Header cover image

Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedJan 19, 2026
DataAggregated Company Financials
Companies18
  • 7D3.3%
  • 3M-11.9%
  • 1Y-31.4%
  • YTD3.0%

Over the last 7 days, the Tech industry has risen 3.3%, driven by gains from Elm of 3.4%. However, the industry is down 31% over the past year. Earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

Has the Saudi Arabian Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 19 Jan 2026ر.س102.6bر.س26.5bر.س4.1b21.8x24.8x3.9x
Wed, 17 Dec 2025ر.س101.7bر.س26.4bر.س4.1b25x24.6x3.8x
Fri, 14 Nov 2025ر.س105.3bر.س26.2bر.س4.1b25x25.7x4x
Sun, 12 Oct 2025ر.س116.8bر.س25.2bر.س4.1b28.8x28.7x4.6x
Tue, 09 Sep 2025ر.س107.5bر.س25.1bر.س4.1b27.6x26.4x4.3x
Thu, 07 Aug 2025ر.س115.6bر.س24.6bر.س4.0b29.5x29x4.7x
Sat, 05 Jul 2025ر.س120.8bر.س24.5bر.س4.0b25.8x30.2x4.9x
Mon, 02 Jun 2025ر.س125.1bر.س23.8bر.س4.0b31.8x31.5x5.3x
Wed, 30 Apr 2025ر.س128.2bر.س23.4bر.س3.9b29.9x33.3x5.5x
Fri, 28 Mar 2025ر.س127.7bر.س23.5bر.س3.8b33x33.3x5.4x
Sun, 23 Feb 2025ر.س137.6bر.س23.0bر.س3.7b36x37.5x6x
Tue, 21 Jan 2025ر.س149.0bر.س22.1bر.س3.5b39.4x42.6x6.7x
Thu, 19 Dec 2024ر.س138.0bر.س22.1bر.س3.5b39.2x39.4x6.2x
Sat, 16 Nov 2024ر.س133.0bر.س22.2bر.س3.4b30.8x38.9x6x
Mon, 14 Oct 2024ر.س132.3bر.س21.9bر.س3.2b28.5x41.7x6.1x
Wed, 11 Sep 2024ر.س128.7bر.س21.8bر.س3.2b30.2x40.6x5.9x
Fri, 09 Aug 2024ر.س117.8bر.س21.8bر.س3.1b33.4x37.5x5.4x
Sun, 07 Jul 2024ر.س113.9bر.س21.3bر.س2.9b33x39x5.4x
Tue, 04 Jun 2024ر.س114.2bر.س21.0bر.س2.9b36.4x39.5x5.4x
Thu, 02 May 2024ر.س125.4bر.س20.7bر.س2.8b39.3x44.9x6.1x
Sat, 30 Mar 2024ر.س133.6bر.س20.6bر.س2.9b37.2x46.9x6.5x
Mon, 26 Feb 2024ر.س136.7bر.س19.8bر.س2.8b38.1x49.4x6.9x
Wed, 24 Jan 2024ر.س123.7bر.س19.8bر.س2.8b30.8x44.7x6.3x
Fri, 22 Dec 2023ر.س112.6bر.س19.8bر.س2.8b29.6x40.7x5.7x
Sun, 19 Nov 2023ر.س104.6bر.س19.6bر.س2.9b26.4x36.6x5.3x
Tue, 17 Oct 2023ر.س103.6bر.س18.4bر.س2.7b28.9x38.2x5.6x
Thu, 14 Sep 2023ر.س107.1bر.س18.4bر.س2.7b27.2x39.4x5.8x
Sat, 12 Aug 2023ر.س103.9bر.س18.1bر.س2.7b30.8x38.5x5.7x
Mon, 10 Jul 2023ر.س95.6bر.س17.2bر.س2.4b29.7x39x5.6x
Wed, 07 Jun 2023ر.س92.0bر.س17.1bر.س2.4b29.4x37.6x5.4x
Fri, 05 May 2023ر.س77.0bر.س16.2bر.س2.3b27.7x33.3x4.8x
Sun, 02 Apr 2023ر.س73.5bر.س16.1bر.س2.2b27.4x33.3x4.6x
Tue, 28 Feb 2023ر.س67.6bر.س15.8bر.س2.1b27.2x32.1x4.3x
Thu, 26 Jan 2023ر.س63.3bر.س15.8bر.س2.1b24.8x30.4x4x
Price to Earnings Ratio

30.4x


Total Market Cap: ر.س63.3bTotal Earnings: ر.س2.1bTotal Revenue: ر.س15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 36.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Saudi Information Technology industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 24.8x which is lower than its 3-year average PE of 36.5x.
  • The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 26% per year over the last three years.
  • Revenues for these companies have grown 19% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Saudi Arabian Tech sector?

SA Market3.18%
Tech3.30%
IT3.31%
Software2.57%
Electronic Equipment and Components0%0
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 36.1x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings growth of 8.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 8.3% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
7202 Arabian Internet and Communication Servicesر.س231.503.8%
+ر.س1.0b
-22.2%PE17.8x
7203 Elmر.س774.500.4%
+ر.س233.1m
-38.5%PE28.1x
9557 Edarat Communication and Information Technologyر.س298.006.4%
+ر.س90.5m
-12.1%PE52.9x
7204 Perfect Presentation for Commercial Servicesر.س7.822.1%
+ر.س52.8m
-44.1%PE18.7x
7211 Saudi Azm for Communication and Information Technologyر.س23.622.2%
+ر.س29.4m
-15.5%PE33.6x

Latest News