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Saudi Arabian (Tadawul) Tech Sector Analysis
UpdatedJul 09, 2025
DataAggregated Company Financials
Companies17
- 7D-0.4%
- 3M3.8%
- 1Y6.3%
- YTD-11.0%
In the last week, Tech has been flat. The past year has been better, since the industry has gained 6.3% in that time. As for the next few years, earnings are expected to grow by 12% per annum.
Sector Valuation and Performance
Has the Saudi Arabian Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 09 Jul 2025 | ر.س121.6b | ر.س24.5b | ر.س4.0b | 25.6x | 30.5x | 5x |
| Fri, 06 Jun 2025 | ر.س125.4b | ر.س23.8b | ر.س4.0b | 32.5x | 31.5x | 5.3x |
| Sun, 04 May 2025 | ر.س126.7b | ر.س23.4b | ر.س3.9b | 29.4x | 32.8x | 5.4x |
| Tue, 01 Apr 2025 | ر.س126.0b | ر.س23.5b | ر.س3.8b | 33.1x | 32.8x | 5.4x |
| Thu, 27 Feb 2025 | ر.س137.7b | ر.س23.0b | ر.س3.7b | 34.8x | 37.6x | 6x |
| Sat, 25 Jan 2025 | ر.س140.9b | ر.س22.1b | ر.س3.5b | 38.8x | 40.2x | 6.4x |
| Mon, 23 Dec 2024 | ر.س135.9b | ر.س22.1b | ر.س3.5b | 38.4x | 38.8x | 6.1x |
| Wed, 20 Nov 2024 | ر.س133.2b | ر.س22.2b | ر.س3.4b | 32.9x | 38.9x | 6x |
| Fri, 18 Oct 2024 | ر.س129.3b | ر.س21.9b | ر.س3.2b | 29.8x | 40.8x | 5.9x |
| Sun, 15 Sep 2024 | ر.س126.4b | ر.س21.8b | ر.س3.2b | 30x | 39.9x | 5.8x |
| Tue, 13 Aug 2024 | ر.س121.9b | ر.س21.8b | ر.س3.2b | 27.8x | 38.4x | 5.6x |
| Thu, 11 Jul 2024 | ر.س114.5b | ر.س21.3b | ر.س2.9b | 32x | 39.2x | 5.4x |
| Sat, 08 Jun 2024 | ر.س110.2b | ر.س21.0b | ر.س2.9b | 34.9x | 38.2x | 5.2x |
| Mon, 06 May 2024 | ر.س128.1b | ر.س20.7b | ر.س2.8b | 39.6x | 45.9x | 6.2x |
| Wed, 03 Apr 2024 | ر.س131.0b | ر.س20.6b | ر.س2.9b | 36.8x | 45.9x | 6.4x |
| Fri, 01 Mar 2024 | ر.س139.9b | ر.س20.2b | ر.س2.7b | 37.6x | 51.2x | 6.9x |
| Sun, 28 Jan 2024 | ر.س123.4b | ر.س19.8b | ر.س2.8b | 31.7x | 44.6x | 6.2x |
| Tue, 26 Dec 2023 | ر.س115.5b | ر.س19.8b | ر.س2.8b | 30.6x | 41.8x | 5.8x |
| Thu, 23 Nov 2023 | ر.س105.4b | ر.س19.8b | ر.س2.8b | 29.7x | 38.1x | 5.3x |
| Sat, 21 Oct 2023 | ر.س104.5b | ر.س18.4b | ر.س2.7b | 29x | 38.5x | 5.7x |
| Mon, 18 Sep 2023 | ر.س105.4b | ر.س18.4b | ر.س2.7b | 27.8x | 38.9x | 5.7x |
| Wed, 16 Aug 2023 | ر.س107.1b | ر.س18.2b | ر.س2.7b | 29.9x | 39.7x | 5.9x |
| Fri, 14 Jul 2023 | ر.س107.5b | ر.س17.2b | ر.س2.4b | 28.9x | 43.9x | 6.3x |
| Sun, 11 Jun 2023 | ر.س95.0b | ر.س17.2b | ر.س2.4b | 30.8x | 38.8x | 5.5x |
| Tue, 09 May 2023 | ر.س77.8b | ر.س16.2b | ر.س2.3b | 27.9x | 33.7x | 4.8x |
| Thu, 06 Apr 2023 | ر.س78.1b | ر.س16.1b | ر.س2.2b | 26.8x | 35.4x | 4.9x |
| Sat, 04 Mar 2023 | ر.س65.9b | ر.س15.8b | ر.س2.1b | 26.5x | 31.3x | 4.2x |
| Mon, 30 Jan 2023 | ر.س63.5b | ر.س15.8b | ر.س2.1b | 24.7x | 30.4x | 4x |
| Wed, 28 Dec 2022 | ر.س63.1b | ر.س15.8b | ر.س2.1b | 29.1x | 30.4x | 4x |
| Fri, 25 Nov 2022 | ر.س60.0b | ر.س15.8b | ر.س2.1b | 26.5x | 29x | 3.8x |
| Sun, 23 Oct 2022 | ر.س62.1b | ر.س14.4b | ر.س1.8b | 32.2x | 34.5x | 4.3x |
| Tue, 20 Sep 2022 | ر.س57.8b | ر.س14.4b | ر.س1.8b | 32.3x | 32.2x | 4x |
| Thu, 18 Aug 2022 | ر.س59.6b | ر.س13.9b | ر.س1.8b | 36.7x | 33.7x | 4.3x |
| Sat, 16 Jul 2022 | ر.س50.3b | ر.س13.5b | ر.س1.7b | 32.6x | 30.2x | 3.7x |
Price to Earnings Ratio
30.2x
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 30.5x which is lower than its 3-year average PE of 37.5x.
- The industry is trading close to its 3-year average PS ratio of 5.4x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 34% per year over the last three years.
- Revenues for these companies have grown 22% 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 Market | 2.44% | |
| Tech | -0.45% | |
| IT | -0.44% | |
| Software | -1.39% | |
Industry PE
- Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 37.1x.
- Analysts are expecting annual earnings growth of 12.3%, which is lower than the prior year's growth of 20.8% per year.
Forecasted Growth
- Analysts are most optimistic on the IT industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 21% per year.
- In contrast, the IT industry is expected to see its earnings grow by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 7202 Arabian Internet and Communication Services | ر.س263.60 | 0.6% +ر.س190.4m | -4.8% | PE19.6x | |
| 7203 Elm | ر.س964.00 | 0.2% +ر.س116.6m | 11.4% | PE37.9x | |
| 9557 Edarat Communication and Information Technology | ر.س248.00 | 3.3% +ر.س40.3m | 8.9% | PE50.6x | |
| 9637 Axelerated Solutions for Information and Communication Technology | ر.س27.06 | 3.7% +ر.س26.9m | n/a | PE22.3x | |
| 9595 WSM For Information Technology | ر.س44.18 | 35.5% +ر.س22.6m | -12.3% | n/a |
