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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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Jul 2025ر.س121.6bر.س24.5bر.س4.0b25.6x30.5x5x
Fri, 06 Jun 2025ر.س125.4bر.س23.8bر.س4.0b32.5x31.5x5.3x
Sun, 04 May 2025ر.س126.7bر.س23.4bر.س3.9b29.4x32.8x5.4x
Tue, 01 Apr 2025ر.س126.0bر.س23.5bر.س3.8b33.1x32.8x5.4x
Thu, 27 Feb 2025ر.س137.7bر.س23.0bر.س3.7b34.8x37.6x6x
Sat, 25 Jan 2025ر.س140.9bر.س22.1bر.س3.5b38.8x40.2x6.4x
Mon, 23 Dec 2024ر.س135.9bر.س22.1bر.س3.5b38.4x38.8x6.1x
Wed, 20 Nov 2024ر.س133.2bر.س22.2bر.س3.4b32.9x38.9x6x
Fri, 18 Oct 2024ر.س129.3bر.س21.9bر.س3.2b29.8x40.8x5.9x
Sun, 15 Sep 2024ر.س126.4bر.س21.8bر.س3.2b30x39.9x5.8x
Tue, 13 Aug 2024ر.س121.9bر.س21.8bر.س3.2b27.8x38.4x5.6x
Thu, 11 Jul 2024ر.س114.5bر.س21.3bر.س2.9b32x39.2x5.4x
Sat, 08 Jun 2024ر.س110.2bر.س21.0bر.س2.9b34.9x38.2x5.2x
Mon, 06 May 2024ر.س128.1bر.س20.7bر.س2.8b39.6x45.9x6.2x
Wed, 03 Apr 2024ر.س131.0bر.س20.6bر.س2.9b36.8x45.9x6.4x
Fri, 01 Mar 2024ر.س139.9bر.س20.2bر.س2.7b37.6x51.2x6.9x
Sun, 28 Jan 2024ر.س123.4bر.س19.8bر.س2.8b31.7x44.6x6.2x
Tue, 26 Dec 2023ر.س115.5bر.س19.8bر.س2.8b30.6x41.8x5.8x
Thu, 23 Nov 2023ر.س105.4bر.س19.8bر.س2.8b29.7x38.1x5.3x
Sat, 21 Oct 2023ر.س104.5bر.س18.4bر.س2.7b29x38.5x5.7x
Mon, 18 Sep 2023ر.س105.4bر.س18.4bر.س2.7b27.8x38.9x5.7x
Wed, 16 Aug 2023ر.س107.1bر.س18.2bر.س2.7b29.9x39.7x5.9x
Fri, 14 Jul 2023ر.س107.5bر.س17.2bر.س2.4b28.9x43.9x6.3x
Sun, 11 Jun 2023ر.س95.0bر.س17.2bر.س2.4b30.8x38.8x5.5x
Tue, 09 May 2023ر.س77.8bر.س16.2bر.س2.3b27.9x33.7x4.8x
Thu, 06 Apr 2023ر.س78.1bر.س16.1bر.س2.2b26.8x35.4x4.9x
Sat, 04 Mar 2023ر.س65.9bر.س15.8bر.س2.1b26.5x31.3x4.2x
Mon, 30 Jan 2023ر.س63.5bر.س15.8bر.س2.1b24.7x30.4x4x
Wed, 28 Dec 2022ر.س63.1bر.س15.8bر.س2.1b29.1x30.4x4x
Fri, 25 Nov 2022ر.س60.0bر.س15.8bر.س2.1b26.5x29x3.8x
Sun, 23 Oct 2022ر.س62.1bر.س14.4bر.س1.8b32.2x34.5x4.3x
Tue, 20 Sep 2022ر.س57.8bر.س14.4bر.س1.8b32.3x32.2x4x
Thu, 18 Aug 2022ر.س59.6bر.س13.9bر.س1.8b36.7x33.7x4.3x
Sat, 16 Jul 2022ر.س50.3bر.س13.5bر.س1.7b32.6x30.2x3.7x
Price to Earnings Ratio

30.2x


Total Market Cap: ر.س50.3bTotal Earnings: ر.س1.7bTotal Revenue: ر.س13.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 37.5x202320242025
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 Market2.44%
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?

CompanyLast Price7D1YValuation
7202 Arabian Internet and Communication Servicesر.س263.600.6%
+ر.س190.4m
-4.8%PE19.6x
7203 Elmر.س964.000.2%
+ر.س116.6m
11.4%PE37.9x
9557 Edarat Communication and Information Technologyر.س248.003.3%
+ر.س40.3m
8.9%PE50.6x
9637 Axelerated Solutions for Information and Communication Technologyر.س27.063.7%
+ر.س26.9m
n/aPE22.3x
9595 WSM For Information Technologyر.س44.1835.5%
+ر.س22.6m
-12.3%n/a

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