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Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedDec 12, 2025
DataAggregated Company Financials
Companies18
  • 7D2.7%
  • 3M-2.0%
  • 1Y-25.4%
  • YTD-23.8%

In the last week, the Tech industry is up 2.7%, with Elm up 3.3%. In the same time, Axelerated Solutions for Information and Communication Technology was down 9.2%. However, the industry is down 25% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 12 Dec 2025ر.س104.3bر.س26.4bر.س4.1b25x25.3x3.9x
Sun, 09 Nov 2025ر.س104.3bر.س26.2bر.س4.1b22.7x25.5x4x
Tue, 07 Oct 2025ر.س116.9bر.س25.2bر.س4.1b29x28.7x4.6x
Thu, 04 Sep 2025ر.س108.8bر.س25.1bر.س4.1b27.7x26.7x4.3x
Sat, 02 Aug 2025ر.س113.3bر.س24.5bر.س4.0b29.3x28.4x4.6x
Mon, 30 Jun 2025ر.س124.0bر.س24.5bر.س4.0b22.7x30.6x5.1x
Wed, 28 May 2025ر.س126.2bر.س23.8bر.س4.0b33x31.7x5.3x
Fri, 25 Apr 2025ر.س130.1bر.س23.4bر.س3.9b29.3x33.8x5.6x
Sun, 23 Mar 2025ر.س124.3bر.س23.5bر.س3.8b33.7x32.4x5.3x
Tue, 18 Feb 2025ر.س137.2bر.س22.1bر.س3.5b36.1x39.2x6.2x
Thu, 16 Jan 2025ر.س142.5bر.س22.1bر.س3.5b38.8x40.7x6.4x
Sat, 14 Dec 2024ر.س137.8bر.س22.1bر.س3.5b40.5x39.4x6.2x
Mon, 11 Nov 2024ر.س130.8bر.س22.2bر.س3.4b31.5x38.2x5.9x
Wed, 09 Oct 2024ر.س133.1bر.س21.8bر.س3.2b28.5x42x6.1x
Fri, 06 Sep 2024ر.س128.9bر.س21.8bر.س3.2b30x40.8x5.9x
Sun, 04 Aug 2024ر.س120.8bر.س21.4bر.س3.0b37.3x39.9x5.6x
Tue, 02 Jul 2024ر.س115.8bر.س21.3bر.س2.9b34.2x39.7x5.4x
Thu, 30 May 2024ر.س110.4bر.س21.0bر.س2.9b36.4x38.2x5.2x
Sat, 27 Apr 2024ر.س125.2bر.س20.7bر.س2.8b38.1x44.9x6.1x
Mon, 25 Mar 2024ر.س135.2bر.س20.6bر.س2.9b37.5x47.4x6.6x
Wed, 21 Feb 2024ر.س140.1bر.س19.8bر.س2.8b37.3x50.7x7.1x
Fri, 19 Jan 2024ر.س123.5bر.س19.8bر.س2.8b31.3x44.6x6.2x
Sun, 17 Dec 2023ر.س111.1bر.س19.8bر.س2.8b29.9x40.2x5.6x
Tue, 14 Nov 2023ر.س102.2bر.س19.5bر.س2.9b26.1x35.7x5.2x
Thu, 12 Oct 2023ر.س105.2bر.س18.4bر.س2.7b30.2x38.8x5.7x
Sat, 09 Sep 2023ر.س112.7bر.س18.4bر.س2.7b27.9x41.5x6.1x
Mon, 07 Aug 2023ر.س103.1bر.س17.6bر.س2.5b30.5x41x5.9x
Wed, 05 Jul 2023ر.س96.3bر.س17.2bر.س2.4b30.4x39.3x5.6x
Fri, 02 Jun 2023ر.س80.5bر.س16.8bر.س2.4b30.5x33.5x4.8x
Sun, 30 Apr 2023ر.س78.0bر.س16.2bر.س2.3b28.4x33.7x4.8x
Tue, 28 Mar 2023ر.س71.7bر.س16.1bر.س2.2b26.8x32.5x4.5x
Thu, 23 Feb 2023ر.س67.2bر.س15.8bر.س2.1b27.2x31.9x4.2x
Sat, 21 Jan 2023ر.س63.0bر.س15.8bر.س2.1b24.7x30.2x4x
Mon, 19 Dec 2022ر.س63.5bر.س15.8bر.س2.1b27.5x30.6x4x
Price to Earnings Ratio

30.6x


Total Market Cap: ر.س63.5bTotal Earnings: ر.س2.1bTotal Revenue: ر.س15.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 36.7x202320242025
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 25.3x which is lower than its 3-year average PE of 36.7x.
  • 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 Market-1.17%
Tech2.66%
IT2.66%
Electronic Equipment and Components0%0
Software-0.023%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 36.3x.
    • Analysts are expecting annual earnings growth of 13.5%, 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
7203 Elmر.س807.003.3%
+ر.س2.0b
-28.8%PE29.3x
7202 Arabian Internet and Communication Servicesر.س233.102.6%
+ر.س702.3m
-18.1%PE17.9x
7211 Saudi Azm for Communication and Information Technologyر.س26.107.8%
+ر.س110.7m
-13.0%PE37.2x
7200 Al Moammar Information Systemsر.س158.600.8%
+ر.س39.0m
-3.9%PE50.6x
9645 National Signage Industrialر.س13.5512.0%
+ر.س10.9m
n/an/a

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