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Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies18
  • 7D1.3%
  • 3M-21.1%
  • 1Y-38.0%
  • YTD-21.4%

Over the last 7 days, the Tech industry has risen 1.3%, driven by gains from Elm of 1.5%. In the past year, the industry is down 38%. Earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026ر.س78.4bر.س27.4bر.س4.1b18.2x19.2x2.9x
Tue, 10 Mar 2026ر.س76.9bر.س26.7bر.س4.1b14.1x18.8x2.9x
Thu, 05 Feb 2026ر.س96.0bر.س26.5bر.س4.1b20.4x23.2x3.6x
Sat, 03 Jan 2026ر.س99.6bر.س26.4bر.س4.1b25x24.1x3.8x
Mon, 01 Dec 2025ر.س100.3bر.س26.2bر.س4.1b25x24.5x3.8x
Wed, 29 Oct 2025ر.س118.6bر.س25.2bر.س4.1b24.3x29.1x4.7x
Fri, 26 Sep 2025ر.س114.4bر.س25.2bر.س4.1b28.2x28.1x4.5x
Sun, 24 Aug 2025ر.س109.6bر.س25.1bر.س4.1b28.4x26.9x4.4x
Tue, 22 Jul 2025ر.س113.0bر.س24.2bر.س4.0b25.9x28.6x4.7x
Thu, 19 Jun 2025ر.س112.9bر.س24.4bر.س4.0b21.8x27.9x4.6x
Sat, 17 May 2025ر.س128.8bر.س23.7bر.س4.0b29.6x32.1x5.4x
Mon, 14 Apr 2025ر.س124.1bر.س23.4bر.س3.8b31.2x32.3x5.3x
Wed, 12 Mar 2025ر.س134.7bر.س24.3bر.س4.3b31.5x31.4x5.5x
Fri, 07 Feb 2025ر.س141.2bر.س22.1bر.س3.5b38.8x40.3x6.4x
Sun, 05 Jan 2025ر.س138.0bر.س22.1bر.س3.5b38.6x39.4x6.2x
Tue, 03 Dec 2024ر.س134.2bر.س22.1bر.س3.5b39.4x38.3x6.1x
Thu, 31 Oct 2024ر.س127.1bر.س21.9bر.س3.2b39x40x5.8x
Sat, 28 Sep 2024ر.س136.5bر.س21.8bر.س3.2b29.4x43.1x6.3x
Mon, 26 Aug 2024ر.س130.1bر.س21.8bر.س3.2b30.6x41.1x6x
Wed, 24 Jul 2024ر.س121.9bر.س21.3bر.س2.9b36.7x41.8x5.7x
Fri, 21 Jun 2024ر.س111.3bر.س21.3bر.س2.9b33.4x38.1x5.2x
Sun, 19 May 2024ر.س116.0bر.س20.8bر.س2.8b36x40.8x5.6x
Tue, 16 Apr 2024ر.س134.2bر.س20.7bر.س2.8b38x48.1x6.5x
Thu, 14 Mar 2024ر.س136.0bر.س20.6bر.س2.9b37.9x47.7x6.6x
Sat, 10 Feb 2024ر.س127.9bر.س19.8bر.س2.8b34.4x46.3x6.5x
Mon, 08 Jan 2024ر.س117.0bر.س19.8bر.س2.8b30.7x42.3x5.9x
Wed, 06 Dec 2023ر.س107.6bر.س19.8bر.س2.8b28.1x38.9x5.4x
Fri, 03 Nov 2023ر.س100.8bر.س18.4bر.س2.7b26.9x37.1x5.5x
Sun, 01 Oct 2023ر.س109.7bر.س18.4bر.س2.7b28.7x40.4x6x
Tue, 29 Aug 2023ر.س120.2bر.س18.4bر.س2.7b28.4x44.2x6.6x
Thu, 27 Jul 2023ر.س111.8bر.س17.2bر.س2.4b31x45.6x6.5x
Sat, 24 Jun 2023ر.س95.3bر.س17.2bر.س2.4b32.5x38.9x5.5x
Mon, 22 May 2023ر.س82.8bر.س16.8bر.س2.4b26x34.4x4.9x
Wed, 19 Apr 2023ر.س77.0bر.س16.2bر.س2.3b28.7x33.2x4.8x
Price to Earnings Ratio

33.2x


Total Market Cap: ر.س77.0bTotal Earnings: ر.س2.3bTotal Revenue: ر.س16.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 35.7x202420252026
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 19.2x which is lower than its 3-year average PE of 35.7x.
  • The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 21% 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-0.60%
Tech1.25%
Software2.88%
IT1.24%
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 35.2x.
    • Analysts are expecting annual earnings growth of 11.0%, which is higher than its past year's earnings decline of 4.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings decline of 4.2% per year.
  • In contrast, the IT industry is expected to see its earnings grow by 11% 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.س539.504.1%
+ر.س1.6b
-44.8%PE20.1x
7202 Arabian Internet and Communication Servicesر.س199.502.0%
+ر.س476.2m
-30.8%PE15.8x
7200 Al Moammar Information Systemsر.س168.804.8%
+ر.س234.0m
27.7%PE53.8x
9550 Sure Global Techر.س48.3012.3%
+ر.س39.9m
-43.6%PE11.6x
9637 Axelerated Solutions for Information and Communication Technologyر.س24.964.0%
+ر.س27.2m
n/aPE10.6x

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