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Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedAug 24, 2025
DataAggregated Company Financials
Companies17
  • 7D-1.3%
  • 3M-14.0%
  • 1Y-17.0%
  • YTD-19.6%

Over the last 7 days, the Tech industry has dropped 1.3%, driven by a pullback from Elm of 2.2%. Overall the industry is down 17% in 12 months. 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
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
Fri, 17 Mar 2023ر.س68.5bر.س16.1bر.س2.2b26.2x31x4.3x
Sun, 12 Feb 2023ر.س67.0bر.س15.8bر.س2.1b28.9x31.8x4.2x
Tue, 10 Jan 2023ر.س62.5bر.س15.8bر.س2.1b27.5x30.1x4x
Thu, 08 Dec 2022ر.س61.5bر.س15.8bر.س2.1b26.7x29.7x3.9x
Sat, 05 Nov 2022ر.س62.0bر.س14.7bر.س1.8b30x33.6x4.2x
Mon, 03 Oct 2022ر.س58.1bر.س14.4bر.س1.8b31x32.3x4x
Wed, 31 Aug 2022ر.س64.6bر.س14.3bر.س1.8b35.9x36.1x4.5x
Price to Earnings Ratio

36.1x


Total Market Cap: ر.س64.6bTotal Earnings: ر.س1.8bTotal Revenue: ر.س14.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 37.3x202320242025
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 26.9x which is lower than its 3-year average PE of 37.3x.
  • The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 31% per year over the last three years.
  • Revenues for these companies have grown 20% 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-0.74%
Tech-1.32%
Software0.30%
IT-1.33%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 36.9x.
    • Analysts are expecting annual earnings growth of 13.0%, which is higher than its past year's earnings growth of 6.5% 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 6.5% 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
7204 Perfect Presentation for Commercial Servicesر.س10.734.0%
+ر.س123.0m
-30.5%PE22.6x
7200 Al Moammar Information Systemsر.س131.700.9%
+ر.س36.0m
-22.1%PE46.1x
7211 Saudi Azm for Communication and Information Technologyر.س27.082.2%
+ر.س34.8m
14.7%PE45.9x
9637 Axelerated Solutions for Information and Communication Technologyر.س28.003.7%
+ر.س28.0m
n/aPE23.1x
9558 Alqemam for Computer Systemsر.س75.954.1%
+ر.س9.0m
-31.2%PE24.6x

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