Header cover image

Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies15
  • 7D1.4%
  • 3M3.2%
  • 1Y-1.2%
  • YTD1.8%

Over the last 7 days, the Tech industry has dropped 1.3%, driven by a pullback from Edarat Communication and Information Technology of 7.3%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025ر.س137.6bر.س23.0bر.س3.7b36x37.5x6x
Sun, 19 Jan 2025ر.س142.6bر.س22.1bر.س3.5b38.7x40.7x6.4x
Tue, 17 Dec 2024ر.س137.3bر.س22.1bر.س3.5b39.5x39.2x6.2x
Thu, 14 Nov 2024ر.س131.7bر.س22.2bر.س3.4b29.8x38.5x5.9x
Sat, 12 Oct 2024ر.س132.3bر.س21.9bر.س3.2b28.5x41.7x6.1x
Mon, 09 Sep 2024ر.س128.9bر.س21.8bر.س3.2b30x40.7x5.9x
Wed, 07 Aug 2024ر.س121.6bر.س21.4bر.س3.0b34.1x40.1x5.7x
Fri, 05 Jul 2024ر.س114.0bر.س21.3bر.س2.9b33x39.1x5.4x
Sun, 02 Jun 2024ر.س106.9bر.س21.0bر.س2.9b36.1x37x5.1x
Tue, 30 Apr 2024ر.س125.5bر.س20.7bر.س2.8b38.3x45x6.1x
Thu, 28 Mar 2024ر.س135.3bر.س20.6bر.س2.9b38x47.5x6.6x
Sat, 24 Feb 2024ر.س138.9bر.س19.8bر.س2.8b37.1x50.2x7x
Mon, 22 Jan 2024ر.س121.9bر.س19.8bر.س2.8b31x44.1x6.2x
Wed, 20 Dec 2023ر.س113.0bر.س19.8bر.س2.8b29.8x40.9x5.7x
Fri, 17 Nov 2023ر.س105.4bر.س19.6bر.س2.9b26.5x36.9x5.4x
Sun, 15 Oct 2023ر.س103.9bر.س18.4bر.س2.7b27.3x38.3x5.6x
Tue, 12 Sep 2023ر.س108.3bر.س18.4bر.س2.7b28x39.9x5.9x
Thu, 10 Aug 2023ر.س103.9bر.س17.6bر.س2.5b29.8x41.3x5.9x
Sat, 08 Jul 2023ر.س95.6bر.س17.2bر.س2.4b29.8x39x5.6x
Mon, 05 Jun 2023ر.س80.2bر.س17.1bر.س2.4b29.9x32.8x4.7x
Wed, 03 May 2023ر.س78.5bر.س16.2bر.س2.3b27.5x34x4.9x
Fri, 31 Mar 2023ر.س73.3bر.س16.1bر.س2.2b27.4x33.2x4.6x
Sun, 26 Feb 2023ر.س67.6bر.س15.8bر.س2.1b27.2x32.1x4.3x
Tue, 24 Jan 2023ر.س63.0bر.س15.8bر.س2.1b24.5x30.2x4x
Thu, 22 Dec 2022ر.س63.7bر.س15.8bر.س2.1b27.2x30.7x4x
Sat, 19 Nov 2022ر.س60.0bر.س15.8bر.س2.1b28.1x28.9x3.8x
Mon, 17 Oct 2022ر.س60.3bر.س14.4bر.س1.8b33.2x33.5x4.2x
Wed, 14 Sep 2022ر.س63.3bر.س14.4bر.س1.8b35.6x35.3x4.4x
Fri, 12 Aug 2022ر.س56.4bر.س13.9bر.س1.7b37.6x33.5x4.1x
Sun, 10 Jul 2022ر.س49.4bر.س13.5bر.س1.7b32.7x29.7x3.7x
Tue, 07 Jun 2022ر.س52.8bر.س13.3bر.س1.6b38.9x32.2x4x
Thu, 05 May 2022ر.س56.2bر.س13.0bر.س1.6b37.7x35.8x4.3x
Sat, 02 Apr 2022ر.س48.1bر.س12.8bر.س1.5b34.2x31.9x3.8x
Mon, 28 Feb 2022ر.س45.7bر.س12.5bر.س1.5b40.9x30.5x3.7x
Price to Earnings Ratio

30.5x


Total Market Cap: ر.س45.7bTotal Earnings: ر.س1.5bTotal Revenue: ر.س12.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 37.4x202320242025
Current Industry PE
  • Investors are relatively neutral on the Saudi Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 37.4x.
  • The 3-year average PS ratio of 5.2x is lower than the industry's current PS ratio of 6.2x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 33% per year over the last three years.
  • Revenues for these companies have grown 21% 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-0.23%
Tech1.38%
IT1.41%
Communications0%0
Tech Hardware0%0
Electronic Equipment and Components0%0
Semiconductors0%0
Software-3.19%
Industry PE
  • Investors are most optimistic about the IT industry, which is trading close to its 3-year average PE ratio of 36.9x.
    • Analysts are expecting annual earnings growth of 16.6%, which is lower than the prior year's growth of 18.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the IT industry is expected to see its earnings grow by 17% 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.س324.003.4%
+ر.س1.3b
-11.4%PE24.1x
7203 Elmر.س1.08k0.9%
+ر.س777.0m
2.5%PE50.7x
9534 Saudi Azm for Communication and Information Technologyر.س31.003.0%
+ر.س54.0m
108.1%PE66.6x
9524 Advance International Company for Communication and Information Technologyر.س4.101.0%
+ر.س2.6m
-11.8%PE69.8x
9550 Sure Global Techر.س87.300.3%
+ر.س2.3m
19.4%PE22.8x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

7202

ر.س324.00

Arabian Internet and Communication Services

7D

3.4%

1Y

-11.4%

7203

ر.س1,080.00

Elm

7D

0.9%

1Y

2.5%

9614

ر.س22.72

Purity for Information Technology

7D

-3.7%

1Y

n/a

9561

ر.س32.60

Knowledge Net Computer

7D

-4.1%

1Y

8.7%

9557

ر.س600.00

Edarat Communication and Information Technology

7D

-7.3%

1Y

150.9%

7201

ر.س6.41

Arab Sea Information Systems

7D

-3.0%

1Y

-12.8%

9595

ر.س49.85

WSM For Information Technology

7D

-5.8%

1Y

-19.6%