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Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedJan 19, 2025
DataAggregated Company Financials
Companies15
  • 7D1.5%
  • 3M11.6%
  • 1Y15.1%
  • YTD5.5%

In the last week, the Tech industry is up 1.5%, with Elm up 1.6%. This means that the industry has gained 15% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Wed, 26 Jan 2022ر.س30.2bر.س8.5bر.س866.5m54.8x34.8x3.5x
Price to Earnings Ratio

34.8x


Total Market Cap: ر.س30.2bTotal Earnings: ر.س866.5mTotal Revenue: ر.س8.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 37.2x202320242025
Current Industry PE
  • Investors are optimistic on the Saudi Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.7x which is higher than its 3-year average PE of 37.2x.
  • The 3-year average PS ratio of 5.1x is lower than the industry's current PS ratio of 6.4x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 59% per year over the last three years.
  • Revenues for these companies have grown 37% 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 Market1.19%
Tech1.53%
IT1.53%
Software0.25%
Communications0%
Tech Hardware0%
Electronic Equipment and Components0%
Semiconductors0%
Industry PE
  • Investors are most optimistic about the IT industry, which is trading close to its 3-year average PE ratio of 36.7x.
    • Analysts are expecting annual earnings growth of 17.0%, 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
7203 Elmر.س1.19k1.6%
+ر.س1.5b
28.7%PE55.8x
7202 Arabian Internet and Communication Servicesر.س291.001.9%
+ر.س642.6m
-13.4%PE24.2x
7204 Perfect Presentation for Commercial Servicesر.س14.041.7%
+ر.س72.0m
2.5%PE26.5x
7200 Al Moammar Information Systemsر.س157.401.3%
+ر.س60.0m
19.1%PE43.4x
9543 Saudi Networkers Servicesر.س81.502.5%
+ر.س12.0m
37.0%PE12.1x
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Latest News

9614

ر.س21.00

Purity for Information Technology

7D

-7.3%

1Y

n/a

7203

ر.س1,188.80

Elm

7D

1.6%

1Y

28.7%

9558

ر.س90.00

Alqemam for Computer Systems

7D

3.8%

1Y

-5.0%

9543

ر.س81.50

Saudi Networkers Services

7D

2.5%

1Y

37.0%

9557

ر.س680.00

Edarat Communication and Information Technology

7D

-1.1%

1Y

240.0%

7201

ر.س6.74

Arab Sea Information Systems

7D

-0.7%

1Y

-9.5%

9595

ر.س55.20

WSM For Information Technology

7D

11.3%

1Y

n/a