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Saudi Arabian (Tadawul) Tech Sector Analysis

UpdatedSep 13, 2025
DataAggregated Company Financials
Companies17
  • 7D-2.3%
  • 3M-10.1%
  • 1Y-17.4%
  • YTD-22.2%

Over the last 7 days, the Tech industry has dropped 2.3%, driven by pullbacks in Elm and Arabian Internet and Communication Services of 1.8% and 3.8%, respectively. Overall the industry is down 17% in 12 months. Looking forward, earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 14 Sep 2025ر.س106.1bر.س25.2bر.س4.1b26.8x26.1x4.2x
Tue, 12 Aug 2025ر.س114.8bر.س25.1bر.س4.1b28.3x28.1x4.6x
Thu, 10 Jul 2025ر.س121.3bر.س24.5bر.س4.0b25.4x30.4x5x
Sat, 07 Jun 2025ر.س125.4bر.س23.8bر.س4.0b32.5x31.5x5.3x
Mon, 05 May 2025ر.س125.9bر.س23.4bر.س3.9b29.4x32.6x5.4x
Wed, 02 Apr 2025ر.س126.0bر.س23.4bر.س3.8b33.1x32.8x5.4x
Fri, 28 Feb 2025ر.س135.7bر.س23.0bر.س3.7b34.6x37x5.9x
Sun, 26 Jan 2025ر.س140.9bر.س22.1bر.س3.5b38.8x40.2x6.4x
Tue, 24 Dec 2024ر.س138.0bر.س22.1bر.س3.5b38.3x39.4x6.2x
Thu, 21 Nov 2024ر.س134.5bر.س22.2bر.س3.4b32.7x39.3x6.1x
Sat, 19 Oct 2024ر.س128.8bر.س21.9bر.س3.2b29.8x40.6x5.9x
Mon, 16 Sep 2024ر.س126.4bر.س21.8bر.س3.2b30x39.9x5.8x
Wed, 14 Aug 2024ر.س122.8bر.س21.8bر.س3.2b28.1x38.7x5.6x
Fri, 12 Jul 2024ر.س114.7bر.س21.3bر.س2.9b31.8x39.3x5.4x
Sun, 09 Jun 2024ر.س110.2bر.س21.0bر.س2.9b34.9x38.2x5.2x
Tue, 07 May 2024ر.س127.9bر.س20.7bر.س2.8b39x45.8x6.2x
Thu, 04 Apr 2024ر.س133.0bر.س20.6bر.س2.9b36.5x46.7x6.5x
Sat, 02 Mar 2024ر.س139.9bر.س20.2bر.س2.7b37.6x51.2x6.9x
Mon, 29 Jan 2024ر.س124.0bر.س19.8bر.س2.8b31.9x44.9x6.3x
Wed, 27 Dec 2023ر.س113.8bر.س19.8bر.س2.8b30.6x41.2x5.8x
Fri, 24 Nov 2023ر.س105.8bر.س19.8bر.س2.8b27.9x38.3x5.4x
Sun, 22 Oct 2023ر.س104.5bر.س18.4bر.س2.7b29x38.5x5.7x
Tue, 19 Sep 2023ر.س103.2bر.س18.4bر.س2.7b27x38.1x5.6x
Thu, 17 Aug 2023ر.س106.7bر.س18.2bر.س2.7b30.3x39.6x5.9x
Sat, 15 Jul 2023ر.س108.2bر.س17.2bر.س2.4b28.9x44.2x6.3x
Mon, 12 Jun 2023ر.س95.0bر.س17.2bر.س2.4b29.7x38.8x5.5x
Wed, 10 May 2023ر.س78.7bر.س16.2bر.س2.3b27.8x34x4.9x
Fri, 07 Apr 2023ر.س76.6bر.س16.1bر.س2.2b27.2x34.7x4.8x
Sun, 05 Mar 2023ر.س65.9bر.س15.8bر.س2.1b26.5x31.3x4.2x
Tue, 31 Jan 2023ر.س64.8bر.س15.8bر.س2.1b24.9x31.1x4.1x
Thu, 29 Dec 2022ر.س63.2bر.س15.8bر.س2.1b27.6x30.5x4x
Sat, 26 Nov 2022ر.س60.0bر.س15.8bر.س2.1b26.5x29x3.8x
Mon, 24 Oct 2022ر.س62.4bر.س14.4bر.س1.8b32.4x34.6x4.3x
Wed, 21 Sep 2022ر.س60.1bر.س14.4bر.س1.8b33x33.5x4.2x
Price to Earnings Ratio

33.5x


Total Market Cap: ر.س60.1bTotal Earnings: ر.س1.8bTotal Revenue: ر.س14.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Tech Sector Price to Earnings3Y Average 37.1x202320242025
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 26.1x which is lower than its 3-year average PE of 37.2x.
  • The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.2x.
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 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-2.05%
Tech-2.27%
IT-2.26%
Software-3.41%
Industry PE
  • Investors are most optimistic about the IT industry even though it's trading below its 3-year average PE ratio of 36.7x.
    • Analysts are expecting annual earnings growth of 12.8%, which is higher than its past year's earnings growth of 0.07% 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 0.07% 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
7200 Al Moammar Information Systemsر.س131.501.9%
+ر.س72.0m
-31.6%PE46x
9639 Anmat Technology for Tradingر.س11.441.4%
+ر.س6.9m
n/aPE14.3x
9614 Purity for Information Technologyر.س21.150.7%
+ر.س2.3m
n/aPE79.7x

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