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Saudi Arabian (Tadawul) IT Industry Analysis

UpdatedApr 30, 2026
DataAggregated Company Financials
Companies15
  • 7D0.3%
  • 3M-17.0%
  • 1Y-34.4%
  • YTD-14.3%

Over the last 7 days, the IT industry has remained flat. Unfortunately though, the industry is down 34% over the past 12 months. Earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Saudi Arabian IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Apr 2026ر.س84.9bر.س27.4bر.س4.1b19.5x20.9x3.1x
Sat, 28 Mar 2026ر.س77.9bر.س27.2bر.س4.1b16.8x19x2.9x
Mon, 23 Feb 2026ر.س91.1bر.س26.5bر.س4.1b17.4x22x3.4x
Wed, 21 Jan 2026ر.س100.9bر.س26.3bر.س4.2b25x24.1x3.8x
Fri, 19 Dec 2025ر.س100.0bر.س26.3bر.س4.2b25x23.9x3.8x
Sun, 16 Nov 2025ر.س104.6bر.س26.1bر.س4.2b25x25.2x4x
Tue, 14 Oct 2025ر.س116.0bر.س25.1bر.س4.1b29x28.1x4.6x
Thu, 11 Sep 2025ر.س106.6bر.س25.1bر.س4.1b27.7x25.8x4.3x
Sat, 09 Aug 2025ر.س115.6bر.س24.5bر.س4.0b29.6x28.6x4.7x
Mon, 07 Jul 2025ر.س120.1bر.س24.4bر.س4.1b25.8x29.6x4.9x
Wed, 04 Jun 2025ر.س123.7bر.س23.7bر.س4.0b32.4x31x5.2x
Fri, 02 May 2025ر.س126.0bر.س23.3bر.س3.9b29.4x32.5x5.4x
Sun, 30 Mar 2025ر.س125.3bر.س23.4bر.س3.9b33.1x32.5x5.4x
Tue, 25 Feb 2025ر.س136.8bر.س22.9bر.س3.7b35.9x37.2x6x
Thu, 23 Jan 2025ر.س142.1bر.س22.0bر.س3.5b39x40.4x6.4x
Sat, 21 Dec 2024ر.س135.9bر.س22.0bر.س3.5b38.2x38.7x6.2x
Mon, 18 Nov 2024ر.س135.9bر.س22.1bر.س3.4b31.6x39.6x6.1x
Wed, 16 Oct 2024ر.س129.5bر.س21.8bر.س3.2b29.8x40.6x6x
Fri, 13 Sep 2024ر.س126.1bر.س21.7bر.س3.2b30x39.6x5.8x
Sun, 11 Aug 2024ر.س117.1bر.س21.7bر.س3.2b27.5x36.7x5.4x
Tue, 09 Jul 2024ر.س111.4bر.س21.2bر.س2.9b31.7x38x5.2x
Thu, 06 Jun 2024ر.س111.6bر.س21.0bر.س2.9b35x38.5x5.3x
Sat, 04 May 2024ر.س127.2bر.س20.6bر.س2.8b39.5x45.4x6.2x
Mon, 01 Apr 2024ر.س132.7bر.س20.5bر.س2.9b37.5x46.2x6.5x
Wed, 28 Feb 2024ر.س134.2bر.س19.7bر.س2.8b38.4x48.2x6.8x
Fri, 26 Jan 2024ر.س122.6bر.س19.7bر.س2.8b31.7x44x6.2x
Sun, 24 Dec 2023ر.س111.8bر.س19.7bر.س2.8b29.6x40.1x5.7x
Tue, 21 Nov 2023ر.س104.2bر.س19.7bر.س2.8b29.5x37.4x5.3x
Thu, 19 Oct 2023ر.س106.2bر.س18.4bر.س2.7b28.4x38.9x5.8x
Sat, 16 Sep 2023ر.س104.8bر.س18.4bر.س2.7b26.7x38.4x5.7x
Mon, 14 Aug 2023ر.س103.0bر.س18.1bر.س2.7b30.5x38x5.7x
Wed, 12 Jul 2023ر.س98.8bر.س17.1bر.س2.5b29.6x40.1x5.8x
Fri, 09 Jun 2023ر.س90.1bر.س17.1bر.س2.5b30.8x36.6x5.3x
Sun, 07 May 2023ر.س75.9bر.س16.1bر.س2.3b27.7x32.7x4.7x
Price to Earnings Ratio

32.7x


Total Market Cap: ر.س75.9bTotal Earnings: ر.س2.3bTotal Revenue: ر.س16.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian IT Industry Price to Earnings3Y Average 35x202420252026
Current Industry PE
  • Investors are pessimistic on the Saudi IT 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 20.9x which is lower than its 3-year average PE of 35.0x.
  • The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 3.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 20% 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 industry?

SA Market0.82%
Tech0.27%
IT0.28%
IT Consulting0.28%
Data Processing Services0%0
Industry PE
  • Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 35.0x.
    • Analysts are expecting annual earnings growth of 10.6%, which is higher than its past year's earnings decline of 4.2% per year.
  • Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 35.0x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting 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 Consulting 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.س586.002.4%
+ر.س1.1b
-42.9%PE21.8x
7202 Arabian Internet and Communication Servicesر.س222.001.0%
+ر.س261.9m
-21.3%PE17.6x
7200 Al Moammar Information Systemsر.س179.002.4%
+ر.س126.0m
37.7%PE55.9x
7204 Perfect Presentation for Commercial Servicesر.س7.011.3%
+ر.س29.7m
-41.3%PE17.2x
9637 Axelerated Solutions for Information and Communication Technologyر.س23.994.3%
+ر.س27.4m
n/aPE13x

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