Header cover image

Saudi Arabian (Tadawul) IT Industry Analysis

UpdatedSep 12, 2025
DataAggregated Company Financials
Companies15
  • 7D-2.3%
  • 3M-10.2%
  • 1Y-17.4%
  • YTD-22.2%

Over the last 7 days, the IT industry has dropped 2.3%, driven by declines 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.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Sep 2025ر.س105.8bر.س25.1bر.س4.1b26.8x25.6x4.2x
Mon, 11 Aug 2025ر.س115.6bر.س25.0bر.س4.1b28.7x27.9x4.6x
Wed, 09 Jul 2025ر.س121.0bر.س24.4bر.س4.1b25.6x29.8x5x
Fri, 06 Jun 2025ر.س124.7bر.س23.7bر.س4.0b32.5x31.2x5.3x
Sun, 04 May 2025ر.س126.0bر.س23.3bر.س3.9b29.4x32.5x5.4x
Tue, 01 Apr 2025ر.س125.3bر.س23.4bر.س3.9b33.1x32.5x5.4x
Thu, 27 Feb 2025ر.س137.0bر.س22.9bر.س3.7b34.8x37.2x6x
Sat, 25 Jan 2025ر.س140.1bر.س22.0bر.س3.5b38.8x39.9x6.4x
Mon, 23 Dec 2024ر.س135.2bر.س22.0bر.س3.5b38.4x38.5x6.1x
Wed, 20 Nov 2024ر.س132.4bر.س22.1bر.س3.4b32.9x38.5x6x
Fri, 18 Oct 2024ر.س128.5bر.س21.8bر.س3.2b29.8x40.3x5.9x
Sun, 15 Sep 2024ر.س125.7bر.س21.7bر.س3.2b30x39.4x5.8x
Tue, 13 Aug 2024ر.س121.2bر.س21.7bر.س3.2b27.8x38x5.6x
Thu, 11 Jul 2024ر.س113.7bر.س21.2bر.س2.9b32x38.7x5.4x
Sat, 08 Jun 2024ر.س109.4bر.س21.0bر.س2.9b34.9x37.7x5.2x
Mon, 06 May 2024ر.س127.2bر.س20.6bر.س2.8b39.6x45.4x6.2x
Wed, 03 Apr 2024ر.س130.1bر.س20.5bر.س2.9b36.8x45.3x6.3x
Fri, 01 Mar 2024ر.س139.0bر.س20.2bر.س2.8b37.6x50.5x6.9x
Sun, 28 Jan 2024ر.س122.6bر.س19.7bر.س2.8b31.7x44x6.2x
Tue, 26 Dec 2023ر.س114.7bر.س19.7bر.س2.8b30.6x41.2x5.8x
Thu, 23 Nov 2023ر.س104.7bر.س19.7bر.س2.8b29.7x37.6x5.3x
Sat, 21 Oct 2023ر.س103.8bر.س18.4bر.س2.7b29x38x5.6x
Mon, 18 Sep 2023ر.س104.5bر.س18.4bر.س2.7b27.8x38.3x5.7x
Wed, 16 Aug 2023ر.س106.2bر.س18.1bر.س2.7b29.9x39.3x5.9x
Fri, 14 Jul 2023ر.س106.6bر.س17.1bر.س2.5b28.9x43.3x6.2x
Sun, 11 Jun 2023ر.س94.0bر.س17.1bر.س2.5b30.8x38.2x5.5x
Tue, 09 May 2023ر.س76.8bر.س16.1bر.س2.3b27.9x33.1x4.8x
Thu, 06 Apr 2023ر.س77.2bر.س16.0bر.س2.2b26x35.1x4.8x
Sat, 04 Mar 2023ر.س65.2bر.س15.8bر.س2.1b24.2x31.1x4.1x
Mon, 30 Jan 2023ر.س62.7bر.س15.8bر.س2.1b22x30.2x4x
Wed, 28 Dec 2022ر.س62.5bر.س15.7bر.س2.1b26.4x30.2x4x
Fri, 25 Nov 2022ر.س59.3bر.س15.7bر.س2.1b26.4x28.7x3.8x
Sun, 23 Oct 2022ر.س61.2bر.س14.3bر.س1.8b30.5x34.2x4.3x
Tue, 20 Sep 2022ر.س57.0bر.س14.3bر.س1.8b32x31.9x4x
Price to Earnings Ratio

31.9x


Total Market Cap: ر.س57.0bTotal Earnings: ر.س1.8bTotal Revenue: ر.س14.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian IT Industry Price to Earnings3Y Average 36.7x202320242025
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 25.6x which is lower than its 3-year average PE of 36.7x.
  • 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 IT industry have grown 32% 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 industry?

SA Market-2.05%
Tech-2.27%
IT-2.26%
Data Processing Services0%0
IT Consulting-2.26%
Industry PE
  • Investors are most optimistic about the IT Consulting 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.
  • Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 36.7x.
Forecasted Growth
  • Analysts are most optimistic on the IT Consulting 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 Consulting 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

Latest News