Saudi Azm for Communication and Information Technology Company (TADAWUL:9534) Not Flying Under The Radar
Jul 01
Have your own idea? Try our Stock Screener
Saudi Arabian (Tadawul) IT Industry Analysis
UpdatedJul 06, 2025
DataAggregated Company Financials
Companies15
- 7D-2.7%
- 3M2.9%
- 1Y4.8%
- YTD-11.4%
Over the last 7 days, the IT industry has dropped 2.7%, driven by Elm declining 4.5%. In contrast, Sure Global Tech has gained 6.4%. This takes the industry's 12 month performance to a gain of 4.8%. Earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Saudi Arabian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 07 Jul 2025 | ر.س120.1b | ر.س24.4b | ر.س4.1b | 25.8x | 29.6x | 4.9x |
| Wed, 04 Jun 2025 | ر.س123.7b | ر.س23.7b | ر.س4.0b | 32.4x | 31x | 5.2x |
| Fri, 02 May 2025 | ر.س126.0b | ر.س23.3b | ر.س3.9b | 29.4x | 32.5x | 5.4x |
| Sun, 30 Mar 2025 | ر.س125.3b | ر.س23.4b | ر.س3.9b | 33.1x | 32.5x | 5.4x |
| Tue, 25 Feb 2025 | ر.س136.8b | ر.س22.9b | ر.س3.7b | 35.9x | 37.2x | 6x |
| Thu, 23 Jan 2025 | ر.س142.1b | ر.س22.0b | ر.س3.5b | 39x | 40.4x | 6.4x |
| Sat, 21 Dec 2024 | ر.س135.9b | ر.س22.0b | ر.س3.5b | 38.2x | 38.7x | 6.2x |
| Mon, 18 Nov 2024 | ر.س135.9b | ر.س22.1b | ر.س3.4b | 31.6x | 39.6x | 6.1x |
| Wed, 16 Oct 2024 | ر.س129.5b | ر.س21.8b | ر.س3.2b | 29.8x | 40.6x | 6x |
| Fri, 13 Sep 2024 | ر.س126.1b | ر.س21.7b | ر.س3.2b | 30x | 39.6x | 5.8x |
| Sun, 11 Aug 2024 | ر.س117.1b | ر.س21.7b | ر.س3.2b | 27.5x | 36.7x | 5.4x |
| Tue, 09 Jul 2024 | ر.س111.4b | ر.س21.2b | ر.س2.9b | 31.7x | 38x | 5.2x |
| Thu, 06 Jun 2024 | ر.س111.6b | ر.س21.0b | ر.س2.9b | 35x | 38.5x | 5.3x |
| Sat, 04 May 2024 | ر.س127.2b | ر.س20.6b | ر.س2.8b | 39.5x | 45.4x | 6.2x |
| Mon, 01 Apr 2024 | ر.س132.7b | ر.س20.5b | ر.س2.9b | 37.5x | 46.2x | 6.5x |
| Wed, 28 Feb 2024 | ر.س134.2b | ر.س19.7b | ر.س2.8b | 38.4x | 48.2x | 6.8x |
| Fri, 26 Jan 2024 | ر.س122.6b | ر.س19.7b | ر.س2.8b | 31.7x | 44x | 6.2x |
| Sun, 24 Dec 2023 | ر.س111.8b | ر.س19.7b | ر.س2.8b | 29.6x | 40.1x | 5.7x |
| Tue, 21 Nov 2023 | ر.س104.2b | ر.س19.7b | ر.س2.8b | 29.5x | 37.4x | 5.3x |
| Thu, 19 Oct 2023 | ر.س106.2b | ر.س18.4b | ر.س2.7b | 28.4x | 38.9x | 5.8x |
| Sat, 16 Sep 2023 | ر.س104.8b | ر.س18.4b | ر.س2.7b | 26.7x | 38.4x | 5.7x |
| Mon, 14 Aug 2023 | ر.س103.0b | ر.س18.1b | ر.س2.7b | 30.5x | 38x | 5.7x |
| Wed, 12 Jul 2023 | ر.س98.8b | ر.س17.1b | ر.س2.5b | 29.6x | 40.1x | 5.8x |
| Fri, 09 Jun 2023 | ر.س90.1b | ر.س17.1b | ر.س2.5b | 30.8x | 36.6x | 5.3x |
| Sun, 07 May 2023 | ر.س75.9b | ر.س16.1b | ر.س2.3b | 27.7x | 32.7x | 4.7x |
| Tue, 04 Apr 2023 | ر.س75.5b | ر.س16.0b | ر.س2.2b | 26.1x | 34.3x | 4.7x |
| Thu, 02 Mar 2023 | ر.س66.1b | ر.س15.8b | ر.س2.1b | 24.6x | 31.5x | 4.2x |
| Sat, 28 Jan 2023 | ر.س62.7b | ر.س15.8b | ر.س2.1b | 22.6x | 30.2x | 4x |
| Mon, 26 Dec 2022 | ر.س61.0b | ر.س15.7b | ر.س2.1b | 25.8x | 29.5x | 3.9x |
| Wed, 23 Nov 2022 | ر.س59.3b | ر.س15.7b | ر.س2.1b | 27.2x | 28.7x | 3.8x |
| Fri, 21 Oct 2022 | ر.س61.8b | ر.س14.3b | ر.س1.8b | 30.5x | 34.5x | 4.3x |
| Sun, 18 Sep 2022 | ر.س61.7b | ر.س14.3b | ر.س1.8b | 33.9x | 34.6x | 4.3x |
| Tue, 16 Aug 2022 | ر.س55.6b | ر.س13.8b | ر.س1.7b | 35.3x | 33.3x | 4x |
| Thu, 14 Jul 2022 | ر.س49.3b | ر.س13.4b | ر.س1.6b | 31.3x | 30x | 3.7x |
Price to Earnings Ratio
30x
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 29.7x which is lower than its 3-year average PE of 37.1x.
- The industry is trading close to its 3-year average PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 22% 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 | 1.79% | |
| Tech | -2.63% | |
| IT | -2.65% | |
| Data Processing Services | 0% | 0 |
| IT Consulting | -2.65% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 37.1x.
- Analysts are expecting annual earnings growth of 12.3%, which is lower than the prior year's growth of 20.8% per year.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 37.1x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 21% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9550 Sure Global Tech | ر.س83.00 | 6.4% +ر.س37.6m | -1.2% | PE18.7x | |
| 7204 Perfect Presentation for Commercial Services | ر.س11.52 | 1.0% +ر.س33.0m | -17.5% | PE20.8x | |
| 9538 Naseej for Technology | ر.س49.00 | 6.5% +ر.س15.0m | -15.2% | PE24.5x | |
| 7200 Al Moammar Information Systems | ر.س135.60 | 0.1% +ر.س6.0m | -19.3% | PE47.8x | |
| 9543 Saudi Networkers Services | ر.س70.95 | 1.4% +ر.س5.7m | -5.4% | PE11.9x |
