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Saudi Arabian (Tadawul) IT Industry Analysis
UpdatedAug 23, 2025
DataAggregated Company Financials
Companies15
- 7D-1.3%
- 3M-15.9%
- 1Y-17.0%
- YTD-19.6%
Over the last 7 days, the IT industry has dropped 1.3%, driven by a pullback from Elm of 2.2%. The industry has fallen 17% in the last year. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Aug 2025 | ر.س109.0b | ر.س25.0b | ر.س4.1b | 28.4x | 26.4x | 4.4x |
| Mon, 21 Jul 2025 | ر.س114.3b | ر.س24.4b | ر.س4.0b | 30.8x | 28.3x | 4.7x |
| Wed, 18 Jun 2025 | ر.س116.9b | ر.س24.3b | ر.س4.1b | 21.8x | 28.8x | 4.8x |
| Fri, 16 May 2025 | ر.س128.5b | ر.س23.3b | ر.س3.9b | 29.6x | 33.1x | 5.5x |
| Sun, 13 Apr 2025 | ر.س123.4b | ر.س23.3b | ر.س3.9b | 31.7x | 32x | 5.3x |
| Tue, 11 Mar 2025 | ر.س124.7b | ر.س23.4b | ر.س3.9b | 34.1x | 32.4x | 5.3x |
| Thu, 06 Feb 2025 | ر.س140.3b | ر.س22.0b | ر.س3.5b | 38.8x | 39.9x | 6.4x |
| Sat, 04 Jan 2025 | ر.س137.2b | ر.س22.0b | ر.س3.5b | 38.6x | 39x | 6.2x |
| Mon, 02 Dec 2024 | ر.س132.6b | ر.س22.0b | ر.س3.5b | 39x | 37.7x | 6x |
| Wed, 30 Oct 2024 | ر.س125.7b | ر.س21.8b | ر.س3.2b | 35x | 39.4x | 5.8x |
| Fri, 27 Sep 2024 | ر.س134.7b | ر.س21.7b | ر.س3.2b | 29.4x | 42.2x | 6.2x |
| Sun, 25 Aug 2024 | ر.س129.3b | ر.س21.7b | ر.س3.2b | 29.6x | 40.7x | 6x |
| Tue, 23 Jul 2024 | ر.س119.5b | ر.س21.2b | ر.س2.9b | 35.3x | 40.7x | 5.6x |
| Thu, 20 Jun 2024 | ر.س110.5b | ر.س21.2b | ر.س2.9b | 33.4x | 37.7x | 5.2x |
| Sat, 18 May 2024 | ر.س115.2b | ر.س20.8b | ر.س2.9b | 36x | 40.4x | 5.5x |
| Mon, 15 Apr 2024 | ر.س134.7b | ر.س20.6b | ر.س2.8b | 37.7x | 48.1x | 6.5x |
| Wed, 13 Mar 2024 | ر.س131.2b | ر.س20.5b | ر.س2.9b | 37.9x | 45.7x | 6.4x |
| Fri, 09 Feb 2024 | ر.س127.1b | ر.س19.7b | ر.س2.8b | 34.4x | 45.6x | 6.4x |
| Sun, 07 Jan 2024 | ر.س115.5b | ر.س19.7b | ر.س2.8b | 31x | 41.5x | 5.9x |
| Tue, 05 Dec 2023 | ر.س105.6b | ر.س19.7b | ر.س2.8b | 27.8x | 37.9x | 5.4x |
| Thu, 02 Nov 2023 | ر.س101.6b | ر.س18.4b | ر.س2.7b | 27x | 37.2x | 5.5x |
| Sat, 30 Sep 2023 | ر.س109.0b | ر.س18.4b | ر.س2.7b | 28.7x | 39.9x | 5.9x |
| Mon, 28 Aug 2023 | ر.س114.5b | ر.س18.3b | ر.س2.7b | 28.4x | 41.8x | 6.3x |
| Wed, 26 Jul 2023 | ر.س109.9b | ر.س17.1b | ر.س2.5b | 30.2x | 44.6x | 6.4x |
| Fri, 23 Jun 2023 | ر.س93.2b | ر.س17.1b | ر.س2.5b | 32.8x | 37.8x | 5.4x |
| Sun, 21 May 2023 | ر.س81.9b | ر.س16.8b | ر.س2.4b | 26.9x | 33.9x | 4.9x |
| Tue, 18 Apr 2023 | ر.س75.8b | ر.س16.1b | ر.س2.3b | 28.6x | 32.5x | 4.7x |
| Thu, 16 Mar 2023 | ر.س68.7b | ر.س16.0b | ر.س2.2b | 25.3x | 31.2x | 4.3x |
| Sat, 11 Feb 2023 | ر.س66.3b | ر.س15.8b | ر.س2.1b | 25.2x | 31.6x | 4.2x |
| Mon, 09 Jan 2023 | ر.س61.7b | ر.س15.7b | ر.س2.1b | 26x | 29.9x | 3.9x |
| Wed, 07 Dec 2022 | ر.س62.2b | ر.س15.7b | ر.س2.1b | 26.2x | 30.1x | 4x |
| Fri, 04 Nov 2022 | ر.س61.2b | ر.س14.6b | ر.س1.8b | 28.9x | 33.4x | 4.2x |
| Sun, 02 Oct 2022 | ر.س57.2b | ر.س14.3b | ر.س1.8b | 30.5x | 31.9x | 4x |
| Tue, 30 Aug 2022 | ر.س63.4b | ر.س14.3b | ر.س1.8b | 35.3x | 35.7x | 4.4x |
Price to Earnings Ratio
35.7x
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 26.4x which is lower than its 3-year average PE of 36.9x.
- The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.4x.
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 | -0.74% | |
| Tech | -1.32% | |
| IT | -1.33% | |
| Data Processing Services | 0% | 0 |
| IT Consulting | -1.33% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 36.9x.
- Analysts are expecting annual earnings growth of 13.0%, which is higher than its past year's earnings growth of 6.5% per year.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 36.9x.
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 6.5% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 7204 Perfect Presentation for Commercial Services | ر.س10.73 | 4.0% +ر.س123.0m | -30.5% | PE22.6x | |
| 7211 Saudi Azm for Communication and Information Technology | ر.س27.08 | 2.2% +ر.س34.8m | 14.7% | PE45.9x | |
| 7200 Al Moammar Information Systems | ر.س131.70 | 0.8% +ر.س33.0m | -22.2% | PE46.1x | |
| 9637 Axelerated Solutions for Information and Communication Technology | ر.س28.00 | 3.7% +ر.س28.0m | n/a | PE23.1x | |
| 9558 Alqemam for Computer Systems | ر.س75.95 | 4.1% +ر.س9.0m | -31.2% | PE24.6x |