Many Still Looking Away From Perfect Presentation for Commercial Services Company (TADAWUL:7204)
Dec 19
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- 7D-1.7%
- 3M-26.3%
- 1Y-40.4%
- YTD-23.5%
Over the last 7 days, the IT industry has dropped 1.7%, driven by a pullback from Elm of 1.5%. In contrast, Alqemam for Computer Systems has gained 32%. However, the industry is down 40% over the past year. As for the next few years, earnings are expected to grow by 11% per annum.
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 |
|---|---|---|---|---|---|---|
| Sun, 15 Mar 2026 | ر.س75.8b | ر.س27.2b | ر.س4.1b | 15.7x | 18.5x | 2.8x |
| Tue, 10 Feb 2026 | ر.س94.0b | ر.س26.3b | ر.س4.2b | 19.5x | 22.4x | 3.6x |
| Thu, 08 Jan 2026 | ر.س97.2b | ر.س26.3b | ر.س4.2b | 25x | 23.2x | 3.7x |
| Sat, 06 Dec 2025 | ر.س101.0b | ر.س26.1b | ر.س4.2b | 25x | 24.3x | 3.9x |
| Mon, 03 Nov 2025 | ر.س115.1b | ر.س25.1b | ر.س4.1b | 24.7x | 27.8x | 4.6x |
| Wed, 01 Oct 2025 | ر.س113.5b | ر.س25.1b | ر.س4.1b | 28.4x | 27.5x | 4.5x |
| Fri, 29 Aug 2025 | ر.س109.0b | ر.س25.0b | ر.س4.1b | 27.8x | 26.4x | 4.4x |
| Sun, 27 Jul 2025 | ر.س114.8b | ر.س24.4b | ر.س4.0b | 30.5x | 28.4x | 4.7x |
| Tue, 24 Jun 2025 | ر.س115.1b | ر.س24.3b | ر.س4.1b | 22x | 28.3x | 4.7x |
| Thu, 22 May 2025 | ر.س129.4b | ر.س23.6b | ر.س4.0b | 29.5x | 32.1x | 5.5x |
| Sat, 19 Apr 2025 | ر.س125.2b | ر.س23.3b | ر.س3.9b | 29.7x | 32.3x | 5.4x |
| Mon, 17 Mar 2025 | ر.س124.9b | ر.س23.4b | ر.س3.9b | 34.2x | 32.4x | 5.3x |
| Wed, 12 Feb 2025 | ر.س138.8b | ر.س22.0b | ر.س3.5b | 37x | 39.5x | 6.3x |
| Fri, 10 Jan 2025 | ر.س139.6b | ر.س22.0b | ر.س3.5b | 38.2x | 39.7x | 6.3x |
| Sun, 08 Dec 2024 | ر.س136.9b | ر.س22.0b | ر.س3.5b | 39.5x | 39x | 6.2x |
| Tue, 05 Nov 2024 | ر.س133.2b | ر.س21.7b | ر.س3.3b | 33x | 40.8x | 6.1x |
| Thu, 03 Oct 2024 | ر.س139.7b | ر.س21.7b | ر.س3.2b | 29x | 43.8x | 6.4x |
| Sat, 31 Aug 2024 | ر.س127.1b | ر.س21.7b | ر.س3.2b | 29.7x | 40x | 5.9x |
| Mon, 29 Jul 2024 | ر.س119.2b | ر.س21.2b | ر.س2.9b | 36.8x | 40.6x | 5.6x |
| Wed, 26 Jun 2024 | ر.س112.0b | ر.س21.2b | ر.س2.9b | 27.3x | 38.2x | 5.3x |
| Fri, 24 May 2024 | ر.س111.5b | ر.س21.0b | ر.س2.9b | 34.5x | 38.4x | 5.3x |
| Sun, 21 Apr 2024 | ر.س126.0b | ر.س20.6b | ر.س2.8b | 38x | 45x | 6.1x |
| Tue, 19 Mar 2024 | ر.س136.4b | ر.س20.5b | ر.س2.9b | 38x | 47.5x | 6.6x |
| Thu, 15 Feb 2024 | ر.س137.8b | ر.س19.7b | ر.س2.8b | 36.2x | 49.5x | 7x |
| Sat, 13 Jan 2024 | ر.س124.7b | ر.س19.7b | ر.س2.8b | 31.9x | 44.8x | 6.3x |
| Mon, 11 Dec 2023 | ر.س109.2b | ر.س19.7b | ر.س2.8b | 28.2x | 39.2x | 5.5x |
| Wed, 08 Nov 2023 | ر.س102.6b | ر.س19.5b | ر.س2.9b | 27.4x | 35.6x | 5.3x |
| Fri, 06 Oct 2023 | ر.س107.0b | ر.س18.4b | ر.س2.7b | 27.8x | 39.2x | 5.8x |
| Sun, 03 Sep 2023 | ر.س119.4b | ر.س18.4b | ر.س2.7b | 28.9x | 43.7x | 6.5x |
| Tue, 01 Aug 2023 | ر.س107.3b | ر.س17.1b | ر.س2.5b | 30.7x | 43.6x | 6.3x |
| Thu, 29 Jun 2023 | ر.س94.3b | ر.س17.1b | ر.س2.5b | 32.5x | 38.3x | 5.5x |
| Sat, 27 May 2023 | ر.س80.4b | ر.س16.8b | ر.س2.4b | 30x | 33.3x | 4.8x |
| Mon, 24 Apr 2023 | ر.س76.0b | ر.س16.1b | ر.س2.3b | 28.7x | 32.7x | 4.7x |
| Wed, 22 Mar 2023 | ر.س70.5b | ر.س16.0b | ر.س2.2b | 23.7x | 32x | 4.4x |
Price to Earnings Ratio
32x
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 18.5x which is lower than its 3-year average PE of 35.6x.
- The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 23% 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 Market | 2.75% | |
| Tech | -1.71% | |
| IT | -1.68% | |
| Data Processing Services | 0% | 0 |
| IT Consulting | -1.68% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 35.6x.
- Analysts are expecting annual earnings growth of 11.2%, which is higher than its past year's earnings growth of 2.9% per year.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 35.6x.
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 growth rate of 2.9% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9558 Alqemam for Computer Systems | ر.س51.95 | 29.2% +ر.س35.3m | -53.1% | PE16.9x | |
| 9524 Advance International Company for Communication and Information Technology | ر.س1.78 | 27.1% +ر.س24.3m | -53.8% | PS3.3x | |
| 9557 Edarat Communication and Information Technology | ر.س345.00 | 1.2% +ر.س21.1m | 21.1% | PE47.8x | |
| 9614 Purity for Information Technology | ر.س23.04 | 0.5% +ر.س1.8m | 10.2% | PE89.1x |