Analyst Estimates: Here's What Brokers Think Of Arabian Internet and Communication Services Company (TADAWUL:7202) After Its Third-Quarter Report
Nov 08
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Saudi Arabian (Tadawul) IT Industry Analysis
UpdatedNov 08, 2025
DataAggregated Company Financials
Companies15
- 7D-11.2%
- 3M-10.3%
- 1Y-21.5%
- YTD-23.6%
Over the last 7 days, the IT industry has dropped 11%, driven by Elm declining 14%. Meanwhile, Edarat Communication and Information Technology actually outperformed within the industry, gaining 8.7% in the last week. However, the industry is down 21% over the past year. As for the next few years, earnings are expected to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Sat, 08 Nov 2025 | ر.س103.6b | ر.س26.1b | ر.س4.2b | 22.7x | 25x | 4x |
| Mon, 06 Oct 2025 | ر.س113.3b | ر.س25.1b | ر.س4.1b | 28.5x | 27.4x | 4.5x |
| Wed, 03 Sep 2025 | ر.س106.8b | ر.س25.0b | ر.س4.1b | 27.3x | 25.9x | 4.3x |
| Fri, 01 Aug 2025 | ر.س112.8b | ر.س24.4b | ر.س4.0b | 29.3x | 27.9x | 4.6x |
| Sun, 29 Jun 2025 | ر.س123.4b | ر.س24.4b | ر.س4.1b | 22.7x | 30.3x | 5.1x |
| Tue, 27 May 2025 | ر.س126.7b | ر.س23.7b | ر.س4.0b | 33.5x | 31.7x | 5.3x |
| Thu, 24 Apr 2025 | ر.س128.3b | ر.س23.3b | ر.س3.9b | 29.1x | 33.1x | 5.5x |
| Sat, 22 Mar 2025 | ر.س123.6b | ر.س23.4b | ر.س3.9b | 33.7x | 32.1x | 5.3x |
| Mon, 17 Feb 2025 | ر.س136.0b | ر.س22.0b | ر.س3.5b | 36.4x | 38.7x | 6.2x |
| Wed, 15 Jan 2025 | ر.س141.5b | ر.س22.0b | ر.س3.5b | 38.2x | 40.3x | 6.4x |
| Fri, 13 Dec 2024 | ر.س137.0b | ر.س22.0b | ر.س3.5b | 40.5x | 39x | 6.2x |
| Sun, 10 Nov 2024 | ر.س130.6b | ر.س22.1b | ر.س3.4b | 31.9x | 38x | 5.9x |
| Tue, 08 Oct 2024 | ر.س128.1b | ر.س21.7b | ر.س3.2b | 30x | 40.2x | 5.9x |
| Thu, 05 Sep 2024 | ر.س128.3b | ر.س21.7b | ر.س3.2b | 30x | 40.4x | 5.9x |
| Sat, 03 Aug 2024 | ر.س120.0b | ر.س21.3b | ر.س3.0b | 37.3x | 39.4x | 5.6x |
| Mon, 01 Jul 2024 | ر.س114.8b | ر.س21.2b | ر.س2.9b | 33.7x | 39.2x | 5.4x |
| Wed, 29 May 2024 | ر.س109.8b | ر.س21.0b | ر.س2.9b | 35.7x | 37.9x | 5.2x |
| Fri, 26 Apr 2024 | ر.س124.7b | ر.س20.6b | ر.س2.8b | 38.1x | 44.5x | 6x |
| Sun, 24 Mar 2024 | ر.س134.2b | ر.س20.5b | ر.س2.9b | 37.8x | 46.8x | 6.5x |
| Tue, 20 Feb 2024 | ر.س140.2b | ر.س19.7b | ر.س2.8b | 37.4x | 50.3x | 7.1x |
| Thu, 18 Jan 2024 | ر.س124.3b | ر.س19.7b | ر.س2.8b | 30.9x | 44.6x | 6.3x |
| Sat, 16 Dec 2023 | ر.س110.3b | ر.س19.7b | ر.س2.8b | 29.9x | 39.6x | 5.6x |
| Mon, 13 Nov 2023 | ر.س102.2b | ر.س19.5b | ر.س2.9b | 25.8x | 35.5x | 5.2x |
| Wed, 11 Oct 2023 | ر.س105.5b | ر.س18.4b | ر.س2.7b | 29.6x | 38.6x | 5.7x |
| Fri, 08 Sep 2023 | ر.س111.0b | ر.س18.4b | ر.س2.7b | 27.9x | 40.6x | 6x |
| Sun, 06 Aug 2023 | ر.س102.1b | ر.س17.1b | ر.س2.5b | 31.3x | 41.5x | 6x |
| Tue, 04 Jul 2023 | ر.س94.4b | ر.س17.1b | ر.س2.5b | 31x | 38.3x | 5.5x |
| Thu, 01 Jun 2023 | ر.س79.7b | ر.س16.8b | ر.س2.4b | 29.8x | 33x | 4.8x |
| Sat, 29 Apr 2023 | ر.س77.0b | ر.س16.1b | ر.س2.3b | 28.4x | 33.2x | 4.8x |
| Mon, 27 Mar 2023 | ر.س71.9b | ر.س16.0b | ر.س2.2b | 25.4x | 32.7x | 4.5x |
| Wed, 22 Feb 2023 | ر.س66.5b | ر.س15.8b | ر.س2.1b | 24x | 31.7x | 4.2x |
| Fri, 20 Jan 2023 | ر.س62.2b | ر.س15.8b | ر.س2.1b | 22.5x | 30x | 3.9x |
| Sun, 18 Dec 2022 | ر.س65.1b | ر.س15.7b | ر.س2.1b | 26.5x | 31.5x | 4.1x |
| Tue, 15 Nov 2022 | ر.س56.0b | ر.س14.7b | ر.س1.9b | 28.3x | 29x | 3.8x |
Price to Earnings Ratio
29x
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 25.0x which is lower than its 3-year average PE of 36.4x.
- The 3-year average PS ratio of 5.4x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 21% 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 | -1.54% | |
| Tech | -11.13% | |
| IT | -11.17% | |
| Data Processing Services | 0% | 0 |
| IT Consulting | -11.17% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 36.4x.
- Analysts are expecting annual earnings growth of 13.6%, which is higher than its past year's earnings growth of 8.3% per year.
- Investors are most pessimistic about the IT Consulting industry, which is trading below its 3-year average of 36.4x.
Forecasted Growth
- Analysts are most optimistic on the IT Consulting industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings growth rate of 8.3% per year.
- In contrast, the IT Consulting industry is expected to see its earnings grow by 14% 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 | |
|---|---|---|---|---|---|
| 9557 Edarat Communication and Information Technology | ر.س230.00 | 8.7% +ر.س93.1m | -3.3% | PE40.8x | |
| 9524 Advance International Company for Communication and Information Technology | ر.س2.80 | 19.1% +ر.س28.8m | -28.2% | PE115.8x | |
| 9538 Naseej for Technology | ر.س46.00 | 7.0% +ر.س15.0m | -30.3% | PE47.1x | |
| 9639 Anmat Technology for Trading | ر.س9.11 | 0.1% +ر.س430.0k | n/a | PE11.4x | |
| 9550 Sure Global Tech | ر.س60.00 | 0.08% +ر.س376.1k | -22.7% | PE14.4x |
