Arabian Internet and Communication Services Company's (TADAWUL:7202) Business Is Trailing The Market But Its Shares Aren't
Dec 13
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Saudi Arabian (Tadawul) IT Consulting Industry Analysis
UpdatedDec 19, 2024
DataAggregated Company Financials
Companies13
- 7D-0.09%
- 3M5.5%
- 1Y24.1%
- YTDn/a
In the last week, IT Consulting has been flat. The past year has been better, since the industry has gained 21% in that time. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the Saudi Arabian IT Consulting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 19 Dec 2024 | ر.س137.2b | ر.س22.0b | ر.س3.5b | 39.2x | 39x | 6.2x |
| Sat, 16 Nov 2024 | ر.س132.3b | ر.س22.1b | ر.س3.4b | 30.8x | 38.5x | 6x |
| Mon, 14 Oct 2024 | ر.س131.5b | ر.س21.8b | ر.س3.2b | 28.5x | 41.2x | 6x |
| Wed, 11 Sep 2024 | ر.س127.9b | ر.س21.7b | ر.س3.2b | 30.2x | 40.2x | 5.9x |
| Fri, 09 Aug 2024 | ر.س117.1b | ر.س21.7b | ر.س3.2b | 33.4x | 37x | 5.4x |
| Sun, 07 Jul 2024 | ر.س113.1b | ر.س21.2b | ر.س2.9b | 33x | 38.5x | 5.3x |
| Tue, 04 Jun 2024 | ر.س113.4b | ر.س21.0b | ر.س2.9b | 36.4x | 39.1x | 5.4x |
| Thu, 02 May 2024 | ر.س124.5b | ر.س20.6b | ر.س2.8b | 39.3x | 44.5x | 6x |
| Sat, 30 Mar 2024 | ر.س132.7b | ر.س20.5b | ر.س2.9b | 37.2x | 46.2x | 6.5x |
| Mon, 26 Feb 2024 | ر.س135.8b | ر.س19.7b | ر.س2.8b | 38.1x | 48.8x | 6.9x |
| Wed, 24 Jan 2024 | ر.س122.9b | ر.س19.7b | ر.س2.8b | 30.8x | 44.1x | 6.2x |
| Fri, 22 Dec 2023 | ر.س111.8b | ر.س19.7b | ر.س2.8b | 29.6x | 40.1x | 5.7x |
| Sun, 19 Nov 2023 | ر.س103.9b | ر.س19.6b | ر.س2.9b | 26.4x | 36.1x | 5.3x |
| Tue, 17 Oct 2023 | ر.س102.9b | ر.س18.4b | ر.س2.7b | 28.9x | 37.7x | 5.6x |
| Thu, 14 Sep 2023 | ر.س106.9b | ر.س18.4b | ر.س2.7b | 27.2x | 39.1x | 5.8x |
| Sat, 12 Aug 2023 | ر.س103.0b | ر.س18.1b | ر.س2.7b | 30.8x | 38x | 5.7x |
| Mon, 10 Jul 2023 | ر.س94.7b | ر.س17.1b | ر.س2.5b | 29.7x | 38.5x | 5.5x |
| Wed, 07 Jun 2023 | ر.س91.0b | ر.س17.1b | ر.س2.5b | 29.4x | 37x | 5.3x |
| Fri, 05 May 2023 | ر.س76.1b | ر.س16.1b | ر.س2.3b | 27.7x | 32.8x | 4.7x |
| Sun, 02 Apr 2023 | ر.س72.6b | ر.س16.0b | ر.س2.2b | 26.1x | 33x | 4.5x |
| Tue, 28 Feb 2023 | ر.س67.0b | ر.س15.8b | ر.س2.1b | 24.2x | 31.9x | 4.2x |
| Thu, 26 Jan 2023 | ر.س62.6b | ر.س15.8b | ر.س2.1b | 22.1x | 30.1x | 4x |
| Sat, 24 Dec 2022 | ر.س61.8b | ر.س15.7b | ر.س2.1b | 24.9x | 29.9x | 3.9x |
| Mon, 21 Nov 2022 | ر.س58.2b | ر.س15.7b | ر.س2.1b | 26.5x | 28.2x | 3.7x |
| Wed, 19 Oct 2022 | ر.س61.3b | ر.س14.3b | ر.س1.8b | 32.6x | 34.2x | 4.3x |
| Fri, 16 Sep 2022 | ر.س64.1b | ر.س14.3b | ر.س1.8b | 33.9x | 36x | 4.5x |
| Sun, 14 Aug 2022 | ر.س55.4b | ر.س13.8b | ر.س1.7b | 36x | 33.2x | 4x |
| Tue, 12 Jul 2022 | ر.س48.8b | ر.س13.4b | ر.س1.6b | 31.2x | 29.7x | 3.6x |
| Thu, 09 Jun 2022 | ر.س51.7b | ر.س13.3b | ر.س1.6b | 35.7x | 31.8x | 3.9x |
| Sat, 07 May 2022 | ر.س54.3b | ر.س13.0b | ر.س1.5b | 36.2x | 35x | 4.2x |
| Mon, 04 Apr 2022 | ر.س46.2b | ر.س12.8b | ر.س1.5b | 32.5x | 31.1x | 3.6x |
| Wed, 02 Mar 2022 | ر.س28.0b | ر.س8.8b | ر.س905.0m | 40.6x | 30.9x | 3.2x |
| Fri, 28 Jan 2022 | ر.س28.3b | ر.س8.5b | ر.س864.1m | 42.4x | 32.7x | 3.3x |
| Sun, 26 Dec 2021 | ر.س25.3b | ر.س8.5b | ر.س864.1m | 38.1x | 29.2x | 3x |
Price to Earnings Ratio
29.2x
Current Industry PE
- Investors are relatively neutral on the Saudi IT Consulting and Other Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 36.5x.
- The 3-year average PS ratio of 4.9x is lower than the industry's current PS ratio of 6.2x.
Past Earnings Growth
- The earnings for companies in the IT Consulting and Other Services industry have grown 60% per year over the last three years.
- Revenues for these companies have grown 38% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Saudi Arabian IT Consulting compare with similar industries?
| SA Market | -1.06% | |
| Tech | -0.095% | |
| IT | -0.086% | |
| IT Consulting | -0.086% | |
| Internet Services and Infrastructure | 0% | |
| Data Processing Services | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9534 Saudi Azm for Communication and Information Technology | ر.س32.00 | 6.7% +ر.س120.0m | 200.2% | PE68.7x | |
| 9557 Edarat Communication and Information Technology | ر.س655.00 | 2.2% +ر.س35.2m | 274.3% | PE79.7x | |
| 9550 Sure Global Tech | ر.س90.00 | 1.8% +ر.س12.1m | 133.8% | PE23.5x |
