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Saudi Arabian (Tadawul) IT Consulting Industry Analysis

UpdatedFeb 08, 2023
DataAggregated Company Financials
Companies11
  • 7D2.7%
  • 3M9.7%
  • 1Y16.9%
  • YTD7.8%

Over the last 7 days, the IT Consulting industry has risen 1.7%, driven by gains from Elm of 5.9%. This takes the industry's 12 month performance to a gain of 14%. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the Saudi Arabian IT Consulting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 08 Feb 2023ر.س66.9bر.س15.8bر.س2.1b23.5x31.9x4.2x
Fri, 06 Jan 2023ر.س61.0bر.س15.7bر.س2.1b25.9x29.5x3.9x
Sun, 04 Dec 2022ر.س62.3bر.س15.7bر.س2.1b25.9x30.2x4x
Tue, 01 Nov 2022ر.س59.5bر.س14.3bر.س1.8b29.6x33.2x4.2x
Thu, 29 Sep 2022ر.س56.4bر.س14.3bر.س1.8b31.1x31.6x3.9x
Sat, 27 Aug 2022ر.س62.5bر.س14.3bر.س1.8b34.7x35.1x4.4x
Mon, 25 Jul 2022ر.س54.0bر.س13.4bر.س1.6b34.7x32.8x4x
Wed, 22 Jun 2022ر.س46.9bر.س13.5bر.س1.6b35.2x28.7x3.5x
Fri, 20 May 2022ر.س50.8bر.س13.3bر.س1.6b30.9x31.2x3.8x
Sun, 17 Apr 2022ر.س47.3bر.س12.4bر.س1.5b31.6x32.1x3.8x
Tue, 15 Mar 2022ر.س27.9bر.س8.9bر.س920.5m28.8x30.3x3.1x
Thu, 10 Feb 2022ر.س28.2bر.س8.5bر.س864.1m42.7x32.6x3.3x
Sat, 08 Jan 2022ر.س26.7bر.س8.5bر.س864.1m41.8x30.9x3.2x
Mon, 06 Dec 2021ر.س26.4bر.س8.5bر.س864.1m40.5x30.5x3.1x
Wed, 03 Nov 2021ر.س28.0bر.س8.5bر.س864.1mn/a32.4x3.3x
Fri, 01 Oct 2021ر.س4.2bر.س940.4mر.س75.5m55.4x55.4x4.5x
Sun, 29 Aug 2021ر.س4.3bر.س940.4mر.س75.5m56.9x56.9x4.6x
Mon, 05 Jul 2021ر.س3.2bر.س940.4mر.س75.5m42x42x3.4x
Thu, 08 Apr 2021ر.س3.0bر.س1.0bر.س89.5m33.5x33.5x3x
Sun, 10 Jan 2021ر.س1.9bر.س1.0bر.س90.4m21.3x21.3x1.9x
Sat, 03 Oct 2020ر.س1.3bر.س1.1bر.س100.7m13x13x1.2x
Tue, 07 Jul 2020ر.س922.0mر.س1.1bر.س92.6m10x10x0.8x
Fri, 10 Apr 2020ر.س726.4mر.س1.0bر.س81.2m8.9x8.9x0.7x
Price to Earnings Ratio

11.6x


Total Market Cap: ر.س880.0mTotal Earnings: ر.س76.0mTotal Revenue: ر.س997.5mTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian IT Consulting Industry Price to Earnings3Y Average 27.3x202120222023
Current Industry PE
  • Investors are optimistic on the Saudi IT Consulting and Other Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 31.2x which is higher than its 3-year average PE of 27.3x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
  • The earnings for companies in the IT Consulting and Other Services industry have grown 202% per year over the last three years.
  • Revenues for these companies have grown 151% 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-2.60%
Tech2.66%
IT2.73%
IT Consulting2.73%
Internet Services and Infrastructure0%
Data Processing Services0%
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?

CompanyLast Price7D1YValuation
7203 Elmر.س377.005.9%
+ر.س1.6b
n/aPE35.3x
7202 Arabian Internet and Communications Servicesر.س255.000.7%
+ر.س213.8m
25.6%PE31.2x
9524 Advance International Company for Communication and Information Technologyر.س70.2023.8%
+ر.س33.8m
-56.6%PE27.3x
9534 Saudi Azm for Communication and Information Technologyر.س184.005.1%
+ر.س27.0m
n/aPE28.9x
9557 Edarat Communication and Information Technologyر.س304.200.2%
+ر.س378.0k
n/aPE16.1x
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9538

ر.س71.00

Naseej for Technology

7D

-1.4%

1Y

n/a

7200

ر.س92.70

Al Moammar Information Systems

7D

-3.0%

1Y

-29.0%

9534

ر.س184.00

Saudi Azm for Communication and Information Technology

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5.1%

1Y

n/a

9557

ر.س304.20

Edarat Communication and Information Technology

7D

0.2%

1Y

n/a

7204

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1Y

n/a

9543

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Saudi Networkers Services

7D

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1Y

n/a