Here's What Arabian Internet and Communications Services' (TADAWUL:7202) Strong Returns On Capital Mean
Feb 03
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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 Feb 2023 | ر.س66.9b | ر.س15.8b | ر.س2.1b | 23.5x | 31.9x | 4.2x |
| Fri, 06 Jan 2023 | ر.س61.0b | ر.س15.7b | ر.س2.1b | 25.9x | 29.5x | 3.9x |
| Sun, 04 Dec 2022 | ر.س62.3b | ر.س15.7b | ر.س2.1b | 25.9x | 30.2x | 4x |
| Tue, 01 Nov 2022 | ر.س59.5b | ر.س14.3b | ر.س1.8b | 29.6x | 33.2x | 4.2x |
| Thu, 29 Sep 2022 | ر.س56.4b | ر.س14.3b | ر.س1.8b | 31.1x | 31.6x | 3.9x |
| Sat, 27 Aug 2022 | ر.س62.5b | ر.س14.3b | ر.س1.8b | 34.7x | 35.1x | 4.4x |
| Mon, 25 Jul 2022 | ر.س54.0b | ر.س13.4b | ر.س1.6b | 34.7x | 32.8x | 4x |
| Wed, 22 Jun 2022 | ر.س46.9b | ر.س13.5b | ر.س1.6b | 35.2x | 28.7x | 3.5x |
| Fri, 20 May 2022 | ر.س50.8b | ر.س13.3b | ر.س1.6b | 30.9x | 31.2x | 3.8x |
| Sun, 17 Apr 2022 | ر.س47.3b | ر.س12.4b | ر.س1.5b | 31.6x | 32.1x | 3.8x |
| Tue, 15 Mar 2022 | ر.س27.9b | ر.س8.9b | ر.س920.5m | 28.8x | 30.3x | 3.1x |
| Thu, 10 Feb 2022 | ر.س28.2b | ر.س8.5b | ر.س864.1m | 42.7x | 32.6x | 3.3x |
| Sat, 08 Jan 2022 | ر.س26.7b | ر.س8.5b | ر.س864.1m | 41.8x | 30.9x | 3.2x |
| Mon, 06 Dec 2021 | ر.س26.4b | ر.س8.5b | ر.س864.1m | 40.5x | 30.5x | 3.1x |
| Wed, 03 Nov 2021 | ر.س28.0b | ر.س8.5b | ر.س864.1m | n/a | 32.4x | 3.3x |
| Fri, 01 Oct 2021 | ر.س4.2b | ر.س940.4m | ر.س75.5m | 55.4x | 55.4x | 4.5x |
| Sun, 29 Aug 2021 | ر.س4.3b | ر.س940.4m | ر.س75.5m | 56.9x | 56.9x | 4.6x |
| Mon, 05 Jul 2021 | ر.س3.2b | ر.س940.4m | ر.س75.5m | 42x | 42x | 3.4x |
| Thu, 08 Apr 2021 | ر.س3.0b | ر.س1.0b | ر.س89.5m | 33.5x | 33.5x | 3x |
| Sun, 10 Jan 2021 | ر.س1.9b | ر.س1.0b | ر.س90.4m | 21.3x | 21.3x | 1.9x |
| Sat, 03 Oct 2020 | ر.س1.3b | ر.س1.1b | ر.س100.7m | 13x | 13x | 1.2x |
| Tue, 07 Jul 2020 | ر.س922.0m | ر.س1.1b | ر.س92.6m | 10x | 10x | 0.8x |
| Fri, 10 Apr 2020 | ر.س726.4m | ر.س1.0b | ر.س81.2m | 8.9x | 8.9x | 0.7x |
Price to Earnings Ratio
11.6x
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% | |
| Tech | 2.66% | |
| IT | 2.73% | |
| IT Consulting | 2.73% | |
| 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 | |
|---|---|---|---|---|---|
| 7203 Elm | ر.س377.00 | 5.9% +ر.س1.6b | n/a | PE35.3x | |
| 7202 Arabian Internet and Communications Services | ر.س255.00 | 0.7% +ر.س213.8m | 25.6% | PE31.2x | |
| 9524 Advance International Company for Communication and Information Technology | ر.س70.20 | 23.8% +ر.س33.8m | -56.6% | PE27.3x | |
| 9534 Saudi Azm for Communication and Information Technology | ر.س184.00 | 5.1% +ر.س27.0m | n/a | PE28.9x | |
| 9557 Edarat Communication and Information Technology | ر.س304.20 | 0.2% +ر.س378.0k | n/a | PE16.1x |
