Many Still Looking Away From Perfect Presentation for Commercial Services Company (TADAWUL:7204)
Dec 19
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- 7D-1.3%
- 3M-22.4%
- 1Y-39.3%
- YTD-22.4%
Over the last 7 days, the IT industry has dropped 1.3%, driven by Elm declining 3.4%. Overall the industry is down 39% in 12 months. Earnings are forecast to grow by 11% annually.
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, 04 Apr 2026 | ر.س76.9b | ر.س27.2b | ر.س4.1b | 17.5x | 18.8x | 2.8x |
| Mon, 02 Mar 2026 | ر.س78.6b | ر.س26.5b | ر.س4.1b | 14.7x | 19x | 3x |
| Wed, 28 Jan 2026 | ر.س103.1b | ر.س26.3b | ر.س4.2b | 22.6x | 24.6x | 3.9x |
| Fri, 26 Dec 2025 | ر.س97.8b | ر.س26.3b | ر.س4.2b | 25x | 23.4x | 3.7x |
| Sun, 23 Nov 2025 | ر.س102.9b | ر.س26.1b | ر.س4.2b | 25x | 24.8x | 3.9x |
| Tue, 21 Oct 2025 | ر.س117.3b | ر.س25.1b | ر.س4.1b | 22.3x | 28.4x | 4.7x |
| Thu, 18 Sep 2025 | ر.س109.4b | ر.س25.1b | ر.س4.1b | 27.5x | 26.5x | 4.4x |
| Sat, 16 Aug 2025 | ر.س110.4b | ر.س24.9b | ر.س4.1b | 28.3x | 26.6x | 4.4x |
| Mon, 14 Jul 2025 | ر.س119.5b | ر.س24.4b | ر.س4.0b | 32x | 29.5x | 4.9x |
| Wed, 11 Jun 2025 | ر.س124.7b | ر.س24.1b | ر.س4.0b | 24.5x | 31x | 5.2x |
| Fri, 09 May 2025 | ر.س125.8b | ر.س23.3b | ر.س3.9b | 29.2x | 32.4x | 5.4x |
| Sun, 06 Apr 2025 | ر.س124.7b | ر.س23.3b | ر.س3.9b | 33.2x | 32.3x | 5.3x |
| Tue, 04 Mar 2025 | ر.س135.4b | ر.س22.9b | ر.س3.7b | 34x | 36.8x | 5.9x |
| Thu, 30 Jan 2025 | ر.س143.8b | ر.س22.0b | ر.س3.5b | 37.4x | 40.9x | 6.5x |
| Sat, 28 Dec 2024 | ر.س135.2b | ر.س22.0b | ر.س3.5b | 38.6x | 38.5x | 6.1x |
| Mon, 25 Nov 2024 | ر.س132.5b | ر.س22.1b | ر.س3.4b | 33.5x | 38.6x | 6x |
| Wed, 23 Oct 2024 | ر.س126.2b | ر.س21.8b | ر.س3.2b | 29.9x | 39.6x | 5.8x |
| Fri, 20 Sep 2024 | ر.س129.7b | ر.س21.7b | ر.س3.2b | 30x | 40.7x | 6x |
| Sun, 18 Aug 2024 | ر.س126.2b | ر.س21.7b | ر.س3.2b | 28.7x | 39.6x | 5.8x |
| Tue, 16 Jul 2024 | ر.س118.0b | ر.س21.2b | ر.س2.9b | 32.9x | 40.2x | 5.6x |
| Thu, 13 Jun 2024 | ر.س114.0b | ر.س21.0b | ر.س2.9b | 35.7x | 39.2x | 5.4x |
| Sat, 11 May 2024 | ر.س123.7b | ر.س20.6b | ر.س2.8b | 38.8x | 44.1x | 6x |
| Mon, 08 Apr 2024 | ر.س134.7b | ر.س20.6b | ر.س2.8b | 37.8x | 48.1x | 6.5x |
| Wed, 06 Mar 2024 | ر.س139.3b | ر.س20.2b | ر.س2.8b | 36.2x | 50.5x | 6.9x |
| Fri, 02 Feb 2024 | ر.س122.9b | ر.س19.7b | ر.س2.8b | 33x | 44.1x | 6.2x |
| Sun, 31 Dec 2023 | ر.س114.7b | ر.س19.7b | ر.س2.8b | 29.9x | 41.2x | 5.8x |
| Tue, 28 Nov 2023 | ر.س106.6b | ر.س19.7b | ر.س2.8b | 27.5x | 38.3x | 5.4x |
| Thu, 26 Oct 2023 | ر.س100.2b | ر.س18.4b | ر.س2.7b | 26.6x | 36.7x | 5.5x |
| Sat, 23 Sep 2023 | ر.س101.2b | ر.س18.4b | ر.س2.7b | 28.1x | 37.1x | 5.5x |
| Mon, 21 Aug 2023 | ر.س105.4b | ر.س18.1b | ر.س2.7b | 29.8x | 38.9x | 5.8x |
| Wed, 19 Jul 2023 | ر.س104.5b | ر.س17.1b | ر.س2.5b | 30.5x | 42.4x | 6.1x |
| Fri, 16 Jun 2023 | ر.س94.9b | ر.س17.1b | ر.س2.5b | 30.9x | 38.5x | 5.5x |
| Sun, 14 May 2023 | ر.س80.8b | ر.س16.1b | ر.س2.3b | 27.3x | 34.8x | 5x |
| Tue, 11 Apr 2023 | ر.س75.2b | ر.س15.9b | ر.س2.3b | 28.3x | 32.9x | 4.7x |
Price to Earnings Ratio
32.9x
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 18.8x which is lower than its 3-year average PE of 35.3x.
- 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 21% per year over the last three years.
- Revenues for these companies have grown 20% 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 | 2.02% | |
| Tech | -1.30% | |
| IT | -1.28% | |
| Data Processing Services | 0% | 0 |
| IT Consulting | -1.28% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry even though it's trading below its 3-year average PE ratio of 35.3x.
- Analysts are expecting annual earnings growth of 11.1%, 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 35.3x.
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 | |
|---|---|---|---|---|---|
| 7202 Arabian Internet and Communication Services | ر.س197.00 | 2.7% +ر.س607.1m | -35.7% | PE15.6x | |
| 9557 Edarat Communication and Information Technology | ر.س360.00 | 2.6% +ر.س45.3m | 24.7% | PE49.9x | |
| 9639 Anmat Technology for Trading | ر.س7.90 | 9.0% +ر.س28.0m | n/a | PE9.9x | |
| 9558 Alqemam for Computer Systems | ر.س56.25 | 6.6% +ر.س10.5m | -38.1% | PE18.2x | |
| 9614 Purity for Information Technology | ر.س23.30 | 0.7% +ر.س2.4m | 10.8% | PE90.1x |