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Saudi Arabian (Tadawul) Telecom Sector Analysis

UpdatedMar 01, 2024
DataAggregated Company Financials
Companies8
  • 7D1.0%
  • 3M14.4%
  • 1Y23.8%
  • YTD11.2%

Over the last 7 days, the Telecom industry has remained flat. As for the the longer term, the industry is up 23% over the past 12 months. Earnings are forecast to grow by 9.7% annually.

Sector Valuation and Performance

Has the Saudi Arabian Telecom Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 01 Mar 2024ر.س324.2bر.س108.0bر.س18.3b20.4x17.7x3x
Sun, 28 Jan 2024ر.س315.9bر.س108.0bر.س18.3b18.9x17.3x2.9x
Tue, 26 Dec 2023ر.س273.9bر.س104.3bر.س18.2b16.1x15.1x2.6x
Thu, 23 Nov 2023ر.س262.9bر.س104.3bر.س18.2b15.6x14.5x2.5x
Sat, 21 Oct 2023ر.س251.9bر.س101.8bر.س16.4b16.3x15.3x2.5x
Mon, 18 Sep 2023ر.س263.1bر.س101.8bر.س16.4b16.3x16x2.6x
Wed, 16 Aug 2023ر.س274.8bر.س101.4bر.س16.4b18.4x16.7x2.7x
Fri, 14 Jul 2023ر.س298.2bر.س99.5bر.س16.1b19.4x18.5x3x
Sun, 11 Jun 2023ر.س287.0bر.س99.5bر.س16.1b21.3x17.9x2.9x
Tue, 09 May 2023ر.س291.7bر.س97.6bر.س15.3b23.8x19.1x3x
Thu, 06 Apr 2023ر.س271.9bر.س97.0bر.س15.1b22.9x18x2.8x
Sat, 04 Mar 2023ر.س241.3bر.س95.8bر.س14.7b22.3x16.5x2.5x
Mon, 30 Jan 2023ر.س246.0bر.س95.8bر.س14.7b20.6x16.8x2.6x
Wed, 28 Dec 2022ر.س235.4bر.س95.8bر.س14.7b20.3x16.1x2.5x
Fri, 25 Nov 2022ر.س253.4bر.س95.8bر.س14.7b20.7x17.3x2.6x
Sun, 23 Oct 2022ر.س256.6bر.س94.3bر.س13.9b21.9x18.5x2.7x
Tue, 20 Sep 2022ر.س254.6bر.س94.3bر.س13.9b21.7x18.4x2.7x
Thu, 18 Aug 2022ر.س275.4bر.س94.0bر.س13.8b23.8x20x2.9x
Sat, 16 Jul 2022ر.س257.3bر.س92.5bر.س13.5b23.5x19x2.8x
Mon, 13 Jun 2022ر.س283.5bر.س92.5bر.س13.5b25x21x3.1x
Wed, 11 May 2022ر.س304.4bر.س90.8bر.س13.2b28.9x23x3.4x
Fri, 08 Apr 2022ر.س297.6bر.س90.0bر.س13.0b29.2x22.9x3.3x
Sun, 06 Mar 2022ر.س289.4bر.س90.0bر.س13.0b31.8x22.3x3.2x
Tue, 01 Feb 2022ر.س299.0bر.س88.7bر.س13.0b30x23x3.4x
Thu, 30 Dec 2021ر.س277.2bر.س88.7bر.س13.0b27.3x21.3x3.1x
Sat, 27 Nov 2021ر.س275.9bر.س88.0bر.س12.8b26.4x21.5x3.1x
Mon, 25 Oct 2021ر.س286.3bر.س86.8bر.س12.5bn/a22.9x3.3x
Wed, 22 Sep 2021ر.س311.3bر.س86.6bر.س12.5b32x25x3.6x
Fri, 20 Aug 2021ر.س313.2bر.س86.6bر.س12.5b32.5x25.1x3.6x
Fri, 04 Jun 2021ر.س299.0bر.س85.3bر.س12.3b32.3x24.4x3.5x
Mon, 08 Mar 2021ر.س276.7bر.س83.5bر.س12.3b25.4x22.4x3.3x
Price to Earnings Ratio

22.4x


Total Market Cap: ر.س276.7bTotal Earnings: ر.س12.3bTotal Revenue: ر.س83.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Telecom Sector Price to Earnings3Y Average 19.8x202220232024
Current Industry PE
  • Investors are pessimistic on the Saudi Communication Services 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 17.5x which is lower than its 3-year average PE of 19.8x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 8.9% 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 Telecom sector?

SA Market-0.56%
Telecom1.01%
Wireless Telecom2.05%
Telecom Services and Carriers1.18%
Entertainment0%
Interactive Media and Services0%
Media-0.61%
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 35.2x.
    • Analysts are expecting annual earnings growth of 36.0%, which is higher than its past year's earnings growth of 6.1% per year.
  • Investors are most pessimistic about the Telecom Services and Carriers industry, which is trading below its 3-year average of 18.4x.
Forecasted Growth
  • Analysts are most optimistic on the Media industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings growth rate of 6.1% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 3.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
7010 Saudi Telecomر.س42.451.2%
+ر.س2.5b
18.1%PE15.4x
7030 Mobile Telecommunications Company Saudi Arabiaر.س14.905.8%
+ر.س737.0m
38.5%PE11x
7020 Etihad Etisalatر.س55.300.9%
+ر.س385.0m
39.1%PE20.4x
4210 Saudi Research and Media Groupر.س247.001.6%
+ر.س320.0m
29.2%PE29.4x
4070 Tihama for Advertising Public Relations and Marketingر.س15.581.6%
+ر.س9.6m
-77.6%PS8.6x
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