Saudi Arabian (Tadawul) Telecom Sector Analysis

Sector Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 12 Jan 2026	ر.س303.7b	ر.س119.0b	ر.س16.5b	14.6x	18.4x	2.6x
Wed, 10 Dec 2025	ر.س305.2b	ر.س119.0b	ر.س16.5b	14.8x	18.5x	2.6x
Fri, 07 Nov 2025	ر.س315.5b	ر.س118.9b	ر.س16.8b	17.1x	18.8x	2.7x
Sun, 05 Oct 2025	ر.س322.3b	ر.س117.8b	ر.س16.9b	17.3x	19.1x	2.7x
Tue, 02 Sep 2025	ر.س298.9b	ر.س117.9b	ر.س16.9b	16.1x	17.7x	2.5x
Thu, 31 Jul 2025	ر.س301.5b	ر.س117.8b	ر.س16.8b	15x	18x	2.6x
Sat, 28 Jun 2025	ر.س307.3b	ر.س116.7b	ر.س16.2b	18.7x	18.9x	2.6x
Mon, 26 May 2025	ر.س303.2b	ر.س116.6b	ر.س16.2b	18.3x	18.7x	2.6x
Wed, 23 Apr 2025	ر.س327.4b	ر.س114.9b	ر.س15.4b	21.5x	21.2x	2.9x
Fri, 21 Mar 2025	ر.س318.8b	ر.س115.6b	ر.س15.4b	20.8x	20.7x	2.8x
Sun, 16 Feb 2025	ر.س325.7b	ر.س113.7b	ر.س17.5b	24.3x	18.6x	2.9x
Tue, 14 Jan 2025	ر.س310.6b	ر.س112.3b	ر.س17.2b	32.7x	18x	2.8x
Thu, 12 Dec 2024	ر.س308.4b	ر.س113.6b	ر.س17.5b	24.5x	17.7x	2.7x
Sat, 09 Nov 2024	ر.س309.8b	ر.س111.8b	ر.س17.7b	29.1x	17.5x	2.8x
Mon, 07 Oct 2024	ر.س312.4b	ر.س110.8b	ر.س17.6b	32.6x	17.8x	2.8x
Wed, 04 Sep 2024	ر.س313.2b	ر.س110.8b	ر.س17.6b	35.5x	17.8x	2.8x
Fri, 02 Aug 2024	ر.س290.1b	ر.س110.7b	ر.س17.6b	34.4x	16.5x	2.6x
Sun, 30 Jun 2024	ر.س284.7b	ر.س109.5b	ر.س17.2b	31.5x	16.6x	2.6x
Tue, 28 May 2024	ر.س281.6b	ر.س109.4b	ر.س17.2b	31.5x	16.4x	2.6x
Thu, 25 Apr 2024	ر.س294.4b	ر.س107.5b	ر.س17.8b	19.5x	16.5x	2.7x
Sat, 23 Mar 2024	ر.س309.7b	ر.س108.8b	ر.س18.0b	18.8x	17.2x	2.8x
Mon, 19 Feb 2024	ر.س318.8b	ر.س108.0b	ر.س18.3b	19.9x	17.4x	3x
Wed, 17 Jan 2024	ر.س305.2b	ر.س108.0b	ر.س18.3b	18.6x	16.7x	2.8x
Fri, 15 Dec 2023	ر.س270.4b	ر.س104.3b	ر.س18.2b	15.7x	14.9x	2.6x
Sun, 12 Nov 2023	ر.س262.8b	ر.س104.0b	ر.س18.0b	15.6x	14.6x	2.5x
Tue, 10 Oct 2023	ر.س247.8b	ر.س101.8b	ر.س16.4b	15.5x	15.1x	2.4x
Thu, 07 Sep 2023	ر.س265.2b	ر.س101.8b	ر.س16.4b	16.3x	16.2x	2.6x
Sat, 05 Aug 2023	ر.س278.4b	ر.س101.2b	ر.س16.4b	17.7x	17x	2.7x
Mon, 03 Jul 2023	ر.س293.5b	ر.س99.5b	ر.س16.1b	19.2x	18.2x	2.9x
Wed, 31 May 2023	ر.س278.2b	ر.س99.1b	ر.س15.5b	22.7x	17.9x	2.8x
Fri, 28 Apr 2023	ر.س296.3b	ر.س97.6b	ر.س15.3b	23.4x	19.3x	3x
Sun, 26 Mar 2023	ر.س256.5b	ر.س97.0b	ر.س15.1b	22.3x	17x	2.6x
Tue, 21 Feb 2023	ر.س235.5b	ر.س95.8b	ر.س14.7b	20.8x	16.1x	2.5x
Thu, 19 Jan 2023	ر.س244.5b	ر.س95.8b	ر.س14.7b	20.4x	16.7x	2.6x

Current Industry PE

Investors are relatively neutral on the Saudi Communication 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 17.5x.

The industry is trading close to its 3-year average PS ratio of 2.7x.

Past Earnings Growth

The earnings for companies in the Communication Services industry have grown 4.0% per year over the last three years.
Revenues for these companies have grown 7.5% 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	2.80%
Telecom	0.06%
Telecom Services and Carriers	0.68%
Wireless Telecom	-1.36%
Media	-1.73%

Industry PE

Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 45.4x.

Analysts expect its future annual earnings growth (54.3%) to be largely in line with prior year's earnings growth.

Investors are most pessimistic about the Wireless Telecom industry, which is trading below its 3-year average of 16.6x.

Forecasted Growth

Analysts are most optimistic on the Media industry, expecting annual earnings growth of 54% over the next 5 years.
This is roughly in line with its past earnings growth rate.

In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 6.8% 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
7010 Saudi Telecom	ر.س43.00	0.7% +ر.س1.5b	4.9%	PE18.1x
7030 Mobile Telecommunications Company Saudi Arabia	ر.س10.69	2.8% +ر.س260.6m	4.8%	PE14.8x
4210 Saudi Research and Media Group	ر.س124.90	2.0% +ر.س192.0m	-55.4%	PS3.6x
4071 Arabian Contracting Services	ر.س117.10	2.7% +ر.س170.5m	-24.5%	PS3.4x
4070 Tihama for Advertising Public Relations and Marketing	ر.س16.11	1.6% +ر.س5.7m	-43.2%	PS5.7x

Company

Last Price

Valuation

7010 Saudi Telecom

ر.س43.00

0.7%
+ر.س1.5b

4.9%

PE18.1x

7030 Mobile Telecommunications Company Saudi Arabia

ر.س10.69

2.8%
+ر.س260.6m

4.8%