Benign Growth For Etihad Etisalat Company (TADAWUL:7020) Underpins Its Share Price
Jan 26
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Saudi Arabian (Tadawul) Telecom Sector Analysis
UpdatedJan 30, 2025
DataAggregated Company Financials
Companies9
- 7D2.8%
- 3M4.4%
- 1Y4.1%
- YTD6.4%
Over the last 7 days, the Telecom industry has risen 2.8%, driven by gains from Saudi Telecom of 4.4%. This means that the industry has gained 4.1% over the past year. Looking forward, earnings are forecast to grow by 8.8% annually.
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 |
|---|---|---|---|---|---|---|
| Fri, 31 Jan 2025 | ر.س324.8b | ر.س113.5b | ر.س17.4b | 30.8x | 18.6x | 2.9x |
| Sun, 29 Dec 2024 | ر.س302.2b | ر.س113.6b | ر.س17.5b | 24.1x | 17.3x | 2.7x |
| Tue, 26 Nov 2024 | ر.س299.8b | ر.س113.5b | ر.س17.4b | 30.6x | 17.2x | 2.6x |
| Thu, 24 Oct 2024 | ر.س310.4b | ر.س110.8b | ر.س17.6b | 30.1x | 17.7x | 2.8x |
| Sat, 21 Sep 2024 | ر.س318.0b | ر.س110.8b | ر.س17.6b | 35.2x | 18.1x | 2.9x |
| Mon, 19 Aug 2024 | ر.س293.3b | ر.س110.8b | ر.س17.6b | 36.4x | 16.7x | 2.6x |
| Wed, 17 Jul 2024 | ر.س295.9b | ر.س109.5b | ر.س17.2b | 35x | 17.2x | 2.7x |
| Fri, 14 Jun 2024 | ر.س278.3b | ر.س109.4b | ر.س17.2b | 30.3x | 16.2x | 2.5x |
| Sun, 12 May 2024 | ر.س294.7b | ر.س107.5b | ر.س17.8b | 20.1x | 16.5x | 2.7x |
| Tue, 09 Apr 2024 | ر.س299.9b | ر.س107.5b | ر.س17.8b | 18.8x | 16.8x | 2.8x |
| Thu, 07 Mar 2024 | ر.س316.3b | ر.س108.7b | ر.س18.0b | 18.8x | 17.6x | 2.9x |
| Sat, 03 Feb 2024 | ر.س311.5b | ر.س108.0b | ر.س18.3b | 19.3x | 17x | 2.9x |
| Mon, 01 Jan 2024 | ر.س280.1b | ر.س104.3b | ر.س18.2b | 16.3x | 15.4x | 2.7x |
| Wed, 29 Nov 2023 | ر.س264.2b | ر.س104.3b | ر.س18.2b | 15.5x | 14.5x | 2.5x |
| Fri, 27 Oct 2023 | ر.س251.0b | ر.س102.1b | ر.س16.6b | 15.5x | 15.2x | 2.5x |
| Sun, 24 Sep 2023 | ر.س258.2b | ر.س101.8b | ر.س16.4b | 16.2x | 15.7x | 2.5x |
| Tue, 22 Aug 2023 | ر.س275.5b | ر.س101.8b | ر.س16.4b | 17.1x | 16.8x | 2.7x |
| Thu, 20 Jul 2023 | ر.س300.8b | ر.س99.5b | ر.س16.1b | 19.4x | 18.7x | 3x |
| Sat, 17 Jun 2023 | ر.س292.6b | ر.س99.5b | ر.س16.1b | 18.8x | 18.2x | 2.9x |
| Mon, 15 May 2023 | ر.س299.3b | ر.س97.6b | ر.س15.3b | 22.6x | 19.5x | 3.1x |
| Wed, 12 Apr 2023 | ر.س277.2b | ر.س97.4b | ر.س15.3b | 22.6x | 18.1x | 2.8x |
| Fri, 10 Mar 2023 | ر.س252.7b | ر.س97.0b | ر.س15.1b | 21.8x | 16.8x | 2.6x |
| Sun, 05 Feb 2023 | ر.س242.5b | ر.س95.8b | ر.س14.7b | 20.7x | 16.5x | 2.5x |
| Tue, 03 Jan 2023 | ر.س243.9b | ر.س95.8b | ر.س14.7b | 20.1x | 16.6x | 2.5x |
| Thu, 01 Dec 2022 | ر.س251.5b | ر.س95.8b | ر.س14.7b | 21.4x | 17.2x | 2.6x |
| Sat, 29 Oct 2022 | ر.س262.4b | ر.س94.5b | ر.س13.9b | 22x | 18.8x | 2.8x |
| Mon, 26 Sep 2022 | ر.س246.9b | ر.س94.3b | ر.س13.9b | 21.3x | 17.8x | 2.6x |
| Wed, 24 Aug 2022 | ر.س271.2b | ر.س94.0b | ر.س13.8b | 22.9x | 19.7x | 2.9x |
| Fri, 22 Jul 2022 | ر.س262.3b | ر.س92.5b | ر.س13.5b | 24.5x | 19.4x | 2.8x |
| Sun, 19 Jun 2022 | ر.س265.2b | ر.س92.5b | ر.س13.5b | 24.1x | 19.6x | 2.9x |
| Tue, 17 May 2022 | ر.س292.0b | ر.س92.1b | ر.س13.3b | 26.6x | 21.9x | 3.2x |
| Thu, 14 Apr 2022 | ر.س304.1b | ر.س90.3b | ر.س13.1b | 31.4x | 23.2x | 3.4x |
| Sat, 12 Mar 2022 | ر.س288.6b | ر.س90.0b | ر.س13.0b | 26.2x | 22.2x | 3.2x |
| Mon, 07 Feb 2022 | ر.س295.3b | ر.س88.7b | ر.س13.0b | 29.4x | 22.7x | 3.3x |
Price to Earnings Ratio
22.7x
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 17.8x.
- The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 10% per year over the last three years.
- Revenues for these companies have grown 8.6% 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 | -0.35% | |
| Telecom | 2.84% | |
| Telecom Services and Carriers | 4.33% | |
| Media | 0.077% | |
| Entertainment | 0% | 0 |
| Interactive Media and Services | 0% | 0 |
| Wireless Telecom | -0.50% | |
Industry PE
- Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 37.5x.
- Analysts are expecting annual earnings growth of 19.7%, which is higher than its past year's earnings decline of 16.4% per year.
- Investors are most pessimistic about the Telecom Services and Carriers industry, which is trading close to its 3-year average of 16.2x.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings decline of 16% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 5.4% 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.س43.50 | 2.6% +ر.س5.5b | 4.2% | PE16.3x | |
| 4072 MBC Group | ر.س56.50 | 4.2% +ر.س764.8m | 1.1% | PE77x | |
| 7020 Etihad Etisalat | ر.س57.90 | 0.7% +ر.س308.0m | 10.3% | PE15.5x | |
| 7030 Mobile Telecommunications Company Saudi Arabia | ر.س10.60 | 2.5% +ر.س233.7m | -20.8% | PE35.6x | |
| 4071 Arabian Contracting Services | ر.س153.60 | 1.1% +ر.س88.0m | -37.3% | PE31x |
