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
Wed, 22 Jul 2026	ر.س293.1b	ر.س121.3b	ر.س19.5b	13.1x	15x	2.4x
Fri, 19 Jun 2026	ر.س304.4b	ر.س121.1b	ر.س19.5b	13.7x	15.6x	2.5x
Sun, 17 May 2026	ر.س298.0b	ر.س121.1b	ر.س19.6b	13.8x	15.2x	2.5x
Tue, 14 Apr 2026	ر.س303.1b	ر.س120.5b	ر.س19.4b	15x	15.6x	2.5x
Thu, 12 Mar 2026	ر.س297.5b	ر.س120.3b	ر.س19.4b	14.4x	15.3x	2.5x
Sat, 07 Feb 2026	ر.س311.7b	ر.س119.0b	ر.س16.5b	15.1x	18.9x	2.6x
Mon, 05 Jan 2026	ر.س303.5b	ر.س119.0b	ر.س16.5b	14.5x	18.4x	2.5x
Wed, 03 Dec 2025	ر.س301.1b	ر.س118.1b	ر.س16.3b	16.3x	18.4x	2.5x
Fri, 31 Oct 2025	ر.س323.0b	ر.س118.3b	ر.س17.0b	17.4x	19x	2.7x
Sun, 28 Sep 2025	ر.س312.6b	ر.س117.8b	ر.س16.9b	17x	18.5x	2.7x
Tue, 26 Aug 2025	ر.س303.7b	ر.س117.9b	ر.س16.9b	14.9x	18x	2.6x
Thu, 24 Jul 2025	ر.س298.8b	ر.س116.9b	ر.س16.3b	14.8x	18.3x	2.6x
Sat, 21 Jun 2025	ر.س293.8b	ر.س116.7b	ر.س16.2b	17x	18.1x	2.5x
Mon, 19 May 2025	ر.س308.5b	ر.س116.7b	ر.س16.4b	19.2x	18.9x	2.6x
Wed, 16 Apr 2025	ر.س333.1b	ر.س114.9b	ر.س15.5b	21.8x	21.5x	2.9x
Fri, 14 Mar 2025	ر.س314.4b	ر.س115.6b	ر.س15.4b	20.3x	20.4x	2.7x
Sun, 09 Feb 2025	ر.س327.7b	ر.س113.7b	ر.س17.5b	24.4x	18.7x	2.9x
Tue, 07 Jan 2025	ر.س307.9b	ر.س113.6b	ر.س17.5b	25.1x	17.6x	2.7x
Thu, 05 Dec 2024	ر.س300.4b	ر.س113.5b	ر.س17.4b	30x	17.2x	2.6x
Sat, 02 Nov 2024	ر.س310.7b	ر.س110.8b	ر.س17.6b	30.2x	17.7x	2.8x
Mon, 30 Sep 2024	ر.س322.3b	ر.س110.8b	ر.س17.6b	34.5x	18.3x	2.9x
Wed, 28 Aug 2024	ر.س315.6b	ر.س110.8b	ر.س17.6b	35.6x	18x	2.8x
Fri, 26 Jul 2024	ر.س295.9b	ر.س109.5b	ر.س17.2b	35x	17.2x	2.7x
Sun, 23 Jun 2024	ر.س276.1b	ر.س109.5b	ر.س17.2b	30.3x	16.1x	2.5x
Tue, 21 May 2024	ر.س290.1b	ر.س109.0b	ر.س17.1b	31.7x	16.9x	2.7x
Thu, 18 Apr 2024	ر.س293.9b	ر.س107.5b	ر.س17.8b	17.7x	16.5x	2.7x
Sat, 16 Mar 2024	ر.س310.2b	ر.س108.8b	ر.س18.0b	19x	17.2x	2.8x
Mon, 12 Feb 2024	ر.س315.1b	ر.س108.0b	ر.س18.3b	19.5x	17.2x	2.9x
Wed, 10 Jan 2024	ر.س299.9b	ر.س108.0b	ر.س18.3b	19x	16.4x	2.8x
Fri, 08 Dec 2023	ر.س263.9b	ر.س104.3b	ر.س18.2b	15.4x	14.5x	2.5x
Sun, 05 Nov 2023	ر.س262.3b	ر.س102.1b	ر.س16.6b	16x	15.8x	2.6x
Tue, 03 Oct 2023	ر.س259.0b	ر.س101.8b	ر.س16.4b	16.3x	15.8x	2.5x
Thu, 31 Aug 2023	ر.س274.3b	ر.س101.8b	ر.س16.4b	17.1x	16.7x	2.7x
Sat, 29 Jul 2023	ر.س297.5b	ر.س99.5b	ر.س16.1b	19.2x	18.5x	3x

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 14.9x which is lower than its 3-year average PE of 17.3x.

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 6.7% per year over the last three years.
Revenues for these companies have grown 6.8% 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	-0.46%
Telecom	-0.12%
Wireless Telecom	1.87%
Telecom Services and Carriers	-0.46%
Media	-2.17%

Industry PE

Investors are most optimistic about the Telecom Services and Carriers industry even though it's trading below its 3-year average PE ratio of 16.1x.

Analysts are expecting annual earnings growth of 3.5%, which is lower than the prior year's growth of 25.0% per year.

Forecasted Growth

Analysts are most optimistic on the Media industry, expecting annual earnings growth of 56% over the next 5 years.
This is better than its past earnings decline of 33% per year.

In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 3.5% 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
7020 Etihad Etisalat	ر.س62.40	2.2% +ر.س1.0b	10.9%	PE13.1x
4072 MBC Group	ر.س21.29	0.9% +ر.س63.2m	-34.5%	PE20.3x
7030 Mobile Telecommunications Company Saudi Arabia	ر.س10.17	0.1% +ر.س9.0m	-0.1%	PE12.8x

stc group and Huawei Launch Green Telco Cloud, Accelerating the Future of Sustainable Telecom in the Region

stc group announced the successful deployment of its Green Telco Cloud, a new cloud-based platform designed to deliver telecom services using fewer physical resources and significantly less energy. Developed in collaboration with Huawei, the platform brings together computing, storage, and networking into one integrated environment built for long-term efficiency and digital scalability. Built on Huawei's cloud-native architecture, the Green Telco Cloud integrates energy-efficient servers equipped with dynamic power management and adaptive Central Processing Unit (CPU) frequency scaling into a unified, automated and converged infrastructure. The platform is managed through a centralized dashboard that provides full-stack telemetry, carbon impact analytics, and automated shutdown of idle resources. By consolidating network functions within a single intelligent platform, stc group delivers faster, greener, and more efficient services while reducing energy consumption, lowering emissions, and enabling next-generation technologies such as 5G-A. The Green Telco Cloud runs on three layers. The hardware foundation uses compact, energy-aware servers that adjust power use based on traffic demand. The platform software enables service flexibility across both traditional systems and container-based environments. A centralized operations layer oversees performance, tracks environmental data, and powers down idle equipment when not in use. stc group and Huawei validated the platform through joint lab trials using Huawei's latest Green technologies, including power-efficient chipsets and intelligent controls. The system achieved up to 20 percent less energy consumption and a 40 percent reduction in physical infrastructure, with measurable improvements in operational simplicity. This deployment is part of stc group's broader efforts to build digital infrastructure that grows responsibly while delivering faster, smarter, and more energy-efficient services. As Saudi Arabia advances its digital transformation goals, this initiative reinforces stc group's leadership in shaping telecom systems where innovation and sustainability move forward together.

Saudi Arabian (Tadawul) Telecom Sector Analysis

Sector Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Full year 2026 earnings released: ر.س2.87 loss per share (vs ر.س0.46 loss in FY 2025)

Etihad Etisalat Company (TADAWUL:7020) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Price target increased by 38% to ر.س110

Price target decreased by 14% to ر.س103

Upcoming dividend of ر.س0.50 per share

MBC Group Company Announces Resignation of Abdulrahman Bin Ibrahim Alrowaita as Non-Executive Director and from Board Committees, Effective June 16, 2026

stc group and Huawei Launch Green Telco Cloud, Accelerating the Future of Sustainable Telecom in the Region

Time Entertainment Company, Annual General Meeting, Jun 30, 2026

Etihad GO Telecom Co. to Report Fiscal Year 2026 Results on Jun 08, 2026