We Think That There Are Some Issues For Saudi Telecom (TADAWUL:7010) Beyond Its Promising Earnings
Nov 17
Have your own idea? Try our Stock Screener
Saudi Arabian (Tadawul) Telecom Sector Analysis
UpdatedNov 19, 2024
DataAggregated Company Financials
Companies8
- 7D-3.5%
- 3M0.8%
- 1Y5.2%
- YTD0.4%
Over the last 7 days, the Telecom industry has dropped 3.5%, driven by a pullback from Saudi Telecom of 4.6%. In the past year, the industry has gained 5.2%. Earnings are forecast to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Tue, 19 Nov 2024 | ر.س297.1b | ر.س113.5b | ر.س17.4b | 28.5x | 17x | 2.6x |
| Thu, 17 Oct 2024 | ر.س317.7b | ر.س110.8b | ر.س17.6b | 33.5x | 18.1x | 2.9x |
| Sat, 14 Sep 2024 | ر.س308.4b | ر.س110.8b | ر.س17.6b | 33.9x | 17.6x | 2.8x |
| Mon, 12 Aug 2024 | ر.س282.1b | ر.س110.8b | ر.س17.6b | 31.3x | 16x | 2.5x |
| Wed, 10 Jul 2024 | ر.س291.6b | ر.س109.5b | ر.س17.2b | 35x | 17x | 2.7x |
| Fri, 07 Jun 2024 | ر.س276.5b | ر.س109.4b | ر.س17.2b | 31.3x | 16.1x | 2.5x |
| Sun, 05 May 2024 | ر.س290.3b | ر.س107.5b | ر.س17.8b | 19.3x | 16.3x | 2.7x |
| Tue, 02 Apr 2024 | ر.س298.0b | ر.س108.8b | ر.س18.0b | 17.8x | 16.5x | 2.7x |
| Thu, 29 Feb 2024 | ر.س319.8b | ر.س108.0b | ر.س18.3b | 20.1x | 17.5x | 3x |
| Sat, 27 Jan 2024 | ر.س315.9b | ر.س108.0b | ر.س18.3b | 18.9x | 17.3x | 2.9x |
| Mon, 25 Dec 2023 | ر.س271.5b | ر.س104.3b | ر.س18.2b | 16x | 14.9x | 2.6x |
| Wed, 22 Nov 2023 | ر.س264.5b | ر.س104.3b | ر.س18.2b | 15.6x | 14.6x | 2.5x |
| Fri, 20 Oct 2023 | ر.س253.1b | ر.س101.8b | ر.س16.4b | 16.3x | 15.4x | 2.5x |
| Sun, 17 Sep 2023 | ر.س263.1b | ر.س101.8b | ر.س16.4b | 16.2x | 16x | 2.6x |
| Tue, 15 Aug 2023 | ر.س280.1b | ر.س101.4b | ر.س16.4b | 18.8x | 17.1x | 2.8x |
| Thu, 13 Jul 2023 | ر.س298.2b | ر.س99.5b | ر.س16.1b | 19.5x | 18.5x | 3x |
| Sat, 10 Jun 2023 | ر.س287.0b | ر.س99.5b | ر.س16.1b | 21.3x | 17.9x | 2.9x |
| Mon, 08 May 2023 | ر.س287.8b | ر.س97.6b | ر.س15.3b | 23.7x | 18.8x | 2.9x |
| Wed, 05 Apr 2023 | ر.س271.4b | ر.س97.0b | ر.س15.1b | 23x | 18x | 2.8x |
| Fri, 03 Mar 2023 | ر.س241.3b | ر.س95.8b | ر.س14.7b | 22.3x | 16.5x | 2.5x |
| Sun, 29 Jan 2023 | ر.س245.7b | ر.س95.8b | ر.س14.7b | 20.6x | 16.8x | 2.6x |
| Tue, 27 Dec 2022 | ر.س233.2b | ر.س95.8b | ر.س14.7b | 20.1x | 15.9x | 2.4x |
| Thu, 24 Nov 2022 | ر.س253.1b | ر.س95.8b | ر.س14.7b | 20.7x | 17.3x | 2.6x |
| Sat, 22 Oct 2022 | ر.س256.6b | ر.س94.3b | ر.س13.9b | 21.9x | 18.5x | 2.7x |
| Mon, 19 Sep 2022 | ر.س256.9b | ر.س94.3b | ر.س13.9b | 22.3x | 18.5x | 2.7x |
| Wed, 17 Aug 2022 | ر.س272.0b | ر.س94.0b | ر.س13.8b | 23.5x | 19.8x | 2.9x |
| Fri, 15 Jul 2022 | ر.س254.5b | ر.س92.5b | ر.س13.5b | 23.2x | 18.8x | 2.8x |
| Sun, 12 Jun 2022 | ر.س267.0b | ر.س92.5b | ر.س13.5b | 25.1x | 19.8x | 2.9x |
| Tue, 10 May 2022 | ر.س303.9b | ر.س90.8b | ر.س13.2b | 28.3x | 23x | 3.3x |
| Thu, 07 Apr 2022 | ر.س285.7b | ر.س90.0b | ر.س13.0b | 29.9x | 21.9x | 3.2x |
| Sat, 05 Mar 2022 | ر.س289.4b | ر.س90.0b | ر.س13.0b | 31.8x | 22.3x | 3.2x |
| Mon, 31 Jan 2022 | ر.س297.2b | ر.س88.7b | ر.س13.0b | n/a | 22.9x | 3.4x |
| Wed, 29 Dec 2021 | ر.س276.6b | ر.س88.7b | ر.س13.0b | 26.6x | 21.3x | 3.1x |
| Fri, 26 Nov 2021 | ر.س279.2b | ر.س88.0b | ر.س12.8b | 26.5x | 21.8x | 3.2x |
Price to Earnings Ratio
21.8x
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 18.1x.
- 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 11% 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 | -1.34% | |
| Telecom | -3.53% | |
| Wireless Telecom | 0.63% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Media | -3.18% | |
| Telecom Services and Carriers | -4.58% | |
Industry PE
- Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 36.0x.
- Analysts are expecting annual earnings growth of 31.7%, 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 16.5x.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 32% 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 6.5% 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.س53.80 | 1.1% +ر.س462.0m | 13.6% | PE14.4x |
