Sentiment Still Eluding Mobile Telecommunications Company Saudi Arabia (TADAWUL:7030)
Jul 24
Saudi Arabian (Tadawul) Telecom Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies8
- 7D-0.05%
- 3M0.7%
- 1Y-6.4%
- YTD0.06%
Over the last 7 days, the Telecom industry has remained flat, although notably Etihad Etisalat declined by 4.2%. Unfortunately though, the industry is down 6.4% over the past 12 months. Looking forward, earnings are forecast to grow by 10% 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, 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 |
| Mon, 26 Jun 2023 | ر.س291.0b | ر.س99.5b | ر.س16.1b | 19.1x | 18.1x | 2.9x |
| Wed, 24 May 2023 | ر.س289.7b | ر.س99.1b | ر.س15.5b | 23.6x | 18.6x | 2.9x |
| Fri, 21 Apr 2023 | ر.س282.7b | ر.س97.6b | ر.س15.3b | 23.1x | 18.5x | 2.9x |
| Sun, 19 Mar 2023 | ر.س246.8b | ر.س97.0b | ر.س15.1b | 21.6x | 16.4x | 2.5x |
| Tue, 14 Feb 2023 | ر.س237.3b | ر.س95.8b | ر.س14.7b | 20.4x | 16.2x | 2.5x |
| Thu, 12 Jan 2023 | ر.س245.6b | ر.س95.8b | ر.س14.7b | 19.9x | 16.8x | 2.6x |
| Sat, 10 Dec 2022 | ر.س238.9b | ر.س95.8b | ر.س14.7b | 20.8x | 16.3x | 2.5x |
| Mon, 07 Nov 2022 | ر.س258.1b | ر.س95.3b | ر.س14.6b | 21.9x | 17.7x | 2.7x |
| Wed, 05 Oct 2022 | ر.س257.6b | ر.س94.3b | ر.س13.9b | 22x | 18.6x | 2.7x |
| Fri, 02 Sep 2022 | ر.س265.9b | ر.س94.4b | ر.س13.8b | 22.2x | 19.2x | 2.8x |
| Sun, 31 Jul 2022 | ر.س261.4b | ر.س92.8b | ر.س13.6b | 25x | 19.2x | 2.8x |
| Tue, 28 Jun 2022 | ر.س256.4b | ر.س92.5b | ر.س13.5b | 23.6x | 19x | 2.8x |
| Thu, 26 May 2022 | ر.س274.2b | ر.س92.1b | ر.س13.3b | 25.6x | 20.6x | 3x |
| Sat, 23 Apr 2022 | ر.س299.5b | ر.س90.6b | ر.س13.1b | 29.7x | 22.8x | 3.3x |
| Mon, 21 Mar 2022 | ر.س288.2b | ر.س90.0b | ر.س13.0b | 29.5x | 22.1x | 3.2x |
| Wed, 16 Feb 2022 | ر.س295.9b | ر.س88.8b | ر.س12.9b | 30.2x | 22.9x | 3.3x |
| Fri, 14 Jan 2022 | ر.س284.1b | ر.س88.7b | ر.س13.0b | 29.3x | 21.9x | 3.2x |
| Sun, 12 Dec 2021 | ر.س273.5b | ر.س88.7b | ر.س13.0b | 24.4x | 21x | 3.1x |
| Tue, 09 Nov 2021 | ر.س282.5b | ر.س87.8b | ر.س12.7b | 31.5x | 22.3x | 3.2x |
| Thu, 07 Oct 2021 | ر.س287.6b | ر.س86.6b | ر.س12.5b | 32.1x | 23.1x | 3.3x |
| Sat, 04 Sep 2021 | ر.س316.5b | ر.س86.6b | ر.س12.5b | 32.9x | 25.4x | 3.7x |
| Mon, 02 Aug 2021 | ر.س325.9b | ر.س86.6b | ر.س12.5b | 34x | 26.2x | 3.8x |
Price to Earnings Ratio
26.2x
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 18.8x.
- The industry is trading close to its 3-year average PS ratio of 2.9x.
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 8.1% 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 | -1.45% | |
| Telecom | -0.049% | |
| Telecom Services and Carriers | 1.25% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
| Media | -1.27% | |
| Wireless Telecom | -3.83% | |
Industry PE
- Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio of 36.2x.
- Analysts are expecting annual earnings growth of 29.6%, which is higher than its past year's earnings growth of 6.4% per year.
- Investors are most pessimistic about the Telecom Services and Carriers industry, which is trading below its 3-year average of 17.3x.
Forecasted Growth
- Analysts are most optimistic on the Media industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings growth rate of 6.4% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 3.6% 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.س39.20 | 1.3% +ر.س2.5b | -12.6% | PE14.5x | |
| 7040 Etihad Atheeb Telecommunication | ر.س97.60 | 6.0% +ر.س187.0m | 17.3% | PE17x |