Narrative Update • Jun 26
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Saudi Arabian (Tadawul) Utilities Sector Analysis
UpdatedJul 22, 2026
DataAggregated Company Financials
Companies7
- 7D-1.0%
- 3M4.5%
- 1Y-9.9%
- YTD5.0%
Over the last 7 days, the Utilities industry has dropped 2.1%, driven by declines from every company within the industry. The industry has fallen 12% in the last year. Looking forward, earnings are forecast to grow by 27% annually.
Sector Valuation and Performance
Has the Saudi Arabian Utilities Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Jul 2026 | ر.س235.2b | ر.س125.1b | ر.س7.6b | 18.7x | 31x | 1.9x |
| Fri, 19 Jun 2026 | ر.س250.5b | ر.س125.1b | ر.س7.6b | 20.6x | 33x | 2x |
| Sun, 17 May 2026 | ر.س229.5b | ر.س125.1b | ر.س7.6b | 21.6x | 30.3x | 1.8x |
| Tue, 14 Apr 2026 | ر.س222.6b | ر.س123.2b | ر.س6.9b | 18.1x | 32.2x | 1.8x |
| Thu, 12 Mar 2026 | ر.س209.7b | ر.س123.0b | ر.س15.9b | 23.6x | 13.2x | 1.7x |
| Sat, 07 Feb 2026 | ر.س224.4b | ر.س120.8b | -ر.س181,522,031.00 | 33.3x | -1236.5x | 1.9x |
| Mon, 05 Jan 2026 | ر.س219.0b | ر.س120.8b | -ر.س181,522,031.00 | 37x | -1206.5x | 1.8x |
| Wed, 03 Dec 2025 | ر.س229.9b | ر.س120.8b | -ر.س181,522,031.00 | 39.8x | -1266.7x | 1.9x |
| Fri, 31 Oct 2025 | ر.س279.4b | ر.س117.7b | ر.س1.4b | 43x | 194.5x | 2.4x |
| Sun, 28 Sep 2025 | ر.س248.3b | ر.س117.7b | ر.س1.4b | 43.5x | 172.9x | 2.1x |
| Tue, 26 Aug 2025 | ر.س258.9b | ر.س117.7b | ر.س1.4b | 50x | 180.4x | 2.2x |
| Thu, 24 Jul 2025 | ر.س255.7b | ر.س112.0b | ر.س686.7m | 50.6x | 372.4x | 2.3x |
| Sat, 21 Jun 2025 | ر.س257.0b | ر.س112.0b | ر.س686.7m | 46.9x | 374.3x | 2.3x |
| Mon, 19 May 2025 | ر.س300.2b | ر.س111.7b | ر.س664.5m | 54.5x | 451.8x | 2.7x |
| Wed, 16 Apr 2025 | ر.س327.8b | ر.س107.1b | ر.س388.3m | 69.2x | 844.3x | 3.1x |
| Fri, 14 Mar 2025 | ر.س333.7b | ر.س107.0b | ر.س9.1b | 62.1x | 36.5x | 3.1x |
| Sun, 09 Feb 2025 | ر.س392.3b | ر.س103.2b | ر.س6.2b | 34.9x | 63.1x | 3.8x |
| Tue, 07 Jan 2025 | ر.س390.7b | ر.س103.2b | ر.س6.2b | 36.3x | 62.8x | 3.8x |
| Thu, 05 Dec 2024 | ر.س397.4b | ر.س103.2b | ر.س6.2b | 38.8x | 63.9x | 3.9x |
| Sat, 02 Nov 2024 | ر.س438.6b | ر.س98.4b | ر.س5.5b | 40.2x | 79.4x | 4.5x |
| Mon, 30 Sep 2024 | ر.س460.0b | ر.س98.2b | ر.س5.5b | 40.9x | 83.3x | 4.7x |
| Wed, 28 Aug 2024 | ر.س413.6b | ر.س98.2b | ر.س5.5b | 41.8x | 74.9x | 4.2x |
| Fri, 26 Jul 2024 | ر.س386.0b | ر.س95.2b | ر.س5.3b | 42.9x | 72.7x | 4.1x |
| Sun, 23 Jun 2024 | ر.س342.5b | ر.س95.2b | ر.س5.3b | 42.1x | 64.5x | 3.6x |
| Tue, 21 May 2024 | ر.س449.1b | ر.س94.7b | ر.س5.5b | 37.2x | 81.1x | 4.7x |
| Thu, 18 Apr 2024 | ر.س420.0b | ر.س92.1b | ر.س5.2b | 36.3x | 81.4x | 4.6x |
| Sat, 16 Mar 2024 | ر.س352.6b | ر.س91.7b | ر.س12.9b | 40.1x | 27.4x | 3.8x |
| Mon, 12 Feb 2024 | ر.س289.4b | ر.س89.5b | ر.س7.1b | 35.3x | 40.5x | 3.2x |
| Wed, 10 Jan 2024 | ر.س284.0b | ر.س89.5b | ر.س7.1b | 32x | 39.8x | 3.2x |
| Fri, 08 Dec 2023 | ر.س270.8b | ر.س89.5b | ر.س7.1b | 26.6x | 37.9x | 3x |
| Sun, 05 Nov 2023 | ر.س252.0b | ر.س88.1b | ر.س7.8b | 23.4x | 32.2x | 2.9x |
| Tue, 03 Oct 2023 | ر.س243.3b | ر.س87.8b | ر.س7.8b | 24.9x | 31.3x | 2.8x |
| Thu, 31 Aug 2023 | ر.س262.1b | ر.س87.8b | ر.س7.8b | 27.7x | 33.7x | 3x |
| Sat, 29 Jul 2023 | ر.س260.1b | ر.س87.1b | ر.س9.0b | 29.6x | 28.8x | 3x |
Price to Earnings Ratio
28.8x
Current Industry PE
- Investors are optimistic on the Saudi Utilities industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 30.7x which is higher than its 3-year average PE of 6.8x.
- The 3-year average PS ratio of 3.0x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have declined 5.6% per year over the last three years.
- Meanwhile revenues for these companies have grown 13% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Utilities sector?
| SA Market | -0.46% | |
| Utilities | -1.01% | |
| Renewable Energy | -0.053% | |
| Electric Utilities | -2.16% | |
| Water Utilities | -2.99% | |
| Gas Utilities | -3.80% | |
| Other Utilities | -3.83% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 119x.
- Analysts are expecting annual earnings growth of 24.3%, which is higher than its past year's earnings decline of 6.2% per year.
- Investors are most pessimistic about the Electric Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 0.92x.
Forecasted Growth
- Analysts are most optimistic on the Other Utilities industry, expecting annual earnings growth of 43% over the next 5 years.
- In contrast, the Water Utilities industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| No data available | |||||