Have your own idea? Try our Stock Screener
Saudi Arabian (Tadawul) Utilities Sector Analysis
UpdatedMar 19, 2026
DataAggregated Company Financials
Companies7
- 7D1.8%
- 3M-4.5%
- 1Y-37.9%
- YTD-5.5%
Over the last 7 days, the Utilities industry has risen 1.7%, driven by gains in ACWA Power and Saudi Energy of 1.7% and 3.2%, respectively. During this same period, the Power and Water Utility Company for Jubail and Yanbu underperformed, falling 8.1%. In contrast, the industry has lost 39% in the last 12 months. Looking forward, earnings are forecast to grow by 31% 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 |
|---|---|---|---|---|---|---|
| Thu, 19 Mar 2026 | ر.س212.2b | ر.س123.1b | ر.س6.9b | 23.8x | 30.8x | 1.7x |
| Sat, 14 Feb 2026 | ر.س222.1b | ر.س120.8b | -ر.س181,522,031.00 | 32.9x | -1223.5x | 1.8x |
| Mon, 12 Jan 2026 | ر.س213.1b | ر.س120.8b | -ر.س181,522,031.00 | 36.9x | -1174.2x | 1.8x |
| Wed, 10 Dec 2025 | ر.س228.6b | ر.س120.8b | -ر.س181,522,031.00 | 39.2x | -1259.6x | 1.9x |
| Fri, 07 Nov 2025 | ر.س255.5b | ر.س117.7b | ر.س1.5b | 44.6x | 174.1x | 2.2x |
| Sun, 05 Oct 2025 | ر.س251.2b | ر.س117.7b | ر.س1.4b | 44.1x | 174.9x | 2.1x |
| Tue, 02 Sep 2025 | ر.س246.6b | ر.س117.7b | ر.س1.4b | 48.5x | 171.8x | 2.1x |
| Thu, 31 Jul 2025 | ر.س246.7b | ر.س112.0b | ر.س686.7m | 50.1x | 359.2x | 2.2x |
| Sat, 28 Jun 2025 | ر.س268.5b | ر.س112.0b | ر.س686.7m | 54.7x | 390.9x | 2.4x |
| Mon, 26 May 2025 | ر.س285.2b | ر.س112.0b | ر.س686.7m | 55.5x | 415.3x | 2.5x |
| Wed, 23 Apr 2025 | ر.س324.4b | ر.س107.1b | ر.س388.6m | 64.3x | 834.8x | 3x |
| Fri, 21 Mar 2025 | ر.س334.3b | ر.س107.0b | ر.س348.1m | 68.7x | 960.4x | 3.1x |
| Sun, 16 Feb 2025 | ر.س390.9b | ر.س103.2b | ر.س6.2b | 36.6x | 62.9x | 3.8x |
| Tue, 14 Jan 2025 | ر.س390.5b | ر.س103.2b | ر.س6.2b | 35.3x | 62.8x | 3.8x |
| Thu, 12 Dec 2024 | ر.س383.8b | ر.س103.2b | ر.س6.2b | 39x | 61.7x | 3.7x |
| Sat, 09 Nov 2024 | ر.س427.2b | ر.س98.4b | ر.س5.5b | 39.3x | 77.4x | 4.3x |
| Mon, 07 Oct 2024 | ر.س449.4b | ر.س98.2b | ر.س5.5b | 37.5x | 81.4x | 4.6x |
| Wed, 04 Sep 2024 | ر.س412.0b | ر.س98.2b | ر.س5.5b | 41.5x | 74.6x | 4.2x |
| Fri, 02 Aug 2024 | ر.س397.8b | ر.س95.2b | ر.س5.3b | 42.2x | 74.9x | 4.2x |
| Sun, 30 Jun 2024 | ر.س361.2b | ر.س95.2b | ر.س5.3b | 45.1x | 68x | 3.8x |
| Tue, 28 May 2024 | ر.س451.8b | ر.س94.8b | ر.س5.3b | 35.5x | 86x | 4.8x |
| Thu, 25 Apr 2024 | ر.س444.3b | ر.س92.1b | ر.س5.2b | 35.1x | 86.2x | 4.8x |
| Sat, 23 Mar 2024 | ر.س368.9b | ر.س91.8b | ر.س5.2b | 39x | 71.6x | 4x |
| Mon, 19 Feb 2024 | ر.س297.4b | ر.س89.5b | ر.س7.1b | 36.7x | 41.6x | 3.3x |
| Wed, 17 Jan 2024 | ر.س278.6b | ر.س89.5b | ر.س7.1b | 32.6x | 39x | 3.1x |
| Fri, 15 Dec 2023 | ر.س287.1b | ر.س89.5b | ر.س7.1b | 29.4x | 40.2x | 3.2x |
| Sun, 12 Nov 2023 | ر.س248.7b | ر.س88.3b | ر.س7.7b | 24.7x | 32.2x | 2.8x |
| Tue, 10 Oct 2023 | ر.س234.3b | ر.س87.8b | ر.س7.8b | 23.7x | 30.1x | 2.7x |
| Thu, 07 Sep 2023 | ر.س248.7b | ر.س87.8b | ر.س7.8b | 25.9x | 32x | 2.8x |
| Sat, 05 Aug 2023 | ر.س245.4b | ر.س87.1b | ر.س9.0b | 29.4x | 27.2x | 2.8x |
| Mon, 03 Jul 2023 | ر.س243.2b | ر.س87.1b | ر.س9.0b | 28.7x | 26.9x | 2.8x |
| Wed, 31 May 2023 | ر.س227.9b | ر.س86.9b | ر.س8.9b | 27.4x | 25.5x | 2.6x |
| Fri, 28 Apr 2023 | ر.س237.7b | ر.س86.9b | ر.س10.0b | 27.2x | 23.7x | 2.7x |
| Sun, 26 Mar 2023 | ر.س219.4b | ر.س86.6b | ر.س10.0b | 25x | 22x | 2.5x |
Price to Earnings Ratio
22x
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 30.8x which is higher than its 3-year average PE of 6.0x.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have declined 12% per year over the last three years.
- Meanwhile revenues for these companies have grown 12% 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 | -0.20% | |
| Utilities | 1.79% | |
| Electric Utilities | 3.25% | |
| Renewable Energy | 1.37% | |
| Gas Utilities | 0.95% | |
| Water Utilities | 0.62% | |
| Other Utilities | -1.07% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry even though it's trading below its 3-year average PE ratio of 120x.
- Analysts are expecting annual earnings growth of 30.2%, which is higher than its past year's earnings growth of 5.4% 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 0.65x.
Forecasted Growth
- Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 33% over the next 5 years.
- In contrast, the Water Utilities industry is expected to see its earnings grow by 4.4% 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 | |
|---|---|---|---|---|---|
| 5110 Saudi Energy | ر.س14.95 | 3.2% +ر.س2.0b | -5.7% | PE15.5x | |
| 2082 ACWA Power | ر.س169.80 | 1.4% +ر.س1.8b | -47.7% | PE70.2x | |
| 2080 National Gas and Industrialization | ر.س78.00 | 1.0% +ر.س56.3m | -17.6% | PE23.8x | |
| 2084 Miahona | ر.س15.20 | 1.9% +ر.س46.7m | -27.3% | PE33.8x |