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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedJul 09, 2025
DataAggregated Company Financials
Companies7
  • 7D2.4%
  • 3M-13.0%
  • 1Y-25.7%
  • YTD-30.6%

Over the last 7 days, the Utilities industry has risen 3.8%, driven by gains from ACWA Power of 3.6%. In contrast, the industry has lost 23% in the last 12 months. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Jul 2025ر.س277.4bر.س112.0bر.س686.7m53x404x2.5x
Fri, 06 Jun 2025ر.س282.6bر.س112.0bر.س686.7m49.6x411.5x2.5x
Sun, 04 May 2025ر.س319.1bر.س107.2bر.س372.4m76.1x856.9x3x
Tue, 01 Apr 2025ر.س345.8bر.س107.1bر.س388.3m69.1x890.7x3.2x
Thu, 27 Feb 2025ر.س380.2bر.س103.1bر.س6.1b34.1x61.9x3.7x
Sat, 25 Jan 2025ر.س410.8bر.س103.2bر.س6.2b36x66.1x4x
Mon, 23 Dec 2024ر.س383.7bر.س103.2bر.س6.2b35.5x61.7x3.7x
Wed, 20 Nov 2024ر.س396.2bر.س103.2bر.س6.2b38.9x63.7x3.8x
Fri, 18 Oct 2024ر.س434.5bر.س98.2bر.س5.5b37x78.7x4.4x
Sun, 15 Sep 2024ر.س385.9bر.س98.2bر.س5.5b40.5x69.9x3.9x
Tue, 13 Aug 2024ر.س389.4bر.س98.1bر.س6.1b38.6x63.9x4x
Thu, 11 Jul 2024ر.س371.7bر.س95.2bر.س5.3b41.7x70x3.9x
Sat, 08 Jun 2024ر.س378.5bر.س95.2bر.س5.3b36.7x71.3x4x
Mon, 06 May 2024ر.س402.8bر.س92.2bر.س5.1b37.5x79.1x4.4x
Wed, 03 Apr 2024ر.س369.2bر.س92.1bر.س5.2b35.7x71.6x4x
Fri, 01 Mar 2024ر.س308.0bر.س89.5bر.س7.1b38.2x43.1x3.4x
Sun, 28 Jan 2024ر.س284.8bر.س89.5bر.س7.1b32.6x39.9x3.2x
Tue, 26 Dec 2023ر.س288.3bر.س89.5bر.س7.1b29.4x40.4x3.2x
Thu, 23 Nov 2023ر.س259.3bر.س89.5bر.س7.1b26.5x36.3x2.9x
Sat, 21 Oct 2023ر.س261.2bر.س87.8bر.س7.8b22.9x33.6x3x
Mon, 18 Sep 2023ر.س246.8bر.س87.8bر.س7.8b25.4x31.7x2.8x
Wed, 16 Aug 2023ر.س252.3bر.س87.4bر.س9.0b28.8x28x2.9x
Fri, 14 Jul 2023ر.س256.2bر.س87.1bر.س9.0b30.4x28.4x2.9x
Sun, 11 Jun 2023ر.س234.1bر.س87.1bر.س9.0b29.4x25.9x2.7x
Tue, 09 May 2023ر.س245.0bر.س86.9bر.س10.0b28x24.4x2.8x
Thu, 06 Apr 2023ر.س228.0bر.س86.6bر.س10.0b25.9x22.8x2.6x
Sat, 04 Mar 2023ر.س213.0bر.س85.8bر.س8.0b25.2x26.6x2.5x
Mon, 30 Jan 2023ر.س226.6bر.س85.8bر.س8.0b25.6x28.3x2.6x
Wed, 28 Dec 2022ر.س225.6bر.س85.8bر.س8.0b24.9x28.1x2.6x
Fri, 25 Nov 2022ر.س231.2bر.س85.7bر.س7.9b25.3x29.1x2.7x
Sun, 23 Oct 2022ر.س242.3bر.س78.3bر.س7.6b30.8x31.8x3.1x
Tue, 20 Sep 2022ر.س218.7bر.س78.3bر.س7.6b27.6x28.7x2.8x
Thu, 18 Aug 2022ر.س244.7bر.س77.4bر.س7.9b31.1x31x3.2x
Sat, 16 Jul 2022ر.س212.5bر.س77.4bر.س7.8b27.3x27.2x2.7x
Price to Earnings Ratio

27.2x


Total Market Cap: ر.س212.5bTotal Earnings: ر.س7.8bTotal Revenue: ر.س77.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 107.7x202320242025
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 413x which is higher than its 3-year average PE of 107x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have declined 56% 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 Market2.44%
Utilities2.44%
Renewable Energy3.63%
Electric Utilities0.34%
Water Utilities-0.40%
Other Utilities-0.56%
Gas Utilities-2.26%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 74.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 55% over the next 5 years.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
2082 ACWA Powerر.س257.003.6%
+ر.س6.6b
-30.6%PE99.8x
5110 Saudi Electricityر.س14.950.3%
+ر.س208.3m
-7.9%PS0.7x
2084 Miahonaر.س25.781.5%
+ر.س61.2m
-11.7%PE50.3x
9516 Natural Gas Distributionر.س42.040.1%
+ر.س200.0k
-8.5%PE55.8x