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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedDec 26, 2025
DataAggregated Company Financials
Companies7
  • 7D1.6%
  • 3M-9.2%
  • 1Y-43.4%
  • YTD-45.2%

The Utilities industry is up 1.6% in the last week, with Saudi Electricity up 3.3%. However, the industry is down 43% over the past year. As for the next few years, earnings are expected to grow by 34% per annum.

Sector Valuation and Performance

Has the Saudi Arabian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Dec 2025ر.س225.6bر.س120.8b-ر.س181,522,031.0038.3x-1242.9x1.9x
Sun, 23 Nov 2025ر.س244.8bر.س120.8b-ر.س181,522,031.0043.4x-1348.6x2x
Tue, 21 Oct 2025ر.س282.6bر.س117.7bر.س1.4b44.5x196.8x2.4x
Thu, 18 Sep 2025ر.س243.0bر.س117.7bر.س1.4b42.5x169.2x2.1x
Sat, 16 Aug 2025ر.س259.6bر.س117.6bر.س1.5b48.8x178.4x2.2x
Mon, 14 Jul 2025ر.س268.9bر.س112.0bر.س686.7m53.2x391.6x2.4x
Wed, 11 Jun 2025ر.س282.6bر.س112.0bر.س686.7m49.6x411.5x2.5x
Fri, 09 May 2025ر.س307.1bر.س107.2bر.س372.4m70.6x824.7x2.9x
Sun, 06 Apr 2025ر.س342.0bر.س107.1bر.س388.3m68.1x880.9x3.2x
Tue, 04 Mar 2025ر.س358.0bر.س103.1bر.س6.1b32.9x58.3x3.5x
Thu, 30 Jan 2025ر.س403.6bر.س103.2bر.س6.2b34.9x64.9x3.9x
Sat, 28 Dec 2024ر.س385.7bر.س103.2bر.س6.2b36.2x62x3.7x
Mon, 25 Nov 2024ر.س386.1bر.س103.2bر.س6.2b38.4x62.1x3.7x
Wed, 23 Oct 2024ر.س416.6bر.س98.2bر.س5.5b37.3x75.4x4.2x
Fri, 20 Sep 2024ر.س400.4bر.س98.2bر.س5.5b40.6x72.5x4.1x
Sun, 18 Aug 2024ر.س396.7bر.س98.2bر.س5.5b39.3x71.8x4x
Tue, 16 Jul 2024ر.س372.4bر.س95.2bر.س5.3b42.8x70.1x3.9x
Thu, 13 Jun 2024ر.س369.8bر.س95.2bر.س5.3b42.5x69.6x3.9x
Sat, 11 May 2024ر.س403.6bر.س92.2bر.س5.1b40.6x79.3x4.4x
Mon, 08 Apr 2024ر.س377.9bر.س92.1bر.س5.2b35.6x73.3x4.1x
Wed, 06 Mar 2024ر.س327.5bر.س89.7bر.س7.3b39.1x44.9x3.7x
Fri, 02 Feb 2024ر.س282.3bر.س89.5bر.س7.1b32.9x39.5x3.2x
Sun, 31 Dec 2023ر.س292.7bر.س89.5bر.س7.1b31x41x3.3x
Tue, 28 Nov 2023ر.س261.9bر.س89.5bر.س7.1b26.7x36.7x2.9x
Thu, 26 Oct 2023ر.س244.9bر.س87.8bر.س7.8b22.5x31.5x2.8x
Sat, 23 Sep 2023ر.س242.9bر.س87.8bر.س7.8b24.8x31.2x2.8x
Mon, 21 Aug 2023ر.س253.0bر.س87.8bر.س7.8b28.1x32.5x2.9x
Wed, 19 Jul 2023ر.س260.8bر.س87.1bر.س9.0b30.2x28.9x3x
Fri, 16 Jun 2023ر.س234.5bر.س87.1bر.س9.0b29x26x2.7x
Sun, 14 May 2023ر.س239.5bر.س86.9bر.س10.0b27.5x23.9x2.8x
Tue, 11 Apr 2023ر.س228.4bر.س86.7bر.س10.0b27.4x22.8x2.6x
Thu, 09 Mar 2023ر.س215.4bر.س85.8bر.س8.1b25.3x26.6x2.5x
Sat, 04 Feb 2023ر.س224.2bر.س85.8bر.س8.0b25.5x28x2.6x
Mon, 02 Jan 2023ر.س229.3bر.س85.8bر.س8.0b25.5x28.6x2.7x
Price to Earnings Ratio

28.6x


Total Market Cap: ر.س229.3bTotal Earnings: ر.س8.0bTotal Revenue: ر.س85.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 80.3x20242025
Current Industry PE
  • Investors are pessimistic on the Saudi Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues 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 Market0.38%
Utilities1.58%
Gas Utilities3.56%
Electric Utilities3.27%
Water Utilities1.69%
Renewable Energy1.03%
Other Utilities-2.06%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 92.6x.
    • 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 54% over the next 5 years.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 12% 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
5110 Saudi Electricityر.س14.203.3%
+ر.س1.9b
-15.8%PS0.6x
2082 ACWA Powerر.س185.901.0%
+ر.س1.5b
-52.2%PE79.9x
2080 National Gas and Industrializationر.س91.653.7%
+ر.س243.8m
-10.0%PE28x
2081 Alkhorayef Water and Power Technologiesر.س133.203.8%
+ر.س171.5m
-9.0%PE18x

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