Have your own idea? Try our Stock Screener
Saudi Arabian (Tadawul) Utilities Sector Analysis
UpdatedMar 16, 2026
DataAggregated Company Financials
Companies7
- 7D-1.1%
- 3M-9.1%
- 1Y-40.9%
- YTD-7.5%
Over the last 7 days, the Utilities industry has dropped 1.1%, driven by ACWA Power declining 1.7%. Overall the industry is down 41% in 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 |
|---|---|---|---|---|---|---|
| Mon, 16 Mar 2026 | ر.س209.2b | ر.س123.0b | ر.س6.9b | 22.3x | 30.3x | 1.7x |
| Wed, 11 Feb 2026 | ر.س220.8b | ر.س120.8b | -ر.س181,522,031.00 | 32.9x | -1216.5x | 1.8x |
| Fri, 09 Jan 2026 | ر.س211.9b | ر.س120.8b | -ر.س181,522,031.00 | 37x | -1167.3x | 1.8x |
| Sun, 07 Dec 2025 | ر.س229.8b | ر.س120.8b | -ر.س181,522,031.00 | 39.4x | -1266.1x | 1.9x |
| Tue, 04 Nov 2025 | ر.س273.1b | ر.س117.8b | ر.س1.4b | 45.4x | 191.8x | 2.3x |
| Thu, 02 Oct 2025 | ر.س252.2b | ر.س117.7b | ر.س1.4b | 43.5x | 175.6x | 2.1x |
| Sat, 30 Aug 2025 | ر.س247.6b | ر.س117.7b | ر.س1.4b | 49.4x | 172.6x | 2.1x |
| Mon, 28 Jul 2025 | ر.س253.1b | ر.س112.0b | ر.س686.7m | 50.8x | 368.5x | 2.3x |
| Wed, 25 Jun 2025 | ر.س267.2b | ر.س112.0b | ر.س686.7m | 51.9x | 389.1x | 2.4x |
| Fri, 23 May 2025 | ر.س284.0b | ر.س112.0b | ر.س662.9m | 56.1x | 428.4x | 2.5x |
| Sun, 20 Apr 2025 | ر.س328.2b | ر.س107.1b | ر.س388.6m | 65.4x | 844.7x | 3.1x |
| Tue, 18 Mar 2025 | ر.س339.6b | ر.س107.0b | ر.س348.1m | 69.1x | 975.6x | 3.2x |
| Thu, 13 Feb 2025 | ر.س387.3b | ر.س103.2b | ر.س6.2b | 37.5x | 62.3x | 3.8x |
| Sat, 11 Jan 2025 | ر.س390.7b | ر.س103.2b | ر.س6.2b | 35.4x | 62.8x | 3.8x |
| Mon, 09 Dec 2024 | ر.س396.3b | ر.س103.2b | ر.س6.2b | 38.8x | 63.7x | 3.8x |
| Wed, 06 Nov 2024 | ر.س436.1b | ر.س98.4b | ر.س5.5b | 40.5x | 79x | 4.4x |
| Fri, 04 Oct 2024 | ر.س450.2b | ر.س98.2b | ر.س5.5b | 38.9x | 81.5x | 4.6x |
| Sun, 01 Sep 2024 | ر.س417.3b | ر.س98.2b | ر.س5.5b | 42.3x | 75.5x | 4.2x |
| Tue, 30 Jul 2024 | ر.س395.4b | ر.س95.2b | ر.س5.3b | 42.6x | 74.5x | 4.2x |
| Thu, 27 Jun 2024 | ر.س361.7b | ر.س95.2b | ر.س5.3b | 44x | 68.1x | 3.8x |
| Sat, 25 May 2024 | ر.س453.9b | ر.س94.7b | ر.س5.2b | 37.1x | 86.6x | 4.8x |
| Mon, 22 Apr 2024 | ر.س430.8b | ر.س92.1b | ر.س5.2b | 36.6x | 83.5x | 4.7x |
| Wed, 20 Mar 2024 | ر.س370.8b | ر.س91.8b | ر.س5.2b | 39.1x | 71.8x | 4x |
| Fri, 16 Feb 2024 | ر.س299.1b | ر.س89.5b | ر.س7.1b | 37.9x | 41.9x | 3.3x |
| Sun, 14 Jan 2024 | ر.س282.9b | ر.س89.5b | ر.س7.1b | 32x | 39.6x | 3.2x |
| Tue, 12 Dec 2023 | ر.س277.0b | ر.س89.5b | ر.س7.1b | 28x | 38.8x | 3.1x |
| Thu, 09 Nov 2023 | ر.س248.6b | ر.س88.0b | ر.س7.7b | 26.2x | 32.2x | 2.8x |
| Sat, 07 Oct 2023 | ر.س235.7b | ر.س87.8b | ر.س7.8b | 24.4x | 30.3x | 2.7x |
| Mon, 04 Sep 2023 | ر.س254.0b | ر.س87.8b | ر.س7.8b | 27.3x | 32.6x | 2.9x |
| Wed, 02 Aug 2023 | ر.س254.6b | ر.س87.1b | ر.س9.0b | 29.2x | 28.2x | 2.9x |
| Fri, 30 Jun 2023 | ر.س242.5b | ر.س87.1b | ر.س9.0b | 28.6x | 26.9x | 2.8x |
| Sun, 28 May 2023 | ر.س229.8b | ر.س86.9b | ر.س8.9b | 27.3x | 25.7x | 2.6x |
| Tue, 25 Apr 2023 | ر.س236.4b | ر.س86.9b | ر.س10.0b | 26.8x | 23.6x | 2.7x |
| Thu, 23 Mar 2023 | ر.س215.9b | ر.س86.6b | ر.س17.6b | 24.7x | 12.2x | 2.5x |
Price to Earnings Ratio
12.2x
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 30.3x 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 27% 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 | -0.11% | |
| Utilities | -1.07% | |
| Electric Utilities | 2.33% | |
| Water Utilities | -0.59% | |
| Renewable Energy | -1.71% | |
| Gas Utilities | -7.88% | |
| Other Utilities | -10.64% | |
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 | |
|---|---|---|---|---|---|
| 2082 ACWA Power | ر.س169.80 | 3.4% +ر.س4.3b | -49.1% | PE70.2x | |
| 5110 Saudi Energy | ر.س14.95 | 4.5% +ر.س2.7b | -7.0% | PE15.5x | |
| 2081 Alkhorayef Water and Power Technologies | ر.س114.30 | 4.3% +ر.س164.5m | -31.5% | PE15.4x | |
| 2084 Miahona | ر.س15.20 | 3.4% +ر.س80.5m | -29.1% | PE35x | |
| 2080 National Gas and Industrialization | ر.س78.00 | 0.4% +ر.س22.5m | -17.1% | PE23.8x |