Saudi Electricity (TADAWUL:5110) Is Experiencing Growth In Returns On Capital
Jan 12
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Saudi Arabian (Tadawul) Utilities Sector Analysis
UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies7
- 7D-3.4%
- 3M-10.9%
- 1Y-46.9%
- YTD-9.2%
Over the last 7 days, the Utilities industry has dropped 4.5%, driven by ACWA Power declining 4.7%. Meanwhile, Power and Water Utility Company for Jubail and Yanbu actually outperformed within the industry, gaining 6.0% in the last week. The industry has fallen 47% in the last year. As for the next few years, earnings are expected to grow by 31% per annum.
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 |
|---|---|---|---|---|---|---|
| Fri, 27 Feb 2026 | ر.س203.9b | ر.س120.8b | -ر.س181,522,031.00 | 31.5x | -1123.4x | 1.7x |
| Sun, 25 Jan 2026 | ر.س219.4b | ر.س120.8b | -ر.س181,522,031.00 | 36.4x | -1208.5x | 1.8x |
| Tue, 23 Dec 2025 | ر.س225.1b | ر.س120.8b | -ر.س181,522,031.00 | 38.8x | -1240x | 1.9x |
| Thu, 20 Nov 2025 | ر.س244.8b | ر.س120.8b | -ر.س181,522,031.00 | 43.3x | -1348.8x | 2x |
| Sat, 18 Oct 2025 | ر.س271.8b | ر.س117.7b | ر.س1.4b | 46.2x | 189.2x | 2.3x |
| Mon, 15 Sep 2025 | ر.س236.6b | ر.س117.7b | ر.س1.4b | 41.4x | 164.7x | 2x |
| Wed, 13 Aug 2025 | ر.س252.1b | ر.س112.0b | ر.س582.8m | 48.2x | 432.6x | 2.3x |
| Fri, 11 Jul 2025 | ر.س269.5b | ر.س112.0b | ر.س686.7m | 53.7x | 392.4x | 2.4x |
| Sun, 08 Jun 2025 | ر.س282.6b | ر.س112.0b | ر.س686.7m | 49.6x | 411.5x | 2.5x |
| Tue, 06 May 2025 | ر.س313.3b | ر.س107.2b | ر.س372.4m | 74.5x | 841.5x | 2.9x |
| Thu, 03 Apr 2025 | ر.س345.8b | ر.س107.1b | ر.س388.3m | 69.1x | 890.7x | 3.2x |
| Sat, 01 Mar 2025 | ر.س371.5b | ر.س103.1b | ر.س6.1b | 33.5x | 60.5x | 3.6x |
| Mon, 27 Jan 2025 | ر.س410.8b | ر.س103.2b | ر.س6.2b | 35.7x | 66.1x | 4x |
| Wed, 25 Dec 2024 | ر.س387.6b | ر.س103.2b | ر.س6.2b | 35.3x | 62.3x | 3.8x |
| Fri, 22 Nov 2024 | ر.س387.3b | ر.س103.2b | ر.س6.2b | 37.9x | 62.3x | 3.8x |
| Sun, 20 Oct 2024 | ر.س430.3b | ر.س98.2b | ر.س5.5b | 37x | 77.9x | 4.4x |
| Tue, 17 Sep 2024 | ر.س392.2b | ر.س98.2b | ر.س5.5b | 40.4x | 71x | 4x |
| Thu, 15 Aug 2024 | ر.س390.8b | ر.س98.1b | ر.س6.1b | 39.3x | 64.1x | 4x |
| Sat, 13 Jul 2024 | ر.س373.9b | ر.س95.2b | ر.س5.3b | 42x | 70.4x | 3.9x |
| Mon, 10 Jun 2024 | ر.س378.5b | ر.س95.2b | ر.س5.3b | 39.7x | 71.3x | 4x |
| Wed, 08 May 2024 | ر.س398.6b | ر.س92.2b | ر.س5.1b | 39x | 78.3x | 4.3x |
| Fri, 05 Apr 2024 | ر.س378.3b | ر.س92.1b | ر.س5.2b | 35.6x | 73.4x | 4.1x |
| Sun, 03 Mar 2024 | ر.س308.0b | ر.س89.7b | ر.س7.3b | 38.2x | 42.2x | 3.4x |
| Tue, 30 Jan 2024 | ر.س294.3b | ر.س89.5b | ر.س7.1b | 33.4x | 41.2x | 3.3x |
| Thu, 28 Dec 2023 | ر.س288.4b | ر.س89.5b | ر.س7.1b | 29.9x | 40.4x | 3.2x |
| Sat, 25 Nov 2023 | ر.س263.2b | ر.س89.5b | ر.س7.1b | 26.7x | 36.8x | 2.9x |
| Mon, 23 Oct 2023 | ر.س255.7b | ر.س87.8b | ر.س7.8b | 22.7x | 32.8x | 2.9x |
| Wed, 20 Sep 2023 | ر.س245.2b | ر.س87.8b | ر.س7.8b | 25.4x | 31.5x | 2.8x |
| Fri, 18 Aug 2023 | ر.س251.5b | ر.س87.7b | ر.س7.8b | 28.5x | 32.4x | 2.9x |
| Sun, 16 Jul 2023 | ر.س257.6b | ر.س87.1b | ر.س9.0b | 30.4x | 28.5x | 3x |
| Tue, 13 Jun 2023 | ر.س232.6b | ر.س87.1b | ر.س9.0b | 28.9x | 25.8x | 2.7x |
| Thu, 11 May 2023 | ر.س238.8b | ر.س86.9b | ر.س10.0b | 27.2x | 23.8x | 2.7x |
| Sat, 08 Apr 2023 | ر.س227.2b | ر.س86.7b | ر.س10.0b | 26.8x | 22.7x | 2.6x |
| Mon, 06 Mar 2023 | ر.س214.9b | ر.س85.8b | ر.س8.0b | 25.5x | 26.8x | 2.5x |
Price to Earnings Ratio
26.8x
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 1.7x.
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 Market | -2.62% | |
| Utilities | -3.41% | |
| Other Utilities | 5.97% | |
| Electric Utilities | -1.53% | |
| Water Utilities | -2.85% | |
| Gas Utilities | -4.46% | |
| Renewable Energy | -4.71% | |
Industry PE
- Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 109x.
- 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 43% 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 | |
|---|---|---|---|---|---|
| 2083 Power and Water Utility Company for Jubail and Yanbu | ر.س31.26 | 6.0% +ر.س440.0m | -35.9% | PE276.1x | |
| 2084 Miahona | ر.س15.61 | 0.7% +ر.س17.7m | -37.5% | PE35.9x |