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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedJan 29, 2026
DataAggregated Company Financials
Companies7
  • 7D8.0%
  • 3M-17.3%
  • 1Y-44.9%
  • YTD2.5%

In the last week, the Utilities industry is up 8.0%, with ACWA Power up 11%. In the same time, Natural Gas Distribution was down 7.1%. In the past year, the industry is down 45%. 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
Thu, 29 Jan 2026ر.س230.1bر.س120.8b-ر.س181,522,031.0035.9x-1267.7x1.9x
Sat, 27 Dec 2025ر.س225.6bر.س120.8b-ر.س181,522,031.0038.3x-1242.9x1.9x
Mon, 24 Nov 2025ر.س244.6bر.س120.8b-ر.س181,522,031.0043.3x-1347.5x2x
Wed, 22 Oct 2025ر.س272.8bر.س117.7bر.س1.4b44.3x189.9x2.3x
Fri, 19 Sep 2025ر.س246.2bر.س117.7bر.س1.4b42.7x171.4x2.1x
Sun, 17 Aug 2025ر.س259.6bر.س117.6bر.س1.5b48.8x178.4x2.2x
Tue, 15 Jul 2025ر.س263.4bر.س112.0bر.س686.7m53.8x383.6x2.4x
Thu, 12 Jun 2025ر.س272.2bر.س112.0bر.س686.7m51x396.3x2.4x
Sat, 10 May 2025ر.س307.1bر.س107.9bر.س502.1m70.6x611.6x2.8x
Mon, 07 Apr 2025ر.س342.0bر.س107.1bر.س388.3m68.1x880.9x3.2x
Wed, 05 Mar 2025ر.س342.7bر.س103.1bر.س6.1b33.8x55.8x3.3x
Fri, 31 Jan 2025ر.س401.4bر.س103.2bر.س6.2b35.1x64.6x3.9x
Sun, 29 Dec 2024ر.س385.7bر.س103.2bر.س6.2b36.2x62x3.7x
Tue, 26 Nov 2024ر.س377.4bر.س103.2bر.س6.2b38.1x60.7x3.7x
Thu, 24 Oct 2024ر.س417.0bر.س98.2bر.س5.5b37x75.5x4.2x
Sat, 21 Sep 2024ر.س400.7bر.س98.2bر.س5.5b40.6x72.5x4.1x
Mon, 19 Aug 2024ر.س396.7bر.س98.2bر.س5.5b40x71.8x4x
Wed, 17 Jul 2024ر.س387.4bر.س95.2bر.س5.3b43.2x73x4.1x
Fri, 14 Jun 2024ر.س357.5bر.س95.2bر.س5.3b42.1x67.3x3.8x
Sun, 12 May 2024ر.س403.6bر.س92.1bر.س5.1b40.6x78.9x4.4x
Tue, 09 Apr 2024ر.س377.9bر.س92.1bر.س5.2b35.6x73.3x4.1x
Thu, 07 Mar 2024ر.س327.0bر.س89.7bر.س7.3b41.2x44.8x3.6x
Sat, 03 Feb 2024ر.س282.3bر.س89.5bر.س7.1b32.9x39.5x3.2x
Mon, 01 Jan 2024ر.س292.7bر.س89.5bر.س7.1b31.4x41x3.3x
Wed, 29 Nov 2023ر.س262.0bر.س89.5bر.س7.1b26.4x36.7x2.9x
Fri, 27 Oct 2023ر.س253.2bر.س87.8bر.س7.8b21.9x32.5x2.9x
Sun, 24 Sep 2023ر.س242.9bر.س87.8bر.س7.8b24.8x31.2x2.8x
Tue, 22 Aug 2023ر.س252.8bر.س87.8bر.س7.8b27.8x32.5x2.9x
Thu, 20 Jul 2023ر.س265.2bر.س87.1bر.س9.0b29.8x29.4x3x
Sat, 17 Jun 2023ر.س234.8bر.س87.1bر.س9.0b29x26x2.7x
Mon, 15 May 2023ر.س239.5bر.س86.9bر.س10.0b27.4x23.9x2.8x
Wed, 12 Apr 2023ر.س225.8bر.س86.9bر.س10.0b26.3x22.5x2.6x
Fri, 10 Mar 2023ر.س216.6bر.س85.8bر.س8.1b25.6x26.7x2.5x
Sun, 05 Feb 2023ر.س224.2bر.س85.8bر.س8.0b25.5x28x2.6x
Price to Earnings Ratio

28x


Total Market Cap: ر.س224.2bTotal Earnings: ر.س8.0bTotal Revenue: ر.س85.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 42x202420252026
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 Market3.40%
Utilities8.00%
Renewable Energy11.10%
Water Utilities7.46%
Electric Utilities2.63%
Gas Utilities2.54%
Other Utilities1.23%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 102x.
    • 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 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
2082 ACWA Powerر.س192.2011.1%
+ر.س14.7b		-53.4%PE82.6x
5110 Saudi Electricityر.س14.442.6%
+ر.س1.5b		-15.0%PS0.6x
2081 Alkhorayef Water and Power Technologiesر.س129.709.9%
+ر.س409.5m		-17.5%PE17.5x
2080 National Gas and Industrializationر.س89.902.7%
+ر.س180.0m		-14.5%PE27.4x
2084 Miahonaر.س18.674.0%
+ر.س114.3m		-31.9%PE43x

Latest News

2082
ر.س192.20
ACWA Power
7D
11.1%
1Y
-53.4%
9516
ر.س26.02
Natural Gas Distribution
7D
-7.1%
1Y
-55.5%
2083
ر.س33.04
Power and Water Utility Company for Jubail and Yanbu
7D
1.2%
1Y
-35.3%
5110
ر.س14.44
Saudi Electricity
7D
2.6%
1Y
-15.0%

Saudi Electricity (TADAWUL:5110) Is Experiencing Growth In Returns On Capital

Jan 12
Saudi Electricity (TADAWUL:5110) Is Experiencing Growth In Returns On Capital
2080
ر.س89.90
National Gas and Industrialization
7D
2.7%
1Y
-14.5%

If EPS Growth Is Important To You, National Gas and Industrialization (TADAWUL:2080) Presents An Opportunity

Jan 01
If EPS Growth Is Important To You, National Gas and Industrialization (TADAWUL:2080) Presents An Opportunity
2084
ر.س18.67
Miahona
7D
4.0%
1Y
-31.9%
2081
ر.س129.70
Alkhorayef Water and Power Technologies
7D
9.9%
1Y
-17.5%