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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedJan 06, 2026
DataAggregated Company Financials
Companies7
  • 7D-5.0%
  • 3M-17.5%
  • 1Y-47.6%
  • YTD-5.8%

Over the last 7 days, the Utilities industry has dropped 1.3%, driven by ACWA Power declining 7.4%. The industry has fallen 46% in the last 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
Tue, 06 Jan 2026ر.س211.6bر.س120.8b-ر.س181,522,031.0036.5x-1165.6x1.8x
Thu, 04 Dec 2025ر.س231.7bر.س120.8b-ر.س181,522,031.0039.3x-1276.4x1.9x
Sat, 01 Nov 2025ر.س278.4bر.س117.7bر.س1.4b43x193.9x2.4x
Mon, 29 Sep 2025ر.س248.3bر.س117.7bر.س1.4b43.2x172.9x2.1x
Wed, 27 Aug 2025ر.س252.5bر.س117.7bر.س1.4b50.1x175.9x2.1x
Fri, 25 Jul 2025ر.س252.9bر.س112.0bر.س686.7m50.8x368.2x2.3x
Sun, 22 Jun 2025ر.س257.0bر.س112.0bر.س686.7m46.9x374.3x2.3x
Tue, 20 May 2025ر.س297.6bر.س111.7bر.س664.5m54x447.8x2.7x
Thu, 17 Apr 2025ر.س331.1bر.س107.1bر.س388.6m65.5x852.1x3.1x
Sat, 15 Mar 2025ر.س336.9bر.س107.0bر.س9.1b62.1x36.9x3.1x
Mon, 10 Feb 2025ر.س392.9bر.س103.2bر.س6.2b35.7x63.2x3.8x
Wed, 08 Jan 2025ر.س387.2bر.س103.2bر.س6.2b35.6x62.3x3.8x
Fri, 06 Dec 2024ر.س391.1bر.س103.2bر.س6.2b38.8x62.9x3.8x
Sun, 03 Nov 2024ر.س438.6bر.س98.4bر.س5.5b40.2x79.4x4.5x
Tue, 01 Oct 2024ر.س463.6bر.س98.2bر.س5.5b40.9x83.9x4.7x
Thu, 29 Aug 2024ر.س412.3bر.س98.2bر.س5.5b42.5x74.6x4.2x
Sat, 27 Jul 2024ر.س386.0bر.س95.2bر.س5.3b42.9x72.7x4.1x
Mon, 24 Jun 2024ر.س342.5bر.س95.2bر.س5.3b42.1x64.5x3.6x
Wed, 22 May 2024ر.س451.4bر.س94.7bر.س5.2b37x86.1x4.8x
Fri, 19 Apr 2024ر.س430.8bر.س92.1bر.س5.2b36.6x83.5x4.7x
Sun, 17 Mar 2024ر.س352.6bر.س91.8bر.س12.8b42x27.5x3.8x
Tue, 13 Feb 2024ر.س295.2bر.س89.5bر.س7.1b36x41.3x3.3x
Thu, 11 Jan 2024ر.س281.0bر.س89.5bر.س7.1b32.4x39.3x3.1x
Sat, 09 Dec 2023ر.س270.8bر.س89.5bر.س7.1b26.6x37.9x3x
Mon, 06 Nov 2023ر.س257.5bر.س88.1bر.س7.8b23.6x32.8x2.9x
Wed, 04 Oct 2023ر.س242.5bر.س87.8bر.س7.8b24.5x31.2x2.8x
Fri, 01 Sep 2023ر.س254.0bر.س87.8bر.س7.8b28x32.6x2.9x
Sun, 30 Jul 2023ر.س260.1bر.س87.1bر.س9.0b29.6x28.8x3x
Tue, 27 Jun 2023ر.س242.5bر.س87.1bر.س9.0b28.6x26.9x2.8x
Thu, 25 May 2023ر.س228.7bر.س86.7bر.س9.0b28.1x25.5x2.6x
Sat, 22 Apr 2023ر.س236.4bر.س86.9bر.س10.0b26.8x23.6x2.7x
Mon, 20 Mar 2023ر.س209.4bر.س85.8bر.س8.1b25.3x25.8x2.4x
Wed, 15 Feb 2023ر.س222.2bر.س85.8bر.س8.0b24.8x27.7x2.6x
Fri, 13 Jan 2023ر.س235.9bر.س85.8bر.س8.0b26.4x29.4x2.8x
Price to Earnings Ratio

29.4x


Total Market Cap: ر.س235.9bTotal Earnings: ر.س8.0bTotal Revenue: ر.س85.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 67.6x202420252026
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 1.8x.
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-1.40%
Utilities-4.97%
Electric Utilities-0.43%
Gas Utilities-1.20%
Water Utilities-1.35%
Other Utilities-3.16%
Renewable Energy-7.36%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 95.7x.
    • 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
2084 Miahonaر.س17.753.2%
+ر.س88.5m
-35.9%PE40.8x
9516 Natural Gas Distributionر.س29.8810.6%
+ر.س14.3m
-55.0%PE33x