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Saudi Arabian (Tadawul) Utilities Sector Analysis
UpdatedMar 22, 2026
DataAggregated Company Financials
Companies7
- 7D1.4%
- 3M-5.2%
- 1Y-38.4%
- YTD-5.5%
In the last week, the Utilities industry is up 1.4%, with all of the companies up. In the past year, the industry is down 38%. As for the next few years, earnings are expected to grow by 28% 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Mar 2026 | ر.س212.2b | ر.س123.2b | ر.س6.9b | 23.5x | 30.7x | 1.7x |
| Tue, 17 Feb 2026 | ر.س219.6b | ر.س120.8b | -ر.س181,522,031.00 | 32.7x | -1209.6x | 1.8x |
| Thu, 15 Jan 2026 | ر.س216.3b | ر.س120.8b | -ر.س181,522,031.00 | 37x | -1191.8x | 1.8x |
| Sat, 13 Dec 2025 | ر.س232.1b | ر.س120.8b | -ر.س181,522,031.00 | 39.7x | -1278.6x | 1.9x |
| Mon, 10 Nov 2025 | ر.س256.3b | ر.س117.8b | ر.س1.5b | 44x | 176.5x | 2.2x |
| Wed, 08 Oct 2025 | ر.س257.2b | ر.س117.7b | ر.س1.4b | 44x | 179.1x | 2.2x |
| Fri, 05 Sep 2025 | ر.س246.5b | ر.س117.7b | ر.س1.4b | 47.5x | 171.8x | 2.1x |
| Sun, 03 Aug 2025 | ر.س247.5b | ر.س112.2b | ر.س537.9m | 51.2x | 460.1x | 2.2x |
| Tue, 01 Jul 2025 | ر.س274.8b | ر.س112.0b | ر.س686.7m | 54.2x | 400.1x | 2.5x |
| Thu, 29 May 2025 | ر.س280.8b | ر.س112.0b | ر.س686.7m | 51.2x | 409x | 2.5x |
| Sat, 26 Apr 2025 | ر.س332.3b | ر.س107.2b | ر.س372.4m | 77.8x | 892.3x | 3.1x |
| Mon, 24 Mar 2025 | ر.س333.3b | ر.س107.0b | ر.س348.1m | 68.4x | 957.4x | 3.1x |
| Wed, 19 Feb 2025 | ر.س388.5b | ر.س103.2b | ر.س6.2b | 34.5x | 62.5x | 3.8x |
| Fri, 17 Jan 2025 | ر.س393.3b | ر.س103.2b | ر.س6.2b | 36.9x | 63.3x | 3.8x |
| Sun, 15 Dec 2024 | ر.س382.6b | ر.س103.2b | ر.س6.2b | 38.4x | 61.5x | 3.7x |
| Tue, 12 Nov 2024 | ر.س404.6b | ر.س103.1b | ر.س6.2b | 39.6x | 65x | 3.9x |
| Thu, 10 Oct 2024 | ر.س454.3b | ر.س98.2b | ر.س5.5b | 37.2x | 82.2x | 4.6x |
| Sat, 07 Sep 2024 | ر.س409.3b | ر.س98.2b | ر.س5.5b | 40.8x | 74.1x | 4.2x |
| Mon, 05 Aug 2024 | ر.س399.0b | ر.س95.3b | ر.س5.2b | 40.1x | 76.5x | 4.2x |
| Wed, 03 Jul 2024 | ر.س352.8b | ر.س95.2b | ر.س5.3b | 41.7x | 66.4x | 3.7x |
| Fri, 31 May 2024 | ر.س391.3b | ر.س94.8b | ر.س5.3b | 34.6x | 74.5x | 4.1x |
| Sun, 28 Apr 2024 | ر.س416.1b | ر.س92.1b | ر.س5.2b | 35.4x | 80.7x | 4.5x |
| Tue, 26 Mar 2024 | ر.س365.3b | ر.س91.8b | ر.س5.2b | 40.4x | 70.9x | 4x |
| Thu, 22 Feb 2024 | ر.س299.2b | ر.س89.5b | ر.س7.1b | 36.2x | 41.9x | 3.3x |
| Sat, 20 Jan 2024 | ر.س284.5b | ر.س89.5b | ر.س7.1b | 32.7x | 39.8x | 3.2x |
| Mon, 18 Dec 2023 | ر.س289.6b | ر.س89.5b | ر.س7.1b | 29.1x | 40.5x | 3.2x |
| Wed, 15 Nov 2023 | ر.س254.5b | ر.س88.3b | ر.س7.7b | 25.2x | 32.9x | 2.9x |
| Fri, 13 Oct 2023 | ر.س237.8b | ر.س87.8b | ر.س7.8b | 23.1x | 30.5x | 2.7x |
| Sun, 10 Sep 2023 | ر.س245.3b | ر.س87.8b | ر.س7.8b | 25.9x | 31.5x | 2.8x |
| Tue, 08 Aug 2023 | ر.س249.3b | ر.س87.1b | ر.س9.0b | 28.4x | 27.6x | 2.9x |
| Thu, 06 Jul 2023 | ر.س258.1b | ر.س87.1b | ر.س9.0b | 29.4x | 28.6x | 3x |
| Sat, 03 Jun 2023 | ر.س221.4b | ر.س87.0b | ر.س9.0b | 27.6x | 24.5x | 2.5x |
| Mon, 01 May 2023 | ر.س238.7b | ر.س86.9b | ر.س10.0b | 27.6x | 23.8x | 2.7x |
| Wed, 29 Mar 2023 | ر.س217.9b | ر.س86.6b | ر.س10.0b | 25.4x | 21.9x | 2.5x |
Price to Earnings Ratio
21.9x
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 30.7x 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 12% 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 | 0.62% | |
| Utilities | 1.42% | |
| Gas Utilities | 2.18% | |
| Electric Utilities | 1.84% | |
| Renewable Energy | 1.31% | |
| Other Utilities | 0.34% | |
| Water Utilities | 0.094% | |
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 26.9%, 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 0.64x.
Forecasted Growth
- Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 31% 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 | 1.6% +ر.س2.1b | -48.5% | PE70.2x | |
| 5110 Saudi Energy | ر.س14.95 | 3.0% +ر.س1.8b | -6.0% | PE15.5x | |
| 2080 National Gas and Industrialization | ر.س78.00 | 6.6% +ر.س360.0m | -18.3% | PE23.5x | |
| 2083 Power and Water Utility Company for Jubail and Yanbu | ر.س29.60 | 2.4% +ر.س175.0m | -30.4% | PE16.5x | |
| 2081 Alkhorayef Water and Power Technologies | ر.س114.30 | 0.9% +ر.س35.0m | -29.7% | PE15.4x |