Saudi Arabian (Tadawul) Utilities Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
- 7D-2.3%
- 3M-8.6%
- 1Y46.1%
- YTD30.5%
Over the last 7 days, the Utilities industry has dropped 2.3%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 46%. Earnings are forecast to grow by 24% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ر.س386.0b | ر.س95.2b | ر.س5.3b | 42.9x | 72.7x | 4.1x |
| Sun, 23 Jun 2024 | ر.س342.5b | ر.س95.2b | ر.س5.3b | 42.1x | 64.5x | 3.6x |
| Tue, 21 May 2024 | ر.س449.1b | ر.س94.7b | ر.س5.5b | 37.2x | 81.1x | 4.7x |
| Thu, 18 Apr 2024 | ر.س420.0b | ر.س92.1b | ر.س5.2b | 36.3x | 81.4x | 4.6x |
| Sat, 16 Mar 2024 | ر.س352.6b | ر.س91.7b | ر.س12.9b | 40.1x | 27.4x | 3.8x |
| Mon, 12 Feb 2024 | ر.س289.4b | ر.س89.5b | ر.س7.1b | 35.3x | 40.5x | 3.2x |
| Wed, 10 Jan 2024 | ر.س284.0b | ر.س89.5b | ر.س7.1b | 32x | 39.8x | 3.2x |
| Fri, 08 Dec 2023 | ر.س270.8b | ر.س89.5b | ر.س7.1b | 26.6x | 37.9x | 3x |
| Sun, 05 Nov 2023 | ر.س252.0b | ر.س88.1b | ر.س7.8b | 23.4x | 32.2x | 2.9x |
| Tue, 03 Oct 2023 | ر.س243.3b | ر.س87.8b | ر.س7.8b | 24.9x | 31.3x | 2.8x |
| Thu, 31 Aug 2023 | ر.س262.1b | ر.س87.8b | ر.س7.8b | 27.7x | 33.7x | 3x |
| Sat, 29 Jul 2023 | ر.س260.1b | ر.س87.1b | ر.س9.0b | 29.6x | 28.8x | 3x |
| Mon, 26 Jun 2023 | ر.س242.5b | ر.س87.1b | ر.س9.0b | 28.6x | 26.9x | 2.8x |
| Wed, 24 May 2023 | ر.س231.5b | ر.س86.7b | ر.س9.0b | 28.2x | 25.9x | 2.7x |
| Fri, 21 Apr 2023 | ر.س236.4b | ر.س86.9b | ر.س10.0b | 26.8x | 23.6x | 2.7x |
| Sun, 19 Mar 2023 | ر.س209.4b | ر.س85.8b | ر.س8.1b | 25.2x | 25.8x | 2.4x |
| Tue, 14 Feb 2023 | ر.س221.3b | ر.س85.8b | ر.س8.0b | 24.8x | 27.6x | 2.6x |
| Thu, 12 Jan 2023 | ر.س235.8b | ر.س85.8b | ر.س8.0b | 26.2x | 29.4x | 2.7x |
| Sat, 10 Dec 2022 | ر.س214.2b | ر.س85.8b | ر.س8.0b | 25.3x | 26.7x | 2.5x |
| Mon, 07 Nov 2022 | ر.س243.1b | ر.س78.3b | ر.س8.0b | 32.3x | 30.5x | 3.1x |
| Wed, 05 Oct 2022 | ر.س238.5b | ر.س78.3b | ر.س7.6b | 31.6x | 31.3x | 3x |
| Fri, 02 Sep 2022 | ر.س240.7b | ر.س78.3b | ر.س7.6b | 29.4x | 31.6x | 3.1x |
| Sun, 31 Jul 2022 | ر.س236.9b | ر.س77.4b | ر.س7.8b | 28.3x | 30.4x | 3.1x |
| Tue, 28 Jun 2022 | ر.س209.2b | ر.س77.4b | ر.س7.8b | 29.9x | 26.8x | 2.7x |
| Thu, 26 May 2022 | ر.س211.2b | ر.س77.4b | ر.س7.8b | 27.3x | 27x | 2.7x |
| Sat, 23 Apr 2022 | ر.س217.6b | ر.س77.3b | ر.س7.9b | 25.2x | 27.4x | 2.8x |
| Mon, 21 Mar 2022 | ر.س198.6b | ر.س82.3b | ر.س13.5b | 20.5x | 14.7x | 2.4x |
| Wed, 16 Feb 2022 | ر.س187.8b | ر.س82.0b | ر.س13.2b | 20.5x | 14.3x | 2.3x |
| Fri, 14 Jan 2022 | ر.س179.7b | ر.س82.0b | ر.س13.2b | 21.6x | 13.7x | 2.2x |
| Sun, 12 Dec 2021 | ر.س161.1b | ر.س82.0b | ر.س13.2b | 21.1x | 12.2x | 2x |
| Tue, 09 Nov 2021 | ر.س176.9b | ر.س80.5b | ر.س10.5b | 22.6x | 16.9x | 2.2x |
| Thu, 07 Oct 2021 | ر.س121.7b | ر.س75.4b | ر.س9.5b | 19.3x | 12.9x | 1.6x |
| Sat, 04 Sep 2021 | ر.س123.4b | ر.س75.4b | ر.س9.5b | 20x | 13.1x | 1.6x |
| Mon, 02 Aug 2021 | ر.س116.0b | ر.س75.4b | ر.س9.5b | 16.3x | 12.3x | 1.5x |
Price to Earnings Ratio
12.3x
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 72.7x which is higher than its 3-year average PE of 31.7x.
- The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 4.1x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have declined 17% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.1% 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 | -1.45% | |
| Utilities | -2.29% | |
| Electric Utilities | -0.83% | |
| Gas Utilities | -0.96% | |
| Renewable Energy | -2.34% | |
| Other Utilities | -2.35% | |
| Water Utilities | -9.33% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 121x.
- Analysts expect its future annual earnings growth (19.3%) to be largely in line with prior year's earnings growth.
- 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 15.9x.
Forecasted Growth
- Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 58% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 19% 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 | |
|---|---|---|---|---|---|
| No data available | |||||