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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedMar 28, 2026
DataAggregated Company Financials
Companies7
  • 7D1.3%
  • 3M-4.7%
  • 1Y-39.8%
  • YTD-4.2%

The Utilities industry is up 1.3% in the last week, with Saudi Energy up 7.0%. In the past year, the industry is down 40%. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Mar 2026ر.س215.0bر.س123.2bر.س6.9b24.3x31.1x1.7x
Mon, 23 Feb 2026ر.س211.1bر.س120.8b-ر.س181,522,031.0031.4x-1163x1.7x
Wed, 21 Jan 2026ر.س215.1bر.س120.8b-ر.س181,522,031.0037.6x-1185x1.8x
Fri, 19 Dec 2025ر.س222.1bر.س120.8b-ر.س181,522,031.0038.8x-1223.5x1.8x
Sun, 16 Nov 2025ر.س251.7bر.س120.6b-ر.س228,555,887.0043.9x-1101.2x2.1x
Tue, 14 Oct 2025ر.س262.1bر.س117.7bر.س1.4b46x182.5x2.2x
Thu, 11 Sep 2025ر.س237.0bر.س117.7bر.س1.4b42x165.1x2x
Sat, 09 Aug 2025ر.س246.8bر.س112.3bر.س538.6m50.3x458.3x2.2x
Mon, 07 Jul 2025ر.س269.1bر.س112.0bر.س686.7m53.2x391.9x2.4x
Wed, 04 Jun 2025ر.س270.9bر.س112.0bر.س686.7m49.8x394.5x2.4x
Fri, 02 May 2025ر.س319.1bر.س107.2bر.س372.4m76.1x856.9x3x
Sun, 30 Mar 2025ر.س345.8bر.س107.1bر.س388.3m69.1x890.7x3.2x
Tue, 25 Feb 2025ر.س397.9bر.س103.2bر.س6.2b33.9x64x3.9x
Thu, 23 Jan 2025ر.س405.0bر.س103.2bر.س6.2b36.2x65.1x3.9x
Sat, 21 Dec 2024ر.س376.9bر.س103.2bر.س6.2b36.4x60.6x3.7x
Mon, 18 Nov 2024ر.س399.3bر.س103.2bر.س6.2b37.7x64.2x3.9x
Wed, 16 Oct 2024ر.س420.3bر.س98.2bر.س5.5b36.7x76.1x4.3x
Fri, 13 Sep 2024ر.س386.4bر.س98.2bر.س5.5b40.5x69.9x3.9x
Sun, 11 Aug 2024ر.س384.7bر.س98.1bر.س6.1b40.1x63.2x3.9x
Tue, 09 Jul 2024ر.س359.9bر.س95.2bر.س5.3b41.1x67.8x3.8x
Thu, 06 Jun 2024ر.س385.0bر.س94.8bر.س5.3b36x73.3x4.1x
Sat, 04 May 2024ر.س402.8bر.س92.2bر.س5.1b37.5x79.1x4.4x
Mon, 01 Apr 2024ر.س360.1bر.س92.1bر.س5.2b35.4x69.8x3.9x
Wed, 28 Feb 2024ر.س300.3bر.س89.5bر.س7.1b37.2x42x3.4x
Fri, 26 Jan 2024ر.س284.8bر.س89.5bر.س7.1b32.6x39.9x3.2x
Sun, 24 Dec 2023ر.س287.7bر.س89.5bر.س7.1b29.3x40.3x3.2x
Tue, 21 Nov 2023ر.س258.9bر.س89.5bر.س7.1b26.4x36.2x2.9x
Thu, 19 Oct 2023ر.س260.5bر.س87.8bر.س7.8b23.3x33.5x3x
Sat, 16 Sep 2023ر.س246.8bر.س87.8bر.س7.8b25.9x31.7x2.8x
Mon, 14 Aug 2023ر.س250.6bر.س87.4bر.س9.0b29.1x27.8x2.9x
Wed, 12 Jul 2023ر.س257.8bر.س87.1bر.س9.0b30.5x28.5x3x
Fri, 09 Jun 2023ر.س234.2bر.س87.1bر.س9.0b29.4x25.9x2.7x
Sun, 07 May 2023ر.س242.6bر.س86.9bر.س10.0b27.8x24.2x2.8x
Tue, 04 Apr 2023ر.س225.9bر.س86.6bر.س10.0b25.9x22.5x2.6x
Price to Earnings Ratio

22.5x


Total Market Cap: ر.س225.9bTotal Earnings: ر.س10.0bTotal Revenue: ر.س86.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 6x202420252026
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 31.1x 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 Market0.31%
Utilities1.34%
Electric Utilities7.02%
Other Utilities3.92%
Gas Utilities3.71%
Water Utilities2.66%
Renewable Energy-1.71%
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 0.67x.
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?

CompanyLast Price7D1YValuation
5110 Saudi Energyر.س16.007.0%
+ر.س4.4b
0.3%PE16.6x
2083 Power and Water Utility Company for Jubail and Yanbuر.س30.763.9%
+ر.س290.0m
-33.0%PE17.1x
2080 National Gas and Industrializationر.س80.803.6%
+ر.س210.0m
-13.1%PE24.3x
2081 Alkhorayef Water and Power Technologiesر.س116.902.3%
+ر.س91.0m
-29.2%PE15.8x
2084 Miahonaر.س15.703.3%
+ر.س80.5m
-25.9%PE34.9x