Investors Interested In The Power and Water Utility Company for Jubail and Yanbu's (TADAWUL:2083) Earnings
Nov 13
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Saudi Arabian (Tadawul) Utilities Sector Analysis
UpdatedNov 19, 2024
DataAggregated Company Financials
Companies7
- 7D-2.5%
- 3M-3.5%
- 1Y50.4%
- YTD33.3%
Over the last 7 days, the Utilities industry has dropped 2.5%, driven by ACWA Power declining 2.7%. Over the past 12 months, the industry was up 50%. As for the next few years, earnings are expected to grow by 19% 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 |
|---|---|---|---|---|---|---|
| Tue, 19 Nov 2024 | ر.س394.3b | ر.س103.2b | ر.س6.2b | 39x | 63.4x | 3.8x |
| Thu, 17 Oct 2024 | ر.س422.3b | ر.س98.2b | ر.س5.5b | 36.8x | 76.5x | 4.3x |
| Sat, 14 Sep 2024 | ر.س385.9b | ر.س98.2b | ر.س5.5b | 40.5x | 69.9x | 3.9x |
| Mon, 12 Aug 2024 | ر.س384.7b | ر.س98.1b | ر.س6.1b | 39.9x | 63.2x | 3.9x |
| Wed, 10 Jul 2024 | ر.س368.0b | ر.س95.2b | ر.س5.3b | 40.6x | 69.3x | 3.9x |
| Fri, 07 Jun 2024 | ر.س377.1b | ر.س95.2b | ر.س5.3b | 36.7x | 71x | 4x |
| Sun, 05 May 2024 | ر.س402.8b | ر.س92.2b | ر.س5.1b | 37.5x | 79.1x | 4.4x |
| Tue, 02 Apr 2024 | ر.س365.9b | ر.س92.1b | ر.س5.2b | 35.6x | 71x | 4x |
| Thu, 29 Feb 2024 | ر.س302.0b | ر.س89.5b | ر.س7.1b | 37.1x | 42.3x | 3.4x |
| Sat, 27 Jan 2024 | ر.س284.8b | ر.س89.5b | ر.س7.1b | 32.6x | 39.9x | 3.2x |
| Mon, 25 Dec 2023 | ر.س288.2b | ر.س89.5b | ر.س7.1b | 29.4x | 40.3x | 3.2x |
| Wed, 22 Nov 2023 | ر.س258.9b | ر.س89.5b | ر.س7.1b | 26.4x | 36.2x | 2.9x |
| Fri, 20 Oct 2023 | ر.س249.8b | ر.س87.8b | ر.س7.8b | 22.9x | 32.1x | 2.8x |
| Sun, 17 Sep 2023 | ر.س246.8b | ر.س87.8b | ر.س7.8b | 25.9x | 31.7x | 2.8x |
| Tue, 15 Aug 2023 | ر.س254.0b | ر.س87.4b | ر.س9.0b | 28.9x | 28.2x | 2.9x |
| Thu, 13 Jul 2023 | ر.س258.8b | ر.س87.1b | ر.س9.0b | 30.8x | 28.6x | 3x |
| Sat, 10 Jun 2023 | ر.س234.1b | ر.س87.1b | ر.س9.0b | 29.4x | 25.9x | 2.7x |
| Mon, 08 May 2023 | ر.س242.6b | ر.س86.9b | ر.س10.0b | 27.5x | 24.2x | 2.8x |
| Wed, 05 Apr 2023 | ر.س227.3b | ر.س86.6b | ر.س10.0b | 25.8x | 22.7x | 2.6x |
| Fri, 03 Mar 2023 | ر.س213.0b | ر.س85.8b | ر.س8.0b | 25.2x | 26.6x | 2.5x |
| Sun, 29 Jan 2023 | ر.س230.1b | ر.س85.8b | ر.س8.0b | 25.9x | 28.7x | 2.7x |
| Tue, 27 Dec 2022 | ر.س224.3b | ر.س85.8b | ر.س8.0b | 24.7x | 28x | 2.6x |
| Thu, 24 Nov 2022 | ر.س229.4b | ر.س85.7b | ر.س7.9b | 25.3x | 28.9x | 2.7x |
| Sat, 22 Oct 2022 | ر.س242.3b | ر.س78.3b | ر.س7.6b | 30.8x | 31.8x | 3.1x |
| Mon, 19 Sep 2022 | ر.س219.8b | ر.س78.3b | ر.س7.6b | 27.6x | 28.8x | 2.8x |
| Wed, 17 Aug 2022 | ر.س242.7b | ر.س77.4b | ر.س7.9b | 31x | 30.8x | 3.1x |
| Fri, 15 Jul 2022 | ر.س211.7b | ر.س77.4b | ر.س7.8b | 27.3x | 27.1x | 2.7x |
| Sun, 12 Jun 2022 | ر.س218.4b | ر.س77.4b | ر.س7.8b | 29.3x | 28x | 2.8x |
| Tue, 10 May 2022 | ر.س223.1b | ر.س77.3b | ر.س7.9b | 29.1x | 28.1x | 2.9x |
| Thu, 07 Apr 2022 | ر.س251.3b | ر.س77.3b | ر.س7.9b | 25.6x | 31.6x | 3.3x |
| Sat, 05 Mar 2022 | ر.س201.2b | ر.س82.0b | ر.س13.2b | 19.9x | 15.3x | 2.5x |
| Mon, 31 Jan 2022 | ر.س188.8b | ر.س82.0b | ر.س13.2b | n/a | 14.3x | 2.3x |
| Wed, 29 Dec 2021 | ر.س163.3b | ر.س82.0b | ر.س13.2b | 21.2x | 12.4x | 2x |
| Fri, 26 Nov 2021 | ر.س163.9b | ر.س82.0b | ر.س13.2b | 20.7x | 12.5x | 2x |
Price to Earnings Ratio
12.5x
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 63.4x which is higher than its 3-year average PE of 38.1x.
- The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Utilities industry have declined 22% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.0% 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 | -1.34% | |
| Utilities | -2.54% | |
| Other Utilities | -1.72% | |
| Electric Utilities | -1.76% | |
| Renewable Energy | -2.68% | |
| Gas Utilities | -3.44% | |
| Water Utilities | -4.05% | |
Industry PE
- Investors are most optimistic about the Renewable Energy industry which is trading above its 3-year average PE ratio of 127x.
- Analysts are expecting annual earnings growth of 16.6%, which is lower than the prior year's growth of 21.3% 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 17.2x.
Forecasted Growth
- Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 31% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the Renewable Energy industry is expected to see its earnings grow by 17% 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 | |
|---|---|---|---|---|---|
| 5110 Saudi Electricity | ر.س16.98 | 0.6% +ر.س416.7m | -8.2% | PE20x |
