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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedMar 05, 2026
DataAggregated Company Financials
Companies7
  • 7D-1.7%
  • 3M-11.1%
  • 1Y-42.8%
  • YTD-9.0%

Over the last 7 days, the Utilities industry has dropped 1.7%, driven by ACWA Power declining 3.7%. However, the industry is down 43% over the past year. Looking forward, earnings are forecast to grow by 33% annually.

Sector Valuation and Performance

Has the Saudi Arabian Utilities Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026ر.س204.2bر.س120.9bر.س239.6m25.2x852.5x1.7x
Sat, 31 Jan 2026ر.س225.7bر.س120.8b-ر.س181,522,031.0034.7x-1243.2x1.9x
Mon, 29 Dec 2025ر.س221.8bر.س120.8b-ر.س181,522,031.0036x-1222.1x1.8x
Wed, 26 Nov 2025ر.س233.7bر.س120.8b-ر.س181,522,031.0042.4x-1287.4x1.9x
Fri, 24 Oct 2025ر.س276.8bر.س117.7bر.س1.4b43.5x192.7x2.4x
Sun, 21 Sep 2025ر.س247.6bر.س117.7bر.س1.4b42.7x172.4x2.1x
Tue, 19 Aug 2025ر.س258.7bر.س117.6bر.س1.5b47.7x177.8x2.2x
Thu, 17 Jul 2025ر.س261.9bر.س112.0bر.س686.7m52.1x381.4x2.3x
Sat, 14 Jun 2025ر.س268.8bر.س112.0bر.س686.7m49x391.4x2.4x
Mon, 12 May 2025ر.س307.1bر.س108.0bر.س577.3m69.8x532x2.8x
Wed, 09 Apr 2025ر.س326.3bر.س107.1bر.س388.3m62.9x840.4x3x
Fri, 07 Mar 2025ر.س347.5bر.س103.1bر.س6.1b33x56.6x3.4x
Sun, 02 Feb 2025ر.س401.4bر.س103.2bر.س6.2b35.1x64.6x3.9x
Tue, 31 Dec 2024ر.س398.9bر.س103.2bر.س6.2b36.9x64.1x3.9x
Thu, 28 Nov 2024ر.س364.4bر.س103.2bر.س6.2b38.1x58.6x3.5x
Sat, 26 Oct 2024ر.س413.8bر.س98.2bر.س5.5b36.8x74.9x4.2x
Mon, 23 Sep 2024ر.س400.7bر.س98.2bر.س5.5b40.2x72.5x4.1x
Wed, 21 Aug 2024ر.س408.4bر.س98.2bر.س5.5b39.9x73.9x4.2x
Fri, 19 Jul 2024ر.س395.7bر.س95.2bر.س5.3b43.3x74.5x4.2x
Sun, 16 Jun 2024ر.س342.5bر.س95.2bر.س5.3b42.1x64.5x3.6x
Tue, 14 May 2024ر.س409.9bر.س92.1bر.س5.1b39.6x80.1x4.4x
Thu, 11 Apr 2024ر.س377.9bر.س92.1bر.س5.2b35.6x73.3x4.1x
Sat, 09 Mar 2024ر.س329.1bر.س91.7bر.س12.9b40.8x25.5x3.6x
Mon, 05 Feb 2024ر.س282.5bر.س89.5bر.س7.1b32.9x39.6x3.2x
Wed, 03 Jan 2024ر.س293.0bر.س89.5bر.س7.1b31.5x41x3.3x
Fri, 01 Dec 2023ر.س265.9bر.س89.5bر.س7.1b26.8x37.2x3x
Sun, 29 Oct 2023ر.س252.2bر.س87.8bر.س7.8b21.9x32.4x2.9x
Tue, 26 Sep 2023ر.س243.4bر.س87.8bر.س7.8b24.7x31.3x2.8x
Thu, 24 Aug 2023ر.س253.4bر.س87.8bر.س7.8b28.3x32.6x2.9x
Sat, 22 Jul 2023ر.س266.6bر.س87.1bر.س9.0b30.3x29.5x3.1x
Mon, 19 Jun 2023ر.س236.5bر.س87.1bر.س9.0b28.8x26.2x2.7x
Wed, 17 May 2023ر.س231.4bر.س86.9bر.س10.0b26.9x23.1x2.7x
Fri, 14 Apr 2023ر.س229.3bر.س86.9bر.س10.0b26.4x22.9x2.6x
Sun, 12 Mar 2023ر.س216.6bر.س85.8bر.س8.1b25.6x26.7x2.5x
Price to Earnings Ratio

26.7x


Total Market Cap: ر.س216.6bTotal Earnings: ر.س8.1bTotal Revenue: ر.س85.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 4.7x202420252026
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 852x which is higher than its 3-year average PE of 4.7x.
  • 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 69% 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 Market0.30%
Utilities-1.73%
Gas Utilities3.11%
Electric Utilities2.18%
Water Utilities-0.87%
Other Utilities-1.92%
Renewable Energy-3.71%
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 29.6%, which is higher than its past year's earnings decline of 2.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 43% 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
2082 ACWA Powerر.س170.402.7%
+ر.س3.4b
-50.6%PE70.5x
5110 Saudi Energyر.س14.225.0%
+ر.س2.8b
-10.9%PS0.6x
2080 National Gas and Industrializationر.س78.800.1%
+ر.س7.5m
-15.1%PE24.1x