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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedMar 09, 2026
DataAggregated Company Financials
Companies7
  • 7D8.1%
  • 3M-8.5%
  • 1Y-42.2%
  • YTD-6.4%

The Utilities industry is up 8.1% in the last week, with Saudi Energy up 5.8%. However, the industry is down 42% over the past year. As for the next few years, earnings are expected to grow by 22% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 09 Mar 2026ر.س210.0bر.س123.0bر.س15.9b24.3x13.2x1.7x
Wed, 04 Feb 2026ر.س226.6bر.س120.8b-ر.س181,522,031.0034.1x-1248.5x1.9x
Fri, 02 Jan 2026ر.س224.5bر.س120.8b-ر.س181,522,031.0037.8x-1236.7x1.9x
Sun, 30 Nov 2025ر.س228.8bر.س120.8b-ر.س181,522,031.0041.5x-1260.3x1.9x
Tue, 28 Oct 2025ر.س273.9bر.س117.7bر.س1.4b43.4x190.7x2.3x
Thu, 25 Sep 2025ر.س257.0bر.س117.7bر.س1.4b45x178.9x2.2x
Sat, 23 Aug 2025ر.س258.4bر.س117.7bر.س1.5b49.6x178x2.2x
Mon, 21 Jul 2025ر.س261.9bر.س112.0bر.س686.7m52x381.4x2.3x
Wed, 18 Jun 2025ر.س264.2bر.س112.0bر.س686.7m48.5x384.8x2.4x
Fri, 16 May 2025ر.س302.1bر.س108.0bر.س551.7m78.3x547.5x2.8x
Sun, 13 Apr 2025ر.س330.8bر.س107.1bر.س388.3m65.2x852.1x3.1x
Tue, 11 Mar 2025ر.س341.2bر.س103.1bر.س6.1b31.7x55.6x3.3x
Thu, 06 Feb 2025ر.س389.5bر.س103.2bر.س6.2b34.9x62.6x3.8x
Sat, 04 Jan 2025ر.س395.2bر.س103.2bر.س6.2b37.3x63.6x3.8x
Mon, 02 Dec 2024ر.س377.9bر.س103.2bر.س6.2b38.6x60.8x3.7x
Wed, 30 Oct 2024ر.س430.5bر.س98.2bر.س5.5b37.9x77.9x4.4x
Fri, 27 Sep 2024ر.س458.4bر.س98.2bر.س5.5b41.2x83x4.7x
Sun, 25 Aug 2024ر.س412.7bر.س98.2bر.س5.5b40.5x74.7x4.2x
Tue, 23 Jul 2024ر.س387.9bر.س95.2bر.س5.3b43.8x73.1x4.1x
Thu, 20 Jun 2024ر.س342.5bر.س95.2bر.س5.3b42.1x64.5x3.6x
Sat, 18 May 2024ر.س438.6bر.س94.6bر.س5.5b38.1x79.3x4.6x
Mon, 15 Apr 2024ر.س377.9bر.س92.1bر.س5.2b35.8x73.3x4.1x
Wed, 13 Mar 2024ر.س331.6bر.س91.7bر.س12.9b40.2x25.7x3.6x
Fri, 09 Feb 2024ر.س288.9bر.س89.5bر.س7.1b34.6x40.4x3.2x
Sun, 07 Jan 2024ر.س284.4bر.س89.5bر.س7.1b31.6x39.8x3.2x
Tue, 05 Dec 2023ر.س263.2bر.س89.5bر.س7.1b26.6x36.8x2.9x
Thu, 02 Nov 2023ر.س261.7bر.س87.8bر.س7.8b23.8x33.6x3x
Sat, 30 Sep 2023ر.س246.6bر.س87.8bر.س7.8b25.4x31.7x2.8x
Mon, 28 Aug 2023ر.س253.7bر.س87.8bر.س7.8b28.3x32.6x2.9x
Wed, 26 Jul 2023ر.س263.5bر.س87.1bر.س9.0b30.1x29.2x3x
Fri, 23 Jun 2023ر.س241.7bر.س87.1bر.س9.0b28.8x26.8x2.8x
Sun, 21 May 2023ر.س232.6bر.س86.7bر.س9.0b27.4x25.9x2.7x
Tue, 18 Apr 2023ر.س234.9bر.س86.9bر.س10.0b26.8x23.4x2.7x
Thu, 16 Mar 2023ر.س210.0bر.س85.8bر.س8.1b25.7x25.9x2.4x
Price to Earnings Ratio

25.9x


Total Market Cap: ر.س210.0bTotal Earnings: ر.س8.1bTotal Revenue: ر.س85.8bTotal 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 13.2x 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 grown 25% per year over the last three years.
  • Revenues for these companies have grown 13% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Saudi Arabian Utilities sector?

SA Market4.72%
Utilities8.13%
Other Utilities10.60%
Renewable Energy8.56%
Gas Utilities7.62%
Electric Utilities7.50%
Water Utilities2.97%
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 30.1%, 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 0.70x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 5.4% per year.
  • In contrast, the Electric Utilities industry is expected to see its earnings grow by 4.0% 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.س14.305.8%
+ر.س3.3b
-11.2%PE4.6x
2082 ACWA Powerر.س164.202.1%
+ر.س2.6b
-51.6%PE67.9x
2083 Power and Water Utility Company for Jubail and Yanbuر.س32.108.8%
+ر.س650.0m
-30.7%PE17.9x
2080 National Gas and Industrializationر.س77.704.1%
+ر.س228.8m
-15.9%PE23.7x
2084 Miahonaر.س14.701.4%
+ر.س32.2m
-27.9%PE33.8x