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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedApr 14, 2026
DataAggregated Company Financials
Companies7
  • 7D1.5%
  • 3M4.4%
  • 1Y-34.4%
  • YTD-0.7%

Over the last 7 days, the Utilities industry has remained flat. Unfortunately though, the industry is down 35% over the past 12 months. Earnings are forecast to grow by 28% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 14 Apr 2026ر.س222.6bر.س123.2bر.س6.9b18.1x32.2x1.8x
Thu, 12 Mar 2026ر.س209.7bر.س123.0bر.س15.9b23.6x13.2x1.7x
Sat, 07 Feb 2026ر.س224.4bر.س120.8b-ر.س181,522,031.0033.3x-1236.5x1.9x
Mon, 05 Jan 2026ر.س219.0bر.س120.8b-ر.س181,522,031.0037x-1206.5x1.8x
Wed, 03 Dec 2025ر.س229.9bر.س120.8b-ر.س181,522,031.0039.8x-1266.7x1.9x
Fri, 31 Oct 2025ر.س279.4bر.س117.7bر.س1.4b43x194.5x2.4x
Sun, 28 Sep 2025ر.س248.3bر.س117.7bر.س1.4b43.5x172.9x2.1x
Tue, 26 Aug 2025ر.س258.9bر.س117.7bر.س1.4b50x180.4x2.2x
Thu, 24 Jul 2025ر.س255.7bر.س112.0bر.س686.7m50.6x372.4x2.3x
Sat, 21 Jun 2025ر.س257.0bر.س112.0bر.س686.7m46.9x374.3x2.3x
Mon, 19 May 2025ر.س300.2bر.س111.7bر.س664.5m54.5x451.8x2.7x
Wed, 16 Apr 2025ر.س327.8bر.س107.1bر.س388.3m69.2x844.3x3.1x
Fri, 14 Mar 2025ر.س333.7bر.س107.0bر.س9.1b62.1x36.5x3.1x
Sun, 09 Feb 2025ر.س392.3bر.س103.2bر.س6.2b34.9x63.1x3.8x
Tue, 07 Jan 2025ر.س390.7bر.س103.2bر.س6.2b36.3x62.8x3.8x
Thu, 05 Dec 2024ر.س397.4bر.س103.2bر.س6.2b38.8x63.9x3.9x
Sat, 02 Nov 2024ر.س438.6bر.س98.4bر.س5.5b40.2x79.4x4.5x
Mon, 30 Sep 2024ر.س460.0bر.س98.2bر.س5.5b40.9x83.3x4.7x
Wed, 28 Aug 2024ر.س413.6bر.س98.2bر.س5.5b41.8x74.9x4.2x
Fri, 26 Jul 2024ر.س386.0bر.س95.2bر.س5.3b42.9x72.7x4.1x
Sun, 23 Jun 2024ر.س342.5bر.س95.2bر.س5.3b42.1x64.5x3.6x
Tue, 21 May 2024ر.س449.1bر.س94.7bر.س5.5b37.2x81.1x4.7x
Thu, 18 Apr 2024ر.س420.0bر.س92.1bر.س5.2b36.3x81.4x4.6x
Sat, 16 Mar 2024ر.س352.6bر.س91.7bر.س12.9b40.1x27.4x3.8x
Mon, 12 Feb 2024ر.س289.4bر.س89.5bر.س7.1b35.3x40.5x3.2x
Wed, 10 Jan 2024ر.س284.0bر.س89.5bر.س7.1b32x39.8x3.2x
Fri, 08 Dec 2023ر.س270.8bر.س89.5bر.س7.1b26.6x37.9x3x
Sun, 05 Nov 2023ر.س252.0bر.س88.1bر.س7.8b23.4x32.2x2.9x
Tue, 03 Oct 2023ر.س243.3bر.س87.8bر.س7.8b24.9x31.3x2.8x
Thu, 31 Aug 2023ر.س262.1bر.س87.8bر.س7.8b27.7x33.7x3x
Sat, 29 Jul 2023ر.س260.1bر.س87.1bر.س9.0b29.6x28.8x3x
Mon, 26 Jun 2023ر.س242.5bر.س87.1bر.س9.0b28.6x26.9x2.8x
Wed, 24 May 2023ر.س231.5bر.س86.7bر.س9.0b28.2x25.9x2.7x
Fri, 21 Apr 2023ر.س236.4bر.س86.9bر.س10.0b26.8x23.6x2.7x
Price to Earnings Ratio

23.6x


Total Market Cap: ر.س236.4bTotal Earnings: ر.س10.0bTotal Revenue: ر.س86.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 6.2x202420252026
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 32.3x which is higher than its 3-year average PE of 6.2x.
  • The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.8x.
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 Market0.89%
Utilities1.55%
Electric Utilities2.52%
Renewable Energy1.27%
Other Utilities1.15%
Gas Utilities-0.22%
Water Utilities-1.17%
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 Other Utilities industry, which is trading below its 3-year average of 110x.
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 Renewable Energy industry is expected to see its earnings grow by 27% 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.س173.007.7%
+ر.س9.4b
-46.9%PE71.6x
5110 Saudi Energyر.س17.655.1%
+ر.س3.5b
18.0%PE18.3x
2083 Power and Water Utility Company for Jubail and Yanbuر.س31.824.9%
+ر.س375.0m
-28.0%PE17.7x
2084 Miahonaر.س17.383.1%
+ر.س85.3m
-25.2%PE38.6x
2081 Alkhorayef Water and Power Technologiesر.س116.201.7%
+ر.س66.5m
-27.0%PE15.9x