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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedMay 22, 2025
DataAggregated Company Financials
Companies7
  • 7D-5.9%
  • 3M-27.1%
  • 1Y-37.8%
  • YTD-28.1%

Over the last 7 days, the Utilities industry has dropped 5.9%, driven by ACWA Power declining 7.0%. Overall the industry is down 38% in 12 months. As for the next few years, earnings are expected to grow by 29% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 23 May 2025ر.س285.7bر.س111.9bر.س679.6m54.3x420.5x2.6x
Sun, 20 Apr 2025ر.س328.2bر.س107.1bر.س388.6m65.4x844.7x3.1x
Tue, 18 Mar 2025ر.س339.6bر.س107.0bر.س348.1m69.1x975.6x3.2x
Thu, 13 Feb 2025ر.س387.3bر.س103.2bر.س6.2b37.5x62.3x3.8x
Sat, 11 Jan 2025ر.س390.7bر.س103.2bر.س6.2b35.4x62.8x3.8x
Mon, 09 Dec 2024ر.س396.3bر.س103.2bر.س6.2b38.8x63.7x3.8x
Wed, 06 Nov 2024ر.س436.1bر.س98.4bر.س5.5b40.5x79x4.4x
Fri, 04 Oct 2024ر.س450.2bر.س98.2bر.س5.5b38.9x81.5x4.6x
Sun, 01 Sep 2024ر.س417.3bر.س98.2bر.س5.5b42.3x75.5x4.2x
Tue, 30 Jul 2024ر.س395.4bر.س95.2bر.س5.3b42.6x74.5x4.2x
Thu, 27 Jun 2024ر.س361.7bر.س95.2bر.س5.3b44x68.1x3.8x
Sat, 25 May 2024ر.س453.9bر.س94.7bر.س5.2b37.1x86.6x4.8x
Mon, 22 Apr 2024ر.س430.8bر.س92.1bر.س5.2b36.6x83.5x4.7x
Wed, 20 Mar 2024ر.س370.8bر.س91.8bر.س5.2b39.1x71.8x4x
Fri, 16 Feb 2024ر.س299.1bر.س89.5bر.س7.1b37.9x41.9x3.3x
Sun, 14 Jan 2024ر.س282.9bر.س89.5bر.س7.1b32x39.6x3.2x
Tue, 12 Dec 2023ر.س277.0bر.س89.5bر.س7.1b28x38.8x3.1x
Thu, 09 Nov 2023ر.س248.6bر.س88.0bر.س7.7b26.2x32.2x2.8x
Sat, 07 Oct 2023ر.س235.7bر.س87.8bر.س7.8b24.4x30.3x2.7x
Mon, 04 Sep 2023ر.س254.0bر.س87.8bر.س7.8b27.3x32.6x2.9x
Wed, 02 Aug 2023ر.س254.6bر.س87.1bر.س9.0b29.2x28.2x2.9x
Fri, 30 Jun 2023ر.س242.5bر.س87.1bر.س9.0b28.6x26.9x2.8x
Sun, 28 May 2023ر.س229.8bر.س86.9bر.س8.9b27.3x25.7x2.6x
Tue, 25 Apr 2023ر.س236.4bر.س86.9bر.س10.0b26.8x23.6x2.7x
Thu, 23 Mar 2023ر.س215.9bر.س86.6bر.س17.6b24.7x12.2x2.5x
Sat, 18 Feb 2023ر.س221.7bر.س85.8bر.س8.0b25.2x27.7x2.6x
Mon, 16 Jan 2023ر.س235.9bر.س85.8bر.س8.0b26.4x29.4x2.8x
Wed, 14 Dec 2022ر.س220.3bر.س85.8bر.س8.0b24x27.5x2.6x
Fri, 11 Nov 2022ر.س223.0bر.س78.4bر.س8.0b27.6x28x2.8x
Sun, 09 Oct 2022ر.س237.0bر.س78.3bر.س7.6b32.3x31.1x3x
Tue, 06 Sep 2022ر.س231.1bر.س78.3bر.س7.6b28x30.3x3x
Thu, 04 Aug 2022ر.س236.8bر.س77.4bر.س7.8b29.5x30.4x3.1x
Sat, 02 Jul 2022ر.س216.4bر.س77.4bر.س7.8b28x27.7x2.8x
Mon, 30 May 2022ر.س215.5bر.س77.4bر.س7.8b29.1x27.6x2.8x
Price to Earnings Ratio

27.6x


Total Market Cap: ر.س215.5bTotal Earnings: ر.س7.8bTotal Revenue: ر.س77.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 91.8x202320242025
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 420x which is higher than its 3-year average PE of 91.4x.
  • The 3-year average PS ratio of 3.3x is higher than the industry's current PS ratio of 2.6x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have declined 56% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% 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-0.79%
Utilities-5.90%
Water Utilities3.73%
Electric Utilities-0.55%
Gas Utilities-2.38%
Other Utilities-3.16%
Renewable Energy-7.99%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 69.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Electric Utilities industry, expecting annual earnings growth of 56% over the next 5 years.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 16% 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 Electricityر.س14.460.7%
+ر.س416.7m
-18.9%PS0.7x
2084 Miahonaر.س25.603.0%
+ر.س119.1m
n/aPE49.9x
9516 Natural Gas Distributionر.س47.006.8%
+ر.س15.0m
8.0%PE62.4x
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