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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedMar 01, 2026
DataAggregated Company Financials
Companies7
  • 7D-3.4%
  • 3M-10.9%
  • 1Y-46.9%
  • YTD-9.2%

Over the last 7 days, the Utilities industry has dropped 3.4%, driven by a pullback from ACWA Power of 4.7%. In contrast, Power and Water Utility Company for Jubail and Yanbu has gained 6.0%. However, the industry is down 47% over the past year. 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
Sun, 01 Mar 2026ر.س203.9bر.س120.8b-ر.س181,522,031.0031.5x-1123.4x1.7x
Tue, 27 Jan 2026ر.س227.5bر.س120.8b-ر.س181,522,031.0036.3x-1253.4x1.9x
Thu, 25 Dec 2025ر.س224.6bر.س120.8b-ر.س181,522,031.0038.1x-1237.6x1.9x
Sat, 22 Nov 2025ر.س244.8bر.س120.8b-ر.س181,522,031.0043.4x-1348.6x2x
Mon, 20 Oct 2025ر.س271.8bر.س117.7bر.س1.4b46.3x189.2x2.3x
Wed, 17 Sep 2025ر.س236.5bر.س117.7bر.س1.4b42.2x164.7x2x
Fri, 15 Aug 2025ر.س259.4bر.س112.2bر.س539.9m48.8x480.4x2.3x
Sun, 13 Jul 2025ر.س268.9bر.س112.0bر.س686.7m53.7x391.6x2.4x
Tue, 10 Jun 2025ر.س282.6bر.س112.0bر.س686.7m49.6x411.5x2.5x
Thu, 08 May 2025ر.س306.3bر.س107.2bر.س372.4m70.7x822.7x2.9x
Sat, 05 Apr 2025ر.س342.0bر.س107.1bر.س388.3m68.1x880.9x3.2x
Mon, 03 Mar 2025ر.س373.3bر.س103.1bر.س6.1b33.3x60.8x3.6x
Wed, 29 Jan 2025ر.س406.3bر.س103.2bر.س6.2b35.4x65.3x3.9x
Fri, 27 Dec 2024ر.س385.7bر.س103.2bر.س6.2b36.2x62x3.7x
Sun, 24 Nov 2024ر.س387.3bر.س103.2bر.س6.2b37.9x62.3x3.8x
Tue, 22 Oct 2024ر.س426.1bر.س98.2bر.س5.5b37.2x77.1x4.3x
Thu, 19 Sep 2024ر.س397.5bر.س98.2bر.س5.5b40.2x72x4x
Sat, 17 Aug 2024ر.س396.7bر.س98.2bر.س5.5b39.3x71.8x4x
Mon, 15 Jul 2024ر.س373.9bر.س95.2bر.س5.3b41.8x70.4x3.9x
Wed, 12 Jun 2024ر.س377.2bر.س95.2bر.س5.3b42.9x71x4x
Fri, 10 May 2024ر.س410.1bر.س92.2bر.س5.1b40.6x80.5x4.4x
Sun, 07 Apr 2024ر.س377.9bر.س92.1bر.س5.2b35.6x73.3x4.1x
Tue, 05 Mar 2024ر.س315.7bر.س89.7bر.س7.3b37.4x43.2x3.5x
Thu, 01 Feb 2024ر.س280.7bر.س89.5bر.س7.1b32.7x39.3x3.1x
Sat, 30 Dec 2023ر.س292.7bر.س89.5bر.س7.1b31x41x3.3x
Mon, 27 Nov 2023ر.س266.8bر.س89.5bر.س7.1b26.9x37.3x3x
Wed, 25 Oct 2023ر.س243.0bر.س87.8bر.س7.8b22.1x31.2x2.8x
Fri, 22 Sep 2023ر.س242.9bر.س87.8bر.س7.8b24.8x31.2x2.8x
Sun, 20 Aug 2023ر.س253.0bر.س87.7bر.س7.8b28.5x32.6x2.9x
Tue, 18 Jul 2023ر.س262.2bر.س87.1bر.س9.0b30.9x29x3x
Thu, 15 Jun 2023ر.س235.2bر.س87.1bر.س9.0b28.5x26x2.7x
Sat, 13 May 2023ر.س239.5bر.س86.9bر.س10.0b27.5x23.9x2.8x
Mon, 10 Apr 2023ر.س227.2bر.س86.7bر.س10.0b27x22.7x2.6x
Wed, 08 Mar 2023ر.س214.2bر.س85.8bر.س8.1b25.3x26.4x2.5x
Price to Earnings Ratio

26.4x


Total Market Cap: ر.س214.2bTotal Earnings: ر.س8.1bTotal Revenue: ر.س85.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 7x202420252026
Current Industry PE
  • Investors are pessimistic on the Saudi Utilities industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Utilities industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues 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 Market-2.62%
Utilities-3.41%
Other Utilities5.97%
Electric Utilities-1.53%
Water Utilities-2.85%
Gas Utilities-4.46%
Renewable Energy-4.71%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 109x.
    • 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 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
2083 Power and Water Utility Company for Jubail and Yanbuر.س31.266.0%
+ر.س440.0m
-35.9%PE276.1x
2084 Miahonaر.س15.610.7%
+ر.س17.7m
-37.5%PE35.9x