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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedJan 10, 2026
DataAggregated Company Financials
Companies7
  • 7D-5.6%
  • 3M-17.0%
  • 1Y-47.6%
  • YTD-5.6%

Over the last 7 days, the Utilities industry has dropped 5.6%, driven by ACWA Power declining 7.2%. Overall the industry is down 48% in 12 months. As for the next few years, earnings are expected to grow by 34% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 10 Jan 2026ر.س211.9bر.س120.8b-ر.س181,522,031.0037x-1167.3x1.8x
Mon, 08 Dec 2025ر.س230.1bر.س120.8b-ر.س181,522,031.0039.7x-1267.9x1.9x
Wed, 05 Nov 2025ر.س264.7bر.س117.7bر.س1.5b45.1x180.4x2.2x
Fri, 03 Oct 2025ر.س252.2bر.س117.7bر.س1.4b44.1x175.6x2.1x
Sun, 31 Aug 2025ر.س247.6bر.س117.7bر.س1.4b49.4x172.6x2.1x
Tue, 29 Jul 2025ر.س248.0bر.س112.0bر.س686.7m51.2x361.2x2.2x
Thu, 26 Jun 2025ر.س266.6bر.س112.0bر.س686.7m54.9x388.2x2.4x
Sat, 24 May 2025ر.س285.2bر.س112.0bر.س662.9m56.1x430.3x2.5x
Mon, 21 Apr 2025ر.س328.2bر.س107.1bر.س388.6m65.3x844.7x3.1x
Wed, 19 Mar 2025ر.س335.3bر.س107.0bر.س348.1m65.7x963.3x3.1x
Fri, 14 Feb 2025ر.س390.9bر.س103.2bر.س6.2b36.6x62.9x3.8x
Sun, 12 Jan 2025ر.س390.7bر.س103.2bر.س6.2b35.4x62.8x3.8x
Tue, 10 Dec 2024ر.س391.5bر.س103.2bر.س6.2b39x62.9x3.8x
Thu, 07 Nov 2024ر.س438.0bر.س98.4bر.س5.5b40.2x79.3x4.5x
Sat, 05 Oct 2024ر.س449.4bر.س98.2bر.س5.5b38.9x81.4x4.6x
Mon, 02 Sep 2024ر.س417.3bر.س98.2bر.س5.5b42.1x75.5x4.2x
Wed, 31 Jul 2024ر.س391.5bر.س95.2bر.س5.3b43x73.7x4.1x
Fri, 28 Jun 2024ر.س362.0bر.س95.2bر.س5.3b45.1x68.2x3.8x
Sun, 26 May 2024ر.س453.9bر.س94.8bر.س5.3b35.7x86.4x4.8x
Tue, 23 Apr 2024ر.س430.8bر.س92.1bر.س5.2b36.6x83.5x4.7x
Thu, 21 Mar 2024ر.س372.4bر.س91.8bر.س5.2b38.9x72.2x4.1x
Sat, 17 Feb 2024ر.س299.1bر.س89.5bر.س7.1b37.9x41.9x3.3x
Mon, 15 Jan 2024ر.س278.2bر.س89.5bر.س7.1b31.6x39x3.1x
Wed, 13 Dec 2023ر.س283.1bر.س89.5bر.س7.1b28.9x39.6x3.2x
Fri, 10 Nov 2023ر.س248.7bر.س88.3bر.س7.7b24.7x32.2x2.8x
Sun, 08 Oct 2023ر.س235.7bر.س87.8bر.س7.8b24.4x30.3x2.7x
Tue, 05 Sep 2023ر.س257.5bر.س87.8bر.س7.8b27.1x33.1x2.9x
Thu, 03 Aug 2023ر.س251.3bر.س87.1bر.س9.0b29.6x27.8x2.9x
Sat, 01 Jul 2023ر.س242.5bر.س87.1bر.س9.0b28.6x26.9x2.8x
Mon, 29 May 2023ر.س229.8bر.س86.9bر.س8.9b27.3x25.7x2.6x
Wed, 26 Apr 2023ر.س237.4bر.س86.9bر.س10.0b27.3x23.7x2.7x
Fri, 24 Mar 2023ر.س217.3bر.س86.6bر.س17.6b25x12.3x2.5x
Sun, 19 Feb 2023ر.س221.7bر.س85.8bر.س8.0b25.2x27.7x2.6x
Tue, 17 Jan 2023ر.س234.3bر.س85.8bر.س8.0b26.2x29.2x2.7x
Price to Earnings Ratio

29.2x


Total Market Cap: ر.س234.3bTotal Earnings: ر.س8.0bTotal Revenue: ر.س85.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 63.3x202420252026
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 1.8x.
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-0.84%
Utilities-5.62%
Electric Utilities-1.75%
Gas Utilities-3.99%
Other Utilities-5.54%
Renewable Energy-7.17%
Water Utilities-8.44%
Industry PE
  • Investors are most optimistic about the Other Utilities industry which is trading above its 3-year average PE ratio of 96.6x.
    • 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 54% over the next 5 years.
  • In contrast, the Water Utilities industry is expected to see its earnings grow by 12% 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
9516 Natural Gas Distributionر.س29.883.0%
+ر.س4.4m
-52.4%PE33x

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