Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedNov 20, 2025

DataAggregated Company Financials

Companies7

7D-2.7%
3M-5.3%
1Y-38.9%
YTD-40.5%

Over the last 7 days, the Utilities industry has dropped 2.7%, driven by ACWA Power declining 3.2%. The industry has fallen 39% in the last year. 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?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Sat, 22 Nov 2025	ر.س244.8b	ر.س120.8b	-ر.س181,522,031.00	43.3x	-1348.8x	2x
Mon, 20 Oct 2025	ر.س271.8b	ر.س117.7b	ر.س1.4b	46.3x	189.2x	2.3x
Wed, 17 Sep 2025	ر.س236.5b	ر.س117.7b	ر.س1.4b	42.2x	164.7x	2x
Fri, 15 Aug 2025	ر.س259.4b	ر.س112.2b	ر.س539.9m	48.8x	480.4x	2.3x
Sun, 13 Jul 2025	ر.س268.9b	ر.س112.0b	ر.س686.7m	53.7x	391.6x	2.4x
Tue, 10 Jun 2025	ر.س282.6b	ر.س112.0b	ر.س686.7m	49.6x	411.5x	2.5x
Thu, 08 May 2025	ر.س306.3b	ر.س107.2b	ر.س372.4m	70.7x	822.7x	2.9x
Sat, 05 Apr 2025	ر.س342.0b	ر.س107.1b	ر.س388.3m	68.1x	880.9x	3.2x
Mon, 03 Mar 2025	ر.س373.3b	ر.س103.1b	ر.س6.1b	33.3x	60.8x	3.6x
Wed, 29 Jan 2025	ر.س406.3b	ر.س103.2b	ر.س6.2b	35.4x	65.3x	3.9x
Fri, 27 Dec 2024	ر.س385.7b	ر.س103.2b	ر.س6.2b	36.2x	62x	3.7x
Sun, 24 Nov 2024	ر.س387.3b	ر.س103.2b	ر.س6.2b	37.9x	62.3x	3.8x
Tue, 22 Oct 2024	ر.س426.1b	ر.س98.2b	ر.س5.5b	37.2x	77.1x	4.3x
Thu, 19 Sep 2024	ر.س397.5b	ر.س98.2b	ر.س5.5b	40.2x	72x	4x
Sat, 17 Aug 2024	ر.س396.7b	ر.س98.2b	ر.س5.5b	39.3x	71.8x	4x
Mon, 15 Jul 2024	ر.س373.9b	ر.س95.2b	ر.س5.3b	41.8x	70.4x	3.9x
Wed, 12 Jun 2024	ر.س377.2b	ر.س95.2b	ر.س5.3b	42.9x	71x	4x
Fri, 10 May 2024	ر.س410.1b	ر.س92.2b	ر.س5.1b	40.6x	80.5x	4.4x
Sun, 07 Apr 2024	ر.س377.9b	ر.س92.1b	ر.س5.2b	35.6x	73.3x	4.1x
Tue, 05 Mar 2024	ر.س315.7b	ر.س89.7b	ر.س7.3b	37.4x	43.2x	3.5x
Thu, 01 Feb 2024	ر.س280.7b	ر.س89.5b	ر.س7.1b	32.7x	39.3x	3.1x
Sat, 30 Dec 2023	ر.س292.7b	ر.س89.5b	ر.س7.1b	31x	41x	3.3x
Mon, 27 Nov 2023	ر.س266.8b	ر.س89.5b	ر.س7.1b	26.9x	37.3x	3x
Wed, 25 Oct 2023	ر.س243.0b	ر.س87.8b	ر.س7.8b	22.1x	31.2x	2.8x
Fri, 22 Sep 2023	ر.س242.9b	ر.س87.8b	ر.س7.8b	24.8x	31.2x	2.8x
Sun, 20 Aug 2023	ر.س253.0b	ر.س87.7b	ر.س7.8b	28.5x	32.6x	2.9x
Tue, 18 Jul 2023	ر.س262.2b	ر.س87.1b	ر.س9.0b	30.9x	29x	3x
Thu, 15 Jun 2023	ر.س235.2b	ر.س87.1b	ر.س9.0b	28.5x	26x	2.7x
Sat, 13 May 2023	ر.س239.5b	ر.س86.9b	ر.س10.0b	27.5x	23.9x	2.8x
Mon, 10 Apr 2023	ر.س227.2b	ر.س86.7b	ر.س10.0b	27x	22.7x	2.6x
Wed, 08 Mar 2023	ر.س214.2b	ر.س85.8b	ر.س8.1b	25.3x	26.4x	2.5x
Fri, 03 Feb 2023	ر.س224.2b	ر.س85.8b	ر.س8.0b	25.5x	28x	2.6x
Sun, 01 Jan 2023	ر.س226.8b	ر.س85.8b	ر.س8.0b	25.1x	28.3x	2.6x
Tue, 29 Nov 2022	ر.س220.3b	ر.س85.7b	ر.س7.9b	25.3x	27.7x	2.6x

Price to Earnings Ratio

27.7x

Tue, 29 Nov 2022

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 3.2x is higher than the industry's current PS ratio of 2.0x.

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.