Header cover image

Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedApr 16, 2026
DataAggregated Company Financials
Companies7
  • 7D2.6%
  • 3M6.3%
  • 1Y-33.0%
  • YTD2.5%

The Utilities industry is up 6.5% in the last week, with Saudi Energy up 5.4%. In contrast, the industry has lost 33% in the last 12 months. Looking forward, 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
Thu, 16 Apr 2026ر.س228.9bر.س123.2bر.س6.9b18.8x33.2x1.9x
Sat, 14 Mar 2026ر.س209.2bر.س123.0bر.س6.9b23.3x30.3x1.7x
Mon, 09 Feb 2026ر.س226.7bر.س120.8b-ر.س181,522,031.0033.2x-1248.6x1.9x
Wed, 07 Jan 2026ر.س209.8bر.س120.8b-ر.س181,522,031.0036.9x-1155.9x1.7x
Fri, 05 Dec 2025ر.س229.8bر.س120.8b-ر.س181,522,031.0039.4x-1266.1x1.9x
Sun, 02 Nov 2025ر.س278.4bر.س117.7bر.س1.4b43x193.9x2.4x
Tue, 30 Sep 2025ر.س250.3bر.س117.7bر.س1.4b43.4x174.3x2.1x
Thu, 28 Aug 2025ر.س251.7bر.س117.7bر.س1.4b49.7x175.4x2.1x
Sat, 26 Jul 2025ر.س253.1bر.س112.0bر.س686.7m50.8x368.5x2.3x
Mon, 23 Jun 2025ر.س257.0bر.س112.0bر.س686.7m47.1x374.3x2.3x
Wed, 21 May 2025ر.س298.2bر.س111.9bر.س679.6m55x438.8x2.7x
Fri, 18 Apr 2025ر.س328.6bر.س107.1bر.س388.6m65.4x845.6x3.1x
Sun, 16 Mar 2025ر.س336.9bر.س107.0bر.س348.1m69.2x967.9x3.1x
Tue, 11 Feb 2025ر.س393.3bر.س103.2bر.س6.2b35.5x63.2x3.8x
Thu, 09 Jan 2025ر.س394.6bر.س103.2bر.س6.2b35.3x63.5x3.8x
Sat, 07 Dec 2024ر.س391.1bر.س103.2bر.س6.2b38.8x62.9x3.8x
Mon, 04 Nov 2024ر.س449.2bر.س98.4bر.س5.5b39.8x81.4x4.6x
Wed, 02 Oct 2024ر.س461.3bر.س98.2bر.س5.5b40.6x83.5x4.7x
Fri, 30 Aug 2024ر.س412.1bر.س98.2bر.س5.5b42.3x74.6x4.2x
Sun, 28 Jul 2024ر.س386.0bر.س95.2bر.س5.3b42.9x72.7x4.1x
Tue, 25 Jun 2024ر.س358.8bر.س95.2bر.س5.3b42.6x67.6x3.8x
Thu, 23 May 2024ر.س453.3bر.س94.7bر.س5.2b37.6x86.4x4.8x
Sat, 20 Apr 2024ر.س430.8bر.س92.1bر.س5.2b36.6x83.5x4.7x
Mon, 18 Mar 2024ر.س352.6bر.س91.8bر.س5.2b41.2x68.2x3.8x
Wed, 14 Feb 2024ر.س293.1bر.س89.5bر.س7.1b36.4x41x3.3x
Fri, 12 Jan 2024ر.س279.7bر.س89.5bر.س7.1b32.1x39.2x3.1x
Sun, 10 Dec 2023ر.س270.8bر.س89.5bر.س7.1b26.6x37.9x3x
Tue, 07 Nov 2023ر.س253.5bر.س88.1bر.س7.8b23.8x32.3x2.9x
Thu, 05 Oct 2023ر.س242.5bر.س87.8bر.س7.8b24.6x31.2x2.8x
Sat, 02 Sep 2023ر.س254.0bر.س87.8bر.س7.8b28x32.6x2.9x
Mon, 31 Jul 2023ر.س260.1bر.س87.1bر.س9.0b29.6x28.8x3x
Wed, 28 Jun 2023ر.س242.5bر.س87.1bر.س9.0b28.6x26.9x2.8x
Fri, 26 May 2023ر.س228.7bر.س86.7bر.س9.0b28.1x25.5x2.6x
Sun, 23 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 33.0x 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 Market2.23%
Utilities2.55%
Electric Utilities5.41%
Other Utilities3.86%
Water Utilities1.36%
Renewable Energy1.27%
Gas Utilities-2.05%
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
5110 Saudi Energyر.س17.725.4%
+ر.س3.8b
17.8%PE18.4x
2082 ACWA Powerر.س175.701.3%
+ر.س1.7b
-46.9%PE72.7x
2083 Power and Water Utility Company for Jubail and Yanbuر.س32.843.9%
+ر.س305.0m
-25.0%PE18.3x
2081 Alkhorayef Water and Power Technologiesر.س118.101.8%
+ر.س73.5m
-25.1%PE16.2x
2084 Miahonaر.س17.430.7%
+ر.س19.3m
-24.2%PE38.7x