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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies7
  • 7D0.8%
  • 3M-5.2%
  • 1Y-40.0%
  • YTD-4.7%

The Utilities is pretty flat in the last 7 days, but Saudi Energy has stood out, gaining 3.7%. Unfortunately though, the industry is down 39% over the past 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, 26 Mar 2026ر.س213.1bر.س123.2bر.س6.9b23.8x30.9x1.7x
Sat, 21 Feb 2026ر.س211.1bر.س120.8b-ر.س181,522,031.0031.4x-1163x1.7x
Mon, 19 Jan 2026ر.س221.4bر.س120.8b-ر.س181,522,031.0036.8x-1219.8x1.8x
Wed, 17 Dec 2025ر.س225.6bر.س120.8b-ر.س181,522,031.0038.9x-1242.9x1.9x
Fri, 14 Nov 2025ر.س251.7bر.س120.6b-ر.س137,858,887.0043.9x-1825.7x2.1x
Sun, 12 Oct 2025ر.س255.4bر.س117.7bر.س1.4b44.1x177.8x2.2x
Tue, 09 Sep 2025ر.س239.4bر.س117.7bر.س1.4b42.8x166.8x2x
Thu, 07 Aug 2025ر.س249.4bر.س112.3bر.س538.6m50.6x463.1x2.2x
Sat, 05 Jul 2025ر.س269.1bر.س112.0bر.س686.7m53.2x391.9x2.4x
Mon, 02 Jun 2025ر.س273.5bر.س112.0bر.س686.7m49.7x398.3x2.4x
Wed, 30 Apr 2025ر.س327.7bر.س107.2bر.س372.4m77.5x880.2x3.1x
Fri, 28 Mar 2025ر.س344.9bر.س107.1bر.س388.3m68.7x888.3x3.2x
Sun, 23 Feb 2025ر.س392.4bر.س103.2bر.س6.2b34.2x63.1x3.8x
Tue, 21 Jan 2025ر.س421.1bر.س103.2bر.س6.2b36.6x67.7x4.1x
Thu, 19 Dec 2024ر.س384.4bر.س103.2bر.س6.2b37.1x61.8x3.7x
Sat, 16 Nov 2024ر.س388.3bر.س103.2bر.س6.2b37.5x62.4x3.8x
Mon, 14 Oct 2024ر.س451.0bر.س98.2bر.س5.5b37x81.6x4.6x
Wed, 11 Sep 2024ر.س402.2bر.س98.2bر.س5.5b40.7x72.8x4.1x
Fri, 09 Aug 2024ر.س384.6bر.س95.4bر.س5.4b40.1x70.9x4x
Sun, 07 Jul 2024ر.س363.7bر.س95.2bر.س5.3b42.4x68.5x3.8x
Tue, 04 Jun 2024ر.س396.6bر.س94.8bر.س5.3b36.2x75.5x4.2x
Thu, 02 May 2024ر.س398.7bر.س92.1bر.س5.2b36.3x77.3x4.3x
Sat, 30 Mar 2024ر.س360.1bر.س92.1bر.س5.2b37.2x69.8x3.9x
Mon, 26 Feb 2024ر.س299.9bر.س89.5bر.س7.1b37.2x42x3.4x
Wed, 24 Jan 2024ر.س289.5bر.س89.5bر.س7.1b33.1x40.5x3.2x
Fri, 22 Dec 2023ر.س287.7bر.س89.5bر.س7.1b29.3x40.3x3.2x
Sun, 19 Nov 2023ر.س257.9bر.س89.5bر.س7.1b25.8x36.1x2.9x
Tue, 17 Oct 2023ر.س242.5bر.س87.8bر.س7.8b23.4x31.2x2.8x
Thu, 14 Sep 2023ر.س243.3bر.س87.8bر.س7.8b25.6x31.3x2.8x
Sat, 12 Aug 2023ر.س250.6bر.س87.2bر.س9.0b30x27.9x2.9x
Mon, 10 Jul 2023ر.س257.7bر.س87.1bر.س9.0b29.8x28.5x3x
Wed, 07 Jun 2023ر.س232.5bر.س87.1bر.س9.0b29.6x25.7x2.7x
Fri, 05 May 2023ر.س241.8bر.س86.9bر.س10.0b27.8x24.1x2.8x
Sun, 02 Apr 2023ر.س221.5bر.س86.6bر.س10.0b25.5x22.1x2.6x
Price to Earnings Ratio

22.1x


Total Market Cap: ر.س221.5bTotal Earnings: ر.س10.0bTotal Revenue: ر.س86.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 6x202420252026
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 30.7x which is higher than its 3-year average PE of 6.0x.
  • The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.7x.
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 Market-0.11%
Utilities0.78%
Other Utilities4.19%
Electric Utilities3.68%
Water Utilities2.19%
Gas Utilities1.31%
Renewable Energy-0.88%
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 Electric Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 0.66x.
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 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
5110 Saudi Energyر.س16.057.4%
+ر.س4.6b
0.6%PE16.6x
2083 Power and Water Utility Company for Jubail and Yanbuر.س30.663.6%
+ر.س265.0m
-33.2%PE17.1x
2080 National Gas and Industrializationر.س81.053.9%
+ر.س228.8m
-12.8%PE24.4x
2081 Alkhorayef Water and Power Technologiesر.س117.602.9%
+ر.س115.5m
-28.7%PE15.9x
2084 Miahonaر.س15.733.5%
+ر.س85.3m
-25.7%PE35x