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Saudi Arabian (Tadawul) Utilities Sector Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies7
  • 7D3.8%
  • 3M1.9%
  • 1Y-36.9%
  • YTD-0.6%

In the last week, the Utilities industry is up 3.8%, with all of the companies up. In contrast, the industry has lost 37% in the last 12 months. As for the next few years, earnings are expected to grow by 28% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026ر.س223.1bر.س123.2bر.س6.9b17.9x32.3x1.8x
Tue, 03 Mar 2026ر.س194.2bر.س120.8b-ر.س181,522,031.0029.7x-1069.9x1.6x
Thu, 29 Jan 2026ر.س230.1bر.س120.8b-ر.س181,522,031.0035.9x-1267.7x1.9x
Sat, 27 Dec 2025ر.س225.6bر.س120.8b-ر.س181,522,031.0038.3x-1242.9x1.9x
Mon, 24 Nov 2025ر.س244.6bر.س120.8b-ر.س181,522,031.0043.3x-1347.5x2x
Wed, 22 Oct 2025ر.س272.8bر.س117.7bر.س1.4b44.3x189.9x2.3x
Fri, 19 Sep 2025ر.س246.2bر.س117.7bر.س1.4b42.7x171.4x2.1x
Sun, 17 Aug 2025ر.س259.6bر.س117.6bر.س1.5b48.8x178.4x2.2x
Tue, 15 Jul 2025ر.س263.4bر.س112.0bر.س686.7m53.8x383.6x2.4x
Thu, 12 Jun 2025ر.س272.2bر.س112.0bر.س686.7m51x396.3x2.4x
Sat, 10 May 2025ر.س307.1bر.س107.9bر.س502.1m70.6x611.6x2.8x
Mon, 07 Apr 2025ر.س342.0bر.س107.1bر.س388.3m68.1x880.9x3.2x
Wed, 05 Mar 2025ر.س342.7bر.س103.1bر.س6.1b33.8x55.8x3.3x
Fri, 31 Jan 2025ر.س401.4bر.س103.2bر.س6.2b35.1x64.6x3.9x
Sun, 29 Dec 2024ر.س385.7bر.س103.2bر.س6.2b36.2x62x3.7x
Tue, 26 Nov 2024ر.س377.4bر.س103.2bر.س6.2b38.1x60.7x3.7x
Thu, 24 Oct 2024ر.س417.0bر.س98.2bر.س5.5b37x75.5x4.2x
Sat, 21 Sep 2024ر.س400.7bر.س98.2bر.س5.5b40.6x72.5x4.1x
Mon, 19 Aug 2024ر.س396.7bر.س98.2bر.س5.5b40x71.8x4x
Wed, 17 Jul 2024ر.س387.4bر.س95.2bر.س5.3b43.2x73x4.1x
Fri, 14 Jun 2024ر.س357.5bر.س95.2bر.س5.3b42.1x67.3x3.8x
Sun, 12 May 2024ر.س403.6bر.س92.1bر.س5.1b40.6x78.9x4.4x
Tue, 09 Apr 2024ر.س377.9bر.س92.1bر.س5.2b35.6x73.3x4.1x
Thu, 07 Mar 2024ر.س327.0bر.س89.7bر.س7.3b41.2x44.8x3.6x
Sat, 03 Feb 2024ر.س282.3bر.س89.5bر.س7.1b32.9x39.5x3.2x
Mon, 01 Jan 2024ر.س292.7bر.س89.5bر.س7.1b31.4x41x3.3x
Wed, 29 Nov 2023ر.س262.0bر.س89.5bر.س7.1b26.4x36.7x2.9x
Fri, 27 Oct 2023ر.س253.2bر.س87.8bر.س7.8b21.9x32.5x2.9x
Sun, 24 Sep 2023ر.س242.9bر.س87.8bر.س7.8b24.8x31.2x2.8x
Tue, 22 Aug 2023ر.س252.8bر.س87.8bر.س7.8b27.8x32.5x2.9x
Thu, 20 Jul 2023ر.س265.2bر.س87.1bر.س9.0b29.8x29.4x3x
Sat, 17 Jun 2023ر.س234.8bر.س87.1bر.س9.0b29x26x2.7x
Mon, 15 May 2023ر.س239.5bر.س86.9bر.س10.0b27.4x23.9x2.8x
Wed, 12 Apr 2023ر.س225.8bر.س86.9bر.س10.0b26.3x22.5x2.6x
Price to Earnings Ratio

22.5x


Total Market Cap: ر.س225.8bTotal Earnings: ر.س10.0bTotal Revenue: ر.س86.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Utilities Sector Price to Earnings3Y Average 6.1x202420252026
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 32.3x which is higher than its 3-year average PE of 6.1x.
  • 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 Market2.02%
Utilities3.76%
Electric Utilities7.81%
Gas Utilities5.41%
Water Utilities3.88%
Other Utilities3.84%
Renewable Energy1.56%
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 Water Utilities industry is expected to see its earnings grow by 15% 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.س16.503.5%
+ر.س2.3b
12.9%PE17.1x
2084 Miahonaر.س17.8615.7%
+ر.س391.0m
-3.0%PE39.7x
2083 Power and Water Utility Company for Jubail and Yanbuر.س31.444.2%
+ر.س315.0m
-27.1%PE17.5x
2080 National Gas and Industrializationر.س88.404.9%
+ر.س307.5m
4.0%PE26.6x
9516 Natural Gas Distributionر.س29.0015.5%
+ر.س19.5m
-46.3%PE19x