Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Saudi Arabian (Tadawul) Market Analysis & Valuation

UpdatedMar 14, 2025
DataAggregated Company Financials
Companies360
  • 7D-1.0%
  • 3M-7.4%
  • 1Y-14.5%
  • YTD-6.2%

Over the last 7 days, the market has dropped 1.0%, driven by a decline of 1.1% in the Energy sector. As for last year, the market is also down 14%. Looking forward, earnings are forecast to grow by 6.4% annually.

Market Valuation and Performance

Has the Saudi Arabian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 15 Mar 2025ر.س9.6tر.س2.9tر.س549.3b22.2x17.5x3.4x
Mon, 10 Feb 2025ر.س10.3tر.س2.9tر.س555.1b24x18.5x3.6x
Wed, 08 Jan 2025ر.س10.2tر.س2.9tر.س552.1b23.5x18.5x3.6x
Fri, 06 Dec 2024ر.س10.2tر.س2.9tر.س552.1b23.6x18.5x3.6x
Sun, 03 Nov 2024ر.س10.0tر.س2.9tر.س575.1b24.9x17.5x3.5x
Tue, 01 Oct 2024ر.س10.1tر.س2.9tر.س571.2b25.4x17.7x3.5x
Thu, 29 Aug 2024ر.س10.2tر.س2.9tر.س571.1b25.4x17.8x3.6x
Sat, 27 Jul 2024ر.س10.2tر.س2.8tر.س567.4b26x18x3.6x
Mon, 24 Jun 2024ر.س10.0tر.س2.8tر.س567.4b25.1x17.6x3.5x
Wed, 22 May 2024ر.س10.7tر.س2.8tر.س566.2b26.6x18.9x3.8x
Fri, 19 Apr 2024ر.س10.8tر.س2.8tر.س578.0b28.1x18.7x3.8x
Sun, 17 Mar 2024ر.س11.1tر.س2.8tر.س584.6b28.3x19x4x
Tue, 13 Feb 2024ر.س10.9tر.س2.9tر.س604.8b25.8x18x3.8x
Thu, 11 Jan 2024ر.س11.3tر.س2.9tر.س604.6b25.3x18.7x4x
Sat, 09 Dec 2023ر.س11.0tر.س2.8tر.س604.4b23.6x18.3x3.9x
Mon, 06 Nov 2023ر.س11.0tر.س3.0tر.س637.7b23.5x17.3x3.7x
Wed, 04 Oct 2023ر.س11.2tر.س3.0tر.س636.5b24.8x17.7x3.8x
Fri, 01 Sep 2023ر.س11.5tر.س3.0tر.س636.2b25.8x18.1x3.9x
Sun, 30 Jul 2023ر.س11.0tر.س3.2tر.س715.0b25.9x15.4x3.5x
Tue, 27 Jun 2023ر.س10.9tر.س3.2tر.س714.9b26.5x15.3x3.4x
Thu, 25 May 2023ر.س10.7tر.س3.2tر.س724.8b25.7x14.8x3.3x
Sat, 22 Apr 2023ر.س10.6tر.س3.2tر.س754.1b24.7x14.1x3.3x
Mon, 20 Mar 2023ر.س9.5tر.س3.2tر.س756.1b22.9x12.6x2.9x
Wed, 15 Feb 2023ر.س10.1tر.س3.2tر.س752.1b24.4x13.4x3.1x
Fri, 13 Jan 2023ر.س10.0tر.س3.2tر.س750.1b24.1x13.3x3.1x
Sun, 11 Dec 2022ر.س9.6tر.س3.2tر.س748.3b23.9x12.9x3x
Tue, 08 Nov 2022ر.س10.7tر.س3.2tر.س745.8b26.9x14.4x3.4x
Thu, 06 Oct 2022ر.س10.9tر.س2.9tر.س699.7b28x15.6x3.7x
Sat, 03 Sep 2022ر.س11.3tر.س2.9tر.س699.5b25.8x16.2x3.9x
Mon, 01 Aug 2022ر.س11.9tر.س2.6tر.س607.4b27x19.5x4.6x
Wed, 29 Jun 2022ر.س11.2tر.س2.6tر.س607.1b25.4x18.5x4.3x
Fri, 27 May 2022ر.س12.1tر.س2.6tر.س606.6b27.7x19.9x4.7x
Sun, 24 Apr 2022ر.س12.1tر.س2.3tر.س530.9b29.5x22.8x5.2x
Tue, 22 Mar 2022ر.س12.0tر.س2.2tر.س475.6b27.8x25.2x5.6x
Price to Earnings Ratio

25.2x


Total Market Cap: ر.س12.0tTotal Earnings: ر.س475.6bTotal Revenue: ر.س2.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Market Price to Earnings3Y Average 17.3x202320242025
Current Market PE
  • Investors are relatively neutral on the Saudi market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 17.3x.
Past Earnings Growth
  • The earnings for Saudi listed companies have grown 4.4% per year over the last three years.
  • Revenues for these companies have grown 9.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Saudi Arabian Market?

SA Market-1.02%
Real Estate1.09%
Consumer Discretionary-0.13%
Materials-0.22%
Industrials-0.27%
Tech-0.39%
Financials-0.44%
Healthcare-0.46%
Energy-1.15%
Telecom-1.63%
Consumer Staples-1.87%
Utilities-3.03%
Sector PE
  • Investors favour the Real Estate sector the most for future growth, which is trading above its 3-year average PE ratio of 56.6x.
    • Analysts are expecting annual earnings growth of 20.6%, which is lower than the prior year's growth of 31.5% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 16.4x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 22% per year.
  • In contrast, the Energy industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
2010 Saudi Basic Industriesر.س63.301.3%
+ر.س2.4b		-18.2%PE90.6xMaterials
4300 Dar Al Arkan Real Estate Developmentر.س19.1611.9%
+ر.س2.2b		32.3%PE31.9xReal Estate
8210 Bupa Arabia for Cooperative Insuranceر.س172.605.8%
+ر.س1.4b		-29.8%PE22.1xFinancials
8010 Company for Cooperative Insuranceر.س148.206.5%
+ر.س1.3b		-12.3%PE21.7xFinancials
1010 Riyad Bankر.س29.751.4%
+ر.س1.2b		-2.8%PB1.3xFinancials
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

🫧 Bubble Concerns, Sector Rotation, and Tariff Tactics

Richard Bowman avatar
Richard Bowman
|
|

5 comments

The market’s latest pullback is getting pinned on the escalating trade war. Tariffs are dominating the headlines, right alongside sinking GDP forecasts. But beneath the surface, there’s a growing unease about valuations and earnings. So this week, we’re diving into that side of the story, how valuations and earnings fit into the bigger picture of tariffs, growth, inflation, and interest rates. Sure, we’re mostly talking about the U.S. market here, but trust us, this matters everywhere.
Continue reading
🚗 Automakers Caught In The Tariff Crossfire
Last Week

🚗 Automakers Caught In The Tariff Crossfire

Latest News

1211

ر.س44.05

Saudi Arabian Mining Company (Ma'aden)

7D

-0.9%

1Y

-17.2%

7010

ر.س43.70

Saudi Telecom

7D

-2.0%

1Y

9.9%

7203

ر.س956.80

Elm

7D

-2.5%

1Y

-3.4%

Here's What Analysts Are Forecasting For Elm Company (TADAWUL:7203) After Its Annual Results

Mar 13
Here's What Analysts Are Forecasting For Elm Company (TADAWUL:7203) After Its Annual Results

4142

ر.س134.00

Riyadh Cables Group

7D

4.7%

1Y

17.5%

1010

ر.س29.75

Riyad Bank

7D

1.4%

1Y

-2.8%

4280

ر.س7.54

Kingdom Holding

7D

-11.8%

1Y

3.7%

8010

ر.س148.20

Company for Cooperative Insurance

7D

6.5%

1Y

-12.3%

2222

ر.س25.95

Saudi Arabian Oil

7D

-1.1%

1Y

-17.0%

Saudi Arabian Oil Company (TADAWUL:2222) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

Mar 07
Saudi Arabian Oil Company (TADAWUL:2222) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?

2010

ر.س63.30

Saudi Basic Industries

7D

1.3%

1Y

-18.2%

2082

ر.س332.20

ACWA Power

7D

-3.7%

1Y

2.4%

ACWA Power's (TADAWUL:2082) Shareholders May Want To Dig Deeper Than Statutory Profit

Mar 05
ACWA Power's (TADAWUL:2082) Shareholders May Want To Dig Deeper Than Statutory Profit

7202

ر.س309.60

Arabian Internet and Communication Services

7D

3.2%

1Y

-19.6%

Arabian Internet and Communication Services' (TADAWUL:7202) Earnings Are Weaker Than They Seem

Mar 05
Arabian Internet and Communication Services' (TADAWUL:7202) Earnings Are Weaker Than They Seem

4200

ر.س142.60

Aldrees Petroleum and Transport Services

7D

5.9%

1Y

5.6%

1180

ر.س34.50

Saudi National Bank

7D

-0.9%

1Y

-11.2%

1150

ر.س29.20

Alinma Bank

7D

-3.0%

1Y

-15.8%

8210

ر.س172.60

Bupa Arabia for Cooperative Insurance

7D

5.8%

1Y

-29.8%

4300

ر.س19.16

Dar Al Arkan Real Estate Development

7D

11.9%

1Y

32.3%

Why We're Not Concerned About Dar Al Arkan Real Estate Development Company's (TADAWUL:4300) Share Price

Jan 06
Why We're Not Concerned About Dar Al Arkan Real Estate Development Company's (TADAWUL:4300) Share Price