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Saudi Arabian (Tadawul) Market Analysis & Valuation

UpdatedFeb 23, 2025
DataAggregated Company Financials
Companies357
  • 7D-0.2%
  • 3M0.3%
  • 1Y-9.9%
  • YTD0.08%

Over the last 7 days, the market has remained flat, although notably the Industrials sector declined by 3.0%. As for last year, the market is down 9.9%. Looking forward, earnings are forecast to grow by 5.8% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 23 Feb 2025ر.س10.3tر.س2.9tر.س556.2b24x18.4x3.6x
Tue, 21 Jan 2025ر.س10.4tر.س2.9tر.س552.2b24.3x18.8x3.6x
Thu, 19 Dec 2024ر.س10.3tر.س2.9tر.س552.0b23.6x18.6x3.6x
Sat, 16 Nov 2024ر.س10.2tر.س2.9tر.س551.6b24.6x18.4x3.6x
Mon, 14 Oct 2024ر.س10.0tر.س2.9tر.س571.7b25x17.6x3.5x
Wed, 11 Sep 2024ر.س10.0tر.س2.9tر.س571.1b25.6x17.6x3.5x
Fri, 09 Aug 2024ر.س10.0tر.س2.8tر.س566.7b24.7x17.7x3.5x
Sun, 07 Jul 2024ر.س10.1tر.س2.8tر.س567.4b25.6x17.9x3.6x
Tue, 04 Jun 2024ر.س10.3tر.س2.8tر.س566.5b26x18.2x3.7x
Thu, 02 May 2024ر.س10.8tر.س2.8tر.س579.4b27.8x18.6x3.8x
Sat, 30 Mar 2024ر.س11.0tر.س2.8tر.س578.1b28x19x3.9x
Mon, 26 Feb 2024ر.س11.2tر.س2.9tر.س605.7b26.9x18.5x3.9x
Wed, 24 Jan 2024ر.س11.0tر.س2.9tر.س604.6b25.1x18.2x3.9x
Fri, 22 Dec 2023ر.س11.2tر.س2.8tر.س604.4b23.8x18.5x3.9x
Sun, 19 Nov 2023ر.س11.1tر.س2.9tر.س604.4b23.6x18.4x3.9x
Tue, 17 Oct 2023ر.س10.9tر.س3.0tر.س636.8b23.8x17.1x3.7x
Thu, 14 Sep 2023ر.س11.1tر.س3.0tر.س636.4b24.5x17.4x3.7x
Sat, 12 Aug 2023ر.س11.3tر.س3.0tر.س639.9b25.8x17.6x3.8x
Mon, 10 Jul 2023ر.س11.0tر.س3.2tر.س715.2b26.1x15.3x3.4x
Wed, 07 Jun 2023ر.س10.8tر.س3.2tر.س713.0b26.8x15.2x3.4x
Fri, 05 May 2023ر.س10.7tر.س3.3tر.س754.6b24.7x14.2x3.3x
Sun, 02 Apr 2023ر.س10.0tر.س3.2tر.س758.2b24.3x13.2x3.1x
Tue, 28 Feb 2023ر.س9.5tر.س3.2tر.س752.6b23.3x12.7x3x
Thu, 26 Jan 2023ر.س10.2tر.س3.2tر.س750.2b23.5x13.6x3.2x
Sat, 24 Dec 2022ر.س9.6tر.س3.2tر.س748.6b23.7x12.8x3x
Mon, 21 Nov 2022ر.س10.3tر.س3.2tر.س747.5b24.9x13.8x3.2x
Wed, 19 Oct 2022ر.س10.9tر.س2.9tر.س699.8b27.6x15.5x3.7x
Fri, 16 Sep 2022ر.س11.3tر.س2.9tر.س700.3b26.6x16.1x3.8x
Sun, 14 Aug 2022ر.س12.2tر.س2.6tر.س614.8b27.1x19.8x4.7x
Tue, 12 Jul 2022ر.س11.3tر.س2.6tر.س607.5b25.6x18.6x4.4x
Thu, 09 Jun 2022ر.س12.2tر.س2.6tر.س606.8b28.5x20.1x4.7x
Sat, 07 May 2022ر.س12.5tر.س2.3tر.س538.6b29.1x23.2x5.4x
Mon, 04 Apr 2022ر.س11.9tر.س2.4tر.س535.4b28.3x22.2x5x
Wed, 02 Mar 2022ر.س11.5tر.س2.1tر.س469.5b27.5x24.5x5.4x
Price to Earnings Ratio

24.5x


Total Market Cap: ر.س11.5tTotal Earnings: ر.س469.5bTotal Revenue: ر.س2.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Market Price to Earnings3Y Average 17.4x202320242025
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 17.4x.
Past Earnings Growth
  • The earnings for Saudi listed companies have grown 5.8% per year over the last three years.
  • Revenues for these companies have grown 10% 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-0.23%
Telecom1.70%
Tech1.38%
Financials1.08%
Utilities0.40%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Energy-0.38%
Real Estate-0.48%
Materials-0.75%
Consumer Staples-1.40%
Healthcare-2.06%
Consumer Discretionary-2.72%
Industrials-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 53.4x.
    • Analysts are expecting annual earnings growth of 22.1%, which is lower than the prior year's growth of 39.5% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 16.7x.
Forecasted Growth
  • Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings growth rate of 6.1% 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
1180 Saudi National Bankر.س35.755.9%
+ر.س11.9b
-16.2%PB1.1xFinancials
7020 Etihad Etisalatر.س63.009.9%
+ر.س4.4b
15.0%PE16.9xTelecom
7010 Saudi Telecomر.س44.801.8%
+ر.س4.0b
6.8%PE16.8xTelecom
2082 ACWA Powerر.س397.201.1%
+ر.س3.1b
55.7%PE158.5xUtilities
1060 Saudi Awwal Bankر.س37.254.1%
+ر.س3.0b
-4.5%PB1.1xFinancials
See more
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