Stock Analysis

Saudi Tadawul Group Holding Company (TADAWUL:1111) Yearly Results: Here's What Analysts Are Forecasting For This Year

SASE:1111
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As you might know, Saudi Tadawul Group Holding Company (TADAWUL:1111) recently reported its yearly numbers. It looks like the results were a bit of a negative overall. While revenues of ر.س1.4b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 2.1% to hit ر.س5.18 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

View our latest analysis for Saudi Tadawul Group Holding

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SASE:1111 Earnings and Revenue Growth March 6th 2025

Taking into account the latest results, the current consensus from Saudi Tadawul Group Holding's five analysts is for revenues of ر.س1.48b in 2025. This would reflect a reasonable 2.6% increase on its revenue over the past 12 months. Per-share earnings are expected to expand 12% to ر.س5.82. In the lead-up to this report, the analysts had been modelling revenues of ر.س1.61b and earnings per share (EPS) of ر.س5.82 in 2025. The consensus seems maybe a little more pessimistic, trimming their revenue forecasts after the latest results even though there was no change to its EPS estimates.

The consensus has reconfirmed its price target of ر.س230, showing that the analysts don't expect weaker revenue expectations next year to have a material impact on Saudi Tadawul Group Holding's market value. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Saudi Tadawul Group Holding at ر.س248 per share, while the most bearish prices it at ر.س215. This is a very narrow spread of estimates, implying either that Saudi Tadawul Group Holding is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Saudi Tadawul Group Holding's revenue growth is expected to slow, with the forecast 2.6% annualised growth rate until the end of 2025 being well below the historical 6.5% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 7.0% per year. Factoring in the forecast slowdown in growth, it seems obvious that Saudi Tadawul Group Holding is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. With that said, earnings are more important to the long-term value of the business. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Saudi Tadawul Group Holding going out to 2027, and you can see them free on our platform here..

You can also see our analysis of Saudi Tadawul Group Holding's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About SASE:1111

Saudi Tadawul Group Holding

Through its subsidiaries, engages in listing and trading of securities for local and international investors in the Kingdom of Saudi Arabia.

Solid track record with excellent balance sheet.