Etihad Etisalat Company

SASE:7020 Stock Report

Market Cap: ر.س49.4b

Etihad Etisalat Valuation

Is 7020 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of 7020 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: 7020 (SAR64.05) is trading below our estimate of future cash flow value (SAR86.54)

Significantly Below Future Cash Flow Value: 7020 is trading below future cash flow value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 7020?

Key metric: As 7020 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 7020. This is calculated by dividing 7020's market cap by their current earnings.
What is 7020's PE Ratio?
PE Ratio13.7x
Earningsر.س3.58b
Market Capر.س49.35b

Price to Earnings Ratio vs Peers

How does 7020's PE Ratio compare to its peers?

The above table shows the PE ratio for 7020 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.2x
7030 Mobile Telecommunications Company Saudi Arabia
16.5x14.97%ر.س10.0b
7010 Saudi Telecom
14.4x3.53%ر.س215.3b
12.9x8.52%R$55.7b
4904 Far EasTone Telecommunications
25.2x7.38%NT$345.8b
7020 Etihad Etisalat
13.7x6.61%ر.س49.4b

Price-To-Earnings vs Peers: 7020 is good value based on its Price-To-Earnings Ratio (13.7x) compared to the peer average (23.9x).


Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Earnings Ratio vs Industry

How does 7020's PE Ratio compare vs other companies in the Asian Wireless Telecom Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
7020 13.7xIndustry Avg. 18.0xNo. of Companies8PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 7020 is good value based on its Price-To-Earnings Ratio (13.7x) compared to the Asian Wireless Telecom industry average (17.9x).


Price to Earnings Ratio vs Fair Ratio

What is 7020's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

7020 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.7x
Fair PE Ratio15.6x

Price-To-Earnings vs Fair Ratio: 7020 is good value based on its Price-To-Earnings Ratio (13.7x) compared to the estimated Fair Price-To-Earnings Ratio (15.6x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 7020 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentر.س64.05
ر.س76.77
+19.85%
6.53%ر.س85.00ر.س67.80n/a12
May ’27ر.س65.00
ر.س76.74
+18.06%
6.57%ر.س85.00ر.س67.80n/a12
Apr ’27ر.س65.95
ر.س76.14
+15.45%
6.37%ر.س85.00ر.س67.80n/a12
Mar ’27ر.س62.95
ر.س76.12
+20.92%
6.37%ر.س85.00ر.س68.50n/a12
Feb ’27ر.س69.70
ر.س75.18
+7.86%
6.40%ر.س85.00ر.س68.50n/a13
Jan ’27ر.س66.25
ر.س74.06
+11.80%
7.52%ر.س80.00ر.س59.50n/a14
Dec ’26ر.س62.85
ر.س72.84
+15.89%
7.99%ر.س80.00ر.س59.50n/a13
Nov ’26ر.س67.75
ر.س71.45
+5.47%
9.09%ر.س80.00ر.س59.00n/a13
Oct ’26ر.س67.35
ر.س68.35
+1.48%
8.63%ر.س80.00ر.س59.00n/a12
Sep ’26ر.س62.90
ر.س67.93
+8.00%
7.64%ر.س75.00ر.س59.00n/a12
Aug ’26ر.س61.20
ر.س66.71
+9.00%
7.35%ر.س75.00ر.س59.00n/a12
Jul ’26ر.س59.00
ر.س66.78
+13.19%
7.25%ر.س75.00ر.س59.00n/a13
Jun ’26ر.س58.70
ر.س66.71
+13.64%
7.09%ر.س75.00ر.س59.00n/a13
May ’26ر.س63.00
ر.س66.49
+5.54%
7.31%ر.س75.00ر.س59.00ر.س65.0012
Apr ’26ر.س61.00
ر.س65.23
+6.93%
5.91%ر.س72.00ر.س59.00ر.س65.9512
Mar ’26ر.س62.00
ر.س65.10
+5.00%
5.89%ر.س72.00ر.س59.00ر.س62.9512
Feb ’26ر.س57.90
ر.س64.75
+11.84%
5.99%ر.س72.00ر.س59.00ر.س69.7013
Jan ’26ر.س54.00
ر.س63.84
+18.22%
5.01%ر.س70.00ر.س59.00ر.س66.2513
Dec ’25ر.س53.50
ر.س61.71
+15.34%
8.23%ر.س70.00ر.س48.00ر.س62.8513
Nov ’25ر.س51.80
ر.س60.43
+16.66%
8.57%ر.س70.00ر.س48.00ر.س67.7513
Oct ’25ر.س51.60
ر.س60.35
+16.96%
8.45%ر.س70.00ر.س48.00ر.س67.3513
Sep ’25ر.س51.40
ر.س60.32
+17.35%
8.44%ر.س70.00ر.س48.00ر.س62.9013
Aug ’25ر.س51.20
ر.س60.44
+18.05%
8.62%ر.س72.00ر.س48.00ر.س61.2014
Jul ’25ر.س52.30
ر.س60.63
+15.93%
8.62%ر.س72.00ر.س48.00ر.س59.0014
Jun ’25ر.س46.75
ر.س59.61
+27.50%
7.39%ر.س65.00ر.س48.00ر.س58.7012
May ’25ر.س51.70
ر.س59.71
+15.50%
7.68%ر.س65.00ر.س48.00ر.س63.0011
ر.س76.77
Fair Value
16.6% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 08:10
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Etihad Etisalat Company is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Anilkumar MulaniAl Rajhi Capital
Pritish DevassyAl Rajhi Capital