Investors Appear Satisfied With Electrical Industries Company's (TADAWUL:1303) Prospects As Shares Rocket 27%
May 08
Saudi Arabian (Tadawul) Market Analysis & Valuation
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies315
- 7D-0.5%
- 3M-1.7%
- 1Y-4.9%
- YTD-5.2%
The market has stayed flat over the 7 days. As for last year, the market is down 4.9%. Earnings are forecast to grow by 5.9% annually.
Trending IndustriesOil and Gas
Market Valuation and Performance
Has the Saudi Arabian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ر.س10.7t | ر.س2.8t | ر.س579.9b | 27.7x | 18.5x | 3.8x |
| Fri, 05 Apr 2024 | ر.س10.9t | ر.س2.8t | ر.س577.7b | 27x | 18.9x | 3.9x |
| Sun, 03 Mar 2024 | ر.س11.2t | ر.س2.9t | ر.س606.0b | 28x | 18.5x | 3.9x |
| Tue, 30 Jan 2024 | ر.س11.0t | ر.س2.9t | ر.س604.6b | 25x | 18.1x | 3.8x |
| Thu, 28 Dec 2023 | ر.س11.3t | ر.س2.8t | ر.س604.4b | 24.4x | 18.6x | 4x |
| Sat, 25 Nov 2023 | ر.س11.1t | ر.س2.8t | ر.س604.4b | 23.6x | 18.3x | 3.9x |
| Mon, 23 Oct 2023 | ر.س10.9t | ر.س3.0t | ر.س636.9b | 22.9x | 17.1x | 3.7x |
| Wed, 20 Sep 2023 | ر.س11.2t | ر.س3.0t | ر.س636.4b | 24.6x | 17.6x | 3.8x |
| Fri, 18 Aug 2023 | ر.س11.5t | ر.س3.0t | ر.س635.1b | 25.9x | 18.1x | 3.9x |
| Sun, 16 Jul 2023 | ر.س11.0t | ر.س3.2t | ر.س715.4b | 25.9x | 15.3x | 3.4x |
| Tue, 13 Jun 2023 | ر.س10.9t | ر.س3.2t | ر.س714.2b | 26.3x | 15.2x | 3.4x |
| Thu, 11 May 2023 | ر.س11.2t | ر.س3.2t | ر.س730.2b | 24.9x | 15.3x | 3.5x |
| Sat, 08 Apr 2023 | ر.س10.1t | ر.س3.2t | ر.س758.3b | 24.4x | 13.4x | 3.1x |
| Mon, 06 Mar 2023 | ر.س9.8t | ر.س3.2t | ر.س753.1b | 23.9x | 13.1x | 3.1x |
| Wed, 01 Feb 2023 | ر.س10.1t | ر.س3.2t | ر.س750.2b | 23.7x | 13.5x | 3.2x |
| Fri, 30 Dec 2022 | ر.س9.9t | ر.س3.2t | ر.س750.1b | 23.9x | 13.2x | 3.1x |
| Sun, 27 Nov 2022 | ر.س10.2t | ر.س3.2t | ر.س748.2b | 24.4x | 13.6x | 3.2x |
| Tue, 25 Oct 2022 | ر.س11.2t | ر.س2.9t | ر.س699.8b | 28x | 16x | 3.8x |
| Thu, 22 Sep 2022 | ر.س10.9t | ر.س2.9t | ر.س699.4b | 26.8x | 15.6x | 3.7x |
| Sat, 20 Aug 2022 | ر.س11.9t | ر.س2.9t | ر.س700.1b | 27x | 17.1x | 4.1x |
| Mon, 18 Jul 2022 | ر.س10.9t | ر.س2.6t | ر.س607.5b | 25x | 18x | 4.2x |
| Wed, 15 Jun 2022 | ر.س11.7t | ر.س2.6t | ر.س606.8b | 26.6x | 19.2x | 4.5x |
| Fri, 13 May 2022 | ر.س12.7t | ر.س2.3t | ر.س538.6b | 28.9x | 23.6x | 5.4x |
| Sun, 10 Apr 2022 | ر.س12.0t | ر.س2.4t | ر.س536.1b | 29.4x | 22.4x | 5.1x |
| Tue, 08 Mar 2022 | ر.س12.5t | ر.س2.1t | ر.س473.5b | 27.3x | 26.3x | 5.8x |
| Thu, 03 Feb 2022 | ر.س10.6t | ر.س2.1t | ر.س461.3b | 28.3x | 23x | 5x |
| Sat, 01 Jan 2022 | ر.س10.0t | ر.س2.1t | ر.س461.2b | 26.3x | 21.7x | 4.8x |
| Mon, 29 Nov 2021 | ر.س9.7t | ر.س2.1t | ر.س460.1b | 24.8x | 21.1x | 4.6x |
| Wed, 27 Oct 2021 | ر.س10.5t | ر.س1.9t | ر.س380.7b | 30.8x | 27.5x | 5.5x |
| Fri, 24 Sep 2021 | ر.س9.8t | ر.س1.9t | ر.س377.9b | 30.9x | 25.9x | 5.2x |
| Sun, 22 Aug 2021 | ر.س9.7t | ر.س1.9t | ر.س378.6b | 30.3x | 25.6x | 5.2x |
| Fri, 09 Jul 2021 | ر.س9.7t | ر.س1.9t | ر.س378.5b | 30.3x | 25.7x | 5.2x |
Price to Earnings Ratio
36x
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 19.3x.
Past Earnings Growth
- The earnings for Saudi listed companies have grown 29% per year over the last three years.
- Revenues for these companies have grown 22% 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 | -0.52% | |
| Industrials | 2.38% | |
| Healthcare | 1.70% | |
| Consumer Discretionary | 1.27% | |
| Real Estate | 0.21% | |
| Utilities | 0.017% | |
| Financials | -0.12% | |
| Telecom | -0.21% | |
| Energy | -0.51% | |
| Consumer Staples | -1.18% | |
| Tech | -2.39% | |
| Materials | -2.76% | |
Sector PE
- Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 27.8x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 32.3%, which is higher than its past year's earnings growth of 16.3% per year.
- The Financials sector is the least preferred by investors for future growth, which is trading below its 3-year average of 19.2x.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 40% over the next 5 years.
- This is better than its past earnings decline of 19% per year.
- In contrast, the Real Estate sector is expected to see its earnings decline by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| 8210 Bupa Arabia for Cooperative Insurance | ر.س279.00 | 15.7% +ر.س5.7b | 59.2% | PE44.4x | Financials | |
| 1120 Al Rajhi Banking and Investment | ر.س80.80 | 1.1% +ر.س3.6b | 7.0% | PB3x | Financials | |
| 8010 Company for Cooperative Insurance | ر.س165.00 | 10.7% +ر.س2.4b | 85.0% | PE40.2x | Financials | |
| 8230 Al Rajhi Company for Cooperative Insurance | ر.س149.60 | 13.0% +ر.س1.7b | 254.8% | PE45.6x | Financials | |
| 4013 Dr. Sulaiman Al Habib Medical Services Group | ر.س315.20 | 1.5% +ر.س1.6b | 9.1% | PE52.3x | Healthcare |
