Dr. Sulaiman Al Habib Medical Services Group (TADAWUL:4013) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 08
Saudi Arabian (Tadawul) Healthcare Services Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies18
- 7D-5.4%
- 3M-7.0%
- 1Y10.3%
- YTD2.8%
Over the last 7 days, the Healthcare Services industry has dropped 5.4%, driven by a pullback from Dr. Sulaiman Al Habib Medical Services Group of 4.6%. Over the past 12 months, the industry was up 10%. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the Saudi Arabian Healthcare Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ر.س188.5b | ر.س27.9b | ر.س4.0b | 36.2x | 46.7x | 6.8x |
| Tue, 16 Apr 2024 | ر.س203.5b | ر.س27.4b | ر.س4.0b | 37.8x | 51.3x | 7.4x |
| Thu, 14 Mar 2024 | ر.س200.8b | ر.س26.7b | ر.س3.8b | 37.6x | 52.4x | 7.5x |
| Sat, 10 Feb 2024 | ر.س202.3b | ر.س26.4b | ر.س3.7b | 38.9x | 54.4x | 7.7x |
| Mon, 08 Jan 2024 | ر.س182.7b | ر.س26.4b | ر.س3.7b | 35.4x | 49.1x | 6.9x |
| Wed, 06 Dec 2023 | ر.س183.0b | ر.س26.4b | ر.س3.7b | 34.5x | 49.2x | 6.9x |
| Fri, 03 Nov 2023 | ر.س163.2b | ر.س25.4b | ر.س3.5b | 33.2x | 46x | 6.4x |
| Sun, 01 Oct 2023 | ر.س154.0b | ر.س25.0b | ر.س3.4b | 34.9x | 45x | 6.2x |
| Tue, 29 Aug 2023 | ر.س161.4b | ر.س24.8b | ر.س3.4b | 33.9x | 47.4x | 6.5x |
| Thu, 27 Jul 2023 | ر.س191.7b | ر.س23.9b | ر.س3.3b | 44x | 58x | 8x |
| Sat, 24 Jun 2023 | ر.س190.7b | ر.س23.8b | ر.س3.3b | 39.6x | 58.1x | 8x |
| Mon, 22 May 2023 | ر.س169.9b | ر.س23.2b | ر.س3.3b | 38x | 52.2x | 7.3x |
| Wed, 19 Apr 2023 | ر.س164.1b | ر.س22.9b | ر.س3.2b | 37.7x | 52x | 7.2x |
| Fri, 17 Mar 2023 | ر.س141.2b | ر.س22.3b | ر.س3.2b | 36.3x | 44.6x | 6.3x |
| Sun, 12 Feb 2023 | ر.س131.6b | ر.س21.8b | ر.س3.0b | 35.4x | 43.3x | 6x |
| Tue, 10 Jan 2023 | ر.س132.8b | ر.س21.8b | ر.س3.0b | 37x | 43.7x | 6.1x |
| Thu, 08 Dec 2022 | ر.س126.8b | ر.س21.8b | ر.س3.0b | 32.8x | 41.7x | 5.8x |
| Sat, 05 Nov 2022 | ر.س134.9b | ر.س21.7b | ر.س3.1b | 30.1x | 44x | 6.2x |
| Mon, 03 Oct 2022 | ر.س129.8b | ر.س21.5b | ر.س3.0b | 31.4x | 43.3x | 6x |
| Wed, 31 Aug 2022 | ر.س126.6b | ر.س21.4b | ر.س3.0b | 34.5x | 42x | 5.9x |
| Fri, 29 Jul 2022 | ر.س126.2b | ر.س20.7b | ر.س2.9b | 40.3x | 44.1x | 6.1x |
| Sun, 26 Jun 2022 | ر.س118.4b | ر.س20.7b | ر.س2.9b | 37.9x | 41.4x | 5.7x |
| Tue, 24 May 2022 | ر.س128.7b | ر.س20.7b | ر.س2.8b | 37.3x | 45.3x | 6.2x |
| Thu, 21 Apr 2022 | ر.س124.0b | ر.س20.2b | ر.س2.7b | 41.3x | 45.7x | 6.1x |
| Sat, 19 Mar 2022 | ر.س111.6b | ر.س20.5b | ر.س2.8b | 42.3x | 39.8x | 5.4x |
| Mon, 14 Feb 2022 | ر.س102.5b | ر.س18.7b | ر.س2.5b | n/a | 40.8x | 5.5x |
| Wed, 12 Jan 2022 | ر.س98.3b | ر.س18.7b | ر.س2.5b | 43.4x | 39.2x | 5.3x |
| Fri, 10 Dec 2021 | ر.س95.7b | ر.س18.7b | ر.س2.5b | 42.3x | 38.1x | 5.1x |
| Sun, 07 Nov 2021 | ر.س101.6b | ر.س18.5b | ر.س2.5b | 40.5x | 40.7x | 5.5x |
| Tue, 05 Oct 2021 | ر.س101.8b | ر.س18.3b | ر.س2.4b | 40.9x | 41.6x | 5.6x |
| Thu, 02 Sep 2021 | ر.س107.3b | ر.س18.3b | ر.س2.4b | 42.2x | 43.9x | 5.9x |
| Sat, 31 Jul 2021 | ر.س102.0b | ر.س18.2b | ر.س2.4b | 41x | 41.9x | 5.6x |
Price to Earnings Ratio
43.1x
Current Industry PE
- Investors are relatively neutral on the Saudi Healthcare industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 45.5x.
- The industry is trading close to its 3-year average PS ratio of 6.3x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 17% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Healthcare industry?
| SA Market | -0.48% | |
| Healthcare | -5.18% | |
| Healthcare Services | -5.39% | |
| Healthcare Distributors | 1.41% | |
| Managed Healthcare | 0% | |
| Healthcare Facilities | -5.48% | |
| Healthcare Services | -10.72% | |
Industry PE
- Investors are most optimistic about the Healthcare Services industry even though it's trading below its 3-year average PE ratio of 199x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Healthcare Distributors industry, which is trading close to its 3-year average of 38.3x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Facilities industry, expecting annual earnings growth of 15% over the next 5 years.
- However this is lower than its past earnings growth rate of 35% per year.
- In contrast, the Healthcare Facilities industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| 9544 Future Care Trading | ر.س13.76 | 11.9% +ر.س730.0m | 58.2% | PE1101.5x | |
| 9546 Naba Al Saha Medical Services | ر.س89.00 | 1.1% +ر.س10.5m | 118.1% | PE23.8x | |
| 9600 Qomel | ر.س81.10 | 2.9% +ر.س8.1m | n/a | n/a | |
| 9574 Professional Medical Expertise | ر.س95.00 | 1.7% +ر.س5.6m | n/a | PE14.5x |
