Saudi Telecom Company

SR 41.20As of Sun 8 Nov 2026, 12:00 UTC

Tadawul:7010Communication

Country Saudi Arabia

PE (Fwd) •••

TSR 10Y CAGR 11.62%

Div yield 5.34%

ROE 16.62%

Telecom Services

Beta (5Y) 0.18

PE TTM 14.51

TSR TTM (2.78%)

Mkt cap SR 205.4B

ROIC 16.89%

SE Grade™

Value

Quality

Moat

Consensus

Reference

SR 42

2.24%

(85.59%)

Hold 12|12|5|2|12

TTM

FYE 31 Dec SAR

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

25.67

RevenueSR B

49.49

49.24

49.68

48.62

48.81

49.85

50.41

50.48

50.68

50.79

28.64

0.80%

0.43%

26.94

Revenue growth%

30.71

29.35

28.23

27.07

26.22

26.23

27.54

29.40

26.87

24.79

7.98

26.87

27.30

4.55

Gross margin%

10.13

7.86

10.20

12.64

12.10

10.65

10.56

10.43

8.52

10.31

17.33

10.43

10.37

10.30

Operating margin%

2.33

5.19

3.01

2.84

0.63

0.40

2.94

2.17

1.52

4.17

23.14

2.17

2.58

5.49

Net margin%

4.99

3.86

6.26

7.00

4.64

2.22

1.79

2.38

4.95

3.45

16.00

2.38

4.25

34.87

P/E ratio (avg)x

14.82

14.70

16.12

17.19

18.66

21.26

24.04

25.75

25.55

28.16

31.33

25.55

19.96

15.37

EV/EBITx

46.60

46.97

47.17

52.71

57.48

60.74

66.09

59.57

67.54

76.32

21.19

66.09

58.52

2.07

FCF yield (avg)%

16.61

14.78

15.84

13.92

12.34

10.73

12.77

11.37

8.85

9.22

26.92

10.73

12.55

19.89

FCF margin%

22.91

20.23

18.20

16.44

17.31

19.39

21.86

23.94

22.80

19.89

3.08

21.86

20.06

1.270

FCF / Net incomex

1.978

2.037

1.923

2.165

2.240

2.488

2.716

2.600

2.495

2.868

0.479

2.600

2.364

6.80

ROIC%

15.63

18.03

17.71

20.39

17.45

19.49

21.87

24.42

25.26

28.24

17.96

24.42

19.94

3.59

Return on equity%

0.40

2.95

0.40

1.95

0.70

0.40

17.98

0.40

25.85

Return on assets%

29.57

29.67

30.13

31.73

29.48

27.44

27.84

29.06

26.71

29.70

2.69

27.84

29.52

2.23

EPSSR

2.11

1.85

1.87

1.96

1.91

1.79

1.81

1.83

1.80

1.94

2.36

0.34%

(0.62%)

—

9.19

EPS growth%

8.63

11.14

13.19

15.57

15.70

15.38

16.73

18.58

19.56

19.67

29.91

18.58

15.63

3.93

Bookvalue per shSR

1.83

1.98

2.06

2.14

2.19

1.94

2.15

2.25

2.15

1.94

2.34

(2.36%)

1.31%

—

1.55

FCF per shareSR

3.92

3.52

3.31

3.16

3.02

3.26

3.19

2.89

2.95

2.82

2.87

(1.41%)

(3.72%)

—

2.33

Dividend per shSR

5.46

5.45

5.89

6.03

6.40

5.96

6.42

6.10

6.24

7.06

3.53

1.98%

2.66%

—

21.62

Div yield (avg)%

5.79

3.47

3.34

2.80

1.90

3.67

1.04

0.40

0.67

1.61

23.78

1.04

2.35

10.74

Payout ratio%

16.35

18.51

16.47

15.01

14.15

15.09

17.28

19.34

20.42

18.85

25.20

18.85

16.88

5.109

Shares (diluted)B

5.101

4.835

5.069

5.652

6.377

7.146

7.128

6.876

6.786

7.077

4.839

2.11%

3.57%

29.65

Buyback yield%

20.23

20.51

20.96

19.67

21.33

18.56

21.17

20.65

19.05

16.14

4.89

19.05

20.37

0.201

D/E ratiox

0.772

0.777

0.856

0.810

0.796

0.897

0.854

0.766

0.770

0.702

0.998

0.770

0.786

28.57

Enterprise valueSR B

21.98

25.38

28.62

31.59

31.35

29.51

28.97

30.06

28.91

32.06

47.78

0.45%

5.49%

19.56

LT debtSR B

5.283

5.652

6.026

6.699

7.455

8.353

7.563

8.539

8.148

8.478

23.83

2.61%

4.87%

Peers (US$57.04B)

Cap (US$)

Etihad Etisalat Company

12.46B

12.40x

KDDI Corporation

66.48B

15.08x

Singapore Telecommunic…

51.92B

19.18x

Swisscom AG

45.74B

28.83x

Capital

TTM

10Y

Leveragex

3.003

0.164

0.124

EBIT/Intx

0.347

0.177

0.180

Own earn%

(12.44)

155.34

152.88

Sh yield%

51.27

21.05

22.35

Owners

Insiders/Inst%

8.38

62.91

Short interest%

1.41

SBC / revenue%

5.34

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

0–5

$1 testx

—

Incr. ROIC%

Saudi Telecom Company, with its subsidiaries, provides telecommunications, information, media and digital payment services in Saudi Arabia and internationally, operating fixed and mobile networks and selling devices and equipment. It also offers IT, cloud, managed services, internet of things, consultancy, digital banking and cybersecurity services, real estate, and construction and maintenance of telecom and radar towers.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

SR 50.79B

0.43%

1.00×

Cost of revenue

SR 26.34B

0.41%

1.00×

Operating expenses

SR 9.254B

0.56%

1.01×