1. Saudi Arabia Stocks

  2. •

    Communications

  3. •

    Wireless telecommunications
Etihad Etisalat Co.

Etihad Etisalat Co.

TTADAWUL:7020
56.80
SAR
-0.95
(-1.65%)
46.40BMarket Cap
Feb 22Next Earn
Etihad Etisalat Co.
TADAWUL:7020
(Saudi Exchange)

Recent

price

56.80

P/E

ratio

- -

div

yld

2.74%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SAR
20.8
26.04
30.63
24.91
18.19
18.73
16.32
14.74
15.41
17.47
18.24
19.27
20.41
21.77
23.64
25.51
- -
Revenue per Share
5.47
6.6
7.82
7.71
-2.05
-1.42
-0.28
-0.92
-0.16
0.04
1.02
1.39
2.15
2.9
4.03
4.5
- -
Basic EPS, GAAP
2.83
3.64
2.61
-0.36
1.22
1.8
-2.19
1.63
2.26
1.82
0.94
3.26
4.22
4.83
4.76
4.45
- -
Free Cash Flow per Basic Share
1.14
2.95
4.55
4.7
3.75
- -
- -
- -
- -
- -
- -
0.49
0.83
1.11
2.29
2.44
1.56
Dividend per Share
20.23
82.11
27.15
30.16
21.63
19.7
19.42
18.51
18.01
17.86
18.76
19.74
21.24
22.89
24.51
26.49
27.19
Book Value per Share
18.25
32.12
12.94
16.6
8.58
7.37
7.75
7.23
6.56
6.73
8.06
9.46
11.36
13.39
15.43
15.68
16.7
Tangible Book Value per Share
770
770
770
770
770
770
770
770
770
770
770
770
770
770
770
770
768
Basic Weighted Avg Shares
16,013
20,052
23,585
19,180
14,004
14,424
12,569
11,351
11,865
13,450
14,046
14,834
15,717
16,763
18,206
19,642
- -
Sales/Revenue/Turnover
54.83
26.46
26.01
31.02
-9.19
-4.74
2.28
2.23
7.02
8.47
9.94
12.21
15.52
18.87
20.29
19.79
- -
Operating Margin (%)
1,810
2,149
2,399
2,502
3,533
3,625
3,782
3,626
3,809
3,917
3,970
3,927
3,851
3,647
3,664
3,780
- -
Depreciation Expense
4,211
5,083
6,018
5,937
-1,576
-1,093
-214
-709
-123
31
783
1,072
1,657
2,232
3,107
3,466
- -
Net Income, GAAP
1.57
1.06
1.15
1.3
- -
- -
- -
- -
- -
61.29
5.18
6.9
6.85
8.87
2.7
2.53
- -
Effective Tax Rate (%)
26.3
25.35
25.51
30.95
-11.25
-7.58
-1.7
-6.25
-1.03
0.23
5.58
7.22
10.54
13.32
17.06
17.65
- -
Profit Margin (%)
-2,841
-8,153
352
2,141
-17,288
-10,735
-11,007
-4,442
-4,452
-4,855
-4,508
-2,998
-1,939
-1,697
-915
-811
-454
Working Capital
5,529
977
7,506
10,517
- -
8,509
7,601
13,469
11,988
13,085
11,970
11,817
10,522
8,744
7,787
7,740
7,132
LT Debt
15,580
18,388
20,906
23,224
16,654
15,174
14,956
14,254
13,869
13,751
14,445
15,196
16,359
17,623
18,875
20,328
20,871
Total Equity
40.55
21.52
22.44
18.05
- -
- -
- -
- -
- -
1.44
4.79
5.64
7.92
9.99
12.87
13.86
- -
Return on Invested Capital (%)
20.44
21.6
22.64
18.56
- -
- -
- -
- -
- -
1.38
4.52
5.28
7.54
9.72
12.83
13.81
- -
Return on Capital (%)
30.27
29.93
30.63
26.91
-7.9
-6.87
-1.42
-4.85
-0.87
0.23
5.56
7.23
10.5
13.14
17.02
17.68
- -
Return on Common Equity (%)

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,680
2,003
1,924
LT Borrowings
5,196
4,967
4,787
LT Finance Leases
2,544
2,312
2,345
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
768
768
768
Market Capitalization
50,655
50,118
46,395

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,428
10,795
10,775
Cash, Cash Equivalents & STI
3,472
4,104
3,746
Accounts Receivable, Net
4,029
4,413
4,620
Inventories
132
234
178
Total Current Liabilities
11,239
11,916
11,229
Payables & Accruals
- -
- -
- -
ST Debt
1,680
2,003
1,924
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.08%
7.08%
7.69%
Free Cash Flow
-14.22%
56.57%
-6.52%
Net Income, GAAP
253.2%
35.38%
11.57%
Sales/Revenue/Turnover
3.45%
6.94%
7.88%
Total Cash Common Dividend
- -
- -
6.4%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,545
4,465
4,499
4,697
18,206
2025
4,777
4,828
- -
5,186
19,642
2026
5,040
5,080
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
0.86
1.08
1.27
4.03
2025
1
1.08
- -
1.24
4.5
2026
1.15
1.17
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.87
2.29
2025
- -
- -
- -
- -
2.44
2026
1.56
- -
- -
- -
- -
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Business
Etihad Etisalat Company Etihad Etisalat Company (Mobily) operates as a leading Saudi Arabian telecommunications provider, offering fixed-line, mobile telephony, broadband internet, data services, and information technology solutions including cybersecurity and artificial intelligence to individuals, businesses, and carriers; core offerings encompass 2G, 3G, 4G LTE, and 5G mobile networks, fiber-to-the-home (FTTH) broadband via its 66% ownership in the Saudi National Fiber Network (SNFN), one of the world's largest fiber-optic systems spanning over 58,000 km and connecting to neighboring countries such as Yemen, the United Arab Emirates, Bahrain, Qatar, Kuwait, and Jordan, alongside comprehensive wireless coverage across Saudi Arabia, extensive data centers, and value-added services like IoT platforms. Headquartered at 2332 Olaya Road, P.O. Box 9979, Riyadh 12214, Kingdom of Saudi Arabia, the company was established in 2004 pursuant to Royal Decree M/40 as a joint stock entity with Etisalat Group holding a 27.99% stake, the General Organization for Social Insurance at 6.90%, and the balance owned by institutional and retail investors; it launched commercial GSM services on May 5, 2005, breaking Saudi Telecom Company's wireless monopoly, and listed on the Tadawul exchange that year with a share capital of SAR 7,700 million. Recent developments include a February 2021 three-year extension of its partnership with Nokia to manage and maintain radio and transport networks in Riyadh and other regions, alongside 2025 agreements such as one with flynas enabling conversion of Neqaty loyalty points to nasmiles for enhanced travel benefits and another with the Ministry of Hajj and Umrah to bolster digital services for pilgrims supporting national digital transformation goals, while reporting a 22.95% rise in six-month net profit to SAR 1,597 million as of June 30, 2025.