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Largest IT Consulting Public Companies in Saudi Arabia

Benchmark revenue and EBITDA valuation multiples for public comps like Elm, solutions by stc, Al Moammar Information, Edarat Group and Saudi AZM.

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Saudi Arabia
ELM Co is engaged in providing ready-made and customized digital solutions in many areas. Its ready-made solutions serve a broad segment of customers, who can subscribe to different packages of their choosing to meet their needs and suffice business requirements. The services offered by the company include Consulting, Data Analysis and Technical solutions. The segments are Digital Business, Business Process Outsourcing and Professional Services, out of which the majority are from the Digital Business segment.
$192
-30%
$15B
$15B
5.7x
21.6x
Saudi Arabia
Arabian Internet and Communications Services Co is an information and communication company. The company's revenue mainly comprises of Core ICT Services, IT Managed and Operational Services, and Digital Services. It derives the majority of its revenue from Core ICT Services.
$62
-12%
$7B
$7B
2.0x
12.0x
Saudi Arabia
Al Moammar Information Systems Co is an Information Technology(IT) company. It offers operating systems, system analysis, software designing and programming, software maintenance, web design, web hosting, data processing, and other related services. The company's segments include a Business Services Management unit, a Solutions unit, a Systems unit, an IT security unit, a Networking unit, an Operations and maintenance unit, and a Data center unit.
$51
+41%
$2B
$2B
5.2x
35.8x
Saudi Arabia
Edarat Communication And Information Technology Co is engaged in the implementation of service contracts including provision of virtual network operator services, colocation services, system analysis, design and programming of software, providing management and monitoring of communications and information networks, establishing web hosting infrastructure and related services, data center services and related activities and subscriptions to provide cloud computing service. Its services include data center engineering, data center colocation, Edge AI, Edarat Marketplace, and cloud services. The company has two operating segments; Data Center Engineering Services and Cloud Service. It derives maximum revenue from Data Center Engineering Services segment.
$115
+56%
$577M
$571M
10.9x
46.1x
Saudi Arabia
Saudi Azm for Communication and Information Technology Co aims at providing solutions to projects with qualitative impact in the fields of information technology and executive consulting. The company is principally engaged in the designing and programming special software, application development, providing management and control services of communication sale of wire and wireless equipment and devices, design User Experience and customer journey, repair and maintenance of personal and portable computers, providing senior management consulting services and information networks and research and development on technology.
$6
-22%
$358M
$331M
4.8x
25.3x
Saudi Arabia
Purity For Information Technology Co is engaged to improve infrastructure efficiency and availability. Its services are Digital Journey, Professional & Information Management Solutions, Software Development, Managed & Support,  and Technologies. The group's technology includes On-Premises, Cloud, Data,  and Development.
$6
+15%
$96M
$97M
3.8x
83.2x
Saudi Arabia
Sure Global Tech Co provides technological and consultative solutions for public and private organizations. It provides services of software development, infrastructure, support, and operation, along with digital transformation consultations and other SME-oriented products. The group's operational segments include Infrastructure, Managed Services, Professional Services, and products. The majority of its revenue is derived from infrastructure services, which include the sale of licenses and devices.
$10
-55%
$76M
$68M
0.9x
10.0x
Median$51-12%$577M$571M4.8x25.3x

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