Telecom · Saudi Arabia · aismaeel /data

ROIC FY2025

14.6%

WACC 10.3%

Spread

+4.4%

ROIC − WACC

EV/EBITDA

7.9×

P/E 14.3×

Dividend yield

8.5%

Payout 121.1%

Etihad GO Telecom (7040) is not covered yet.

FY2018–FY2025

Return on capital against its cost

WACC shown from the first year every company was listed

ROICWACC

Margins

Industry totals

EBITDA marginNet margin

Company	ROIC	Spread	CapEx %	Revenue growth	P/E	EV/EBITDA	Div. yield	Beta
stc7010 · Saudi Telecom Co.	19.0%	+11.0%	11.8%	7.0%	14.7×	6.6×	4.4%	0.53
Mobily7020 · Etihad Etisalat Co.	9.6%	+1.1%	15.5%	5.6%	16.1×	6.2×	2.4%	0.83
Zain KSA7030 · Mobile Telecommunication Co. Saudi Arabia	6.8%	−2.5%	14.8%	14.9%	16.4×	4.6×	0.0%	0.73
Telecom (industry)	15.5%	+6.6%	12.2%	7.5%	15.0×	6.4×	4.0%	0.70

Company	ROIC	Spread	CapEx %	Revenue growth	P/E	EV/EBITDA	Div. yield	Beta
stc7010 · Saudi Telecom Co.	14.4%	+4.0%	13.6%	6.4%	15.9×	9.0×	4.0%	0.99
Mobily7020 · Etihad Etisalat Co.	12.2%	+2.6%	12.1%	7.0%	16.9×	6.9×	2.3%	0.91
Zain KSA7030 · Mobile Telecommunication Co. Saudi Arabia	5.7%	−3.1%	15.4%	8.9%	10.0×	6.4×	3.6%	0.67
Telecom (industry)	13.0%	+3.3%	13.0%	6.8%	15.6×	8.4×	3.7%	0.86

Company	ROIC	Spread	CapEx %	Revenue growth	P/E	EV/EBITDA	Div. yield	Beta
stc7010 · Saudi Telecom Co.	15.6%	+6.0%	15.7%	5.7%	19.7×	8.4×	6.4%	0.71
Mobily7020 · Etihad Etisalat Co.	14.2%	+4.4%	14.7%	8.6%	13.2×	6.6×	4.4%	0.85
Zain KSA7030 · Mobile Telecommunication Co. Saudi Arabia	8.0%	−0.6%	6.8%	4.9%	15.5×	4.8×	4.9%	0.67
Telecom (industry)	14.4%	+4.8%	14.5%	6.1%	18.2×	7.7×	6.0%	0.74

Company	ROIC	Spread	CapEx %	Revenue growth	P/E	EV/EBITDA	Div. yield	Beta
stc7010 · Saudi Telecom Co.	16.2%	+6.9%	15.2%	2.5%	14.1×	8.5×	9.8%	0.70
Mobily7020 · Etihad Etisalat Co.	13.8%	+2.6%	16.4%	7.9%	14.6×	7.4×	3.8%	1.18
Zain KSA7030 · Mobile Telecommunication Co. Saudi Arabia	7.8%	−0.7%	4.5%	6.0%	15.5×	4.9×	4.8%	0.95
Telecom (industry)	14.6%	+4.4%	14.1%	3.8%	14.3×	7.9×	8.5%	0.94

Column headings open the full dataset across all industries.

How these companies make money, and what their returns say about it, explained from first principles.