Best Saudi Stocks: November 2026
Quality 76: F-Score 9/9 and ROIC in the top 5% of its sector. Momentum 74: above its moving averages and outperforming the market over 6 months. Value 71: a high yield and cheap on free cash flow.
As of 7 Nov 2026, Group Five Pipe Saudi Company (9523.SR) ranks first on MoatMap's November 2026 list of Saudi stocks, with a MoatMap Score of 99/100, among stocks above its $250M market-cap floor. A research ranking, not investment advice.
November 2026 edition · data as of ·Next edition forms ·How we score stocks·How past rankings did·All Saudi Arabia stocks, refreshed daily
Top 25 Saudi Stocks by MoatMap Score
| # | Stock | Yield | P/E | Score | Q | V | M | Style · Activity | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Yield 7.6% | P/E 9.7 | 99 Score | 76 Q | 71 V | 74 M | Full House | ||
| 2 | Momentum 92: near its 52-week high and outperforming the market over 6 months. Quality 77: strong free cash flow and high return on equity. Value 41: a high yield but far above book value. | Yield 5.2% | P/E 18.6 | 97 Score | 77 Q | 41 V | 92 M | Premium Grower | |
| 3 | Momentum 74: quarterly earnings growing and near its 52-week high. Value 69: cheap on P/E and cheap on EV/EBITDA. Quality 63: high return on equity and wide operating margins. | Yield 2.8% | P/E 5.0 | 96 Score | 63 Q | 69 V | 74 M | Full House | |
| 4 | Quality 74: high return on equity and ROIC in the top 5% of its sector. Value 68: cheap on P/E and cheap on sales. Momentum 61: outperforming the market over 6 months and quarterly earnings growing. | Yield 3.2% | P/E 9.4 | 95 Score | 74 Q | 68 V | 61 M | Full House | |
| 5 | Quality 90: strong free cash flow and ROIC in the top 5% of its sector. Value 69: cheap on free cash flow and cheap on P/E. Momentum 43: quarterly earnings shrinking. | Yield 2.7% | P/E 7.7 | 95 Score | 90 Q | 69 V | 43 M | Unloved Quality | |
| 6 | Quality 77: F-Score 9/9 and wide operating margins. Momentum 66: quarterly earnings growing and near its 52-week high. Value 59: a high yield but expensive on sales. | Yield 3.4% | P/E 9.7 | 95 Score | 77 Q | 59 V | 66 M | Full House | |
| 7 | Quality 78: strong free cash flow and high return on equity. Value 68: cheap on EV/EBITDA and cheap on P/E. Momentum 55: quarterly earnings growing. | Yield 3.1% | P/E 11.3 | 94 Score | 78 Q | 68 V | 55 M | Full House | |
| 8 | Value 70: a high yield and cheap on free cash flow. Momentum 68: near its 52-week high and outperforming the market over 6 months. Quality 62: strong free cash flow and F-Score 7/9. | Yield 11.7% | P/E 16.7 | 94 Score | 62 Q | 70 V | 68 M | Full House | |
| 9 | Momentum 70: near its 52-week high and outperforming the market over 6 months. Value 65: a high yield and cheap on EV/EBITDA. Quality 63: high return on equity and low debt. | Yield 5.9% | P/E 9.7 | 93 Score | 63 Q | 65 V | 70 M | Full House | |
| 10 | Quality 84: strong free cash flow and high return on equity. Value 69: a high yield and cheap on P/E. Momentum 45: EPS deteriorating. | Yield 6.9% | P/E 10.2 | 93 Score | 84 Q | 69 V | 45 M | Unloved Quality | |
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| 11 | Quality 77: interest well covered and strong free cash flow. Momentum 61: near its 52-week high. Value 58: a high yield. | Yield 6.0% | P/E 13.0 | 92 Score | 77 Q | 58 V | 61 M | Full House | |
| 12 | Quality 80: F-Score 9/9 and strong free cash flow. Momentum 59: above its moving averages but quarterly earnings shrinking. Value 55: cheap on free cash flow. | Yield 1.6% | P/E 15.9 | 91 Score | 80 Q | 55 V | 59 M | Full House | |
| 13 | Quality 79: strong free cash flow and a liquid balance sheet. Value 61: a high yield and cheap on free cash flow. Momentum 55: mixed. | Yield 6.6% | P/E 12.2 | 91 Score | 79 Q | 61 V | 55 M | Full House | |
| 14 | Quality 78: ROIC in the top 5% of its sector and high return on equity. Value 77: cheap on P/E and cheap on EV/EBITDA. Momentum 35: EPS deteriorating. | Yield 4.2% | P/E 5.4 | 89 Score | 78 Q | 77 V | 35 M | Unloved Quality | |
| 15 | Value 75: cheap on free cash flow and cheap on EV/EBITDA. Momentum 63: quarterly earnings growing. Quality 52: strong free cash flow but high debt. | Yield — | P/E 10.1 | 89 Score | 52 Q | 75 V | 63 M | Full House | |
| 16 | Quality 71: high return on equity and high gross profitability. Value 63: cheap on sales and a high yield. Momentum 56: near its 52-week high. | Yield 3.3% | P/E 15.3 | 89 Score | 71 Q | 63 V | 56 M | Full House | |
| 17 | Momentum 66: quarterly earnings growing and above its moving averages. Value 64: cheap on EV/EBITDA and cheap on free cash flow. Quality 58: wide operating margins but thin interest cover. | Yield 2.3% | P/E 20.2 | 88 Score | 58 Q | 64 V | 66 M | Full House | |
| 18 | Value 66: a high yield and cheap on P/E. Momentum 66: near its 52-week high and outperforming the market over 6 months. Quality 55: interest well covered but a weak F-Score 4/9. | Yield 5.2% | P/E 9.2 | 88 Score | 55 Q | 66 V | 66 M | Full House | |
| 19 | Quality 73: interest well covered and low debt. Value 62: a high yield. Momentum 51: near its 52-week high but quarterly earnings shrinking. | Yield 7.5% | P/E 12.1 | 87 Score | 73 Q | 62 V | 51 M | Full House | |
| 20 | Value 68: cheap on sales; EV/EBITDA and P/FCF excluded. Quality 65: low debt and a liquid balance sheet. Momentum 53: outperforming the market over 6 months but EPS deteriorating. | Yield 4.5% | P/E 9.5 | 87 Score | 65 Q | 68 V | 53 M | Full House | |
| 21 | Value 65: valuation ratios not meaningful for a financial. Momentum 64: outperforming the market over 6 months and above its moving averages. Quality 58: wide operating margins. | Yield 5.1% | P/E 8.2 | 87 Score | 58 Q | 65 V | 64 M | Full House | |
| 22 | Quality 84: ROIC in the top 5% of its sector and interest well covered. Momentum 63: near its 52-week high and outperforming the market over 6 months. Value 39: far above book value. | Yield 5.2% | P/E 14.1 | 86 Score | 84 Q | 39 V | 63 M | Premium Grower | |
| 23 | Quality 75: strong free cash flow and wide operating margins. Value 67: a high yield and cheap on P/E. Momentum 44: EPS deteriorating. | Yield 7.3% | P/E 10.4 | 86 Score | 75 Q | 67 V | 44 M | Unloved Quality | |
| 24 | Quality 71: strong free cash flow and ROIC in the top 20% of its sector. Value 60: cheap on free cash flow and a high yield. Momentum 54: EPS improving but quarterly earnings shrinking. | Yield 3.3% | P/E 16.0 | 86 Score | 71 Q | 60 V | 54 M | Full House | |
| 25 | Quality 78: strong free cash flow and ROIC in the top 10% of its sector. Momentum 63: quarterly earnings growing and near its 52-week high. Value 44: a high yield but far above book value. | Yield 6.6% | P/E 13.8 | 85 Score | 78 Q | 44 V | 63 M | Premium Grower | |
Ranked by MoatMap Score (Quality + Value + Momentum composite) at a minimum market cap of $250M. Yield and P/E are as of the data date; click a ticker for today’s price and score. A new edition is generated on the first scoring run of each month.
MoatMap does not yet read Saudi Arabia’s director-dealing or buyback filings, so no row on this list carries those marks: an empty mark means not covered, not no activity.
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How Saudi Arabia scores
Where the top 25 come from, and how the whole Saudi market sits against the global universe. The MoatMap Score is a global percentile, so the universe splits evenly into five bands by construction; a market with more of its stocks in the upper bands is scoring well as a whole.
Top 25 by sector
- Basic Materials9
- Industrials7
- Consumer Cyclical3
- Energy2
- Financial Services2
- Consumer Defensive1
- Other1
Share of Saudi stocks by MoatMap Score band
- 0-1917% / 20%
- 20-3923% / 20%
- 40-5920% / 20%
- 60-7920% / 20%
- 80-10020% / 20%
Saudi Arabiaall markets
Oil, the Riyal Peg and a Market Still Opening Up
Saudi Arabia has the largest stock market in the Middle East: the Saudi Exchange, still widely called Tadawul, where Saudi Aramco, the kingdom's banks, its petrochemical producers and a long row of cement, food, healthcare and services companies list side by side. It opened to foreign institutions only in the last decade, and the riyal has been pegged to the US dollar since 1986. The list below is where Quality, Value and Momentum agree.
MoatMap scored 307 Saudi stocks on 2026-11-07; 173 cleared the $250M market-cap floor this list applies. The market's average MoatMap Score is 51. Industrials is the most represented sector in the top 10 (4 names).
By value the Saudi Exchange is a market of a few giants. Saudi Aramco alone is worth more than every other listed Saudi company put together, and the banks (Al Rajhi, Saudi National Bank and their peers), SABIC and its petrochemical affiliates, stc in telecoms and Ma'aden in mining make up much of what is left. Free floats are often small, because the state, through the Public Investment Fund and other agencies, keeps controlling stakes in many of the largest companies. Below the giants sits the part of the market a factor screen spends most of its time in: mid and small caps in cement, steel pipes, building materials, food, retail, healthcare, logistics and staffing, many of them floated during the run of new listings that has accompanied the Vision 2030 diversification programme since 2016.
The economy and the market still move with oil. Government spending, funded mostly by oil revenue, drives the contracts behind construction, cement, pipes and services, so a falling crude price reaches far beyond the energy sector, through the budget. That shows up in the scores: contractors, cement makers and pipe producers can lead the Momentum pillar during a spending cycle and fall back when the budget tightens, while the Quality pillar, read from returns on capital and cash conversion, changes much more slowly. The riyal's peg at 3.75 to the dollar removes most currency risk for a dollar-based holder, but it also ties Saudi interest rates to American ones, so the banks' margins follow the Federal Reserve as much as the local economy.
Two practical details shape the numbers on this page. Tadawul trades Sunday to Thursday, so on a European or American morning the latest Saudi close can be a day or two older than the others in MoatMap's universe. And Saudi companies pay zakat, a levy on the part of the business owned by Saudi and other Gulf shareholders, alongside corporate income tax on the part owned by everyone else, so two companies with the same operating profit can report quite different tax lines depending on who owns them. The Value pillar reads earnings after tax, which is worth remembering when a Saudi name looks unusually cheap or expensive next to a foreign peer.
MoatMap ranks every Saudi company it covers, but it does not yet read Tadawul's disclosures of directors' dealings or share buybacks. This page therefore carries none of the director-buying and buyback marks that other country pages print beside their rows: an empty mark here means the activity is not covered, not that there was none. Saudi companies do announce buyback programmes and insider holdings through the exchange, so check a company's own announcements on the Saudi Exchange before reading anything into the absence.
Frequently Asked Questions
- What are the top-ranked Saudi stocks right now?
- The table above ranks the top 25 Saudi Exchange stocks by MoatMap Score, a composite of Quality (returns on capital, cash conversion, balance sheet), Value (six price ratios, from P/E to dividend yield) and Momentum (price trend and earnings revisions). It refreshes monthly with a stated data date, and each ticker links to a full score breakdown.
- Why does this page show no director buying or buybacks?
- MoatMap does not yet read Tadawul's disclosures of directors' dealings or share buybacks, so the marks other country pages print beside their rows are not available for Saudi Arabia. An empty mark here means not covered, not no activity; a company's own announcements on the Saudi Exchange are the place to check.
- How does the oil price affect Saudi stock scores?
- Mostly through the government budget. Oil revenue funds the spending behind construction, cement, steel pipes and services contracts, so those companies' earnings and share prices tend to rise and fall with it, and their Momentum scores move first. Quality scores, read from returns on capital and cash conversion, change more slowly.
- Does the riyal peg matter for foreign investors?
- The riyal has been pegged at 3.75 to the US dollar since 1986, which removes most currency risk for a dollar-based holder. The peg also means Saudi interest rates track American ones, so the banks' margins and the market's valuation respond to the Federal Reserve as well as to oil.
- How can foreigners invest in Saudi stocks?
- Foreign institutions can hold Saudi shares directly under the Qualified Foreign Investor rules, and individuals usually reach the market through a broker that offers Saudi Exchange access or through funds; what is available depends on the broker and the investor's country. Saudi Arabia withholds 5% on dividends paid to non-residents. Remember the Sunday to Thursday trading week when placing orders.
- How often does this Saudi ranking refresh?
- A new edition forms on the first scoring run of each calendar month and the page states its data-as-of date. Underlying scores recompute nightly; for the daily view, use the ranked list filtered to Saudi Arabia.