Etihad Etisalat (7020) Financial Ratio Screen

SAU Communication Services Saudi Arabia SAR 50962M
FINANCIAL SCREEN PASSED*
Automated financial screen · activity assessed separately
Etihad Etisalat (7020) passes all available checks in 2 implemented financial-ratio model(s). Its activity assessment is still in progress; this is not a Shariah verdict. Its debt proxy is 22.2% against the model threshold of 30%. The supplied classification is Communication Services (Telecom Services); mixed activities and revenue segments remain part of the activity assessment.

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MSCI new-inclusion financial-ratio snapshot

7020 financial screening at a glance

FINANCIAL SCREEN PASSED*Financial ratios shown separately from business review — not a fatwa
Debt ratio
22.2%
Pass vs 30%
Cash ratio
8.2%
Pass vs 30%
Receivables + cash
17.7%
Pass vs 30%
Impermissible income
1.0%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2025. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria passedActivity is assessed separately
FTSE/Yasaar-styleFinancial criteria passedActivity is assessed separately
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2025Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Telecom Services) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Etihad Etisalat Company, through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia. The company operates through Consumer, Business, Wholesale, and Others segments. It manages, installs, and operates telephone networks, terminals, and communication unit systems; and sells and maintains mobile phones and communication unit systems. The company also offers information technology, application, billing and testing support, product marketing, process management, support, and call center; voice call, and mobile and fixed Internet; fixed connectivity, and cloud and data center; interconnection, transition, and roaming; outsourcing human resource; digital financial wallet services; consulting and office administration; and financial technology services. In addition, it is involved in the trading, import, and export of computer systems; and wholesale, retail, maintenance, and operation of computers and electronic equipment, as well as provision of related services. Further, the company invests funds in shares, bonds, and other securities; establishes, owns, and manages companies for the commercial, industrial, and service companies; and owns real estate, as well as owns and leases intellectual property rights, such as patents and trademarks, concessions, and other intangible rights. Additionally, it provides business postpaid, fiber net, data connect prepaid and postpaid, M2M and IOT, hosting and cloud, networks and information security, and digital hub services; and distributes phones, tablets, wearables, consoles, laptops, routers, and other accessories. Etihad Etisalat Company was incorporated in 2004 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 22.2%
/ 30%
8.2%
/ 30%
17.7%
/ 30%
1.03%
/ 5%
FINANCIAL SCREEN PASSED*
FTSE 22.2%
/ 33%
8.2%
/ 33%
17.7%
/ 50%
1.03%
/ 5%
FINANCIAL SCREEN PASSED*

Financial Highlights

P/E Ratio
14.8
Forward: 17.6
EPS
$4.50
Dividend Yield
422.0%
Payout: 55.6%
P/B Ratio
2.5
EV/EBITDA
8.1
EV: $56.6B
Revenue
$19.6B
Growth: 10.4%
Beta
0.1
Low volatility
Current Ratio
0.9

Profitability

Gross Margin 54.7%
Operating Margin 20.6%
Net Margin 17.6%
Return on Equity (ROE) 17.7%
Return on Assets (ROA) 5.9%

Cash Flow & Balance Sheet

Operating Cash Flow$6.7B
Free Cash Flow$3.4B
Total Debt$9.4B
Debt-to-Equity46.3
Current Ratio0.9
Total Assets$42.5B

Price & Trading

Last CloseSAR 66.35
50-Day MASAR 67.09
200-Day MASAR 64.42
Avg Volume777K
Beta0.1
52-Week Range
SAR 52.90
SAR 71.60

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2025. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About Etihad Etisalat (7020)

CEO
Engineer Nezar H. Banabeela
Sector
Communication Services
Industry
Telecom Services
Country
Saudi Arabia
Exchange
SAU
Market Cap (listing currency)
SAR 50962M
Currency
SAR

Etihad Etisalat Company, through its subsidiaries, establishes and operates mobile wireless telecommunication and fiber optic networks in the Kingdom of Saudi Arabia. The company operates through Consumer, Business, Wholesale, and Others segments. It manages, installs, and operates telephone networks, terminals, and communication unit systems; and sells and maintains mobile phones and communication unit systems. The company also offers information technology, application, billing and testing support, product marketing, process management, support, and call center; voice call, and mobile and fixed Internet; fixed connectivity, and cloud and data center; interconnection, transition, and roaming; outsourcing human resource; digital financial wallet services; consulting and office administration; and financial technology services. In addition, it is involved in the trading, import, and export of computer systems; and wholesale, retail, maintenance, and operation of computers and electronic equipment, as well as provision of related services. Further, the company invests funds in shares, bonds, and other securities; establishes, owns, and manages companies for the commercial, industrial, and service companies; and owns real estate, as well as owns and leases intellectual property rights, such as patents and trademarks, concessions, and other intangible rights. Additionally, it provides business postpaid, fiber net, data connect prepaid and postpaid, M2M and IOT, hosting and cloud, networks and information security, and digital hub services; and distributes phones, tablets, wearables, consoles, laptops, routers, and other accessories. Etihad Etisalat Company was incorporated in 2004 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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Frequently Asked Questions

Is Etihad Etisalat (7020) halal to invest in?

The current automated result is Financial screen passed; activity assessment pending. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is Etihad Etisalat's debt ratio?

Etihad Etisalat's debt ratio is 22.2% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are Etihad Etisalat's key financial metrics?

Etihad Etisalat has a market capitalization of SAR 50962M in its listing currency, trailing P/E ratio of 14.8, and revenue of $19.6B. The company maintains a gross margin of 54.7% and a net margin of 17.6%. Return on equity stands at 17.7%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2025. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.