Saudi Arabian (Tadawul) Industrials Sector Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies44
- 7D-4.4%
- 3M-6.7%
- 1Y34.5%
- YTD7.0%
Over the last 7 days, the Industrials industry has dropped 4.4%, driven by SAL Saudi Logistics Services declining 6.8%. In contrast, Sustained Infrastructure Holding has gained 11%. This takes the industry's 12 month performance to a gain of 35%. As for the next few years, earnings are expected to grow by 18% per annum.
Sector Valuation and Performance
Has the Saudi Arabian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ر.س121.9b | ر.س45.7b | ر.س4.1b | 21x | 29.8x | 2.7x |
| Sat, 27 Apr 2024 | ر.س125.9b | ر.س44.8b | ر.س3.3b | 25.3x | 38x | 2.8x |
| Mon, 25 Mar 2024 | ر.س133.1b | ر.س44.5b | ر.س3.5b | 24.8x | 38.4x | 3x |
| Wed, 21 Feb 2024 | ر.س128.5b | ر.س44.1b | ر.س3.3b | 23.9x | 38.8x | 2.9x |
| Fri, 19 Jan 2024 | ر.س112.6b | ر.س43.7b | ر.س3.3b | 22.6x | 34.2x | 2.6x |
| Sun, 17 Dec 2023 | ر.س100.1b | ر.س44.0b | ر.س3.3b | 21.5x | 30.2x | 2.3x |
| Tue, 14 Nov 2023 | ر.س89.3b | ر.س43.8b | ر.س3.3b | 18.2x | 27.2x | 2x |
| Thu, 12 Oct 2023 | ر.س74.7b | ر.س41.1b | ر.س2.7b | 17.1x | 27.3x | 1.8x |
| Sat, 09 Sep 2023 | ر.س76.9b | ر.س39.9b | ر.س2.6b | 20.6x | 29.7x | 1.9x |
| Mon, 07 Aug 2023 | ر.س75.8b | ر.س38.5b | ر.س2.2b | 23.2x | 35.1x | 2x |
| Wed, 05 Jul 2023 | ر.س78.1b | ر.س37.7b | ر.س2.1b | 23.4x | 36.5x | 2.1x |
| Fri, 02 Jun 2023 | ر.س67.1b | ر.س36.0b | ر.س2.0b | 22.9x | 34x | 1.9x |
| Sun, 30 Apr 2023 | ر.س64.4b | ر.س34.9b | ر.س1.9b | 22.3x | 34.1x | 1.8x |
| Tue, 28 Mar 2023 | ر.س60.2b | ر.س33.2b | ر.س1.7b | 23.5x | 34.8x | 1.8x |
| Thu, 23 Feb 2023 | ر.س57.0b | ر.س33.0b | ر.س1.7b | 21.7x | 33.6x | 1.7x |
| Sat, 21 Jan 2023 | ر.س55.5b | ر.س33.0b | ر.س1.7b | 20.5x | 32.7x | 1.7x |
| Mon, 19 Dec 2022 | ر.س47.7b | ر.س26.6b | ر.س1.4b | 20.4x | 35x | 1.8x |
| Wed, 16 Nov 2022 | ر.س51.3b | ر.س25.9b | ر.س1.3b | 23.5x | 38.9x | 2x |
| Fri, 14 Oct 2022 | ر.س51.8b | ر.س25.1b | ر.س1.1b | 23.4x | 47.7x | 2.1x |
| Sun, 11 Sep 2022 | ر.س52.4b | ر.س24.8b | ر.س1.1b | 21.2x | 49.1x | 2.1x |
| Tue, 09 Aug 2022 | ر.س51.9b | ر.س23.4b | ر.س1.0b | 23.5x | 50.5x | 2.2x |
| Thu, 07 Jul 2022 | ر.س47.0b | ر.س23.3b | ر.س1.0b | 20.8x | 44.8x | 2x |
| Sat, 04 Jun 2022 | ر.س52.8b | ر.س23.1b | ر.س1.0b | 22.8x | 51.3x | 2.3x |
| Mon, 02 May 2022 | ر.س57.1b | ر.س22.4b | ر.س942.5m | 24.8x | 60.6x | 2.5x |
| Wed, 30 Mar 2022 | ر.س57.1b | ر.س21.9b | ر.س844.6m | 24.5x | 67.6x | 2.6x |
| Fri, 25 Feb 2022 | ر.س53.0b | ر.س21.1b | ر.س587.8m | 22.8x | 90.2x | 2.5x |
| Sun, 23 Jan 2022 | ر.س54.5b | ر.س20.8b | ر.س514.5m | 25.3x | 105.9x | 2.6x |
| Tue, 21 Dec 2021 | ر.س53.2b | ر.س20.5b | ر.س489.6m | 22.8x | 108.7x | 2.6x |
| Thu, 18 Nov 2021 | ر.س52.8b | ر.س20.8b | ر.س163.3m | 24x | 323.4x | 2.5x |
| Sat, 16 Oct 2021 | ر.س55.2b | ر.س19.9b | ر.س324.3m | 27.6x | 170.2x | 2.8x |
| Mon, 13 Sep 2021 | ر.س57.7b | ر.س19.9b | ر.س324.3m | 30.5x | 178x | 2.9x |
| Wed, 11 Aug 2021 | ر.س57.3b | ر.س19.8b | ر.س306.9m | 33.1x | 186.8x | 2.9x |
| Sun, 06 Jun 2021 | ر.س55.7b | ر.س19.1b | -ر.س440,232,854.00 | 37.8x | -126.4x | 2.9x |
Price to Earnings Ratio
-126.4x
Current Industry PE
- Investors are pessimistic on the Saudi Industrials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 31.4x which is lower than its 3-year average PE of 60.4x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- Total earnings for the Industrials industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 34% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Industrials sector?
| SA Market | -3.43% | |
| Industrials | -4.40% | |
| Aerospace & Defense | 0% | |
| Airlines | 0% | |
| Marine and Shipping | 0% | |
| Building | -0.44% | |
| Machinery | -0.96% | |
| Infrastructure | -1.73% | |
| Transportation | -3.14% | |
| Industrials | -3.50% | |
| Commercial Services | -4.20% | |
| Professional Services | -4.40% | |
| Trade Distributors | -5.71% | |
| Electrical | -6.47% | |
| Logistics | -6.75% | |
| Construction | -7.17% | |
Industry PE
- Investors are most optimistic about the Building industry which is trading above its 3-year average PE ratio of 22.1x.
- Analysts are expecting annual earnings growth of 104.4%, which is higher than its past year's earnings growth of 4.8% per year.
- Investors are most pessimistic about the Machinery industry, which is trading close to its 3-year average of 10.2x.
Forecasted Growth
- Analysts are most optimistic on the Building industry, expecting annual earnings growth of 104% over the next 5 years.
- This is better than its past earnings growth rate of 4.8% per year.
- In contrast, the Industrials industry is expected to see its earnings grow by 7.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2190 Sustained Infrastructure Holding | ر.س35.20 | 10.5% +ر.س273.4m | 19.9% | PE94x | |
| 9528 Gas Arabian Services | ر.س9.89 | 2.3% +ر.س34.7m | 28.4% | PE19.2x | |
| 9531 Al Obeikan Glass | ر.س48.95 | 2.2% +ر.س33.6m | -15.6% | PE16.5x | |
| 1832 Sadr Logistics | ر.س3.68 | 4.0% +ر.س24.5m | -8.2% | PS6.8x | |
| 4110 Batic Investments and Logistics | ر.س3.30 | 0.9% +ر.س18.0m | 40.3% | PS4x |