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May 02
Saudi Arabian (Tadawul) Materials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies61
- 7D-0.3%
- 3M-0.6%
- 1Y-5.6%
- YTD-3.3%
In the last week, Materials has been flat. As for the longer term, the industry has declined 5.6% in the last year. Looking forward, earnings are forecast to grow by 44% annually.
Sector Valuation and Performance
Has the Saudi Arabian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ر.س690.4b | ر.س245.3b | ر.س9.2b | 30.8x | 74.7x | 2.8x |
| Tue, 16 Apr 2024 | ر.س733.0b | ر.س248.3b | ر.س8.8b | 31.5x | 83.5x | 3x |
| Thu, 14 Mar 2024 | ر.س702.8b | ر.س248.8b | ر.س8.9b | 29.5x | 79.1x | 2.8x |
| Sat, 10 Feb 2024 | ر.س682.4b | ر.س270.0b | ر.س13.3b | 28x | 51.4x | 2.5x |
| Mon, 08 Jan 2024 | ر.س696.7b | ر.س270.0b | ر.س13.3b | 26.6x | 52.5x | 2.6x |
| Wed, 06 Dec 2023 | ر.س654.8b | ر.س269.9b | ر.س13.2b | 27.1x | 49.6x | 2.4x |
| Fri, 03 Nov 2023 | ر.س633.2b | ر.س281.6b | ر.س16.7b | 22.2x | 38x | 2.2x |
| Sun, 01 Oct 2023 | ر.س676.9b | ر.س283.1b | ر.س17.3b | 25.1x | 39.1x | 2.4x |
| Tue, 29 Aug 2023 | ر.س700.2b | ر.س282.9b | ر.س17.3b | 26.8x | 40.4x | 2.5x |
| Thu, 27 Jul 2023 | ر.س715.7b | ر.س313.5b | ر.س32.6b | 25.7x | 22x | 2.3x |
| Sat, 24 Jun 2023 | ر.س714.4b | ر.س313.3b | ر.س32.8b | 26.6x | 21.8x | 2.3x |
| Mon, 22 May 2023 | ر.س727.5b | ر.س327.9b | ر.س41.3b | 22.5x | 17.6x | 2.2x |
| Wed, 19 Apr 2023 | ر.س727.0b | ر.س332.8b | ر.س44.9b | 22x | 16.2x | 2.2x |
| Fri, 17 Mar 2023 | ر.س669.6b | ر.س334.1b | ر.س48.3b | 20.3x | 13.9x | 2x |
| Sun, 12 Feb 2023 | ر.س714.0b | ر.س341.1b | ر.س55.1b | 21.8x | 12.9x | 2.1x |
| Tue, 10 Jan 2023 | ر.س736.3b | ر.س341.0b | ر.س55.1b | 21.5x | 13.4x | 2.2x |
| Thu, 08 Dec 2022 | ر.س643.6b | ر.س331.8b | ر.س53.8b | 21x | 12x | 1.9x |
| Sat, 05 Nov 2022 | ر.س703.2b | ر.س330.7b | ر.س54.3b | 21.9x | 12.9x | 2.1x |
| Mon, 03 Oct 2022 | ر.س721.3b | ر.س322.5b | ر.س58.3b | 22x | 12.4x | 2.2x |
| Wed, 31 Aug 2022 | ر.س807.2b | ر.س323.1b | ر.س58.4b | 23.7x | 13.8x | 2.5x |
| Fri, 29 Jul 2022 | ر.س707.2b | ر.س297.3b | ر.س54.1b | 20.9x | 13.1x | 2.4x |
| Sun, 26 Jun 2022 | ر.س700.2b | ر.س297.3b | ر.س54.1b | 19.6x | 12.9x | 2.4x |
| Tue, 24 May 2022 | ر.س806.7b | ر.س297.1b | ر.س54.4b | 22.1x | 14.8x | 2.7x |
| Thu, 21 Apr 2022 | ر.س932.3b | ر.س273.9b | ر.س50.8b | 23.3x | 18.4x | 3.4x |
| Sat, 19 Mar 2022 | ر.س895.8b | ر.س322.4b | ر.س58.3b | 20.6x | 15.4x | 2.8x |
| Mon, 14 Feb 2022 | ر.س824.8b | ر.س316.9b | ر.س55.5b | n/a | 14.9x | 2.6x |
| Wed, 12 Jan 2022 | ر.س797.4b | ر.س301.0b | ر.س50.2b | 18.7x | 15.9x | 2.6x |
| Fri, 10 Dec 2021 | ر.س748.8b | ر.س301.1b | ر.س50.2b | 18x | 14.9x | 2.5x |
| Sun, 07 Nov 2021 | ر.س824.7b | ر.س300.3b | ر.س50.2b | 19.1x | 16.4x | 2.7x |
| Tue, 05 Oct 2021 | ر.س838.5b | ر.س286.7b | ر.س41.1b | 21.5x | 20.4x | 2.9x |
| Thu, 02 Sep 2021 | ر.س780.4b | ر.س287.2b | ر.س41.1b | 20.4x | 19x | 2.7x |
| Sat, 31 Jul 2021 | ر.س781.6b | ر.س287.2b | ر.س41.1b | 21.6x | 19x | 2.7x |
Price to Earnings Ratio
49.7x
Current Industry PE
- Investors are optimistic on the Saudi Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 74.7x which is higher than its 3-year average PE of 26.9x.
- The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
- The earnings for companies in the Materials industry have declined 15% per year over the last three years.
- Meanwhile revenues for these companies have grown 5.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Materials sector?
| SA Market | -0.48% | |
| Materials | -0.33% | |
| Chemicals | 0.20% | |
| Basic Materials | -0.073% | |
| Metals and Mining | -1.30% | |
| Packaging | -2.29% | |
| Paper and Forestry Products | -3.97% | |
Industry PE
- Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 45.9x.
- Analysts are expecting annual earnings growth of 27.8%, which is higher than its past year's earnings decline of 68.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 55% over the next 5 years.
- This is better than its past earnings decline of 64% per year.
- In contrast, the Basic Materials industry is expected to see its earnings grow by 9.6% 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 | |
|---|---|---|---|---|---|
| 2250 Saudi Industrial Investment Group | ر.س22.20 | 2.0% +ر.س332.1m | -13.1% | PE44x | |
| 2020 SABIC Agri-Nutrients | ر.س112.20 | 0.4% +ر.س190.4m | -13.8% | PE15.2x | |
| 2240 Zamil Industrial Investment | ر.س22.26 | 10.7% +ر.س129.6m | 14.2% | PS0.3x | |
| 3040 Qassim Cement | ر.س58.90 | 2.1% +ر.س108.0m | -12.5% | PE37.3x | |
| 2330 Advanced Petrochemical | ر.س40.00 | 1.0% +ر.س103.4m | -10.9% | PE60.4x |