Bullish: Analysts Just Made A Massive Upgrade To Their City Cement Company (TADAWUL:3003) Forecasts
Apr 24
Saudi Arabian (Tadawul) Basic Materials Industry Analysis
UpdatedMay 29, 2024
DataAggregated Company Financials
Companies23
- 7D-2.3%
- 3M-7.1%
- 1Y-21.5%
- YTD-11.7%
Over the last 7 days, the Basic Materials industry has dropped 2.3%, driven by a pullback from Yamama Saudi Cement of 3.3%. The industry has fallen 22% in the last year. Earnings are forecast to grow by 9.6% annually.
Industry Valuation and Performance
Has the Saudi Arabian Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ر.س51.2b | ر.س10.5b | ر.س2.1b | 25.1x | 24.4x | 4.9x |
| Sat, 27 Apr 2024 | ر.س51.6b | ر.س10.5b | ر.س2.1b | 26.7x | 24.3x | 4.9x |
| Mon, 25 Mar 2024 | ر.س54.1b | ر.س10.6b | ر.س2.2b | 27.6x | 24.4x | 5.1x |
| Wed, 21 Feb 2024 | ر.س53.8b | ر.س10.9b | ر.س2.4b | 24.5x | 22.2x | 4.9x |
| Fri, 19 Jan 2024 | ر.س53.3b | ر.س10.9b | ر.س2.4b | 23.5x | 22x | 4.9x |
| Sun, 17 Dec 2023 | ر.س57.2b | ر.س10.9b | ر.س2.4b | 25.8x | 23.6x | 5.3x |
| Tue, 14 Nov 2023 | ر.س53.4b | ر.س10.9b | ر.س2.5b | 23.2x | 21.8x | 4.9x |
| Thu, 12 Oct 2023 | ر.س54.7b | ر.س11.2b | ر.س2.6b | 20.6x | 20.6x | 4.9x |
| Sat, 09 Sep 2023 | ر.س57.7b | ر.س11.2b | ر.س2.7b | 20.9x | 21.8x | 5.2x |
| Mon, 07 Aug 2023 | ر.س62.0b | ر.س11.2b | ر.س2.6b | 26.1x | 23.6x | 5.5x |
| Wed, 05 Jul 2023 | ر.س66.0b | ر.س11.1b | ر.س2.6b | 27.9x | 25.3x | 5.9x |
| Fri, 02 Jun 2023 | ر.س63.2b | ر.س11.1b | ر.س2.6b | 27x | 24.2x | 5.7x |
| Sun, 30 Apr 2023 | ر.س61.1b | ر.س10.7b | ر.س2.3b | 26.1x | 26.1x | 5.7x |
| Tue, 28 Mar 2023 | ر.س57.2b | ر.س10.2b | ر.س2.0b | 26.4x | 29.3x | 5.6x |
| Thu, 23 Feb 2023 | ر.س57.4b | ر.س9.9b | ر.س1.7b | 27.2x | 33.1x | 5.8x |
| Sat, 21 Jan 2023 | ر.س58.7b | ر.س9.9b | ر.س1.7b | 28x | 33.8x | 5.9x |
| Mon, 19 Dec 2022 | ر.س53.4b | ر.س9.9b | ر.س1.7b | 25.6x | 30.8x | 5.4x |
| Wed, 16 Nov 2022 | ر.س57.8b | ر.س9.9b | ر.س1.8b | 26.5x | 32.4x | 5.8x |
| Fri, 14 Oct 2022 | ر.س59.7b | ر.س9.6b | ر.س1.7b | 27.8x | 35.9x | 6.2x |
| Sun, 11 Sep 2022 | ر.س61.9b | ر.س9.6b | ر.س1.7b | 29x | 37.2x | 6.4x |
| Tue, 09 Aug 2022 | ر.س63.6b | ر.س9.9b | ر.س1.9b | 29.4x | 33x | 6.4x |
| Thu, 07 Jul 2022 | ر.س58.9b | ر.س9.9b | ر.س1.9b | 27.7x | 30.9x | 5.9x |
| Sat, 04 Jun 2022 | ر.س65.6b | ر.س9.9b | ر.س1.9b | 31.9x | 34.4x | 6.6x |
| Mon, 02 May 2022 | ر.س70.4b | ر.س10.4b | ر.س2.3b | 26x | 30.6x | 6.7x |
| Wed, 30 Mar 2022 | ر.س71.7b | ر.س59.9b | ر.س11.6b | 25.5x | 6.2x | 1.2x |
| Fri, 25 Feb 2022 | ر.س65.8b | ر.س60.5b | ر.س11.9b | 19.9x | 5.5x | 1.1x |
| Sun, 23 Jan 2022 | ر.س69.1b | ر.س60.6b | ر.س12.1b | 20.1x | 5.7x | 1.1x |
| Tue, 21 Dec 2021 | ر.س66.8b | ر.س60.6b | ر.س12.1b | 19.6x | 5.5x | 1.1x |
| Thu, 18 Nov 2021 | ر.س69.6b | ر.س60.6b | ر.س12.1b | 20.3x | 5.7x | 1.1x |
| Sat, 16 Oct 2021 | ر.س71.1b | ر.س61.2b | ر.س12.5b | 18x | 5.7x | 1.2x |
| Mon, 13 Sep 2021 | ر.س76.6b | ر.س61.2b | ر.س12.5b | 19.5x | 6.1x | 1.3x |
| Wed, 11 Aug 2021 | ر.س79.7b | ر.س61.1b | ر.س12.5b | 20.7x | 6.4x | 1.3x |
| Sun, 06 Jun 2021 | ر.س79.4b | ر.س11.4b | ر.س3.4b | 22.4x | 23.5x | 7x |
Price to Earnings Ratio
23.5x
Current Industry PE
- Investors are optimistic on the Saudi Basic Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.4x which is higher than its 3-year average PE of 22.0x.
- The industry is trading close to its 3-year average PS ratio of 4.5x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 15% per year over the last three years,
- Revenues have also declined 2.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Materials industry?
| SA Market | -2.97% | |
| Materials | -5.49% | |
| Basic Materials | -2.30% | |
| Construction Materials | -2.30% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2360 Saudi Vitrified Clay Pipe | ر.س42.90 | 3.9% +ر.س24.0m | -7.0% | PS9.2x | |
| 3001 Hail Cement | ر.س11.74 | 0.3% +ر.س3.9m | -8.3% | PE53.6x |