Saudi Arabian (Tadawul) Metals and Mining Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies15
- 7D-1.3%
- 3M1.2%
- 1Y13.5%
- YTD3.2%
Over the last 7 days, the Metals and Mining industry has dropped 1.3%, driven by Saudi Arabian Mining Company (Ma'aden) declining 1.4%. This takes the industry's 12 month performance to a gain of 13%. Earnings are forecast to grow by 28% annually.
Industry Valuation and Performance
Has the Saudi Arabian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ر.س207.3b | ر.س42.0b | ر.س2.2b | 86.1x | 92.5x | 4.9x |
| Tue, 16 Apr 2024 | ر.س218.2b | ر.س42.2b | ر.س1.7b | 101.7x | 131.5x | 5.2x |
| Thu, 14 Mar 2024 | ر.س215.7b | ر.س42.1b | ر.س1.6b | 38.8x | 131.4x | 5.1x |
| Sat, 10 Feb 2024 | ر.س199.2b | ر.س43.0b | ر.س1.6b | 36.7x | 123.6x | 4.6x |
| Mon, 08 Jan 2024 | ر.س191.5b | ر.س43.0b | ر.س1.6b | 35.1x | 118.8x | 4.5x |
| Wed, 06 Dec 2023 | ر.س160.4b | ر.س42.8b | ر.س1.5b | 32.7x | 104.3x | 3.7x |
| Fri, 03 Nov 2023 | ر.س148.8b | ر.س46.4b | ر.س3.7b | 34.6x | 40x | 3.2x |
| Sun, 01 Oct 2023 | ر.س164.1b | ر.س46.3b | ر.س3.7b | 27.9x | 44x | 3.5x |
| Tue, 29 Aug 2023 | ر.س163.6b | ر.س46.2b | ر.س3.7b | 27.3x | 43.9x | 3.5x |
| Thu, 27 Jul 2023 | ر.س177.7b | ر.س50.8b | ر.س7.6b | 23.9x | 23.4x | 3.5x |
| Sat, 24 Jun 2023 | ر.س170.0b | ر.س49.8b | ر.س7.5b | 24x | 22.6x | 3.4x |
| Mon, 22 May 2023 | ر.س181.9b | ر.س50.3b | ر.س9.3b | 24.8x | 19.6x | 3.6x |
| Wed, 19 Apr 2023 | ر.س183.2b | ر.س50.3b | ر.س9.3b | 21.4x | 19.7x | 3.6x |
| Fri, 17 Mar 2023 | ر.س161.4b | ر.س50.0b | ر.س9.3b | 19.9x | 17.3x | 3.2x |
| Sun, 12 Feb 2023 | ر.س183.2b | ر.س48.7b | ر.س10.3b | 22.6x | 17.8x | 3.8x |
| Tue, 10 Jan 2023 | ر.س194.1b | ر.س48.7b | ر.س10.3b | 20.1x | 18.8x | 4x |
| Thu, 08 Dec 2022 | ر.س174.7b | ر.س48.6b | ر.س10.4b | 18.4x | 16.7x | 3.6x |
| Sat, 05 Nov 2022 | ر.س190.8b | ر.س48.0b | ر.س10.4b | 21.7x | 18.3x | 4x |
| Mon, 03 Oct 2022 | ر.س185.0b | ر.س44.7b | ر.س9.6b | 22.7x | 19.3x | 4.1x |
| Wed, 31 Aug 2022 | ر.س201.8b | ر.س45.1b | ر.س9.6b | 20.7x | 21x | 4.5x |
| Fri, 29 Jul 2022 | ر.س151.9b | ر.س39.2b | ر.س6.8b | 20.9x | 22.4x | 3.9x |
| Sun, 26 Jun 2022 | ر.س135.6b | ر.س39.2b | ر.س6.8b | 18.8x | 20x | 3.5x |
| Tue, 24 May 2022 | ر.س153.6b | ر.س39.6b | ر.س7.0b | 20.9x | 22.1x | 3.9x |
| Thu, 21 Apr 2022 | ر.س184.8b | ر.س36.0b | ر.س5.6b | 25.4x | 33.1x | 5.1x |
| Sat, 19 Mar 2022 | ر.س162.0b | ر.س35.9b | ر.س5.4b | 12.1x | 29.8x | 4.5x |
| Mon, 14 Feb 2022 | ر.س124.9b | ر.س32.1b | ر.س3.8b | n/a | 33x | 3.9x |
| Wed, 12 Jan 2022 | ر.س112.8b | ر.س32.0b | ر.س3.8b | 16.4x | 29.7x | 3.5x |
| Fri, 10 Dec 2021 | ر.س98.4b | ر.س32.1b | ر.س3.8b | 16.5x | 26x | 3.1x |
| Sun, 07 Nov 2021 | ر.س105.7b | ر.س31.2b | ر.س3.7b | 17.8x | 28.3x | 3.4x |
| Tue, 05 Oct 2021 | ر.س114.4b | ر.س29.1b | ر.س2.4b | 20.6x | 47x | 3.9x |
| Thu, 02 Sep 2021 | ر.س100.5b | ر.س29.7b | ر.س2.5b | 20.1x | 40.6x | 3.4x |
| Sat, 31 Jul 2021 | ر.س97.1b | ر.س29.7b | ر.س2.5b | 20.8x | 39.2x | 3.3x |
Price to Earnings Ratio
105.9x
Current Industry PE
- Investors are optimistic on the Saudi Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 92.5x which is higher than its 3-year average PE of 45.9x.
- The 3-year average PS ratio of 3.9x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 42% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Materials industry?
| SA Market | -0.48% | |
| Materials | -0.33% | |
| Metals and Mining | -1.30% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Steel | -1.16% | |
| Diversified Metals and Mining | -1.31% | |
Industry PE
- Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 22.4%, which is higher than its past year's earnings decline of 64.0% per year.
- Investors are most pessimistic about the Diversified Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 41.0x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings decline of 70% per year.
- In contrast, the Steel industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| 1321 East Pipes Integrated Company for Industry | ر.س167.00 | 3.0% +ر.س151.2m | 198.2% | PE42.1x | |
| 2240 Zamil Industrial Investment | ر.س22.06 | 8.7% +ر.س105.6m | 14.2% | PS0.3x | |
| 1322 Al Masane Al Kobra Mining | ر.س59.50 | 1.4% +ر.س71.0m | 3.1% | PE143.4x | |
| 9523 Group Five Pipe Saudi | ر.س39.10 | 0.3% +ر.س2.8m | 70.0% | PE271.4x | |
| 9588 Riyadh Steel | ر.س32.60 | 0.3% +ر.س500.0k | n/a | n/a |