Earnings Not Telling The Story For Al-Saif Stores for Development & Investment Company (TADAWUL:4192) After Shares Rise 25%
Mar 20
Saudi Arabian (Tadawul) Specialty Stores Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies8
- 7D-2.1%
- 3M-6.2%
- 1Y0.4%
- YTD-5.3%
Over the last 7 days, the Specialty Stores industry has dropped 2.1%, driven by a pullback from Saudi Automotive Services of 9.2%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the Saudi Arabian Specialty Stores Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | ر.س33.8b | ر.س28.4b | ر.س1.5b | 36.9x | 22.6x | 1.2x |
| Mon, 15 Apr 2024 | ر.س36.5b | ر.س28.2b | ر.س1.5b | 36.9x | 23.8x | 1.3x |
| Wed, 13 Mar 2024 | ر.س36.6b | ر.س28.2b | ر.س1.4b | 36x | 25.4x | 1.3x |
| Fri, 09 Feb 2024 | ر.س35.5b | ر.س28.0b | ر.س1.4b | 28.1x | 24.6x | 1.3x |
| Sun, 07 Jan 2024 | ر.س35.7b | ر.س27.8b | ر.س1.4b | 33.4x | 25x | 1.3x |
| Tue, 05 Dec 2023 | ر.س31.8b | ر.س27.8b | ر.س1.4b | 31.3x | 22.2x | 1.1x |
| Thu, 02 Nov 2023 | ر.س33.4b | ر.س33.7b | ر.س1.6b | 21.7x | 20.9x | 1x |
| Sat, 30 Sep 2023 | ر.س34.2b | ر.س33.6b | ر.س1.6b | 23.7x | 21.3x | 1x |
| Mon, 28 Aug 2023 | ر.س34.2b | ر.س33.6b | ر.س1.6b | 23.7x | 21.3x | 1x |
| Wed, 26 Jul 2023 | ر.س34.4b | ر.س27.0b | ر.س1.5b | 31.7x | 23.3x | 1.3x |
| Fri, 23 Jun 2023 | ر.س34.3b | ر.س27.0b | ر.س1.5b | 26.8x | 23.1x | 1.3x |
| Sun, 21 May 2023 | ر.س35.5b | ر.س32.1b | ر.س1.3b | 25.5x | 28.1x | 1.1x |
| Tue, 18 Apr 2023 | ر.س34.9b | ر.س31.6b | ر.س1.3b | 23.4x | 27.3x | 1.1x |
| Thu, 16 Mar 2023 | ر.س31.9b | ر.س30.1b | ر.س1.3b | 20x | 24.4x | 1.1x |
| Sat, 11 Feb 2023 | ر.س32.3b | ر.س30.3b | ر.س1.6b | 21.9x | 20.1x | 1.1x |
| Mon, 09 Jan 2023 | ر.س32.4b | ر.س30.3b | ر.س1.6b | 22.4x | 20.1x | 1.1x |
| Wed, 07 Dec 2022 | ر.س30.0b | ر.س29.6b | ر.س1.5b | 23.4x | 20.6x | 1x |
| Fri, 04 Nov 2022 | ر.س31.0b | ر.س29.3b | ر.س1.5b | 24.2x | 20.9x | 1.1x |
| Sun, 02 Oct 2022 | ر.س32.2b | ر.س28.2b | ر.س1.5b | 28.9x | 22x | 1.1x |
| Tue, 30 Aug 2022 | ر.س35.2b | ر.س28.2b | ر.س1.5b | 31.8x | 24.1x | 1.2x |
| Thu, 28 Jul 2022 | ر.س31.1b | ر.س26.8b | ر.س1.5b | 38.4x | 21.4x | 1.2x |
| Sat, 25 Jun 2022 | ر.س32.0b | ر.س26.5b | ر.س1.2b | 28.1x | 27.7x | 1.2x |
| Mon, 23 May 2022 | ر.س35.1b | ر.س26.5b | ر.س1.2b | 32x | 30x | 1.3x |
| Wed, 20 Apr 2022 | ر.س39.2b | ر.س26.2b | ر.س1.2b | 35.6x | 33.4x | 1.5x |
| Fri, 18 Mar 2022 | ر.س38.7b | ر.س26.2b | ر.س1.2b | 33.5x | 33x | 1.5x |
| Sun, 13 Feb 2022 | ر.س40.2b | ر.س26.1b | ر.س1.2b | 46.1x | 32.5x | 1.5x |
| Tue, 11 Jan 2022 | ر.س40.0b | ر.س26.0b | ر.س1.1b | 39.3x | 36.7x | 1.5x |
| Thu, 09 Dec 2021 | ر.س39.3b | ر.س26.0b | ر.س1.1b | 40.3x | 36.1x | 1.5x |
| Sat, 06 Nov 2021 | ر.س41.7b | ر.س25.6b | ر.س979.1m | 29.7x | 42.6x | 1.6x |
| Mon, 04 Oct 2021 | ر.س42.8b | ر.س24.9b | ر.س949.6m | 32x | 45x | 1.7x |
| Wed, 01 Sep 2021 | ر.س39.2b | ر.س19.5b | ر.س1.5b | 32.8x | 26.7x | 2x |
| Thu, 08 Jul 2021 | ر.س38.9b | ر.س19.5b | ر.س1.5b | 37.9x | 26.5x | 2x |
Price to Earnings Ratio
25.6x
Current Industry PE
- Investors are pessimistic on the Saudi Specialty Retail 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 22.6x which is lower than its 3-year average PE of 26.8x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Specialty Retail industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 13% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Consumer Discretionary industry?
| SA Market | -0.47% | |
| Consumer Discretionary | -2.65% | |
| Specialty Stores | -2.11% | |
| Home Furnishing Retail | 1.23% | |
| Specialty Stores | -0.53% | |
| Apparel Retail | -1.23% | |
| Computer and Electronics Retail | -2.52% | |
| Home Improvement Retail | -4.88% | |
| Automotive Retail | -9.22% | |
Industry PE
- Investors are most optimistic about the Home Furnishing Retail industry which is trading above its 3-year average PE ratio of 34.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Home Improvement Retail industry, expecting annual earnings growth of 101% over the next 5 years.
- In contrast, the Specialty Stores industry is expected to see its earnings grow by 8.3% 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 | |
|---|---|---|---|---|---|
| 4192 Al-Saif Stores for Development & Investment | ر.س11.50 | 1.2% +ر.س49.0m | 28.1% | PE41x |