With EPS Growth And More, Astra Industrial Group (TADAWUL:1212) Makes An Interesting Case
May 07
Saudi Arabian (Tadawul) Industrials Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies44
- 7D-1.7%
- 3M-1.6%
- 1Y44.6%
- YTD13.7%
Over the last 7 days, the Industrials industry has dropped 1.7%, driven by a pullback from Astra Industrial Group of 6.4%. In contrast, Riyadh Cables Group has gained 9.8%. In the past year, the industry has gained 45%. As for the next few years, earnings are expected to grow by 19% 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 |
|---|---|---|---|---|---|---|
| Mon, 20 May 2024 | ر.س129.3b | ر.س45.1b | ر.س3.9b | 23.7x | 33.4x | 2.9x |
| Wed, 17 Apr 2024 | ر.س129.0b | ر.س44.8b | ر.س3.3b | 25.1x | 38.7x | 2.9x |
| Fri, 15 Mar 2024 | ر.س135.0b | ر.س44.1b | ر.س3.4b | 26.5x | 39.5x | 3.1x |
| Sun, 11 Feb 2024 | ر.س122.1b | ر.س43.7b | ر.س3.3b | 22.4x | 37.1x | 2.8x |
| Tue, 09 Jan 2024 | ر.س113.7b | ر.س43.7b | ر.س3.3b | 23.6x | 34.6x | 2.6x |
| Thu, 07 Dec 2023 | ر.س99.3b | ر.س44.0b | ر.س3.3b | 20.4x | 29.9x | 2.3x |
| Sat, 04 Nov 2023 | ر.س89.1b | ر.س42.8b | ر.س3.1b | 17.6x | 29x | 2.1x |
| Mon, 02 Oct 2023 | ر.س78.4b | ر.س41.0b | ر.س2.7b | 20.9x | 28.6x | 1.9x |
| Wed, 30 Aug 2023 | ر.س75.9b | ر.س39.6b | ر.س2.6b | 19.7x | 29.7x | 1.9x |
| Fri, 28 Jul 2023 | ر.س76.9b | ر.س38.3b | ر.س2.2b | 23.4x | 35.6x | 2x |
| Sun, 25 Jun 2023 | ر.س74.0b | ر.س37.7b | ر.س2.1b | 22.1x | 34.6x | 2x |
| Tue, 23 May 2023 | ر.س67.1b | ر.س35.3b | ر.س1.9b | 22x | 34.9x | 1.9x |
| Thu, 20 Apr 2023 | ر.س63.6b | ر.س34.9b | ر.س1.9b | 23.1x | 33.8x | 1.8x |
| Sat, 18 Mar 2023 | ر.س58.0b | ر.س33.1b | ر.س1.7b | 21.1x | 33.3x | 1.8x |
| Mon, 13 Feb 2023 | ر.س56.0b | ر.س33.0b | ر.س1.7b | 20.8x | 33.1x | 1.7x |
| Wed, 11 Jan 2023 | ر.س55.3b | ر.س33.0b | ر.س1.7b | 20.5x | 32.7x | 1.7x |
| Fri, 09 Dec 2022 | ر.س48.3b | ر.س26.6b | ر.س1.4b | 19.4x | 35.5x | 1.8x |
| Sun, 06 Nov 2022 | ر.س52.0b | ر.س25.4b | ر.س1.1b | 23.2x | 48.3x | 2.1x |
| Tue, 04 Oct 2022 | ر.س52.1b | ر.س25.1b | ر.س1.1b | 23.9x | 47.9x | 2.1x |
| Thu, 01 Sep 2022 | ر.س54.1b | ر.س24.8b | ر.س1.1b | 21.5x | 50.2x | 2.2x |
| Sat, 30 Jul 2022 | ر.س50.0b | ر.س23.5b | ر.س1.1b | 21.1x | 46.9x | 2.1x |
| Mon, 27 Jun 2022 | ر.س47.2b | ر.س23.3b | ر.س1.0b | 20.4x | 45x | 2x |
| Wed, 25 May 2022 | ر.س50.8b | ر.س22.8b | ر.س975.4m | 21.7x | 52.1x | 2.2x |
| Fri, 22 Apr 2022 | ر.س57.0b | ر.س22.3b | ر.س805.6m | 26.6x | 70.8x | 2.6x |
| Sun, 20 Mar 2022 | ر.س56.1b | ر.س21.8b | ر.س832.7m | 22.1x | 67.4x | 2.6x |
| Tue, 15 Feb 2022 | ر.س56.0b | ر.س21.1b | ر.س587.8m | 23.3x | 95.2x | 2.6x |
| Thu, 13 Jan 2022 | ر.س52.4b | ر.س20.5b | ر.س489.6m | 23.6x | 106.9x | 2.6x |
| Sat, 11 Dec 2021 | ر.س51.8b | ر.س20.5b | ر.س489.6m | 23.7x | 105.8x | 2.5x |
| Mon, 08 Nov 2021 | ر.س54.6b | ر.س20.1b | ر.س331.2m | n/a | 164.9x | 2.7x |
| Wed, 06 Oct 2021 | ر.س56.3b | ر.س19.9b | ر.س324.3m | 28.9x | 173.7x | 2.8x |
| Fri, 03 Sep 2021 | ر.س57.1b | ر.س19.8b | ر.س306.9m | 31x | 186x | 2.9x |
| Sun, 01 Aug 2021 | ر.س57.2b | ر.س19.8b | ر.س306.9m | 33.5x | 186.3x | 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 33.4x which is lower than its 3-year average PE of 60.6x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.9x.
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 33% 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 | -0.48% | |
| Industrials | -1.70% | |
| Electrical | 6.77% | |
| Professional Services | 2.36% | |
| Logistics | 0.20% | |
| Aerospace & Defense | 0% | |
| Airlines | 0% | |
| Marine and Shipping | 0% | |
| Machinery | -1.30% | |
| Trade Distributors | -1.52% | |
| Building | -2.01% | |
| Commercial Services | -4.03% | |
| Industrials | -5.29% | |
| Transportation | -5.48% | |
| Construction | -5.73% | |
| Infrastructure | -8.06% | |
Industry PE
- Investors are most optimistic about the Building industry which is trading above its 3-year average PE ratio of 21.6x.
- Analysts are expecting annual earnings growth of 91.5%, 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 91% over the next 5 years.
- This is better than its past earnings growth rate of 4.8% per year.
- In contrast, the Electrical industry is expected to see its earnings grow by 9.8% 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 | |
|---|---|---|---|---|---|
| 4142 Riyadh Cables Group | ر.س104.80 | 9.1% +ر.س1.3b | 73.2% | PE27.9x | |
| 4263 SAL Saudi Logistics Services | ر.س274.80 | 1.4% +ر.س304.0m | n/a | PE43.1x | |
| 1303 Electrical Industries | ر.س6.00 | 3.6% +ر.س233.6m | 263.2% | PE27.7x | |
| 1831 Maharah for Human Resources | ر.س6.30 | 1.9% +ر.س54.0m | 21.9% | PE25.6x | |
| 1833 Almawarid Manpower | ر.س122.00 | 2.9% +ر.س51.0m | n/a | PE20.6x |
