Saudi Arabian Materials Undervalued over 20% based on DCF

National Industrialization

Market Cap: ر.س6.0b

Operates in the petrochemicals, chemicals, metals, wires, and industrial and automotive batteries sectors in the Kingdom of Saudi Arabia, rest of the Middle East, Asia, Africa, Europe, and internationally.

Saudi Paper Manufacturing

Market Cap: ر.س2.2b

Manufactures and sells paper pulp and tissue paper products in the Kingdom of Saudi Arabia, Gulf Cooperation Council countries, and internationally.

Middle East Company for Manufacturing and Producing Paper

Market Cap: ر.س1.5b

Engages in the production and sale of container boards and industrial papers in the Kingdom of Saudi Arabia, the Middle East, Africa, Asia, the Americas, and Europe.

Umm Al-Qura Cement

Market Cap: ر.س655.1m

Manufactures and sells clinker and cement products in the Kingdom of Saudi Arabia.

Al Rashid Industrial

Market Cap: ر.س441.2m

Manufactures and sells plastic packaging products to the government and private sectors in Saudi Arabia.

Nass Petrol Factory

Market Cap: ر.س92.9m

Produces and sells petroleum derivatives.

Molan Steel

Market Cap: ر.س34.6m

Produces and supplies steel products to the construction and steel fabrication industries in Saudi Arabia and internationally.