What Almarai Company's (TADAWUL:2280) P/E Is Not Telling You
Apr 16
Saudi Arabian (Tadawul) Consumer Staples Sector Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies36
- 7D1.1%
- 3M2.9%
- 1Y11.2%
- YTD10.9%
Over the last 7 days, the Consumer Staples industry has remained flat. The past year has been better, since the industry has gained 11% in that time. Earnings are forecast to grow by 12% annually.
Sector Valuation and Performance
Has the Saudi Arabian Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | ر.س192.8b | ر.س97.2b | ر.س6.5b | 25.9x | 29.5x | 2x |
| Thu, 14 Mar 2024 | ر.س193.8b | ر.س96.0b | ر.س6.3b | 29.2x | 30.8x | 2x |
| Sat, 10 Feb 2024 | ر.س178.3b | ر.س95.7b | ر.س6.2b | 27x | 29x | 1.9x |
| Mon, 08 Jan 2024 | ر.س173.0b | ر.س95.6b | ر.س6.0b | 25.7x | 28.8x | 1.8x |
| Wed, 06 Dec 2023 | ر.س160.8b | ر.س95.6b | ر.س6.0b | 24.1x | 26.7x | 1.7x |
| Fri, 03 Nov 2023 | ر.س156.4b | ر.س95.7b | ر.س6.5b | 24.6x | 24x | 1.6x |
| Sun, 01 Oct 2023 | ر.س169.7b | ر.س95.6b | ر.س6.5b | 27.1x | 26.3x | 1.8x |
| Tue, 29 Aug 2023 | ر.س177.7b | ر.س95.5b | ر.س6.5b | 26.4x | 27.5x | 1.9x |
| Thu, 27 Jul 2023 | ر.س187.8b | ر.س95.7b | ر.س6.5b | 29.2x | 29x | 2x |
| Sat, 24 Jun 2023 | ر.س175.9b | ر.س95.3b | ر.س6.4b | 28.5x | 27.5x | 1.8x |
| Mon, 22 May 2023 | ر.س163.0b | ر.س93.3b | ر.س6.2b | 30.5x | 26.4x | 1.7x |
| Wed, 19 Apr 2023 | ر.س157.2b | ر.س92.3b | ر.س5.8b | 29.9x | 27x | 1.7x |
| Fri, 17 Mar 2023 | ر.س144.0b | ر.س91.2b | ر.س5.0b | 30x | 28.6x | 1.6x |
| Sun, 12 Feb 2023 | ر.س143.3b | ر.س91.0b | ر.س5.0b | 29.8x | 28.9x | 1.6x |
| Tue, 10 Jan 2023 | ر.س141.4b | ر.س90.1b | ر.س4.8b | 30.4x | 29.2x | 1.6x |
| Thu, 08 Dec 2022 | ر.س137.3b | ر.س89.9b | ر.س4.8b | 30.8x | 28.5x | 1.5x |
| Sat, 05 Nov 2022 | ر.س151.1b | ر.س88.9b | ر.س4.2b | 35.4x | 36x | 1.7x |
| Mon, 03 Oct 2022 | ر.س149.4b | ر.س86.7b | ر.س4.1b | 40.6x | 36.7x | 1.7x |
| Wed, 31 Aug 2022 | ر.س154.4b | ر.س86.6b | ر.س4.1b | 42.9x | 38.1x | 1.8x |
| Fri, 29 Jul 2022 | ر.س145.4b | ر.س84.4b | ر.س3.8b | 37.2x | 38.2x | 1.7x |
| Sun, 26 Jun 2022 | ر.س141.0b | ر.س83.8b | ر.س3.8b | 34.7x | 37.4x | 1.7x |
| Tue, 24 May 2022 | ر.س147.6b | ر.س83.3b | ر.س3.6b | 38.3x | 40.5x | 1.8x |
| Thu, 21 Apr 2022 | ر.س152.0b | ر.س81.1b | ر.س3.5b | 48.5x | 43.7x | 1.9x |
| Sat, 19 Mar 2022 | ر.س126.1b | ر.س71.9b | ر.س2.9b | 37.1x | 43.4x | 1.8x |
| Mon, 14 Feb 2022 | ر.س120.3b | ر.س66.7b | ر.س2.6b | n/a | 45.6x | 1.8x |
| Wed, 12 Jan 2022 | ر.س117.1b | ر.س64.6b | ر.س3.0b | 34.2x | 39.1x | 1.8x |
| Fri, 10 Dec 2021 | ر.س115.0b | ر.س62.1b | ر.س2.8b | 33.8x | 40.4x | 1.9x |
| Sun, 07 Nov 2021 | ر.س123.2b | ر.س61.8b | ر.س2.9b | 37.4x | 42.4x | 2x |
| Tue, 05 Oct 2021 | ر.س131.0b | ر.س60.2b | ر.س3.3b | 34.8x | 40.2x | 2.2x |
| Thu, 02 Sep 2021 | ر.س134.3b | ر.س60.3b | ر.س3.2b | 34.2x | 41.3x | 2.2x |
| Sat, 31 Jul 2021 | ر.س135.6b | ر.س58.9b | ر.س3.2b | 35.9x | 42.7x | 2.3x |
| Tue, 04 May 2021 | ر.س129.4b | ر.س60.1b | ر.س3.9b | 36.4x | 32.9x | 2.2x |
Price to Earnings Ratio
32.9x
Current Industry PE
- Investors are pessimistic on the Saudi Consumer Staples 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 29.1x which is lower than its 3-year average PE of 34.2x.
- The industry is trading close to its 3-year average PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 17% 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 Consumer Staples sector?
| SA Market | 0.086% | |
| Consumer Staples | 1.07% | |
| Food | 1.23% | |
| Beverage | 1.08% | |
| Food and Staples Retail | 0.78% | |
| Personal Products | 0.19% | |
| Tobacco | 0% | |
| Household Products | -4.55% | |
Industry PE
- Investors are most optimistic about the Beverage industry, which is trading close to its 3-year average PE ratio of 30.7x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Household Products industry, which is trading below its 3-year average of 25.9x.
Forecasted Growth
- Analysts are most optimistic on the Food industry, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 19% per year.
- In contrast, the Food and Staples Retail industry is expected to see its earnings grow by 9.5% 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 | |
|---|---|---|---|---|---|
| 2280 Almarai | ر.س57.90 | 1.4% +ر.س800.0m | 1.2% | PE28.3x | |
| 6010 National Agricultural Development | ر.س30.80 | 5.8% +ر.س512.8m | 11.8% | PE30.8x | |
| 4162 Almunajem Foods | ر.س112.80 | 6.6% +ر.س420.0m | 88.0% | PE24x | |
| 4161 BinDawood Holding | ر.س9.28 | 4.0% +ر.س411.5m | 39.5% | PE38.4x | |
| 2270 Saudia Dairy & Foodstuff | ر.س375.00 | 1.1% +ر.س134.4m | 43.2% | PE28.7x |
