Here's Why We're Not At All Concerned With Ash-Sharqiyah Development's (TADAWUL:6060) Cash Burn Situation
Apr 18
Saudi Arabian (Tadawul) Agricultural Products Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies7
- 7D11.6%
- 3M15.6%
- 1Y7.3%
- YTDn/a
In the last week, the Agricultural Products industry is up 9.0%, with National Agricultural Development up 13%. This takes the industry's 12 month performance to a gain of 4.0%. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Saudi Arabian Agricultural Products Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | ر.س15.0b | ر.س4.1b | ر.س460.0m | 26.6x | 32.6x | 3.7x |
| Wed, 20 Mar 2024 | ر.س14.7b | ر.س4.1b | ر.س464.0m | 32x | 31.6x | 3.6x |
| Fri, 16 Feb 2024 | ر.س7.8b | ر.س3.9b | ر.س365.1m | 23.1x | 21.5x | 2x |
| Sun, 14 Jan 2024 | ر.س7.0b | ر.س3.9b | ر.س365.1m | 20.4x | 19.1x | 1.8x |
| Tue, 12 Dec 2023 | ر.س6.9b | ر.س3.9b | ر.س365.1m | 19.3x | 18.9x | 1.8x |
| Thu, 09 Nov 2023 | ر.س6.0b | ر.س3.9b | ر.س238.4m | 23.8x | 25.1x | 1.5x |
| Sat, 07 Oct 2023 | ر.س8.9b | ر.س3.8b | ر.س190.0m | 30.4x | 46.6x | 2.4x |
| Mon, 04 Sep 2023 | ر.س9.2b | ر.س3.8b | ر.س184.2m | 31.9x | 50.1x | 2.5x |
| Wed, 02 Aug 2023 | ر.س9.2b | ر.س3.7b | ر.س161.6m | 43.1x | 56.8x | 2.5x |
| Fri, 30 Jun 2023 | ر.س8.4b | ر.س3.7b | ر.س161.6m | 35.6x | 52.2x | 2.3x |
| Sun, 28 May 2023 | ر.س7.5b | ر.س3.6b | ر.س161.1m | 32.6x | 46.8x | 2.1x |
| Tue, 25 Apr 2023 | ر.س7.2b | ر.س3.5b | ر.س138.5m | 29.6x | 51.7x | 2.1x |
| Thu, 23 Mar 2023 | ر.س6.7b | ر.س3.3b | -ر.س160,705,139.00 | 29.5x | -41.8x | 2x |
| Sat, 18 Feb 2023 | ر.س6.8b | ر.س3.3b | -ر.س160,705,139.00 | 33.2x | -42.5x | 2.1x |
| Mon, 16 Jan 2023 | ر.س6.3b | ر.س3.3b | -ر.س160,705,139.00 | 29.9x | -39.4x | 1.9x |
| Wed, 14 Dec 2022 | ر.س5.4b | ر.س3.1b | -ر.س181,164,044.00 | 136.3x | -29.6x | 1.7x |
| Fri, 11 Nov 2022 | ر.س6.3b | ر.س3.1b | -ر.س213,653,160.00 | 172.5x | -29.3x | 2x |
| Sun, 09 Oct 2022 | ر.س6.7b | ر.س3.0b | -ر.س238,193,914.00 | 192.8x | -28x | 2.2x |
| Tue, 06 Sep 2022 | ر.س7.4b | ر.س3.0b | -ر.س257,140,464.00 | 52.3x | -28.6x | 2.5x |
| Thu, 04 Aug 2022 | ر.س7.5b | ر.س2.8b | -ر.س311,294,413.00 | 54.6x | -23.9x | 2.6x |
| Sat, 02 Jul 2022 | ر.س7.2b | ر.س2.8b | -ر.س311,294,413.00 | 48.9x | -23.3x | 2.6x |
| Mon, 30 May 2022 | ر.س7.9b | ر.س2.8b | -ر.س312,525,321.00 | 63.3x | -25.3x | 2.8x |
| Wed, 27 Apr 2022 | ر.س7.8b | ر.س2.8b | -ر.س323,601,067.00 | 84.7x | -24x | 2.8x |
| Fri, 25 Mar 2022 | ر.س8.2b | ر.س2.8b | -ر.س130,124,086.00 | 82.6x | -62.8x | 3x |
| Sun, 20 Feb 2022 | ر.س8.7b | ر.س2.7b | -ر.س141,795,124.00 | 186.9x | -61.1x | 3.2x |
| Tue, 18 Jan 2022 | ر.س8.9b | ر.س2.7b | -ر.س141,795,124.00 | 195.9x | -63.1x | 3.3x |
| Thu, 16 Dec 2021 | ر.س9.1b | ر.س2.7b | -ر.س141,795,124.00 | 204.5x | -64.4x | 3.4x |
| Sat, 13 Nov 2021 | ر.س9.2b | ر.س2.7b | -ر.س136,263,332.00 | 205.2x | -67.2x | 3.4x |
| Mon, 11 Oct 2021 | ر.س9.9b | ر.س2.7b | -ر.س180,041,090.00 | 149.1x | -54.8x | 3.7x |
| Wed, 08 Sep 2021 | ر.س10.7b | ر.س2.7b | -ر.س180,041,090.00 | 165x | -59.3x | 4x |
| Fri, 06 Aug 2021 | ر.س10.9b | ر.س2.7b | -ر.س180,041,090.00 | 168.6x | -60.5x | 4.1x |
| Mon, 10 May 2021 | ر.س10.6b | ر.س2.8b | -ر.س1,835,929.00 | 148x | -5792.5x | 3.8x |
Price to Earnings Ratio
-5792.5x
Current Industry PE
- Investors are optimistic on the Saudi Agricultural Products industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 31.5x which is higher than its 3-year average PE of -347x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- Total earnings for the Agricultural Products industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 14% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Saudi Arabian Agricultural Products compare with similar industries?
| SA Market | -1.47% | |
| Consumer Staples | 1.47% | |
| Food | 1.93% | |
| Agricultural Products | 11.62% | |
| Packaged Foods and Meats | 0.81% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6010 National Agricultural Development | ر.س33.40 | 14.6% +ر.س1.3b | 21.2% | PE33.4x | |
| 6060 Ash-Sharqiyah Development | ر.س24.40 | 30.6% +ر.س171.6m | -56.5% | PB2x | |
| 6040 Tabuk Agricultural Development | ر.س20.42 | 5.4% +ر.س40.7m | 11.7% | PE9.9x | |
| 6020 Al Gassim Investment Holding | ر.س19.20 | 6.4% +ر.س34.8m | -25.3% | PS55x | |
| 6090 Jazan Energy and Development | ر.س17.02 | 3.8% +ر.س31.0m | 15.2% | PE483.6x |