Aldrees Petroleum and Transport Services Company's (TADAWUL:4200) Earnings Haven't Escaped The Attention Of Investors
Apr 01
Saudi Arabian (Tadawul) Energy Sector Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies7
- 7D-1.8%
- 3M-5.1%
- 1Y-4.5%
- YTD-9.1%
Over the last 7 days, the Energy industry has dropped 2.3%, driven by Saudi Arabian Oil declining 1.8%. The industry has fallen 5.0% in the last year. Looking forward, earnings are expected to remain mostly flat in the next few years.
Sector Valuation and Performance
Has the Saudi Arabian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 22 Apr 2024 | ر.س7.3t | ر.س1.9t | ر.س451.0b | 35.1x | 16.2x | 3.8x |
| Wed, 20 Mar 2024 | ر.س7.7t | ر.س1.9t | ر.س450.7b | 38.4x | 17x | 4x |
| Fri, 16 Feb 2024 | ر.س7.8t | ر.س2.0t | ر.س473.2b | 36.3x | 16.5x | 4x |
| Sun, 14 Jan 2024 | ر.س8.0t | ر.س2.0t | ر.س473.2b | 37.9x | 17x | 4.1x |
| Tue, 12 Dec 2023 | ر.س8.1t | ر.س2.0t | ر.س473.2b | 33.8x | 17.1x | 4.1x |
| Thu, 09 Nov 2023 | ر.س8.2t | ر.س2.0t | ر.س472.9b | 29.7x | 17.3x | 4.2x |
| Sat, 07 Oct 2023 | ر.س8.2t | ر.س2.1t | ر.س505.1b | 25.7x | 16.1x | 3.9x |
| Mon, 04 Sep 2023 | ر.س8.5t | ر.س2.1t | ر.س505.1b | 25.9x | 16.8x | 4.1x |
| Wed, 02 Aug 2023 | ر.س7.9t | ر.س2.3t | ر.س572.2b | 26.8x | 13.7x | 3.4x |
| Fri, 30 Jun 2023 | ر.س7.9t | ر.س2.3t | ر.س572.2b | 22.6x | 13.7x | 3.4x |
| Sun, 28 May 2023 | ر.س7.8t | ر.س2.3t | ر.س571.8b | 23.2x | 13.6x | 3.4x |
| Tue, 25 Apr 2023 | ر.س7.7t | ر.س2.3t | ر.س598.0b | 23.6x | 12.8x | 3.3x |
| Thu, 23 Mar 2023 | ر.س7.0t | ر.س2.3t | ر.س600.2b | 19.5x | 11.7x | 3x |
| Sat, 18 Feb 2023 | ر.س7.3t | ر.س2.3t | ر.س591.0b | 24.3x | 12.4x | 3.2x |
| Mon, 16 Jan 2023 | ر.س7.1t | ر.س2.3t | ر.س591.0b | 23.7x | 12.1x | 3.1x |
| Wed, 14 Dec 2022 | ر.س6.8t | ر.س2.3t | ر.س591.0b | 20.9x | 11.5x | 2.9x |
| Fri, 11 Nov 2022 | ر.س7.6t | ر.س2.3t | ر.س590.7b | 24.2x | 12.8x | 3.3x |
| Sun, 09 Oct 2022 | ر.س8.0t | ر.س2.1t | ر.س544.8b | 26x | 14.6x | 3.8x |
| Tue, 06 Sep 2022 | ر.س8.3t | ر.س2.1t | ر.س544.8b | 24.4x | 15.2x | 4x |
| Thu, 04 Aug 2022 | ر.س8.8t | ر.س1.8t | ر.س461.2b | 26.8x | 19x | 4.9x |
| Sat, 02 Jul 2022 | ر.س8.6t | ر.س1.8t | ر.س461.2b | 25x | 18.6x | 4.8x |
| Mon, 30 May 2022 | ر.س9.1t | ر.س1.8t | ر.س461.2b | 28.1x | 19.7x | 5.1x |
| Wed, 27 Apr 2022 | ر.س8.6t | ر.س1.6t | ر.س397.6b | 29.3x | 21.7x | 5.5x |
| Fri, 25 Mar 2022 | ر.س8.6t | ر.س1.6t | ر.س397.6b | 35x | 21.7x | 5.5x |
| Sun, 20 Feb 2022 | ر.س7.6t | ر.س1.4t | ر.س332.3b | 55x | 22.8x | 5.6x |
| Tue, 18 Jan 2022 | ر.س7.4t | ر.س1.4t | ر.س332.3b | 53.2x | 22.3x | 5.5x |
| Thu, 16 Dec 2021 | ر.س7.0t | ر.س1.4t | ر.س332.3b | 31.8x | 21.1x | 5.2x |
| Sat, 13 Nov 2021 | ر.س7.6t | ر.س1.4t | ر.س332.3b | 35.1x | 22.7x | 5.6x |
| Mon, 11 Oct 2021 | ر.س7.4t | ر.س1.2t | ر.س267.0b | 30.8x | 27.8x | 6.3x |
| Wed, 08 Sep 2021 | ر.س7.1t | ر.س1.2t | ر.س267.0b | 31.4x | 26.5x | 6x |
| Fri, 06 Aug 2021 | ر.س7.1t | ر.س1.2t | ر.س267.0b | 31.5x | 26.4x | 6x |
| Mon, 10 May 2021 | ر.س7.1t | ر.س952.6b | ر.س200.0b | 35.9x | 35.6x | 7.5x |
Price to Earnings Ratio
35.6x
Current Industry PE
- Investors are pessimistic on the Saudi Energy 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 16.2x which is lower than its 3-year average PE of 19.0x.
- The 3-year average PS ratio of 4.6x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 31% per year over the last three years.
- Revenues for these companies have grown 27% 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 Energy sector?
| SA Market | -1.47% | |
| Energy | -1.76% | |
| Energy Services | 1.82% | |
| Oil and Gas | -1.78% | |
Industry PE
- Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio of 19.1x.
- Analysts are expecting annual earnings growth of 17.7%, which is higher than its past year's earnings growth of 10.8% per year.
- Investors are most pessimistic about the Oil and Gas industry, which is trading below its 3-year average of 19.0x.
Forecasted Growth
- Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| 2382 ADES Holding | ر.س20.50 | 3.0% +ر.س657.1m | n/a | PE50.8x | |
| 4030 National Shipping Company of Saudi Arabia | ر.س27.35 | 2.1% +ر.س406.1m | 28.8% | PE12.5x | |
| 4200 Aldrees Petroleum and Transport Services | ر.س174.80 | 2.0% +ر.س255.0m | 80.6% | PE46.7x | |
| 2030 Saudi Arabian Refineries | ر.س87.60 | 0.7% +ر.س9.0m | 1.0% | PE170.6x |
