We Think That There Are Some Issues For National Shipping Company of Saudi Arabia (TADAWUL:4030) Beyond Its Promising Earnings
Nov 13
Have your own idea? Try our Stock Screener
Saudi Arabian (Tadawul) Energy Sector Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies6
- 7D-0.4%
- 3M0.7%
- 1Y-16.4%
- YTD-15.4%
Last week, the Energy industry hasn't moved much but Rabigh Refining and Petrochemical is up 4.3% in that time. Unfortunately though, the industry is down 17% over the past 12 months. Earnings are forecast to grow by 1.4% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 20 Nov 2024 | ر.س6.8t | ر.س1.9t | ر.س408.1b | 19.9x | 16.7x | 3.6x |
| Fri, 18 Oct 2024 | ر.س6.6t | ر.س1.9t | ر.س433.9b | 19.3x | 15.3x | 3.5x |
| Sun, 15 Sep 2024 | ر.س6.6t | ر.س1.9t | ر.س433.9b | 20.7x | 15.3x | 3.5x |
| Tue, 13 Aug 2024 | ر.س6.8t | ر.س1.9t | ر.س433.8b | 21x | 15.8x | 3.6x |
| Thu, 11 Jul 2024 | ر.س6.9t | ر.س1.9t | ر.س436.6b | 29.1x | 15.7x | 3.6x |
| Sat, 08 Jun 2024 | ر.س6.9t | ر.س1.9t | ر.س436.6b | 28.3x | 15.9x | 3.6x |
| Mon, 06 May 2024 | ر.س7.3t | ر.س1.9t | ر.س451.0b | 33.6x | 16.2x | 3.8x |
| Wed, 03 Apr 2024 | ر.س7.5t | ر.س1.9t | ر.س451.0b | 34.5x | 16.6x | 3.9x |
| Fri, 01 Mar 2024 | ر.س7.8t | ر.س2.0t | ر.س473.2b | 36.2x | 16.4x | 4x |
| Sun, 28 Jan 2024 | ر.س7.7t | ر.س2.0t | ر.س473.2b | 38x | 16.3x | 3.9x |
| Tue, 26 Dec 2023 | ر.س8.1t | ر.س2.0t | ر.س473.2b | 37.5x | 17.1x | 4.1x |
| Thu, 23 Nov 2023 | ر.س8.2t | ر.س2.0t | ر.س473.2b | 30.5x | 17.3x | 4.2x |
| Sat, 21 Oct 2023 | ر.س8.2t | ر.س2.1t | ر.س505.6b | 29.8x | 16.2x | 3.9x |
| Mon, 18 Sep 2023 | ر.س8.3t | ر.س2.1t | ر.س505.1b | 25.6x | 16.4x | 4x |
| Wed, 16 Aug 2023 | ر.س8.3t | ر.س2.1t | ر.س505.1b | 26.3x | 16.4x | 4x |
| Fri, 14 Jul 2023 | ر.س7.9t | ر.س2.3t | ر.س572.2b | 24.1x | 13.7x | 3.4x |
| Sun, 11 Jun 2023 | ر.س7.9t | ر.س2.3t | ر.س572.2b | 23.4x | 13.8x | 3.5x |
| Tue, 09 May 2023 | ر.س7.2t | ر.س2.3t | ر.س598.0b | 23.9x | 12.1x | 3.1x |
| Thu, 06 Apr 2023 | ر.س7.3t | ر.س2.3t | ر.س600.2b | 20.4x | 12.1x | 3.1x |
| Sat, 04 Mar 2023 | ر.س7.0t | ر.س2.3t | ر.س591.5b | 18.8x | 11.9x | 3x |
| Mon, 30 Jan 2023 | ر.س7.3t | ر.س2.3t | ر.س591.0b | 23.8x | 12.4x | 3.2x |
| Wed, 28 Dec 2022 | ر.س7.1t | ر.س2.3t | ر.س592.4b | 21.9x | 12x | 3.1x |
| Fri, 25 Nov 2022 | ر.س7.4t | ر.س2.3t | ر.س591.0b | 21.7x | 12.4x | 3.2x |
| Sun, 23 Oct 2022 | ر.س8.0t | ر.س2.1t | ر.س544.8b | 25.1x | 14.6x | 3.8x |
| Tue, 20 Sep 2022 | ر.س8.0t | ر.س2.1t | ر.س544.8b | 25.2x | 14.6x | 3.8x |
| Thu, 18 Aug 2022 | ر.س8.8t | ر.س1.8t | ر.س461.9b | 25.8x | 19x | 4.9x |
| Sat, 16 Jul 2022 | ر.س8.0t | ر.س1.8t | ر.س461.2b | 25.2x | 17.4x | 4.5x |
| Mon, 13 Jun 2022 | ر.س8.9t | ر.س1.8t | ر.س461.2b | 29.2x | 19.2x | 5x |
| Wed, 11 May 2022 | ر.س9.1t | ر.س1.6t | ر.س397.7b | 29.1x | 23x | 5.8x |
| Fri, 08 Apr 2022 | ر.س8.6t | ر.س1.6t | ر.س397.6b | 33.9x | 21.6x | 5.5x |
| Sun, 06 Mar 2022 | ر.س8.9t | ر.س1.4t | ر.س332.3b | 53x | 26.8x | 6.6x |
| Tue, 01 Feb 2022 | ر.س7.5t | ر.س1.4t | ر.س332.3b | 52.7x | 22.5x | 5.5x |
| Thu, 30 Dec 2021 | ر.س7.1t | ر.س1.4t | ر.س332.3b | 31.3x | 21.5x | 5.3x |
| Sat, 27 Nov 2021 | ر.س7.2t | ر.س1.4t | ر.س332.3b | 32.6x | 21.5x | 5.3x |
Price to Earnings Ratio
21.5x
Current Industry PE
- Investors are relatively neutral on the Saudi Energy industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.5x.
- The 3-year average PS ratio of 4.0x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 7.1% per year over the last three years.
- Revenues for these companies have grown 12% 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 | -0.79% | |
| Energy | -0.35% | |
| Oil and Gas | -0.34% | |
| Energy Services | -2.68% | |
Industry PE
- Investors are most optimistic about the Energy Services industry which is trading above its 3-year average PE ratio of 21.2x.
- Analysts expect its future annual earnings growth (16.3%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Oil and Gas industry, which is trading close to its 3-year average of 16.5x.
Forecasted Growth
- Analysts are most optimistic on the Energy Services industry, expecting annual earnings growth of 16% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- 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 | |
|---|---|---|---|---|---|
| 2380 Rabigh Refining and Petrochemical | ر.س8.48 | 4.3% +ر.س584.9m | -17.0% | PS0.4x | |
| 4030 National Shipping Company of Saudi Arabia | ر.س28.90 | 1.9% +ر.س406.1m | 31.0% | PE10.2x |