Astra Industrial Group Company's (TADAWUL:1212) Popularity With Investors Is Under Threat From Overpricing
Dec 07
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Saudi Arabian (Tadawul) Industrials Sector Analysis
UpdatedDec 14, 2024
DataAggregated Company Financials
Companies51
- 7D1.2%
- 3M6.6%
- 1Y39.5%
- YTD23.5%
Over the last 7 days, the Industrials industry has risen 1.2%, driven by gains in Astra Industrial Group and Riyadh Cables Group of 8.4% and 5.2%, respectively. This means that the industry has gained 40% over the past year. As for the next few years, earnings are expected to grow by 16% per annum.
Sector Valuation and Performance
Has the Saudi Arabian Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 14 Dec 2024 | ر.س149.2b | ر.س51.1b | ر.س5.0b | 22.4x | 30.1x | 2.9x |
| Mon, 11 Nov 2024 | ر.س142.5b | ر.س50.3b | ر.س4.9b | 23x | 29.2x | 2.8x |
| Wed, 09 Oct 2024 | ر.س134.2b | ر.س49.7b | ر.س4.3b | 22.2x | 30.9x | 2.7x |
| Fri, 06 Sep 2024 | ر.س137.5b | ر.س49.4b | ر.س4.3b | 22.4x | 31.9x | 2.8x |
| Sun, 04 Aug 2024 | ر.س137.7b | ر.س48.2b | ر.س4.3b | 24.9x | 32.1x | 2.9x |
| Tue, 02 Jul 2024 | ر.س136.5b | ر.س47.6b | ر.س4.2b | 23x | 32.6x | 2.9x |
| Thu, 30 May 2024 | ر.س121.9b | ر.س45.7b | ر.س4.1b | 21x | 29.8x | 2.7x |
| Sat, 27 Apr 2024 | ر.س125.9b | ر.س44.8b | ر.س3.3b | 25.3x | 38x | 2.8x |
| Mon, 25 Mar 2024 | ر.س133.1b | ر.س44.5b | ر.س3.5b | 24.8x | 38.4x | 3x |
| Wed, 21 Feb 2024 | ر.س128.5b | ر.س44.1b | ر.س3.3b | 23.9x | 38.8x | 2.9x |
| Fri, 19 Jan 2024 | ر.س112.6b | ر.س43.7b | ر.س3.3b | 22.6x | 34.2x | 2.6x |
| Sun, 17 Dec 2023 | ر.س100.1b | ر.س44.0b | ر.س3.3b | 21.5x | 30.2x | 2.3x |
| Tue, 14 Nov 2023 | ر.س89.3b | ر.س43.8b | ر.س3.3b | 18.2x | 27.2x | 2x |
| Thu, 12 Oct 2023 | ر.س74.7b | ر.س41.1b | ر.س2.7b | 17.1x | 27.3x | 1.8x |
| Sat, 09 Sep 2023 | ر.س76.9b | ر.س39.9b | ر.س2.6b | 20.6x | 29.7x | 1.9x |
| Mon, 07 Aug 2023 | ر.س75.8b | ر.س38.5b | ر.س2.2b | 23.2x | 35.1x | 2x |
| Wed, 05 Jul 2023 | ر.س78.1b | ر.س37.7b | ر.س2.1b | 23.4x | 36.5x | 2.1x |
| Fri, 02 Jun 2023 | ر.س67.1b | ر.س36.0b | ر.س2.0b | 22.9x | 34x | 1.9x |
| Sun, 30 Apr 2023 | ر.س64.4b | ر.س34.9b | ر.س1.9b | 22.3x | 34.1x | 1.8x |
| Tue, 28 Mar 2023 | ر.س60.2b | ر.س33.2b | ر.س1.7b | 23.5x | 34.8x | 1.8x |
| Thu, 23 Feb 2023 | ر.س57.0b | ر.س33.0b | ر.س1.7b | 21.7x | 33.6x | 1.7x |
| Sat, 21 Jan 2023 | ر.س55.5b | ر.س33.0b | ر.س1.7b | 20.5x | 32.7x | 1.7x |
| Mon, 19 Dec 2022 | ر.س47.7b | ر.س26.6b | ر.س1.4b | 20.4x | 35x | 1.8x |
| Wed, 16 Nov 2022 | ر.س51.3b | ر.س25.9b | ر.س1.3b | 23.5x | 38.9x | 2x |
| Fri, 14 Oct 2022 | ر.س51.8b | ر.س25.1b | ر.س1.1b | 23.4x | 47.7x | 2.1x |
| Sun, 11 Sep 2022 | ر.س52.4b | ر.س24.8b | ر.س1.1b | 21.2x | 49.1x | 2.1x |
| Tue, 09 Aug 2022 | ر.س51.9b | ر.س23.4b | ر.س1.0b | 23.5x | 50.5x | 2.2x |
| Thu, 07 Jul 2022 | ر.س47.0b | ر.س23.3b | ر.س1.0b | 20.8x | 44.8x | 2x |
| Sat, 04 Jun 2022 | ر.س52.8b | ر.س23.1b | ر.س1.0b | 22.8x | 51.3x | 2.3x |
| Mon, 02 May 2022 | ر.س57.1b | ر.س22.4b | ر.س942.5m | 24.8x | 60.6x | 2.5x |
| Wed, 30 Mar 2022 | ر.س57.1b | ر.س21.9b | ر.س844.6m | 24.5x | 67.6x | 2.6x |
| Fri, 25 Feb 2022 | ر.س53.0b | ر.س21.1b | ر.س587.8m | 22.8x | 90.2x | 2.5x |
| Sun, 23 Jan 2022 | ر.س54.5b | ر.س20.8b | ر.س514.5m | 25.3x | 105.9x | 2.6x |
| Tue, 21 Dec 2021 | ر.س53.2b | ر.س20.5b | ر.س489.6m | 22.8x | 108.7x | 2.6x |
Price to Earnings Ratio
108.7x
Current Industry PE
- Investors are pessimistic on the Saudi Industrials 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 30.1x which is lower than its 3-year average PE of 42.7x.
- The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 116% per year over the last three years.
- Revenues for these companies have grown 36% 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 Industrials sector?
| SA Market | 1.53% | |
| Industrials | 1.23% | |
| Industrials | 6.84% | |
| Electrical | 3.44% | |
| Building | 2.45% | |
| Transportation | 0.85% | |
| Infrastructure | 0.52% | |
| Aerospace & Defense | 0% | |
| Airlines | 0% | |
| Marine and Shipping | 0% | |
| Machinery | -0.67% | |
| Construction | -0.77% | |
| Professional Services | -0.89% | |
| Commercial Services | -1.29% | |
| Trade Distributors | -1.31% | |
| Logistics | -2.31% | |
Industry PE
- Investors are most optimistic about the Commercial Services industry which is trading above its 3-year average PE ratio of 41.6x.
- Analysts are expecting annual earnings growth of 15.9%, which is lower than the prior year's growth of 23.7% per year.
- Investors are most pessimistic about the Machinery industry, which is trading below its 3-year average of 13.5x.
Forecasted Growth
- Analysts are most optimistic on the Building industry, expecting annual earnings growth of 66% over the next 5 years.
- This is better than its past earnings decline of 12% per year.
- In contrast, the Electrical industry is expected to see its earnings grow by 8.7% 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 | |
|---|---|---|---|---|---|
| 1212 Astra Industrial Group | ر.س188.80 | 8.4% +ر.س1.2b | 61.4% | PE28.2x | |
| 4142 Riyadh Cables Group | ر.س149.60 | 5.2% +ر.س1.1b | 76.0% | PE32.1x | |
| 4260 United International Transportation | ر.س80.00 | 4.3% +ر.س258.0m | 12.7% | PE22.4x | |
| 9531 Al Obeikan Glass | ر.س55.50 | 14.0% +ر.س217.6m | 2.4% | PE61x | |
| 2190 Sustained Infrastructure Holding | ر.س32.50 | 4.0% +ر.س101.7m | 8.7% | PS1.8x |
