Not Many Are Piling Into Al Obeikan Glass Company (TADAWUL:9531) Just Yet
Mar 23
Saudi Arabian (Tadawul) Building Industry Analysis
UpdatedMar 27, 2023
DataAggregated Company Financials
Companies6
- 7D-2.4%
- 3M-2.6%
- 1Y-28.3%
- YTD-3.4%
The Building industry has been flat over the last week, but Al Obeikan Glass has lost 10%. Unfortunately though, the industry is down 27% over the past 12 months. Looking forward, earnings are forecast to grow by 7.8% annually.
Industry Valuation and Performance
Has the Saudi Arabian Building Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 27 Mar 2023 | ر.س7.6b | ر.س6.2b | ر.س613.2m | 14.7x | 12.5x | 1.2x |
| Wed, 22 Feb 2023 | ر.س8.0b | ر.س6.1b | ر.س633.2m | 14.5x | 12.6x | 1.3x |
| Fri, 20 Jan 2023 | ر.س7.9b | ر.س6.1b | ر.س633.2m | 13.9x | 12.5x | 1.3x |
| Sun, 18 Dec 2022 | ر.س8.0b | ر.س6.1b | ر.س633.2m | 13.8x | 12.6x | 1.3x |
| Tue, 15 Nov 2022 | ر.س9.0b | ر.س6.1b | ر.س633.2m | 15.8x | 14.2x | 1.5x |
| Thu, 13 Oct 2022 | ر.س9.6b | ر.س5.9b | ر.س659.0m | 16.6x | 14.5x | 1.6x |
| Sat, 10 Sep 2022 | ر.س9.7b | ر.س5.9b | ر.س657.1m | 17.7x | 14.8x | 1.6x |
| Mon, 08 Aug 2022 | ر.س9.6b | ر.س5.8b | ر.س608.4m | 17.8x | 15.8x | 1.7x |
| Wed, 06 Jul 2022 | ر.س9.1b | ر.س5.8b | ر.س633.7m | 17.5x | 14.4x | 1.6x |
| Fri, 03 Jun 2022 | ر.س10.5b | ر.س5.8b | ر.س634.3m | 20.9x | 16.5x | 1.8x |
| Sun, 01 May 2022 | ر.س10.6b | ر.س5.8b | ر.س645.0m | 21.2x | 16.5x | 1.8x |
| Tue, 29 Mar 2022 | ر.س10.8b | ر.س5.8b | ر.س636.4m | 25.5x | 17x | 1.9x |
| Thu, 24 Feb 2022 | ر.س7.9b | ر.س5.0b | ر.س405.2m | 30.5x | 19.6x | 1.6x |
| Sat, 22 Jan 2022 | ر.س8.5b | ر.س5.0b | ر.س405.2m | 27.8x | 21x | 1.7x |
| Mon, 20 Dec 2021 | ر.س7.2b | ر.س4.7b | ر.س380.3m | 19.9x | 18.9x | 1.5x |
| Wed, 17 Nov 2021 | ر.س7.3b | ر.س4.7b | ر.س380.6m | 20.7x | 19.2x | 1.5x |
| Fri, 15 Oct 2021 | ر.س7.7b | ر.س4.6b | ر.س353.1m | 23.9x | 21.7x | 1.7x |
| Sun, 12 Sep 2021 | ر.س8.1b | ر.س4.6b | ر.س353.1m | 25.9x | 23.1x | 1.8x |
| Tue, 10 Aug 2021 | ر.س8.3b | ر.س4.6b | ر.س353.1m | 26.6x | 23.6x | 1.8x |
| Mon, 03 May 2021 | ر.س6.8b | ر.س4.3b | ر.س265.3m | 29.1x | 25.6x | 1.6x |
| Thu, 04 Feb 2021 | ر.س5.0b | ر.س4.1b | ر.س176.9m | 33.9x | 28.2x | 1.2x |
| Sun, 08 Nov 2020 | ر.س3.8b | ر.س4.0b | ر.س137.8m | 33.5x | 27.3x | 1x |
| Sat, 01 Aug 2020 | ر.س3.3b | ر.س3.9b | ر.س110.9m | 31.6x | 29.9x | 0.9x |
| Tue, 05 May 2020 | ر.س2.7b | ر.س3.7b | ر.س73.8m | 30.7x | 36.6x | 0.7x |
Price to Earnings Ratio
30x
Current Industry PE
- Investors are pessimistic on the Saudi Building 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 12.5x which is lower than its 3-year average PE of 22.3x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Building industry have grown 103% per year over the last three years.
- Revenues for these companies have grown 19% 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 industry?
| SA Market | 3.32% | |
| Industrials | 2.86% | |
| Building | -2.35% | |
| Building Products | -2.35% | |
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 | |
|---|---|---|---|---|---|
| 2040 Saudi Ceramic | ر.س30.50 | 2.0% +ر.س47.9m | -41.6% | PE14x | |
| 4141 Al-Omran Industrial Trading | ر.س72.90 | 3.1% +ر.س13.2m | -26.8% | PE59.8x |