National Environmental Recycling Company's (TADAWUL:9540) 25% Price Boost Is Out Of Tune With Earnings
Dec 27
Have your own idea? Try our Stock Screener
Saudi Arabian (Tadawul) Commercial Services Industry Analysis
UpdatedJan 19, 2025
DataAggregated Company Financials
Companies7
- 7D-2.0%
- 3M15.7%
- 1Y13.0%
- YTD5.2%
Over the last 7 days, the Commercial Services industry has dropped 2.0%, driven by CATRION Catering Holding declining 3.7%. On the other hand National Environmental Recycling is actually up 7.2%. Over the past 12 months, the industry was up 13%. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Saudi Arabian Commercial Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 Jan 2025 | ر.س14.2b | ر.س4.6b | ر.س191.0m | 32.7x | 74.4x | 3.1x |
| Tue, 17 Dec 2024 | ر.س13.6b | ر.س4.6b | ر.س191.0m | 27.5x | 71.1x | 3x |
| Thu, 14 Nov 2024 | ر.س13.3b | ر.س4.6b | ر.س192.1m | 25.6x | 69x | 2.9x |
| Sat, 12 Oct 2024 | ر.س11.5b | ر.س4.3b | ر.س168.1m | 26.3x | 68.7x | 2.7x |
| Mon, 09 Sep 2024 | ر.س12.0b | ر.س4.2b | ر.س148.8m | 27.3x | 80.9x | 2.8x |
| Wed, 07 Aug 2024 | ر.س11.4b | ر.س4.1b | ر.س194.5m | 29.5x | 58.5x | 2.8x |
| Fri, 05 Jul 2024 | ر.س12.6b | ر.س4.1b | ر.س197.3m | 33.1x | 63.8x | 3.1x |
| Sun, 02 Jun 2024 | ر.س11.5b | ر.س3.9b | ر.س192.4m | 30.7x | 59.8x | 2.9x |
| Tue, 30 Apr 2024 | ر.س12.4b | ر.س3.9b | ر.س193.1m | 35.8x | 64.3x | 3.2x |
| Thu, 28 Mar 2024 | ر.س13.6b | ر.س3.9b | ر.س302.7m | 34.8x | 44.9x | 3.4x |
| Sat, 24 Feb 2024 | ر.س13.5b | ر.س3.9b | ر.س302.7m | 31.8x | 44.7x | 3.4x |
| Mon, 22 Jan 2024 | ر.س11.8b | ر.س3.5b | ر.س277.1m | 28.1x | 42.8x | 3.4x |
| Wed, 20 Dec 2023 | ر.س11.5b | ر.س3.5b | ر.س277.1m | 27.2x | 41.5x | 3.3x |
| Fri, 17 Nov 2023 | ر.س11.1b | ر.س3.4b | ر.س255.1m | 27.7x | 43.4x | 3.3x |
| Sun, 15 Oct 2023 | ر.س10.1b | ر.س3.5b | ر.س272.1m | 25.7x | 37x | 2.9x |
| Tue, 12 Sep 2023 | ر.س10.8b | ر.س3.5b | ر.س271.5m | 26.9x | 39.9x | 3.1x |
| Thu, 10 Aug 2023 | ر.س10.8b | ر.س3.4b | ر.س252.7m | 30x | 42.6x | 3.2x |
| Sat, 08 Jul 2023 | ر.س11.2b | ر.س3.5b | ر.س273.7m | 28.7x | 41x | 3.2x |
| Mon, 05 Jun 2023 | ر.س9.3b | ر.س3.5b | ر.س285.7m | 24x | 32.6x | 2.7x |
| Wed, 03 May 2023 | ر.س10.0b | ر.س3.3b | ر.س258.8m | 29.3x | 38.7x | 3x |
| Fri, 31 Mar 2023 | ر.س9.3b | ر.س3.0b | ر.س181.6m | 45.2x | 51.1x | 3.1x |
| Sun, 26 Feb 2023 | ر.س8.5b | ر.س3.0b | ر.س181.6m | 39.2x | 46.7x | 2.8x |
| Tue, 24 Jan 2023 | ر.س8.4b | ر.س3.0b | ر.س181.6m | 33.6x | 46.1x | 2.8x |
| Thu, 22 Dec 2022 | ر.س7.9b | ر.س3.0b | ر.س181.6m | 33x | 43.6x | 2.6x |
| Sat, 19 Nov 2022 | ر.س8.8b | ر.س3.0b | ر.س181.6m | 35.4x | 48.4x | 2.9x |
| Mon, 17 Oct 2022 | ر.س8.1b | ر.س2.8b | ر.س117.1m | 39.3x | 69.3x | 2.9x |
| Wed, 14 Sep 2022 | ر.س8.5b | ر.س2.7b | ر.س118.4m | 40.1x | 71.4x | 3.2x |
| Fri, 12 Aug 2022 | ر.س8.8b | ر.س2.4b | ر.س42.5m | 79.7x | 206.8x | 3.6x |
| Sun, 10 Jul 2022 | ر.س7.9b | ر.س2.4b | ر.س51.0m | 73.2x | 154.7x | 3.3x |
| Tue, 07 Jun 2022 | ر.س9.2b | ر.س2.3b | ر.س31.5m | 478x | 290.5x | 4x |
| Thu, 05 May 2022 | ر.س10.1b | ر.س2.1b | -ر.س41,642,930.00 | 430.1x | -241.8x | 4.9x |
| Sat, 02 Apr 2022 | ر.س9.5b | ر.س2.0b | -ر.س37,954,793.00 | 421x | -250x | 4.7x |
| Mon, 28 Feb 2022 | ر.س9.6b | ر.س1.9b | -ر.س183,379,351.00 | 309.3x | -52.6x | 5.2x |
| Wed, 26 Jan 2022 | ر.س9.4b | ر.س1.9b | -ر.س183,379,351.00 | 331.6x | -51.1x | 5x |
Price to Earnings Ratio
-51.1x
Current Industry PE
- Investors are optimistic on the Saudi Commercial Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 74.4x which is higher than its 3-year average PE of 45.5x.
- The industry is trading close to its 3-year average PS ratio of 3.3x.
Past Earnings Growth
- Total earnings for the Commercial Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 35% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Industrials industry?
| SA Market | 1.19% | |
| Industrials | -1.62% | |
| Commercial Services | -2.01% | |
| Environmental and Facilities Services | 5.52% | |
| Commercial Printing | 1.14% | |
| Office Services and Supplies | 1.12% | |
| Security and Alarm Services | 0% | |
| Diversified Support Services | -3.68% | |
Industry PE
- Investors are most optimistic about the Office Services and Supplies industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Diversified Support Services industry, expecting annual earnings growth of 15% over the next 5 years.
- This is better than its past earnings growth rate of 1.0% per year.
- In contrast, the Diversified Support Services industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| 9540 National Environmental Recycling | ر.س8.45 | 7.2% +ر.س63.9m | 106.3% | PE38.4x | |
| 9597 Leaf Global Environmental Services | ر.س126.00 | 6.8% +ر.س40.0m | n/a | PE32.7x | |
| 1832 Sadr Logistics | ر.س3.33 | 1.5% +ر.س8.8m | -5.4% | PS5.6x | |
| 4270 Saudi Printing and Packaging | ر.س12.44 | 1.1% +ر.س8.4m | -23.1% | PS1x |