Why Saudi Arabian Amiantit's (TADAWUL:2160) Earnings Are Weaker Than They Seem
Nov 04
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Saudi Arabian (Tadawul) Machinery Industry Analysis
UpdatedDec 14, 2024
DataAggregated Company Financials
Companies2
- 7D-0.7%
- 3M-0.2%
- 1Y-37.3%
- YTD-51.6%
Last week, the Machinery industry hasn't moved much but Atlas Elevators General Trading & Contracting is up 11% in that time. As for the longer term, the industry has declined 37% in the last year.
Industry Valuation and Performance
Has the Saudi Arabian Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 14 Dec 2024 | ر.س1.5b | ر.س888.6m | ر.س464.9m | 8.7x | 3.2x | 1.7x |
| Mon, 11 Nov 2024 | ر.س1.6b | ر.س888.6m | ر.س464.9m | 8.1x | 3.4x | 1.8x |
| Wed, 09 Oct 2024 | ر.س1.9b | ر.س1.2b | ر.س283.9m | 8.2x | 6.7x | 1.6x |
| Fri, 06 Sep 2024 | ر.س2.1b | ر.س1.2b | ر.س285.1m | 7.9x | 7.2x | 1.7x |
| Sun, 04 Aug 2024 | ر.س3.9b | ر.س1.9b | ر.س366.6m | 11.4x | 10.6x | 2x |
| Tue, 02 Jul 2024 | ر.س3.4b | ر.س1.8b | ر.س341.1m | 12.7x | 10.1x | 1.9x |
| Thu, 30 May 2024 | ر.س3.3b | ر.س1.9b | ر.س350.7m | 12.6x | 9.4x | 1.8x |
| Sat, 27 Apr 2024 | ر.س2.5b | ر.س1.9b | -ر.س121,807,876.00 | 15.9x | -20.1x | 1.3x |
| Mon, 25 Mar 2024 | ر.س2.3b | ر.س1.9b | -ر.س101,616,962.00 | 16.3x | -22.8x | 1.2x |
| Wed, 21 Feb 2024 | ر.س2.5b | ر.س1.7b | -ر.س61,825,627.00 | 14.3x | -39.8x | 1.5x |
| Fri, 19 Jan 2024 | ر.س2.4b | ر.س1.7b | -ر.س61,825,627.00 | 13.7x | -39.3x | 1.4x |
| Sun, 17 Dec 2023 | ر.س2.3b | ر.س1.7b | -ر.س61,825,627.00 | 13.5x | -36.6x | 1.3x |
| Tue, 14 Nov 2023 | ر.س2.1b | ر.س1.7b | -ر.س61,825,627.00 | 13.4x | -33.6x | 1.2x |
| Thu, 12 Oct 2023 | ر.س2.3b | ر.س1.6b | ر.س60.2m | 13.4x | 37.4x | 1.4x |
| Sat, 09 Sep 2023 | ر.س2.5b | ر.س1.7b | ر.س79.6m | 298x | 31x | 1.4x |
| Mon, 07 Aug 2023 | ر.س2.2b | ر.س1.5b | ر.س62.0m | 236.6x | 35.2x | 1.4x |
| Wed, 05 Jul 2023 | ر.س2.2b | ر.س1.1b | ر.س66.6m | 17.1x | 32.4x | 2x |
| Fri, 02 Jun 2023 | ر.س1.6b | ر.س1.0b | ر.س58.6m | 18.1x | 27.8x | 1.6x |
| Sun, 30 Apr 2023 | ر.س1.7b | ر.س1.0b | ر.س58.6m | 18.5x | 28.6x | 1.7x |
| Tue, 28 Mar 2023 | ر.س1.4b | ر.س917.3m | ر.س21.5m | 15.8x | 64x | 1.5x |
| Thu, 23 Feb 2023 | ر.س1.4b | ر.س917.3m | ر.س21.5m | 15.7x | 63.6x | 1.5x |
| Sat, 21 Jan 2023 | ر.س1.5b | ر.س917.3m | ر.س21.5m | 16.9x | 69.6x | 1.6x |
| Mon, 19 Dec 2022 | ر.س1.3b | ر.س917.3m | ر.س21.5m | 16x | 61.1x | 1.4x |
| Wed, 16 Nov 2022 | ر.س1.4b | ر.س917.3m | ر.س21.5m | 15.9x | 64.6x | 1.5x |
| Fri, 14 Oct 2022 | ر.س1.4b | ر.س890.0m | -ر.س57,803,356.00 | 17.5x | -25x | 1.6x |
| Sun, 11 Sep 2022 | ر.س1.5b | ر.س890.0m | -ر.س57,803,356.00 | 18.2x | -26x | 1.7x |
| Tue, 09 Aug 2022 | ر.س1.1b | ر.س386.5m | ر.س60.1m | 18.9x | 18.7x | 2.9x |
| Thu, 07 Jul 2022 | ر.س1.2b | ر.س386.5m | ر.س60.1m | 19.2x | 19.2x | 3x |
| Sat, 04 Jun 2022 | ر.س1.3b | ر.س386.5m | ر.س60.1m | 21.6x | 21.6x | 3.4x |
| Mon, 02 May 2022 | ر.س1.4b | ر.س386.5m | ر.س60.1m | 22.5x | 22.5x | 3.5x |
| Wed, 30 Mar 2022 | ر.س1.5b | ر.س386.5m | ر.س60.1m | 24.5x | 24.5x | 3.8x |
Price to Earnings Ratio
24.5x
Current Industry PE
- There are only 2 companies in the Saudi Machinery industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 98% per year over the last three years.
- Revenues for these companies have grown 32% 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 | 1.53% | |
| Industrials | 1.23% | |
| Machinery | -0.67% | |
| Construction Machinery and Vehicles | 0% | |
| Agricultural Machinery | 0% | |
| Industrial Machinery | -0.67% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 13.6x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Industrial Machinery industry, which is trading below its 3-year average of 13.6x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 9578 Atlas Elevators General Trading & Contracting | ر.س21.24 | 10.6% +ر.س12.2m | 9.8% | PE14.4x |
