Qassim Cement's (TADAWUL:3040) Dividend Will Be SAR0.65
Nov 30
Saudi Arabian (Tadawul) Materials Sector Analysis
UpdatedDec 04, 2023
DataAggregated Company Financials
Companies60
- 7D0.4%
- 3M-6.4%
- 1Y-5.1%
- YTD-6.9%
In the last week, Materials has been flat. As for the longer term, the industry has declined 6.7% in the last year. Earnings are forecast to grow by 38% annually.
Sector Valuation and Performance
Has the Saudi Arabian Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | ر.س657.1b | ر.س269.9b | ر.س13.2b | 25.9x | 49.8x | 2.4x |
| Wed, 01 Nov 2023 | ر.س624.2b | ر.س281.6b | ر.س16.6b | 23.8x | 37.5x | 2.2x |
| Fri, 29 Sep 2023 | ر.س680.3b | ر.س283.0b | ر.س17.3b | 24.9x | 39.3x | 2.4x |
| Sun, 27 Aug 2023 | ر.س695.1b | ر.س282.9b | ر.س17.3b | 26.3x | 40.1x | 2.5x |
| Tue, 25 Jul 2023 | ر.س704.8b | ر.س313.7b | ر.س32.8b | 26.1x | 21.5x | 2.2x |
| Thu, 22 Jun 2023 | ر.س711.7b | ر.س313.3b | ر.س32.8b | 26.9x | 21.7x | 2.3x |
| Sat, 20 May 2023 | ر.س727.5b | ر.س329.2b | ر.س42.0b | 22.7x | 17.3x | 2.2x |
| Mon, 17 Apr 2023 | ر.س721.0b | ر.س332.8b | ر.س44.9b | 22.6x | 16.1x | 2.2x |
| Wed, 15 Mar 2023 | ر.س688.2b | ر.س334.1b | ر.س48.3b | 20.9x | 14.3x | 2.1x |
| Fri, 10 Feb 2023 | ر.س714.0b | ر.س341.1b | ر.س55.1b | 21.8x | 12.9x | 2.1x |
| Sun, 08 Jan 2023 | ر.س713.3b | ر.س341.0b | ر.س55.1b | 21.2x | 12.9x | 2.1x |
| Tue, 06 Dec 2022 | ر.س653.3b | ر.س331.8b | ر.س53.8b | 20.9x | 12.1x | 2x |
| Thu, 03 Nov 2022 | ر.س711.8b | ر.س327.5b | ر.س58.1b | 20.6x | 12.3x | 2.2x |
| Sat, 01 Oct 2022 | ر.س715.0b | ر.س322.4b | ر.س58.3b | 22.2x | 12.3x | 2.2x |
| Mon, 29 Aug 2022 | ر.س812.6b | ر.س323.0b | ر.س58.5b | 23.8x | 13.9x | 2.5x |
| Wed, 27 Jul 2022 | ر.س708.8b | ر.س297.3b | ر.س54.1b | 21x | 13.1x | 2.4x |
| Fri, 24 Jun 2022 | ر.س694.9b | ر.س297.3b | ر.س54.1b | 19.7x | 12.8x | 2.3x |
| Sun, 22 May 2022 | ر.س785.9b | ر.س297.1b | ر.س53.4b | 21.7x | 14.7x | 2.6x |
| Tue, 19 Apr 2022 | ر.س943.4b | ر.س273.9b | ر.س50.8b | 23.7x | 18.6x | 3.4x |
| Thu, 17 Mar 2022 | ر.س881.5b | ر.س322.4b | ر.س58.3b | 20.1x | 15.1x | 2.7x |
| Sat, 12 Feb 2022 | ر.س824.8b | ر.س298.4b | ر.س52.8b | 19.3x | 15.6x | 2.8x |
| Mon, 10 Jan 2022 | ر.س781.1b | ر.س301.0b | ر.س50.2b | n/a | 15.6x | 2.6x |
| Wed, 08 Dec 2021 | ر.س770.1b | ر.س301.1b | ر.س50.2b | 18.3x | 15.3x | 2.6x |
| Fri, 05 Nov 2021 | ر.س817.3b | ر.س300.4b | ر.س50.3b | 18.8x | 16.3x | 2.7x |
| Sun, 03 Oct 2021 | ر.س846.8b | ر.س286.7b | ر.س41.1b | 21.4x | 20.6x | 3x |
| Tue, 31 Aug 2021 | ر.س781.2b | ر.س287.2b | ر.س41.1b | 20.2x | 19x | 2.7x |
| Wed, 07 Jul 2021 | ر.س763.9b | ر.س287.2b | ر.س41.1b | 21.8x | 18.6x | 2.7x |
| Sat, 10 Apr 2021 | ر.س709.4b | ر.س209.7b | ر.س15.2b | 25.1x | 46.7x | 3.4x |
| Fri, 01 Jan 2021 | ر.س599.2b | ر.س196.8b | ر.س4.9b | 23.2x | 121.8x | 3x |
Price to Earnings Ratio
1434.3x
Current Industry PE
- Investors are optimistic on the Saudi Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 49.6x which is higher than its 3-year average PE of 30.7x.
- The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Materials industry have grown 220% per year over the last three years.
- Revenues for these companies have grown 11% 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 Materials sector?
| SA Market | 0.23% | |
| Materials | 0.39% | |
| Paper and Forestry Products | 3.68% | |
| Packaging | 2.20% | |
| Metals and Mining | 1.11% | |
| Basic Materials | 0.75% | |
| Chemicals | 0.04% | |
Industry PE
- Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 21.5x.
- Analysts are expecting annual earnings growth of 44.5%, which is higher than its past year's earnings decline of 55.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 52% over the next 5 years.
- This is better than its past earnings growth rate of 41% per year.
- In contrast, the Basic Materials industry is expected to see its earnings grow by 20% 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 | |
|---|---|---|---|---|---|
| 1211 Saudi Arabian Mining Company (Ma'aden) | ر.س39.55 | 1.2% +ر.س1.7b | -12.5% | PE85.7x | |
| 2020 SABIC Agri-Nutrients | ر.س136.60 | 1.2% +ر.س761.7m | -0.7% | PE13.4x | |
| 2350 Saudi Kayan Petrochemical | ر.س11.40 | 2.0% +ر.س330.0m | -4.7% | PS2.1x | |
| 2310 Sahara International Petrochemical | ر.س33.30 | 1.2% +ر.س290.9m | -11.4% | PE16.2x | |
| 2223 Saudi Aramco Base Oil Company - Luberef | ر.س138.40 | 1.0% +ر.س236.3m | n/a | PE11.7x |
