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Saudi Arabian (Tadawul) Materials Sector Analysis

UpdatedJan 28, 2026
DataAggregated Company Financials
Companies67
  • 7D5.3%
  • 3M4.1%
  • 1Y7.1%
  • YTD16.2%

In the last week, the Materials industry is up 5.3%, with Saudi Arabian Mining Company (Ma'aden) up 5.4%. In the same time, Arabian Plastic Industrial was down 12%. This takes the industry's 12 month performance to a gain of 7.1%. As for the next few years, earnings are expected to grow by 37% per annum.

Sector Valuation and Performance

Has the Saudi Arabian Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Jan 2026ر.س684.8bر.س266.8bر.س4.9b18.6x140.5x2.6x
Sat, 27 Dec 2025ر.س597.3bر.س266.3b-ر.س32,260,559,947.0019.2x-18.5x2.2x
Mon, 24 Nov 2025ر.س625.3bر.س265.9b-ر.س32,310,138,373.0020.6x-19.4x2.4x
Wed, 22 Oct 2025ر.س667.4bر.س267.4bر.س5.2b19.5x127.4x2.5x
Fri, 19 Sep 2025ر.س618.6bر.س267.2bر.س5.2b19.5x118.2x2.3x
Sun, 17 Aug 2025ر.س597.2bر.س267.1bر.س5.2b20.5x115.1x2.2x
Tue, 15 Jul 2025ر.س603.3bر.س264.6bر.س11.5b20.7x52.4x2.3x
Thu, 12 Jun 2025ر.س575.0bر.س264.3bر.س11.5b20.6x50x2.2x
Sat, 10 May 2025ر.س580.9bر.س259.7bر.س12.0b20.9x48.4x2.2x
Mon, 07 Apr 2025ر.س584.1bر.س258.4bر.س11.9b22x49.2x2.3x
Wed, 05 Mar 2025ر.س579.4bر.س255.9bر.س13.6b23.1x42.6x2.3x
Fri, 31 Jan 2025ر.س632.8bر.س255.5bر.س13.7b23.6x46.2x2.5x
Sun, 29 Dec 2024ر.س623.7bر.س255.5bر.س13.7b22.2x45.6x2.4x
Tue, 26 Nov 2024ر.س639.8bر.س255.5bر.س13.6b22.8x46.9x2.5x
Thu, 24 Oct 2024ر.س668.3bر.س250.3bر.س11.7b25.6x57.2x2.7x
Sat, 21 Sep 2024ر.س628.8bر.س250.3bر.س11.7b25.6x53.8x2.5x
Mon, 19 Aug 2024ر.س626.6bر.س249.9bر.س11.6b25.7x54x2.5x
Wed, 17 Jul 2024ر.س661.9bر.س246.3bر.س9.6b25.4x69.1x2.7x
Fri, 14 Jun 2024ر.س644.9bر.س246.3bر.س9.6b25.2x67.3x2.6x
Sun, 12 May 2024ر.س692.6bر.س245.4bر.س8.8b31.3x78.6x2.8x
Tue, 09 Apr 2024ر.س741.3bر.س248.4bر.س8.8b29.1x84.3x3x
Thu, 07 Mar 2024ر.س692.5bر.س269.3bر.س12.5b27.8x55.6x2.6x
Sat, 03 Feb 2024ر.س667.4bر.س270.0bر.س13.3b27.4x50.3x2.5x
Mon, 01 Jan 2024ر.س687.5bر.س269.9bر.س13.2b27.9x52.1x2.5x
Wed, 29 Nov 2023ر.س648.1bر.س269.9bر.س13.2b25.8x49.1x2.4x
Fri, 27 Oct 2023ر.س623.4bر.س282.0bر.س16.7b23.8x37.3x2.2x
Sun, 24 Sep 2023ر.س673.5bر.س283.0bر.س17.3b24.9x38.9x2.4x
Tue, 22 Aug 2023ر.س703.2bر.س282.9bر.س17.3b26.5x40.5x2.5x
Thu, 20 Jul 2023ر.س708.3bر.س313.7bر.س32.8b25.6x21.6x2.3x
Sat, 17 Jun 2023ر.س714.2bر.س313.2bر.س32.8b27.2x21.8x2.3x
Mon, 15 May 2023ر.س734.0bر.س332.9bر.س44.9b23.4x16.3x2.2x
Wed, 12 Apr 2023ر.س709.7bر.س332.4bر.س46.1b22.1x15.4x2.1x
Fri, 10 Mar 2023ر.س698.0bر.س334.1bر.س50.1b21x13.9x2.1x
Sun, 05 Feb 2023ر.س726.5bر.س341.1bر.س55.1b21.2x13.2x2.1x
Price to Earnings Ratio

13.2x


Total Market Cap: ر.س726.5bTotal Earnings: ر.س55.1bTotal Revenue: ر.س341.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Materials Sector Price to Earnings3Y Average 51.4x202420252026
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 140x which is higher than its 3-year average PE of 51.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 55% per year over the last three years,
  • Revenues have also declined 7.9% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Saudi Arabian Materials sector?

SA Market2.36%
Materials5.25%
Chemicals6.48%
Metals and Mining4.49%
Basic Materials2.92%
Packaging2.35%
Paper and Forestry Products1.12%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry even though it's trading below its 3-year average PE ratio of 219x.
    • Analysts are expecting annual earnings growth of 42.1%, which is higher than its past year's earnings decline of 59.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 64% over the next 5 years.
  • This is better than its past earnings decline of 36% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings decline by 11% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
1211 Saudi Arabian Mining Company (Ma'aden)ر.س77.505.4%
+ر.س15.5b		57.8%PE54x
2010 Saudi Basic Industriesر.س57.404.7%
+ر.س7.8b		-14.6%PS1.2x
2020 SABIC Agri-Nutrientsر.س125.205.4%
+ر.س3.0b		9.8%PE13.9x
2223 Saudi Aramco Base Oil Company - Luberefر.س105.005.6%
+ر.س933.8m		-5.9%PE18.5x
1321 East Pipes Integrated Company for Industryر.س151.6017.1%
+ر.س696.2m		-1.6%PE10.7x

Latest News

1321
ر.س151.60
East Pipes Integrated Company for Industry
7D
17.1%
1Y
-1.6%
2290
ر.س27.08
Yanbu National Petrochemical
7D
2.7%
1Y
-28.1%
2010
ر.س57.40
Saudi Basic Industries
7D
4.7%
1Y
-14.6%

2010: Reserve Transfer Decision Will Shape Future Upside Potential

Analysts have nudged their fair value estimate for Saudi Basic Industries slightly lower, from about SAR 87.80 to roughly SAR 86.92. This reflects updated assumptions for weaker revenue growth, slimmer profit margins, and a much higher future P/E multiple.
2223
ر.س105.00
Saudi Aramco Base Oil Company - Luberef
7D
5.6%
1Y
-5.9%

2223: Successor Feedstock Agreement Will Support Capacity And Undervalued Outlook

Analysts have kept their fair value estimate for Saudi Aramco Base Oil Company Luberef broadly steady at SAR 122.03. They made only slight adjustments to assumptions around discount rate, revenue growth, profit margin and future P/E to reflect a more cautious growth outlook together with a marginally higher expected profitability profile.
1304
ر.س38.62
Al Yamamah Steel Industries
7D
-0.7%
1Y
-1.9%

Al Yamamah Steel Industries Company's (TADAWUL:1304) 25% Price Boost Is Out Of Tune With Earnings

Jan 20
Al Yamamah Steel Industries Company's (TADAWUL:1304) 25% Price Boost Is Out Of Tune With Earnings
1211
ر.س77.50
Saudi Arabian Mining Company (Ma'aden)
7D
5.4%
1Y
57.8%

1211: New Resource Additions And Rare Earth Venture Will Shape Balanced Outlook

Analysts have slightly adjusted their fair value estimate for Saudi Arabian Mining Company (Ma'aden) from SAR71.80 to SAR70.50, reflecting updated assumptions for revenue growth, profit margins and the future P/E multiple. What's in the News Ma'aden reports overall net resource additions of 7.8 million ounces across four key gold locations, with updated Mineral Resource Estimates completed by external experts under the JORC (2012) code, and early exploration work also pointing to copper, nickel and platinum group element mineralization at Jabal Shayban and Jabal Al Wakil (Key Developments).
3007
ر.س2.63
Zahrat Al Waha For Trading
7D
-4.0%
1Y
-22.8%

Zahrat Al Waha For Trading Company (TADAWUL:3007) Held Back By Insufficient Growth Even After Shares Climb 25%

Jan 16
Zahrat Al Waha For Trading Company (TADAWUL:3007) Held Back By Insufficient Growth Even After Shares Climb 25%
2350
ر.س4.91
Saudi Kayan Petrochemical
7D
6.0%
1Y
-27.9%

Saudi Kayan Petrochemical Company (TADAWUL:2350) Might Not Be As Mispriced As It Looks

Jan 02
Saudi Kayan Petrochemical Company (TADAWUL:2350) Might Not Be As Mispriced As It Looks
9548
ر.س42.98
Arabian Plastic Industrial
7D
-11.7%
1Y
74.2%

Arabian Plastic Industrial Company Limited's (TADAWUL:9548) 27% Jump Shows Its Popularity With Investors

Jan 01
Arabian Plastic Industrial Company Limited's (TADAWUL:9548) 27% Jump Shows Its Popularity With Investors
9514
ر.س41.00
Mohammed Hasan AlNaqool Sons
7D
-9.7%
1Y
-25.5%
2240
ر.س41.98
Advanced Building Industries
7D
-0.7%
1Y
20.1%
2210
ر.س22.84
Nama Chemicals
7D
-1.1%
1Y
-26.3%
3040
ر.س43.00
Qassim Cement
7D
-0.2%
1Y
-19.6%
2020
ر.س125.20
SABIC Agri-Nutrients
7D
5.4%
1Y
9.8%

Returns On Capital At SABIC Agri-Nutrients (TADAWUL:2020) Have Hit The Brakes

Nov 05
Returns On Capital At SABIC Agri-Nutrients (TADAWUL:2020) Have Hit The Brakes
9539
ر.س4.35
Aqaseem Factory for Chemicals and Plastics
7D
-3.3%
1Y
-60.5%
2250
ر.س12.50
Saudi Industrial Investment Group
7D
5.2%
1Y
-37.2%