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Saudi Arabian (Tadawul) Materials Sector Analysis

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies67
  • 7D8.0%
  • 3M-4.2%
  • 1Y3.0%
  • YTD9.0%

In the last week, the Materials industry is up 8.0%, with Saudi Arabian Mining Company (Ma'aden) up 12%. During this same period, the Saudi Paper Manufacturing underperformed, falling 5.8%. This means that the industry has gained 3.0% over the past year. Looking forward, earnings are forecast to grow by 33% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026ر.س642.5bر.س266.3bر.س4.8b19.3x135x2.4x
Sat, 13 Dec 2025ر.س600.9bر.س266.3b-ر.س32,250,795,419.0019.9x-18.6x2.3x
Mon, 10 Nov 2025ر.س617.5bر.س267.4bر.س4.9b18.4x124.8x2.3x
Wed, 08 Oct 2025ر.س674.1bر.س267.2bر.س5.2b19.8x128.8x2.5x
Fri, 05 Sep 2025ر.س604.9bر.س267.1bر.س5.2b19.5x115.4x2.3x
Sun, 03 Aug 2025ر.س584.9bر.س265.3bر.س11.4b19.7x51.3x2.2x
Tue, 01 Jul 2025ر.س586.5bر.س264.3bر.س11.5b20.6x51x2.2x
Thu, 29 May 2025ر.س574.1bر.س264.1bر.س11.6b20.7x49.5x2.2x
Sat, 26 Apr 2025ر.س589.5bر.س258.5bر.س12.1b21.2x48.7x2.3x
Mon, 24 Mar 2025ر.س586.9bر.س257.8bر.س12.0b22.4x48.8x2.3x
Wed, 19 Feb 2025ر.س623.8bر.س255.3bر.س13.7b23.7x45.6x2.4x
Fri, 17 Jan 2025ر.س629.6bر.س255.5bر.س13.7b23x46x2.5x
Sun, 15 Dec 2024ر.س644.9bر.س255.5bر.س13.6b22.6x47.3x2.5x
Tue, 12 Nov 2024ر.س656.8bر.س251.7bر.س11.8b25.1x55.6x2.6x
Thu, 10 Oct 2024ر.س646.3bر.س250.3bر.س11.7b24.5x55.3x2.6x
Sat, 07 Sep 2024ر.س628.8bر.س250.3bر.س11.7b27.8x53.9x2.5x
Mon, 05 Aug 2024ر.س651.5bر.س247.1bر.س9.7b25x67.4x2.6x
Wed, 03 Jul 2024ر.س638.3bر.س246.4bر.س9.6b26.5x66.6x2.6x
Fri, 31 May 2024ر.س649.2bر.س245.4bر.س9.4b26.4x69.4x2.6x
Sun, 28 Apr 2024ر.س688.2bر.س248.3bر.س8.8b29.3x78.4x2.8x
Tue, 26 Mar 2024ر.س700.3bر.س248.8bر.س9.1b30.4x76.8x2.8x
Thu, 22 Feb 2024ر.س695.5bر.س270.2bر.س13.3b28.6x52.1x2.6x
Sat, 20 Jan 2024ر.س655.5bر.س270.0bر.س13.3b25.7x49.4x2.4x
Mon, 18 Dec 2023ر.س661.6bر.س269.9bر.س13.2b27.6x50.1x2.5x
Wed, 15 Nov 2023ر.س634.4bر.س269.8bر.س13.4b23.6x47.3x2.4x
Fri, 13 Oct 2023ر.س656.3bر.س283.2bر.س17.3b24.8x37.9x2.3x
Sun, 10 Sep 2023ر.س690.1bر.س283.1bر.س17.4b25.8x39.6x2.4x
Tue, 08 Aug 2023ر.س695.1bر.س307.9bر.س30.6b25.2x22.7x2.3x
Thu, 06 Jul 2023ر.س726.0bر.س313.3bر.س32.8b26x22.1x2.3x
Sat, 03 Jun 2023ر.س696.2bر.س314.0bر.س33.2b26.5x21x2.2x
Mon, 01 May 2023ر.س731.0bر.س332.8bر.س44.9b22.7x16.3x2.2x
Wed, 29 Mar 2023ر.س692.8bر.س333.5bر.س47.8b21.9x14.5x2.1x
Fri, 24 Feb 2023ر.س695.9bر.س340.8bر.س54.9b21.5x12.7x2x
Sun, 22 Jan 2023ر.س743.3bر.س341.0bر.س55.1b21.4x13.5x2.2x
Price to Earnings Ratio

13.5x


Total Market Cap: ر.س743.3bTotal Earnings: ر.س55.1bTotal Revenue: ر.س341.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Materials Sector Price to Earnings3Y Average 49.8x202420252026
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 135x which is higher than its 3-year average PE of 49.7x.
  • 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 56% 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 Market6.15%
Materials7.95%
Metals and Mining9.19%
Chemicals7.32%
Basic Materials4.55%
Packaging4.49%
Paper and Forestry Products1.86%
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 217x.
    • Analysts are expecting annual earnings growth of 58.8%, which is higher than its past year's earnings decline of 59.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 59% over the next 5 years.
  • This is better than its past earnings decline of 60% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings decline by 3.2% 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.س71.5012.1%
+ر.س29.9b		50.7%PE49.8x
2010 Saudi Basic Industriesر.س55.559.7%
+ر.س14.7b		-17.2%PS1.2x
2020 SABIC Agri-Nutrientsر.س118.708.7%
+ر.س4.5b		7.3%PE13.2x
2223 Saudi Aramco Base Oil Company - Luberefر.س100.903.6%
+ر.س588.9m		-10.5%PE17.8x
3020 YAMAMA Cementر.س26.0010.2%
+ر.س488.0m		-28.3%PE12.5x

Latest News

9601
ر.س74.50
Mohammed Hadi Al-Rasheed
7D
-5.7%
1Y
17.6%
2010
ر.س55.55
Saudi Basic Industries
7D
9.7%
1Y
-17.2%
2290
ر.س27.56
Yanbu National Petrochemical
7D
3.1%
1Y
-25.9%

Yanbu National Petrochemical's (TADAWUL:2290) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jan 09
Yanbu National Petrochemical's (TADAWUL:2290) Returns On Capital Tell Us There Is Reason To Feel Uneasy
2223
ر.س100.90
Saudi Aramco Base Oil Company - Luberef
7D
3.6%
1Y
-10.5%

2223: Successor Feedstock Agreement Will Support Capacity Upside And Undervalued Outlook

Analysts have kept their price target for Saudi Aramco Base Oil Company - Luberef unchanged at SAR 122.03. They pointed to only minor tweaks in assumptions around discount rate, revenue growth, profit margins and future P/E that were not sufficient to shift their overall valuation view.
2310
ر.س15.20
Sahara International Petrochemical
7D
1.4%
1Y
-35.2%

Some Confidence Is Lacking In Sahara International Petrochemical Company's (TADAWUL:2310) P/S

Jan 06
Some Confidence Is Lacking In Sahara International Petrochemical Company's (TADAWUL:2310) P/S
1211
ر.س71.50
Saudi Arabian Mining Company (Ma'aden)
7D
12.1%
1Y
50.7%

1211: Rare Earth JV And Phosphate Expansion Will Shape Balanced Future Outlook

Analysts have raised their price target for Saudi Arabian Mining Company (Ma'aden) slightly, from SAR 56.82 to around SAR 57.07, citing marginally stronger expectations for revenue growth, profit margins, and future earnings multiples. What's in the News Received Ministry of Energy approval for feedstock allocation to develop the Fourth Phosphate Project, targeting 1.1 million tons of ammonia and an additional 2.5 million tons of phosphate and specialty fertilizers annually, lifting total fertilizer capacity to about 12 million tons per year and reinforcing Maaden as a leading global phosphate producer (regulatory filing).
2350
ر.س4.78
Saudi Kayan Petrochemical
7D
3.2%
1Y
-30.1%

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.س46.08
Arabian Plastic Industrial
7D
-6.0%
1Y
85.8%

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
2300
ر.س59.90
Saudi Paper Manufacturing
7D
-5.8%
1Y
-8.5%
2210
ر.س23.57
Nama Chemicals
7D
-2.0%
1Y
-21.2%
9563
ر.س40.00
BENA Steel Industries
7D
-5.7%
1Y
2.8%
3020
ر.س26.00
YAMAMA Cement
7D
10.2%
1Y
-28.3%
2170
ر.س24.90
Alujain
7D
-2.4%
1Y
-33.0%
2330
ر.س27.74
Advanced Petrochemical
7D
-1.0%
1Y
-10.8%

Advanced Petrochemical Company's (TADAWUL:2330) P/S Is On The Mark

Nov 18
Advanced Petrochemical Company's (TADAWUL:2330) P/S Is On The Mark
1321
ر.س131.90
East Pipes Integrated Company for Industry
7D
-1.9%
1Y
-6.3%

East Pipes Integrated Company for Industry's (TADAWUL:1321) Earnings Offer More Than Meets The Eye

Nov 09
East Pipes Integrated Company for Industry's (TADAWUL:1321) Earnings Offer More Than Meets The Eye
2020
ر.س118.70
SABIC Agri-Nutrients
7D
8.7%
1Y
7.3%

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