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Saudi Arabian (Tadawul) Materials Sector Analysis

UpdatedJan 24, 2026
DataAggregated Company Financials
Companies67
  • 7D1.4%
  • 3M0.3%
  • 1Y1.7%
  • YTD11.1%

The Materials industry is up 1.4% in the last week, with Saudi Arabian Mining Company (Ma'aden) up 1.6%. The industry has been flat over the past 12 months despite the gain this week. 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
Sat, 24 Jan 2026ر.س654.8bر.س266.3bر.س4.8b19.8x137.6x2.5x
Mon, 22 Dec 2025ر.س592.1bر.س266.3b-ر.س32,260,559,947.0019.4x-18.4x2.2x
Wed, 19 Nov 2025ر.س617.5bر.س266.4b-ر.س32,256,265,057.0019.7x-19.1x2.3x
Fri, 17 Oct 2025ر.س673.1bر.س267.2bر.س5.2b19.5x128.6x2.5x
Sun, 14 Sep 2025ر.س598.5bر.س267.3bر.س5.2b18.8x114.1x2.2x
Tue, 12 Aug 2025ر.س593.4bر.س264.5bر.س4.7b20.2x126.4x2.2x
Thu, 10 Jul 2025ر.س603.8bر.س264.5bر.س11.5b20.6x52.4x2.3x
Sat, 07 Jun 2025ر.س568.4bر.س263.9bر.س11.5b20.9x49.5x2.2x
Mon, 05 May 2025ر.س574.9bر.س259.6bر.س12.3b21.1x46.9x2.2x
Wed, 02 Apr 2025ر.س597.6bر.س258.3bر.س11.9b22.4x50.4x2.3x
Fri, 28 Feb 2025ر.س591.3bر.س255.7bر.س13.5b23.5x43.7x2.3x
Sun, 26 Jan 2025ر.س639.0bر.س255.5bر.س13.7b23.9x46.7x2.5x
Tue, 24 Dec 2024ر.س623.0bر.س255.5bر.س13.6b22.3x45.7x2.4x
Thu, 21 Nov 2024ر.س648.7bر.س255.3bر.س13.6b23.5x47.8x2.5x
Sat, 19 Oct 2024ر.س657.3bر.س250.3bر.س11.7b25.4x56.3x2.6x
Mon, 16 Sep 2024ر.س613.2bر.س250.3bر.س11.7b25x52.5x2.4x
Wed, 14 Aug 2024ر.س627.0bر.س249.6bر.س10.8b24.7x58x2.5x
Fri, 12 Jul 2024ر.س640.8bر.س246.2bر.س9.6b25.5x67x2.6x
Sun, 09 Jun 2024ر.س636.0bر.س245.6bر.س9.5b25.2x66.9x2.6x
Tue, 07 May 2024ر.س699.9bر.س249.1bر.س9.2b31.1x76x2.8x
Thu, 04 Apr 2024ر.س731.3bر.س248.2bر.س8.8b28.9x82.9x2.9x
Sat, 02 Mar 2024ر.س691.5bر.س270.2bر.س13.4b28.3x51.4x2.6x
Mon, 29 Jan 2024ر.س677.6bر.س270.0bر.س13.3b27.8x51.1x2.5x
Wed, 27 Dec 2023ر.س680.9bر.س269.9bر.س13.2b28.5x51.6x2.5x
Fri, 24 Nov 2023ر.س655.3bر.س269.9bر.س13.2b26x49.6x2.4x
Sun, 22 Oct 2023ر.س648.2bر.س283.2bر.س17.3b24.2x37.4x2.3x
Tue, 19 Sep 2023ر.س677.8bر.س283.0bر.س17.3b25.3x39.1x2.4x
Thu, 17 Aug 2023ر.س695.8bر.س282.8bر.س17.5b26.3x39.8x2.5x
Sat, 15 Jul 2023ر.س724.7bر.س313.7bر.س32.8b26.4x22.1x2.3x
Mon, 12 Jun 2023ر.س719.3bر.س313.2bر.س32.8b26.8x21.9x2.3x
Wed, 10 May 2023ر.س722.3bر.س332.9bر.س44.9b23x16.1x2.2x
Fri, 07 Apr 2023ر.س720.1bر.س333.5bر.س47.7b23.1x15.1x2.2x
Sun, 05 Mar 2023ر.س693.3bر.س340.8bر.س54.9b21.5x12.6x2x
Tue, 31 Jan 2023ر.س742.0bر.س341.1bر.س55.1b21.4x13.5x2.2x
Price to Earnings Ratio

13.5x


Total Market Cap: ر.س742.0bTotal Earnings: ر.س55.1bTotal Revenue: ر.س341.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Materials Sector Price to Earnings3Y Average 50.8x202420252026
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 138x which is higher than its 3-year average PE of 50.8x.
  • 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 Market2.09%
Materials1.39%
Basic Materials1.81%
Metals and Mining1.72%
Packaging1.39%
Chemicals1.03%
Paper and Forestry Products-0.73%
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 41.9%, 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.س72.451.6%
+ر.س4.5b		46.2%PE50.5x
2010 Saudi Basic Industriesر.س56.051.3%
+ر.س2.1b		-17.3%PS1.2x
2020 SABIC Agri-Nutrientsر.س121.901.6%
+ر.س904.5m		6.9%PE13.5x
1322 Al Masane Al Kobra Miningر.س102.504.9%
+ر.س431.7m		61.4%PE36.7x
3020 YAMAMA Cementر.س27.204.2%
+ر.س222.8m		-27.4%PE13x

Latest News

1322
ر.س102.50
Al Masane Al Kobra Mining
7D
4.9%
1Y
61.4%
2290
ر.س26.58
Yanbu National Petrochemical
7D
-2.6%
1Y
-29.4%
2010
ر.س56.05
Saudi Basic Industries
7D
1.3%
1Y
-17.3%

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.س99.85
Saudi Aramco Base Oil Company - Luberef
7D
1.1%
1Y
-12.3%

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.س38.80
Al Yamamah Steel Industries
7D
6.8%
1Y
-3.2%

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.س72.45
Saudi Arabian Mining Company (Ma'aden)
7D
1.6%
1Y
46.2%

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.س2.69
Zahrat Al Waha For Trading
7D
-2.5%
1Y
-20.8%

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%
2300
ر.س57.70
Saudi Paper Manufacturing
7D
-2.8%
1Y
-15.3%
2240
ر.س40.38
Advanced Building Industries
7D
-4.5%
1Y
14.2%
3020
ر.س27.20
YAMAMA Cement
7D
4.2%
1Y
-27.4%
9576
ر.س38.12
Paper Home
7D
-6.2%
1Y
-24.3%

Paper Home (TADAWUL:9576) Will Want To Turn Around Its Return Trends

Dec 05
Paper Home (TADAWUL:9576) Will Want To Turn Around Its Return Trends
2330
ر.س26.56
Advanced Petrochemical
7D
-1.6%
1Y
-16.9%

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
3030
ر.س35.30
Saudi Cement
7D
-1.5%
1Y
-17.4%
2020
ر.س121.90
SABIC Agri-Nutrients
7D
1.6%
1Y
6.9%

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
2250
ر.س11.90
Saudi Industrial Investment Group
7D
2.5%
1Y
-40.6%
9552
ر.س6.44
Saudi Top for Trading
7D
-7.7%
1Y
-25.5%