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Has the Saudi Arabian Materials Sector valuation changed over the past few years?
|Mon, 29 Nov 2021||ر.س781.4b||ر.س300.1b||ر.س50.1b||19.1x|
|Wed, 27 Oct 2021||ر.س878.9b||ر.س288.1b||ر.س42.0b||20.9x|
|Fri, 24 Sep 2021||ر.س803.7b||ر.س286.7b||ر.س41.1b||21x|
|Sun, 22 Aug 2021||ر.س763.9b||ر.س287.2b||ر.س41.1b||19.9x|
|Fri, 09 Jul 2021||ر.س763.9b||ر.س287.2b||ر.س41.1b||21.8x|
|Thu, 01 Apr 2021||ر.س709.4b||ر.س209.7b||ر.س15.2b||25.1x|
|Sun, 03 Jan 2021||ر.س599.2b||ر.س196.8b||ر.س4.9b||23.2x|
|Wed, 07 Oct 2020||ر.س540.6b||ر.س199.7b||ر.س402.1m||19.4x|
|Tue, 30 Jun 2020||ر.س488.6b||ر.س199.3b||-ر.س567,470,584.00||16.6x|
|Fri, 03 Apr 2020||ر.س402.5b||ر.س211.8b||ر.س4.6b||16.4x|
|Mon, 06 Jan 2020||ر.س542.6b||ر.س220.1b||ر.س10.7b||21.9x|
|Thu, 10 Oct 2019||ر.س525.9b||ر.س228.1b||ر.س15.1b||22.5x|
|Wed, 03 Jul 2019||ر.س610.3b||ر.س239.8b||ر.س22.0b||24.5x|
|Sat, 06 Apr 2019||ر.س644.1b||ر.س251.3b||ر.س29.6b||22.2x|
|Tue, 08 Jan 2019||ر.س590.7b||ر.س255.4b||ر.س32.9b||18.5x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 21.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Materials industry have grown 13% per year over the last three years, and revenues for these companies have grown 5.3% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Saudi Arabian Materials sector?
|Paper and Forestry Products||-3.74%|
|Metals and Mining||-7.28%|
Industry PE: Investors are most optimistic about the Packaging industry even though it's trading below its 3-year average PE ratio of 46.4x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Chemicals industry, which is trading below its 3-year average of 23.8x.
Forecasted Growth: Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 17% over the next 5 years. This is better than its past earnings decline of 17% per year. Meanwhile, the Metals and Mining industry is expected to see its earnings decline by 2.4% per year over the next few years.
Saudi Kayan Petrochemical
Saudi Basic Industries
Sahara International Petrochemical
Yanbu National Petrochemical
Filling and Packing Materials Manufacturing