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Saudi Arabian (Tadawul) Materials Sector Analysis

UpdatedJan 09, 2026
DataAggregated Company Financials
Companies67
  • 7D1.1%
  • 3M-11.3%
  • 1Y-4.4%
  • YTD1.1%

In the last week, the Materials industry is up 1.4%, with Saudi Arabian Mining Company (Ma'aden) up 3.9%. In the past year, the industry is down 4.1%. As for the next few years, earnings are expected to grow by 34% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Jan 2026ر.س595.6bر.س266.3bر.س4.7b19.6x125.4x2.2x
Sun, 07 Dec 2025ر.س601.6bر.س266.3b-ر.س32,250,795,419.0020x-18.7x2.3x
Tue, 04 Nov 2025ر.س645.6bر.س268.1bر.س5.1b18.7x127.2x2.4x
Thu, 02 Oct 2025ر.س663.3bر.س267.2bر.س5.2b20x126.7x2.5x
Sat, 30 Aug 2025ر.س607.8bر.س267.2bر.س5.2b20.1x116x2.3x
Mon, 28 Jul 2025ر.س591.1bر.س264.6bر.س11.5b20.4x51.3x2.2x
Wed, 25 Jun 2025ر.س566.9bر.س264.3bر.س11.5b19.9x49.3x2.1x
Fri, 23 May 2025ر.س581.4bر.س262.8bر.س11.6b20.7x50.2x2.2x
Sun, 20 Apr 2025ر.س575.2bر.س258.4bر.س12.1b21.2x47.6x2.2x
Tue, 18 Mar 2025ر.س600.8bر.س257.6bر.س11.9b22.5x50.4x2.3x
Thu, 13 Feb 2025ر.س631.6bر.س255.5bر.س13.7b23.9x46x2.5x
Sat, 11 Jan 2025ر.س612.5bر.س255.5bر.س13.7b22.8x44.7x2.4x
Mon, 09 Dec 2024ر.س640.5bر.س255.5bر.س13.6b22.7x46.9x2.5x
Wed, 06 Nov 2024ر.س664.4bر.س251.4bر.س11.8b24.3x56.5x2.6x
Fri, 04 Oct 2024ر.س662.5bر.س250.3bر.س11.7b25.2x56.7x2.6x
Sun, 01 Sep 2024ر.س638.1bر.س250.1bر.س11.7b27.1x54.7x2.6x
Tue, 30 Jul 2024ر.س657.2bر.س247.0bر.س9.6b25.8x68.4x2.7x
Thu, 27 Jun 2024ر.س642.1bر.س246.4bر.س9.6b25x66.9x2.6x
Sat, 25 May 2024ر.س672.3bر.س245.0bر.س9.3b26.5x72.1x2.7x
Mon, 22 Apr 2024ر.س718.2bر.س248.3bر.س8.8b31.5x81.8x2.9x
Wed, 20 Mar 2024ر.س702.5bر.س248.8bر.س8.8b29.3x79.5x2.8x
Fri, 16 Feb 2024ر.س692.9bر.س270.0bر.س13.3b28.2x52.2x2.6x
Sun, 14 Jan 2024ر.س678.2bر.س270.0bر.س13.3b26x51.1x2.5x
Tue, 12 Dec 2023ر.س655.5bر.س269.9bر.س13.2b27.7x49.7x2.4x
Thu, 09 Nov 2023ر.س632.4bر.س275.5bر.س13.8b23.8x46x2.3x
Sat, 07 Oct 2023ر.س662.2bر.س283.2bر.س17.3b24.4x38.2x2.3x
Mon, 04 Sep 2023ر.س700.2bر.س283.0bر.س17.4b26.6x40.3x2.5x
Wed, 02 Aug 2023ر.س709.8bر.س311.8bر.س31.5b25.7x22.5x2.3x
Fri, 30 Jun 2023ر.س714.4bر.س313.3bر.س32.8b26.6x21.8x2.3x
Sun, 28 May 2023ر.س713.5bر.س315.1bر.س35.5b25x20.1x2.3x
Tue, 25 Apr 2023ر.س727.0bر.س332.8bر.س44.9b22x16.2x2.2x
Thu, 23 Mar 2023ر.س687.6bر.س333.5bر.س47.7b21.5x14.4x2.1x
Sat, 18 Feb 2023ر.س724.0bر.س341.1bر.س55.1b22.3x13.1x2.1x
Mon, 16 Jan 2023ر.س748.2bر.س341.0bر.س55.1b21.7x13.6x2.2x
Price to Earnings Ratio

13.6x


Total Market Cap: ر.س748.2bTotal Earnings: ر.س55.1bTotal Revenue: ر.س341.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Materials Sector Price to Earnings3Y Average 49.2x202420252026
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 126x which is higher than its 3-year average PE of 49.1x.
  • 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 Market-0.84%
Materials1.06%
Metals and Mining4.24%
Basic Materials0.077%
Packaging-1.58%
Chemicals-1.62%
Paper and Forestry Products-2.48%
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 216x.
    • Analysts are expecting annual earnings growth of 57.9%, 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 58% 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 4.9% 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.س63.504.4%
+ر.س10.3b		31.5%PE44.2x
1322 Al Masane Al Kobra Miningر.س94.255.5%
+ر.س440.7m		45.9%PE33.8x
2223 Saudi Aramco Base Oil Company - Luberefر.س98.002.2%
+ر.س353.3m		-11.1%PE17.3x
3020 YAMAMA Cementر.س24.955.5%
+ر.س265.3m		-27.7%PE12x
1304 Al Yamamah Steel Industriesر.س37.0614.4%
+ر.س236.7m		-3.1%PE31.5x

Latest News

2223
ر.س98.00
Saudi Aramco Base Oil Company - Luberef
7D
2.2%
1Y
-11.1%

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.
2010
ر.س50.90
Saudi Basic Industries
7D
-1.0%
1Y
-23.5%

2010: Legal Ruling And Reserve Transfer Will Support Bullish Repricing

Analysts kept their fair value estimate for Saudi Basic Industries steady at $63.49 per share, explaining that small adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions did not materially change their overall view of the company. What's in the News Saudi Basic Industries has called a special or extraordinary shareholders meeting for December 31, 2025, at 19:00 Arab Standard Time in Riyadh to vote on transferring a general reserve balance of SAR 110,889,032,000, as reported in the consolidated financial statements for the year ended December 31, 2024, and interim statements for the third quarter of 2025, to the retained earnings account (Key Developments).
1322
ر.س94.25
Al Masane Al Kobra Mining
7D
5.5%
1Y
45.9%

Here's Why We Think Al Masane Al Kobra Mining (TADAWUL:1322) Is Well Worth Watching

Jan 07
Here's Why We Think Al Masane Al Kobra Mining (TADAWUL:1322) Is Well Worth Watching
2310
ر.س14.70
Sahara International Petrochemical
7D
-3.3%
1Y
-34.7%

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
1304
ر.س37.06
Al Yamamah Steel Industries
7D
14.4%
1Y
-3.1%

Al Yamamah Steel Industries (TADAWUL:1304) Has More To Do To Multiply In Value Going Forward

Jan 06
Al Yamamah Steel Industries (TADAWUL:1304) Has More To Do To Multiply In Value Going Forward
1211
ر.س63.50
Saudi Arabian Mining Company (Ma'aden)
7D
4.4%
1Y
31.5%

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.س4.57
Saudi Kayan Petrochemical
7D
-4.2%
1Y
-31.5%

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
2300
ر.س62.80
Saudi Paper Manufacturing
7D
2.0%
1Y
-1.1%
2240
ر.س42.28
Advanced Building Industries
7D
8.5%
1Y
16.8%
3020
ر.س24.95
YAMAMA Cement
7D
5.5%
1Y
-27.7%
2290
ر.س26.46
Yanbu National Petrochemical
7D
-5.5%
1Y
-27.8%

Yanbu National Petrochemical Company's (TADAWUL:2290) Popularity With Investors Is Under Threat From Overpricing

Dec 19
Yanbu National Petrochemical Company's (TADAWUL:2290) Popularity With Investors Is Under Threat From Overpricing
9523
ر.س36.80
Group Five Pipe Saudi
7D
6.7%
1Y
-9.1%
2170
ر.س24.47
Alujain
7D
-10.8%
1Y
-33.5%
2330
ر.س27.40
Advanced Petrochemical
7D
-7.2%
1Y
-10.6%

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
2020
ر.س110.00
SABIC Agri-Nutrients
7D
-0.9%
1Y
3.2%

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.س11.75
Saudi Industrial Investment Group
7D
-5.8%
1Y
-34.3%