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Saudi Arabian (Tadawul) Materials Sector Analysis

UpdatedJan 01, 2026
DataAggregated Company Financials
Companies67
  • 7D-2.2%
  • 3M-11.3%
  • 1Y-8.2%
  • YTD-8.3%

Over the last 7 days, the Materials industry has dropped 2.2%, driven by a pullback from Saudi Arabian Mining Company (Ma'aden) of 3.4%. In contrast, Saudi Paper Manufacturing has gained 5.9%. Overall the industry is down 8.2% in 12 months. Looking forward, earnings are forecast to grow by 42% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Jan 2026ر.س587.9bر.س266.3b-ر.س32,264,063,846.0019.9x-18.2x2.2x
Sat, 29 Nov 2025ر.س608.0bر.س266.3b-ر.س32,271,969,012.0020.3x-18.8x2.3x
Mon, 27 Oct 2025ر.س653.3bر.س267.4bر.س5.2b19.4x124.7x2.4x
Wed, 24 Sep 2025ر.س632.6bر.س267.2bر.س5.2b19.4x120.9x2.4x
Fri, 22 Aug 2025ر.س610.6bر.س267.1bر.س5.2b19.7x116.3x2.3x
Sun, 20 Jul 2025ر.س602.6bر.س264.6bر.س11.5b20.2x52.3x2.3x
Tue, 17 Jun 2025ر.س565.3bر.س264.3bر.س11.5b20.1x49.1x2.1x
Thu, 15 May 2025ر.س593.4bر.س261.6bر.س11.1b21.5x53.5x2.3x
Sat, 12 Apr 2025ر.س566.8bر.س258.4bر.س12.1b22.1x46.9x2.2x
Mon, 10 Mar 2025ر.س584.7bر.س255.4bر.س12.9b22.1x45.4x2.3x
Wed, 05 Feb 2025ر.س632.1bر.س255.5bر.س13.7b23.9x46.2x2.5x
Fri, 03 Jan 2025ر.س621.7bر.س255.5bر.س13.7b23x45.4x2.4x
Sun, 01 Dec 2024ر.س635.7bر.س255.5bر.س13.6b22.6x46.6x2.5x
Tue, 29 Oct 2024ر.س675.1bر.س250.1bر.س11.6b25x58.4x2.7x
Thu, 26 Sep 2024ر.س649.4bر.س250.3bر.س11.7b25.4x55.6x2.6x
Sat, 24 Aug 2024ر.س635.8bر.س250.1bر.س11.7b26x54.5x2.5x
Mon, 22 Jul 2024ر.س668.4bر.س246.3bر.س9.6b25.3x69.7x2.7x
Wed, 19 Jun 2024ر.س639.5bر.س246.3bر.س9.6b25.2x66.7x2.6x
Fri, 17 May 2024ر.س685.5bر.س245.5bر.س8.9b30.8x77x2.8x
Sun, 14 Apr 2024ر.س741.3bر.س248.4bر.س8.8b29.1x84.3x3x
Tue, 12 Mar 2024ر.س698.4bر.س248.7bر.س9.3b27.5x75.2x2.8x
Thu, 08 Feb 2024ر.س687.9bر.س270.0bر.س13.3b27.9x51.8x2.5x
Sat, 06 Jan 2024ر.س692.7bر.س270.0bر.س13.3b26.2x52.2x2.6x
Mon, 04 Dec 2023ر.س657.1bر.س269.9bر.س13.2b25.9x49.8x2.4x
Wed, 01 Nov 2023ر.س624.2bر.س281.6bر.س16.6b23.8x37.5x2.2x
Fri, 29 Sep 2023ر.س680.3bر.س283.0bر.س17.3b24.9x39.3x2.4x
Sun, 27 Aug 2023ر.س695.1bر.س282.9bر.س17.3b26.3x40.1x2.5x
Tue, 25 Jul 2023ر.س704.8bر.س313.7bر.س32.8b26.1x21.5x2.2x
Thu, 22 Jun 2023ر.س711.7bر.س313.3bر.س32.8b26.9x21.7x2.3x
Sat, 20 May 2023ر.س727.5bر.س329.2bر.س42.0b22.7x17.3x2.2x
Mon, 17 Apr 2023ر.س721.0bر.س332.8bر.س44.9b22.6x16.1x2.2x
Wed, 15 Mar 2023ر.س688.2bر.س334.1bر.س48.3b20.9x14.3x2.1x
Fri, 10 Feb 2023ر.س714.0bر.س341.1bر.س55.1b21.8x12.9x2.1x
Sun, 08 Jan 2023ر.س713.3bر.س341.0bر.س55.1b21.2x12.9x2.1x
Price to Earnings Ratio

12.9x


Total Market Cap: ر.س713.3bTotal Earnings: ر.س55.1bTotal Revenue: ر.س341.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Materials Sector Price to Earnings3Y Average 49.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Saudi Materials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
  • Total earnings for the Materials industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 7.9% per year, which is driving profits down.

Industry Trends

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

SA Market-0.063%
Materials-2.24%
Paper and Forestry Products0.40%
Basic Materials-0.44%
Packaging-1.38%
Chemicals-1.58%
Metals and Mining-3.24%
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 215x.
    • Analysts are expecting annual earnings growth of 59.0%, 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 72% 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 5.0% 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
1322 Al Masane Al Kobra Miningر.س89.356.4%
+ر.س481.1m		37.5%PE32x
2350 Saudi Kayan Petrochemicalر.س4.774.8%
+ر.س330.0m		-30.6%PS0.8x
2290 Yanbu National Petrochemicalر.س28.001.9%
+ر.س292.5m		-24.2%PE160.9x
3050 Southern Province Cementر.س22.442.7%
+ر.س81.2m		-33.2%PE21.6x
2300 Saudi Paper Manufacturingر.س61.553.6%
+ر.س79.5m		-4.4%PE53.9x

Latest News

1304
ر.س32.40
Al Yamamah Steel Industries
7D
-3.3%
1Y
-10.0%
2300
ر.س61.55
Saudi Paper Manufacturing
7D
3.6%
1Y
-4.4%
2223
ر.س95.90
Saudi Aramco Base Oil Company - Luberef
7D
-2.6%
1Y
-14.4%

2223: Extended Feedstock Agreements Will Support Long-Term Upside Potential

Analysts have modestly raised their price target on Saudi Aramco Base Oil Company - Luberef to SAR 122.03, reflecting a slightly higher discount rate and stable assumptions for revenue growth, profit margins, and future valuation multiples. What's in the News Saudi Aramco notified Luberef of a successor feedstock supply agreement for the Jeddah Facility, securing feedstock beyond the current contract expiry in August 2026 and supporting continued operations past the previously expected mid 2026 closure (company announcement).
2010
ر.س51.40
Saudi Basic Industries
7D
-1.4%
1Y
-23.2%

2010: Legal Ruling And Higher Earnings Multiple Will Drive Bullish Repricing

Analysts have trimmed their price target for Saudi Basic Industries slightly, reducing fair value by about $0.19 to $63.49. This reflects expectations of stronger top line growth, offset by a modestly lower profit margin and a higher implied future earnings multiple.
3020
ر.س23.64
YAMAMA Cement
7D
-2.3%
1Y
-29.1%
2290
ر.س28.00
Yanbu National Petrochemical
7D
1.9%
1Y
-24.2%

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
1211
ر.س60.85
Saudi Arabian Mining Company (Ma'aden)
7D
-2.6%
1Y
23.3%

1211: Rare Earth Agreement Will Drive Future Margin Expansion And Earnings Repricing

Analysts have raised their price target for Saudi Arabian Mining Company (Ma'aden) from SAR 60.00 to about SAR 71.80, citing expectations of slightly slower revenue growth, offset by improved profit margins and a higher justified future price to earnings multiple. What's in the News Ma'aden signed a binding term sheet with MP Materials and Mountain JV, LLC to establish a rare earth refining and separation facility in Saudi Arabia, subject to customary regulatory and corporate approvals (company filing).
2060
ر.س9.15
National Industrialization
7D
-2.5%
1Y
-8.7%
3050
ر.س22.44
Southern Province Cement
7D
2.7%
1Y
-33.2%

This Analyst Just Downgraded Their Southern Province Cement Company (TADAWUL:3050) EPS Forecasts

Nov 28
This Analyst Just Downgraded Their Southern Province Cement Company (TADAWUL:3050) EPS Forecasts
2330
ر.س29.54
Advanced Petrochemical
7D
0.8%
1Y
-7.7%

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
1320
ر.س37.74
Saudi Steel Pipes
7D
-1.9%
1Y
-41.8%
1321
ر.س137.90
East Pipes Integrated Company for Industry
7D
-1.8%
1Y
-0.9%

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
2350
ر.س4.77
Saudi Kayan Petrochemical
7D
4.8%
1Y
-30.6%
1322
ر.س89.35
Al Masane Al Kobra Mining
7D
6.4%
1Y
37.5%
3060
ر.س14.68
Yanbu Cement
7D
2.5%
1Y
-37.2%
3010
ر.س21.80
Arabian Cement
7D
2.9%
1Y
-10.3%