Getting In Cheap On Sahara International Petrochemical Company (TADAWUL:2310) Might Be Difficult
Dec 30
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Saudi Arabian (Tadawul) Materials Sector Analysis
UpdatedJan 20, 2025
DataAggregated Company Financials
Companies66
- 7D2.4%
- 3M-5.9%
- 1Y-6.5%
- YTD0.2%
In the last week, the Materials industry is up 1.9%, with SABIC Agri-Nutrients leading the way, up 6.9%. In the past year, the industry is down 5.6%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 Jan 2025 | ر.س636.5b | ر.س255.5b | ر.س13.7b | 23x | 46.5x | 2.5x |
| Wed, 18 Dec 2024 | ر.س633.4b | ر.س255.5b | ر.س13.6b | 22.8x | 46.4x | 2.5x |
| Fri, 15 Nov 2024 | ر.س654.4b | ر.س255.2b | ر.س13.6b | 23.7x | 48.2x | 2.6x |
| Sun, 13 Oct 2024 | ر.س653.3b | ر.س250.3b | ر.س11.7b | 24.6x | 55.9x | 2.6x |
| Tue, 10 Sep 2024 | ر.س625.4b | ر.س250.2b | ر.س11.7b | 25x | 53.6x | 2.5x |
| Thu, 08 Aug 2024 | ر.س629.0b | ر.س247.1b | ر.س9.8b | 24.7x | 64x | 2.5x |
| Sat, 06 Jul 2024 | ر.س637.3b | ر.س246.4b | ر.س9.6b | 26.5x | 66.5x | 2.6x |
| Mon, 03 Jun 2024 | ر.س649.2b | ر.س245.4b | ر.س9.4b | 26.2x | 69.3x | 2.6x |
| Wed, 01 May 2024 | ر.س712.0b | ر.س248.3b | ر.س8.8b | 30x | 81.1x | 2.9x |
| Fri, 29 Mar 2024 | ر.س687.0b | ر.س248.7b | ر.س9.1b | 28.7x | 75.2x | 2.8x |
| Sun, 25 Feb 2024 | ر.س695.5b | ر.س270.2b | ر.س13.3b | 28.6x | 52.1x | 2.6x |
| Tue, 23 Jan 2024 | ر.س668.5b | ر.س270.0b | ر.س13.3b | 25.7x | 50.4x | 2.5x |
| Thu, 21 Dec 2023 | ر.س668.9b | ر.س269.9b | ر.س13.2b | 27.8x | 50.7x | 2.5x |
| Sat, 18 Nov 2023 | ر.س655.8b | ر.س270.0b | ر.س13.3b | 24.4x | 49.3x | 2.4x |
| Mon, 16 Oct 2023 | ر.س655.5b | ر.س283.2b | ر.س17.3b | 24.5x | 37.8x | 2.3x |
| Wed, 13 Sep 2023 | ر.س694.4b | ر.س283.0b | ر.س17.3b | 25x | 40.1x | 2.5x |
| Fri, 11 Aug 2023 | ر.س703.1b | ر.س306.3b | ر.س28.1b | 25.8x | 25x | 2.3x |
| Sun, 09 Jul 2023 | ر.س723.8b | ر.س313.3b | ر.س32.8b | 26.3x | 22.1x | 2.3x |
| Tue, 06 Jun 2023 | ر.س714.5b | ر.س314.0b | ر.س32.7b | 26.9x | 21.9x | 2.3x |
| Thu, 04 May 2023 | ر.س710.9b | ر.س332.8b | ر.س44.9b | 22.5x | 15.8x | 2.1x |
| Sat, 01 Apr 2023 | ر.س699.7b | ر.س333.5b | ر.س47.7b | 21.9x | 14.7x | 2.1x |
| Mon, 27 Feb 2023 | ر.س694.3b | ر.س340.8b | ر.س54.9b | 21.4x | 12.7x | 2x |
| Wed, 25 Jan 2023 | ر.س749.5b | ر.س341.1b | ر.س55.1b | 21.5x | 13.6x | 2.2x |
| Fri, 23 Dec 2022 | ر.س656.4b | ر.س331.8b | ر.س53.8b | 21x | 12.2x | 2x |
| Sun, 20 Nov 2022 | ر.س679.6b | ر.س331.7b | ر.س53.8b | 22.5x | 12.6x | 2x |
| Tue, 18 Oct 2022 | ر.س729.9b | ر.س322.5b | ر.س58.3b | 20.9x | 12.5x | 2.3x |
| Thu, 15 Sep 2022 | ر.س744.9b | ر.س322.5b | ر.س58.3b | 22.8x | 12.8x | 2.3x |
| Sat, 13 Aug 2022 | ر.س791.3b | ر.س302.9b | ر.س55.6b | 24.6x | 14.2x | 2.6x |
| Mon, 11 Jul 2022 | ر.س688.0b | ر.س297.3b | ر.س54.1b | 20.3x | 12.7x | 2.3x |
| Wed, 08 Jun 2022 | ر.س822.8b | ر.س297.2b | ر.س54.1b | 23.1x | 15.2x | 2.8x |
| Fri, 06 May 2022 | ر.س927.6b | ر.س278.2b | ر.س52.7b | 22.6x | 17.6x | 3.3x |
| Sun, 03 Apr 2022 | ر.س933.0b | ر.س322.1b | ر.س58.2b | 21.9x | 16x | 2.9x |
| Tue, 01 Mar 2022 | ر.س826.8b | ر.س317.7b | ر.س55.5b | 18.6x | 14.9x | 2.6x |
| Thu, 27 Jan 2022 | ر.س831.2b | ر.س301.0b | ر.س50.2b | 19.5x | 16.6x | 2.8x |
Price to Earnings Ratio
16.6x
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 46.0x which is higher than its 3-year average PE of 34.7x.
- The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Materials industry have declined 35% per year over the last three years,
- Revenues have also declined 5.3% 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 | 1.08% | |
| Materials | 2.39% | |
| Paper and Forestry Products | 4.44% | |
| Chemicals | 2.77% | |
| Metals and Mining | 2.07% | |
| Basic Materials | 1.02% | |
| Packaging | 0.43% | |
Industry PE
- Investors are most optimistic about the Packaging industry which is trading above its 3-year average PE ratio of 115x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Basic Materials industry, which is trading below its 3-year average of 25.0x.
Forecasted Growth
- Analysts are most optimistic on the Paper and Forestry Products industry, expecting annual earnings growth of 55% over the next 5 years.
- However this is lower than its past earnings growth rate of 77% per year.
- In contrast, the Basic Materials industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2010 Saudi Basic Industries | ر.س68.40 | 2.5% +ر.س5.1b | -12.1% | PE83.1x | |
| 1211 Saudi Arabian Mining Company (Ma'aden) | ر.س49.00 | 2.1% +ر.س3.8b | 3.6% | PE48.1x | |
| 2020 SABIC Agri-Nutrients | ر.س113.80 | 3.5% +ر.س1.8b | -10.3% | PE16.2x | |
| 2250 Saudi Industrial Investment Group | ر.س18.34 | 7.9% +ر.س1.0b | -8.4% | PE68.8x | |
| 2310 Sahara International Petrochemical | ر.س23.86 | 3.6% +ر.س594.6m | -21.6% | PE30.6x |
