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Saudi Arabian (Tadawul) Materials Sector Analysis

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies67
  • 7D5.1%
  • 3M-8.7%
  • 1Y-2.8%
  • YTD3.3%

Over the last 7 days, the Materials industry has risen 1.1%, driven by gains from Saudi Arabian Mining Company (Ma'aden) of 8.1%. Meanwhile, Advanced Petrochemical actually underperformed within the industry, shrinking 5.8% in the last week. In the past year, the industry is down 4.4%. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Jan 2026ر.س608.8bر.س266.2bر.س4.7b19.5x128.2x2.3x
Wed, 10 Dec 2025ر.س599.1bر.س266.3b-ر.س32,250,795,419.0019.9x-18.6x2.3x
Fri, 07 Nov 2025ر.س622.8bر.س267.7bر.س4.9b18.4x126.5x2.3x
Sun, 05 Oct 2025ر.س662.6bر.س267.2bر.س5.2b19.8x126.6x2.5x
Tue, 02 Sep 2025ر.س601.1bر.س267.2bر.س5.2b19.5x114.7x2.2x
Thu, 31 Jul 2025ر.س586.8bر.س264.8bر.س11.3b19.8x52.1x2.2x
Sat, 28 Jun 2025ر.س574.8bر.س264.3bر.س11.5b20.1x50x2.2x
Mon, 26 May 2025ر.س582.6bر.س262.8bر.س11.5b20.9x50.5x2.2x
Wed, 23 Apr 2025ر.س569.4bر.س258.4bر.س12.1b20.7x47.2x2.2x
Fri, 21 Mar 2025ر.س586.4bر.س257.6bر.س11.9b22.2x49.2x2.3x
Sun, 16 Feb 2025ر.س630.3bر.س255.3bر.س13.7b23.9x46x2.5x
Tue, 14 Jan 2025ر.س619.4bر.س255.5bر.س13.7b22.9x45.2x2.4x
Thu, 12 Dec 2024ر.س652.8bر.س255.5bر.س13.6b22.7x47.8x2.6x
Sat, 09 Nov 2024ر.س665.7bر.س251.4bر.س11.7b25.1x56.8x2.6x
Mon, 07 Oct 2024ر.س662.5bر.س250.3bر.س11.7b24.6x56.7x2.6x
Wed, 04 Sep 2024ر.س638.9bر.س250.1bر.س11.7b28.2x54.8x2.6x
Fri, 02 Aug 2024ر.س653.9bر.س247.0bر.س9.7b25.5x67.6x2.6x
Sun, 30 Jun 2024ر.س636.1bر.س246.4bر.س9.6b26x66.3x2.6x
Tue, 28 May 2024ر.س658.7bر.س245.3bر.س9.4b26.7x70.4x2.7x
Thu, 25 Apr 2024ر.س690.4bر.س248.3bر.س8.8b30.2x78.7x2.8x
Sat, 23 Mar 2024ر.س701.4bر.س248.7bر.س9.1b30.2x77x2.8x
Mon, 19 Feb 2024ر.س692.8bر.س270.0bر.س13.3b28.4x52.2x2.6x
Wed, 17 Jan 2024ر.س668.1bر.س270.0bر.س13.3b26.1x50.3x2.5x
Fri, 15 Dec 2023ر.س653.3bر.س269.9bر.س13.2b26.9x49.5x2.4x
Sun, 12 Nov 2023ر.س632.2bر.س258.0bر.س12.7b23.9x49.6x2.5x
Tue, 10 Oct 2023ر.س656.7bر.س283.2bر.س17.3b24.4x37.9x2.3x
Thu, 07 Sep 2023ر.س696.9bر.س283.0bر.س17.4b25.7x40.1x2.5x
Sat, 05 Aug 2023ر.س703.6bر.س310.6bر.س30.6b26x23x2.3x
Mon, 03 Jul 2023ر.س720.7bر.س313.3bر.س32.8b26.8x22x2.3x
Wed, 31 May 2023ر.س713.3bر.س315.1bر.س35.5b25x20.1x2.3x
Fri, 28 Apr 2023ر.س731.1bر.س332.8bر.س44.9b22.3x16.3x2.2x
Sun, 26 Mar 2023ر.س695.1bر.س333.5bر.س47.8b21.5x14.5x2.1x
Tue, 21 Feb 2023ر.س710.9bر.س341.1bر.س55.1b23x12.9x2.1x
Thu, 19 Jan 2023ر.س747.4bر.س341.0bر.س55.1b21.5x13.6x2.2x
Price to Earnings Ratio

13.6x


Total Market Cap: ر.س747.4bTotal Earnings: ر.س55.1bTotal Revenue: ر.س341.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Materials Sector Price to Earnings3Y Average 49.5x202420252026
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 125x which is higher than its 3-year average PE of 49.4x.
  • 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 Market2.80%
Materials5.13%
Metals and Mining7.84%
Basic Materials3.97%
Chemicals2.95%
Packaging1.04%
Paper and Forestry Products0.38%
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 217x.
    • Analysts are expecting annual earnings growth of 58.2%, 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 3.2% 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.س64.458.1%
+ر.س18.8b		34.3%PE44.9x
2010 Saudi Basic Industriesر.س52.704.3%
+ر.س6.5b		-21.0%PS1.1x
2020 SABIC Agri-Nutrientsر.س113.903.5%
+ر.س1.9b		3.5%PE12.6x
2223 Saudi Aramco Base Oil Company - Luberefر.س100.706.0%
+ر.س959.1m		-9.1%PE17.8x
3020 YAMAMA Cementر.س26.3012.6%
+ر.س595.4m		-26.2%PE12.6x

Latest News

2010
ر.س52.70
Saudi Basic Industries
7D
4.3%
1Y
-21.0%
2290
ر.س27.18
Yanbu National Petrochemical
7D
-1.8%
1Y
-27.1%

Yanbu National Petrochemical's (TADAWUL:2290) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jan 09
Yanbu National Petrochemical's (TADAWUL:2290) Returns On Capital Tell Us There Is Reason To Feel Uneasy
2223
ر.س100.70
Saudi Aramco Base Oil Company - Luberef
7D
6.0%
1Y
-9.1%

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.
1322
ر.س93.35
Al Masane Al Kobra Mining
7D
7.1%
1Y
41.4%

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.س14.81
Sahara International Petrochemical
7D
-1.2%
1Y
-35.7%

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.س36.44
Al Yamamah Steel Industries
7D
10.4%
1Y
-5.6%

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.س64.45
Saudi Arabian Mining Company (Ma'aden)
7D
8.1%
1Y
34.3%

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).
2240
ر.س41.80
Advanced Building Industries
7D
7.7%
1Y
14.2%
1202
ر.س20.59
Middle East Company for Manufacturing and Producing Paper
7D
-2.9%
1Y
-45.2%
3020
ر.س26.30
YAMAMA Cement
7D
12.6%
1Y
-26.2%
2170
ر.س24.38
Alujain
7D
-9.6%
1Y
-33.7%
2330
ر.س27.48
Advanced Petrochemical
7D
-5.8%
1Y
-13.0%

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
1321
ر.س133.80
East Pipes Integrated Company for Industry
7D
-0.9%
1Y
-2.5%

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
2020
ر.س113.90
SABIC Agri-Nutrients
7D
3.5%
1Y
3.5%

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.س11.80
Saudi Industrial Investment Group
7D
-2.2%
1Y
-37.5%
9552
ر.س6.60
Saudi Top for Trading
7D
-7.0%
1Y
-13.8%