Saudi Cement (TADAWUL:3030) Has Some Difficulty Using Its Capital Effectively
Mar 06
Saudi Arabian (Tadawul) Basic Materials Industry Analysis
UpdatedMar 22, 2023
DataAggregated Company Financials
Companies19
- 7D-0.5%
- 3M6.1%
- 1Y-15.5%
- YTD1.0%
The Basic Materials industry has stayed flat over the last week. As for the longer term, the industry has declined 16% in the last year. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Saudi Arabian Basic Materials Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 22 Mar 2023 | ر.س56.8b | ر.س10.1b | ر.س1.9b | 26.4x | 30x | 5.6x |
| Fri, 17 Feb 2023 | ر.س57.7b | ر.س9.9b | ر.س1.7b | 28x | 33.3x | 5.8x |
| Sun, 15 Jan 2023 | ر.س60.0b | ر.س9.9b | ر.س1.7b | 28.2x | 34.6x | 6x |
| Tue, 13 Dec 2022 | ر.س53.1b | ر.س9.9b | ر.س1.7b | 25.2x | 30.6x | 5.3x |
| Thu, 10 Nov 2022 | ر.س58.6b | ر.س9.9b | ر.س1.8b | 27.5x | 32.7x | 5.9x |
| Sat, 08 Oct 2022 | ر.س60.5b | ر.س9.6b | ر.س1.7b | 28.3x | 36.4x | 6.3x |
| Mon, 05 Sep 2022 | ر.س63.0b | ر.س9.8b | ر.س1.7b | 28.6x | 36.3x | 6.5x |
| Wed, 03 Aug 2022 | ر.س63.0b | ر.س9.9b | ر.س1.9b | 29.7x | 33x | 6.4x |
| Fri, 01 Jul 2022 | ر.س58.9b | ر.س9.9b | ر.س1.9b | 28.4x | 30.9x | 5.9x |
| Sun, 29 May 2022 | ر.س65.0b | ر.س10.0b | ر.س1.9b | 32x | 33.4x | 6.5x |
| Tue, 26 Apr 2022 | ر.س70.0b | ر.س10.6b | ر.س2.4b | 25.8x | 29.1x | 6.6x |
| Thu, 24 Mar 2022 | ر.س67.2b | ر.س59.9b | ر.س11.6b | 24.3x | 5.8x | 1.1x |
| Sat, 19 Feb 2022 | ر.س67.0b | ر.س60.5b | ر.س12.0b | 19.8x | 5.6x | 1.1x |
| Mon, 17 Jan 2022 | ر.س68.8b | ر.س60.6b | ر.س12.1b | 20x | 5.7x | 1.1x |
| Wed, 15 Dec 2021 | ر.س67.2b | ر.س60.6b | ر.س12.1b | 19.9x | 5.5x | 1.1x |
| Fri, 12 Nov 2021 | ر.س68.5b | ر.س60.6b | ر.س12.2b | 20.1x | 5.6x | 1.1x |
| Sun, 10 Oct 2021 | ر.س70.9b | ر.س61.2b | ر.س12.5b | 17.8x | 5.7x | 1.2x |
| Tue, 07 Sep 2021 | ر.س77.3b | ر.س61.2b | ر.س12.5b | 19.8x | 6.2x | 1.3x |
| Thu, 05 Aug 2021 | ر.س81.5b | ر.س61.1b | ر.س12.5b | 21.3x | 6.5x | 1.3x |
| Sun, 09 May 2021 | ر.س77.4b | ر.س11.4b | ر.س3.4b | 21.8x | 22.9x | 6.8x |
| Wed, 10 Feb 2021 | ر.س76.0b | ر.س11.5b | ر.س3.5b | 20x | 21.4x | 6.6x |
| Tue, 03 Nov 2020 | ر.س58.7b | ر.س11.5b | ر.س3.7b | 16.2x | 15.9x | 5.1x |
| Fri, 07 Aug 2020 | ر.س52.8b | ر.س10.4b | ر.س3.2b | 15.8x | 16.3x | 5.1x |
| Thu, 30 Apr 2020 | ر.س47.2b | ر.س10.4b | ر.س3.1b | 15.1x | 15x | 4.5x |
Price to Earnings Ratio
13.8x
Current Industry PE
- Investors are optimistic on the Saudi Basic Materials industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 30.0x which is higher than its 3-year average PE of 19.6x.
- The 3-year average PS ratio of 4.6x is lower than the industry's current PS ratio of 5.6x.
Past Earnings Growth
- The earnings for companies in the Basic Materials industry have declined 16% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Materials industry?
| SA Market | -1.52% | |
| Materials | 0.48% | |
| Basic Materials | -0.55% | |
| Construction Materials | -0.55% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 3030 Saudi Cement | ر.س53.90 | 1.9% +ر.س153.0m | -8.2% | PE26.5x | |
| 3010 Arabian Cement | ر.س34.95 | 2.8% +ر.س95.0m | -13.9% | PE19.3x | |
| 3002 Najran Cement | ر.س12.72 | 3.2% +ر.س68.0m | -30.1% | PE21.5x | |
| 9512 Riyadh Cement | ر.س30.70 | 1.8% +ر.س66.0m | -9.7% | PE27x | |
| 3050 Southern Province Cement | ر.س49.85 | 0.7% +ر.س49.0m | -24.6% | PE19.5x |
