Saudi Kayan Petrochemical Company (TADAWUL:2350) Might Not Be As Mispriced As It Looks
Jan 02
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Saudi Arabian (Tadawul) Chemicals Industry Analysis
UpdatedJan 05, 2026
DataAggregated Company Financials
Companies18
- 7D-0.8%
- 3M-17.6%
- 1Y-20.8%
- YTD-1.5%
The Chemicals industry has stayed flat over the last week. As for the longer term, the industry has declined 20% in the last year. As for the next few years, earnings are expected to grow by 72% per annum.
Industry Valuation and Performance
Has the Saudi Arabian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 05 Jan 2026 | ر.س279.2b | ر.س192.6b | -ر.س41,477,705,700.00 | 37.5x | -6.7x | 1.4x |
| Wed, 03 Dec 2025 | ر.س297.7b | ر.س192.6b | -ر.س41,477,705,700.00 | 36.2x | -7.2x | 1.5x |
| Fri, 31 Oct 2025 | ر.س333.2b | ر.س195.3b | -ر.س3,514,482,581.00 | 36.4x | -94.8x | 1.7x |
| Sun, 28 Sep 2025 | ر.س327.2b | ر.س195.4b | -ر.س2,918,254,999.00 | 61.9x | -112.1x | 1.7x |
| Tue, 26 Aug 2025 | ر.س331.3b | ر.س195.4b | -ر.س2,907,287,869.00 | 38x | -113.9x | 1.7x |
| Thu, 24 Jul 2025 | ر.س303.7b | ر.س195.7b | ر.س4.2b | 37.2x | 71.8x | 1.6x |
| Sat, 21 Jun 2025 | ر.س297.3b | ر.س195.6b | ر.س4.2b | 40.2x | 70.3x | 1.5x |
| Mon, 19 May 2025 | ر.س315.7b | ر.س195.6b | ر.س4.2b | 41.5x | 74.4x | 1.6x |
| Wed, 16 Apr 2025 | ر.س324.7b | ر.س192.8b | ر.س5.2b | 56.8x | 62.5x | 1.7x |
| Fri, 14 Mar 2025 | ر.س331.8b | ر.س192.8b | ر.س5.3b | 50.3x | 62.2x | 1.7x |
| Sun, 09 Feb 2025 | ر.س358.2b | ر.س192.8b | ر.س6.2b | 48.6x | 57.5x | 1.9x |
| Tue, 07 Jan 2025 | ر.س350.1b | ر.س192.8b | ر.س6.2b | 48.3x | 56.2x | 1.8x |
| Thu, 05 Dec 2024 | ر.س362.3b | ر.س192.8b | ر.س6.2b | 46.1x | 58.1x | 1.9x |
| Sat, 02 Nov 2024 | ر.س381.3b | ر.س191.3b | ر.س5.6b | 56.1x | 68.5x | 2x |
| Mon, 30 Sep 2024 | ر.س397.3b | ر.س191.0b | ر.س5.8b | 57.7x | 68.9x | 2.1x |
| Wed, 28 Aug 2024 | ر.س399.8b | ر.س191.0b | ر.س5.8b | 57.5x | 69.3x | 2.1x |
| Fri, 26 Jul 2024 | ر.س403.7b | ر.س188.9b | ر.س4.7b | 50.9x | 85.6x | 2.1x |
| Sun, 23 Jun 2024 | ر.س388.1b | ر.س188.7b | ر.س4.9b | 40.8x | 78.9x | 2.1x |
| Tue, 21 May 2024 | ر.س407.6b | ر.س188.7b | ر.س4.9b | 43.7x | 83.3x | 2.2x |
| Thu, 18 Apr 2024 | ر.س428.9b | ر.س191.8b | ر.س5.1b | 55.3x | 84.3x | 2.2x |
| Sat, 16 Mar 2024 | ر.س419.9b | ر.س192.1b | ر.س5.0b | 36.2x | 84.5x | 2.2x |
| Mon, 12 Feb 2024 | ر.س422.8b | ر.س212.3b | ر.س9.3b | 24.7x | 45.5x | 2x |
| Wed, 10 Jan 2024 | ر.س436.8b | ر.س212.3b | ر.س9.3b | 25.7x | 47x | 2.1x |
| Fri, 08 Dec 2023 | ر.س427.7b | ر.س212.3b | ر.س9.3b | 25x | 46x | 2x |
| Sun, 05 Nov 2023 | ر.س423.1b | ر.س217.7b | ر.س9.5b | 33.7x | 44.7x | 1.9x |
| Tue, 03 Oct 2023 | ر.س448.8b | ر.س221.6b | ر.س10.9b | 47.4x | 41x | 2x |
| Thu, 31 Aug 2023 | ر.س475.8b | ر.س221.8b | ر.س11.0b | 38.6x | 43.1x | 2.1x |
| Sat, 29 Jul 2023 | ر.س472.7b | ر.س247.6b | ر.س22.2b | 25.9x | 21.3x | 1.9x |
| Mon, 26 Jun 2023 | ر.س471.4b | ر.س248.3b | ر.س22.5b | 26x | 21x | 1.9x |
| Wed, 24 May 2023 | ر.س474.5b | ر.س262.5b | ر.س29.2b | 17x | 16.3x | 1.8x |
| Fri, 21 Apr 2023 | ر.س476.6b | ر.س267.7b | ر.س33.0b | 16.7x | 14.5x | 1.8x |
| Sun, 19 Mar 2023 | ر.س444.1b | ر.س269.6b | ر.س36.3b | 12.7x | 12.2x | 1.6x |
| Tue, 14 Feb 2023 | ر.س470.3b | ر.س278.4b | ر.س42.6b | 13.2x | 11x | 1.7x |
| Thu, 12 Jan 2023 | ر.س479.0b | ر.س278.4b | ر.س42.6b | 13.2x | 11.2x | 1.7x |
Price to Earnings Ratio
11.2x
Current Industry PE
- Investors are pessimistic on the Saudi Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- Total earnings for the Chemicals industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 12% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Materials industry?
| SA Market | -0.29% | |
| Materials | -2.10% | |
| Chemicals | -0.79% | |
| Diversified Chemicals | 0.24% | |
| Fertilizers and Agricultural Chemicals | -0.72% | |
| Commodity Chemicals | -0.81% | |
Industry PE
- Investors are most optimistic about the Fertilizers and Agricultural Chemicals industry, which is trading close to its 3-year average PE ratio of 12.8x.
- Analysts are expecting annual earnings decline of 1.5%, which is lower than the prior year's growth of 28.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 89% over the next 5 years.
- This is better than its past earnings decline of 61% per year.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| 2290 Yanbu National Petrochemical | ر.س27.68 | 3.0% +ر.س450.0m | -24.9% | PE159.1x | |
| 2350 Saudi Kayan Petrochemical | ر.س4.62 | 0.9% +ر.س60.0m | -32.6% | PS0.8x | |
| 9552 Saudi Top for Trading | ر.س7.10 | 3.3% +ر.س9.2m | -2.1% | PE37.5x | |
| 2001 Methanol Chemicals | ر.س7.29 | 1.4% +ر.س6.7m | -59.1% | PS0.7x | |
| 9623 Al Battal Factory for Chemical Industries | ر.س19.35 | 4.0% +ر.س2.5m | -68.2% | PE64.9x |
