Narrative Update • Jun 01
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- 7D-5.9%
- 3M-12.1%
- 1Y18.4%
- YTD-1.5%
Over the last 7 days, the Metals and Mining industry has dropped 5.9%, driven by a pullback from Saudi Arabian Mining Company (Maaden) of 6.5%. Over the past 12 months, the industry was up 18%. Looking forward, earnings are forecast to grow by 8.3% annually.
Industry Valuation and Performance
Has the Saudi Arabian Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 13 Jun 2026 | ر.س255.7b | ر.س57.4b | ر.س9.0b | 17.4x | 28.5x | 4.5x |
| Mon, 11 May 2026 | ر.س283.0b | ر.س57.3b | ر.س8.9b | 19.9x | 31.9x | 4.9x |
| Wed, 08 Apr 2026 | ر.س277.4b | ر.س57.2b | ر.س8.8b | 19.5x | 31.5x | 4.8x |
| Fri, 06 Mar 2026 | ر.س300.6b | ر.س56.2b | ر.س7.1b | 25.7x | 42.2x | 5.4x |
| Sun, 01 Feb 2026 | ر.س327.4b | ر.س55.9b | ر.س6.9b | 32.3x | 47.3x | 5.9x |
| Tue, 30 Dec 2025 | ر.س265.4b | ر.س55.4b | ر.س6.8b | 31.5x | 39x | 4.8x |
| Thu, 27 Nov 2025 | ر.س263.0b | ر.س55.4b | ر.س6.8b | 32.3x | 38.7x | 4.7x |
| Sat, 25 Oct 2025 | ر.س272.8b | ر.س53.6b | ر.س5.5b | 31.5x | 49.5x | 5.1x |
| Mon, 22 Sep 2025 | ر.س242.0b | ر.س53.6b | ر.س5.5b | 30.9x | 43.9x | 4.5x |
| Wed, 20 Aug 2025 | ر.س227.1b | ر.س53.6b | ر.س5.5b | 29.4x | 41.2x | 4.2x |
| Fri, 18 Jul 2025 | ر.س235.8b | ر.س51.3b | ر.س4.6b | 27.4x | 51.7x | 4.6x |
| Sun, 15 Jun 2025 | ر.س211.7b | ر.س51.2b | ر.س4.6b | 22.5x | 46.4x | 4.1x |
| Tue, 13 May 2025 | ر.س216.3b | ر.س49.8b | ر.س4.1b | 24.5x | 53x | 4.3x |
| Thu, 10 Apr 2025 | ر.س178.7b | ر.س49.7b | ر.س4.0b | 25.6x | 44.2x | 3.6x |
| Sat, 08 Mar 2025 | ر.س191.8b | ر.س47.3b | ر.س5.0b | 30.6x | 38.5x | 4.1x |
| Mon, 03 Feb 2025 | ر.س212.7b | ر.س47.5b | ر.س5.0b | 32.7x | 42.8x | 4.5x |
| Wed, 01 Jan 2025 | ر.س210.5b | ر.س47.5b | ر.س5.0b | 31.5x | 42.4x | 4.4x |
| Fri, 29 Nov 2024 | ر.س215.5b | ر.س47.6b | ر.س4.9b | 36.1x | 43.6x | 4.5x |
| Sun, 27 Oct 2024 | ر.س226.1b | ر.س44.7b | ر.س3.7b | 40x | 61.6x | 5.1x |
| Tue, 24 Sep 2024 | ر.س180.5b | ر.س44.7b | ر.س3.7b | 40.1x | 49.2x | 4x |
| Thu, 22 Aug 2024 | ر.س180.1b | ر.س44.6b | ر.س3.7b | 39.5x | 49.1x | 4x |
| Sat, 20 Jul 2024 | ر.س192.7b | ر.س43.5b | ر.س2.6b | 34.6x | 73.6x | 4.4x |
| Mon, 17 Jun 2024 | ر.س188.5b | ر.س43.4b | ر.س2.6b | 56.8x | 72.4x | 4.3x |
| Wed, 15 May 2024 | ر.س208.5b | ر.س42.7b | ر.س1.7b | 115.8x | 124.2x | 4.9x |
| Fri, 12 Apr 2024 | ر.س215.8b | ر.س42.3b | ر.س1.7b | 44.6x | 128.4x | 5.1x |
| Sun, 10 Mar 2024 | ر.س206.0b | ر.س42.1b | ر.س1.6b | 38.9x | 125.5x | 4.9x |
| Tue, 06 Feb 2024 | ر.س192.3b | ر.س43.0b | ر.س1.6b | 36.6x | 119.3x | 4.5x |
| Thu, 04 Jan 2024 | ر.س189.4b | ر.س42.8b | ر.س1.5b | 34.7x | 123.1x | 4.4x |
| Sat, 02 Dec 2023 | ر.س161.9b | ر.س42.8b | ر.س1.5b | 31.4x | 105.3x | 3.8x |
| Mon, 30 Oct 2023 | ر.س150.5b | ر.س46.4b | ر.س3.7b | 34x | 40.5x | 3.2x |
| Wed, 27 Sep 2023 | ر.س161.0b | ر.س46.2b | ر.س3.7b | 27.6x | 43.2x | 3.5x |
| Fri, 25 Aug 2023 | ر.س163.5b | ر.س46.2b | ر.س3.7b | 26.7x | 43.9x | 3.5x |
| Sun, 23 Jul 2023 | ر.س174.6b | ر.س50.2b | ر.س7.5b | 26.7x | 23.2x | 3.5x |
| Tue, 20 Jun 2023 | ر.س168.9b | ر.س49.8b | ر.س7.5b | 24.1x | 22.4x | 3.4x |
Price to Earnings Ratio
22.4x
Current Industry PE
- Investors are pessimistic on the Saudi Metals and Mining industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 28.5x which is lower than its 3-year average PE of 58.4x.
- The industry is trading close to its 3-year average PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 6.1% per year over the last three years.
- Revenues for these companies have grown 4.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Materials industry?
| SA Market | 0.11% | |
| Materials | -3.37% | |
| Metals and Mining | -5.94% | |
| Steel | 1.01% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -6.44% | |
Industry PE
- Investors are most optimistic about the Diversified Metals and Mining industry even though it's trading below its 3-year average PE ratio of 59.4x.
- Analysts are expecting annual earnings growth of 8.8%, which is lower than the prior year's growth of 73.5% per year.
- Investors are most pessimistic about the Steel industry, which is trading close to its 3-year average of 16.7x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 8.8% over the next 5 years.
- However this is lower than its past earnings growth rate of 74% per year.
- In contrast, the Steel 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 | |
|---|---|---|---|---|---|
| 1321 East Pipes Integrated Company for Industry | ر.س218.50 | 2.6% +ر.س176.4m | 97.2% | PE12x | |
| 1320 Saudi Steel Pipes | ر.س56.85 | 3.0% +ر.س83.4m | 8.9% | PE14.8x | |
| 2200 Arabian Pipes | ر.س7.81 | 1.7% +ر.س26.0m | 27.4% | PE17.3x | |
| 1304 Al Yamamah Steel Industries | ر.س39.12 | 1.1% +ر.س21.3m | 33.1% | PE16.7x | |
| 9523 Group Five Pipe Saudi | ر.س64.10 | 0.9% +ر.س15.4m | 143.7% | PE12.4x |