Analysis Article • May 08
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- 7D-1.4%
- 3M-7.9%
- 1Y29.1%
- YTD9.5%
Over the last 7 days, the Metals and Mining industry has dropped 1.4%, driven by declines in East Pipes Integrated Company for Industry and Advanced Building Industries of 5.4% and 13%, respectively. On the other hand Saudi Arabian Mining Company (Maaden) is actually up 5.2%. This takes the industry's 12 month performance to a gain of 29%. Earnings are forecast to grow by 9.8% 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 |
|---|---|---|---|---|---|---|
| Tue, 12 May 2026 | ر.س283.0b | ر.س57.3b | ر.س8.9b | 19.9x | 31.9x | 4.9x |
| Thu, 09 Apr 2026 | ر.س298.3b | ر.س57.2b | ر.س8.8b | 19.7x | 33.9x | 5.2x |
| Sat, 07 Mar 2026 | ر.س300.6b | ر.س56.2b | ر.س7.1b | 25.7x | 42.2x | 5.4x |
| Mon, 02 Feb 2026 | ر.س297.6b | ر.س55.9b | ر.س6.9b | 32.8x | 43x | 5.3x |
| Wed, 31 Dec 2025 | ر.س258.7b | ر.س55.4b | ر.س6.8b | 31.1x | 38x | 4.7x |
| Fri, 28 Nov 2025 | ر.س259.7b | ر.س55.4b | ر.س6.8b | 31.8x | 38.2x | 4.7x |
| Sun, 26 Oct 2025 | ر.س272.8b | ر.س53.6b | ر.س5.5b | 31.5x | 49.5x | 5.1x |
| Tue, 23 Sep 2025 | ر.س251.3b | ر.س53.6b | ر.س5.5b | 30.7x | 45.6x | 4.7x |
| Thu, 21 Aug 2025 | ر.س226.4b | ر.س53.6b | ر.س5.5b | 30x | 41x | 4.2x |
| Sat, 19 Jul 2025 | ر.س236.3b | ر.س51.3b | ر.س4.6b | 27.4x | 51.8x | 4.6x |
| Mon, 16 Jun 2025 | ر.س211.7b | ر.س51.2b | ر.س4.6b | 22.5x | 46.4x | 4.1x |
| Wed, 14 May 2025 | ر.س218.8b | ر.س49.7b | ر.س4.1b | 24.6x | 53.7x | 4.4x |
| Fri, 11 Apr 2025 | ر.س182.8b | ر.س49.7b | ر.س4.0b | 26.4x | 45.2x | 3.7x |
| Sun, 09 Mar 2025 | ر.س191.8b | ر.س47.3b | ر.س5.0b | 30.6x | 38.5x | 4.1x |
| Tue, 04 Feb 2025 | ر.س211.7b | ر.س47.5b | ر.س5.0b | 32.2x | 42.6x | 4.5x |
| Thu, 02 Jan 2025 | ر.س210.5b | ر.س47.5b | ر.س5.0b | 31.7x | 42.4x | 4.4x |
| Sat, 30 Nov 2024 | ر.س215.5b | ر.س47.6b | ر.س4.9b | 36.1x | 43.6x | 4.5x |
| Mon, 28 Oct 2024 | ر.س226.1b | ر.س44.7b | ر.س3.7b | 40.9x | 61.6x | 5.1x |
| Wed, 25 Sep 2024 | ر.س187.8b | ر.س44.7b | ر.س3.7b | 41.1x | 51.1x | 4.2x |
| Fri, 23 Aug 2024 | ر.س182.4b | ر.س44.6b | ر.س3.7b | 39.6x | 49.7x | 4.1x |
| Sun, 21 Jul 2024 | ر.س192.7b | ر.س43.5b | ر.س2.6b | 34.6x | 73.6x | 4.4x |
| Tue, 18 Jun 2024 | ر.س188.5b | ر.س43.4b | ر.س2.6b | 37.2x | 72.4x | 4.3x |
| Thu, 16 May 2024 | ر.س205.6b | ر.س42.7b | ر.س1.7b | 115.2x | 122.4x | 4.8x |
| Sat, 13 Apr 2024 | ر.س215.8b | ر.س42.3b | ر.س1.7b | 44.6x | 128.4x | 5.1x |
| Mon, 11 Mar 2024 | ر.س206.0b | ر.س42.1b | ر.س1.6b | 39.4x | 125.5x | 4.9x |
| Wed, 07 Feb 2024 | ر.س192.2b | ر.س43.0b | ر.س1.6b | 36.5x | 119.3x | 4.5x |
| Fri, 05 Jan 2024 | ر.س193.4b | ر.س43.0b | ر.س1.6b | 34.9x | 120x | 4.5x |
| Sun, 03 Dec 2023 | ر.س161.9b | ر.س42.8b | ر.س1.5b | 31.4x | 105.3x | 3.8x |
| Tue, 31 Oct 2023 | ر.س151.1b | ر.س46.4b | ر.س3.7b | 34.3x | 40.6x | 3.3x |
| Thu, 28 Sep 2023 | ر.س161.8b | ر.س46.2b | ر.س3.7b | 27.8x | 43.4x | 3.5x |
| Sat, 26 Aug 2023 | ر.س163.7b | ر.س46.2b | ر.س3.7b | 26.7x | 43.9x | 3.5x |
| Mon, 24 Jul 2023 | ر.س174.6b | ر.س50.2b | ر.س7.5b | 26.6x | 23.2x | 3.5x |
| Wed, 21 Jun 2023 | ر.س168.1b | ر.س49.8b | ر.س7.5b | 24.1x | 22.3x | 3.4x |
| Fri, 19 May 2023 | ر.س183.3b | ر.س50.3b | ر.س9.3b | 22.7x | 19.7x | 3.6x |
Price to Earnings Ratio
19.7x
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 31.9x which is lower than its 3-year average PE of 58.1x.
- The 3-year average PS ratio of 4.4x is lower than the industry's current PS ratio of 4.9x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.4% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Materials industry?
| SA Market | -0.40% | |
| Materials | -2.16% | |
| Metals and Mining | -1.37% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -1.13% | |
| Steel | -4.73% | |
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 59.0x.
- Analysts are expecting annual earnings growth of 10.2%, which is lower than the prior year's growth of 73.5% per year.
- Investors are most pessimistic about the Steel industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.4x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 10% 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 | |
|---|---|---|---|---|---|
| 1211 Saudi Arabian Mining Company (Maaden) | ر.س65.95 | 3.8% +ر.س9.3b | 29.3% | PE34.4x | |
| 1322 Al Masane Al Kobra Mining | ر.س80.25 | 3.9% +ر.س269.8m | 35.1% | PE25.3x | |
| 9513 Watani Iron Steel | ر.س2.02 | 4.1% +ر.س14.5m | -3.3% | PS0.9x | |
| 4143 Al Taiseer Group TALCO Industrial | ر.س35.86 | 0.1% +ر.س1.6m | -20.4% | PE17x |