Analysis Article • Aug 25
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- 7D4.2%
- 3M11.2%
- 1Y32.4%
- YTD14.3%
Over the last 7 days, the Metals and Mining industry has risen 4.2%, driven by gains from Saudi Arabian Mining Company (Maaden) of 4.3%. Meanwhile, Watani Iron Steel actually underperformed within the industry, shrinking 8.6% in the last week. This takes the industry's 12 month performance to a gain of 32%. As for the next few years, earnings are expected to grow by 9.5% per annum.
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, 29 Aug 2026 | ر.س296.8b | ر.س59.0b | ر.س9.3b | 17.3x | 32x | 5x |
| Mon, 27 Jul 2026 | ر.س250.4b | ر.س57.3b | ر.س9.0b | 16.1x | 27.8x | 4.4x |
| Wed, 24 Jun 2026 | ر.س271.1b | ر.س57.4b | ر.س9.0b | 17.9x | 30.2x | 4.7x |
| Fri, 22 May 2026 | ر.س264.6b | ر.س57.1b | ر.س8.9b | 16.7x | 29.7x | 4.6x |
| Sun, 19 Apr 2026 | ر.س304.2b | ر.س57.1b | ر.س8.8b | 20.4x | 34.5x | 5.3x |
| Tue, 17 Mar 2026 | ر.س291.0b | ر.س56.8b | ر.س8.9b | 21.4x | 32.8x | 5.1x |
| Thu, 12 Feb 2026 | ر.س311.5b | ر.س56.0b | ر.س7.0b | 27.2x | 44.5x | 5.6x |
| Sat, 10 Jan 2026 | ر.س270.7b | ر.س55.3b | ر.س6.8b | 31.5x | 39.7x | 4.9x |
| Mon, 08 Dec 2025 | ر.س251.7b | ر.س55.4b | ر.س6.8b | 28.9x | 37x | 4.5x |
| Wed, 05 Nov 2025 | ر.س263.6b | ر.س53.6b | ر.س5.5b | 33.1x | 47.6x | 4.9x |
| Fri, 03 Oct 2025 | ر.س273.8b | ر.س53.6b | ر.س5.5b | 31.1x | 49.7x | 5.1x |
| Sun, 31 Aug 2025 | ر.س224.1b | ر.س53.6b | ر.س5.5b | 30.6x | 40.6x | 4.2x |
| Tue, 29 Jul 2025 | ر.س225.3b | ر.س51.3b | ر.س4.6b | 28.5x | 49.4x | 4.4x |
| Thu, 26 Jun 2025 | ر.س212.7b | ر.س51.2b | ر.س4.6b | 22.5x | 46.6x | 4.2x |
| Sat, 24 May 2025 | ر.س218.5b | ر.س51.1b | ر.س4.6b | 23.7x | 47.2x | 4.3x |
| Mon, 21 Apr 2025 | ر.س191.7b | ر.س49.7b | ر.س4.0b | 28.7x | 47.5x | 3.9x |
| Wed, 19 Mar 2025 | ر.س199.4b | ر.س49.3b | ر.س4.0b | 30.4x | 50x | 4x |
| Fri, 14 Feb 2025 | ر.س213.4b | ر.س47.5b | ر.س5.0b | 31.7x | 42.7x | 4.5x |
| Sun, 12 Jan 2025 | ر.س203.4b | ر.س47.5b | ر.س5.0b | 32.4x | 40.9x | 4.3x |
| Tue, 10 Dec 2024 | ر.س217.7b | ر.س47.6b | ر.س4.9b | 37.9x | 44.1x | 4.6x |
| Thu, 07 Nov 2024 | ر.س233.6b | ر.س44.8b | ر.س3.7b | 39.2x | 63.7x | 5.2x |
| Sat, 05 Oct 2024 | ر.س210.0b | ر.س44.7b | ر.س3.7b | 40.2x | 57.2x | 4.7x |
| Mon, 02 Sep 2024 | ر.س182.1b | ر.س44.6b | ر.س3.7b | 40.8x | 49.6x | 4.1x |
| Wed, 31 Jul 2024 | ر.س185.9b | ر.س43.5b | ر.س2.6b | 36.9x | 71x | 4.3x |
| Fri, 28 Jun 2024 | ر.س184.4b | ر.س43.4b | ر.س2.6b | 37.1x | 70.8x | 4.3x |
| Sun, 26 May 2024 | ر.س206.8b | ر.س42.4b | ر.س2.4b | 86.1x | 87x | 4.9x |
| Tue, 23 Apr 2024 | ر.س226.4b | ر.س42.2b | ر.س1.7b | 101.7x | 136.5x | 5.4x |
| Thu, 21 Mar 2024 | ر.س214.4b | ر.س42.1b | ر.س1.6b | 45x | 130x | 5.1x |
| Sat, 17 Feb 2024 | ر.س206.4b | ر.س43.0b | ر.س1.6b | 39.2x | 128.1x | 4.8x |
| Mon, 15 Jan 2024 | ر.س184.0b | ر.س43.0b | ر.س1.6b | 34.5x | 114.2x | 4.3x |
| Wed, 13 Dec 2023 | ر.س161.0b | ر.س42.8b | ر.س1.5b | 34.3x | 104.7x | 3.8x |
| Fri, 10 Nov 2023 | ر.س152.4b | ر.س42.7b | ر.س1.6b | 39.5x | 96.9x | 3.6x |
| Sun, 08 Oct 2023 | ر.س154.9b | ر.س46.4b | ر.س3.7b | 36x | 41.6x | 3.3x |
| Tue, 05 Sep 2023 | ر.س162.8b | ر.س46.2b | ر.س3.7b | 27.7x | 43.7x | 3.5x |
Price to Earnings Ratio
43.7x
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 58.6x.
- The 3-year average PS ratio of 4.5x is lower than the industry's current PS ratio of 5.0x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 8.5% 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 | 0.26% | |
| Materials | 3.05% | |
| Metals and Mining | 4.23% | |
| Diversified Metals and Mining | 4.31% | |
| Steel | 3.32% | |
| Aluminum | 0% | 0 |
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 59.9x.
- Analysts are expecting annual earnings growth of 9.7%, which is lower than the prior year's growth of 42.5% per year.
- Investors are most pessimistic about the Steel industry, which is trading below its 3-year average of 22.4x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 9.7% over the next 5 years.
- However this is lower than its past earnings growth rate of 42% per year.
- In contrast, the Steel industry is expected to see its earnings grow by 4.0% per year 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.س69.70 | 4.3% +ر.س11.3b | 33.5% | PE35.2x | |
| 1322 Al Masane Al Kobra Mining | ر.س88.00 | 3.3% +ر.س256.3m | 42.7% | PE32x | |
| 1320 Saudi Steel Pipes | ر.س52.35 | 10.7% +ر.س255.2m | 5.6% | PE17.3x | |
| 2240 Advanced Building Industries | ر.س28.40 | 8.1% +ر.س128.4m | -20.0% | PE15.7x | |
| 9523 Group Five Pipe Saudi | ر.س55.65 | 4.2% +ر.س63.0m | 32.1% | PE10.8x |