We Like The Quality Of Riyadh Steel's (TADAWUL:9588) Earnings
Apr 02
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- 7D6.1%
- 3M3.6%
- 1Y53.9%
- YTD14.3%
In the last week, the Metals and Mining industry is up 6.8%, with Saudi Arabian Mining Company (Maaden) up 6.3%. This takes the industry's 12 month performance to a gain of 58%. As for the next few years, earnings are expected to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Mon, 13 Apr 2026 | ر.س297.8b | ر.س57.3b | ر.س8.8b | 20x | 33.9x | 5.2x |
| Wed, 11 Mar 2026 | ر.س293.7b | ر.س56.2b | ر.س7.1b | 25.4x | 41.2x | 5.2x |
| Fri, 06 Feb 2026 | ر.س307.7b | ر.س56.0b | ر.س7.0b | 32.3x | 44.1x | 5.5x |
| Sun, 04 Jan 2026 | ر.س259.7b | ر.س55.3b | ر.س6.8b | 27.6x | 38.1x | 4.7x |
| Tue, 02 Dec 2025 | ر.س255.3b | ر.س55.4b | ر.س6.8b | 30.9x | 37.6x | 4.6x |
| Thu, 30 Oct 2025 | ر.س272.4b | ر.س53.6b | ر.س5.5b | 33.4x | 49.4x | 5.1x |
| Sat, 27 Sep 2025 | ر.س259.9b | ر.س53.6b | ر.س5.5b | 30.4x | 47.1x | 4.9x |
| Mon, 25 Aug 2025 | ر.س226.1b | ر.س53.6b | ر.س5.5b | 31.3x | 41x | 4.2x |
| Wed, 23 Jul 2025 | ر.س230.2b | ر.س51.3b | ر.س4.6b | 27.7x | 50.5x | 4.5x |
| Fri, 20 Jun 2025 | ر.س200.5b | ر.س51.2b | ر.س4.6b | 22.5x | 43.9x | 3.9x |
| Sun, 18 May 2025 | ر.س217.3b | ر.س51.1b | ر.س4.6b | 24.1x | 46.9x | 4.3x |
| Tue, 15 Apr 2025 | ر.س189.2b | ر.س49.7b | ر.س4.0b | 27.6x | 46.8x | 3.8x |
| Thu, 13 Mar 2025 | ر.س190.0b | ر.س47.4b | ر.س5.0b | 30.3x | 38.1x | 4x |
| Sat, 08 Feb 2025 | ر.س216.9b | ر.س47.5b | ر.س5.0b | 32.3x | 43.7x | 4.6x |
| Mon, 06 Jan 2025 | ر.س205.2b | ر.س47.5b | ر.س5.0b | 32.5x | 41.3x | 4.3x |
| Wed, 04 Dec 2024 | ر.س216.8b | ر.س47.6b | ر.س4.9b | 37.3x | 43.9x | 4.6x |
| Fri, 01 Nov 2024 | ر.س234.7b | ر.س44.8b | ر.س3.7b | 40.6x | 63.9x | 5.2x |
| Sun, 29 Sep 2024 | ر.س199.2b | ر.س44.7b | ر.س3.7b | 41x | 54.3x | 4.5x |
| Tue, 27 Aug 2024 | ر.س180.8b | ر.س44.6b | ر.س3.7b | 39.7x | 49.3x | 4.1x |
| Thu, 25 Jul 2024 | ر.س186.5b | ر.س43.5b | ر.س2.6b | 36.9x | 71.2x | 4.3x |
| Sat, 22 Jun 2024 | ر.س188.5b | ر.س43.4b | ر.س2.6b | 37.2x | 72.4x | 4.3x |
| Mon, 20 May 2024 | ر.س207.3b | ر.س42.0b | ر.س2.2b | 86x | 92.5x | 4.9x |
| Wed, 17 Apr 2024 | ر.س217.2b | ر.س42.2b | ر.س1.7b | 102.5x | 130.9x | 5.1x |
| Fri, 15 Mar 2024 | ر.س217.1b | ر.س42.2b | ر.س1.7b | 38.8x | 130.3x | 5.1x |
| Sun, 11 Feb 2024 | ر.س199.2b | ر.س43.0b | ر.س1.6b | 36.7x | 123.6x | 4.6x |
| Tue, 09 Jan 2024 | ر.س190.4b | ر.س43.0b | ر.س1.6b | 34.9x | 118.2x | 4.4x |
| Thu, 07 Dec 2023 | ر.س161.6b | ر.س42.8b | ر.س1.5b | 32.7x | 105x | 3.8x |
| Sat, 04 Nov 2023 | ر.س149.3b | ر.س46.4b | ر.س3.7b | 34.6x | 40.1x | 3.2x |
| Mon, 02 Oct 2023 | ر.س164.1b | ر.س46.3b | ر.س3.7b | 27.9x | 44x | 3.5x |
| Wed, 30 Aug 2023 | ر.س162.8b | ر.س46.2b | ر.س3.7b | 27.4x | 43.7x | 3.5x |
| Fri, 28 Jul 2023 | ر.س177.6b | ر.س50.8b | ر.س7.6b | 23.9x | 23.4x | 3.5x |
| Sun, 25 Jun 2023 | ر.س170.0b | ر.س49.8b | ر.س7.5b | 24x | 22.6x | 3.4x |
| Tue, 23 May 2023 | ر.س181.9b | ر.س50.3b | ر.س9.3b | 26.3x | 19.6x | 3.6x |
| Thu, 20 Apr 2023 | ر.س183.2b | ر.س50.3b | ر.س9.3b | 21.4x | 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 33.9x which is lower than its 3-year average PE of 57.7x.
- The 3-year average PS ratio of 4.3x is lower than the industry's current PS ratio of 5.2x.
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 | -0.64% | |
| Materials | 2.53% | |
| Metals and Mining | 6.10% | |
| Diversified Metals and Mining | 6.32% | |
| Steel | 3.15% | |
| 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 58.5x.
- Analysts are expecting annual earnings growth of 11.8%, which is lower than the prior year's growth of 106.8% 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 12.4x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 107% 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.س72.15 | 8.2% +ر.س21.2b | 60.5% | PE38.1x | |
| 1322 Al Masane Al Kobra Mining | ر.س90.55 | 4.7% +ر.س364.2m | 66.1% | PE29x | |
| 1321 East Pipes Integrated Company for Industry | ر.س180.50 | 6.5% +ر.س346.5m | 30.6% | PE11.5x | |
| 9523 Group Five Pipe Saudi | ر.س47.68 | 6.3% +ر.س79.0m | 32.4% | PE9.2x | |
| 1304 Al Yamamah Steel Industries | ر.س38.56 | 4.1% +ر.س77.2m | 15.4% | PE21.1x |
