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Saudi Arabian (Tadawul) Metals and Mining Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies15
- 7D-1.5%
- 3M13.6%
- 1Y17.0%
- YTD7.4%
The Metals and Mining industry is up 3.6% in the last week, with Arabian Pipes up 4.3%. This takes the industry's 12 month performance to a gain of 21%. Earnings are forecast to grow by 31% 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 |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | ر.س218.1b | ر.س42.2b | ر.س1.7b | 97.1x | 131.4x | 5.2x |
| Fri, 22 Mar 2024 | ر.س216.2b | ر.س42.1b | ر.س1.6b | 43.7x | 131x | 5.1x |
| Sun, 18 Feb 2024 | ر.س206.4b | ر.س43.0b | ر.س1.6b | 39.2x | 128.1x | 4.8x |
| Tue, 16 Jan 2024 | ر.س184.3b | ر.س43.0b | ر.س1.6b | 35.2x | 114.4x | 4.3x |
| Thu, 14 Dec 2023 | ر.س162.5b | ر.س42.8b | ر.س1.5b | 34.6x | 105.6x | 3.8x |
| Sat, 11 Nov 2023 | ر.س152.4b | ر.س42.6b | ر.س1.6b | 39.5x | 96.1x | 3.6x |
| Mon, 09 Oct 2023 | ر.س154.9b | ر.س46.4b | ر.س3.7b | 35.8x | 41.6x | 3.3x |
| Wed, 06 Sep 2023 | ر.س161.8b | ر.س46.2b | ر.س3.7b | 27.7x | 43.4x | 3.5x |
| Fri, 04 Aug 2023 | ر.س174.0b | ر.س50.8b | ر.س7.6b | 24.5x | 23x | 3.4x |
| Sun, 02 Jul 2023 | ر.س170.0b | ر.س49.8b | ر.س7.5b | 24x | 22.6x | 3.4x |
| Tue, 30 May 2023 | ر.س173.4b | ر.س50.4b | ر.س9.3b | 26.3x | 18.6x | 3.4x |
| Thu, 27 Apr 2023 | ر.س184.6b | ر.س50.3b | ر.س9.3b | 21.8x | 19.8x | 3.7x |
| Sat, 25 Mar 2023 | ر.س167.2b | ر.س50.0b | ر.س9.3b | 20.3x | 18x | 3.3x |
| Mon, 20 Feb 2023 | ر.س181.1b | ر.س48.7b | ر.س10.3b | 25.5x | 17.6x | 3.7x |
| Wed, 18 Jan 2023 | ر.س195.2b | ر.س48.7b | ر.س10.3b | 20.8x | 18.9x | 4x |
| Fri, 16 Dec 2022 | ر.س171.7b | ر.س48.6b | ر.س10.4b | 18.3x | 16.4x | 3.5x |
| Sun, 13 Nov 2022 | ر.س188.0b | ر.س48.4b | ر.س10.4b | 21.7x | 18x | 3.9x |
| Tue, 11 Oct 2022 | ر.س187.0b | ر.س44.7b | ر.س9.6b | 22.8x | 19.5x | 4.2x |
| Thu, 08 Sep 2022 | ر.س193.8b | ر.س45.1b | ر.س9.6b | 19.7x | 20.1x | 4.3x |
| Sat, 06 Aug 2022 | ر.س161.6b | ر.س39.2b | ر.س6.8b | 22.5x | 23.8x | 4.1x |
| Mon, 04 Jul 2022 | ر.س137.0b | ر.س39.2b | ر.س6.8b | 19x | 20.2x | 3.5x |
| Wed, 01 Jun 2022 | ر.س171.4b | ر.س39.6b | ر.س7.0b | 22.3x | 24.6x | 4.3x |
| Fri, 29 Apr 2022 | ر.س190.0b | ر.س36.0b | ر.س5.6b | 24.4x | 34x | 5.3x |
| Sun, 27 Mar 2022 | ر.س174.4b | ر.س35.9b | ر.س5.4b | 12.1x | 32x | 4.9x |
| Tue, 22 Feb 2022 | ر.س129.3b | ر.س33.0b | ر.س3.9b | 12.5x | 33x | 3.9x |
| Thu, 20 Jan 2022 | ر.س119.9b | ر.س32.0b | ر.س3.8b | 16.9x | 31.6x | 3.7x |
| Sat, 18 Dec 2021 | ر.س103.8b | ر.س32.0b | ر.س3.8b | 17.2x | 27.4x | 3.2x |
| Mon, 15 Nov 2021 | ر.س104.7b | ر.س31.2b | ر.س3.7b | 20x | 28.1x | 3.4x |
| Wed, 13 Oct 2021 | ر.س110.1b | ر.س29.1b | ر.س2.4b | 19.4x | 45.3x | 3.8x |
| Fri, 10 Sep 2021 | ر.س105.5b | ر.س29.1b | ر.س2.4b | 20.7x | 43.4x | 3.6x |
| Sun, 08 Aug 2021 | ر.س96.8b | ر.س29.7b | ر.س2.5b | 20.3x | 39.1x | 3.3x |
| Sat, 01 May 2021 | ر.س79.6b | ر.س27.3b | ر.س776.7m | 21.3x | 102.5x | 2.9x |
Price to Earnings Ratio
102.5x
Current Industry PE
- Investors are optimistic on the Saudi Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 136x which is higher than its 3-year average PE of 45.7x.
- The 3-year average PS ratio of 3.8x is lower than the industry's current PS ratio of 5.4x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 29% per year over the last three years.
- Revenues for these companies have grown 16% 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 | 0.39% | |
| Materials | -2.55% | |
| Metals and Mining | -1.54% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Steel | -0.78% | |
| Diversified Metals and Mining | -1.61% | |
Industry PE
- Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 85.7%, which is higher than its past year's earnings decline of 64.0% per year.
- Investors are most pessimistic about the Diversified Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 40.3x.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 86% over the next 5 years.
- This is better than its past earnings decline of 64% per year.
- In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 30% 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 | |
|---|---|---|---|---|---|
| 2200 Arabian Pipes | ر.س178.60 | 4.3% +ر.س74.0m | 244.8% | PE13.5x | |
| 9513 Watani Iron Steel | ر.س2.79 | 2.6% +ر.س12.7m | -29.1% | PE119.4x | |
| 1320 Saudi Steel Pipes | ر.س80.00 | 0.3% +ر.س10.1m | 243.3% | PE23.3x | |
| 2220 National Metal Manufacturing and Casting | ر.س18.30 | 1.6% +ر.س9.9m | -4.7% | PS2.8x | |
| 9599 Taqat Mineral Trading | ر.س16.30 | 2.5% +ر.س4.9m | n/a | n/a |
