Analysis Article • May 06
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- 7D-3.2%
- 3M-7.6%
- 1Y12.3%
- YTD-0.8%
Over the last 7 days, the Metals and Mining industry has dropped 3.2%, driven by a pullback from Saudi Arabian Mining Company (Maaden) of 3.2%. This takes the industry's 12 month performance to a gain of 12%. As for the next few years, earnings are expected to grow by 10.0% 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 |
|---|---|---|---|---|---|---|
| Thu, 02 Jul 2026 | ر.س256.6b | ر.س57.3b | ر.س9.0b | 17.9x | 28.5x | 4.5x |
| Sat, 30 May 2026 | ر.س267.0b | ر.س57.1b | ر.س8.9b | 16.7x | 30x | 4.7x |
| Mon, 27 Apr 2026 | ر.س286.7b | ر.س57.1b | ر.س8.8b | 20.5x | 32.6x | 5x |
| Wed, 25 Mar 2026 | ر.س278.6b | ر.س56.8b | ر.س8.8b | 21.6x | 31.6x | 4.9x |
| Fri, 20 Feb 2026 | ر.س299.5b | ر.س56.0b | ر.س7.0b | 25.7x | 42.7x | 5.3x |
| Sun, 18 Jan 2026 | ر.س301.1b | ر.س55.3b | ر.س6.8b | 30.9x | 44.2x | 5.4x |
| Tue, 16 Dec 2025 | ر.س248.5b | ر.س55.4b | ر.س6.8b | 30.1x | 36.5x | 4.5x |
| Thu, 13 Nov 2025 | ر.س260.6b | ر.س53.2b | ر.س5.5b | 32.5x | 47.2x | 4.9x |
| Sat, 11 Oct 2025 | ر.س284.9b | ر.س53.6b | ر.س5.5b | 30.9x | 51.7x | 5.3x |
| Mon, 08 Sep 2025 | ر.س229.4b | ر.س53.5b | ر.س5.5b | 30.6x | 41.6x | 4.3x |
| Wed, 06 Aug 2025 | ر.س226.0b | ر.س51.2b | ر.س4.6b | 27.5x | 49.6x | 4.4x |
| Fri, 04 Jul 2025 | ر.س229.4b | ر.س51.3b | ر.س4.6b | 27x | 50.3x | 4.5x |
| Sun, 01 Jun 2025 | ر.س215.6b | ر.س50.7b | ر.س4.5b | 24.4x | 47.5x | 4.2x |
| Tue, 29 Apr 2025 | ر.س205.3b | ر.س49.7b | ر.س4.0b | 31.6x | 50.8x | 4.1x |
| Thu, 27 Mar 2025 | ر.س193.3b | ر.س49.1b | ر.س3.9b | 32.8x | 49x | 3.9x |
| Sat, 22 Feb 2025 | ر.س212.7b | ر.س47.3b | ر.س5.0b | 37.1x | 42.8x | 4.5x |
| Mon, 20 Jan 2025 | ر.س212.0b | ر.س47.5b | ر.س5.0b | 33.2x | 42.7x | 4.5x |
| Wed, 18 Dec 2024 | ر.س214.1b | ر.س47.6b | ر.س4.9b | 38.5x | 43.3x | 4.5x |
| Fri, 15 Nov 2024 | ر.س221.6b | ر.س47.4b | ر.س4.9b | 36.3x | 45.1x | 4.7x |
| Sun, 13 Oct 2024 | ر.س206.0b | ر.س44.7b | ر.س3.7b | 38.8x | 56.1x | 4.6x |
| Tue, 10 Sep 2024 | ر.س174.8b | ر.س44.7b | ر.س3.7b | 40.1x | 47.6x | 3.9x |
| Thu, 08 Aug 2024 | ر.س174.7b | ر.س43.6b | ر.س2.6b | 34.4x | 66.2x | 4x |
| Sat, 06 Jul 2024 | ر.س182.0b | ر.س43.4b | ر.س2.6b | 37.3x | 69.8x | 4.2x |
| Mon, 03 Jun 2024 | ر.س192.7b | ر.س42.4b | ر.س2.4b | 77.6x | 81.2x | 4.5x |
| Wed, 01 May 2024 | ر.س209.1b | ر.س42.2b | ر.س1.7b | 96.8x | 126x | 5x |
| Fri, 29 Mar 2024 | ر.س207.0b | ر.س42.1b | ر.س1.6b | 39.6x | 125.5x | 4.9x |
| Sun, 25 Feb 2024 | ر.س205.1b | ر.س43.1b | ر.س1.7b | 41.1x | 121.9x | 4.8x |
| Tue, 23 Jan 2024 | ر.س189.5b | ر.س43.0b | ر.س1.6b | 35.8x | 117.6x | 4.4x |
| Thu, 21 Dec 2023 | ر.س169.9b | ر.س42.8b | ر.س1.5b | 36x | 110.5x | 4x |
| Sat, 18 Nov 2023 | ر.س160.8b | ر.س42.8b | ر.س1.5b | 31.8x | 104.5x | 3.8x |
| Mon, 16 Oct 2023 | ر.س160.3b | ر.س46.4b | ر.س3.7b | 35.9x | 43.1x | 3.5x |
| Wed, 13 Sep 2023 | ر.س158.7b | ر.س46.2b | ر.س3.7b | 27.7x | 42.6x | 3.4x |
| Fri, 11 Aug 2023 | ر.س167.7b | ر.س50.6b | ر.س7.5b | 26.9x | 22.3x | 3.3x |
| Sun, 09 Jul 2023 | ر.س175.7b | ر.س49.8b | ر.س7.5b | 24.8x | 23.4x | 3.5x |
Price to Earnings Ratio
23.4x
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 58.5x.
- 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 | -1.07% | |
| Materials | -2.19% | |
| Metals and Mining | -3.15% | |
| Aluminum | 0% | 0 |
| Steel | -2.29% | |
| Diversified Metals and Mining | -3.24% | |
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 59.6x.
- Analysts are expecting annual earnings growth of 10.5%, 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 below its 3-year average of 18.0x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 11% 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 | |
|---|---|---|---|---|---|
| 1304 Al Yamamah Steel Industries | ر.س41.60 | 1.5% +ر.س30.5m | 30.0% | PE17.7x | |
| 1301 United Wire Factories | ر.س16.86 | 4.4% +ر.س19.9m | -28.3% | PE100x | |
| 2220 National Metal Manufacturing and Casting | ر.س12.67 | 3.2% +ر.س13.8m | -23.5% | PS2x | |
| 9513 Watani Iron Steel | ر.س2.07 | 3.5% +ر.س12.7m | -1.9% | PS0.9x | |
| 9563 BENA Steel Industries | ر.س34.80 | 5.8% +ر.س11.4m | -13.0% | PE341.6x |