Narrative Update • Jun 01
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- 7D1.9%
- 3M-9.5%
- 1Y25.2%
- YTD4.7%
Over the last 7 days, the Metals and Mining industry has risen 1.7%, driven by gains from Saudi Arabian Mining Company (Maaden) of 2.4%. During this same period, the Molan Steel underperformed, falling 7.4%. This takes the industry's 12 month performance to a gain of 25%. As for the next few years, earnings are expected to grow by 8.3% 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 |
|---|---|---|---|---|---|---|
| Fri, 05 Jun 2026 | ر.س274.2b | ر.س57.4b | ر.س9.0b | 17.2x | 30.5x | 4.8x |
| Sun, 03 May 2026 | ر.س281.8b | ر.س57.1b | ر.س8.8b | 20.8x | 32x | 4.9x |
| Tue, 31 Mar 2026 | ر.س274.4b | ر.س57.3b | ر.س8.8b | 20.1x | 31.2x | 4.8x |
| Thu, 26 Feb 2026 | ر.س302.1b | ر.س56.0b | ر.س7.0b | 25.1x | 43.1x | 5.4x |
| Sat, 24 Jan 2026 | ر.س306.3b | ر.س55.3b | ر.س6.8b | 33x | 45x | 5.5x |
| Mon, 22 Dec 2025 | ر.س257.8b | ر.س55.4b | ر.س6.8b | 31x | 37.9x | 4.7x |
| Wed, 19 Nov 2025 | ر.س256.6b | ر.س55.4b | ر.س6.8b | 33.6x | 37.8x | 4.6x |
| Fri, 17 Oct 2025 | ر.س282.9b | ر.س53.6b | ر.س5.5b | 31.3x | 51.3x | 5.3x |
| Sun, 14 Sep 2025 | ر.س232.1b | ر.س53.6b | ر.س5.5b | 29.1x | 42.1x | 4.3x |
| Tue, 12 Aug 2025 | ر.س225.3b | ر.س51.2b | ر.س4.6b | 25.8x | 49.1x | 4.4x |
| Thu, 10 Jul 2025 | ر.س236.8b | ر.س51.3b | ر.س4.6b | 27.1x | 51.9x | 4.6x |
| Sat, 07 Jun 2025 | ر.س212.9b | ر.س50.7b | ر.س4.5b | 24.6x | 47x | 4.2x |
| Mon, 05 May 2025 | ر.س204.5b | ر.س49.8b | ر.س4.1b | 24.8x | 50.1x | 4.1x |
| Wed, 02 Apr 2025 | ر.س199.3b | ر.س49.6b | ر.س4.0b | 36.7x | 49.4x | 4x |
| Fri, 28 Feb 2025 | ر.س198.7b | ر.س47.5b | ر.س5.0b | 33.4x | 39.7x | 4.2x |
| Sun, 26 Jan 2025 | ر.س214.6b | ر.س47.5b | ر.س5.0b | 33x | 43.2x | 4.5x |
| Tue, 24 Dec 2024 | ر.س206.8b | ر.س47.6b | ر.س4.9b | 38.2x | 41.9x | 4.3x |
| Thu, 21 Nov 2024 | ر.س221.8b | ر.س47.5b | ر.س4.9b | 35.9x | 45.1x | 4.7x |
| Sat, 19 Oct 2024 | ر.س213.8b | ر.س44.7b | ر.س3.7b | 40.3x | 58.2x | 4.8x |
| Mon, 16 Sep 2024 | ر.س169.9b | ر.س44.7b | ر.س3.7b | 39.2x | 46.3x | 3.8x |
| Wed, 14 Aug 2024 | ر.س175.1b | ر.س44.3b | ر.س2.9b | 33.6x | 59.5x | 4x |
| Fri, 12 Jul 2024 | ر.س186.3b | ر.س43.4b | ر.س2.6b | 35.7x | 71.5x | 4.3x |
| Sun, 09 Jun 2024 | ر.س184.2b | ر.س42.7b | ر.س2.5b | 75.7x | 73.2x | 4.3x |
| Tue, 07 May 2024 | ر.س206.6b | ر.س42.2b | ر.س1.6b | 116.5x | 125.8x | 4.9x |
| Thu, 04 Apr 2024 | ر.س211.7b | ر.س42.1b | ر.س1.7b | 38.7x | 128.2x | 5x |
| Sat, 02 Mar 2024 | ر.س204.4b | ر.س43.2b | ر.س1.7b | 38.6x | 118.7x | 4.7x |
| Mon, 29 Jan 2024 | ر.س191.9b | ر.س43.0b | ر.س1.6b | 37.5x | 119.1x | 4.5x |
| Wed, 27 Dec 2023 | ر.س176.8b | ر.س42.8b | ر.س1.5b | 34.5x | 114.9x | 4.1x |
| Fri, 24 Nov 2023 | ر.س159.7b | ر.س42.8b | ر.س1.5b | 31.3x | 103.8x | 3.7x |
| Sun, 22 Oct 2023 | ر.س159.8b | ر.س46.4b | ر.س3.7b | 35.8x | 43x | 3.4x |
| Tue, 19 Sep 2023 | ر.س156.2b | ر.س46.2b | ر.س3.7b | 27.7x | 41.9x | 3.4x |
| Thu, 17 Aug 2023 | ر.س164.7b | ر.س46.0b | ر.س3.7b | 27.9x | 44.4x | 3.6x |
| Sat, 15 Jul 2023 | ر.س178.7b | ر.س50.2b | ر.س7.5b | 27.9x | 23.7x | 3.6x |
| Mon, 12 Jun 2023 | ر.س176.2b | ر.س49.8b | ر.س7.5b | 24.4x | 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 30.3x which is lower than its 3-year average PE of 58.3x.
- 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 | -1.74% | |
| Materials | -0.61% | |
| Metals and Mining | 1.87% | |
| Steel | 5.62% | |
| Diversified Metals and Mining | 1.61% | |
| 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 59.3x.
- Analysts are expecting annual earnings growth of 8.8%, 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 close to its 3-year average of 16.2x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 8.8% 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.س63.65 | 2.4% +ر.س5.8b | 26.3% | PE33.2x | |
| 1321 East Pipes Integrated Company for Industry | ر.س212.90 | 8.7% +ر.س535.5m | 82.9% | PE11.7x | |
| 1322 Al Masane Al Kobra Mining | ر.س76.90 | 4.5% +ر.س296.8m | 29.0% | PE24.2x | |
| 2200 Arabian Pipes | ر.س7.63 | 10.6% +ر.س146.0m | 13.7% | PE16.9x | |
| 2240 Advanced Building Industries | ر.س35.84 | 6.1% +ر.س123.6m | -6.9% | PE19.9x |