Saudi Arabian Mining Company (Ma'aden) (TADAWUL:1211) Might Have The Makings Of A Multi-Bagger
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Saudi Arabian (Tadawul) Metals and Mining Industry Analysis
UpdatedDec 05, 2021
DataAggregated Company Financials
Companies8
- 7D-2.3%
- 3M-2.4%
- 1Y63.3%
- YTD72.2%
Over the last 7 days, the Metals and Mining industry has dropped 2.3%, driven by pullbacks from every company within the industry. This takes the industry's 12 month performance to a gain of 63%.
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 |
|---|---|---|---|---|
| Mon, 06 Dec 2021 | ر.س98.9b | ر.س32.1b | ر.س3.8b | 15.7x |
| Wed, 03 Nov 2021 | ر.س107.9b | ر.س31.2b | ر.س3.7b | n/a |
| Fri, 01 Oct 2021 | ر.س112.6b | ر.س29.1b | ر.س2.4b | 20.5x |
| Sun, 29 Aug 2021 | ر.س96.4b | ر.س29.7b | ر.س2.5b | 19.9x |
| Mon, 05 Jul 2021 | ر.س88.7b | ر.س29.7b | ر.س2.5b | 20.3x |
| Thu, 08 Apr 2021 | ر.س79.2b | ر.س27.3b | ر.س776.7m | 22x |
| Sun, 10 Jan 2021 | ر.س56.9b | ر.س25.7b | -ر.س459,939,334.00 | 17.3x |
| Sat, 03 Oct 2020 | ر.س57.7b | ر.س25.1b | -ر.س1,175,265,587.00 | 23.5x |
| Tue, 07 Jul 2020 | ر.س47.2b | ر.س24.8b | -ر.س1,376,322,980.00 | 79.1x |
| Fri, 10 Apr 2020 | ر.س41.9b | ر.س25.5b | -ر.س1,141,243,444.00 | 80.2x |
| Thu, 02 Jan 2020 | ر.س59.4b | ر.س25.3b | -ر.س913,260,741.00 | 25.7x |
| Sun, 06 Oct 2019 | ر.س57.7b | ر.س24.4b | -ر.س620,450,001.00 | 75.3x |
| Wed, 10 Jul 2019 | ر.س61.3b | ر.س23.4b | -ر.س107,353,724.00 | 127.5x |
| Tue, 02 Apr 2019 | ر.س69.0b | ر.س22.5b | ر.س628.2m | 75.6x |
| Fri, 04 Jan 2019 | ر.س61.8b | ر.س21.6b | ر.س1.4b | 87.5x |
PE Ratio
87.5x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 15.7x which is lower than its 3-year average PE of 57.3x. Given that earnings are expected to decline by 2.3%, the lower than average PE seems justified.
Past Earnings Growth: The earnings for companies in the Metals and Mining industry have grown 38% per year over the last three years, and revenues for these companies have grown 14% 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 Metals and Mining industry?
| Diversified Metals and Mining | -2.00% | |
| Steel | -6.30% | |
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 70.1x. However analysts are expecting annual earnings decline of 0 so the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Steel industry, which is trading below its 3-year average of 54.4x.
Forecasted Growth: Despite it being negative, analysts are least pessimistic on the Diversified Metals and Mining industry since they expect its earnings to decline by only 1.8% per year over the next 5 years, which isn't as bad as the other industries. Meanwhile, the Steel industry is expected to see its earnings decline by 27% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 1211 Saudi Arabian Mining Company (Ma'aden) | 4.9%+ر.س4.3b | 77.6% | PE24.8x | |
| 2240 Zamil Industrial Investment | 9.1%+ر.س147.0m | 39.3% | PS0.5x | |
| 1320 Saudi Steel Pipes | 6.9%+ر.س85.9m | -6.8% | PS2.9x | |
| 1301 United Wire Factories | 7.8%+ر.س77.2m | -8.4% | PE19.3x | |
| 1304 Al-Yamamah Steel Industries | 3.6%+ر.س73.7m | 64.1% | PE10.9x |