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Saudi Arabian (Tadawul) Steel Industry Analysis
UpdatedSep 04, 2026
DataAggregated Company Financials
Companies12
- 7D4.3%
- 3M-5.6%
- 1Y26.4%
- YTDn/a
The Steel industry is up 4.1% in the last week, with East Pipes Integrated Company for Industry up 9.3%. This takes the industry's 12 month performance to a gain of 26%. As for the next few years, earnings are expected to grow by 3.9% per annum.
Industry Valuation and Performance
Has the Saudi Arabian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 04 Sep 2026 | ر.س17.6b | ر.س16.8b | ر.س1.3b | 16.7x | 14.1x | 1x |
| Sun, 02 Aug 2026 | ر.س16.0b | ر.س16.8b | ر.س1.2b | 14.9x | 13.1x | 1x |
| Tue, 30 Jun 2026 | ر.س18.6b | ر.س16.7b | ر.س1.2b | 18x | 15.9x | 1.1x |
| Thu, 28 May 2026 | ر.س17.7b | ر.س16.4b | ر.س1.1b | 16.3x | 16.2x | 1.1x |
| Sat, 25 Apr 2026 | ر.س17.4b | ر.س16.7b | ر.س1.1b | 19.5x | 15.9x | 1x |
| Mon, 23 Mar 2026 | ر.س14.1b | ر.س16.4b | ر.س1.1b | 18.9x | 12.8x | 0.9x |
| Wed, 18 Feb 2026 | ر.س15.1b | ر.س16.3b | ر.س1.1b | 24.2x | 13.7x | 0.9x |
| Fri, 16 Jan 2026 | ر.س14.2b | ر.س15.7b | ر.س901.8m | 30.3x | 15.8x | 0.9x |
| Sun, 14 Dec 2025 | ر.س14.6b | ر.س15.7b | ر.س891.8m | 29.7x | 16.4x | 0.9x |
| Tue, 11 Nov 2025 | ر.س15.2b | ر.س15.9b | ر.س893.3m | 33.1x | 17x | 1x |
| Thu, 09 Oct 2025 | ر.س15.4b | ر.س15.9b | ر.س863.6m | 32.8x | 17.8x | 1x |
| Sat, 06 Sep 2025 | ر.س14.0b | ر.س15.9b | ر.س862.6m | 33.7x | 16.2x | 0.9x |
| Mon, 04 Aug 2025 | ر.س14.2b | ر.س15.8b | ر.س848.1m | 31x | 16.8x | 0.9x |
| Wed, 02 Jul 2025 | ر.س15.2b | ر.س15.7b | ر.س838.3m | 21.5x | 18.1x | 1x |
| Fri, 30 May 2025 | ر.س14.9b | ر.س15.3b | ر.س808.6m | 29.2x | 18.4x | 1x |
| Sun, 27 Apr 2025 | ر.س15.4b | ر.س15.5b | ر.س919.8m | 29.5x | 16.7x | 1x |
| Tue, 25 Mar 2025 | ر.س16.1b | ر.س15.2b | ر.س862.8m | 35.9x | 18.6x | 1.1x |
| Thu, 20 Feb 2025 | ر.س18.2b | ر.س15.2b | ر.س891.6m | 36x | 20.4x | 1.2x |
| Sat, 18 Jan 2025 | ر.س17.2b | ر.س15.4b | ر.س889.9m | 27.6x | 19.3x | 1.1x |
| Mon, 16 Dec 2024 | ر.س17.0b | ر.س15.4b | ر.س862.6m | 36.1x | 19.8x | 1.1x |
| Wed, 13 Nov 2024 | ر.س16.8b | ر.س15.3b | ر.س829.4m | 37.3x | 20.2x | 1.1x |
| Fri, 11 Oct 2024 | ر.س16.6b | ر.س14.6b | ر.س699.0m | 38.5x | 23.8x | 1.1x |
| Sun, 08 Sep 2024 | ر.س17.3b | ر.س14.6b | ر.س699.2m | 39.8x | 24.8x | 1.2x |
| Tue, 06 Aug 2024 | ر.س16.0b | ر.س13.6b | ر.س372.3m | 25.1x | 43x | 1.2x |
| Thu, 04 Jul 2024 | ر.س17.7b | ر.س13.5b | ر.س361.2m | 35x | 49.1x | 1.3x |
| Sat, 01 Jun 2024 | ر.س16.5b | ر.س13.2b | ر.س208.9m | 37.7x | 78.7x | 1.2x |
| Mon, 29 Apr 2024 | ر.س17.2b | ر.س12.5b | ر.س27.4m | 44.1x | 626.8x | 1.4x |
| Wed, 27 Mar 2024 | ر.س16.8b | ر.س12.4b | ر.س17.8m | 32.9x | 942x | 1.4x |
| Fri, 23 Feb 2024 | ر.س14.1b | ر.س11.9b | -ر.س90,449,597.00 | 37.6x | -155.7x | 1.2x |
| Sun, 21 Jan 2024 | ر.س12.1b | ر.س11.7b | -ر.س161,898,197.00 | 32x | -74.9x | 1x |
| Tue, 19 Dec 2023 | ر.س11.1b | ر.س11.6b | -ر.س235,300,965.00 | 27.4x | -47.2x | 1x |
| Thu, 16 Nov 2023 | ر.س9.9b | ر.س11.4b | -ر.س199,028,320.00 | 23.2x | -49.9x | 0.9x |
| Sat, 14 Oct 2023 | ر.س9.9b | ر.س11.3b | -ر.س256,370,446.00 | 27.4x | -38.6x | 0.9x |
| Mon, 11 Sep 2023 | ر.س10.4b | ر.س11.2b | -ر.س249,995,901.00 | 22.5x | -41.8x | 0.9x |
Price to Earnings Ratio
-41.8x
Current Industry PE
- Investors are pessimistic on the Saudi Steel 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 14.0x which is lower than its 3-year average PE of 22.7x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- Total earnings for the Steel industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 14% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Saudi Arabian Steel compare with similar industries?
| SA Market | -1.05% | |
| Materials | -2.30% | |
| Metals and Mining | -3.68% | |
| Steel | 4.34% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -4.18% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 1321 East Pipes Integrated Company for Industry | ر.س206.50 | 9.3% +ر.س551.3m | 94.1% | PE10.7x | |
| 1320 Saudi Steel Pipes | ر.س55.50 | 6.0% +ر.س159.2m | 13.8% | PE18.4x | |
| 9523 Group Five Pipe Saudi | ر.س59.90 | 7.6% +ر.س119.0m | 39.3% | PE11.6x | |
| 2200 Arabian Pipes | ر.س5.63 | 5.2% +ر.س70.0m | 27.3% | PE21.7x | |
| 9513 Watani Iron Steel | ر.س2.06 | 7.3% +ر.س25.4m | 2.0% | PE38x |