Market Might Still Lack Some Conviction On Group Five Pipe Saudi Company (TADAWUL:9523) Even After 31% Share Price Boost
Jan 30
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Saudi Arabian (Tadawul) Steel Industry Analysis
UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies13
- 7D0.7%
- 3M3.9%
- 1Y-14.5%
- YTDn/a
Over the last 7 days, the Steel industry has remained flat, although notably East Pipes Integrated Company for Industry gained 5.0%. As for the longer term, the industry has declined 14% in the last year. As for the next few years, earnings are expected to grow by 4.2% 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 |
|---|---|---|---|---|---|---|
| Mon, 09 Feb 2026 | ر.س15.6b | ر.س16.3b | ر.س1.1b | 30.4x | 14.7x | 1x |
| Wed, 07 Jan 2026 | ر.س14.1b | ر.س15.7b | ر.س901.8m | 29.9x | 15.7x | 0.9x |
| Fri, 05 Dec 2025 | ر.س14.2b | ر.س15.7b | ر.س901.6m | 29.7x | 15.8x | 0.9x |
| Sun, 02 Nov 2025 | ر.س15.9b | ر.س15.9b | ر.س863.6m | 33.5x | 18.4x | 1x |
| Tue, 30 Sep 2025 | ر.س15.3b | ر.س15.9b | ر.س863.6m | 33.5x | 17.7x | 1x |
| Thu, 28 Aug 2025 | ر.س14.3b | ر.س15.7b | ر.س876.5m | 32.3x | 16.3x | 0.9x |
| Sat, 26 Jul 2025 | ر.س14.7b | ر.س15.8b | ر.س829.1m | 30.2x | 17.7x | 0.9x |
| Mon, 23 Jun 2025 | ر.س13.1b | ر.س15.7b | ر.س838.3m | 20.7x | 15.7x | 0.8x |
| Wed, 21 May 2025 | ر.س15.6b | ر.س15.6b | ر.س900.4m | 30.9x | 17.4x | 1x |
| Fri, 18 Apr 2025 | ر.س15.4b | ر.س15.5b | ر.س919.9m | 29.6x | 16.7x | 1x |
| Sun, 16 Mar 2025 | ر.س16.2b | ر.س15.2b | ر.س869.1m | 32.3x | 18.6x | 1.1x |
| Tue, 11 Feb 2025 | ر.س18.3b | ر.س15.4b | ر.س889.9m | 26x | 20.6x | 1.2x |
| Thu, 09 Jan 2025 | ر.س17.3b | ر.س15.4b | ر.س889.9m | 27.6x | 19.5x | 1.1x |
| Sat, 07 Dec 2024 | ر.س16.7b | ر.س15.4b | ر.س862.6m | 35.5x | 19.4x | 1.1x |
| Mon, 04 Nov 2024 | ر.س17.6b | ر.س14.6b | ر.س699.0m | 38.7x | 25.2x | 1.2x |
| Wed, 02 Oct 2024 | ر.س17.2b | ر.س14.6b | ر.س699.0m | 41.5x | 24.6x | 1.2x |
| Fri, 30 Aug 2024 | ر.س17.1b | ر.س14.4b | ر.س696.8m | 38.9x | 24.6x | 1.2x |
| Sun, 28 Jul 2024 | ر.س17.6b | ر.س13.6b | ر.س372.3m | 27.7x | 47.2x | 1.3x |
| Tue, 25 Jun 2024 | ر.س16.8b | ر.س13.5b | ر.س359.8m | 35.7x | 46.7x | 1.2x |
| Thu, 23 May 2024 | ر.س16.7b | ر.س12.8b | ر.س77.0m | 43.5x | 217x | 1.3x |
| Sat, 20 Apr 2024 | ر.س17.7b | ر.س12.5b | ر.س27.4m | 45.7x | 647.9x | 1.4x |
| Mon, 18 Mar 2024 | ر.س18.3b | ر.س12.4b | ر.س17.8m | 36.6x | 1027.6x | 1.5x |
| Wed, 14 Feb 2024 | ر.س13.3b | ر.س11.7b | -ر.س161,898,197.00 | 36.9x | -82.5x | 1.1x |
| Fri, 12 Jan 2024 | ر.س12.1b | ر.س11.7b | -ر.س161,898,197.00 | 29.8x | -74.9x | 1x |
| Sun, 10 Dec 2023 | ر.س10.7b | ر.س11.6b | -ر.س235,300,965.00 | 26.9x | -45.6x | 0.9x |
| Tue, 07 Nov 2023 | ر.س10.4b | ر.س11.3b | -ر.س256,370,446.00 | 26.9x | -40.4x | 0.9x |
| Thu, 05 Oct 2023 | ر.س10.5b | ر.س11.3b | -ر.س251,587,259.00 | 28.6x | -41.5x | 0.9x |
| Sat, 02 Sep 2023 | ر.س10.4b | ر.س11.2b | -ر.س249,995,871.00 | 20.9x | -41.6x | 0.9x |
| Mon, 31 Jul 2023 | ر.س10.0b | ر.س10.8b | -ر.س102,279,554.00 | 23.2x | -97.9x | 0.9x |
| Wed, 28 Jun 2023 | ر.س9.2b | ر.س9.9b | -ر.س159,531,461.00 | 23.5x | -57.9x | 0.9x |
| Fri, 26 May 2023 | ر.س9.1b | ر.س9.4b | -ر.س151,268,011.00 | 27.3x | -59.8x | 1x |
| Sun, 23 Apr 2023 | ر.س8.2b | ر.س9.5b | -ر.س143,110,011.00 | 21.4x | -57.1x | 0.9x |
| Tue, 21 Mar 2023 | ر.س7.0b | ر.س9.1b | -ر.س178,599,239.00 | 20.5x | -39.4x | 0.8x |
| Thu, 16 Feb 2023 | ر.س7.5b | ر.س8.7b | -ر.س244,963,047.00 | 24.1x | -30.5x | 0.9x |
Price to Earnings Ratio
-30.5x
Current Industry PE
- Investors are optimistic on the Saudi Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 14.7x which is higher than its 3-year average PE of 9.6x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
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 23% 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 | -1.26% | |
| Materials | -4.05% | |
| Metals and Mining | -6.03% | |
| Steel | 0.72% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -6.37% | |
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.س157.00 | 3.3% +ر.س157.5m | 1.4% | PE10x | |
| 9523 Group Five Pipe Saudi | ر.س46.10 | 5.7% +ر.س70.0m | 11.9% | PE8.4x | |
| 2200 Arabian Pipes | ر.س5.25 | 5.0% +ر.س50.0m | -48.5% | PE9.1x | |
| 2240 Advanced Building Industries | ر.س40.08 | 1.2% +ر.س27.6m | 15.2% | PE28.2x | |
| 1304 Al Yamamah Steel Industries | ر.س38.78 | 0.7% +ر.س14.2m | 0.08% | PE33x |
