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 02, 2026
DataAggregated Company Financials
Companies13
- 7D5.8%
- 3M-3.6%
- 1Y-17.4%
- YTDn/a
Over the last 7 days, the Steel industry has risen 7.0%, driven by gains from East Pipes Integrated Company for Industry of 20%. Meanwhile, National Metal Manufacturing and Casting actually underperformed within the industry, shrinking 6.6% in the last week. In the past year, the industry is down 16%. As for the next few years, earnings are expected to grow by 5.4% 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, 02 Feb 2026 | ر.س15.3b | ر.س16.2b | ر.س1.0b | 30.3x | 15x | 0.9x |
| Wed, 31 Dec 2025 | ر.س13.6b | ر.س15.7b | ر.س891.8m | 29.4x | 15.2x | 0.9x |
| Fri, 28 Nov 2025 | ر.س14.3b | ر.س15.8b | ر.س880.4m | 32.2x | 16.2x | 0.9x |
| Sun, 26 Oct 2025 | ر.س15.3b | ر.س15.9b | ر.س863.6m | 32.9x | 17.7x | 1x |
| Tue, 23 Sep 2025 | ر.س14.4b | ر.س15.9b | ر.س863.6m | 31.6x | 16.7x | 0.9x |
| Thu, 21 Aug 2025 | ر.س14.4b | ر.س15.7b | ر.س876.5m | 32.6x | 16.5x | 0.9x |
| Sat, 19 Jul 2025 | ر.س15.1b | ر.س15.8b | ر.س829.1m | 30.1x | 18.2x | 1x |
| Mon, 16 Jun 2025 | ر.س13.7b | ر.س15.7b | ر.س838.3m | 20.5x | 16.4x | 0.9x |
| Wed, 14 May 2025 | ر.س15.7b | ر.س15.4b | ر.س913.9m | 30.3x | 17.2x | 1x |
| Fri, 11 Apr 2025 | ر.س15.2b | ر.س15.5b | ر.س922.8m | 29.5x | 16.5x | 1x |
| Sun, 09 Mar 2025 | ر.س16.0b | ر.س15.1b | ر.س865.7m | 32.8x | 18.4x | 1.1x |
| Tue, 04 Feb 2025 | ر.س18.1b | ر.س15.4b | ر.س889.9m | 27.8x | 20.4x | 1.2x |
| Thu, 02 Jan 2025 | ر.س16.8b | ر.س15.4b | ر.س889.3m | 24.7x | 18.9x | 1.1x |
| Sat, 30 Nov 2024 | ر.س16.5b | ر.س15.4b | ر.س862.6m | 34.7x | 19.1x | 1.1x |
| Mon, 28 Oct 2024 | ر.س17.0b | ر.س14.6b | ر.س699.0m | 38.9x | 24.4x | 1.2x |
| Wed, 25 Sep 2024 | ر.س17.4b | ر.س14.6b | ر.س699.0m | 39x | 24.8x | 1.2x |
| Fri, 23 Aug 2024 | ر.س17.0b | ر.س14.4b | ر.س696.8m | 38.3x | 24.4x | 1.2x |
| Sun, 21 Jul 2024 | ر.س18.1b | ر.س13.6b | ر.س372.3m | 25.8x | 48.6x | 1.3x |
| Tue, 18 Jun 2024 | ر.س16.9b | ر.س13.5b | ر.س359.8m | 36.9x | 47.1x | 1.3x |
| Thu, 16 May 2024 | ر.س18.1b | ر.س12.8b | ر.س77.0m | 46.7x | 234.4x | 1.4x |
| Sat, 13 Apr 2024 | ر.س16.7b | ر.س12.5b | ر.س48.4m | 32.8x | 344.5x | 1.3x |
| Mon, 11 Mar 2024 | ر.س16.6b | ر.س12.3b | -ر.س6,359,405.00 | 37.4x | -2606.3x | 1.3x |
| Wed, 07 Feb 2024 | ر.س12.7b | ر.س11.7b | -ر.س161,898,197.00 | 33x | -78.2x | 1.1x |
| Fri, 05 Jan 2024 | ر.س11.9b | ر.س11.7b | -ر.س161,898,199.00 | 29.2x | -73.3x | 1x |
| Sun, 03 Dec 2023 | ر.س10.3b | ر.س11.6b | -ر.س235,300,965.00 | 25.6x | -43.8x | 0.9x |
| Tue, 31 Oct 2023 | ر.س9.6b | ر.س11.3b | -ر.س256,370,446.00 | 26.8x | -37.6x | 0.9x |
| Thu, 28 Sep 2023 | ر.س10.4b | ر.س11.2b | -ر.س249,995,901.00 | 20.8x | -41.8x | 0.9x |
| Sat, 26 Aug 2023 | ر.س10.2b | ر.س11.2b | -ر.س249,995,871.00 | 20.1x | -40.7x | 0.9x |
| Mon, 24 Jul 2023 | ر.س9.5b | ر.س10.2b | -ر.س151,832,195.00 | 26.6x | -62.5x | 0.9x |
| Wed, 21 Jun 2023 | ر.س9.4b | ر.س9.9b | -ر.س159,531,461.00 | 23.7x | -58.7x | 1x |
| Fri, 19 May 2023 | ر.س8.7b | ر.س9.5b | -ر.س143,110,011.00 | 22.7x | -60.6x | 0.9x |
| Sun, 16 Apr 2023 | ر.س8.1b | ر.س9.4b | -ر.س137,779,463.00 | 21.4x | -58.7x | 0.9x |
| Tue, 14 Mar 2023 | ر.س7.3b | ر.س9.1b | -ر.س178,599,239.00 | 20.3x | -40.9x | 0.8x |
| Thu, 09 Feb 2023 | ر.س7.4b | ر.س8.7b | -ر.س244,963,047.00 | 23.2x | -30x | 0.8x |
Price to Earnings Ratio
-30x
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 15.2x which is higher than its 3-year average PE of 9.3x.
- 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 | -0.78% | |
| Materials | -4.63% | |
| Metals and Mining | -8.85% | |
| Steel | 5.76% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -9.56% | |
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.س152.00 | 19.8% +ر.س790.7m | -2.2% | PE10.7x | |
| 9523 Group Five Pipe Saudi | ر.س43.60 | 12.1% +ر.س131.6m | 3.0% | PE7.9x | |
| 1320 Saudi Steel Pipes | ر.س40.02 | 1.8% +ر.س35.4m | -45.0% | PE11.9x |
