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 03, 2026
DataAggregated Company Financials
Companies13
- 7D5.8%
- 3M-0.7%
- 1Y-15.1%
- YTDn/a
Over the last 7 days, the Steel industry has risen 5.8%, driven by gains from East Pipes Integrated Company for Industry of 17%. However, the industry is down 15% over the past year. Earnings are forecast to grow by 5.4% annually.
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 |
|---|---|---|---|---|---|---|
| Tue, 03 Feb 2026 | ر.س15.5b | ر.س16.2b | ر.س1.0b | 30.2x | 15.2x | 1x |
| Thu, 01 Jan 2026 | ر.س13.9b | ر.س15.7b | ر.س888.3m | 30.6x | 15.7x | 0.9x |
| Sat, 29 Nov 2025 | ر.س14.3b | ر.س15.8b | ر.س880.4m | 32.2x | 16.2x | 0.9x |
| Mon, 27 Oct 2025 | ر.س15.3b | ر.س15.9b | ر.س863.6m | 31.6x | 17.7x | 1x |
| Wed, 24 Sep 2025 | ر.س14.4b | ر.س15.9b | ر.س863.6m | 31.6x | 16.6x | 0.9x |
| Fri, 22 Aug 2025 | ر.س14.3b | ر.س15.7b | ر.س876.5m | 32.1x | 16.3x | 0.9x |
| Sun, 20 Jul 2025 | ر.س15.1b | ر.س15.8b | ر.س829.1m | 30.1x | 18.2x | 1x |
| Tue, 17 Jun 2025 | ر.س13.6b | ر.س15.7b | ر.س838.3m | 21x | 16.3x | 0.9x |
| Thu, 15 May 2025 | ر.س15.9b | ر.س15.4b | ر.س913.9m | 30.2x | 17.4x | 1x |
| Sat, 12 Apr 2025 | ر.س15.4b | ر.س15.5b | ر.س922.8m | 29.5x | 16.7x | 1x |
| Mon, 10 Mar 2025 | ر.س16.0b | ر.س15.1b | ر.س865.7m | 32.5x | 18.4x | 1.1x |
| Wed, 05 Feb 2025 | ر.س18.3b | ر.س15.4b | ر.س889.9m | 27.7x | 20.5x | 1.2x |
| Fri, 03 Jan 2025 | ر.س17.0b | ر.س15.4b | ر.س889.3m | 26x | 19.1x | 1.1x |
| Sun, 01 Dec 2024 | ر.س16.5b | ر.س15.4b | ر.س862.6m | 34.7x | 19.1x | 1.1x |
| Tue, 29 Oct 2024 | ر.س17.6b | ر.س14.6b | ر.س699.0m | 38.7x | 25.2x | 1.2x |
| Thu, 26 Sep 2024 | ر.س17.4b | ر.س14.6b | ر.س699.0m | 39.5x | 24.8x | 1.2x |
| Sat, 24 Aug 2024 | ر.س17.0b | ر.س14.4b | ر.س696.8m | 38.3x | 24.4x | 1.2x |
| Mon, 22 Jul 2024 | ر.س18.1b | ر.س13.6b | ر.س372.3m | 25.7x | 48.6x | 1.3x |
| Wed, 19 Jun 2024 | ر.س16.9b | ر.س13.5b | ر.س359.8m | 36.9x | 47.1x | 1.3x |
| Fri, 17 May 2024 | ر.س17.8b | ر.س12.8b | ر.س77.0m | 45.1x | 230.7x | 1.4x |
| Sun, 14 Apr 2024 | ر.س16.7b | ر.س12.5b | ر.س48.4m | 32.8x | 344.5x | 1.3x |
| Tue, 12 Mar 2024 | ر.س17.7b | ر.س12.3b | -ر.س6,359,405.00 | 38.1x | -2779x | 1.4x |
| Thu, 08 Feb 2024 | ر.س12.8b | ر.س11.7b | -ر.س161,898,197.00 | 33.5x | -79.3x | 1.1x |
| Sat, 06 Jan 2024 | ر.س11.9b | ر.س11.7b | -ر.س161,898,197.00 | 29.2x | -73.3x | 1x |
| Mon, 04 Dec 2023 | ر.س10.5b | ر.س11.6b | -ر.س235,300,965.00 | 26.2x | -44.6x | 0.9x |
| Wed, 01 Nov 2023 | ر.س9.7b | ر.س11.3b | -ر.س256,370,446.00 | 26.2x | -37.8x | 0.9x |
| Fri, 29 Sep 2023 | ر.س10.5b | ر.س11.2b | -ر.س249,995,901.00 | 21.2x | -41.9x | 0.9x |
| Sun, 27 Aug 2023 | ر.س10.2b | ر.س11.2b | -ر.س249,995,871.00 | 20.1x | -40.7x | 0.9x |
| Tue, 25 Jul 2023 | ر.س9.3b | ر.س10.2b | -ر.س151,832,195.00 | 26.9x | -61.2x | 0.9x |
| Thu, 22 Jun 2023 | ر.س9.4b | ر.س9.9b | -ر.س159,531,461.00 | 23.7x | -58.7x | 0.9x |
| Sat, 20 May 2023 | ر.س8.7b | ر.س9.5b | -ر.س143,110,011.00 | 22.7x | -61x | 0.9x |
| Mon, 17 Apr 2023 | ر.س8.1b | ر.س9.4b | -ر.س137,779,463.00 | 21.4x | -58.7x | 0.9x |
| Wed, 15 Mar 2023 | ر.س7.2b | ر.س9.1b | -ر.س178,599,239.00 | 20x | -40.4x | 0.8x |
| Fri, 10 Feb 2023 | ر.س7.5b | ر.س8.7b | -ر.س244,963,047.00 | 22.6x | -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 15.2x which is higher than its 3-year average PE of 9.4x.
- 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 | 0.81% | |
| Materials | -4.25% | |
| Metals and Mining | -6.91% | |
| Steel | 5.78% | |
| Aluminum | 0% | 0 |
| Diversified Metals and Mining | -7.53% | |
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.س154.30 | 5.7% +ر.س261.5m | 0.8% | PE10.9x | |
| 9523 Group Five Pipe Saudi | ر.س46.00 | 10.0% +ر.س117.6m | 9.5% | PE8.3x | |
| 9588 Riyadh Steel | ر.س1.60 | 2.6% +ر.س2.8m | -28.9% | PE56x |
