Al Yamamah Steel Industries' (TADAWUL:1304) Solid Profits Have Weak Fundamentals
Feb 19
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Saudi Arabian (Tadawul) Steel Industry Analysis
UpdatedFeb 19, 2025
DataAggregated Company Financials
Companies12
- 7D-3.6%
- 3M13.6%
- 1Y30.4%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 3.6%, driven by a pullback from East Pipes Integrated Company for Industry of 5.9%. Over the past 12 months, the industry was up 30%. Looking forward, earnings are forecast to grow by 46% 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 |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | ر.س18.2b | ر.س15.2b | ر.س891.6m | 36x | 20.4x | 1.2x |
| Sun, 19 Jan 2025 | ر.س17.2b | ر.س15.4b | ر.س889.9m | 27.6x | 19.3x | 1.1x |
| Tue, 17 Dec 2024 | ر.س16.9b | ر.س15.4b | ر.س862.6m | 36.6x | 19.6x | 1.1x |
| Thu, 14 Nov 2024 | ر.س16.6b | ر.س15.3b | ر.س829.4m | 36.8x | 20x | 1.1x |
| Sat, 12 Oct 2024 | ر.س16.7b | ر.س14.6b | ر.س699.0m | 38.5x | 23.9x | 1.1x |
| Mon, 09 Sep 2024 | ر.س17.3b | ر.س14.6b | ر.س699.0m | 39.5x | 24.8x | 1.2x |
| Wed, 07 Aug 2024 | ر.س16.3b | ر.س13.6b | ر.س372.3m | 25.5x | 43.8x | 1.2x |
| Fri, 05 Jul 2024 | ر.س17.9b | ر.س13.5b | ر.س361.2m | 35.1x | 49.7x | 1.3x |
| Sun, 02 Jun 2024 | ر.س16.5b | ر.س13.2b | ر.س208.9m | 37.7x | 78.7x | 1.2x |
| Tue, 30 Apr 2024 | ر.س17.2b | ر.س12.5b | ر.س27.4m | 45.5x | 627.4x | 1.4x |
| Thu, 28 Mar 2024 | ر.س17.1b | ر.س12.4b | ر.س17.8m | 32.7x | 962.7x | 1.4x |
| Sat, 24 Feb 2024 | ر.س14.1b | ر.س11.9b | -ر.س90,449,597.00 | 37.6x | -155.7x | 1.2x |
| Mon, 22 Jan 2024 | ر.س12.2b | ر.س11.7b | -ر.س161,898,197.00 | 32.2x | -75.6x | 1x |
| Wed, 20 Dec 2023 | ر.س11.2b | ر.س11.6b | -ر.س235,300,965.00 | 27.7x | -47.7x | 1x |
| Fri, 17 Nov 2023 | ر.س9.9b | ر.س11.6b | -ر.س235,301,320.00 | 24x | -42.3x | 0.9x |
| Sun, 15 Oct 2023 | ر.س9.9b | ر.س11.3b | -ر.س256,370,446.00 | 27.4x | -38.7x | 0.9x |
| Tue, 12 Sep 2023 | ر.س11.3b | ر.س11.2b | -ر.س249,995,901.00 | 22.3x | -45.2x | 1x |
| Thu, 10 Aug 2023 | ر.س10.1b | ر.س10.7b | -ر.س127,073,623.00 | 27.3x | -79.8x | 1x |
| Sat, 08 Jul 2023 | ر.س9.8b | ر.س9.9b | -ر.س159,531,461.00 | 24.8x | -61.4x | 1x |
| Mon, 05 Jun 2023 | ر.س8.9b | ر.س9.7b | -ر.س129,093,342.00 | 26.3x | -68.9x | 0.9x |
| Wed, 03 May 2023 | ر.س8.5b | ر.س9.5b | -ر.س143,110,011.00 | 21.9x | -59.2x | 0.9x |
| Fri, 31 Mar 2023 | ر.س7.8b | ر.س9.1b | -ر.س178,599,239.00 | 22.1x | -43.6x | 0.9x |
| Sun, 26 Feb 2023 | ر.س7.3b | ر.س8.7b | -ر.س244,963,047.00 | 25.7x | -29.8x | 0.8x |
| Tue, 24 Jan 2023 | ر.س7.5b | ر.س8.7b | -ر.س244,963,047.00 | 20.7x | -30.4x | 0.9x |
| Thu, 22 Dec 2022 | ر.س6.8b | ر.س8.7b | -ر.س113,068,038.00 | 18.1x | -59.7x | 0.8x |
| Sat, 19 Nov 2022 | ر.س7.6b | ر.س8.6b | -ر.س139,842,041.00 | 20.7x | -54.1x | 0.9x |
| Mon, 17 Oct 2022 | ر.س7.9b | ر.س8.0b | -ر.س162,771,849.00 | 29.5x | -48.7x | 1x |
| Wed, 14 Sep 2022 | ر.س8.3b | ر.س8.0b | -ر.س162,771,849.00 | 31.4x | -51.3x | 1x |
| Fri, 12 Aug 2022 | ر.س9.0b | ر.س8.4b | -ر.س42,913,511.00 | 22.3x | -209.4x | 1.1x |
| Sun, 10 Jul 2022 | ر.س7.7b | ر.س8.4b | -ر.س49,111,902.00 | 19.5x | -157.8x | 0.9x |
| Tue, 07 Jun 2022 | ر.س9.1b | ر.س8.4b | -ر.س49,111,902.00 | 21x | -185.7x | 1.1x |
| Thu, 05 May 2022 | ر.س9.8b | ر.س8.7b | ر.س165.4m | 17.7x | 59.2x | 1.1x |
| Sat, 02 Apr 2022 | ر.س9.9b | ر.س8.7b | ر.س29.0m | 16.4x | 343x | 1.1x |
| Mon, 28 Feb 2022 | ر.س10.3b | ر.س9.2b | ر.س215.0m | 11.9x | 48.1x | 1.1x |
Price to Earnings Ratio
48.1x
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 20.4x which is higher than its 3-year average PE of -8.1x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Steel industry have grown 61% per year over the last three years.
- Revenues for these companies have grown 18% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Saudi Arabian Steel compare with similar industries?
| SA Market | -0.64% | |
| Materials | -2.23% | |
| Metals and Mining | -2.18% | |
| Steel | -3.60% | |
| Copper | 0% | 0 |
| Aluminum | 0% | 0 |
| Gold | 0% | 0 |
| Precious Metals and Minerals | 0% | 0 |
| Silver | 0% | 0 |
| Diversified Metals and Mining | -2.05% | |
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 | |
|---|---|---|---|---|---|
| 2240 Zamil Industrial Investment | ر.س36.60 | 1.5% +ر.س33.0m | 31.4% | PS0.4x | |
| 2220 National Metal Manufacturing and Casting | ر.س17.66 | 0.6% +ر.س3.5m | -11.5% | PS2.6x | |
| 9553 Molan Steel | ر.س3.36 | 2.1% +ر.س1.9m | -27.9% | PS1x |
