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Saudi Arabian (Tadawul) Steel Industry Analysis

UpdatedApr 24, 2025
DataAggregated Company Financials
Companies12
  • 7D-2.7%
  • 3M-16.9%
  • 1Y-10.7%
  • YTDn/a

Over the last 7 days, the Steel industry has dropped 2.4%, driven by East Pipes Integrated Company for Industry declining 3.2%. Overall the industry is down 12% in 12 months. As for the next few years, earnings are expected to grow by 44% per annum.

Industry Valuation and Performance

Has the Saudi Arabian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 24 Apr 2025ر.س15.3bر.س15.5bر.س919.8m29.5x16.6x1x
Sat, 22 Mar 2025ر.س15.8bر.س15.2bر.س862.8m35.3x18.3x1x
Mon, 17 Feb 2025ر.س18.4bر.س15.2bر.س891.6m35.8x20.7x1.2x
Wed, 15 Jan 2025ر.س17.1bر.س15.4bر.س889.9m26.9x19.3x1.1x
Fri, 13 Dec 2024ر.س17.0bر.س15.4bر.س862.6m35.5x19.8x1.1x
Sun, 10 Nov 2024ر.س17.2bر.س14.9bر.س789.9m38.7x21.8x1.2x
Tue, 08 Oct 2024ر.س16.5bر.س14.6bر.س699.0m39x23.7x1.1x
Thu, 05 Sep 2024ر.س17.5bر.س14.4bر.س696.8m40.4x25.1x1.2x
Sat, 03 Aug 2024ر.س17.2bر.س13.6bر.س372.3m27x46.2x1.3x
Mon, 01 Jul 2024ر.س17.1bر.س13.5bر.س361.2m36.2x47.3x1.3x
Wed, 29 May 2024ر.س16.4bر.س13.2bر.س208.9m38x78.5x1.2x
Fri, 26 Apr 2024ر.س17.2bر.س12.5bر.س27.4m43.7x626.6x1.4x
Sun, 24 Mar 2024ر.س18.3bر.س12.4bر.س17.8m39x1029.6x1.5x
Tue, 20 Feb 2024ر.س13.7bر.س11.9b-ر.س90,449,597.0037.7x-151.6x1.2x
Thu, 18 Jan 2024ر.س12.2bر.س11.7b-ر.س161,898,197.0031.4x-75.4x1x
Sat, 16 Dec 2023ر.س11.1bر.س11.6b-ر.س235,300,965.0028.1x-47.2x1x
Mon, 13 Nov 2023ر.س10.2bر.س11.4b-ر.س199,028,320.0023.2x-51.4x0.9x
Wed, 11 Oct 2023ر.س10.1bر.س11.3b-ر.س256,370,446.0027.3x-39.2x0.9x
Fri, 08 Sep 2023ر.س10.4bر.س11.2b-ر.س249,995,871.0020.9x-41.5x0.9x
Sun, 06 Aug 2023ر.س10.1bر.س10.8b-ر.س102,279,554.0023.8x-98.6x0.9x
Tue, 04 Jul 2023ر.س9.5bر.س9.9b-ر.س159,531,461.0024.4x-59.4x1x
Thu, 01 Jun 2023ر.س8.8bر.س9.6b-ر.س136,342,646.0025.7x-64.4x0.9x
Sat, 29 Apr 2023ر.س8.3bر.س9.5b-ر.س143,110,011.0021.6x-58x0.9x
Mon, 27 Mar 2023ر.س7.2bر.س9.1b-ر.س178,599,239.0021x-40.5x0.8x
Wed, 22 Feb 2023ر.س7.4bر.س8.7b-ر.س244,963,047.0026.9x-30x0.8x
Fri, 20 Jan 2023ر.س7.2bر.س8.7b-ر.س244,963,047.0020.8x-29.5x0.8x
Sun, 18 Dec 2022ر.س6.7bر.س8.7b-ر.س113,068,038.0018.3x-59.5x0.8x
Tue, 15 Nov 2022ر.س7.5bر.س8.5b-ر.س156,612,814.0030.5x-48.1x0.9x
Thu, 13 Oct 2022ر.س8.0bر.س8.0b-ر.س162,771,849.0029.6x-49.2x1x
Sat, 10 Sep 2022ر.س8.2bر.س8.0b-ر.س162,771,849.0031.2x-50.5x1x
Mon, 08 Aug 2022ر.س8.7bر.س8.4b-ر.س49,111,902.0021.3x-178.1x1x
Wed, 06 Jul 2022ر.س7.8bر.س8.4b-ر.س49,111,902.0018.8x-158x0.9x
Fri, 03 Jun 2022ر.س9.1bر.س8.8bر.س116.6m19.3x78.1x1x
Sun, 01 May 2022ر.س9.8bر.س8.7bر.س165.4m17.7x59.2x1.1x
Price to Earnings Ratio

59.2x


Total Market Cap: ر.س9.8bTotal Earnings: ر.س165.4mTotal Revenue: ر.س8.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Steel Industry Price to Earnings3Y Average -12.3x202320242025
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 16.7x which is higher than its 3-year average PE of -12.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 77% per year over the last three years.
  • Revenues for these companies have grown 21% 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 Market0.34%
Materials-1.23%
Metals and Mining-2.31%
Steel-2.74%
Aluminum0%0
Diversified Metals and Mining-2.28%
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?

CompanyLast Price7D1YValuation
2200 Arabian Pipesر.س9.560.6%
+ر.س9.0m
-17.4%PE8.5x
2220 National Metal Manufacturing and Castingر.س15.361.1%
+ر.س5.7m
-14.3%PS2.2x
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Latest News

2240

ر.س37.25

Zamil Industrial Investment

7D

-2.0%

1Y

81.0%

1301

ر.س24.72

United Wire Factories

7D

-1.5%

1Y

-22.3%

2200

ر.س9.56

Arabian Pipes

7D

0.6%

1Y

-17.4%

1320

ر.س54.00

Saudi Steel Pipes

7D

-4.6%

1Y

-31.4%

9588

ر.س1.90

Riyadh Steel

7D

-4.0%

1Y

-24.4%

2220

ر.س15.36

National Metal Manufacturing and Casting

7D

1.1%

1Y

-14.3%

9513

ر.س2.24

Watani Iron Steel

7D

-6.7%

1Y

-17.9%