Saudi Arabian Oil Valuation
Is 2222 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of 2222 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2222 (SAR30.1) is trading above our estimate of fair value (SAR13.61)
Significantly Below Fair Value: 2222 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2222?
Other financial metrics that can be useful for relative valuation.
| What is 2222's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س7.29t |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4x |
| Enterprise Value/EBITDA | 7.8x |
| PEG Ratio | 1242.4x |
Price to Earnings Ratio vs Peers
How does 2222's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 11.8x | ||
XOM Exxon Mobil | 13.3x | -0.6% | US$479.1b |
CVX Chevron | 14.1x | 2.3% | US$300.8b |
SHEL Shell | 12x | 4.0% | UK£186.4b |
857 PetroChina | 7.7x | -5.2% | HK$2.0t |
2222 Saudi Arabian Oil | 16.1x | 0.01% | ر.س7.3t |
Price-To-Earnings vs Peers: 2222 is expensive based on its Price-To-Earnings Ratio (16.1x) compared to the peer average (11.7x).
Price to Earnings Ratio vs Industry
How does 2222's PE Ratio compare vs other companies in the Asian Oil and Gas Industry?
Price-To-Earnings vs Industry: 2222 is expensive based on its Price-To-Earnings Ratio (16.1x) compared to the Asian Oil and Gas industry average (10x).
Price to Earnings Ratio vs Fair Ratio
What is 2222's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 16.1x |
| Fair PE Ratio | 38.1x |
Price-To-Earnings vs Fair Ratio: 2222 is good value based on its Price-To-Earnings Ratio (16.1x) compared to the estimated Fair Price-To-Earnings Ratio (38.1x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ر.س30.10 | ر.س33.75 +12.1% | 6.5% | ر.س38.00 | ر.س31.00 | n/a | 15 |
| Apr ’25 | ر.س30.75 | ر.س33.76 +9.8% | 6.5% | ر.س38.00 | ر.س31.00 | n/a | 15 |
| Mar ’25 | ر.س31.70 | ر.س33.79 +6.6% | 6.4% | ر.س38.00 | ر.س31.00 | n/a | 14 |
| Feb ’25 | ر.س31.00 | ر.س33.86 +9.2% | 6.5% | ر.س38.00 | ر.س31.00 | n/a | 14 |
| Jan ’25 | ر.س33.05 | ر.س34.32 +3.9% | 7.2% | ر.س38.00 | ر.س30.00 | n/a | 14 |
| Dec ’24 | ر.س33.20 | ر.س34.29 +3.3% | 7.4% | ر.س38.00 | ر.س30.00 | n/a | 14 |
| Nov ’24 | ر.س33.15 | ر.س34.44 +3.9% | 8.4% | ر.س39.50 | ر.س30.00 | n/a | 14 |
| Oct ’24 | ر.س34.70 | ر.س34.30 -1.2% | 8.0% | ر.س39.50 | ر.س30.00 | n/a | 14 |
| Sep ’24 | ر.س34.90 | ر.س34.18 -2.1% | 7.9% | ر.س39.50 | ر.س30.00 | n/a | 15 |
| Aug ’24 | ر.س32.25 | ر.س33.87 +5.0% | 7.0% | ر.س39.50 | ر.س30.00 | n/a | 16 |
| Jul ’24 | n/a | ر.س34.51 0% | 6.7% | ر.س39.50 | ر.س30.00 | n/a | 16 |
| Jun ’24 | ر.س31.65 | ر.س34.60 +9.3% | 6.9% | ر.س39.50 | ر.س30.00 | n/a | 15 |
| May ’24 | ر.س32.77 | ر.س33.66 +2.7% | 8.7% | ر.س40.00 | ر.س27.27 | n/a | 16 |
| Apr ’24 | ر.س29.36 | ر.س34.29 +16.8% | 9.7% | ر.س41.82 | ر.س27.27 | ر.س30.75 | 17 |
| Mar ’24 | ر.س28.68 | ر.س35.23 +22.8% | 9.4% | ر.س41.82 | ر.س27.27 | ر.س31.70 | 17 |
| Feb ’24 | ر.س29.91 | ر.س35.61 +19.0% | 10.0% | ر.س41.82 | ر.س27.27 | ر.س31.00 | 17 |
| Jan ’24 | ر.س29.45 | ر.س36.06 +22.4% | 11.0% | ر.س45.45 | ر.س27.27 | ر.س33.05 | 17 |
| Dec ’23 | ر.س30.09 | ر.س36.38 +20.9% | 11.6% | ر.س45.45 | ر.س27.27 | ر.س33.20 | 17 |
| Nov ’23 | ر.س31.68 | ر.س36.56 +15.4% | 11.5% | ر.س45.45 | ر.س27.27 | ر.س33.15 | 17 |
| Oct ’23 | ر.س32.59 | ر.س36.76 +12.8% | 10.8% | ر.س45.45 | ر.س27.27 | ر.س34.70 | 16 |
| Sep ’23 | ر.س33.73 | ر.س36.80 +9.1% | 10.8% | ر.س45.45 | ر.س27.27 | ر.س34.90 | 16 |
| Aug ’23 | ر.س36.41 | ر.س36.10 -0.8% | 12.4% | ر.س45.45 | ر.س24.79 | ر.س32.25 | 16 |
| Jul ’23 | ر.س35.27 | ر.س36.06 +2.2% | 12.9% | ر.س45.45 | ر.س24.79 | n/a | 16 |
| Jun ’23 | ر.س37.32 | ر.س35.75 -4.2% | 13.1% | ر.س45.45 | ر.س24.79 | ر.س31.65 | 17 |
| May ’23 | ر.س37.11 | ر.س34.16 -7.9% | 12.3% | ر.س41.32 | ر.س24.79 | ر.س32.77 | 17 |
| Apr ’23 | ر.س35.62 | ر.س33.76 -5.2% | 12.9% | ر.س41.32 | ر.س24.79 | ر.س29.36 | 17 |
Analyst Forecast: Target price is less than 20% higher than the current share price.