SABIC Agri-Nutrients Valuation
Is 2020 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
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 2020 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2020 (SAR114) is trading above our estimate of fair value (SAR84.79)
Significantly Below Fair Value: 2020 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2020?
Other financial metrics that can be useful for relative valuation.
| What is 2020's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س54.27b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4.1x |
| Enterprise Value/EBITDA | 10.4x |
| PEG Ratio | 4.9x |
Price to Earnings Ratio vs Peers
How does 2020's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 70.1x | ||
2223 Saudi Aramco Base Oil Company - Luberef | 16.7x | 5.5% | ر.س25.2b |
2310 Sahara International Petrochemical | 21x | 17.6% | ر.س24.7b |
2010 Saudi Basic Industries | 189.7x | 58.3% | ر.س247.5b |
2060 National Industrialization | 53x | 39.0% | ر.س9.3b |
2020 SABIC Agri-Nutrients | 15.4x | 3.2% | ر.س54.3b |
Price-To-Earnings vs Peers: 2020 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (70.1x).
Price to Earnings Ratio vs Industry
How does 2020's PE Ratio compare vs other companies in the Asian Chemicals Industry?
Price-To-Earnings vs Industry: 2020 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the Asian Chemicals industry average (23.2x).
Price to Earnings Ratio vs Fair Ratio
What is 2020'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 | 15.4x |
| Fair PE Ratio | 29.1x |
Price-To-Earnings vs Fair Ratio: 2020 is good value based on its Price-To-Earnings Ratio (15.4x) compared to the estimated Fair Price-To-Earnings Ratio (29.1x).
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.س114.00 | ر.س136.08 +19.4% | 7.6% | ر.س159.00 | ر.س121.00 | n/a | 13 |
| Apr ’25 | ر.س119.80 | ر.س139.29 +16.3% | 6.6% | ر.س159.00 | ر.س121.00 | n/a | 14 |
| Mar ’25 | ر.س125.20 | ر.س140.43 +12.2% | 7.4% | ر.س159.00 | ر.س121.00 | n/a | 13 |
| Feb ’25 | ر.س127.00 | ر.س141.97 +11.8% | 6.5% | ر.س159.00 | ر.س131.00 | n/a | 12 |
| Jan ’25 | ر.س139.40 | ر.س137.47 -1.4% | 14.1% | ر.س159.00 | ر.س80.00 | n/a | 12 |
| Dec ’24 | ر.س137.60 | ر.س139.10 +1.1% | 15.3% | ر.س160.00 | ر.س80.00 | n/a | 11 |
| Nov ’24 | ر.س133.80 | ر.س143.49 +7.2% | 6.7% | ر.س160.00 | ر.س131.00 | n/a | 12 |
| Oct ’24 | ر.س134.80 | ر.س143.41 +6.4% | 6.3% | ر.س158.00 | ر.س131.00 | n/a | 12 |
| Sep ’24 | ر.س137.60 | ر.س143.28 +4.1% | 6.3% | ر.س158.00 | ر.س131.00 | n/a | 12 |
| Aug ’24 | ر.س142.20 | ر.س141.87 -0.2% | 7.4% | ر.س158.00 | ر.س121.00 | n/a | 12 |
| Jul ’24 | n/a | ر.س145.07 0% | 9.2% | ر.س165.00 | ر.س121.00 | n/a | 12 |
| Jun ’24 | ر.س124.00 | ر.س145.32 +17.2% | 9.3% | ر.س165.00 | ر.س121.00 | n/a | 12 |
| May ’24 | ر.س131.80 | ر.س148.45 +12.6% | 10.9% | ر.س176.50 | ر.س118.00 | ر.س114.20 | 13 |
| Apr ’24 | ر.س127.40 | ر.س156.18 +22.6% | 11.4% | ر.س187.00 | ر.س126.00 | ر.س119.80 | 13 |
| Mar ’24 | ر.س129.60 | ر.س158.03 +21.9% | 11.9% | ر.س187.00 | ر.س126.00 | ر.س125.20 | 12 |
| Feb ’24 | ر.س136.80 | ر.س165.35 +20.9% | 9.7% | ر.س187.00 | ر.س142.00 | ر.س127.00 | 11 |
| Jan ’24 | ر.س146.40 | ر.س171.87 +17.4% | 12.5% | ر.س220.00 | ر.س142.00 | ر.س139.40 | 10 |
| Dec ’23 | ر.س143.60 | ر.س174.96 +21.8% | 12.4% | ر.س220.00 | ر.س142.00 | ر.س137.60 | 10 |
| Nov ’23 | ر.س158.40 | ر.س179.66 +13.4% | 10.1% | ر.س220.00 | ر.س150.00 | ر.س133.80 | 10 |
| Oct ’23 | ر.س158.00 | ر.س176.22 +11.5% | 11.1% | ر.س220.00 | ر.س150.00 | ر.س134.80 | 10 |
| Sep ’23 | ر.س175.20 | ر.س172.47 -1.6% | 11.2% | ر.س220.00 | ر.س150.00 | ر.س137.60 | 11 |
| Aug ’23 | ر.س141.00 | ر.س164.38 +16.6% | 13.0% | ر.س220.00 | ر.س140.00 | ر.س142.20 | 11 |
| Jul ’23 | ر.س137.80 | ر.س165.56 +20.1% | 12.7% | ر.س220.00 | ر.س140.00 | n/a | 11 |
| Jun ’23 | ر.س151.00 | ر.س176.11 +16.6% | 10.5% | ر.س220.00 | ر.س155.00 | ر.س124.00 | 11 |
| May ’23 | ر.س162.60 | ر.س177.20 +9.0% | 12.0% | ر.س232.00 | ر.س155.00 | ر.س131.80 | 11 |
Analyst Forecast: Target price is less than 20% higher than the current share price.