National Industrialization Valuation
Is 2060 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 2060 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2060 (SAR13.24) is trading above our estimate of fair value (SAR10.17)
Significantly Below Fair Value: 2060 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2060?
Other financial metrics that can be useful for relative valuation.
What is 2060's n/a Ratio? | |
---|---|
n/a | 0x |
n/a | n/a |
Market Cap | ر.س8.76b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 4x |
Enterprise Value/EBITDA | 78.8x |
PEG Ratio | 1.4x |
Price to Earnings Ratio vs Peers
How does 2060's PE Ratio compare to its peers?
Company | Forward PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 61.9x | ||
2330 Advanced Petrochemical | 59.2x | 44.9% | ر.س10.0b |
2310 Sahara International Petrochemical | 19.1x | 15.5% | ر.س22.2b |
2223 Saudi Aramco Base Oil Company - Luberef | 18.7x | 5.5% | ر.س28.2b |
2250 Saudi Industrial Investment Group | 150.6x | 36.4% | ر.س16.8b |
2060 National Industrialization | 50.7x | 35.0% | ر.س8.8b |
Price-To-Earnings vs Peers: 2060 is good value based on its Price-To-Earnings Ratio (50.7x) compared to the peer average (61.9x).
Price to Earnings Ratio vs Industry
How does 2060's PE Ratio compare vs other companies in the Asian Chemicals Industry?
Price-To-Earnings vs Industry: 2060 is expensive based on its Price-To-Earnings Ratio (50.7x) compared to the Asian Chemicals industry average (21.8x).
Price to Earnings Ratio vs Fair Ratio
What is 2060'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 | 50.7x |
Fair PE Ratio | 33.9x |
Price-To-Earnings vs Fair Ratio: 2060 is expensive based on its Price-To-Earnings Ratio (50.7x) compared to the estimated Fair Price-To-Earnings Ratio (33.9x).
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.س13.24 | ر.س14.12 +6.6% | 11.0% | ر.س16.00 | ر.س11.50 | n/a | 6 |
Mar ’25 | ر.س13.18 | ر.س14.12 +7.1% | 11.0% | ر.س16.00 | ر.س11.50 | n/a | 6 |
Feb ’25 | ر.س11.72 | ر.س14.12 +20.4% | 11.0% | ر.س16.00 | ر.س11.50 | n/a | 6 |
Jan ’25 | ر.س12.40 | ر.س14.32 +15.5% | 10.1% | ر.س16.00 | ر.س11.50 | n/a | 6 |
Dec ’24 | ر.س12.20 | ر.س14.32 +17.3% | 10.1% | ر.س16.00 | ر.س11.50 | n/a | 6 |
Nov ’24 | ر.س11.56 | ر.س14.32 +23.8% | 10.1% | ر.س16.00 | ر.س11.50 | n/a | 6 |
Oct ’24 | ر.س12.58 | ر.س14.57 +15.8% | 10.3% | ر.س16.00 | ر.س11.50 | n/a | 6 |
Sep ’24 | ر.س12.74 | ر.س14.37 +12.8% | 10.1% | ر.س16.00 | ر.س11.50 | n/a | 6 |
Aug ’24 | ر.س14.02 | ر.س14.12 +0.7% | 13.9% | ر.س16.00 | ر.س10.00 | n/a | 6 |
Jul ’24 | n/a | ر.س13.68 0% | 14.1% | ر.س15.50 | ر.س10.00 | n/a | 5 |
Jun ’24 | ر.س15.18 | ر.س13.68 -9.9% | 14.1% | ر.س15.50 | ر.س10.00 | n/a | 5 |
May ’24 | ر.س13.50 | ر.س13.68 +1.3% | 14.1% | ر.س15.50 | ر.س10.00 | n/a | 5 |
Apr ’24 | ر.س12.22 | ر.س14.48 +18.5% | 9.7% | ر.س16.00 | ر.س12.00 | n/a | 5 |
Mar ’24 | ر.س12.00 | ر.س14.48 +20.7% | 9.7% | ر.س16.00 | ر.س12.00 | ر.س13.18 | 5 |
Feb ’24 | ر.س12.36 | ر.س14.48 +17.2% | 9.7% | ر.س16.00 | ر.س12.00 | ر.س11.72 | 5 |
Jan ’24 | ر.س12.34 | ر.س16.95 +37.4% | 24.8% | ر.س25.00 | ر.س12.00 | ر.س12.40 | 6 |
Dec ’23 | ر.س11.34 | ر.س18.13 +59.9% | 24.5% | ر.س25.00 | ر.س12.00 | ر.س12.20 | 6 |
Nov ’23 | ر.س12.96 | ر.س19.30 +48.9% | 21.3% | ر.س25.00 | ر.س12.00 | ر.س11.56 | 6 |
Oct ’23 | ر.س13.64 | ر.س20.22 +48.2% | 15.8% | ر.س25.00 | ر.س14.50 | ر.س12.58 | 6 |
Sep ’23 | ر.س15.74 | ر.س20.22 +28.4% | 15.8% | ر.س25.00 | ر.س14.50 | ر.س12.74 | 6 |
Aug ’23 | ر.س17.10 | ر.س20.63 +20.7% | 17.6% | ر.س25.00 | ر.س14.50 | ر.س14.02 | 6 |
Jul ’23 | ر.س16.12 | ر.س20.63 +28.0% | 17.6% | ر.س25.00 | ر.س14.50 | n/a | 6 |
Jun ’23 | ر.س18.56 | ر.س21.30 +14.8% | 16.9% | ر.س25.00 | ر.س14.50 | ر.س15.18 | 6 |
May ’23 | ر.س20.64 | ر.س21.30 +3.2% | 16.9% | ر.س25.00 | ر.س14.50 | ر.س13.50 | 6 |
Apr ’23 | ر.س23.10 | ر.س20.56 -11.0% | 17.1% | ر.س24.50 | ر.س14.50 | ر.س12.22 | 5 |
Mar ’23 | ر.س23.08 | ر.س20.38 -11.7% | 17.0% | ر.س24.50 | ر.س14.50 | ر.س12.00 | 5 |
Analyst Forecast: Target price is less than 20% higher than the current share price.