Saudi Paper Manufacturing Valuation

Q: What is the Fair Price of 2300 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

2300 (SAR69.1) is trading below our estimate of [[fair value]] (SAR158.52)

Is 2300 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation 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 2300 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2300 (SAR69.1) is trading below our estimate of fair value (SAR158.52)

Significantly Below Fair Value: 2300 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2300?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 2300. This is calculated by dividing 2300's market cap by their current preferred multiple.
What is 2300's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	ر.س2.55b

2300 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.6x
Enterprise Value/EBITDA	15.5x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

How does 2300's PE Ratio compare to its peers?

The above table shows the PE ratio for 2300 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	19.9x
3080 Eastern Province Cement	14.2x	-3.6%	ر.س3.1b
4143 Al Taiseer Group TALCO Industrial	25.4x	n/a	ر.س2.1b
2150 National Company for Glass Industries	19.5x	n/a	ر.س1.7b
3004 Northern Region Cement	20.7x	19.9%	ر.س1.6b
2300 Saudi Paper Manufacturing	24.2x	18.3%	ر.س2.6b

Price-To-Earnings vs Peers: 2300 is expensive based on its Price-To-Earnings Ratio (24.2x) compared to the peer average (19.9x).

Price to Earnings Ratio vs Industry

How does 2300's PE Ratio compare vs other companies in the Asian Forestry Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	31.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	31.4%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 2300 is expensive based on its Price-To-Earnings Ratio (24.2x) compared to the Asian Forestry industry average (15.5x).

Price to Earnings Ratio vs Fair Ratio

What is 2300'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.

2300 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	24.2x
Fair PE Ratio	24.9x

Price-To-Earnings vs Fair Ratio: 2300 is good value based on its Price-To-Earnings Ratio (24.2x) compared to the estimated Fair Price-To-Earnings Ratio (24.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.