Sahara International Petrochemical Valuation
Is 2310 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 2310 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2310 (SAR34.3) is trading above our estimate of fair value (SAR27.29)
Significantly Below Fair Value: 2310 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2310?
Other financial metrics that can be useful for relative valuation.
| What is 2310's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س24.73b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.5x |
| Enterprise Value/EBITDA | 11.7x |
| PEG Ratio | 1.2x |
Price to Earnings Ratio vs Peers
How does 2310's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 82.4x | ||
2223 Saudi Aramco Base Oil Company - Luberef | 16.9x | 5.5% | ر.س25.4b |
2330 Advanced Petrochemical | 64.5x | 48.1% | ر.س11.0b |
2060 National Industrialization | 53.6x | 39.0% | ر.س9.4b |
2010 Saudi Basic Industries | 194.3x | 58.3% | ر.س253.5b |
2310 Sahara International Petrochemical | 21.2x | 17.0% | ر.س24.7b |
Price-To-Earnings vs Peers: 2310 is good value based on its Price-To-Earnings Ratio (21.2x) compared to the peer average (82.4x).
Price to Earnings Ratio vs Industry
How does 2310's PE Ratio compare vs other companies in the Asian Chemicals Industry?
Price-To-Earnings vs Industry: 2310 is good value based on its Price-To-Earnings Ratio (21.2x) compared to the Asian Chemicals industry average (23.1x).
Price to Earnings Ratio vs Fair Ratio
What is 2310'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 | 21.2x |
| Fair PE Ratio | 28.7x |
Price-To-Earnings vs Fair Ratio: 2310 is good value based on its Price-To-Earnings Ratio (21.2x) compared to the estimated Fair Price-To-Earnings Ratio (28.7x).
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.س34.30 | ر.س38.34 +11.8% | 11.1% | ر.س45.10 | ر.س31.50 | n/a | 9 |
| Apr ’25 | ر.س32.95 | ر.س38.77 +17.7% | 11.0% | ر.س45.10 | ر.س31.50 | n/a | 10 |
| Mar ’25 | ر.س30.65 | ر.س39.84 +30.0% | 9.1% | ر.س45.10 | ر.س32.00 | n/a | 9 |
| Feb ’25 | ر.س31.90 | ر.س40.29 +26.3% | 9.6% | ر.س45.10 | ر.س32.00 | n/a | 9 |
| Jan ’25 | ر.س34.20 | ر.س41.60 +21.6% | 7.8% | ر.س45.10 | ر.س36.00 | n/a | 9 |
| Dec ’24 | ر.س32.35 | ر.س41.69 +28.9% | 7.8% | ر.س45.10 | ر.س36.00 | n/a | 9 |
| Nov ’24 | ر.س32.55 | ر.س42.36 +30.1% | 7.0% | ر.س47.00 | ر.س36.50 | n/a | 9 |
| Oct ’24 | ر.س37.80 | ر.س43.27 +14.5% | 6.9% | ر.س47.00 | ر.س38.00 | n/a | 9 |
| Sep ’24 | ر.س36.45 | ر.س43.20 +18.5% | 6.9% | ر.س47.00 | ر.س38.00 | n/a | 9 |
| Aug ’24 | ر.س38.45 | ر.س43.20 +12.4% | 6.9% | ر.س47.00 | ر.س38.00 | n/a | 9 |
| Jul ’24 | n/a | ر.س42.70 0% | 9.3% | ر.س47.00 | ر.س35.60 | n/a | 8 |
| Jun ’24 | ر.س35.80 | ر.س42.51 +18.8% | 10.1% | ر.س47.00 | ر.س35.60 | n/a | 7 |
| May ’24 | ر.س38.70 | ر.س45.01 +16.3% | 13.1% | ر.س56.50 | ر.س35.60 | ر.س34.30 | 8 |
| Apr ’24 | ر.س37.85 | ر.س44.76 +18.3% | 12.6% | ر.س56.50 | ر.س35.60 | ر.س32.95 | 8 |
| Mar ’24 | ر.س34.85 | ر.س43.76 +25.6% | 13.7% | ر.س56.50 | ر.س35.60 | ر.س30.65 | 8 |
| Feb ’24 | ر.س36.90 | ر.س43.76 +18.6% | 13.7% | ر.س56.50 | ر.س35.60 | ر.س31.90 | 8 |
| Jan ’24 | ر.س33.80 | ر.س47.06 +39.2% | 21.6% | ر.س65.00 | ر.س35.00 | ر.س34.20 | 8 |
| Dec ’23 | ر.س37.90 | ر.س49.69 +31.1% | 18.9% | ر.س65.00 | ر.س35.00 | ر.س32.35 | 8 |
| Nov ’23 | ر.س38.80 | ر.س53.31 +37.4% | 15.4% | ر.س65.00 | ر.س35.00 | ر.س32.55 | 8 |
| Oct ’23 | ر.س41.85 | ر.س55.98 +33.8% | 11.4% | ر.س65.00 | ر.س45.00 | ر.س37.80 | 8 |
| Sep ’23 | ر.س49.00 | ر.س55.98 +14.2% | 11.4% | ر.س65.00 | ر.س45.00 | ر.س36.45 | 8 |
| Aug ’23 | ر.س49.10 | ر.س55.38 +12.8% | 11.1% | ر.س65.00 | ر.س45.00 | ر.س38.45 | 8 |
| Jul ’23 | ر.س50.20 | ر.س55.50 +10.6% | 13.3% | ر.س68.50 | ر.س45.00 | n/a | 8 |
| Jun ’23 | ر.س53.10 | ر.س53.56 +0.9% | 16.6% | ر.س68.50 | ر.س40.00 | ر.س35.80 | 8 |
| May ’23 | ر.س57.30 | ر.س52.56 -8.3% | 19.3% | ر.س68.50 | ر.س37.00 | ر.س38.70 | 8 |
Analyst Forecast: Target price is less than 20% higher than the current share price.