Sahara International Petrochemical Valuation
Is 2310 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Future Cash Flow Value
Significantly Below Future Cash Flow Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast
Share Price vs Future Cash Flow 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.
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Below Future Cash Flow Value: 2310 (SAR16.52) is trading above our estimate of future cash flow value (SAR13.02)
Significantly Below Future Cash Flow Value: 2310 is trading above our estimate of future cash flow value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2310?
Key metric: As 2310 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.
| What is 2310's PS Ratio? | |
|---|---|
| PS Ratio | 1.8x |
| Sales | ر.س6.81b |
| Market Cap | ر.س11.97b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.1x |
| Enterprise Value/EBITDA | 19.9x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 2310's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.4x | ||
2350 Saudi Kayan Petrochemical | 0.9x | 4.84% | ر.س7.9b |
2223 Saudi Aramco Base Oil Company - Luberef | 2.4x | 3.53% | ر.س19.0b |
2060 National Industrialization | 2.7x | 12.25% | ر.س6.7b |
2290 Yanbu National Petrochemical | 3.5x | 5.33% | ر.س19.7b |
2310 Sahara International Petrochemical | 1.8x | 3.13% | ر.س12.0b |
Price-To-Sales vs Peers: 2310 is good value based on its Price-To-Sales Ratio (1.8x) compared to the peer average (2.4x).
Historical Price to Sales Ratio
Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.
Fetching historical data
Price to Sales Ratio vs Industry
How does 2310's PS Ratio compare vs other companies in the Asian Chemicals Industry?
| 124 Companies | Price / Sales | Estimated Growth | Market Cap |
|---|---|---|---|
| 124 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Sales vs Industry: 2310 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the Asian Chemicals industry average (1.5x).
Price to Sales Ratio vs Fair Ratio
What is 2310's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 1.8x |
| Fair PS Ratio | 1.7x |
Price-To-Sales vs Fair Ratio: 2310 is expensive based on its Price-To-Sales Ratio (1.8x) compared to the estimated Fair Price-To-Sales Ratio (1.7x).
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.س16.52 | ر.س17.99 +8.89% | 10.21% | ر.س21.70 | ر.س15.60 | n/a | 9 |
| Apr ’27 | ر.س16.00 | ر.س17.99 +12.43% | 10.21% | ر.س21.70 | ر.س15.60 | n/a | 9 |
| Mar ’27 | ر.س13.50 | ر.س19.59 +45.10% | 17.05% | ر.س27.50 | ر.س15.60 | n/a | 9 |
| Feb ’27 | ر.س15.02 | ر.س19.59 +30.42% | 17.05% | ر.س27.50 | ر.س15.60 | n/a | 9 |
| Jan ’27 | ر.س15.20 | ر.س21.49 +41.37% | 19.58% | ر.س29.20 | ر.س15.90 | n/a | 9 |
| Dec ’26 | ر.س16.77 | ر.س21.73 +29.58% | 16.54% | ر.س29.20 | ر.س17.40 | n/a | 10 |
| Nov ’26 | ر.س18.90 | ر.س22.32 +18.10% | 15.33% | ر.س29.20 | ر.س19.00 | n/a | 10 |
| Oct ’26 | ر.س20.42 | ر.س22.48 +10.06% | 16.70% | ر.س29.20 | ر.س19.00 | n/a | 8 |
| Sep ’26 | ر.س19.34 | ر.س23.10 +19.44% | 15.29% | ر.س29.20 | ر.س19.20 | n/a | 8 |
| Aug ’26 | ر.س17.90 | ر.س24.16 +34.95% | 12.87% | ر.س29.20 | ر.س19.60 | n/a | 9 |
| Jul ’26 | ر.س19.88 | ر.س24.16 +21.51% | 12.87% | ر.س29.20 | ر.س19.60 | n/a | 9 |
| Jun ’26 | ر.س18.96 | ر.س27.66 +45.86% | 24.43% | ر.س45.10 | ر.س20.80 | n/a | 9 |
| May ’26 | ر.س18.78 | ر.س29.33 +56.19% | 21.85% | ر.س45.10 | ر.س23.10 | n/a | 9 |
| Apr ’26 | ر.س20.80 | ر.س31.39 +50.91% | 17.84% | ر.س45.10 | ر.س26.40 | ر.س16.00 | 9 |
| Mar ’26 | ر.س21.38 | ر.س31.71 +48.32% | 16.97% | ر.س45.10 | ر.س27.50 | ر.س13.50 | 9 |
| Feb ’26 | ر.س23.30 | ر.س31.71 +36.10% | 16.97% | ر.س45.10 | ر.س27.50 | ر.س15.02 | 9 |
| Jan ’26 | ر.س24.66 | ر.س33.52 +35.94% | 14.61% | ر.س45.10 | ر.س27.50 | ر.س15.20 | 9 |
| Dec ’25 | ر.س24.86 | ر.س34.71 +39.63% | 11.98% | ر.س45.10 | ر.س31.00 | ر.س16.77 | 8 |
| Nov ’25 | ر.س26.30 | ر.س36.26 +37.85% | 12.15% | ر.س45.10 | ر.س31.00 | ر.س18.90 | 9 |
| Oct ’25 | ر.س29.25 | ر.س37.77 +29.12% | 11.32% | ر.س45.10 | ر.س31.00 | ر.س20.42 | 9 |
| Sep ’25 | ر.س29.25 | ر.س37.77 +29.12% | 11.32% | ر.س45.10 | ر.س31.00 | ر.س19.34 | 9 |
| Aug ’25 | ر.س28.45 | ر.س37.64 +32.30% | 11.67% | ر.س45.10 | ر.س31.50 | ر.س17.90 | 10 |
| Jul ’25 | ر.س28.85 | ر.س38.67 +34.04% | 10.75% | ر.س45.10 | ر.س31.50 | ر.س19.88 | 10 |
| Jun ’25 | ر.س29.85 | ر.س38.77 +29.88% | 10.95% | ر.س45.10 | ر.س31.50 | ر.س18.96 | 10 |
| May ’25 | ر.س33.70 | ر.س38.77 +15.04% | 10.95% | ر.س45.10 | ر.س31.50 | ر.س18.78 | 10 |
| Apr ’25 | ر.س32.95 | ر.س38.77 +17.66% | 10.95% | ر.س45.10 | ر.س31.50 | ر.س20.80 | 10 |
Analyst Forecast: Target price is less than 20% higher than the current share price.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/13 13:22 |
| End of Day Share Price | 2026/04/13 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Sahara International Petrochemical Company is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jassim Al-Jubran | Aljazira Capital Company |
| null null | Al Rajhi Capital |
| Soha Saniour | Arqaam Capital Research Offshore S.A.L. |