Advanced Petrochemical Valuation
Is 2330 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2330?
Other financial metrics that can be useful for relative valuation.
| What is 2330's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ر.س11.77b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5.8x |
| Enterprise Value/EBITDA | 32.4x |
| PEG Ratio | 1.3x |
Price to Earnings Ratio vs Peers
How does 2330's PE Ratio compare to its peers?
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 17x | ||
2060 National Industrialization | 23x | 26.2% | ر.س10.1b |
2223 Saudi Aramco Base Oil Company - Luberef | 11.2x | -2.9% | ر.س23.3b |
2310 Sahara International Petrochemical | 9x | -6.5% | ر.س26.9b |
2010 Saudi Basic Industries | 25x | 19.9% | ر.س269.1b |
2330 Advanced Petrochemical | 68.9x | 51.5% | ر.س11.8b |
Price-To-Earnings vs Peers: 2330 is expensive based on its Price-To-Earnings Ratio (68.1x) compared to the peer average (17x).
Price to Earnings Ratio vs Industry
How does 2330's PE Ratio compare vs other companies in the Asian Chemicals Industry?
Price-To-Earnings vs Industry: 2330 is expensive based on its Price-To-Earnings Ratio (68.1x) compared to the Asian Chemicals industry average (19.5x)
Price to Earnings Ratio vs Fair Ratio
What is 2330'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 | 68.9x |
| Fair PE Ratio | 55.5x |
Price-To-Earnings vs Fair Ratio: 2330 is expensive based on its Price-To-Earnings Ratio (68.9x) compared to the estimated Fair Price-To-Earnings Ratio (55.5x).
Share Price vs Fair Value
What is the Fair Price of 2330 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2330 (SAR45.4) is trading above our estimate of fair value (SAR39.76)
Significantly Below Fair Value: 2330 is trading above our estimate of fair value.
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.س45.95 | ر.س45.56 -0.8% | 16.1% | ر.س56.00 | ر.س29.00 | n/a | 9 |
| May ’24 | ر.س47.60 | ر.س45.45 -4.5% | 16.7% | ر.س56.00 | ر.س29.00 | n/a | 9 |
| Apr ’24 | ر.س47.80 | ر.س43.34 -9.3% | 25.4% | ر.س56.00 | ر.س15.00 | n/a | 9 |
| Mar ’24 | ر.س47.00 | ر.س43.60 -7.2% | 25.8% | ر.س58.00 | ر.س15.00 | n/a | 9 |
| Feb ’24 | ر.س45.80 | ر.س43.60 -4.8% | 25.8% | ر.س58.00 | ر.س15.00 | n/a | 9 |
| Jan ’24 | ر.س42.25 | ر.س50.52 +19.6% | 17.3% | ر.س69.00 | ر.س39.93 | n/a | 10 |
| Dec ’23 | ر.س41.45 | ر.س51.73 +24.8% | 15.4% | ر.س69.00 | ر.س43.00 | n/a | 10 |
| Nov ’23 | ر.س43.75 | ر.س55.51 +26.9% | 17.2% | ر.س75.00 | ر.س43.56 | n/a | 10 |
| Oct ’23 | ر.س44.65 | ر.س57.50 +28.8% | 17.9% | ر.س78.00 | ر.س44.00 | n/a | 10 |
| Sep ’23 | ر.س49.00 | ر.س59.90 +22.3% | 18.8% | ر.س78.00 | ر.س44.00 | n/a | 10 |
| Aug ’23 | ر.س51.90 | ر.س60.26 +16.1% | 18.8% | ر.س78.00 | ر.س44.00 | n/a | 10 |
| Jul ’23 | ر.س51.40 | ر.س61.55 +19.7% | 17.7% | ر.س78.00 | ر.س44.00 | n/a | 10 |
| Jun ’23 | ر.س57.50 | ر.س63.94 +11.2% | 17.2% | ر.س78.00 | ر.س44.00 | ر.س44.50 | 9 |
| May ’23 | ر.س67.10 | ر.س60.97 -9.1% | 17.3% | ر.س80.00 | ر.س44.00 | ر.س47.60 | 10 |
| Apr ’23 | ر.س70.50 | ر.س61.92 -12.2% | 12.7% | ر.س75.00 | ر.س47.50 | ر.س47.80 | 9 |
| Mar ’23 | ر.س64.50 | ر.س61.94 -4.0% | 12.8% | ر.س75.00 | ر.س47.50 | ر.س47.00 | 9 |
| Feb ’23 | ر.س62.58 | ر.س62.04 -0.9% | 12.6% | ر.س75.00 | ر.س47.50 | ر.س45.80 | 9 |
| Jan ’23 | ر.س58.67 | ر.س62.72 +6.9% | 12.4% | ر.س75.00 | ر.س47.50 | ر.س42.25 | 9 |
| Dec ’22 | ر.س58.17 | ر.س63.00 +8.3% | 12.3% | ر.س75.00 | ر.س47.50 | ر.س41.45 | 9 |
| Nov ’22 | ر.س61.67 | ر.س63.64 +3.2% | 11.4% | ر.س75.00 | ر.س47.50 | ر.س43.75 | 9 |
| Oct ’22 | ر.س62.50 | ر.س63.86 +2.2% | 12.2% | ر.س75.00 | ر.س47.50 | ر.س44.65 | 9 |
| Sep ’22 | ر.س59.92 | ر.س63.65 +6.2% | 12.9% | ر.س75.00 | ر.س45.83 | ر.س49.00 | 9 |
| Aug ’22 | ر.س61.83 | ر.س63.09 +2.0% | 13.4% | ر.س75.00 | ر.س45.83 | ر.س51.90 | 9 |
| Jul ’22 | ر.س60.08 | ر.س63.46 +5.6% | 13.7% | ر.س75.00 | ر.س45.83 | ر.س51.40 | 9 |
| Jun ’22 | ر.س68.75 | ر.س62.35 -9.3% | 14.9% | ر.س75.00 | ر.س45.83 | ر.س57.50 | 9 |
Analyst Forecast: Target price is less than 20% higher than the current share price.