Saudi Vitrified Clay Pipe Company

SASE:2360 Stock Report

Market Cap: ر.س675.0m

Saudi Vitrified Clay Pipe Valuation

Is 2360 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 2360 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2360 (SAR45.2) is trading above our estimate of fair value (SAR7.81)

Significantly Below Fair Value: 2360 is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2360?

Other financial metrics that can be useful for relative valuation.

2360 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/Revenue7.4x
Enterprise Value/EBITDA-169.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 2360's PS Ratio compare to its peers?

The above table shows the PS ratio for 2360 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average9.4x
3005 Umm Al-Qura Cement
5.4x14.2%ر.س920.7m
2090 National Gypsum
17.1xn/aر.س870.8m
3008 Al Kathiri Holding
5.1xn/aر.س664.6m
9575 Marble Design Factory
10.1xn/aر.س570.0m
2360 Saudi Vitrified Clay Pipe
7.9xn/aر.س675.0m

Price-To-Sales vs Peers: 2360 is good value based on its Price-To-Sales Ratio (7.9x) compared to the peer average (9.4x).


Price to Earnings Ratio vs Industry

How does 2360's PE Ratio compare vs other companies in the SA Basic Materials Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.4%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a7.4%
n/an/an/a
No more companies

Price-To-Sales vs Industry: 2360 is expensive based on its Price-To-Sales Ratio (7.9x) compared to the SA Basic Materials industry average (4.9x).


Price to Sales Ratio vs Fair Ratio

What is 2360'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.

2360 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio7.9x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2360's Price-To-Sales Fair Ratio for valuation analysis.


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.


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