City Cement Company

SASE:3003 Stock Report

Market Cap: ر.س1.8b

City Cement Valuation

Is 3003 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 3003 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3003 (SAR12.73) is trading below our estimate of fair value (SAR35.88)

Significantly Below Fair Value: 3003 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3003?

Key metric: As 3003 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 3003. This is calculated by dividing 3003's market cap by their current earnings.
What is 3003's PE Ratio?
PE Ratio12.9x
Earningsر.س137.76m
Market Capر.س1.78b

Price to Earnings Ratio vs Peers

How does 3003's PE Ratio compare to its peers?

The above table shows the PE ratio for 3003 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.6x
3080 Eastern Province Cement
9.2x2.66%ر.س2.1b
3092 Riyadh Cement
12.5x13.11%ر.س2.9b
3060 Yanbu Cement
21.4xn/aر.س2.3b
3010 Arabian Cement
15.5xn/aر.س2.2b
3003 City Cement
12.9xn/aر.س1.8b

Price-To-Earnings vs Peers: 3003 is good value based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (14.6x).

Price to Earnings Ratio vs Industry

How does 3003's PE Ratio compare vs other companies in the Asian Basic Materials Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
3003 12.9xIndustry Avg. 15.2xNo. of Companies43PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 3003 is good value based on its Price-To-Earnings Ratio (12.9x) compared to the Asian Basic Materials industry average (15x).

Price to Earnings Ratio vs Fair Ratio

What is 3003'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.

3003 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3003's Price-To-Earnings 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?

The above table shows the analyst 3003 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentر.س12.73
ر.س21.05
+65.36%
16.86%ر.س24.60ر.س17.50n/a2
Dec ’26ر.س12.69
ر.س21.05
+65.88%
16.86%ر.س24.60ر.س17.50n/a2
Nov ’26ر.س14.58
ر.س21.05
+44.38%
16.86%ر.س24.60ر.س17.50n/a2
Oct ’26ر.س15.77
ر.س21.03
+33.38%
12.94%ر.س24.60ر.س18.00n/a3
Sep ’26ر.س15.91
ر.س21.03
+32.20%
12.94%ر.س24.60ر.س18.00n/a3
Aug ’26ر.س16.72
ر.س21.03
+25.80%
12.94%ر.س24.60ر.س18.00n/a3
Jul ’26ر.س17.51
ر.س21.03
+20.12%
12.94%ر.س24.60ر.س18.00n/a3
Jun ’26ر.س17.98
ر.س20.78
+15.55%
11.54%ر.س24.60ر.س18.00n/a4
May ’26ر.س20.20
ر.س20.78
+2.85%
11.54%ر.س24.60ر.س18.00n/a4
Apr ’26ر.س21.00
ر.س20.78
-1.07%
11.54%ر.س24.60ر.س18.00n/a4
Mar ’26ر.س19.38
ر.س20.33
+4.88%
8.40%ر.س22.80ر.س18.00n/a4
Feb ’26ر.س20.68
ر.س20.33
-1.72%
8.40%ر.س22.80ر.س18.00n/a4
Jan ’26ر.س18.10
ر.س20.33
+12.29%
8.40%ر.س22.80ر.س18.00ر.س12.734
Dec ’25ر.س17.74
ر.س20.43
+15.18%
9.59%ر.س22.80ر.س18.00ر.س12.693
Nov ’25ر.س17.58
ر.س20.78
+18.17%
11.54%ر.س24.60ر.س18.00ر.س14.584
Oct ’25ر.س17.66
ر.س22.53
+27.55%
13.85%ر.س26.50ر.س19.00ر.س15.774
Sep ’25ر.س17.86
ر.س22.53
+26.12%
13.85%ر.س26.50ر.س19.00ر.س15.914
Aug ’25ر.س18.12
ر.س22.53
+24.31%
13.85%ر.س26.50ر.س19.00ر.س16.724
Jul ’25ر.س19.62
ر.س22.42
+14.27%
12.48%ر.س26.50ر.س19.00ر.س17.515
Jun ’25ر.س18.36
ر.س22.42
+22.11%
12.48%ر.س26.50ر.س19.00ر.س17.985
May ’25ر.س20.32
ر.س21.74
+6.99%
11.92%ر.س26.50ر.س19.00ر.س20.205
Apr ’25ر.س20.70
ر.س23.23
+12.24%
10.04%ر.س26.50ر.س21.20ر.س21.003
Mar ’25ر.س19.10
ر.س23.23
+21.64%
10.04%ر.س26.50ر.س21.20ر.س19.383
Feb ’25ر.س17.40
ر.س21.60
+24.14%
1.85%ر.س22.00ر.س21.20ر.س20.682
Jan ’25ر.س20.28
ر.س23.63
+16.54%
12.25%ر.س27.70ر.س21.20ر.س18.103
ر.س21.05
Fair Value
39.5% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/02 15:21
End of Day Share Price 2026/01/01 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

City Cement Company is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Mohamad HaidarArqaam Capital Research Offshore S.A.L.
Jaap MeijerArqaam Capital Research Offshore S.A.L.