Arabian Cement Valuation
Is 3010 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
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 3010 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3010 (SAR30.65) is trading above our estimate of fair value (SAR14.73)
Significantly Below Fair Value: 3010 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3010?
Other financial metrics that can be useful for relative valuation.
| What is 3010's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س3.08b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 3.5x |
| Enterprise Value/EBITDA | 10.9x |
| PEG Ratio | 4.3x |
Price to Earnings Ratio vs Peers
How does 3010's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 24.6x | ||
3092 Riyadh Cement | 17.5x | 5.1% | ر.س3.3b |
3080 Eastern Province Cement | 14.5x | -8.1% | ر.س2.9b |
3003 City Cement | 28x | 7.0% | ر.س2.9b |
3060 Yanbu Cement | 38.4x | 13.9% | ر.س4.6b |
3010 Arabian Cement | 22x | 5.1% | ر.س3.1b |
Price-To-Earnings vs Peers: 3010 is good value based on its Price-To-Earnings Ratio (22x) compared to the peer average (24.6x).
Price to Earnings Ratio vs Industry
How does 3010's PE Ratio compare vs other companies in the SA Basic Materials Industry?
Price-To-Earnings vs Industry: 3010 is good value based on its Price-To-Earnings Ratio (22x) compared to the SA Basic Materials industry average (27.2x).
Price to Earnings Ratio vs Fair Ratio
What is 3010'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 | 22x |
| Fair PE Ratio | 16.5x |
Price-To-Earnings vs Fair Ratio: 3010 is expensive based on its Price-To-Earnings Ratio (22x) compared to the estimated Fair Price-To-Earnings Ratio (16.5x).
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.س30.65 | ر.س35.10 +14.5% | 12.1% | ر.س42.00 | ر.س30.00 | n/a | 6 |
| Apr ’25 | ر.س32.25 | ر.س35.32 +9.5% | 13.1% | ر.س42.00 | ر.س30.00 | n/a | 5 |
| Mar ’25 | ر.س32.80 | ر.س36.58 +11.5% | 11.9% | ر.س42.00 | ر.س30.00 | n/a | 4 |
| Feb ’25 | ر.س31.25 | ر.س36.00 +15.2% | 13.6% | ر.س42.00 | ر.س30.00 | n/a | 3 |
| Jan ’25 | ر.س34.40 | ر.س38.05 +10.6% | 8.4% | ر.س42.00 | ر.س34.00 | n/a | 4 |
| Dec ’24 | ر.س35.90 | ر.س38.23 +6.5% | 8.9% | ر.س42.70 | ر.س34.00 | n/a | 4 |
| Nov ’24 | ر.س31.50 | ر.س39.98 +26.9% | 9.0% | ر.س43.00 | ر.س34.00 | n/a | 4 |
| Oct ’24 | ر.س33.15 | ر.س39.98 +20.6% | 9.0% | ر.س43.00 | ر.س34.00 | n/a | 4 |
| Sep ’24 | ر.س34.50 | ر.س39.98 +15.9% | 9.0% | ر.س43.00 | ر.س34.00 | n/a | 4 |
| Aug ’24 | ر.س39.10 | ر.س40.98 +4.8% | 5.0% | ر.س43.00 | ر.س38.00 | n/a | 4 |
| Jul ’24 | n/a | ر.س40.30 0% | 4.8% | ر.س42.70 | ر.س38.00 | n/a | 3 |
| Jun ’24 | ر.س38.10 | ر.س38.30 +0.5% | 0.8% | ر.س38.60 | ر.س38.00 | n/a | 2 |
| May ’24 | ر.س35.70 | ر.س38.30 +7.3% | 0.8% | ر.س38.60 | ر.س38.00 | ر.س30.65 | 2 |
| Apr ’24 | ر.س36.30 | ر.س38.30 +5.5% | 0.8% | ر.س38.60 | ر.س38.00 | ر.س32.25 | 2 |
| Mar ’24 | ر.س34.50 | ر.س41.38 +19.9% | 7.6% | ر.س45.30 | ر.س38.00 | ر.س32.80 | 4 |
| Feb ’24 | ر.س35.00 | ر.س41.38 +18.2% | 7.6% | ر.س45.30 | ر.س38.00 | ر.س31.25 | 4 |
| Jan ’24 | ر.س33.90 | ر.س39.88 +17.6% | 13.0% | ر.س45.30 | ر.س32.00 | ر.س34.40 | 4 |
| Dec ’23 | ر.س34.65 | ر.س41.90 +20.9% | 13.5% | ر.س48.60 | ر.س32.00 | ر.س35.90 | 5 |
| Nov ’23 | ر.س37.05 | ر.س41.90 +13.1% | 13.5% | ر.س48.60 | ر.س32.00 | ر.س31.50 | 5 |
| Oct ’23 | ر.س35.60 | ر.س41.90 +17.7% | 13.5% | ر.س48.60 | ر.س32.00 | ر.س33.15 | 5 |
| Sep ’23 | ر.س37.65 | ر.س41.90 +11.3% | 13.5% | ر.س48.60 | ر.س32.00 | ر.س34.50 | 5 |
| Aug ’23 | ر.س37.90 | ر.س41.48 +9.4% | 15.1% | ر.س48.60 | ر.س32.00 | ر.س39.10 | 4 |
| Jul ’23 | ر.س33.70 | ر.س42.10 +24.9% | 13.7% | ر.س48.60 | ر.س32.00 | n/a | 5 |
| Jun ’23 | ر.س37.95 | ر.س44.63 +17.6% | 6.9% | ر.س48.60 | ر.س40.00 | ر.س38.10 | 4 |
| May ’23 | ر.س41.95 | ر.س44.63 +6.4% | 6.9% | ر.س48.60 | ر.س40.00 | ر.س35.70 | 4 |
Analyst Forecast: Target price is less than 20% higher than the current share price.