Saudi Cement Valuation
Is 3030 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
6/6Valuation Score 6/6
Below Future Cash Flow Value
Significantly Below Future Cash Flow 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 3030 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: 3030 (SAR28.2) is trading below our estimate of future cash flow value (SAR40.22)
Significantly Below Future Cash Flow Value: 3030 is trading below future cash flow value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3030?
Key metric: As 3030 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is 3030's PE Ratio? | |
|---|---|
| PE Ratio | 11.9x |
| Earnings | ر.س361.94m |
| Market Cap | ر.س4.30b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.8x |
| Enterprise Value/EBITDA | 7.6x |
| PEG Ratio | 3x |
Price to Earnings Ratio vs Peers
How does 3030's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 16.6x | ||
3020 YAMAMA Cement | 9.6x | 2.33% | ر.س4.7b |
3092 Riyadh Cement | 15.4x | 6.98% | ر.س2.8b |
3040 Qassim Cement | 21.7x | 8.66% | ر.س5.0b |
3060 Yanbu Cement | 19.7x | 4.38% | ر.س2.4b |
3030 Saudi Cement | 11.9x | 3.95% | ر.س4.3b |
Price-To-Earnings vs Peers: 3030 is good value based on its Price-To-Earnings Ratio (11.9x) compared to the peer average (16.6x).
Historical Price to Earnings Ratio
Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.
Fetching historical data
Price to Earnings Ratio vs Industry
How does 3030's PE Ratio compare vs other companies in the Asian Basic Materials Industry?
| 2 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 2 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: 3030 is good value based on its Price-To-Earnings Ratio (11.9x) compared to the Asian Basic Materials industry average (14.8x).
Price to Earnings Ratio vs Fair Ratio
What is 3030'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 | 11.9x |
| Fair PE Ratio | 17.2x |
Price-To-Earnings vs Fair Ratio: 3030 is good value based on its Price-To-Earnings Ratio (11.9x) compared to the estimated Fair Price-To-Earnings Ratio (17.2x).
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.س28.20 | ر.س37.28 +32.20% | 8.15% | ر.س41.70 | ر.س33.00 | n/a | 5 |
| Sep ’27 | ر.س28.58 | ر.س37.28 +30.44% | 8.15% | ر.س41.70 | ر.س33.00 | n/a | 5 |
| Aug ’27 | ر.س28.40 | ر.س37.14 +30.77% | 8.04% | ر.س41.70 | ر.س33.00 | n/a | 5 |
| Jul ’27 | ر.س30.20 | ر.س37.56 +24.37% | 7.41% | ر.س41.70 | ر.س33.00 | n/a | 5 |
| Jun ’27 | ر.س32.12 | ر.س39.36 +22.54% | 5.26% | ر.س42.00 | ر.س37.00 | n/a | 5 |
| May ’27 | ر.س34.06 | ر.س39.32 +15.44% | 5.34% | ر.س42.00 | ر.س37.00 | n/a | 5 |
| Apr ’27 | ر.س34.82 | ر.س41.36 +18.78% | 9.69% | ر.س48.30 | ر.س37.00 | n/a | 5 |
| Mar ’27 | ر.س31.88 | ر.س43.10 +35.19% | 7.10% | ر.س48.30 | ر.س40.40 | n/a | 4 |
| Feb ’27 | ر.س35.96 | ر.س44.75 +24.44% | 8.03% | ر.س48.30 | ر.س40.40 | n/a | 4 |
| Jan ’27 | ر.س34.58 | ر.س44.75 +29.41% | 8.03% | ر.س48.30 | ر.س40.40 | n/a | 4 |
| Dec ’26 | ر.س35.88 | ر.س44.75 +24.72% | 8.03% | ر.س48.30 | ر.س40.40 | n/a | 4 |
| Nov ’26 | ر.س38.26 | ر.س47.94 +25.30% | 9.15% | ر.س55.40 | ر.س42.00 | n/a | 5 |
| Oct ’26 | ر.س40.52 | ر.س48.54 +19.79% | 7.58% | ر.س55.40 | ر.س45.00 | n/a | 5 |
| Sep ’26 | ر.س38.30 | ر.س48.54 +26.74% | 7.58% | ر.س55.40 | ر.س45.00 | ر.س28.58 | 5 |
| Aug ’26 | ر.س38.24 | ر.س49.32 +28.97% | 7.90% | ر.س55.00 | ر.س45.00 | ر.س28.40 | 5 |
| Jul ’26 | ر.س39.30 | ر.س49.32 +25.50% | 7.90% | ر.س55.00 | ر.س45.00 | ر.س30.20 | 5 |
| Jun ’26 | ر.س40.20 | ر.س48.10 +19.65% | 9.32% | ر.س55.00 | ر.س42.00 | ر.س32.12 | 6 |
| May ’26 | ر.س43.40 | ر.س48.07 +10.75% | 9.22% | ر.س54.80 | ر.س42.00 | ر.س34.06 | 6 |
| Apr ’26 | ر.س45.00 | ر.س48.07 +6.81% | 9.22% | ر.س54.80 | ر.س42.00 | ر.س34.82 | 6 |
| Mar ’26 | ر.س41.30 | ر.س47.88 +15.94% | 8.69% | ر.س53.70 | ر.س42.00 | ر.س31.88 | 6 |
| Feb ’26 | ر.س43.30 | ر.س48.17 +11.24% | 8.80% | ر.س53.70 | ر.س42.00 | ر.س35.96 | 6 |
| Jan ’26 | ر.س42.70 | ر.س48.92 +14.56% | 11.02% | ر.س58.20 | ر.س42.00 | ر.س34.58 | 6 |
| Dec ’25 | ر.س41.30 | ر.س50.30 +21.79% | 9.62% | ر.س58.20 | ر.س45.00 | ر.س35.88 | 5 |
| Nov ’25 | ر.س40.20 | ر.س49.18 +22.34% | 9.34% | ر.س55.30 | ر.س43.00 | ر.س38.26 | 5 |
| Oct ’25 | ر.س41.65 | ر.س50.22 +20.58% | 8.25% | ر.س55.50 | ر.س43.00 | ر.س40.52 | 5 |
| Sep ’25 | ر.س41.45 | ر.س50.42 +21.63% | 8.19% | ر.س56.90 | ر.س43.00 | ر.س38.30 | 6 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/13 14:20 |
| End of Day Share Price | 2026/09/13 00:00 |
| Earnings | 2026/06/30 |
| 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 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
Saudi Cement Company is covered by 15 analysts. 4 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 |
| Kais Kriaa | AlphaMena |
| Fadwa Aouini | AlphaMena |