Saudi Cement Valuation
Is 3030 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 3030 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3030 (SAR45.9) is trading above our estimate of fair value (SAR42.8)
Significantly Below Fair Value: 3030 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3030?
Other financial metrics that can be useful for relative valuation.
| What is 3030's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س7.02b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5x |
| Enterprise Value/EBITDA | 12.8x |
| PEG Ratio | 5.5x |
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 | 31.9x | ||
3020 Yamama Saudi Cement | 23.2x | 6.1% | ر.س7.1b |
3050 Southern Province Cement | 28.6x | 5.9% | ر.س5.6b |
3060 Yanbu Cement | 38.4x | 13.9% | ر.س4.6b |
3040 Qassim Cement | 37.4x | 19.5% | ر.س5.3b |
3030 Saudi Cement | 18.4x | 3.4% | ر.س7.0b |
Price-To-Earnings vs Peers: 3030 is good value based on its Price-To-Earnings Ratio (18.4x) compared to the peer average (31.9x).
Price to Earnings Ratio vs Industry
How does 3030's PE Ratio compare vs other companies in the SA Basic Materials Industry?
Price-To-Earnings vs Industry: 3030 is good value based on its Price-To-Earnings Ratio (18.4x) compared to the SA Basic Materials industry average (27.2x).
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 | 18.4x |
| Fair PE Ratio | 17.8x |
Price-To-Earnings vs Fair Ratio: 3030 is expensive based on its Price-To-Earnings Ratio (18.4x) compared to the estimated Fair Price-To-Earnings Ratio (17.8x).
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.س45.90 | ر.س54.06 +17.8% | 10.6% | ر.س63.00 | ر.س43.00 | n/a | 8 |
| Apr ’25 | ر.س46.75 | ر.س56.44 +20.7% | 6.2% | ر.س63.00 | ر.س50.00 | n/a | 7 |
| Mar ’25 | ر.س46.70 | ر.س57.98 +24.2% | 8.0% | ر.س63.30 | ر.س50.00 | n/a | 6 |
| Feb ’25 | ر.س47.70 | ر.س57.98 +21.6% | 8.0% | ر.س63.30 | ر.س50.00 | n/a | 6 |
| Jan ’25 | ر.س52.40 | ر.س59.21 +13.0% | 5.1% | ر.س63.30 | ر.س56.00 | n/a | 7 |
| Dec ’24 | ر.س52.80 | ر.س60.86 +15.3% | 4.0% | ر.س63.30 | ر.س56.00 | n/a | 7 |
| Nov ’24 | ر.س50.10 | ر.س61.16 +22.1% | 4.6% | ر.س65.40 | ر.س56.00 | n/a | 7 |
| Oct ’24 | ر.س52.50 | ر.س61.16 +16.5% | 4.6% | ر.س65.40 | ر.س56.00 | n/a | 7 |
| Sep ’24 | ر.س54.10 | ر.س61.16 +13.0% | 4.6% | ر.س65.40 | ر.س56.00 | n/a | 7 |
| Aug ’24 | ر.س58.30 | ر.س59.67 +2.4% | 8.4% | ر.س65.60 | ر.س50.00 | n/a | 7 |
| Jul ’24 | n/a | ر.س59.67 0% | 8.4% | ر.س65.60 | ر.س50.00 | n/a | 7 |
| Jun ’24 | ر.س60.00 | ر.س58.08 -3.2% | 10.4% | ر.س65.60 | ر.س50.00 | n/a | 6 |
| May ’24 | ر.س56.20 | ر.س52.70 -6.2% | 3.6% | ر.س55.00 | ر.س50.00 | ر.س45.90 | 4 |
| Apr ’24 | ر.س56.00 | ر.س50.87 -9.2% | 1.5% | ر.س51.90 | ر.س50.00 | ر.س46.75 | 3 |
| Mar ’24 | ر.س52.50 | ر.س53.65 +2.2% | 6.8% | ر.س59.70 | ر.س50.00 | ر.س46.70 | 4 |
| Feb ’24 | ر.س52.50 | ر.س53.65 +2.2% | 6.8% | ر.س59.70 | ر.س50.00 | ر.س47.70 | 4 |
| Jan ’24 | ر.س52.20 | ر.س54.54 +4.5% | 6.8% | ر.س59.70 | ر.س50.00 | ر.س52.40 | 5 |
| Dec ’23 | ر.س52.00 | ر.س55.20 +6.2% | 7.0% | ر.س59.70 | ر.س50.00 | ر.س52.80 | 4 |
| Nov ’23 | ر.س53.40 | ر.س55.60 +4.1% | 6.4% | ر.س59.70 | ر.س50.00 | ر.س50.10 | 5 |
| Oct ’23 | ر.س52.20 | ر.س55.60 +6.5% | 6.4% | ر.س59.70 | ر.س50.00 | ر.س52.50 | 5 |
| Sep ’23 | ر.س54.80 | ر.س55.76 +1.8% | 6.7% | ر.س60.50 | ر.س50.00 | ر.س54.10 | 5 |
| Aug ’23 | ر.س53.60 | ر.س55.76 +4.0% | 6.7% | ر.س60.50 | ر.س50.00 | ر.س58.30 | 5 |
| Jul ’23 | ر.س50.90 | ر.س55.76 +9.5% | 6.7% | ر.س60.50 | ر.س50.00 | n/a | 5 |
| Jun ’23 | ر.س56.20 | ر.س57.20 +1.8% | 4.7% | ر.س60.50 | ر.س53.00 | ر.س60.00 | 4 |
| May ’23 | ر.س57.80 | ر.س57.20 -1.0% | 4.7% | ر.س60.50 | ر.س53.00 | ر.س56.20 | 4 |
Analyst Forecast: Target price is less than 20% higher than the current share price.