Southern Province Cement Valuation
Is 3050 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
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 3050 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3050 (SAR39.65) is trading above our estimate of fair value (SAR28.24)
Significantly Below Fair Value: 3050 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3050?
Other financial metrics that can be useful for relative valuation.
| What is 3050's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س5.57b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 5.2x |
| Enterprise Value/EBITDA | 14.1x |
| PEG Ratio | 4.8x |
Price to Earnings Ratio vs Peers
How does 3050's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 29.7x | ||
3040 Qassim Cement | 36.4x | 19.5% | ر.س5.1b |
3060 Yanbu Cement | 37.1x | 13.9% | ر.س4.4b |
3030 Saudi Cement | 18.9x | 3.4% | ر.س7.1b |
3003 City Cement | 26.5x | 7.0% | ر.س2.7b |
3050 Southern Province Cement | 28.4x | 5.9% | ر.س5.6b |
Price-To-Earnings vs Peers: 3050 is good value based on its Price-To-Earnings Ratio (28.4x) compared to the peer average (29.7x).
Price to Earnings Ratio vs Industry
How does 3050's PE Ratio compare vs other companies in the SA Basic Materials Industry?
Price-To-Earnings vs Industry: 3050 is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the SA Basic Materials industry average (26.8x).
Price to Earnings Ratio vs Fair Ratio
What is 3050'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 | 28.4x |
| Fair PE Ratio | 18.3x |
Price-To-Earnings vs Fair Ratio: 3050 is expensive based on its Price-To-Earnings Ratio (28.4x) compared to the estimated Fair Price-To-Earnings Ratio (18.3x).
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.س39.65 | ر.س39.18 -1.2% | 13.2% | ر.س42.90 | ر.س28.00 | n/a | 6 |
| Apr ’25 | ر.س39.25 | ر.س43.02 +9.6% | 4.9% | ر.س47.00 | ر.س40.70 | n/a | 5 |
| Mar ’25 | ر.س39.95 | ر.س46.03 +15.2% | 9.3% | ر.س52.60 | ر.س42.00 | n/a | 4 |
| Feb ’25 | ر.س38.75 | ر.س45.85 +18.3% | 8.7% | ر.س51.90 | ر.س42.00 | n/a | 4 |
| Jan ’25 | ر.س42.50 | ر.س50.28 +18.3% | 14.9% | ر.س64.00 | ر.س42.50 | n/a | 5 |
| Dec ’24 | ر.س42.50 | ر.س52.08 +22.5% | 12.3% | ر.س64.00 | ر.س46.00 | n/a | 5 |
| Nov ’24 | ر.س40.80 | ر.س51.64 +26.6% | 12.5% | ر.س64.00 | ر.س46.00 | n/a | 5 |
| Oct ’24 | ر.س44.10 | ر.س51.64 +17.1% | 12.5% | ر.س64.00 | ر.س46.00 | n/a | 5 |
| Sep ’24 | ر.س46.75 | ر.س51.64 +10.5% | 12.5% | ر.س64.00 | ر.س46.00 | n/a | 5 |
| Aug ’24 | ر.س49.75 | ر.س54.10 +8.7% | 11.2% | ر.س64.00 | ر.س48.00 | n/a | 5 |
| Jul ’24 | n/a | ر.س54.02 0% | 11.1% | ر.س64.00 | ر.س48.00 | n/a | 5 |
| Jun ’24 | ر.س51.80 | ر.س53.56 +3.4% | 7.9% | ر.س58.00 | ر.س48.00 | n/a | 5 |
| May ’24 | ر.س52.40 | ر.س52.50 +0.2% | 4.9% | ر.س55.20 | ر.س49.00 | n/a | 3 |
| Apr ’24 | ر.س49.95 | ر.س56.73 +13.6% | 12.4% | ر.س66.00 | ر.س49.00 | ر.س39.25 | 3 |
| Mar ’24 | ر.س50.30 | ر.س60.70 +20.7% | 12.0% | ر.س67.20 | ر.س49.00 | ر.س39.95 | 5 |
| Feb ’24 | ر.س50.30 | ر.س60.70 +20.7% | 12.0% | ر.س67.20 | ر.س49.00 | ر.س38.75 | 5 |
| Jan ’24 | ر.س51.60 | ر.س59.90 +16.1% | 14.4% | ر.س67.20 | ر.س45.00 | ر.س42.50 | 5 |
| Dec ’23 | ر.س51.30 | ر.س61.46 +19.8% | 13.6% | ر.س67.20 | ر.س45.00 | ر.س42.50 | 5 |
| Nov ’23 | ر.س54.30 | ر.س63.68 +17.3% | 13.8% | ر.س72.00 | ر.س45.00 | ر.س40.80 | 6 |
| Oct ’23 | ر.س54.40 | ر.س63.68 +17.1% | 13.8% | ر.س72.00 | ر.س45.00 | ر.س44.10 | 6 |
| Sep ’23 | ر.س57.20 | ر.س63.68 +11.3% | 13.8% | ر.س72.00 | ر.س45.00 | ر.س46.75 | 6 |
| Aug ’23 | ر.س58.90 | ر.س64.15 +8.9% | 14.0% | ر.س72.00 | ر.س45.00 | ر.س49.75 | 6 |
| Jul ’23 | ر.س57.40 | ر.س64.15 +11.8% | 14.0% | ر.س72.00 | ر.س45.00 | n/a | 6 |
| Jun ’23 | ر.س57.90 | ر.س67.98 +17.4% | 4.3% | ر.س72.00 | ر.س63.00 | ر.س51.80 | 5 |
| May ’23 | ر.س66.80 | ر.س69.50 +4.0% | 2.5% | ر.س72.00 | ر.س67.20 | ر.س52.40 | 4 |
| Apr ’23 | ر.س70.50 | ر.س70.25 -0.4% | 4.1% | ر.س75.00 | ر.س67.20 | ر.س49.95 | 4 |
Analyst Forecast: Target price is lower than the current share price.