Eastern Province Cement Valuation
Is 3080 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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 3080 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3080 (SAR33.1) is trading above our estimate of fair value (SAR11.01)
Significantly Below Fair Value: 3080 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3080?
Other financial metrics that can be useful for relative valuation.
| What is 3080's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س2.85b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.8x |
| Enterprise Value/EBITDA | 8.1x |
| PEG Ratio | -1.8x |
Price to Earnings Ratio vs Peers
How does 3080's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 24.5x | ||
3092 Riyadh Cement | 17.5x | 5.1% | ر.س3.3b |
3010 Arabian Cement | 21.9x | 5.1% | ر.س3.1b |
3003 City Cement | 27.3x | 7.0% | ر.س2.8b |
3004 Northern Region Cement | 31.4x | n/a | ر.س1.8b |
3080 Eastern Province Cement | 14.4x | -8.1% | ر.س2.8b |
Price-To-Earnings vs Peers: 3080 is good value based on its Price-To-Earnings Ratio (14.4x) compared to the peer average (24.5x).
Price to Earnings Ratio vs Industry
How does 3080's PE Ratio compare vs other companies in the SA Basic Materials Industry?
Price-To-Earnings vs Industry: 3080 is good value based on its Price-To-Earnings Ratio (14.4x) compared to the SA Basic Materials industry average (27.7x).
Price to Earnings Ratio vs Fair Ratio
What is 3080'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 | 14.4x |
| Fair PE Ratio | 16.2x |
Price-To-Earnings vs Fair Ratio: 3080 is good value based on its Price-To-Earnings Ratio (14.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).
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.س33.10 | ر.س43.84 +32.4% | 9.1% | ر.س50.90 | ر.س40.00 | n/a | 5 |
| Apr ’25 | ر.س35.00 | ر.س47.55 +35.9% | 7.2% | ر.س51.00 | ر.س44.00 | n/a | 4 |
| Mar ’25 | ر.س35.85 | ر.س48.63 +35.7% | 6.7% | ر.س51.00 | ر.س44.00 | n/a | 3 |
| Feb ’25 | ر.س35.00 | ر.س48.63 +39.0% | 6.7% | ر.س51.00 | ر.س44.00 | n/a | 3 |
| Jan ’25 | ر.س38.05 | ر.س47.40 +24.6% | 7.5% | ر.س51.00 | ر.س43.70 | n/a | 4 |
| Dec ’24 | ر.س38.50 | ر.س48.93 +27.1% | 6.2% | ر.س51.00 | ر.س43.70 | n/a | 4 |
| Nov ’24 | ر.س36.75 | ر.س48.23 +31.2% | 6.7% | ر.س50.90 | ر.س43.70 | n/a | 3 |
| Oct ’24 | ر.س39.00 | ر.س48.23 +23.7% | 6.7% | ر.س50.90 | ر.س43.70 | n/a | 3 |
| Sep ’24 | ر.س42.50 | ر.س48.23 +13.5% | 6.7% | ر.س50.90 | ر.س43.70 | n/a | 3 |
| Aug ’24 | ر.س45.70 | ر.س45.60 -0.2% | 7.0% | ر.س50.10 | ر.س43.00 | n/a | 3 |
| Jul ’24 | n/a | ر.س45.60 0% | 7.0% | ر.س50.10 | ر.س43.00 | n/a | 3 |
| Jun ’24 | ر.س45.45 | ر.س41.95 -7.7% | 2.5% | ر.س43.00 | ر.س40.90 | n/a | 2 |
| May ’24 | ر.س42.50 | ر.س41.95 -1.3% | 2.5% | ر.س43.00 | ر.س40.90 | ر.س33.10 | 2 |
| Apr ’24 | ر.س40.50 | ر.س41.95 +3.6% | 2.5% | ر.س43.00 | ر.س40.90 | ر.س35.00 | 2 |
| Mar ’24 | ر.س40.85 | ر.س44.38 +8.6% | 5.7% | ر.س47.10 | ر.س40.90 | ر.س35.85 | 4 |
| Feb ’24 | ر.س43.90 | ر.س44.38 +1.1% | 5.7% | ر.س47.10 | ر.س40.90 | ر.س35.00 | 4 |
| Jan ’24 | ر.س40.95 | ر.س43.88 +7.1% | 6.7% | ر.س47.10 | ر.س40.90 | ر.س38.05 | 4 |
| Dec ’23 | ر.س39.25 | ر.س44.87 +14.3% | 6.1% | ر.س47.10 | ر.س41.00 | ر.س38.50 | 3 |
| Nov ’23 | ر.س43.20 | ر.س46.90 +8.6% | 9.1% | ر.س53.00 | ر.س41.00 | ر.س36.75 | 4 |
| Oct ’23 | ر.س44.80 | ر.س46.90 +4.7% | 9.1% | ر.س53.00 | ر.س41.00 | ر.س39.00 | 4 |
| Sep ’23 | ر.س44.10 | ر.س46.90 +6.3% | 9.1% | ر.س53.00 | ر.س41.00 | ر.س42.50 | 4 |
| Aug ’23 | ر.س43.95 | ر.س46.63 +6.1% | 9.1% | ر.س53.00 | ر.س41.00 | ر.س45.70 | 4 |
| Jul ’23 | ر.س46.00 | ر.س46.63 +1.4% | 9.1% | ر.س53.00 | ر.س41.00 | n/a | 4 |
| Jun ’23 | ر.س46.90 | ر.س48.50 +3.4% | 6.6% | ر.س53.00 | ر.س46.00 | ر.س45.45 | 3 |
| May ’23 | ر.س48.55 | ر.س48.50 -0.1% | 6.6% | ر.س53.00 | ر.س46.00 | ر.س42.50 | 3 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.