Company Valuation: Saudi Cement Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,384 7,803 8,048 6,525 5,269 3,797 - -
Change - -6.93% 3.14% -18.92% -19.25% -27.93% - -
Enterprise Value (EV) 1 8,677 8,059 8,378 6,945 5,455 3,874 3,840 3,797
Change - -7.11% 3.96% -17.11% -21.45% -28.99% -0.87% -1.1%
P/E 25.3x 19.5x 21.1x 15.5x 14.5x 9.95x 9.75x 9.51x
PBR 3.45x - 3.73x 2.91x 2.37x 1.63x 1.63x 1.59x
PEG - 1x -4.59x 1.4x -1.1x 2.06x 4.87x 3.72x
Capitalization / Revenue 5.95x 5.5x 5.51x 3.89x 3.15x 2.28x 2.14x 2.06x
EV / Revenue 6.16x 5.68x 5.73x 4.14x 3.26x 2.32x 2.17x 2.06x
EV / EBITDA 15.2x 12.7x 14.5x 10.7x 8.82x 6.31x 6.22x 6.15x
EV / EBIT 25.2x 20x 23.1x 16.2x 13.6x 9.68x 9.58x 9.36x
EV / FCF 12.3x 14.2x 18.5x 14.1x 13.7x 10.1x 10.3x 8.91x
FCF Yield 8.16% 7.03% 5.41% 7.1% 7.28% 9.94% 9.73% 11.2%
Dividend per Share 2 3.5 3.25 2.5 2.75 1.8 2.033 2.167 2.25
Rate of return 6.39% 6.37% 4.75% 6.45% 5.23% 8.19% 8.73% 9.07%
EPS 2 2.17 2.61 2.49 2.76 2.38 2.495 2.545 2.61
Distribution rate 161% 125% 100% 99.6% 75.6% 81.5% 85.1% 86.2%
Net sales 1 1,410 1,420 1,462 1,676 1,671 1,668 1,771 1,841
EBITDA 1 571.6 634.8 577 646.7 618.8 614 617.5 617
EBIT 1 344.3 403.9 362.4 428.5 402.1 400 400.7 405.5
Net income 1 331.9 398.8 381 421.9 363.7 302 361.7 399.5
Net Debt 1 292.1 256.2 330.7 419.8 186 76.2 42.4 -
Reference price 2 54.80 51.00 52.60 42.65 34.44 24.82 24.82 24.82
Nbr of stocks (in thousands) 153,000 153,000 153,000 153,000 153,000 153,000 - -
Announcement Date 01/03/22 20/03/23 07/03/24 06/03/25 10/03/26 - - -
1SAR in Million2SAR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.95x2.32x6.31x8.19% 1.01B
19.3x2.6x10.27x2.69% 46.75B
36.16x6.34x19.26x0.65% 37.95B
32.29x4.92x16.72x0.74% 36.32B
34.39x3.39x18.07x1.13% 34.52B
11.96x1.43x6.68x2.57% 29.61B
16.98x2.11x8.56x1.06% 22.6B
67.65x4.19x64.98x0.34% 20.89B
14.21x4.63x9.34x2.78% 17.46B
16.96x4.57x8.99x4.42% 17.68B
Average 25.99x 3.65x 16.92x 2.46% 26.48B
Weighted average by Cap. 27.74x 3.78x 17.06x 1.73%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Saudi Cement Company

Historical PBR trend

Valuation ratios - PBR - Saudi Cement Company

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Saudi Cement Company

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Saudi Cement Company


Year-on-year evolution of the Yield

Valuation ratios - Yield - Saudi Cement Company
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