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 3,787 - -
Change - -6.93% 3.14% -18.92% -19.25% -28.14% - -
Enterprise Value (EV) 1 8,677 8,059 8,378 6,945 5,455 3,863 3,829 3,787
Change - -7.11% 3.96% -17.11% -21.45% -29.19% -0.87% -1.11%
P/E 25.3x 19.5x 21.1x 15.5x 14.5x 9.92x 9.72x 9.48x
PBR 3.45x - 3.73x 2.91x 2.37x 1.63x 1.62x 1.59x
PEG - 1x -4.59x 1.4x -1.1x 2.05x 4.85x 3.71x
Capitalization / Revenue 5.95x 5.5x 5.51x 3.89x 3.15x 2.27x 2.14x 2.06x
EV / Revenue 6.16x 5.68x 5.73x 4.14x 3.26x 2.32x 2.16x 2.06x
EV / EBITDA 15.2x 12.7x 14.5x 10.7x 8.82x 6.29x 6.2x 6.14x
EV / EBIT 25.2x 20x 23.1x 16.2x 13.6x 9.66x 9.56x 9.34x
EV / FCF 12.3x 14.2x 18.5x 14.1x 13.7x 10x 10.3x 8.89x
FCF Yield 8.16% 7.03% 5.41% 7.1% 7.28% 9.97% 9.75% 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% 8.22% 8.75% 9.09%
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 24.75 24.75 24.75
Nbr of stocks (in thousands) 153,000 153,000 153,000 153,000 153,000 153,000 - -
Announcement Date 3/1/22 3/20/23 3/7/24 3/6/25 3/10/26 - - -
1SAR in Million2SAR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.92x2.32x6.29x8.22% 1.01B
15.14x1.76x8.66x1.83% 56.84B
18.49x2.51x9.88x2.81% 44.72B
34.45x6.06x18.33x0.69% 35.79B
34.41x3.39x18.07x1.13% 34.57B
30.12x4.61x15.66x0.8% 33.88B
11.58x1.39x6.51x2.65% 28.72B
16.08x2.02x8.17x1.36% 21.53B
68.05x4.22x65.34x0.34% 21.03B
15.32x4.89x10.02x2.64% 18.35B
Average 25.36x 3.32x 16.69x 2.25% 29.64B
Weighted average by Cap. 25.41x 3.26x 15.76x 1.65%

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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