Valuation Saudi Steel Pipes Company

Equities

Market Closed - Saudi Arabian S.E. Other stock markets 15:20:00 15/02/2026 +03			5-day change	1st Jan Change
40.10 ^SAR	+1.16%		+0.75%	+7.85%

01-29	AlphaMena Downgrades Saudi Steel Pipes to Add, Lifts PT	MT
01-28	Saudi Steel Pipe Co. Unit Wins SAR300 Million Specialized Line Pipe Supply Deal	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2022	2023	2024	2025	2026	2027
Capitalization ¹	904.7	1,835	3,290	2,027	2,027	-
Change	-	102.79%	79.34%	-38.4%	0%	-
Enterprise Value (EV) ¹	904.7	2,164	3,663	2,174	2,134	2,027
Change	-	139.22%	69.26%	-40.66%	-1.84%	-5.01%
P/E ratio	-	-	18.4x	12.3x	11.7x	10.9x
PBR	-	-	-	1.55x	1.36x	1.21x
PEG	-	-	-	-1.49x	2x	1.56x
Capitalization / Revenue	1.21x	1.37x	2.02x	1.47x	1.3x	1.22x
EV / Revenue	1.21x	1.62x	2.25x	1.58x	1.36x	1.22x
EV / EBITDA	8.15x	8.04x	9.49x	6.71x	5.88x	5.13x
EV / EBIT	13x	9.61x	11.9x	9.17x	7.65x	6.39x
EV / FCF	-	7.04x	-749x	8.11x	23.6x	-
FCF Yield	-	14.2%	-0.13%	12.3%	4.23%	-
Dividend per Share ²	-	-	-	1	1.5	1.875
Rate of return	-	-	-	2.49%	3.74%	4.68%
EPS ²	-	-	3.542	3.25	3.44	3.68
Distribution rate	-	-	-	30.8%	43.6%	51%
Net sales ¹	747.6	1,335	1,630	1,378	1,564	1,663
EBITDA ¹	111	269.2	386	324	363	395
EBIT ¹	69.51	225.2	307	237	279	317
Net income ¹	-	217.3	180.6	164	174	-
Net Debt ¹	-	329.6	373	147	107	-
Reference price ²	17.90	36.30	65.10	40.10	40.10	40.10
Nbr of stocks (in thousands)	50,542	50,542	50,542	50,542	50,542	-
Announcement Date	2/26/23 A	3/4/24 A	2/20/25 A	-	-	-

¹SAR in Million²SAR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SAUDI STEEL PIPES COMPANY	12.2x	1.56x	6.64x	2.52%	534M
JSW STEEL LIMITED	33.82x	2.04x	12.57x	0.43%	33.26B
BAOSHAN IRON & STEEL CO., LTD.	14.66x	0.55x	5.24x	3.83%	21.69B
JINDAL STEEL & POWER LIMITED	31.49x	2.57x	14.3x	0.2%	13.34B
CITIC PACIFIC SPECIAL STEEL GROUP CO., LTD	14.01x	-	-	4.04%	11.31B
CHINA STEEL CORPORATION	-65.32x	1.59x	17.35x	0.54%	10.15B
BHARAT FORGE LIMITED	64.35x	5.24x	29.57x	0.49%	9.18B
BLUESCOPE STEEL LIMITED	16.06x	0.79x	6.88x	2.06%	9.03B
TERNIUM S.A.	19.12x	0.53x	5.46x	6.23%	8.57B
Average	15.60x	1.86x	12.25x	2.26%	13.01B
Weighted average by Cap.	19.35x	1.80x	12.13x	1.96%