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Saudi Steel Pipes Company SJSC
SAU:1320

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Saudi Steel Pipes Company SJSC
SAU:1320
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Price: 64.7 SAR -0.92% Market Closed
Market Cap: ﷼3.3B

EV/IC

2.8
Current
91%
More Expensive
vs 3-y average of 1.5

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.8
=
Enterprise Value
﷼2.2B
/
Invested Capital
﷼1.2B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.8
=
Enterprise Value
﷼2.2B
/
Invested Capital
﷼1.2B

Valuation Scenarios

Saudi Steel Pipes Company SJSC is trading above its 3-year average

If EV/IC returns to its 3-Year Average (1.5), the stock would be worth ﷼33.83 (48% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-51%
Maximum Upside
No Upside Scenarios
Average Downside
46%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 2.8 ﷼64.7
0%
3-Year Average 1.5 ﷼33.83
-48%
5-Year Average 1.4 ﷼31.84
-51%
Industry Average 1.8 ﷼41.01
-37%
Country Average 1.5 ﷼33.55
-48%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
SA
Saudi Steel Pipes Company SJSC
SAU:1320
3.3B SAR 2.8 11.3
ZA
Kumba Iron Ore Ltd
JSE:KIO
100.1B ZAR 1.1 6.9
BR
Vale SA
BOVESPA:VALE3
346.5B BRL 1 25.2
US
Nucor Corp
NYSE:NUE
51.7B USD 1.8 29.8
LU
ArcelorMittal SA
AEX:MT
37.5B EUR 0.6 15
AU
Fortescue Metals Group Ltd
ASX:FMG
61.6B AUD 1.7 11.2
AU
Fortescue Ltd
XMUN:FVJ
36.9B EUR 1.7 11.4
US
Steel Dynamics Inc
NASDAQ:STLD
33.2B USD 2.5 24.2
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 1.8 41.2
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 1.3 28.7
KR
Posco Holdings Inc
KRX:005490
34.9T KRW 0.5 53.1

Market Distribution

Higher than 80% of companies in Saudi Arabia
Percentile
80th
Based on 257 companies
80th percentile
2.8
Low
0.1 — 1
Typical Range
1 — 2.3
High
2.3 —
Distribution Statistics
Saudi Arabia
Min 0.1
30th Percentile 1
Median 1.5
70th Percentile 2.3
Max 104.2

Saudi Steel Pipes Company SJSC
Glance View

Market Cap
3.3B SAR
Industry
Metals & Mining

Saudi Steel Pipe Co. engages in the manufacture of welded steel pipes. The company is headquartered in Dammam, Eastern Province. The company went IPO on 2009-08-04. The firm operates through two segments: Steel Pipe Segment includes manufacturing of welded steel pipes by high frequency induction welding and galvanizing, coating, threading and bending of the pipes used in oil and gas, water and construction sectors, as well as Process Equipment Segment, which includes design, manufacture, assemble and maintain heavy process equipment for the utilization of oil and gas, power generation, desalination, mining, solar energy and offshore plants. Its product range includes black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes, seamless pipes, pipes with three-layer external coating by polyethylene and polypropylene in different diameters, pipes with epoxy coating inside, bended pipes in different diameters, space frame and submerged arc welded pipes.

Intrinsic Value
38.72 SAR
Overvaluation 40%
Intrinsic Value
Price ﷼64.7
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