National Industrialization Company SJSC
SAU:2060
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P/E
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.
Valuation Scenarios
If P/E returns to its 3-Year Average (25.1), the stock would be worth ﷼11.42 (0% downside from current price).
| Scenario | P/E Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 25.1 | ﷼11.42 |
0%
|
| 3-Year Average | 25.1 | ﷼11.42 |
0%
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| 5-Year Average | 18.8 | ﷼8.55 |
-25%
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| Industry Average | 29.1 | ﷼13.26 |
+16%
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| Country Average | 22 | ﷼10.02 |
-12%
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Forward P/E
Today’s price vs future net income
| Today's Market Cap | Net Income | Forward P/E | ||
|---|---|---|---|---|
|
﷼7.6B
|
/ |
Oct 2025
﷼304.4m
|
= |
|
|
﷼7.6B
|
/ |
Dec 2025
﷼-183.5m
|
= |
|
|
﷼7.6B
|
/ |
Dec 2026
﷼-2.4m
|
= |
|
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﷼7.6B
|
/ |
Dec 2027
﷼157.9m
|
= |
|
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﷼7.6B
|
/ |
Dec 2028
﷼312.1m
|
= |
|
Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.
Peer Comparison
| Market Cap | P/E | ||||
|---|---|---|---|---|---|
| SA |
|
National Industrialization Company SJSC
SAU:2060
|
7.6B SAR | 25.1 | |
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR | -8.8 | |
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD | 41.8 | |
| US |
|
Dow Inc
NYSE:DOW
|
29B USD | -11 | |
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
458.5T IDR | 24.8 | |
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
24B USD | -32 | |
| TW |
|
Nan Ya Plastics Corp
TWSE:1303
|
710.6B TWD | 157.3 | |
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
155.5B CNY | 17.4 | |
| KR |
|
LG Chem Ltd
KRX:051910
|
31.1T KRW | -17.1 | |
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
139.4B CNY | 189.3 | |
| CN |
G
|
Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
|
123.1B CNY | 42.9 |
Market Distribution
| Min | 0.8 |
| 30th Percentile | 15.5 |
| Median | 22 |
| 70th Percentile | 30.5 |
| Max | 582.1 |
Other Multiples
National Industrialization Company SJSC
Glance View
National Industrialization Company SJSC, more commonly known as Tasnee, is a prominent player in Saudi Arabia’s industrial landscape, showcasing a dynamic blend of innovation and strategic integration. Established in 1985, Tasnee was a torchbearer in the kingdom's drive towards diversification beyond oil, venturing into petrochemicals and associated industries. Central to its operations is the production of materials that touch myriad aspects of modern life. From advanced plastic and chemical products to technical services, Tasnee's reach extends across global markets. Nestled in the heart of the Kingdom, the company benefits from strategic advantages such as proximity to abundant natural resources and access to extensive global shipping routes, which streamline costs and reinforce its competitive edge. Tasnee’s financial backbone is robust, grounded in a well-oiled model that thrives on vertical integration and economies of scale. Its operations primarily focus on the production and sale of titanium dioxide and petrochemical derivatives, vital components used in industries ranging from automotive to consumer goods manufacturing. By controlling each step of the manufacturing process, from raw material acquisition to final product distribution, Tasnee maximizes efficiency and profitability. Joint ventures and strategic partnerships further bolster its position, allowing it to share risks while accessing state-of-the-art technologies and markets. This strategic maneuvering not only amplifies its revenue streams but also strengthens its resilience against market volatilities, securing Tasnee's status as a cornerstone of Saudi Arabia’s industrial expansion.