National Industrialization Company SJSC
SAU:2060

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National Industrialization Company SJSC
SAU:2060
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Price: 11.42 SAR 4.58%
Market Cap: ﷼7.6B

P/E

25.1
Current
No historical data
Comparison unavailable

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.

P/E
25.1
=
Market Cap
﷼7.6B
/
Net Income
﷼304.4m

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.

P/E
25.1
=
Market Cap
﷼7.6B
/
Net Income
﷼304.4m

Valuation Scenarios

National Industrialization Company SJSC is trading above its 3-year average

If P/E returns to its 3-Year Average (25.1), the stock would be worth ﷼11.42 (0% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-25%
Maximum Upside
+16%
Average Downside
5%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 25.1 ﷼11.42
0%
3-Year Average 25.1 ﷼11.42
0%
5-Year Average 18.8 ﷼8.55
-25%
Industry Average 29.1 ﷼13.26
+16%
Country Average 22 ﷼10.02
-12%

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
=
25.1
Current
﷼7.6B
/
Dec 2025
﷼-183.5m
=
-41.6
Forward
﷼7.6B
/
Dec 2026
﷼-2.4m
=
-3198.9
Forward
﷼7.6B
/
Dec 2027
﷼157.9m
=
48.4
Forward
﷼7.6B
/
Dec 2028
﷼312.1m
=
24.5
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

In line with most companies in Saudi Arabia
Percentile
59th
Based on 213 companies
59th percentile
25.1
Low
0.8 — 15.5
Typical Range
15.5 — 30.5
High
30.5 —
Distribution Statistics
Saudi Arabia
Min 0.8
30th Percentile 15.5
Median 22
70th Percentile 30.5
Max 582.1

National Industrialization Company SJSC
Glance View

Market Cap
7.6B SAR
Industry
Chemicals

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.

Intrinsic Value
6.28 SAR
Overvaluation 45%
Intrinsic Value
Price ﷼11.42
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