S

Saudi Cement Company SJSC
SAU:3030

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Saudi Cement Company SJSC
SAU:3030
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Price: 41.15 SAR 1.6%
Market Cap: ﷼6.3B

EV/S

3.9
Current
8%
Cheaper
vs 3-y average of 4.2

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
3.9
=
Enterprise Value
﷼6.5B
/
Revenue
﷼1.7B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
3.9
=
Enterprise Value
﷼6.5B
/
Revenue
﷼1.7B

Valuation Scenarios

Saudi Cement Company SJSC is trading below its 3-year average

If EV/S returns to its 3-Year Average (4.2), the stock would be worth ﷼44.84 (9% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-21%
Maximum Upside
+42%
Average Upside
6%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 3.9 ﷼41.15
0%
3-Year Average 4.2 ﷼44.84
+9%
5-Year Average 5.5 ﷼58.3
+42%
Industry Average 3.7 ﷼39.48
-4%
Country Average 3.1 ﷼32.48
-21%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
﷼6.5B
/
Jan 2026
﷼1.7B
=
3.9
Current
﷼6.5B
/
Dec 2026
﷼1.7B
=
3.8
Forward
﷼6.5B
/
Dec 2027
﷼1.8B
=
3.7
Forward
﷼6.5B
/
Dec 2028
﷼1.8B
=
3.6
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
SA
Saudi Cement Company SJSC
SAU:3030
6.3B SAR 3.9 17.3
IE
CRH PLC
NYSE:CRH
76.5B USD 2.4 20.4
CH
Holcim AG
SIX:HOLN
40.3B CHF 2.7 3.1
DE
HeidelbergCement AG
XETRA:HEI
32.8B EUR 1.7 16.9
US
Vulcan Materials Co
NYSE:VMC
38.1B USD 5.3 35.4
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.5T INR 4.1 48.6
US
Martin Marietta Materials Inc
NYSE:MLM
37B USD 6.9 32.6
US
Amrize AG
SIX:AMRZ
24.9B CHF 2.9 26.1
DE
Heidelberg Materials AG
XMUN:HEI
21.9B EUR 1.2 11.3
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 1.8 45.8
CN
China Jushi Co Ltd
SSE:600176
136.9B CNY 7.8 41.7

Market Distribution

In line with most companies in Saudi Arabia
Percentile
59th
Based on 256 companies
59th percentile
3.9
Low
0.2 — 1.8
Typical Range
1.8 — 5.5
High
5.5 —
Distribution Statistics
Saudi Arabia
Min 0.2
30th Percentile 1.8
Median 3.1
70th Percentile 5.5
Max 1 289.3

Saudi Cement Company SJSC
Glance View

Market Cap
6.3B SAR
Industry
Construction

In the heart of Saudi Arabia, Saudi Cement Company SJSC stands as a significant pillar in the kingdom’s industrial landscape. This company, established in 1955, has grown to become one of the largest cement producers in the Middle East. The company operates two plants, strategically located in Ain Dar and Hofuf, where the region's rich limestone reserves are efficiently converted into clinker and then further processed into high-quality cement products. Benefitting from its proximity to the abundant raw materials in the Eastern Province, Saudi Cement has streamlined its production process, ensuring a robust supply chain that optimizes cost and enhances profitability. The limestone is quarried, crushed, and transported into massive kilns, where a precise combination of ingredients is used to produce clinker. This clinker is then ground with gypsum to produce various types of cement, catering to the ever-growing construction sector in Saudi Arabia. Profitability for Saudi Cement is significantly bolstered by its access to cheap and abundant raw materials, complemented by a strong logistical network that enables efficient distribution throughout the kingdom and beyond. The company taps into the burgeoning construction and infrastructure development projects within Saudi Arabia and the GCC, thus ensuring a consistent demand for its products. Moreover, the commitment to adopting environmentally sustainable production methods has positioned Saudi Cement as an industry leader in its field. By harnessing technology and stringent quality control measures, the company not only fulfills domestic needs but also meets international standards and requirements for cement exports. This strategic foresight not only provides a buffer against local competition but also opens doors to lucrative markets abroad, where Saudi Cement stands as a beacon of the Kingdom's industrial might.

Intrinsic Value
33.79 SAR
Overvaluation 18%
Intrinsic Value
Price ﷼41.15
S
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