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Sahara International Petrochemical Co SJSC
SAU:2310

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Sahara International Petrochemical Co SJSC
SAU:2310
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Price: 28.25 SAR 1.44% Market Closed
Market Cap: ﷼13.5B

EV/EBITDA

17.3
Current
121%
More Expensive
vs 3-y average of 7.8

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
17.3
=
Enterprise Value
﷼14.1B
/
EBITDA
﷼817.5m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
17.3
=
Enterprise Value
﷼14.1B
/
EBITDA
﷼817.5m

Valuation Scenarios

Sahara International Petrochemical Co SJSC is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (7.8), the stock would be worth ﷼12.79 (55% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-61%
Maximum Upside
+0%
Average Downside
33%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 17.3 ﷼28.25
0%
3-Year Average 7.8 ﷼12.79
-55%
5-Year Average 6.7 ﷼11.05
-61%
Industry Average 17.3 ﷼28.26
+0%
Country Average 14.5 ﷼23.69
-16%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
﷼14.1B
/
Oct 2025
﷼817.5m
=
17.3
Current
﷼14.1B
/
Dec 2025
﷼872.5m
=
16.2
Forward
﷼14.1B
/
Dec 2026
﷼1.2B
=
11.8
Forward
﷼14.1B
/
Dec 2027
﷼1.6B
=
8.6
Forward
﷼14.1B
/
Dec 2028
﷼1.8B
=
7.7
Forward

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

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

In line with most companies in Saudi Arabia
Percentile
61st
Based on 237 companies
61st percentile
17.3
Low
1.5 — 11.1
Typical Range
11.1 — 20.1
High
20.1 —
Distribution Statistics
Saudi Arabia
Min 1.5
30th Percentile 11.1
Median 14.5
70th Percentile 20.1
Max 24 279.8

Sahara International Petrochemical Co SJSC
Glance View

Market Cap
13.5B SAR
Industry
Chemicals

Sahara International Petrochemical Company (Sipchem), born from the vision of Saudi Arabia's ambitious industrial plans, stands tall as a testament to innovation and strategic collaboration. Established in 1999, Sipchem sails on the wave of the Kingdom's economic diversification, transforming hydrocarbon molecules into value-added chemical products. The company's operations unfold in the sprawling Rabigh facility, where it deftly crafts an array of products ranging from methanol and butanediol to polyethylene and ethylene-vinyl acetate; each step of the process is a meticulously choreographed dance of chemistry and engineering. By leveraging natural gas—Saudi Arabia’s abundant resource—Sipchem extracts, processes, and transforms these molecules efficiently, feeding the raw material into high-demand chemical products. The by-products and outputs are integrated seamlessly across its operations, creating efficiencies and maximizing yield. The company thrives on its ability to nestle value within every molecule it processes, tapping into a vast network of global markets. Sipchem’s business model not only rests on manufacturing prowess but also on strategic partnerships and joint ventures that amplify its capabilities across international borders. This web of alliances allows it to broaden its product offering and geographical reach. By capitalizing on economies of scale and refining its processes over time, Sipchem maintains significant competitive advantages, forging strong relationships with clients across industries such as automotive, construction, and packaging. As a result, its revenue streams are as diverse as its product lineup, consistently fueled by a confluence of local abundance and international demand, positioning the company as a resilient player in the petrochemical realm.

Intrinsic Value
18.54 SAR
Overvaluation 34%
Intrinsic Value
Price ﷼28.25
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