Undervaluation [compared with sector average]: MCap/Total Assets + Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.8. Compared with the rest of the market the stock is undervalued.
Undervaluation Indicator and rank of Saudi Basic Industries in the Saudi Arabian market:
Description
Value
Rank In Market
Dividend Yield %
4.3
In Top 21%
Uptrend: Price/Moving Average Price and MACD: + The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 81.31 minus the 26-day EMA of 80.53 is positive suggesting a bullish signal.
High Price Performance Indicators and rank of Saudi Basic Industries in the Saudi Arabian market:
Description
Value
Rank In Market
MCap
SAR236.7 billion
In Top 3%
Today's Trading Turnover
SAR144 million ($38.4 million)
In Top 3%
Volatility %
2.0
In Top 24%
Oversold/Bullish Signals: + The stock is oversold according to the Williams % R indicator of -82.8, suggesting the price is close to its 14-day low of SAR76.80.
BEARISH SIGNALS
Overvaluation [compared with sector average]: Dividend Yield + The relative yield of Saudi Basic Industries, defined by its yield of 4.3%, divided by average yield of dividend yielding stocks in the All Share Index (TASI) of 4.8% is 89.0%. This suggests Saudi Basic Industries stock is overvalued in dividend yield terms. Price to Sales + Price/Sales of 4.9 [2.5]. Price to Book + Price to Book of 7.5 [3.1].
Downtrend: Price/Moving Average Price: + The price to 50-day EMAP ratio is 1.0. In the past 50 days this ratio has been under 1.0 just four times suggesting a support level. The 50-day EMAP has decreased to SAR79.74. A decrease is another bearish indicator. + The price to 200-day MAP ratio is 0.97. In the past 200 days this ratio has been under 0.97, 115 times suggesting downside. The 50-day MAP of SAR79.23 is lower than the 200-day MAP of SAR81.16, another bearish indicator. Past Week: + Saudi Basic Industries Corp. is placed 264/265 in BuySellSignals' ranking of Saudi Arabian performers in the past week, a percentile ranking of 1. + In the past week, volume was 0.5 times average and the shares were down 8.0%. Monday's close price is at a 2.5% discount to its 5-day Volume Weighted Average Price (VWAP) of SAR80.95. Relative Strength (6 months): + In the Saudi Arabian market of 268 stocks traded today, the stock has a 6-month relative strength of 23 indicating it is trailing 77.0% of the market.