2170.SR
Second WindAlujain Corporation · Basic Materials · Saudi Arabia · $418M cap · $2.3M/day traded
SAR 22.67 +0.0% · close 5 Nov · scored 7 Nov
Second Wind: Cheap with strong momentum, but the business does not earn the optimism.
As of 7 Nov 2026, the MoatMap Score for Alujain Corporation (2170.SR) is 59/100, ranked against 25,000+ stocks in 38 markets (Quality 32, Value 53, Momentum 69, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT ALUJAIN CORPORATION
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Alujain Corporation, together with its subsidiaries, produces and sells propylene and polypropylene products in the Kingdom of Saudi Arabia and internationally.
FINANCIAL SUMMARY (SAR)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.9B | 1.4B | 1.6B | 1.3B | -12.0% | 1.7B | 1.8B | 1.6B | 11.0% |
| EPS (SAR) | 1.31 | -1.61 | -0.73 | -12.05 | — | -10.96 | — | — | — |
| Shares | 49.2M | 69.2M | 69.2M | 69.2M | +40.6% | 69.2M | — | — | — |
| Debt | 1.0B | 1.1B | 26.0M | 16.1M | -75.0% | 360.1M | — | — | — |
| Equity | 2.6B | 3.0B | 3.5B | 2.5B | -1.0% | — | — | — | — |
| Op CF | 355.0M | 416.8M | 166.6M | 177.7M | -20.6% | 196.4M | — | — | — |
| Inv CF | -182.7M | -385.8M | -871.1M | -422.0M | — | — | — | — | — |
| Fin CF | -288.1M | 27.2M | 940.5M | -196.1M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Calmer than 64% of stocks we rank over the past year (volatility 34% a year).
How this is worked out
The MoatMap Score weighs the business, its price and its trend. The price check reads only the chart: the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of 2170.SR are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 2170.SR | Alujain Corporation(you) | $418M | 59 |
| 4148.SR | Alwasail Industrial Company | $169M | 67 |
| 9552.SR | Saudi Top for Trading Company | $114M | 60 |
| 2250.SR | Saudi Industrial Investment Group | $2.2B | 44 |
| 9548.SR | Arabian Plastic Industrial Company Limited | $93M | 84 |
| 9607.SR | ASG Plastic Factory Company | $93M | 97 |
| 1304.SR | Al Yamamah Steel Industries Company | $413M | 71 |
| 2300.SR | Saudi Paper Manufacturing Company | $507M | 67 |
| 3004.SR | Northern Region Cement Company | $295M | 65 |
| 3002.SR | Najran Cement Company | $228M | 54 |
Peer medians: ROE 8.1% · P/E 16.9x · Gross margin 22.5%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.