2350.SR
Hot AirSaudi Kayan Petrochemical Company · Basic Materials · Saudi Arabia · $1.9B cap · $6.3M/day traded
SAR 4.85 +0.8% · close 5 Nov · scored 7 Nov
Hot Air: Strong momentum and nothing else: weak business, rich price.
As of 7 Nov 2026, the MoatMap Score for Saudi Kayan Petrochemical Company (2350.SR) is 26/100, ranked against 25,000+ stocks in 38 markets (Quality 22, Value 34, Momentum 58, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT SAUDI KAYAN PETROCHEMICAL COMPANY
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Saudi Kayan Petrochemical Company manufactures and sells chemicals, polymers, and specialty products in Saudi Arabia and internationally.
FINANCIAL SUMMARY (SAR)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.2B | 8.2B | 8.7B | 8.5B | -8.8% | 7.9B | 7.9B | 9.1B | 3.5% |
| EPS (SAR) | -0.83 | -1.42 | -1.20 | -1.53 | — | -1.59 | -1.25 | -0.70 | — |
| Shares | 1.5B | 1.5B | 1.5B | 1.5B | 0.0% | 1.5B | — | — | — |
| Debt | 10.1B | 10.2B | 8.4B | 9.1B | -3.2% | 9.5B | — | — | — |
| Equity | 15.5B | 13.3B | 11.5B | 9.2B | -16.0% | — | — | — | — |
| Op CF | 3.2B | 884.5M | 2.1B | -302.7M | -18.5% | 1.7B | — | — | — |
| Inv CF | -354.5M | -787.6M | -608.8M | -550.0M | — | — | — | — | — |
| Fin CF | -3.4B | 42.9M | -1.8B | 727.3M | — | — | — | — | — |
Made a new 52-week low 9 trading days ago, 22% below its 52-week high. The fall has not stopped yet.
The Momentum score still reads 58: it looks back six months, so it has not caught up with this fall.
Calmer than 61% of stocks we rank over the past year (volatility 36% 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 2350.SR are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 2350.SR | Saudi Kayan Petrochemical Company(you) | $1.9B | 26 |
| 2330.SR | Advanced Petrochemical Company | $1.6B | 23 |
| 2310.SR | Sahara International Petrochemical Company | $2.2B | 30 |
| 2060.SR | National Industrialization Company | $1.3B | 19 |
| 2290.SR | Yanbu National Petrochemical Company | $4.7B | 79 |
| 2001.SR | Methanol Chemicals Company | $89M | 42 |
| 2010.SR | Saudi Basic Industries Corporation | $38.4B | 53 |
| 9517.SR | MOBI Industry Co. | $222M | 94 |
| 1210.SR | Basic Chemical Industries Company | $165M | 93 |
| 2250.SR | Saudi Industrial Investment Group | $2.2B | 44 |
Peer medians: ROE 8.1% · P/E 16.9x · Gross margin 22.2%
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.