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Eastern Cement

أسمنت الشرقية
3080 Main Market Shariah Compliant Buy
24.34 SAR
+0.28 (+1.16%)
Market Cap 2.09B SAR
Volume 88.73K shares
P/E Ratio 9.40
Dividend Yield 6.65%
52-Week Range Materials
21.95
34.59
Last Updated: March 26, 2026 Confidence: 75%

Technical Analysis & Signals

Buy
Confidence 75%

Eastern Cement stock shows an upward trend with positive signals from technical indicators.

Support 23.39 SAR
Resistance 24.53 SAR
Short-term (1-2 weeks) 25.00 SAR
Medium-term (1-3 months) 26.00 SAR
Risk Score
4/10 Medium
Technical Analysis

Eastern Cement stock shows positive signals with the RSI at 60.2, indicating strength in momentum. Additionally, the positive MACD Histogram crossover supports the likelihood of the upward trend continuing.

Support & Resistance Levels

The main support level for the stock is at 23.39 SAR, while resistance is at 24.53 SAR. The stock is expected to react to these levels, which may influence its direction in the near term.

Volume Analysis

The current trading volume may indicate increased interest in the stock, reinforcing the upward trend. If trading volume continues to rise, it could signal the persistence of positive momentum.

Fundamental Factors

Eastern Cement Company has strong fundamental indicators, with a P/E ratio of 9.4 and a dividend yield of 6.65%. These factors may enhance the stock's attractiveness to investors in the Saudi market.

Risk Factors

Potential risks include general market volatility and the impact of raw material prices. These factors may affect the stock's performance, necessitating continuous monitoring.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to conduct their own research before making any investment decisions.

Analyzed: March 26, 2026, 6:24 PM Rule-based analysis

Automated analysis is based on historical data and technical indicators and may not reflect future market conditions.

Financial Fundamentals

Market Cap 2.09B
P/E Ratio 9.40
P/B Ratio 0.90
EPS 2.60
Dividend Yield 6.65%
Dividend/Share 1.60
ROE 10.00%
Debt/Equity 7.00
Free Float 63.07%
Shares Outstanding 86.00M

Price Data

52-Week High 34.59
52-Week Low 21.95
3-Month High 25.24
3-Month Low 21.95
Open 24.06
Day's High 24.34
Day's Low 24.06
Previous Close 24.06

Price Chart - Eastern Cement

3080

Technical Analysis

Current Price: 24.34 SAR
Overall Technical Signal Bullish Signal
6 Bullish 2 Neutral 1 Bearish

Moving Averages

SMA 20 23.39 SAR
Bullish
SMA 50 24.00 SAR
Bullish
SMA 200 25.75 SAR
Bearish
EMA 12 23.66 SAR
Bullish
EMA 26 23.66 SAR
Bullish
Current Price 24.34 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
60.20 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bullish
MACD 0.003
Signal -0.165
Histogram +0.169

Bollinger Bands

Within Band
Upper Band 24.53 SAR
Middle Band 23.39 SAR
Lower Band 22.25 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 0.92 SAR

Trend Strength (ADX)

Weak Trend
18.8
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 28.80
-DI (Bearish) 20.70
Dominant Trend: Bullish
On-Balance Volume (OBV) -5.70M shares

Financial Summary

Eastern Cement

Valuation

Market Cap
2.09B
P/E Ratio
9.40
P/B Ratio
0.90
EPS (Earnings/Share)
2.60

Profitability

Revenue
1.26B
Net Income
223.89M
Return on Equity (ROE)
+10.00%
Shares Outstanding
86.00M

Balance Sheet

Total Assets
N/A
Total Debt
159.96M
Debt/Equity
7.00
Free Float %
+63.1%

Dividends & Margins

Dividend Yield
+6.65%
Dividend/Share
1.60
Book Value
27.04

Financial data extracted from published quarterly reports. All values in SAR unless otherwise stated.

Historical Financial Data

4 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2024
1.21B +21.6%
247.88M +26.2%
2.76B -2.8%
5.91M -11.9%
2.88 +26.3%
2023
995.67M +27.0%
196.49M +37.1%
2.84B -0.8%
6.71M -7.0%
2.28 +36.5%
2022
784.20M +3.5%
143.30M -25.7%
2.87B +3.0%
7.22M +29.4%
1.67 -25.4%
2021
757.73M
192.85M
2.78B
5.58M
2.24

Historical data sourced from Yahoo Finance and may differ from official audited financial reports.

Price Forecast

Buy
Buy
Confidence
75%
Price Range
Medium Target 26.00 +6.82%
Short Target 25.00 +2.71%
Resistance 24.53 +0.78%
Current Price 24.34
Support 23.39 -3.90%
Short-term Target 1-3 months
25.00 +2.71%
Medium-term Target 3-6 months
26.00 +6.82%
Upside +6.8%
Downside -3.9%
Risk/Reward Ratio Acceptable
1.75 : 1

These forecasts are based on technical analysis and AI and do not constitute investment advice. Past performance does not guarantee future results.

Sector Comparison

Materials

Dividend History

Eastern Cement
Annual Total per Share
2025
1.60
6.6%
2024
1.60
6.6%
2023
1.60
6.6%
2022
2.10
8.6%
2021
3.90
16.0%
Amount per share Yield %
Recent Payments
August 2025 0.60
April 2025 1.00
September 2024 0.60
March 2024 1.00
August 2023 0.60
March 2023 1.00
August 2022 1.00
April 2022 1.10
August 2021 1.40
April 2021 2.50

Dividend data from Tadawul records. All amounts in SAR. Estimated yield calculated based on year-end price.

Ownership Structure

Locked Ownership36.93%
Free Float63.07%

Data source: Yahoo FinanceLast updated: 2026-03-26

Risk Assessment

Low
Low 1
Medium 3
High 1

Risk Factors

!
Moderate Volatility Medium

Average True Range 3.8% of stock price

!
Moderate Liquidity Medium

Trading volume below average

Low Valuation Low

P/E ratio 9.4 — below average

High Debt High

Debt-to-equity ratio 7.00

!
Weak Trend Medium

ADX indicator at 19 — no clear direction

Low

Stable fundamentals, low volatility, and good financial solvency

Confidence Level 75%
Analysis Signal Buy

This assessment is automated based on quantitative data and does not constitute investment advice. Please consult a licensed financial advisor before making investment decisions.

FAQ

6 question
1 What is Eastern Cement stock price today?

Eastern Cement (3080) stock price today is 24.34 SAR, gaining by +1.16% compared to the previous session close. The 52-week price range is between 21.95 SAR and 34.59 SAR.

2 What is Eastern Cement stock valuation?

The automated analysis signal for Eastern Cement is "Buy" with 75% confidence. The P/E ratio is 9.4. The P/B ratio is 0.90.

3 Is Eastern Cement Shariah-compliant?

Yes, Eastern Cement (3080) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are Eastern Cement dividend distributions?

Eastern Cement has a dividend yield of 6.65%, with an estimated annual dividend of 1.60 SAR per share.

5 What is Eastern Cement weekly performance?

Eastern Cement performance over different time periods: weekly change +4.24%, monthly +0.16%, and year-to-date +2.10%. The stock is currently trading with a volume of 88,732 shares.

6 What is the target level for Eastern Cement?

According to automated analysis for Eastern Cement: Short-term target (1-2 weeks): 25.00 SAR. Medium-term target (1-3 months): 26.00 SAR. Support level: 23.39 SAR. Resistance level: 24.53 SAR. Note: These are automated analytical levels and do not constitute investment advice.

Disclaimer

The information provided on this page is for educational and analytical purposes only and does not constitute investment advice or a recommendation to buy or sell. Past performance does not guarantee future results. All investments involve risk including loss of capital. Please consult a licensed financial advisor before making any investment decisions.

Automated analysis relies on historical data and technical indicators and may not reflect future market conditions.