Skip to main content

SPM

صناعة الورق
2300 Main Market Shariah Compliant Hold
53.50 SAR
+0.50 (+0.94%)
Market Cap 1.98B SAR
Volume 94.06K shares
P/E Ratio 46.90
Dividend Yield 0.00%
52-Week Range Materials
47.00
72.20
Last Updated: March 26, 2026 Confidence: 65%

Technical Analysis & Signals

Hold
Confidence 65%

The Paper Industry stock shows sideways movement with clear support and resistance levels in the Saudi market.

Support 51.82 SAR
Resistance 55.01 SAR
Short-term (1-2 weeks) 54.00 SAR
Medium-term (1-3 months) 57.00 SAR
Risk Score
5/10 Medium
Technical Analysis

The stock is currently trading at SAR 53.5, with the RSI at 50.9, indicating a balance between buyers and sellers. The positive MACD Histogram may suggest a potential continuation of positive momentum.

Support & Resistance Levels

The main support level is at SAR 51.82, while the resistance level is at SAR 55.01. The stock is expected to react to these levels, potentially leading to price fluctuations.

Volume Analysis

The current trading volume may not reflect significant activity, indicating that the market might be in a waiting state for further signals. Trading volume is likely to increase if resistance levels are breached.

Fundamental Factors

The price-to-earnings (P/E) ratio stands at 46.9, indicating a relatively high valuation. Additionally, the current dividend yield is 0%, which may affect the stock's attractiveness to investors.

Risk Factors

The company faces risks related to market volatility and general economic conditions. Any changes in economic policies or raw material prices could impact the stock's performance.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to closely monitor the stock's performance and make decisions based on comprehensive analysis.

Analyzed: March 26, 2026, 6:21 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 1.98B
P/E Ratio 46.90
P/B Ratio 3.50
EPS 1.14
Dividend Yield 0.00%
Dividend/Share 0.00
ROE 10.00%
Debt/Equity 1.03
Free Float 65.64%
Shares Outstanding 36.95M

Price Data

52-Week High 72.20
52-Week Low 47.00
3-Month High 64.50
3-Month Low 47.00
Open 53.00
Day's High 53.85
Day's Low 52.65
Previous Close 53.00

Price Chart - SPM

2300

Technical Analysis

Current Price: 53.50 SAR
Overall Technical Signal Bullish Signal
5 Bullish 2 Neutral 2 Bearish

Moving Averages

SMA 20 51.82 SAR
Bullish
SMA 50 55.62 SAR
Bearish
SMA 200 56.65 SAR
Bearish
EMA 12 52.38 SAR
Bullish
EMA 26 53.12 SAR
Bullish
Current Price 53.50 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
50.90 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bullish
MACD -0.740
Signal -1.164
Histogram +0.424

Bollinger Bands

Within Band
Upper Band 55.01 SAR
Middle Band 51.82 SAR
Lower Band 48.63 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 3.19 SAR

Trend Strength (ADX)

Moderate Trend
20.8
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 23.20
-DI (Bearish) 19.40
Dominant Trend: Bullish
On-Balance Volume (OBV) 1.30M shares

Financial Summary

SPM

Valuation

Market Cap
1.98B
P/E Ratio
46.90
P/B Ratio
3.50
EPS (Earnings/Share)
1.14

Profitability

Revenue
816.46M
Net Income
42.18M
Return on Equity (ROE)
+10.00%
Shares Outstanding
36.95M

Balance Sheet

Total Assets
N/A
Total Debt
579.19M
Debt/Equity
1.03
Free Float %
+65.6%

Dividends & Margins

Dividend Yield
0.00%
Dividend/Share
0.00
Book Value
15.29

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
837.24M +3.2%
83.24M +14.1%
1.22B +13.5%
485.46M +13.1%
2.25 +14.2%
2023
811.08M +17.2%
72.94M +55.5%
1.08B +1.9%
429.18M -14.8%
1.97 +55.1%
2022
691.86M +17.5%
46.89M +54.9%
1.06B +8.2%
503.64M -16.9%
1.27 +54.9%
2021
588.80M
30.28M
977.70M
605.97M
0.82

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

Price Forecast

Hold
Hold
Confidence
65%
Price Range
Medium Target 57.00 +6.54%
Resistance 55.01 +2.82%
Short Target 54.00 +0.93%
Current Price 53.50
Support 51.82 -3.14%
Short-term Target 1-3 months
54.00 +0.93%
Medium-term Target 3-6 months
57.00 +6.54%
Upside +6.5%
Downside -3.1%
Risk/Reward Ratio Favorable
2.08 : 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

SPM
Annual Total per Share
2024
1.25
2.3%
2013
1.93
3.6%
2012
1.80
3.4%
2011
1.55
2.9%
Amount per share Yield %
Recent Payments
September 2024 0.75
April 2024 0.50
March 2013 1.93
April 2012 1.80
March 2011 1.55

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

Ownership Structure

Locked Ownership34.36%
Free Float65.64%

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

Risk Assessment

Medium
Low 1
Medium 2
High 2

Risk Factors

High Volatility High

Average True Range 6.0% of stock price

Good Liquidity Low

Trading volume near or above average

High Valuation High

P/E ratio 46.9 — above average

!
Moderate Debt Medium

Debt-to-equity ratio 1.03

!
Moderate Trend Medium

ADX indicator at 21

Medium

Moderate risk factors with some sector pressures

Confidence Level 65%
Analysis Signal Hold

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 SPM stock price today?

SPM (2300) stock price today is 53.50 SAR, gaining by +0.94% compared to the previous session close. The 52-week price range is between 47.00 SAR and 72.20 SAR.

2 What is SPM stock valuation?

The automated analysis signal for SPM is "Hold" with 65% confidence. The P/E ratio is 46.9. The P/B ratio is 3.50.

3 Is SPM Shariah-compliant?

Yes, SPM (2300) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are SPM dividend distributions?

No dividend payment data is currently available for SPM. The company may not distribute dividends or the data has not been updated yet.

5 What is SPM weekly performance?

SPM performance over different time periods: weekly change +5.84%, monthly -3.78%, and year-to-date -13.08%. The stock is currently trading with a volume of 94,065 shares.

6 What is the target level for SPM?

According to automated analysis for SPM: Short-term target (1-2 weeks): 54.00 SAR. Medium-term target (1-3 months): 57.00 SAR. Support level: 51.82 SAR. Resistance level: 55.01 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.