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SPM

صناعة الورق
2300 Main Market Shariah Compliant Sell
62.25 SAR
-0.55 (-0.88%)
Market Cap 2.30B SAR
Volume 107.36K shares
P/E Ratio 31.10
Dividend Yield 0.80%
52-Week Range Materials
46.59
70.55
Last Updated: August 12, 2026 Confidence: 65%

Technical Analysis & Signals

Sell
Confidence 65%

The Paper Industry stock shows a bearish trend with negative signals in the Saudi market.

Support 60.49 SAR
Resistance 65.11 SAR
Short-term (1-2 weeks) 60.00 SAR
Medium-term (1-3 months) N/A
Risk Score
7/10 High
Technical Analysis

The stock is currently trading at SAR 62.25, showing a clear bearish trend. The Relative Strength Index (RSI) at 43.4 indicates that the stock may be in a neutral zone or close to oversold conditions.

Support & Resistance Levels

The main support level is at SAR 60.49, while resistance is at SAR 65.11. The stock is expected to react to these levels in case of fluctuations.

Volume Analysis

The trading volume may indicate weakness in demand, reinforcing the bearish trend. This trend could continue if the trading volume keeps declining.

Fundamental Factors

The price-to-earnings (P/E) ratio stands at 31.1, indicating a relatively high valuation. The dividend yield at 0.8% may not attract investors under current conditions.

Risk Factors

Risks include the continuation of the bearish trend and a decline in demand for paper products. Additionally, fluctuations in the Saudi market and the TASI index may negatively impact the stock's performance.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Based on the technical analysis, it may be prudent to closely monitor the stock before making any investment decisions.

Analyzed: August 12, 2026, 3:05 PM Rule-based analysis

Financial Fundamentals

Market Cap 2.30B
P/E Ratio 31.10
P/B Ratio 3.70
EPS 2.00
Dividend Yield 0.80%
Dividend/Share 0.50
ROE 13.00%
Debt/Equity 0.99
Free Float 65.29%
Shares Outstanding 36.95M

Price Data

52-Week High 70.55
52-Week Low 46.59
3-Month High 70.55
3-Month Low 54.40
Open 62.80
Day's High 63.55
Day's Low 62.10
Previous Close 62.80

Price Chart - SPM

2300

Technical Analysis

Current Price: 62.25 SAR
Overall Technical Signal Bearish Signal
3 Bullish 2 Neutral 4 Bearish

Moving Averages

SMA 20 65.11 SAR
Bearish
SMA 50 61.49 SAR
Bullish
SMA 200 57.56 SAR
Bullish
EMA 12 65.05 SAR
Bearish
EMA 26 64.20 SAR
Bearish
Current Price 62.25 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
43.40 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bearish
MACD 0.851
Signal 1.554
Histogram -0.703

Bollinger Bands

Within Band
Upper Band 69.73 SAR
Middle Band 65.11 SAR
Lower Band 60.49 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 2.60 SAR

Trend Strength (ADX)

Moderate Trend
39.6
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 20.30
-DI (Bearish) 19.10
Dominant Trend: Bullish
On-Balance Volume (OBV) 4.69M shares

Financial Summary

SPM

Valuation

Market Cap
2.30B
P/E Ratio
31.10
P/B Ratio
3.70
EPS (Earnings/Share)
2.00

Profitability

Revenue
873.16M
Net Income
74.00M
Return on Equity (ROE)
+13.00%
Shares Outstanding
36.95M

Balance Sheet

Total Assets
1.38B
Total Debt
611.67M
Debt/Equity
0.99
Free Float %
+65.3%

Dividends & Margins

Dividend Yield
+0.80%
Dividend/Share
0.50
Book Value
16.82

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

Historical Financial Data

5 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2025
850.29M +1.6%
66.70M -19.9%
1.38B +12.8%
546.41M +12.6%
1.80 -20.0%
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
46.89M
1.06B
503.64M
1.27
2021

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

Price Forecast

Sell
Sell
Confidence
65%
Price Range
Resistance 65.11 +4.59%
Current Price 62.25
Support 60.49 -2.83%
Short Target 60.00 -3.61%
Short-term Target 1-3 months
60.00 -3.61%
Medium-term Target 3-6 months
N/A
Upside
Downside -2.8%

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

News & Events

No news currently available for SPM

Sector Comparison

Materials

Dividend History

SPM
Annual Total per Share
2026
0.50
0.8%
2024
1.25
2.0%
2013
1.93
3.1%
2012
1.80
2.9%
2011
1.55
2.5%
Amount per share Yield %
Recent Payments
May 2026 0.50
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 Ownership34.71%
Free Float65.29%

Data source: Yahoo FinanceLast updated: 2026-08-12

Risk Assessment

High
Low 1
Medium 3
High 1

Risk Factors

!
Moderate Volatility Medium

Average True Range 4.2% of stock price

!
Moderate Liquidity Medium

Trading volume below average

High Valuation High

P/E ratio 31.1 — above average

Low Debt Low

Debt-to-equity ratio 0.99

!
Moderate Trend Medium

ADX indicator at 40

High

High volatility and financial pressures requiring careful monitoring

Confidence Level 65%
Analysis Signal Sell

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 62.25 SAR, declining by -0.88% compared to the previous session close. The 52-week price range is between 46.59 SAR and 70.55 SAR.

2 What is SPM stock valuation?

The automated analysis signal for SPM is "Sell" with 65% confidence. The P/E ratio is 31.1. The P/B ratio is 3.70.

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?

SPM has a dividend yield of 0.80%, with an estimated annual dividend of 0.50 SAR per share.

5 What is SPM weekly performance?

SPM performance over different time periods: weekly change -9.72%, monthly -2.89%, and year-to-date +2.03%. The stock is currently trading with a volume of 107,363 shares.

6 What is the target level for SPM?

According to automated analysis for SPM: Short-term target (1-2 weeks): 60.00 SAR. Support level: 60.49 SAR. Resistance level: 65.11 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.