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SPM

صناعة الورق
2300 Main Market Shariah Compliant Hold
59.40 SAR
-0.90 (-1.49%)
Market Cap 2.20B SAR
Volume 150.59K shares
P/E Ratio 36.20
Dividend Yield 0.83%
52-Week Range Materials
47.00
72.20
Last Updated: May 11, 2026 Confidence: 65%

Technical Analysis & Signals

Hold
Confidence 65%

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

Support 57.03 SAR
Resistance 61.77 SAR
Short-term (1-2 weeks) 61.00 SAR
Medium-term (1-3 months) 65.00 SAR
Risk Score
5/10 Medium
Technical Analysis

The stock is currently trading at 59.4 SAR, down by 1.49%. The Relative Strength Index (RSI) is at 54.2, indicating that the stock may be in a neutral zone.

Support & Resistance Levels

The main support level is at 57.03 SAR, while the resistance level is at 61.77 SAR. The stock is expected to react with these levels in the upcoming period.

Volume Analysis

The current trading volume does not show strong signals supporting the trend, which may indicate weakness in momentum. The stock may need an increase in trading volume to confirm any future movement.

Fundamental Factors

The price-to-earnings (P/E) ratio stands at 36.2, indicating a relatively high valuation. The dividend yield is at 0.83%, which may attract some investors seeking steady income.

Risk Factors

There are risks associated with fluctuations in the Saudi market, along with any changes in economic policies. These factors may impact the stock's performance in the future.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to monitor support and resistance levels before making any decisions.

Analyzed: May 11, 2026, 4:35 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 2.20B
P/E Ratio 36.20
P/B Ratio 3.80
EPS 1.64
Dividend Yield 0.83%
Dividend/Share 0.50
ROE 10.00%
Debt/Equity 0.94
Free Float 65.64%
Shares Outstanding 36.95M

Price Data

52-Week High 72.20
52-Week Low 47.00
3-Month High 62.80
3-Month Low 47.00
Open 60.05
Day's High 60.65
Day's Low 59.30
Previous Close 60.30

Price Chart - SPM

2300

Technical Analysis

Current Price: 59.40 SAR
Overall Technical Signal Bullish Signal
5 Bullish 3 Neutral 1 Bearish

Moving Averages

SMA 20 59.40 SAR
Neutral
SMA 50 56.04 SAR
Bullish
SMA 200 56.13 SAR
Bullish
EMA 12 59.07 SAR
Bullish
EMA 26 58.45 SAR
Bullish
Current Price 59.40 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
54.20 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bearish
MACD 0.616
Signal 0.713
Histogram -0.097

Bollinger Bands

Within Band
Upper Band 61.77 SAR
Middle Band 59.40 SAR
Lower Band 57.03 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 2.34 SAR

Trend Strength (ADX)

Moderate Trend
21.8
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 26.80
-DI (Bearish) 16.40
Dominant Trend: Bullish
On-Balance Volume (OBV) 673.15K shares

Financial Summary

SPM

Valuation

Market Cap
2.20B
P/E Ratio
36.20
P/B Ratio
3.80
EPS (Earnings/Share)
1.64

Profitability

Revenue
850.29M
Net Income
60.54M
Return on Equity (ROE)
+10.00%
Shares Outstanding
36.95M

Balance Sheet

Total Assets
N/A
Total Debt
546.41M
Debt/Equity
0.94
Free Float %
+65.6%

Dividends & Margins

Dividend Yield
+0.83%
Dividend/Share
0.50
Book Value
15.63

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

Hold
Hold
Confidence
65%
Price Range
Medium Target 65.00 +9.43%
Resistance 61.77 +3.99%
Short Target 61.00 +2.69%
Current Price 59.40
Support 57.03 -3.99%
Short-term Target 1-3 months
61.00 +2.69%
Medium-term Target 3-6 months
65.00 +9.43%
Upside +9.4%
Downside -4.0%
Risk/Reward Ratio Favorable
2.36 : 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
2.1%
2013
1.93
3.3%
2012
1.80
3.0%
2011
1.55
2.6%
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: 2026-05-11

Risk Assessment

Medium
Low 2
Medium 2
High 1

Risk Factors

!
Moderate Volatility Medium

Average True Range 3.9% of stock price

Good Liquidity Low

Trading volume near or above average

High Valuation High

P/E ratio 36.2 — above average

Low Debt Low

Debt-to-equity ratio 0.94

!
Moderate Trend Medium

ADX indicator at 22

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 59.40 SAR, declining by -1.49% 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 36.2. The P/B ratio is 3.80.

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 0.83%, 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 +2.41%, monthly +0.68%, and year-to-date -3.49%. The stock is currently trading with a volume of 150,594 shares.

6 What is the target level for SPM?

According to automated analysis for SPM: Short-term target (1-2 weeks): 61.00 SAR. Medium-term target (1-3 months): 65.00 SAR. Support level: 57.03 SAR. Resistance level: 61.77 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.