Galfar Engineering & Contracting SAOG（GECS）株式概要Galfar Engineering & Contracting SAOG は、その子会社とともに、オマーンでエンジニアリング、請負、建設事業に従事している。 詳細GECS ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績2/6財務の健全性2/6配当金0/6報酬株価収益率（ 6.4 x） OM市場（ 12.7 x）を下回っています。今年は黒字化を達成 リスク分析利払いは収益で十分にカバーされない OM市場と比較して、過去 3 か月間の株価の変動が非常に大きい財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見るGECS Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Valueر.عCurrent Priceر.ع0.16111.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-30m499m2016201920222025202620282031Revenue ر.ع498.6mEarnings ر.ع12.7mAdvancedSet Fair ValueView all narrativesGalfar Engineering & Contracting SAOG 競合他社Oman National Engineering & Investment Company SAOGSymbol: MSM:ONESMarket cap: ر.ع22.4mOman Cables Industry SAOGSymbol: MSM:OCAIMarket cap: ر.ع264.7mAl Anwar Ceramic Tiles Company SAOGSymbol: MSM:AACTMarket cap: ر.ع34.3mLongDa Construction & DevelopmentSymbol: TWSE:5519Market cap: NT$7.4b価格と性能株価の高値、安値、推移の概要Galfar Engineering & Contracting SAOG過去の株価現在の株価ر.ع0.1652週高値ر.ع0.2052週安値ر.ع0.06ベータ0.0961ヶ月の変化-9.44%3ヶ月変化10.14%1年変化150.77%3年間の変化-12.37%5年間の変化32.67%IPOからの変化-82.99%最新ニュースお知らせ • 13hGalfar Engineering & Contracting SAOG Announces Executive ChangesGalfar Engineering & Contracting SAOG had announced that Ms. Amal Al Khabouri, Chief Audit Executive, had submitted her resignation in order to pursue another career opportunity. The Board of Directors had accepted the resignation on June 09, 2026. To ensure the continuity of the Internal Audit function during the transition period, the Board of Directors had resolved to assign Mr. Ahmed Mahmoud, currently serving as Internal Audit Manager of the Company, to carry out the duties of the Chief Audit Executive in an acting capacity from June 14, 2026 until the process of permanently filling the position is completed.Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: ر.ع0.005 (vs ر.ع0.002 loss in 1Q 2025)First quarter 2026 results: EPS: ر.ع0.005 (up from ر.ع0.002 loss in 1Q 2025). Revenue: ر.ع70.8m (up 12% from 1Q 2025). Net income: ر.ع1.57m (up ر.ع2.25m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Apr 03Galfar Engineering & Contracting SAOG Approves Board ElectionsGalfar Engineering & Contracting SAOG at its Annual General Meeting of the shareholders held on 31 March 2026 approved the election of the following members as the new Board of Directors of the Company for a term of 3 years from 2026-2029: Mr. Asim Salim Ali Al Ghailani, Engr. Qais Mohammed Rashid Al Fannah Al Araimi and Mr. Seetharaman Sreedharan as Director.New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Large one-off items impacting financial results.New Risk • Mar 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change).Reported Earnings • Mar 13Full year 2025 earnings released: EPS: ر.ع0.018 (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: EPS: ر.ع0.018 (up from ر.ع0.013 loss in FY 2024). Revenue: ر.ع285.6m (flat on FY 2024). Net income: ر.ع5.20m (up ر.ع9.06m from FY 2024). Profit margin: 1.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.最新情報をもっと見るRecent updatesお知らせ • 13hGalfar Engineering & Contracting SAOG Announces Executive ChangesGalfar Engineering & Contracting SAOG had announced that Ms. Amal Al Khabouri, Chief Audit Executive, had submitted her resignation in order to pursue another career opportunity. The Board of Directors had accepted the resignation on June 09, 2026. To ensure the continuity of the Internal Audit function during the transition period, the Board of Directors had resolved to assign Mr. Ahmed Mahmoud, currently serving as Internal Audit Manager of the Company, to carry out the duties of the Chief Audit Executive in an acting capacity from June 14, 2026 until the process of permanently filling the position is completed.Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: ر.ع0.005 (vs ر.ع0.002 loss in 1Q 2025)First quarter 2026 results: EPS: ر.ع0.005 (up from ر.ع0.002 loss in 1Q 2025). Revenue: ر.ع70.8m (up 12% from 1Q 2025). Net income: ر.ع1.57m (up ر.ع2.25m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Apr 03Galfar Engineering & Contracting SAOG Approves Board ElectionsGalfar Engineering & Contracting SAOG at its Annual General Meeting of the shareholders held on 31 March 2026 approved the election of the following members as the new Board of Directors of the Company for a term of 3 years from 2026-2029: Mr. Asim Salim Ali Al Ghailani, Engr. Qais Mohammed Rashid Al Fannah Al Araimi and Mr. Seetharaman Sreedharan as Director.New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Large one-off items impacting financial results.New Risk • Mar 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change).Reported Earnings • Mar 13Full year 2025 earnings released: EPS: ر.ع0.018 (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: EPS: ر.ع0.018 (up from ر.ع0.013 loss in FY 2024). Revenue: ر.ع285.6m (flat on FY 2024). Net income: ر.ع5.20m (up ر.ع9.06m from FY 2024). Profit margin: 1.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Mar 12Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 31, 2026Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 31, 2026.Reported Earnings • Jan 17Full year 2025 earnings released: ر.ع0.003 loss per share (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: ر.ع0.003 loss per share (improved from ر.ع0.013 loss in FY 2024). Revenue: ر.ع5.65m (down 98% from FY 2024). Net loss: ر.ع855.2k (loss narrowed 78% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.New Risk • Jan 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Omani stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Board Change • Dec 09Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Price Target Changed • Dec 09Price target decreased by 35% to ر.ع0.066Down from ر.ع0.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ر.ع0.066. Stock is down 27% over the past year. The company posted a net loss per share of ر.ع0.013 last year.Board Change • May 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Apr 17First quarter 2025 earnings released: ر.ع0.002 loss per share (vs ر.ع0.001 profit in 1Q 2024)First quarter 2025 results: ر.ع0.002 loss per share (down from ر.ع0.001 profit in 1Q 2024). Revenue: ر.ع63.2m (down 4.0% from 1Q 2024). Net loss: ر.ع675.0k (down 441% from profit in 1Q 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Construction industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 15Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: ر.ع0.013 loss per share (down from ر.ع0.001 profit in FY 2023). Revenue: ر.ع286.0m (up 14% from FY 2023). Net loss: ر.ع3.86m (down ر.ع4.03m from profit in FY 2023). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Construction industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.お知らせ • Mar 11Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 25, 2025Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 25, 2025, at 17:00 Arabian Standard Time.Board Change • Mar 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Nov 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Oct 27Third quarter 2024 earnings released: ر.ع0.016 loss per share (vs ر.ع0.002 profit in 3Q 2023)Third quarter 2024 results: ر.ع0.016 loss per share (down from ر.ع0.002 profit in 3Q 2023). Revenue: ر.ع71.9m (up 15% from 3Q 2023). Net loss: ر.ع4.59m (down ر.ع5.16m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.New Risk • Oct 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 4.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 19First quarter 2024 earnings released: EPS: ر.ع0.001 (vs ر.ع0.002 in 1Q 2023)First quarter 2024 results: EPS: ر.ع0.001 (down from ر.ع0.002 in 1Q 2023). Revenue: ر.ع65.9m (up 13% from 1Q 2023). Net income: ر.ع202.0k (down 54% from 1Q 2023). Profit margin: 0.3% (down from 0.8% in 1Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ر.ع0.001 (down from ر.ع0.004 in FY 2022). Revenue: ر.ع249.9m (up 41% from FY 2022). Net income: ر.ع168.0k (down 87% from FY 2022). Profit margin: 0.1% (down from 0.7% in FY 2022). Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) missed analyst estimates by 88%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 14Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 28, 2024Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 28, 2024, at 13:00 Coordinated Universal Time. Agenda: To consider and approve the Board of Director's Report for the financial year ended 31 December 2023; to consider and approve the Corporate Governance Report for the financial year ended 31 December 2023; to consider and approve the Auditor's Report, Balance Sheet and Profit & Loss Account for the fiscal year ended 31/12/2023; to inform the Annual General Meeting of the transactions entered into by the company with related parties during the fiscal year ended 31/12/2023; to consider and approve the sitting fees for the Board of Directors and its Sub-committees drawn by the members of the Board during previous fiscal year- 2023 and to fix the sitting fees for the current fiscal year 2024; to inform the Annual General Meeting on the amounts spent for supporting corporate social activities during the fiscal year ended 31/12/2023.Major Estimate Revision • Jan 05Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.ع0.009 to ر.ع0.008. Revenue forecast unchanged from ر.ع234.0m at last update. Net income forecast to grow 62% next year vs 27% growth forecast for Construction industry in Oman. Consensus price target of ر.ع0.20 unchanged from last update. Share price fell 2.4% to ر.ع0.17 over the past week.Reported Earnings • Nov 18Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ر.ع62.6m (up 42% from 3Q 2022). Net income: ر.ع571.0k (up ر.ع1.26m from 3Q 2022). Profit margin: 0.9% (up from net loss in 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 07Price target decreased by 12% to ر.ع0.20Down from ر.ع0.23, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ر.ع0.16. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of ر.ع0.009 for next year compared to ر.ع0.0045 last year.Price Target Changed • Oct 18Price target increased by 12% to ر.ع0.23Up from ر.ع0.20, the current price target is provided by 1 analyst. New target price is 42% above last closing price of ر.ع0.16. Stock is down 0.6% over the past year. The company is forecast to post earnings per share of ر.ع0.013 for next year compared to ر.ع0.0045 last year.Reported Earnings • Mar 17Full year 2022 earnings released: EPS: ر.ع0.004 (vs ر.ع0.004 in FY 2021)Full year 2022 results: EPS: ر.ع0.004 (in line with FY 2021). Revenue: ر.ع177.6m (down 5.5% from FY 2021). Net income: ر.ع1.30m (up 2.0% from FY 2021). Profit margin: 0.7% (in line with FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 16Full year 2022 earnings released: EPS: ر.ع0.005 (vs ر.ع0.004 in FY 2021)Full year 2022 results: EPS: ر.ع0.005 (up from ر.ع0.004 in FY 2021). Revenue: ر.ع177.9m (down 5.4% from FY 2021). Net income: ر.ع1.33m (up 3.9% from FY 2021). Profit margin: 0.7% (in line with FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 19Third quarter 2022 earnings released: ر.ع0.002 loss per share (vs ر.ع0.001 loss in 3Q 2021)Third quarter 2022 results: ر.ع0.002 loss per share (further deteriorated from ر.ع0.001 loss in 3Q 2021). Revenue: ر.ع44.1m (up 4.9% from 3Q 2021). Net loss: ر.ع687.0k (loss widened 295% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ر.ع0.003 (vs ر.ع0 in 2Q 2021)Second quarter 2022 results: EPS: ر.ع0.003 (up from ر.ع0 in 2Q 2021). Revenue: ر.ع41.0m (down 22% from 2Q 2021). Net income: ر.ع728.0k (up ر.ع867.0k from 2Q 2021). Profit margin: 1.8% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the Construction industry in Oman. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 21First quarter 2022 earnings released: EPS: ر.ع0 (vs ر.ع0.005 in 1Q 2021)First quarter 2022 results: EPS: ر.ع0 (down from ر.ع0.005 in 1Q 2021). Revenue: ر.ع37.5m (down 27% from 1Q 2021). Net income: ر.ع68.0k (down 95% from 1Q 2021). Profit margin: 0.2% (down from 2.9% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ر.ع0.004 (up from ر.ع0.097 loss in FY 2020). Revenue: ر.ع187.9m (down 10.0% from FY 2020). Net income: ر.ع1.28m (up ر.ع29.5m from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Board Change • Jan 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Hassan Ahmed Al Nabhani was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Hassan Ahmed Al Nabhani was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 18Third quarter 2021 earnings released: ر.ع0.001 loss per share (vs ر.ع0.025 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2021 results: Revenue: ر.ع42.0m (flat on 3Q 2020). Net loss: ر.ع174.0k (loss narrowed 98% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Executive Departure • Sep 25Independent Non Executive Director Kalat Ghuloom Al Bulooshi has left the companyOn the 19th of September, Kalat Ghuloom Al Bulooshi's tenure as Independent Non Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Kalat Ghuloom's name. Kalat Ghuloom is the only executive to leave the company over the last 12 months.Reported Earnings • Aug 18Second quarter 2021 earnings released: ر.ع0.001 loss per share (vs ر.ع0.008 loss in 2Q 2020)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were flat. Second quarter 2021 results: Revenue: ر.ع52.3m (flat on 2Q 2020). Net loss: ر.ع139.0k (loss narrowed 96% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 17First quarter 2021 earnings released: EPS ر.ع0.004 (vs ر.ع0.018 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ر.ع51.5m (down 12% from 1Q 2020). Net income: ر.ع1.48m (up ر.ع9.14m from 1Q 2020). Profit margin: 2.9% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 20Full year 2020 earnings released: ر.ع0.068 loss per share (vs ر.ع0.052 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ر.ع208.9m (down 16% from FY 2019). Net loss: ر.ع28.3m (loss widened 31% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Jan 19Full year 2020 earnings released: ر.ع0.053 loss per shareThe company reported a poor full year result with increased losses and weaker revenues and control over expenses. Full year 2020 results: Revenue: ر.ع209.8m (down 16% from FY 2019). Net loss: ر.ع21.8m (loss widened 1.5% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 101% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 16Third quarter 2020 earnings released: ر.ع0.025 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ر.ع41.7m (down 33% from 3Q 2019). Net loss: ر.ع10.3m (loss widened ر.ع10.0m from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 16Third quarter earnings releasedOver the last 12 months the company has reported total losses of ر.ع44.6m, with earnings decreasing by ر.ع47.4m from the prior year. Total revenue was ر.ع211.7m over the last 12 months, down 21% from the prior year.株主還元GECSOM ConstructionOM 市場7D0.6%-1.7%0.5%1Y150.8%14.0%57.1%株主還元を見る業界別リターン: GECS過去 1 年間で14 % の収益を上げたOM Construction業界を上回りました。リターン対市場: GECS過去 1 年間で57.1 % の収益を上げたOM市場を上回りました。価格変動Is GECS's price volatile compared to industry and market?GECS volatilityGECS Average Weekly Movement10.1%Construction Industry Average Movement6.5%Market Average Movement4.8%10% most volatile stocks in OM Market7.1%10% least volatile stocks in OM Market2.4%安定した株価: GECSの株価は、 OM市場と比較して過去 3 か月間で変動しています。時間の経過による変動: GECSの weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてOMの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1972n/aHamoud AI Tobigalfar.com/oman/galfar/ガルファール・エンジニアリング・アンド・コントラクティングSAOG社は、その子会社とともに、オマーンでエンジニアリング、請負、建設事業に従事している。4つのセグメントで事業を展開している：建設、製造、機器レンタル、人材育成。同社は、宮殿、商業施設、集合住宅、教育機関、病院、記念碑、宗教的建造物、スタジアム、ショールーム、電話交換所、住宅など、さまざまなプロジェクトを建設している。また、石油・ガスパイプラインやフローラインの設計、土木、機械、電気、計装サービス、石油貯蔵タンク、集積所、コンプレッサーステーションの建設、送電システムの設計・建設も行っている。また、鉄道、道路、橋梁、ダム、港湾、空港、上下水道などの建設や、送水ネットワークの運営・保守、工業団地や製油所のインフラ工事、大規模な土木工事も行っている。さらに、機器のレンタル、トレーニングサービス、エンジニアリング、調達、建設コンサルタントサービス、生コンクリート製品の製造・販売、電気・空調サービス、配管工事・メンテナンス契約にも携わっている。同社は1972年に設立され、オマーンのマスカットに本社を置いている。もっと見るGalfar Engineering & Contracting SAOG 基礎のまとめGalfar Engineering & Contracting SAOG の収益と売上を時価総額と比較するとどうか。GECS 基礎統計学時価総額ر.ع82.35m収益（TTM）ر.ع7.45m売上高(TTM)ر.ع293.38m6.4xPER（株価収益率0.2xP/SレシオGECS は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計GECS 損益計算書（TTM）収益ر.ع293.38m売上原価ر.ع272.53m売上総利益ر.ع20.84mその他の費用ر.ع13.40m収益ر.ع7.45m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.026グロス・マージン7.10%純利益率2.54%有利子負債／自己資本比率403.1%GECS の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/10 07:51終値2026/06/10 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Galfar Engineering & Contracting SAOG 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Mai AttiaEFG-Hermes ResearchEyad FarajGoldman SachsAlia El MehelmyHSBC3 その他のアナリストを表示
お知らせ • 13hGalfar Engineering & Contracting SAOG Announces Executive ChangesGalfar Engineering & Contracting SAOG had announced that Ms. Amal Al Khabouri, Chief Audit Executive, had submitted her resignation in order to pursue another career opportunity. The Board of Directors had accepted the resignation on June 09, 2026. To ensure the continuity of the Internal Audit function during the transition period, the Board of Directors had resolved to assign Mr. Ahmed Mahmoud, currently serving as Internal Audit Manager of the Company, to carry out the duties of the Chief Audit Executive in an acting capacity from June 14, 2026 until the process of permanently filling the position is completed.
Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: ر.ع0.005 (vs ر.ع0.002 loss in 1Q 2025)First quarter 2026 results: EPS: ر.ع0.005 (up from ر.ع0.002 loss in 1Q 2025). Revenue: ر.ع70.8m (up 12% from 1Q 2025). Net income: ر.ع1.57m (up ر.ع2.25m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Apr 03Galfar Engineering & Contracting SAOG Approves Board ElectionsGalfar Engineering & Contracting SAOG at its Annual General Meeting of the shareholders held on 31 March 2026 approved the election of the following members as the new Board of Directors of the Company for a term of 3 years from 2026-2029: Mr. Asim Salim Ali Al Ghailani, Engr. Qais Mohammed Rashid Al Fannah Al Araimi and Mr. Seetharaman Sreedharan as Director.
New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Large one-off items impacting financial results.
New Risk • Mar 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change).
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: ر.ع0.018 (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: EPS: ر.ع0.018 (up from ر.ع0.013 loss in FY 2024). Revenue: ر.ع285.6m (flat on FY 2024). Net income: ر.ع5.20m (up ر.ع9.06m from FY 2024). Profit margin: 1.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • 13hGalfar Engineering & Contracting SAOG Announces Executive ChangesGalfar Engineering & Contracting SAOG had announced that Ms. Amal Al Khabouri, Chief Audit Executive, had submitted her resignation in order to pursue another career opportunity. The Board of Directors had accepted the resignation on June 09, 2026. To ensure the continuity of the Internal Audit function during the transition period, the Board of Directors had resolved to assign Mr. Ahmed Mahmoud, currently serving as Internal Audit Manager of the Company, to carry out the duties of the Chief Audit Executive in an acting capacity from June 14, 2026 until the process of permanently filling the position is completed.
Reported Earnings • Apr 16First quarter 2026 earnings released: EPS: ر.ع0.005 (vs ر.ع0.002 loss in 1Q 2025)First quarter 2026 results: EPS: ر.ع0.005 (up from ر.ع0.002 loss in 1Q 2025). Revenue: ر.ع70.8m (up 12% from 1Q 2025). Net income: ر.ع1.57m (up ر.ع2.25m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Apr 03Galfar Engineering & Contracting SAOG Approves Board ElectionsGalfar Engineering & Contracting SAOG at its Annual General Meeting of the shareholders held on 31 March 2026 approved the election of the following members as the new Board of Directors of the Company for a term of 3 years from 2026-2029: Mr. Asim Salim Ali Al Ghailani, Engr. Qais Mohammed Rashid Al Fannah Al Araimi and Mr. Seetharaman Sreedharan as Director.
New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change). Minor Risk Large one-off items impacting financial results.
New Risk • Mar 13New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (14% average weekly change).
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: ر.ع0.018 (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: EPS: ر.ع0.018 (up from ر.ع0.013 loss in FY 2024). Revenue: ر.ع285.6m (flat on FY 2024). Net income: ر.ع5.20m (up ر.ع9.06m from FY 2024). Profit margin: 1.8% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 12Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 31, 2026Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 31, 2026.
Reported Earnings • Jan 17Full year 2025 earnings released: ر.ع0.003 loss per share (vs ر.ع0.013 loss in FY 2024)Full year 2025 results: ر.ع0.003 loss per share (improved from ر.ع0.013 loss in FY 2024). Revenue: ر.ع5.65m (down 98% from FY 2024). Net loss: ر.ع855.2k (loss narrowed 78% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
New Risk • Jan 14New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Omani stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Board Change • Dec 09Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Price Target Changed • Dec 09Price target decreased by 35% to ر.ع0.066Down from ر.ع0.10, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ر.ع0.066. Stock is down 27% over the past year. The company posted a net loss per share of ر.ع0.013 last year.
Board Change • May 28Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Apr 17First quarter 2025 earnings released: ر.ع0.002 loss per share (vs ر.ع0.001 profit in 1Q 2024)First quarter 2025 results: ر.ع0.002 loss per share (down from ر.ع0.001 profit in 1Q 2024). Revenue: ر.ع63.2m (down 4.0% from 1Q 2024). Net loss: ر.ع675.0k (down 441% from profit in 1Q 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Construction industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 15Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: ر.ع0.013 loss per share (down from ر.ع0.001 profit in FY 2023). Revenue: ر.ع286.0m (up 14% from FY 2023). Net loss: ر.ع3.86m (down ر.ع4.03m from profit in FY 2023). Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Construction industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 11Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 25, 2025Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 25, 2025, at 17:00 Arabian Standard Time.
Board Change • Mar 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Nov 19Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsi was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Oct 27Third quarter 2024 earnings released: ر.ع0.016 loss per share (vs ر.ع0.002 profit in 3Q 2023)Third quarter 2024 results: ر.ع0.016 loss per share (down from ر.ع0.002 profit in 3Q 2023). Revenue: ر.ع71.9m (up 15% from 3Q 2023). Net loss: ر.ع4.59m (down ر.ع5.16m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.
New Risk • Oct 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 4.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
New Risk • Apr 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Omani stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 19First quarter 2024 earnings released: EPS: ر.ع0.001 (vs ر.ع0.002 in 1Q 2023)First quarter 2024 results: EPS: ر.ع0.001 (down from ر.ع0.002 in 1Q 2023). Revenue: ر.ع65.9m (up 13% from 1Q 2023). Net income: ر.ع202.0k (down 54% from 1Q 2023). Profit margin: 0.3% (down from 0.8% in 1Q 2023). Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 132% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 16Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ر.ع0.001 (down from ر.ع0.004 in FY 2022). Revenue: ر.ع249.9m (up 41% from FY 2022). Net income: ر.ع168.0k (down 87% from FY 2022). Profit margin: 0.1% (down from 0.7% in FY 2022). Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) missed analyst estimates by 88%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 14Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 28, 2024Galfar Engineering & Contracting SAOG, Annual General Meeting, Mar 28, 2024, at 13:00 Coordinated Universal Time. Agenda: To consider and approve the Board of Director's Report for the financial year ended 31 December 2023; to consider and approve the Corporate Governance Report for the financial year ended 31 December 2023; to consider and approve the Auditor's Report, Balance Sheet and Profit & Loss Account for the fiscal year ended 31/12/2023; to inform the Annual General Meeting of the transactions entered into by the company with related parties during the fiscal year ended 31/12/2023; to consider and approve the sitting fees for the Board of Directors and its Sub-committees drawn by the members of the Board during previous fiscal year- 2023 and to fix the sitting fees for the current fiscal year 2024; to inform the Annual General Meeting on the amounts spent for supporting corporate social activities during the fiscal year ended 31/12/2023.
Major Estimate Revision • Jan 05Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.ع0.009 to ر.ع0.008. Revenue forecast unchanged from ر.ع234.0m at last update. Net income forecast to grow 62% next year vs 27% growth forecast for Construction industry in Oman. Consensus price target of ر.ع0.20 unchanged from last update. Share price fell 2.4% to ر.ع0.17 over the past week.
Reported Earnings • Nov 18Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: ر.ع62.6m (up 42% from 3Q 2022). Net income: ر.ع571.0k (up ر.ع1.26m from 3Q 2022). Profit margin: 0.9% (up from net loss in 3Q 2022). Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 07Price target decreased by 12% to ر.ع0.20Down from ر.ع0.23, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ر.ع0.16. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of ر.ع0.009 for next year compared to ر.ع0.0045 last year.
Price Target Changed • Oct 18Price target increased by 12% to ر.ع0.23Up from ر.ع0.20, the current price target is provided by 1 analyst. New target price is 42% above last closing price of ر.ع0.16. Stock is down 0.6% over the past year. The company is forecast to post earnings per share of ر.ع0.013 for next year compared to ر.ع0.0045 last year.
Reported Earnings • Mar 17Full year 2022 earnings released: EPS: ر.ع0.004 (vs ر.ع0.004 in FY 2021)Full year 2022 results: EPS: ر.ع0.004 (in line with FY 2021). Revenue: ر.ع177.6m (down 5.5% from FY 2021). Net income: ر.ع1.30m (up 2.0% from FY 2021). Profit margin: 0.7% (in line with FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 16Full year 2022 earnings released: EPS: ر.ع0.005 (vs ر.ع0.004 in FY 2021)Full year 2022 results: EPS: ر.ع0.005 (up from ر.ع0.004 in FY 2021). Revenue: ر.ع177.9m (down 5.4% from FY 2021). Net income: ر.ع1.33m (up 3.9% from FY 2021). Profit margin: 0.7% (in line with FY 2021). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 19Third quarter 2022 earnings released: ر.ع0.002 loss per share (vs ر.ع0.001 loss in 3Q 2021)Third quarter 2022 results: ر.ع0.002 loss per share (further deteriorated from ر.ع0.001 loss in 3Q 2021). Revenue: ر.ع44.1m (up 4.9% from 3Q 2021). Net loss: ر.ع687.0k (loss widened 295% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: ر.ع0.003 (vs ر.ع0 in 2Q 2021)Second quarter 2022 results: EPS: ر.ع0.003 (up from ر.ع0 in 2Q 2021). Revenue: ر.ع41.0m (down 22% from 2Q 2021). Net income: ر.ع728.0k (up ر.ع867.0k from 2Q 2021). Profit margin: 1.8% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the Construction industry in Oman. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 21First quarter 2022 earnings released: EPS: ر.ع0 (vs ر.ع0.005 in 1Q 2021)First quarter 2022 results: EPS: ر.ع0 (down from ر.ع0.005 in 1Q 2021). Revenue: ر.ع37.5m (down 27% from 1Q 2021). Net income: ر.ع68.0k (down 95% from 1Q 2021). Profit margin: 0.2% (down from 2.9% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non Executive Director Hamdan Ahmed Al-Shaqsy was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ر.ع0.004 (up from ر.ع0.097 loss in FY 2020). Revenue: ر.ع187.9m (down 10.0% from FY 2020). Net income: ر.ع1.28m (up ر.ع29.5m from FY 2020). Profit margin: 0.7% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Board Change • Jan 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Hassan Ahmed Al Nabhani was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Dec 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Non-Executive Director Hassan Ahmed Al Nabhani was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 18Third quarter 2021 earnings released: ر.ع0.001 loss per share (vs ر.ع0.025 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses and improved control over expenses, although revenues were flat. Third quarter 2021 results: Revenue: ر.ع42.0m (flat on 3Q 2020). Net loss: ر.ع174.0k (loss narrowed 98% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Executive Departure • Sep 25Independent Non Executive Director Kalat Ghuloom Al Bulooshi has left the companyOn the 19th of September, Kalat Ghuloom Al Bulooshi's tenure as Independent Non Executive Director ended after 3.5 years in the role. We don't have any record of a personal shareholding under Kalat Ghuloom's name. Kalat Ghuloom is the only executive to leave the company over the last 12 months.
Reported Earnings • Aug 18Second quarter 2021 earnings released: ر.ع0.001 loss per share (vs ر.ع0.008 loss in 2Q 2020)The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were flat. Second quarter 2021 results: Revenue: ر.ع52.3m (flat on 2Q 2020). Net loss: ر.ع139.0k (loss narrowed 96% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 17First quarter 2021 earnings released: EPS ر.ع0.004 (vs ر.ع0.018 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ر.ع51.5m (down 12% from 1Q 2020). Net income: ر.ع1.48m (up ر.ع9.14m from 1Q 2020). Profit margin: 2.9% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 20Full year 2020 earnings released: ر.ع0.068 loss per share (vs ر.ع0.052 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ر.ع208.9m (down 16% from FY 2019). Net loss: ر.ع28.3m (loss widened 31% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jan 19Full year 2020 earnings released: ر.ع0.053 loss per shareThe company reported a poor full year result with increased losses and weaker revenues and control over expenses. Full year 2020 results: Revenue: ر.ع209.8m (down 16% from FY 2019). Net loss: ر.ع21.8m (loss widened 1.5% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 101% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 16Third quarter 2020 earnings released: ر.ع0.025 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: ر.ع41.7m (down 33% from 3Q 2019). Net loss: ر.ع10.3m (loss widened ر.ع10.0m from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 87% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 16Third quarter earnings releasedOver the last 12 months the company has reported total losses of ر.ع44.6m, with earnings decreasing by ر.ع47.4m from the prior year. Total revenue was ر.ع211.7m over the last 12 months, down 21% from the prior year.
