View ValuationNational Industrialization 将来の成長Future 基準チェック /46National Industrialization利益と収益がそれぞれ年間121%と12.2%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に2.4% 129.7%なると予測されています。主要情報121.0%収益成長率129.73%EPS成長率Chemicals 収益成長51.4%収益成長率12.2%将来の株主資本利益率2.42%アナリストカバレッジLow最終更新日03 May 2026今後の成長に関する最新情報Major Estimate Revision • Apr 07Consensus revenue estimates decrease by 14%, EPS upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ر.س3.56b to ر.س3.07b. Expected to report profit of -ر.س0.017, versus loss of ر.س0.023 per share previously. Chemicals industry in Saudi Arabia expected to see average net income growth of 19% next year. Consensus price target of ر.س10.43 unchanged from last update. Share price was steady at ر.س9.40 over the past week.Major Estimate Revision • Jan 17Consensus EPS estimates increase by 32%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ر.س0.189 to ر.س0.25. Revenue forecast steady at ر.س3.39b. Net income forecast to shrink 87% next year vs 26% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س10.86. Share price was steady at ر.س9.02 over the past week.Major Estimate Revision • Dec 05Consensus EPS estimates fall by 86%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ر.س1.35 to ر.س0.189 per share. Revenue forecast steady at ر.س3.41b. Net income forecast to grow 88% next year vs 64% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س11.00 unchanged from last update. Share price fell 3.4% to ر.س9.65 over the past week.Major Estimate Revision • Aug 04Consensus EPS estimates increase by 24%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ر.س3.78b to ر.س3.41b. EPS estimate rose from ر.س1.17 to ر.س1.45. Net income forecast to shrink 22% next year vs 134% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س11.12. Share price fell 2.7% to ر.س9.35 over the past week.Major Estimate Revision • Jun 14Consensus EPS estimates increase by 329%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ر.س3.95b to ر.س3.78b. EPS estimate rose from ر.س0.441 to ر.س1.89. Net income forecast to shrink 63% next year vs 43% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target of ر.س11.12 unchanged from last update. Share price fell 2.2% to ر.س9.06 over the past week.Major Estimate Revision • Aug 15Consensus EPS estimates fall by 25%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ر.س3.61b to ر.س3.74b. EPS estimate fell from ر.س0.456 to ر.س0.34 per share. Net income forecast to grow 1,486% next year vs 211% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س13.72 unchanged from last update. Share price was steady at ر.س11.14 over the past week.すべての更新を表示Recent updatesReported Earnings • May 14First quarter 2026 earnings released: ر.س0.51 loss per share (vs ر.س1.34 profit in 1Q 2025)First quarter 2026 results: ر.س0.51 loss per share (down from ر.س1.34 profit in 1Q 2025). Revenue: ر.س495.0m (down 43% from 1Q 2025). Net loss: ر.س341.3m (down 138% from profit in 1Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Saudi Arabia. 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.お知らせ • Apr 09National Industrialization Company, Annual General Meeting, Apr 30, 2026National Industrialization Company, Annual General Meeting, Apr 30, 2026, at 19:00 Arab Standard Time. Location: riyadh Saudi ArabiaMajor Estimate Revision • Apr 07Consensus revenue estimates decrease by 14%, EPS upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ر.س3.56b to ر.س3.07b. Expected to report profit of -ر.س0.017, versus loss of ر.س0.023 per share previously. Chemicals industry in Saudi Arabia expected to see average net income growth of 19% next year. Consensus price target of ر.س10.43 unchanged from last update. Share price was steady at ر.س9.40 over the past week.Reported Earnings • Mar 18Full year 2025 earnings released: ر.س2.68 loss per share (vs ر.س0.15 profit in FY 2024)Full year 2025 results: ر.س2.68 loss per share (down from ر.س0.15 profit in FY 2024). Revenue: ر.س2.49b (down 36% from FY 2024). Net loss: ر.س1.79b (down ر.س1.89b from profit in FY 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jan 17Consensus EPS estimates increase by 32%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ر.س0.189 to ر.س0.25. Revenue forecast steady at ر.س3.39b. Net income forecast to shrink 87% next year vs 26% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س10.86. Share price was steady at ر.س9.02 over the past week.Major Estimate Revision • Dec 05Consensus EPS estimates fall by 86%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ر.س1.35 to ر.س0.189 per share. Revenue forecast steady at ر.س3.41b. Net income forecast to grow 88% next year vs 64% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س11.00 unchanged from last update. Share price fell 3.4% to ر.س9.65 over the past week.Buy Or Sell Opportunity • Nov 09Now 23% undervaluedOver the last 90 days, the stock has risen 11% to ر.س10.59. The fair value is estimated to be ر.س13.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 24%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are forecast to decline by 17% per annum over the same time period.分析記事 • Oct 03Why Investors Shouldn't Be Surprised By National Industrialization Company's (TADAWUL:2060) P/SWith a median price-to-sales (or "P/S") ratio of close to 1.6x in the Chemicals industry in Saudi Arabia, you could be...Buy Or Sell Opportunity • Aug 31Now 20% undervaluedOver the last 90 days, the stock has risen 16% to ر.س10.65. The fair value is estimated to be ر.س13.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 24%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are forecast to decline by 17% per annum over the same time period.Reported Earnings • Aug 07Second quarter 2025 earnings released: ر.س0.10 loss per share (vs ر.س0.079 profit in 2Q 2024)Second quarter 2025 results: ر.س0.10 loss per share (down from ر.س0.079 profit in 2Q 2024). Revenue: ر.س808.9m (down 20% from 2Q 2024). Net loss: ر.س65.8m (down 225% from profit in 2Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Aug 04Consensus EPS estimates increase by 24%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ر.س3.78b to ر.س3.41b. EPS estimate rose from ر.س1.17 to ر.س1.45. Net income forecast to shrink 22% next year vs 134% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س11.12. Share price fell 2.7% to ر.س9.35 over the past week.Major Estimate Revision • Jun 14Consensus EPS estimates increase by 329%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ر.س3.95b to ر.س3.78b. EPS estimate rose from ر.س0.441 to ر.س1.89. Net income forecast to shrink 63% next year vs 43% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target of ر.س11.12 unchanged from last update. Share price fell 2.2% to ر.س9.06 over the past week.分析記事 • May 19National Industrialization's (TADAWUL:2060) Promising Earnings May Rest On Soft FoundationsNational Industrialization Company's ( TADAWUL:2060 ) robust earnings report didn't manage to move the market for its...New Risk • May 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 4,279% 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 Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.New Risk • May 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • May 14First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: ر.س1.34 (up from ر.س0.11 loss in 1Q 2024). Revenue: ر.س862.7m (up 13% from 1Q 2024). Net income: ر.س895.8m (up ر.س967.9m from 1Q 2024). Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.お知らせ • May 13National Industrialization Company Approves Board AppointmentsNational Industrialization Company at its Extraordinary General Assembly Meeting held on May 11, 2025, approved the appointment of Ahmad Al Humaidan, Mohammed Al Haqbani, Musaab Al Muhaidib and Muath Al Zamil as Members of Board of Directors for the next Board term starting on July 6, 2025 and ending on July 5, 2029, for the period of four years.お知らせ • Apr 17National Industrialization Company, Annual General Meeting, May 11, 2025National Industrialization Company, Annual General Meeting, May 11, 2025, at 20:00 Arab Standard Time. Location: riyadh Saudi ArabiaNew Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 107% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).Reported Earnings • Mar 25Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ر.س0.15 (down from ر.س0.26 in FY 2023). Revenue: ر.س3.90b (up 9.4% from FY 2023). Net income: ر.س102.8m (down 41% from FY 2023). Profit margin: 2.6% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 32%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Saudi Arabia. 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.分析記事 • Feb 25Investors Interested In National Industrialization Company's (TADAWUL:2060) RevenuesThere wouldn't be many who think National Industrialization Company's ( TADAWUL:2060 ) price-to-sales (or "P/S") ratio...分析記事 • Nov 08There May Be Some Bright Spots In National Industrialization's (TADAWUL:2060) EarningsShareholders appeared unconcerned with National Industrialization Company's ( TADAWUL:2060 ) lackluster earnings report...Reported Earnings • Nov 02Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: ر.س0.13 (up from ر.س0.12 in 3Q 2023). Revenue: ر.س1.03b (up 24% from 3Q 2023). Net income: ر.س89.0m (up 14% from 3Q 2023). Profit margin: 8.7% (down from 9.4% in 3Q 2023). Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 86%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Aug 15Consensus EPS estimates fall by 25%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ر.س3.61b to ر.س3.74b. EPS estimate fell from ر.س0.456 to ر.س0.34 per share. Net income forecast to grow 1,486% next year vs 211% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س13.72 unchanged from last update. Share price was steady at ر.س11.14 over the past week.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: ر.س0.08 (vs ر.س0.047 in 2Q 2023)Second quarter 2024 results: EPS: ر.س0.08 (up from ر.س0.047 in 2Q 2023). Revenue: ر.س1.01b (up 13% from 2Q 2023). Net income: ر.س52.8m (up 68% from 2Q 2023). Profit margin: 5.2% (up from 3.5% in 2Q 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 62% 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.分析記事 • Jul 17Why We're Not Concerned About National Industrialization Company's (TADAWUL:2060) Share PriceWith a median price-to-sales (or "P/S") ratio of close to 1.9x in the Chemicals industry in Saudi Arabia, you could be...Reported Earnings • May 14First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: ر.س0.11 loss per share (down from ر.س0.12 profit in 1Q 2023). Revenue: ر.س761.4m (down 14% from 1Q 2023). Net loss: ر.س72.1m (down 188% from profit in 1Q 2023). Revenue missed analyst estimates by 17%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Mar 30Consensus EPS estimates fall by 39%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ر.س3.55b to ر.س3.62b. EPS estimate fell from ر.س0.935 to ر.س0.571 per share. Net income forecast to grow 295% next year vs 92% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س14.12 unchanged from last update. Share price fell 2.6% to ر.س13.24 over the past week.分析記事 • Mar 18There May Be Reason For Hope In National Industrialization's (TADAWUL:2060) Disappointing EarningsNational Industrialization Company's ( TADAWUL:2060 ) recent soft profit numbers didn't appear to worry shareholders...Reported Earnings • Mar 12Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ر.س0.26 (down from ر.س1.00 in FY 2022). Revenue: ر.س3.57b (down 8.1% from FY 2022). Net income: ر.س174.6m (down 74% from FY 2022). Profit margin: 4.9% (down from 17% in FY 2022). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 47%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Mar 07National Industrialization Company Announces CEO ChangesNational Industrialization Company accepted the resignation of Eng. Mutlaq Hamad AL-Morished from his position as CEO of the Company to retirement. National Industrialization Company announces its Board of Directors resolution dated 6 March 2024G corresponding to 25 Shaaban 1445H, to accept the resignation of Eng. Mutlaq Hamad AL-Morished from his position as CEO of the Company to retirement. The resignation will be effective from 31 March 2024G corresponding to 21 Ramadan 1445H. The Board and all the Companys employees would like to express their sincere gratitude and appreciation to Eng. Mutlaq AL-Morished for his role and exceptional efforts in improving the performance of the Company during his presidency, wishing him all the best of luck and success. The Board has also resolved to appoint Mr. Fawaz Mohammad Al-Fawaz as the CEO of the Company starting from 01 April 2024G corresponding to 22 Ramadan 1445H. Mr. Al-Fawaz has over 30 years of experience in the Global petrochemical industry and worked as the Chief Financial Officer (CFO) for TASNEE since April 2015. Mr. Al-Fawaz holds a Bachelors degree in Accounting from King Saud University and has various post graduate certifications from leading international institutions in areas such as Strategic Finance, Merger & Acquisition, Corporate Risk & Governance and Leadership. He is also the chairman of the board for Saudi Logistics Company (SAL), and a board member of Saudi Chemical Holding Company and Industrialization and Energy Services Company (TAQA).分析記事 • Mar 04Getting In Cheap On National Industrialization Company (TADAWUL:2060) Is UnlikelyWhen close to half the companies in the Chemicals industry in Saudi Arabia have price-to-sales ratios (or "P/S") below...Buy Or Sell Opportunity • Feb 27Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to ر.س13.32. The fair value is estimated to be ر.س10.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 35% per annum over the same time period.Buy Or Sell Opportunity • Feb 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to ر.س13.04. The fair value is estimated to be ر.س10.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 35% per annum over the same time period.分析記事 • Nov 20There's Been No Shortage Of Growth Recently For National Industrialization's (TADAWUL:2060) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Reported Earnings • Nov 03Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: ر.س0.12 (up from ر.س0.026 in 3Q 2022). Revenue: ر.س831.9m (down 6.2% from 3Q 2022). Net income: ر.س78.2m (up 357% from 3Q 2022). Profit margin: 9.4% (up from 1.9% in 3Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Major Estimate Revision • Oct 31Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.س0.603 to ر.س0.503 per share. Revenue forecast steady at ر.س3.54b. Net income forecast to grow 237% next year vs 85% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س14.32. Share price rose 3.6% to ر.س11.60 over the past week.分析記事 • Aug 07These Return Metrics Don't Make National Industrialization (TADAWUL:2060) Look Too StrongTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...New Risk • Aug 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin).Reported Earnings • Aug 04Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: ر.س0.05 (down from ر.س0.44 in 2Q 2022). Revenue: ر.س889.2m (down 17% from 2Q 2022). Net income: ر.س31.4m (down 89% from 2Q 2022). Profit margin: 3.5% (down from 28% in 2Q 2022). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 76%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Jul 31Consensus EPS estimates fall by 33%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ر.س3.85b to ر.س3.58b. EPS estimate also fell from ر.س1.06 per share to ر.س0.71 per share. Net income forecast to grow 41% next year vs 2.3% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س14.10 unchanged from last update. Share price fell 3.3% to ر.س14.02 over the past week.分析記事 • Jul 17An Intrinsic Calculation For National Industrialization Company (TADAWUL:2060) Suggests It's 31% UndervaluedKey Insights The projected fair value for National Industrialization is ر.س21.14 based on 2 Stage Free Cash Flow to...Major Estimate Revision • Jul 12Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.س1.08 to ر.س0.953. Revenue forecast unchanged from ر.س3.78b at last update. Net income forecast to grow 63% next year vs 16% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س13.68 unchanged from last update. Share price was steady at ر.س14.80 over the past week.分析記事 • Jun 22Need To Know: Analysts Are Much More Bullish On National Industrialization Company (TADAWUL:2060)Celebrations may be in order for National Industrialization Company ( TADAWUL:2060 ) shareholders, with the analysts...Major Estimate Revision • Jun 21Consensus revenue estimates increase by 17%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from ر.س3.24b to ر.س3.78b. EPS estimate increased from ر.س0.709 to ر.س1.08 per share. Net income forecast to grow 78% next year vs 2.4% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س13.68 unchanged from last update. Share price was steady at ر.س15.02 over the past week.Major Estimate Revision • May 03Consensus EPS estimates fall by 13%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ر.س2.93b to ر.س3.08b. EPS estimate fell from ر.س0.80 to ر.س0.693 per share. Net income forecast to shrink 5.1% next year vs 28% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س14.08 to ر.س13.68. Share price fell 5.8% to ر.س12.96 over the past week.分析記事 • May 03National Industrialization (TADAWUL:2060) Shareholders Will Want The ROCE Trajectory To ContinueFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Apr 05National Industrialization Company's (TADAWUL:2060) Intrinsic Value Is Potentially 57% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, National Industrialization fair value estimate is ر.س20.75...分析記事 • Feb 21If EPS Growth Is Important To You, National Industrialization (TADAWUL:2060) Presents An OpportunityFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Jan 25We Like These Underlying Return On Capital Trends At National Industrialization (TADAWUL:2060)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Major Estimate Revision • Jan 13Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ر.س1.52 to ر.س1.29. Revenue forecast unchanged from ر.س3.79b at last update. Net income forecast to shrink 27% next year vs 25% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س16.95 to ر.س15.20. Share price was steady at ر.س12.88 over the past week.Price Target Changed • Jan 11Price target decreased to ر.س15.45Down from ر.س16.95, the current price target is an average from 6 analysts. New target price is 21% above last closing price of ر.س12.78. Stock is down 41% over the past year. The company is forecast to post earnings per share of ر.س1.42 for next year compared to ر.س2.03 last year.分析記事 • Jan 01Calculating The Fair Value Of National Industrialization Company (TADAWUL:2060)How far off is National Industrialization Company ( TADAWUL:2060 ) from its intrinsic value? Using the most recent...Price Target Changed • Dec 20Price target decreased to ر.س18.13Down from ر.س19.72, the current price target is an average from 6 analysts. New target price is 48% above last closing price of ر.س12.28. Stock is down 40% over the past year. The company is forecast to post earnings per share of ر.س0.97 for next year compared to ر.س2.03 last year.Price Target Changed • Nov 22Price target decreased to ر.س18.13Down from ر.س19.72, the current price target is an average from 6 analysts. New target price is 53% above last closing price of ر.س11.86. Stock is down 46% over the past year. The company is forecast to post earnings per share of ر.س1.41 for next year compared to ر.س2.03 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Abdul Rahman Sulaiman Al-Sayyari was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 02Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: ر.س0.03 (down from ر.س0.50 in 3Q 2021). Revenue: ر.س887.1m (down 12% from 3Q 2021). Net income: ر.س17.1m (down 95% from 3Q 2021). Profit margin: 1.9% (down from 33% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 92%. Revenue is expected to fall by 6.0% p.a. on average during the next 3 years compared to a 5.4% decline forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.分析記事 • Nov 02Analysts Just Slashed Their National Industrialization Company (TADAWUL:2060) Earnings ForecastsThe latest analyst coverage could presage a bad day for National Industrialization Company ( TADAWUL:2060 ), with the...分析記事 • Oct 31Why National Industrialization Company (TADAWUL:2060) Could Be Worth WatchingWhile National Industrialization Company ( TADAWUL:2060 ) might not be the most widely known stock at the moment, it...分析記事 • Sep 25National Industrialization (TADAWUL:2060) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...分析記事 • Sep 07Benign Growth For National Industrialization Company (TADAWUL:2060) Underpins Its Share PriceNational Industrialization Company's ( TADAWUL:2060 ) price-to-earnings (or "P/E") ratio of 7.9x might make it look...分析記事 • Aug 08Here's Why We Think National Industrialization (TADAWUL:2060) Is Well Worth WatchingIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...分析記事 • Aug 08National Industrialization Company Just Beat Revenue By 9.8%: Here's What Analysts Think Will Happen NextNational Industrialization Company ( TADAWUL:2060 ) shareholders are probably feeling a little disappointed, since its...Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: ر.س0.44 (vs ر.س0.53 in 2Q 2021)Second quarter 2022 results: EPS: ر.س0.44 (down from ر.س0.53 in 2Q 2021). Revenue: ر.س1.08b (up 38% from 2Q 2021). Net income: ر.س297.1m (down 17% from 2Q 2021). Profit margin: 28% (down from 46% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 18% compared to a 1.4% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Aug 06Consensus EPS estimates increase by 23%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ر.س3.26b to ر.س3.52b. EPS estimate increased from ر.س1.43 to ر.س1.75 per share. Net income forecast to shrink 13% next year vs 14% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س20.63 to ر.س19.88. Share price was steady at ر.س16.58 over the past week.分析記事 • Jul 15National Industrialization Company's (TADAWUL:2060) Intrinsic Value Is Potentially 96% Above Its Share PriceDoes the July share price for National Industrialization Company ( TADAWUL:2060 ) reflect what it's really worth...お知らせ • Jul 06National Industrialization Company Appoints Mubarak Abdullah Al Khafrah as Chairman of the Board and Talal Ibrahim Al Maiman as Vice ChairmanNational Industrialization Company (Tasnee) has appointed Mubarak Abdullah Al Khafrah as the new Chairman of the board for the next three years. The company also appointed Talal Ibrahim Al Maiman as the Vice Chairman, according to a bourse filing on July 5, 2022. Meanwhile, the two officials will assume their new roles from 6 July 2022 until 5 July 2025.分析記事 • Jun 23Investors Will Want National Industrialization's (TADAWUL:2060) Growth In ROCE To PersistDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...Reported Earnings • May 04First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ر.س0.46 (down from ر.س0.49 in 1Q 2021). Revenue: ر.س979.2m (up 35% from 1Q 2021). Net income: ر.س309.0m (down 5.7% from 1Q 2021). Profit margin: 32% (down from 45% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is expected to shrink by 13% compared to a 9.1% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to ر.س21.30Up from ر.س19.15, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ر.س20.62. Stock is up 14% over the past year. The company is forecast to post earnings per share of ر.س2.05 for next year compared to ر.س2.03 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Abdul Rahman Sulaiman Al-Sayyari was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Buying Opportunity • Apr 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 1.5%. The fair value is estimated to be ر.س27.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 3.3% per annum. Earnings is forecast to grow by 2.5% per annum over the same time period.Price Target Changed • Apr 07Price target increased to ر.س20.56Up from ر.س19.15, the current price target is an average from 4 analysts. New target price is 7.1% below last closing price of ر.س22.14. Stock is up 37% over the past year. The company is forecast to post earnings per share of ر.س2.09 for next year compared to ر.س2.03 last year.お知らせ • Mar 31National Industrialization Company, Annual General Meeting, Apr 20, 2022National Industrialization Company, Annual General Meeting, Apr 20, 2022, at 18:45 Coordinated Universal Time. Agenda: To consider Voting on the Board of Directors report for the fiscal year ending on December 31, 2021; to consider Voting on the auditor's report for the fiscal year ending on December 31, 2021; to consider Voting on the Company's financial statements for the fiscal year ending on December 31, 2021; to consider Voting on the appointment of the external auditor, based on the recommendation of the Audit Committee; to examine, review and audit the financial statements for the second and third quarters as well as the annual statements for the fiscal year 2022 and for the first quarter of the year 2023, and to determine the auditor's fees; and to consider other.Reported Earnings • Mar 16Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: ر.س3.67b (up 62% from FY 2020). Net income: ر.س1.36b (up ر.س1.80b from FY 2020). Profit margin: 37% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 13%. Over the next year, revenue is expected to shrink by 8.9% compared to a 9.5% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 08National Industrialization Company's (TADAWUL:2060) Intrinsic Value Is Potentially 40% Above Its Share PriceIn this article we are going to estimate the intrinsic value of National Industrialization Company ( TADAWUL:2060 ) by...Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to ر.س25.95, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Chemicals industry in Saudi Arabia. Total returns to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س36.17 per share.分析記事 • Dec 08National Industrialization's (TADAWUL:2060) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS ر.س0.50 (vs ر.س0.063 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ر.س1.00b (up 75% from 3Q 2020). Net income: ر.س333.4m (up ر.س375.8m from 3Q 2020). Profit margin: 33% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. 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 13% per year.Executive Departure • Oct 01Non-Executive Director Ibrahim Bin Ali Al Qadi has left the companyOn the 28th of September, Ibrahim Bin Ali Al Qadi's tenure as Non-Executive Director ended. We don't have any record of a personal shareholding under Ibrahim's name. Ibrahim is the only executive to leave the company over the last 12 months.分析記事 • Aug 16The Strong Earnings Posted By National Industrialization (TADAWUL:2060) Are A Good Indication Of The Strength Of The BusinessThe subdued stock price reaction suggests that National Industrialization Company's ( TADAWUL:2060 ) strong earnings...Reported Earnings • Aug 11Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ر.س780.4m (up 61% from 2Q 2020). Net income: ر.س356.7m (up ر.س545.6m from 2Q 2020). Profit margin: 46% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.分析記事 • Apr 03Companies Like National Industrialization (TADAWUL:2060) Are In A Position To Invest In GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...Reported Earnings • Apr 02Full year 2020 earnings released: ر.س0.67 loss per share (vs ر.س0.64 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.س2.27b (down 25% from FY 2019). Net loss: ر.س446.7m (loss widened 4.6% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 25New 90-day high: ر.س14.88The company is up 14% from its price of ر.س13.00 on 26 November 2020. The Saudi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 12% over the same period.分析記事 • Feb 25National Industrialization (TADAWUL:2060) Shareholders Have Enjoyed A 60% Share Price GainGenerally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...Is New 90 Day High Low • Dec 28New 90-day high: ر.س14.34The company is up 12% from its price of ر.س12.80 on 29 September 2020. The Saudi market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 13% over the same period.Reported Earnings • Nov 11Third quarter 2020 earnings released: ر.س0.037 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ر.س555.3m (down 31% from 3Q 2019). Net loss: ر.س49.2m (down 219% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 110% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Price Target Changed • Oct 23Price target raised to ر.س10.93Up from ر.س10.13, the current price target is an average from 3 analysts. The new target price is 17% below the current share price of ر.س13.22. As of last close, the stock is up 2.3% over the past year.Is New 90 Day High Low • Sep 28New 90-day high: ر.س13.04The company is up 25% from its price of ر.س10.44 on 30 June 2020. The Saudi market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ر.س0.61 per share.業績と収益の成長予測SASE:2060 - アナリストの将来予測と過去の財務データ ( )SAR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20283,319372327430312/31/20273,205163153282312/31/20262,836-3677029023/31/20262,336-3,029-330-97N/A12/31/20252,489-1,790-544-205N/A9/30/20252,543114-701-359N/A6/30/20252,713761-143217N/A3/31/20252,911880-460-164N/A12/31/20243,024-75-262-70N/A9/30/20243,75580-13510N/A6/30/20243,55869-347-246N/A3/31/20243,44047-95-33N/A12/31/20233,56720274150N/A9/30/20233,549235163310N/A6/30/20233,604174418571N/A3/31/20233,792439555738N/A12/31/20223,883666637804N/A9/30/20224,1069621,0881,183N/A6/30/20224,2241,2781,1571,249N/A3/31/20223,9271,3389291,010N/A12/31/20213,6731,356787845N/A9/30/20213,117845241336N/A6/30/20212,686469-209-110N/A3/31/20212,343-6712107N/A12/31/20202,272-447-7729N/A9/30/20202,373-896-724-624N/A6/30/20202,600-83197209N/A3/31/20202,894-1,102-575-495N/A12/31/20192,979-678N/A-273N/A9/30/20193,150-66N/A792N/A6/30/20193,199-149N/A671N/A3/31/20193,184267N/A1,776N/A12/31/20183,065-160N/A2,161N/A9/30/20185,075177N/A3,310N/A6/30/20186,985429N/A2,166N/A3/31/20188,936557N/A1,948N/A12/31/201710,796716N/A1,530N/A9/30/201710,192398N/A-255N/A6/30/20179,513314N/A578N/A3/31/20179,017308N/A198N/A12/31/20168,620101N/A37N/A9/30/20169,767-595N/A1,079N/A6/30/201611,301-999N/A1,869N/A3/31/201613,287-1,194N/A1,889N/A12/31/201515,146-1,423N/A2,978N/A9/30/201515,291-639N/A3,286N/A6/30/201517,290-99N/A3,212N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 2060は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 15.1% ) よりも高い成長率であると考えられます。収益対市場: 2060今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 2060今後 3 年以内に収益を上げることが予想されます。収益対市場: 2060の収益 ( 12.2% ) SA市場 ( 1.1% ) よりも速いペースで成長すると予測されています。高い収益成長: 2060の収益 ( 12.2% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 2060の 自己資本利益率 は、3年後には低くなると予測されています ( 2.4 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance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 14:54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National Industrialization Company 3 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。18 アナリスト機関null nullAlembic Global AdvisorsJassim Al-JubranAljazira Capital CompanySoha SaniourArqaam Capital Research Offshore S.A.L.15 その他のアナリストを表示
Major Estimate Revision • Apr 07Consensus revenue estimates decrease by 14%, EPS upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ر.س3.56b to ر.س3.07b. Expected to report profit of -ر.س0.017, versus loss of ر.س0.023 per share previously. Chemicals industry in Saudi Arabia expected to see average net income growth of 19% next year. Consensus price target of ر.س10.43 unchanged from last update. Share price was steady at ر.س9.40 over the past week.
Major Estimate Revision • Jan 17Consensus EPS estimates increase by 32%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ر.س0.189 to ر.س0.25. Revenue forecast steady at ر.س3.39b. Net income forecast to shrink 87% next year vs 26% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س10.86. Share price was steady at ر.س9.02 over the past week.
Major Estimate Revision • Dec 05Consensus EPS estimates fall by 86%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ر.س1.35 to ر.س0.189 per share. Revenue forecast steady at ر.س3.41b. Net income forecast to grow 88% next year vs 64% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س11.00 unchanged from last update. Share price fell 3.4% to ر.س9.65 over the past week.
Major Estimate Revision • Aug 04Consensus EPS estimates increase by 24%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ر.س3.78b to ر.س3.41b. EPS estimate rose from ر.س1.17 to ر.س1.45. Net income forecast to shrink 22% next year vs 134% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س11.12. Share price fell 2.7% to ر.س9.35 over the past week.
Major Estimate Revision • Jun 14Consensus EPS estimates increase by 329%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ر.س3.95b to ر.س3.78b. EPS estimate rose from ر.س0.441 to ر.س1.89. Net income forecast to shrink 63% next year vs 43% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target of ر.س11.12 unchanged from last update. Share price fell 2.2% to ر.س9.06 over the past week.
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 25%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ر.س3.61b to ر.س3.74b. EPS estimate fell from ر.س0.456 to ر.س0.34 per share. Net income forecast to grow 1,486% next year vs 211% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س13.72 unchanged from last update. Share price was steady at ر.س11.14 over the past week.
Reported Earnings • May 14First quarter 2026 earnings released: ر.س0.51 loss per share (vs ر.س1.34 profit in 1Q 2025)First quarter 2026 results: ر.س0.51 loss per share (down from ر.س1.34 profit in 1Q 2025). Revenue: ر.س495.0m (down 43% from 1Q 2025). Net loss: ر.س341.3m (down 138% from profit in 1Q 2025). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Chemicals industry in Saudi Arabia. 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.
お知らせ • Apr 09National Industrialization Company, Annual General Meeting, Apr 30, 2026National Industrialization Company, Annual General Meeting, Apr 30, 2026, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia
Major Estimate Revision • Apr 07Consensus revenue estimates decrease by 14%, EPS upgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ر.س3.56b to ر.س3.07b. Expected to report profit of -ر.س0.017, versus loss of ر.س0.023 per share previously. Chemicals industry in Saudi Arabia expected to see average net income growth of 19% next year. Consensus price target of ر.س10.43 unchanged from last update. Share price was steady at ر.س9.40 over the past week.
Reported Earnings • Mar 18Full year 2025 earnings released: ر.س2.68 loss per share (vs ر.س0.15 profit in FY 2024)Full year 2025 results: ر.س2.68 loss per share (down from ر.س0.15 profit in FY 2024). Revenue: ر.س2.49b (down 36% from FY 2024). Net loss: ر.س1.79b (down ر.س1.89b from profit in FY 2024). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jan 17Consensus EPS estimates increase by 32%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from ر.س0.189 to ر.س0.25. Revenue forecast steady at ر.س3.39b. Net income forecast to shrink 87% next year vs 26% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س10.86. Share price was steady at ر.س9.02 over the past week.
Major Estimate Revision • Dec 05Consensus EPS estimates fall by 86%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ر.س1.35 to ر.س0.189 per share. Revenue forecast steady at ر.س3.41b. Net income forecast to grow 88% next year vs 64% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س11.00 unchanged from last update. Share price fell 3.4% to ر.س9.65 over the past week.
Buy Or Sell Opportunity • Nov 09Now 23% undervaluedOver the last 90 days, the stock has risen 11% to ر.س10.59. The fair value is estimated to be ر.س13.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 24%. For the next 3 years, revenue is forecast to grow by 3.2% per annum. Earnings are forecast to decline by 17% per annum over the same time period.
分析記事 • Oct 03Why Investors Shouldn't Be Surprised By National Industrialization Company's (TADAWUL:2060) P/SWith a median price-to-sales (or "P/S") ratio of close to 1.6x in the Chemicals industry in Saudi Arabia, you could be...
Buy Or Sell Opportunity • Aug 31Now 20% undervaluedOver the last 90 days, the stock has risen 16% to ر.س10.65. The fair value is estimated to be ر.س13.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 24%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are forecast to decline by 17% per annum over the same time period.
Reported Earnings • Aug 07Second quarter 2025 earnings released: ر.س0.10 loss per share (vs ر.س0.079 profit in 2Q 2024)Second quarter 2025 results: ر.س0.10 loss per share (down from ر.س0.079 profit in 2Q 2024). Revenue: ر.س808.9m (down 20% from 2Q 2024). Net loss: ر.س65.8m (down 225% from profit in 2Q 2024). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Aug 04Consensus EPS estimates increase by 24%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ر.س3.78b to ر.س3.41b. EPS estimate rose from ر.س1.17 to ر.س1.45. Net income forecast to shrink 22% next year vs 134% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س11.12. Share price fell 2.7% to ر.س9.35 over the past week.
Major Estimate Revision • Jun 14Consensus EPS estimates increase by 329%, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from ر.س3.95b to ر.س3.78b. EPS estimate rose from ر.س0.441 to ر.س1.89. Net income forecast to shrink 63% next year vs 43% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target of ر.س11.12 unchanged from last update. Share price fell 2.2% to ر.س9.06 over the past week.
分析記事 • May 19National Industrialization's (TADAWUL:2060) Promising Earnings May Rest On Soft FoundationsNational Industrialization Company's ( TADAWUL:2060 ) robust earnings report didn't manage to move the market for its...
New Risk • May 17New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 4,279% 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 Risk Earnings are forecast to decline by an average of 23% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
New Risk • May 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 23% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • May 14First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: ر.س1.34 (up from ر.س0.11 loss in 1Q 2024). Revenue: ر.س862.7m (up 13% from 1Q 2024). Net income: ر.س895.8m (up ر.س967.9m from 1Q 2024). Revenue missed analyst estimates by 16%. Earnings per share (EPS) exceeded analyst estimates significantly. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
お知らせ • May 13National Industrialization Company Approves Board AppointmentsNational Industrialization Company at its Extraordinary General Assembly Meeting held on May 11, 2025, approved the appointment of Ahmad Al Humaidan, Mohammed Al Haqbani, Musaab Al Muhaidib and Muath Al Zamil as Members of Board of Directors for the next Board term starting on July 6, 2025 and ending on July 5, 2029, for the period of four years.
お知らせ • Apr 17National Industrialization Company, Annual General Meeting, May 11, 2025National Industrialization Company, Annual General Meeting, May 11, 2025, at 20:00 Arab Standard Time. Location: riyadh Saudi Arabia
New Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 107% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.6% net profit margin).
Reported Earnings • Mar 25Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: ر.س0.15 (down from ر.س0.26 in FY 2023). Revenue: ر.س3.90b (up 9.4% from FY 2023). Net income: ر.س102.8m (down 41% from FY 2023). Profit margin: 2.6% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 32%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Saudi Arabia. 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.
分析記事 • Feb 25Investors Interested In National Industrialization Company's (TADAWUL:2060) RevenuesThere wouldn't be many who think National Industrialization Company's ( TADAWUL:2060 ) price-to-sales (or "P/S") ratio...
分析記事 • Nov 08There May Be Some Bright Spots In National Industrialization's (TADAWUL:2060) EarningsShareholders appeared unconcerned with National Industrialization Company's ( TADAWUL:2060 ) lackluster earnings report...
Reported Earnings • Nov 02Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: ر.س0.13 (up from ر.س0.12 in 3Q 2023). Revenue: ر.س1.03b (up 24% from 3Q 2023). Net income: ر.س89.0m (up 14% from 3Q 2023). Profit margin: 8.7% (down from 9.4% in 3Q 2023). Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 86%. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 25%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ر.س3.61b to ر.س3.74b. EPS estimate fell from ر.س0.456 to ر.س0.34 per share. Net income forecast to grow 1,486% next year vs 211% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س13.72 unchanged from last update. Share price was steady at ر.س11.14 over the past week.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: ر.س0.08 (vs ر.س0.047 in 2Q 2023)Second quarter 2024 results: EPS: ر.س0.08 (up from ر.س0.047 in 2Q 2023). Revenue: ر.س1.01b (up 13% from 2Q 2023). Net income: ر.س52.8m (up 68% from 2Q 2023). Profit margin: 5.2% (up from 3.5% in 2Q 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 62% 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.
分析記事 • Jul 17Why We're Not Concerned About National Industrialization Company's (TADAWUL:2060) Share PriceWith a median price-to-sales (or "P/S") ratio of close to 1.9x in the Chemicals industry in Saudi Arabia, you could be...
Reported Earnings • May 14First quarter 2024 earnings: EPS and revenues miss analyst expectationsFirst quarter 2024 results: ر.س0.11 loss per share (down from ر.س0.12 profit in 1Q 2023). Revenue: ر.س761.4m (down 14% from 1Q 2023). Net loss: ر.س72.1m (down 188% from profit in 1Q 2023). Revenue missed analyst estimates by 17%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Mar 30Consensus EPS estimates fall by 39%, revenue upgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from ر.س3.55b to ر.س3.62b. EPS estimate fell from ر.س0.935 to ر.س0.571 per share. Net income forecast to grow 295% next year vs 92% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س14.12 unchanged from last update. Share price fell 2.6% to ر.س13.24 over the past week.
分析記事 • Mar 18There May Be Reason For Hope In National Industrialization's (TADAWUL:2060) Disappointing EarningsNational Industrialization Company's ( TADAWUL:2060 ) recent soft profit numbers didn't appear to worry shareholders...
Reported Earnings • Mar 12Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ر.س0.26 (down from ر.س1.00 in FY 2022). Revenue: ر.س3.57b (down 8.1% from FY 2022). Net income: ر.س174.6m (down 74% from FY 2022). Profit margin: 4.9% (down from 17% in FY 2022). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 47%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Mar 07National Industrialization Company Announces CEO ChangesNational Industrialization Company accepted the resignation of Eng. Mutlaq Hamad AL-Morished from his position as CEO of the Company to retirement. National Industrialization Company announces its Board of Directors resolution dated 6 March 2024G corresponding to 25 Shaaban 1445H, to accept the resignation of Eng. Mutlaq Hamad AL-Morished from his position as CEO of the Company to retirement. The resignation will be effective from 31 March 2024G corresponding to 21 Ramadan 1445H. The Board and all the Companys employees would like to express their sincere gratitude and appreciation to Eng. Mutlaq AL-Morished for his role and exceptional efforts in improving the performance of the Company during his presidency, wishing him all the best of luck and success. The Board has also resolved to appoint Mr. Fawaz Mohammad Al-Fawaz as the CEO of the Company starting from 01 April 2024G corresponding to 22 Ramadan 1445H. Mr. Al-Fawaz has over 30 years of experience in the Global petrochemical industry and worked as the Chief Financial Officer (CFO) for TASNEE since April 2015. Mr. Al-Fawaz holds a Bachelors degree in Accounting from King Saud University and has various post graduate certifications from leading international institutions in areas such as Strategic Finance, Merger & Acquisition, Corporate Risk & Governance and Leadership. He is also the chairman of the board for Saudi Logistics Company (SAL), and a board member of Saudi Chemical Holding Company and Industrialization and Energy Services Company (TAQA).
分析記事 • Mar 04Getting In Cheap On National Industrialization Company (TADAWUL:2060) Is UnlikelyWhen close to half the companies in the Chemicals industry in Saudi Arabia have price-to-sales ratios (or "P/S") below...
Buy Or Sell Opportunity • Feb 27Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to ر.س13.32. The fair value is estimated to be ر.س10.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 35% per annum over the same time period.
Buy Or Sell Opportunity • Feb 21Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 7.8% to ر.س13.04. The fair value is estimated to be ر.س10.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 35% per annum over the same time period.
分析記事 • Nov 20There's Been No Shortage Of Growth Recently For National Industrialization's (TADAWUL:2060) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Reported Earnings • Nov 03Third quarter 2023 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2023 results: EPS: ر.س0.12 (up from ر.س0.026 in 3Q 2022). Revenue: ر.س831.9m (down 6.2% from 3Q 2022). Net income: ر.س78.2m (up 357% from 3Q 2022). Profit margin: 9.4% (up from 1.9% in 3Q 2022). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Major Estimate Revision • Oct 31Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.س0.603 to ر.س0.503 per share. Revenue forecast steady at ر.س3.54b. Net income forecast to grow 237% next year vs 85% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س14.32. Share price rose 3.6% to ر.س11.60 over the past week.
分析記事 • Aug 07These Return Metrics Don't Make National Industrialization (TADAWUL:2060) Look Too StrongTo avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
New Risk • Aug 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% 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: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.8% net profit margin).
Reported Earnings • Aug 04Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: ر.س0.05 (down from ر.س0.44 in 2Q 2022). Revenue: ر.س889.2m (down 17% from 2Q 2022). Net income: ر.س31.4m (down 89% from 2Q 2022). Profit margin: 3.5% (down from 28% in 2Q 2022). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 76%. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Jul 31Consensus EPS estimates fall by 33%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ر.س3.85b to ر.س3.58b. EPS estimate also fell from ر.س1.06 per share to ر.س0.71 per share. Net income forecast to grow 41% next year vs 2.3% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س14.10 unchanged from last update. Share price fell 3.3% to ر.س14.02 over the past week.
分析記事 • Jul 17An Intrinsic Calculation For National Industrialization Company (TADAWUL:2060) Suggests It's 31% UndervaluedKey Insights The projected fair value for National Industrialization is ر.س21.14 based on 2 Stage Free Cash Flow to...
Major Estimate Revision • Jul 12Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from ر.س1.08 to ر.س0.953. Revenue forecast unchanged from ر.س3.78b at last update. Net income forecast to grow 63% next year vs 16% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س13.68 unchanged from last update. Share price was steady at ر.س14.80 over the past week.
分析記事 • Jun 22Need To Know: Analysts Are Much More Bullish On National Industrialization Company (TADAWUL:2060)Celebrations may be in order for National Industrialization Company ( TADAWUL:2060 ) shareholders, with the analysts...
Major Estimate Revision • Jun 21Consensus revenue estimates increase by 17%The consensus outlook for revenues in fiscal year 2023 has improved. 2023 revenue forecast increased from ر.س3.24b to ر.س3.78b. EPS estimate increased from ر.س0.709 to ر.س1.08 per share. Net income forecast to grow 78% next year vs 2.4% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target of ر.س13.68 unchanged from last update. Share price was steady at ر.س15.02 over the past week.
Major Estimate Revision • May 03Consensus EPS estimates fall by 13%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ر.س2.93b to ر.س3.08b. EPS estimate fell from ر.س0.80 to ر.س0.693 per share. Net income forecast to shrink 5.1% next year vs 28% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س14.08 to ر.س13.68. Share price fell 5.8% to ر.س12.96 over the past week.
分析記事 • May 03National Industrialization (TADAWUL:2060) Shareholders Will Want The ROCE Trajectory To ContinueFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Apr 05National Industrialization Company's (TADAWUL:2060) Intrinsic Value Is Potentially 57% Above Its Share PriceKey Insights Using the 2 Stage Free Cash Flow to Equity, National Industrialization fair value estimate is ر.س20.75...
分析記事 • Feb 21If EPS Growth Is Important To You, National Industrialization (TADAWUL:2060) Presents An OpportunityFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
分析記事 • Jan 25We Like These Underlying Return On Capital Trends At National Industrialization (TADAWUL:2060)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Major Estimate Revision • Jan 13Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from ر.س1.52 to ر.س1.29. Revenue forecast unchanged from ر.س3.79b at last update. Net income forecast to shrink 27% next year vs 25% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س16.95 to ر.س15.20. Share price was steady at ر.س12.88 over the past week.
Price Target Changed • Jan 11Price target decreased to ر.س15.45Down from ر.س16.95, the current price target is an average from 6 analysts. New target price is 21% above last closing price of ر.س12.78. Stock is down 41% over the past year. The company is forecast to post earnings per share of ر.س1.42 for next year compared to ر.س2.03 last year.
分析記事 • Jan 01Calculating The Fair Value Of National Industrialization Company (TADAWUL:2060)How far off is National Industrialization Company ( TADAWUL:2060 ) from its intrinsic value? Using the most recent...
Price Target Changed • Dec 20Price target decreased to ر.س18.13Down from ر.س19.72, the current price target is an average from 6 analysts. New target price is 48% above last closing price of ر.س12.28. Stock is down 40% over the past year. The company is forecast to post earnings per share of ر.س0.97 for next year compared to ر.س2.03 last year.
Price Target Changed • Nov 22Price target decreased to ر.س18.13Down from ر.س19.72, the current price target is an average from 6 analysts. New target price is 53% above last closing price of ر.س11.86. Stock is down 46% over the past year. The company is forecast to post earnings per share of ر.س1.41 for next year compared to ر.س2.03 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Abdul Rahman Sulaiman Al-Sayyari was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 02Third quarter 2022 earnings: EPS misses analyst expectationsThird quarter 2022 results: EPS: ر.س0.03 (down from ر.س0.50 in 3Q 2021). Revenue: ر.س887.1m (down 12% from 3Q 2021). Net income: ر.س17.1m (down 95% from 3Q 2021). Profit margin: 1.9% (down from 33% in 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 92%. Revenue is expected to fall by 6.0% p.a. on average during the next 3 years compared to a 5.4% decline forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
分析記事 • Nov 02Analysts Just Slashed Their National Industrialization Company (TADAWUL:2060) Earnings ForecastsThe latest analyst coverage could presage a bad day for National Industrialization Company ( TADAWUL:2060 ), with the...
分析記事 • Oct 31Why National Industrialization Company (TADAWUL:2060) Could Be Worth WatchingWhile National Industrialization Company ( TADAWUL:2060 ) might not be the most widely known stock at the moment, it...
分析記事 • Sep 25National Industrialization (TADAWUL:2060) Might Have The Makings Of A Multi-BaggerIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
分析記事 • Sep 07Benign Growth For National Industrialization Company (TADAWUL:2060) Underpins Its Share PriceNational Industrialization Company's ( TADAWUL:2060 ) price-to-earnings (or "P/E") ratio of 7.9x might make it look...
分析記事 • Aug 08Here's Why We Think National Industrialization (TADAWUL:2060) Is Well Worth WatchingIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
分析記事 • Aug 08National Industrialization Company Just Beat Revenue By 9.8%: Here's What Analysts Think Will Happen NextNational Industrialization Company ( TADAWUL:2060 ) shareholders are probably feeling a little disappointed, since its...
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: ر.س0.44 (vs ر.س0.53 in 2Q 2021)Second quarter 2022 results: EPS: ر.س0.44 (down from ر.س0.53 in 2Q 2021). Revenue: ر.س1.08b (up 38% from 2Q 2021). Net income: ر.س297.1m (down 17% from 2Q 2021). Profit margin: 28% (down from 46% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 18% compared to a 1.4% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Aug 06Consensus EPS estimates increase by 23%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from ر.س3.26b to ر.س3.52b. EPS estimate increased from ر.س1.43 to ر.س1.75 per share. Net income forecast to shrink 13% next year vs 14% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س20.63 to ر.س19.88. Share price was steady at ر.س16.58 over the past week.
分析記事 • Jul 15National Industrialization Company's (TADAWUL:2060) Intrinsic Value Is Potentially 96% Above Its Share PriceDoes the July share price for National Industrialization Company ( TADAWUL:2060 ) reflect what it's really worth...
お知らせ • Jul 06National Industrialization Company Appoints Mubarak Abdullah Al Khafrah as Chairman of the Board and Talal Ibrahim Al Maiman as Vice ChairmanNational Industrialization Company (Tasnee) has appointed Mubarak Abdullah Al Khafrah as the new Chairman of the board for the next three years. The company also appointed Talal Ibrahim Al Maiman as the Vice Chairman, according to a bourse filing on July 5, 2022. Meanwhile, the two officials will assume their new roles from 6 July 2022 until 5 July 2025.
分析記事 • Jun 23Investors Will Want National Industrialization's (TADAWUL:2060) Growth In ROCE To PersistDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Reported Earnings • May 04First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: ر.س0.46 (down from ر.س0.49 in 1Q 2021). Revenue: ر.س979.2m (up 35% from 1Q 2021). Net income: ر.س309.0m (down 5.7% from 1Q 2021). Profit margin: 32% (down from 45% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is expected to shrink by 13% compared to a 9.1% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to ر.س21.30Up from ر.س19.15, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of ر.س20.62. Stock is up 14% over the past year. The company is forecast to post earnings per share of ر.س2.05 for next year compared to ر.س2.03 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Abdul Rahman Sulaiman Al-Sayyari was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Buying Opportunity • Apr 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 1.5%. The fair value is estimated to be ر.س27.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 3.3% per annum. Earnings is forecast to grow by 2.5% per annum over the same time period.
Price Target Changed • Apr 07Price target increased to ر.س20.56Up from ر.س19.15, the current price target is an average from 4 analysts. New target price is 7.1% below last closing price of ر.س22.14. Stock is up 37% over the past year. The company is forecast to post earnings per share of ر.س2.09 for next year compared to ر.س2.03 last year.
お知らせ • Mar 31National Industrialization Company, Annual General Meeting, Apr 20, 2022National Industrialization Company, Annual General Meeting, Apr 20, 2022, at 18:45 Coordinated Universal Time. Agenda: To consider Voting on the Board of Directors report for the fiscal year ending on December 31, 2021; to consider Voting on the auditor's report for the fiscal year ending on December 31, 2021; to consider Voting on the Company's financial statements for the fiscal year ending on December 31, 2021; to consider Voting on the appointment of the external auditor, based on the recommendation of the Audit Committee; to examine, review and audit the financial statements for the second and third quarters as well as the annual statements for the fiscal year 2022 and for the first quarter of the year 2023, and to determine the auditor's fees; and to consider other.
Reported Earnings • Mar 16Full year 2021 earnings: Revenues exceed analyst expectationsFull year 2021 results: Revenue: ر.س3.67b (up 62% from FY 2020). Net income: ر.س1.36b (up ر.س1.80b from FY 2020). Profit margin: 37% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 13%. Over the next year, revenue is expected to shrink by 8.9% compared to a 9.5% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 08National Industrialization Company's (TADAWUL:2060) Intrinsic Value Is Potentially 40% Above Its Share PriceIn this article we are going to estimate the intrinsic value of National Industrialization Company ( TADAWUL:2060 ) by...
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to ر.س25.95, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Chemicals industry in Saudi Arabia. Total returns to shareholders of 57% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س36.17 per share.
分析記事 • Dec 08National Industrialization's (TADAWUL:2060) Returns On Capital Are Heading HigherIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Reported Earnings • Nov 03Third quarter 2021 earnings released: EPS ر.س0.50 (vs ر.س0.063 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ر.س1.00b (up 75% from 3Q 2020). Net income: ر.س333.4m (up ر.س375.8m from 3Q 2020). Profit margin: 33% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. 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 13% per year.
Executive Departure • Oct 01Non-Executive Director Ibrahim Bin Ali Al Qadi has left the companyOn the 28th of September, Ibrahim Bin Ali Al Qadi's tenure as Non-Executive Director ended. We don't have any record of a personal shareholding under Ibrahim's name. Ibrahim is the only executive to leave the company over the last 12 months.
分析記事 • Aug 16The Strong Earnings Posted By National Industrialization (TADAWUL:2060) Are A Good Indication Of The Strength Of The BusinessThe subdued stock price reaction suggests that National Industrialization Company's ( TADAWUL:2060 ) strong earnings...
Reported Earnings • Aug 11Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ر.س780.4m (up 61% from 2Q 2020). Net income: ر.س356.7m (up ر.س545.6m from 2Q 2020). Profit margin: 46% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 03Companies Like National Industrialization (TADAWUL:2060) Are In A Position To Invest In GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Reported Earnings • Apr 02Full year 2020 earnings released: ر.س0.67 loss per share (vs ر.س0.64 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.س2.27b (down 25% from FY 2019). Net loss: ر.س446.7m (loss widened 4.6% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 25New 90-day high: ر.س14.88The company is up 14% from its price of ر.س13.00 on 26 November 2020. The Saudi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 12% over the same period.
分析記事 • Feb 25National Industrialization (TADAWUL:2060) Shareholders Have Enjoyed A 60% Share Price GainGenerally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Is New 90 Day High Low • Dec 28New 90-day high: ر.س14.34The company is up 12% from its price of ر.س12.80 on 29 September 2020. The Saudi market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 13% over the same period.
Reported Earnings • Nov 11Third quarter 2020 earnings released: ر.س0.037 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ر.س555.3m (down 31% from 3Q 2019). Net loss: ر.س49.2m (down 219% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 110% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Price Target Changed • Oct 23Price target raised to ر.س10.93Up from ر.س10.13, the current price target is an average from 3 analysts. The new target price is 17% below the current share price of ر.س13.22. As of last close, the stock is up 2.3% over the past year.
Is New 90 Day High Low • Sep 28New 90-day high: ر.س13.04The company is up 25% from its price of ر.س10.44 on 30 June 2020. The Saudi market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ر.س0.61 per share.