Reported Earnings • May 05
First quarter 2026 earnings released: EPS: د.أ0.72 (vs د.أ0.56 in 1Q 2025) First quarter 2026 results: EPS: د.أ0.72 (up from د.أ0.56 in 1Q 2025). Revenue: د.أ205.7m (up 28% from 1Q 2025). Net income: د.أ60.2m (up 28% from 1Q 2025). Profit margin: 29% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Board Change • May 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. 3 highly experienced directors. Director Zaidoun M. A. Hassan was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공지 • Apr 29
Arab Potash Company announces Annual dividend Arab Potash Company announced Annual dividend of JOD 1.2000 per share, ex-date on May 03, 2026 and record date on April 29, 2026. 공지 • Jan 06
Arab Potash Company, Annual General Meeting, Apr 29, 2026 Arab Potash Company, Annual General Meeting, Apr 29, 2026. Location: amman Jordan New Risk • Nov 01
New major risk - Revenue and earnings growth Earnings have declined by 0.3% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.3% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: د.أ0.77 (vs د.أ0.51 in 3Q 2024) Third quarter 2025 results: EPS: د.أ0.77 (up from د.أ0.51 in 3Q 2024). Revenue: د.أ203.8m (up 25% from 3Q 2024). Net income: د.أ64.1m (up 50% from 3Q 2024). Profit margin: 32% (up from 26% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. New Risk • Aug 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% 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. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 02
Second quarter 2025 earnings released: EPS: د.أ0.19 (vs د.أ0.55 in 2Q 2024) Second quarter 2025 results: EPS: د.أ0.19 (down from د.أ0.55 in 2Q 2024). Revenue: د.أ170.1m (up 4.1% from 2Q 2024). Net income: د.أ15.6m (down 66% from 2Q 2024). Profit margin: 9.2% (down from 28% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • May 03
First quarter 2025 earnings released: EPS: د.أ0.56 (vs د.أ0.63 in 1Q 2024) First quarter 2025 results: EPS: د.أ0.56 (down from د.أ0.63 in 1Q 2024). Revenue: د.أ160.7m (flat on 1Q 2024). Net income: د.أ46.9m (down 11% from 1Q 2024). Profit margin: 29% (down from 32% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. 공지 • Apr 17
Arab Potash Company announces Annual dividend Arab Potash Company announced Annual dividend of JOD 1.2000 per share, ex-date on April 17, 2025 and record date on April 16, 2025. 공지 • Apr 16
Arab Potash Company, Annual General Meeting, Apr 16, 2025 Arab Potash Company, Annual General Meeting, Apr 16, 2025. Location: amman Jordan New Risk • Mar 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Jordanian stocks, typically moving 5.0% 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 • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to د.أ32.56, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 22x in the Chemicals industry in Asia. Total returns to shareholders of 41% over the past three years. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: د.أ0.66 (vs د.أ0.71 in 3Q 2023) Third quarter 2024 results: EPS: د.أ0.66 (down from د.أ0.71 in 3Q 2023). Revenue: د.أ183.9m (down 2.3% from 3Q 2023). Net income: د.أ54.6m (down 7.3% from 3Q 2023). Profit margin: 30% (down from 31% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: د.أ0.55 (vs د.أ0.80 in 2Q 2023) Second quarter 2024 results: EPS: د.أ0.55 (down from د.أ0.80 in 2Q 2023). Revenue: د.أ163.4m (down 10% from 2Q 2023). Net income: د.أ46.1m (down 31% from 2Q 2023). Profit margin: 28% (down from 37% in 2Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. New Risk • May 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 32% Last year net profit margin: 48% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (134% cash payout ratio). Profit margins are more than 30% lower than last year (32% net profit margin). Reported Earnings • May 02
First quarter 2024 earnings released: EPS: د.أ0.63 (vs د.أ1.37 in 1Q 2023) First quarter 2024 results: EPS: د.أ0.63 (down from د.أ1.37 in 1Q 2023). Revenue: د.أ162.1m (down 30% from 1Q 2023). Net income: د.أ52.4m (down 54% from 1Q 2023). Profit margin: 32% (down from 50% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Apr 18
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (371% cash payout ratio). Reported Earnings • Apr 05
Full year 2023 earnings released: EPS: د.أ3.51 (vs د.أ7.22 in FY 2022) Full year 2023 results: EPS: د.أ3.51 (down from د.أ7.22 in FY 2022). Revenue: د.أ792.5m (down 38% from FY 2022). Net income: د.أ292.6m (down 51% from FY 2022). Profit margin: 37% (down from 47% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: د.أ0.71 (vs د.أ2.18 in 3Q 2022) Third quarter 2023 results: EPS: د.أ0.71 (down from د.أ2.18 in 3Q 2022). Revenue: د.أ188.3m (down 49% from 3Q 2022). Net income: د.أ58.9m (down 68% from 3Q 2022). Profit margin: 31% (down from 49% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: د.أ0.80 (vs د.أ1.82 in 2Q 2022) Second quarter 2023 results: EPS: د.أ0.80 (down from د.أ1.82 in 2Q 2022). Revenue: د.أ182.1m (down 41% from 2Q 2022). Net income: د.أ66.8m (down 56% from 2Q 2022). Profit margin: 37% (down from 49% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to د.أ33.89, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 17x in the Chemicals industry in Asia. Total returns to shareholders of 136% over the past three years. Reported Earnings • Mar 10
Full year 2022 earnings released Full year 2022 results: Revenue: د.أ1.27b (up 96% from FY 2021). Net income: د.أ601.2m (up 177% from FY 2021). Profit margin: 47% (up from 33% in FY 2021). The increase in margin was driven by higher revenue. Reported Earnings • Nov 05
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: د.أ368.5m (up 111% from 3Q 2021). Net income: د.أ181.3m (up 198% from 3Q 2021). Profit margin: 49% (up from 35% in 3Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: د.أ1.82 (vs د.أ0.49 in 2Q 2021) Second quarter 2022 results: EPS: د.أ1.82 (up from د.أ0.49 in 2Q 2021). Revenue: د.أ308.7m (up 118% from 2Q 2021). Net income: د.أ151.3m (up 274% from 2Q 2021). Profit margin: 49% (up from 29% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improved over the past week After last week's 16% share price gain to د.أ41.48, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 17x in the Chemicals industry in Asia. Total returns to shareholders of 181% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 19% share price gain to د.أ37.00, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 18x in the Chemicals industry in Asia. Total returns to shareholders of 162% over the past three years. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS د.أ0.73 (vs د.أ0.48 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: د.أ174.8m (up 43% from 3Q 2020). Net income: د.أ60.8m (up 52% from 3Q 2020). Profit margin: 35% (up from 33% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment improved over the past week After last week's 17% share price gain to د.أ29.50, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 17x in the Chemicals industry in Jordan. Total returns to shareholders of 124% over the past three years. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorated over the past week After last week's 20% share price decline to د.أ22.26, the stock is trading at a trailing P/E ratio of 14.7x, down from the previous P/E ratio of 18.5x. This compares to an average P/E of 17x in the Chemicals industry in Jordan. Total returns to shareholders over the past three years are 54%. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 19% share price gain to د.أ26.06, the stock is trading at a trailing P/E ratio of 17.3x, up from the previous P/E ratio of 14.5x. This compares to an average P/E of 21x in the Chemicals industry in Asia. Total returns to shareholders over the past three years are 88%. Is New 90 Day High Low • Jan 27
New 90-day high: د.أ21.75 The company is up 15% from its price of د.أ18.90 on 28 October 2020. The Jordanian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 20% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: د.أ19.29 The company is up 7.0% from its price of د.أ17.99 on 08 September 2020. The Jordanian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 6.0% over the same period. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS د.أ0.48 The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: د.أ122.2m (flat on 3Q 2019). Net income: د.أ40.0m (down 5.8% from 3Q 2019). Profit margin: 33% (down from 35% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Oct 08
New 90-day high: د.أ18.00 The company is up 11% from its price of د.أ16.15 on 08 July 2020. The Jordanian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 8.0% over the same period.