View ValuationSABIC Agri-Nutrients 향후 성장Future 기준 점검 0/6SABIC Agri-Nutrients (는) 각각 연간 1.7% 및 0.01% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 1.8% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 15.9% 로 예상됩니다.핵심 정보1.7%이익 성장률-1.79%EPS 성장률Chemicals 이익 성장38.0%매출 성장률0.008%향후 자기자본이익률15.86%애널리스트 커버리지Good마지막 업데이트18 Aug 2026최근 향후 성장 업데이트Major Estimate Revision • Aug 13Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ر.س12.1b to ر.س11.6b. EPS estimate also fell from ر.س9.79 per share to ر.س8.22 per share. Net income forecast to grow 13% next year vs 60% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س143. Share price was steady at ر.س122 over the past week.Major Estimate Revision • May 12Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ر.س14.5b to ر.س13.0b. EPS estimate fell from ر.س11.56 to ر.س11.28 per share. Net income forecast to grow 11% next year vs 44% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س138. Share price rose 2.6% to ر.س146 over the past week.Major Estimate Revision • May 03Consensus revenue estimates increase by 17%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from ر.س12.4b to ر.س14.5b. EPS estimate increased from ر.س10.64 to ر.س11.56 per share. Net income forecast to grow 13% next year vs 37% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target up from ر.س135 to ر.س138. Share price rose 7.3% to ر.س146 over the past week.Price Target Changed • Apr 15Price target increased by 11% to ر.س142Up from ر.س128, the current price target is an average from 9 analysts. New target price is 9.3% below last closing price of ر.س157. Stock is up 53% over the past year. The company is forecast to post earnings per share of ر.س10.64 for next year compared to ر.س9.08 last year.Major Estimate Revision • Mar 25Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ر.س11.7b to ر.س12.2b. EPS estimate increased from ر.س10.75 to ر.س11.99 per share. Net income forecast to grow 18% next year vs 22% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س128. Share price was steady at ر.س137 over the past week.Major Estimate Revision • Mar 20Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ر.س11.7b to ر.س10.5b. EPS estimate unchanged from ر.س10.75 per share at last update. Chemicals industry in Saudi Arabia expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at ر.س127. Share price was steady at ر.س136 over the past week.모든 업데이트 보기Recent updatesMajor Estimate Revision • Aug 13Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ر.س12.1b to ر.س11.6b. EPS estimate also fell from ر.س9.79 per share to ر.س8.22 per share. Net income forecast to grow 13% next year vs 60% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س143. Share price was steady at ر.س122 over the past week.Reported Earnings • Jul 30Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: EPS: ر.س0.80 (down from ر.س2.23 in 2Q 2025). Revenue: ر.س2.41b (down 27% from 2Q 2025). Net income: ر.س378.7m (down 64% from 2Q 2025). Profit margin: 16% (down from 32% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 48%. Revenue is forecast to stay flat during the next 3 years compared to a 4.6% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.Declared Dividend • Jul 29Dividend of ر.س3.50 announcedShareholders will receive a dividend of ر.س3.50. Ex-date: 2nd August 2026 Payment date: 10th August 2026 Dividend yield will be 5.8%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next 3 years. However, it would need to fall by 19% to increase the payout ratio to a potentially unsustainable range.분석 기사 • May 13Analysts Just Made A Major Revision To Their SABIC Agri-Nutrients Company (TADAWUL:2020) Revenue ForecastsThe analysts covering SABIC Agri-Nutrients Company ( TADAWUL:2020 ) delivered a dose of negativity to shareholders...Major Estimate Revision • May 12Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ر.س14.5b to ر.س13.0b. EPS estimate fell from ر.س11.56 to ر.س11.28 per share. Net income forecast to grow 11% next year vs 44% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س138. Share price rose 2.6% to ر.س146 over the past week.Major Estimate Revision • May 03Consensus revenue estimates increase by 17%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from ر.س12.4b to ر.س14.5b. EPS estimate increased from ر.س10.64 to ر.س11.56 per share. Net income forecast to grow 13% next year vs 37% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target up from ر.س135 to ر.س138. Share price rose 7.3% to ر.س146 over the past week.Reported Earnings • Apr 28First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: ر.س2.58 (up from ر.س2.07 in 1Q 2025). Revenue: ر.س2.87b (down 6.5% from 1Q 2025). Net income: ر.س1.23b (up 25% from 1Q 2025). Profit margin: 43% (up from 32% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) exceeded analyst estimates by 54%. Revenue is expected to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Saudi Arabia are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Price Target Changed • Apr 15Price target increased by 11% to ر.س142Up from ر.س128, the current price target is an average from 9 analysts. New target price is 9.3% below last closing price of ر.س157. Stock is up 53% over the past year. The company is forecast to post earnings per share of ر.س10.64 for next year compared to ر.س9.08 last year.Major Estimate Revision • Mar 25Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ر.س11.7b to ر.س12.2b. EPS estimate increased from ر.س10.75 to ر.س11.99 per share. Net income forecast to grow 18% next year vs 22% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س128. Share price was steady at ر.س137 over the past week.Major Estimate Revision • Mar 20Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ر.س11.7b to ر.س10.5b. EPS estimate unchanged from ر.س10.75 per share at last update. Chemicals industry in Saudi Arabia expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at ر.س127. Share price was steady at ر.س136 over the past week.New Risk • Mar 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공고 • Mar 06SABIC Agri-Nutrients Company, Annual General Meeting, Mar 26, 2026SABIC Agri-Nutrients Company, Annual General Meeting, Mar 26, 2026, at 19:00 Arab Standard Time. Location: riyadh Saudi ArabiaReported Earnings • Mar 05Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ر.س9.08 (up from ر.س6.99 in FY 2024). Revenue: ر.س13.1b (up 18% from FY 2024). Net income: ر.س4.32b (up 30% from FY 2024). Profit margin: 33% (up from 30% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is expected to fall by 7.7% p.a. on average during the next 3 years compared to a 3.9% decline forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.분석 기사 • Feb 02SABIC Agri-Nutrients Company's (TADAWUL:2020) Price Is Right But Growth Is LackingWhen close to half the companies in Saudi Arabia have price-to-earnings ratios (or "P/E's") above 18x, you may consider...분석 기사 • Nov 05Returns On Capital At SABIC Agri-Nutrients (TADAWUL:2020) Have Hit The BrakesWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...Reported Earnings • Oct 31Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: ر.س2.71 (up from ر.س1.74 in 3Q 2024). Revenue: ر.س3.52b (up 24% from 3Q 2024). Net income: ر.س1.29b (up 56% from 3Q 2024). Profit margin: 37% (up from 29% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 2.8%. Revenue is expected to decline by 6.4% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Saudi Arabia are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has fallen by 42% 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.New Risk • Aug 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Major Estimate Revision • Jul 30Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ر.س11.7b to ر.س12.6b. EPS estimate increased from ر.س7.94 to ر.س9.25 per share. Net income forecast to grow 22% next year vs 37% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س121. Share price was steady at ر.س118 over the past week.New Risk • May 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (100% cash payout ratio).Major Estimate Revision • Apr 30Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ر.س7.74 to ر.س6.49 per share. Revenue forecast steady at ر.س11.3b. Net income forecast to shrink 7.1% next year vs 25% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target down from ر.س128 to ر.س125. Share price fell 4.3% to ر.س99.10 over the past week.공고 • Apr 08Sabic Agri-Nutrients Company Announces Board ChangesSABIC Agri-Nutrients Company announced the appointments (Eng. Abdullah Ali Al-Bakr) as an independent member of Board of Directors, starting from the appointment date on 17/03/2025 to complete the Board cycle ending on 28/03/2026, succeeding the previous member Mr. Khalid Salem Al-Rowais an independent member. The nominated member has an extensive work history with leading roles in major companies across various sectors. From 2009 to 2015, they served as the Vice President of Manufacturing in the fertilizer sector at SABIC Agri-Nutrients Company (formerly SAFCO), overseeing operations at Ibn Al-Baytar and Al-Bayroni Companies. During the same period, hey also held the position of President at both SABIC Agri-Nutrients (formerly SAFCO) and Ibn Al-Baytar Company, as well as President of Jubail Fertilizer Company (Al-Bayroni). Prior to these roles, they served as the President of National Industrial Gases Company (GAS) from December 14, 1988, to March 13, 1999, and earlier, as the Deputy General Manager at GAS in 1986. Their career at SABIC began in 1985, where they worked as the Manager of the Training and Development Department, before transitioning to the Brine/Caustic Operations Manager, Line Manager, and in charge of Training, Recruitment, and Operations from July to December 1983. Their experience also extends internationally, having joined the SABIC Group through the Saudi Petrochemical Company (SADAF) in July 1977. In this role, they worked with Shell Oil Company (NORCO) in Louisiana, focusing on process engineering at the ethylene dichloride plant. This international experience continued with Shell's manufacturing complex in Houston, Texas, where they worked on process engineering at the chlor-alkali plant and at the ethylene dichloride plant. Additionally, they gained significant expertise in process engineering related to chlorinated hydrocarbon burners and project management while working in Pennsylvania.Buy Or Sell Opportunity • Apr 07Now 23% overvaluedOver the last 90 days, the stock has fallen 6.1% to ر.س102. The fair value is estimated to be ر.س82.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 0.03% per annum. Earnings are also forecast to grow by 2.0% per annum over the same time period.공고 • Apr 07SABIC Agri-Nutrients Company, Annual General Meeting, Apr 29, 2025SABIC Agri-Nutrients Company, Annual General Meeting, Apr 29, 2025, at 19:30 Arab Standard Time. Location: riyadh Saudi ArabiaReported Earnings • Feb 19Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ر.س6.99 (down from ر.س7.69 in FY 2023). Revenue: ر.س11.1b (flat on FY 2023). Net income: ر.س3.33b (down 9.1% from FY 2023). Profit margin: 30% (down from 33% in FY 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.9%. Revenue is forecast to stay flat during the next 3 years compared to a 3.7% 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 8% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jan 29Upcoming dividend of ر.س3.00 per shareEligible shareholders must have bought the stock before 05 February 2025. Payment date: 17 February 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 5.3%. Within top quartile of Saudi dividend payers (4.7%). In line with average of industry peers (5.2%).Declared Dividend • Dec 25Dividend of ر.س3.00 announcedDividend of ر.س3.00 is the same as last year. Ex-date: 5th February 2025 Payment date: 17th February 2025 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 5.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 01Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: ر.س1.74 (down from ر.س2.21 in 3Q 2023). Revenue: ر.س2.85b (up 6.7% from 3Q 2023). Net income: ر.س826.5m (down 21% from 3Q 2023). Profit margin: 29% (down from 39% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to stay flat 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, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.New Risk • Aug 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 01Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ر.س1.48 (up from ر.س1.37 in 2Q 2023). Revenue: ر.س2.68b (up 1.8% from 2Q 2023). Net income: ر.س705.3m (up 8.3% from 2Q 2023). Profit margin: 26% (up from 25% in 2Q 2023). Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year.Buy Or Sell Opportunity • Jul 08Now 21% overvaluedOver the last 90 days, the stock has fallen 5.6% to ر.س115. The fair value is estimated to be ر.س94.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 1.4% in 2 years. Earnings are forecast to grow by 4.6% in the next 2 years.Board Change • Jun 17Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 7 non-independent directors. Director Anas Kentab 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: Minority of independent directors. Lack of board continuity.Declared Dividend • Jun 02Dividend of ر.س3.00 announcedDividend of ر.س3.00 is the same as last year. Ex-date: 4th July 2024 Payment date: 22nd July 2024 Dividend yield will be 5.7%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 9.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공고 • Jun 01SABIC Agri-Nutrients Company Announces Distribution of Interim Cash Dividends for First Half of 2024, Payable on 22 July 2024SABIC Agri-Nutrients Company announced Board decision to distribute interim cash dividends to Shareholders for the first half of 2024. Dividend per share SAR 3. The Total amount distributed: SAR 1,428,106,212. The eligibility date is 4th July 2024. The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and enrolled in the Company's register at Securities Depository Center Company by the end of the second trading day following the due date. Distribution Date: 22 July 2024.Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ر.س10.3b to ر.س9.81b. EPS estimate also fell from ر.س6.75 per share to ر.س6.03 per share. Net income forecast to shrink 8.1% next year vs 101% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س135. Share price fell 2.5% to ر.س111 over the past week.Reported Earnings • May 02First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: ر.س1.77 (down from ر.س2.06 in 1Q 2023). Revenue: ر.س2.52b (down 8.8% from 1Q 2023). Net income: ر.س840.9m (down 14% from 1Q 2023). Profit margin: 33% (down from 36% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 1.5% 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 13% 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 • Apr 30Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ر.س7.92 to ر.س5.83. Revenue forecast unchanged from ر.س10.8b at last update. Net income forecast to shrink 24% next year vs 56% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س136. Share price rose 7.0% to ر.س116 over the past week.공고 • Apr 05SABIC Agri-Nutrients Company, Annual General Meeting, Apr 28, 2024SABIC Agri-Nutrients Company, Annual General Meeting, Apr 28, 2024, at 16:00 Coordinated Universal Time. Agenda: To consider external Auditor Report for the fiscal year ended on December 31, 2023 after discussion; to consider discuss Financial Statements for the fiscal year ended December 31, 2023; to consider amendment of Board Membership Policy; and to consider other matters.공고 • Mar 15Sabic Agri-Nutrients Company Announces CEO ChangesSABIC Agri-Nutrients Company announced the resolution of its Board of Directors, based on the recommendation of the Remuneration and Nominations Committee, to appoint Mr. Fahad Misfer Al-Battar as CEO of SABIC Agri-Nutrients Company, effective April 1, 2024, succeeding Eng. Abdulrahman Ahmed Shamsaddin, who is nominated for one of the Executive leadership positions at SABIC. Worth to highlight that Mr. Fahad Misfer Al-Battar has practical experience in executive leadership and technical and operational positions extending for more than (25) years in several fields. During his professional career, he held many leadership positions at SABIC and its subsidiaries, including the position of President of Al Sharqiyah Petrochemicals Co. (Sharq) and Al-Jubail Fertilizer Company (Al-Bayroni), and Saudi Petrochemical Company (SADAF), and SABIC Agri-Nutrients Company. His most recent position was Chief Operations Officer at SABIC Agri Nutrients Company, according to the new organizational structure that was implemented at the beginning of the year 2022. During Mr. Fahad Misfer Al-Battar professional career, he worked and supervised the implementation of many projects in the petrochemicals and Agri- Nutrients sector. Worth to highlight that Mr. Fahad Misfer Al-Battar holds an Executive Master?s degree in Business Administration and a Bachelors degree in Chemistry from King Fahd University of Petroleum and Minerals.Reported Earnings • Mar 05Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ر.س7.69 (down from ر.س21.08 in FY 2022). Revenue: ر.س11.0b (down 42% from FY 2022). Net income: ر.س3.66b (down 64% from FY 2022). Profit margin: 33% (down from 53% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 4.7%. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Feb 01Upcoming dividend of ر.س3.00 per share at 4.7% yieldEligible shareholders must have bought the stock before 08 February 2024. Payment date: 21 February 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.7%. Within top quartile of Saudi dividend payers (4.6%). In line with average of industry peers (4.5%).공고 • Dec 18SABIC Agri-Nutrients Company Announces Distribution of Interim Cash Dividends for Second Half of 2023, Payable on February 21, 2024SABIC Agri-Nutrients Company announced Board decision to distribute interim cash dividends to Shareholders for the second half of 2023. Dividend per share SAR 3. The Total amount distributed: SAR 1,428,106,212. The eligibility date is February 7, 2024. The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and enrolled in the Company's register at Securities Depository Center Company by the end of the second trading day following the due date. Distribution Date: February 21, 2024.Major Estimate Revision • Nov 20Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ر.س10.8b to ر.س10.9b. EPS estimate increased from ر.س7.21 to ر.س8.04 per share. Net income forecast to shrink 16% next year vs 148% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target of ر.س144 unchanged from last update. Share price rose 2.7% to ر.س137 over the past week.New Risk • Nov 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 40% Last year net profit margin: 57% 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: Major Risk Earnings are forecast to decline by an average of 5.9% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (99% cash payout ratio). Profit margins are more than 30% lower than last year (40% net profit margin).Reported Earnings • Nov 03Third quarter 2023 earnings: Revenues miss analyst expectationsThird quarter 2023 results: Revenue: ر.س2.67b (down 40% from 3Q 2022). Net income: ر.س1.05b (down 55% from 3Q 2022). Profit margin: 39% (down from 53% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.6%. Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Saudi Arabia are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: ر.س1.37 (vs ر.س6.35 in 2Q 2022)Second quarter 2023 results: EPS: ر.س1.37 (down from ر.س6.35 in 2Q 2022). Revenue: ر.س2.63b (down 54% from 2Q 2022). Net income: ر.س651.0m (down 79% from 2Q 2022). Profit margin: 25% (down from 53% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 8.4% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Saudi Arabia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 10Upcoming dividend of ر.س3.00 per share at 8.4% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 8.4%. Within top quartile of Saudi dividend payers (4.1%). Higher than average of industry peers (5.1%).Major Estimate Revision • Apr 14Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ر.س12.1b to ر.س11.4b. EPS estimate rose from ر.س7.82 to ر.س9.21. Net income forecast to shrink 56% next year vs 21% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س155 to ر.س151. Share price was steady at ر.س128 over the past week.Upcoming Dividend • Mar 20Upcoming dividend of ر.س8.00 per share at 12% yieldEligible shareholders must have bought the stock before 27 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Saudi dividend payers (4.7%). Higher than average of industry peers (6.3%).Major Estimate Revision • Mar 15Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ر.س13.4b to ر.س12.1b. EPS estimate unchanged from ر.س9.01 per share at last update. Chemicals industry in Saudi Arabia expected to see average net income decline 28% next year. Consensus price target broadly unchanged at ر.س156. Share price was steady at ر.س131 over the past week.공고 • Dec 20SABIC Agri-Nutrients Company Recommends Cash Dividend for the Second Half of 2022SABIC Agri-Nutrients Company clarified to the shareholders that the Board of Directors recommend to distribution SAR 4 per share for the second half of the year 2022 and in view of the company outstanding performance, the Board of Directors recommend to distribution of an additional SAR 4 riyals per share, so that the total amount of distribution for the second half of 2022 is SAR riyals per share. Number of Shares Eligible for Dividends: 476,035,404 Shares. Distribution date will be announced later.Buying Opportunity • Nov 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be ر.س174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has grown by 74%. Revenue is forecast to decline by 29% in 2 years. Earnings is forecast to decline by 40% in the next 2 years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Yousef Alsuhaibani 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: Revenues in line with analyst expectationsThird quarter 2022 results: Revenue: ر.س4.42b (up 100% from 3Q 2021). Net income: ر.س2.33b (up 93% from 3Q 2021). Profit margin: 53% (down from 55% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is expected to fall by 22% p.a. on average during the next 3 years compared to a 5.4% decline forecast for the Chemicals industry in Saudi Arabia.Major Estimate Revision • Oct 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ر.س17.6b to ر.س19.5b. EPS estimate unchanged at ر.س20.18. Net income forecast to shrink 12% next year vs 12% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س177. Share price rose 2.9% to ر.س173 over the past week.공고 • Sep 29SABIC Agri-Nutrients Co. Announces Board ChangesSABIC Agri-Nutrients Co. announced the resignation of the Chairman of the Board of Directors, Mr. Yousef Bin Abdullah Al-Benyan, Based on the issuance of Royal Decree No. A/62 dated 01 Rabi’ Al-Awwal 1444, corresponding to 27 September 2022, appointing His Excellency as Minister of Education. Accordingly, SABIC Agri-Nutrients Co. would like to announced the Board approval for the resignation of Mr. Yousef Bin Abdullah Al-Benyan (Non-Executive Member) representative of the Saudi Basic Industries Corporation (SABIC), from the Board and the sub-committees memberships, starting from 02 Rabi’ Al-Awwal 1444, corresponding to 28 September 2022 and the Board approved the appointment of Eng. Abdulrahman Bin Saleh Al-Fageeh (Non-Executive Member) representative of the Saudi Basic Industries Corporation (SABIC), starting from 02 Rabi’ Al-Awwal 1444, corresponding to 28 September 2022.Buying Opportunity • Sep 18Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ر.س199, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 63%. Revenue is forecast to decline by 28% in 2 years. Earnings is forecast to decline by 33% in the next 2 years.Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: ر.س6.35 (vs ر.س1.76 in 2Q 2021)Second quarter 2022 results: EPS: ر.س6.35 (up from ر.س1.76 in 2Q 2021). Revenue: ر.س5.70b (up 210% from 2Q 2021). Net income: ر.س3.02b (up 262% from 2Q 2021). Profit margin: 53% (up from 46% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 6.8% compared to a 3.8% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Aug 11Consensus revenue estimates increase by 12%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ر.س16.0b to ر.س17.9b. EPS estimate increased from ر.س16.13 to ر.س19.28 per share. Net income forecast to grow 4.8% next year vs 8.5% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target up from ر.س164 to ر.س170. Share price rose 10% to ر.س154 over the past week.Upcoming Dividend • Jul 11Upcoming dividend of ر.س4.00 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 01 August 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of Saudi dividend payers (4.6%). Higher than average of industry peers (5.1%).Major Estimate Revision • Jul 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ر.س16.2b to ر.س16.0b. EPS estimate rose from ر.س13.39 to ر.س15.59. Net income forecast to shrink 8.4% next year vs 13% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س170 to ر.س167. Share price rose 2.7% to ر.س138 over the past week.공고 • Jun 30SABIC Agri-Nutrients Company Announces Cash Dividend for the First Half of 2022SABIC Agri-Nutrients Company announced board decision to distribute cash dividend of SAR 4 per share to shareholders for the first half of 2022. The total amount distributed is SAR 1,904,141,616.Buying Opportunity • Jun 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be ر.س190, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to decline by 16% in 2 years. Earnings is forecast to decline by 47% in the next 2 years.Major Estimate Revision • Jun 07Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ر.س13.5b to ر.س16.5b. EPS estimate reaffirmed at ر.س12.79. Net income forecast to shrink 26% next year vs 9.6% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س177 to ر.س174. Share price rose 5.7% to ر.س155 over the past week.Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: ر.س5.28 (up from ر.س0.89 in 1Q 2021). Revenue: ر.س4.66b (up 209% from 1Q 2021). Net income: ر.س2.51b (up 495% from 1Q 2021). Profit margin: 54% (up from 28% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to stay flat compared to a 8.9% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Buying Opportunity • May 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be ر.س190, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to decline by 4.7% per annum. Earnings is also forecast to decline by 5.2% per annum over the same time period.Price Target Changed • Apr 27Price target increased to ر.س175Up from ر.س164, the current price target is an average from 8 analysts. New target price is 6.9% above last closing price of ر.س164. Stock is up 50% over the past year. The company is forecast to post earnings per share of ر.س14.87 for next year compared to ر.س10.98 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Yousef Alsuhaibani 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.공고 • Apr 15SABIC Agri-Nutrients Company Approves the Recommendation Cash Dividend for the Second Half of the Year 2021, Payable on April 27, 2022SABIC Agri-Nutrients Company Approved the recommendation of the Board of Directors to distribute cash dividends to shareholders for the second half of the year 2021 with total amount (SAR 1,428,106,212) at SAR 3 per share, which represents (30%) of par value. Eligibility for the second half dividends of the year will be to the shareholders registered in the Company-s share registry at the Depository Center at the end of the second trading day following Extraordinary General Meeting date, the date of the distribution will be on April 27, 2022.Price Target Changed • Apr 13Price target increased to ر.س176Up from ر.س164, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of ر.س180. Stock is up 81% over the past year. The company is forecast to post earnings per share of ر.س13.75 for next year compared to ر.س10.98 last year.Upcoming Dividend • Apr 07Upcoming dividend of ر.س3.00 per shareEligible shareholders must have bought the stock before 14 April 2022. Payment date: 24 April 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Saudi dividend payers (4.1%). In line with average of industry peers (3.5%).Major Estimate Revision • Mar 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ر.س10.7b to ر.س11.8b. EPS estimate unchanged from ر.س12.76 at last update. Chemicals industry in Saudi Arabia expected to see average net income decline 7.5% next year. Consensus price target up from ر.س164 to ر.س170. Share price was steady at ر.س179 over the past week.Reported Earnings • Mar 08Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ر.س10.98 (up from ر.س3.11 in FY 2020). Revenue: ر.س9.59b (up 188% from FY 2020). Net income: ر.س5.23b (up 304% from FY 2020). Profit margin: 55% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 2.0% compared to a 1.7% decline forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to ر.س176, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Chemicals industry in Saudi Arabia. Total returns to shareholders of 135% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س135 per share.Reported Earnings • Feb 05Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ر.س10.98 (up from ر.س3.11 in FY 2020). Revenue: ر.س9.59b (up 188% from FY 2020). Net income: ر.س5.23b (up 304% from FY 2020). Profit margin: 55% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 4.9%, compared to a 13% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year.공고 • Jan 25SABIC Agri-Nutrients Company (SASE:2020) entered into an agreement to acquire 49% stake in ETG Inputs Holdco Limited for an enterprise value of $320 million.SABIC Agri-Nutrients Company (SASE:2020) entered into an agreement to acquire 49% stake in ETG Inputs Holdco Limited for an enterprise value of $320 million on January 24, 2022. The acquisition will be financed through own resources in addition to bank facilities. The transaction is subject to regulatory approval.Major Estimate Revision • Jan 17Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ر.س8.83b to ر.س9.06b. EPS estimate increased from ر.س8.92 to ر.س9.90 per share. Net income forecast to grow 95% next year vs 4.8% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س154. Share price rose 2.9% to ر.س180 over the past week.이익 및 매출 성장 예측SASE:2020 - 애널리스트 향후 추정치 및 과거 재무 데이터 (SAR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202811,8873,8573,6964,592812/31/202713,5084,8534,8895,964912/31/202611,5603,9123,7594,98536/30/202612,0003,8834,1324,924N/A3/31/202612,8774,5644,4575,252N/A12/31/202513,0774,3224,5205,302N/A9/30/202512,9014,2894,2344,965N/A6/30/202512,2293,8253,6804,430N/A3/31/202511,6183,4712,8963,635N/A12/31/202411,0613,3273,3364,111N/A9/30/202411,0163,3514,2394,862N/A6/30/202410,8383,5743,8684,483N/A3/31/202410,7913,5204,2474,870N/A12/31/202311,0333,6594,7905,680N/A9/30/202312,2684,8495,2236,402N/A6/30/202314,0136,1317,3368,408N/A3/31/202317,0838,5059,66510,701N/A12/31/202218,98110,03710,80911,606N/A9/30/202218,81410,63110,45310,926N/A6/30/202216,6049,5078,6979,210N/A3/31/202212,7437,3186,8917,466N/A12/31/20219,5925,2284,4545,119N/A9/30/20216,3202,6992,9413,633N/A6/30/20215,0161,8902,2222,824N/A3/31/20214,1061,4131,7582,218N/A12/31/20203,3281,2941,8512,094N/A9/30/20203,4051,4051,7731,947N/A6/30/20203,4121,4211,5681,738N/A3/31/20203,2971,442N/A1,822N/A12/31/20193,2881,474N/A1,778N/A9/30/20193,5321,699N/A1,993N/A6/30/20193,6311,807N/A2,313N/A3/31/20193,7681,837N/A1,983N/A12/31/20183,8601,738N/A2,084N/A9/30/20183,3861,232N/A1,740N/A6/30/20182,994899N/A1,512N/A3/31/20182,724692N/A1,624N/A12/31/20172,759879N/A1,392N/A9/30/20172,9091,085N/A1,307N/A6/30/20172,9811,082N/A1,157N/A3/31/20173,0111,180N/A1,406N/A12/31/20162,8561,036N/A1,563N/A9/30/20162,9041,146N/A2,062N/A6/30/20163,1021,526N/A2,446N/A3/31/20163,2761,819N/A2,467N/A12/31/20153,5472,130N/A2,696N/A9/30/20153,8272,531N/A2,828N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 2020 의 연간 예상 수익 증가율(1.7%)이 saving rate(15.2%) 미만입니다.수익 vs 시장: 2020 의 연간 수익(1.7%)이 SA 시장(4.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 2020 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 2020 의 수익(연간 0.01%)이 SA 시장(연간 0.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 2020 의 수익(연간 0.01%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 2020의 자본 수익률은 3년 후 15.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/20 17:21종가2026/08/20 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스SABIC Agri-Nutrients Company는 21명의 분석가가 다루고 있습니다. 이 중 9명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullAlembic Global AdvisorsJassim Al-JubranAljazira Capital Companynull nullAl Rajhi Capital18명의 분석가 더 보기
Major Estimate Revision • Aug 13Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ر.س12.1b to ر.س11.6b. EPS estimate also fell from ر.س9.79 per share to ر.س8.22 per share. Net income forecast to grow 13% next year vs 60% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س143. Share price was steady at ر.س122 over the past week.
Major Estimate Revision • May 12Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ر.س14.5b to ر.س13.0b. EPS estimate fell from ر.س11.56 to ر.س11.28 per share. Net income forecast to grow 11% next year vs 44% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س138. Share price rose 2.6% to ر.س146 over the past week.
Major Estimate Revision • May 03Consensus revenue estimates increase by 17%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from ر.س12.4b to ر.س14.5b. EPS estimate increased from ر.س10.64 to ر.س11.56 per share. Net income forecast to grow 13% next year vs 37% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target up from ر.س135 to ر.س138. Share price rose 7.3% to ر.س146 over the past week.
Price Target Changed • Apr 15Price target increased by 11% to ر.س142Up from ر.س128, the current price target is an average from 9 analysts. New target price is 9.3% below last closing price of ر.س157. Stock is up 53% over the past year. The company is forecast to post earnings per share of ر.س10.64 for next year compared to ر.س9.08 last year.
Major Estimate Revision • Mar 25Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ر.س11.7b to ر.س12.2b. EPS estimate increased from ر.س10.75 to ر.س11.99 per share. Net income forecast to grow 18% next year vs 22% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س128. Share price was steady at ر.س137 over the past week.
Major Estimate Revision • Mar 20Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ر.س11.7b to ر.س10.5b. EPS estimate unchanged from ر.س10.75 per share at last update. Chemicals industry in Saudi Arabia expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at ر.س127. Share price was steady at ر.س136 over the past week.
Major Estimate Revision • Aug 13Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ر.س12.1b to ر.س11.6b. EPS estimate also fell from ر.س9.79 per share to ر.س8.22 per share. Net income forecast to grow 13% next year vs 60% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س143. Share price was steady at ر.س122 over the past week.
Reported Earnings • Jul 30Second quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2026 results: EPS: ر.س0.80 (down from ر.س2.23 in 2Q 2025). Revenue: ر.س2.41b (down 27% from 2Q 2025). Net income: ر.س378.7m (down 64% from 2Q 2025). Profit margin: 16% (down from 32% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 48%. Revenue is forecast to stay flat during the next 3 years compared to a 4.6% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.
Declared Dividend • Jul 29Dividend of ر.س3.50 announcedShareholders will receive a dividend of ر.س3.50. Ex-date: 2nd August 2026 Payment date: 10th August 2026 Dividend yield will be 5.8%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by both earnings (73% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 1.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next 3 years. However, it would need to fall by 19% to increase the payout ratio to a potentially unsustainable range.
분석 기사 • May 13Analysts Just Made A Major Revision To Their SABIC Agri-Nutrients Company (TADAWUL:2020) Revenue ForecastsThe analysts covering SABIC Agri-Nutrients Company ( TADAWUL:2020 ) delivered a dose of negativity to shareholders...
Major Estimate Revision • May 12Consensus revenue estimates fall by 11%The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ر.س14.5b to ر.س13.0b. EPS estimate fell from ر.س11.56 to ر.س11.28 per share. Net income forecast to grow 11% next year vs 44% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س138. Share price rose 2.6% to ر.س146 over the past week.
Major Estimate Revision • May 03Consensus revenue estimates increase by 17%The consensus outlook for revenues in fiscal year 2026 has improved. 2026 revenue forecast increased from ر.س12.4b to ر.س14.5b. EPS estimate increased from ر.س10.64 to ر.س11.56 per share. Net income forecast to grow 13% next year vs 37% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target up from ر.س135 to ر.س138. Share price rose 7.3% to ر.س146 over the past week.
Reported Earnings • Apr 28First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: ر.س2.58 (up from ر.س2.07 in 1Q 2025). Revenue: ر.س2.87b (down 6.5% from 1Q 2025). Net income: ر.س1.23b (up 25% from 1Q 2025). Profit margin: 43% (up from 32% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) exceeded analyst estimates by 54%. Revenue is expected to decline by 3.3% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Saudi Arabia are expected to grow by 3.5%. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 15Price target increased by 11% to ر.س142Up from ر.س128, the current price target is an average from 9 analysts. New target price is 9.3% below last closing price of ر.س157. Stock is up 53% over the past year. The company is forecast to post earnings per share of ر.س10.64 for next year compared to ر.س9.08 last year.
Major Estimate Revision • Mar 25Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from ر.س11.7b to ر.س12.2b. EPS estimate increased from ر.س10.75 to ر.س11.99 per share. Net income forecast to grow 18% next year vs 22% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س128. Share price was steady at ر.س137 over the past week.
Major Estimate Revision • Mar 20Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ر.س11.7b to ر.س10.5b. EPS estimate unchanged from ر.س10.75 per share at last update. Chemicals industry in Saudi Arabia expected to see average net income growth of 22% next year. Consensus price target broadly unchanged at ر.س127. Share price was steady at ر.س136 over the past week.
New Risk • Mar 09New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.3% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공고 • Mar 06SABIC Agri-Nutrients Company, Annual General Meeting, Mar 26, 2026SABIC Agri-Nutrients Company, Annual General Meeting, Mar 26, 2026, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia
Reported Earnings • Mar 05Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: ر.س9.08 (up from ر.س6.99 in FY 2024). Revenue: ر.س13.1b (up 18% from FY 2024). Net income: ر.س4.32b (up 30% from FY 2024). Profit margin: 33% (up from 30% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Revenue is expected to fall by 7.7% p.a. on average during the next 3 years compared to a 3.9% decline forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
분석 기사 • Feb 02SABIC Agri-Nutrients Company's (TADAWUL:2020) Price Is Right But Growth Is LackingWhen close to half the companies in Saudi Arabia have price-to-earnings ratios (or "P/E's") above 18x, you may consider...
분석 기사 • Nov 05Returns On Capital At SABIC Agri-Nutrients (TADAWUL:2020) Have Hit The BrakesWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Reported Earnings • Oct 31Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: ر.س2.71 (up from ر.س1.74 in 3Q 2024). Revenue: ر.س3.52b (up 24% from 3Q 2024). Net income: ر.س1.29b (up 56% from 3Q 2024). Profit margin: 37% (up from 29% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 2.8%. Revenue is expected to decline by 6.4% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Saudi Arabia are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has fallen by 42% 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.
New Risk • Aug 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.0% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Major Estimate Revision • Jul 30Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from ر.س11.7b to ر.س12.6b. EPS estimate increased from ر.س7.94 to ر.س9.25 per share. Net income forecast to grow 22% next year vs 37% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س121. Share price was steady at ر.س118 over the past week.
New Risk • May 03New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.3% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (100% cash payout ratio).
Major Estimate Revision • Apr 30Consensus EPS estimates fall by 16%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ر.س7.74 to ر.س6.49 per share. Revenue forecast steady at ر.س11.3b. Net income forecast to shrink 7.1% next year vs 25% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target down from ر.س128 to ر.س125. Share price fell 4.3% to ر.س99.10 over the past week.
공고 • Apr 08Sabic Agri-Nutrients Company Announces Board ChangesSABIC Agri-Nutrients Company announced the appointments (Eng. Abdullah Ali Al-Bakr) as an independent member of Board of Directors, starting from the appointment date on 17/03/2025 to complete the Board cycle ending on 28/03/2026, succeeding the previous member Mr. Khalid Salem Al-Rowais an independent member. The nominated member has an extensive work history with leading roles in major companies across various sectors. From 2009 to 2015, they served as the Vice President of Manufacturing in the fertilizer sector at SABIC Agri-Nutrients Company (formerly SAFCO), overseeing operations at Ibn Al-Baytar and Al-Bayroni Companies. During the same period, hey also held the position of President at both SABIC Agri-Nutrients (formerly SAFCO) and Ibn Al-Baytar Company, as well as President of Jubail Fertilizer Company (Al-Bayroni). Prior to these roles, they served as the President of National Industrial Gases Company (GAS) from December 14, 1988, to March 13, 1999, and earlier, as the Deputy General Manager at GAS in 1986. Their career at SABIC began in 1985, where they worked as the Manager of the Training and Development Department, before transitioning to the Brine/Caustic Operations Manager, Line Manager, and in charge of Training, Recruitment, and Operations from July to December 1983. Their experience also extends internationally, having joined the SABIC Group through the Saudi Petrochemical Company (SADAF) in July 1977. In this role, they worked with Shell Oil Company (NORCO) in Louisiana, focusing on process engineering at the ethylene dichloride plant. This international experience continued with Shell's manufacturing complex in Houston, Texas, where they worked on process engineering at the chlor-alkali plant and at the ethylene dichloride plant. Additionally, they gained significant expertise in process engineering related to chlorinated hydrocarbon burners and project management while working in Pennsylvania.
Buy Or Sell Opportunity • Apr 07Now 23% overvaluedOver the last 90 days, the stock has fallen 6.1% to ر.س102. The fair value is estimated to be ر.س82.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 33%. For the next 3 years, revenue is forecast to grow by 0.03% per annum. Earnings are also forecast to grow by 2.0% per annum over the same time period.
공고 • Apr 07SABIC Agri-Nutrients Company, Annual General Meeting, Apr 29, 2025SABIC Agri-Nutrients Company, Annual General Meeting, Apr 29, 2025, at 19:30 Arab Standard Time. Location: riyadh Saudi Arabia
Reported Earnings • Feb 19Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ر.س6.99 (down from ر.س7.69 in FY 2023). Revenue: ر.س11.1b (flat on FY 2023). Net income: ر.س3.33b (down 9.1% from FY 2023). Profit margin: 30% (down from 33% in FY 2023). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.9%. Revenue is forecast to stay flat during the next 3 years compared to a 3.7% 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 8% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jan 29Upcoming dividend of ر.س3.00 per shareEligible shareholders must have bought the stock before 05 February 2025. Payment date: 17 February 2025. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 5.3%. Within top quartile of Saudi dividend payers (4.7%). In line with average of industry peers (5.2%).
Declared Dividend • Dec 25Dividend of ر.س3.00 announcedDividend of ر.س3.00 is the same as last year. Ex-date: 5th February 2025 Payment date: 17th February 2025 Dividend yield will be 5.5%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by both earnings (85% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 5.6% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 01Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindThird quarter 2024 results: EPS: ر.س1.74 (down from ر.س2.21 in 3Q 2023). Revenue: ر.س2.85b (up 6.7% from 3Q 2023). Net income: ر.س826.5m (down 21% from 3Q 2023). Profit margin: 29% (down from 39% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) missed analyst estimates by 2.9%. Revenue is forecast to stay flat 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, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
New Risk • Aug 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.2% 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. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 01Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: EPS: ر.س1.48 (up from ر.س1.37 in 2Q 2023). Revenue: ر.س2.68b (up 1.8% from 2Q 2023). Net income: ر.س705.3m (up 8.3% from 2Q 2023). Profit margin: 26% (up from 25% in 2Q 2023). Revenue exceeded analyst estimates by 8.8%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year.
Buy Or Sell Opportunity • Jul 08Now 21% overvaluedOver the last 90 days, the stock has fallen 5.6% to ر.س115. The fair value is estimated to be ر.س94.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 1.4% in 2 years. Earnings are forecast to grow by 4.6% in the next 2 years.
Board Change • Jun 17Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 2 independent directors. 7 non-independent directors. Director Anas Kentab 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: Minority of independent directors. Lack of board continuity.
Declared Dividend • Jun 02Dividend of ر.س3.00 announcedDividend of ر.س3.00 is the same as last year. Ex-date: 4th July 2024 Payment date: 22nd July 2024 Dividend yield will be 5.7%, which is higher than the industry average of 4.4%. Sustainability & Growth Dividend is covered by both earnings (81% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 9.1% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공고 • Jun 01SABIC Agri-Nutrients Company Announces Distribution of Interim Cash Dividends for First Half of 2024, Payable on 22 July 2024SABIC Agri-Nutrients Company announced Board decision to distribute interim cash dividends to Shareholders for the first half of 2024. Dividend per share SAR 3. The Total amount distributed: SAR 1,428,106,212. The eligibility date is 4th July 2024. The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and enrolled in the Company's register at Securities Depository Center Company by the end of the second trading day following the due date. Distribution Date: 22 July 2024.
Major Estimate Revision • May 24Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ر.س10.3b to ر.س9.81b. EPS estimate also fell from ر.س6.75 per share to ر.س6.03 per share. Net income forecast to shrink 8.1% next year vs 101% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س135. Share price fell 2.5% to ر.س111 over the past week.
Reported Earnings • May 02First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: EPS: ر.س1.77 (down from ر.س2.06 in 1Q 2023). Revenue: ر.س2.52b (down 8.8% from 1Q 2023). Net income: ر.س840.9m (down 14% from 1Q 2023). Profit margin: 33% (down from 36% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 1.5% 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 13% 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 • Apr 30Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ر.س7.92 to ر.س5.83. Revenue forecast unchanged from ر.س10.8b at last update. Net income forecast to shrink 24% next year vs 56% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target broadly unchanged at ر.س136. Share price rose 7.0% to ر.س116 over the past week.
공고 • Apr 05SABIC Agri-Nutrients Company, Annual General Meeting, Apr 28, 2024SABIC Agri-Nutrients Company, Annual General Meeting, Apr 28, 2024, at 16:00 Coordinated Universal Time. Agenda: To consider external Auditor Report for the fiscal year ended on December 31, 2023 after discussion; to consider discuss Financial Statements for the fiscal year ended December 31, 2023; to consider amendment of Board Membership Policy; and to consider other matters.
공고 • Mar 15Sabic Agri-Nutrients Company Announces CEO ChangesSABIC Agri-Nutrients Company announced the resolution of its Board of Directors, based on the recommendation of the Remuneration and Nominations Committee, to appoint Mr. Fahad Misfer Al-Battar as CEO of SABIC Agri-Nutrients Company, effective April 1, 2024, succeeding Eng. Abdulrahman Ahmed Shamsaddin, who is nominated for one of the Executive leadership positions at SABIC. Worth to highlight that Mr. Fahad Misfer Al-Battar has practical experience in executive leadership and technical and operational positions extending for more than (25) years in several fields. During his professional career, he held many leadership positions at SABIC and its subsidiaries, including the position of President of Al Sharqiyah Petrochemicals Co. (Sharq) and Al-Jubail Fertilizer Company (Al-Bayroni), and Saudi Petrochemical Company (SADAF), and SABIC Agri-Nutrients Company. His most recent position was Chief Operations Officer at SABIC Agri Nutrients Company, according to the new organizational structure that was implemented at the beginning of the year 2022. During Mr. Fahad Misfer Al-Battar professional career, he worked and supervised the implementation of many projects in the petrochemicals and Agri- Nutrients sector. Worth to highlight that Mr. Fahad Misfer Al-Battar holds an Executive Master?s degree in Business Administration and a Bachelors degree in Chemistry from King Fahd University of Petroleum and Minerals.
Reported Earnings • Mar 05Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2023 results: EPS: ر.س7.69 (down from ر.س21.08 in FY 2022). Revenue: ر.س11.0b (down 42% from FY 2022). Net income: ر.س3.66b (down 64% from FY 2022). Profit margin: 33% (down from 53% in FY 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 4.7%. Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Feb 01Upcoming dividend of ر.س3.00 per share at 4.7% yieldEligible shareholders must have bought the stock before 08 February 2024. Payment date: 21 February 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.7%. Within top quartile of Saudi dividend payers (4.6%). In line with average of industry peers (4.5%).
공고 • Dec 18SABIC Agri-Nutrients Company Announces Distribution of Interim Cash Dividends for Second Half of 2023, Payable on February 21, 2024SABIC Agri-Nutrients Company announced Board decision to distribute interim cash dividends to Shareholders for the second half of 2023. Dividend per share SAR 3. The Total amount distributed: SAR 1,428,106,212. The eligibility date is February 7, 2024. The eligibility of Cash dividend will be to Shareholders who own the company shares on the Eligibility date and enrolled in the Company's register at Securities Depository Center Company by the end of the second trading day following the due date. Distribution Date: February 21, 2024.
Major Estimate Revision • Nov 20Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ر.س10.8b to ر.س10.9b. EPS estimate increased from ر.س7.21 to ر.س8.04 per share. Net income forecast to shrink 16% next year vs 148% growth forecast for Chemicals industry in Saudi Arabia . Consensus price target of ر.س144 unchanged from last update. Share price rose 2.7% to ر.س137 over the past week.
New Risk • Nov 03New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 40% Last year net profit margin: 57% 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: Major Risk Earnings are forecast to decline by an average of 5.9% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (99% cash payout ratio). Profit margins are more than 30% lower than last year (40% net profit margin).
Reported Earnings • Nov 03Third quarter 2023 earnings: Revenues miss analyst expectationsThird quarter 2023 results: Revenue: ر.س2.67b (down 40% from 3Q 2022). Net income: ر.س1.05b (down 55% from 3Q 2022). Profit margin: 39% (down from 53% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.6%. Revenue is expected to decline by 3.2% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Saudi Arabia are expected to grow by 3.2%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: ر.س1.37 (vs ر.س6.35 in 2Q 2022)Second quarter 2023 results: EPS: ر.س1.37 (down from ر.س6.35 in 2Q 2022). Revenue: ر.س2.63b (down 54% from 2Q 2022). Net income: ر.س651.0m (down 79% from 2Q 2022). Profit margin: 25% (down from 53% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to decline by 8.4% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Saudi Arabia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 10Upcoming dividend of ر.س3.00 per share at 8.4% yieldEligible shareholders must have bought the stock before 17 July 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 8.4%. Within top quartile of Saudi dividend payers (4.1%). Higher than average of industry peers (5.1%).
Major Estimate Revision • Apr 14Consensus EPS estimates increase by 18%, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ر.س12.1b to ر.س11.4b. EPS estimate rose from ر.س7.82 to ر.س9.21. Net income forecast to shrink 56% next year vs 21% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س155 to ر.س151. Share price was steady at ر.س128 over the past week.
Upcoming Dividend • Mar 20Upcoming dividend of ر.س8.00 per share at 12% yieldEligible shareholders must have bought the stock before 27 March 2023. Payment date: 13 April 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Saudi dividend payers (4.7%). Higher than average of industry peers (6.3%).
Major Estimate Revision • Mar 15Consensus revenue estimates decrease by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from ر.س13.4b to ر.س12.1b. EPS estimate unchanged from ر.س9.01 per share at last update. Chemicals industry in Saudi Arabia expected to see average net income decline 28% next year. Consensus price target broadly unchanged at ر.س156. Share price was steady at ر.س131 over the past week.
공고 • Dec 20SABIC Agri-Nutrients Company Recommends Cash Dividend for the Second Half of 2022SABIC Agri-Nutrients Company clarified to the shareholders that the Board of Directors recommend to distribution SAR 4 per share for the second half of the year 2022 and in view of the company outstanding performance, the Board of Directors recommend to distribution of an additional SAR 4 riyals per share, so that the total amount of distribution for the second half of 2022 is SAR riyals per share. Number of Shares Eligible for Dividends: 476,035,404 Shares. Distribution date will be announced later.
Buying Opportunity • Nov 24Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be ر.س174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last 3 years. Earnings per share has grown by 74%. Revenue is forecast to decline by 29% in 2 years. Earnings is forecast to decline by 40% in the next 2 years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Yousef Alsuhaibani 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: Revenues in line with analyst expectationsThird quarter 2022 results: Revenue: ر.س4.42b (up 100% from 3Q 2021). Net income: ر.س2.33b (up 93% from 3Q 2021). Profit margin: 53% (down from 55% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Revenue is expected to fall by 22% p.a. on average during the next 3 years compared to a 5.4% decline forecast for the Chemicals industry in Saudi Arabia.
Major Estimate Revision • Oct 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ر.س17.6b to ر.س19.5b. EPS estimate unchanged at ر.س20.18. Net income forecast to shrink 12% next year vs 12% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س177. Share price rose 2.9% to ر.س173 over the past week.
공고 • Sep 29SABIC Agri-Nutrients Co. Announces Board ChangesSABIC Agri-Nutrients Co. announced the resignation of the Chairman of the Board of Directors, Mr. Yousef Bin Abdullah Al-Benyan, Based on the issuance of Royal Decree No. A/62 dated 01 Rabi’ Al-Awwal 1444, corresponding to 27 September 2022, appointing His Excellency as Minister of Education. Accordingly, SABIC Agri-Nutrients Co. would like to announced the Board approval for the resignation of Mr. Yousef Bin Abdullah Al-Benyan (Non-Executive Member) representative of the Saudi Basic Industries Corporation (SABIC), from the Board and the sub-committees memberships, starting from 02 Rabi’ Al-Awwal 1444, corresponding to 28 September 2022 and the Board approved the appointment of Eng. Abdulrahman Bin Saleh Al-Fageeh (Non-Executive Member) representative of the Saudi Basic Industries Corporation (SABIC), starting from 02 Rabi’ Al-Awwal 1444, corresponding to 28 September 2022.
Buying Opportunity • Sep 18Now 21% undervaluedOver the last 90 days, the stock is up 14%. The fair value is estimated to be ر.س199, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 59% over the last 3 years. Earnings per share has grown by 63%. Revenue is forecast to decline by 28% in 2 years. Earnings is forecast to decline by 33% in the next 2 years.
Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: ر.س6.35 (vs ر.س1.76 in 2Q 2021)Second quarter 2022 results: EPS: ر.س6.35 (up from ر.س1.76 in 2Q 2021). Revenue: ر.س5.70b (up 210% from 2Q 2021). Net income: ر.س3.02b (up 262% from 2Q 2021). Profit margin: 53% (up from 46% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 6.8% compared to a 3.8% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Aug 11Consensus revenue estimates increase by 12%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from ر.س16.0b to ر.س17.9b. EPS estimate increased from ر.س16.13 to ر.س19.28 per share. Net income forecast to grow 4.8% next year vs 8.5% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target up from ر.س164 to ر.س170. Share price rose 10% to ر.س154 over the past week.
Upcoming Dividend • Jul 11Upcoming dividend of ر.س4.00 per shareEligible shareholders must have bought the stock before 18 July 2022. Payment date: 01 August 2022. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of Saudi dividend payers (4.6%). Higher than average of industry peers (5.1%).
Major Estimate Revision • Jul 02Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from ر.س16.2b to ر.س16.0b. EPS estimate rose from ر.س13.39 to ر.س15.59. Net income forecast to shrink 8.4% next year vs 13% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س170 to ر.س167. Share price rose 2.7% to ر.س138 over the past week.
공고 • Jun 30SABIC Agri-Nutrients Company Announces Cash Dividend for the First Half of 2022SABIC Agri-Nutrients Company announced board decision to distribute cash dividend of SAR 4 per share to shareholders for the first half of 2022. The total amount distributed is SAR 1,904,141,616.
Buying Opportunity • Jun 09Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be ر.س190, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 44%. Revenue is forecast to decline by 16% in 2 years. Earnings is forecast to decline by 47% in the next 2 years.
Major Estimate Revision • Jun 07Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ر.س13.5b to ر.س16.5b. EPS estimate reaffirmed at ر.س12.79. Net income forecast to shrink 26% next year vs 9.6% decline forecast for Chemicals industry in Saudi Arabia. Consensus price target down from ر.س177 to ر.س174. Share price rose 5.7% to ر.س155 over the past week.
Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: ر.س5.28 (up from ر.س0.89 in 1Q 2021). Revenue: ر.س4.66b (up 209% from 1Q 2021). Net income: ر.س2.51b (up 495% from 1Q 2021). Profit margin: 54% (up from 28% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 21%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to stay flat compared to a 8.9% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • May 12Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be ر.س190, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to decline by 4.7% per annum. Earnings is also forecast to decline by 5.2% per annum over the same time period.
Price Target Changed • Apr 27Price target increased to ر.س175Up from ر.س164, the current price target is an average from 8 analysts. New target price is 6.9% above last closing price of ر.س164. Stock is up 50% over the past year. The company is forecast to post earnings per share of ر.س14.87 for next year compared to ر.س10.98 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Yousef Alsuhaibani 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.
공고 • Apr 15SABIC Agri-Nutrients Company Approves the Recommendation Cash Dividend for the Second Half of the Year 2021, Payable on April 27, 2022SABIC Agri-Nutrients Company Approved the recommendation of the Board of Directors to distribute cash dividends to shareholders for the second half of the year 2021 with total amount (SAR 1,428,106,212) at SAR 3 per share, which represents (30%) of par value. Eligibility for the second half dividends of the year will be to the shareholders registered in the Company-s share registry at the Depository Center at the end of the second trading day following Extraordinary General Meeting date, the date of the distribution will be on April 27, 2022.
Price Target Changed • Apr 13Price target increased to ر.س176Up from ر.س164, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of ر.س180. Stock is up 81% over the past year. The company is forecast to post earnings per share of ر.س13.75 for next year compared to ر.س10.98 last year.
Upcoming Dividend • Apr 07Upcoming dividend of ر.س3.00 per shareEligible shareholders must have bought the stock before 14 April 2022. Payment date: 24 April 2022. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Saudi dividend payers (4.1%). In line with average of industry peers (3.5%).
Major Estimate Revision • Mar 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from ر.س10.7b to ر.س11.8b. EPS estimate unchanged from ر.س12.76 at last update. Chemicals industry in Saudi Arabia expected to see average net income decline 7.5% next year. Consensus price target up from ر.س164 to ر.س170. Share price was steady at ر.س179 over the past week.
Reported Earnings • Mar 08Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ر.س10.98 (up from ر.س3.11 in FY 2020). Revenue: ر.س9.59b (up 188% from FY 2020). Net income: ر.س5.23b (up 304% from FY 2020). Profit margin: 55% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) also surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 2.0% compared to a 1.7% decline forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to ر.س176, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Chemicals industry in Saudi Arabia. Total returns to shareholders of 135% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س135 per share.
Reported Earnings • Feb 05Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ر.س10.98 (up from ر.س3.11 in FY 2020). Revenue: ر.س9.59b (up 188% from FY 2020). Net income: ر.س5.23b (up 304% from FY 2020). Profit margin: 55% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.1%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 4.9%, compared to a 13% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 25% per year.
공고 • Jan 25SABIC Agri-Nutrients Company (SASE:2020) entered into an agreement to acquire 49% stake in ETG Inputs Holdco Limited for an enterprise value of $320 million.SABIC Agri-Nutrients Company (SASE:2020) entered into an agreement to acquire 49% stake in ETG Inputs Holdco Limited for an enterprise value of $320 million on January 24, 2022. The acquisition will be financed through own resources in addition to bank facilities. The transaction is subject to regulatory approval.
Major Estimate Revision • Jan 17Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in 2021 has improved. 2021 revenue forecast increased from ر.س8.83b to ر.س9.06b. EPS estimate increased from ر.س8.92 to ر.س9.90 per share. Net income forecast to grow 95% next year vs 4.8% growth forecast for Chemicals industry in Saudi Arabia. Consensus price target broadly unchanged at ر.س154. Share price rose 2.9% to ر.س180 over the past week.