View Financial HealthArabian Pipes 배당 및 자사주 매입배당 기준 점검 2/6Arabian Pipes 수익으로 충분히 충당되는 현재 수익률 2.19% 보유한 배당금 지급 회사입니다.핵심 정보2.2%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률3.2%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향38%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jun 16Upcoming dividend of ر.س0.17 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 12 July 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Saudi dividend payers (6.0%). Lower than average of industry peers (2.5%).Upcoming Dividend • May 28Upcoming dividend of ر.س0.15 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Saudi dividend payers (5.3%). Lower than average of industry peers (2.7%).모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • Jul 27Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to ر.س5.18. The fair value is estimated to be ر.س6.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 51% in the next 2 years.Upcoming Dividend • Jun 16Upcoming dividend of ر.س0.17 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 12 July 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Saudi dividend payers (6.0%). Lower than average of industry peers (2.5%).공고 • May 21Arabian Pipes Company, Annual General Meeting, Jun 22, 2026Arabian Pipes Company, Annual General Meeting, Jun 22, 2026, at 19:30 Arab Standard Time. Location: riyadh Saudi ArabiaReported Earnings • May 07First quarter 2026 earnings released: EPS: ر.س0.10 (vs ر.س0.20 in 1Q 2025)First quarter 2026 results: EPS: ر.س0.10 (down from ر.س0.20 in 1Q 2025). Revenue: ر.س194.6m (down 22% from 1Q 2025). Net income: ر.س20.1m (down 50% from 1Q 2025). Profit margin: 10% (down from 16% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Metals and Mining 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 increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ر.س7.14, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Metals and Mining industry in Asia. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س4.27 per share.Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ر.س5.68, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Metals and Mining industry in Asia. Total returns to shareholders of 144% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س4.41 per share.Buy Or Sell Opportunity • Mar 26Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ر.س5.42. The fair value is estimated to be ر.س4.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.New Risk • Mar 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 04Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ر.س0.55 (down from ر.س0.84 in FY 2024). Revenue: ر.س874.1m (down 23% from FY 2024). Net income: ر.س110.5m (down 34% from FY 2024). Profit margin: 13% (down from 15% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 31% per year.Buy Or Sell Opportunity • Feb 11Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at ر.س5.28. The fair value is estimated to be ر.س4.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.Buy Or Sell Opportunity • Jan 27Now 21% overvaluedOver the last 90 days, the stock has fallen 6.4% to ر.س5.29. The fair value is estimated to be ر.س4.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: ر.س0.14 (vs ر.س0.22 in 3Q 2024)Third quarter 2025 results: EPS: ر.س0.14 (down from ر.س0.22 in 3Q 2024). Revenue: ر.س233.3m (down 27% from 3Q 2024). Net income: ر.س27.8m (down 37% from 3Q 2024). Profit margin: 12% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 11Arabian Pipes' (TADAWUL:2200) Conservative Accounting Might Explain Soft EarningsThe market for Arabian Pipes Company's ( TADAWUL:2200 ) shares didn't move much after it posted weak earnings recently...Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: ر.س0.17 (vs ر.س0.28 in 2Q 2024)Second quarter 2025 results: EPS: ر.س0.17 (down from ر.س0.28 in 2Q 2024). Revenue: ر.س254.4m (down 26% from 2Q 2024). Net income: ر.س34.4m (down 40% from 2Q 2024). Profit margin: 14% (down from 17% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.분석 기사 • Jun 16Why Investors Shouldn't Be Surprised By Arabian Pipes Company's (TADAWUL:2200) Low P/EArabian Pipes Company's ( TADAWUL:2200 ) price-to-earnings (or "P/E") ratio of 7.7x might make it look like a strong...Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ر.س6.72, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 24x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 138% over the past three years.Upcoming Dividend • May 28Upcoming dividend of ر.س0.15 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Saudi dividend payers (5.3%). Lower than average of industry peers (2.7%).Reported Earnings • May 15First quarter 2025 earnings released: EPS: ر.س0.27 (vs ر.س0.36 in 1Q 2024)First quarter 2025 results: EPS: ر.س0.27 (down from ر.س0.36 in 1Q 2024). Revenue: ر.س248.9m (down 19% from 1Q 2024). Net income: ر.س40.2m (down 27% from 1Q 2024). Profit margin: 16% (down from 18% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.공고 • May 14Arabian Pipes Company, Annual General Meeting, Jun 03, 2025Arabian Pipes Company, Annual General Meeting, Jun 03, 2025, at 20:00 Arab Standard Time. Location: riyadh Saudi ArabiaValuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ر.س8.90, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 26x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 164% over the past three years.분석 기사 • Apr 07Arabian Pipes (TADAWUL:2200) Is Very Good At Capital AllocationIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...New Risk • Apr 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (100% net debt to equity). Share price has been volatile over the past 3 months (5.8% average weekly change).Reported Earnings • Mar 07Full year 2024 earnings released: EPS: ر.س1.12 (vs ر.س0.88 in FY 2023)Full year 2024 results: EPS: ر.س1.12 (up from ر.س0.88 in FY 2023). Revenue: ر.س1.14b (up 5.7% from FY 2023). Net income: ر.س168.2m (up 27% from FY 2023). Profit margin: 15% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 25Investors Don't See Light At End Of Arabian Pipes Company's (TADAWUL:2200) TunnelArabian Pipes Company's ( TADAWUL:2200 ) price-to-earnings (or "P/E") ratio of 8.9x might make it look like a strong...Buy Or Sell Opportunity • Jan 08Now 90% undervalued after recent price dropOver the last 90 days, the stock has fallen 91% to ر.س12.02. The fair value is estimated to be ر.س119, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 7.3% per annum over the same time period.분석 기사 • Nov 17Arabian Pipes' (TADAWUL:2200) Solid Profits Have Weak FundamentalsArabian Pipes Company's ( TADAWUL:2200 ) robust earnings report didn't manage to move the market for its stock. Our...Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: ر.س2.93 (vs ر.س2.99 in 3Q 2023)Third quarter 2024 results: EPS: ر.س2.93 (down from ر.س2.99 in 3Q 2023). Revenue: ر.س318.5m (up 14% from 3Q 2023). Net income: ر.س43.9m (down 2.1% from 3Q 2023). Profit margin: 14% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 05Arabian Pipes Company's (TADAWUL:2200) Prospects Need A Boost To Lift SharesWhen close to half the companies in Saudi Arabia have price-to-earnings ratios (or "P/E's") above 25x, you may consider...Buy Or Sell Opportunity • Oct 14Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at ر.س134. The fair value is estimated to be ر.س111, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period.Buy Or Sell Opportunity • Sep 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to ر.س136. The fair value is estimated to be ر.س113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period.Buy Or Sell Opportunity • Aug 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to ر.س137. The fair value is estimated to be ر.س113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period.Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: ر.س5.70 (vs ر.س2.22 in 2Q 2023)Second quarter 2024 results: EPS: ر.س5.70 (up from ر.س2.22 in 2Q 2023). Revenue: ر.س343.1m (up 29% from 2Q 2023). Net income: ر.س57.0m (up 72% from 2Q 2023). Profit margin: 17% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Aug 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to ر.س141. The fair value is estimated to be ر.س115, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 8.0% per annum over the same time period.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 33%After last week's 33% share price decline to ر.س133, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Metals and Mining industry in Asia. Total returns to shareholders of 52% over the past three years.공고 • May 24Arabian Pipes Company Announces Formation of Audit CommitteeArabian Pipes Company announced the formation of the Audit Committee for the new term starting on May 22, 2024, and ending on May 21, 2027, based on Board of Directors resolution issued on May 22, 2024, as follows: Mr. Saad bin Falah Al-Qahtani as Member. He holds a Bachelor's degree in Accounting and a Master's degree in Finance and Investment. He also possesses several certifications and has completed various courses in finance and accounting. Additionally, he is a board member and audit committee member in several listed and unlisted companies. Mr. Maan Yousef Abalkhail as Member. He holds a Bachelor's degree in Business Administration with a specialization in Accounting from King Saud University. He began his professional career at PricewaterhouseCoopers (PWC), working in audit and external review. He subsequently transitioned to corporate banking management roles at Samba Financial Group, the National Commercial Bank (NCB), Saudi Fransi Bank, and Al Rajhi Bank. Mr. Saleh Abdullah Al Yahya (external member) as Member. He holds a Bachelor's degree in Accounting and the Saudi Organization for Certified Public Accountants (SOCPA) fellowship. He also possesses several certifications and has completed various courses in finance and accounting. Additionally, he is a member of audit committees in several listed and unlisted companies. Mr. Khaled Saleh Al-Tarifi (external member) as Member. He holds a Bachelor's degree in Accounting, the American Institute of Certified Public Accountants (CPA) fellowship, and the Saudi Organization for Certified Public Accountants (SOCPA) fellowship. He also has completed many advanced professional courses. Additionally, he is a board member and audit committee member in several listed and unlisted companies.Reported Earnings • May 23First quarter 2024 earnings released: EPS: ر.س5.48 (vs ر.س1.33 in 1Q 2023)First quarter 2024 results: EPS: ر.س5.48 (up from ر.س1.33 in 1Q 2023). Revenue: ر.س308.7m (up 34% from 1Q 2023). Net income: ر.س54.8m (up 312% from 1Q 2023). Profit margin: 18% (up from 5.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.공고 • May 16Arabian Pipes Company Elects Abdulaziz Ali Abdulaziz Almasood to the Board of Directors, Effective May 22, 2024Arabian Pipes Company announced at ordinary general assembly held on May 14, 2024, the shareholders elected Mr. Abdulaziz Ali Abdulaziz Almasood to the board of directors starting from May 22, 2024, for a period of three years ending on May 21, 2027.Board Change • Apr 25Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Director Abdullah Bin Al-Harbi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.분석 기사 • Mar 21Arabian Pipes' (TADAWUL:2200) Promising Earnings May Rest On Soft FoundationsArabian Pipes Company ( TADAWUL:2200 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Reported Earnings • Mar 14Full year 2023 earnings released: EPS: ر.س13.21 (vs ر.س0.90 in FY 2022)Full year 2023 results: EPS: ر.س13.21 (up from ر.س0.90 in FY 2022). Revenue: ر.س1.08b (up 102% from FY 2022). Net income: ر.س132.1m (up ر.س123.1m from FY 2022). Profit margin: 12% (up from 1.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.분석 기사 • Feb 26Arabian Pipes (TADAWUL:2200) Is Achieving High Returns On Its CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س150, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 37x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 83% over the past three years.분석 기사 • Jan 30Arabian Pipes Company (TADAWUL:2200) Screens Well But There Might Be A CatchIt's not a stretch to say that Arabian Pipes Company's ( TADAWUL:2200 ) price-to-sales (or "P/S") ratio of 1.4x right...Buy Or Sell Opportunity • Jan 29Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to ر.س137. The fair value is estimated to be ر.س114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Nov 07Third quarter 2023 earnings released: EPS: ر.س4.48 (vs ر.س0.99 in 3Q 2022)Third quarter 2023 results: EPS: ر.س4.48 (up from ر.س0.99 in 3Q 2022). Revenue: ر.س279.1m (up 59% from 3Q 2022). Net income: ر.س44.8m (up 351% from 3Q 2022). Profit margin: 16% (up from 5.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.분석 기사 • Nov 02Why The 39% Return On Capital At Arabian Pipes (TADAWUL:2200) Should Have Your AttentionIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ر.س106, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 34x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 78% over the past three years.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ر.س94.50, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 28x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 33% over the past three years.Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: ر.س3.33 (vs ر.س0.42 loss in 2Q 2022)Second quarter 2023 results: EPS: ر.س3.33 (up from ر.س0.42 loss in 2Q 2022). Revenue: ر.س265.0m (up 278% from 2Q 2022). Net income: ر.س33.3m (up ر.س37.5m from 2Q 2022). Profit margin: 13% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س70.00, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 23x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 35% over the past three years.분석 기사 • May 24Investors Will Want Arabian Pipes' (TADAWUL:2200) Growth In ROCE To PersistThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...분석 기사 • Apr 18Arabian Pipes Company's (TADAWUL:2200) Shares Climb 28% But Its Business Is Yet to Catch UpArabian Pipes Company ( TADAWUL:2200 ) shareholders would be excited to see that the share price has had a great month...Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Director Abdullah Bin Al-Harbi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Sep 09Arabian Pipes Company Announces Resignation of Faisal Mohammed Alharbi as Board Member, Effective from September 11, 2022Arabian Pipes Company announced that its Board of Directors has accepted the resignation of Mr. Faisal Mohammed Alharbi (Non-Executive Member) from the membership of the Board of Directors and its committees effective from September 11, 2022.Reported Earnings • Sep 02Second quarter 2022 earnings released: ر.س0.43 loss per share (vs ر.س1.31 loss in 2Q 2021)Second quarter 2022 results: ر.س0.43 loss per share (up from ر.س1.31 loss in 2Q 2021). Revenue: ر.س70.0m (down 44% from 2Q 2021). Net loss: ر.س4.25m (loss narrowed 67% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Jun 04First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: ر.س63.1m (down 51% from 1Q 2021). Net loss: ر.س13.2m (down ر.س14.2m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공고 • Jun 02Arabian Pipes Company, Annual General Meeting, Jun 22, 2022Arabian Pipes Company, Annual General Meeting, Jun 22, 2022, at 17:30 Coordinated Universal Time.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Director Abdullah Bin Al-Harbi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 12Full year 2021 earnings released: ر.س1.50 loss per share (vs ر.س19.53 loss in FY 2020)Full year 2021 results: ر.س1.50 loss per share (up from ر.س19.53 loss in FY 2020). Revenue: ر.س395.0m (up 7.0% from FY 2020). Net loss: ر.س60.1m (loss narrowed 69% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Reported Earnings • Nov 23Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: ر.س0.42 loss per share (down from ر.س0.086 loss in 3Q 2020). Revenue: ر.س92.6m (down 43% from 3Q 2020). Net loss: ر.س16.8m (loss widened 387% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Reported Earnings • Aug 31Second quarter 2021 earnings released: ر.س0.33 loss per share (vs ر.س0.47 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: ر.س124.1m (up 174% from 2Q 2020). Net loss: ر.س13.1m (loss narrowed 31% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Reported Earnings • Jul 10First quarter 2021 earnings released: EPS ر.س0.024 (vs ر.س0.42 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ر.س129.3m (up 95% from 1Q 2020). Net income: ر.س950.0k (up ر.س17.8m from 1Q 2020). Profit margin: 0.7% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 17New 90-day high: ر.س21.62The company is up 18% from its price of ر.س18.30 on 19 November 2020. The Saudi market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 15% over the same period.Is New 90 Day High Low • Feb 01New 90-day high: ر.س20.78The company is up 44% from its price of ر.س14.46 on 03 November 2020. The Saudi market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period.분석 기사 • Jan 30Investors Who Bought Arabian Pipes (TADAWUL:2200) Shares Five Years Ago Are Now Up 127%When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...Is New 90 Day High Low • Jan 13New 90-day high: ر.س20.26The company is up 9.0% from its price of ر.س18.64 on 15 October 2020. The Saudi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period.Reported Earnings • Nov 21Third quarter 2020 earnings released: ر.س0.086 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ر.س162.0m (down 23% from 3Q 2019). Net loss: ر.س3.45m (down 138% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 15New 90-day high: ر.س19.24The company is up 51% from its price of ر.س12.78 on 16 July 2020. The Saudi market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 18% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 이제 막 배당금 지급을 시작했기 때문에 2200 의 배당금 지급이 안정적인지 여부를 판단하기에는 너무 이릅니다.배당금 증가: 이제 막 배당금 지급을 시작했기 때문에 2200 의 배당금 지급액이 늘어나고 있는지 판단하기에는 너무 이릅니다.배당 수익률 vs 시장Arabian Pipes 배당 수익률 vs 시장2200의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (2200)2.2%시장 하위 25% (SA)2.4%시장 상위 25% (SA)6.1%업계 평균 (Metals and Mining)2.8%분석가 예측 (2200) (최대 3년)3.2%주목할만한 배당금: 2200 의 배당금( 2.19% )은 SA 시장에서 배당금 지급자의 하위 25%( 2.43% )와 비교해 주목할 만하지 않습니다.고배당: 2200 의 배당금( 2.19% )은 SA 시장에서 배당금 지급자의 상위 25%( 6.11% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 37.6% )로 2200 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 합리적으로 낮은 현금 지급 비율 ( 27% )로 2200 의 배당금 지급은 현금 흐름으로 잘 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YSA 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/28 14:43종가2026/07/28 00:00수익2026/03/31연간 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 소스Arabian Pipes Company는 6명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mazen Al-SudairiAl Rajhi CapitalMohamad HaidarArqaam Capital Research Offshore S.A.L.Boulos BerzyCI Capital Research3명의 분석가 더 보기
Upcoming Dividend • Jun 16Upcoming dividend of ر.س0.17 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 12 July 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Saudi dividend payers (6.0%). Lower than average of industry peers (2.5%).
Upcoming Dividend • May 28Upcoming dividend of ر.س0.15 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Saudi dividend payers (5.3%). Lower than average of industry peers (2.7%).
Buy Or Sell Opportunity • Jul 27Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 26% to ر.س5.18. The fair value is estimated to be ر.س6.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 51% in the next 2 years.
Upcoming Dividend • Jun 16Upcoming dividend of ر.س0.17 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 12 July 2026. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Saudi dividend payers (6.0%). Lower than average of industry peers (2.5%).
공고 • May 21Arabian Pipes Company, Annual General Meeting, Jun 22, 2026Arabian Pipes Company, Annual General Meeting, Jun 22, 2026, at 19:30 Arab Standard Time. Location: riyadh Saudi Arabia
Reported Earnings • May 07First quarter 2026 earnings released: EPS: ر.س0.10 (vs ر.س0.20 in 1Q 2025)First quarter 2026 results: EPS: ر.س0.10 (down from ر.س0.20 in 1Q 2025). Revenue: ر.س194.6m (down 22% from 1Q 2025). Net income: ر.س20.1m (down 50% from 1Q 2025). Profit margin: 10% (down from 16% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Metals and Mining 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 increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ر.س7.14, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 16x in the Metals and Mining industry in Asia. Total returns to shareholders of 189% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س4.27 per share.
Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ر.س5.68, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 15x in the Metals and Mining industry in Asia. Total returns to shareholders of 144% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س4.41 per share.
Buy Or Sell Opportunity • Mar 26Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ر.س5.42. The fair value is estimated to be ر.س4.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
New Risk • Mar 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 04Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ر.س0.55 (down from ر.س0.84 in FY 2024). Revenue: ر.س874.1m (down 23% from FY 2024). Net income: ر.س110.5m (down 34% from FY 2024). Profit margin: 13% (down from 15% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 31% per year.
Buy Or Sell Opportunity • Feb 11Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at ر.س5.28. The fair value is estimated to be ر.س4.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.
Buy Or Sell Opportunity • Jan 27Now 21% overvaluedOver the last 90 days, the stock has fallen 6.4% to ر.س5.29. The fair value is estimated to be ر.س4.37, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 9.2% per annum over the same time period.
Reported Earnings • Nov 06Third quarter 2025 earnings released: EPS: ر.س0.14 (vs ر.س0.22 in 3Q 2024)Third quarter 2025 results: EPS: ر.س0.14 (down from ر.س0.22 in 3Q 2024). Revenue: ر.س233.3m (down 27% from 3Q 2024). Net income: ر.س27.8m (down 37% from 3Q 2024). Profit margin: 12% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 11Arabian Pipes' (TADAWUL:2200) Conservative Accounting Might Explain Soft EarningsThe market for Arabian Pipes Company's ( TADAWUL:2200 ) shares didn't move much after it posted weak earnings recently...
Reported Earnings • Aug 05Second quarter 2025 earnings released: EPS: ر.س0.17 (vs ر.س0.28 in 2Q 2024)Second quarter 2025 results: EPS: ر.س0.17 (down from ر.س0.28 in 2Q 2024). Revenue: ر.س254.4m (down 26% from 2Q 2024). Net income: ر.س34.4m (down 40% from 2Q 2024). Profit margin: 14% (down from 17% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth.
분석 기사 • Jun 16Why Investors Shouldn't Be Surprised By Arabian Pipes Company's (TADAWUL:2200) Low P/EArabian Pipes Company's ( TADAWUL:2200 ) price-to-earnings (or "P/E") ratio of 7.7x might make it look like a strong...
Valuation Update With 7 Day Price Move • Jun 04Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ر.س6.72, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 24x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 138% over the past three years.
Upcoming Dividend • May 28Upcoming dividend of ر.س0.15 per shareEligible shareholders must have bought the stock before 04 June 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Saudi dividend payers (5.3%). Lower than average of industry peers (2.7%).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: ر.س0.27 (vs ر.س0.36 in 1Q 2024)First quarter 2025 results: EPS: ر.س0.27 (down from ر.س0.36 in 1Q 2024). Revenue: ر.س248.9m (down 19% from 1Q 2024). Net income: ر.س40.2m (down 27% from 1Q 2024). Profit margin: 16% (down from 18% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.
공고 • May 14Arabian Pipes Company, Annual General Meeting, Jun 03, 2025Arabian Pipes Company, Annual General Meeting, Jun 03, 2025, at 20:00 Arab Standard Time. Location: riyadh Saudi Arabia
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ر.س8.90, the stock trades at a trailing P/E ratio of 7.9x. Average trailing P/E is 26x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 164% over the past three years.
분석 기사 • Apr 07Arabian Pipes (TADAWUL:2200) Is Very Good At Capital AllocationIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
New Risk • Apr 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (100% net debt to equity). Share price has been volatile over the past 3 months (5.8% average weekly change).
Reported Earnings • Mar 07Full year 2024 earnings released: EPS: ر.س1.12 (vs ر.س0.88 in FY 2023)Full year 2024 results: EPS: ر.س1.12 (up from ر.س0.88 in FY 2023). Revenue: ر.س1.14b (up 5.7% from FY 2023). Net income: ر.س168.2m (up 27% from FY 2023). Profit margin: 15% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 25Investors Don't See Light At End Of Arabian Pipes Company's (TADAWUL:2200) TunnelArabian Pipes Company's ( TADAWUL:2200 ) price-to-earnings (or "P/E") ratio of 8.9x might make it look like a strong...
Buy Or Sell Opportunity • Jan 08Now 90% undervalued after recent price dropOver the last 90 days, the stock has fallen 91% to ر.س12.02. The fair value is estimated to be ر.س119, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.8% per annum. Earnings are also forecast to grow by 7.3% per annum over the same time period.
분석 기사 • Nov 17Arabian Pipes' (TADAWUL:2200) Solid Profits Have Weak FundamentalsArabian Pipes Company's ( TADAWUL:2200 ) robust earnings report didn't manage to move the market for its stock. Our...
Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: ر.س2.93 (vs ر.س2.99 in 3Q 2023)Third quarter 2024 results: EPS: ر.س2.93 (down from ر.س2.99 in 3Q 2023). Revenue: ر.س318.5m (up 14% from 3Q 2023). Net income: ر.س43.9m (down 2.1% from 3Q 2023). Profit margin: 14% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 05Arabian Pipes Company's (TADAWUL:2200) Prospects Need A Boost To Lift SharesWhen close to half the companies in Saudi Arabia have price-to-earnings ratios (or "P/E's") above 25x, you may consider...
Buy Or Sell Opportunity • Oct 14Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at ر.س134. The fair value is estimated to be ر.س111, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period.
Buy Or Sell Opportunity • Sep 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 16% to ر.س136. The fair value is estimated to be ر.س113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period.
Buy Or Sell Opportunity • Aug 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to ر.س137. The fair value is estimated to be ر.س113, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 7.4% per annum over the same time period.
Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: ر.س5.70 (vs ر.س2.22 in 2Q 2023)Second quarter 2024 results: EPS: ر.س5.70 (up from ر.س2.22 in 2Q 2023). Revenue: ر.س343.1m (up 29% from 2Q 2023). Net income: ر.س57.0m (up 72% from 2Q 2023). Profit margin: 17% (up from 13% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Aug 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to ر.س141. The fair value is estimated to be ر.س115, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.9% per annum. Earnings are also forecast to grow by 8.0% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment deteriorates as stock falls 33%After last week's 33% share price decline to ر.س133, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Metals and Mining industry in Asia. Total returns to shareholders of 52% over the past three years.
공고 • May 24Arabian Pipes Company Announces Formation of Audit CommitteeArabian Pipes Company announced the formation of the Audit Committee for the new term starting on May 22, 2024, and ending on May 21, 2027, based on Board of Directors resolution issued on May 22, 2024, as follows: Mr. Saad bin Falah Al-Qahtani as Member. He holds a Bachelor's degree in Accounting and a Master's degree in Finance and Investment. He also possesses several certifications and has completed various courses in finance and accounting. Additionally, he is a board member and audit committee member in several listed and unlisted companies. Mr. Maan Yousef Abalkhail as Member. He holds a Bachelor's degree in Business Administration with a specialization in Accounting from King Saud University. He began his professional career at PricewaterhouseCoopers (PWC), working in audit and external review. He subsequently transitioned to corporate banking management roles at Samba Financial Group, the National Commercial Bank (NCB), Saudi Fransi Bank, and Al Rajhi Bank. Mr. Saleh Abdullah Al Yahya (external member) as Member. He holds a Bachelor's degree in Accounting and the Saudi Organization for Certified Public Accountants (SOCPA) fellowship. He also possesses several certifications and has completed various courses in finance and accounting. Additionally, he is a member of audit committees in several listed and unlisted companies. Mr. Khaled Saleh Al-Tarifi (external member) as Member. He holds a Bachelor's degree in Accounting, the American Institute of Certified Public Accountants (CPA) fellowship, and the Saudi Organization for Certified Public Accountants (SOCPA) fellowship. He also has completed many advanced professional courses. Additionally, he is a board member and audit committee member in several listed and unlisted companies.
Reported Earnings • May 23First quarter 2024 earnings released: EPS: ر.س5.48 (vs ر.س1.33 in 1Q 2023)First quarter 2024 results: EPS: ر.س5.48 (up from ر.س1.33 in 1Q 2023). Revenue: ر.س308.7m (up 34% from 1Q 2023). Net income: ر.س54.8m (up 312% from 1Q 2023). Profit margin: 18% (up from 5.8% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Metals and Mining industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
공고 • May 16Arabian Pipes Company Elects Abdulaziz Ali Abdulaziz Almasood to the Board of Directors, Effective May 22, 2024Arabian Pipes Company announced at ordinary general assembly held on May 14, 2024, the shareholders elected Mr. Abdulaziz Ali Abdulaziz Almasood to the board of directors starting from May 22, 2024, for a period of three years ending on May 21, 2027.
Board Change • Apr 25Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Director Abdullah Bin Al-Harbi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
분석 기사 • Mar 21Arabian Pipes' (TADAWUL:2200) Promising Earnings May Rest On Soft FoundationsArabian Pipes Company ( TADAWUL:2200 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: ر.س13.21 (vs ر.س0.90 in FY 2022)Full year 2023 results: EPS: ر.س13.21 (up from ر.س0.90 in FY 2022). Revenue: ر.س1.08b (up 102% from FY 2022). Net income: ر.س132.1m (up ر.س123.1m from FY 2022). Profit margin: 12% (up from 1.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
분석 기사 • Feb 26Arabian Pipes (TADAWUL:2200) Is Achieving High Returns On Its CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س150, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 37x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 83% over the past three years.
분석 기사 • Jan 30Arabian Pipes Company (TADAWUL:2200) Screens Well But There Might Be A CatchIt's not a stretch to say that Arabian Pipes Company's ( TADAWUL:2200 ) price-to-sales (or "P/S") ratio of 1.4x right...
Buy Or Sell Opportunity • Jan 29Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 42% to ر.س137. The fair value is estimated to be ر.س114, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Nov 07Third quarter 2023 earnings released: EPS: ر.س4.48 (vs ر.س0.99 in 3Q 2022)Third quarter 2023 results: EPS: ر.س4.48 (up from ر.س0.99 in 3Q 2022). Revenue: ر.س279.1m (up 59% from 3Q 2022). Net income: ر.س44.8m (up 351% from 3Q 2022). Profit margin: 16% (up from 5.7% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
분석 기사 • Nov 02Why The 39% Return On Capital At Arabian Pipes (TADAWUL:2200) Should Have Your AttentionIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ر.س106, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 34x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 78% over the past three years.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ر.س94.50, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 28x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 33% over the past three years.
Reported Earnings • Aug 19Second quarter 2023 earnings released: EPS: ر.س3.33 (vs ر.س0.42 loss in 2Q 2022)Second quarter 2023 results: EPS: ر.س3.33 (up from ر.س0.42 loss in 2Q 2022). Revenue: ر.س265.0m (up 278% from 2Q 2022). Net income: ر.س33.3m (up ر.س37.5m from 2Q 2022). Profit margin: 13% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س70.00, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 23x in the Metals and Mining industry in Saudi Arabia. Total returns to shareholders of 35% over the past three years.
분석 기사 • May 24Investors Will Want Arabian Pipes' (TADAWUL:2200) Growth In ROCE To PersistThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
분석 기사 • Apr 18Arabian Pipes Company's (TADAWUL:2200) Shares Climb 28% But Its Business Is Yet to Catch UpArabian Pipes Company ( TADAWUL:2200 ) shareholders would be excited to see that the share price has had a great month...
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Director Abdullah Bin Al-Harbi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Sep 09Arabian Pipes Company Announces Resignation of Faisal Mohammed Alharbi as Board Member, Effective from September 11, 2022Arabian Pipes Company announced that its Board of Directors has accepted the resignation of Mr. Faisal Mohammed Alharbi (Non-Executive Member) from the membership of the Board of Directors and its committees effective from September 11, 2022.
Reported Earnings • Sep 02Second quarter 2022 earnings released: ر.س0.43 loss per share (vs ر.س1.31 loss in 2Q 2021)Second quarter 2022 results: ر.س0.43 loss per share (up from ر.س1.31 loss in 2Q 2021). Revenue: ر.س70.0m (down 44% from 2Q 2021). Net loss: ر.س4.25m (loss narrowed 67% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jun 04First quarter 2022 earnings releasedFirst quarter 2022 results: Revenue: ر.س63.1m (down 51% from 1Q 2021). Net loss: ر.س13.2m (down ر.س14.2m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공고 • Jun 02Arabian Pipes Company, Annual General Meeting, Jun 22, 2022Arabian Pipes Company, Annual General Meeting, Jun 22, 2022, at 17:30 Coordinated Universal Time.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Director Abdullah Bin Al-Harbi was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 12Full year 2021 earnings released: ر.س1.50 loss per share (vs ر.س19.53 loss in FY 2020)Full year 2021 results: ر.س1.50 loss per share (up from ر.س19.53 loss in FY 2020). Revenue: ر.س395.0m (up 7.0% from FY 2020). Net loss: ر.س60.1m (loss narrowed 69% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 23Third quarter 2021 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2021 results: ر.س0.42 loss per share (down from ر.س0.086 loss in 3Q 2020). Revenue: ر.س92.6m (down 43% from 3Q 2020). Net loss: ر.س16.8m (loss widened 387% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 31Second quarter 2021 earnings released: ر.س0.33 loss per share (vs ر.س0.47 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: ر.س124.1m (up 174% from 2Q 2020). Net loss: ر.س13.1m (loss narrowed 31% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Reported Earnings • Jul 10First quarter 2021 earnings released: EPS ر.س0.024 (vs ر.س0.42 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ر.س129.3m (up 95% from 1Q 2020). Net income: ر.س950.0k (up ر.س17.8m from 1Q 2020). Profit margin: 0.7% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 17New 90-day high: ر.س21.62The company is up 18% from its price of ر.س18.30 on 19 November 2020. The Saudi market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 15% over the same period.
Is New 90 Day High Low • Feb 01New 90-day high: ر.س20.78The company is up 44% from its price of ر.س14.46 on 03 November 2020. The Saudi market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period.
분석 기사 • Jan 30Investors Who Bought Arabian Pipes (TADAWUL:2200) Shares Five Years Ago Are Now Up 127%When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...
Is New 90 Day High Low • Jan 13New 90-day high: ر.س20.26The company is up 9.0% from its price of ر.س18.64 on 15 October 2020. The Saudi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period.
Reported Earnings • Nov 21Third quarter 2020 earnings released: ر.س0.086 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: ر.س162.0m (down 23% from 3Q 2019). Net loss: ر.س3.45m (down 138% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 15New 90-day high: ر.س19.24The company is up 51% from its price of ر.س12.78 on 16 July 2020. The Saudi market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 18% over the same period.