Upcoming Dividend • Jun 02
Upcoming dividend of ر.س1.80 per share Eligible shareholders must have bought the stock before 09 June 2026. Payment date: 16 June 2026. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Saudi dividend payers (6.0%). Higher than average of industry peers (2.6%). Buy Or Sell Opportunity • May 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 7.4% to ر.س34.94. The fair value is estimated to be ر.س28.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has grown by 2.7%. Reported Earnings • May 14
First quarter 2026 earnings released: EPS: ر.س0.59 (vs ر.س0.54 in 1Q 2025) First quarter 2026 results: EPS: ر.س0.59 (up from ر.س0.54 in 1Q 2025). Revenue: ر.س212.8m (up 13% from 1Q 2025). Net income: ر.س23.6m (up 9.4% from 1Q 2025). Profit margin: 11% (in line with 1Q 2025). 공시 • Apr 28
Al Taiseer Group TALCO Industrial Company, Annual General Meeting, Jun 08, 2026 Al Taiseer Group TALCO Industrial Company, Annual General Meeting, Jun 08, 2026, at 19:30 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • Mar 17
Full year 2025 earnings released: EPS: ر.س2.11 (vs ر.س2.07 in FY 2024) Full year 2025 results: EPS: ر.س2.11 (up from ر.س2.07 in FY 2024). Revenue: ر.س780.0m (up 10% from FY 2024). Net income: ر.س84.5m (up 2.2% from FY 2024). Profit margin: 11% (in line with FY 2024). Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: ر.س0.54 (vs ر.س0.42 in 3Q 2024) Third quarter 2025 results: EPS: ر.س0.54 (up from ر.س0.42 in 3Q 2024). Revenue: ر.س202.7m (up 21% from 3Q 2024). Net income: ر.س21.6m (up 29% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Waleed Hamad Al-Bathe was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Buy Or Sell Opportunity • Oct 13
Now 21% overvalued Over the last 90 days, the stock has fallen 3.0% to ر.س42.00. The fair value is estimated to be ر.س34.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last year. Earnings per share has declined by 3.0%. Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: ر.س0.54 (vs ر.س0.52 in 2Q 2024) Second quarter 2025 results: EPS: ر.س0.54 (up from ر.س0.52 in 2Q 2024). Revenue: ر.س191.9m (up 16% from 2Q 2024). Net income: ر.س21.4m (up 2.7% from 2Q 2024). Profit margin: 11% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. 공시 • May 21
Al Taiseer Group TALCO Industrial Company, Annual General Meeting, Jun 25, 2025 Al Taiseer Group TALCO Industrial Company, Annual General Meeting, Jun 25, 2025, at 19:45 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • May 16
First quarter 2025 earnings released: EPS: ر.س0.54 (vs ر.س0.55 in 1Q 2024) First quarter 2025 results: EPS: ر.س0.54 (down from ر.س0.55 in 1Q 2024). Revenue: ر.س187.7m (up 15% from 1Q 2024). Net income: ر.س21.6m (down 1.7% from 1Q 2024). Profit margin: 12% (down from 13% in 1Q 2024). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 29
Full year 2024 earnings released: EPS: ر.س2.07 (vs ر.س2.00 in FY 2023) Full year 2024 results: EPS: ر.س2.07 (up from ر.س2.00 in FY 2023). Revenue: ر.س706.5m (up 5.2% from FY 2023). Net income: ر.س82.6m (up 3.1% from FY 2023). Profit margin: 12% (in line with FY 2023). New Risk • Oct 29
New minor risk - Dividend sustainability The company has a short dividend paying track record. Less than a year of continuous dividend payments. Dividend yield: 2.6% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (less than a year of continuous dividend payments). Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: ر.س0.52 (vs ر.س0.38 in 2Q 2023) Second quarter 2024 results: EPS: ر.س0.52 (up from ر.س0.38 in 2Q 2023). Revenue: ر.س164.8m (up 5.3% from 2Q 2023). Net income: ر.س20.9m (up 37% from 2Q 2023). Profit margin: 13% (up from 9.8% in 2Q 2023). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ر.س53.20, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 36x in the Metals and Mining industry in Saudi Arabia. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ر.س61.20, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 37x in the Metals and Mining industry in Saudi Arabia. Buy Or Sell Opportunity • Jun 30
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at ر.س57.60. The fair value is estimated to be ر.س47.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 5.5%. Board Change • Jun 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Waleed Hamad Al-Bathe was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.