View ValuationElm 향후 성장Future 기준 점검 3/6Elm (는) 각각 연간 12.4% 및 10.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 11.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 35.6% 로 예상됩니다.핵심 정보12.4%이익 성장률11.92%EPS 성장률IT 이익 성장15.2%매출 성장률10.8%향후 자기자본이익률35.63%애널리스트 커버리지Good마지막 업데이트22 May 2026최근 향후 성장 업데이트분석 기사 • May 16Earnings Beat: Elm Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsElm Company ( TADAWUL:7203 ) investors will be delighted, with the company turning in some strong numbers with its...Price Target Changed • Apr 27Price target decreased by 8.8% to ر.س781Down from ر.س857, the current price target is an average from 11 analysts. New target price is 35% above last closing price of ر.س577. Stock is down 44% over the past year. The company is forecast to post earnings per share of ر.س28.01 for next year compared to ر.س26.86 last year.Price Target Changed • Apr 21Price target decreased by 7.1% to ر.س798Down from ر.س859, the current price target is an average from 10 analysts. New target price is 36% above last closing price of ر.س587. Stock is down 41% over the past year. The company is forecast to post earnings per share of ر.س27.93 for next year compared to ر.س26.86 last year.Price Target Changed • Mar 31Price target decreased by 10% to ر.س860Down from ر.س958, the current price target is an average from 10 analysts. New target price is 60% above last closing price of ر.س537. Stock is down 45% over the past year. The company is forecast to post earnings per share of ر.س29.34 for next year compared to ر.س26.86 last year.Price Target Changed • Mar 03Price target decreased by 11% to ر.س958Down from ر.س1,078, the current price target is an average from 11 analysts. New target price is 81% above last closing price of ر.س530. Stock is down 47% over the past year. The company is forecast to post earnings per share of ر.س28.00 for next year compared to ر.س23.51 last year.Price Target Changed • Jan 29Price target increased by 7.3% to ر.س1,188Up from ر.س1,107, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ر.س1,163. Stock is up 29% over the past year. The company is forecast to post earnings per share of ر.س22.55 for next year compared to ر.س17.46 last year.모든 업데이트 보기Recent updates분석 기사 • May 16Earnings Beat: Elm Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsElm Company ( TADAWUL:7203 ) investors will be delighted, with the company turning in some strong numbers with its...Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: ر.س8.43 (up from ر.س6.38 in 1Q 2025). Revenue: ر.س2.47b (up 32% from 1Q 2025). Net income: ر.س655.5m (up 32% from 1Q 2025). Profit margin: 27% (in line with 1Q 2025). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 51%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ر.س702, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the IT industry in Asia. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س468 per share.Price Target Changed • Apr 27Price target decreased by 8.8% to ر.س781Down from ر.س857, the current price target is an average from 11 analysts. New target price is 35% above last closing price of ر.س577. Stock is down 44% over the past year. The company is forecast to post earnings per share of ر.س28.01 for next year compared to ر.س26.86 last year.Price Target Changed • Apr 21Price target decreased by 7.1% to ر.س798Down from ر.س859, the current price target is an average from 10 analysts. New target price is 36% above last closing price of ر.س587. Stock is down 41% over the past year. The company is forecast to post earnings per share of ر.س27.93 for next year compared to ر.س26.86 last year.New Risk • Apr 14New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س590, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the IT industry in Asia. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س436 per share.공시 • Apr 13Elm Company, Annual General Meeting, May 12, 2026Elm Company, Annual General Meeting, May 12, 2026, at 19:00 Arab Standard Time. Location: riyadh Saudi ArabiaBuy Or Sell Opportunity • Apr 06Now 20% overvaluedOver the last 90 days, the stock has fallen 29% to ر.س525. The fair value is estimated to be ر.س435, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Price Target Changed • Mar 31Price target decreased by 10% to ر.س860Down from ر.س958, the current price target is an average from 10 analysts. New target price is 60% above last closing price of ر.س537. Stock is down 45% over the past year. The company is forecast to post earnings per share of ر.س29.34 for next year compared to ر.س26.86 last year.Reported Earnings • Mar 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ر.س26.86 (up from ر.س23.51 in FY 2024). Revenue: ر.س9.46b (up 28% from FY 2024). Net income: ر.س2.09b (up 14% from FY 2024). Profit margin: 22% (down from 25% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Declared Dividend • Mar 04Dividend increased to ر.س4.50Dividend of ر.س4.50 is 13% higher than last year. Ex-date: 5th March 2026 Payment date: 16th March 2026 Dividend yield will be 1.6%, which is higher than the industry average of 1.0%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 35%.Price Target Changed • Mar 03Price target decreased by 11% to ر.س958Down from ر.س1,078, the current price target is an average from 11 analysts. New target price is 81% above last closing price of ر.س530. Stock is down 47% over the past year. The company is forecast to post earnings per share of ر.س28.00 for next year compared to ر.س23.51 last year.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ر.س583, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the IT industry in Asia. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س439 per share.분석 기사 • Feb 04Elm Company's (TADAWUL:7203) Price In Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 27x Elm Company ( TADAWUL:7203 ) may be sending very bearish signals at...공시 • Dec 16+ 3 more updatesElm Company to Report Nine Months, 2026 Results on Oct 29, 2026Elm Company announced that they will report nine months, 2026 results on Oct 29, 2026분석 기사 • Nov 26Under The Bonnet, Elm's (TADAWUL:7203) Returns Look ImpressiveWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: ر.س7.58 (vs ر.س6.41 in 3Q 2024)Third quarter 2025 results: EPS: ر.س7.58 (up from ر.س6.41 in 3Q 2024). Revenue: ر.س2.53b (up 35% from 3Q 2024). Net income: ر.س558.7m (up 12% from 3Q 2024). Profit margin: 22% (down from 27% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Oct 21Elm Company's (TADAWUL:7203) Share Price Matching Investor OpinionElm Company's ( TADAWUL:7203 ) price-to-earnings (or "P/E") ratio of 34.6x might make it look like a strong sell right...Reported Earnings • Aug 09Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: ر.س7.58 (up from ر.س6.26 in 2Q 2024). Revenue: ر.س2.24b (up 27% from 2Q 2024). Net income: ر.س589.6m (up 21% from 2Q 2024). Profit margin: 26% (down from 28% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Aug 02Dividend increased to ر.س4.50Dividend of ر.س4.50 is 29% higher than last year. Ex-date: 6th August 2025 Payment date: 19th August 2025 Dividend yield will be 0.9%, which is about the same as the industry average. Payout Ratios Payout ratio: 29%. Cash payout ratio: 83%.분석 기사 • Jul 09Elm Company (TADAWUL:7203) Not Lagging Market On Growth Or PricingElm Company's ( TADAWUL:7203 ) price-to-earnings (or "P/E") ratio of 38x might make it look like a strong sell right...Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Non- Executive Director Thamer bin Mohammed bin Al-Harbi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • May 22+ 1 more updateElm Company to Report Nine Months, 2025 Results on Oct 30, 2025Elm Company announced that they will report nine months, 2025 results on Oct 30, 2025Reported Earnings • May 16First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: ر.س6.38 (up from ر.س4.44 in 1Q 2024). Revenue: ر.س1.88b (up 14% from 1Q 2024). Net income: ر.س495.7m (up 44% from 1Q 2024). Profit margin: 26% (up from 21% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 11Elm Company, Annual General Meeting, May 11, 2025Elm Company, Annual General Meeting, May 11, 2025, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia공시 • Mar 22Elm Company to Report Q1, 2025 Results on May 11, 2025Elm Company announced that they will report Q1, 2025 results at 10:00 AM, Arabian Standard Time on May 11, 2025New Risk • Mar 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ر.س23.51 (up from ر.س17.46 in FY 2023). Revenue: ر.س7.41b (up 26% from FY 2023). Net income: ر.س1.83b (up 35% from FY 2023). Profit margin: 25% (up from 23% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Mar 01Dividend of ر.س4.00 announcedShareholders will receive a dividend of ر.س4.00. Ex-date: 9th March 2025 Payment date: 17th March 2025 Dividend yield will be 0.7%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 49%. Cash payout ratio: 52%.Price Target Changed • Jan 29Price target increased by 7.3% to ر.س1,188Up from ر.س1,107, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ر.س1,163. Stock is up 29% over the past year. The company is forecast to post earnings per share of ر.س22.55 for next year compared to ر.س17.46 last year.공시 • Jan 23Elm Company (SASE:7203) signed a share sale and purchase agreement to acquire Thiqah Business Service from Public Investment Fund for SAR 3.4 billion.Elm Company (SASE:7203) signed a share sale and purchase agreement to acquire Thiqah Business Service from Public Investment Fund for SAR 3.4 billion on January 21, 2025. Elm Company will fund the consideration fully in cash through Elm Company's own resources and facilities. Completion is expected once regulatory approvals and approval of offer by acquirer shareholders are obtained and certain conditions are satisfied under the agreement. HSBC Saudi Arabia Limited acted as financial advisor for Elm Company. AS&H Clifford Chance acted as legal advisor for Elm Company.Price Target Changed • Dec 18Price target increased by 7.5% to ر.س1,107Up from ر.س1,030, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ر.س1,136. Stock is up 42% over the past year. The company is forecast to post earnings per share of ر.س22.63 for next year compared to ر.س17.46 last year.Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: ر.س6.41 (vs ر.س4.25 in 3Q 2023)Third quarter 2024 results: EPS: ر.س6.41 (up from ر.س4.25 in 3Q 2023). Revenue: ر.س1.87b (up 17% from 3Q 2023). Net income: ر.س498.2m (up 51% from 3Q 2023). Profit margin: 27% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in Asia.공시 • Oct 21Elm Company to Report Fiscal Year 2024 Results on Mar 02, 2025Elm Company announced that they will report fiscal year 2024 results at 1:00 PM, Arabian Standard Time on Mar 02, 2025Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: ر.س6.26 (vs ر.س4.80 in 2Q 2023)Second quarter 2024 results: EPS: ر.س6.26 (up from ر.س4.80 in 2Q 2023). Revenue: ر.س1.77b (up 26% from 2Q 2023). Net income: ر.س486.2m (up 30% from 2Q 2023). Profit margin: 28% (in line with 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Asia.Declared Dividend • Aug 07First half dividend of ر.س3.50 announcedShareholders will receive a dividend of ر.س3.50. Ex-date: 8th August 2024 Payment date: 20th August 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 32%.Price Target Changed • Jul 08Price target increased by 7.5% to ر.س947Up from ر.س881, the current price target is an average from 8 analysts. New target price is 13% above last closing price of ر.س838. Stock is up 42% over the past year. The company is forecast to post earnings per share of ر.س20.42 for next year compared to ر.س17.46 last year.공시 • Jul 05Elm Company Announces CEO ChangesElm Company announced the Board of Directors resolution dated July 3, 2024, to accept the resignation of Dr. Abdulrahman Saad AlJadhai from the position of CEO of the company, effective from September 30, 2024. for personal reasons. The Board of Directors and all employees of the company extend their appreciation to Dr. Abdulrahman for leading the company over 12 years and for his fruitful efforts in growing the company business. His great services and distinguished leadership is appreciated and they wish him all success. The Board of Directors also announces its resolution to appoint Mr. Mohammad Abdulaziz Alomair as the CEO of the Company, effective October 1, 2024, due to his leadership experience and contribution to many achievements in digital transformation and building digital products. Mr. Mohammad has 23 years of experience in the market, most of which he spent at Elm Company, where he started working in the Marketing Department and then held several positions, the last of which was the CEO of Business Products group. He also holds a Master's degree in business administration from Strayer University and a bachelor's degree from the College of Computer Science at King Saud University. He participates in membership in a number of boards of directors, and his expertise focuses on product development, investment, and building business models and partnerships.Reported Earnings • May 20First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: ر.س4.44 (up from ر.س4.15 in 1Q 2023). Revenue: ر.س1.64b (up 27% from 1Q 2023). Net income: ر.س344.8m (up 6.9% from 1Q 2023). Profit margin: 21% (down from 25% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in Asia.공시 • Mar 12Elm Company Announces the Distribution of Interim Cash Dividends to Shareholders for the Second Half of 2023, Payable on March 25, 2024Elm Company announced the decision of the Board of Directors to distribute interim cash dividends to shareholders for the Second Half of 2023. The Total amount distributed is SAR 310,788,800. Number of Shares Eligible for Dividends is 77,697,200 shares. Dividend per share is SAR 4 per share. Percentage of Dividend to the Share Par Value (%) is 40%. The eligibility date will be on March 13, 2024 corresponding to 03-09-1445H. The eligibility of dividends distribution will be for the shareholders of the Company who own shares on the eligibility date and are registered in the Company's share registry at the Securities Depository Center Edaa at the end of the second trading day following the eligibility date. Dividends distribution date will be on March 25, 2024 corresponding to 15-09-1445H.Reported Earnings • Mar 12Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ر.س17.46 (up from ر.س11.94 in FY 2022). Revenue: ر.س5.90b (up 28% from FY 2022). Net income: ر.س1.36b (up 46% from FY 2022). Profit margin: 23% (up from 20% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Asia.공시 • Mar 09+ 3 more updatesElm Company to Report Fiscal Year 2023 Results on Mar 10, 2024Elm Company announced that they will report fiscal year 2023 results at 3:00 PM, Arabian Standard Time on Mar 10, 2024Price Target Changed • Feb 20Price target increased by 13% to ر.س834Up from ر.س738, the current price target is an average from 7 analysts. New target price is 22% below last closing price of ر.س1,063. Stock is up 182% over the past year. The company is forecast to post earnings per share of ر.س16.75 for next year compared to ر.س11.94 last year.Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ر.س945, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 21x in the IT industry in Asia. Total returns to shareholders of 186% over the past year.Reported Earnings • Nov 07Third quarter 2023 earnings released: EPS: ر.س4.30 (vs ر.س3.52 in 3Q 2022)Third quarter 2023 results: EPS: ر.س4.30 (up from ر.س3.52 in 3Q 2022). Revenue: ر.س1.52b (up 30% from 3Q 2022). Net income: ر.س334.2m (up 22% from 3Q 2022). Profit margin: 22% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Asia.New Risk • Oct 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 7.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.Price Target Changed • Aug 16Price target increased by 7.4% to ر.س614Up from ر.س572, the current price target is an average from 5 analysts. New target price is 13% below last closing price of ر.س709. Stock is up 129% over the past year. The company is forecast to post earnings per share of ر.س16.80 for next year compared to ر.س11.94 last year.Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ر.س4.80 (vs ر.س2.51 in 2Q 2022)Second quarter 2023 results: EPS: ر.س4.80 (up from ر.س2.51 in 2Q 2022). Revenue: ر.س1.40b (up 35% from 2Q 2022). Net income: ر.س372.8m (up 91% from 2Q 2022). Profit margin: 27% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Asia.Price Target Changed • Jul 27Price target increased by 10% to ر.س589Up from ر.س535, the current price target is an average from 4 analysts. New target price is 15% below last closing price of ر.س692. Stock is up 135% over the past year. The company is forecast to post earnings per share of ر.س15.20 for next year compared to ر.س11.94 last year.Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س670, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 155% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ر.س328 per share.Price Target Changed • Jun 08Price target increased by 8.1% to ر.س551Up from ر.س509, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ر.س558. Stock is up 99% over the past year. The company is forecast to post earnings per share of ر.س14.73 for next year compared to ر.س11.94 last year.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س529, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the IT industry in Asia. Total returns to shareholders of 91% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ر.س225 per share.Price Target Changed • May 24Price target increased by 18% to ر.س509Up from ر.س430, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ر.س450. Stock is up 85% over the past year. The company is forecast to post earnings per share of ر.س14.73 for next year compared to ر.س11.94 last year.Reported Earnings • May 19First quarter 2023 earnings released: EPS: ر.س4.15 (vs ر.س3.17 in 1Q 2022)First quarter 2023 results: EPS: ر.س4.15 (up from ر.س3.17 in 1Q 2022). Revenue: ر.س1.29b (up 18% from 1Q 2022). Net income: ر.س322.4m (up 29% from 1Q 2022). Profit margin: 25% (up from 23% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Asia.Major Estimate Revision • Mar 21Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ر.س5.22b to ر.س5.52b. EPS estimate increased from ر.س13.66 to ر.س15.80 per share. Net income forecast to grow 36% next year vs 18% growth forecast for IT industry in Saudi Arabia. Consensus price target up from ر.س430 to ر.س460. Share price rose 4.9% to ر.س429 over the past week.Price Target Changed • Mar 16Price target increased by 11% to ر.س457Up from ر.س410, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ر.س405. Stock is up 100% over the past year. The company is forecast to post earnings per share of ر.س13.66 for next year compared to ر.س11.94 last year.Reported Earnings • Mar 14Full year 2022 earnings released: EPS: ر.س11.94 (vs ر.س7.09 in FY 2021)Full year 2022 results: EPS: ر.س11.94 (up from ر.س7.09 in FY 2021). Revenue: ر.س4.61b (up 20% from FY 2021). Net income: ر.س930.2m (up 64% from FY 2021). Profit margin: 20% (up from 15% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 10% growth forecast for the IT industry in Asia.Reported Earnings • Nov 11Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ر.س3.52 (up from ر.س2.22 in 3Q 2021). Revenue: ر.س1.17b (up 21% from 3Q 2021). Net income: ر.س273.4m (up 54% from 3Q 2021). Profit margin: 23% (up from 18% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 10% growth forecast for the IT industry in Asia.Upcoming Dividend • Sep 25Upcoming dividend of ر.س2.00 per shareEligible shareholders must have bought the stock before 02 October 2022. Payment date: 13 October 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Saudi dividend payers (4.6%). Lower than average of industry peers (1.9%).공시 • Sep 22+ 1 more updateElm Company Announces Distribution of Cash Dividend for the First Half of 2022, Payable on October 13, 2022Elm Company announced the distribution of cash dividend to the shareholders for the first half of 2022. The total amount distributed is SAR 155,200,000. Dividend per share is SAR 2 per share. The eligibility of dividends shall be for the shareholders at the close of trading on September 29, 2022. Dividend distribution date will be on October 13, 2022.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to ر.س328, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 35x in the IT industry in Saudi Arabia.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ر.س2.51 (vs ر.س2.20 in 2Q 2021)Second quarter 2022 results: EPS: ر.س2.51 (up from ر.س2.20 in 2Q 2021). Revenue: ر.س1.04b (up 2.1% from 2Q 2021). Net income: ر.س194.9m (up 77% from 2Q 2021). Profit margin: 19% (up from 11% in 2Q 2021). The increase in margin was primarily driven by lower expenses.Reported Earnings • May 12First quarter 2022 earnings released: EPS: ر.س3.17 (vs ر.س2.11 in 1Q 2021)First quarter 2022 results: EPS: ر.س3.17 (up from ر.س2.11 in 1Q 2021). Revenue: ر.س1.09b (up 41% from 1Q 2021). Net income: ر.س249.6m (up 48% from 1Q 2021). Profit margin: 23% (up from 22% in 1Q 2021). The increase in margin was driven by higher revenue.공시 • Apr 06Elm Company, Annual General Meeting, May 09, 2022Elm Company, Annual General Meeting, May 09, 2022, at 20:00 Arab Standard Time. Agenda: To consider voting on the Board of Directors Report for the fiscal year ending on December 31, 2021; to consider voting on the financial statements for the fiscal year ending on December 31, 2021; to consider voting on External Auditors Report for the financial year ending on December 31, 2021; and to consider other matters of the business.Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ر.س7.09 (up from ر.س6.13 in FY 2020). Revenue: ر.س3.83b (up 55% from FY 2020). Net income: ر.س566.9m (up 85% from FY 2020). Profit margin: 15% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates.이익 및 매출 성장 예측SASE:7203 - 애널리스트 향후 추정치 및 과거 재무 데이터 (SAR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202814,2553,1172,7343,328912/31/202712,7122,7022,3152,9171012/31/202611,1892,3621,6872,28393/31/202610,0592,2512,1272,425N/A12/31/20259,4652,0902,3332,663N/A9/30/20258,7862,1421,8902,211N/A6/30/20258,1232,0817411,044N/A3/31/20257,6451,978703967N/A12/31/20247,4071,8271,4311,659N/A9/30/20246,9631,6561,1801,364N/A6/30/20246,6121,4922,1332,341N/A3/31/20246,2491,3791,9942,197N/A12/31/20235,8981,3561,3851,559N/A9/30/20235,5211,2421,6581,890N/A6/30/20235,1671,1811,5951,765N/A3/31/20234,8021,0031,6661,829N/A12/31/20224,6069301,5521,706N/A9/30/20224,3688281,3041,398N/A6/30/20224,167732735819N/A3/31/20224,146648679774N/A12/31/20213,828567504598N/A9/30/20213,677589384513N/A6/30/20213,326559495626N/A3/31/20212,730447527643N/A12/31/20202,466307588724N/A12/31/20192,102307N/A220N/A12/31/20181,926364N/A479N/A12/31/20171,982369N/A694N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 7203 의 연간 예상 수익 증가율(12.4%)이 saving rate(15.1%) 미만입니다.수익 vs 시장: 7203 의 연간 수익(12.4%)이 SA 시장(6.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 7203 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 7203 의 수익(연간 10.8%)이 SA 시장(연간 0.3%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 7203 의 수익(연간 10.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 7203의 자본 수익률은 3년 후 35.6%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YSoftware 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 02:33종가2026/05/21 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 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Elm Company는 19명의 분석가가 다루고 있습니다. 이 중 10명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Umer AbdullahAljazira Capital CompanyIbrahim ElaiwatAljazira Capital CompanyJassim Al-JubranAljazira Capital Company16명의 분석가 더 보기
분석 기사 • May 16Earnings Beat: Elm Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsElm Company ( TADAWUL:7203 ) investors will be delighted, with the company turning in some strong numbers with its...
Price Target Changed • Apr 27Price target decreased by 8.8% to ر.س781Down from ر.س857, the current price target is an average from 11 analysts. New target price is 35% above last closing price of ر.س577. Stock is down 44% over the past year. The company is forecast to post earnings per share of ر.س28.01 for next year compared to ر.س26.86 last year.
Price Target Changed • Apr 21Price target decreased by 7.1% to ر.س798Down from ر.س859, the current price target is an average from 10 analysts. New target price is 36% above last closing price of ر.س587. Stock is down 41% over the past year. The company is forecast to post earnings per share of ر.س27.93 for next year compared to ر.س26.86 last year.
Price Target Changed • Mar 31Price target decreased by 10% to ر.س860Down from ر.س958, the current price target is an average from 10 analysts. New target price is 60% above last closing price of ر.س537. Stock is down 45% over the past year. The company is forecast to post earnings per share of ر.س29.34 for next year compared to ر.س26.86 last year.
Price Target Changed • Mar 03Price target decreased by 11% to ر.س958Down from ر.س1,078, the current price target is an average from 11 analysts. New target price is 81% above last closing price of ر.س530. Stock is down 47% over the past year. The company is forecast to post earnings per share of ر.س28.00 for next year compared to ر.س23.51 last year.
Price Target Changed • Jan 29Price target increased by 7.3% to ر.س1,188Up from ر.س1,107, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ر.س1,163. Stock is up 29% over the past year. The company is forecast to post earnings per share of ر.س22.55 for next year compared to ر.س17.46 last year.
분석 기사 • May 16Earnings Beat: Elm Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their ModelsElm Company ( TADAWUL:7203 ) investors will be delighted, with the company turning in some strong numbers with its...
Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: ر.س8.43 (up from ر.س6.38 in 1Q 2025). Revenue: ر.س2.47b (up 32% from 1Q 2025). Net income: ر.س655.5m (up 32% from 1Q 2025). Profit margin: 27% (in line with 1Q 2025). Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) also surpassed analyst estimates by 51%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ر.س702, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 17x in the IT industry in Asia. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س468 per share.
Price Target Changed • Apr 27Price target decreased by 8.8% to ر.س781Down from ر.س857, the current price target is an average from 11 analysts. New target price is 35% above last closing price of ر.س577. Stock is down 44% over the past year. The company is forecast to post earnings per share of ر.س28.01 for next year compared to ر.س26.86 last year.
Price Target Changed • Apr 21Price target decreased by 7.1% to ر.س798Down from ر.س859, the current price target is an average from 10 analysts. New target price is 36% above last closing price of ر.س587. Stock is down 41% over the past year. The company is forecast to post earnings per share of ر.س27.93 for next year compared to ر.س26.86 last year.
New Risk • Apr 14New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س590, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 17x in the IT industry in Asia. Total returns to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س436 per share.
공시 • Apr 13Elm Company, Annual General Meeting, May 12, 2026Elm Company, Annual General Meeting, May 12, 2026, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia
Buy Or Sell Opportunity • Apr 06Now 20% overvaluedOver the last 90 days, the stock has fallen 29% to ر.س525. The fair value is estimated to be ر.س435, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 28%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Price Target Changed • Mar 31Price target decreased by 10% to ر.س860Down from ر.س958, the current price target is an average from 10 analysts. New target price is 60% above last closing price of ر.س537. Stock is down 45% over the past year. The company is forecast to post earnings per share of ر.س29.34 for next year compared to ر.س26.86 last year.
Reported Earnings • Mar 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: EPS: ر.س26.86 (up from ر.س23.51 in FY 2024). Revenue: ر.س9.46b (up 28% from FY 2024). Net income: ر.س2.09b (up 14% from FY 2024). Profit margin: 22% (down from 25% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 4.1%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Mar 04Dividend increased to ر.س4.50Dividend of ر.س4.50 is 13% higher than last year. Ex-date: 5th March 2026 Payment date: 16th March 2026 Dividend yield will be 1.6%, which is higher than the industry average of 1.0%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 35%.
Price Target Changed • Mar 03Price target decreased by 11% to ر.س958Down from ر.س1,078, the current price target is an average from 11 analysts. New target price is 81% above last closing price of ر.س530. Stock is down 47% over the past year. The company is forecast to post earnings per share of ر.س28.00 for next year compared to ر.س23.51 last year.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ر.س583, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the IT industry in Asia. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ر.س439 per share.
분석 기사 • Feb 04Elm Company's (TADAWUL:7203) Price In Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 27x Elm Company ( TADAWUL:7203 ) may be sending very bearish signals at...
공시 • Dec 16+ 3 more updatesElm Company to Report Nine Months, 2026 Results on Oct 29, 2026Elm Company announced that they will report nine months, 2026 results on Oct 29, 2026
분석 기사 • Nov 26Under The Bonnet, Elm's (TADAWUL:7203) Returns Look ImpressiveWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Reported Earnings • Nov 07Third quarter 2025 earnings released: EPS: ر.س7.58 (vs ر.س6.41 in 3Q 2024)Third quarter 2025 results: EPS: ر.س7.58 (up from ر.س6.41 in 3Q 2024). Revenue: ر.س2.53b (up 35% from 3Q 2024). Net income: ر.س558.7m (up 12% from 3Q 2024). Profit margin: 22% (down from 27% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Oct 21Elm Company's (TADAWUL:7203) Share Price Matching Investor OpinionElm Company's ( TADAWUL:7203 ) price-to-earnings (or "P/E") ratio of 34.6x might make it look like a strong sell right...
Reported Earnings • Aug 09Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: ر.س7.58 (up from ر.س6.26 in 2Q 2024). Revenue: ر.س2.24b (up 27% from 2Q 2024). Net income: ر.س589.6m (up 21% from 2Q 2024). Profit margin: 26% (down from 28% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.0%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Aug 02Dividend increased to ر.س4.50Dividend of ر.س4.50 is 29% higher than last year. Ex-date: 6th August 2025 Payment date: 19th August 2025 Dividend yield will be 0.9%, which is about the same as the industry average. Payout Ratios Payout ratio: 29%. Cash payout ratio: 83%.
분석 기사 • Jul 09Elm Company (TADAWUL:7203) Not Lagging Market On Growth Or PricingElm Company's ( TADAWUL:7203 ) price-to-earnings (or "P/E") ratio of 38x might make it look like a strong sell right...
Board Change • Jun 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. Non- Executive Director Thamer bin Mohammed bin Al-Harbi was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • May 22+ 1 more updateElm Company to Report Nine Months, 2025 Results on Oct 30, 2025Elm Company announced that they will report nine months, 2025 results on Oct 30, 2025
Reported Earnings • May 16First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: ر.س6.38 (up from ر.س4.44 in 1Q 2024). Revenue: ر.س1.88b (up 14% from 1Q 2024). Net income: ر.س495.7m (up 44% from 1Q 2024). Profit margin: 26% (up from 21% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 11Elm Company, Annual General Meeting, May 11, 2025Elm Company, Annual General Meeting, May 11, 2025, at 19:00 Arab Standard Time. Location: riyadh Saudi Arabia
공시 • Mar 22Elm Company to Report Q1, 2025 Results on May 11, 2025Elm Company announced that they will report Q1, 2025 results at 10:00 AM, Arabian Standard Time on May 11, 2025
New Risk • Mar 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: ر.س23.51 (up from ر.س17.46 in FY 2023). Revenue: ر.س7.41b (up 26% from FY 2023). Net income: ر.س1.83b (up 35% from FY 2023). Profit margin: 25% (up from 23% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 4.3%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in Asia. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Mar 01Dividend of ر.س4.00 announcedShareholders will receive a dividend of ر.س4.00. Ex-date: 9th March 2025 Payment date: 17th March 2025 Dividend yield will be 0.7%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 49%. Cash payout ratio: 52%.
Price Target Changed • Jan 29Price target increased by 7.3% to ر.س1,188Up from ر.س1,107, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ر.س1,163. Stock is up 29% over the past year. The company is forecast to post earnings per share of ر.س22.55 for next year compared to ر.س17.46 last year.
공시 • Jan 23Elm Company (SASE:7203) signed a share sale and purchase agreement to acquire Thiqah Business Service from Public Investment Fund for SAR 3.4 billion.Elm Company (SASE:7203) signed a share sale and purchase agreement to acquire Thiqah Business Service from Public Investment Fund for SAR 3.4 billion on January 21, 2025. Elm Company will fund the consideration fully in cash through Elm Company's own resources and facilities. Completion is expected once regulatory approvals and approval of offer by acquirer shareholders are obtained and certain conditions are satisfied under the agreement. HSBC Saudi Arabia Limited acted as financial advisor for Elm Company. AS&H Clifford Chance acted as legal advisor for Elm Company.
Price Target Changed • Dec 18Price target increased by 7.5% to ر.س1,107Up from ر.س1,030, the current price target is an average from 9 analysts. New target price is approximately in line with last closing price of ر.س1,136. Stock is up 42% over the past year. The company is forecast to post earnings per share of ر.س22.63 for next year compared to ر.س17.46 last year.
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: ر.س6.41 (vs ر.س4.25 in 3Q 2023)Third quarter 2024 results: EPS: ر.س6.41 (up from ر.س4.25 in 3Q 2023). Revenue: ر.س1.87b (up 17% from 3Q 2023). Net income: ر.س498.2m (up 51% from 3Q 2023). Profit margin: 27% (up from 21% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the IT industry in Asia.
공시 • Oct 21Elm Company to Report Fiscal Year 2024 Results on Mar 02, 2025Elm Company announced that they will report fiscal year 2024 results at 1:00 PM, Arabian Standard Time on Mar 02, 2025
Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: ر.س6.26 (vs ر.س4.80 in 2Q 2023)Second quarter 2024 results: EPS: ر.س6.26 (up from ر.س4.80 in 2Q 2023). Revenue: ر.س1.77b (up 26% from 2Q 2023). Net income: ر.س486.2m (up 30% from 2Q 2023). Profit margin: 28% (in line with 2Q 2023). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the IT industry in Asia.
Declared Dividend • Aug 07First half dividend of ر.س3.50 announcedShareholders will receive a dividend of ر.س3.50. Ex-date: 8th August 2024 Payment date: 20th August 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.0%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 32%.
Price Target Changed • Jul 08Price target increased by 7.5% to ر.س947Up from ر.س881, the current price target is an average from 8 analysts. New target price is 13% above last closing price of ر.س838. Stock is up 42% over the past year. The company is forecast to post earnings per share of ر.س20.42 for next year compared to ر.س17.46 last year.
공시 • Jul 05Elm Company Announces CEO ChangesElm Company announced the Board of Directors resolution dated July 3, 2024, to accept the resignation of Dr. Abdulrahman Saad AlJadhai from the position of CEO of the company, effective from September 30, 2024. for personal reasons. The Board of Directors and all employees of the company extend their appreciation to Dr. Abdulrahman for leading the company over 12 years and for his fruitful efforts in growing the company business. His great services and distinguished leadership is appreciated and they wish him all success. The Board of Directors also announces its resolution to appoint Mr. Mohammad Abdulaziz Alomair as the CEO of the Company, effective October 1, 2024, due to his leadership experience and contribution to many achievements in digital transformation and building digital products. Mr. Mohammad has 23 years of experience in the market, most of which he spent at Elm Company, where he started working in the Marketing Department and then held several positions, the last of which was the CEO of Business Products group. He also holds a Master's degree in business administration from Strayer University and a bachelor's degree from the College of Computer Science at King Saud University. He participates in membership in a number of boards of directors, and his expertise focuses on product development, investment, and building business models and partnerships.
Reported Earnings • May 20First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: ر.س4.44 (up from ر.س4.15 in 1Q 2023). Revenue: ر.س1.64b (up 27% from 1Q 2023). Net income: ر.س344.8m (up 6.9% from 1Q 2023). Profit margin: 21% (down from 25% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.9%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the IT industry in Asia.
공시 • Mar 12Elm Company Announces the Distribution of Interim Cash Dividends to Shareholders for the Second Half of 2023, Payable on March 25, 2024Elm Company announced the decision of the Board of Directors to distribute interim cash dividends to shareholders for the Second Half of 2023. The Total amount distributed is SAR 310,788,800. Number of Shares Eligible for Dividends is 77,697,200 shares. Dividend per share is SAR 4 per share. Percentage of Dividend to the Share Par Value (%) is 40%. The eligibility date will be on March 13, 2024 corresponding to 03-09-1445H. The eligibility of dividends distribution will be for the shareholders of the Company who own shares on the eligibility date and are registered in the Company's share registry at the Securities Depository Center Edaa at the end of the second trading day following the eligibility date. Dividends distribution date will be on March 25, 2024 corresponding to 15-09-1445H.
Reported Earnings • Mar 12Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: ر.س17.46 (up from ر.س11.94 in FY 2022). Revenue: ر.س5.90b (up 28% from FY 2022). Net income: ر.س1.36b (up 46% from FY 2022). Profit margin: 23% (up from 20% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.5%. Earnings per share (EPS) also surpassed analyst estimates by 1.2%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Asia.
공시 • Mar 09+ 3 more updatesElm Company to Report Fiscal Year 2023 Results on Mar 10, 2024Elm Company announced that they will report fiscal year 2023 results at 3:00 PM, Arabian Standard Time on Mar 10, 2024
Price Target Changed • Feb 20Price target increased by 13% to ر.س834Up from ر.س738, the current price target is an average from 7 analysts. New target price is 22% below last closing price of ر.س1,063. Stock is up 182% over the past year. The company is forecast to post earnings per share of ر.س16.75 for next year compared to ر.س11.94 last year.
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ر.س945, the stock trades at a forward P/E ratio of 48x. Average forward P/E is 21x in the IT industry in Asia. Total returns to shareholders of 186% over the past year.
Reported Earnings • Nov 07Third quarter 2023 earnings released: EPS: ر.س4.30 (vs ر.س3.52 in 3Q 2022)Third quarter 2023 results: EPS: ر.س4.30 (up from ر.س3.52 in 3Q 2022). Revenue: ر.س1.52b (up 30% from 3Q 2022). Net income: ر.س334.2m (up 22% from 3Q 2022). Profit margin: 22% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the IT industry in Asia.
New Risk • Oct 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 7.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. This is currently the only risk that has been identified for the company.
Price Target Changed • Aug 16Price target increased by 7.4% to ر.س614Up from ر.س572, the current price target is an average from 5 analysts. New target price is 13% below last closing price of ر.س709. Stock is up 129% over the past year. The company is forecast to post earnings per share of ر.س16.80 for next year compared to ر.س11.94 last year.
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: ر.س4.80 (vs ر.س2.51 in 2Q 2022)Second quarter 2023 results: EPS: ر.س4.80 (up from ر.س2.51 in 2Q 2022). Revenue: ر.س1.40b (up 35% from 2Q 2022). Net income: ر.س372.8m (up 91% from 2Q 2022). Profit margin: 27% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the IT industry in Asia.
Price Target Changed • Jul 27Price target increased by 10% to ر.س589Up from ر.س535, the current price target is an average from 4 analysts. New target price is 15% below last closing price of ر.س692. Stock is up 135% over the past year. The company is forecast to post earnings per share of ر.س15.20 for next year compared to ر.س11.94 last year.
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س670, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 20x in the IT industry in Asia. Total returns to shareholders of 155% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ر.س328 per share.
Price Target Changed • Jun 08Price target increased by 8.1% to ر.س551Up from ر.س509, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ر.س558. Stock is up 99% over the past year. The company is forecast to post earnings per share of ر.س14.73 for next year compared to ر.س11.94 last year.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ر.س529, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the IT industry in Asia. Total returns to shareholders of 91% over the past year. Simply Wall St's valuation model estimates the intrinsic value at ر.س225 per share.
Price Target Changed • May 24Price target increased by 18% to ر.س509Up from ر.س430, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ر.س450. Stock is up 85% over the past year. The company is forecast to post earnings per share of ر.س14.73 for next year compared to ر.س11.94 last year.
Reported Earnings • May 19First quarter 2023 earnings released: EPS: ر.س4.15 (vs ر.س3.17 in 1Q 2022)First quarter 2023 results: EPS: ر.س4.15 (up from ر.س3.17 in 1Q 2022). Revenue: ر.س1.29b (up 18% from 1Q 2022). Net income: ر.س322.4m (up 29% from 1Q 2022). Profit margin: 25% (up from 23% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the IT industry in Asia.
Major Estimate Revision • Mar 21Consensus EPS estimates increase by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ر.س5.22b to ر.س5.52b. EPS estimate increased from ر.س13.66 to ر.س15.80 per share. Net income forecast to grow 36% next year vs 18% growth forecast for IT industry in Saudi Arabia. Consensus price target up from ر.س430 to ر.س460. Share price rose 4.9% to ر.س429 over the past week.
Price Target Changed • Mar 16Price target increased by 11% to ر.س457Up from ر.س410, the current price target is an average from 3 analysts. New target price is 13% above last closing price of ر.س405. Stock is up 100% over the past year. The company is forecast to post earnings per share of ر.س13.66 for next year compared to ر.س11.94 last year.
Reported Earnings • Mar 14Full year 2022 earnings released: EPS: ر.س11.94 (vs ر.س7.09 in FY 2021)Full year 2022 results: EPS: ر.س11.94 (up from ر.س7.09 in FY 2021). Revenue: ر.س4.61b (up 20% from FY 2021). Net income: ر.س930.2m (up 64% from FY 2021). Profit margin: 20% (up from 15% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 10% growth forecast for the IT industry in Asia.
Reported Earnings • Nov 11Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ر.س3.52 (up from ر.س2.22 in 3Q 2021). Revenue: ر.س1.17b (up 21% from 3Q 2021). Net income: ر.س273.4m (up 54% from 3Q 2021). Profit margin: 23% (up from 18% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 10% growth forecast for the IT industry in Asia.
Upcoming Dividend • Sep 25Upcoming dividend of ر.س2.00 per shareEligible shareholders must have bought the stock before 02 October 2022. Payment date: 13 October 2022. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Saudi dividend payers (4.6%). Lower than average of industry peers (1.9%).
공시 • Sep 22+ 1 more updateElm Company Announces Distribution of Cash Dividend for the First Half of 2022, Payable on October 13, 2022Elm Company announced the distribution of cash dividend to the shareholders for the first half of 2022. The total amount distributed is SAR 155,200,000. Dividend per share is SAR 2 per share. The eligibility of dividends shall be for the shareholders at the close of trading on September 29, 2022. Dividend distribution date will be on October 13, 2022.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improved over the past weekAfter last week's 15% share price gain to ر.س328, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 35x in the IT industry in Saudi Arabia.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: ر.س2.51 (vs ر.س2.20 in 2Q 2021)Second quarter 2022 results: EPS: ر.س2.51 (up from ر.س2.20 in 2Q 2021). Revenue: ر.س1.04b (up 2.1% from 2Q 2021). Net income: ر.س194.9m (up 77% from 2Q 2021). Profit margin: 19% (up from 11% in 2Q 2021). The increase in margin was primarily driven by lower expenses.
Reported Earnings • May 12First quarter 2022 earnings released: EPS: ر.س3.17 (vs ر.س2.11 in 1Q 2021)First quarter 2022 results: EPS: ر.س3.17 (up from ر.س2.11 in 1Q 2021). Revenue: ر.س1.09b (up 41% from 1Q 2021). Net income: ر.س249.6m (up 48% from 1Q 2021). Profit margin: 23% (up from 22% in 1Q 2021). The increase in margin was driven by higher revenue.
공시 • Apr 06Elm Company, Annual General Meeting, May 09, 2022Elm Company, Annual General Meeting, May 09, 2022, at 20:00 Arab Standard Time. Agenda: To consider voting on the Board of Directors Report for the fiscal year ending on December 31, 2021; to consider voting on the financial statements for the fiscal year ending on December 31, 2021; to consider voting on External Auditors Report for the financial year ending on December 31, 2021; and to consider other matters of the business.
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ر.س7.09 (up from ر.س6.13 in FY 2020). Revenue: ر.س3.83b (up 55% from FY 2020). Net income: ر.س566.9m (up 85% from FY 2020). Profit margin: 15% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates.