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SAWA

Sawaeed Holding P.J.S.C ADX:SAWAEED Stock Report

Last Price

د.إ6.70

Market Cap

د.إ342.4m

7D

0%

1Y

-5.0%

Updated

16 Aug, 2022

Data

Company Financials
SAWAEED fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

SAWAEED Stock Overview

Sawaeed Holding P.J.S.C., together with its subsidiaries, provides manpower recruitment and outsourcing services in the United Arab Emirates.

Sawaeed Holding P.J.S.C Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sawaeed Holding P.J.S.C
Historical stock prices
Current Share Priceد.إ6.70
52 Week Highد.إ7.05
52 Week Lowد.إ6.70
Beta0
1 Month Change-4.97%
3 Month Change-4.97%
1 Year Change-4.97%
3 Year Changen/a
5 Year Changen/a
Change since IPO11.67%

Recent News & Updates

Mar 01
We Think Sawaeed Holding P.J.S.C's (ADX:SAWAEED) Solid Earnings Are Understated

We Think Sawaeed Holding P.J.S.C's (ADX:SAWAEED) Solid Earnings Are Understated

Sawaeed Holding P.J.S.C.'s ( ADX:SAWAEED ) healthy profit numbers didn't contain any surprises for investors. However...

Shareholder Returns

SAWAEEDAE Professional ServicesAE Market
7D0%2.1%0.5%
1Y-5.0%-14.1%28.3%

Return vs Industry: SAWAEED exceeded the AE Professional Services industry which returned -14% over the past year.

Return vs Market: SAWAEED underperformed the AE Market which returned 29.1% over the past year.

Price Volatility

Is SAWAEED's price volatile compared to industry and market?
SAWAEED volatility
SAWAEED Average Weekly Movement1.2%
Professional Services Industry Average Movement5.7%
Market Average Movement4.4%
10% most volatile stocks in AE Market8.4%
10% least volatile stocks in AE Market2.7%

Stable Share Price: SAWAEED is less volatile than 75% of AE stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: SAWAEED's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aHamad Ballaithhttps://sawaeedholding.com

Sawaeed Holding P.J.S.C., together with its subsidiaries, provides manpower recruitment and outsourcing services in the United Arab Emirates. The company offers employee provision, temporary employment, labor and employment supply, and camps and labor accommodation management services in the construction, oil and gas, and hospitality sectors; and integrated services, including administrative support, payroll outsourcing, transportation, and accommodation. It also provides vocational and additional training, and human resources development services in the areas of carpentry, steel installation, electrical and electronic work, plumbing, paints, and construction; living accommodation services to lower-income households; and facilities management services, interior cleaning services for buildings and dwellings, cleaning the outside buildings, central air-conditioners maintenance, insects, rodents and harmful animals control and exterminating, landscape and gardening services, and electrical equipment installation and operation services.

Sawaeed Holding P.J.S.C Fundamentals Summary

How do Sawaeed Holding P.J.S.C's earnings and revenue compare to its market cap?
SAWAEED fundamental statistics
Market Capد.إ342.37m
Earnings (TTM)د.إ10.09m
Revenue (TTM)د.إ169.94m

33.9x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SAWAEED income statement (TTM)
Revenueد.إ169.94m
Cost of Revenueد.إ132.55m
Gross Profitد.إ37.39m
Other Expensesد.إ27.30m
Earningsد.إ10.09m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin22.00%
Net Profit Margin5.94%
Debt/Equity Ratio0.4%

How did SAWAEED perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

152%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SAWAEED undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SAWAEED?

Other financial metrics that can be useful for relative valuation.

SAWAEED key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.5x
Enterprise Value/EBITDA20.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does SAWAEED's PE Ratio compare to its peers?

SAWAEED PE Ratio vs Peers
The above table shows the PE ratio for SAWAEED vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.9x
STAF Staffline Group
50.3x79.7%UK£75.4m
HSON Hudson Global
9.8x3.8%US$94.6m
4489 Payroll
13.9xn/aJP¥14.2b
ASH Ashley Services Group
10.2xn/aAU$115.2m
SAWAEED Sawaeed Holding P.J.S.C
33.9xn/aد.إ342.4m

Price-To-Earnings vs Peers: SAWAEED is expensive based on its Price-To-Earnings Ratio (33.9x) compared to the peer average (20.9x).


Price to Earnings Ratio vs Industry

How does SAWAEED's PE Ratio compare vs other companies in the Asian Professional Services Industry?

Price-To-Earnings vs Industry: SAWAEED is expensive based on its Price-To-Earnings Ratio (33.9x) compared to the Asian Professional Services industry average (23.1x)


Price to Earnings Ratio vs Fair Ratio

What is SAWAEED's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SAWAEED PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SAWAEED's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SAWAEED when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SAWAEED (AED6.7) is trading below our estimate of fair value (AED117.13)

Significantly Below Fair Value: SAWAEED is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Sawaeed Holding P.J.S.C forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.5%

Forecasted Commercial Services industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sawaeed Holding P.J.S.C has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Discover growth companies

Past Performance

How has Sawaeed Holding P.J.S.C performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-13.3%

Last years revenue growth

Earnings and Revenue History

Quality Earnings: SAWAEED has high quality earnings.

Growing Profit Margin: SAWAEED became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SAWAEED's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: SAWAEED has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SAWAEED has become profitable in the last year, making it difficult to compare its past year earnings growth to the Professional Services industry (15.4%).


Return on Equity

High ROE: SAWAEED's Return on Equity (3%) is considered low.


Discover strong past performing companies

Financial Health

How is Sawaeed Holding P.J.S.C's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SAWAEED's short term assets (AED263.4M) exceed its short term liabilities (AED36.4M).

Long Term Liabilities: SAWAEED's short term assets (AED263.4M) exceed its long term liabilities (AED23.3M).


Debt to Equity History and Analysis

Debt Level: SAWAEED has more cash than its total debt.

Reducing Debt: Insufficient data to determine if SAWAEED's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SAWAEED's debt is well covered by operating cash flow (2418.1%).

Interest Coverage: SAWAEED earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Sawaeed Holding P.J.S.C current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.48%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SAWAEED's dividend (4.48%) is higher than the bottom 25% of dividend payers in the AE market (3.02%).

High Dividend: SAWAEED's dividend (4.48%) is low compared to the top 25% of dividend payers in the AE market (5.52%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether SAWAEED's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if SAWAEED's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (152%), SAWAEED's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (52%), SAWAEED's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Hamad Ballaith

no data

Tenure

Mr. Hamad Saleh Ballaith serves as Chief Executive Officer at Sawaeed Holding P.J.S.C.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sawaeed Holding P.J.S.C.'s employee growth, exchange listings and data sources


Key Information

  • Name: Sawaeed Holding P.J.S.C.
  • Ticker: SAWAEED
  • Exchange: ADX
  • Founded: 2006
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Implied Market Cap: د.إ342.370m
  • Shares outstanding: 51.10m
  • Website: https://sawaeedholding.com

Location

  • Sawaeed Holding P.J.S.C.
  • Mazyad Mall
  • Building 1, 7th Floor
  • Abu Dhabi
  • United Arab Emirates

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.