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1302

BawanSASE:1302 Stock Report

Market Cap

ر.س2.1b

7D

-2.2%

1Y

57.8%

Updated

24 Nov, 2021

Data

Company Financials +
1302 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance6/6
Financial Health4/6
Dividends2/6

1302 Stock Overview

Bawan Company manufactures and sells metal and steel works in Saudi Arabia.

Price History & Performance

Summary of all time highs, changes and price drops for Bawan
Historical stock prices
Current Share Priceر.س35.00
52 Week Highر.س44.15
52 Week Lowر.س21.80
Beta0.78
1 Month Change-10.49%
3 Month Change-13.47%
1 Year Change57.80%
3 Year Change158.88%
5 Year Change77.13%
Change since IPO6.06%

Recent News & Updates

Nov 23
Return Trends At Bawan (TADAWUL:1302) Aren't Appealing

Return Trends At Bawan (TADAWUL:1302) Aren't Appealing

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...

May 16
The Returns At Bawan (TADAWUL:1302) Aren't Growing

The Returns At Bawan (TADAWUL:1302) Aren't Growing

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...

Shareholder Returns

1302SA BuildingSA Market
7D-2.2%0.02%-5.3%
1Y57.8%8.2%5.8%

Return vs Industry: 1302 exceeded the SA Building industry which returned 8.2% over the past year.

Return vs Market: 1302 exceeded the SA Market which returned 5.8% over the past year.

Price Volatility

Is 1302's price volatile compared to industry and market?
1302 volatility
1302 Average Weekly Movement3.5%
Building Industry Average Movement4.8%
Market Average Movement3.5%
10% most volatile stocks in SA Market5.3%
10% least volatile stocks in SA Market2.1%

Stable Share Price: 1302 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 1302's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980n/aAbdul Al-Modaimeghhttps://www.bawan.com.sa

Bawan Company manufactures and sells metal and steel works in Saudi Arabia. It operates through Metal and Wood, Plastic, Electrical, and Concrete segments. The Metal and Wood segment produces wooden pallets, plywood panels and boards, medium Wood and high density coated in decoration paper, platforms, wooden bowls and boxes, premade hangars and steel buildings, and forming and bending rebars; provides general contracting services, such as repair, demolition, rebuilding, and construction of residential, commercial and public buildings, educational recreational, and health facilities; offers maintenance, operation, and installation of equipment, devices, and electrical and electronic systems; provides aluminum works, iron and wood doors and their installation.

Bawan Fundamentals Summary

How do Bawan's earnings and revenue compare to its market cap?
1302 fundamental statistics
Market Capر.س2.10b
Earnings (TTM)ر.س159.46m
Revenue (TTM)ر.س3.08b

13.2x

P/E Ratio

0.7x

P/S Ratio

Is 1302 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
1302 income statement (TTM)
Revenueر.س3.08b
Cost of Revenueر.س2.66b
Gross Profitر.س417.65m
Expensesر.س258.19m
Earningsر.س159.46m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.66
Gross Margin13.55%
Net Profit Margin5.17%
Debt/Equity Ratio89.1%

How did 1302 perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

51%

Payout Ratio

Valuation

Is Bawan undervalued compared to its fair value and its price relative to the market?

13.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1302 (SAR35) is trading above our estimate of fair value (SAR27.2)

Significantly Below Fair Value: 1302 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1302 is good value based on its PE Ratio (13.2x) compared to the Asian Building industry average (14x).

PE vs Market: 1302 is good value based on its PE Ratio (13.2x) compared to the SA market (26.8x).


Price to Earnings Growth Ratio

PEG Ratio: 1302 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: 1302 is overvalued based on its PB Ratio (2.8x) compared to the XA Building industry average (1.4x).


Future Growth

How is Bawan forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

25.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1302's forecast earnings growth (25.1% per year) is above the savings rate (9.1%).

Earnings vs Market: 1302's earnings (25.1% per year) are forecast to grow faster than the SA market (3.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1302's revenue (5.5% per year) is forecast to grow faster than the SA market (2.3% per year).

High Growth Revenue: 1302's revenue (5.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 1302's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Bawan performed over the past 5 years?

1.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1302 has high quality earnings.

Growing Profit Margin: 1302's current net profit margins (5.2%) are higher than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: 1302's earnings have grown by 1.8% per year over the past 5 years.

Accelerating Growth: 1302's earnings growth over the past year (110.9%) exceeds its 5-year average (1.8% per year).

Earnings vs Industry: 1302 earnings growth over the past year (110.9%) exceeded the Building industry 32.6%.


Return on Equity

High ROE: 1302's Return on Equity (20.3%) is considered high.


Financial Health

How is Bawan's financial position?


Financial Position Analysis

Short Term Liabilities: 1302's short term assets (SAR1.5B) exceed its short term liabilities (SAR1.2B).

Long Term Liabilities: 1302's short term assets (SAR1.5B) exceed its long term liabilities (SAR197.7M).


Debt to Equity History and Analysis

Debt Level: 1302's net debt to equity ratio (82.4%) is considered high.

Reducing Debt: 1302's debt to equity ratio has increased from 79.8% to 89.1% over the past 5 years.

Debt Coverage: 1302's debt is well covered by operating cash flow (36.4%).

Interest Coverage: 1302's interest payments on its debt are well covered by EBIT (19.8x coverage).


Balance Sheet


Dividend

What is Bawan current dividend yield, its reliability and sustainability?

4.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1302's dividend (4.29%) is higher than the bottom 25% of dividend payers in the SA market (1.66%).

High Dividend: 1302's dividend (4.29%) is low compared to the top 25% of dividend payers in the SA market (4.38%).


Stability and Growth of Payments

Stable Dividend: 1302 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1302's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (50.8%), 1302's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

13.3yrs

Average management tenure


CEO

Abdul Al-Modaimegh (41 yo)

no data

Tenure

Mr. Abdul Rahman Ibrahim Al-Modaimegh has been the Chief Executive Officer at Bawan Co. since 2011 and served as its Vice President for Business Development. Mr. Al-Modaimegh served as Senior Credit Analys...


Leadership Team

Experienced Management: 1302's management team is seasoned and experienced (13.3 years average tenure).


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

Bawan Company's employee growth, exchange listings and data sources


Key Information

  • Name: Bawan Company
  • Ticker: 1302
  • Exchange: SASE
  • Founded: 1980
  • Industry: Building Products
  • Sector: Capital Goods
  • Market Cap: ر.س2.100b
  • Shares outstanding: 60.00m
  • Website: https://www.bawan.com.sa

Location

  • Bawan Company
  • Aloula Building
  • No 1073 King Fahad Road
  • Riyadh
  • 11371
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/24 16:02
End of Day Share Price2021/11/24 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.