Saudi Ceramic Company manufactures and sells ceramic products, water heaters, and other products in Saudi Arabia and internationally. More Details
Excellent balance sheet with reasonable growth potential.
Share Price & News
How has Saudi Ceramic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2040 is more volatile than 75% of SA stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 2040's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of SA stocks.
7 Day Return
1 Year Return
Return vs Industry: 2040 exceeded the SA Building industry which returned 48.6% over the past year.
Return vs Market: 2040 exceeded the SA Market which returned 15.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Saudi Ceramic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StSaudi Ceramic Company (TADAWUL:2040) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
1 month ago | Simply Wall StWhy Investors Shouldn't Be Surprised By Saudi Ceramic Company's (TADAWUL:2040) 28% Share Price Surge
1 month ago | Simply Wall StShareholders Are Thrilled That The Saudi Ceramic (TADAWUL:2040) Share Price Increased 214%
Is Saudi Ceramic undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2040 (SAR60) is trading above our estimate of fair value (SAR49.1)
Significantly Below Fair Value: 2040 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2040 is poor value based on its PE Ratio (34.5x) compared to the Asian Building industry average (17.4x).
PE vs Market: 2040 is poor value based on its PE Ratio (34.5x) compared to the SA market (32.1x).
Price to Earnings Growth Ratio
PEG Ratio: 2040 is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: 2040 is overvalued based on its PB Ratio (3.1x) compared to the XA Building industry average (1.2x).
How is Saudi Ceramic forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2040's forecast earnings growth (25.5% per year) is above the savings rate (8.8%).
Earnings vs Market: 2040's earnings (25.5% per year) are forecast to grow faster than the SA market (8.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2040's revenue (5.9% per year) is forecast to grow faster than the SA market (3.9% per year).
High Growth Revenue: 2040's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2040's Return on Equity is forecast to be low in 3 years time (14.3%).
How has Saudi Ceramic performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2040 has high quality earnings.
Growing Profit Margin: 2040's current net profit margins (8.8%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: 2040's earnings have declined by 8.3% per year over the past 5 years.
Accelerating Growth: 2040's earnings growth over the past year (221.7%) exceeds its 5-year average (-8.3% per year).
Earnings vs Industry: 2040 earnings growth over the past year (221.7%) exceeded the Building industry 16.2%.
Return on Equity
High ROE: 2040's Return on Equity (8.2%) is considered low.
How is Saudi Ceramic's financial position?
Financial Position Analysis
Short Term Liabilities: 2040's short term assets (SAR1.1B) exceed its short term liabilities (SAR637.8M).
Long Term Liabilities: 2040's short term assets (SAR1.1B) exceed its long term liabilities (SAR588.6M).
Debt to Equity History and Analysis
Debt Level: 2040's debt to equity ratio (44.8%) is considered high.
Reducing Debt: 2040's debt to equity ratio has reduced from 45.9% to 44.8% over the past 5 years.
Debt Coverage: 2040's debt is well covered by operating cash flow (71.6%).
Interest Coverage: 2040's interest payments on its debt are well covered by EBIT (5.6x coverage).
What is Saudi Ceramic current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2040's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2040's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2040's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2040's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 2040 is not paying a notable dividend for the SA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2040's dividend in 3 years as they are not forecast to pay a notable one for the SA market.
How experienced are the management team and are they aligned to shareholders interests?
Majid bin Abdullah Al Essa
Mr. Majid bin Abdullah Al Essa serves as Chief Executive Officer and Director of Saudi Ceramic Company. He served as a Non-Executive Director at Saudi Ceramic Company. He is Chief Executive Officer of Bati...
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.
Saudi Ceramic Company's company bio, employee growth, exchange listings and data sources
- Name: Saudi Ceramic Company
- Ticker: 2040
- Exchange: SASE
- Founded: 1977
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: ر.س4.785b
- Shares outstanding: 79.75m
- Website: https://www.saudiceramics.com
Number of Employees
- Saudi Ceramic Company
- PO Box 3893
- Saudi Arabia
Saudi Ceramic Company manufactures and sells ceramic products, water heaters, and other products in Saudi Arabia and internationally. The company offers floor tiles; sanitary ware, such as wash basins, wat...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 15:44|
|End of Day Share Price||2021/06/17 00:00|
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.