Saudi Ceramic Company manufactures and sells ceramic products, water heaters, and other products in Saudi Arabia and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||ر.س64.20|
|52 Week High||ر.س27.75|
|52 Week Low||ر.س67.80|
|1 Month Change||-1.53%|
|3 Month Change||10.31%|
|1 Year Change||103.57%|
|3 Year Change||396.52%|
|5 Year Change||275.03%|
|Change since IPO||172.47%|
Recent News & Updates
I Ran A Stock Scan For Earnings Growth And Saudi Ceramic (TADAWUL:2040) Passed With Ease
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Saudi Ceramic (TADAWUL:2040) Has Some Difficulty Using Its Capital Effectively
When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Estimating The Intrinsic Value Of Saudi Ceramic Company (TADAWUL:2040)
In this article we are going to estimate the intrinsic value of Saudi Ceramic Company ( TADAWUL:2040 ) by taking the...
|2040||SA Building||SA Market|
Return vs Industry: 2040 exceeded the SA Building industry which returned 32% over the past year.
Return vs Market: 2040 exceeded the SA Market which returned 5.2% over the past year.
Stable Share Price: 2040 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 2040's weekly volatility (4%) has been stable over the past year.
About the Company
|1977||n/a||Majid bin Abdullah Al Essa||https://www.saudiceramics.com|
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, water closets, seat covers, flushing mechanisms, and wash basin mixers; bathroom accessories, including soap holders, towel rods, tissue roll dispensers, shower heads, shattafs, robe hooks, and mirrors; and other products comprising bathtubs, shower trays, bath mixers, and electrical products. It also provides electric, smart, and solar water heaters, as well as spare parts; ceramic road markers; and plastics and acrylics; boilers, special paints for ceramic products, red pottery bricks and derivatives, plastic and ceramic pipes; and drinking water coolers, bathtubs, plastic and ceramic showers, plastic road signs, and various construction and housing project solutions.
Saudi Ceramic Fundamentals Summary
|2040 fundamental statistics|
Is 2040 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2040 income statement (TTM)|
|Cost of Revenue||ر.س1.05b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.45|
|Net Profit Margin||12.66%|
How did 2040 perform over the long term?See historical performance and comparison
2.3%Current Dividend Yield
Is Saudi Ceramic undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2040 (SAR64.2) is trading below our estimate of fair value (SAR66.55)
Significantly Below Fair Value: 2040 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 2040 is poor value based on its PE Ratio (26.3x) compared to the Asian Building industry average (14.6x).
PE vs Market: 2040 is good value based on its PE Ratio (26.3x) compared to the SA market (31x).
Price to Earnings Growth Ratio
PEG Ratio: 2040 is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: 2040 is overvalued based on its PB Ratio (3.1x) compared to the XA Building industry average (1.3x).
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 (23.7% per year) is above the savings rate (8.8%).
Earnings vs Market: 2040's earnings (23.7% per year) are forecast to grow faster than the SA market (5.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2040's revenue (10.7% per year) is forecast to grow faster than the SA market (3.1% per year).
High Growth Revenue: 2040's revenue (10.7% 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 (16.5%).
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 (12.7%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: 2040's earnings have grown by 15.9% per year over the past 5 years.
Accelerating Growth: 2040's earnings growth over the past year (197%) exceeds its 5-year average (15.9% per year).
Earnings vs Industry: 2040 earnings growth over the past year (197%) exceeded the Building industry 31.5%.
Return on Equity
High ROE: 2040's Return on Equity (11.3%) 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 (SAR637.4M).
Long Term Liabilities: 2040's short term assets (SAR1.1B) exceed its long term liabilities (SAR482.5M).
Debt to Equity History and Analysis
Debt Level: 2040's debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: 2040's debt to equity ratio has reduced from 47.8% to 36.6% over the past 5 years.
Debt Coverage: 2040's debt is well covered by operating cash flow (60%).
Interest Coverage: 2040's interest payments on its debt are well covered by EBIT (8.1x coverage).
What is Saudi Ceramic current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2040's dividend (2.34%) is higher than the bottom 25% of dividend payers in the SA market (1.49%).
High Dividend: 2040's dividend (2.34%) is low compared to the top 25% of dividend payers in the SA market (4.05%).
Stability and Growth of Payments
Stable Dividend: 2040's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2040's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.6%), 2040's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 2040's dividends in 3 years are forecast to be covered by earnings (56.6% payout ratio).
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 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.س5.120b
- Shares outstanding: 79.75m
- Website: https://www.saudiceramics.com
Number of Employees
- Saudi Ceramic Company
- PO Box 3893
- Saudi Arabia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 15:13|
|End of Day Share Price||2021/09/22 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.