company background image
2160 logo

Saudi Arabian Amiantit SASE:2160 Stock Report

Last Price

ر.س31.20

Market Cap

ر.س1.4b

7D

4.3%

1Y

-55.6%

Updated

30 Jan, 2025

Data

Company Financials

The Saudi Arabian Amiantit Company

SASE:2160 Stock Report

Market Cap: ر.س1.4b

2160 Stock Overview

Manufactures and sells various types of pipes and related products in Saudi Arabia. More details

2160 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

The Saudi Arabian Amiantit Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Saudi Arabian Amiantit
Historical stock prices
Current Share Priceر.س31.20
52 Week Highر.س80.70
52 Week Lowر.س23.72
Beta1.2
1 Month Change10.05%
3 Month Change-9.57%
1 Year Change-55.56%
3 Year Change-44.33%
5 Year Change-64.93%
Change since IPO-95.48%

Recent News & Updates

Why Saudi Arabian Amiantit's (TADAWUL:2160) Earnings Are Weaker Than They Seem

Nov 04
Why Saudi Arabian Amiantit's (TADAWUL:2160) Earnings Are Weaker Than They Seem

The Saudi Arabian Amiantit Company's (TADAWUL:2160) Shares Leap 32% Yet They're Still Not Telling The Full Story

Sep 05
The Saudi Arabian Amiantit Company's (TADAWUL:2160) Shares Leap 32% Yet They're Still Not Telling The Full Story

Recent updates

Why Saudi Arabian Amiantit's (TADAWUL:2160) Earnings Are Weaker Than They Seem

Nov 04
Why Saudi Arabian Amiantit's (TADAWUL:2160) Earnings Are Weaker Than They Seem

The Saudi Arabian Amiantit Company's (TADAWUL:2160) Shares Leap 32% Yet They're Still Not Telling The Full Story

Sep 05
The Saudi Arabian Amiantit Company's (TADAWUL:2160) Shares Leap 32% Yet They're Still Not Telling The Full Story

Investors Shouldn't Be Too Comfortable With Saudi Arabian Amiantit's (TADAWUL:2160) Earnings

May 05
Investors Shouldn't Be Too Comfortable With Saudi Arabian Amiantit's (TADAWUL:2160) Earnings

Investors Holding Back On The Saudi Arabian Amiantit Company (TADAWUL:2160)

Apr 18
Investors Holding Back On The Saudi Arabian Amiantit Company (TADAWUL:2160)

The Saudi Arabian Amiantit Company (TADAWUL:2160) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

Jan 01
The Saudi Arabian Amiantit Company (TADAWUL:2160) Stock Catapults 31% Though Its Price And Business Still Lag The Industry

The Market Doesn't Like What It Sees From The Saudi Arabian Amiantit Company's (TADAWUL:2160) Revenues Yet

Jun 09
The Market Doesn't Like What It Sees From The Saudi Arabian Amiantit Company's (TADAWUL:2160) Revenues Yet

How Much Did Saudi Arabian Amiantit's(TADAWUL:2160) Shareholders Earn From Share Price Movements Over The Last Five Years?

Dec 16
How Much Did Saudi Arabian Amiantit's(TADAWUL:2160) Shareholders Earn From Share Price Movements Over The Last Five Years?

Shareholder Returns

2160SA MachinerySA Market
7D4.3%-0.2%-0.4%
1Y-55.6%20.9%-4.7%

Return vs Industry: 2160 underperformed the SA Machinery industry which returned 20.9% over the past year.

Return vs Market: 2160 underperformed the SA Market which returned -4.7% over the past year.

Price Volatility

Is 2160's price volatile compared to industry and market?
2160 volatility
2160 Average Weekly Movement3.3%
Machinery Industry Average Movement6.1%
Market Average Movement3.7%
10% most volatile stocks in SA Market7.8%
10% least volatile stocks in SA Market2.1%

Stable Share Price: 2160 has not had significant price volatility in the past 3 months compared to the SA market.

Volatility Over Time: 2160's weekly volatility has decreased from 11% to 3% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968n/aFeras Bin Ghassab Al-Harbiwww.amiantit.com

The Saudi Arabian Amiantit Company, together with its subsidiaries, manufactures and sells various types of pipes and related products in Saudi Arabia. It offers pipe system products, including glass reinforced polyester, glass reinforced vinylester, glass reinforced epoxy, and ductile iron pipes; and manufactures and sells underground and aboveground tanks, such as water tanks, chemical tanks, septic tanks, and fuel tanks for residential and industrial applications. The company also provides rubber rings and gaskets for the use in pipes and fittings; grommets and bushes for anti-vibration isolation and compression mounting in A/C systems; duct sealing units for use in air condition ducts; insulation tubes and sheets for thermal insulation in refrigeration, heating, ventilation, and air conditioning applications; and industrial valves for water applications.

The Saudi Arabian Amiantit Company Fundamentals Summary

How do Saudi Arabian Amiantit's earnings and revenue compare to its market cap?
2160 fundamental statistics
Market capر.س1.39b
Earnings (TTM)ر.س456.09m
Revenue (TTM)ر.س806.93m

3.0x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2160 income statement (TTM)
Revenueر.س806.93m
Cost of Revenueر.س809.26m
Gross Profit-ر.س2.32m
Other Expenses-ر.س458.41m
Earningsر.س456.09m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)10.25
Gross Margin-0.29%
Net Profit Margin56.52%
Debt/Equity Ratio27.4%

How did 2160 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 17:27
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Saudi Arabian Amiantit Company is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mohammad KamalArqaam Capital Research Offshore S.A.L.
Eyad FarajBofA Global Research
Eyad FarajGoldman Sachs