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Saudi Arabian Amiantit SASE:2160 Stock Report

Last Price

ر.س24.90

Market Cap

ر.س1.1b

7D

0.6%

1Y

-46.7%

Updated

14 Jun, 2024

Data

Company Financials

The Saudi Arabian Amiantit Company

SASE:2160 Stock Report

Market Cap: ر.س1.1b

2160 Stock Overview

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

2160 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

The Saudi Arabian Amiantit Company Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Saudi Arabian Amiantit
Historical stock prices
Current Share Priceر.س24.90
52 Week Highر.س80.70
52 Week Lowر.س23.72
Beta1.09
1 Month Change-6.92%
3 Month Change-12.32%
1 Year Change-46.74%
3 Year Change-71.99%
5 Year Change-77.58%
Change since IPO-96.40%

Recent News & Updates

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)

Recent updates

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
7D0.6%1.7%-1.6%
1Y-46.7%3.6%-10.5%

Return vs Industry: 2160 underperformed the SA Machinery industry which returned 3.6% over the past year.

Return vs Market: 2160 underperformed the SA Market which returned -10.5% over the past year.

Price Volatility

Is 2160's price volatile compared to industry and market?
2160 volatility
2160 Average Weekly Movement6.6%
Machinery Industry Average Movement6.2%
Market Average Movement4.8%
10% most volatile stocks in SA Market7.8%
10% least volatile stocks in SA Market2.6%

Stable Share Price: 2160's share price has been volatile over the past 3 months.

Volatility Over Time: 2160's weekly volatility has decreased from 12% to 7% over the past year, but is still higher than 75% of SA stocks.

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.س1.11b
Earnings (TTM)ر.س297.89m
Revenue (TTM)ر.س721.71m

3.7x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2160 income statement (TTM)
Revenueر.س721.71m
Cost of Revenueر.س744.66m
Gross Profit-ر.س22.95m
Other Expenses-ر.س320.84m
Earningsر.س297.89m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.69
Gross Margin-3.18%
Net Profit Margin41.28%
Debt/Equity Ratio30.9%

How did 2160 perform over the long term?

See historical performance and comparison
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