New Risk • Jul 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.7% average weekly change). Reported Earnings • May 14
First quarter 2026 earnings released: ر.س0.47 loss per share (vs ر.س0.40 profit in 1Q 2025) First quarter 2026 results: ر.س0.47 loss per share (down from ر.س0.40 profit in 1Q 2025). Revenue: ر.س23.2m (down 15% from 1Q 2025). Net loss: ر.س5.85m (down 217% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • May 01
Raoom trading Company, Annual General Meeting, May 21, 2026 Raoom trading Company, Annual General Meeting, May 21, 2026, at 18:30 Arab Standard Time. Location: buraidah Saudi Arabia Announcement • Apr 22
Raoom trading Company (SASE:4144) completed the acquisition of glass and aluminum factory of Alma Glass and Aluminum Manufacturing Co. from Alma Glass and Aluminum Manufacturing Co. Raoom trading Company (SASE:4144) entered into agreement to acquire glass and aluminum factory of Alma Glass and Aluminum Manufacturing Co. from Alma Glass and Aluminum Manufacturing Co. for SAR 5.2 million on November 23, 2025. A cash consideration of SAR 5.2 million will be paid by Raoom trading Company. As part of consideration, SAR 5.2 million is paid towards assets of glass and aluminum factory of Alma Glass and Aluminum Manufacturing Co. The transaction is subject to MODON’s approval. Deal will be financed through bank facilities previously obtained.
Raoom trading Company (SASE:4144) completed the acquisition of glass and aluminum factory of Alma Glass and Aluminum Manufacturing Co. from Alma Glass and Aluminum Manufacturing Co. on April 2026. Reported Earnings • Mar 21
Full year 2025 earnings released: ر.س0.37 loss per share (vs ر.س3.43 profit in FY 2024) Full year 2025 results: ر.س0.37 loss per share (down from ر.س3.43 profit in FY 2024). Revenue: ر.س103.6m (down 11% from FY 2024). Net loss: ر.س4.64m (down 111% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Dec 16
Upcoming dividend of ر.س0.37 per share Eligible shareholders must have bought the stock before 23 December 2025. Payment date: 30 December 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.6%. Lower than top quartile of Saudi dividend payers (5.7%). Lower than average of industry peers (3.1%). New Risk • Dec 10
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 177% Cash payout ratio: 142% Dividend yield: 2.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 177% Cash payout ratio: 142% Minor Risk Profit margins are more than 30% lower than last year (9.8% net profit margin). Announcement • Dec 05
Raoom trading Company announces Quarterly dividend, payable on December 29, 2025 Raoom trading Company announced Quarterly dividend of SAR 0.3700 per share payable on December 29, 2025, ex-date on September 24, 2025 and record date on September 25, 2025. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: ر.س0.37 (vs ر.س0.88 in 3Q 2024) Third quarter 2025 results: EPS: ر.س0.37 (down from ر.س0.88 in 3Q 2024). Revenue: ر.س26.6m (down 2.8% from 3Q 2024). Net income: ر.س4.67m (down 57% from 3Q 2024). Profit margin: 18% (down from 40% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ر.س66.00, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 25x in the Building industry in Saudi Arabia. Total returns to shareholders of 25% over the past three years. Announcement • Sep 09
Raoom trading Company announces Quarterly dividend, payable on September 18, 2025 Raoom trading Company announced Quarterly dividend of SAR 0.3700 per share payable on September 18, 2025, ex-date on September 10, 2025 and record date on September 11, 2025. Reported Earnings • Aug 07
Second quarter 2025 earnings released: ر.س0.22 loss per share (vs ر.س0.35 profit in 2Q 2024) Second quarter 2025 results: ر.س0.22 loss per share (down from ر.س0.35 profit in 2Q 2024). Revenue: ر.س24.2m (down 9.7% from 2Q 2024). Net loss: ر.س2.72m (down 162% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Jun 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Badr Bin Al-Qadi was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 12
Raoom Trading Company Appoints Rashood Bin Saleh Al-Rashoodi to the Board of Directors Raoom trading Company in its Ordinary General Assembly Meeting (First Meeting) held on June 4, 2025 elected Mr. Rashood bin Saleh Al-Rashoodi as member to the Board of Directors from among the nominees for the upcoming term, which will begin on June 17, 2025 and will last for four years, ending on June 16, 2029. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: ر.س0.80 (vs ر.س1.92 in 1Q 2024) First quarter 2025 results: EPS: ر.س0.80 (down from ر.س1.92 in 1Q 2024). Revenue: ر.س27.4m (down 17% from 1Q 2024). Net income: ر.س5.00m (down 79% from 1Q 2024). Profit margin: 18% (down from 73% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 10
Fourth quarter dividend of ر.س0.38 announced Shareholders will receive a dividend of ر.س0.38. Ex-date: 26th May 2025 Payment date: 2nd June 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (44% earnings payout ratio) and cash flows (87% cash payout ratio). The dividend has increased by an average of 44% per year over the past 3 years. However, payments have been volatile during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 09
Raoom trading Company announces Quarterly dividend, payable on June 02, 2025 Raoom trading Company announced Quarterly dividend of SAR 0.3750 per share payable on June 02, 2025, ex-date on May 26, 2025 and record date on May 27, 2025. Announcement • Mar 20
Raoom trading Company, Annual General Meeting, Apr 10, 2025 Raoom trading Company, Annual General Meeting, Apr 10, 2025, at 16:30 Arab Standard Time. Location: buraidah Saudi Arabia New Risk • Feb 21
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (37% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 14
Full year 2024 earnings released: EPS: ر.س6.90 (vs ر.س7.45 in FY 2023) Full year 2024 results: EPS: ر.س6.90 (down from ر.س7.45 in FY 2023). Revenue: ر.س116.0m (down 14% from FY 2023). Net income: ر.س42.9m (down 8.0% from FY 2023). Profit margin: 37% (up from 35% in FY 2023). The increase in margin was driven by lower expenses. Upcoming Dividend • Nov 18
Upcoming dividend of ر.س0.75 per share Eligible shareholders must have bought the stock before 25 November 2024. Payment date: 03 December 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Saudi dividend payers (4.7%). Lower than average of industry peers (2.9%). Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ر.س183, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 21x in the Building industry in Saudi Arabia. Total returns to shareholders of 68% over the past year. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ر.س154, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 17x in the Building industry in Saudi Arabia. Total returns to shareholders of 41% over the past year. New Risk • Aug 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Aug 02
Fourth quarter dividend of ر.س0.75 announced Shareholders will receive a dividend of ر.س0.75. Ex-date: 4th August 2024 Payment date: 14th August 2024 Dividend yield will be 2.0%, which is lower than the industry average of 3.3%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (54% cash payout ratio). The dividend has increased by an average of 66% per year over the past 2 years. However, payments have been volatile during that time. Earnings per share has grown by 44% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Upcoming Dividend • May 13
Upcoming dividend of ر.س0.75 per share Eligible shareholders must have bought the stock before 20 May 2024. Payment date: 28 May 2024. Trailing yield: 2.0%. Lower than top quartile of Saudi dividend payers (4.7%). Lower than average of industry peers (3.2%). Announcement • May 10
Raoom Trading Company Announces Cash Dividends for First Quarter of Fiscal Year 2024, Payable on May 28, 2024 Raoom trading Company announced the Board of Directors- decision at its meeting held on May 9, 2024 to distribute cash dividends to shareholders for the first quarter of the fiscal year 2024. Dividend per share: SAR 0.75. Eligibility for dividends is for the company-s shareholders who own shares at the end of trading on Sunday, 05/19/2024 AD, and who are registered in the shareholders- registry with the Securities Depository Center Company (Edaa) at the end of the second trading day following the entitlement date. Dividends will be paid on May 28, 2024. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ر.س158, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 20x in the Building industry in Saudi Arabia. Total returns to shareholders of 39% over the past year. Announcement • Apr 04
Raoom trading Company, Annual General Meeting, Apr 25, 2024 Raoom trading Company, Annual General Meeting, Apr 25, 2024, at 15:30 Coordinated Universal Time. Agenda: To Review and discuss the Board of Directors report for the financial year ending on December 31, 2023; to Vote on the company's auditors report for the financial year ending on December 31, 2022, after discussing it; to Review and discuss the financial statements for the fiscal year ending on December 31, 2022; to Vote on discharging the members of the Board of Directors from their liabilities for the fiscal year ending on December 31, 2023 AD; to vote on authorizing the Board of Directors to distribute interim cash dividends to shareholders on a semi-annual or quarterly basis for the fiscal year 2024; and to consider other matters. New Risk • Feb 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. New Risk • Oct 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 6.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.9% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. New Risk • Oct 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 44% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. New Risk • Aug 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (5.9% average weekly change). Buying Opportunity • Jul 26
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 10%. The fair value is estimated to be ر.س128, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 23%. Buying Opportunity • Jun 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be ر.س132, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.7% over the last 3 years. Earnings per share has grown by 23%. Announcement • Dec 28
Raoom Trading Company Announces Cash Dividend for the First Half of the Fiscal Year 2022, Payable on January 9, 2023 The Board of Directors of Raoom Trading Company decided to distribute cash dividends of SAR 6.250 per share to shareholders for the first half of the fiscal year 2022 The eligibility for dividends will be for shareholders who own shares at the end of trading on Thursday 05-06-1444 AH corresponding to 12-29-2022. Distribution date is January 9, 2023. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 21% share price gain to ر.س134, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 17x in the Building industry in Saudi Arabia. Announcement • Oct 13
Raoom Trading Co. Announces Distribution of Cash Dividend for First Half of 2022 The Board of Directors of Raoom Trading Company decided, in its meeting held on 16/03/1444 AH corresponding to 12/10/2022 AD, to distribute cash dividends to shareholders for the first half of the fiscal year 2022, Number of Shares Eligible for Dividends 6.250.000. Board Change • Jul 31
High number of new directors Independent Director Badr Bin Al-Qadi was the last director to join the board, commencing their role in 2022. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 24% share price decline to ر.س136, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 20x in the Building industry in Saudi Arabia. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 25% share price gain to ر.س190, the stock trades at a trailing P/E ratio of 38.2x. Average trailing P/E is 21x in the Building industry in Saudi Arabia. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improved over the past week After last week's 20% share price gain to ر.س169, the stock trades at a trailing P/E ratio of 33.3x. Average trailing P/E is 24x in the Building industry in Saudi Arabia. 
