SASE:1831

Stock Analysis Report

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Market Cap

ر.س2.9b

Last Updated

2021/07/30 14:04 UTC

Data Sources

Company Financials

Executive Summary

Maharah Human Resources Company provides manpower services in the human resources sector. More Details


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Maharah for Human Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1831 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 1831's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

0.3%

1831

1.2%

SA Professional Services

0.3%

SA Market


1 Year Return

6.5%

1831

48.0%

SA Professional Services

14.8%

SA Market

Return vs Industry: 1831 underperformed the SA Professional Services industry which returned 48% over the past year.

Return vs Market: 1831 underperformed the SA Market which returned 14.8% over the past year.


Shareholder returns

1831IndustryMarket
7 Day0.3%1.2%0.3%
30 Day-2.7%1.9%-1.1%
90 Day6.1%11.2%0.02%
1 Year12.5%6.5%49.3%48.0%19.2%14.8%
3 Yearn/a63.2%57.1%42.2%29.2%
5 Yearn/a199.2%180.8%104.7%74.0%

Long-Term Price Volatility Vs. Market

How volatile is Maharah for Human Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Maharah for Human Resources undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1831 (SAR76.7) is trading below our estimate of fair value (SAR173.18)

Significantly Below Fair Value: 1831 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1831 is good value based on its PE Ratio (19x) compared to the Asian Professional Services industry average (24.6x).

PE vs Market: 1831 is good value based on its PE Ratio (19x) compared to the SA market (33.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1831's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1831 is overvalued based on its PB Ratio (5.6x) compared to the XA Professional Services industry average (2.6x).


Future Growth

How is Maharah for Human Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.3%

Forecasted Commercial Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Maharah for Human Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Maharah for Human Resources performed over the past 5 years?

-3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1831 has high quality earnings.

Growing Profit Margin: 1831's current net profit margins (11.2%) are lower than last year (18%).


Past Earnings Growth Analysis

Earnings Trend: 1831's earnings have declined by 3% per year over the past 5 years.

Accelerating Growth: 1831's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1831 had negative earnings growth (-45%) over the past year, making it difficult to compare to the Professional Services industry average (13.1%).


Return on Equity

High ROE: 1831's Return on Equity (30%) is considered high.


Financial Health

How is Maharah for Human Resources's financial position?


Financial Position Analysis

Short Term Liabilities: 1831's short term assets (SAR823.1M) exceed its short term liabilities (SAR488.6M).

Long Term Liabilities: 1831's short term assets (SAR823.1M) exceed its long term liabilities (SAR82.8M).


Debt to Equity History and Analysis

Debt Level: 1831 is debt free.

Reducing Debt: 1831 had no debt 5 years ago.

Debt Coverage: 1831 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1831 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Maharah for Human Resources's current dividend yield, its reliability and sustainability?

5.54%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1831's dividend (5.54%) is higher than the bottom 25% of dividend payers in the SA market (1.46%).

High Dividend: 1831's dividend (5.54%) is in the top 25% of dividend payers in the SA market (4.32%)


Stability and Growth of Payments

Stable Dividend: 1831 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1831 has only been paying a dividend for 2 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (105.3%), 1831's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Abdulaziz Bin Al-Kathiri (37 yo)

0.083

Tenure

Mr. Abdulaziz Bin Eidah Al-Kathiri has been an Acting Chief Executive Officer at Maharah for Human Resources Company since June 15, 2021 and serves as its Director since 2021. He had been the Vice Presiden...


Leadership Team

Experienced Management: 1831's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: 1831's board of directors are considered experienced (3.5 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Maharah for Human Resources Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Maharah for Human Resources Company
  • Ticker: 1831
  • Exchange: SASE
  • Founded: 2013
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: ر.س2.876b
  • Shares outstanding: 37.50m
  • Website: https://www.maharah.com

Number of Employees


Location

  • Maharah for Human Resources Company
  • Al Olaya Road
  • Al Yasmeen District
  • Riyadh
  • 13325
  • Saudi Arabia

Listings


Biography

Maharah Human Resources Company provides manpower services in the human resources sector. It sources and recruits manpower for corporate and household customers. The company provides a range of workforce s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 14:04
End of Day Share Price2021/07/29 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.