SASE:1832

Stock Analysis Report

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Header cover image

Market Cap

ر.س914.0m

Last Updated

2021/07/30 14:01 UTC

Data Sources

Company Financials

Executive Summary

Sadr Logistics Company manufactures and supplies pallets, racking systems, and shelves for storage and handling solutions in Saudi Arabia. More Details


Snowflake Analysis

Flawless balance sheet with poor track record.

Share Price & News

How has Sadr Logistics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1832 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1832's weekly volatility has decreased from 9% to 3% over the past year.


Market Performance


7 Day Return

2.7%

1832

-3.5%

SA Commercial Services

0.3%

SA Market


1 Year Return

426.0%

1832

3.7%

SA Commercial Services

14.8%

SA Market

Return vs Industry: 1832 exceeded the SA Commercial Services industry which returned 3.7% over the past year.

Return vs Market: 1832 exceeded the SA Market which returned 14.8% over the past year.


Shareholder returns

1832IndustryMarket
7 Day2.7%-3.5%0.3%
30 Day-0.9%-5.6%-1.1%
90 Day3.0%-4.9%0.02%
1 Year426.8%426.0%5.3%3.7%19.2%14.8%
3 Year670.6%641.6%17.1%10.9%42.2%29.2%
5 Yearn/a-4.1%-11.8%104.7%74.0%

Long-Term Price Volatility Vs. Market

How volatile is Sadr Logistics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sadr Logistics undervalued compared to its fair value and its price relative to the market?

260.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1832 (SAR365.6) is trading above our estimate of fair value (SAR3.08)

Significantly Below Fair Value: 1832 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1832 is poor value based on its PE Ratio (260.7x) compared to the Asian Commercial Services industry average (17.9x).

PE vs Market: 1832 is poor value based on its PE Ratio (260.7x) compared to the SA market (33.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1832's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1832 is overvalued based on its PB Ratio (26.2x) compared to the XA Commercial Services industry average (1.4x).


Future Growth

How is Sadr Logistics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.3%

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 Sadr Logistics 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 Sadr Logistics performed over the past 5 years?

-52.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1832 has a high level of non-cash earnings.

Growing Profit Margin: 1832 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 1832's earnings have declined by 52.9% per year over the past 5 years.

Accelerating Growth: 1832 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1832 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (14.1%).


Return on Equity

High ROE: 1832's Return on Equity (10%) is considered low.


Financial Health

How is Sadr Logistics's financial position?


Financial Position Analysis

Short Term Liabilities: 1832's short term assets (SAR38.6M) exceed its short term liabilities (SAR16.8M).

Long Term Liabilities: 1832's short term assets (SAR38.6M) exceed its long term liabilities (SAR14.3M).


Debt to Equity History and Analysis

Debt Level: 1832 is debt free.

Reducing Debt: 1832 has no debt compared to 5 years ago when its debt to equity ratio was 66.6%.

Debt Coverage: 1832 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1832 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Sadr Logistics's current dividend yield, its reliability and sustainability?

0.14%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1832's dividend (0.14%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.46%).

High Dividend: 1832's dividend (0.14%) is low compared to the top 25% of dividend payers in the SA market (4.32%).


Stability and Growth of Payments

Stable Dividend: 1832 is not paying a notable dividend for the SA market, therefore no need to check if payments are stable.

Growing Dividend: 1832 is not paying a notable dividend for the SA market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 1832 is not paying a notable dividend for the SA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1832's dividend in 3 years as they are not forecast to pay a notable one for the SA market.


Next Steps

Management

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

11.0yrs

Average management tenure


CEO

Bandar Mohamed Samaani (44 yo)

19.5yrs

Tenure

Mr. Bandar bin Mohamed Al Samaani served as Chief Executive Officer of Sadr Logistics Company (formerly known as Al-Samaani Factory For Metal Industries Co.) since 2002 until March 15, 2021 and serves as i...


Leadership Team

Experienced Management: 1832's management team is seasoned and experienced (11 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

Sadr Logistics Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sadr Logistics Company
  • Ticker: 1832
  • Exchange: SASE
  • Founded: 1994
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: ر.س914.000m
  • Shares outstanding: 2.50m
  • Website: https://www.sgp.com.sa

Location

  • Sadr Logistics Company
  • Malaz-Saladin Road
  • Alrawakeb Street
  • Riyadh
  • Saudi Arabia

Listings


Biography

Sadr Logistics Company manufactures and supplies pallets, racking systems, and shelves for storage and handling solutions in Saudi Arabia. It operates through Steel, Wood, Storage Equipment, Logistics, and...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 14:01
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.