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Thob Al Aseel SASE:4012 Stock Report

Last Price


Market Cap







24 Jun, 2022


Company Financials
4012 fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance1/6
Financial Health6/6

4012 Stock Overview

Thob Al Aseel Company develops, imports, exports, wholesales, and retails fabrics and readymade clothes.

Thob Al Aseel Competitors













Price History & Performance

Summary of all time highs, changes and price drops for Thob Al Aseel
Historical stock prices
Current Share Priceر.س32.15
52 Week Highر.س70.28
52 Week Lowر.س31.85
1 Month Change-21.58%
3 Month Change-24.97%
1 Year Change-46.08%
3 Year Change63.61%
5 Year Change39.40%
Change since IPO26.08%

Recent News & Updates

Shareholder Returns

4012SA LuxurySA Market

Return vs Industry: 4012 underperformed the SA Luxury industry which returned -22.1% over the past year.

Return vs Market: 4012 underperformed the SA Market which returned 10.8% over the past year.

Price Volatility

Is 4012's price volatile compared to industry and market?
4012 volatility
4012 Average Weekly Movement4.1%
Luxury Industry Average Movement6.2%
Market Average Movement4.8%
10% most volatile stocks in SA Market7.0%
10% least volatile stocks in SA Market3.1%

Stable Share Price: 4012 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 4012's weekly volatility (4%) has been stable over the past year.

About the Company

1970n/aAhmed Saleh Al Sultan

Thob Al Aseel Company develops, imports, exports, wholesales, and retails fabrics and readymade clothes. It operates through Thobs and Fabrics segments. The company offers thobes, pants, underwear, pajamas, and sleeping robes, as well as miscellaneous products, such as T-shirts, ehram products, and cotton socks.

Thob Al Aseel Fundamentals Summary

How do Thob Al Aseel's earnings and revenue compare to its market cap?
4012 fundamental statistics
Market Capر.س1.29b
Earnings (TTM)ر.س64.73m
Revenue (TTM)ر.س529.36m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
4012 income statement (TTM)
Cost of Revenueر.س340.26m
Gross Profitر.س189.11m
Other Expensesر.س124.37m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)1.62
Gross Margin35.72%
Net Profit Margin12.23%
Debt/Equity Ratio0%

How did 4012 perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is 4012 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4012?

Other financial metrics that can be useful for relative valuation.

4012 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.2x
Enterprise Value/EBITDA13.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 4012's PE Ratio compare to its peers?

4012 PE Ratio vs Peers
The above table shows the PE ratio for 4012 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average21x

Price-To-Earnings vs Peers: 4012 is good value based on its Price-To-Earnings Ratio (19.9x) compared to the peer average (21x).

Price to Earnings Ratio vs Industry

How does 4012's PE Ratio compare vs other companies in the Luxury Industry?

Price-To-Earnings vs Industry: 4012 is expensive based on its Price-To-Earnings Ratio (19.9x) compared to the Asian Luxury industry average (12.2x)

Price to Earnings Ratio vs Fair Ratio

What is 4012's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

4012 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 4012's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 4012 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4012 (SAR32.15) is trading below our estimate of fair value (SAR231.49)

Significantly Below Fair Value: 4012 is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4012's PEG Ratio to determine if it is good value.

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Future Growth

How is Thob Al Aseel forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted Consumer Durables 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 Thob Al Aseel 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.

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  • Examine whether Thob Al Aseel is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Thob Al Aseel performed over the past 5 years?

Past Performance Score


Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 4012 has high quality earnings.

Growing Profit Margin: 4012's current net profit margins (12.2%) are lower than last year (14.4%).

Past Earnings Growth Analysis

Earnings Trend: 4012's earnings have declined by 2.9% per year over the past 5 years.

Accelerating Growth: 4012's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4012 had negative earnings growth (-17.9%) over the past year, making it difficult to compare to the Luxury industry average (58.2%).

Return on Equity

High ROE: 4012's Return on Equity (11.4%) is considered low.

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Financial Health

How is Thob Al Aseel's financial position?

Financial Health Score


Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 4012's short term assets (SAR681.2M) exceed its short term liabilities (SAR130.0M).

Long Term Liabilities: 4012's short term assets (SAR681.2M) exceed its long term liabilities (SAR20.2M).

Debt to Equity History and Analysis

Debt Level: 4012 is debt free.

Reducing Debt: 4012 had no debt 5 years ago.

Debt Coverage: 4012 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 4012 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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What is Thob Al Aseel current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 4012's dividend (4.67%) is higher than the bottom 25% of dividend payers in the SA market (1.97%).

High Dividend: 4012's dividend (4.67%) is in the top 25% of dividend payers in the SA market (4.64%)

Stability and Growth of Payments

Stable Dividend: 4012 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 4012 has only been paying a dividend for 5 years, and since then payments have not increased.

Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (92.7%), 4012's dividend payments are not well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (44.9%), 4012's dividend payments are well covered by cash flows.

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


Ahmed Saleh Al Sultan

no data


Mr. Ahmed Saleh Abdullah Al Sultan is Chief Executive Officer of Thob Al Aseel Co.


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

Thob Al Aseel Company's employee growth, exchange listings and data sources

Key Information

  • Name: Thob Al Aseel Company
  • Ticker: 4012
  • Exchange: SASE
  • Founded: 1970
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: ر.س1.286b
  • Shares outstanding: 40.00m
  • Website:


  • Thob Al Aseel Company
  • King Fahd Road
  • Olaya District
  • Riyadh
  • 11411
  • Saudi Arabia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/23 00:00
Annual Earnings2021/12/31

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.