Saudi Marketing Future Growth

Future criteria checks 4/6

Saudi Marketing is forecast to grow earnings and revenue by 35.8% and 4.6% per annum respectively. EPS is expected to grow by 35.8% per annum. Return on equity is forecast to be 7.6% in 3 years.

Key information

35.8%

Earnings growth rate

35.8%

EPS growth rate

Consumer Retailing earnings growth	6.7%
Revenue growth rate	4.6%
Future return on equity	7.6%
Analyst coverage	Low
Last updated	28 Jan 2025

Recent future growth updates

Recent updates

Earnings Tell The Story For Saudi Marketing Company (TADAWUL:4006) As Its Stock Soars 25%

Mar 18

Unpleasant Surprises Could Be In Store For Saudi Marketing Company's (TADAWUL:4006) Shares

Apr 23

Here's Why I Think Saudi Marketing (TADAWUL:4006) Is An Interesting Stock

Apr 05

Saudi Marketing Company (TADAWUL:4006) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Mar 17

What You Need To Know About Saudi Marketing Company's (TADAWUL:4006) Investor Composition

Feb 16

Returns On Capital At Saudi Marketing (TADAWUL:4006) Paint An Interesting Picture

Jan 26

Can You Imagine How Saudi Marketing's (TADAWUL:4006) Shareholders Feel About The 97% Share Price Increase?

Jan 06

Are Saudi Marketing's (TADAWUL:4006) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 16

Saudi Marketing Company's (TADAWUL:4006) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Nov 25

Earnings and Revenue Growth Forecasts

SASE:4006 - Analysts future estimates and past financials data (SAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	2,146	N/A	55	N/A	1
12/31/2026	2,050	54	43	157	1
12/31/2025	1,933	42	31	143	1
12/31/2024	1,835	25	11	137	N/A
9/30/2024	1,821	24	3	134	N/A
6/30/2024	1,801	21	-31	101	N/A
3/31/2024	1,810	21	34	125	N/A
12/31/2023	1,813	22	38	124	N/A
9/30/2023	1,835	25	65	144	N/A
6/30/2023	1,837	25	104	168	N/A
3/31/2023	1,840	24	93	156	N/A
12/31/2022	1,799	23	101	162	N/A
9/30/2022	1,744	25	86	139	N/A
6/30/2022	1,708	24	91	142	N/A
3/31/2022	1,673	23	76	121	N/A
12/31/2021	1,651	21	85	122	N/A
9/30/2021	1,655	16	73	106	N/A
6/30/2021	1,669	20	14	46	N/A
3/31/2021	1,819	35	116	144	N/A
12/31/2020	1,863	39	144	171	N/A
9/30/2020	1,846	39	155	183	N/A
6/30/2020	1,817	36	218	246	N/A
3/31/2020	1,654	21	152	182	N/A
12/31/2019	1,581	10	125	157	N/A
9/30/2019	1,579	4	24	64	N/A
6/30/2019	1,581	3	-38	10	N/A
3/31/2019	1,579	-12	-75	-16	N/A
12/31/2018	1,564	4	-98	-29	N/A
9/30/2018	1,337	-37	N/A	42	N/A
6/30/2018	1,373	-34	N/A	48	N/A
3/31/2018	1,489	-2	N/A	78	N/A
12/31/2017	1,606	7	N/A	28	N/A
9/30/2017	1,664	66	N/A	20	N/A
6/30/2017	1,678	82	N/A	71	N/A
3/31/2017	1,686	89	N/A	75	N/A
12/31/2016	1,677	92	N/A	117	N/A
9/30/2016	1,914	92	N/A	109	N/A
6/30/2016	1,930	98	N/A	61	N/A
3/31/2016	1,919	104	N/A	29	N/A
12/31/2015	1,892	107	N/A	29	N/A
9/30/2015	1,869	114	N/A	59	N/A
6/30/2015	1,830	110	N/A	50	N/A
3/31/2015	1,791	106	N/A	64	N/A
12/31/2014	1,741	104	N/A	63	N/A
9/30/2014	1,714	108	N/A	43	N/A
6/30/2014	1,718	106	N/A	92	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4006's forecast earnings growth (35.8% per year) is above the savings rate (14.9%).

Earnings vs Market: 4006's earnings (35.8% per year) are forecast to grow faster than the SA market (7.1% per year).

High Growth Earnings: 4006's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 4006's revenue (4.6% per year) is forecast to grow faster than the SA market (2.5% per year).

High Growth Revenue: 4006's revenue (4.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 4006's Return on Equity is forecast to be low in 3 years time (7.6%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/08 22:10
End of Day Share Price	2025/05/08 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Saudi Marketing Company is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mohammad Kamal	Arqaam Capital Research Offshore S.A.L.
Alaa Tolba	CI Capital Research
Hatem Alaa	EFG-Hermes Research

Saudi Marketing Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased to ر.س21.50

Price target decreased to ر.س21.50

Consensus EPS estimates fall to ر.س0.33

Price target decreased to ر.س25.50

Consensus EPS estimates fall to ر.س0.79

Recent updates

New minor risk - Earnings quality

Saudi Marketing Company, Annual General Meeting, May 25, 2025

Full year 2024 earnings released: EPS: ر.س0.57 (vs ر.س0.48 in FY 2023)

Now 21% overvalued

Third quarter 2024 earnings released: EPS: ر.س0.16 (vs ر.س0.11 in 3Q 2023)

Second quarter 2024 earnings released: EPS: ر.س0.14 (vs ر.س0.14 in 2Q 2023)

Now 20% overvalued

Saudi Marketing Company, Annual General Meeting, Jun 02, 2024

New minor risk - Earnings quality

Full year 2023 earnings released: EPS: ر.س0.48 (vs ر.س0.51 in FY 2022)

Earnings Tell The Story For Saudi Marketing Company (TADAWUL:4006) As Its Stock Soars 25%

Third quarter 2023 earnings released: EPS: ر.س0.11 (vs ر.س0.10 in 3Q 2022)

Second quarter 2023 earnings released: EPS: ر.س0.14 (vs ر.س0.12 in 2Q 2022)

Now 20% undervalued

Estimating The Intrinsic Value Of Saudi Marketing Company (TADAWUL:4006)

Upcoming dividend of ر.س0.50 per share at 1.8% yield

Investor sentiment improves as stock rises 17%

Third quarter 2022 earnings released: EPS: ر.س0.10 (vs ر.س0.078 in 3Q 2021)

No independent directors

Second quarter 2022 earnings released: EPS: ر.س0.12 (vs ر.س0.10 in 2Q 2021)

Saudi Marketing (TADAWUL:4006) Will Want To Turn Around Its Return Trends

First quarter 2022 earnings: EPS exceeds analyst expectations

Price target decreased to ر.س21.50

No independent directors

Full year 2021 earnings: EPS misses analyst expectations

Price target decreased to ر.س21.50

Consensus EPS estimates fall to ر.س0.33

Third quarter 2021 earnings released: EPS ر.س0.078 (vs ر.س0.17 in 3Q 2020)

Price target decreased to ر.س25.50

Second quarter 2021 earnings released: EPS ر.س0.10 (vs ر.س0.43 in 2Q 2020)

Consensus EPS estimates fall to ر.س0.79

Be Wary Of Saudi Marketing (TADAWUL:4006) And Its Returns On Capital

First quarter 2021 earnings released: EPS ر.س0.095 (vs ر.س0.18 in 1Q 2020)

Unpleasant Surprises Could Be In Store For Saudi Marketing Company's (TADAWUL:4006) Shares

Here's Why I Think Saudi Marketing (TADAWUL:4006) Is An Interesting Stock

Full year 2020 earnings released: EPS ر.س0.86 (vs ر.س0.23 in FY 2019)

Saudi Marketing Company (TADAWUL:4006) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

New 90-day high: ر.س38.20

Investor sentiment improved over the past week

What You Need To Know About Saudi Marketing Company's (TADAWUL:4006) Investor Composition

Returns On Capital At Saudi Marketing (TADAWUL:4006) Paint An Interesting Picture

Can You Imagine How Saudi Marketing's (TADAWUL:4006) Shareholders Feel About The 97% Share Price Increase?

Investor sentiment improved over the past week

Are Saudi Marketing's (TADAWUL:4006) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Saudi Marketing Company's (TADAWUL:4006) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Third quarter 2020 earnings released: EPS ر.س0.17

Market pulls back on stock over the past week

Market pulls back on stock over the past week

New 90-day high: ر.س33.20

New 90-day high: ر.س30.00

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources