Reported Earnings • May 16
First quarter 2026 earnings released: EPS: ر.س0.03 (vs ر.س0.016 in 1Q 2025) First quarter 2026 results: EPS: ر.س0.03 (up from ر.س0.016 in 1Q 2025). Revenue: ر.س269.5m (down 6.4% from 1Q 2025). Net income: ر.س1.97m (up 88% from 1Q 2025). Profit margin: 0.7% (up from 0.4% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • May 07
Al Khaleej Training and Education Company, Annual General Meeting, Jun 09, 2026 Al Khaleej Training and Education Company, Annual General Meeting, Jun 09, 2026, at 18:30 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • Apr 07
Full year 2025 earnings released: EPS: ر.س0.23 (vs ر.س1.29 in FY 2024) Full year 2025 results: EPS: ر.س0.23 (down from ر.س1.29 in FY 2024). Revenue: ر.س1.22b (up 6.6% from FY 2024). Net income: ر.س15.2m (down 82% from FY 2024). Profit margin: 1.2% (down from 7.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Nov 19
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.8% Last year net profit margin: 2.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.8% net profit margin). Reported Earnings • Nov 19
Third quarter 2025 earnings released: EPS: ر.س0.40 (vs ر.س0.41 in 3Q 2024) Third quarter 2025 results: EPS: ر.س0.40 (down from ر.س0.41 in 3Q 2024). Revenue: ر.س310.2m (flat on 3Q 2024). Net income: ر.س26.2m (down 3.0% from 3Q 2024). Profit margin: 8.4% (down from 8.7% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ر.س23.86, the stock trades at a trailing P/E ratio of 70x. Average trailing P/E is 31x in the Consumer Services industry in Saudi Arabia. Total returns to shareholders of 57% over the past three years. Buy Or Sell Opportunity • Sep 24
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 1.3% to ر.س25.38. The fair value is estimated to be ر.س20.06, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Aug 28
Now 20% overvalued Over the last 90 days, the stock has fallen 7.6% to ر.س22.91. The fair value is estimated to be ر.س19.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: ر.س0.11 (vs ر.س0.066 in 2Q 2024) Second quarter 2025 results: EPS: ر.س0.11 (up from ر.س0.066 in 2Q 2024). Revenue: ر.س294.9m (up 12% from 2Q 2024). Net income: ر.س7.03m (up 65% from 2Q 2024). Profit margin: 2.4% (up from 1.6% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. Chairman Abdulaziz bin Rashid Abdul Al-Rashed was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 23
First quarter 2025 earnings released: EPS: ر.س0.02 (vs ر.س1.02 in 1Q 2024) First quarter 2025 results: EPS: ر.س0.02 (down from ر.س1.02 in 1Q 2024). Revenue: ر.س288.0m (up 4.1% from 1Q 2024). Net income: ر.س1.05m (down 98% from 1Q 2024). Profit margin: 0.4% (down from 24% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • May 06
Al Khaleej Training and Education Company, Annual General Meeting, May 28, 2025 Al Khaleej Training and Education Company, Annual General Meeting, May 28, 2025, at 18:30 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • Apr 10
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.7x net interest cover). Earnings have declined by 0.5% per year over the past 5 years. Reported Earnings • Apr 09
Full year 2024 earnings released: EPS: ر.س1.25 (vs ر.س0.61 loss in FY 2023) Full year 2024 results: EPS: ر.س1.25 (up from ر.س0.61 loss in FY 2023). Revenue: ر.س1.14b (up 16% from FY 2023). Net income: ر.س81.1m (up ر.س120.6m from FY 2023). Profit margin: 7.1% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Third quarter 2024 earnings released: EPS: ر.س0.41 (vs ر.س0.24 in 3Q 2023) Third quarter 2024 results: EPS: ر.س0.41 (up from ر.س0.24 in 3Q 2023). Revenue: ر.س311.8m (up 14% from 3Q 2023). Net income: ر.س27.0m (up 73% from 3Q 2023). Profit margin: 8.7% (up from 5.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: ر.س0.05 (vs ر.س0.072 in 2Q 2023) Second quarter 2024 results: EPS: ر.س0.05 (down from ر.س0.072 in 2Q 2023). Revenue: ر.س263.0m (up 25% from 2Q 2023). Net income: ر.س4.27m (down 9.2% from 2Q 2023). Profit margin: 1.6% (down from 2.2% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: ر.س1.02 (vs ر.س0.099 in 1Q 2023) First quarter 2024 results: EPS: ر.س1.02 (up from ر.س0.099 in 1Q 2023). Revenue: ر.س276.5m (up 32% from 1Q 2023). Net income: ر.س66.0m (up ر.س59.6m from 1Q 2023). Profit margin: 24% (up from 3.1% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • May 16
Al Khaleej Training and Education Company, Annual General Meeting, Jun 05, 2024 Al Khaleej Training and Education Company, Annual General Meeting, Jun 05, 2024, at 18:30 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • Apr 16
Full year 2023 earnings released: ر.س0.61 loss per share (vs ر.س0.005 profit in FY 2022) Full year 2023 results: ر.س0.61 loss per share (down from ر.س0.005 profit in FY 2022). Revenue: ر.س983.6m (up 12% from FY 2022). Net loss: ر.س39.5m (down ر.س39.9m from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ر.س31.85, the stock trades at a trailing P/E ratio of 71.1x. Average trailing P/E is 17x in the Consumer Services industry in Asia. Total returns to shareholders of 59% over the past three years. Announcement • Feb 14
Al Khaleej Training and Education Company Announces Executive Change Al Khaleej Training and Education Company announced the appointment of Mr. Abdul Aziz bin Rashid Abdul Rahman Al Rashed (non-executive member) - Chairman of the Board of Directors; Appointment of Mr. Nayef bin Saleh Abdul Aziz Al Rajhi (non-executive member) - Vice Chairman of the Board of Directors. Formation of the audit committee from: •Dr. Abdullah bin Saghir Muhammad Al-Husseini (non-executive member) as Chairman •Dr. Abdul Karim bin Hamad Abdul Karim Al Najidi (Independent Member), Member •Mr. Nabil Ali Hassan Shuaib (member from outside the Council), member •Mr. Khaled Mohammed Al-Eid (member from outside the Council), member. Formation of the Nominations and Remuneration Committee from: Mr. Abdul Malik bin Abdul Rahman al-sheik (independent member) Chairman • Dr. Abdullah bin Saghir Muhammad Al-Husseini (non-executive member) member • Eng. Al-Waleed bin Abdul Razzaq Al-Duraian (non-executive member) member • Eng. Mohammed bin Hamad Hassan Al-Quraisha (independent member) member . Formation of the Executive Committee from: Mr. Naief bin Saleh Abdul Aziz Al-Rajhi (non-executive member) as Chairman • Mr. Abdul Aziz bin Rashid Abdul Rahman Al-Rashed (non-executive member) member • Eng. Al-Waleed bin Abdul Razzaq Al-Duraian (non-executive member), member • Dr. Abdul Karim bin Hamad Abdul Karim Al Najidi (Independent Member), Member • Eng. Hatem bin Abdul Razzaq Al Derayan (CEO) member. The Board decided to approve the appointment of Mr. Adel Amin Othman - Secretary of the Board of Directors. Reported Earnings • Nov 21
Third quarter 2023 earnings released: EPS: ر.س0.24 (vs ر.س0.24 in 3Q 2022) Third quarter 2023 results: EPS: ر.س0.24 (up from ر.س0.24 in 3Q 2022). Revenue: ر.س273.9m (up 24% from 3Q 2022). Net income: ر.س15.6m (up 1.6% from 3Q 2022). Profit margin: 5.7% (down from 7.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Sep 02
Second quarter 2023 earnings released: EPS: ر.س0.063 (vs ر.س0.14 loss in 2Q 2022) Second quarter 2023 results: EPS: ر.س0.063 (up from ر.س0.14 loss in 2Q 2022). Revenue: ر.س212.6m (up 3.5% from 2Q 2022). Net income: ر.س4.10m (up ر.س13.4m from 2Q 2022). Profit margin: 1.9% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% 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. New Risk • Jul 24
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 5.4% 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 Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.4% average weekly change). New Risk • Jul 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.6% Last year net profit margin: 2.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 28% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.6% net profit margin). Reported Earnings • Jul 06
First quarter 2023 earnings released: EPS: ر.س0.023 (vs ر.س0.078 loss in 1Q 2022) First quarter 2023 results: EPS: ر.س0.023 (up from ر.س0.078 loss in 1Q 2022). Revenue: ر.س208.9m (down 9.6% from 1Q 2022). Net income: ر.س1.68m (up ر.س6.77m from 1Q 2022). Profit margin: 0.8% (up from net loss in 1Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ر.س18.98, the stock trades at a trailing P/E ratio of 40.3x. Average trailing P/E is 17x in the Consumer Services industry in Asia. Total returns to shareholders of 79% over the past three years. Announcement • Jan 05
Al-Khaleej Training and Education Company Announces the Resignation of Omar Bin Abdulaziz Al-Bulahid as Member of the Audit Committee Al-Khaleej Training and Education Company announced the resignation of the member of the Audit Committee, Mr. Omar bin Abdulaziz Al-Bulahid - who submitted his resignation from the membership of the Audit Committee (an independent member from outside the Board) on January 3, 2023, based on his desire. The resignation was accepted by the Board of Directors on January 4, 2023, provided that this resignation takes effect from the date of submitting the resignation on January 3, 2023. Reported Earnings • Nov 21
Third quarter 2022 earnings released: EPS: ر.س0.14 (vs ر.س0.18 in 3Q 2021) Third quarter 2022 results: EPS: ر.س0.14. Revenue: ر.س213.9m (up 1.3% from 3Q 2021). Net income: ر.س9.24m (up 16% from 3Q 2021). Profit margin: 4.3% (up from 3.8% in 3Q 2021). Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: ر.س0.09 (vs ر.س0 in 2Q 2021) Second quarter 2022 results: EPS: ر.س0.09 (up from ر.س0 in 2Q 2021). Revenue: ر.س209.9m (up 8.5% from 2Q 2021). Net income: ر.س6.11m (up ر.س6.12m from 2Q 2021). Profit margin: 2.9% (up from 0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jul 06
Al Khaleej Training and Education Company (SASE:4290) acquired 60% stake in Al-Faisaliah National Schools Co. for SR 60 million. Al Khaleej Training and Education Company (SASE:4290) acquired 60% stake in Al-Faisaliah National Schools Co. for SR 60 million on July 5, 2022. The deal is subject to obtaining the necessary regulatory approvals.
Al Khaleej Training and Education Company (SASE:4290) completed the acquisition of 60% stake in Al-Faisaliah National Schools Co. on July 5, 2022. Reported Earnings • Jun 01
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: ر.س0.078 loss per share (up from ر.س0.17 loss in 1Q 2021). Revenue: ر.س231.2m (up 12% from 1Q 2021). Net loss: ر.س5.09m (loss narrowed 33% from 1Q 2021). Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • May 15
Al Khaleej Training and Education Company, Annual General Meeting, Jun 14, 2022 Al Khaleej Training and Education Company, Annual General Meeting, Jun 14, 2022, at 15:30 Coordinated Universal Time. Location: Street No. 64, intersecting east with Al Olaya Street, Building No. 9 in Al Olaya District, in Riyadh Riyadh Saudi Arabia Announcement • May 10
Al Khaleej Training and Education Company Announces the Appointment of Chairman of the Board of Directors Al Khaleej Training and Education Company announces the issuance of the Board of Directors- decision issued on 07/10/1443 AH corresponding to 08/05/2022 AD, appointing His Excellency Mr. Abdul Aziz bin Rashid Abdul Rahman Al-Rashed - Chairman of the Board of Directors (non-executive member), in succession to His Excellency Mr. Abdul Aziz bin Hammad Nasser Al-Blaihed And the appointment of His Excellency Mr. Ahmed bin Ali Ahmed Al-Shadawi - Vice Chairman of the Board of Directors (non-executive member). The Board of Directors would like to commend the great leadership made by His Excellency Mr. Abdulaziz bin Hammad Nasser Al-Balihad -during his Chairmanship of the Board of Directors of the company. Announcement • May 09
Al-Khaleej Training and Education Company Announces Demise of Mr. Abdulaziz Bin Hammad Nasser Al-Bilaihed, Chairman of the Board of Directors The Board of Directors, the Executive Management and all employees of Al-Khaleej Training and Education Company and its subsidiaries mourn His Excellency the Chairman of the Board, Mr. Abdul Aziz bin Hammad Nasser Al-Blaihed (Non-Executive Member), who passed away on 27 Ramadan 1443 AH corresponding to April 28, 2022 AD. Reported Earnings • Apr 09
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: ر.س0.46 (up from ر.س0.24 in FY 2020). Revenue: ر.س844.2m (up 7.2% from FY 2020). Net income: ر.س20.7m (up 93% from FY 2020). Profit margin: 2.5% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 100%. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Nov 08
Third quarter 2021 earnings released: EPS ر.س0.18 (vs ر.س0.14 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ر.س211.2m (up 15% from 3Q 2020). Net income: ر.س7.94m (up 22% from 3Q 2020). Profit margin: 3.8% (up from 3.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Price Target Changed • Nov 04
Price target decreased to ر.س11.81 Down from ر.س18.00, the current price target is provided by 1 analyst. New target price is 47% below last closing price of ر.س22.44. Stock is up 16% over the past year. The company is forecast to post earnings per share of ر.س0.21 for next year compared to ر.س0.24 last year. Reported Earnings • May 26
First quarter 2021 earnings released: ر.س0.17 loss per share (vs ر.س0.098 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: ر.س205.9m (down 3.7% from 1Q 2020). Net loss: ر.س7.60m (down 273% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Announcement • May 26
Al Khaleej Training and Education Company Approves the Recommendation to Distribute Cash Dividends for the Fiscal Year Ending December 31, 2020 The board of directors of the Al Khaleej Training and Education Company at its ordinary general assembly meeting held on May 25, 2021, approved the recommendation of the Board of Directors to distribute cash dividends to shareholders for the fiscal year ending December 31, 2020 at (0.25) quarter riyals per share, which equates to (2.5%) of the nominal value per share, with a total amount of (11,250,000) Eleven million, two hundred and fifty thousand riyals, provided that the shareholders who own the shares are entitled to the day of the assembly and who are registered in the company’s shareholders ’register with the Deposit Center at the end of the second trading day following the date of the association’s meeting and the date of the distribution of profits will be announced later. Reported Earnings • Apr 15
Full year 2020 earnings released: EPS ر.س0.24 (vs ر.س1.32 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ر.س787.3m (down 8.9% from FY 2019). Net income: ر.س10.7m (down 82% from FY 2019). Profit margin: 1.4% (down from 6.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 16
Al Khaleej Training and Education Company Announces the Appointment of the Chairman and Vice President of the Board of Directors and the Formation of the Board Committees for its New Session Al Khaleej Training and Education Company announces the appointment of the Chairman and Vice President of the Board of Directors and the formation of the Board Committees for its new session. Appointing Mr. Abdul Aziz bin Hammad Nasser Al-Balayd - Chairman of the Board of Directors, Appointing Mr. Abdul Aziz bin Rashid Al-Rashed as Vice Chairman of the Board of Directors. Appointing Mr. Abdul Aziz bin Hammad Nasser Al-Balayd - Chairman of the Board of Directors. Appointing Mr. Abdul Aziz bin Rashid Al-Rashed as Vice Chairman of the Board of Directors. Forming committees emanating from the Board of Directors: The Nomination and Remuneration Committee: where each of: Mr. Abdul Aziz bin Rashid Al-Rashid – Chairman, Mr. Abdul-Malik bin Abdul Rahman Al-Sheikh – Member, Mr. Abdullah bin Muhammad Suleiman Jabrin – Member. The Governance and Social Responsibility Committee: where each of the following were appointed: Dr. Ali bin Abdul-Khaleq Al-Qarni – Chairman, Mr. Abdul Aziz bin Rashid Al-Rashed – Member, Dr. Abdullah bin Sagheer Muhammad Al-Husseini – Member. The Audit Committee: It was approved to be formed in accordance with the decision of the General Assembly of shareholders on 21-12-2020 AD, as each of the following were appointed: Dr. Abdullah bin Sagheer Muhammad Al-Husseini – Chairman, Mr. Ahmed bin Ali Ahmed Al-Shidawi – Member, Mr. Omar bin Abdul Aziz Hammad Al-Bilhaid – Member, Mr. Loutfi Qassem Ahmed Shehadeh – Member Fourth: Appointing Engineer /Al-Walid bin Abdul Razzaq Al-Duraiaan - Managing Director of the Board of Directors. Fifthly: Appointing the below mentioned gentlemen as representatives of the company for all purposes related to the application of laws and regulations at the Capital Market Authority, the Saudi Stock Exchange Company (Tadawul), and the Securities Depository Center Company (Edaa): Engineer /Al-Walid Bin Abdul Razzaq Al-Duraiaan, Mr. Abdul Malik bin Abdul Rahman Al Sheikh, Appointing Professor /Adel Amin Othman - Secretary of the Board of Directors. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 16% share price gain to ر.س22.50, the stock is trading at a trailing P/E ratio of 17.4x, up from the previous P/E ratio of 15x. This compares to an average P/E of 21x in the Consumer Services industry in Asia. Total returns to shareholders over the past three years are 36%. Is New 90 Day High Low • Feb 04
New 90-day low: ر.س19.02 The company is down 2.0% from its price of ر.س19.32 on 05 November 2020. The Saudi market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is up 1.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS ر.س0.15 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ر.س184.0m (down 12% from 3Q 2019). Net income: ر.س6.53m (down 50% from 3Q 2019). Profit margin: 3.6% (down from 6.3% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Nov 10
Market bids up stock over the past week After last week's 16% share price gain to ر.س22.62, the stock is trading at a trailing P/E ratio of 15.7x, up from the previous P/E ratio of 13.5x. This compares to an average P/E of 19x in the Consumer Services industry in Asia. Total returns to shareholders over the past three years are 40%. Announcement • Nov 05
Al Khaleej Training and Education Company (SASE:4290) completed the acquisition of Portfolio of educational companies from Alkhabeer Capital. Al Khaleej Training and Education Company (SASE:4290) entered into non-binding memorandum of understanding to acquire Portfolio of educational companies from Alkhabeer Capital on August 6, 2020. Under the terms of consideration paid by Alkhaleej Training and Education Co. will be in combination of stock in Alkhaleej Training and Education Company and cash. The financial impact will be determined after the completion of the final evaluation. Wasatah Capital, Advisory Arm acted as financial advisor to Al Khaleej Training and Education Company in the deal.
Al Khaleej Training and Education Company (SASE:4290) completed the acquisition of Portfolio of educational companies from Alkhabeer Capital on November 3, 2020. Valuation Update With 7 Day Price Move • Oct 27
Market pulls back on stock over the past week After last week's 17% share price decline to ر.س21.50, the stock is trading at a trailing P/E ratio of 14.9x, down from the previous P/E ratio of 18.1x. This compares to an average P/E of 19x in the Consumer Services industry in Asia. Total returns to shareholders over the past three years are 26%. Is New 90 Day High Low • Oct 02
New 90-day high: ر.س27.00 The company is up 98% from its price of ر.س13.66 on 02 July 2020. The Saudi market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 9.0% over the same period. Announcement • Aug 10
Al Khaleej Training and Education Company (SASE:4290) entered into non-binding memorandum of understanding to acquire Portfolio of educational companies from Alkhabeer Capital. Al Khaleej Training and Education Company (SASE:4290) entered into non-binding memorandum of understanding to acquire Portfolio of educational companies from Alkhabeer Capital on August 6, 2020. Under the terms of consideration paid by Alkhaleej Training and Education Co. will be in combination of stock in Alkhaleej Training and Education Company and cash. The financial impact will be determined after the completion of the final evaluation. Wasatah Capital, Advisory Arm acted as financial advisor to Al Khaleej Training and Education Company in the deal. 
