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Market Cap

ر.س6.3b

Last Updated

2021/04/19 14:02 UTC

Data Sources

Company Financials +

Executive Summary

Saudi Airlines Catering Company offers catering and other support services to flights operated by Saudi Arabian and other airlines in the Kingdom of Saudi Arabia. More Details


Snowflake Analysis

High growth potential with mediocre balance sheet.

Share Price & News

How has Saudi Airlines Catering's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6004 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 6004's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

0.5%

6004

0.6%

SA Hospitality

0.2%

SA Market


1 Year Return

7.2%

6004

37.7%

SA Hospitality

25.2%

SA Market

Return vs Industry: 6004 underperformed the SA Hospitality industry which returned 37.7% over the past year.

Return vs Market: 6004 underperformed the SA Market which returned 25.2% over the past year.


Shareholder returns

6004IndustryMarket
7 Day0.5%0.6%0.2%
30 Day0.9%0.1%2.5%
90 Day-1.7%0.2%4.3%
1 Year7.2%7.2%38.3%37.7%30.2%25.2%
3 Year3.6%-9.2%17.5%9.7%31.2%18.9%
5 Year-6.8%-28.7%-4.8%-17.5%77.2%50.0%

Long-Term Price Volatility Vs. Market

How volatile is Saudi Airlines Catering's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Saudi Airlines Catering undervalued compared to its fair value and its price relative to the market?

7.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 6004 (SAR76.4) is trading above our estimate of fair value (SAR45.06)

Significantly Below Fair Value: 6004 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6004 is unprofitable, so we can't compare its PE Ratio to the XA Hospitality industry average.

PE vs Market: 6004 is unprofitable, so we can't compare its PE Ratio to the SA market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6004's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6004 is overvalued based on its PB Ratio (7.3x) compared to the SA Hospitality industry average (5.1x).


Future Growth

How is Saudi Airlines Catering forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

46.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6004 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (8.9%).

Earnings vs Market: 6004 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 6004's is expected to become profitable in the next 3 years.

Revenue vs Market: 6004's revenue (13.4% per year) is forecast to grow faster than the SA market (12.1% per year).

High Growth Revenue: 6004's revenue (13.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6004's Return on Equity is forecast to be high in 3 years time (27.7%)


Past Performance

How has Saudi Airlines Catering performed over the past 5 years?

-27.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6004 is currently unprofitable.

Growing Profit Margin: 6004 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6004 is unprofitable, and losses have increased over the past 5 years at a rate of 27.2% per year.

Accelerating Growth: Unable to compare 6004's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6004 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-46.6%).


Return on Equity

High ROE: 6004 has a negative Return on Equity (-38.91%), as it is currently unprofitable.


Financial Health

How is Saudi Airlines Catering's financial position?


Financial Position Analysis

Short Term Liabilities: 6004's short term assets (SAR1.3B) exceed its short term liabilities (SAR869.1M).

Long Term Liabilities: 6004's short term assets (SAR1.3B) exceed its long term liabilities (SAR577.8M).


Debt to Equity History and Analysis

Debt Level: 6004's debt to equity ratio (34.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 6004's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6004's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 6004's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Saudi Airlines Catering current dividend yield, its reliability and sustainability?

7.26%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6004's dividend (7.26%) is higher than the bottom 25% of dividend payers in the SA market (1.66%).

High Dividend: 6004's dividend (7.26%) is in the top 25% of dividend payers in the SA market (4.38%)


Stability and Growth of Payments

Stable Dividend: 6004 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 6004's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: 6004 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: 6004's dividends in 3 years are forecast to be covered by earnings (84.9% payout ratio).


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Wajdy Al-Ghabban

5.58yrs

Tenure

Mr. Wajdy Mohamed Al-Ghabban has been Chief Executive Officer of Saudi Airlines Catering Company since September 1, 2015. He serves as Managing Director of SACC for Catering Services Co. and Board member a...


Leadership Team

Experienced Management: 6004's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: 6004's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

Saudi Airlines Catering Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Saudi Airlines Catering Company
  • Ticker: 6004
  • Exchange: SASE
  • Founded: 1981
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: ر.س6.265b
  • Shares outstanding: 82.00m
  • Website: https://www.saudiacatering.com/en/home

Number of Employees


Location

  • Saudi Airlines Catering Company
  • A1 Saeb A1 Jamari Street
  • Prince Sultan Bin Abdulaziz Road
  • Jeddah
  • 21413
  • Saudi Arabia

Listings


Biography

Saudi Airlines Catering Company offers catering and other support services to flights operated by Saudi Arabian and other airlines in the Kingdom of Saudi Arabia. The company operates through three segment...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 14:02
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
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.