New Risk • Jun 05
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 6.1% 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 Risk Earnings have declined by 42% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (ر.س285.0m market cap, or US$75.9m). Announcement • Jun 03
Development Works Food Company, Annual General Meeting, Jun 29, 2026 Development Works Food Company, Annual General Meeting, Jun 29, 2026, at 20:15 Arab Standard Time. Location: riyadh Saudi Arabia Reported Earnings • May 22
First quarter 2026 earnings released: EPS: ر.س0.04 (vs ر.س0.47 in 1Q 2025) First quarter 2026 results: EPS: ر.س0.04 (down from ر.س0.47 in 1Q 2025). Revenue: ر.س25.4m (down 6.9% from 1Q 2025). Net income: ر.س131.3k (down 91% from 1Q 2025). Profit margin: 0.5% (down from 5.2% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Apr 01
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 122% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks High level of debt (122% net debt to equity). Market cap is less than US$100m (ر.س268.5m market cap, or US$71.5m). Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: ر.س1.72 (vs ر.س0.12 loss in FY 2024) Full year 2025 results: EPS: ر.س1.72. Revenue: ر.س104.2m (up 7.0% from FY 2024). Net loss: ر.س5.58m (loss widened ر.س5.23m from FY 2024). New Risk • Nov 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س374.7m (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 23% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ر.س374.7m market cap, or US$99.9m). New Risk • Nov 16
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x 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 (1.2x net interest cover). Earnings have declined by 23% per year over the past 5 years. Reported Earnings • Nov 12
Third quarter 2025 earnings released: ر.س0.25 loss per share (vs ر.س0.13 profit in 3Q 2024) Third quarter 2025 results: ر.س0.25 loss per share (down from ر.س0.13 profit in 3Q 2024). Revenue: ر.س26.4m (up 1.9% from 3Q 2024). Net loss: ر.س945.0k (down 352% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. New Risk • Aug 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (ر.س306.0m market cap, or US$81.5m). Reported Earnings • Aug 07
Second quarter 2025 earnings released: EPS: ر.س0.36 (vs ر.س0.35 in 2Q 2024) Second quarter 2025 results: EPS: ر.س0.36 (up from ر.س0.35 in 2Q 2024). Revenue: ر.س28.7m (up 6.6% from 2Q 2024). Net income: ر.س1.09m (up 5.0% from 2Q 2024). Profit margin: 3.8% (down from 3.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Announcement • Jun 03
Development Works Food Company, Annual General Meeting, Jun 25, 2025 Development Works Food Company, Annual General Meeting, Jun 25, 2025, at 18:50 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • May 12
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.8x 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 (0.8x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ر.س345.6m market cap, or US$92.1m). Reported Earnings • May 07
Full year 2024 earnings released: EPS: ر.س0.43 (vs ر.س1.45 loss in FY 2023) Full year 2024 results: EPS: ر.س0.43 (up from ر.س1.45 loss in FY 2023). Revenue: ر.س97.4m (up 8.8% from FY 2023). Net income: ر.س1.30m (up ر.س5.66m from FY 2023). Profit margin: 1.3% (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 fallen by 12% per year but the company’s share price has fallen by 24% per year, which means it is performing significantly worse than earnings. Buy Or Sell Opportunity • Apr 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to ر.س109. The fair value is estimated to be ر.س137, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.4% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Mar 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س370.8m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ر.س370.8m market cap, or US$98.9m). New Risk • Nov 19
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 5.5% 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 Risk Earnings have declined by 56% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change). New Risk • Nov 18
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س367.8m (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ر.س367.8m market cap, or US$98.0m). Reported Earnings • Nov 13
Third quarter 2024 earnings released: EPS: ر.س0.13 (vs ر.س0.18 in 3Q 2023) Third quarter 2024 results: EPS: ر.س0.13 (down from ر.س0.18 in 3Q 2023). Revenue: ر.س25.9m (up 8.6% from 3Q 2023). Net income: ر.س351.0k (down 34% from 3Q 2023). Profit margin: 1.4% (down from 2.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 14
Second quarter 2024 earnings released: EPS: ر.س0.35 (vs ر.س0.10 in 2Q 2023) Second quarter 2024 results: EPS: ر.س0.35 (up from ر.س0.10 in 2Q 2023). Revenue: ر.س26.9m (down 1.0% from 2Q 2023). Net income: ر.س1.04m (up 229% from 2Q 2023). Profit margin: 3.9% (up from 1.2% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Sep 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.5% to ر.س122. The fair value is estimated to be ر.س155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Announcement • Jun 10
Development Works Food Company, Annual General Meeting, Jun 30, 2024 Development Works Food Company, Annual General Meeting, Jun 30, 2024, at 19:40 Arab Standard Time. Location: riyadh Saudi Arabia New Risk • May 30
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 143% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 63% per year over the past 5 years. Minor Risks High level of debt (143% net debt to equity). Market cap is less than US$100m (ر.س369.0m market cap, or US$98.4m). New Risk • May 23
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 143% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 63% per year over the past 5 years. Minor Risk High level of debt (143% net debt to equity). Reported Earnings • May 09
Full year 2023 earnings released: ر.س1.45 loss per share (vs ر.س1.07 loss in FY 2022) Full year 2023 results: ر.س1.45 loss per share (further deteriorated from ر.س1.07 loss in FY 2022). Revenue: ر.س89.4m (down 9.3% from FY 2022). Net loss: ر.س4.36m (loss widened 35% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. New Risk • Apr 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س371.4m (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 61% per year over the past 5 years. Minor Risks High level of debt (46% net debt to equity). Market cap is less than US$100m (ر.س371.4m market cap, or US$99.0m). Announcement • Apr 03
Development Works Food Company to Report Fiscal Year 2023 Results on May 06, 2024 Development Works Food Company announced that they will report fiscal year 2023 results on May 06, 2024 Announcement • Apr 01
Development Works Food Company to Report Fiscal Year 2023 Results on Apr 14, 2024 Development Works Food Company announced that they will report fiscal year 2023 results on Apr 14, 2024 New Risk • Feb 01
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س373.8m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Earnings have declined by 61% per year over the past 5 years. Minor Risks High level of debt (46% net debt to equity). Market cap is less than US$100m (ر.س373.8m market cap, or US$99.7m). Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ر.س0.18 (vs ر.س0.15 in 3Q 2022) Third quarter 2023 results: EPS: ر.س0.18 (up from ر.س0.15 in 3Q 2022). Revenue: ر.س23.9m (down 3.6% from 3Q 2022). Net income: ر.س534.9k (up 21% from 3Q 2022). Profit margin: 2.2% (up from 1.8% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. New Risk • Oct 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Saudi stocks, typically moving 6.7% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (6.7% average weekly change). Earnings have declined by 55% per year over the past 5 years. Minor Risks High level of debt (51% net debt to equity). Market cap is less than US$100m (ر.س303.0m market cap, or US$80.8m). New Risk • Oct 07
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 51% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks High level of debt (51% net debt to equity). Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (ر.س316.8m market cap, or US$84.5m). New Risk • Aug 22
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 5.6% 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 Risk Earnings have declined by 55% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (ر.س359.4m market cap, or US$95.8m). Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: ر.س0.12 (vs ر.س1.01 in 2Q 2022) Second quarter 2023 results: EPS: ر.س0.12 (down from ر.س1.01 in 2Q 2022). Revenue: ر.س27.2m (down 20% from 2Q 2022). Net income: ر.س361.0k (down 88% from 2Q 2022). Profit margin: 1.3% (down from 9.0% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. New Risk • Aug 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ر.س373.2m (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 48% per year over the past 5 years. Minor Risks High level of debt (63% net debt to equity). Market cap is less than US$100m (ر.س373.2m market cap, or US$99.5m). Announcement • Dec 06
Development Works Food Co. Announces Management Changes Development Works Food Co. announced the approval of the Board of Directors on 05-12-2022 AD on the resignation of a member of the Audit Committee, Mr. Hassan Omer Bakhamis (independent member), provided that the resignation takes effect as of 05-12-2022 AD. The Council also approved the appointment of Mr. Abdulaziz Mohammed Aba Btain (independent member) in the Audit Committee until the end of the current session of the Council, starting from 06-12-2022 AD, and this was presented to the General Assembly for approval. Name of Resigning Member Hassan Omer Bakhamis. Resignation Submission Date 2022-11-28 Corresponding to 1444-05-04 . Resignation Effective Date 2022-12-05 Corresponding to 1444-05-11. Reasons for Resignation private. Resigning Member Start Date 2021-10-30 Corresponding to 1443-03-24. Appointed Member Name: Abdulaziz Mohammed Aba Btain. Membership Start Date 2022-12-06 Corresponding to 1444-05-12. Brief Resume of the Appointed Member: He holds a master's degree in financial management and has long experience in the field of financial and auditing, with an experience of about 20 years and has held many leadership positions in the Kingdom. Board Approval: Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Abdullah bin Al-Fadhli was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: ر.س0.17 (vs ر.س0.26 in 3Q 2021) Third quarter 2022 results: EPS: ر.س0.17 (down from ر.س0.26 in 3Q 2021). Revenue: ر.س24.7m (down 25% from 3Q 2021). Net income: ر.س503.0k (down 35% from 3Q 2021). Profit margin: 2.0% (down from 2.3% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 62% per year, which means it is well ahead of earnings. Reported Earnings • Jul 29
Second quarter 2022 earnings released: EPS: ر.س1.09 (vs ر.س0.85 in 2Q 2021) Second quarter 2022 results: EPS: ر.س1.09 (up from ر.س0.85 in 2Q 2021). Revenue: ر.س33.8m (up 37% from 2Q 2021). Net income: ر.س3.04m (up 19% from 2Q 2021). Profit margin: 9.0% (down from 10% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 78% per year, which means it is well ahead of earnings. Announcement • May 27
Development Works Food Co. Ltd, Annual General Meeting, Jun 16, 2022 Development Works Food Co. Ltd, Annual General Meeting, Jun 16, 2022, at 18:30 Arabian Standard Time. Agenda: To consider the financial statements for the fiscal year ending on December 31, 2021; to consider the report of the Board of Directors for the fiscal year ending on December 31, 2021; to absolve the members of the Board of Directors from liability for the fiscal year ending on December 31, 2021; to consider the auditor's report for the fiscal year ending on December 31, 2021; to consider the report of the Audit Committee for the fiscal year ending on December 31, 2021; to consider appointing an auditor for the company from among the candidates based on the recommendation of the Audit Committee, in order to examine, review and audit the financial statements for the first, second, third, fourth and annual quarters of the fiscal year 2022 AD and for the first quarter of 2023 AD and determine his fees; and to consider others. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Abdullah bin Al-Fadhli was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: ر.س0.68 (vs ر.س1.06 loss in FY 2020) Full year 2021 results: EPS: ر.س0.68 (up from ر.س1.06 loss in FY 2020). Revenue: ر.س100.9m (up 6.7% from FY 2020). Net income: ر.س2.35m (up ر.س5.52m from FY 2020). Profit margin: 2.3% (up from net loss in FY 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 101% per year, which means it is well ahead of earnings. Reported Earnings • Jul 11
First quarter 2021 earnings released: EPS ر.س0.047 (vs ر.س1.57 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: ر.س19.8m (down 25% from 1Q 2020). Net income: ر.س117.6k (up ر.س4.04m from 1Q 2020). Profit margin: 0.6% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 81% per year, which means it is well ahead of earnings. Announcement • May 21
Development Works Food Co. Ltd (SASE:9501) signed a memorandum of understanding to acquire Seafood Restaurants Company. Development Works Food Co. Ltd (SASE:9501) signed a memorandum of understanding to acquire Seafood Restaurants Company on May 19, 2021. Development Works Food will acquire 100% of Seafood Restaurants shares in exchange for the issuance of shares in the Food Development Business Company. The procedures for the proposed acquisition are subject to the approval of the extraordinary general assembly of the Food Development Business Company and the approval of the relevant regulatory authorities. Is New 90 Day High Low • Feb 20
New 90-day high: ر.س250 The company is up 67% from its price of ر.س150 on 19 November 2020. The Saudi market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is flat over the same period. Reported Earnings • Jan 22
Third quarter 2020 earnings released: EPS ر.س0.26 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ر.س29.7m (down 20% from 3Q 2019). Net income: ر.س661.2k (down 73% from 3Q 2019). Profit margin: 2.2% (down from 6.6% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 93% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 07
New 90-day high: ر.س229 The company is up 61% from its price of ر.س142 on 08 October 2020. The Saudi market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: ر.س200 The company is up 94% from its price of ر.س103 on 10 September 2020. The Saudi market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 6.0% over the same period. Is New 90 Day High Low • Nov 03
New 90-day high: ر.س151 The company is up 159% from its price of ر.س58.20 on 05 August 2020. The Saudi market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 1.0% over the same period. Valuation Update With 7 Day Price Move • Nov 01
Market bids up stock over the past week After last week's 24% share price gain to ر.س144, the stock is trading at a trailing P/E ratio of 43.4x, up from the previous P/E ratio of 34.9x. This compares to an average P/E of 49x in the Hospitality industry in Saudi Arabia. Total returns to shareholders over the past three years are 265%. Valuation Update With 7 Day Price Move • Oct 26
Market pulls back on stock over the past week After last week's 21% share price decline to ر.س116, the stock is trading at a trailing P/E ratio of 34.9x, down from the previous P/E ratio of 44x. This compares to an average P/E of 50x in the Hospitality industry in Saudi Arabia. Total returns to shareholders over the past three years are 227%. Is New 90 Day High Low • Oct 14
New 90-day high: ر.س149 The company is up 151% from its price of ر.س59.40 on 16 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 Hospitality industry, which is up 15% over the same period. Is New 90 Day High Low • Sep 23
New 90-day high: ر.س136 The company is up 141% from its price of ر.س56.70 on 25 June 2020. The Saudi market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 17% over the same period.