SASE:2120

Stock Analysis Report

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Market Cap

ر.س2.8b

Last Updated

2021/07/30 14:02 UTC

Data Sources

Company Financials

Executive Summary

Saudi Advanced Industries Company invests in various industrial projects in the Kingdom of Saudi Arabia. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2120 is more volatile than 90% of SA stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 2120's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of SA stocks.


Market Performance


7 Day Return

-1.1%

2120

1.9%

SA Diversified Financial

0.6%

SA Market


1 Year Return

306.8%

2120

36.1%

SA Diversified Financial

15.1%

SA Market

Return vs Industry: 2120 exceeded the SA Diversified Financial industry which returned 36.7% over the past year.

Return vs Market: 2120 exceeded the SA Market which returned 14.8% over the past year.


Shareholder returns

2120IndustryMarket
7 Day-1.1%1.9%0.6%
30 Day-2.5%2.8%-0.3%
90 Day52.6%8.2%0.3%
1 Year315.5%306.8%44.1%36.1%19.5%15.1%
3 Year326.8%310.4%28.6%16.8%43.7%30.5%
5 Year440.5%400.0%61.0%37.3%106.8%75.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Saudi Advanced Industries undervalued compared to its fair value and its price relative to the market?

79.09x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 2120's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 2120's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 2120 is poor value based on its PE Ratio (79.1x) compared to the Asian Diversified Financial industry average (14.7x).

PE vs Market: 2120 is poor value based on its PE Ratio (79.1x) compared to the SA market (33.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2120's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2120 is overvalued based on its PB Ratio (3.1x) compared to the XA Diversified Financial industry average (0.8x).


Future Growth

How is Saudi Advanced Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.1%

Forecasted Diversified Financials 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 Saudi Advanced Industries 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.


Past Performance

How has Saudi Advanced Industries performed over the past 5 years?

24.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2120 has high quality earnings.

Growing Profit Margin: 2120's current net profit margins (76%) are higher than last year (66.8%).


Past Earnings Growth Analysis

Earnings Trend: 2120 has become profitable over the past 5 years, growing earnings by 24.6% per year.

Accelerating Growth: 2120's earnings growth over the past year (6.1%) is below its 5-year average (24.6% per year).

Earnings vs Industry: 2120 earnings growth over the past year (6.1%) underperformed the Diversified Financial industry 10.6%.


Return on Equity

High ROE: 2120's Return on Equity (4%) is considered low.


Financial Health

How is Saudi Advanced Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 2120's short term assets (SAR38.0M) exceed its short term liabilities (SAR2.8M).

Long Term Liabilities: 2120's short term assets (SAR38.0M) exceed its long term liabilities (SAR2.3M).


Debt to Equity History and Analysis

Debt Level: 2120 is debt free.

Reducing Debt: 2120 has no debt compared to 5 years ago when its debt to equity ratio was 5.6%.

Debt Coverage: 2120 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2120 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Saudi Advanced Industries's current dividend yield, its reliability and sustainability?

0.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2120's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.46%).

High Dividend: 2120's dividend (0.91%) is low compared to the top 25% of dividend payers in the SA market (4.32%).


Stability and Growth of Payments

Stable Dividend: 2120 is not paying a notable dividend for the SA market, therefore no need to check if payments are stable.

Growing Dividend: 2120 is not paying a notable dividend for the SA market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 2120 is not paying a notable dividend for the SA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2120's dividend in 3 years as they are not forecast to pay a notable one for the SA market.


Next Steps

Management

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

1.5yrs

Average board tenure


CEO

Saad Al-Shammary

no data

Tenure

Engr. Saad Ammash Al-Shammary serves as Chief Executive Officer at Saudi Advanced Industries Company and served as its General Manager.


Board Members

Experienced Board: 2120's board of directors are not considered experienced ( 1.5 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 Advanced Industries Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Saudi Advanced Industries Company
  • Ticker: 2120
  • Exchange: SASE
  • Founded: 1987
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Market Cap: ر.س2.750b
  • Shares outstanding: 50.00m
  • Website: https://saic.com.sa

Location

  • Saudi Advanced Industries Company
  • Takhasusi Street with Othman bin Affan Road
  • PO Box 51743
  • Riyadh
  • 11553
  • Saudi Arabia

Listings


Biography

Saudi Advanced Industries Company invests in various industrial projects in the Kingdom of Saudi Arabia. It operates in Petrochemical, Glass Industry, Industrial Services, Financial Services and Investment...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 14:02
End of Day Share Price2021/07/29 00:00
Earnings2021/03/31
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.