SASE:4280

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Market Cap

ر.س38.9b

Last Updated

2021/06/18 11:53 UTC

Data Sources

Company Financials +

Executive Summary

Kingdom Holding Company is a private equity firm specializing in making investments in banking and financial services, real estate, luxury hotels and hotel management, digital services, e-commerce, investment funds, hospitality, aviation, petrochemicals, media and publishing, entertainment, healthcare including healthcare provision and healthcare management and consultancy, education, energy, manufacturing, consumer and retail, agriculture, social media, technology, and industrial sectors. More Details


Snowflake Analysis

High growth potential second-rate dividend payer.

Share Price & News

How has Kingdom Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4280 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 4280's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

2.3%

4280

-1.3%

SA Diversified Financial

-0.07%

SA Market


1 Year Return

51.3%

4280

33.9%

SA Diversified Financial

15.5%

SA Market

Return vs Industry: 4280 exceeded the SA Diversified Financial industry which returned 33.9% over the past year.

Return vs Market: 4280 exceeded the SA Market which returned 15.5% over the past year.


Shareholder returns

4280IndustryMarket
7 Day2.3%-1.3%-0.07%
30 Day15.0%2.8%0.7%
90 Day34.4%3.7%4.1%
1 Year61.5%51.3%42.0%33.9%19.9%15.5%
3 Year46.3%20.6%24.3%12.8%41.8%28.3%
5 Year26.6%-5.4%66.6%42.5%94.7%64.9%

Long-Term Price Volatility Vs. Market

How volatile is Kingdom Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kingdom Holding undervalued compared to its fair value and its price relative to the market?

1.2x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 4280's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 4280's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 4280 is unprofitable, so we can't compare its PE Ratio to the Asian Diversified Financial industry average.

PE vs Market: 4280 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 4280's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4280 is overvalued based on its PB Ratio (1.2x) compared to the XA Diversified Financial industry average (0.8x).


Future Growth

How is Kingdom Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

142.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4280 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (8.8%).

Earnings vs Market: 4280 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 4280's is expected to become profitable in the next 3 years.

Revenue vs Market: 4280's revenue (48.2% per year) is forecast to grow faster than the SA market (3.9% per year).

High Growth Revenue: 4280's revenue (48.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 4280's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Kingdom Holding performed over the past 5 years?

-36.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4280 is currently unprofitable.

Growing Profit Margin: 4280 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 4280 is unprofitable, and losses have increased over the past 5 years at a rate of 36.6% per year.

Accelerating Growth: Unable to compare 4280's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 4280 is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (7.5%).


Return on Equity

High ROE: 4280 has a negative Return on Equity (-4.1%), as it is currently unprofitable.


Financial Health

How is Kingdom Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 4280's short term assets (SAR1.6B) do not cover its short term liabilities (SAR7.7B).

Long Term Liabilities: 4280's short term assets (SAR1.6B) do not cover its long term liabilities (SAR8.5B).


Debt to Equity History and Analysis

Debt Level: 4280's debt to equity ratio (41.5%) is considered high.

Reducing Debt: 4280's debt to equity ratio has reduced from 42.4% to 41.5% over the past 5 years.

Debt Coverage: 4280's debt is not well covered by operating cash flow (5.7%).

Interest Coverage: 4280 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is Kingdom Holding current dividend yield, its reliability and sustainability?

4.76%

Current Dividend Yield


Upcoming Dividend Payment

TodayJun 18 2021Ex Dividend DateJul 01 2021Dividend Pay DateJul 18 202117 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 4280's dividend (4.77%) is higher than the bottom 25% of dividend payers in the SA market (1.51%).

High Dividend: 4280's dividend (4.77%) is in the top 25% of dividend payers in the SA market (4.53%)


Stability and Growth of Payments

Stable Dividend: 4280's dividends per share have been stable in the past 10 years.

Growing Dividend: 4280's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 4280 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.7yrs

Average management tenure


CEO

Talal Almaiman

4.42yrs

Tenure

Eng. Talal Ibrahim Almaiman has been Vice Chairman at flynas Company LCC. He has been the Chief Executive Officer and Executive Director of Kingdom Holdings Company since January 10, 2017. He is the Chairm...


Leadership Team

Experienced Management: 4280's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: 4280's board of directors are considered experienced (3.1 years average tenure).


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

Kingdom Holding Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kingdom Holding Company
  • Ticker: 4280
  • Exchange: SASE
  • Founded: 1980
  • Industry: Multi-Sector Holdings
  • Sector: Diversified Financials
  • Market Cap: ر.س38.912b
  • Shares outstanding: 3.71b
  • Website: https://www.kingdom.com.sa

Location

  • Kingdom Holding Company
  • Kingdom Centre
  • 66th Floor
  • Riyadh
  • 11321
  • Saudi Arabia

Listings


Biography

Kingdom Holding Company is a private equity firm specializing in making investments in banking and financial services, real estate, luxury hotels and hotel management, digital services, e-commerce, investm...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 11:53
End of Day Share Price2021/06/17 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.