Saudi Arabia Refineries Co. engages in the extraction of crude oil and construction of refineries, petrochemical plants, bumpers, and refineries.
No risks detected for 2030 from our risk checks.
Flawless balance sheet with acceptable track record.
Share Price & News
How has Saudi Arabia Refineries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2030 has not had significant price volatility in the past 3 months.
7 Day Return
SA Oil and Gas
1 Year Return
SA Oil and Gas
Return vs Industry: 2030 exceeded the SA Oil and Gas industry which returned -21.1% over the past year.
Return vs Market: 2030 exceeded the SA Market which returned -17.9% over the past year.
Price Volatility Vs. Market
How volatile is Saudi Arabia Refineries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIs Saudi Arabia Refineries Co.'s (TADAWUL:2030) High P/E Ratio A Problem For Investors?
1 month ago | Simply Wall StThe Saudi Arabia Refineries (TADAWUL:2030) Share Price Is Down 48% So Some Shareholders Are Getting Worried
2 months ago | Simply Wall StHere's Why We're Wary Of Buying Saudi Arabia Refineries Co.'s (TADAWUL:2030) For Its Upcoming Dividend
Is Saudi Arabia Refineries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2030 (SAR35.4) is trading above our estimate of fair value (SAR17.36)
Significantly Below Fair Value: 2030 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2030 is poor value based on its PE Ratio (30.6x) compared to the Oil and Gas industry average (9.7x).
PE vs Market: 2030 is poor value based on its PE Ratio (30.6x) compared to the SA market (21x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2030's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2030 is good value based on its PB Ratio (1.6x) compared to the SA Oil and Gas industry average (1.6x).
How is Saudi Arabia Refineries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy 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 Arabia Refineries 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.
How has Saudi Arabia Refineries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2030 has high quality earnings.
Growing Profit Margin: 2030's current net profit margins (79.7%) are lower than last year (82.4%).
Past Earnings Growth Analysis
Earnings Trend: 2030's earnings have grown significantly by 20.8% per year over the past 5 years.
Accelerating Growth: 2030's earnings growth over the past year (18.5%) is below its 5-year average (20.8% per year).
Earnings vs Industry: 2030 earnings growth over the past year (18.5%) exceeded the Oil and Gas industry -4.3%.
Return on Equity
High ROE: 2030's Return on Equity (5.3%) is considered low.
How is Saudi Arabia Refineries's financial position?
Financial Position Analysis
Short Term Liabilities: 2030's short term assets (SAR41.0M) exceed its short term liabilities (SAR9.8M).
Long Term Liabilities: 2030's short term assets (SAR41.0M) exceed its long term liabilities (SAR558.6K).
Debt to Equity History and Analysis
Debt Level: 2030 is debt free.
Reducing Debt: 2030 has not had any debt for past 5 years.
Debt Coverage: 2030 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2030 has no debt, therefore coverage of interest payments is not a concern.
What is Saudi Arabia Refineries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2030's dividend (2.12%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (2.68%).
High Dividend: 2030's dividend (2.12%) is low compared to the top 25% of dividend payers in the SA market (6.41%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 2030 has been paying a dividend for less than 10 years.
Growing Dividend: 2030's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.9%), 2030's dividend payments are covered by earnings.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Muhammad Bin Turki Aal Saud
Prince. Muhammad Bin Khalid Bin Turki Aal Saud has been Vice-Chairman and Managing Director at Saudi Arabia Refineries Company since May 4, 2012 and also served as its Manager.
|Vice-Chairman & MD||8.17yrs||no data||no data|
|Independent Director||no data||no data||no data|
|Chairman||8.17yrs||no data||no data|
|Independent Director||no data||no data||0.025% SAR132.8k|
|Independent Director||no data||no data||no data|
|Independent Director||no data||no data||0.0080% SAR42.5k|
|Director||no data||no data||no data|
|Independent Director||4.42yrs||no data||0.0067% SAR35.4k|
Experienced Board: 2030's board of directors are considered experienced (8.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Saudi Arabia Refineries Co.'s company bio, employee growth, exchange listings and data sources
- Name: Saudi Arabia Refineries Co.
- Ticker: 2030
- Exchange: SASE
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: ر.س531.000m
- Shares outstanding: 15.00m
- Website: https://www.almasafi.com.sa
- Saudi Arabia Refineries Co.
- Adham Center
- Saudi Arabia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2030||SASE (Saudi Arabian Stock Exchange)||Yes||Common Shares||SA||SAR||Apr 2006|
Saudi Arabia Refineries Co. engages in the extraction of crude oil and construction of refineries, petrochemical plants, bumpers, and refineries. It is also involved in the purchase and sale of lands and other real estate; and management and leasing of non-residential real estate properties, as well as dealing in securities. Saudi Arabia Refineries Co. is based in Jeddah, the Kingdom of Saudi Arabia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/04 16:36|
|End of Day Share Price||2020/07/02 00:00|
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.