Rabigh Refining and Petrochemical Company engages in the development, construction, and operation of an integrated refining and petrochemical complex in the Middle East, the Asia Pacific, and internationally. More Details
Reasonable growth potential and overvalued.
Share Price & News
How has Rabigh Refining and Petrochemical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2380 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 2380's weekly volatility (4%) has been stable over the past year.
7 Day Return
SA Oil and Gas
1 Year Return
SA Oil and Gas
Return vs Industry: 2380 exceeded the SA Oil and Gas industry which returned 7% over the past year.
Return vs Market: 2380 exceeded the SA Market which returned 15.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Rabigh Refining and Petrochemical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StReturns On Capital Are Showing Encouraging Signs At Rabigh Refining and Petrochemical (TADAWUL:2380)
2 months ago | Simply Wall StBullish: Analysts Just Made An Incredible Upgrade To Their Rabigh Refining and Petrochemical Company (TADAWUL:2380) Forecasts
Is Rabigh Refining and Petrochemical undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 2380 (SAR22.2) is trading above our estimate of fair value (SAR2.08)
Significantly Below Fair Value: 2380 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2380 is unprofitable, so we can't compare its PE Ratio to the Asian Oil and Gas industry average.
PE vs Market: 2380 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 2380's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2380 is good value based on its PB Ratio (2.8x) compared to the SA Oil and Gas industry average (4.5x).
How is Rabigh Refining and Petrochemical forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2380 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (8.8%).
Earnings vs Market: 2380 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 2380's is expected to become profitable in the next 3 years.
Revenue vs Market: 2380's revenue (12% per year) is forecast to grow faster than the SA market (3.9% per year).
High Growth Revenue: 2380's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2380's Return on Equity is forecast to be low in 3 years time (5.4%).
How has Rabigh Refining and Petrochemical performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2380 is currently unprofitable.
Growing Profit Margin: 2380 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2380 is unprofitable, and losses have increased over the past 5 years at a rate of 39.6% per year.
Accelerating Growth: Unable to compare 2380's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2380 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (0.7%).
Return on Equity
High ROE: 2380 has a negative Return on Equity (-19.46%), as it is currently unprofitable.
How is Rabigh Refining and Petrochemical's financial position?
Financial Position Analysis
Short Term Liabilities: 2380's short term assets (SAR12.1B) do not cover its short term liabilities (SAR21.6B).
Long Term Liabilities: 2380's short term assets (SAR12.1B) do not cover its long term liabilities (SAR43.9B).
Debt to Equity History and Analysis
Debt Level: 2380's debt to equity ratio (623.9%) is considered high.
Reducing Debt: 2380's debt to equity ratio has increased from 474.6% to 623.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 2380 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2380 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Rabigh Refining and Petrochemical current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2380's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2380's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2380's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2380's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 2380 is not paying a notable dividend for the SA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2380's dividend in 3 years as they are not forecast to pay a notable one for the SA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eng. Othman Ali Al-Ghamdi has been Chief Executive Officer and Executive Director Rabigh Refining and Petrochemical Company since January 1, 2021 and serves as its President. He had been Chief Executive Of...
Experienced Management: 2380's management team is considered experienced (4.8 years average tenure).
Experienced Board: 2380's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Rabigh Refining and Petrochemical Company's company bio, employee growth, exchange listings and data sources
- Name: Rabigh Refining and Petrochemical Company
- Ticker: 2380
- Exchange: SASE
- Founded: 2005
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: ر.س19.447b
- Shares outstanding: 876.00m
- Website: https://www.petrorabigh.com
- Rabigh Refining and Petrochemical Company
- PO Box 101
- Saudi Arabia
Rabigh Refining and Petrochemical Company engages in the development, construction, and operation of an integrated refining and petrochemical complex in the Middle East, the Asia Pacific, and international...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 15:58|
|End of Day Share Price||2021/06/17 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.