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.
Price History & Performance
|Historical stock prices|
|Current Share Price||ر.س26.90|
|52 Week High||ر.س11.92|
|52 Week Low||ر.س28.35|
|1 Month Change||16.65%|
|3 Month Change||21.50%|
|1 Year Change||88.90%|
|3 Year Change||15.75%|
|5 Year Change||192.07%|
|Change since IPO||-45.38%|
Recent News & Updates
Returns On Capital Are Showing Encouraging Signs At Rabigh Refining and Petrochemical (TADAWUL:2380)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Bullish: Analysts Just Made An Incredible Upgrade To Their Rabigh Refining and Petrochemical Company (TADAWUL:2380) Forecasts
Celebrations may be in order for Rabigh Refining and Petrochemical Company ( TADAWUL:2380 ) shareholders, with the...
|2380||SA Oil and Gas||SA Market|
Return vs Industry: 2380 exceeded the SA Oil and Gas industry which returned -4.4% over the past year.
Return vs Market: 2380 exceeded the SA Market which returned 5.2% over the past year.
Stable Share Price: 2380 is more volatile than 75% of SA stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 2380's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of SA stocks.
About the Company
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. The company operates through Refined Products and Petrochemicals segments. It offers polymers, such as linear low density polyethylene, high density polyethylene, homopolymer polypropylene, impact copolymer polypropylene, ethylene vinyl acetate, ethylene propylene rubber, termo plastic olefin TPO, poly methyl methacrylate, and polyamide 6; and monomers, including propylene oxide, methyl methacrylate, phenol, acetone, para xylene, BENZEN, and mono ethylene glycol.
Rabigh Refining and Petrochemical Fundamentals Summary
|2380 fundamental statistics|
Is 2380 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2380 income statement (TTM)|
|Cost of Revenue||ر.س32.85b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.93|
|Net Profit Margin||2.25%|
How did 2380 perform over the long term?See historical performance and comparison
Is Rabigh Refining and Petrochemical 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: 2380 (SAR26.9) is trading above our estimate of fair value (SAR2.77)
Significantly Below Fair Value: 2380 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2380 is good value based on its PE Ratio (28.8x) compared to the SA Oil and Gas industry average (31.2x).
PE vs Market: 2380 is good value based on its PE Ratio (28.8x) compared to the SA market (31x).
Price to Earnings Growth Ratio
PEG Ratio: 2380's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 2380 is good value based on its PB Ratio (3.1x) compared to the SA Oil and Gas industry average (3.9x).
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's earnings are forecast to decline over the next 3 years (-35% per year).
Earnings vs Market: 2380's earnings are forecast to decline over the next 3 years (-35% per year).
High Growth Earnings: 2380's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 2380's revenue (6.1% per year) is forecast to grow faster than the SA market (3.1% per year).
High Growth Revenue: 2380's revenue (6.1% 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 (7.4%).
How has Rabigh Refining and Petrochemical performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2380 has high quality earnings.
Growing Profit Margin: 2380 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 2380 has become profitable over the past 5 years, growing earnings by -36.8% per year.
Accelerating Growth: 2380 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 2380 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (12.3%).
Return on Equity
High ROE: 2380's Return on Equity (10.8%) is considered low.
How is Rabigh Refining and Petrochemical's financial position?
Financial Position Analysis
Short Term Liabilities: 2380's short term assets (SAR14.3B) do not cover its short term liabilities (SAR22.7B).
Long Term Liabilities: 2380's short term assets (SAR14.3B) do not cover its long term liabilities (SAR43.4B).
Debt to Equity History and Analysis
Debt Level: 2380's debt to equity ratio (557.8%) is considered high.
Reducing Debt: 2380's debt to equity ratio has increased from 466.8% to 557.8% over the past 5 years.
Debt Coverage: 2380's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2380's interest payments on its debt are not well covered by EBIT (1.9x coverage).
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 seasoned and experienced (5.1 years average tenure).
Experienced Board: 2380's board of directors are considered experienced (3 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.
Rabigh Refining and Petrochemical Company's 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.س23.564b
- Shares outstanding: 876.00m
- Website: https://www.petrorabigh.com
- Rabigh Refining and Petrochemical Company
- PO Box 101
- Saudi Arabia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 15:19|
|End of Day Share Price||2021/09/22 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.