2381 Stock Overview
Operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Arabian Drilling Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ر.س112.80 |
| 52 Week High | ر.س214.20 |
| 52 Week Low | ر.س103.60 |
| Beta | 0.86 |
| 1 Month Change | -1.05% |
| 3 Month Change | 0.71% |
| 1 Year Change | -38.63% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -8.29% |
Recent News & Updates
Recent updates
We Like These Underlying Return On Capital Trends At Arabian Drilling (TADAWUL:2381)
Oct 05
Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings
Aug 13Arabian Drilling Company (TADAWUL:2381) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Aug 10Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Jun 19Results: Arabian Drilling Company Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 22Returns On Capital At Arabian Drilling (TADAWUL:2381) Have Stalled
Feb 22Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Nov 08Analysts Are Updating Their Arabian Drilling Company (TADAWUL:2381) Estimates After Its Third-Quarter Results
Nov 08Does This Valuation Of Arabian Drilling Company (TADAWUL:2381) Imply Investors Are Overpaying?
Jul 18Pinning Down Arabian Drilling Company's (TADAWUL:2381) P/E Is Difficult Right Now
Feb 13Shareholder Returns
| 2381 | SA Energy Services | SA Market | |
|---|---|---|---|
| 7D | -4.2% | -3.7% | 0.3% |
| 1Y | -38.6% | 14.4% | -7.7% |
Return vs Industry: 2381 underperformed the SA Energy Services industry which returned 14.4% over the past year.
Return vs Market: 2381 underperformed the SA Market which returned -7.7% over the past year.
Price Volatility
| 2381 volatility | |
|---|---|
| 2381 Average Weekly Movement | 4.0% |
| Energy Services Industry Average Movement | 6.5% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in SA Market | 7.8% |
| 10% least volatile stocks in SA Market | 2.5% |
Stable Share Price: 2381 has not had significant price volatility in the past 3 months compared to the SA market.
Volatility Over Time: 2381's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1964 | n/a | Ghassan Abdulaziz Mirdad | www.arabdrill.com |
Arabian Drilling Company operates as an onshore and offshore gas and oil rig drilling company in Saudi Arabia. Its services include the supply of drilling services in shallow and deep waters and on land for the exploration and production of oil and natural gas, as well as well intervention and testing, rig move, mobilization, manpower, and other services. The company was founded in 1964 and is based in Al Khobar, Saudi Arabia.
Arabian Drilling Company Fundamentals Summary
| 2381 fundamental statistics | |
|---|---|
| Market cap | ر.س10.04b |
| Earnings (TTM) | ر.س434.06m |
| Revenue (TTM) | ر.س3.76b |
23.1x
P/E Ratio2.7x
P/S RatioIs 2381 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2381 income statement (TTM) | |
|---|---|
| Revenue | ر.س3.76b |
| Cost of Revenue | ر.س2.80b |
| Gross Profit | ر.س955.44m |
| Other Expenses | ر.س521.38m |
| Earnings | ر.س434.06m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.88 |
| Gross Margin | 25.44% |
| Net Profit Margin | 11.56% |
| Debt/Equity Ratio | 50.1% |
How did 2381 perform over the long term?
See historical performance and comparisonDividends
2.4%
Current Dividend Yield80%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:30 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Arabian Drilling Company is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jassim Al-Jubran | Aljazira Capital Company |
| Madhu Appissa | Al Rajhi Capital |
| Mazen Al-Sudairi | Al Rajhi Capital |