ADES Holding Company

SASE:2382 Stock Report

Market Cap: ر.س20.8b

ADES Holding Future Growth

Future criteria checks 3/6

ADES Holding is forecast to grow earnings and revenue by 16.2% and 8.6% per annum respectively. EPS is expected to grow by 20.4% per annum. Return on equity is forecast to be 19.2% in 3 years.

Key information

16.2%

Earnings growth rate

20.37%

EPS growth rate

Energy Services earnings growth16.2%
Revenue growth rate8.6%
Future return on equity19.23%
Analyst coverage

Good

Last updated24 Jun 2026

Recent future growth updates

Analysis Article Nov 06

ADES Holding Company (TADAWUL:2382) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

ADES Holding Company ( TADAWUL:2382 ) came out with its third-quarter results last week, and we wanted to see how the...
Analysis Article Aug 07

Earnings Beat: ADES Holding Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

SASE:2382 1 Year Share Price vs Fair Value Explore ADES Holding's Fair Values from the Community and select yours ADES...

Recent updates

Analysis Article Jun 25

With EPS Growth And More, ADES Holding (TADAWUL:2382) Makes An Interesting Case

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Dec 30

ADES Holding (TADAWUL:2382) Has Some Way To Go To Become A Multi-Bagger

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Nov 06

ADES Holding Company (TADAWUL:2382) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

ADES Holding Company ( TADAWUL:2382 ) came out with its third-quarter results last week, and we wanted to see how the...
Analysis Article Sep 30

Returns On Capital At ADES Holding (TADAWUL:2382) Have Hit The Brakes

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
Analysis Article Aug 07

Earnings Beat: ADES Holding Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

SASE:2382 1 Year Share Price vs Fair Value Explore ADES Holding's Fair Values from the Community and select yours ADES...
Analysis Article Jun 30

ADES Holding (TADAWUL:2382) Has More To Do To Multiply In Value Going Forward

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Earnings and Revenue Growth Forecasts

SASE:2382 - Analysts future estimates and past financials data (SAR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202810,9821,5782,6804,4779
12/31/202710,6651,3382,4514,24312
12/31/20269,6191,0121,7342,8206
3/31/20267,6108601,3723,116N/A
12/31/20256,6898181,1432,981N/A
9/30/20256,2728049782,908N/A
6/30/20256,1917896102,460N/A
3/31/20256,1377994202,480N/A
12/31/20246,1998026202,996N/A
9/30/20245,902762-732,845N/A
6/30/20245,408647-3103,072N/A
3/31/20244,909552-7623,026N/A
12/31/20234,332442-1,7662,283N/A
9/30/20233,857495-2,4761,839N/A
6/30/20233,369433-2,5091,866N/A
3/31/20232,919430-3,3451,513N/A
12/31/20222,467390-2,7771,146N/A
12/31/20211,514108-38317N/A
12/31/20201,69574179620N/A
9/30/20201,799113219709N/A
6/30/20201,902152258797N/A
3/31/20201,853130116723N/A
12/31/20191,792107N/A645N/A
9/30/20191,545160N/A532N/A
6/30/20191,297213N/A419N/A
3/31/20191,034243N/A306N/A
12/31/2018771273N/A192N/A
9/30/2018668219N/A158N/A
6/30/2018560163N/A123N/A
3/31/2018576165N/A153N/A
12/31/2017591167N/A184N/A
9/30/2017599157N/A183N/A
6/30/2017606146N/A183N/A
3/31/2017555144N/A158N/A
12/31/2016503143N/A132N/A
12/31/201537996N/A149N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2382's forecast earnings growth (16.2% per year) is above the savings rate (15.1%).

Earnings vs Market: 2382's earnings (16.2% per year) are forecast to grow faster than the SA market (7% per year).

High Growth Earnings: 2382's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2382's revenue (8.6% per year) is forecast to grow faster than the SA market (1.2% per year).

High Growth Revenue: 2382's revenue (8.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2382's Return on Equity is forecast to be low in 3 years time (19.2%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/25 17:11
End of Day Share Price 2026/06/25 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

ADES Holding Company is covered by 20 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Madhu AppissaAl Rajhi Capital
null nullAl Rajhi Capital