ADES Holding Company

SASE:2382 Stock Report

Market Cap: ر.س18.6b

ADES Holding Management

Management criteria checks 1/4

ADES Holding's CEO is Mohamed Farouk Md. Abdul Majeed Khaleq, appointed in Jan 2012, has a tenure of 12.92 years. directly owns 0.4% of the company’s shares, worth SAR75.46M. The average tenure of the management team and the board of directors is 2.6 years and 1.8 years respectively.

Key information

Mohamed Farouk Md. Abdul Majeed Khaleq

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure12.9yrs
CEO ownership0.4%
Management average tenure2.6yrs
Board average tenure1.8yrs

Recent management updates

Recent updates

Slowing Rates Of Return At ADES Holding (TADAWUL:2382) Leave Little Room For Excitement

Oct 10
Slowing Rates Of Return At ADES Holding (TADAWUL:2382) Leave Little Room For Excitement

CEO

Mohamed Farouk Md. Abdul Majeed Khaleq (58 yo)

12.9yrs

Tenure

Dr. Mohamed Farouk Mohamed Abdul Majeed Abdul Khaleq is the Vice Chairman of Ades Holding Company since December 26, 2022. Dr. Khaleq has been CEO at Ades Holding Company. Dr. Khaleq serves as the Chief Ex...

Leadership Team

NamePositionTenureCompensationOwnership
Ayman Mamdouh Mohamed Abbas
Executive Chairman8.6yrsno datano data
Mohamed Farouk Md. Abdul Majeed Khaleq
Vice Chairman12.9yrsno data0.40%
SAR 75.5m
Hussein Mohammed Abdul Salam Badawy
Chief Financial Officerno datano datano data
Mohamed Khalil
Vice President of Operationsno datano datano data
Wissam Hamed Morsi Al Adani
Chief Technology Officerno datano datano data
Morcos William Ekladious
General Counsel & Company Secretary9.4yrsno datano data
Manoj Bermash
Chief Human Resources Officer1.9yrsno datano data
Ahmed Mohamed Abdel Othman
Chief Commercial & Strategy Officer2.6yrsno datano data
Mohammed Saad Al Sira
Vice Chairman of Asset Management2yrsno datano data
Ammar Abbas
Vice Chairman of Supply Chain Management1.3yrsno datano data
Montaser Mohamed Samy Naguib
Vice Chairman of Saudi Arabia2.9yrsno datano data

2.6yrs

Average Tenure

49yo

Average Age

Experienced Management: 2382's management team is considered experienced (2.6 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ayman Mamdouh Mohamed Abbas
Executive Chairman8.6yrsno datano data
Mohamed Farouk Md. Abdul Majeed Khaleq
Vice Chairman8.6yrsno data0.40%
SAR 75.5m
Mohamed Walid Cherif
Independent Directorless than a yearر.س187.58kno data
Hatem Ahmed Al Suleiman
Non Independent Non-Executive Director5.8yrsر.س187.58kno data
Meteb Mohamed Al Shathri
Non Independent Non-Executive Director1.8yrsno datano data
Fadi Adel Al Saeed
Non Independent Non-Executive Director1.8yrsno datano data
Abdulrahman Khalid Al Zamil
Non Independent Non-Executive Director2yrsno datano data
Haitham Muhammed Alfayez
Independent Directorless than a yearno datano data
Kamel Naceur
Independent Directorless than a yearno datano data

1.8yrs

Average Tenure

45.5yo

Average Age

Experienced Board: 2382's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 22:11
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

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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

ADES Holding Company is covered by 16 analysts. 9 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
Mazen Al-SudairiAl Rajhi Capital