The National Shipping Company of Saudi Arabia, together with its subsidiaries, purchases, sells, and operates vessels for the transportation of cargo and passengers in the Kingdom of Saudi Arabia. More Details
Good value with proven track record and pays a dividend.
Share Price & News
How has National Shipping Company of Saudi Arabia's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4030 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 4030's weekly volatility (2%) has been stable over the past year.
7 Day Return
SA Oil and Gas
1 Year Return
SA Oil and Gas
Return vs Industry: 4030 exceeded the SA Oil and Gas industry which returned 8.4% over the past year.
Return vs Market: 4030 underperformed the SA Market which returned 17% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is National Shipping Company of Saudi Arabia's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StThe National Shipping Company of Saudi Arabia's (TADAWUL:4030) Dismal Stock Performance Reflects Weak Fundamentals
1 month ago | Simply Wall StShould The National Shipping Company of Saudi Arabia (TADAWUL:4030) Be Part Of Your Dividend Portfolio?
Is National Shipping Company of Saudi Arabia undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 4030 (SAR39.05) is trading below our estimate of fair value (SAR127.47)
Significantly Below Fair Value: 4030 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 4030's PE Ratio (12.9x) is in line with the Asian Oil and Gas industry average.
PE vs Market: 4030 is good value based on its PE Ratio (12.9x) compared to the SA market (32.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4030's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4030 is good value based on its PB Ratio (1.5x) compared to the SA Oil and Gas industry average (4.5x).
How is National Shipping Company of Saudi Arabia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as National Shipping Company of Saudi Arabia has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has National Shipping Company of Saudi Arabia performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4030 has high quality earnings.
Growing Profit Margin: 4030's current net profit margins (15.9%) are higher than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: 4030's earnings have declined by 12.2% per year over the past 5 years.
Accelerating Growth: 4030's earnings growth over the past year (38.9%) exceeds its 5-year average (-12.2% per year).
Earnings vs Industry: 4030 earnings growth over the past year (38.9%) exceeded the Oil and Gas industry 0.7%.
Return on Equity
High ROE: 4030's Return on Equity (11.8%) is considered low.
How is National Shipping Company of Saudi Arabia's financial position?
Financial Position Analysis
Short Term Liabilities: 4030's short term assets (SAR4.0B) exceed its short term liabilities (SAR2.3B).
Long Term Liabilities: 4030's short term assets (SAR4.0B) do not cover its long term liabilities (SAR8.3B).
Debt to Equity History and Analysis
Debt Level: 4030's debt to equity ratio (85.4%) is considered high.
Reducing Debt: 4030's debt to equity ratio has increased from 78.9% to 85.4% over the past 5 years.
Debt Coverage: 4030's debt is well covered by operating cash flow (37.1%).
Interest Coverage: 4030's interest payments on its debt are well covered by EBIT (7x coverage).
What is National Shipping Company of Saudi Arabia current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4030's dividend (5.12%) is higher than the bottom 25% of dividend payers in the SA market (1.51%).
High Dividend: 4030's dividend (5.12%) is in the top 25% of dividend payers in the SA market (4.57%)
Stability and Growth of Payments
Stable Dividend: 4030's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4030's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.9%), 4030's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Abdullah bin Al-Dubaikhi
Eng. Abdullah bin Ali Al-Dubaikhi serves as the Chief Executive Officer at The National Shipping Company of Saudi Arabia since March 2018. He served as CEO of the Saudi Agricultural and Livestock Investmen...
Experienced Management: 4030's management team is considered experienced (3.3 years average tenure).
Experienced Board: 4030's board of directors are not considered experienced ( 2.1 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.
The National Shipping Company of Saudi Arabia's company bio, employee growth, exchange listings and data sources
- Name: The National Shipping Company of Saudi Arabia
- Ticker: 4030
- Exchange: SASE
- Founded: 1978
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Market Cap: ر.س15.376b
- Shares outstanding: 393.75m
- Website: https://www.bahri.sa
- The National Shipping Company of Saudi Arabia
- Olaya Towers, Tower B
- 12th-15th Floors
- Saudi Arabia
The National Shipping Company of Saudi Arabia, together with its subsidiaries, purchases, sells, and operates vessels for the transportation of cargo and passengers in the Kingdom of Saudi Arabia. The comp...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 15:43|
|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.