SASE:2100

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Wafrah for Industry and Development

Market Cap

ر.س1.3b

Last Updated

2021/07/30 14:03 UTC

Data Sources

Company Financials

Executive Summary

Wafrah for Industry and Development Company manufactures, markets, and sells food products in Saudi Arabia and internationally. More Details


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Wafrah for Industry and Development's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2100 is more volatile than 75% of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 2100's weekly volatility (4%) has been stable over the past year, but is still higher than 75% of SA stocks.


Market Performance


7 Day Return

1.2%

2100

0.7%

SA Food

0.3%

SA Market


1 Year Return

208.7%

2100

14.3%

SA Food

14.8%

SA Market

Return vs Industry: 2100 exceeded the SA Food industry which returned 14.3% over the past year.

Return vs Market: 2100 exceeded the SA Market which returned 14.8% over the past year.


Shareholder returns

2100IndustryMarket
7 Day1.2%0.7%0.3%
30 Day-0.6%-5.5%-1.1%
90 Day-9.6%6.8%0.02%
1 Year208.7%208.7%16.7%14.3%19.2%14.8%
3 Year361.4%361.4%32.9%26.0%42.2%29.2%
5 Year156.8%156.8%52.2%38.9%104.7%74.0%

Long-Term Price Volatility Vs. Market

How volatile is Wafrah for Industry and Development's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wafrah for Industry and Development undervalued compared to its fair value and its price relative to the market?

21.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 2100 (SAR171) is trading above our estimate of fair value (SAR4.9)

Significantly Below Fair Value: 2100 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2100 is unprofitable, so we can't compare its PE Ratio to the SA Food industry average.

PE vs Market: 2100 is unprofitable, so we can't compare its PE Ratio to the SA market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2100's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2100 is overvalued based on its PB Ratio (21.2x) compared to the SA Food industry average (3.7x).


Future Growth

How is Wafrah for Industry and Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.1%

Forecasted Food, Beverage & Tobacco 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 Wafrah for Industry and Development 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.


Past Performance

How has Wafrah for Industry and Development performed over the past 5 years?

-5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2100 is currently unprofitable.

Growing Profit Margin: 2100 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2100 is unprofitable, and losses have increased over the past 5 years at a rate of 5.2% per year.

Accelerating Growth: Unable to compare 2100's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2100 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (38.9%).


Return on Equity

High ROE: 2100 has a negative Return on Equity (-21.58%), as it is currently unprofitable.


Financial Health

How is Wafrah for Industry and Development's financial position?


Financial Position Analysis

Short Term Liabilities: 2100's short term assets (SAR54.7M) do not cover its short term liabilities (SAR67.1M).

Long Term Liabilities: 2100's short term assets (SAR54.7M) exceed its long term liabilities (SAR33.8M).


Debt to Equity History and Analysis

Debt Level: 2100's debt to equity ratio (45%) is considered high.

Reducing Debt: 2100's debt to equity ratio has increased from 16.7% to 45% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 2100 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 2100 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57.5% per year.


Dividend

What is Wafrah for Industry and Development current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2100's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2100'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 2100's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2100's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2100 is not paying a notable dividend for the SA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2100's dividend in 3 years as they are not forecast to pay a notable one for the SA market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average board tenure


CEO

Maqid Bin Al-Otaibi

0.33

Tenure

Mr. Maqid Bin Ibrahim Al-Otaibi has been Chief Executive Officer at Wafrah for Industry and Development Company since May 2021. He serves as Independent Board Director at Saudi Arabia Refineries Co. He ser...


Board Members

Experienced Board: 2100's board of directors are not considered experienced ( 0.5 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wafrah for Industry and Development Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wafrah for Industry and Development Company
  • Ticker: 2100
  • Exchange: SASE
  • Founded: 1989
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ر.س1.320b
  • Shares outstanding: 7.72m
  • Website: https://www.wafrah.com

Location

  • Wafrah for Industry and Development Company
  • PO Box 131
  • Riyadh
  • 11383
  • Saudi Arabia

Listings


Biography

Wafrah for Industry and Development Company manufactures, markets, and sells food products in Saudi Arabia and internationally. It offers pasta products, potato chips, frozen French fries, and peanut produ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 14:03
End of Day Share Price2021/07/29 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.