National Agricultural Development
Market Cap
ر.س4.0b
Last Updated
2021/07/30 14:04 UTC
Data Sources
Company Financials +
Executive Summary
The National Agricultural Development Company operates as an agricultural and livestock production company in the Kingdom of Saudi Arabia and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with reasonable growth potential.
Similar Companies
Share Price & News
How has National Agricultural Development's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6010 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 6010's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0.6%
6010
0.7%
SA Food
0.3%
SA Market
1 Year Return
29.4%
6010
14.3%
SA Food
14.8%
SA Market
Return vs Industry: 6010 exceeded the SA Food industry which returned 14.3% over the past year.
Return vs Market: 6010 exceeded the SA Market which returned 14.8% over the past year.
Shareholder returns
| 6010 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | 0.7% | 0.3% |
| 30 Day | -2.6% | -5.5% | -1.1% |
| 90 Day | -3.8% | 6.8% | 0.02% |
| 1 Year | 29.4%29.4% | 16.7%14.3% | 19.2%14.8% |
| 3 Year | 40.8%40.8% | 32.9%26.0% | 42.2%29.2% |
| 5 Year | 124.0%124.0% | 52.2%38.9% | 104.7%74.0% |
Long-Term Price Volatility Vs. Market
How volatile is National Agricultural Development's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
The National Agricultural Development Company (TADAWUL:6010) Delivered A Weaker ROE Than Its Industry3 months ago | Simply Wall St
Do Institutions Own The National Agricultural Development Company (TADAWUL:6010) Shares?4 months ago | Simply Wall St
Introducing National Agricultural Development (TADAWUL:6010), A Stock That Climbed 77% In The Last YearValuation
Is National Agricultural Development undervalued compared to its fair value and its price relative to the market?
14.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6010 (SAR39.2) is trading below our estimate of fair value (SAR45.58)
Significantly Below Fair Value: 6010 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 6010 is poor value based on its PE Ratio (167.2x) compared to the SA Food industry average (38.5x).
PE vs Market: 6010 is poor value based on its PE Ratio (167.2x) compared to the SA market (33.9x).
Price to Earnings Growth Ratio
PEG Ratio: 6010 is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: 6010 is good value based on its PB Ratio (2.7x) compared to the SA Food industry average (3.7x).
Future Growth
How is National Agricultural Development forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
67.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6010's forecast earnings growth (67.3% per year) is above the savings rate (8.8%).
Earnings vs Market: 6010's earnings (67.3% per year) are forecast to grow faster than the SA market (6.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 6010's revenue (3.7% per year) is forecast to grow faster than the SA market (3.3% per year).
High Growth Revenue: 6010's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 6010's Return on Equity is forecast to be low in 3 years time (10.2%).
Past Performance
How has National Agricultural Development performed over the past 5 years?
-34.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6010 has high quality earnings.
Growing Profit Margin: 6010's current net profit margins (1%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: 6010's earnings have declined by 34.7% per year over the past 5 years.
Accelerating Growth: 6010's earnings growth over the past year (63.7%) exceeds its 5-year average (-34.7% per year).
Earnings vs Industry: 6010 earnings growth over the past year (63.7%) exceeded the Food industry 38.9%.
Return on Equity
High ROE: 6010's Return on Equity (1.6%) is considered low.
Financial Health
How is National Agricultural Development's financial position?
Financial Position Analysis
Short Term Liabilities: 6010's short term assets (SAR1.2B) do not cover its short term liabilities (SAR1.4B).
Long Term Liabilities: 6010's short term assets (SAR1.2B) exceed its long term liabilities (SAR1.1B).
Debt to Equity History and Analysis
Debt Level: 6010's debt to equity ratio (100.5%) is considered high.
Reducing Debt: 6010's debt to equity ratio has reduced from 133.8% to 100.5% over the past 5 years.
Debt Coverage: 6010's debt is well covered by operating cash flow (33%).
Interest Coverage: 6010's interest payments on its debt are not well covered by EBIT (2x coverage).
Balance Sheet
Dividend
What is National Agricultural Development current dividend yield, its reliability and sustainability?
0.94%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 6010's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 6010'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 6010's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6010's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 6010 is not paying a notable dividend for the SA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6010'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?
6.7yrs
Average management tenure
CEO
Steen Hadsbjerg
1.25yrs
Tenure
Mr. Steen Hadsbjerg serves as Chief Executive Officer at The National Agricultural Development Company since April 1, 2020. Mr. Hadsbjerg has distinguished career and international experience spanning. He ...
Leadership Team
Experienced Management: 6010's management team is seasoned and experienced (6.7 years average tenure).
Board Members
Experienced Board: 6010's board of directors are not considered experienced ( 0.3 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
The National Agricultural Development Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: The National Agricultural Development Company
- Ticker: 6010
- Exchange: SASE
- Founded: 1981
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: ر.س3.984b
- Shares outstanding: 101.64m
- Website: https://www.nadec.com
Location
- The National Agricultural Development Company
- PO Box 2557
- Riyadh
- 11461
- Saudi Arabia
Listings
Biography
The National Agricultural Development Company operates as an agricultural and livestock production company in the Kingdom of Saudi Arabia and internationally. It also engages in the reclamation of agricult...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/30 14:04 |
| End of Day Share Price | 2021/07/29 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.