National Agricultural Development Future Growth

Future criteria checks 2/6

National Agricultural Development is forecast to grow earnings and revenue by 7.6% and 16.2% per annum respectively. EPS is expected to grow by 5.1% per annum. Return on equity is forecast to be 10.8% in 3 years.

Key information

7.6%

Earnings growth rate

5.1%

EPS growth rate

Food earnings growth	14.3%
Revenue growth rate	16.2%
Future return on equity	10.8%
Analyst coverage	Low
Last updated	11 Jul 2024

Recent future growth updates

Recent updates

The Market Doesn't Like What It Sees From The National Agricultural Development Company's (TADAWUL:6010) Earnings Yet

Aug 30

The Market Lifts The National Agricultural Development Company (TADAWUL:6010) Shares 29% But It Can Do More

Dec 29

Why The National Agricultural Development Company (TADAWUL:6010) Could Be Worth Watching

Nov 07

What Is The National Agricultural Development Company's (TADAWUL:6010) Share Price Doing?

Aug 01

A Look At The Intrinsic Value Of The National Agricultural Development Company (TADAWUL:6010)

Jul 11

Is There An Opportunity With The National Agricultural Development Company's (TADAWUL:6010) 35% Undervaluation?

May 15

Should You Think About Buying The National Agricultural Development Company (TADAWUL:6010) Now?

Jan 07

How Has National Agricultural Development (TADAWUL:6010) Allocated Its Capital?

Feb 24

Is There An Opportunity With The National Agricultural Development Company's (TADAWUL:6010) 26% Undervaluation?

Feb 02

Could The The National Agricultural Development Company (TADAWUL:6010) Ownership Structure Tell Us Something Useful?

Jan 19

Is The National Agricultural Development Company's (TADAWUL:6010) Recent Price Movement Underpinned By Its Weak Fundamentals?

Dec 30

Are National Agricultural Development's (TADAWUL:6010) Statutory Earnings A Good Guide To Its Underlying Profitability?

Dec 15

Is Now The Time To Look At Buying The National Agricultural Development Company (TADAWUL:6010)?

Nov 27

Earnings and Revenue Growth Forecasts

SASE:6010 - Analysts future estimates and past financials data (SAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,054	471	N/A	778	1
12/31/2025	4,168	462	N/A	710	2
12/31/2024	3,684	425	N/A	649	2
6/30/2024	3,309	412	401	688	N/A
3/31/2024	3,305	366	430	726	N/A
12/31/2023	3,197	302	361	655	N/A
9/30/2023	3,067	203	102	388	N/A
6/30/2023	2,908	156	63	381	N/A
3/31/2023	2,830	118	157	450	N/A
12/31/2022	2,694	95	148	452	N/A
9/30/2022	2,596	-207	237	569	N/A
6/30/2022	2,504	-231	123	435	N/A
3/31/2022	2,345	-276	-50	285	N/A
12/31/2021	2,272	-285	-107	256	N/A
9/30/2021	2,249	-77	-31	321	N/A
6/30/2021	2,226	-125	59	396	N/A
3/31/2021	2,285	24	180	492	N/A
12/31/2020	2,303	36	175	443	N/A
9/30/2020	2,267	45	192	494	N/A
6/30/2020	2,258	139	297	605	N/A
3/31/2020	2,254	15	199	508	N/A
12/31/2019	2,225	-7	241	551	N/A
9/30/2019	2,201	5	217	490	N/A
6/30/2019	2,197	-9	203	483	N/A
3/31/2019	2,152	3	151	419	N/A
12/31/2018	2,096	2	191	436	N/A
9/30/2018	2,070	42	183	408	N/A
6/30/2018	2,006	24	-5	285	N/A
3/31/2018	2,025	31	N/A	333	N/A
12/31/2017	2,032	40	N/A	170	N/A
9/30/2017	2,050	54	N/A	375	N/A
6/30/2017	2,089	65	N/A	446	N/A
3/31/2017	2,149	75	N/A	466	N/A
12/31/2016	2,176	94	N/A	523	N/A
9/30/2016	2,273	122	N/A	490	N/A
6/30/2016	2,290	139	N/A	480	N/A
3/31/2016	2,299	139	N/A	405	N/A
12/31/2015	2,329	141	N/A	503	N/A
9/30/2015	2,261	127	N/A	383	N/A
6/30/2015	2,200	116	N/A	378	N/A
3/31/2015	2,128	109	N/A	424	N/A
12/31/2014	2,072	107	N/A	355	N/A
9/30/2014	2,012	102	N/A	347	N/A
6/30/2014	2,020	101	N/A	306	N/A
3/31/2014	1,988	103	N/A	215	N/A
12/31/2013	1,928	100	N/A	136	N/A
9/30/2013	1,892	100	N/A	57	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6010's forecast earnings growth (7.6% per year) is below the savings rate (14.5%).

Earnings vs Market: 6010's earnings (7.6% per year) are forecast to grow faster than the SA market (7% per year).

High Growth Earnings: 6010's earnings are forecast to grow, but not significantly.

Revenue vs Market: 6010's revenue (16.2% per year) is forecast to grow faster than the SA market (0.9% per year).

High Growth Revenue: 6010's revenue (16.2% 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 (10.8%).

National Agricultural Development Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target decreased to ر.س25.00

Price target decreased to ر.س30.75

Price target decreased to ر.س30.75

Price target increased to ر.س37.00

Price target raised to ر.س34.00

Recent updates

The Market Doesn't Like What It Sees From The National Agricultural Development Company's (TADAWUL:6010) Earnings Yet

Second quarter 2024 earnings released: EPS: ر.س0.37 (vs ر.س0.64 in 2Q 2023)

First quarter 2024 earnings released: EPS: ر.س0.34 (vs ر.س0.37 in 1Q 2023)

Investor sentiment improves as stock rises 16%

The National Agricultural Development Company Announces Board Appointments

The National Agricultural Development Company, Annual General Meeting, Mar 19, 2024

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

The Market Lifts The National Agricultural Development Company (TADAWUL:6010) Shares 29% But It Can Do More

Investor sentiment improves as stock rises 22%

Investor sentiment deteriorates as stock falls 57%

Why The National Agricultural Development Company (TADAWUL:6010) Could Be Worth Watching

New minor risk - Earnings quality

Now 55% undervalued after recent price drop

New minor risk - Share price stability

Now 21% undervalued

Second quarter 2023 earnings released: EPS: ر.س0.64 (vs ر.س0.27 in 2Q 2022)

What Is The National Agricultural Development Company's (TADAWUL:6010) Share Price Doing?

A Look At The Intrinsic Value Of The National Agricultural Development Company (TADAWUL:6010)

Price target decreased to ر.س25.00

Third quarter 2022 earnings released: EPS: ر.س0.27 (vs ر.س0.032 in 3Q 2021)

The National Agricultural Development Company Audit Committee Changes

The National Agricultural Development Company Audit Committee Changes

Second quarter 2022 earnings released: EPS: ر.س0.27 (vs ر.س0.17 loss in 2Q 2021)

First quarter 2022 earnings released: EPS: ر.س0.15 (vs ر.س0.063 in 1Q 2021)

The National Agricultural Development Company, Annual General Meeting, Jun 07, 2022

Is There An Opportunity With The National Agricultural Development Company's (TADAWUL:6010) 35% Undervaluation?

Price target decreased to ر.س30.75

Less than half of directors are independent

Full year 2021 earnings released: ر.س2.80 loss per share (vs ر.س0.35 profit in FY 2020)

the National Agricultural Development Company Announces Resignation of Dr. Solaiman Abdulaziz Altwaijri as Executive Board Member

Should You Think About Buying The National Agricultural Development Company (TADAWUL:6010) Now?

Price target decreased to ر.س30.75

Third quarter 2021 earnings released: EPS ر.س0.032 (vs ر.س0.44 loss in 3Q 2020)

Second quarter 2021 earnings released: ر.س0.17 loss per share (vs ر.س1.30 profit in 2Q 2020)

Price target increased to ر.س37.00

First quarter 2021 earnings released: EPS ر.س0.063 (vs ر.س0.18 in 1Q 2020)

Full year 2020 earnings released: EPS ر.س0.35 (vs ر.س0.072 loss in FY 2019)

The National Agricultural Development Company (SASE:6010) signed a memorandum of understanding to acquire Dava Agricultural Co.

The National Agricultural Development Company, Annual General Meeting, Mar 21, 2021

How Has National Agricultural Development (TADAWUL:6010) Allocated Its Capital?

Is There An Opportunity With The National Agricultural Development Company's (TADAWUL:6010) 26% Undervaluation?

Could The The National Agricultural Development Company (TADAWUL:6010) Ownership Structure Tell Us Something Useful?

Is The National Agricultural Development Company's (TADAWUL:6010) Recent Price Movement Underpinned By Its Weak Fundamentals?

New 90-day low: ر.س28.00

Are National Agricultural Development's (TADAWUL:6010) Statutory Earnings A Good Guide To Its Underlying Profitability?

Is Now The Time To Look At Buying The National Agricultural Development Company (TADAWUL:6010)?

Revenue misses expectations

Third quarter 2020 earnings released: ر.س0.44 loss per share

New 90-day low: ر.س28.40

New 90-day high - ر.س33.80

New 90-day high - ر.س31.30

Price target raised to ر.س34.00

New 90-day high - ر.س30.50

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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