SASE:6020

Stock Analysis Report

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Market Cap

ر.س949.5m

Last Updated

2021/07/30 14:03 UTC

Data Sources

Company Financials

Executive Summary

Al Gassim Investment Holding Company invests in agriculture business in the Kingdom of Saudi Arabia. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Al Gassim Investment Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6020 is more volatile than 75% of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 6020'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

2.3%

6020

0.7%

SA Food

0.3%

SA Market


1 Year Return

132.4%

6020

14.3%

SA Food

14.8%

SA Market

Return vs Industry: 6020 exceeded the SA Food industry which returned 14.3% over the past year.

Return vs Market: 6020 exceeded the SA Market which returned 14.8% over the past year.


Shareholder returns

6020IndustryMarket
7 Day2.3%0.7%0.3%
30 Day-2.2%-5.5%-1.1%
90 Day13.0%6.8%0.02%
1 Year132.4%132.4%16.7%14.3%19.2%14.8%
3 Year179.6%179.6%32.9%26.0%42.2%29.2%
5 Year220.9%214.9%52.2%38.9%104.7%74.0%

Long-Term Price Volatility Vs. Market

How volatile is Al Gassim Investment Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Al Gassim Investment Holding undervalued compared to its fair value and its price relative to the market?

3.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 6020 (SAR31.65) is trading above our estimate of fair value (SAR0.03)

Significantly Below Fair Value: 6020 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6020 is unprofitable, so we can't compare its PE Ratio to the SA Food industry average.

PE vs Market: 6020 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 6020's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6020 is good value based on its PB Ratio (3.3x) compared to the SA Food industry average (3.7x).


Future Growth

How is Al Gassim Investment Holding 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 Al Gassim Investment Holding 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 Al Gassim Investment Holding performed over the past 5 years?

-58.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6020 is currently unprofitable.

Growing Profit Margin: 6020 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6020 is unprofitable, and losses have increased over the past 5 years at a rate of 58.4% per year.

Accelerating Growth: Unable to compare 6020's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6020 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (38.9%).


Return on Equity

High ROE: 6020 has a negative Return on Equity (-1.56%), as it is currently unprofitable.


Financial Health

How is Al Gassim Investment Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 6020's short term assets (SAR47.7M) do not cover its short term liabilities (SAR93.6M).

Long Term Liabilities: 6020's short term assets (SAR47.7M) do not cover its long term liabilities (SAR59.0M).


Debt to Equity History and Analysis

Debt Level: 6020 is debt free.

Reducing Debt: 6020 has not had any debt for past 5 years.

Debt Coverage: 6020 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6020 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Al Gassim Investment Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6020's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6020'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 6020's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6020's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6020'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?

1.3yrs

Average board tenure


CEO

Abadulallah Ibrahim Almhaos

no data

Tenure

Mr. Abadulallah Ibrahim Suleiman Almhaos serves as Managing Director at Al Gassim Investment Holding Co. since February 2020. He serves as Chief Executive Officer of Al Gassim Investment Holding Co. and se...


Board Members

Experienced Board: 6020's board of directors are not considered experienced ( 1.3 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

Al Gassim Investment Holding Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Al Gassim Investment Holding Company
  • Ticker: 6020
  • Exchange: SASE
  • Founded: 1984
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ر.س949.500m
  • Shares outstanding: 30.00m
  • Website: https://www.gih.sa

Location

  • Al Gassim Investment Holding Company
  • King Fahd Road West
  • PO Box 2210
  • Jaradat al Buraykah
  • 51451
  • Saudi Arabia

Listings


Biography

Al Gassim Investment Holding Company invests in agriculture business in the Kingdom of Saudi Arabia. It engages in the manufacturing and selling of agricultural products; and import of seeds. The company w...


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.