SASE:6040

Stock Analysis Report

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Market Cap

ر.س1.6b

Last Updated

2021/07/30 14:04 UTC

Data Sources

Company Financials

Executive Summary

Tabuk Agricultural Development Company produces and sells agricultural products in Saudi Arabia. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Tabuk Agricultural Development's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6040 is more volatile than 90% of SA stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 6040's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of SA stocks.


Market Performance


7 Day Return

3.8%

6040

0.7%

SA Food

0.3%

SA Market


1 Year Return

121.7%

6040

14.3%

SA Food

14.8%

SA Market

Return vs Industry: 6040 exceeded the SA Food industry which returned 14.3% over the past year.

Return vs Market: 6040 exceeded the SA Market which returned 14.8% over the past year.


Shareholder returns

6040IndustryMarket
7 Day3.8%0.7%0.3%
30 Day2.9%-5.5%-1.1%
90 Day51.1%6.8%0.02%
1 Year209.3%121.7%16.7%14.3%19.2%14.8%
3 Year181.1%101.5%32.9%26.0%42.2%29.2%
5 Year111.0%51.3%52.2%38.9%104.7%74.0%

Long-Term Price Volatility Vs. Market

How volatile is Tabuk Agricultural Development's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tabuk Agricultural Development undervalued compared to its fair value and its price relative to the market?

4.43x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 6040's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 6040's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 6040 is unprofitable, so we can't compare its PE Ratio to the SA Food industry average.

PE vs Market: 6040 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 6040's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6040 is overvalued based on its PB Ratio (4.4x) compared to the SA Food industry average (3.7x).


Future Growth

How is Tabuk Agricultural 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 Tabuk Agricultural 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 Tabuk Agricultural Development performed over the past 5 years?

-31.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6040 is currently unprofitable.

Growing Profit Margin: 6040 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6040 is unprofitable, and losses have increased over the past 5 years at a rate of 31.8% per year.

Accelerating Growth: Unable to compare 6040's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6040 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (38.9%).


Return on Equity

High ROE: 6040 has a negative Return on Equity (-20.38%), as it is currently unprofitable.


Financial Health

How is Tabuk Agricultural Development's financial position?


Financial Position Analysis

Short Term Liabilities: 6040's short term assets (SAR117.0M) do not cover its short term liabilities (SAR204.8M).

Long Term Liabilities: 6040's short term assets (SAR117.0M) exceed its long term liabilities (SAR24.7M).


Debt to Equity History and Analysis

Debt Level: 6040's debt to equity ratio (29.6%) is considered satisfactory.

Reducing Debt: 6040's debt to equity ratio has increased from 2.9% to 29.6% 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: 6040 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 6040 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.3% each year


Dividend

What is Tabuk Agricultural Development current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6040's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6040'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 6040's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6040's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 6040 is not paying a notable dividend for the SA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6040'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?

ر.س1m

CEO Compensation


CEO

Saad Al-Swat

no data

Tenure

ر.س1,000,000

Compensation

Mr. Saad Mohammed Al-Swat serves as Chief Executive Officer at Tabuk Agricultural Development Company.


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Saad's total compensation is reasonable compared to companies of similar size in the SA market.

Compensation vs Earnings: Insufficient data to compare Saad's compensation with company performance.


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 been substantially diluted in the past year, with total shares outstanding growing by 62%.


Top Shareholders

Company Information

Tabuk Agricultural Development Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tabuk Agricultural Development Company
  • Ticker: 6040
  • Exchange: SASE
  • Founded: 1983
  • Industry: Agricultural Products
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ر.س1.610b
  • Shares outstanding: 39.18m
  • Website: https://www.tadco-agri.com

Number of Employees


Location

  • Tabuk Agricultural Development Company
  • PO Box. 808
  • Tabuk
  • 71421
  • Saudi Arabia

Listings


Biography

Tabuk Agricultural Development Company produces and sells agricultural products in Saudi Arabia. It offers fruits; vegetables; alfalfa and wheat; and olive oil. The company also engages in the management a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 14:04
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.