Al Sharqiah Development Company engages in the agricultural business in Saudi Arabia and internationally. More Details
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has Ash-Sharqiyah Development's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6060 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 6060's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6060 exceeded the SA Food industry which returned 14.3% over the past year.
Return vs Market: 6060 exceeded the SA Market which returned 14.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Ash-Sharqiyah Development's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Ash-Sharqiyah Development undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 6060's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 6060's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 6060 is unprofitable, so we can't compare its PE Ratio to the SA Food industry average.
PE vs Market: 6060 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 6060's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6060 is overvalued based on its PB Ratio (5.8x) compared to the SA Food industry average (3.7x).
How is Ash-Sharqiyah Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Ash-Sharqiyah 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.
How has Ash-Sharqiyah Development performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6060 is currently unprofitable.
Growing Profit Margin: 6060 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 6060 is unprofitable, and losses have increased over the past 5 years at a rate of 32.4% per year.
Accelerating Growth: Unable to compare 6060's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6060 is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (38.9%).
Return on Equity
High ROE: 6060 has a negative Return on Equity (-1.42%), as it is currently unprofitable.
How is Ash-Sharqiyah Development's financial position?
Financial Position Analysis
Short Term Liabilities: 6060's short term assets (SAR273.0K) do not cover its short term liabilities (SAR42.5M).
Long Term Liabilities: 6060's short term assets (SAR273.0K) exceed its long term liabilities (SAR50.3K).
Debt to Equity History and Analysis
Debt Level: 6060's debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6060's debt to equity ratio has reduced over the past 5 years.
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: 6060 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6060 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Ash-Sharqiyah Development current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 6060's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 6060'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 6060's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 6060'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 6060's dividend in 3 years as they are not forecast to pay a notable one for the SA market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mohammed Bin Al-Hejailan
Mr. Mohammed Bin Abdullah Al-Hejailan has been the Chief Executive Officer of Ash-Sharqiyah Development Co. since January 01, 2021. He serves as Managing Director of Ash-Sharqiyah Development Co. (formerly...
Experienced Board: 6060's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ash-Sharqiyah Development Co.'s company bio, employee growth, exchange listings and data sources
- Name: Ash-Sharqiyah Development Co.
- Ticker: 6060
- Exchange: SASE
- Founded: 1986
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: ر.س825.000m
- Shares outstanding: 7.50m
- Website: https://www.asharqiyah.com.sa
- Ash-Sharqiyah Development Co.
- 2592 King Khaled Street
- Unit #8
- Saudi Arabia
Al Sharqiah Development Company engages in the agricultural business in Saudi Arabia and internationally. The company produces agricultural products, including clover, fodder, Rhodes grass, wheat and corn ...
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|
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.