| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
1202 Stock Overview
Middle East Company for Manufacturing and Producing Paper, together with its subsidiaries, produces and sells container boards and industrial papers in the Kingdom of Saudi Arabia, the Middle East, Africa, Asia, and Europe.
Rewards
Risk Analysis
No risks detected for 1202 from our risk checks.
Middle East Company for Manufacturing and Producing Paper Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ر.س57.00 |
| 52 Week High | ر.س65.10 |
| 52 Week Low | ر.س29.55 |
| Beta | 0.77 |
| 1 Month Change | -7.02% |
| 3 Month Change | -0.87% |
| 1 Year Change | 76.74% |
| 3 Year Change | 266.32% |
| 5 Year Change | 302.26% |
| Change since IPO | 25.69% |
Recent News & Updates
Should You Be Adding Middle East Company for Manufacturing and Producing Paper (TADAWUL:1202) To Your Watchlist Today?
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Returns At Middle East Company for Manufacturing and Producing Paper (TADAWUL:1202) Are On The Way Up
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Shareholder Returns
| 1202 | SA Forestry | SA Market | |
|---|---|---|---|
| 7D | -2.9% | 0.01% | -3.6% |
| 1Y | 76.7% | -12.9% | 11.1% |
Return vs Industry: 1202 exceeded the SA Forestry industry which returned -12.9% over the past year.
Return vs Market: 1202 exceeded the SA Market which returned 11.1% over the past year.
Price Volatility
| 1202 volatility | |
|---|---|
| 1202 Average Weekly Movement | 3.6% |
| Forestry Industry Average Movement | 6.0% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in SA Market | 7.0% |
| 10% least volatile stocks in SA Market | 3.1% |
Stable Share Price: 1202 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 1202's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | n/a | Sami Ali Al-Safran | https://www.mepco.biz |
Middle East Company for Manufacturing and Producing Paper, together with its subsidiaries, produces and sells container boards and industrial papers in the Kingdom of Saudi Arabia, the Middle East, Africa, Asia, and Europe. The company operates through two segments, Manufacturing and Trading. It provides MEPFLUTE high performance fluting, MEPLINER test liner, MEPDUAL dual use, MEPKRAFT Kraft liner board, and MEPWHITE white top test liner products for use in beverages, consumer durables, detergents, industrial goods, and processed food industries.
Middle East Company for Manufacturing and Producing Paper Fundamentals Summary
| 1202 fundamental statistics | |
|---|---|
| Market Cap | ر.س2.85b |
| Earnings (TTM) | ر.س295.37m |
| Revenue (TTM) | ر.س1.16b |
9.6x
P/E Ratio2.5x
P/S RatioIs 1202 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1202 income statement (TTM) | |
|---|---|
| Revenue | ر.س1.16b |
| Cost of Revenue | ر.س673.18m |
| Gross Profit | ر.س488.72m |
| Other Expenses | ر.س193.34m |
| Earnings | ر.س295.37m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.91 |
| Gross Margin | 42.06% |
| Net Profit Margin | 25.42% |
| Debt/Equity Ratio | 41.9% |
How did 1202 perform over the long term?
See historical performance and comparisonDividends
1.8%
Current Dividend Yield17%
Payout RatioValuation
Is 1202 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1202?
Other financial metrics that can be useful for relative valuation.
| What is 1202's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | ر.س2.85b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.7x |
| Enterprise Value/EBITDA | 7.9x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 1202's PE Ratio compare to its peers?
| 1202 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 23.5x |
Price-To-Earnings vs Peers: 1202 is good value based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (23.5x).
Price to Earnings Ratio vs Industry
How does 1202's PE Ratio compare vs other companies in the Forestry Industry?
Price-To-Earnings vs Industry: 1202 is good value based on its Price-To-Earnings Ratio (9.6x) compared to the Asian Forestry industry average (11.9x)
Price to Earnings Ratio vs Fair Ratio
What is 1202's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 9.6x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1202's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 1202 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1202 (SAR57) is trading below our estimate of fair value (SAR155.49)
Significantly Below Fair Value: 1202 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1202's PEG Ratio to determine if it is good value.
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Future Growth
How is Middle East Company for Manufacturing and Producing Paper forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
14.3%
Forecasted Materials 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 Middle East Company for Manufacturing and Producing Paper 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.
Discover growth companies
- Examine whether Middle East Company for Manufacturing and Producing Paper is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
Past Performance
How has Middle East Company for Manufacturing and Producing Paper performed over the past 5 years?
Past Performance Score
6/6Past Performance Score 6/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
22.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1202 has high quality earnings.
Growing Profit Margin: 1202's current net profit margins (25.4%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: 1202's earnings have grown significantly by 22.7% per year over the past 5 years.
Accelerating Growth: 1202's earnings growth over the past year (774.6%) exceeds its 5-year average (22.7% per year).
Earnings vs Industry: 1202 earnings growth over the past year (774.6%) exceeded the Forestry industry 19.9%.
Return on Equity
High ROE: 1202's Return on Equity (27.5%) is considered high.
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Financial Health
How is Middle East Company for Manufacturing and Producing Paper's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 1202's short term assets (SAR664.9M) exceed its short term liabilities (SAR269.2M).
Long Term Liabilities: 1202's short term assets (SAR664.9M) exceed its long term liabilities (SAR427.1M).
Debt to Equity History and Analysis
Debt Level: 1202's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: 1202's debt to equity ratio has reduced from 110.5% to 41.9% over the past 5 years.
Debt Coverage: 1202's debt is well covered by operating cash flow (76.8%).
Interest Coverage: 1202's interest payments on its debt are well covered by EBIT (22.9x coverage).
Balance Sheet
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Dividend
What is Middle East Company for Manufacturing and Producing Paper current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
1.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1202's dividend (1.75%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.96%).
High Dividend: 1202's dividend (1.75%) is low compared to the top 25% of dividend payers in the SA market (4.67%).
Stability and Growth of Payments
Stable Dividend: 1202 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1202's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.9%), 1202's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.3%), 1202's dividend payments are well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Sami Ali Al-Safran
10.42yrs
Tenure
Mr. Sami Ali Youssef Al-Safran serves as the Chief Executive Officer and Group President at Middle East Company for Manufacturing and Producing Paper since 2012 and since April 2022 respectively. From 2005...
Leadership Team
Experienced Management: 1202's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Experienced Board: 1202's board of directors are not considered experienced ( 2.6 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
Middle East Company for Manufacturing and Producing Paper's employee growth, exchange listings and data sources
Key Information
- Name: Middle East Company for Manufacturing and Producing Paper
- Ticker: 1202
- Exchange: SASE
- Founded: 2000
- Industry: Paper Products
- Sector: Materials
- Implied Market Cap: ر.س2.850b
- Shares outstanding: 50.00m
- Website: https://www.mepco.biz
Location
- Middle East Company for Manufacturing and Producing Paper
- Nujood Center
- 1st floor, entrance (A) Unit No (45)
- Jeddah
- 23326
- Saudi Arabia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/26 00:00 |
| End of Day Share Price | 2022/06/23 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.