SASE:1211

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Saudi Arabian Mining Company (Ma'aden)

Executive Summary

Saudi Arabian Mining Company (Ma'aden), together with its subsidiaries, operates as a multi-commodity mining company in the Kingdom of Saudi Arabia and internationally. More Details


Snowflake Analysis

Moderate growth potential and overvalued.


Similar Companies

Share Price & News

How has Saudi Arabian Mining Company (Ma'aden)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1211 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 1211's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

1.3%

1211

0.2%

SA Metals and Mining

0.5%

SA Market


1 Year Return

1.0%

1211

4.7%

SA Metals and Mining

9.8%

SA Market

Return vs Industry: 1211 underperformed the SA Metals and Mining industry which returned 4.7% over the past year.

Return vs Market: 1211 underperformed the SA Market which returned 9.8% over the past year.


Shareholder returns

1211IndustryMarket
7 Day1.3%0.2%0.5%
30 Day11.6%12.8%5.8%
90 Day4.9%7.3%1.8%
1 Year1.0%1.0%4.7%4.7%13.7%9.8%
3 Year-21.7%-21.7%-18.0%-18.2%31.2%18.6%
5 Year15.8%15.8%14.8%13.5%44.4%20.8%

Long-Term Price Volatility Vs. Market

How volatile is Saudi Arabian Mining Company (Ma'aden)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Saudi Arabian Mining Company (Ma'aden) undervalued compared to its fair value and its price relative to the market?

1.73x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 1211 (SAR41.75) is trading above our estimate of fair value (SAR21.63)

Significantly Below Fair Value: 1211 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1211 is unprofitable, so we can't compare its PE Ratio to the XA Metals and Mining industry average.

PE vs Market: 1211 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 1211's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1211 is good value based on its PB Ratio (1.7x) compared to the SA Metals and Mining industry average (2.2x).


Next Steps

Future Growth

How is Saudi Arabian Mining Company (Ma'aden) forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

93.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1211 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (8.8%).

Earnings vs Market: 1211 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1211's is expected to become profitable in the next 3 years.

Revenue vs Market: 1211's revenue (5.4% per year) is forecast to grow slower than the SA market (13.3% per year).

High Growth Revenue: 1211's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1211's Return on Equity is forecast to be low in 3 years time (4.3%).


Next Steps

Past Performance

How has Saudi Arabian Mining Company (Ma'aden) performed over the past 5 years?

-33.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1211 is currently unprofitable.

Growing Profit Margin: 1211 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1211 is unprofitable, and losses have increased over the past 5 years at a rate of 33% per year.

Accelerating Growth: Unable to compare 1211's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1211 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-10.4%).


Return on Equity

High ROE: 1211 has a negative Return on Equity (-5.17%), as it is currently unprofitable.


Next Steps

Financial Health

How is Saudi Arabian Mining Company (Ma'aden)'s financial position?


Financial Position Analysis

Short Term Liabilities: 1211's short term assets (SAR14.5B) exceed its short term liabilities (SAR9.4B).

Long Term Liabilities: 1211's short term assets (SAR14.5B) do not cover its long term liabilities (SAR49.8B).


Debt to Equity History and Analysis

Debt Level: 1211's debt to equity ratio (134.2%) is considered high.

Reducing Debt: 1211's debt to equity ratio has increased from 131.4% to 134.2% over the past 5 years.

Debt Coverage: 1211's debt is not well covered by operating cash flow (6.3%).

Interest Coverage: 1211 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Saudi Arabian Mining Company (Ma'aden) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1211's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1211'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 1211's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1211'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 1211'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?

1.0yrs

Average management tenure


CEO

Mosaed Bin Sulaiman Al Ohali

0.67

Tenure

Engr. Mosaed Bin Sulaiman Al Ohali serves as Chief Executive Officer and Executive Director at Saudi Arabian Mining Company (Ma’aden) since April 1, 2020. He has extensive experience in industrial manageme...


Leadership Team

NamePositionTenureCompensationOwnership
Mosaed Bin Sulaiman Al Ohali
CEO & Executive Director0.67yrno data0.000040%
SAR 20.6k
Khaled Saleh Al-Khattaf
Senior VP of Finance & CFO0.92yrno data0.00024%
SAR 123.6k
Yaser Barri
VP of Financial Reporting & IRno datano datano data
Raminder Singh
Chief Legal Counsel0.83yrno datano data
Khaled Bin Bin Abdullah Alohali
Senior Vice President of Corporate Strategic Affairs & Communication0.58yrno datano data
Ayed Al-Mutairi
Vice President of Corporate Strategy & Development1.92yrsno datano data
Ibrahim Al Amer
Senior Vice President of Human Capital1yrno datano data
Riyadh Bin Sa'Ad Nassar
Senior Vice President of Aluminium SBU2.58yrsno datano data
Kobus Moolman
Chief Audit Executiveno datano datano data
Abdulaziz Al-Harbi
Executive Vice President for Shared Services & Security1.92yrsno datano data
Emad Bin Al-Saadawi
Vice President of Corporate Exploration4.92yrsno datano data
Hassan Madani AlAli
Senior Vice President of Phosphate & Industrial Minerals SBUno datano datano data

1.0yrs

Average Tenure

Experienced Management: 1211's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mosaed Bin Sulaiman Al Ohali
CEO & Executive Director0.67yrno data0.000040%
SAR 20.6k
Richard O'Brien
Non-Executive Director3.17yrsر.س408.00kno data
Ganesh Kishore
Non-Executive Director0.17yrno datano data
Samuel Maurice Walsh
Non-Executive Director0.17yrno datano data
Abdulaziz bin Al-Jarbou
Independent Vice Chairman0.17yrno data0.00020%
SAR 103.0k
Suliman Bin Abdulrahman Al-Gwaiz
Independent Director6.92yrsر.س480.00kno data
Mohammed Bin Yahya Al-Qahtani
Director0.17yrno datano data
Khalid bin Saleh Al-Mudaifer
Non-Executive Director2.5yrsر.س483.00k0.00045%
SAR 231.8k
Yasir bin Othman Al-Rumayyan
Non Executive Chairman of the Board1.25yrsno datano data
Abdallah bin Saleh bin Juma'ah
Independent Director0.92yrno datano data
Nabilah Bint Mohammed Al-Tunisi
Independent Director0.17yrno datano data

0.7yrs

Average Tenure

65yo

Average Age

Experienced Board: 1211's board of directors are not considered experienced ( 0.7 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

Saudi Arabian Mining Company (Ma'aden)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Saudi Arabian Mining Company (Ma'aden)
  • Ticker: 1211
  • Exchange: SASE
  • Founded: 1997
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: ر.س51.500b
  • Shares outstanding: 1.23b
  • Website: https://www.maaden.com.sa

Location

  • Saudi Arabian Mining Company (Ma'aden)
  • Building number 395
  • Abi Bakr Asseddiq Road
  • Riyadh
  • 11537
  • Saudi Arabia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1211SASE (Saudi Arabian Stock Exchange)YesOrdinary SharesSASARJul 2008

Biography

Saudi Arabian Mining Company (Ma'aden), together with its subsidiaries, operates as a multi-commodity mining company in the Kingdom of Saudi Arabia and internationally. It operates through Phosphate, Alumi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 14:00
End of Day Share Price2020/12/03 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.