Saudi Arabian Mining Company (Ma'aden)
Market Cap
ر.س51.5b
Last Updated
2020/12/03 14:00 UTC
Data Sources
Company Financials +
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
Rewards
Risk Analysis
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
| 1211 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 0.2% | 0.5% |
| 30 Day | 11.6% | 12.8% | 5.8% |
| 90 Day | 4.9% | 7.3% | 1.8% |
| 1 Year | 1.0%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 Year | 15.8%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
3 weeks ago | Simply Wall St
Should You Be Worried About Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) Returns On Capital?2 months ago | Simply Wall St
Did Saudi Arabian Mining Company (Ma'aden)'s (TADAWUL:1211) Share Price Deserve to Gain 43%?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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 0.67yr | no data | 0.000040% SAR 20.6k | |
| Senior VP of Finance & CFO | 0.92yr | no data | 0.00024% SAR 123.6k | |
| VP of Financial Reporting & IR | no data | no data | no data | |
| Chief Legal Counsel | 0.83yr | no data | no data | |
| Senior Vice President of Corporate Strategic Affairs & Communication | 0.58yr | no data | no data | |
| Vice President of Corporate Strategy & Development | 1.92yrs | no data | no data | |
| Senior Vice President of Human Capital | 1yr | no data | no data | |
| Senior Vice President of Aluminium SBU | 2.58yrs | no data | no data | |
| Chief Audit Executive | no data | no data | no data | |
| Executive Vice President for Shared Services & Security | 1.92yrs | no data | no data | |
| Vice President of Corporate Exploration | 4.92yrs | no data | no data | |
| Senior Vice President of Phosphate & Industrial Minerals SBU | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 0.67yr | no data | 0.000040% SAR 20.6k | |
| Non-Executive Director | 3.17yrs | ر.س408.00k | no data | |
| Non-Executive Director | 0.17yr | no data | no data | |
| Non-Executive Director | 0.17yr | no data | no data | |
| Independent Vice Chairman | 0.17yr | no data | 0.00020% SAR 103.0k | |
| Independent Director | 6.92yrs | ر.س480.00k | no data | |
| Director | 0.17yr | no data | no data | |
| Non-Executive Director | 2.5yrs | ر.س483.00k | 0.00045% SAR 231.8k | |
| Non Executive Chairman of the Board | 1.25yrs | no data | no data | |
| Independent Director | 0.92yr | no data | no data | |
| Independent Director | 0.17yr | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1211 | SASE (Saudi Arabian Stock Exchange) | Yes | Ordinary Shares | SA | SAR | Jul 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/03 14:00 |
| End of Day Share Price | 2020/12/03 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.