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United Wire Factories SASE:1301 Stock Report

Last Price


Market Cap







29 Jun, 2022


Company Financials
1301 fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance2/6
Financial Health6/6

1301 Stock Overview

United Wire Factories Company manufactures and markets steel wire products for the construction and building, civil, and industrial sectors in the Kingdom of Saudi Arabia.

United Wire Factories Competitors

Price History & Performance

Summary of all time highs, changes and price drops for United Wire Factories
Historical stock prices
Current Share Priceر.س29.85
52 Week Highر.س41.75
52 Week Lowر.س26.10
1 Month Change-3.87%
3 Month Change4.19%
1 Year Change-25.93%
3 Year Change64.69%
5 Year Change24.12%
Change since IPO-10.20%

Recent News & Updates

Shareholder Returns

1301SA Metals and MiningSA Market

Return vs Industry: 1301 underperformed the SA Metals and Mining industry which returned 49.2% over the past year.

Return vs Market: 1301 underperformed the SA Market which returned 12.1% over the past year.

Price Volatility

Is 1301's price volatile compared to industry and market?
1301 volatility
1301 Average Weekly Movement4.2%
Metals and Mining Industry Average Movement5.2%
Market Average Movement4.9%
10% most volatile stocks in SA Market7.3%
10% least volatile stocks in SA Market3.1%

Stable Share Price: 1301 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 1301's weekly volatility (4%) has been stable over the past year.

About the Company

1990573Nabil Al-Amir

United Wire Factories Company manufactures and markets steel wire products for the construction and building, civil, and industrial sectors in the Kingdom of Saudi Arabia. The company offers steel rebars, wire mesh, block ladder mesh, nails, fences, barbed and concertina wires, and tying wires. It also provides bailing wires, cloth hangers, welded wires mesh, staples clips, and black annealed wires; and black drawn, galvanized, PVC coated, and deformed wires.

United Wire Factories Fundamentals Summary

How do United Wire Factories's earnings and revenue compare to its market cap?
1301 fundamental statistics
Market Capر.س1.05b
Earnings (TTM)ر.س56.09m
Revenue (TTM)ر.س993.49m


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1301 income statement (TTM)
Cost of Revenueر.س898.56m
Gross Profitر.س94.93m
Other Expensesر.س38.83m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)1.60
Gross Margin9.55%
Net Profit Margin5.65%
Debt/Equity Ratio0%

How did 1301 perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is 1301 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 2/6

  • 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 1301?

Other financial metrics that can be useful for relative valuation.

1301 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA13x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 1301's PE Ratio compare to its peers?

1301 PE Ratio vs Peers
The above table shows the PE ratio for 1301 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average56.4x
1304 Al Yamamah Steel Industries
9523 Group Five Pipe Saudi
1320 Saudi Steel Pipes
3005 Umm Al-Qura Cement
1301 United Wire Factories

Price-To-Earnings vs Peers: 1301 is good value based on its Price-To-Earnings Ratio (18.7x) compared to the peer average (56.4x).

Price to Earnings Ratio vs Industry

How does 1301's PE Ratio compare vs other companies in the Asian Metals and Mining Industry?

Price-To-Earnings vs Industry: 1301 is good value based on its Price-To-Earnings Ratio (18.7x) compared to the SA Metals and Mining industry average (18.9x)

Price to Earnings Ratio vs Fair Ratio

What is 1301'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.

1301 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1301's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of 1301 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1301 (SAR29.85) is trading above our estimate of fair value (SAR5.66)

Significantly Below Fair Value: 1301 is trading above our estimate of fair value.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1301's PEG Ratio to determine if it is good value.

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Future Growth

How is United Wire Factories forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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 United Wire Factories 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.

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Past Performance

How has United Wire Factories performed over the past 5 years?

Past Performance Score


Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1301 has high quality earnings.

Growing Profit Margin: 1301's current net profit margins (5.6%) are lower than last year (8.1%).

Past Earnings Growth Analysis

Earnings Trend: 1301's earnings have grown by 15.1% per year over the past 5 years.

Accelerating Growth: 1301's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1301 had negative earnings growth (-11.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (35.3%).

Return on Equity

High ROE: 1301's Return on Equity (12.4%) is considered low.

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Financial Health

How is United Wire Factories's financial position?

Financial Health Score


Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1301's short term assets (SAR425.1M) exceed its short term liabilities (SAR65.4M).

Long Term Liabilities: 1301's short term assets (SAR425.1M) exceed its long term liabilities (SAR11.5M).

Debt to Equity History and Analysis

Debt Level: 1301 is debt free.

Reducing Debt: 1301 has not had any debt for past 5 years.

Debt Coverage: 1301 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1301 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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What is United Wire Factories's current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 1301's dividend (3.02%) is higher than the bottom 25% of dividend payers in the SA market (1.95%).

High Dividend: 1301's dividend (3.02%) is low compared to the top 25% of dividend payers in the SA market (4.54%).

Stability and Growth of Payments

Stable Dividend: 1301's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1301's dividend payments have fallen over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (75.1%), 1301's payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (106.1%), 1301's dividend payments are not well covered by cash flows.

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How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Nabil Al-Amir



Mr. Turki Mohammed Al-Qurini serves as Chief Executive Officer at United Wire Factories Company since October 2019.

Leadership Team

Experienced Management: 1301's management team is considered experienced (2.6 years average tenure).

Board Members

Experienced Board: 1301's board of directors are considered experienced (3.2 years average tenure).


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

United Wire Factories Company's employee growth, exchange listings and data sources

Key Information

  • Name: United Wire Factories Company
  • Ticker: 1301
  • Exchange: SASE
  • Founded: 1990
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: ر.س1.048b
  • Shares outstanding: 35.10m
  • Website:

Number of Employees


  • United Wire Factories Company
  • 2nd Industrial City
  • Kharj Road
  • Riyadh
  • Saudi Arabia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Annual Earnings2021/12/31

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.