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Saudi Steel Pipes Company

SASE:1320 Stock Report

Market Cap: ر.س2.9b

Saudi Steel Pipes (1320) Stock Overview

Manufactures and distributes steel pipes in the Kingdom of Saudi Arabia and internationally. More details

1320 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends2/6

Rewards

Trading at 17.7% below our estimate of its fair value

Revenue is forecast to grow 9.82% per year

Trading at good value compared to peers and industry

Risk Analysis

No risks detected for 1320 from our risk checks.

1320 Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

Saudi Steel Pipes Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for Saudi Steel Pipes
Historical stock prices
Current Share Priceر.س58.00
52 Week Highر.س78.80
52 Week Lowر.س47.20
Beta0.65
1 Month Change11.11%
3 Month Change3.94%
1 Year Change-18.88%
3 Year Change202.40%
5 Year Change236.43%
Change since IPO74.17%

Recent News & Updates

Recent updates

Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Right But Growth Is Lacking

Apr 07
Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Right But Growth Is Lacking

Saudi Steel Pipes (TADAWUL:1320) Is Very Good At Capital Allocation

Feb 26
Saudi Steel Pipes (TADAWUL:1320) Is Very Good At Capital Allocation

Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Right But Growth Is Lacking

Dec 25
Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Right But Growth Is Lacking

The Trend Of High Returns At Saudi Steel Pipes (TADAWUL:1320) Has Us Very Interested

Sep 07
The Trend Of High Returns At Saudi Steel Pipes (TADAWUL:1320) Has Us Very Interested

There Is A Reason Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Undemanding

Jul 03
There Is A Reason Saudi Steel Pipes Company's (TADAWUL:1320) Price Is Undemanding

Saudi Steel Pipes Company's (TADAWUL:1320) 145% Share Price Surge Not Quite Adding Up

Mar 18
Saudi Steel Pipes Company's (TADAWUL:1320) 145% Share Price Surge Not Quite Adding Up

Saudi Steel Pipes' (TADAWUL:1320) Performance Is Even Better Than Its Earnings Suggest

Mar 12
Saudi Steel Pipes' (TADAWUL:1320) Performance Is Even Better Than Its Earnings Suggest

The Market Doesn't Like What It Sees From Saudi Steel Pipes Company's (TADAWUL:1320) Earnings Yet

Feb 02
The Market Doesn't Like What It Sees From Saudi Steel Pipes Company's (TADAWUL:1320) Earnings Yet

Saudi Steel Pipes Company (TADAWUL:1320) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Aug 25
Saudi Steel Pipes Company (TADAWUL:1320) Stock Catapults 28% Though Its Price And Business Still Lag The Market

Saudi Steel Pipes (TADAWUL:1320) Is Experiencing Growth In Returns On Capital

Aug 07
Saudi Steel Pipes (TADAWUL:1320) Is Experiencing Growth In Returns On Capital

Saudi Steel Pipes (TADAWUL:1320) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 18
Saudi Steel Pipes (TADAWUL:1320) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

We Like These Underlying Return On Capital Trends At Saudi Steel Pipes (TADAWUL:1320)

Jun 16
We Like These Underlying Return On Capital Trends At Saudi Steel Pipes (TADAWUL:1320)

What Type Of Shareholders Own The Most Number of Saudi Steel Pipes Company (TADAWUL:1320) Shares?

Jan 22
What Type Of Shareholders Own The Most Number of Saudi Steel Pipes Company (TADAWUL:1320) Shares?

If You Had Bought Saudi Steel Pipes (TADAWUL:1320) Shares Three Years Ago You'd Have Earned 83% Returns

Nov 30
If You Had Bought Saudi Steel Pipes (TADAWUL:1320) Shares Three Years Ago You'd Have Earned 83% Returns

Shareholder Returns

1320SA Metals and MiningSA Market
7D4.0%3.9%0.8%
1Y-18.9%23.3%-9.4%

Return vs Industry: 1320 underperformed the SA Metals and Mining industry which returned 23.3% over the past year.

Return vs Market: 1320 underperformed the SA Market which returned -9.4% over the past year.

Price Volatility

Is 1320's price volatile compared to industry and market?
1320 volatility
1320 Average Weekly Movement5.3%
Metals and Mining Industry Average Movement4.9%
Market Average Movement4.7%
10% most volatile stocks in SA Market7.3%
10% least volatile stocks in SA Market2.8%

Stable Share Price: 1320 has not had significant price volatility in the past 3 months compared to the SA market.

Volatility Over Time: 1320's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980n/aRenwar A. Berzinjiwww.sspipe.com

Saudi Steel Pipes Company manufactures and distributes steel pipes in the Kingdom of Saudi Arabia and internationally. The company offers welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and gas, water, industrial, and construction sectors. It also produces ERW/HFI galvanized and threaded steel pipes, and seamless pipes; pipes with three-layer external coating by polyethylene and polypropylene, and epoxy coating; and bended pipes in various diameters and space frame, as well as submerged arc welded pipes.

Saudi Steel Pipes Company Fundamentals Summary

How do Saudi Steel Pipes's earnings and revenue compare to its market cap?
1320 fundamental statistics
Market capر.س2.93b
Earnings (TTM)ر.س174.73m
Revenue (TTM)ر.س1.57b
16.8x
P/E Ratio
1.9x
P/S Ratio

Is 1320 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1320 income statement (TTM)
Revenueر.س1.57b
Cost of Revenueر.س1.17b
Gross Profitر.س400.97m
Other Expensesر.س226.25m
Earningsر.س174.73m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)3.46
Gross Margin25.55%
Net Profit Margin11.13%
Debt/Equity Ratio30.8%

How did 1320 perform over the long term?

See historical performance and comparison

Dividends

1.3%
Current Dividend Yield
17%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/12 06:23
End of Day Share Price 2025/07/10 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Saudi Steel Pipes Company is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kais KriaaAlphaMena
Tarek El-ShawarbyEFG-Hermes Research
Eyad FarajGoldman Sachs