1321

East Pipes Integrated Company for Industry SASE:1321 Stock Report

Last Price

ر.س72.10

Market Cap

ر.س1.5b

7D

2.1%

1Y

n/a

Updated

15 Aug, 2022

Data

Company Financials
1321 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

1321 Stock Overview

East Pipes Integrated Company for Industry manufactures and sells spiral steel pipes in the Kingdom of Saudi Arabia.

East Pipes Integrated Company for Industry Competitors

Price History & Performance

Summary of all time highs, changes and price drops for East Pipes Integrated Company for Industry
Historical stock prices
Current Share Priceر.س72.10
52 Week Highر.س94.30
52 Week Lowر.س61.00
Beta0
1 Month Change17.24%
3 Month Change-10.10%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-15.18%

Recent News & Updates

Shareholder Returns

1321SA Metals and MiningSA Market
7D2.1%20.5%2.8%
1Yn/a88.6%20.6%

Return vs Industry: Insufficient data to determine how 1321 performed against the SA Metals and Mining industry.

Return vs Market: Insufficient data to determine how 1321 performed against the SA Market.

Price Volatility

Is 1321's price volatile compared to industry and market?
1321 volatility
1321 Average Weekly Movement4.8%
Metals and Mining Industry Average Movement5.2%
Market Average Movement5.0%
10% most volatile stocks in SA Market8.0%
10% least volatile stocks in SA Market3.2%

Stable Share Price: 1321 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: Insufficient data to determine 1321's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010n/aMohammed Abdelaziz Al-Shaheenhttps://www.eastpipes.com

East Pipes Integrated Company for Industry manufactures and sells spiral steel pipes in the Kingdom of Saudi Arabia. The company provides steel pipes for water, oil, and gas applications; double jointing solutions; coating solutions, including environmental applications; and ancillary services comprising laboratory and technical support services, as well as yard management systems. It is also involved in export activities.

East Pipes Integrated Company for Industry Fundamentals Summary

How do East Pipes Integrated Company for Industry's earnings and revenue compare to its market cap?
1321 fundamental statistics
Market Capر.س1.52b
Earnings (TTM)ر.س839.60k
Revenue (TTM)ر.س654.36m

1,803x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1321 income statement (TTM)
Revenueر.س654.36m
Cost of Revenueر.س612.69m
Gross Profitر.س41.67m
Other Expensesر.س40.83m
Earningsر.س839.60k

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.04
Gross Margin6.37%
Net Profit Margin0.13%
Debt/Equity Ratio34.7%

How did 1321 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1321 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1321?

Other financial metrics that can be useful for relative valuation.

1321 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/Revenue2.6x
Enterprise Value/EBITDA56.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 1321's PS Ratio compare to its peers?

1321 PS Ratio vs Peers
The above table shows the PS ratio for 1321 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.3x
2240 Zamil Industrial Investment
0.4x5.4%ر.س1.4b
1304 Al Yamamah Steel Industries
1.1x6.7%ر.س1.9b
1320 Saudi Steel Pipes
2.5xn/aر.س1.2b
1301 United Wire Factories
1.1xn/aر.س1.1b
1321 East Pipes Integrated Company for Industry
2.3xn/aر.س1.5b

Price-To-Sales vs Peers: 1321 is expensive based on its Price-To-Sales Ratio (2.3x) compared to the peer average (1.3x).


Price to Earnings Ratio vs Industry

How does 1321's PE Ratio compare vs other companies in the Asian Metals and Mining Industry?

Price-To-Sales vs Industry: 1321 is expensive based on its Price-To-Sales Ratio (2.3x) compared to the SA Metals and Mining industry average (1.8x)


Price to Sales Ratio vs Fair Ratio

What is 1321's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1321 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1321's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1321 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1321's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1321's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is East Pipes Integrated Company for Industry forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.6%

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 East Pipes Integrated Company for Industry 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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  • Take a look at our analysis of 1321’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.

Past Performance

How has East Pipes Integrated Company for Industry performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-7.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1321 has a large one-off gain of SAR393.7K impacting its June 30 2022 financial results.

Growing Profit Margin: 1321's current net profit margins (0.1%) are lower than last year (13%).


Past Earnings Growth Analysis

Earnings Trend: 1321's earnings have declined by 7.8% per year over the past 5 years.

Accelerating Growth: 1321's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1321 had negative earnings growth (-99.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (12.4%).


Return on Equity

High ROE: 1321's Return on Equity (0.2%) is considered low.


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Financial Health

How is East Pipes Integrated Company for Industry's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1321's short term assets (SAR597.5M) exceed its short term liabilities (SAR318.7M).

Long Term Liabilities: 1321's short term assets (SAR597.5M) exceed its long term liabilities (SAR32.4M).


Debt to Equity History and Analysis

Debt Level: 1321's net debt to equity ratio (31.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 1321's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1321's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1321's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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Dividend

What is East Pipes Integrated Company for Industry current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1321's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1321'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 1321's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1321's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1321 has not reported any payouts.


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Management

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

1.2yrs

Average management tenure


CEO

Mohammed Abdelaziz Al-Shaheen (44 yo)

1.17yrs

Tenure

Mr. Mohammed Abdelaziz Mohammed Al-Shaheen is the Chief Executive Officer at East Pipes Integrated Company for Industry since June 1, 2021. He was Chief operating officer, Abunayyan Trading Corporation fro...


Leadership Team

Experienced Management: 1321's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1321'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: 1321 only recently listed within the past 12 months.


Top Shareholders

Company Information

East Pipes Integrated Company for Industry's employee growth, exchange listings and data sources


Key Information

  • Name: East Pipes Integrated Company for Industry
  • Ticker: 1321
  • Exchange: SASE
  • Founded: 2010
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: ر.س1.520b
  • Shares outstanding: 21.00m
  • Website: https://www.eastpipes.com

Location

  • East Pipes Integrated Company for Industry
  • Dammam 2nd Industrial City
  • Street No 89
  • Dammam
  • 31483
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/15 00:00
End of Day Share Price2022/08/15 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.