New Risk • May 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-ر.س70m free cash flow). Earnings have declined by 37% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (7.9% average weekly change). Board Change • May 20
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. Independent Director Yousif Abdullah Abdul Al-Rajhi is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Mar 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-ر.س70m free cash flow). Earnings have declined by 37% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Reported Earnings • Nov 13
Third quarter 2025 earnings released: ر.س0.63 loss per share (vs ر.س0.36 loss in 3Q 2024) Third quarter 2025 results: ر.س0.63 loss per share (further deteriorated from ر.س0.36 loss in 3Q 2024). Revenue: ر.س157.5m (down 12% from 3Q 2024). Net loss: ر.س42.4m (loss widened 73% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. New Risk • Aug 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Saudi stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change). Reported Earnings • Aug 15
Second quarter 2025 earnings released: ر.س6.33 loss per share (vs ر.س0.42 loss in 2Q 2024) Second quarter 2025 results: ر.س6.33 loss per share (further deteriorated from ر.س0.42 loss in 2Q 2024). Revenue: ر.س152.4m (down 9.9% from 2Q 2024). Net loss: ر.س427.3m (loss widened ر.س399.0m from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Announcement • Jun 05
Methanol Chemicals Company, Annual General Meeting, Jun 30, 2025 Methanol Chemicals Company, Annual General Meeting, Jun 30, 2025, at 19:00 Arab Standard Time. Location: jubail Saudi Arabia Reported Earnings • May 20
First quarter 2025 earnings released: ر.س0.60 loss per share (vs ر.س0.36 loss in 1Q 2024) First quarter 2025 results: ر.س0.60 loss per share (further deteriorated from ر.س0.36 loss in 1Q 2024). Revenue: ر.س167.9m (down 8.4% from 1Q 2024). Net loss: ر.س42.4m (loss widened 73% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Announcement • Apr 15
Methanol Chemicals Company (Chemanol) Announces Board Changes Methanol Chemicals Company (Chemanol) announced that its Board of Directors has resolved, by circulation, on April 10, 2025 to appoint Mr. Fahad Fozan Al-Shaya as Vice Chairman of the Board (Non-Executive Member) in place of Mr. Yousif Abdullah Al-Rajhi (Independent Member) effective as of the Resolution's date. However, Mr. Yousef will remain a member of the Board of Directors. Reported Earnings • Apr 01
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: ر.س4.04 loss per share (further deteriorated from ر.س2.64 loss in FY 2023). Revenue: ر.س710.5m (down 2.4% from FY 2023). Net loss: ر.س272.3m (loss widened 53% from FY 2023). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 175%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 13
Third quarter 2024 earnings released: ر.س0.36 loss per share (vs ر.س0.36 loss in 3Q 2023) Third quarter 2024 results: ر.س0.36 loss per share (improved from ر.س0.36 loss in 3Q 2023). Revenue: ر.س179.3m (flat on 3Q 2023). Net loss: ر.س24.4m (flat on 3Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 12
Second quarter 2024 earnings released: ر.س0.42 loss per share (vs ر.س0.15 loss in 2Q 2023) Second quarter 2024 results: ر.س0.42 loss per share (further deteriorated from ر.س0.15 loss in 2Q 2023). Revenue: ر.س169.0m (down 11% from 2Q 2023). Net loss: ر.س28.3m (loss widened 178% from 2Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Announcement • May 25
Methanol Chemicals Company, Annual General Meeting, Jun 13, 2024 Methanol Chemicals Company, Annual General Meeting, Jun 13, 2024, at 18:30 Arab Standard Time. Location: jubail Saudi Arabia Reported Earnings • May 21
First quarter 2024 earnings released First quarter 2024 results: Revenue: ر.س183.3m (down 1.2% from 1Q 2023). Net loss: ر.س24.5m (loss narrowed 50% from 1Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has fallen by 15% per year and the company’s share price has also fallen by 15% per year. Buy Or Sell Opportunity • Apr 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to ر.س16.64. The fair value is estimated to be ر.س20.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Mar 29
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: ر.س2.64 loss per share (down from ر.س3.06 profit in FY 2022). Revenue: ر.س728.0m (down 32% from FY 2022). Net loss: ر.س177.8m (down 186% from profit in FY 2022). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 71%. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Announcement • Mar 07
Methanol Chemicals Company Appoints Sabri Abdullah Al-Ghamdi as Chief Executive Officer Methanol Chemicals Company announced the decision of its Board of Directors dated March 7, 2024 to appoint Eng./Sabri Abdullah Al-Ghamdi as Chief Executive Officer (CEO) of the company in addition to his responsibilities as a Board member and Managing Director, as of March 7, 2024. Engineer Sabri Al-Ghamdi holds a bachelor's degree in chemical engineering from King Fahd University of Petroleum & Minerals and has more than 30 years of professional experience in the petrochemical industries and projects development sector. He also holds several board memberships in various sectors. Announcement • Feb 16
Methanol Chemicals Company has filed a Follow-on Equity Offering in the amount of SAR 674.50863 million. Methanol Chemicals Company has filed a Follow-on Equity Offering in the amount of SAR 674.50863 million.
Security Name: Shares
Security Type: Common Stock
Transaction Features: Rights Offering Reported Earnings • Nov 11
Third quarter 2023 earnings released: ر.س0.36 loss per share (vs ر.س0.41 profit in 3Q 2022) Third quarter 2023 results: ر.س0.36 loss per share (down from ر.س0.41 profit in 3Q 2022). Revenue: ر.س180.8m (down 25% from 3Q 2022). Net loss: ر.س24.6m (down 189% from profit in 3Q 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Jun 20
Methanol Chemicals Company (SASE:2001) has signed a binding offer to acquire 80% of Global Company for Chemical Industries Ltd. (GCI) from Addar Group. Methanol Chemicals Company (SASE:2001) has signed a binding offer to acquire 80% of Global Company for Chemical Industries Ltd. (GCI) from Addar Group on June 18, 2023. The binding offer only valid a period of 6 months from the date of its signature. The transaction is subject to completion of the financial and legal due diligence and regulatory approvals from the relevant authorities, including the approval of the General Authority for Competition procedures. Price Target Changed • Apr 28
Price target decreased by 9.3% to ر.س24.50 Down from ر.س27.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ر.س25.00. Stock is down 49% over the past year. The company is forecast to post earnings per share of ر.س2.47 for next year compared to ر.س3.06 last year. Price Target Changed • Dec 19
Price target increased to ر.س29.00 Up from ر.س26.75, the current price target is provided by 1 analyst. New target price is 12% above last closing price of ر.س26.00. Stock is down 27% over the past year. The company is forecast to post earnings per share of ر.س3.79 for next year compared to ر.س3.62 last year. Price Target Changed • Nov 16
Price target increased to ر.س31.25 Up from ر.س26.75, the current price target is an average from 2 analysts. New target price is 8.1% above last closing price of ر.س28.90. Stock is down 27% over the past year. The company is forecast to post earnings per share of ر.س4.95 for next year compared to ر.س3.62 last year. Board Change • Nov 16
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 5 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Vice-Chairman of the Board Melfi Manahi Al-Marzoqi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: ر.س0.41 (vs ر.س1.10 in 3Q 2021) Third quarter 2022 results: EPS: ر.س0.41 (down from ر.س1.10 in 3Q 2021). Revenue: ر.س239.8m (down 3.9% from 3Q 2021). Net income: ر.س27.6m (down 63% from 3Q 2021). Profit margin: 12% (down from 30% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is expected to fall by 16% p.a. on average during the next 3 years compared to a 6.8% decline forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Announcement • Oct 20
Methanol Chemicals Company (Chemanol) Announces the Appointment of Abdullah Abdulrahman Bu-Ali as A Member of the Audit Committee Methanol Chemicals Company announced that its Board of Directors has resolved to appoint Mr. Abdullah Abdulrahman Bu-Ali (Non-Executive Board Member) as a member of the Audit Committee starting from October 19, 2022 until the end of the term of the current Board on November 11, 2024. Mr. Abdullah Bu-Ali holds a Bachelor-s degree in Industrial Management from the King Fahd University of Petroleum & Minerals. He served for more than 30 years in various leadership positions at Saudi Arabia Basic Industries Corporation (SABIC) and its affiliates. Previously, held the position of Chairman of the Board of Directors of MARAFIQ Water and Power Supply Co. (TAWREED). He also held membership and Chairmanship of the Audit Committee of Jubail Water and Power Co. and membership of Marafiq Insurance Limited. He is now a Board Member in Chemanol and the Saudi Water Partnership Company (SWPC), and the Chairman of Audit Committee of both the Advanced Petrochemical Co. and the Saudi Water Partnership Company (SWPC). Announcement • Sep 02
Methanol Chemicals Company Appoints Habes Yaseen Al Shammary as Chief Operation Officer Methanol Chemicals Company announced that it is has appointed Mr. Habes Yaseen Al Shammary as Chief Operation Officer (COO) as of September 1, 2022. Mr. Habes Al Shammary worked at Saudi Aramco over 36 years during which he had assumed various administrative positions. He participated in major projects including but not limited to SATORP and LUBEREF. Mr. Al Shammary also held several Senior and Consulting positions in the Petrochemicals industry; he was Vice President at Nama Chemicals Co. and Consultant at the Military Industries Sector of the Saudi Chemical company. Announcement • Sep 01
Methanol Chemicals Co. Announces Resignation of Ali Mohamed Al-Asiri as Chief Executive Officer Methanol Chemicals Co. (Chemanol) announces that its Board of Directors has accepted the resignation of Eng. Ali Mohamed Al-Asiri from his position as the Chief Executive Officer (CEO) of the Company. The resignation which was submitted on August 25, 2022, for personal reasons will take effect as of August 31, 2022. The Company will announce in due course any developments regarding the appointment or assignment of a new CEO. Reported Earnings • Aug 22
Second quarter 2022 earnings released: EPS: ر.س1.37 (vs ر.س0.89 in 2Q 2021) Second quarter 2022 results: EPS: ر.س1.37 (up from ر.س0.89 in 2Q 2021). Revenue: ر.س325.8m (up 43% from 2Q 2021). Net income: ر.س92.2m (up 53% from 2Q 2021). Profit margin: 28% (up from 26% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 36% compared to a 3.7% decline forecast for the Chemicals industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • Aug 04
Methanol Chemicals Company (Chemanol) Announces Appointment of Sabri Abdullah Al-Ghamdi as Managing Director Methanol Chemicals Company announced the Board of Directors' decision (by correspondence) to accept the appoint Eng. Sabri Abdullah Al-Ghamdi (Independent Member) as a Managing Director. Eng. Sabri Al-Ghamdi holds a Bachelor-s degree in Chemical Engineering from King Fahd University of Petroleum and Minerals (KFUPM), and has extensive experience in petrochemical industries, where he held leadership positions in many major companies such as: SABIC, Saudi Aramco, and Global Company for Downstream Industries (GDI). Announcement • Jul 25
Methanol Chemicals Co. Announces Executive Changes Methanol Chemicals Company announced the Board of Directors' decision to accept the resignation of Board Member Eng. Ali Mohammed Al-Asiri (Executive Member), as he submitted his resignation on 24 July 2022 in order to focus on his duties as CEO and on the company's strategy, and the appointment Eng. Sabri Mohammad Al-Ghamdi (Independent Member) as a new board member, starting from 25 July 2022 until the end of the current Board membership on 11 November 2024. Eng. Sabri Al-Ghamdi holds a Bachelors degree in Chemical Engineering from King Fahd University of Petroleum and Minerals (KFUPM), and has extensive experience in petrochemical industries, where he held leadership positions in many major companies such as: SABIC, Saudi Aramco, and Global Company for Downstream Industries (GDI). Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 19% share price gain to ر.س35.70, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 14x in the Chemicals industry in Saudi Arabia. Total returns to shareholders of 171% over the past three years. Announcement • May 26
Methanol Chemicals Company, Annual General Meeting, Jun 16, 2022 Methanol Chemicals Company, Annual General Meeting, Jun 16, 2022, at 18:30 Arabian Standard Time. Agenda: To consider various matters. Reported Earnings • May 20
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: ر.س1.52 (up from ر.س0.44 in 1Q 2021). Revenue: ر.س305.6m (up 57% from 1Q 2021). Net income: ر.س102.7m (up 244% from 1Q 2021). Profit margin: 34% (up from 15% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) also surpassed analyst estimates by 126%. Over the next year, revenue is expected to shrink by 30% compared to a 4.2% growth forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has increased by 41% per year whereas the company’s share price has increased by 44% per year. Price Target Changed • Apr 27
Price target increased to ر.س16.00 Up from ر.س14.86, the current price target is provided by 1 analyst. New target price is 66% below last closing price of ر.س47.40. Stock is up 84% over the past year. The company is forecast to post earnings per share of ر.س0.89 for next year compared to ر.س3.62 last year. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 7 new directors. 2 experienced directors. No highly experienced directors. 4 independent directors (5 non-independent directors). Non-Executive Director Abdullah Bu-Ali is the most experienced director on the board, commencing their role in 2018. Independent Vice-Chairman of the Board Melfi Manahi Al-Marzoqi was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 09
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: ر.س3.62 (up from ر.س4.09 loss in FY 2020). Revenue: ر.س1.01b (up 104% from FY 2020). Net income: ر.س244.0m (up ر.س520.1m from FY 2020). Profit margin: 24% (up from net loss in FY 2020). Revenue exceeded analyst estimates by 18%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 23% compared to a 1.6% decline forecast for the industry in Saudi Arabia. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 35% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improved over the past week After last week's 19% share price gain to ر.س46.30, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 18x in the Chemicals industry in Saudi Arabia. Total returns to shareholders of 197% over the past three years. Announcement • Feb 01
Methanol Chemicals Company Provides Earnings Guidance for the Year Ended December 31, 2021 Methanol Chemicals Company provided interim financial guidance for the year ended December 31, 2021. For the quarter, the company estimates revenue of SAR 1,009.55 million. Operational Profit is estimated at SAR 286.24 million. Net Profit after Zakat and Tax is estimated at SAR 243.98 million. Profit per Share is estimated at SAR 3.62. Announcement • Jan 24
Methanol Chemicals Company Announces the Latest Developments on Obtaining the Approval of the Ministry of Energy for Allocating the Required Feedstock to Expand the Methanol Plant Methanol Chemicals Company obtained the approval of the Ministry of Energy for allocating the required feedstock to expand the Methanol plant to increase its output to 331,000 tons per year by adding around 100,000 tons, the Company wishes to announce that it has signed on January 23, 2022 an agreement for basic engineering design to expand the Methanol plant with the company owning the technology of the existing Methanol plant. This increase will be used as feedstock for the establishment of the Company's expansion plants as announced earlier. Hence, the expansion of the Methanol plant is considered as a fundamental pillar for the Company’s expansion strategy, and it will contribute to achieve the objectives of the Saudi Energy efficiency Program and will have a positive impact in lowering the production costs. Chemanol will announce any material developments related to these projects in due course in accordance with the relevant laws and regulations. Reported Earnings • Nov 03
Third quarter 2021 earnings released: EPS ر.س1.10 (vs ر.س3.00 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ر.س249.6m (up 89% from 3Q 2020). Net income: ر.س74.1m (up ر.س276.6m from 3Q 2020). Profit margin: 30% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Price Target Changed • Sep 22
Price target increased to ر.س17.50 Up from ر.س14.86, the current price target is an average from 2 analysts. New target price is 50% below last closing price of ر.س35.00. Stock is up 85% over the past year. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ر.س0.89 (vs ر.س0.46 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ر.س228.3m (up 132% from 2Q 2020). Net income: ر.س60.2m (up ر.س91.4m from 2Q 2020). Profit margin: 26% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Price Target Changed • Jul 05
Price target increased to ر.س14.86 Up from ر.س10.73, the current price target is provided by 1 analyst. New target price is 43% below last closing price of ر.س26.00. Stock is up 107% over the past year. Reported Earnings • May 10
First quarter 2021 earnings released: EPS ر.س0.25 (vs ر.س0.24 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ر.س194.8m (up 62% from 1Q 2020). Net income: ر.س29.9m (up ر.س58.5m from 1Q 2020). Profit margin: 15% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Announcement • Apr 08
Methanol Chemicals Company Provides Estimated Interim Financial Results for the Quarter Ended March 31, 2021 Methanol Chemicals Company provided estimated interim financial results for the quarter ended March 31, 2021. For the quarter, the company estimates revenue of SAR 194.79 million. Operational Profit is estimated at SAR 35.84 million. Net Profit after Zakat and Tax is estimated at SAR 29.88 million. Profit per Share is estimated at SAR 0.25. Reported Earnings • Mar 30
Full year 2020 earnings released: ر.س2.29 loss per share (vs ر.س0.70 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: ر.س495.7m (down 6.0% from FY 2019). Net loss: ر.س276.1m (loss widened 228% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 01
New 90-day high: ر.س13.38 The company is up 4.0% from its price of ر.س12.88 on 01 December 2020. The Saudi market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: ر.س13.74 The company is up 14% from its price of ر.س12.10 on 29 September 2020. The Saudi market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ر.س1.42 per share. Reported Earnings • Nov 17
Third quarter 2020 earnings released: ر.س1.68 loss per share The company reported a soft third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: ر.س132.3m (up 17% from 3Q 2019). Net loss: ر.س202.5m (loss widened ر.س170.1m from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Nov 17
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 195%. Earnings per share (EPS) also surpassed analyst estimates by 447%. Over the next year, revenue is forecast to grow 41%, compared to a 6.1% growth forecast for the Chemicals industry in Saudi Arabia. Reported Earnings • Nov 10
Third quarter 2020 earnings released: ر.س2.18 loss per share The company reported a decent third quarter result with improved revenues, although control over expenses were weaker and an increased loss. Third quarter 2020 results: Revenue: ر.س351.1m (up 210% from 3Q 2019). Net loss: ر.س262.3m (loss widened ر.س230.0m from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 91% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Nov 10
Revenue and earnings beat expectations Revenue exceeded analyst estimates by 195%. Earnings per share (EPS) also surpassed analyst estimates by 447%. Over the next year, revenue is expected to shrink by 4.6% compared to a 6.2% growth forecast for the Chemicals industry in Saudi Arabia. Is New 90 Day High Low • Sep 23
New 90-day high: ر.س10.60 The company is up 57% from its price of ر.س6.76 on 25 June 2020. The Saudi market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 7.0% over the same period.