Saudi Basic Industries
Market Cap
ر.س266.4b
Last Updated
2020/09/25 00:53 UTC
Data Sources
Company Financials +
Executive Summary
Saudi Basic Industries Corporation manufactures, markets, and distributes chemicals, polymers, plastics, agri-nutrients, and metal products worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Saudi Basic Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2010 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.2%
2010
-1.2%
SA Chemicals
-0.2%
SA Market
1 Year Return
-4.3%
2010
-1.0%
SA Chemicals
-0.6%
SA Market
Return vs Industry: 2010 underperformed the SA Chemicals industry which returned -0.3% over the past year.
Return vs Market: 2010 underperformed the SA Market which returned -0.4% over the past year.
Shareholder returns
| 2010 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.2% | -1.2% | -0.2% |
| 30 Day | 0.3% | 1.2% | 4.7% |
| 90 Day | 1.3% | 5.6% | 12.0% |
| 1 Year | 0.4%-4.3% | 3.6%-1.0% | 2.7%-0.6% |
| 3 Year | -2.1%-13.6% | 7.0%-5.0% | 18.0%6.8% |
| 5 Year | 43.3%13.8% | 40.1%14.2% | 31.6%10.5% |
Price Volatility Vs. Market
How volatile is Saudi Basic Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Here's What's Concerning About Saudi Basic Industries (TADAWUL:2010)3 months ago | Simply Wall St
Here’s why Saudi Basic Industries Corporation’s (TADAWUL:2010) Returns On Capital Matters So Much4 months ago | Simply Wall St
The Saudi Basic Industries (TADAWUL:2010) Share Price Is Down 29% So Some Shareholders Are Getting WorriedValuation
Is Saudi Basic Industries undervalued compared to its fair value and its price relative to the market?
41.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2010 (SAR88.8) is trading below our estimate of fair value (SAR151.99)
Significantly Below Fair Value: 2010 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2010 is unprofitable, so we can't compare its PE Ratio to the SA Chemicals industry average.
PE vs Market: 2010 is unprofitable, so we can't compare its PE Ratio to the SA market.
Price to Earnings Growth Ratio
PEG Ratio: 2010 is unprofitable, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 2010's PB Ratio (1.6x) is in line with the SA Chemicals industry average.
Next Steps
Future Growth
How is Saudi Basic Industries forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
56.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2010 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (8.8%).
Earnings vs Market: 2010 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 2010's is expected to become profitable in the next 3 years.
Revenue vs Market: 2010's revenue (7.5% per year) is forecast to grow slower than the SA market (13.1% per year).
High Growth Revenue: 2010's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2010's Return on Equity is forecast to be low in 3 years time (8%).
Next Steps
Past Performance
How has Saudi Basic Industries performed over the past 5 years?
-17.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2010 is currently unprofitable.
Growing Profit Margin: 2010 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2010 is unprofitable, and losses have increased over the past 5 years at a rate of 17.1% per year.
Accelerating Growth: Unable to compare 2010's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2010 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-21.3%).
Return on Equity
High ROE: 2010 has a negative Return on Equity (-1.44%), as it is currently unprofitable.
Next Steps
Financial Health
How is Saudi Basic Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 2010's short term assets (SAR76.5B) exceed its short term liabilities (SAR39.0B).
Long Term Liabilities: 2010's short term assets (SAR76.5B) exceed its long term liabilities (SAR57.0B).
Debt to Equity History and Analysis
Debt Level: 2010 is debt free.
Reducing Debt: 2010 has no debt compared to 5 years ago when its debt to equity ratio was 35.6%.
Debt Coverage: 2010 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2010 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Saudi Basic Industries's current dividend yield, its reliability and sustainability?
3.38%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2010's dividend (3.38%) is higher than the bottom 25% of dividend payers in the SA market (2.32%).
High Dividend: 2010's dividend (3.38%) is low compared to the top 25% of dividend payers in the SA market (5.22%).
Stability and Growth of Payments
Stable Dividend: 2010's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2010's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (918.3%), 2010's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 2010's dividends in 3 years are forecast to be covered by earnings (87% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.3yrs
Average management tenure
CEO
Yousef Bin Abdullah Al-Benyan
5.67yrs
Tenure
ر.س477,000
Compensation
Mr. Yousef Bin Abdullah Al-Benyan serves as Non-Executive Chairman at Saudi Arabian Fertilizer Company since 2020. He is Chief Executive Officer of Saudi Basic Industries Corporation and has been its Vice ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & CEO | 5.67yrs | ر.س477.00k | 0.0015% SAR 3.9m | |
| Executive Chairman | 0.25yr | no data | no data | |
| Executive Vice President of Corporate Finance | 2.67yrs | no data | no data | |
| Executive Vice President of Technology and Innovation | 0.92yr | no data | no data | |
| VP & General Counsel | 3.67yrs | no data | no data | |
| Executive Vice President of Corporate Human Resources | 5.33yrs | no data | no data | |
| Executive Vice President of Agri-Nutrients | no data | no data | no data | |
| Executive Vice President of Specialties | no data | no data | no data | |
| Executive Vice President of Engineering & Project Management | 7.67yrs | no data | no data | |
| Executive Vice President of Petrochemicals | 6.58yrs | no data | no data | |
| Executive Vice President of Manufacturing | 5.33yrs | no data | no data | |
| Executive Vice President of Shared Services | 0.67yr | no data | no data |
5.3yrs
Average Tenure
Experienced Management: 2010's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman & CEO | 5.67yrs | ر.س477.00k | 0.0015% SAR 3.9m | |
| Executive Chairman | 0.25yr | no data | no data | |
| Non-Executive Director | 2.92yrs | ر.س483.00k | no data | |
| Independent Director | no data | ر.س507.00k | 0.043% SAR 115.6m | |
| Independent Director | 2.42yrs | ر.س454.37k | 0.000010% SAR 26.6k | |
| Independent Director | 13.42yrs | ر.س525.00k | 0.010% SAR 26.6m | |
| Independent Director | 4yrs | ر.س498.00k | no data | |
| Non-Executive Director | 0.25yr | no data | no data | |
| Non- Executive Director | 0.25yr | no data | no data |
2.7yrs
Average Tenure
Experienced Board: 2010's board of directors are not considered experienced ( 2.7 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 Basic Industries Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Saudi Basic Industries Corporation
- Ticker: 2010
- Exchange: SASE
- Founded: 1976
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ر.س266.400b
- Shares outstanding: 3.00b
- Website: https://www.sabic.com
Number of Employees
Location
- Saudi Basic Industries Corporation
- PO Box 5101
- Qurtubah district
- Riyadh
- 11422
- Saudi Arabia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2010 | SASE (Saudi Arabian Stock Exchange) | Yes | Ordinary Shares | SA | SAR | Dec 1995 |
Biography
Saudi Basic Industries Corporation manufactures, markets, and distributes chemicals, polymers, plastics, agri-nutrients, and metal products worldwide. The company operates through Petrochemicals & Specialt ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/25 00:53 |
| End of Day Share Price | 2020/09/24 00:00 |
| Earnings | 2020/06/30 |
| 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.