Saudi Basic Industries
Market Cap
ر.س364.2b
Last Updated
2021/08/02 15:31 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 proven track record.
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 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 2010's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
1.2%
2010
1.4%
SA Chemicals
0.2%
SA Market
1 Year Return
36.6%
2010
49.2%
SA Chemicals
15.0%
SA Market
Return vs Industry: 2010 underperformed the SA Chemicals industry which returned 49.2% over the past year.
Return vs Market: 2010 exceeded the SA Market which returned 15% over the past year.
Shareholder returns
| 2010 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 1.4% | 0.2% |
| 30 Day | 0% | 2.0% | -0.2% |
| 90 Day | -0.5% | 3.9% | 0.6% |
| 1 Year | 40.7%36.6% | 53.5%49.2% | 19.4%15.0% |
| 3 Year | 7.0%-5.2% | 19.5%6.9% | 43.9%31.1% |
| 5 Year | 82.6%49.0% | 105.5%70.4% | 106.6%75.7% |
Long-Term 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
10 months ago | Simply Wall St
Here's What's Concerning About Saudi Basic Industries (TADAWUL:2010)Valuation
Is Saudi Basic Industries undervalued compared to its fair value and its price relative to the market?
61.02x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2010 (SAR121.4) is trading above our estimate of fair value (SAR118.14)
Significantly Below Fair Value: 2010 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2010 is poor value based on its PE Ratio (61x) compared to the SA Chemicals industry average (34.8x).
PE vs Market: 2010 is poor value based on its PE Ratio (61x) compared to the SA market (33.7x).
Price to Earnings Growth Ratio
PEG Ratio: 2010 is poor value based on its PEG Ratio (5.3x)
Price to Book Ratio
PB vs Industry: 2010 is good value based on its PB Ratio (2.1x) compared to the SA Chemicals industry average (2.5x).
Future Growth
How is Saudi Basic Industries forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
11.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2010's forecast earnings growth (11.5% per year) is above the savings rate (8.8%).
Earnings vs Market: 2010's earnings (11.5% per year) are forecast to grow faster than the SA market (6.7% per year).
High Growth Earnings: 2010's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2010's revenue (2.4% per year) is forecast to grow slower than the SA market (3.2% per year).
High Growth Revenue: 2010's revenue (2.4% 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 (9.8%).
Past Performance
How has Saudi Basic Industries performed over the past 5 years?
-29.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2010 has high quality earnings.
Growing Profit Margin: 2010's current net profit margins (4.8%) are higher than last year (0.6%).
Past Earnings Growth Analysis
Earnings Trend: 2010's earnings have declined by 29.9% per year over the past 5 years.
Accelerating Growth: 2010's earnings growth over the past year (703%) exceeds its 5-year average (-29.9% per year).
Earnings vs Industry: 2010 earnings growth over the past year (703%) exceeded the Chemicals industry 40.5%.
Return on Equity
High ROE: 2010's Return on Equity (4.2%) is considered low.
Financial Health
How is Saudi Basic Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 2010's short term assets (SAR86.4B) exceed its short term liabilities (SAR38.3B).
Long Term Liabilities: 2010's short term assets (SAR86.4B) exceed its long term liabilities (SAR59.9B).
Debt to Equity History and Analysis
Debt Level: 2010's debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: 2010's debt to equity ratio has reduced from 34.6% to 18.6% over the past 5 years.
Debt Coverage: 2010's debt is well covered by operating cash flow (66.5%).
Interest Coverage: 2010's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
Dividend
What is Saudi Basic Industries's current dividend yield, its reliability and sustainability?
2.68%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 2010's dividend (2.68%) is higher than the bottom 25% of dividend payers in the SA market (1.45%).
High Dividend: 2010's dividend (2.68%) is low compared to the top 25% of dividend payers in the SA market (4.08%).
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 fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (150.8%), 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 (73.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.7yrs
Average management tenure
CEO
Yousef Bin Abdullah Al-Benyan
6.58yrs
Tenure
ر.س725,000
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
Experienced Management: 2010's management team is considered experienced (4.7 years average tenure).
Board Members
Experienced Board: 2010's board of directors are considered experienced (3.6 years average tenure).
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.س364.200b
- Shares outstanding: 3.00b
- Website: https://www.sabic.com
Number of Employees
Location
- Saudi Basic Industries Corporation
- PO Box 5101
- Riyadh
- 11422
- Saudi Arabia
Listings
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 | 2021/08/02 15:31 |
| End of Day Share Price | 2021/08/02 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
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.