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2020

SABIC Agri-Nutrients SASE:2020 Stock Report

Last Price

ر.س154.00

Market Cap

ر.س73.3b

7D

10.2%

1Y

23.2%

Updated

12 Aug, 2022

Data

Company Financials +
2020 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance6/6
Financial Health6/6
Dividends5/6

2020 Stock Overview

SABIC Agri-Nutrients Company engages in the production, conversion, manufacturing, marketing, and trade of agri-nutrients products in Saudi Arabia.

SABIC Agri-Nutrients Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SABIC Agri-Nutrients
Historical stock prices
Current Share Priceر.س154.00
52 Week Highر.س202.40
52 Week Lowر.س119.20
Beta0.43
1 Month Change19.38%
3 Month Change2.26%
1 Year Change23.20%
3 Year Change83.33%
5 Year Change148.15%
Change since IPO1,399.22%

Recent News & Updates

Aug 12
Rainbows and Unicorns: SABIC Agri-Nutrients Company (TADAWUL:2020) Analysts Just Became A Lot More Optimistic

Rainbows and Unicorns: SABIC Agri-Nutrients Company (TADAWUL:2020) Analysts Just Became A Lot More Optimistic

Shareholders in SABIC Agri-Nutrients Company ( TADAWUL:2020 ) may be thrilled to learn that the analysts have just...

Shareholder Returns

2020SA ChemicalsSA Market
7D10.2%4.0%2.6%
1Y23.2%-9.2%20.7%

Return vs Industry: 2020 exceeded the SA Chemicals industry which returned -9.2% over the past year.

Return vs Market: 2020 exceeded the SA Market which returned 20.7% over the past year.

Price Volatility

Is 2020's price volatile compared to industry and market?
2020 volatility
2020 Average Weekly Movement5.6%
Chemicals Industry Average Movement5.3%
Market Average Movement5.1%
10% most volatile stocks in SA Market7.9%
10% least volatile stocks in SA Market3.3%

Stable Share Price: 2020 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 2020's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965n/aAbdulrahman Shamsaddinhttps://www.sabic-agrinutrients.com

SABIC Agri-Nutrients Company engages in the production, conversion, manufacturing, marketing, and trade of agri-nutrients products in Saudi Arabia. The company operates in two segments, Petrochemicals and Agri-nutrients. It offers urea; ammonia; methanol; phosphate and compound fertilizers; and nitrogen-based inorganic products, including DAP, MAP, 2-ethyl hexanol, dioctyl phthalate, and other products.

SABIC Agri-Nutrients Fundamentals Summary

How do SABIC Agri-Nutrients's earnings and revenue compare to its market cap?
2020 fundamental statistics
Market Capر.س73.31b
Earnings (TTM)ر.س9.51b
Revenue (TTM)ر.س16.60b

7.7x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2020 income statement (TTM)
Revenueر.س16.60b
Cost of Revenueر.س5.27b
Gross Profitر.س11.33b
Other Expensesر.س1.82b
Earningsر.س9.51b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)19.97
Gross Margin68.23%
Net Profit Margin57.26%
Debt/Equity Ratio0%

How did 2020 perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

21%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 2020 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings 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 2020?

Other financial metrics that can be useful for relative valuation.

2020 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/Revenue3.9x
Enterprise Value/EBITDA5.9x
PEG Ratio-0.3x

Price to Earnings Ratio vs Peers

How does 2020's PE Ratio compare to its peers?

2020 PE Ratio vs Peers
The above table shows the PE ratio for 2020 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.5x
2310 Sahara International Petrochemical
7.9x-13.5%ر.س36.9b
2290 Yanbu National Petrochemical
27.5x14.2%ر.س29.9b
2350 Saudi Kayan Petrochemical
16.4x12.3%ر.س24.2b
1211 Saudi Arabian Mining Company (Ma'aden)
26.2x-7.6%ر.س173.8b
2020 SABIC Agri-Nutrients
7.7x-25.6%ر.س73.3b

Price-To-Earnings vs Peers: 2020 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (19.5x).


Price to Earnings Ratio vs Industry

How does 2020's PE Ratio compare vs other companies in the Asian Chemicals Industry?

Price-To-Earnings vs Industry: 2020 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the SA Chemicals industry average (16x)


Price to Earnings Ratio vs Fair Ratio

What is 2020's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2020 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2020's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 2020 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2020 (SAR154) is trading below our estimate of fair value (SAR196.31)

Significantly Below Fair Value: 2020 is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is SABIC Agri-Nutrients forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-25.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2020's earnings are forecast to decline over the next 3 years (-25.6% per year).

Earnings vs Market: 2020's earnings are forecast to decline over the next 3 years (-25.6% per year).

High Growth Earnings: 2020's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 2020's revenue is expected to decline over the next 3 years (-23.8% per year).

High Growth Revenue: 2020's revenue is forecast to decline over the next 3 years (-23.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2020's Return on Equity is forecast to be high in 3 years time (24.2%)


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Past Performance

How has SABIC Agri-Nutrients performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


43.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 2020 has high quality earnings.

Growing Profit Margin: 2020's current net profit margins (57.3%) are higher than last year (37.7%).


Past Earnings Growth Analysis

Earnings Trend: 2020's earnings have grown significantly by 43.6% per year over the past 5 years.

Accelerating Growth: 2020's earnings growth over the past year (403.1%) exceeds its 5-year average (43.6% per year).

Earnings vs Industry: 2020 earnings growth over the past year (403.1%) exceeded the Chemicals industry 113.9%.


Return on Equity

High ROE: 2020's Return on Equity (52.8%) is considered outstanding.


Discover strong past performing companies

Financial Health

How is SABIC Agri-Nutrients's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 2020's short term assets (SAR13.9B) exceed its short term liabilities (SAR3.9B).

Long Term Liabilities: 2020's short term assets (SAR13.9B) exceed its long term liabilities (SAR1.2B).


Debt to Equity History and Analysis

Debt Level: 2020 is debt free.

Reducing Debt: 2020 had no debt 5 years ago.

Debt Coverage: 2020 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2020 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is SABIC Agri-Nutrients's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.19%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 2020's dividend (5.19%) is higher than the bottom 25% of dividend payers in the SA market (1.84%).

High Dividend: 2020's dividend (5.19%) is in the top 25% of dividend payers in the SA market (4.3%)


Stability and Growth of Payments

Stable Dividend: 2020's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2020's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (21.3%), 2020's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (44.4%), 2020's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.6yrs

Average board tenure


CEO

Abdulrahman Shamsaddin

0.58

Tenure

Eng. Abdulrahman Ahmed Shamsaddin serves as Chief Executive Officer and President at SABIC Agri-Nutrients Company since January 1, 2022. He served as Executive Vice President of Shared Services at Saudi Ba...


Board Members

Experienced Board: 2020'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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SABIC Agri-Nutrients Company's employee growth, exchange listings and data sources


Key Information

  • Name: SABIC Agri-Nutrients Company
  • Ticker: 2020
  • Exchange: SASE
  • Founded: 1965
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Implied Market Cap: ر.س73.309b
  • Shares outstanding: 476.04m
  • Website: https://www.sabic-agrinutrients.com

Location

  • SABIC Agri-Nutrients Company
  • Jubail Industrial City
  • PO Box 10046
  • Al Jubaila
  • 31961
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/11 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.