company background image
2090

National GypsumSASE:2090 Stock Report

Market Cap

ر.س1.5b

7D

-6.1%

1Y

80.2%

Updated

25 Oct, 2021

Data

Company Financials
2090 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends1/6

2090 Overview

National Gypsum Company manufactures and sells gypsum and its derivatives in the Kingdom of Saudi Arabia and internationally.

Risk Analysis

No risks detected for 2090 from our risk checks.

National Gypsum Competitors

Eagle Materials

NYSE:EXP

US$6.1b

Price History & Performance

Summary of all time highs, changes and price drops for National Gypsum
Historical stock prices
Current Share Priceر.س46.05
52 Week Highر.س22.70
52 Week Lowر.س57.00
Beta0.50
1 Month Change-6.02%
3 Month Change-11.10%
1 Year Change80.24%
3 Year Change274.39%
5 Year Change375.72%
Change since IPO-79.54%

Recent News & Updates

Jun 13
Here's Why We Think National Gypsum (TADAWUL:2090) Is Well Worth Watching

Here's Why We Think National Gypsum (TADAWUL:2090) Is Well Worth Watching

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

May 23
There's Been No Shortage Of Growth Recently For National Gypsum's (TADAWUL:2090) Returns On Capital

There's Been No Shortage Of Growth Recently For National Gypsum's (TADAWUL:2090) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

2090SA Basic MaterialsSA Market
7D-6.1%-1.9%0.4%
1Y80.2%12.1%18.3%

Return vs Industry: 2090 exceeded the SA Basic Materials industry which returned 14.2% over the past year.

Return vs Market: 2090 exceeded the SA Market which returned 17.4% over the past year.

Price Volatility

Is 2090's price volatile compared to industry and market?
2090 volatility
2090 Beta0.50
Industry Beta0.57
Market Beta1

Stable Share Price: 2090 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 2090's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1958n/an/ahttps://www.gypsco.com.sa

National Gypsum Company manufactures and sells gypsum and its derivatives in the Kingdom of Saudi Arabia and internationally. The company offers regular, and fire and moisture resistant plaster boards; and boards laminated with lead sheet. It also provides gypsum powder products, such as plastering, sprinkling, spraying machine, adhesive, agricultural, and other products.

National Gypsum Fundamentals Summary

How do National Gypsum's earnings and revenue compare to its market cap?
2090 fundamental statistics
Market Capر.س1.47b
Earnings (TTM)ر.س34.19m
Revenue (TTM)ر.س101.08m

42.7x

P/E Ratio

14.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2090 income statement (TTM)
Revenueر.س101.08m
Cost of Revenueر.س55.07m
Gross Profitر.س46.01m
Expensesر.س11.82m
Earningsر.س34.19m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.08
Gross Margin45.52%
Net Profit Margin33.82%
Debt/Equity Ratio0.0%

How did 2090 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

56%

Payout Ratio

Valuation

Is National Gypsum undervalued compared to its fair value and its price relative to the market?

42.65x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 2090 (SAR46.05) is trading above our estimate of fair value (SAR18.25)

Significantly Below Fair Value: 2090 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2090 is poor value based on its PE Ratio (42.7x) compared to the Asian Basic Materials industry average (14x).

PE vs Market: 2090 is poor value based on its PE Ratio (42.7x) compared to the SA market (18.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2090's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2090 is overvalued based on its PB Ratio (3.1x) compared to the XA Basic Materials industry average (1.4x).


Future Growth

How is National Gypsum forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.2%

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 National Gypsum 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.


Past Performance

How has National Gypsum performed over the past 5 years?

46.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2090 has high quality earnings.

Growing Profit Margin: 2090's current net profit margins (33.8%) are lower than last year (39.5%).


Past Earnings Growth Analysis

Earnings Trend: 2090's earnings have grown significantly by 46.1% per year over the past 5 years.

Accelerating Growth: 2090's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2090 had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Basic Materials industry average (-0.9%).


Return on Equity

High ROE: 2090's Return on Equity (7.2%) is considered low.


Financial Health

How is National Gypsum's financial position?


Financial Position Analysis

Short Term Liabilities: 2090's short term assets (SAR150.4M) exceed its short term liabilities (SAR11.9M).

Long Term Liabilities: 2090's short term assets (SAR150.4M) exceed its long term liabilities (SAR3.7M).


Debt to Equity History and Analysis

Debt Level: 2090 is debt free.

Reducing Debt: 2090 had no debt 5 years ago.

Debt Coverage: 2090 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2090 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is National Gypsum current dividend yield, its reliability and sustainability?

1.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2090's dividend (1.3%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.4%).

High Dividend: 2090's dividend (1.3%) is low compared to the top 25% of dividend payers in the SA market (4.11%).


Stability and Growth of Payments

Stable Dividend: 2090's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2090's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55.6%), 2090's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

National Gypsum has no CEO, or we have no data on them.


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

National Gypsum Company's employee growth, exchange listings and data sources


Key Information

  • Name: National Gypsum Company
  • Ticker: 2090
  • Exchange: SASE
  • Founded: 1958
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ر.س1.469b
  • Shares outstanding: 31.67m
  • Website: https://www.gypsco.com.sa

Location

  • National Gypsum Company
  • PO Box 187
  • Riyadh
  • 11411
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:50
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.