Alujain Future Growth

Future criteria checks 4/6

Alujain is forecast to grow earnings and revenue by 123.6% and 11.5% per annum respectively. EPS is expected to grow by 121.1% per annum. Return on equity is forecast to be 6.3% in 3 years.

Key information

123.6%

Earnings growth rate

121.1%

EPS growth rate

Chemicals earnings growth	45.6%
Revenue growth rate	11.5%
Future return on equity	6.3%
Analyst coverage	Low
Last updated	17 Jan 2024

Recent future growth updates

Recent updates

Here's Why We Don't Think Alujain Holding's (TADAWUL:2170) Statutory Earnings Reflect Its Underlying Earnings Potential

Dec 17

Earnings and Revenue Growth Forecasts

SASE:2170 - Analysts future estimates and past financials data (SAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	1,768	183	N/A	265	2
12/31/2024	1,670	56	N/A	257	2
12/31/2023	1,397	-82	225	417	N/A
9/30/2023	1,675	7	151	254	N/A
6/30/2023	1,626	10	168	251	N/A
3/31/2023	1,799	56	182	213	N/A
12/31/2022	1,911	65	223	355	N/A
9/30/2022	1,960	1,551	236	382	N/A
6/30/2022	1,593	1,589	168	304	N/A
3/31/2022	1,024	1,618	158	290	N/A
12/31/2021	519	1,622	61	81	N/A
9/30/2021	20	264	-30	-30	N/A
6/30/2021	17	223	-27	-27	N/A
3/31/2021	15	314	-19	-19	N/A
12/31/2020	14	207	-64	-64	N/A
9/30/2020	16	602	-30	-30	N/A
6/30/2020	20	477	-29	-28	N/A
3/31/2020	24	224	-10	-10	N/A
12/31/2019	24	191	-1	-1	N/A
9/30/2019	25	-307	8	8	N/A
6/30/2019	25	-171	11	11	N/A
3/31/2019	26	-36	-7	-6	N/A
12/31/2018	26	105	-11	-10	N/A
9/30/2018	26	213	-18	-16	N/A
6/30/2018	26	221	-17	-15	N/A
3/31/2018	27	170	-23	-22	N/A
12/31/2017	28	136	-20	-19	N/A
9/30/2017	21	115	N/A	-13	N/A
6/30/2017	-647	115	N/A	-176	N/A
3/31/2017	-299	141	N/A	-159	N/A
12/31/2016	N/A	115	N/A	-17	N/A
9/30/2016	401	106	N/A	132	N/A
6/30/2016	1,475	114	N/A	419	N/A
3/31/2016	1,545	126	N/A	472	N/A
12/31/2015	1,461	106	N/A	492	N/A
9/30/2015	1,633	144	N/A	505	N/A
6/30/2015	1,768	133	N/A	577	N/A
3/31/2015	1,901	136	N/A	521	N/A
12/31/2014	2,133	167	N/A	479	N/A
9/30/2014	2,147	136	N/A	463	N/A
6/30/2014	2,096	158	N/A	455	N/A
3/31/2014	2,058	140	N/A	421	N/A
12/31/2013	1,876	110	N/A	304	N/A
9/30/2013	1,826	93	N/A	101	N/A
6/30/2013	1,852	47	N/A	4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2170 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (14.3%).

Earnings vs Market: 2170 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 2170 is expected to become profitable in the next 3 years.

Revenue vs Market: 2170's revenue (11.5% per year) is forecast to grow faster than the SA market (0.4% per year).

High Growth Revenue: 2170's revenue (11.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2170's Return on Equity is forecast to be low in 3 years time (6.3%).

Alujain Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 140%

Price target increased by 8.8% to ر.س53.37

Recent updates

Alujain Corporation, Annual General Meeting, Apr 28, 2024

Alujain Corporation, Annual General Meeting, Apr 28, 2024

Full year 2023 earnings released: ر.س1.61 loss per share (vs ر.س1.31 profit in FY 2022)

Consensus EPS estimates increase by 140%

Price target increased by 8.8% to ر.س53.37

Basell International Holdings B.V. signed an agreement to acquire 35% stake in National Petrochemical Industrial Company from Alujain Corporation (SASE:2170) for SAR 1.87 billion.

Alujain Corporation (SASE:2170) completed the acquisition of additional 12.19% stake in National Petrochemical Industrial Company from General Organization for Social Insurance.

Alujain Corporation's (TADAWUL:2170) Subdued P/S Might Signal An Opportunity

Second quarter 2023 earnings released: EPS: ر.س0.34 (vs ر.س1.28 in 2Q 2022)

Alujain Corporation (SASE:2170) signed an share purchase agreement to acquire additional 16.03% stake in National Petrochemical Industrial Company from shareholders of NATPET for SAR 810 million.

Falaj Holding Company signed an agreement to acquire 98.75% of Zain Industries Company from Alujain Corporation (SASE:2170) for SAR 15.2 million.

Falaj Holding Company signed an agreement to acquire 98.75% of Zain Industries Company from Alujain Corporation (SASE:2170) for SAR 15.2 million.

Insufficient new directors

Alujain (TADAWUL:2170) Might Have The Makings Of A Multi-Bagger

Full year 2022 earnings released: EPS: ر.س2.42 (vs ر.س24.41 in FY 2021)

Third quarter 2022 earnings released: EPS: ر.س0.38 (vs ر.س0.82 in 3Q 2021)

Third quarter 2022 earnings released: EPS: ر.س0.38 (vs ر.س0.82 in 3Q 2021)

Alujain Corp. Announces the Receipt of Feedstock Allocation Approval from the Ministry of Energy for the Construction of Propane Gas Processing Plant in Kingdom of Saudi Arabia

Alujain (TADAWUL:2170) Might Have The Makings Of A Multi-Bagger

Second quarter 2022 earnings released: EPS: ر.س1.28 (vs ر.س1.33 in 2Q 2021)

Upcoming dividend of ر.س1.50 per share

Alujain Holding Corp. Announces the Distribution of Cash Dividend for the First Half of 2022, Payable on July 5, 2022

First quarter 2022 earnings released: EPS: ر.س1.13 (vs ر.س0.87 in 1Q 2021)

Full year 2021 earnings released: EPS: ر.س23.44 (vs ر.س3.00 in FY 2020)

Third quarter 2021 earnings released: EPS ر.س0.82 (vs ر.س0.23 in 3Q 2020)

Second quarter 2021 earnings released: EPS ر.س1.33 (vs ر.س2.64 in 2Q 2020)

Alujain Holding Corporation (SASE:2170) signed a purchase agreement to acquire a 16% stake in National Petrochemical Industrial Company from some of NATPET shareholders for approximately SAR 810 million.

First quarter 2021 earnings released: EPS ر.س0.87 (vs ر.س0.67 loss in 1Q 2020)

Independent Director has left the company

Alujain Holding Corporation Announces Board Changes

Full year 2020 earnings released: EPS ر.س3.00 (vs ر.س2.76 in FY 2019)

New 90-day high: ر.س51.40

Here's Why We Don't Think Alujain Holding's (TADAWUL:2170) Statutory Earnings Reflect Its Underlying Earnings Potential

New 90-day high: ر.س51.60

Market bids up stock over the past week

Third quarter 2020 earnings released: EPS ر.س0.23

Earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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