Zamil Industrial Investment Future Growth

Future criteria checks 4/6

Zamil Industrial Investment is forecast to grow earnings and revenue by 111.7% and 4.4% per annum respectively.

Key information

111.7%

Earnings growth rate

n/a

EPS growth rate

Metals and Mining earnings growth	21.9%
Revenue growth rate	4.4%
Future return on equity	16.5%
Analyst coverage	Low
Last updated	27 Nov 2024

Recent future growth updates

Recent updates

There's No Escaping Zamil Industrial Investment Company's (TADAWUL:2240) Muted Revenues Despite A 31% Share Price Rise

Dec 18

Zamil Industrial Investment Company's (TADAWUL:2240) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

Sep 02

Zamil Industrial Investment Company (TADAWUL:2240) Not Doing Enough For Some Investors As Its Shares Slump 27%

Apr 18

Zamil Industrial Investment Company (TADAWUL:2240) Shares Could Be 47% Below Their Intrinsic Value Estimate

Jul 07

Zamil Industrial Investment (TADAWUL:2240) May Have Issues Allocating Its Capital

Sep 08

Did You Miss Zamil Industrial Investment's (TADAWUL:2240) 79% Share Price Gain?

Mar 20

Here's What Zamil Industrial Investment Company's (TADAWUL:2240) Shareholder Ownership Structure Looks Like

Dec 09

Earnings and Revenue Growth Forecasts

SASE:2240 - Analysts future estimates and past financials data (SAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	6,146	117	N/A	N/A	1
12/31/2025	5,901	11	4	243	1
12/31/2024	5,621	29	11	286	1
9/30/2024	5,575	-48	335	436	N/A
6/30/2024	5,159	-88	852	947	N/A
3/31/2024	4,950	-296	787	875	N/A
12/31/2023	4,684	-337	775	856	N/A
9/30/2023	4,451	-370	734	796	N/A
6/30/2023	4,237	-334	132	183	N/A
3/31/2023	4,069	-160	90	128	N/A
12/31/2022	3,926	-174	-325	-294	N/A
9/30/2022	3,766	-248	-437	-407	N/A
6/30/2022	3,581	-249	-376	-341	N/A
3/31/2022	3,471	-214	-288	-245	N/A
12/31/2021	3,524	-156	3	57	N/A
9/30/2021	3,582	10	63	123	N/A
6/30/2021	3,579	-23	197	254	N/A
3/31/2021	3,452	-85	260	309	N/A
12/31/2020	3,383	-120	299	339	N/A
9/30/2020	3,299	-105	375	402	N/A
6/30/2020	3,571	-102	192	217	N/A
3/31/2020	3,898	-97	141	164	N/A
12/31/2019	4,039	-117	112	141	N/A
9/30/2019	4,373	-164	-79	-39	N/A
6/30/2019	4,350	-160	-183	-151	N/A
3/31/2019	4,365	-148	-283	-248	N/A
12/31/2018	4,314	-86	-270	-234	N/A
9/30/2018	4,363	-41	-186	-150	N/A
6/30/2018	4,311	4	N/A	83	N/A
3/31/2018	4,376	79	N/A	68	N/A
12/31/2017	4,404	105	N/A	126	N/A
9/30/2017	4,345	101	N/A	318	N/A
6/30/2017	4,421	120	N/A	277	N/A
3/31/2017	4,704	135	N/A	149	N/A
12/31/2016	4,929	146	N/A	161	N/A
9/30/2016	5,183	203	N/A	139	N/A
6/30/2016	5,422	219	N/A	150	N/A
3/31/2016	5,453	242	N/A	383	N/A
12/31/2015	5,489	263	N/A	447	N/A
9/30/2015	5,522	270	N/A	483	N/A
6/30/2015	5,474	269	N/A	568	N/A
3/31/2015	5,422	268	N/A	757	N/A
12/31/2014	5,455	260	N/A	786	N/A
9/30/2014	5,335	256	N/A	765	N/A
6/30/2014	5,419	248	N/A	757	N/A
3/31/2014	5,464	239	N/A	376	N/A
12/31/2013	5,414	235	N/A	302	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2240 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (14.7%).

Earnings vs Market: 2240 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 2240 is expected to become profitable in the next 3 years.

Revenue vs Market: 2240's revenue (4.4% per year) is forecast to grow faster than the SA market (-0.5% per year).

High Growth Revenue: 2240's revenue (4.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 2240's Return on Equity is forecast to be low in 3 years time (16.5%).

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 16:55
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zamil Industrial Investment Company is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kais Kriaa	AlphaMena
Mohammad Kamal	Arqaam Capital Research Offshore S.A.L.
Tarek El-Shawarby	EFG-Hermes Research

Zamil Industrial Investment Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 30% to ر.س32.60

Price target increased by 25% to ر.س23.60

Consensus EPS estimates fall by 222%, revenue upgraded

Price target increased by 32% to ر.س20.50

Price target decreased by 23% to ر.س15.50

Price target increased by 13% to ر.س16.20

Recent updates

There's No Escaping Zamil Industrial Investment Company's (TADAWUL:2240) Muted Revenues Despite A 31% Share Price Rise

Price target increased by 30% to ر.س32.60

New major risk - Revenue and earnings growth

Third quarter 2024 earnings released: EPS: ر.س0.12 (vs ر.س0.55 loss in 3Q 2023)

Zamil Industrial Investment Company's (TADAWUL:2240) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

New minor risk - Share price stability

Second quarter 2024 earnings released: EPS: ر.س0.10 (vs ر.س3.36 loss in 2Q 2023)

Price target increased by 25% to ر.س23.60

New major risk - Revenue and earnings growth

Consensus EPS estimates fall by 222%, revenue upgraded

New major risk - Revenue and earnings growth

Zamil Industrial Investment Company (TADAWUL:2240) Not Doing Enough For Some Investors As Its Shares Slump 27%

Full year 2023 earnings released: ر.س5.62 loss per share (vs ر.س2.90 loss in FY 2022)

Zamil Industrial Investment Company Announces Resignation of Mohammad Sulaiman M. Al-Harbi as Board Member

New minor risk - Share price stability

Zamil Industrial Investment Company Announces Executive Changes

Price target increased by 32% to ر.س20.50

Zamil Industrial Investment Company Announces the Resignation of Mohammad Sulaiman M. Al-Harbi as Audit Committee Chairman

Zamil Industrial Investment Company Announces Resignation of Mohammed Ali A. Al-Sahib as CEO, Effective January 15, 2024

Price target decreased by 23% to ر.س15.50

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: ر.س0.55 loss per share (vs ر.س0.048 profit in 3Q 2022)

Price target increased by 13% to ر.س16.20

New minor risk - Share price stability

Now 20% undervalued

Second quarter 2023 earnings released: ر.س3.07 loss per share (vs ر.س0.46 loss in 2Q 2022)

Zamil Industrial Investment Company (TADAWUL:2240) Shares Could Be 47% Below Their Intrinsic Value Estimate

Price target increased by 18% to ر.س14.35

First quarter 2023 earnings released

Full year 2022 earnings released: ر.س2.90 loss per share (vs ر.س2.60 loss in FY 2021)

Price target decreased to ر.س16.65

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ر.س0.041 (vs ر.س0.012 in 3Q 2021)

Second quarter 2022 earnings released: ر.س0.48 loss per share (vs ر.س0.12 profit in 2Q 2021)

First quarter 2022 earnings released: ر.س0.86 loss per share (vs ر.س0.088 profit in 1Q 2021)

Zamil Industrial Investment Company Announces Board Changes

Price target increased to ر.س27.30

Insufficient new directors

Price target increased to ر.س27.30

Full year 2021 earnings released: ر.س2.66 loss per share (vs ر.س2.39 loss in FY 2020)

Third quarter 2021 earnings released: EPS ر.س0.009 (vs ر.س0.64 loss in 3Q 2020)

Zamil Industrial Investment (TADAWUL:2240) May Have Issues Allocating Its Capital

Second quarter 2021 earnings released: EPS ر.س0.12 (vs ر.س0.97 loss in 2Q 2020)

First quarter 2021 earnings released: EPS ر.س0.087 (vs ر.س0.48 loss in 1Q 2020)

Did You Miss Zamil Industrial Investment's (TADAWUL:2240) 79% Share Price Gain?

Full year 2020 earnings released: ر.س2.67 loss per share (vs ر.س2.08 loss in FY 2019)

New 90-day high: ر.س23.18

New 90-day low: ر.س19.34

Here's What Zamil Industrial Investment Company's (TADAWUL:2240) Shareholder Ownership Structure Looks Like

Third quarter 2020 earnings released: ر.س0.64 loss per share

Third quarter earnings released

New 90-day high: ر.س20.80

New 90-day high - ر.س19.00

New 90-day high - ر.س17.66

New 90-day high - ر.س16.60

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources