Yanbu National Petrochemical
Market Cap
ر.س38.5b
Last Updated
2021/07/30 14:05 UTC
Data Sources
Company Financials +
Executive Summary
Yanbu National Petrochemical Company manufactures and sells petrochemical products in Saudi Arabia. More Details
Rewards
Risk Analysis
Dividend of 4.01% is not well covered by earnings or forecast to be in the next 3 years
Snowflake Analysis
Flawless balance sheet with proven track record.
Share Price & News
How has Yanbu National Petrochemical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2290 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 2290's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
1.5%
2290
1.7%
SA Chemicals
0.3%
SA Market
1 Year Return
32.2%
2290
47.7%
SA Chemicals
14.8%
SA Market
Return vs Industry: 2290 underperformed the SA Chemicals industry which returned 47.7% over the past year.
Return vs Market: 2290 exceeded the SA Market which returned 14.8% over the past year.
Shareholder returns
| 2290 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.5% | 1.7% | 0.3% |
| 30 Day | -5.6% | 0.6% | -1.1% |
| 90 Day | -6.3% | 0.2% | 0.02% |
| 1 Year | 37.5%32.2% | 52.0%47.7% | 19.2%14.8% |
| 3 Year | 8.0%-7.9% | 18.0%5.6% | 42.2%29.2% |
| 5 Year | 116.2%66.4% | 105.0%70.0% | 104.7%74.0% |
Long-Term Price Volatility Vs. Market
How volatile is Yanbu National Petrochemical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
These Return Metrics Don't Make Yanbu National Petrochemical (TADAWUL:2290) Look Too Strong1 month ago | Simply Wall St
Don't Buy Yanbu National Petrochemical Company (TADAWUL:2290) For Its Next Dividend Without Doing These Checks1 month ago | Simply Wall St
Yanbu National Petrochemical (TADAWUL:2290) Is Increasing Its Dividend To ر.س1.50Valuation
Is Yanbu National Petrochemical undervalued compared to its fair value and its price relative to the market?
24.94x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2290 (SAR68.5) is trading above our estimate of fair value (SAR56.4)
Significantly Below Fair Value: 2290 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2290 is good value based on its PE Ratio (24.9x) compared to the SA Chemicals industry average (33.8x).
PE vs Market: 2290 is good value based on its PE Ratio (24.9x) compared to the SA market (33.9x).
Price to Earnings Growth Ratio
PEG Ratio: 2290 is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: 2290 is overvalued based on its PB Ratio (2.7x) compared to the SA Chemicals industry average (2.5x).
Future Growth
How is Yanbu National Petrochemical forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
9.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2290's forecast earnings growth (9.1% per year) is above the savings rate (8.8%).
Earnings vs Market: 2290's earnings (9.1% per year) are forecast to grow faster than the SA market (6.8% per year).
High Growth Earnings: 2290's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2290's revenue (2.1% per year) is forecast to grow slower than the SA market (3.3% per year).
High Growth Revenue: 2290's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2290's Return on Equity is forecast to be low in 3 years time (14.1%).
Past Performance
How has Yanbu National Petrochemical performed over the past 5 years?
-20.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2290 has high quality earnings.
Growing Profit Margin: 2290's current net profit margins (23.7%) are higher than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: 2290's earnings have declined by 20.3% per year over the past 5 years.
Accelerating Growth: 2290's earnings growth over the past year (190.2%) exceeds its 5-year average (-20.3% per year).
Earnings vs Industry: 2290 earnings growth over the past year (190.2%) exceeded the Chemicals industry 40.5%.
Return on Equity
High ROE: 2290's Return on Equity (10.7%) is considered low.
Financial Health
How is Yanbu National Petrochemical's financial position?
Financial Position Analysis
Short Term Liabilities: 2290's short term assets (SAR6.9B) exceed its short term liabilities (SAR2.1B).
Long Term Liabilities: 2290's short term assets (SAR6.9B) exceed its long term liabilities (SAR1.2B).
Debt to Equity History and Analysis
Debt Level: 2290 is debt free.
Reducing Debt: 2290 has no debt compared to 5 years ago when its debt to equity ratio was 16.4%.
Debt Coverage: 2290 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2290 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Yanbu National Petrochemical current dividend yield, its reliability and sustainability?
4.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2290's dividend (4.01%) is higher than the bottom 25% of dividend payers in the SA market (1.46%).
High Dividend: 2290's dividend (4.01%) is low compared to the top 25% of dividend payers in the SA market (4.32%).
Stability and Growth of Payments
Stable Dividend: 2290 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2290's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (100.1%), 2290's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 2290's dividends in 3 years are not forecast to be well covered by earnings (94.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average board tenure
CEO
Yanbu National Petrochemical has no CEO, or we have no data on them.
Board Members
Experienced Board: 2290's board of directors are not considered experienced ( 1.3 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
Yanbu National Petrochemical Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Yanbu National Petrochemical Company
- Ticker: 2290
- Exchange: SASE
- Founded: 2006
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ر.س38.531b
- Shares outstanding: 562.50m
- Website: https://www.yansab.com.sa
Location
- Yanbu National Petrochemical Company
- PO Box 31396
- Yanbu Industrial City
- Yanbu
- 51000
- Saudi Arabia
Listings
Biography
Yanbu National Petrochemical Company manufactures and sells petrochemical products in Saudi Arabia. It provides ethylene, propylene, mono ethylene glycol, di ethylene glycol, tri ethylene glycol, polypropy...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/30 14:05 |
| End of Day Share Price | 2021/07/29 00:00 |
| Earnings | 2021/06/30 |
| 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.