Saudi Kayan Petrochemical Company manufactures chemicals, polymers, and specialty products. More Details
Fair value with moderate growth potential.
Share Price & News
How has Saudi Kayan Petrochemical's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2350 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 2350's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 2350 exceeded the SA Chemicals industry which returned 43.8% over the past year.
Return vs Market: 2350 exceeded the SA Market which returned 15.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Saudi Kayan Petrochemical's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StSaudi Kayan Petrochemical (TADAWUL:2350) Shareholders Have Enjoyed An Impressive 174% Share Price Gain
4 weeks ago | Simply Wall StShould Saudi Kayan Petrochemical Company (TADAWUL:2350) Focus On Improving This Fundamental Metric?
1 month ago | Simply Wall StNew Forecasts: Here's What Analysts Think The Future Holds For Saudi Kayan Petrochemical Company (TADAWUL:2350)
Is Saudi Kayan Petrochemical undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2350 (SAR17.54) is trading below our estimate of fair value (SAR24.5)
Significantly Below Fair Value: 2350 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2350 is poor value based on its PE Ratio (117x) compared to the SA Chemicals industry average (34.1x).
PE vs Market: 2350 is poor value based on its PE Ratio (117x) compared to the SA market (32.1x).
Price to Earnings Growth Ratio
PEG Ratio: 2350 is poor value based on its PEG Ratio (3.8x)
Price to Book Ratio
PB vs Industry: 2350 is good value based on its PB Ratio (1.8x) compared to the SA Chemicals industry average (2.2x).
How is Saudi Kayan Petrochemical forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2350's forecast earnings growth (30.9% per year) is above the savings rate (8.8%).
Earnings vs Market: 2350's earnings (30.9% per year) are forecast to grow faster than the SA market (8.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2350's revenue (2.3% per year) is forecast to grow slower than the SA market (3.9% per year).
High Growth Revenue: 2350's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2350's Return on Equity is forecast to be low in 3 years time (9.6%).
How has Saudi Kayan Petrochemical performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2350 has high quality earnings.
Growing Profit Margin: 2350 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 2350 has become profitable over the past 5 years, growing earnings by -16.9% per year.
Accelerating Growth: 2350 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 2350 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (23.6%).
Return on Equity
High ROE: 2350's Return on Equity (1.5%) is considered low.
How is Saudi Kayan Petrochemical's financial position?
Financial Position Analysis
Short Term Liabilities: 2350's short term assets (SAR6.3B) exceed its short term liabilities (SAR3.2B).
Long Term Liabilities: 2350's short term assets (SAR6.3B) do not cover its long term liabilities (SAR16.0B).
Debt to Equity History and Analysis
Debt Level: 2350's debt to equity ratio (113.1%) is considered high.
Reducing Debt: 2350's debt to equity ratio has reduced from 214.4% to 113.1% over the past 5 years.
Debt Coverage: 2350's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: 2350's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is Saudi Kayan Petrochemical current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2350's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2350's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2350's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2350's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2350's dividend in 3 years as they are not forecast to pay a notable one for the SA market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Saudi Kayan Petrochemical has no CEO, or we have no data on them.
Experienced Board: 2350's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Saudi Kayan Petrochemical Company's company bio, employee growth, exchange listings and data sources
- Name: Saudi Kayan Petrochemical Company
- Ticker: 2350
- Exchange: SASE
- Founded: 2007
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ر.س26.310b
- Shares outstanding: 1.50b
- Website: https://www.saudikayan.com
- Saudi Kayan Petrochemical Company
- PO Box 110320
- Saudi Arabia
Saudi Kayan Petrochemical Company manufactures chemicals, polymers, and specialty products. The company offers ethylene for use as a feed stock for polyethylene and ethylene glycol; propylene for use as a ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 16:12|
|End of Day Share Price||2021/06/17 00:00|
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.