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Northern Region Cement SASE:3004 Stock Report

Last Price

ر.س9.02

Market Cap

ر.س1.6b

7D

-0.4%

1Y

-15.1%

Updated

19 Dec, 2024

Data

Company Financials +

Northern Region Cement Company

SASE:3004 Stock Report

Market Cap: ر.س1.6b

3004 Stock Overview

Engages in the production and sale of portland cement in Saudi Arabia, the Hashemite Kingdom of Jordan, and the Iraq Republic. More details

3004 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends2/6

Rewards

Price-To-Earnings ratio (22.1x) is below the SA market (23.6x)

Earnings are forecast to grow 21.69% per year

Risk Analysis

Dividend of 5.54% is not well covered by earnings or free cash flows

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Northern Region Cement Company Competitors

Najran Cement

SASE:3002

ر.س1.5b

Tabuk Cement

SASE:3090

ر.س1.1b

Al Jouf Cement

SASE:3091

ر.س1.1b

Mohammed Hadi Al-Rasheed

SASE:9601

ر.س1.1b

Price History & Performance

Summary of share price highs, lows and changes for Northern Region Cement
Historical stock prices
Current Share Priceر.س9.02
52 Week Highر.س10.78
52 Week Lowر.س8.71
Beta0.60
1 Month Change0.56%
3 Month Change-2.49%
1 Year Change-15.07%
3 Year Change-34.54%
5 Year Change-23.30%
Change since IPO-66.59%

Recent News & Updates

Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit

Nov 26
Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit

Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit

May 27
Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit

Recent updates

Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit

Nov 26
Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit

Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit

May 27
Northern Region Cement's (TADAWUL:3004) Problems Go Beyond Weak Profit

Northern Region Cement (TADAWUL:3004) Is Reinvesting At Lower Rates Of Return

Jun 19
Northern Region Cement (TADAWUL:3004) Is Reinvesting At Lower Rates Of Return

Northern Region Cement (TADAWUL:3004) May Have Issues Allocating Its Capital

May 08
Northern Region Cement (TADAWUL:3004) May Have Issues Allocating Its Capital

Does Northern Region Cement Company (TADAWUL:3004) Have A Place In Your Dividend Stock Portfolio?

Mar 29
Does Northern Region Cement Company (TADAWUL:3004) Have A Place In Your Dividend Stock Portfolio?

Estimating The Intrinsic Value Of Northern Region Cement Company (TADAWUL:3004)

Mar 11
Estimating The Intrinsic Value Of Northern Region Cement Company (TADAWUL:3004)

Can You Imagine How Northern Region Cement's (TADAWUL:3004) Shareholders Feel About The 13% Share Price Increase?

Feb 11
Can You Imagine How Northern Region Cement's (TADAWUL:3004) Shareholders Feel About The 13% Share Price Increase?

Is Northern Region Cement (TADAWUL:3004) Likely To Turn Things Around?

Jan 22
Is Northern Region Cement (TADAWUL:3004) Likely To Turn Things Around?

Northern Region Cement Company (TADAWUL:3004) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?

Dec 31
Northern Region Cement Company (TADAWUL:3004) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?

Is There More To The Story Than Northern Region Cement's (TADAWUL:3004) Earnings Growth?

Dec 09
Is There More To The Story Than Northern Region Cement's (TADAWUL:3004) Earnings Growth?

Calculating The Intrinsic Value Of Northern Region Cement Company (TADAWUL:3004)

Nov 19
Calculating The Intrinsic Value Of Northern Region Cement Company (TADAWUL:3004)

Shareholder Returns

3004SA Basic MaterialsSA Market
7D-0.4%-0.4%-1.1%
1Y-15.1%-13.9%-9.0%

Return vs Industry: 3004 underperformed the SA Basic Materials industry which returned -13.9% over the past year.

Return vs Market: 3004 underperformed the SA Market which returned -9% over the past year.

Price Volatility

Is 3004's price volatile compared to industry and market?
3004 volatility
3004 Average Weekly Movement1.5%
Basic Materials Industry Average Movement3.1%
Market Average Movement4.0%
10% most volatile stocks in SA Market7.7%
10% least volatile stocks in SA Market2.5%

Stable Share Price: 3004 has not had significant price volatility in the past 3 months compared to the SA market.

Volatility Over Time: 3004's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006n/aObaid Bin Al Subaiewww.nrc.com.sa

Northern Region Cement Company, together with its subsidiaries, engages in the production and sale of portland cement in Saudi Arabia, the Hashemite Kingdom of Jordan, and the Iraq Republic. The company offers white portland and white portland limestone cement for prefabricated products, building construction purposes, architectural construction, fountains and swimming pools work, concrete support, and all other applications. It also provides ordinary portland cement and portland cement sulfate resistant grey for pavements, floors, concrete buildings, bridges, railway structures, warehouses, tanks, and water pipes and construction units, as well as concrete exposed to high sulfur reactions applications; and oil well cement for internal isolation processes of oil wells.

Northern Region Cement Company Fundamentals Summary

How do Northern Region Cement's earnings and revenue compare to its market cap?
3004 fundamental statistics
Market capر.س1.62b
Earnings (TTM)ر.س73.59m
Revenue (TTM)ر.س625.20m

22.1x

P/E Ratio

2.6x

P/S Ratio

Is 3004 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
3004 income statement (TTM)
Revenueر.س625.20m
Cost of Revenueر.س415.99m
Gross Profitر.س209.21m
Other Expensesر.س135.62m
Earningsر.س73.59m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin33.46%
Net Profit Margin11.77%
Debt/Equity Ratio36.8%

How did 3004 perform over the long term?

See historical performance and comparison

Dividends

5.5%

Current Dividend Yield

122%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 23:18
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Northern Region Cement Company is covered by 3 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.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Mohamad HaidarArqaam Capital Research Offshore S.A.L.
Sameer KattiparambilEFG-Hermes Research