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3010

Arabian Cement SASE:3010 Stock Report

Last Price

ر.س32.75

Market Cap

ر.س3.3b

7D

-3.5%

1Y

-27.4%

Updated

24 Jun, 2022

Data

Company Financials +
3010 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance1/6
Financial Health5/6
Dividends3/6

3010 Stock Overview

Arabian Cement Company engages in the production, trading, and selling of cement primarily in Saudi Arabia and Jordan.

Arabian Cement Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Arabian Cement
Historical stock prices
Current Share Priceر.س32.75
52 Week Highر.س48.05
52 Week Lowر.س31.85
Beta0.80
1 Month Change-14.27%
3 Month Change-20.12%
1 Year Change-27.38%
3 Year Change26.94%
5 Year Change-9.03%
Change since IPO129.62%

Recent News & Updates

Jun 15
Returns On Capital Signal Difficult Times Ahead For Arabian Cement (TADAWUL:3010)

Returns On Capital Signal Difficult Times Ahead For Arabian Cement (TADAWUL:3010)

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...

Mar 31
Are Investors Undervaluing Arabian Cement Company (TADAWUL:3010) By 30%?

Are Investors Undervaluing Arabian Cement Company (TADAWUL:3010) By 30%?

How far off is Arabian Cement Company ( TADAWUL:3010 ) from its intrinsic value? Using the most recent financial data...

Mar 06
Should You Investigate Arabian Cement Company (TADAWUL:3010) At ر.س40.60?

Should You Investigate Arabian Cement Company (TADAWUL:3010) At ر.س40.60?

While Arabian Cement Company ( TADAWUL:3010 ) might not be the most widely known stock at the moment, it saw a decent...

Shareholder Returns

3010SA Basic MaterialsSA Market
7D-3.5%-4.7%-3.6%
1Y-27.4%-28.4%11.2%

Return vs Industry: 3010 exceeded the SA Basic Materials industry which returned -29.4% over the past year.

Return vs Market: 3010 underperformed the SA Market which returned 10.8% over the past year.

Price Volatility

Is 3010's price volatile compared to industry and market?
3010 volatility
3010 Average Weekly Movement3.3%
Basic Materials Industry Average Movement3.5%
Market Average Movement4.8%
10% most volatile stocks in SA Market7.0%
10% least volatile stocks in SA Market3.1%

Stable Share Price: 3010 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 3010's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1955n/aBader Bin Osama Bin Hassen Jawherhttps://www.arabiacement.com

Arabian Cement Company engages in the production, trading, and selling of cement primarily in Saudi Arabia and Jordan. It also provides building materials and other related products. The company was incorporated in 1955 and is based in Jeddah, Saudi Arabia.

Arabian Cement Fundamentals Summary

How do Arabian Cement's earnings and revenue compare to its market cap?
3010 fundamental statistics
Market Capر.س3.28b
Earnings (TTM)ر.س136.46m
Revenue (TTM)ر.س970.97m

24.0x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3010 income statement (TTM)
Revenueر.س970.97m
Cost of Revenueر.س697.86m
Gross Profitر.س273.11m
Other Expensesر.س136.64m
Earningsر.س136.46m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.36
Gross Margin28.13%
Net Profit Margin14.05%
Debt/Equity Ratio8.6%

How did 3010 perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

202%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 3010 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3010?

Other financial metrics that can be useful for relative valuation.

3010 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue3.3x
Enterprise Value/EBITDA10x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does 3010's PE Ratio compare to its peers?

3010 PE Ratio vs Peers
The above table shows the PE ratio for 3010 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average20.5x

Price-To-Earnings vs Peers: 3010 is expensive based on its Price-To-Earnings Ratio (24x) compared to the peer average (20.5x).


Price to Earnings Ratio vs Industry

How does 3010's PE Ratio compare vs other companies in the Basic Materials Industry?

Price-To-Earnings vs Industry: 3010 is good value based on its Price-To-Earnings Ratio (24x) compared to the SA Basic Materials industry average (27.7x)


Price to Earnings Ratio vs Fair Ratio

What is 3010's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3010 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3010's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 3010 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3010 (SAR32.75) is trading below our estimate of fair value (SAR51.29)

Significantly Below Fair Value: 3010 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: 3010 is good value based on its PEG Ratio (0.7x)


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Future Growth

How is Arabian Cement forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


33.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3010's forecast earnings growth (33.8% per year) is above the savings rate (9%).

Earnings vs Market: 3010's earnings (33.8% per year) are forecast to grow faster than the SA market (-1.3% per year).

High Growth Earnings: 3010's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 3010's revenue (5.4% per year) is forecast to grow faster than the SA market (-2.9% per year).

High Growth Revenue: 3010's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 3010's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Arabian Cement performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3010 has high quality earnings.

Growing Profit Margin: 3010's current net profit margins (14.1%) are lower than last year (20.9%).


Past Earnings Growth Analysis

Earnings Trend: 3010's earnings have declined by 2.3% per year over the past 5 years.

Accelerating Growth: 3010's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 3010 had negative earnings growth (-34%) over the past year, making it difficult to compare to the Basic Materials industry average (-44.8%).


Return on Equity

High ROE: 3010's Return on Equity (5%) is considered low.


Discover strong past performing companies

Financial Health

How is Arabian Cement's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 3010's short term assets (SAR1.0B) exceed its short term liabilities (SAR249.5M).

Long Term Liabilities: 3010's short term assets (SAR1.0B) exceed its long term liabilities (SAR331.2M).


Debt to Equity History and Analysis

Debt Level: 3010 has more cash than its total debt.

Reducing Debt: 3010's debt to equity ratio has increased from 6.9% to 8.6% over the past 5 years.

Debt Coverage: 3010's debt is well covered by operating cash flow (147.8%).

Interest Coverage: 3010's interest payments on its debt are well covered by EBIT (20.6x coverage).


Balance Sheet


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Dividend

What is Arabian Cement current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


9.16%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 3010's dividend (9.16%) is higher than the bottom 25% of dividend payers in the SA market (1.97%).

High Dividend: 3010's dividend (9.16%) is in the top 25% of dividend payers in the SA market (4.64%)


Stability and Growth of Payments

Stable Dividend: 3010's dividend payments have been volatile in the past 10 years.

Growing Dividend: 3010's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (201.5%), 3010's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (91%), 3010's dividend payments are not well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Bader Bin Osama Bin Hassen Jawher

no data

Tenure

Dr. Bader Bin Osama Bin Hassen Jawher is Chief Executive Officer of Arabian Cement Company. is Independent Director of Advanced Petrochemical Company from 2019. Dr. Badr Bin Osama Bin Hassen Jawher was Chi...


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

Arabian Cement Company's employee growth, exchange listings and data sources


Key Information

  • Name: Arabian Cement Company
  • Ticker: 3010
  • Exchange: SASE
  • Founded: 1955
  • Industry: Construction Materials
  • Sector: Materials
  • Implied Market Cap: ر.س3.275b
  • Shares outstanding: 100.00m
  • Website: https://www.arabiacement.com

Location

  • Arabian Cement Company
  • Arab Cement Company Building
  • 8605 King Abdulaziz Road
  • Jeddah
  • 23523-2113
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.