Saudi Cement Future Growth

Future criteria checks 1/6

Saudi Cement is forecast to grow earnings and revenue by 3.4% and 4.2% per annum respectively. EPS is expected to grow by 0.7% per annum. Return on equity is forecast to be 19.6% in 3 years.

Key information

3.4%

Earnings growth rate

0.7%

EPS growth rate

Basic Materials earnings growth	7.4%
Revenue growth rate	4.2%
Future return on equity	19.6%
Analyst coverage	Low
Last updated	21 Apr 2024

Recent future growth updates

Recent updates

Is There An Opportunity With Saudi Cement Company's (TADAWUL:3030) 34% Undervaluation?

Apr 20

Saudi Cement (TADAWUL:3030) Has Some Difficulty Using Its Capital Effectively

Mar 06

Saudi Cement (TADAWUL:3030) Could Be At Risk Of Shrinking As A Company

Dec 05

Is There Now An Opportunity In Saudi Cement Company (TADAWUL:3030)?

Oct 21

An Intrinsic Calculation For Saudi Cement Company (TADAWUL:3030) Suggests It's 41% Undervalued

Sep 27

Capital Allocation Trends At Saudi Cement (TADAWUL:3030) Aren't Ideal

Aug 17

At ر.س51.00, Is Saudi Cement Company (TADAWUL:3030) Worth Looking At Closely?

Jul 21

Saudi Cement Company's (TADAWUL:3030) Intrinsic Value Is Potentially 68% Above Its Share Price

Jun 23

Saudi Cement (TADAWUL:3030) Will Pay A Dividend Of ر.س1.50

Jun 05

These Return Metrics Don't Make Saudi Cement (TADAWUL:3030) Look Too Strong

May 09

Is Saudi Cement Company (TADAWUL:3030) Potentially Undervalued?

Mar 23

Calculating The Intrinsic Value Of Saudi Cement Company (TADAWUL:3030)

Mar 01

Some Investors May Be Worried About Saudi Cement's (TADAWUL:3030) Returns On Capital

Feb 02

Here's What's Concerning About Saudi Cement's (TADAWUL:3030) Returns On Capital

Sep 07

Saudi Cement (TADAWUL:3030) Will Pay A Dividend Of ر.س1.50

Jun 05

Saudi Cement's (TADAWUL:3030) Conservative Accounting Might Explain Soft Earnings

May 12

Estimating The Fair Value Of Saudi Cement Company (TADAWUL:3030)

Apr 10

Saudi Cement (TADAWUL:3030) Will Be Hoping To Turn Its Returns On Capital Around

Mar 23

Should You Buy Saudi Cement Company (TADAWUL:3030) For Its Dividend?

Feb 16

Saudi Cement Company (TADAWUL:3030) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

Jan 25

Are Saudi Cement Company (TADAWUL:3030) Investors Paying Above The Intrinsic Value?

Jan 04

Does Saudi Cement's (TADAWUL:3030) Returns On Capital Reflect Well On The Business?

Dec 18

Did You Participate In Any Of Saudi Cement's (TADAWUL:3030) Respectable 70% Return?

Nov 30

Earnings and Revenue Growth Forecasts

SASE:3030 - Analysts future estimates and past financials data (SAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,666	430	N/A	637	3
12/31/2025	1,594	384	542	613	3
12/31/2024	1,534	363	468	618	3
12/31/2023	1,462	381	453	533	N/A
9/30/2023	1,509	432	573	636	N/A
6/30/2023	1,522	444	652	712	N/A
3/31/2023	1,514	462	516	593	N/A
12/31/2022	1,420	399	567	642	N/A
9/30/2022	1,320	312	408	485	N/A
6/30/2022	1,296	290	420	494	N/A
3/31/2022	1,296	274	472	536	N/A
12/31/2021	1,410	332	578	643	N/A
9/30/2021	1,517	389	707	781	N/A
6/30/2021	1,599	438	756	840	N/A
3/31/2021	1,548	427	743	831	N/A
12/31/2020	1,570	456	723	811	N/A
9/30/2020	1,537	475	700	781	N/A
6/30/2020	1,460	451	608	740	N/A
3/31/2020	1,502	467	655	788	N/A
12/31/2019	1,442	451	585	721	N/A
9/30/2019	1,343	433	527	652	N/A
6/30/2019	1,272	425	497	579	N/A
3/31/2019	1,179	391	430	514	N/A
12/31/2018	1,120	401	374	448	N/A
9/30/2018	1,134	383	413	498	N/A
6/30/2018	1,145	395	411	471	N/A
3/31/2018	1,169	431	416	463	N/A
12/31/2017	1,185	453	549	603	N/A
9/30/2017	1,263	533	N/A	681	N/A
6/30/2017	1,388	648	N/A	783	N/A
3/31/2017	1,618	803	N/A	1,044	N/A
12/31/2016	1,778	901	N/A	1,083	N/A
9/30/2016	1,864	890	N/A	1,162	N/A
6/30/2016	1,888	895	N/A	1,207	N/A
3/31/2016	1,888	900	N/A	1,186	N/A
12/31/2015	1,932	940	N/A	1,184	N/A
9/30/2015	1,975	1,033	N/A	1,209	N/A
6/30/2015	2,002	1,057	N/A	1,275	N/A
3/31/2015	2,041	1,091	N/A	1,256	N/A
12/31/2014	2,025	1,074	N/A	1,267	N/A
9/30/2014	1,992	1,053	N/A	1,056	N/A
6/30/2014	2,021	1,051	N/A	928	N/A
3/31/2014	2,109	1,070	N/A	942	N/A
12/31/2013	2,187	1,124	N/A	1,075	N/A
9/30/2013	2,234	1,153	N/A	1,262	N/A
6/30/2013	2,212	1,133	N/A	1,377	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3030's forecast earnings growth (3.4% per year) is below the savings rate (14.3%).

Earnings vs Market: 3030's earnings (3.4% per year) are forecast to grow slower than the SA market (6% per year).

High Growth Earnings: 3030's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3030's revenue (4.2% per year) is forecast to grow faster than the SA market (-0.3% per year).

High Growth Revenue: 3030's revenue (4.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3030's Return on Equity is forecast to be low in 3 years time (19.6%).

Saudi Cement Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 52%

Price target increased by 8.0% to ر.س59.17

Consensus EPS estimates increase by 11%

Consensus EPS estimates fall by 21%

Price target increased by 8.3% to ر.س57.10

Price target decreased by 8.8% to ر.س50.87

Recent updates

Return Trends At Saudi Cement (TADAWUL:3030) Aren't Appealing

Consensus EPS estimates increase by 52%

Final dividend reduced to ر.س1.00

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Saudi Cement Company's (TADAWUL:3030) Price Is Right But Growth Is Lacking

Saudi Cement Company Recommends Cash Dividends for the Second Half of 2023

Now 21% undervalued after recent price drop

The Return Trends At Saudi Cement (TADAWUL:3030) Look Promising

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Second quarter 2023 earnings released: EPS: ر.س0.56 (vs ر.س0.67 in 2Q 2022)

Returns On Capital Are Showing Encouraging Signs At Saudi Cement (TADAWUL:3030)

Price target increased by 8.0% to ر.س59.17

Consensus EPS estimates increase by 11%

Consensus EPS estimates fall by 21%

Price target increased by 8.3% to ر.س57.10

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Is There An Opportunity With Saudi Cement Company's (TADAWUL:3030) 34% Undervaluation?

Price target decreased by 8.8% to ر.س50.87

Saudi Cement (TADAWUL:3030) Has Some Difficulty Using Its Capital Effectively

Saudi Cement (TADAWUL:3030) Could Be At Risk Of Shrinking As A Company

Now 20% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: ر.س0.53 (vs ر.س0.38 in 3Q 2021)

Is There Now An Opportunity In Saudi Cement Company (TADAWUL:3030)?

An Intrinsic Calculation For Saudi Cement Company (TADAWUL:3030) Suggests It's 41% Undervalued

Second quarter 2022 earnings released: EPS: ر.س0.67 (vs ر.س0.56 in 2Q 2021)

Capital Allocation Trends At Saudi Cement (TADAWUL:3030) Aren't Ideal

At ر.س51.00, Is Saudi Cement Company (TADAWUL:3030) Worth Looking At Closely?

Saudi Cement Company's (TADAWUL:3030) Intrinsic Value Is Potentially 68% Above Its Share Price

Saudi Cement (TADAWUL:3030) Will Pay A Dividend Of ر.س1.50

Saudi Cement Company Announces the Distribution of Cash Dividend for First Half of 2022, Payable on 15 June 2022

These Return Metrics Don't Make Saudi Cement (TADAWUL:3030) Look Too Strong

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Saudi Cement Company Approves Distributed Cash Dividend for Second Half of 2021, Payable on 20 April 2022

Now 20% undervalued

Upcoming dividend of ر.س2.00 per share

Is Saudi Cement Company (TADAWUL:3030) Potentially Undervalued?

Full year 2021 earnings: EPS and revenues miss analyst expectations

Price target decreased to ر.س58.72

Calculating The Intrinsic Value Of Saudi Cement Company (TADAWUL:3030)

Some Investors May Be Worried About Saudi Cement's (TADAWUL:3030) Returns On Capital

Saudi Cement Co. Announces the Distribution of Cash Dividend for Second Half of 2021

Now 20% undervalued after recent price drop

Third quarter 2021 earnings released: EPS ر.س0.38 (vs ر.س0.70 in 3Q 2020)

Here's What's Concerning About Saudi Cement's (TADAWUL:3030) Returns On Capital

Saudi Cement Company (SASE:3030) acquired the remaining 37% stake in United Cement Company BSC (C) for SAR 28 million.

Second quarter 2021 earnings released: EPS ر.س0.56 (vs ر.س0.49 in 2Q 2020)

Independent Director Mohammad Bin Sulaiman Balghonaim has left the company

Price target increased to ر.س64.90

Saudi Cement (TADAWUL:3030) Will Pay A Dividend Of ر.س1.50

Saudi Cement's (TADAWUL:3030) Conservative Accounting Might Explain Soft Earnings

First quarter 2021 earnings released: EPS ر.س0.78 (vs ر.س0.97 in 1Q 2020)

Estimating The Fair Value Of Saudi Cement Company (TADAWUL:3030)

Upcoming dividend of ر.س2.00 per share

Saudi Cement (TADAWUL:3030) Will Be Hoping To Turn Its Returns On Capital Around

Saudi Cement Company Proposes Dividend for the First Half and Second Half of Fiscal 2020, Payable on April 19, 2021

Revenue beats expectations

Full year 2020 earnings released: EPS ر.س2.98 (vs ر.س2.95 in FY 2019)

Should You Buy Saudi Cement Company (TADAWUL:3030) For Its Dividend?

Saudi Cement Company (TADAWUL:3030) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?

New 90-day high: ر.س64.60

Are Saudi Cement Company (TADAWUL:3030) Investors Paying Above The Intrinsic Value?

New 90-day high: ر.س61.80

Price target raised to ر.س57.42

Does Saudi Cement's (TADAWUL:3030) Returns On Capital Reflect Well On The Business?

Did You Participate In Any Of Saudi Cement's (TADAWUL:3030) Respectable 70% Return?

Third quarter 2020 earnings released: EPS ر.س0.69

Third quarter earnings released

New 90-day high: ر.س59.70

New 90-day high: ر.س58.10