Saudi Company for Hardware engages in the retailing and wholesaling of household and office supplies and appliances, construction tools and equipment, and electrical tools and hardware in the Kingdom of Saudi Arabia. More Details
Excellent balance sheet with proven track record.
Share Price & News
How has Saudi Company for Hardware's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4008 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 4008's weekly volatility (4%) has been stable over the past year.
7 Day Return
SA Specialty Retail
1 Year Return
SA Specialty Retail
Return vs Industry: 4008 exceeded the SA Specialty Retail industry which returned 46.9% over the past year.
Return vs Market: 4008 exceeded the SA Market which returned 14.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Saudi Company for Hardware's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StSaudi Company for Hardware's (TADAWUL:4008) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?
2 months ago | Simply Wall StBe Wary Of Saudi Company for Hardware (TADAWUL:4008) And Its Returns On Capital
3 months ago | Simply Wall StShould Saudi Company for Hardware (TADAWUL:4008) Be Disappointed With Their 69% Profit?
Is Saudi Company for Hardware undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 4008 (SAR71.3) is trading above our estimate of fair value (SAR49.93)
Significantly Below Fair Value: 4008 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 4008 is good value based on its PE Ratio (28.7x) compared to the SA Specialty Retail industry average (28.9x).
PE vs Market: 4008 is good value based on its PE Ratio (28.7x) compared to the SA market (33.9x).
Price to Earnings Growth Ratio
PEG Ratio: 4008 is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: 4008 is good value based on its PB Ratio (4.3x) compared to the SA Specialty Retail industry average (6.6x).
How is Saudi Company for Hardware forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 4008's forecast earnings growth (15% per year) is above the savings rate (8.8%).
Earnings vs Market: 4008's earnings (15% per year) are forecast to grow faster than the SA market (6.8% per year).
High Growth Earnings: 4008's earnings are forecast to grow, but not significantly.
Revenue vs Market: 4008's revenue (8% per year) is forecast to grow faster than the SA market (3.3% per year).
High Growth Revenue: 4008's revenue (8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 4008's Return on Equity is forecast to be low in 3 years time (15.7%).
How has Saudi Company for Hardware performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4008 has high quality earnings.
Growing Profit Margin: 4008's current net profit margins (6.1%) are higher than last year (3.7%).
Past Earnings Growth Analysis
Earnings Trend: 4008's earnings have declined by 13.4% per year over the past 5 years.
Accelerating Growth: 4008's earnings growth over the past year (65.3%) exceeds its 5-year average (-13.4% per year).
Earnings vs Industry: 4008 earnings growth over the past year (65.3%) exceeded the Specialty Retail industry 1.6%.
Return on Equity
High ROE: 4008's Return on Equity (14.9%) is considered low.
How is Saudi Company for Hardware's financial position?
Financial Position Analysis
Short Term Liabilities: 4008's short term assets (SAR800.7M) exceed its short term liabilities (SAR510.0M).
Long Term Liabilities: 4008's short term assets (SAR800.7M) do not cover its long term liabilities (SAR820.7M).
Debt to Equity History and Analysis
Debt Level: 4008's debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: 4008's debt to equity ratio has reduced from 25.6% to 13.3% over the past 5 years.
Debt Coverage: 4008's debt is well covered by operating cash flow (446.9%).
Interest Coverage: 4008's interest payments on its debt are well covered by EBIT (3.8x coverage).
What is Saudi Company for Hardware current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4008's dividend (2.1%) is higher than the bottom 25% of dividend payers in the SA market (1.46%).
High Dividend: 4008's dividend (2.1%) is low compared to the top 25% of dividend payers in the SA market (4.32%).
Stability and Growth of Payments
Stable Dividend: 4008 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 4008's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.3%), 4008's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 4008's dividends in 3 years are forecast to be covered by earnings (60.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Haytham Mohammed Al-Hamidi (55 yo)
Mr. Haytham Mohammed Abdulaziz Al-Hamidi serves as Chief Executive officer of Saudi Company for Hardware since January 7, 2020. He had been its Deputy CEO since the beginning of 2019 until January 7, 2020....
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Haytham Mohammed's total compensation is reasonable compared to companies of similar size in the SA market.
Compensation vs Earnings: Haytham Mohammed's compensation has been consistent with company performance over the past year.
Experienced Management: 4008's management team is seasoned and experienced (11.5 years average tenure).
Experienced Board: 4008's board of directors are considered experienced (7 years average tenure).
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 Company for Hardware's company bio, employee growth, exchange listings and data sources
- Name: Saudi Company for Hardware
- Ticker: 4008
- Exchange: SASE
- Founded: 1985
- Industry: Home Improvement Retail
- Sector: Retail
- Market Cap: ر.س2.567b
- Shares outstanding: 36.00m
- Website: https://www.saco-ksa.com
Number of Employees
- Saudi Company for Hardware
- PO Box 86387
- Saudi Arabia
Saudi Company for Hardware engages in the retailing and wholesaling of household and office supplies and appliances, construction tools and equipment, and electrical tools and hardware in the Kingdom of Sa...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/30 14:04|
|End of Day Share Price||2021/07/29 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.