SASE:4050

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Saudi Automotive Services

Market Cap

ر.س2.2b

Last Updated

2021/07/29 17:22 UTC

Data Sources

Company Financials +

Executive Summary

Saudi Automotive Services Company operates in the services sector in Saudi Arabia. More Details


Snowflake Analysis

Fair value with questionable track record.

Share Price & News

How has Saudi Automotive Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4050 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 4050's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

2.3%

4050

0.7%

SA Specialty Retail

0.3%

SA Market


1 Year Return

36.2%

4050

46.9%

SA Specialty Retail

14.8%

SA Market

Return vs Industry: 4050 underperformed the SA Specialty Retail industry which returned 47.1% over the past year.

Return vs Market: 4050 exceeded the SA Market which returned 14.4% over the past year.


Shareholder returns

4050IndustryMarket
7 Day2.3%0.7%0.3%
30 Day-3.4%-5.6%-1.1%
90 Day-1.8%3.8%0.02%
1 Year38.9%36.2%52.3%46.9%19.2%14.8%
3 Year154.1%132.8%83.0%63.9%42.2%29.2%
5 Year181.6%150.9%118.2%91.9%104.7%74.0%

Long-Term Price Volatility Vs. Market

How volatile is Saudi Automotive Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Saudi Automotive Services undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 4050 (SAR35.9) is trading below our estimate of fair value (SAR335.8)

Significantly Below Fair Value: 4050 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 4050 is poor value based on its PE Ratio (48.9x) compared to the SA Specialty Retail industry average (28.7x).

PE vs Market: 4050 is poor value based on its PE Ratio (48.9x) compared to the SA market (33.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4050's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4050 is good value based on its PB Ratio (2.6x) compared to the SA Specialty Retail industry average (6.6x).


Future Growth

How is Saudi Automotive Services forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

19.1%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Saudi Automotive Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Saudi Automotive Services performed over the past 5 years?

32.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4050 has high quality earnings.

Growing Profit Margin: 4050's current net profit margins (2%) are lower than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: 4050's earnings have grown significantly by 32.5% per year over the past 5 years.

Accelerating Growth: 4050's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4050 had negative earnings growth (-63.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (1.6%).


Return on Equity

High ROE: 4050's Return on Equity (5.4%) is considered low.


Financial Health

How is Saudi Automotive Services's financial position?


Financial Position Analysis

Short Term Liabilities: 4050's short term assets (SAR349.8M) do not cover its short term liabilities (SAR554.3M).

Long Term Liabilities: 4050's short term assets (SAR349.8M) do not cover its long term liabilities (SAR1.7B).


Debt to Equity History and Analysis

Debt Level: 4050's debt to equity ratio (81.5%) is considered high.

Reducing Debt: 4050's debt to equity ratio has increased from 55.6% to 81.5% over the past 5 years.

Debt Coverage: 4050's debt is well covered by operating cash flow (56.7%).

Interest Coverage: 4050's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

What is Saudi Automotive Services's current dividend yield, its reliability and sustainability?

1.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 4050's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.46%).

High Dividend: 4050's dividend (1.11%) is low compared to the top 25% of dividend payers in the SA market (4.26%).


Stability and Growth of Payments

Stable Dividend: 4050 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 4050's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (81.8%), 4050's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Riyadh Bin Saleh Almalik (54 yo)

no data

Tenure

Mr. Riyadh Bin Saleh Hamad Almalik serves as Chief Executive Officer of Saudi Automotive Services Company since 2009 and also serves as its Director and served as General Manager. Mr. Almalik serves as Hea...


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

Saudi Automotive Services Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Saudi Automotive Services Company
  • Ticker: 4050
  • Exchange: SASE
  • Founded: 1982
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: ر.س2.154b
  • Shares outstanding: 60.00m
  • Website: https://www.sasco.com.sa

Number of Employees


Location

  • Saudi Automotive Services Company
  • 6235 Al Ihsa - Al Zahra District
  • Unit No 44
  • Riyadh
  • 12815-3210
  • Saudi Arabia

Listings


Biography

Saudi Automotive Services Company operates in the services sector in Saudi Arabia. It operates fuel stations; and provides digital payment solutions. The company also operates an automobile association for...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/29 17:22
End of Day Share Price2021/07/29 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.