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4190

Jarir Marketing SASE:4190 Stock Report

Last Price

ر.س160.00

Market Cap

ر.س19.2b

7D

3.4%

1Y

-26.6%

Updated

26 Jun, 2022

Data

Company Financials +
4190 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends3/6

4190 Stock Overview

Jarir Marketing Company, together with its subsidiaries, engages in the retail and wholesale trading of office and school supplies in the Kingdom of Saudi Arabia, Egypt, and other Gulf countries.

Jarir Marketing Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jarir Marketing
Historical stock prices
Current Share Priceر.س160.00
52 Week Highر.س220.00
52 Week Lowر.س145.40
Beta0.57
1 Month Change-1.48%
3 Month Change-18.53%
1 Year Change-26.61%
3 Year Change-4.31%
5 Year Change48.15%
Change since IPO753.33%

Recent News & Updates

Shareholder Returns

4190SA Specialty RetailSA Market
7D3.4%3.3%2.0%
1Y-26.6%-29.0%12.7%

Return vs Industry: 4190 exceeded the SA Specialty Retail industry which returned -29.4% over the past year.

Return vs Market: 4190 underperformed the SA Market which returned 11.1% over the past year.

Price Volatility

Is 4190's price volatile compared to industry and market?
4190 volatility
4190 Average Weekly Movement3.9%
Specialty Retail Industry Average Movement4.3%
Market Average Movement4.8%
10% most volatile stocks in SA Market7.0%
10% least volatile stocks in SA Market3.1%

Stable Share Price: 4190 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 4190's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1974n/aAbdul Karim bin Rahman Al-Agilhttps://www.jarir.com

Jarir Marketing Company, together with its subsidiaries, engages in the retail and wholesale trading of office and school supplies in the Kingdom of Saudi Arabia, Egypt, and other Gulf countries. The company sells office supplies, school supplies, books, computers and peripherals, computer supplies, smartphones and accessories, electronics, art and craft supplies, video games, smart TV’s, and kids’ development products, as well as after-sale services. It is also involved in the online sale of products through Jarir.com website and Jarir Bookstore app; and investment of office, retail, and residential properties.

Jarir Marketing Fundamentals Summary

How do Jarir Marketing's earnings and revenue compare to its market cap?
4190 fundamental statistics
Market Capر.س19.15b
Earnings (TTM)ر.س975.53m
Revenue (TTM)ر.س8.84b

19.7x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
4190 income statement (TTM)
Revenueر.س8.84b
Cost of Revenueر.س7.62b
Gross Profitر.س1.22b
Other Expensesر.س244.44m
Earningsر.س975.53m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)8.13
Gross Margin13.79%
Net Profit Margin11.03%
Debt/Equity Ratio0%

How did 4190 perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

92%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 4190 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 4190?

Other financial metrics that can be useful for relative valuation.

4190 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/Revenue2.2x
Enterprise Value/EBITDA18.5x
PEG Ratio1.4x

Price to Earnings Ratio vs Peers

How does 4190's PE Ratio compare to its peers?

4190 PE Ratio vs Peers
The above table shows the PE ratio for 4190 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average37.8x
4191 Abdullah Saad Mohammed Abo Moati for Bookstores
37.2xn/aر.س559.0m
4003 United Electronics
15.9x12.7%ر.س6.5b
9526 Jahez International Company for Information Systems Technology
88.3xn/aر.س10.4b
600655 Shanghai Yuyuan Tourist Mart (Group)
10x11.7%CN¥34.6b
4190 Jarir Marketing
19.7x14.2%ر.س19.2b

Price-To-Earnings vs Peers: 4190 is good value based on its Price-To-Earnings Ratio (19.7x) compared to the peer average (37.8x).


Price to Earnings Ratio vs Industry

How does 4190's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?

Price-To-Earnings vs Industry: 4190 is expensive based on its Price-To-Earnings Ratio (19.7x) compared to the Asian Specialty Retail industry average (14.1x)


Price to Earnings Ratio vs Fair Ratio

What is 4190'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.

4190 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 4190's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 4190 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4190 (SAR160) is trading above our estimate of fair value (SAR148.71)

Significantly Below Fair Value: 4190 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: 4190 is poor value based on its PEG Ratio (1.4x)


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Future Growth

How is Jarir Marketing forecast to perform in the next 1 to 3 years based on estimates from 9 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


14.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4190's forecast earnings growth (14.2% per year) is above the savings rate (9%).

Earnings vs Market: 4190's earnings (14.2% per year) are forecast to grow faster than the SA market (-1.3% per year).

High Growth Earnings: 4190's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4190's revenue (8% per year) is forecast to grow faster than the SA market (-2.9% per year).

High Growth Revenue: 4190'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: 4190's Return on Equity is forecast to be very high in 3 years time (61.2%).


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Past Performance

How has Jarir Marketing performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


4.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 4190 has high quality earnings.

Growing Profit Margin: 4190's current net profit margins (11%) are higher than last year (10.7%).


Past Earnings Growth Analysis

Earnings Trend: 4190's earnings have grown by 4.5% per year over the past 5 years.

Accelerating Growth: 4190's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4190 had negative earnings growth (-4.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (16.3%).


Return on Equity

High ROE: 4190's Return on Equity (54.9%) is considered outstanding.


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Financial Health

How is Jarir Marketing's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 4190's short term assets (SAR2.1B) exceed its short term liabilities (SAR1.5B).

Long Term Liabilities: 4190's short term assets (SAR2.1B) exceed its long term liabilities (SAR749.4M).


Debt to Equity History and Analysis

Debt Level: 4190 is debt free.

Reducing Debt: 4190 has no debt compared to 5 years ago when its debt to equity ratio was 0.04%.

Debt Coverage: 4190 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 4190 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Jarir Marketing current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.69%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 4190's dividend (4.69%) is higher than the bottom 25% of dividend payers in the SA market (1.96%).

High Dividend: 4190's dividend (4.69%) is in the top 25% of dividend payers in the SA market (4.67%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 4190 has been paying a dividend for less than 10 years.

Growing Dividend: 4190's dividend payments have increased, but the company has only paid a dividend for 9 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (91.6%), 4190's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (65.9%), 4190's dividend payments are covered by cash flows.


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Management

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


CEO

Abdul Karim bin Rahman Al-Agil

no data

Tenure

Mr. Abdul Karim bin Abdul Rahman Al-Agil was Head of the Retail Sector at Jarir Marketing Company until March 09, 2022. He serves as the Chief Executive Officer and Executive Director of Jarir Marketing Co...


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

Jarir Marketing Company's employee growth, exchange listings and data sources


Key Information

  • Name: Jarir Marketing Company
  • Ticker: 4190
  • Exchange: SASE
  • Founded: 1974
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: ر.س19.152b
  • Shares outstanding: 120.00m
  • Website: https://www.jarir.com

Location

  • Jarir Marketing Company
  • PO Box 3196
  • Riyadh
  • 11471
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/26 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.