SASE:4031

Stock Analysis Report

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Header cover image

Market Cap

ر.س6.6b

Last Updated

2021/07/30 14:04 UTC

Data Sources

Company Financials

Executive Summary

Saudi Ground Services Company provides ground-handling services for passengers and aircraft in the Kingdom of Saudi Arabia. More Details


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 4031 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 4031's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

2.5%

4031

-3.6%

SA Infrastructure

0.6%

SA Market


1 Year Return

19.9%

4031

3.2%

SA Infrastructure

15.1%

SA Market

Return vs Industry: 4031 exceeded the SA Infrastructure industry which returned 3.8% over the past year.

Return vs Market: 4031 exceeded the SA Market which returned 14.8% over the past year.


Shareholder returns

4031IndustryMarket
7 Day2.5%-3.6%0.6%
30 Day-3.3%-5.1%-0.3%
90 Day0%-6.4%0.3%
1 Year19.9%19.9%6.1%3.2%19.5%15.1%
3 Year3.6%-2.4%-3.3%-11.2%43.7%30.5%
5 Year-6.7%-23.4%9.3%-6.0%106.8%75.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 4031's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 4031's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 4031 is unprofitable, so we can't compare its PE Ratio to the Asian Infrastructure industry average.

PE vs Market: 4031 is unprofitable, so we can't compare its PE Ratio to the SA market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4031's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4031 is overvalued based on its PB Ratio (2.7x) compared to the XA Infrastructure industry average (0.9x).


Future Growth

How is Saudi Ground Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.9%

Forecasted Transportation 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 Ground 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 Ground Services performed over the past 5 years?

-43.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4031 is currently unprofitable.

Growing Profit Margin: 4031 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 4031 is unprofitable, and losses have increased over the past 5 years at a rate of 43.8% per year.

Accelerating Growth: Unable to compare 4031's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 4031 is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (9.3%).


Return on Equity

High ROE: 4031 has a negative Return on Equity (-16.9%), as it is currently unprofitable.


Financial Health

How is Saudi Ground Services's financial position?


Financial Position Analysis

Short Term Liabilities: 4031's short term assets (SAR3.2B) exceed its short term liabilities (SAR710.3M).

Long Term Liabilities: 4031's short term assets (SAR3.2B) exceed its long term liabilities (SAR1.7B).


Debt to Equity History and Analysis

Debt Level: 4031's debt to equity ratio (40.1%) is considered high.

Reducing Debt: Insufficient data to determine if 4031's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 4031's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 4031's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 4031's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 4031's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 4031's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 4031's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 4031 is not paying a notable dividend for the SA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4031's dividend in 3 years as they are not forecast to pay a notable one for the SA market.


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

Raed Al-Idrissi

0.50

Tenure

Mr. Raed Hassan Al-Idrissi serves as Acting Chief Executive Officer at Saudi Ground Services Company since January 2, 2021. Mr. Al-Idrissi serves as an Executive Vice President of Operations at Saudi Groun...


Leadership Team

Experienced Management: 4031's management team is seasoned and experienced (5 years average tenure).


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


Key Information

  • Name: Saudi Ground Services Company
  • Ticker: 4031
  • Exchange: SASE
  • Founded: 2008
  • Industry: Airport Services
  • Sector: Transportation
  • Market Cap: ر.س6.580b
  • Shares outstanding: 188.00m
  • Website: https://www.saudiags.com

Number of Employees


Location

  • Saudi Ground Services Company
  • Al Yasmin Commercial Center
  • King Abdul Aziz Road
  • Jeddah
  • 21572
  • Saudi Arabia

Listings


Biography

Saudi Ground Services Company provides ground-handling services for passengers and aircraft in the Kingdom of Saudi Arabia. It offers a range of passenger, baggage handling, ramp, cargo loading/offloading,...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 14:04
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.