Saudi Ground Services Company

SASE:4031 Stock Report

Market Cap: ر.س4.9b

Saudi Ground Services Past Earnings Performance

Past criteria checks 2/6

Saudi Ground Services has been growing earnings at an average annual rate of 62.9%, while the Infrastructure industry saw earnings growing at 8.8% annually. Revenues have been growing at an average rate of 12.6% per year. Saudi Ground Services's return on equity is 8.1%, and it has net margins of 7.9%.

Key information

62.88%

Earnings growth rate

62.88%

EPS growth rate

Infrastructure Industry Growth6.15%
Revenue growth rate12.59%
Return on equity8.06%
Net Margin7.90%
Last Earnings Update30 Jun 2026

Recent past performance updates

Analysis Article Apr 06

We Think Saudi Ground Services' (TADAWUL:4031) Profit Is Only A Baseline For What They Can Achieve

The subdued stock price reaction suggests that Saudi Ground Services Company's ( TADAWUL:4031 ) strong earnings didn't...

Recent updates

New Narrative Jul 26

Saudi Ground Services revenue will rise by nearly 40%

I. Executive Summary and Signal The central thesis currently priced into the market is not the company's weakness, but the erosion of its monopoly.
Analysis Article Apr 06

We Think Saudi Ground Services' (TADAWUL:4031) Profit Is Only A Baseline For What They Can Achieve

The subdued stock price reaction suggests that Saudi Ground Services Company's ( TADAWUL:4031 ) strong earnings didn't...
Analysis Article Nov 05

Saudi Ground Services Company's (TADAWUL:4031) Subdued P/E Might Signal An Opportunity

There wouldn't be many who think Saudi Ground Services Company's ( TADAWUL:4031 ) price-to-earnings (or "P/E") ratio of...
Analysis Article Sep 12

Saudi Ground Services (TADAWUL:4031) Is Experiencing Growth In Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Analysis Article Jul 14

Saudi Ground Services Company's (TADAWUL:4031) Shareholders Might Be Looking For Exit

When close to half the companies in Saudi Arabia have price-to-earnings ratios (or "P/E's") below 21x, you may consider...
Analysis Article Apr 30

Saudi Ground Services' (TADAWUL:4031) Returns Have Hit A Wall

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Analysis Article Apr 01

Saudi Ground Services' (TADAWUL:4031) Solid Profits Have Weak Fundamentals

Saudi Ground Services Company ( TADAWUL:4031 ) announced strong profits, but the stock was stagnant. We did some...
Analysis Article Feb 06

Risks To Shareholder Returns Are Elevated At These Prices For Saudi Ground Services Company (TADAWUL:4031)

When you see that almost half of the companies in the Infrastructure industry in Saudi Arabia have price-to-sales...
Analysis Article Dec 09

Saudi Ground Services (TADAWUL:4031) Hasn't Managed To Accelerate Its Returns

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Sep 03

Returns At Saudi Ground Services (TADAWUL:4031) Appear To Be Weighed Down

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Jul 16

Saudi Ground Services Company's (TADAWUL:4031) Shareholders Might Be Looking For Exit

When you see that almost half of the companies in the Infrastructure industry in Saudi Arabia have price-to-sales...
Analysis Article Apr 26

Saudi Ground Services' (TADAWUL:4031) Returns On Capital Tell Us There Is Reason To Feel Uneasy

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Analysis Article Mar 11

Saudi Ground Services Company's (TADAWUL:4031) 36% Share Price Surge Not Quite Adding Up

Despite an already strong run, Saudi Ground Services Company ( TADAWUL:4031 ) shares have been powering on, with a gain...
Analysis Article Jan 07

Saudi Ground Services Company's (TADAWUL:4031) Shareholders Might Be Looking For Exit

Saudi Ground Services Company's ( TADAWUL:4031 ) price-to-sales (or "P/S") ratio of 3x may not look like an appealing...
Analysis Article Dec 11

Some Investors May Be Worried About Saudi Ground Services' (TADAWUL:4031) Returns On Capital

What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...
Analysis Article Aug 18

Be Wary Of Saudi Ground Services (TADAWUL:4031) And Its Returns On Capital

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
Analysis Article Jul 14

Calculating The Intrinsic Value Of Saudi Ground Services Company (TADAWUL:4031)

Key Insights The projected fair value for Saudi Ground Services is ر.س37.77 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Mar 13

Estimating The Fair Value Of Saudi Ground Services Company (TADAWUL:4031)

Key Insights Saudi Ground Services' estimated fair value is ر.س26.33 based on 2 Stage Free Cash Flow to Equity Saudi...
Analysis Article Aug 26

A Look At The Fair Value Of Saudi Ground Services Company (TADAWUL:4031)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Saudi Ground Services...
Analysis Article Aug 19

Here's Why We're Not Too Worried About Saudi Ground Services' (TADAWUL:4031) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Mar 03

How Much Did Saudi Ground Services'(TADAWUL:4031) Shareholders Earn From Share Price Movements Over The Last Five Years?

In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...

Revenue & Expenses Breakdown

How Saudi Ground Services makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

SASE:4031 Revenue, expenses and earnings (SAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 262,6772122980
31 Mar 262,7313683520
31 Dec 252,7304053350
30 Sep 252,7193943240
30 Jun 252,7053743430
31 Mar 252,7023533730
31 Dec 242,6843273640
30 Sep 242,6302932800
30 Jun 242,6082712600
31 Mar 242,5482432340
31 Dec 232,4592112330
30 Sep 232,338422910
30 Jun 232,247-692940
31 Mar 232,116-1853030
31 Dec 221,977-2443050
30 Sep 221,915-2373440
30 Jun 221,781-2303630
31 Mar 221,660-2563700
31 Dec 211,608-2543780
30 Sep 211,525-2713520
30 Jun 211,372-3153500
31 Mar 211,113-4193410
31 Dec 201,252-4543830
30 Sep 201,494-2613190
30 Jun 201,910-543100
31 Mar 202,4432683130
31 Dec 192,5404232650
30 Sep 192,5124052930
30 Jun 192,5293772960
31 Mar 192,5413663050
31 Dec 182,5543683110
30 Sep 182,5683763150
30 Jun 182,5644433030
31 Mar 182,5644533520
31 Dec 172,5865023520
30 Sep 172,6075423040
30 Jun 172,6525752960
31 Mar 172,6856492290
31 Dec 162,7276862170
30 Sep 162,7667511950
30 Jun 162,6857241900
31 Mar 162,6047021820
31 Dec 152,5416211840
30 Sep 153,1777812590

Quality Earnings: 4031 has high quality earnings.

Growing Profit Margin: 4031's current net profit margins (7.9%) are lower than last year (13.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 4031 has become profitable over the past 5 years, growing earnings by 62.9% per year.

Accelerating Growth: 4031's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4031 had negative earnings growth (-43.5%) over the past year, making it difficult to compare to the Infrastructure industry average (5.2%).


Return on Equity

High ROE: 4031's Return on Equity (8.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/13 16:40
End of Day Share Price 2026/08/13 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Saudi Ground Services Company is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jassim Al-JubranAljazira Capital Company
Renad AlshehriAljazira Capital Company
null nullAl Rajhi Capital