SASE:2080

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National Gas & Industerialization

Market Cap

ر.س3.3b

Last Updated

2021/07/29 15:39 UTC

Data Sources

Company Financials

Executive Summary

National Gas & Industerialization Co. engages in the transportation, filling, and marketing of liquefied petroleum gas primarily in Saudi Arabia. More Details


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has National Gas & Industerialization's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2080 is more volatile than 75% of SA stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 2080's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of SA stocks.


Market Performance


7 Day Return

4.4%

2080

-0.3%

SA Gas Utilities

0.3%

SA Market


1 Year Return

55.6%

2080

24.8%

SA Gas Utilities

14.8%

SA Market

Return vs Industry: 2080 exceeded the SA Gas Utilities industry which returned 24% over the past year.

Return vs Market: 2080 exceeded the SA Market which returned 14.4% over the past year.


Shareholder returns

2080IndustryMarket
7 Day4.4%-0.3%0.3%
30 Day3.8%-0.04%-1.1%
90 Day21.0%0.7%0.02%
1 Year57.4%55.6%29.6%24.8%19.2%14.8%
3 Year75.6%55.3%12.7%3.2%42.2%29.2%
5 Year102.9%63.8%54.9%35.0%104.7%74.0%

Long-Term Price Volatility Vs. Market

How volatile is National Gas & Industerialization's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is National Gas & Industerialization undervalued compared to its fair value and its price relative to the market?

16.15x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 2080 (SAR44.65) is trading above our estimate of fair value (SAR3.19)

Significantly Below Fair Value: 2080 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2080 is good value based on its PE Ratio (16.1x) compared to the Asian Gas Utilities industry average (16.9x).

PE vs Market: 2080 is good value based on its PE Ratio (16.1x) compared to the SA market (33.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2080's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2080 is overvalued based on its PB Ratio (2x) compared to the XA Gas Utilities industry average (1.4x).


Future Growth

How is National Gas & Industerialization forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.0%

Forecasted Utilities 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 National Gas & Industerialization 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 National Gas & Industerialization performed over the past 5 years?

-11.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2080 has high quality earnings.

Growing Profit Margin: 2080's current net profit margins (10.7%) are higher than last year (1.6%).


Past Earnings Growth Analysis

Earnings Trend: 2080's earnings have declined by 11.4% per year over the past 5 years.

Accelerating Growth: 2080's earnings growth over the past year (570%) exceeds its 5-year average (-11.4% per year).

Earnings vs Industry: 2080 earnings growth over the past year (570%) exceeded the Gas Utilities industry 14.1%.


Return on Equity

High ROE: 2080's Return on Equity (12.4%) is considered low.


Financial Health

How is National Gas & Industerialization's financial position?


Financial Position Analysis

Short Term Liabilities: 2080's short term assets (SAR939.2M) exceed its short term liabilities (SAR494.3M).

Long Term Liabilities: 2080's short term assets (SAR939.2M) exceed its long term liabilities (SAR275.0M).


Debt to Equity History and Analysis

Debt Level: 2080's debt to equity ratio (9.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 2080's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 2080's debt is well covered by operating cash flow (60%).

Interest Coverage: 2080 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is National Gas & Industerialization current dividend yield, its reliability and sustainability?

1.12%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2080's dividend (1.12%) isn’t notable compared to the bottom 25% of dividend payers in the SA market (1.46%).

High Dividend: 2080's dividend (1.12%) is low compared to the top 25% of dividend payers in the SA market (4.26%).


Stability and Growth of Payments

Stable Dividend: 2080 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 2080 has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.1%), 2080's dividend payments are well 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?

1.5yrs

Average board tenure


CEO

National Gas & Industerialization has no CEO, or we have no data on them.


Board Members

Experienced Board: 2080's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


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

National Gas & Industerialization Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: National Gas & Industerialization Co.
  • Ticker: 2080
  • Exchange: SASE
  • Founded: 1963
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: ر.س3.349b
  • Shares outstanding: 75.00m
  • Website: https://www.gasco.com.sa

Location

  • National Gas & Industerialization Co.
  • Building No 331
  • Prince Abdul Aziz Bin Musaid Ben Galloway North of King Fahd
  • Riyadh
  • 11421
  • Saudi Arabia

Listings


Biography

National Gas & Industerialization Co. engages in the transportation, filling, and marketing of liquefied petroleum gas primarily in Saudi Arabia. The company's products include underground and ground surfa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/29 15:39
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.