SASE:2081

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Alkhorayef Water & Power Technologies

Market Cap

ر.س3.2b

Last Updated

2021/07/30 14:02 UTC

Data Sources

Company Financials +

Executive Summary

Alkhorayef Water & Power Technologies designs, constructs, operates, maintains, and manages water and wastewater projects in Saudi Arabia. More Details


Snowflake Analysis

Excellent balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Alkhorayef Water & Power Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2081 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: Insufficient data to determine 2081's volatility change over the past year.


Market Performance


7 Day Return

1.4%

2081

-3.2%

SA Water Utilities

0.6%

SA Market


1 Year Return

n/a

2081

-11.5%

SA Water Utilities

15.1%

SA Market

Return vs Industry: Insufficient data to determine how 2081 performed against the SA Water Utilities industry.

Return vs Market: Insufficient data to determine how 2081 performed against the SA Market.


Shareholder returns

2081IndustryMarket
7 Day1.4%-3.2%0.6%
30 Day8.9%-3.3%-0.3%
90 Day13.3%-5.2%0.3%
1 Yearn/a-7.8%-11.5%19.5%15.1%
3 Yearn/a-3.7%-13.0%43.7%30.5%
5 Yearn/a-15.8%-26.3%106.8%75.8%

Long-Term Price Volatility Vs. Market

How volatile is Alkhorayef Water & Power Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Alkhorayef Water & Power Technologies undervalued compared to its fair value and its price relative to the market?

29.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 2081 (SAR129.8) is trading above our estimate of fair value (SAR80.86)

Significantly Below Fair Value: 2081 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2081 is poor value based on its PE Ratio (29.7x) compared to the Asian Water Utilities industry average (12.7x).

PE vs Market: 2081 is good value based on its PE Ratio (29.7x) compared to the SA market (33.9x).


Price to Earnings Growth Ratio

PEG Ratio: 2081 is poor value based on its PEG Ratio (3.7x)


Price to Book Ratio

PB vs Industry: 2081 is overvalued based on its PB Ratio (10.1x) compared to the XA Water Utilities industry average (1.2x).


Future Growth

How is Alkhorayef Water & Power Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

7.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2081's forecast earnings growth (7.9% per year) is below the savings rate (8.8%).

Earnings vs Market: 2081's earnings (7.9% per year) are forecast to grow faster than the SA market (6.8% per year).

High Growth Earnings: 2081's earnings are forecast to grow, but not significantly.

Revenue vs Market: 2081's revenue (11.7% per year) is forecast to grow faster than the SA market (3.3% per year).

High Growth Revenue: 2081's revenue (11.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 2081's Return on Equity is forecast to be high in 3 years time (32.2%)


Past Performance

How has Alkhorayef Water & Power Technologies performed over the past 5 years?

32.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2081 has high quality earnings.

Growing Profit Margin: 2081's current net profit margins (21%) are lower than last year (21.7%).


Past Earnings Growth Analysis

Earnings Trend: 2081's earnings have grown significantly by 32.2% per year over the past 5 years.

Accelerating Growth: 2081's earnings growth over the past year (7.3%) is below its 5-year average (32.2% per year).

Earnings vs Industry: 2081 earnings growth over the past year (7.3%) underperformed the Water Utilities industry 11.8%.


Return on Equity

High ROE: 2081's Return on Equity (34.1%) is considered high.


Financial Health

How is Alkhorayef Water & Power Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 2081's short term assets (SAR513.9M) exceed its short term liabilities (SAR194.3M).

Long Term Liabilities: 2081's short term assets (SAR513.9M) exceed its long term liabilities (SAR68.2M).


Debt to Equity History and Analysis

Debt Level: 2081's debt to equity ratio (34.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 2081's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 2081's debt is well covered by operating cash flow (121.4%).

Interest Coverage: 2081's interest payments on its debt are well covered by EBIT (34.5x coverage).


Balance Sheet


Dividend

What is Alkhorayef Water & Power Technologies's current dividend yield, its reliability and sustainability?

2.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2081's dividend (2.31%) is higher than the bottom 25% of dividend payers in the SA market (1.46%).

High Dividend: 2081's dividend (2.31%) is low compared to the top 25% of dividend payers in the SA market (4.32%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 2081's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 2081's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (64%), 2081's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 2081's dividends in 3 years are forecast to be covered by earnings (65% payout ratio).


Next Steps

Management

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


CEO

Alkhorayef Water & Power Technologies has no CEO, or we have no data on them.


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: 2081 only recently listed within the past 12 months.


Top Shareholders

Company Information

Alkhorayef Water & Power Technologies's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alkhorayef Water & Power Technologies
  • Ticker: 2081
  • Exchange: SASE
  • Founded: NaN
  • Industry: Water Utilities
  • Sector: Utilities
  • Market Cap: ر.س3.245b
  • Shares outstanding: 25.00m
  • Website: https://www.awpt.com.sa

Number of Employees


Location

  • Alkhorayef Water & Power Technologies
  • King Abdul Aziz Road (North)
  • Exit 5, Al-Nafal District
  • Riyadh
  • 11595
  • Saudi Arabia

Listings


Biography

Alkhorayef Water & Power Technologies designs, constructs, operates, maintains, and manages water and wastewater projects in Saudi Arabia. The company operates through three segments: Water, Waste Water, a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 14:02
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.