Saudi Electricity Company engages in the generation, transmission, and distribution of electric power for governmental, industrial, agricultural, commercial, and residential consumers in the Kingdom of Saudi Arabia. More Details
Good value with proven track record and pays a dividend.
Share Price & News
How has Saudi Electricity's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 5110 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 5110's weekly volatility (4%) has been stable over the past year.
7 Day Return
SA Electric Utilities
1 Year Return
SA Electric Utilities
Return vs Industry: 5110 exceeded the SA Electric Utilities industry which returned 20.1% over the past year.
Return vs Market: 5110 exceeded the SA Market which returned 15.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Saudi Electricity's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StSaudi Electricity Company (TADAWUL:5110) Shares Could Be 46% Below Their Intrinsic Value Estimate
1 month ago | Simply Wall StWe Like These Underlying Return On Capital Trends At Saudi Electricity (TADAWUL:5110)
3 months ago | Simply Wall StSaudi Electricity Company (TADAWUL:5110) Stock Goes Ex-Dividend In Just One Day
Is Saudi Electricity undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 5110 (SAR25.8) is trading below our estimate of fair value (SAR46.82)
Significantly Below Fair Value: 5110 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 5110 is poor value based on its PE Ratio (24.8x) compared to the Asian Electric Utilities industry average (16.6x).
PE vs Market: 5110 is good value based on its PE Ratio (24.8x) compared to the SA market (34.5x).
Price to Earnings Growth Ratio
PEG Ratio: 5110 is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: 5110 is good value based on its PB Ratio (0.4x) compared to the XA Electric Utilities industry average (0.9x).
How is Saudi Electricity forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 5110's forecast earnings growth (7.4% per year) is below the savings rate (8.8%).
Earnings vs Market: 5110's earnings (7.4% per year) are forecast to grow faster than the SA market (7.1% per year).
High Growth Earnings: 5110's earnings are forecast to grow, but not significantly.
Revenue vs Market: 5110's revenue (0.1% per year) is forecast to grow slower than the SA market (3.4% per year).
High Growth Revenue: 5110's revenue (0.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 5110's Return on Equity is forecast to be low in 3 years time (7.3%).
How has Saudi Electricity performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5110 has high quality earnings.
Growing Profit Margin: 5110's current net profit margins (6.1%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: 5110's earnings have declined by 39.1% per year over the past 5 years.
Accelerating Growth: 5110's earnings growth over the past year (896.9%) exceeds its 5-year average (-39.1% per year).
Earnings vs Industry: 5110 earnings growth over the past year (896.9%) exceeded the Electric Utilities industry 3.9%.
Return on Equity
High ROE: 5110's Return on Equity (2.9%) is considered low.
How is Saudi Electricity's financial position?
Financial Position Analysis
Short Term Liabilities: 5110's short term assets (SAR47.0B) do not cover its short term liabilities (SAR72.7B).
Long Term Liabilities: 5110's short term assets (SAR47.0B) do not cover its long term liabilities (SAR164.5B).
Debt to Equity History and Analysis
Debt Level: 5110's debt to equity ratio (45%) is considered high.
Reducing Debt: 5110's debt to equity ratio has reduced from 183.7% to 45% over the past 5 years.
Debt Coverage: 5110's debt is well covered by operating cash flow (28.2%).
Interest Coverage: 5110's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is Saudi Electricity current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5110's dividend (2.71%) is higher than the bottom 25% of dividend payers in the SA market (1.45%).
High Dividend: 5110's dividend (2.71%) is low compared to the top 25% of dividend payers in the SA market (4.43%).
Stability and Growth of Payments
Stable Dividend: 5110's dividends per share have been stable in the past 10 years.
Growing Dividend: 5110's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.2%), 5110's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 5110's dividends in 3 years are forecast to be well covered by earnings (24.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Khaled bin Al Gnoon
Engineer Khaled bin Hamad Al Gnoon has been the Chief Executive Officer of Saudi Electricity Company since June 07, 2021. Khaled bin Hamad Al Gnoon holds a Master of Business Administration, Bachelor of El...
Experienced Management: 5110's management team is seasoned and experienced (5.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Saudi Electricity Company's company bio, employee growth, exchange listings and data sources
- Name: Saudi Electricity Company
- Ticker: 5110
- Exchange: SASE
- Founded: 2000
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: ر.س107.498b
- Shares outstanding: 4.17b
- Website: https://www.se.com.sa
Number of Employees
- Saudi Electricity Company
- SEC Building
- Al-Olaya Street with Rihana Bint Zaid St
- Saudi Arabia
Saudi Electricity Company engages in the generation, transmission, and distribution of electric power for governmental, industrial, agricultural, commercial, and residential consumers in the Kingdom of Sau...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/27 17:28|
|End of Day Share Price||2021/07/27 00:00|
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.