Saudi Steel Pipes Company Logo

Saudi Steel Pipes Company

1320.SR

(2.0)
Stock Price

70,70 SAR

11.86% ROA

28.42% ROE

16.4x PER

Market Cap.

3.446.985.610,00 SAR

55.05% DER

1.09% Yield

11.72% NPM

Saudi Steel Pipes Company Stock Analysis

Saudi Steel Pipes Company Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Saudi Steel Pipes Company Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (21.29%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ROA (6.16%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

3 PBV

The stock's PBV ratio (2.68x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

4 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

5 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

6 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

7 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (313), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

8 DER

The company has a high debt to equity ratio (117%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

Saudi Steel Pipes Company Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Saudi Steel Pipes Company Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Saudi Steel Pipes Company Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Saudi Steel Pipes Company Revenue
Year Revenue Growth
2006 565.414.000
2007 727.811.000 22.31%
2008 816.874.000 10.9%
2009 538.645.000 -51.65%
2010 593.278.000 9.21%
2011 629.353.900 5.73%
2012 687.940.000 8.52%
2013 839.336.193 18.04%
2014 857.993.624 2.17%
2015 852.088.326 -0.69%
2016 627.390.007 -35.81%
2017 696.421.393 9.91%
2018 646.201.904 -7.77%
2019 671.553.134 3.78%
2020 508.511.974 -32.06%
2021 373.484.610 -36.15%
2022 747.622.847 50.04%
2023 1.269.866.632 41.13%
2023 1.334.708.124 4.86%
2024 1.889.594.548 29.37%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Saudi Steel Pipes Company Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Saudi Steel Pipes Company General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 35.648.000
2007 25.842.000 -37.95%
2008 31.106.000 16.92%
2009 25.991.000 -19.68%
2010 30.916.000 15.93%
2011 23.944.629 -29.11%
2012 38.418.000 37.67%
2013 26.241.272 -46.4%
2014 30.295.629 13.38%
2015 30.594.635 0.98%
2016 32.320.302 5.34%
2017 6.168.404 -423.97%
2018 7.129.157 13.48%
2019 8.279.641 13.9%
2020 5.595.502 -47.97%
2021 5.355.311 -4.49%
2022 5.874.883 8.84%
2023 47.477.692 87.63%
2023 10.854.436 -337.4%
2024 49.202.396 77.94%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Saudi Steel Pipes Company EBITDA
Year EBITDA Growth
2006 96.225.000
2007 156.100.000 38.36%
2008 163.624.000 4.6%
2009 135.135.000 -21.08%
2010 67.278.000 -100.86%
2011 92.783.382 27.49%
2012 78.268.000 -18.55%
2013 107.236.302 27.01%
2014 77.776.731 -37.88%
2015 81.823.357 4.95%
2016 54.276.823 -50.75%
2017 102.083.138 46.83%
2018 -33.376.718 405.85%
2019 20.236.560 264.93%
2020 19.252.258 -5.11%
2021 34.996.993 44.99%
2022 118.480.838 70.46%
2023 283.186.728 58.16%
2023 271.355.000 -4.36%
2024 416.967.000 34.92%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Saudi Steel Pipes Company Gross Profit
Year Gross Profit Growth
2006 111.452.000
2007 156.071.000 28.59%
2008 172.805.000 9.68%
2009 154.674.000 -11.72%
2010 108.526.000 -42.52%
2011 99.489.059 -9.08%
2012 57.749.000 -72.28%
2013 131.067.536 55.94%
2014 97.249.470 -34.77%
2015 95.774.719 -1.54%
2016 56.392.964 -69.83%
2017 93.444.333 39.65%
2018 -2.071.004 4612.03%
2019 13.178.134 115.72%
2020 24.640.337 46.52%
2021 27.334.583 9.86%
2022 107.162.368 74.49%
2023 254.151.296 57.84%
2023 280.591.099 9.42%
2024 420.891.648 33.33%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Saudi Steel Pipes Company Net Profit
Year Net Profit Growth
2006 66.898.000
2007 116.167.000 42.41%
2008 132.312.000 12.2%
2009 112.834.000 -17.26%
2010 72.938.000 -54.7%
2011 60.217.929 -21.12%
2012 53.699.000 -12.14%
2013 79.448.027 32.41%
2014 29.403.459 -170.2%
2015 33.381.718 11.92%
2016 -44.896.425 174.35%
2017 19.091.982 335.16%
2018 -168.657.176 111.32%
2019 -26.828.587 -528.65%
2020 -34.476.423 22.18%
2021 -17.988.670 -91.66%
2022 54.205.644 133.19%
2023 99.826.176 45.7%
2023 173.051.631 42.31%
2024 207.052.484 16.42%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Saudi Steel Pipes Company Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 10 88.89%
2008 4 -200%
2009 2 -50%
2010 1 -100%
2011 1 0%
2012 1 0%
2013 2 0%
2014 1 0%
2015 1 0%
2016 -1 0%
2017 0 0%
2018 -3 100%
2019 -1 0%
2020 -1 0%
2021 0 0%
2022 1 100%
2023 2 0%
2023 3 66.67%
2024 4 25%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Saudi Steel Pipes Company Free Cashflow
Year Free Cashflow Growth
2006 68.481.000
2007 -25.150.000 372.29%
2008 144.775.000 117.37%
2009 88.975.000 -62.71%
2010 -94.060.000 194.59%
2011 54.320.415 273.16%
2012 39.715.000 -36.78%
2013 -169.097.005 123.49%
2014 20.688.905 917.33%
2015 97.225.986 78.72%
2016 47.377.025 -105.22%
2017 45.766.525 -3.52%
2018 -37.719.638 221.33%
2019 43.305.944 187.1%
2020 31.224.553 -38.69%
2021 55.199.561 43.43%
2022 -13.929.011 496.29%
2023 307.567.955 104.53%
2023 -3.367.757 9232.72%
2024 17.009.731 119.8%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Saudi Steel Pipes Company Operating Cashflow
Year Operating Cashflow Growth
2006 74.387.000
2007 -16.774.000 543.47%
2008 196.736.000 108.53%
2009 137.313.000 -43.28%
2010 73.217.000 -87.54%
2011 60.210.165 -21.6%
2012 45.911.000 -31.15%
2013 45.733.184 -0.39%
2014 101.994.639 55.16%
2015 155.318.135 34.33%
2016 76.348.385 -103.43%
2017 65.092.096 -17.29%
2018 -5.670.647 1247.88%
2019 49.060.286 111.56%
2020 46.752.749 -4.94%
2021 61.840.022 24.4%
2022 -12.154.508 608.78%
2023 315.357.590 103.85%
2023 1.008.949 -31156.05%
2024 26.068.429 96.13%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Saudi Steel Pipes Company Capital Expenditure
Year Capital Expenditure Growth
2006 5.906.000
2007 8.376.000 29.49%
2008 51.961.000 83.88%
2009 48.338.000 -7.5%
2010 167.277.000 71.1%
2011 5.889.750 -2740.14%
2012 6.196.000 4.94%
2013 214.830.189 97.12%
2014 81.305.734 -164.23%
2015 58.092.149 -39.96%
2016 28.971.360 -100.52%
2017 19.325.571 -49.91%
2018 32.048.991 39.7%
2019 5.754.342 -456.95%
2020 15.528.196 62.94%
2021 6.640.461 -133.84%
2022 1.774.503 -274.22%
2023 7.789.635 77.22%
2023 4.376.706 -77.98%
2024 9.058.698 51.69%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Saudi Steel Pipes Company Equity
Year Equity Growth
2006 328.485.000
2007 414.653.000 20.78%
2008 426.965.000 2.88%
2009 894.880.000 52.29%
2010 832.025.000 -7.55%
2011 792.873.276 -4.94%
2012 809.646.000 2.07%
2013 794.307.237 -1.93%
2014 806.573.018 1.52%
2015 776.732.604 -3.84%
2016 727.551.827 -6.76%
2017 729.847.339 0.31%
2018 559.443.092 -30.46%
2019 528.057.984 -5.94%
2020 493.184.812 -7.07%
2021 495.204.234 0.41%
2022 550.516.326 10.05%
2023 810.253.013 32.06%
2023 893.867.873 9.35%
2024 1.004.364.109 11%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Saudi Steel Pipes Company Assets
Year Assets Growth
2006 458.613.000
2007 579.218.000 20.82%
2008 667.081.000 13.17%
2009 981.127.000 32.01%
2010 928.974.000 -5.61%
2011 959.077.756 3.14%
2012 1.080.841.000 11.27%
2013 1.343.946.464 19.58%
2014 1.398.645.942 3.91%
2015 1.282.334.857 -9.07%
2016 1.232.291.060 -4.06%
2017 1.215.551.157 -1.38%
2018 1.152.206.225 -5.5%
2019 1.118.893.791 -2.98%
2020 1.110.344.457 -0.77%
2021 972.007.156 -14.23%
2022 1.038.440.959 6.4%
2023 2.105.410.336 50.68%
2023 2.055.972.828 -2.4%
2024 1.773.991.972 -15.9%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Saudi Steel Pipes Company Liabilities
Year Liabilities Growth
2006 130.128.000
2007 164.565.000 20.93%
2008 240.116.000 31.46%
2009 86.247.000 -178.41%
2010 96.949.000 11.04%
2011 166.204.480 41.67%
2012 280.795.000 40.81%
2013 549.639.227 48.91%
2014 592.072.924 7.17%
2015 505.602.253 -17.1%
2016 504.739.233 -0.17%
2017 485.703.818 -3.92%
2018 592.763.133 18.06%
2019 590.835.807 -0.33%
2020 617.159.645 4.27%
2021 476.802.922 -29.44%
2022 487.924.633 2.28%
2023 1.295.157.323 62.33%
2023 1.162.104.955 -11.45%
2024 769.627.863 -51%

Saudi Steel Pipes Company Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
35.49
Net Income per Share
4.16
Price to Earning Ratio
16.4x
Price To Sales Ratio
1.92x
POCF Ratio
14.93
PFCF Ratio
16.49
Price to Book Ratio
4.35
EV to Sales
2.11
EV Over EBITDA
8.62
EV to Operating CashFlow
16.41
EV to FreeCashFlow
18.13
Earnings Yield
0.06
FreeCashFlow Yield
0.06
Market Cap
3,45 Bil.
Enterprise Value
3,79 Bil.
Graham Number
38.3
Graham NetNet
-5.93

Income Statement Metrics

Net Income per Share
4.16
Income Quality
1.01
ROE
0.28
Return On Assets
0.12
Return On Capital Employed
0.26
Net Income per EBT
0.77
EBT Per Ebit
0.92
Ebit per Revenue
0.17
Effective Tax Rate
0.03

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.21
Operating Profit Margin
0.17
Pretax Profit Margin
0.15
Net Profit Margin
0.12

Dividends

Dividend Yield
0.01
Dividend Yield %
1.09
Payout Ratio
0
Dividend Per Share
0.74

Operating Metrics

Operating Cashflow per Share
4.57
Free CashFlow per Share
4.13
Capex to Operating CashFlow
0.09
Capex to Revenue
0.01
Capex to Depreciation
0.33
Return on Invested Capital
0.24
Return on Tangible Assets
0.12
Days Sales Outstanding
58.24
Days Payables Outstanding
27.79
Days of Inventory on Hand
79.16
Receivables Turnover
6.27
Payables Turnover
13.14
Inventory Turnover
4.61
Capex per Share
0.43

Balance Sheet

Cash per Share
2,01
Book Value per Share
19,87
Tangible Book Value per Share
19.83
Shareholders Equity per Share
15.67
Interest Debt per Share
9.53
Debt to Equity
0.55
Debt to Assets
0.25
Net Debt to EBITDA
0.78
Current Ratio
1.17
Tangible Asset Value
1,00 Bil.
Net Current Asset Value
-0,06 Bil.
Invested Capital
1153985213
Working Capital
0,11 Bil.
Intangibles to Total Assets
0
Average Receivables
0,21 Bil.
Average Payables
0,13 Bil.
Average Inventory
404259948.5
Debt to Market Cap
0.13

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Saudi Steel Pipes Company Dividends
Year Dividends Growth
2011 2
2012 1 0%
2013 2 100%
2015 1 0%
2024 1 0%

Saudi Steel Pipes Company Profile

About Saudi Steel Pipes Company

Saudi Steel Pipes Company manufactures and sells steel pipes in Saudi Arabia and internationally. It operates through Steel Pipe and Process Equipment segments. The Steel Pipe segment manufactures welded steel pipes by high frequency induction welding and galvanizing, coating, threading, and bending of the pipes used in oil and gas, water, and construction sectors. The Process Equipment segment designs, manufactures, assembles, and maintains heavy process equipment for the utilization of oil and gas, power generation, desalination, mining, solar energy, and offshore plants. The company manufactures black and galvanized steel pipes, ERW/HFI galvanized and threaded steel pipes and seamless pipes, pipes with three-layer external coating by polyethylene and polypropylene in different diameters, pipes with epoxy coating inside, bended pipes in different diameters, space frames, and submerged arc welded pipes, as well as stationary process equipment. It also wholesales iron and steel tubes and hollow shapes; ferrous and non-ferrous metal pipes and accessories; locks, hinges, and other hand tools and metal accessories; and construction and metal materials. Saudi Steel Pipes Company was incorporated in 1980 and is headquartered in Dammam, Saudi Arabia.

CEO
Renwar Berzinji
Employee
451
Address
39th Street Second Industrial City
Dammam, 31326

Saudi Steel Pipes Company Executives & BODs

Saudi Steel Pipes Company Executives & BODs
# Name Age
1 Mr. Mohammed Anwar Alshakhouri
Administration & Finance Director
70
2 Mr. Luis Moreno
Operations Director
70
3 Mr. Renwar A. M. Berzinji
MD & Director
70

Saudi Steel Pipes Company Competitors