Saudi Steel Pipe Co. (SSP) narrowed net losses after zakat and tax by 63.7 percent year-on-year (YoY) to SAR 23.9 million in the first nine months of 2019 as the company reported non-recurring impairment of property, plant and equipment worth SAR 21 million in the same period of 2018.
| Item | 9m 2018 | 9m 2019 | Change |
|---|---|---|---|
| Revenues | 459.91 | 514.96 | 12.0 % |
| Gross Income | 4.54 | 13.54 | 198.0 % |
| Operating Income | (30.47) | (19.32) | 36.6 % |
| Net Income | (66.01) | (23.96) | 63.7 % |
| Average Shares | 51.00 | 51.00 | - |
| EPS (Riyals) | (1.29) | (0.47) | 63.7 % |
SSP’s profit share from its associate, Global Pipe Co., stood at SAR 6.12 million in the current period versus a loss of SAR 5.5 million a year earlier.
It also cited lower selling, marketing and distribution expenses, zakat and income tax charges.
In the third quarter, the pipe manufacturer trimmed net losses after zakat and tax by 41.5 percent year-on-year to SAR 14.12 million, backed by a rise in gross profit and sales volumes, improved sales mix and a reversal of SAR 0.54 million provision for accounts receivable.
When compared to Q2 2019, net losses widened by 38.8 percent as SSP incurred SAR 1.59 million in other expenses this quarter, compared to other income of SAR 1.40 million in Q2 2019.
The company also cited higher borrowing costs, marketing and selling expenses along with lower profit share from its associate.
| Item | Q3 2018 | Q3 2019 | Change |
|---|---|---|---|
| Revenues | 126.48 | 157.80 | 24.8 % |
| Gross Income | (11.82) | 0.13 | 101.1 % |
| Operating Income | (23.55) | (10.65) | 54.8 % |
| Net Income | (24.15) | (14.12) | 41.5 % |
| Average Shares | 51.00 | 51.00 | - |
| EPS (Riyals) | (0.47) | (0.28) | 41.5 % |
| Item | Q2 2019 | Q3 2019 | Change |
|---|---|---|---|
| Revenues | 161.85 | 157.80 | (2.5 %) |
| Gross Income | 0.88 | 0.13 | (85.9 %) |
| Operating Income | (11.00) | (10.65) | 3.2 % |
| Net Income | (10.17) | (14.12) | (38.9 %) |
| Average Shares | 51.00 | 51.00 | - |
| EPS (Riyals) | (0.20) | (0.28) | (38.9 %) |
| Period | Revenues | Change | Gross Income | Change | Net Income | Change | EPS(Riyal) |
|---|---|---|---|---|---|---|---|
| Q1 2010 | 153.44 | (1.5 %) | 28.11 | (31.1 %) | 20.02 | (40.4 %) | 0.39 |
| Q2 2010 | 168.86 | 16.2 % | 33.00 | (17.9 %) | 25.16 | (29.8 %) | 0.49 |
| Q3 2010 | 104.11 | (20.4 %) | 13.27 | (64.1 %) | 6.54 | (78.3 %) | 0.13 |
| Q4 2010 | 166.87 | 56.3 % | 34.15 | 57.4 % | 21.23 | 60.9 % | 0.42 |
| 2010 | 593.28 | 10.1 % | 108.53 | (22.3 %) | 72.95 | (35.3 %) | 1.43 |
| Q1 2011 | 163.11 | 6.3 % | 28.75 | 2.3 % | 21.01 | 5.0 % | 0.41 |
| Q2 2011 | 153.83 | (8.9 %) | 29.74 | (9.9 %) | 21.34 | (15.2 %) | 0.42 |
| Q3 2011 | 140.14 | 34.6 % | 17.97 | 35.3 % | 9.40 | 43.7 % | 0.18 |
| Q4 2011 | 172.27 | 3.2 % | 23.03 | (32.6 %) | 13.37 | (37.0 %) | 0.26 |
| 2011 | 629.35 | 6.1 % | 99.49 | (8.3 %) | 65.12 | (10.7 %) | 1.28 |
| Q1 2012 | 206.85 | 26.8 % | 29.13 | 1.3 % | 18.32 | (12.8 %) | 0.36 |
| Q2 2012 | 187.48 | 21.9 % | 22.88 | (23.1 %) | 12.38 | (42.0 %) | 0.24 |
| Q3 2012 | 152.16 | 8.6 % | 19.39 | 7.9 % | 8.92 | (5.1 %) | 0.17 |
| Q4 2012 | 179.87 | 4.4 % | 26.57 | 15.4 % | 14.09 | 5.4 % | 0.28 |
| 2012 | 726.36 | 15.4 % | 97.96 | (1.5 %) | 53.71 | (17.5 %) | 1.05 |
| Q1 2013 | 248.48 | 20.1 % | 37.91 | 30.2 % | 23.11 | 26.2 % | 0.45 |
| Q2 2013 | 249.13 | 32.9 % | 39.45 | 72.5 % | 25.11 | 102.7 % | 0.49 |
| Q3 2013 | 172.98 | 13.7 % | 27.95 | 44.1 % | 16.37 | 83.5 % | 0.32 |
| Q4 2013 | 168.76 | (6.2 %) | 25.76 | (3.0 %) | 14.86 | 5.4 % | 0.29 |
| 2013 | 839.34 | 15.6 % | 131.07 | 33.8 % | 79.44 | 47.9 % | 1.56 |
| Q1 2014 | 224.73 | (9.6 %) | 21.65 | (42.9 %) | 4.03 | (82.6 %) | 0.08 |
| Q2 2014 | 249.65 | 0.2 % | 32.69 | (17.1 %) | 15.55 | (38.1 %) | 0.30 |
| Q3 2014 | 241.88 | 39.8 % | 23.65 | (15.4 %) | 6.59 | (59.7 %) | 0.13 |
| Q4 2014 | 141.74 | (16.0 %) | 19.38 | (24.8 %) | 5.30 | (64.3 %) | 0.10 |
| 2014 | 857.99 | 2.2 % | 97.25 | (25.8 %) | 31.20 | (60.7 %) | 0.61 |
| Q1 2015 | 248.49 | 10.6 % | 29.24 | 35.0 % | 11.41 | 183.3 % | 0.22 |
| Q2 2015 | 279.97 | 12.1 % | 38.88 | 18.9 % | 23.46 | 50.8 % | 0.46 |
| Q3 2015 | 179.88 | (25.6 %) | 21.52 | (9.0 %) | 8.02 | 21.6 % | 0.16 |
| Q4 2015 | 143.55 | 1.3 % | 11.55 | (40.4 %) | (1.30) | (124.6 %) | (0.03) |
| 2015 | 852.09 | (0.7 %) | 95.78 | (1.5 %) | 33.38 | 7.0 % | 0.65 |
| Q1 2016 | 194.34 | (21.8 %) | 28.94 | (1.0 %) | 8.52 | (25.4 %) | 0.17 |
| Q2 2016 | 151.35 | (45.9 %) | 16.01 | (58.8 %) | 3.04 | (87.0 %) | 0.06 |
| Q3 2016 | 122.61 | (31.8 %) | 10.46 | (51.4 %) | 5.21 | (35.0 %) | 0.10 |
| Q4 2016 | 136.47 | (4.9 %) | (1.56) | (113.5 %) | (61.90) | (4,650.5 %) | (1.21) |
| 2016 | 604.77 | (29.0 %) | 53.85 | (43.8 %) | (45.13) | (235.2 %) | (0.88) |
| Q1 2017 | 128.01 | (34.1 %) | 18.12 | (37.4 %) | 10.21 | 19.8 % | 0.20 |
| Q2 2017 | 162.10 | 7.1 % | 22.32 | 39.4 % | 7.69 | 152.9 % | 0.15 |
| Q3 2017 | 194.56 | 58.7 % | 24.07 | 130.1 % | (14.46) | (377.4 %) | (0.28) |
| Q4 2017 | 211.75 | 55.2 % | 28.94 | 1954.9 % | 15.65 | 125.3 % | 0.31 |
| 2017 | 696.42 | 15.2 % | 93.44 | 73.5 % | 19.09 | 142.3 % | 0.37 |
| Q1 2018 | 177.14 | 38.4 % | 16.80 | (7.3 %) | (5.04) | (149.3 %) | (0.10) |
| Q2 2018 | 156.29 | (3.6 %) | (0.43) | (101.9 %) | (36.83) | (578.8 %) | (0.72) |
| Q3 2018 | 126.48 | (35.0 %) | (11.82) | (149.1 %) | (24.15) | (67.0 %) | (0.47) |
| Q4 2018 | 186.29 | (12.0 %) | (6.61) | (122.9 %) | (102.65) | (755.8 %) | (2.01) |
| 2018 | 646.20 | (7.2 %) | (2.07) | (102.2 %) | (168.66) | (983.4 %) | (3.31) |
| Q1 2019 | 195.31 | 10.3 % | 12.53 | (25.4 %) | 0.33 | 106.5 % | 0.01 |
| Q2 2019 | 161.85 | 3.6 % | 0.88 | 306.5 % | (10.17) | 72.4 % | (0.20) |
| Q3 2019 | 157.80 | 24.8 % | 0.13 | 101.1 % | (14.12) | 41.5 % | (0.28) |
| Period | Revenues | Change | Gross Income | Change | Net Income | Change | EPS(Riyal) |
|---|---|---|---|---|---|---|---|
| 2009 | 538.65 | (34.1 %) | 139.61 | (19.2 %) | 112.83 | (14.7 %) | 2.21 |
| 2010 | 593.28 | 10.1 % | 108.53 | (22.3 %) | 72.95 | (35.3 %) | 1.43 |
| 2011 | 629.35 | 6.1 % | 99.49 | (8.3 %) | 65.12 | (10.7 %) | 1.28 |
| 2012 | 726.36 | 15.4 % | 97.96 | (1.5 %) | 53.71 | (17.5 %) | 1.05 |
| 2013 | 839.34 | 15.6 % | 131.07 | 33.8 % | 79.44 | 47.9 % | 1.56 |
| 2014 | 857.99 | 2.2 % | 97.25 | (25.8 %) | 31.20 | (60.7 %) | 0.61 |
| 2015 | 852.09 | (0.7 %) | 95.78 | (1.5 %) | 33.38 | 7.0 % | 0.65 |
| 2016 | 604.77 | (29.0 %) | 53.85 | (43.8 %) | (45.13) | (235.2 %) | (0.88) |
| 2017 | 696.42 | 15.2 % | 93.44 | 73.5 % | 19.09 | 142.3 % | 0.37 |
| 2018 | 646.20 | (7.2 %) | (2.07) | (102.2 %) | (168.66) | (983.4 %) | (3.31) |
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| Q1 2010 | 23.67 % | 21.51 % | 18.50 % |
| Q2 2010 | 21.38 % | 19.23 % | 15.81 % |
| Q3 2010 | 18.02 % | 15.98 % | 12.18 % |
| Q4 2010 | 18.29 % | 16.59 % | 12.30 % |
| 2010 | 18.29 % | 16.59 % | 12.30 % |
| Q1 2011 | 18.11 % | 16.61 % | 12.26 % |
| Q2 2011 | 18.02 % | 16.41 % | 11.93 % |
| Q3 2011 | 17.73 % | 16.01 % | 11.70 % |
| Q4 2011 | 15.81 % | 13.97 % | 10.35 % |
| 2011 | 15.81 % | 13.97 % | 10.35 % |
| Q1 2012 | 14.84 % | 12.84 % | 9.27 % |
| Q2 2012 | 13.16 % | 11.16 % | 7.57 % |
| Q3 2012 | 13.14 % | 10.99 % | 7.37 % |
| Q4 2012 | 13.49 % | 11.08 % | 7.39 % |
| 2012 | 13.49 % | 11.08 % | 7.39 % |
| Q1 2013 | 13.90 % | 11.20 % | 7.62 % |
| Q2 2013 | 14.86 % | 11.98 % | 8.59 % |
| Q3 2013 | 15.51 % | 12.68 % | 9.25 % |
| Q4 2013 | 15.62 % | 12.78 % | 9.47 % |
| 2013 | 15.62 % | 12.78 % | 9.47 % |
| Q1 2014 | 14.08 % | 11.55 % | 7.40 % |
| Q2 2014 | 13.24 % | 11.01 % | 6.23 % |
| Q3 2014 | 11.72 % | 9.50 % | 4.64 % |
| Q4 2014 | 11.35 % | 9.10 % | 3.67 % |
| 2014 | 11.33 % | 9.27 % | 3.64 % |
| Q1 2015 | 11.90 % | 9.69 % | 4.41 % |
| Q2 2015 | 12.19 % | 10.10 % | 5.13 % |
| Q3 2015 | 12.82 % | 10.81 % | 5.79 % |
| Q4 2015 | 11.88 % | 10.12 % | 5.00 % |
| 2015 | 11.24 % | 9.48 % | 4.04 % |
| Q1 2016 | 12.65 % | 10.74 % | 4.98 % |
| Q2 2016 | 11.66 % | 9.63 % | 2.88 % |
| Q3 2016 | 10.94 % | 9.23 % | 2.85 % |
| Q4 2016 | 8.90 % | 7.52 % | (0.02 %) |
| 2016 | 8.90 % | 7.52 % | (0.02 %) |
| Q1 2017 | 7.99 % | 7.20 % | 0.29 % |
| Q2 2017 | 8.98 % | 8.23 % | 1.14 % |
| Q3 2017 | 10.13 % | 9.54 % | 1.32 % |
| Q4 2017 | 13.42 % | 13.14 % | 6.13 % |
| 2017 | 13.42 % | 13.29 % | 6.13 % |
| Q1 2018 | 12.36 % | 12.33 % | 3.68 % |
| Q2 2018 | 9.38 % | 9.68 % | 0.53 % |
| Q3 2018 | 4.98 % | 5.28 % | (4.37 %) |
| Q4 2018 | (0.32 %) | (0.60 %) | (10.16 %) |
| 2018 | (0.32 %) | (0.60 %) | (10.16 %) |
| Q1 2019 | (0.95 %) | (1.21 %) | (9.08 %) |
| Q2 2019 | (0.75 %) | (1.12 %) | (8.16 %) |
| Q3 2019 | 0.99 % | 0.71 % | (6.36 %) |
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| 2009 | 25.92 % | 23.89 % | 20.95 % |
| 2010 | 18.29 % | 16.59 % | 12.30 % |
| 2011 | 15.81 % | 13.97 % | 10.35 % |
| 2012 | 13.49 % | 11.08 % | 7.39 % |
| 2013 | 15.62 % | 12.78 % | 9.47 % |
| 2014 | 11.33 % | 9.27 % | 3.64 % |
| 2015 | 11.24 % | 9.48 % | 4.04 % |
| 2016 | 8.90 % | 7.52 % | (0.02 %) |
| 2017 | 13.42 % | 13.29 % | 6.13 % |
| 2018 | (0.32 %) | (0.60 %) | (10.16 %) |
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| Q1 2010 | 18.32 % | 16.07 % | 13.05 % |
| Q2 2010 | 19.54 % | 17.90 % | 14.90 % |
| Q3 2010 | 12.75 % | 11.59 % | 6.28 % |
| Q4 2010 | 20.47 % | 18.84 % | 12.72 % |
| Q1 2011 | 17.63 % | 16.19 % | 12.88 % |
| Q2 2011 | 19.34 % | 17.27 % | 13.87 % |
| Q3 2011 | 12.82 % | 11.05 % | 6.71 % |
| Q4 2011 | 13.37 % | 11.29 % | 7.76 % |
| Q1 2012 | 14.08 % | 12.06 % | 8.85 % |
| Q2 2012 | 12.20 % | 10.15 % | 6.61 % |
| Q3 2012 | 12.74 % | 10.25 % | 5.86 % |
| Q4 2012 | 14.77 % | 11.62 % | 7.84 % |
| Q1 2013 | 15.26 % | 12.27 % | 9.30 % |
| Q2 2013 | 15.84 % | 13.01 % | 10.08 % |
| Q3 2013 | 16.16 % | 13.91 % | 9.46 % |
| Q4 2013 | 15.26 % | 12.02 % | 8.80 % |
| Q1 2014 | 9.63 % | 7.75 % | 1.79 % |
| Q2 2014 | 13.09 % | 11.24 % | 6.23 % |
| Q3 2014 | 9.78 % | 7.55 % | 2.73 % |
| Q4 2014 | 13.67 % | 10.11 % | 3.74 % |
| Q1 2015 | 11.77 % | 9.97 % | 4.59 % |
| Q2 2015 | 13.89 % | 12.40 % | 8.38 % |
| Q3 2015 | 11.97 % | 10.03 % | 5.03 % |
| Q4 2015 | 8.04 % | 6.07 % | (0.91 %) |
| Q1 2016 | 14.89 % | 12.44 % | 4.38 % |
| Q2 2016 | 10.58 % | 8.92 % | 2.01 % |
| Q3 2016 | 8.53 % | 8.24 % | 5.88 % |
| Q4 2016 | (1.14 %) | (1.67 %) | (13.83 %) |
| Q1 2017 | 14.15 % | 13.63 % | 7.97 % |
| Q2 2017 | 13.77 % | 12.30 % | 4.75 % |
| Q3 2017 | 12.37 % | 12.41 % | 4.71 % |
| Q4 2017 | 13.67 % | 14.17 % | 7.39 % |
| Q1 2018 | 9.48 % | 10.07 % | (2.84 %) |
| Q2 2018 | (0.27 %) | (0.24 %) | (10.13 %) |
| Q3 2018 | (9.35 %) | (9.50 %) | (19.09 %) |
| Q4 2018 | (3.55 %) | (5.00 %) | (11.09 %) |
| Q1 2019 | 6.41 % | 6.98 % | 0.17 % |
| Q2 2019 | 0.55 % | 0.12 % | (6.28 %) |
| Q3 2019 | 0.08 % | 0.29 % | (8.95 %) |
| Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
|---|---|---|---|---|
| Q1 2010 | 51.00 | 1.95 | 1.95 | 15.88 |
| Q2 2010 | 51.00 | 1.74 | 1.74 | 16.33 |
| Q3 2010 | 51.00 | 1.27 | 1.27 | 15.92 |
| Q4 2010 | 51.00 | 1.43 | 1.43 | 16.31 |
| Q1 2011 | 51.00 | 1.45 | 1.45 | 15.67 |
| Q2 2011 | 51.00 | 1.37 | 1.37 | 16.03 |
| Q3 2011 | 51.00 | 1.43 | 1.43 | 15.43 |
| Q4 2011 | 51.00 | 1.28 | 1.28 | 15.55 |
| Q1 2012 | 51.00 | 1.22 | 1.22 | 15.04 |
| Q2 2012 | 51.00 | 1.05 | 1.05 | 15.24 |
| Q3 2012 | 51.00 | 1.04 | 1.04 | 15.38 |
| Q4 2012 | 51.00 | 1.05 | 1.05 | 15.56 |
| Q1 2013 | 51.00 | 1.15 | 1.15 | 15.95 |
| Q2 2013 | 51.00 | 1.40 | 1.40 | 15.66 |
| Q3 2013 | 51.00 | 1.54 | 1.54 | 15.19 |
| Q4 2013 | 51.00 | 1.56 | 1.56 | 15.39 |
| Q1 2014 | 51.00 | 1.18 | 1.18 | 15.41 |
| Q2 2014 | 51.00 | 1.00 | 1.00 | 15.66 |
| Q3 2014 | 51.00 | 0.80 | 0.80 | 15.75 |
| Q4 2014 | 51.00 | 0.62 | 0.62 | 15.75 |
| Q1 2015 | 51.00 | 0.76 | 0.76 | 15.93 |
| Q2 2015 | 51.00 | 0.92 | 0.92 | 15.82 |
| Q3 2015 | 51.00 | 0.94 | 0.96 | 15.44 |
| Q4 2015 | 51.00 | 0.82 | 0.84 | 15.23 |
| Q1 2016 | 51.00 | 0.76 | 0.78 | 15.38 |
| Q2 2016 | 51.00 | 0.36 | 0.38 | 15.47 |
| Q3 2016 | 51.00 | 0.30 | 0.34 | 15.56 |
| Q4 2016 | 51.00 | (0.88) | 0.00 | 13.95 |
| Q1 2017 | 51.00 | (0.85) | 0.03 | 14.16 |
| Q2 2017 | 51.00 | (0.76) | 0.12 | 14.31 |
| Q3 2017 | 51.00 | (1.15) | 0.16 | 14.02 |
| Q4 2017 | 51.00 | 0.37 | 0.84 | 14.31 |
| Q1 2018 | 51.00 | 0.08 | 0.54 | 14.20 |
| Q2 2018 | 51.00 | (0.80) | 0.08 | 13.48 |
| Q3 2018 | 51.00 | (0.99) | (0.58) | 13.01 |
| Q4 2018 | 51.00 | (3.31) | (1.29) | 10.97 |
| Q1 2019 | 51.00 | (3.20) | (1.18) | 10.98 |
| Q2 2019 | 51.00 | (2.68) | (1.07) | 10.78 |
| Q3 2019 | 51.00 | (2.48) | (0.87) | 10.50 |
| Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | Book Value (BV) |
|---|---|---|---|---|
| 2009 | 51.00 | 2.21 | 2.21 | 17.55 |
| 2010 | 51.00 | 1.43 | 1.43 | 16.31 |
| 2011 | 51.00 | 1.28 | 1.28 | 15.55 |
| 2012 | 51.00 | 1.05 | 1.05 | 15.56 |
| 2013 | 51.00 | 1.56 | 1.56 | 15.39 |
| 2014 | 51.00 | 0.61 | 0.61 | 15.75 |
| 2015 | 51.00 | 0.65 | 0.67 | 15.23 |
| 2016 | 51.00 | (0.88) | 0.00 | 13.95 |
| 2017 | 51.00 | 0.37 | 0.84 | 14.31 |
| 2018 | 51.00 | (3.31) | (1.29) | 10.97 |
| Period | P/E | Adjusted P/E | Price/book |
|---|---|---|---|
| Q1 2010 | 16.96 | 16.96 | 2.08 |
| Q2 2010 | 15.61 | 15.61 | 1.66 |
| Q3 2010 | 19.09 | 19.09 | 1.53 |
| Q4 2010 | 16.85 | 16.85 | 1.48 |
| Q1 2011 | 16.10 | 16.10 | 1.49 |
| Q2 2011 | 19.35 | 19.35 | 1.66 |
| Q3 2011 | 16.49 | 16.49 | 1.53 |
| Q4 2011 | 22.87 | 22.87 | 1.88 |
| Q1 2012 | 23.04 | 23.04 | 1.87 |
| Q2 2012 | 20.84 | 20.84 | 1.43 |
| Q3 2012 | 23.10 | 23.10 | 1.56 |
| Q4 2012 | 24.02 | 24.02 | 1.63 |
| Q1 2013 | 22.49 | 22.49 | 1.62 |
| Q2 2013 | 18.54 | 18.54 | 1.65 |
| Q3 2013 | 19.45 | 19.45 | 1.97 |
| Q4 2013 | 22.79 | 22.79 | 2.31 |
| Q1 2014 | 31.68 | 31.68 | 2.43 |
| Q2 2014 | 33.82 | 33.82 | 2.15 |
| Q3 2014 | 47.24 | 47.24 | 2.41 |
| Q4 2014 | 38.95 | 38.95 | 1.53 |
| Q1 2015 | 37.18 | 37.18 | 1.78 |
| Q2 2015 | 31.20 | 31.20 | 1.81 |
| Q3 2015 | 22.33 | 21.87 | 1.37 |
| Q4 2015 | 26.67 | 26.03 | 1.43 |
| Q1 2016 | 23.24 | 22.64 | 1.15 |
| Q2 2016 | More than 50 | 47.84 | 1.17 |
| Q3 2016 | 44.18 | 39.13 | 0.86 |
| Q4 2016 | NEG | NEG | 1.37 |
| Q1 2017 | NEG | More than 50 | 1.19 |
| Q2 2017 | NEG | More than 50 | 1.08 |
| Q3 2017 | NEG | More than 50 | 1.21 |
| Q4 2017 | 42.98 | 19.21 | 1.12 |
| Q1 2018 | More than 50 | 40.66 | 1.54 |
| Q2 2018 | NEG | More than 50 | 1.47 |
| Q3 2018 | NEG | NEG | 1.68 |
| Q4 2018 | NEG | NEG | 1.65 |
| Q1 2019 | NEG | NEG | 2.17 |
| Q2 2019 | NEG | NEG | 2.04 |
| Q3 2019 | NEG | NEG | 2.02 |
| Period | P/E | Adjusted P/E | Price/book |
|---|---|---|---|
| 2009 | 15.41 | 15.41 | 1.94 |
| 2010 | 16.85 | 16.85 | 1.48 |
| 2011 | 22.87 | 22.87 | 1.88 |
| 2012 | 24.02 | 24.02 | 1.63 |
| 2013 | 22.79 | 22.79 | 2.31 |
| 2014 | 39.29 | 39.29 | 1.53 |
| 2015 | 33.23 | 32.24 | 1.43 |
| 2016 | NEG | NEG | 1.37 |
| 2017 | 42.98 | 19.21 | 1.12 |
| 2018 | NEG | NEG | 1.65 |
Q3 2019
2019
| Period | Steele Pipes | Process equipment |
|---|---|---|
| Q1 2016 | 189.38 | 4.96 |
| Q2 2016 | 142.38 | 8.96 |
| Q3 2016 | 108.37 | 14.24 |
| Q4 2016 | 117.56 | 18.91 |
| Q1 2017 | 112.31 | 15.70 |
| Q2 2017 | 147.84 | 14.26 |
| Q3 2017 | 166.54 | 28.03 |
| Q4 2017 | 190.06 | 21.69 |
| Q1 2018 | 164.97 | 12.17 |
| Q2 2018 | 143.73 | 12.56 |
| Q3 2018 | 112.50 | 13.98 |
| Q4 2018 | 166.54 | 19.76 |
| Q1 2019 | 176.76 | 18.56 |
| Q2 2019 | 138.74 | 23.10 |
| Q3 2019 | 127.23 | 30.57 |
| Period | Steele Pipes | Process equipment |
|---|---|---|
| 2016 | 557.70 | 47.07 |
| 2017 | 616.74 | 79.68 |
| 2018 | 587.74 | 58.46 |
| Item | Q3 2019 (e) | Q3 2019 (a) | Change |
|---|---|---|---|
| Average | 1.30 | (14.12) | (1186.2 %) |
| Item | Q3 2019 (e) | Q3 2019 (a) | Change |
|---|---|---|---|
| SNB Capital | 1.30 | (14.12) | (1186.2) % |
| Current | |
| Market Cap (M Riyal) | 3,697.50 |
| Enterprise Value (EV) (M) | 4,239.78 |
| Shares Outstanding ((M)) | 51.00 |
| EPS ( Riyal) (TTM) | 4.37 |
| Book Value (BV) ( Riyal) | 15.25 |
| Par Value ( Riyal) | 10.00 |
| Adjusted P/E (Last12) | 19.24 |
| P/E (TTM) | 16.60 |
| Price/book | 4.75 |
| Return on Average Assets (%) (TTM) | 15.6 |
| Return on Average Equity (%) (TTM) | 33.4 |
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