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Saudi Ceramic Company (2040.SR)

SAR24.69 -0.33 (-1.32%)
SA SAU Industrials Construction
Address King Fahad Road 11481
Riyadh, Riyadh Province, SA
CEO Azzam Saud Al-Madhihim
IPO 2010-03-04
ISIN SA0007879154

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Description

Established in 1977 and headquartered in Riyadh, Saudi Arabia, Saudi Ceramic Company operates as a prominent producer and supplier both within its home country and across global markets. The firm's extensive portfolio encompasses a broad spectrum of ceramic offerings, including diverse tile types such as ceramic, porcelain, outdoor, and specialized swimming pool varieties. Beyond ceramics, it manufactures water heating units and a comprehensive array of bathroom essentials. These include various sanitary ware items like wash basins, water closets, and wall-hung fixtures, alongside bathroom furnishings and accessories such as bathtubs, shower trays, faucets, and toilet seat covers. Furthermore, its production capabilities extend to clay bricks, critical bathroom finishes, and the provision of vital industrial minerals, including limestone, silica sands, kaolin, feldspar, different types of clay, dolomite, and calcite.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
SAR24.69 -0.33 (-1.32%)
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Volume Profile
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Liquidity & share structure
Average Volume
284.8K
Beta
0.13
Float Shares
88.09M
Free Float %
88.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.00% -11.23% +5.15% -2.70% +0.37% -4.24% +5.48% -40.77% +47.15% +183.90%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
24.69
DCF (Unlevered) 5.15 -79.1%
DCF (Levered) 6.19 -74.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.21
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Operational MOAT
✗ Below peers
  • Revenue growth Construction: +2.5%
    +10.5% Q1'26: -0.4% (vs Q1'25)
  • EPS growth Construction: +11.1%
    +326.3% Q1'26: +4.8% (vs Q1'25)
  • FCF margin FCF growth · Construction: +30.9%
    -4.3% Q1'26: -13.2% (vs Q1'25)
  • EBIT margin Construction: +8.5%
    +6.3% Q1'26: +7.3% (vs Q1'25)
  • ROIC Construction: +6.4%
    +3.9% Q1'26: +4.3% (vs Q1'25)
  • Share dilution Construction: +0.4%
    +10.8% Q1'26: +2.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Construction: 0.05×
    3.34× Q1'26: 3.69× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.21) × ERP
WACC = 76% × Ke + 24% × Kd (6.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5.21 Current price: 24.69
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
1.66B
est: 1.67B (-0.4%)
1.30B
est: 1.39B (-5.9%)
1.14B
est: 1.15B (-0.6%)
1.03B
est: 1.07B (-4.0%)
1.24B
est: 1.20B (+2.6%)
1.52B
est: 1.56B (-3.0%)
1.53B
est: 1.57B (-2.5%)
1.48B
est: 1.48B (+0.1%)
1.31B
est: 1.31B (+0.0%)
1.35B
est: 1.35B (0.0%)
1.49B
est: 1.40B (+6.7%)
1.58B
1.58B – 1.58B
+13.2% YoY
1.68B
1.68B – 1.68B
+6.5% YoY
1.80B
1.80B – 1.80B
+7.0% YoY
EBITDA
474.74M
est: 247.05M (+92.2%)
51.53M
est: 205.58M (-74.9%)
-56.64M
est: 170.12M (-133.3%)
-163.41M
est: 158.86M (-202.9%)
205.40M
est: 178.69M (+14.9%)
274.14M
est: 231.91M (+18.2%)
410.04M
est: 233.54M (+75.6%)
351.11M
est: 220.19M (+59.5%)
-33.67M
est: 192.48M (-117.5%)
112.01M
est: 197.48M (-43.3%)
254.72M
est: 204.51M (+24.6%)
231.44M
231.44M – 231.44M
+13.2% YoY
246.52M
246.52M – 246.52M
+6.5% YoY
263.80M
263.80M – 263.80M
+7.0% YoY
EBIT
307.81M
est: 91.02M (+238.2%)
51.53M
est: 75.74M (-32.0%)
-56.64M
est: 62.68M (-190.4%)
-163.41M
est: 58.53M (-379.2%)
72.08M
est: 65.83M (+9.5%)
141.76M
est: 85.44M (+65.9%)
279.58M
est: 86.04M (+224.9%)
219.55M
est: 81.12M (+170.6%)
-173.08M
est: 63.81M (-371.3%)
-25.03M
est: 65.46M (-138.2%)
93.62M
est: 67.79M (+38.1%)
76.72M
76.72M – 76.72M
+13.2% YoY
81.72M
81.72M – 81.72M
+6.5% YoY
87.45M
87.45M – 87.45M
+7.0% YoY
Net Income
283.82M
est: 276.55M (+2.6%)
20.18M
est: 120.99M (-83.3%)
-97.05M
est: 2.48M (-4,016.2%)
-220.60M
est: -115.17M (-91.5%)
7.15M
est: -39.74M (+118.0%)
77.70M
est: 74.62M (+4.1%)
233.79M
est: 227.10M (+2.9%)
173.92M
est: 150.68M (+15.4%)
-210.35M
est: -253.37M (+17.0%)
-71.86M
est: 16.97M (-523.4%)
180.69M
est: 28.95M (+524.1%)
61.89M
61.89M – 61.89M
+113.8% YoY
79.86M
79.86M – 79.86M
+29.0% YoY
99.83M
99.83M – 99.83M
+25.0% YoY
SGA
112.59M
est: 106.98M (+5.2%)
89.79M
est: 89.02M (+0.9%)
est: 73.67M (-100.0%)
est: 68.79M (-100.0%)
93.84M
est: 77.38M (+21.3%)
97.10M
est: 100.42M (-3.3%)
89.59M
est: 101.13M (-11.4%)
88.43M
est: 95.35M (-7.3%)
82.82M
est: 86.66M (-4.4%)
102.90M
est: 88.91M (+15.7%)
107.81M
est: 92.07M (+17.1%)
104.20M
104.20M – 104.20M
+13.2% YoY
110.99M
110.99M – 110.99M
+6.5% YoY
118.77M
118.77M – 118.77M
+7.0% YoY
EPS
3.55
est: 3.07 (+15.7%)
0.25
est: 1.34 (-81.4%)
-1.21
est: 0.03 (-4,500.0%)
-2.76
est: -1.28 (-116.0%)
4.62
est: -0.44 (+1,147.6%)
0.98
est: 0.83 (+18.4%)
2.93
est: 2.52 (+16.3%)
2.18
est: 1.67 (+30.4%)
-2.33
est: -2.54 (+8.2%)
-0.80
est: 0.17 (-570.6%)
1.81
est: 0.29 (+524.1%)
0.62
0.62 – 0.62
+113.8% YoY
0.80
0.80 – 0.80
+29.0% YoY
1.00
1.00 – 1.00
+25.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-21 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-20 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-19 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-18 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-17 C 2/5 3/5 1/5 1/5 1/5 3/5 1/5
2026-05-14 A- 4/5 3/5 4/5 5/5 2/5 3/5 3/5
2026-05-13 A- 4/5 3/5 4/5 5/5 2/5 3/5 3/5
2026-05-12 A- 4/5 3/5 4/5 5/5 2/5 3/5 3/5
2026-05-11 A- 4/5 3/5 4/5 5/5 2/5 3/5 3/5
2026-05-10 A- 4/5 3/5 4/5 5/5 2/5 3/5 3/5
2026-05-07 A- 4/5 3/5 4/5 5/5 2/5 3/5 3/5
2026-05-06 A- 4/5 3/5 4/5 5/5 2/5 3/5 3/5
2026-05-05 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-05-04 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-05-03 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-04-30 A- 4/5 3/5 4/5 5/5 2/5 4/5 3/5
2026-04-29 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-28 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-27 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-26 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-23 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-22 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-21 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-20 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-19 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5
2026-04-16 B+ 3/5 3/5 4/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
203.21M
OE per share TTM
2.29
Owner's Yield
7.29%
Maintenance CapEx ratio
162.40%
Maint CapEx / Avg PPE
118.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 47 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI Saudi Arabia ETF KSA 0.14% 910.1K 0.75%
2 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.03% 106.0K 0.72%
3 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.02% 76.9K 0.74%
4 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.02% 20.9K 0.42%
5 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.01% 84.6K 0.55%
6 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.01% 1.30M 0.06%
7 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.01% 23.4K 0.56%
8 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.01% 600.0K 0.39%
9 Dimensional - Emerging Markets Value ETF DFEV 0.00% 82.1K 0.46%
10 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 352.9K 0.29%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
26.2K
Shares Outstanding
99.68M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Azzam Al-Madhihim Chief Executive Officer & Director 333.0K
Adel Bin Mohammed Al-Omran Chief Manufacturing Operations Officer
Hassan Bin Raja Al-Numeis Chief Sales Officer
Mohamed Shaaban Chief Financial Officer
Yazeed Bin Khalid Al-Murshood Chief Information Technology Officer
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits