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National Industrialization Company (2060.SR)

SAR9.22 +0.05 (+0.55%)
SA SAU Basic Materials Chemicals
Address The Business Gate, Building No. C3 11496
Riyadh, Riyadh Province, SA
CEO Fawaz bin Mohammed Al-Fawaz
Website tasnee.com
IPO 2010-03-04
ISIN SA0007879170

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Description

National Industrialization Company (NIC), established in Riyadh, Kingdom of Saudi Arabia, in 1985, is a diversified global conglomerate. The company is actively involved across several key industrial sectors, including chemicals, petrochemicals, plastics, engineering, and metals. Its operations are structured into three primary segments: Chemicals, Petrochemicals, and Downstream & Others. NIC's extensive product portfolio encompasses a wide array of chemicals and petrochemicals such as titanium dioxide, ethylene, polyethylene, propylene, polypropylene, butyl acrylate, acrylic acid, super absorbent polymers, and butanol. In the metals and plastics domains, it manufactures titanium sponges, plastic sheets, and other various plastic goods. Furthermore, the company specializes in producing diverse steel products, including towed steel wires, spring wires, and specialized steel wires for cables, electrical conductors, concrete reinforcement, and welding applications. It also produces and markets liquid batteries for automotive and industrial uses, alongside lead and sodium sulphate. Beyond manufacturing, NIC offers a broad spectrum of services. These include technical industrial support, the production of steel and non-steel castings, and undertaking technical tests for a range of industrial facilities, from chemical, petrochemical, and metal plants to water desalination and electricity generation units. The company also plays a role in establishing various plastic industries. Its service offerings extend to mechanical equipment and industrial instrument inspection, quality management, environmental system oversight, academic training, IT consultancy, and laboratory testing. Additionally, NIC is engaged in recycling used and damaged batteries, lead, plastics, industrial materials, and environmental waste. It produces and markets acrylic boards, chemical, petrochemical, and plastic items, plastic pallets, pipes, agri-films, and wastewater treatment solutions, as well as industrial dyes and paints.

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
SAR9.22 +0.05 (+0.55%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.14
Float Shares
622.85M
Free Float %
93.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.20% +3.18% -1.18% +8.99% -9.86% +9.11% +4.90% -28.85% -46.83% -20.54% -52.91%
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
9.22
DCF (Unlevered) 68.65 +644.6%
DCF (Levered) 12.77 +38.5%

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) 25% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 0 0
Hold 2 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-0.43
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals: +4.0%
    -36.2% Q1'26: -42.6% (vs Q1'25)
  • EPS growth Chemicals: +11.7%
    -1,860.0% Q1'26: -138.1% (vs Q1'25)
  • FCF margin FCF growth · Chemicals: +41.7%
    -41.0% Q1'26: +3.0% (vs Q1'25)
  • EBIT margin Chemicals: +7.1%
    -13.7% Q1'26: -86.9% (vs Q1'25)
  • ROIC Chemicals: +3.4%
    -2.5%
  • Share dilution Chemicals: +0.0%
    0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals: 0.55×
    1,673.46× Q1'26: -3.21× (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 (0.17) × ERP
WACC = 55% × Ke + 45% × Kd (6.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 68.65 Current price: 9.22
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
2 Rev. Ana.
1 EPS Ana.
Dec 2027
2 Rev. Ana.
2 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
15.15B
est: 15.43B (-1.9%)
15.20B
est: 14.37B (+5.8%)
10.80B
est: 10.78B (+0.2%)
11.44B
est: 11.65B (-1.8%)
3.02B
est: 3.56B (-15.2%)
2.27B
est: 2.48B (-8.5%)
3.67B
est: 3.47B (+5.8%)
3.88B
est: 3.81B (+1.9%)
3.57B
est: 3.56B (+0.3%)
3.90B
est: 3.82B (+2.1%)
2.49B
est: 3.37B (-26.1%)
3.14B
2.88B – 3.40B
-6.9% YoY
3.26B
2.67B – 3.75B
+4.0% YoY
3.33B
2.88B – 3.72B
+2.1% YoY
EBITDA
1.15B
est: 4.92B (-76.7%)
366.19M
est: 4.58B (-92.0%)
1.36B
est: 3.43B (-60.3%)
412.61M
est: 3.71B (-88.9%)
106.32M
est: 1.13B (-90.6%)
-145.46M
est: 790.52M (-118.4%)
2.67B
est: 1.11B (+141.5%)
1.88B
est: 1.21B (+55.2%)
1.02B
est: 1.18B (-13.9%)
623.60M
est: 1.27B (-50.8%)
3.30M
est: 1.12B (-99.7%)
1.04B
953.44M – 1.13B
-6.9% YoY
1.08B
885.55M – 1.24B
+4.0% YoY
1.10B
954.77M – 1.23B
+2.1% YoY
EBIT
-682.56M
est: 3.73B (-118.3%)
911.79M
est: 3.48B (-73.8%)
1.85B
est: 2.61B (-28.9%)
1.21B
est: 2.82B (-57.2%)
-286.23M
est: 861.27M (-133.2%)
-237.80M
est: 600.49M (-139.6%)
2.40B
est: 840.28M (+185.5%)
1.65B
est: 921.65M (+79.2%)
789.47M
est: 890.20M (-11.3%)
343.01M
est: 955.76M (-64.1%)
-339.85M
est: 843.20M (-140.3%)
784.85M
719.46M – 850.25M
-6.9% YoY
815.88M
668.23M – 938.07M
+4.0% YoY
833.02M
720.46M – 931.79M
+2.1% YoY
Net Income
-1.42B
est: -837.05M (-70.0%)
208.25M
est: 251.96M (-17.3%)
716.16M
est: 622.09M (+15.1%)
1.20B
est: 1.30B (-7.8%)
-690.88M
est: 458.40M (-250.7%)
-448.30M
est: -151.62M (-195.7%)
2.05B
est: 1.40B (+46.9%)
1.09B
est: 925.33M (+17.3%)
174.57M
est: 41.86M (+317.0%)
102.80M
est: 173.09M (-40.6%)
-1.77B
est: 135.50M (-1,402.8%)
-54.42M
-63.49M – -45.34M
-140.2% YoY
92.11M
91.47M – 92.75M
+269.3% YoY
243.83M
201.00M – 281.42M
+164.7% YoY
SGA
1.14B
est: 1.15B (-0.8%)
837.94M
est: 1.07B (-21.7%)
815.50M
est: 803.26M (+1.5%)
900.01M
est: 868.38M (+3.6%)
344.26M
est: 265.27M (+29.8%)
321.48M
est: 184.95M (+73.8%)
254.02M
est: 258.80M (-1.8%)
187.70M
est: 283.86M (-33.9%)
196.76M
est: 236.22M (-16.7%)
228.02M
est: 253.61M (-10.1%)
251.06M
est: 223.74M (+12.2%)
208.26M
190.91M – 225.61M
-6.9% YoY
216.49M
177.31M – 248.92M
+4.0% YoY
221.04M
191.17M – 247.25M
+2.1% YoY
EPS
-2.13
est: -1.25 (-70.2%)
0.15
est: 0.38 (-60.2%)
1.07
est: 0.93 (+15.1%)
1.80
est: 1.95 (-7.7%)
-1.03
est: 0.69 (-250.3%)
-0.67
est: -0.23 (-195.6%)
3.07
est: 2.09 (+46.9%)
1.62
est: 1.38 (+17.1%)
0.26
est: 0.06 (+315.5%)
0.15
est: 0.26 (-42.7%)
-2.64
est: 0.20 (-1,388.8%)
-0.08
-0.09 – -0.07
-140.2% YoY
0.14
0.14 – 0.14
+267.5% YoY
0.36
0.30 – 0.42
+164.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-10 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-05-03 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-26 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-19 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-2.60B
OE per share TTM
-3.89
Owner's Yield
-38.56%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
144.0%

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 56 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI Saudi Arabia ETF KSA 0.27% 1.79M 0.75%
2 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.07% 418.3K 0.55%
3 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.06% 77.4K 0.42%
4 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.05% 181.4K 0.72%
5 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.04% 143.7K 0.74%
6 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.02% 64.1K 0.56%
7 Avantis Emerging Markets ex-China Equity ETF AVXC 0.01% 59.7K 0.33%
8 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.01% 1.23M 0.39%
9 Vanguard Emerging Markets Ex-China ETF VEXC 0.01% 25.5K 0.07%
10 Vanguard FTSE Emerging Markets UCITS ETF (USD) Distributing VDEM.L 0.01% 508.0K 0.17%

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
-232.3K
Shares Outstanding
668.91M

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
Mutlaq bin Hamad Al-Morished Executive Director 471.0K male
Fadi Bin Mohamed Saeed Trabzuni Executive Vice President of Metallurgy Sector
Fawaz Mohammed Al-Fawaz Chief Executive Officer, Executive Vice President of Finance & Acting Executive VP of Support Functions male
Khalid A. Al Khater Vice President of Manufacturing
Saeed A. Al-Ajrafi Vice President of Downstream
Sulaiman Al Khattaf Vice President of Technology, Innovation & SBU Petrochemicals male
Yasser F. Al Daajani Vice President of Commercial & Business
Emad Al Haji Chief Financial Officer male
Zekeriyya Gemici Executive Vice President of Strategy & Growth
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