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Ades Holding Co. (2382.SR)

SAR18.67 -0.17 (-0.90%)
AE SAU Energy Oil & Gas Drilling
Address Al Zamil House 2203
Al Khobar, AE
CEO Mohamed Farouk Mohamed Abdul Majeed Abdul Khaleq
IPO 2023-10-11
ISIN SA55SG6H5716

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Description

ADES Holding Company, through its various subsidiaries, specializes in providing a comprehensive suite of oil and gas drilling and production services throughout the Middle East and Asia. The company's core operations are divided into offshore and onshore segments. For its offshore clients, ADES offers drilling, well maintenance, and mobile offshore production unit (MOPU) production capabilities, supplemented by shipboard support services such as accommodation and catering. On the onshore front, the company delivers drilling, general maintenance, and extensive repair services. Founded in 2016, ADES Holding Company maintains its headquarters in Al Khobar, United Arab Emirates.

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
SAR18.67 -0.17 (-0.90%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
0.66
Float Shares
340.74M
Free Float %
30.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +0.00% +0.41% +13.76% +17.77% +12.84% +45.99% +12.20% +12.20% +12.20% +12.20%
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
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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
18.67
Ratings Trend (MoM) 69% Bullish
Rating 2026-05 Change
Strong Buy 3 0
Buy 6 0
Hold 2 0
Sell 1 0
Strong Sell 1 0
Quality scores
Altman Z-Score
1.12
Distress
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Operational MOAT
✗ Below peers
  • Revenue growth Oil & Gas Drilling: +3.0%
    +7.9% Q1'26: +62.6% (vs Q1'25)
  • EPS growth Oil & Gas Drilling: +11.2%
    +1.4% Q1'26: +16.7% (vs Q1'25)
  • FCF margin FCF growth · Oil & Gas Drilling: +61.3%
    +8.6% Q1'26: +11.9% (vs Q1'25)
  • EBIT margin Oil & Gas Drilling: +8.6%
    +29.6% Q1'26: +27.7% (vs Q1'25)
  • ROIC Oil & Gas Drilling: +4.0%
    +6.3% Q1'26: +8.5% (vs Q1'25)
  • Share dilution Oil & Gas Drilling: +0.0%
    +0.4% Q1'26: +0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Oil & Gas Drilling: 1.42×
    5.88× Q1'26: 4.50× (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 (0.71) × ERP
WACC = 51% × Ke + 49% × Kd (4.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 18.67
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 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
5 Rev. Ana.
5 EPS Ana.
Dec 2027
12 Rev. Ana.
9 EPS Ana.
Dec 2028
6 Rev. Ana.
4 EPS Ana.
Dec 2029
11 Rev. Ana.
3 EPS Ana.
Dec 2030
6 Rev. Ana.
3 EPS Ana.
Revenue
4.33B
est: 4.42B (-2.1%)
6.20B
est: 6.16B (+0.6%)
6.69B
est: 6.67B (+0.3%)
9.73B
9.05B – 10.05B
+45.9% YoY
10.53B
6.70B – 11.36B
+8.3% YoY
10.84B
8.44B – 11.46B
+2.9% YoY
11.38B
8.86B – 12.03B
+5.0% YoY
11.59B
9.02B – 12.25B
+1.8% YoY
EBITDA
2.08B
est: 2.01B (+3.5%)
3.05B
est: 3.00B (+1.7%)
3.53B
est: 3.25B (+8.5%)
4.74B
4.41B – 4.89B
+45.9% YoY
5.13B
3.26B – 5.54B
+8.3% YoY
5.28B
4.11B – 5.58B
+2.9% YoY
5.55B
4.32B – 5.86B
+5.0% YoY
5.65B
4.39B – 5.97B
+1.8% YoY
EBIT
1.28B
est: 1.24B (+3.7%)
1.78B
est: 1.81B (-1.5%)
1.98B
est: 1.96B (+0.9%)
2.86B
2.66B – 2.95B
+45.9% YoY
3.10B
1.97B – 3.34B
+8.3% YoY
3.19B
2.48B – 3.37B
+2.9% YoY
3.35B
2.61B – 3.54B
+5.0% YoY
3.41B
2.65B – 3.60B
+1.8% YoY
Net Income
442.10M
est: 407.59M (+8.5%)
802.50M
est: 849.89M (-5.6%)
818.02M
est: 785.68M (+4.1%)
1.03B
940.73M – 1.12B
+30.6% YoY
1.42B
1.08B – 1.69B
+38.3% YoY
1.66B
1.18B – 1.78B
+17.1% YoY
1.85B
1.32B – 1.99B
+11.6% YoY
1.97B
1.40B – 2.12B
+6.4% YoY
SGA
412.77M
est: 584.62M (-29.4%)
114.29M
est: 773.12M (-85.2%)
488.26M
est: 836.59M (-41.6%)
1.22B
1.14B – 1.26B
+45.9% YoY
1.32B
840.35M – 1.43B
+8.3% YoY
1.36B
1.06B – 1.44B
+2.9% YoY
1.43B
1.11B – 1.51B
+5.0% YoY
1.45B
1.13B – 1.54B
+1.8% YoY
EPS
0.40
est: 0.37 (+7.7%)
0.73
est: 0.77 (-5.4%)
0.74
est: 0.71 (+3.7%)
0.93
0.85 – 1.01
+30.6% YoY
1.29
0.98 – 1.53
+38.3% YoY
1.51
1.07 – 1.62
+17.1% YoY
1.68
1.20 – 1.81
+11.6% YoY
1.79
1.27 – 1.92
+6.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-21 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-20 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-19 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-18 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-17 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-14 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-13 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-12 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-11 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-10 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-07 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-06 C+ 2/5 1/5 4/5 3/5 1/5 2/5 2/5
2026-05-05 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-05-04 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-05-03 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-04-30 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-04-29 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-04-28 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-04-27 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-04-26 B- 2/5 1/5 4/5 4/5 1/5 2/5 2/5
2026-04-23 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-22 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-21 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-20 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-19 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-16 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5
2026-04-15 B- 3/5 1/5 4/5 5/5 1/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
5.92B
OE per share TTM
5.36
Owner's Yield
27.23%
Maintenance CapEx ratio
1,201.25%
Maint CapEx / Avg PPE
348.0%

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.

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
654.4K
Shares Outstanding
1.10B

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
Mohamed Farouk Mohamed Abdul Majeed Abdul Khaleq Vice Chairman, MD & Chief Executive Officer 216.0K
Mohamed Farouk Md. Abdul Majeed Abdul Khaleq Vice Chairman, MD & Chief Executive Officer 216.0K
Hussein Mohammed Abdul Salam Hassan Badawy Chief Financial Officer male
Manoj Ganesh Parmesh Chief People Officer male
Mehdi Hamel Vice President of QHSSE & Sustainability male
Mohamed Khalil Vice President of Operations male
Mohammed Saad Khalil Al Sira Vice President of Asset Management male
Montaser Mohamed Samy Abdulrahman Naguib Chief Operations Officer male
Morcos William Faltaous Ekladious General Counsel & Company Secretary male
Ahmed Mohamed Abdel Hadi Othman Chief Commercial & Strategy Officer male
Wissam Hamed Morsi Ibrahim Al Adani Chief Information Technology Officer male
Ammar Abbas Vice Chairman of Supply Chain Management male
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