Saudi Ground Services Company (4031.SR)
Jeddah, Makkah Province, SA
Saudi Ground Services Company (SGS) delivers a comprehensive range of essential ground handling and support services to airlines and passengers across the Kingdom of Saudi Arabia. Its extensive offerings include diverse passenger services such as efficient station management, gate operations, specialized assistance for passengers with reduced mobility, VIP and deportee handling, enhanced security protocols, flight operations coordination, seamless arrival and transfer processes, check-in, passenger manifest and seat allocation, management of excess baggage, and the issuance of boarding passes and baggage tags, along with critical load control and crew handling. SGS is also responsible for meticulous baggage handling, encompassing assembly, sorting, reconciliation, transportation, and the operation of baggage reconciliation systems, in addition to loading and unloading services. The company provides vital ramp operations, including aircraft turnaround coordination, ground-to-cockpit communication, marshaling, supervision of aircraft loading, provision of ground power and air conditioning units, push-back procedures, unit load device control, air starter units, aircraft towing, and wing-walker services. Furthermore, SGS offers specialized cargo services, comprehensive fleet solutions like cabin grooming, deep cleaning, and disinfection, alongside turnaround cleaning and water/toilet servicing. It manages traffic control and intricate load control activities, which involve detailed load planning, precise aircraft weight and balance calculations, messaging, telecommunications, and the issuance of loading instruction reports and captain notifications. The company also extends representation and supervision services. Established in 2008 and headquartered in Jeddah, Saudi Arabia, Saudi Ground Services Company oversees operations at 28 airports nationwide and operates as a subsidiary of the Saudi Arabian Airlines Corporation.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +0.00% | +0.00% | -1.07% | +3.09% | -20.71% | -13.72% | -32.86% | -1.97% | -15.35% | -32.70% | -43.05% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | -1 |
| Buy | 2 | +1 |
| Hold | 2 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
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Revenue growth Airlines, Airports & Air Services: +6.5%+1.7% Q1'26: +0.1% (vs Q1'25)
-
EPS growth Airlines, Airports & Air Services: +12.5%+23.6% ★ Q1'26: -38.5% (vs Q1'25)
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FCF margin FCF growth · Airlines, Airports & Air Services: -2.8%+11.7% ★ Q1'26: +25.2% (vs Q1'25)
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EBIT margin Airlines, Airports & Air Services: +10.3%+10.5% ★ Q1'26: +2.3% (vs Q1'25)
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ROIC Airlines, Airports & Air Services: +6.0%+13.6% ★ Q1'26: +3.3% (vs Q1'25)
-
Share dilution Airlines, Airports & Air Services: +0.0%+0.0% Q1'26: +0.5% (vs Q1'25)
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Debt / EBITDA Net debt/EBITDA · Airlines, Airports & Air Services: 1.43×0.36× ★ Q1'26: 0.70× (vs Q1'25)
* 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.
| 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 3 Rev. Ana. 1 EPS Ana. |
Dec 2027 2 Rev. Ana. 2 EPS Ana. |
Dec 2028 2 Rev. Ana. 2 EPS Ana. |
Dec 2029 1 Rev. Ana. 1 EPS Ana. |
Dec 2030 1 Rev. Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
2.54B
est: 2.52B (+1.0%)
|
2.73B
est: 2.81B (-3.0%)
|
2.59B
est: 2.89B (-10.6%)
|
2.55B
est: 2.58B (-1.0%)
|
2.54B
est: 2.52B (+0.8%)
|
1.25B
est: 1.25B (0.0%)
|
1.61B
est: 1.97B (-18.3%)
|
1.98B
est: 1.93B (+2.6%)
|
2.46B
est: 2.61B (-5.7%)
|
2.68B
est: 2.67B (+0.4%)
|
2.73B
est: 2.75B (-0.9%)
|
2.69B
2.47B – 2.99B
-2.5% YoY
|
2.95B
2.88B – 3.03B
+10.0% YoY
|
3.26B
3.09B – 3.48B
+10.3% YoY
|
3.59B
3.40B – 3.83B
+10.2% YoY
|
4.08B
3.87B – 4.36B
+13.8% YoY
|
| EBITDA |
745.11M
est: 128.72M (+478.9%)
|
795.06M
est: 143.76M (+453.0%)
|
616.44M
est: 147.96M (+316.6%)
|
530.29M
est: 131.95M (+301.9%)
|
667.36M
est: 128.87M (+417.8%)
|
-220.14M
est: 64.05M (-443.7%)
|
20.41M
est: 100.68M (-79.7%)
|
115.58M
est: 98.54M (+17.3%)
|
483.12M
est: 912.37M (-47.0%)
|
440.21M
est: 935.37M (-52.9%)
|
476.63M
est: 963.59M (-50.5%)
|
939.57M
865.03M – 1.04B
-2.5% YoY
|
1.03B
1.01B – 1.06B
+10.0% YoY
|
1.14B
1.08B – 1.22B
+10.3% YoY
|
1.26B
1.19B – 1.34B
+10.2% YoY
|
1.43B
1.35B – 1.52B
+13.8% YoY
|
| EBIT |
595.63M
est: -110.94M (+636.9%)
|
704.47M
est: -123.91M (+668.5%)
|
622.27M
est: -127.52M (+588.0%)
|
371.16M
est: -113.73M (+426.3%)
|
461.46M
est: -111.08M (+515.4%)
|
-417.02M
est: -55.21M (-655.4%)
|
-188.07M
est: -86.78M (-116.7%)
|
-47.06M
est: -84.93M (+44.6%)
|
300.59M
est: 839.85M (-64.2%)
|
313.38M
est: 861.02M (-63.6%)
|
285.88M
est: 887.00M (-67.8%)
|
864.89M
796.28M – 961.37M
-2.5% YoY
|
951.18M
927.68M – 974.69M
+10.0% YoY
|
1.05B
995.04M – 1.12B
+10.3% YoY
|
1.16B
1.10B – 1.23B
+10.2% YoY
|
1.31B
1.25B – 1.40B
+13.8% YoY
|
| Net Income |
621.07M
est: 620.40M (+0.1%)
|
685.83M
est: 783.96M (-12.5%)
|
501.50M
est: 765.75M (-34.5%)
|
368.43M
est: 412.82M (-10.8%)
|
423.35M
est: 412.66M (+2.6%)
|
-454.30M
est: -454.96M (+0.1%)
|
-254.41M
est: 52.48M (-584.8%)
|
-244.49M
est: -86.42M (-182.9%)
|
211.48M
est: 271.10M (-22.0%)
|
327.03M
est: 308.32M (+6.1%)
|
404.71M
est: 410.25M (-1.4%)
|
331.43M
306.09M – 356.77M
-19.2% YoY
|
428.50M
417.36M – 439.92M
+29.3% YoY
|
501.02M
500.08M – 501.96M
+16.9% YoY
|
554.60M
517.46M – 603.13M
+10.7% YoY
|
—
— – —
-100.0% YoY
|
| SGA |
183.61M
est: 206.27M (-11.0%)
|
216.76M
est: 230.37M (-5.9%)
|
351.63M
est: 237.10M (+48.3%)
|
85.82M
est: 211.45M (-59.4%)
|
58.71M
est: 206.52M (-71.6%)
|
88.03M
est: 102.64M (-14.2%)
|
111.38M
est: 161.34M (-31.0%)
|
79.90M
est: 157.90M (-49.4%)
|
232.07M
est: 225.58M (+2.9%)
|
363.75M
est: 231.27M (+57.3%)
|
253.45M
est: 238.25M (+6.4%)
|
232.31M
213.88M – 258.22M
-2.5% YoY
|
255.49M
249.17M – 261.80M
+10.0% YoY
|
281.78M
267.27M – 300.75M
+10.3% YoY
|
310.41M
294.42M – 331.30M
+10.2% YoY
|
353.13M
334.94M – 376.90M
+13.8% YoY
|
| EPS |
3.30
est: 3.30 (+0.0%)
|
3.65
est: 4.17 (-12.5%)
|
2.67
est: 4.07 (-34.4%)
|
1.96
est: 2.20 (-10.7%)
|
2.25
est: 2.20 (+2.5%)
|
-2.42
est: -2.42 (+0.0%)
|
-1.35
est: 0.28 (-583.6%)
|
-1.30
est: -0.46 (-182.6%)
|
1.12
est: 1.44 (-22.3%)
|
1.74
est: 1.62 (+7.2%)
|
2.15
est: 2.16 (-0.5%)
|
1.75
1.63 – 1.90
-19.2% YoY
|
2.28
2.22 – 2.34
+30.7% YoY
|
2.67
2.66 – 2.67
+16.9% YoY
|
2.95
2.75 – 3.21
+10.7% YoY
|
—
— – —
-100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-21 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-20 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-19 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-18 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-17 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-14 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-13 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-12 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-11 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-10 | C- | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 | 1/5 |
| 2026-05-07 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-06 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-05 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-04 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-03 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-04-30 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 |
| 2026-04-29 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-28 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-27 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-26 | B+ | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 3/5 |
| 2026-04-23 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-22 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-21 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-20 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-19 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-16 | B | 3/5 | 1/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares MSCI Saudi Arabia ETF KSA | 0.24% | 1.59M | 0.75% |
| 2 | State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L | 0.07% | 429.1K | 0.55% |
| 3 | iShares MSCI Emerging Markets Small-Cap ETF EEMS | 0.05% | 174.4K | 0.72% |
| 4 | iShares MSCI EM Small Cap UCITS ETF IEMS.L | 0.04% | 141.0K | 0.74% |
| 5 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.03% | 40.3K | 0.42% |
| 6 | Invesco FTSE All-World UCITS ETF FWRA.SW | 0.03% | 1.42M | 0.15% |
| 7 | Invesco FTSE All-World UCITS ETF FTWG.L | 0.03% | 1.42M | 0.15% |
| 8 | State Street SPDR Morningstar Multi-Asset Global Infrastructure UCITS ETF (Dist) MAGI.L | 0.01% | 114.3K | 0.40% |
| 9 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.01% | 33.2K | 0.56% |
| 10 | FlexShares Morningstar Emerging Markets Factor Tilt Index Fund TLTE | 0.01% | 33.5K | 0.58% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Ahmed Jannah | General Manager of Marketing & Sales | — | male |
| Ahmed Mohammed AlZahri | Acting Vice President of Human Resources | — | male |
| Ayman Al Tawil | General Manager of Corporate Governance & Compliance | — | male |
| Mazen Gharib Dhaifallah | Vice President of Corporate Affairs & Secretary of the Board | — | male |
| Mohammad Bin Abdul Karim Mazi | Chief Executive Officer | — | male |
| Mohammed Al-Amoudi | Acting Chief Financial Officer | — | male |
| Mohammed Bakhribah | Acting General Manager of Legal | — | male |
| Moteb Saud Al-Zahrani | Chief Executive Officer Consultant | — | male |
| Omar Alamoudi | Vice President of Operations | — | male |
| Sultan Darwish | Executive Vice President of Strategy, Transformation & Growth | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for 4031.SR
Short-term intention
Target Price Distribution
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