Ratings ADES Holding Company

Equities

2382

SA55SG6H5716

Oil & Gas Drilling

Market Closed - Saudi Arabian S.E. Other stock markets 07:20:00 2024-12-11 EST			5-day change	1st Jan Change
17.94 ^SAR	-1.10%		-0.33%	-25.25%

01:33pm	JP Morgan Lowers Ades Holding's PT, Keeps at Underweight	MT
11-26	HSBC Lowers Ades Holding's PT, Keeps at Hold	MT

Summary: ADES Holding Company

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Highlights: ADES Holding Company

Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
The group's high margin levels account for strong profits.
Sales forecast by analysts have been recently revised upwards.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.

Weaknesses: ADES Holding Company

The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
With an enterprise value anticipated at 13.85 times the sales for the current fiscal year, the company turns out to be overvalued.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
The valuation of the company is particularly high given the cash flows generated by its activity.
The average consensus view of analysts covering the stock has deteriorated over the past four months.

Ratings Chart: ADES Holding Company

Source: Surperformance

Sector Comparison:

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Composite Fundamentals	Composite Valuation	Composite Momentum	Capi. ($)
	ADES HOLDING COMPANY				5.31B
	ADNOC DRILLING COMPANY				24.6B
	CHINA OILFIELD SERVICES LIMITED				7.64B
	NOBLE CORPORATION PLC				5.22B
	SINOPEC OILFIELD SERVICE CORPORATION				4.61B
	TRANSOCEAN LTD.				3.49B
	HELMERICH & PAYNE, INC.				3.35B
	VALARIS LIMITED				3.22B
	PATTERSON-UTI ENERGY, INC.				3.06B
	ARABIAN DRILLING COMPANY				2.81B
	Average				6.33B
	Weighted average by Cap.

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ESG Refinitiv

Financials

Sales growth

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7 days Revenue revision

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12m Revision of opinion

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