Stock 1211 SAUDI ARABIAN MINING COMPANY (MA'ADEN)
Add to a list
To use this feature you must be a member
Log inSign up

Financials Saudi Arabian Mining Company (Ma'aden)

Equities

1211

SA123GA0ITH7

Diversified Mining

End-of-day quote Saudi Arabian S.E.
Other stock markets
 18:00:00 2024-04-29 EDT 		5-day change 1st Jan Change
50.6 SAR -2.13% Intraday chart for Saudi Arabian Mining Company (Ma'aden) -5.42% +4.22%
05-01 Ma’aden JV Finalizes Purchase of Minority Stake in Vale Base Metals MT
05-01 Vale concludes sale of 10% of base metals unit to Manara Minerals RE

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 54,638 49,839 96,601 159,238 179,236 185,602 - -
Enterprise Value (EV) 1 98,953 92,854 135,811 185,900 202,707 209,515 207,038 205,357
P/E ratio -71.6 x -238 x 18.5 x 17.1 x 113 x 61.4 x 41.6 x 36.9 x
Yield - - - - - - - -
Capitalization / Revenue 3.08 x 2.68 x 3.61 x 3.95 x 6.12 x 6.07 x 5.57 x 5.22 x
EV / Revenue 5.58 x 5 x 5.07 x 4.62 x 6.92 x 6.85 x 6.21 x 5.78 x
EV / EBITDA 17.9 x 16.5 x 11.3 x 10 x 19.9 x 19.7 x 16.4 x 14.9 x
EV / FCF 295 x -197 x 27.3 x 13.9 x 53.8 x 102 x 43.5 x 35.6 x
FCF Yield 0.34% -0.51% 3.66% 7.22% 1.86% 0.98% 2.3% 2.81%
Price to Book 1.71 x 1.65 x 2.71 x 1.77 x 3.86 x 3.73 x 3.43 x 3.12 x
Nbr of stocks (in thousands) 3,691,773 3,691,773 3,691,773 3,691,773 3,691,773 3,689,896 - -
Reference price 2 14.80 13.50 26.17 43.13 48.55 50.30 50.30 50.30
Announcement Date 20-02-02 21-02-03 22-02-27 23-02-12 24-02-26 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 17,736 18,580 26,769 40,277 29,272 30,572 33,348 35,529
EBITDA 1 5,522 5,632 11,985 18,550 10,193 10,647 12,630 13,739
EBIT 1 885.6 810.6 7,414 13,537 3,816 5,558 7,318 7,948
Operating Margin 4.99% 4.36% 27.69% 33.61% 13.04% 18.18% 21.94% 22.37%
Earnings before Tax (EBT) 1 -1,111 -694.9 5,671 13,018 2,592 4,748 6,255 7,274
Net income 1 -739.5 -209 5,228 9,319 1,577 2,950 4,710 5,462
Net margin -4.17% -1.12% 19.53% 23.14% 5.39% 9.65% 14.12% 15.37%
EPS 2 -0.2067 -0.0567 1.417 2.527 0.4300 0.8188 1.208 1.362
Free Cash Flow 1 335 -472.1 4,969 13,416 3,770 2,046 4,760 5,775
FCF margin 1.89% -2.54% 18.56% 33.31% 12.88% 6.69% 14.28% 16.25%
FCF Conversion (EBITDA) 6.07% - 41.46% 72.32% 36.99% 19.22% 37.69% 42.03%
FCF Conversion (Net income) - - 95.05% 143.96% 239.06% 69.35% 101.07% 105.74%
Dividend per Share 2 - - - - - - - -
Announcement Date 20-02-02 21-02-03 22-02-27 23-02-12 24-02-26 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 6,699 8,519 8,914 11,876 10,014 9,472 8,045 6,966 6,226 8,035 7,719 7,509 7,676 7,604
EBITDA 1 - - 4,404 - 4,067 4,321 2,174 2,119 1,813 3,227 1,984 2,035 2,364 2,684
EBIT 1 1,873 2,882 - 5,554 2,954 1,767 930.2 843.4 212 1,831 920.1 966.1 1,295 1,611
Operating Margin 27.96% 33.82% - 46.76% 29.49% 18.65% 11.56% 12.11% 3.41% 22.78% 11.92% 12.87% 16.88% 21.19%
Earnings before Tax (EBT) - - - - - - - - - - - - - -
Net income 1 1,272 2,090 2,172 4,028 2,103 1,016 419.4 350.9 -83 890 251.9 - 539 809.1
Net margin 18.99% 24.53% 24.37% 33.92% 21% 10.73% 5.21% 5.04% -1.33% 11.08% 3.26% - 7.02% 10.64%
EPS 2 0.3433 0.5667 - 1.093 0.5667 0.2800 0.1133 0.1000 -0.0200 0.2400 0.0682 0.0761 0.1417 0.2128
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 21-10-25 22-02-27 22-04-28 22-08-11 22-11-01 23-02-12 23-05-24 23-08-15 23-10-31 24-02-26 - - - -
1SAR in Million2SAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 44,315 43,015 39,210 26,662 23,471 23,913 21,436 19,755
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 8.025 x 7.637 x 3.272 x 1.437 x 2.303 x 2.246 x 1.697 x 1.438 x
Free Cash Flow 1 335 -472 4,969 13,416 3,770 2,046 4,761 5,775
ROE (net income / shareholders' equity) -2.53% -0.69% 15.9% 23.1% 3.45% 6.32% 8.74% 9.21%
ROA (Net income/ Total Assets) - -0.22% 5.23% 8.67% 1.41% 2.81% 4.62% 4.7%
Assets 1 - 97,200 100,033 107,462 111,709 104,924 101,917 116,105
Book Value Per Share 2 8.670 8.190 9.660 24.40 12.60 13.50 14.70 16.10
Cash Flow per Share 2 0.8800 1.060 2.550 4.320 2.040 2.420 2.450 2.830
Capex 1 2,770 4,377 4,447 2,520 3,759 6,749 7,295 7,671
Capex / Sales 15.62% 23.56% 16.61% 6.26% 12.84% 22.07% 21.87% 21.59%
Announcement Date 20-02-02 21-02-03 22-02-27 23-02-12 24-02-26 - - -
1SAR in Million2SAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Saudi Arabian Mining Company (Ma'aden)

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
10
Last Close Price
50.3 SAR
Average target price
34.13 SAR
Spread / Average Target
-32.15%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Integrated Mining

1st Jan change Capi.
SAUDI ARABIAN MINING COMPANY (MA'ADEN) Stock Saudi Arabian Mining Company (Ma'aden)
+4.22% 49.5B
BHP GROUP LIMITED Stock BHP Group Limited
-15.93% 139B
RIO TINTO PLC Stock Rio Tinto plc
-7.58% 116B
GRUPO MÉXICO, S.A.B. DE C.V. Stock Grupo México, S.A.B. de C.V.
+15.88% 48.35B
ANGLO AMERICAN PLC Stock Anglo American plc
+31.71% 39.91B
TECK RESOURCES LIMITED Stock Teck Resources Limited
+18.91% 25.13B
HINDUSTAN ZINC LIMITED Stock Hindustan Zinc Limited
+35.83% 21.61B
VEDANTA LIMITED Stock Vedanta Limited
+58.89% 17.7B
IVANHOE MINES LTD. Stock Ivanhoe Mines Ltd.
+44.75% 16.94B
SOUTH32 LIMITED Stock South32 Limited
+6.61% 10.26B
Integrated Mining
  1. Stock Market
  2. Equities
  3. 1211 Stock
  4. Financials Saudi Arabian Mining Company (Ma'aden)