Saudi Steel Pipes Co. (1320) — Financial Analysis & Intrinsic Value · TASIV

Saudi Steel Pipes Co. intrinsic value and dividend analysis using DCF, P/B, PEG and PSG models. Includes dividend yield, payout ratio, and dividend sustainability assessment. Sector: Materials. Listed on Saudi Exchange Tadawul.

Company Overview

Saudi Steel Pipes Company manufactures and distributes steel pipes in Saudi Arabia and internationally for the oil and gas, water, industrial, and construction sectors. Its products include welded, galvanized, seamless, and coated steel pipes in various diameters, and it also wholesales pipes, tubes, and related metal accessories. Founded in 1980, the company is headquartered in Dammam.

Valuation Model

TASIV estimates this company's intrinsic value using a DCF (Discounted Cash Flow) model. As of TASIV's most recent data refresh, the estimated intrinsic value is SAR 67.12 compared to a market price of SAR 57.15 (Trading below DCF model value). This is an analytical estimate, not investment advice.

Financial Performance

Revenue stayed roughly flat over the three-year period, changing by about 6% overall after rising then falling, while net income grew more steadily by about 21% across both years. Operating cash flow was far more variable, falling by about 88% in the middle year before rising by about 877% in the final year, ending only modestly higher than its starting level. Overall, the company's historical financial performance shows steadier growth in profitability alongside comparatively flat revenue and a highly variable operating cash flow.

Dividends

Over the 5 years on record, dividend per share moved both up and down, from SAR 1.5 to a recent SAR 0.75, with a low of SAR 0.74 and a high of SAR 3.95 along the way. Payments have been made on an Annual basis throughout this period. The company's dividend history shows no consistent year-over-year direction. Current dividend yield is approximately 6.91%, with a payout ratio of approximately 76.57%.

Business Fundamentals

TASIV's Competitive Advantage assessment for this company is High (81/100), based on profitability, predictability, financial strength, and growth resilience.

Similar Companies in This Sector

Frequently Asked Questions

What is the estimated intrinsic value of Saudi Steel Pipes Co. (1320) according to TASIV's model?

Based on TASIV's DCF (Discounted Cash Flow) model, the estimated intrinsic value of Saudi Steel Pipes Co. is approximately SAR 67.12, compared to a current market price of SAR 57.15. This is an analytical estimate based on the company's financial data, not investment advice or a recommendation to buy or sell.

How does Saudi Steel Pipes Co.'s current market price compare to TASIV's model value?

According to TASIV's model, Saudi Steel Pipes Co. is currently "Trading below DCF model value".

What is the dividend yield for Saudi Steel Pipes Co. (1320)?

Saudi Steel Pipes Co.'s dividend yield is approximately 6.91%, with a payout ratio of approximately 76.57%, based on TASIV's most recent verified data.

Loading 1320...