Saudi Ceramic Co. (2040) — Financial Analysis & Intrinsic Value · TASIV

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

Company Overview

Saudi Ceramic Company produces and sells ceramic tiles, sanitary ware, bathroom fixtures, and water heaters in Saudi Arabia and internationally. Its product range includes porcelain and outdoor tiles, wash basins and water closets, bathroom furniture, red bricks, and industrial minerals such as kaolin and feldspar. Founded in 1977, the company is headquartered in Riyadh.

Valuation Model

TASIV estimates this company's intrinsic value using a Price-to-Book (P/B) model. As of TASIV's most recent data refresh, the estimated intrinsic value is SAR 17.54 compared to a market price of SAR 24.90 (Trading above DCF model value). This is an analytical estimate, not investment advice.

Financial Performance

Net income increased consistently across the three-year period, moving from a loss of about SAR 210.4 million to a profit of roughly SAR 180.7 million, while revenue grew only modestly, by about 13%. Operating cash flow did not follow this steady rise, increasing sharply in the middle year before declining to about SAR 115.7 million, ending below its starting level. Overall, the company's historical financial performance shows modest revenue growth, a shift in net income from a loss to a profit, and an overall decline in operating cash flow.

Dividends

Dividend per share fluctuated over the 5-year recorded period, ranging between SAR 0.5 and SAR 1.25, and ended at SAR 0.5 versus SAR 0.75 at the start. Payments have been made on an Annual basis throughout this period. Overall, the company's per-share dividend has varied year to year without a consistent direction. Current dividend yield is approximately 2.01%, with a payout ratio of approximately 27.67%.

Business Fundamentals

TASIV's Competitive Advantage assessment for this company is Moderate (42/100), based on profitability, predictability, financial strength, and growth resilience.

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Frequently Asked Questions

What is the estimated intrinsic value of Saudi Ceramic Co. (2040) according to TASIV's model?

Based on TASIV's Price-to-Book (P/B) model, the estimated intrinsic value of Saudi Ceramic Co. is approximately SAR 17.54, compared to a current market price of SAR 24.90. 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 Ceramic Co.'s current market price compare to TASIV's model value?

According to TASIV's model, Saudi Ceramic Co. is currently "Trading above DCF model value".

What is the dividend yield for Saudi Ceramic Co. (2040)?

Saudi Ceramic Co.'s dividend yield is approximately 2.01%, with a payout ratio of approximately 27.67%, based on TASIV's most recent verified data.

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