Eastern Province Cement 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.
Eastern Province Cement Company produces and sells clinker and cement products through Cement and Precast segments in Saudi Arabia and internationally, including sulphate-resisting and salt-resistant cement as well as prefabricated concrete panels and buildings. It also operates quarries and mines gypsum and anhydrite. Founded in 1982 and headquartered in Dammam, the company was formerly known as Saudi-Kuwaiti Cement Company.
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 84.31 compared to a market price of SAR 25.00 (Trading significantly below DCF model value). This is an analytical estimate, not investment advice.
Revenue increased by about 28% over the three-year period, while net income grew by a much smaller margin of about 2%, indicating that profitability grew far more slowly than sales. Operating cash flow increased by about 129% over the same period, well ahead of both revenue and net income growth. Overall, the company's historical financial performance shows revenue and operating cash flow both higher by a wide margin, while net income growth was comparatively marginal.
Over the 5 years on record, dividend per share fell in each period, moving from SAR 2.1 to SAR 1.2 — a decline of about 43%. Payments have been made on a Semi-Annual basis throughout this period. The company's per-share dividend has declined steadily across the recorded period. Current dividend yield is approximately 4.80%, with a payout ratio of approximately 50.97%.
TASIV's Competitive Advantage assessment for this company is High (79/100), based on profitability, predictability, financial strength, and growth resilience.
This company currently meets the following TASIV screener criteria: Dividend Stock Screener.
Based on TASIV's DCF (Discounted Cash Flow) model, the estimated intrinsic value of Eastern Province Cement Co. is approximately SAR 84.31, compared to a current market price of SAR 25.00. This is an analytical estimate based on the company's financial data, not investment advice or a recommendation to buy or sell.
According to TASIV's model, Eastern Province Cement Co. is currently "Trading significantly below DCF model value".
Eastern Province Cement Co.'s dividend yield is approximately 4.80%, with a payout ratio of approximately 50.97%, based on TASIV's most recent verified data.
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