Dashboard
1
Poor Management Efficiency with a low ROCE of 7.81%
- The company has been able to generate a Return on Capital Employed (avg) of 7.81% signifying low profitability per unit of total capital (equity and debt)
2
Poor long term growth as Net Sales has grown by an annual rate of 3.46% and Operating profit at -12.72% over the last 5 years
3
Flat results in Jun 25
4
With ROE of 4.93%, it has a fair valuation with a 1.65 Price to Book Value
5
Below par performance in long term as well as near term
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-4.52%
0%
-4.52%
6 Months
-9.52%
0%
-9.52%
1 Year
-13.64%
0%
-13.64%
2 Years
-19.49%
0%
-19.49%
3 Years
-13.64%
0%
-13.64%
4 Years
-20.83%
0%
-20.83%
5 Years
-34.48%
0%
-34.48%
Northern Cement Co. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
3.46%
EBIT Growth (5y)
-12.72%
EBIT to Interest (avg)
5.65
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.02
Sales to Capital Employed (avg)
0.75
Tax Ratio
26.21%
Dividend Payout Ratio
94.46%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
7.81%
ROE (avg)
7.03%
Valuation key factors
Factor
Value
P/E Ratio
34
Industry P/E
Price to Book Value
1.65
EV to EBIT
30.04
EV to EBITDA
21.63
EV to Capital Employed
1.68
EV to Sales
2.31
PEG Ratio
0.97
Dividend Yield
2.00%
ROCE (Latest)
5.59%
ROE (Latest)
4.93%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
13.20
10.00
32.00%
Operating Profit (PBDIT) excl Other Income
1.50
0.70
114.29%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.00
0.40
150.00%
Operating Profit Margin (Excl OI)
83.10%
41.30%
4.18%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is 32.00% vs -8.26% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 150.00% vs -60.00% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
48.90
58.20
-15.98%
Operating Profit (PBDIT) excl Other Income
4.00
6.20
-35.48%
Interest
0.20
0.20
Exceptional Items
0.00
0.00
Consolidate Net Profit
2.40
4.00
-40.00%
Operating Profit Margin (Excl OI)
51.40%
81.00%
-2.96%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -15.98% vs 26.52% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -40.00% vs -36.51% in Dec 2023
About Northern Cement Co. 
Northern Cement Co.
Building Products
Northern Cement Company PSC is a Jordan-based company, which is involved in clinker industry and grinding, cement industry and implementation of other industrial projects and purchasing lands. The Company produces Portland Pozzolana Cement, Ordinary Portland Cement and other products, such as finish coat, and rush coat and render. It exports its products to Palestine, Syria, as well as to Australia.
Company Coordinates 
Company Details
Northern Cement Company Bldg No.64, Al Sharif Hussein Bin Ali Street, Jabal Al Weibdeh Area, P.O.Box 961186, AMMAN None : 11196
Registrar Details






