Why is Al-Jouf Agricultural Development Co. ?
1
Poor Management Efficiency with a low ROCE of 5.94%
- The company has been able to generate a Return on Capital Employed (avg) of 5.94% signifying low profitability per unit of total capital (equity and debt)
2
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of 23.65% and Operating profit at 36.36% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 7.57% signifying low profitability per unit of shareholders funds
3
Flat results in Sep 25
- RAW MATERIAL COST(Y) Grown by 8.8% (YoY)
- DEBT-EQUITY RATIO (HY) Highest at 36.46 %
4
With ROE of 10.47%, it has a very attractive valuation with a 1.76 Price to Book Value
- Over the past year, while the stock has generated a return of -7.56%, its profits have fallen by -3.1%
- At the current price, the company has a high dividend yield of 2.6
How much should you hold?
- Overall Portfolio exposure to Al-Jouf Agricultural Development Co. should be less than 10%
- Overall Portfolio exposure to Other Agricultural Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Agricultural Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Al-Jouf Agricultural Development Co. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Al-Jouf Agricultural Development Co.
-100.0%
-0.92
23.38%
Saudi Arabia All Share TASI
-11.13%
-0.71
15.65%
Quality key factors
Factor
Value
Sales Growth (5y)
23.65%
EBIT Growth (5y)
36.36%
EBIT to Interest (avg)
28.07
Debt to EBITDA (avg)
0.92
Net Debt to Equity (avg)
0.31
Sales to Capital Employed (avg)
0.52
Tax Ratio
3.51%
Dividend Payout Ratio
39.84%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.94%
ROE (avg)
7.57%
Valuation Key Factors 
Factor
Value
P/E Ratio
17
Industry P/E
Price to Book Value
1.76
EV to EBIT
17.07
EV to EBITDA
9.48
EV to Capital Employed
1.58
EV to Sales
2.60
PEG Ratio
NA
Dividend Yield
2.58%
ROCE (Latest)
9.25%
ROE (Latest)
10.47%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bearish
Moving Averages
Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
Technical Movement
4What is working for the Company
NET PROFIT(9M)
Higher at SAR 75.85 MM
INVENTORY TURNOVER RATIO(HY)
Highest at 1.5 times
NET SALES(Q)
Highest at SAR 178.37 MM
-2What is not working for the Company
RAW MATERIAL COST(Y)
Grown by 8.8% (YoY
DEBT-EQUITY RATIO
(HY)
Highest at 36.46 %
Here's what is working for Al-Jouf Agricultural Development Co.
Net Sales
Highest at SAR 178.37 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (SAR MM)
Inventory Turnover Ratio
Highest at 1.5 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Net Profit
Higher at SAR 75.85 MM
than preceding 12 month period ended Sep 2025MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (SAR MM)
Here's what is not working for Al-Jouf Agricultural Development Co.
Debt-Equity Ratio
Highest at 36.46 %
in the last five Semi-Annual periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Raw Material Cost
Grown by 8.8% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






