Arabian Steel Pipes Manufacturing Co. Ltd. (ASPMM) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Arabian Steel Pipes Manufacturing Co. Ltd.

Jordan Steel

The Jordan Pipes Manufacturing

Why is Arabian Steel Pipes Manufacturing Co. Ltd. ?

Poor Management Efficiency with a low ROCE of 7.72%

The company has been able to generate a Return on Capital Employed (avg) of 7.72% signifying low profitability per unit of total capital (equity and debt)

The company is Net-Debt Free

Poor long term growth as Net Sales has grown by an annual rate of 19.96% and Operating profit at 31.42% over the last 5 years
The company is Net-Debt Free
The company has been able to generate a Return on Equity (avg) of 6.83% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of 19.96% and Operating profit at 31.42% over the last 5 years

Negative results in Jun 26

INTEREST(HY) At JOD 0.09 MM has Grown at 82.35%
OPERATING CASH FLOW(Y) Lowest at JOD -0.45 MM
RAW MATERIAL COST(Y) Grown by 23.49% (YoY)

With ROE of 14.00%, it has a attractive valuation with a 0.00 Price to Book Value

Over the past year, while the stock has generated a return of 45.22%, its profits have risen by 40.9%

Consistent Returns over the last 3 years

Along with generating 45.22% returns in the last 1 year, the stock has outperformed Jordan General Index in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Arabian Steel Pipes Manufacturing Co. Ltd. should be less than 10%
Overall Portfolio exposure to Ferrous Metals should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Ferrous Metals)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Arabian Steel Pipes Manufacturing Co. Ltd. for you?

Medium Risk, High Return

Absolute

Risk Adjusted

Volatility

Arabian Steel Pipes Manufacturing Co. Ltd.

45.22%

3.19

24.07%

Jordan General Index

37.55%

3.71

10.12%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

19.96%

EBIT Growth (5y)

31.42%

EBIT to Interest (avg)

1.62

Debt to EBITDA (avg)

0.25

Net Debt to Equity (avg)

-0.13

Sales to Capital Employed (avg)

0.81

Tax Ratio

7.82%

Dividend Payout Ratio

45.20%

Pledged Shares

Institutional Holding

ROCE (avg)

11.75%

ROE (avg)

6.83%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

EV to EBIT

0.20

EV to EBITDA

0.18

EV to Capital Employed

0.03

EV to Sales

0.03

PEG Ratio

Dividend Yield

ROCE (Latest)

14.26%

ROE (Latest)

14.00%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

No Trend

OBV

Mildly Bullish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

4What is working for the Company

ROCE(HY)

Highest at 15.22%

NET PROFIT(9M)

Higher at JOD 2.01 MM

CASH AND EQV(HY)

Highest at JOD 7.67 MM

-14What is not working for the Company

INTEREST(HY)

At JOD 0.09 MM has Grown at 82.35%

OPERATING CASH FLOW(Y)

Lowest at JOD -0.45 MM

RAW MATERIAL COST(Y)

Grown by 23.49% (YoY

DEBT-EQUITY RATIO (HY)

Highest at -6.58 %

Here's what is working for Arabian Steel Pipes Manufacturing Co. Ltd.

Cash and Eqv

Highest at JOD 7.67 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents

Net Profit

Higher at JOD 2.01 MM

than preceding 12 month period ended Jun 2026

MOJO Watch

In the nine month period the company has already crossed sales of the previous twelve months

Net Profit (JOD MM)

Here's what is not working for Arabian Steel Pipes Manufacturing Co. Ltd.

Interest

At JOD 0.09 MM has Grown at 82.35%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (JOD MM)

Operating Cash Flow

Lowest at JOD -0.45 MM and Fallen

In each year in the last three years

MOJO Watch

The company's cash revenues from business operations are falling

Operating Cash Flows (JOD MM)

Debt-Equity Ratio

Highest at -6.58 %

in the last five Semi-Annual periods

MOJO 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 23.49% (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