Comparison
Company
Score
Quality
Valuation
Financial
Technical
Why is Emsteel Building Materials PJSC ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- 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 3.24% signifying low profitability per unit of shareholders funds
2
The company has declared Negative results for the last 3 consecutive quarters
- OPERATING CASH FLOW(Y) Lowest at AED 472.63 MM
- NET PROFIT(9M) At AED 224.89 MM has Grown at -42.16%
- INTEREST(9M) At AED 94.33 MM has Grown at 76.62%
3
With ROE of 2.31%, it has a fair valuation with a 0.96 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -12.69%, its profits have fallen by -66.5%
4
Below par performance in long term as well as near term
- Along with generating -12.69% returns in the last 1 year, the stock has also underperformed Abu Dhabi Securities Exchange in the last 3 years, 1 year and 3 months
How much should you hold?
- Overall Portfolio exposure to Emsteel Building Materials PJSC should be less than 10%
- Overall Portfolio exposure to Building Products should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Building Products)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Emsteel Building Materials PJSC for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Emsteel Building Materials PJSC
-100.0%
-0.36
27.49%
Abu Dhabi Securities Exchange
-1.29%
1.13
8.08%
Quality key factors
Factor
Value
Sales Growth (5y)
60.37%
EBIT Growth (5y)
145.35%
EBIT to Interest (avg)
6.17
Debt to EBITDA (avg)
1.03
Net Debt to Equity (avg)
-0.01
Sales to Capital Employed (avg)
0.94
Tax Ratio
8.76%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
5.91%
ROE (avg)
3.44%
Valuation Key Factors 
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
0.80
EV to EBIT
7.59
EV to EBITDA
4.42
EV to Capital Employed
0.77
EV to Sales
0.71
PEG Ratio
0.03
Dividend Yield
NA
ROCE (Latest)
10.20%
ROE (Latest)
7.70%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Sideways
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
18What is working for the Company
OPERATING CASH FLOW(Y)
Highest at AED 1,717.96 MM
NET PROFIT(HY)
Higher at AED 560.49 MM
ROCE(HY)
Highest at 9.57%
DEBT-EQUITY RATIO
(HY)
Lowest at -13.37 %
RAW MATERIAL COST(Y)
Fallen by -38.47% (YoY
CASH AND EQV(HY)
Highest at AED 3,162.96 MM
-2What is not working for the Company
INTEREST(Q)
At AED 11.49 MM has Grown at 23.1%
Here's what is working for Emsteel Building Materials PJSC
Net Profit
At AED 560.49 MM has Grown at 198.14%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (AED MM)
Net Profit
Higher at AED 560.49 MM
than preceding 12 month period ended Jun 2026MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (AED MM)
Debt-Equity Ratio
Lowest at -13.37 % and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Operating Cash Flow
Highest at AED 1,717.96 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (AED MM)
Cash and Eqv
Highest at AED 3,162.96 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -38.47% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at AED 165.75 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (AED MM)
Here's what is not working for Emsteel Building Materials PJSC
Interest
At AED 11.49 MM has Grown at 23.1%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (AED MM)






