Why is National Metal Manufacturing & Casting Co. ?
1
Poor Management Efficiency with a low ROCE of 0%
- The company has reported losses and also has negative networth. This is not a good sign for the investors. Either company will have to raise fresh capital or report profits to sustain going forward
2
Poor long term growth as Net Sales has grown by an annual rate of 1.64% and Operating profit at 9.14% over the last 5 years
3
Flat results in Jun 25
- DEBT-EQUITY RATIO (HY) Highest at 22.03 %
- CASH AND EQV(HY) Lowest at SAR 61.57 MM
4
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -23.16%, its profits have risen by 56.3%
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -23.16% returns in the last 1 year, the stock has also underperformed Saudi Arabia All Share TASI in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Ferrous Metals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is National Metal Manufacturing & Casting Co. for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
National Metal Manufacturing & Casting Co.
-24.94%
-0.50
34.56%
Saudi Arabia All Share TASI
-12.63%
-0.89
14.47%
Quality key factors
Factor
Value
Sales Growth (5y)
1.64%
EBIT Growth (5y)
9.14%
EBIT to Interest (avg)
-9.54
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0.17
Sales to Capital Employed (avg)
0.75
Tax Ratio
6.57%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
2.59
EV to EBIT
-44.12
EV to EBITDA
-516.98
EV to Capital Employed
2.34
EV to Sales
2.54
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-5.30%
ROE (Latest)
-7.05%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
9What is working for the Company
NET PROFIT(HY)
Higher at SAR -8.53 MM
ROCE(HY)
Highest at -6.66%
INVENTORY TURNOVER RATIO(HY)
Highest at 2.97%
RAW MATERIAL COST(Y)
Fallen by -954.43% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 3.95%
-3What is not working for the Company
DEBT-EQUITY RATIO
(HY)
Highest at 22.03 %
CASH AND EQV(HY)
Lowest at SAR 61.57 MM
Here's what is working for National Metal Manufacturing & Casting Co.
Net Profit
Higher at SAR -8.53 MM
than preceding 12 month period ended Jun 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (SAR MM)
Inventory Turnover Ratio
Highest at 2.97% and Grown
In each half year in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 3.95%
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -954.43% (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
Here's what is not working for National Metal Manufacturing & Casting Co.
Debt-Equity Ratio
Highest at 22.03 % and Grown
In each half year 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
Cash and Eqv
Lowest at SAR 61.57 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






