Obeikan Glass Co. () 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

Obeikan Glass Co.

Why is Obeikan Glass Co. ?

Poor Management Efficiency with a low ROCE of 8.64%

The company has been able to generate a Return on Capital Employed (avg) of 8.64% 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 5.80% and Operating profit at -39.73% over the last 5 years
The company is Net-Debt Free
The company has been able to generate a Return on Equity (avg) of 7.84% signifying low profitability per unit of shareholders funds

Poor long term growth as Net Sales has grown by an annual rate of 5.80% and Operating profit at -39.73% over the last 5 years

Flat results in Mar 26

INTEREST(HY) At SAR 6.21 MM has Grown at 232.47%
INTEREST COVERAGE RATIO(Q) Lowest at 968.95
PRE-TAX PROFIT(Q) Lowest at SAR 1.31 MM

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -24.29% returns in the last 1 year, the stock has also underperformed Saudi Arabia All Share TASI in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

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 Other Industrial Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Obeikan Glass Co. for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Obeikan Glass Co.

-100.0%

-1.11

46.27%

Saudi Arabia All Share TASI

-0.13%

-0.01

13.67%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

5.80%

EBIT Growth (5y)

-39.73%

EBIT to Interest (avg)

8.10

Debt to EBITDA (avg)

0.40

Net Debt to Equity (avg)

0.05

Sales to Capital Employed (avg)

0.56

Tax Ratio

17.48%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

8.64%

ROE (avg)

7.84%

Valuation

Valuation Scorecard

Valuation grade scale :

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

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

1.39

EV to EBIT

-156.22

EV to EBITDA

19.88

EV to Capital Employed

1.36

EV to Sales

2.34

PEG Ratio

Dividend Yield

3.23%

ROCE (Latest)

-0.87%

ROE (Latest)

-1.75%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bearish

No Trend

OBV

Mildly Bearish

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

12What is working for the Company

NET PROFIT(HY)

Higher at SAR 36.35 MM

RAW MATERIAL COST(Y)

Fallen by -23.37% (YoY

NET SALES(Q)

Highest at SAR 94.42 MM

-17What is not working for the Company

INTEREST(HY)

At SAR 6.21 MM has Grown at 232.47%

INTEREST COVERAGE RATIO(Q)

Lowest at 968.95

PRE-TAX PROFIT(Q)

Lowest at SAR 1.31 MM

NET PROFIT(Q)

Lowest at SAR 2.29 MM

EPS(Q)

Lowest at SAR 0.07

Here's what is working for Obeikan Glass Co.

Net Sales

Highest at SAR 94.42 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (SAR MM)

Raw Material Cost

Fallen by -23.37% (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 SAR 19.21 MM

in the last five periods

MOJO Watch

The expenditure on assets done by the company may have gone into operation

Depreciation (SAR MM)

Depreciation

At SAR 19.21 MM has Grown at 33.97%

period on period (QoQ)

MOJO Watch

The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales

Depreciation (SAR MM)

Here's what is not working for Obeikan Glass Co.

Interest

At SAR 6.21 MM has Grown at 232.47%

over previous Semi-Annual period

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (SAR MM)

Interest Coverage Ratio

Lowest at 968.95

in the last five periods

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Pre-Tax Profit

At SAR 1.31 MM has Fallen at -78.31%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is very negative

Pre-Tax Profit (SAR MM)

Pre-Tax Profit

Lowest at SAR 1.31 MM

in the last five periods

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (SAR MM)

Net Profit

Lowest at SAR 2.29 MM

in the last five periods

MOJO Watch

Near term Net Profit trend is negative

Net Profit (SAR MM)

Net Profit

Fallen at -63.23%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is negative

Net Profit (SAR MM)

EPS

Lowest at SAR 0.07

in the last five periods

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (SAR)