Why is Obeikan Glass Co. ?
1
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)
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 5.80% and Operating profit at -39.73% 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 7.84% signifying low profitability per unit of shareholders funds
3
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
4
Flat results in Sep 25
- INTEREST(Q) Highest at SAR 1.73 MM
5
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 -52.46%, its profits have fallen by -106%
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%
-0.99
51.12%
Saudi Arabia All Share TASI
-11.13%
-0.71
15.65%
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)
0.63
Tax Ratio
17.48%
Dividend Payout Ratio
2,427.18%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.64%
ROE (avg)
7.84%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
1.96
EV to EBIT
-271.19
EV to EBITDA
28.67
EV to Capital Employed
1.91
EV to Sales
3.34
PEG Ratio
NA
Dividend Yield
2.21%
ROCE (Latest)
-0.70%
ROE (Latest)
-1.58%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Bearish
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
2What is working for the Company
RAW MATERIAL COST(Y)
Fallen by 0.5% (YoY
NET SALES(Q)
Highest at SAR 92.66 MM
-1What is not working for the Company
INTEREST(Q)
Highest at SAR 1.73 MM
Here's what is working for Obeikan Glass Co.
Net Sales
Highest at SAR 92.66 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (SAR MM)
Raw Material Cost
Fallen by 0.5% (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 12.14 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (SAR MM)
Here's what is not working for Obeikan Glass Co.
Interest
Highest at SAR 1.73 MM
in the last five periods and Increased by 11.1% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (SAR MM)






