Saudi Electricity Co. (5110) 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

Saudi Electricity Co.

Why is Saudi Electricity Co. ?

Poor Management Efficiency with a low ROCE of 3.78%

The company has been able to generate a Return on Capital Employed (avg) of 3.78% signifying low profitability per unit of total capital (equity and debt)

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 9.12% and Operating profit at 34.52% 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 4.95% signifying low profitability per unit of shareholders funds

Flat results in Sep 25

ROCE(HY) Lowest at -2.86%
DEBT-EQUITY RATIO (HY) Highest at 422.12 %
RAW MATERIAL COST(Y) Grown by 22.78% (YoY)

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 -18.99%, its profits have fallen by -122.1%

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -18.99% 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 Power)

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

Is Saudi Electricity Co. for you?

Low Risk, Low Return

Absolute

Risk Adjusted

Volatility

Saudi Electricity Co.

-19.46%

-0.99

18.67%

Saudi Arabia All Share TASI

-11.13%

-0.71

15.65%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

9.12%

EBIT Growth (5y)

34.52%

EBIT to Interest (avg)

4.06

Debt to EBITDA (avg)

8.62

Net Debt to Equity (avg)

3.96

Sales to Capital Employed (avg)

0.21

Tax Ratio

2.72%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

3.78%

ROE (avg)

4.95%

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

0.76

EV to EBIT

32.44

EV to EBITDA

12.08

EV to Capital Employed

0.95

EV to Sales

4.26

PEG Ratio

Dividend Yield

ROCE (Latest)

2.94%

ROE (Latest)

-0.70%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Dow Theory

Mildly Bearish

Mildly Bullish

OBV

No Trend

Mildly Bearish

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

7What is working for the Company

OPERATING CASH FLOW(Y)

Highest at SAR 40,126.99 MM

NET PROFIT(HY)

Higher at SAR 6,587.74 MM

INVENTORY TURNOVER RATIO(HY)

Highest at 25.44 times

NET SALES(Q)

Highest at SAR 31,047.18 MM

-9What is not working for the Company

ROCE(HY)

Lowest at -2.86%

DEBT-EQUITY RATIO (HY)

Highest at 422.12 %

RAW MATERIAL COST(Y)

Grown by 22.78% (YoY

CASH AND EQV(HY)

Lowest at SAR 2,887.47 MM

INTEREST(Q)

Highest at SAR 1,492.63 MM

Here's what is working for Saudi Electricity Co.

Net Profit

Higher at SAR 6,587.74 MM

than preceding 12 month period ended Sep 2025

MOJO Watch

In the half year the company has already crossed Net Profit of the previous twelve months

Net Profit (SAR MM)

Operating Cash Flow

Highest at SAR 40,126.99 MM

in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (SAR MM)

Net Sales

Highest at SAR 31,047.18 MM

in the last five periods

MOJO Watch

Near term sales trend is positive

Net Sales (SAR MM)

Inventory Turnover Ratio

Highest at 25.44 times

in the last five Semi-Annual periods

MOJO Watch

Company has been able to sell its inventory faster

Inventory Turnover Ratio

Here's what is not working for Saudi Electricity Co.

Interest

At SAR 1,492.63 MM has Grown at 22.07%

period on period (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (SAR MM)

Debt-Equity Ratio

Highest at 422.12 % and Grown

In each half year 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

Interest

Highest at SAR 1,492.63 MM

in the last five periods and Increased by 22.07% (QoQ)

MOJO Watch

Rising interest cost signifies increased borrowings

Interest Paid (SAR MM)

Cash and Eqv

Lowest at SAR 2,887.47 MM

in the last six Semi-Annual periods

MOJO Watch

Short Term liquidity is deteriorating

Cash and Cash Equivalents

Raw Material Cost

Grown by 22.78% (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