Why is United Electronics Co. ?
1
Positive results in Jun 25
- OPERATING CASH FLOW(Y) Highest at SAR 492.96 MM
- INTEREST COVERAGE RATIO(Q) Highest at 2,004.07
- RAW MATERIAL COST(Y) Fallen by -7.14% (YoY)
2
With ROE of 38.22%, it has a very attractive valuation with a 4.29 Price to Book Value
- Over the past year, while the stock has generated a return of -9.33%, its profits have risen by 18.8% ; the PEG ratio of the company is 0.6
How much should you buy?
- Overall Portfolio exposure to United Electronics Co. should be less than 10%
- Overall Portfolio exposure to Finance should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Finance)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is United Electronics Co. for you?
Low Risk, Medium Return
Absolute
Risk Adjusted
Volatility
United Electronics Co.
-10.57%
-0.35
19.47%
Saudi Arabia All Share TASI
-12.63%
-0.89
14.47%
Quality key factors
Factor
Value
Sales Growth (5y)
4.49%
EBIT Growth (5y)
19.30%
EBIT to Interest (avg)
10.29
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
7.81%
Dividend Payout Ratio
72.44%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
37.14%
ROE (avg)
39.31%
Valuation Key Factors 
Factor
Value
P/E Ratio
11
Industry P/E
Price to Book Value
4.29
EV to EBIT
9.19
EV to EBITDA
7.93
EV to Capital Employed
4.52
EV to Sales
0.96
PEG Ratio
0.60
Dividend Yield
9.31%
ROCE (Latest)
49.15%
ROE (Latest)
38.22%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Movement
7What is working for the Company
OPERATING CASH FLOW(Y)
Highest at SAR 492.96 MM
INTEREST COVERAGE RATIO(Q)
Highest at 2,004.07
RAW MATERIAL COST(Y)
Fallen by -7.14% (YoY
CASH AND EQV(HY)
Highest at SAR 3,476.55 MM
NET SALES(Q)
Highest at SAR 2,124.71 MM
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for United Electronics Co.
Interest Coverage Ratio
Highest at 2,004.07
in the last five periodsMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Operating Cash Flow
Highest at SAR 492.96 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (SAR MM)
Net Sales
Highest at SAR 2,124.71 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (SAR MM)
Cash and Eqv
Highest at SAR 3,476.55 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Raw Material Cost
Fallen by -7.14% (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






