Dashboard
1
Poor Management Efficiency with a low ROCE of 12.74%
- The company has been able to generate a Return on Capital Employed (avg) of 12.74% signifying low profitability per unit of total capital (equity and debt)
2
High Debt Company with a Debt to Equity ratio (avg) at times
3
The company has declared negative results for the last 2 consecutive quarters
4
With ROE of 33.66%, it has a expensive valuation with a 3.46 Price to Book Value
5
Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-18.98%
0%
-18.98%
6 Months
-17.97%
0%
-17.97%
1 Year
-41.13%
0%
-41.13%
2 Years
16.36%
0%
16.36%
3 Years
117.21%
0%
117.21%
4 Years
44.6%
0%
44.6%
5 Years
39.75%
0%
39.75%
Saudi Steel Pipe Co. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
21.54%
EBIT Growth (5y)
44.12%
EBIT to Interest (avg)
3.10
Debt to EBITDA (avg)
2.86
Net Debt to Equity (avg)
0.17
Sales to Capital Employed (avg)
1.16
Tax Ratio
5.19%
Dividend Payout Ratio
27.98%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
12.74%
ROE (avg)
14.62%
Valuation key factors
Factor
Value
P/E Ratio
10
Industry P/E
Price to Book Value
3.46
EV to EBIT
11.35
EV to EBITDA
8.44
EV to Capital Employed
3.08
EV to Sales
2.00
PEG Ratio
NA
Dividend Yield
0.38%
ROCE (Latest)
27.15%
ROE (Latest)
33.66%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
336.40
453.90
-25.89%
Operating Profit (PBDIT) excl Other Income
72.00
95.30
-24.45%
Interest
6.40
10.20
-37.25%
Exceptional Items
0.00
0.00
Consolidate Net Profit
93.00
68.70
35.37%
Operating Profit Margin (Excl OI)
152.40%
165.00%
-1.26%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -25.89% vs 73.18% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 35.37% vs 82.23% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
1,630.20
1,334.70
22.14%
Operating Profit (PBDIT) excl Other Income
380.50
271.40
40.20%
Interest
43.00
37.00
16.22%
Exceptional Items
0.00
0.00
Consolidate Net Profit
250.20
217.50
15.03%
Operating Profit Margin (Excl OI)
184.80%
161.10%
2.37%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 22.14% vs 78.53% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 15.03% vs 296.17% in Dec 2023
About Saudi Steel Pipe Co. 
Saudi Steel Pipe Co.
Ferrous Metals
No Details Available.
Company Coordinates 
No Company Details Available






