Saudi Arabian Mining Company (Ma'aden)

1211.SR

1211.SRSaudi Arabian Mining Company (Ma'aden) SA flag

Saudi

49.55

SAR

-0.25

(-0.50%)

1.00EPS

49.55P/E

182.60BMarket Cap

Feb 24Next Earn

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ISIN

SA123GA0ITH7

Return %

Stock

S&P500

6.44

25.29

63.53

38.11

235.48

83.13

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	0.51	1.86	2.08	3.64	3.13	2.7	3.45	4.04	5.02	5.03	7.25	10.91	7.93	8.3
Basic EPS, GAAP	0.14	0.36	0.58	0.46	0.17	- -	0.2	0.53	-0.21	-0.06	1.42	2.52	0.43	1.05
Free Cash Flow per Basic Share	-2.82	-3.91	-3.84	-2.92	-3.22	-1.74	0.02	0.65	0.09	-0.14	1.35	3.63	1.02	1.07
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	3.82	4.14	4.79	5.95	4.62	4.61	4.8	5.27	5.37	5.05	6.39	11.56	12.62	13.44
Tangible Book Value per Share	6.9	7.61	8.5	11.24	9.35	9.35	9.75	10.37	10.76	10.02	11.83	15.08	15.29	16.15
Basic Weighted Avg Shares	3,001	3,001	2,912	2,961	3,505	3,505	3,505	3,505	3,535	3,692	3,692	3,692	3,692	3,689
Sales/Revenue/Turnover	1,533	5,577	6,047	10,792	10,956	9,464	12,086	14,171	17,736	18,580	26,769	40,277	29,272	30,612
Operating Margin (%)	37.96	31.58	9.98	18.5	11.99	12.89	24	27.84	5.12	4.26	27.64	33.62	12.8	23.08
Depreciation Expense	194	1,025	1,054	1,561	2,284	2,519	2,850	3,193	4,636	4,822	4,617	5,013	5,165	4,664
Net Income, GAAP	413	1,091	1,682	1,357	605	-11	715	1,848	-739	-209	5,228	9,319	1,577	3,868
Effective Tax Rate (%)	18.18	3.38	2.96	2.49	5.43	- -	15.94	11.39	- -	- -	6.4	6.83	20.2	11.75
Profit Margin (%)	26.96	19.56	27.82	12.58	5.52	-0.11	5.91	13.04	-4.17	-1.12	19.53	23.14	5.39	12.63
Working Capital	8,488	5,053	519	10,149	1,487	3,852	4,460	8,033	7,243	4,798	8,649	18,171	14,488	9,557
LT Debt	18,815	25,809	31,595	43,377	42,839	50,840	50,728	51,409	48,284	46,370	43,577	39,630	34,614	31,171
Total Equity	20,705	23,085	25,007	33,517	33,134	33,136	34,530	36,694	38,393	37,300	43,969	56,040	56,815	59,914
Return on Invested Capital (%)	1.31	3.77	1.09	2.85	1.59	- -	2.78	3.88	- -	- -	7.72	13.13	3.05	6.42
Return on Capital (%)	0.97	2.26	3.59	2.1	1.19	- -	2.17	3.41	- -	- -	6.34	8.78	3.34	5.19
Return on Common Equity (%)	3.63	9.13	12.75	8.6	3.58	-0.07	4.33	10.47	-3.95	-1.11	24.76	28.12	3.53	8.11

Capital Structure

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in mil. unless spec.

Working Capital

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in mil. unless spec.

Growth Rates

FRC

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in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	20.85%	19.43%	-27.32%
Net Income, GAAP	-959.24%	-563.62%	-83.07%
Free Cash Flow	137.01%	-257.01%	-71.91%
Total Cash Common Dividend	- -	- -	- -
Total Equity	9.19%	9.7%	1.38%

Growth Rates

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in mil. unless spec.

Quarterly Revenue

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in mil. unless spec.

Quarterly Earnings Per Share

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in mil. unless spec.

Quarterly Dividends Per Share

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in mil. unless spec.

Company Description

CEO: Mr. Robert G. Wilt
Full Time Employees: 7,197
Sector: Basic Materials
Industry: Industrial Materials
Address: Building Number 395 Riyadh Riyadh Province Saudi Arabia 11537
IPO Date: Mar 3, 2010
Website: maaden.com.sa
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Business: Saudi Arabian Mining Company (Ma'aden), together with its subsidiaries, operates as a mining and metals company in the Kingdom of Saudi Arabia, Indian Subcontinent, Japan, the United States, Europe, Australia, Brazil, Africa, GCC, and internationally. The company operates through Phosphate, Precious and Base Metals, and Aluminium segments. It primarily mines for gold, phosphate rock, bauxite, kaolin, and magnesite, as well as copper, zinc, and silver concentrates. The company sells phosphate fertilizers, ammonia, and industrial minerals, as well as aluminum and flat rolled products directly to customers and through marketing agents. It principally holds interests in the Mahd Ad-Dahab, Bulghah, Al-Amar, Sukhaybarat, As Suq, Ad Duwayhi, Al-Jalamid, Al-Khabra, Az Zabirah, Al-Ghazallah, and Al-Ba'itha mines. The company also produces aluminum and T-shape ingots, slabs, sheets, and billets; and urea, phosphate, and potassium fertilizers, as well as manages and develops infrastructure projects. Saudi Arabian Mining Company (Ma'aden) was incorporated in 1997 and is based in Riyadh, the Kingdom of Saudi Arabia.

	Mar'24	Jun'24	Sep'24
Total Current Assets	30,244	25,670	27,762
Accounts Receivable, Net	5,689	6,191	5,836
Cash, Cash Equivalents & STI	16,577	11,927	13,728
Inventories	7,166	6,954	7,404
Total Current Liabilities	12,904	17,149	18,205
Payables & Accruals	- -	- -	- -
ST Debt	2,594	6,917	7,211
Deferred Revenue	- -	- -	- -

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	0.51	1.86	2.08	3.64	3.13	2.7	3.45	4.04	5.02	5.03	7.25	10.91	7.93	8.3
Basic EPS, GAAP	0.14	0.36	0.58	0.46	0.17	- -	0.2	0.53	-0.21	-0.06	1.42	2.52	0.43	1.05
Free Cash Flow per Basic Share	-2.82	-3.91	-3.84	-2.92	-3.22	-1.74	0.02	0.65	0.09	-0.14	1.35	3.63	1.02	1.07
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	3.82	4.14	4.79	5.95	4.62	4.61	4.8	5.27	5.37	5.05	6.39	11.56	12.62	13.44
Tangible Book Value per Share	6.9	7.61	8.5	11.24	9.35	9.35	9.75	10.37	10.76	10.02	11.83	15.08	15.29	16.15
Basic Weighted Avg Shares	3,001	3,001	2,912	2,961	3,505	3,505	3,505	3,505	3,535	3,692	3,692	3,692	3,692	3,689
Sales/Revenue/Turnover	1,533	5,577	6,047	10,792	10,956	9,464	12,086	14,171	17,736	18,580	26,769	40,277	29,272	30,612
Operating Margin (%)	37.96	31.58	9.98	18.5	11.99	12.89	24	27.84	5.12	4.26	27.64	33.62	12.8	23.08
Depreciation Expense	194	1,025	1,054	1,561	2,284	2,519	2,850	3,193	4,636	4,822	4,617	5,013	5,165	4,664
Net Income, GAAP	413	1,091	1,682	1,357	605	-11	715	1,848	-739	-209	5,228	9,319	1,577	3,868
Effective Tax Rate (%)	18.18	3.38	2.96	2.49	5.43	- -	15.94	11.39	- -	- -	6.4	6.83	20.2	11.75
Profit Margin (%)	26.96	19.56	27.82	12.58	5.52	-0.11	5.91	13.04	-4.17	-1.12	19.53	23.14	5.39	12.63
Working Capital	8,488	5,053	519	10,149	1,487	3,852	4,460	8,033	7,243	4,798	8,649	18,171	14,488	9,557
LT Debt	18,815	25,809	31,595	43,377	42,839	50,840	50,728	51,409	48,284	46,370	43,577	39,630	34,614	31,171
Total Equity	20,705	23,085	25,007	33,517	33,134	33,136	34,530	36,694	38,393	37,300	43,969	56,040	56,815	59,914
Return on Invested Capital (%)	1.31	3.77	1.09	2.85	1.59	- -	2.78	3.88	- -	- -	7.72	13.13	3.05	6.42
Return on Capital (%)	0.97	2.26	3.59	2.1	1.19	- -	2.17	3.41	- -	- -	6.34	8.78	3.34	5.19
Return on Common Equity (%)	3.63	9.13	12.75	8.6	3.58	-0.07	4.33	10.47	-3.95	-1.11	24.76	28.12	3.53	8.11

	Mar'24	Jun'24	Sep'24
ST Debt	2,594	6,917	7,211
LT Borrowings	35,135	30,332	29,982
LT Finance Leases	1,350	1,250	1,189
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	3,690	3,688	3,685
Market Capitalization	180,865	156,836	180,008

Year	Q1	Q2	Q3	Q4	FY
2022	0.59	1.09	0.57	- -	2.52
2023	0.11	0.1	-0.02	- -	0.43
2024	0.27	0.28	0.26	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	8,914	11,876	10,014	9,472	40,277
2023	8,045	6,966	6,226	8,035	29,272
2024	7,348	7,184	8,045	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	0.03	0.03	- -	- -	- -
2023	0.18	- -	- -	- -	- -
2024	- -	- -	- -	- -	- -

Saudi Arabian Mining Company (Ma'aden)

Growth Rates

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Company Description

Working Capital

Capital Structure

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(avg. rate of change)

Quarterly Earnings Per Share

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Quarterly Revenue

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Quarterly Dividends Per Share

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