Saudi Ceramic Company

Saudi Ceramic Company

2040.SR
Saudi Ceramic CompanySA flagSaudi Exchange
26.10
SAR
-0.32
- -
2.60BMarket Cap
Saudi Ceramic Company
2040.SR
(Saudi Exchange)

Recent

price

26.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
10.8
12.22
14.48
16.01
16.21
16.59
13.04
11.4
10.28
12.43
15.26
15.4
14.88
14.59
13.51
14.95
14.72
Revenue per Share
2.21
2.32
2.48
3.09
3.1
2.84
0.2
-0.97
-2.21
0.07
0.78
2.35
1.74
-2.33
-0.72
1.81
0.6
Basic EPS, GAAP
-1.9
-2.03
0.11
1.06
1.51
1.79
-0.03
1.52
1.51
0.43
3.72
2.27
1.01
-1.45
1
0.17
0.31
Free Cash Flow per Basic Share
0.77
0.9
0.89
0.95
1.13
1.01
1.01
- -
- -
- -
- -
0.6
1
0.44
- -
0.5
- -
Dividend per Share
8.77
10.2
11.54
13.37
15.26
16.82
16.01
- -
- -
12.06
12.82
14.35
15.11
13.98
14.31
15.64
16.41
Book Value per Share
10.04
11.47
13.06
15.21
17.15
18.57
17.75
16.31
14.59
14.55
15.39
17.17
17.91
16.8
14.2
15.49
16.31
Tangible Book Value per Share
100
100
100
100
100
100
100
100
100
99
99
100
100
90
100
100
95
Basic Weighted Avg Shares
1,080
1,221
1,447
1,601
1,621
1,658
1,304
1,140
1,028
1,235
1,516
1,535
1,485
1,315
1,349
1,490
1,402
Sales/Revenue/Turnover
21.71
21.01
17.82
20.98
18.52
18.87
7.53
-5.53
-15.6
5.5
8.89
17.38
13.44
-1.18
-1.21
6.94
-0.44
Operating Margin (%)
101
121
129
140
160
167
176
- -
- -
133
132
130
132
139
137
161
147
Depreciation Expense
221
232
248
309
310
284
20
-97
-221
7
78
234
174
-210
-72
181
57
Net Income, GAAP
2.79
3.12
3.35
2.74
2.58
5.29
52.7
- -
- -
88.26
31.04
10.36
12.41
- -
- -
2.41
10.21
Effective Tax Rate (%)
20.43
19
17.11
19.33
19.13
17.12
1.55
-8.52
-21.46
0.58
5.13
15.23
11.71
-16
-5.33
12.12
4.09
Profit Margin (%)
160
173
275
119
369
588
375
175
50
375
423
546
514
358
131
350
268
Working Capital
- -
- -
570
421
567
669
430
- -
- -
635
521
475
352
365
282
348
284
LT Debt
1,004
1,147
1,306
1,521
1,716
1,855
1,775
1,630
1,458
1,447
1,529
1,712
1,786
1,514
1,425
1,554
1,559
Total Equity
15.82
17.53
13.4
14.12
11.65
10.92
1.69
- -
- -
0.34
3.76
10.02
7.08
- -
- -
4.43
- -
Return on Invested Capital (%)
17.46
19.27
15.35
15.06
13.79
11.58
0.95
- -
- -
1.14
4.95
11.76
8.9
- -
- -
9.98
9.62
Return on Capital (%)
27.43
24.48
22.79
24.85
21.67
17.7
1.23
-12.12
- -
1.19
6.28
17.29
11.84
-15.2
-5.35
12.1
3.73
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
551
555
596
LT Borrowings
219
206
193
LT Finance Leases
63
71
91
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
100
100
Market Capitalization
3,342
2,837
2,855

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,010
1,005
1,161
Cash, Cash Equivalents & STI
42
26
95
Accounts Receivable, Net
222
299
276
Inventories
705
679
790
Total Current Liabilities
879
841
893
Payables & Accruals
- -
- -
- -
ST Debt
551
555
596
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.39%
0.85%
9.08%
Free Cash Flow
-495.07%
-116.42%
-82.71%
Net Income, GAAP
-12.6%
-92.59%
-351.45%
Sales/Revenue/Turnover
-0.12%
-0.08%
10.5%
Total Cash Common Dividend
- -
- -
24.65%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
346
276
345
382
1,349
2025
385
290
460
- -
1,490
2026
383
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
-0.1
0.07
- -
-0.72
2025
0.21
1.13
- -
- -
1.81
2026
0.22
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -
Business
Saudi Ceramic Company manufactures and markets a comprehensive range of ceramic products, including ceramic, porcelain, outdoor, and swimming pool tiles; sanitary ware such as wash basins, water closets, wall hangings, and above counters; water heaters including electric, solar, and central heaters; bathroom furniture and accessories including bathtubs, shower trays, taps, and seat covers; red bricks; bathroom fixtures and finishes; and industrial minerals such as limestone, silica sands, kaolin, feldspar, clay, dolomite, and calcite. The company operates primarily in Saudi Arabia with international sales and has diversified factories covering ceramic and porcelain sectors, sanitary ware, water heaters, and related construction materials. Founded in 1977 and headquartered in Riyadh, Saudi Arabia, it is recognized as one of the largest regional producers in its categories. Recent major developments include the opening of two new retail showrooms in Riyadh in October 2025 as part of its expansion in the retail sector, bringing its total showroom count within Saudi Arabia to 65 to enhance product accessibility. The company also made significant progress toward commercial production at a new porcelain tiles factory with a capacity of 8.25 million square meters, expected to start full operations in early 2024. Financially, Saudi Ceramic reported a sharp increase in profitability in 2025 driven by operational improvements and a SAR 120 million insurance settlement related to a factory fire in 2023. The firm continues its strategic emphasis on increased profit margins, cost control, market expansion, and branch network growth to sustain operational and financial performance gains. Saudi Ceramic maintains its leadership in the ceramic and sanitary ware industries while aggressively expanding its footprint in the Saudi retail market and enhancing production capacity with new state-of-the-art facilities. Its strategic focus incorporates manufacturing excellence, comprehensive product offerings for construction and bathroom solutions, and sustained geographic growth primarily across the Kingdom of Saudi Arabia with international market aspirations. This positions Saudi Ceramic as a dominant integrated manufacturer and marketer in the region's building materials sector with ongoing modernization and expansion initiatives as of late 2025.