1. Kuwait Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
Combined Group Contracting Co. SAKC

Combined Group Contracting Co. SAKC

KKSE:CGC
738.00
KWF
-12.00
(-1.60%)
122.05EPS
9.88P/E
169.86BMarket Cap
Combined Group Contracting Co. SAKC
KSE:CGC
(Kuwait Stock Exchange)

Recent

price

738.00

P/E

ratio

9.88

div

yld

0.00%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
KWD
0.69
0.88
1.03
0.9
1.16
1.47
1.45
1.73
1.9
1.54
1.03
0.85
0.9
1.02
0.98
1.49
1.69
Revenue per Share
- -
0.06
0.06
0.03
0.03
0.02
0.03
0.03
0.03
0.02
-0.05
0.05
0.06
0.05
0.05
0.09
0.1
Basic EPS, GAAP
0.05
0.08
-0.01
-0.02
0.02
-0.07
-0.12
0.12
0.08
0.12
0.23
0.11
-0.08
0.03
-0.02
-0.07
0.07
Free Cash Flow per Basic Share
0.03
0.04
0.04
0.04
0.02
0.02
0.01
0.02
0.02
0.02
- -
0.01
0.02
0.03
0.03
0.03
- -
Dividend per Share
0.22
0.25
0.25
0.23
0.24
0.24
0.25
0.26
0.27
0.27
0.22
0.27
0.31
0.33
0.35
0.42
0.42
Book Value per Share
0.22
0.25
0.25
0.23
0.24
0.24
0.25
0.26
0.27
0.27
0.22
0.27
0.3
0.33
0.35
0.42
0.42
Tangible Book Value per Share
172
171
171
171
171
171
171
171
171
171
171
171
171
170
170
171
171
Basic Weighted Avg Shares
118
151
177
155
198
251
248
296
326
264
177
146
155
173
167
255
288
Sales/Revenue/Turnover
9.27
7.18
6.71
4.16
3.2
2.36
2.17
2.72
2.61
1.5
-4.04
3.05
8.29
6.37
6.48
6.16
6.29
Operating Margin (%)
5
5
5
6
6
7
8
9
11
10
8
6
4
5
6
11
12
Depreciation Expense
- -
10
10
5
5
4
4
5
5
4
-9
9
10
9
9
16
17
Net Income, GAAP
4.41
- -
4.45
1.46
4
4.51
5.28
5.41
3.58
1.68
- -
3.62
3.6
4.03
3.99
3.97
4.38
Effective Tax Rate (%)
-0.35
6.74
5.81
3.02
2.6
1.63
1.74
1.65
1.57
1.37
-5.08
6.42
6.35
5.22
5.45
6.21
5.95
Profit Margin (%)
51
48
49
33
37
45
47
32
24
30
39
56
65
54
46
59
52
Working Capital
5
2
3
2
2
6
4
10
8
11
7
11
10
10
9
20
20
LT Debt
36
41
44
42
45
45
46
46
48
49
40
48
54
56
61
73
74
Total Equity
20.6
18.67
17.47
8.11
7.52
6.18
4.99
6.19
6.8
3.56
- -
5.35
14.85
12.71
11.44
12.75
13.22
Return on Invested Capital (%)
1.86
20.3
15.96
5.16
5.56
5.53
7.01
7.36
6.6
4.74
- -
12.21
11.78
11.81
10.9
14.26
13.53
Return on Capital (%)
-1.23
26.63
24.75
11.27
12.65
9.83
10.15
11
11.15
7.72
-21.07
22.03
19.82
16.7
15.67
23.99
26.1
Return on Common Equity (%)

Capital Structure

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
38
45
46
LT Borrowings
17
19
16
LT Finance Leases
3
3
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
171
171
171
Market Capitalization
196
169
170

Working Capital

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
203
209
205
Cash, Cash Equivalents & STI
21
27
27
Accounts Receivable, Net
61
63
45
Inventories
15
17
20
Total Current Liabilities
144
152
153
Payables & Accruals
- -
- -
- -
ST Debt
38
45
46
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.55%
13.21%
20.23%
Free Cash Flow
-29.9%
-60.48%
224.28%
Net Income, GAAP
-48.71%
-26.59%
73.95%
Sales/Revenue/Turnover
2.55%
9.87%
52.66%
Total Cash Common Dividend
8,931.95%
17,884.7%
0.11%

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
42
39
39
47
167
2025
46
58
66
85
255
2026
63
75
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.01
0.01
0.01
0.05
2025
0.01
0.02
0.05
0.01
0.09
2026
0.01
0.02
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.03
2025
- -
- -
- -
- -
0.03
2026
- -
- -
- -
- -
- -
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Business
Combined Group Contracting Co. SAKC is a Kuwait-based engineering and general construction contracting company engaged in civil engineering, infrastructure development, commercial building construction, and oil and gas sector services. Founded in 1965 and headquartered in Kuwait City, Kuwait, the company operates across the Middle East and North Africa region, maintaining active project operations and branch offices in Kuwait, the United Arab Emirates, Saudi Arabia, Qatar, Oman, and Syria. The company operates across several integrated business divisions, providing civil and infrastructure engineering services, including the design, engineering, and construction of highways, bridges, interchanges, tunnels, stormwater drainage networks, potable water pipelines, sewage treatment systems, and marine structures; commercial, residential, and institutional building construction, covering corporate office complexes, educational institutions, healthcare facilities, government administrative buildings, and large-scale public housing developments; oil and gas contracting services, encompassing the fabrication and installation of flowlines, crude oil transmission pipelines, gathering centers, gas handling facilities, surplus water injection networks, and plant revamping; mechanical, electrical, and plumbing engineering works; industrial materials manufacturing, comprising the commercial production and supply of ready-mixed concrete, asphalt, asphalt emulsions, and crushed aggregates; and heavy equipment operations, providing fleet management, equipment leasing, and logistics support. The company caters to state-owned petroleum enterprises, government ministries, public housing authorities, municipal departments, and private real estate developers. In recent operational and strategic developments, the company has expanded its regional contract backlog through high-value project awards, notably securing multi-year engineering and maintenance contracts with the Kuwait Oil Company for repair and revamping services across West Kuwait production facilities, large-scale flowline network construction, and surplus water injection facilities in North Kuwait; winning strategic highway and arterial road rehabilitation packages in Kuwait, Oman, and Syria; expanding its pre-qualification footprint in Saudi Arabia for large-scale national infrastructure and energy programs; and executing comprehensive corporate reconciliation and debt settlement agreements with major international engineering partners.