National Cleaning Company

National Cleaning Company

KKSE:CLEANING
292.00
KWF
-8.00
(-2.67%)
15.08EPS
17.83P/E
62.76BMarket Cap
2010 Y
2011 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.21
0.12
0.15
0.16
0.17
0.17
0.17
0.16
0.15
0.15
0.15
0.16
0.16
0.16
Basic EPS, GAAP
0.01
0.01
- -
- -
0.01
0.01
0.01
-0.01
-0.01
-0.01
- -
- -
0.01
0.01
Free Cash Flow per Basic Share
0.01
- -
- -
0.02
0.04
0.02
-0.1
0.01
-0.01
0.03
0.03
0.01
0.02
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.1
0.14
0.15
0.15
0.16
0.15
0.16
0.14
0.14
0.12
0.12
0.13
0.15
0.16
Tangible Book Value per Share
0.06
0.1
0.12
0.12
0.13
0.13
0.13
0.12
0.11
0.1
0.1
0.1
0.13
0.14
Basic Weighted Avg Shares
131
262
259
259
255
236
233
231
231
231
231
231
243
245
Sales/Revenue/Turnover
27
31
40
41
44
39
39
36
35
35
35
37
39
39
Operating Margin (%)
3.68
5.71
3.03
3.23
4.75
5.74
6.3
-6.12
-8.34
-9.44
-1.74
-1.73
1.91
4.94
Depreciation Expense
4
6
7
7
7
4
4
- -
7
7
7
6
5
3
Net Income, GAAP
1
2
- -
- -
1
1
2
-2
-2
-3
- -
1
3
4
Effective Tax Rate (%)
12.89
4.5
0.71
17.55
5.47
4.37
3.51
- -
- -
- -
- -
10.01
3.7
3.48
Profit Margin (%)
4.87
5.26
0.97
0.87
2.99
3.75
4.06
-6.74
-6.26
-9.64
1.32
3.02
6.93
8.96
Working Capital
4
12
18
16
15
12
4
4
1
-9
-5
9
10
8
LT Debt
1
- -
26
19
16
12
31
32
33
25
22
24
13
17
Total Equity
22
34
40
40
40
37
37
35
32
26
26
28
35
37
Return on Invested Capital (%)
3.35
5.87
1.95
1.17
3.03
3.53
3.18
- -
- -
- -
1.41
2.07
5.31
5.84
Return on Capital (%)
5.79
6.43
2.16
1.4
2.94
3.2
3.12
- -
- -
- -
1.7
3.11
5.63
6.81
Return on Common Equity (%)
6.14
5.86
1.06
0.94
3.39
3.89
4.4
-6.96
-6.71
-11.38
1.62
3.89
8.14
10.39

Capital Structure

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7
8
8
LT Borrowings
13
18
17
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
245
245
245
Market Capitalization
30
34
63

Working Capital

KWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
41
40
42
Cash, Cash Equivalents & STI
6
4
5
Accounts Receivable, Net
25
24
24
Inventories
1
1
1
Total Current Liabilities
31
32
33
Payables & Accruals
- -
- -
- -
ST Debt
7
8
8
Deferred Revenue
- -
- -
- -

Growth Rates

KWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.62%
1.4%
27.19%
Free Cash Flow
-90.76%
-117.95%
101.69%
Net Income, GAAP
24.26%
43.57%
140.77%
Sales/Revenue/Turnover
-0.02%
1.68%
4.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9
9
9
10
37
2025
8
8
- -
10
39
2026
10
10
- -
- -
- -

Quarterly Earnings Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.01
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

KWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yousef Saeed Ismael Dashti
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Kuwait City Kuwait
IPO Date
Mar 30, 1996
Website
ncc-kw.com
Business
National Cleaning Company K.S.C.P. is a Kuwait-based environmental services and waste management contractor established in 1978 and headquartered in Kuwait City, Kuwait. The company operates across three primary business segments: Cleaning, Agriculture, and Financial Investment. Its comprehensive portfolio of products and services comprises municipal solid waste collection and haulage; hazardous, industrial, and medical waste management; operation, monitoring, and maintenance of landfills and transfer stations; municipal street sweeping, beach cleaning, and public area sanitation; commercial, institutional, and residential janitorial and facility maintenance services; specialized pest control and fumigation; environmental pollution abatement, oil-contaminated soil remediation, and secure industrial destruction; landscape engineering, irrigation network installation, and public park maintenance; wholesale and retail trading in cleaning chemicals, sanitization consumables, and agricultural machinery; and commercial freight trucking and heavy equipment leasing. The company serves public sector entities, municipalities, oil and gas corporations, educational institutions, healthcare facilities, and private enterprises across Kuwait, with additional international project execution across Turkey, Iraq, and India. It conducts operations directly and through specialized subsidiaries, including Afaq Alkhateej Holding Company, Akad Al-Raedah Holding Company, and Al-Wadi Al-Kuwaiti Holding Company. In recent developments, National Cleaning Company renewed a 10 million Kuwaiti Dinar credit facility agreement with a local financial institution to support ongoing municipal contracts and operational capital requirements, adapted its service offerings to comply with Kuwait Municipality's updated waste hierarchy frameworks emphasizing recycling and sustainability, expanded industrial environmental processing capabilities across licensed facilities including Mina Abdullah, and broadened commercial outreach through active affiliations including formal engagement with the American Business Council in Kuwait.