1. Saudi Arabia Stocks

  2. •

    Utilities

  3. •

    Gas distributors
National Gas & Industrialization Co.

National Gas & Industrialization Co.

TTADAWUL:2080
54.65
SAR
-1.60
(-2.84%)
3.67EPS
19.16P/E
5.26BMarket Cap
National Gas & Industrialization Co.
TADAWUL:2080
(Saudi Exchange)

Recent

price

54.65

P/E

ratio

19.16

div

yld

4.26%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SAR
21.08
20.95
25
23.84
23.98
25.4
26.35
26.47
25.36
25.63
26.17
25.36
27.51
32.68
38.16
43.41
47.07
Revenue per Share
1.2
1.42
1.78
1.52
2.03
1.89
1.96
1.7
1.2
1.46
1.83
2.68
2.85
3.03
3.32
3.32
3.66
Basic EPS, GAAP
2.11
2.9
2.3
1.57
2.43
1.22
2.4
3.23
2.1
2.8
-0.15
-0.61
2.76
0.34
-0.92
1.8
3.53
Free Cash Flow per Basic Share
0.5
0.7
- -
- -
1.82
1.42
- -
- -
- -
- -
- -
1.23
2.56
1
2.14
2.23
2.33
Dividend per Share
13.36
13.72
14.56
13.31
13.53
13.81
14.93
21.45
21.98
20.86
21.4
23.15
23.13
24.61
25.42
26.24
28.69
Book Value per Share
13.36
13.72
14.56
13.31
13.53
13.81
14.93
21.45
21.66
20.43
20.96
22.72
22.65
24.1
24.67
25.2
27.18
Tangible Book Value per Share
75
75
78
75
75
75
75
75
75
75
75
75
75
75
75
75
75
Basic Weighted Avg Shares
1,581
1,571
1,958
1,788
1,798
1,907
1,976
1,985
1,902
1,923
1,963
1,902
2,064
2,451
2,862
3,256
3,530
Sales/Revenue/Turnover
5.51
-1.15
17.34
5.28
7.47
6.81
6.34
7.57
4.45
1.48
2.61
3.98
5.3
5.25
5.25
5.91
6.32
Operating Margin (%)
59
62
66
- -
83
85
- -
- -
- -
- -
94
96
115
113
117
75
95
Depreciation Expense
90
106
139
114
152
142
147
127
90
109
137
201
214
227
249
249
275
Net Income, GAAP
8.47
3.27
2.88
- -
4.12
3.69
- -
- -
- -
- -
8.4
6.61
6.57
6.19
- -
- -
0.32
Effective Tax Rate (%)
5.7
6.77
7.12
6.37
8.47
7.44
7.43
6.42
4.73
5.69
6.97
10.59
10.37
9.27
8.69
7.65
7.78
Profit Margin (%)
539
978
26
68
81
67
140
185
99
229
314
268
100
27
36
95
128
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
146
113
88
37
7
52
57
LT Debt
1,002
1,029
1,092
998
1,015
1,036
1,119
1,609
1,648
1,565
1,605
1,736
1,735
1,846
1,906
1,968
2,242
Total Equity
8.01
-1.72
12.19
9.03
12.74
12.1
11.58
11.02
5.2
1.77
2.12
3.62
5.25
6.1
- -
- -
9.89
Return on Invested Capital (%)
9.05
10.47
13.15
10.9
15.13
13.84
13.62
9.33
5.52
6.82
8.4
11.38
11.85
12.27
- -
- -
12.4
Return on Capital (%)
9.05
10.47
13.15
10.9
15.13
13.84
13.62
9.33
5.52
6.81
8.64
12.05
12.33
12.7
13.26
12.86
13.46
Return on Common Equity (%)

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
25
26
136
LT Borrowings
36
36
41
LT Finance Leases
16
16
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
75
75
75
Market Capitalization
7,110
6,285
5,261

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
766
734
992
Cash, Cash Equivalents & STI
247
227
337
Accounts Receivable, Net
62
65
91
Inventories
301
286
306
Total Current Liabilities
672
566
864
Payables & Accruals
- -
- -
- -
ST Debt
25
26
136
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.28%
4.2%
3.26%
Free Cash Flow
-98.91%
-202.62%
-295.35%
Net Income, GAAP
7.68%
13.84%
0.15%
Sales/Revenue/Turnover
5.78%
10.94%
13.76%
Total Cash Common Dividend
- -
- -
4.51%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
703
641
720
798
2,862
2025
835
735
794
892
3,256
2026
960
883
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.05
0.77
0.69
0.8
3.32
2025
0.83
0.72
0.93
0.85
3.32
2026
1.1
0.79
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
- -
1.11
0.03
2.14
2025
1.09
- -
1.14
- -
2.23
2026
1.16
0.02
- -
- -
- -
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Business
National Gas and Industrialization Co. (GASCO) (2080.SR) manufactures, markets, and distributes liquefied petroleum gas (LPG) including propane and butane, industrial gases, and related derivatives in the Kingdom of Saudi Arabia and internationally; it produces, sells, and maintains gas cylinders, cages, tanks, and accessories; maintains gas networks and related equipment; transports and markets petroleum, chemical, petrochemical, and glass products; develops and maintains LPG networks, tanks, and solutions; establishes and participates in energy production, water treatment, and environmental services projects; provides technical and engineering consulting, training in gas and energy operations; and invests in real estate including land acquisition for building construction, lease, and sale. GASCO operates filling stations, transportation fleets, and distribution networks serving residential, industrial, agricultural, and commercial customers primarily within Saudi Arabia. The company, founded in 1963 through the merger of National Gas Company in Dammam and Saudi Manufacturing Company, maintains headquarters in Riyadh, Saudi Arabia. In a major recent development, GASCO's Extraordinary General Meeting approved its transformation into a holding company structure and elected a new board of directors for a four-year term commencing November 29, 2025; the company reported net profits of SAR 185.6 million for the first nine months of 2025, with SAR 69.7 million in the third quarter, alongside announcements of dividends including 11.5% for the first half of 2025 and 11% for the second half of 2024.