1. Saudi Arabia Stocks

  2. •

    Non-energy minerals

  3. •

    Other metals/Minerals
National Gypsum Co.

National Gypsum Co.

TTADAWUL:2090
9.72
SAR
-0.35
(-3.48%)
-1.14EPS
475.32MMarket Cap
2013 Y
2014 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
2.54
2.62
2.49
2.62
1.38
1.93
2.22
3.28
2.7
1.73
1.64
2
1.91
2
Basic EPS, GAAP
0.57
0.69
0.65
0.53
-0.51
0.54
0.34
1
0.66
-0.2
0.16
-0.4
-0.97
-1.14
Free Cash Flow per Basic Share
0.84
0.88
1.15
0.95
-0.17
0.42
0.15
1.52
0.41
-0.19
-0.36
-1.04
-1.13
-0.3
Dividend per Share
- -
- -
- -
- -
- -
- -
0.45
0.35
0.6
1
- -
- -
- -
- -
Book Value per Share
15.29
15.05
14.73
14.65
13.64
14.18
13.77
14.54
14.6
11.26
11.44
10.96
9.84
17.57
Tangible Book Value per Share
15.29
15.05
14.73
14.65
13.64
14.18
13.77
14.54
14.6
11.26
11.44
10.96
9.84
17.57
Basic Weighted Avg Shares
32
32
32
32
32
32
32
32
32
32
32
32
32
32
Sales/Revenue/Turnover
81
83
79
83
44
61
70
104
86
55
52
63
61
63
Operating Margin (%)
23.18
28.17
27.07
18.36
-19.23
18.64
17.01
34.41
25.85
-14.34
-11.79
-9.82
-22.16
-26.65
Depreciation Expense
19
1
1
1
- -
- -
8
8
9
12
10
11
11
11
Net Income, GAAP
18
22
21
17
-16
17
11
32
21
-6
5
-13
-31
-36
Effective Tax Rate (%)
13.94
13.72
15.39
21.9
- -
- -
24.83
11.07
14.18
- -
45.3
- -
- -
- -
Profit Margin (%)
22.42
26.22
26.06
20.07
-36.96
27.91
15.54
30.62
24.26
-11.77
9.88
-20.05
-50.84
-56.83
Working Capital
85
93
118
127
109
119
107
122
130
74
46
26
-11
-11
LT Debt
6
- -
- -
- -
- -
- -
- -
7
7
6
6
5
4
4
Total Equity
484
477
470
467
435
452
436
461
462
357
362
347
312
556
Return on Invested Capital (%)
3.21
3.55
2.32
2.54
- -
2.57
2.01
6.97
4.02
- -
-0.73
- -
- -
- -
Return on Capital (%)
3.91
4.42
4.32
3.56
- -
3.85
2.46
7.04
4.45
- -
1.43
- -
- -
- -
Return on Common Equity (%)
3.8
4.52
4.36
3.58
-3.61
3.88
2.46
7.09
4.5
-1.57
1.43
-3.58
-9.35
-7.97

Capital Structure

SAR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
33
32
33
LT Borrowings
- -
- -
- -
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
652
480
475

Working Capital

SAR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
54
42
46
Cash, Cash Equivalents & STI
3
2
4
Accounts Receivable, Net
18
14
15
Inventories
20
14
16
Total Current Liabilities
49
52
57
Payables & Accruals
- -
- -
- -
ST Debt
33
32
33
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.69%
-7.07%
-10.23%
Free Cash Flow
44.57%
15%
8.01%
Net Income, GAAP
-81.65%
-110.03%
142.66%
Sales/Revenue/Turnover
1.93%
-8.21%
-4.33%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17
16
17
13
63
2025
17
16
16
11
61
2026
19
- -
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.03
-0.31
-0.14
-0.4
2025
0.04
0.01
0.03
-1.05
-0.97
2026
-0.12
- -
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Fahad Bin Thonayan Al-Thonayan
Full Time Employees
280
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Prince Muhammad Bin Abdulaziz Road Dammam EP Saudi Arabia 11411
IPO Date
Feb 1, 1999
Website
gypsco.com.sa
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Business
National Gypsum Company (NGC: 2090.SR) extracts gypsum from licensed areas in Saudi Arabia, manufactures its derivatives using mechanical and chemical methods, and distributes products domestically and internationally. The company produces gypsum powder, plasterboards, and construction materials including plaster derivatives for building applications; it operates factories in Riyadh, Yanbu, and Dammam. Founded in 1959 and headquartered in Riyadh, Saudi Arabia, National Gypsum focuses on the basic materials sector, serving construction markets in the Kingdom and abroad with a capital of SAR316.66 million following multiple increases to support expansions. In February 2025, the company signed a contract with LVJOE Machinery to upgrade its Riyadh plaster plants, enhancing production capacity amid ongoing growth in gypsum manufacturing operations. NGC maintains privileges to establish subsidiaries, form joint ventures, and acquire stakes in related entities to meet market demands.