1. Saudi Arabia Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Saudi Arabian Amiantit Co.

Saudi Arabian Amiantit Co.

TTADAWUL:2160
9.14
SAR
-0.58
(-5.97%)
-4.50EPS
634.30MMarket 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
140
121.9
129.41
60.69
35.25
42.12
34.69
14.85
14.6
16.91
16.22
19.14
15.53
11.45
Basic EPS, GAAP
5.04
3.69
4.51
-10.36
-4
-10.38
-15.05
-13.11
-5.7
-0.29
-3.94
9.92
-1.75
-4.3
Free Cash Flow per Basic Share
8.43
-2.34
-8.46
16.88
10.07
13.03
9.21
-2.85
0.66
-1.51
0.87
-0.82
-0.2
0.12
Dividend per Share
5.05
5.05
- -
3.34
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
68.43
62.78
56.66
42.63
40.11
29.88
14.74
17.33
10.77
11.21
5.57
19.87
19.09
16.29
Tangible Book Value per Share
67.88
62.18
56.08
42.24
39.68
29.5
14.36
17.07
10.53
10.99
5.4
19.84
19.05
16.25
Basic Weighted Avg Shares
22
22
22
22
22
22
22
30
30
30
44
44
45
45
Sales/Revenue/Turnover
3,131
2,726
2,909
1,364
792
948
780
441
439
509
719
848
691
510
Operating Margin (%)
7.74
5.79
7.6
-0.46
0.46
-1.6
-31.19
-40.86
-39.17
-2.86
-1.28
-13.29
-11.98
-23.79
Depreciation Expense
69
105
130
63
63
95
173
32
31
26
32
32
26
26
Net Income, GAAP
113
83
101
-233
-90
-234
-338
-389
-171
-9
-175
440
-78
-191
Effective Tax Rate (%)
32.19
43.93
34.23
- -
- -
- -
- -
- -
- -
135.29
- -
6.92
- -
- -
Profit Margin (%)
3.6
3.03
3.49
-17.08
-11.35
-24.65
-43.37
-88.28
-39.03
-1.73
-24.29
51.85
-11.3
-37.55
Working Capital
949
686
506
224
92
-130
-468
-582
-738
-452
-622
406
41
-32
LT Debt
97
48
427
466
320
158
7
7
5
6
4
189
4
4
Total Equity
1,691
1,519
1,352
1,010
949
714
362
544
345
361
195
912
873
745
Return on Invested Capital (%)
4.24
2.73
4.2
- -
- -
- -
- -
- -
- -
0.24
- -
-9.82
- -
- -
Return on Capital (%)
5.4
4.45
5.45
- -
- -
- -
- -
- -
- -
-0.93
- -
35.02
- -
- -
Return on Common Equity (%)
7.19
5.51
7.43
-20.52
-9.51
-29.2
-66.35
-90.48
-40.37
-2.65
-69.13
83.9
-9.03
-23.37

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
230
227
233
LT Borrowings
- -
- -
- -
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
45
45
45
Market Capitalization
700
604
634

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
959
905
866
Cash, Cash Equivalents & STI
28
32
37
Accounts Receivable, Net
414
386
349
Inventories
260
256
250
Total Current Liabilities
918
905
898
Payables & Accruals
- -
- -
- -
ST Debt
230
227
233
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.01%
57.09%
-4.19%
Free Cash Flow
-138.89%
-181.69%
-75.4%
Net Income, GAAP
109.71%
253.71%
-117.76%
Sales/Revenue/Turnover
-8.03%
11.24%
-18.53%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
200
195
217
236
848
2025
183
168
171
169
691
2026
96
74
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10.7
0.12
0.29
-1.18
9.92
2025
0.24
-0.46
-0.11
-1.42
-1.75
2026
-1.23
-1.53
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Feras Ghassab Sulieman Al-Harbi
Full Time Employees
1,179
Sector
Non-energy minerals
Industry
Steel
Address
First Industrial Area Dammam Eastern Province Saudi Arabia 31421
IPO Date
May 1, 1996
Website
amiantit.com
Similar Companies
Tata Steel Limited (NSE:TATASTEEL)
JSW Steel Limited (NSE:JSWSTEEL)
Eregli Demir Ve Celik Fabrikalari T.A.S. (BIST:EREGL)
Steel Authority of India Limited (NSE:SAIL)
Kardemir Karabiik Demir celik Sanayi ve Ticaret A.S. Class D (BIST:KRDMD)
Severstal (MOEX:CHMF)
Business
The Saudi Arabian Amiantit Company manufactures and sells pipe systems, storage tanks, and related products, including ductile iron pipes and fittings, glass reinforced polyester and vinyl ester pipes, glass reinforced epoxy pipes, high density polyethylene pipes, ductile iron valves, and rubber products; it also owns and licenses pipe technologies and provides water management services encompassing consultancy, engineering, operations, installation, design, implementation, and turnkey construction of water and wastewater treatment plants. The company operates through segments including pipe systems, technology, trading, and water management, serving municipal water and wastewater, oil and gas, industrial, energy, petrochemical, agricultural, civil engineering, and public utilities sectors with target customers such as municipalities, governments, and infrastructure developers. Founded in 1968 and headquartered in Dammam, Saudi Arabia, it maintains manufacturing plants, technology units, and sales networks primarily in the Middle East with global reach through subsidiaries and joint ventures. Recent developments include signing a memorandum of understanding with Saudi Arabia Railways in October 2025 to develop railway infrastructure; securing a SAR 41.3 million pipe supply contract in September 2025; awarding a $23.8 million contract in October 2024 for pipes in the Najran water project second phase; launching a probe into Indian pipe imports in July 2025; and organizing workshops for Riyadh Municipality on fiber-reinforced plastic materials quality in 2025.