National Co. for Learning & Education

National Co. for Learning & Education

TTADAWUL:4291
115.20
SAR
-6.40
(-5.26%)
4.90EPS
24.05P/E
5.07BMarket Cap
Nov 23Next Earn
2014 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2025 Y
TTM
Revenue per Share
8.19
- -
6.62
6.93
7.18
6.81
4.92
5.07
4.1
7.18
10.38
- -
18.01
Basic EPS, GAAP
2.57
- -
2.12
2.22
2.26
1.63
1.25
1.34
0.57
1.65
2.37
- -
4.9
Free Cash Flow per Basic Share
3.61
- -
2.95
1.31
2.08
3.12
1.6
-0.39
1.77
2.2
3.02
- -
0.5
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
0.8
0.8
0.8
1.2
- -
- -
Book Value per Share
13.9
- -
15.03
9.93
11.3
11.42
14.08
14.53
14.3
15.13
16.39
- -
21.42
Tangible Book Value per Share
13.9
- -
13.91
9.18
11.3
11.02
13.81
12.63
12.41
13.27
14.26
- -
19.35
Basic Weighted Avg Shares
20
20
30
30
30
30
40
43
43
43
43
43
43
Sales/Revenue/Turnover
164
- -
199
208
215
204
198
218
176
309
446
- -
775
Operating Margin (%)
31.18
- -
33.23
33.56
35.49
27.83
27.16
31.88
19.15
26.92
26.3
- -
30.74
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
9
16
27
35
- -
71
Net Income, GAAP
51
- -
64
67
68
49
50
58
24
71
102
- -
211
Effective Tax Rate (%)
2.68
- -
2.69
3.42
3.22
3.07
3.57
7.54
14.13
3.92
3.04
- -
2.29
Profit Margin (%)
31.39
- -
32
32.01
31.52
23.93
25.46
26.53
13.89
23.03
22.8
- -
27.22
Working Capital
26
- -
27
30
55
32
230
100
81
50
-34
- -
-8
LT Debt
34
- -
19
55
58
45
34
93
79
131
299
- -
470
Total Equity
278
- -
301
298
339
343
606
625
615
651
705
- -
921
Return on Invested Capital (%)
- -
- -
- -
19.76
19.6
14.05
10.14
8.87
4.05
10.27
12.21
- -
18.01
Return on Capital (%)
- -
- -
- -
20.52
19.23
12.46
10.14
8.78
3.87
10.11
12.01
- -
18.06
Return on Common Equity (%)
- -
- -
- -
22.23
21.32
14.34
10.63
9.4
3.95
11.23
15.02
- -
24.77

Capital Structure

SAR

•

in mil. unless spec.
Oct'26
Jan'26
Apr'26
ST Debt
60
71
87
LT Borrowings
56
85
134
LT Finance Leases
299
306
337
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
43
43
43
Market Capitalization
7,439
5,538
5,070

Working Capital

SAR

•

in mil. unless spec.
Oct'26
Jan'26
Apr'26
Total Current Assets
281
205
232
Cash, Cash Equivalents & STI
115
27
26
Accounts Receivable, Net
95
103
119
Inventories
11
11
11
Total Current Liabilities
336
290
240
Payables & Accruals
- -
- -
- -
ST Debt
60
71
87
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
164
164
165
- -
- -
2026
185
212
212
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.89
0.93
0.99
- -
- -
2026
0.83
1.51
1.57
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

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

Company Description

CEO
Mohammed Khaled Mohammed Al-Khudair
Full Time Employees
2,100
Sector
Consumer services
Industry
Other consumer services
Address
Prince Muqrin bin Abdul Aziz Street Riyadh Riyadh Province Saudi Arabia 11531
IPO Date
Nov 18, 2018
Website
edu.com.sa
Business
National Company for Learning and Education (NCLE), also known as Educa (4291.SR), owns, establishes, manages, and operates kindergarten, primary, middle, and secondary schools across the Kingdom of Saudi Arabia; it delivers education through the Saudi national curriculum and American international curriculum under the Al-Tarbiyah Al-Namouthajiyah Schools brand; the company invests in sports facilities, entertainment venues, and sports clubs tailored for school students. Its portfolio encompasses six operational campuses in Riyadh and Qassim under Al-Tarbiyah Al-Namouthajiyah Schools, alongside acquired entities including Al-Ghad Schools and Al-Khwarizmi Schools; educational complexes accommodate over 40,500 students with approximately 3,300 employees, featuring advanced classrooms, laboratories, workshops, and recreational amenities spanning more than 250,000 square meters. Founded in 1958 as the first private girls' school in Riyadh and headquartered in Riyadh, Saudi Arabia, NCLE transformed into the Kingdom's inaugural closed joint-stock education company in 2002, later listing publicly on the Saudi Exchange. Recent developments include signing a land lease contract announced in June 2025 to support expansion, alongside ongoing construction of new complexes in Dhahran and two additional projects slated for student intake in 2024-2025; the company pursues further acquisitions, geographic expansion into all Saudi regions per strategic studies, and technology integration to align with Vision 2030's education goals.