National Industrialization Company

$ 9.35 -1.37 %

National Industrialization Company (NIC), established in Riyadh, Kingdom of Saudi Arabia, in 1985, is a diversified global conglomerate. The company is actively involved across several key industrial sectors, including chemicals, petrochemicals, plastics, engineering, and metals. Its operations are structured into three primary segments: Chemicals, Petrochemicals, and Downstream & Others. NIC's extensive product portfolio encompasses a wide array of chemicals and petrochemicals such as titanium dioxide, ethylene, polyethylene, propylene, polypropylene, butyl acrylate, acrylic acid, super absorbent polymers, and butanol. In the metals and plastics domains, it manufactures titanium sponges, plastic sheets, and other various plastic goods. Furthermore, the company specializes in producing diverse steel products, including towed steel wires, spring wires, and specialized steel wires for cables, electrical conductors, concrete reinforcement, and welding applications. It also produces and markets liquid batteries for automotive and industrial uses, alongside lead and sodium sulphate. Beyond manufacturing, NIC offers a broad spectrum of services. These include technical industrial support, the production of steel and non-steel castings, and undertaking technical tests for a range of industrial facilities, from chemical, petrochemical, and metal plants to water desalination and electricity generation units. The company also plays a role in establishing various plastic industries. Its service offerings extend to mechanical equipment and industrial instrument inspection, quality management, environmental system oversight, academic training, IT consultancy, and laboratory testing. Additionally, NIC is engaged in recycling used and damaged batteries, lead, plastics, industrial materials, and environmental waste. It produces and markets acrylic boards, chemical, petrochemical, and plastic items, plastic pallets, pipes, agri-films, and wastewater treatment solutions, as well as industrial dyes and paints.

CEO: Fawaz bin Mohammed Al-Fawaz - https://www.tasnee.com

Price objectif

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Recommandation

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DCF

$ 61.24

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2060.SR vs S&P500

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Quick ratio

0.60

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

-2.06

may indicate that the company is undervalued or has poor growth prospects.

EPS

-4.53

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

-33.58 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

-1.85 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

4.67

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.74

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

-0.56

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

0.00 %

the dividend payout ratio is the measure of dividends paid out to shareholders relative to the company's net income.

Earnings per share

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Financials

Piotroski score
2 indicates worrying financial health
Altman score
-0.46 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.35 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.28 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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