Maharah 9M 2024 profit rises 43% to SAR 125.5M; Q3 at SAR 24.4M

10/11/2024 Argaam Exclusive

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Maharah Human Resources Co. recorded a 43% net profit jump to SAR 125.5 million before minority interest in the first nine months of 2024, compared to SAR 87.8 million a year earlier.

Financials (M)

Item	9m 2023	9m 2024	Change‬
Revenues	1,396.11	1,614.03	15.6 %
Gross Income	183.65	196.92	7.2 %
Operating Income	81.97	98.56	20.2 %
Net Income	87.77	125.51	43.0 %
Average Shares	475.00	475.00	-
EPS (Riyals)	0.18	0.26	43.0 %

The nine-month leap was buoyed by a 16% year-on-year (YoY) rise in the company’s consolidated revenue to SAR 1.61 billion, as revenue from the corporate segment and the hourly services segment grew by 20% and 26% YoY, respectively. This growth was buoyed by an increase in average number of workforce in those segments by 1% and 4%, respectively, to match the rising demand for offered services.

Gross profit also increased by 7% YoY on the corporate and hourly services segments.

Maharah recorded a decrease in doubtful debt provisions by SAR 7.7 million, compared to the same period of the previous year, according to the expected credit loss model (ECL). Meanwhile, other income rose SAR 7.7 million, compared to 9M 2023.

Moreover, Maharah reported a 57% YoY increase in its profit share from Care Shield Holding Co. and Saudi Medical Systems Co., with profits from investments in associates reaching SAR 48.6 million during this period.

On the other hand, the company reported a YoY rise of SAR 1.9 million in selling and distribution expenses. Finance costs also increased by SAR 4.3 million.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2023	Q3 2024	Change‬
Revenues	471.49	558.40	18.4 %
Gross Income	61.96	63.39	2.3 %
Operating Income	19.66	24.74	25.8 %
Net Income	20.40	24.37	19.5 %
Average Shares	475.00	475.00	-
EPS (Riyals)	0.04	0.05	19.5 %

Item	Q2 2024	Q3 2024	Change‬
Revenues	537.10	558.40	4.0 %
Gross Income	70.25	63.39	(9.8 %)
Operating Income	42.39	24.74	(41.6 %)
Net Income	51.11	24.37	(52.3 %)
Average Shares	475.00	475.00	-
EPS (Riyals)	0.11	0.05	(52.3 %)

The third-quarter net income increased by 19% to SAR 24.4 million, from SAR 20.4 million in Q3 2023 on the back of an 18% YoY rise in the company’s consolidated revenue to SAR 558.4 million, as revenue from the corporate segment and the hourly services segment increased by 24% and 16% YoY, respectively. Other income rose by SAR 4.2 million, compared to Q3 2023.

Compared to the previous quarter, Maharah’s net earnings dropped 52.3% from SAR 51.1 million as gross profit dropped 10% on a sequential basis. On the other hand, consolidated revenue grew 4% quarterly.

Total shareholders’ equity, after minority interest, rose to SAR 623.03 million as of Sept. 30, 2024, from SAR 620.58 million in the year-earlier period.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	-	-	-	-	-	-
Q2 2015	-	-	-	-	-	-
Q3 2015	-	-	-	-	-	-
Q4 2015	-	-	-	-	-	-
2015	957.76	125.0 %	264.55	88.8 %	205.26	134.9 %
Q1 2016	-	-	-	-	-	-
Q2 2016	-	-	-	-	-	-
Q3 2016	-	-	-	-	-	-
Q4 2016	-	-	-	-	-	-
2016	1,181.43	23.4 %	336.79	27.3 %	242.22	18.0 %
Q1 2017	-	-	-	-	-	-
Q2 2017	-	-	-	-	-	-
Q3 2017	-	-	-	-	-	-
Q4 2017	300.87	-	85.38	-	46.36	-
2017	1,167.95	(1.1 %)	303.18	(10.0 %)	199.90	(17.5 %)
Q1 2018	327.38	-	62.73	-	42.98	-
Q2 2018	337.52	-	77.03	-	61.53	-
Q3 2018	343.90	-	82.49	-	69.59	-
Q4 2018	343.12	14.0 %	76.13	(10.8 %)	54.02	16.5 %
2018	1,351.92	15.8 %	298.38	(1.6 %)	228.12	14.1 %
Q1 2019	372.88	13.9 %	79.77	27.2 %	60.85	41.6 %
Q2 2019	367.22	8.8 %	86.93	12.8 %	70.77	15.0 %
Q3 2019	386.37	12.3 %	106.27	28.8 %	87.11	25.2 %
Q4 2019	385.83	12.4 %	106.84	40.3 %	85.20	57.7 %
2019	1,512.30	11.9 %	379.81	27.3 %	303.93	33.2 %
Q1 2020	389.76	4.5 %	79.03	(0.9 %)	59.76	(1.8 %)
Q2 2020	352.49	(4.0 %)	73.89	(15.0 %)	54.45	(23.1 %)
Q3 2020	342.07	(11.5 %)	62.79	(40.9 %)	47.47	(45.5 %)
Q4 2020	332.04	(13.9 %)	46.98	(56.0 %)	21.35	(74.9 %)
2020	1,416.36	(6.3 %)	262.69	(30.8 %)	183.03	(39.8 %)
Q1 2021	321.61	(17.5 %)	55.17	(30.2 %)	33.50	(44.0 %)
Q2 2021	322.62	(8.5 %)	53.86	(27.1 %)	41.94	(23.0 %)
Q3 2021	324.83	(5.0 %)	54.29	(13.5 %)	36.31	(23.5 %)
Q4 2021	349.67	5.3 %	56.59	20.5 %	34.28	60.6 %
2021	1,318.73	(6.9 %)	219.90	(16.3 %)	146.03	(20.2 %)
Q1 2022	381.28	18.6 %	49.03	(11.1 %)	22.94	(31.5 %)
Q2 2022	409.29	26.9 %	56.05	4.1 %	30.19	(28.0 %)
Q3 2022	416.28	28.2 %	58.37	7.5 %	30.02	(17.3 %)
Q4 2022	482.78	38.1 %	65.78	16.2 %	25.05	(26.9 %)
2022	1,683.60	27.7 %	229.22	4.2 %	108.20	(25.9 %)
Q1 2023	462.03	21.2 %	56.75	15.7 %	30.16	31.5 %
Q2 2023	462.59	13.0 %	64.94	15.9 %	32.15	6.5 %
Q3 2023	471.49	13.3 %	61.96	6.2 %	19.66	(34.5 %)
Q4 2023	493.91	2.3 %	57.21	(13.0 %)	13.39	(46.5 %)
2023	1,890.02	12.3 %	235.71	2.8 %	95.36	(11.9 %)
Q1 2024	518.53	12.2 %	63.28	11.5 %	31.43	4.2 %
Q2 2024	537.10	16.1 %	70.25	8.2 %	42.39	31.9 %
Q3 2024	558.40	18.4 %	63.39	2.3 %	24.74	25.8 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2014	425.60	-	140.15	-	87.40	-
2015	957.76	125.0 %	264.55	88.8 %	205.26	134.9 %
2016	1,181.43	23.4 %	336.79	27.3 %	242.22	18.0 %
2017	1,167.95	(1.1 %)	303.18	(10.0 %)	199.90	(17.5 %)
2018	1,351.92	15.8 %	298.38	(1.6 %)	228.12	14.1 %
2019	1,512.30	11.9 %	379.81	27.3 %	303.93	33.2 %
2020	1,416.36	(6.3 %)	262.69	(30.8 %)	183.03	(39.8 %)
2021	1,318.73	(6.9 %)	219.90	(16.3 %)	146.03	(20.2 %)
2022	1,683.60	27.7 %	229.22	4.2 %	108.20	(25.9 %)
2023	1,890.02	12.3 %	235.71	2.8 %	95.36	(11.9 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2015	-	-	-	-	-	-
Q2 2015	-	-	-	-	-	-
Q3 2015	-	-	-	-	-	-
Q4 2015	-	-	-	-	-	-
2015	199.19	131.1 %	0.42	-	199.19	0.42
Q1 2016	-	-	-	-	-	-
Q2 2016	-	-	-	-	-	-
Q3 2016	-	-	-	-	-	-
Q4 2016	-	-	-	-	-	-
2016	238.57	19.8 %	0.50	-	238.57	0.50
Q1 2017	-	-	-	-	-	-
Q2 2017	-	-	-	-	-	-
Q3 2017	-	-	-	-	-	-
Q4 2017	63.26	-	0.13	2.58	60.68	0.13
2017	208.08	(12.8 %)	0.44	2.58	205.50	0.43
Q1 2018	48.02	-	0.10	-	48.02	0.10
Q2 2018	57.59	-	0.12	-	57.59	0.12
Q3 2018	69.35	-	0.15	-	69.35	0.15
Q4 2018	47.30	(25.2 %)	0.10	-	47.30	0.10
2018	222.25	6.8 %	0.47	-	222.25	0.47
Q1 2019	54.02	12.5 %	0.11	-	54.02	0.11
Q2 2019	71.99	25.0 %	0.15	1.73	70.26	0.15
Q3 2019	80.13	15.5 %	0.17	-	80.13	0.17
Q4 2019	65.95	39.5 %	0.14	-	65.95	0.14
2019	272.09	22.4 %	0.57	1.73	270.36	0.57
Q1 2020	57.25	6.0 %	0.12	-	57.25	0.12
Q2 2020	49.42	(31.3 %)	0.10	-	49.42	0.10
Q3 2020	48.11	(40.0 %)	0.10	-	48.11	0.10
Q4 2020	22.53	(65.8 %)	0.05	-	22.53	0.05
2020	177.32	(34.8 %)	0.37	-	177.32	0.37
Q1 2021	31.32	(45.3 %)	0.07	-	31.32	0.07
Q2 2021	38.71	(21.7 %)	0.08	-	38.71	0.08
Q3 2021	35.63	(26.0 %)	0.08	-	35.63	0.08
Q4 2021	39.27	74.3 %	0.08	10.69	28.58	0.06
2021	144.93	(18.3 %)	0.31	10.69	134.23	0.28
Q1 2022	24.82	(20.7 %)	0.05	-	24.82	0.05
Q2 2022	27.19	(29.8 %)	0.06	-	27.19	0.06
Q3 2022	61.93	73.8 %	0.13	-	61.93	0.13
Q4 2022	(0.48)	(101.2 %)	0.00	-	(0.48)	0.00
2022	113.46	(21.7 %)	0.24	-	113.46	0.24
Q1 2023	32.27	30.0 %	0.07	-	32.27	0.07
Q2 2023	35.10	29.1 %	0.07	-	35.10	0.07
Q3 2023	20.40	(67.1 %)	0.04	-	20.40	0.04
Q4 2023	(3.32)	(599.2 %)	(0.01)	-	(3.32)	(0.01)
2023	97.05	(14.5 %)	0.20	-	97.05	0.20
Q1 2024	50.03	55.0 %	0.11	-	50.03	0.11
Q2 2024	51.11	45.6 %	0.11	-	51.11	0.11
Q3 2024	24.37	19.5 %	0.05	-	24.37	0.05

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2014	86.20	-	0.18	-	86.20	0.18
2015	199.19	131.1 %	0.42	-	199.19	0.42
2016	238.57	19.8 %	0.50	-	238.57	0.50
2017	208.08	(12.8 %)	0.44	2.58	205.50	0.43
2018	222.25	6.8 %	0.47	-	222.25	0.47
2019	272.09	22.4 %	0.57	1.73	270.36	0.57
2020	177.32	(34.8 %)	0.37	-	177.32	0.37
2021	144.93	(18.3 %)	0.31	10.69	134.23	0.28
2022	113.46	(21.7 %)	0.24	-	113.46	0.24
2023	97.05	(14.5 %)	0.20	-	97.05	0.20

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
2015	27.62 %	21.75 %	20.80 %
Q1 2016	-	-	-
Q2 2016	-	-	-
Q3 2016	-	-	-
Q4 2016	-	-	-
2016	28.51 %	20.94 %	20.19 %
Q1 2017	-	-	-
Q2 2017	-	-	-
Q3 2017	-	-	-
Q4 2017	-	-	-
2017	25.96 %	17.67 %	17.60 %
Q1 2018	-	-	-
Q2 2018	-	-	-
Q3 2018	23.49 %	17.47 %	17.99 %
Q4 2018	22.07 %	17.76 %	16.44 %
2018	22.07 %	17.76 %	16.44 %
Q1 2019	22.57 %	18.66 %	16.33 %
Q2 2019	22.80 %	19.09 %	16.88 %
Q3 2019	23.75 %	20.01 %	17.13 %
Q4 2019	25.11 %	21.47 %	17.88 %
2019	25.11 %	21.47 %	17.88 %
Q1 2020	24.79 %	21.22 %	17.89 %
Q2 2020	24.17 %	20.47 %	16.69 %
Q3 2020	21.94 %	18.34 %	15.02 %
Q4 2020	18.55 %	14.60 %	12.52 %
2020	18.55 %	14.60 %	12.52 %
Q1 2021	17.71 %	13.39 %	11.23 %
Q2 2021	16.60 %	12.70 %	10.67 %
Q3 2021	16.16 %	12.07 %	9.85 %
Q4 2021	16.67 %	12.83 %	10.18 %
2021	16.67 %	12.83 %	10.18 %
Q1 2022	15.51 %	11.54 %	9.27 %
Q2 2022	14.74 %	10.14 %	7.93 %
Q3 2022	14.14 %	9.17 %	9.16 %
Q4 2022	13.57 %	8.16 %	6.72 %
2022	13.61 %	8.19 %	6.74 %
Q1 2023	13.38 %	8.22 %	6.83 %
Q2 2023	13.48 %	8.15 %	7.06 %
Q3 2023	13.27 %	7.40 %	4.65 %
Q4 2023	12.74 %	6.83 %	4.47 %
2023	12.47 %	6.83 %	5.13 %
Q1 2024	12.71 %	6.79 %	5.25 %
Q2 2024	12.50 %	7.09 %	5.85 %
Q3 2024	12.06 %	-	5.80 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	32.93 %	21.20 %	20.25 %
2015	27.62 %	21.75 %	20.80 %
2016	28.51 %	20.94 %	20.19 %
2017	25.96 %	17.67 %	17.60 %
2018	22.07 %	17.76 %	16.44 %
2019	25.11 %	21.47 %	17.88 %
2020	18.55 %	14.60 %	12.52 %
2021	16.67 %	12.83 %	10.18 %
2022	13.61 %	8.19 %	6.74 %
2023	12.47 %	6.83 %	5.13 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
Q1 2016	-	-	-
Q2 2016	-	-	-
Q3 2016	-	-	-
Q4 2016	-	-	-
Q1 2017	-	-	-
Q2 2017	-	-	-
Q3 2017	-	-	-
Q4 2017	28.38 %	15.90 %	20.17 %
Q1 2018	19.16 %	13.95 %	14.67 %
Q2 2018	22.82 %	18.92 %	17.06 %
Q3 2018	23.99 %	20.78 %	20.16 %
Q4 2018	22.19 %	17.22 %	13.78 %
Q1 2019	21.39 %	17.78 %	14.49 %
Q2 2019	23.67 %	20.58 %	19.13 %
Q3 2019	27.50 %	24.08 %	20.74 %
Q4 2019	27.69 %	23.29 %	17.09 %
Q1 2020	20.28 %	16.96 %	14.69 %
Q2 2020	20.96 %	17.31 %	14.02 %
Q3 2020	18.36 %	15.38 %	14.07 %
Q4 2020	14.15 %	8.15 %	6.78 %
Q1 2021	17.15 %	12.37 %	9.74 %
Q2 2021	16.69 %	14.84 %	12.00 %
Q3 2021	16.71 %	13.00 %	10.97 %
Q4 2021	16.18 %	11.22 %	8.17 %
Q1 2022	12.86 %	7.79 %	6.51 %
Q2 2022	13.69 %	9.13 %	6.64 %
Q3 2022	14.02 %	8.74 %	14.88 %
Q4 2022	13.62 %	7.11 %	(0.10 %)
Q1 2023	12.28 %	8.08 %	6.99 %
Q2 2023	14.04 %	8.75 %	7.59 %
Q3 2023	13.14 %	5.69 %	4.33 %
Q4 2023	11.58 %	4.96 %	(0.67 %)
Q1 2024	12.20 %	7.78 %	9.65 %
Q2 2024	13.08 %	9.60 %	9.52 %
Q3 2024	11.35 %	-	4.36 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2015	-	-	-	-
Q2 2015	-	-	-	-
Q3 2015	-	-	-	-
Q4 2015	-	-	-	-
Q1 2016	-	-	-	-
Q2 2016	-	-	-	-
Q3 2016	-	-	-	-
Q4 2016	-	-	-	-
Q1 2017	-	-	-	-
Q2 2017	-	-	-	-
Q3 2017	-	-	-	-
Q4 2017	475.00	-	-	0.56
Q1 2018	475.00	-	-	-
Q2 2018	475.00	-	-	-
Q3 2018	475.00	0.50	0.50	0.93
Q4 2018	475.00	0.47	0.47	0.91
Q1 2019	475.00	0.48	0.48	1.02
Q2 2019	475.00	0.51	0.51	1.17
Q3 2019	475.00	0.53	0.53	1.12
Q4 2019	475.00	0.57	0.57	1.24
Q1 2020	475.00	0.58	0.58	1.11
Q2 2020	475.00	0.53	0.53	1.21
Q3 2020	475.00	0.46	0.46	1.13
Q4 2020	475.00	0.37	0.37	1.18
Q1 2021	475.00	0.32	0.32	1.08
Q2 2021	475.00	0.30	0.30	1.16
Q3 2021	475.00	0.27	0.27	1.12
Q4 2021	475.00	0.31	0.28	1.21
Q1 2022	475.00	0.29	0.27	1.10
Q2 2022	475.00	0.27	0.24	1.15
Q3 2022	475.00	0.32	0.30	1.18
Q4 2022	475.00	0.24	0.24	1.18
Q1 2023	475.00	0.25	0.25	1.17
Q2 2023	475.00	0.27	0.27	1.24
Q3 2023	475.00	0.18	0.18	1.31
Q4 2023	475.00	0.18	0.18	1.20
Q1 2024	475.00	0.22	0.22	1.23
Q2 2024	475.00	0.25	0.25	1.34
Q3 2024	475.00	0.26	0.26	1.31

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	475.00	0.18	0.18	0.34
2015	475.00	0.42	0.42	0.54
2016	475.00	0.50	0.50	0.45
2017	475.00	0.44	0.43	0.56
2018	475.00	0.47	0.47	0.91
2019	475.00	0.57	0.57	1.24
2020	475.00	0.37	0.37	1.18
2021	475.00	0.31	0.28	1.21
2022	475.00	0.24	0.24	1.18
2023	475.00	0.20	0.20	1.20

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	-	-	-
Q2 2015	-	-	-
Q3 2015	-	-	-
Q4 2015	-	-	-
Q1 2016	-	-	-
Q2 2016	-	-	-
Q3 2016	-	-	-
Q4 2016	-	-	-
Q1 2017	-	-	-
Q2 2017	-	-	-
Q3 2017	-	-	-
Q4 2017	-	-	-
Q1 2018	-	-	-
Q2 2018	-	-	-
Q3 2018	-	-	-
Q4 2018	-	-	-
Q1 2019	-	-	-
Q2 2019	13.45	13.54	5.89
Q3 2019	14.80	14.90	7.05
Q4 2019	11.87	11.94	5.47
Q1 2020	7.90	7.95	4.13
Q2 2020	10.24	10.24	4.51
Q3 2020	13.66	13.66	5.60
Q4 2020	15.97	15.97	5.07
Q1 2021	17.89	17.89	5.26
Q2 2021	21.01	21.01	5.37
Q3 2021	23.88	23.88	5.76
Q4 2021	19.67	21.24	4.98
Q1 2022	21.54	23.34	5.71
Q2 2022	18.15	19.82	4.22
Q3 2022	15.10	16.24	4.12
Q4 2022	17.02	17.02	3.46
Q1 2023	18.64	18.64	4.07
Q2 2023	19.67	19.67	4.54
Q3 2023	36.07	36.07	5.07
Q4 2023	42.36	42.36	6.63
Q1 2024	31.56	31.56	5.54
Q2 2024	24.23	24.23	4.51
Q3 2024	27.33	27.33	5.36

Period	P/E	Adjusted P/E	Price/book
2014	-	-	-
2015	-	-	-
2016	-	-	-
2017	-	-	-
2018	-	-	-
2019	11.87	11.94	5.47
2020	15.97	15.97	5.07
2021	19.67	21.24	4.98
2022	17.02	17.02	3.46
2023	36.86	36.86	6.63

Business Segments (Million)

Compared With The

Period	Corporate	Individuals	Facility Management	Other	Eliminations
Q4 2017	215.85	85.02	-	-	-
Q1 2018	230.97	96.41	-	-	-
Q2 2018	240.47	97.05	-	-	-
Q3 2018	245.31	98.60	-	-	-
Q4 2018	243.87	99.26	-	-	-
Q1 2019	268.44	104.44	-	-	-
Q2 2019	269.67	97.55	-	-	-
Q3 2019	283.46	102.91	-	-	-
Q4 2019	270.89	114.93	-	-	-
Q1 2020	282.91	106.85	-	-	-
Q2 2020	256.86	95.62	-	-	-
Q3 2020	251.87	90.20	-	-	-
Q4 2020	243.01	89.04	-	-	-
Q1 2021	232.94	88.68	-	-	-
Q2 2021	230.33	92.29	-	-	-
Q3 2021	221.09	89.94	25.39	-	(11.57)
Q4 2021	225.38	103.70	38.32	-	(17.73)
Q1 2022	236.66	121.73	39.90	0.25	(17.26)
Q2 2022	260.84	128.22	78.15	0.99	(36.02)
Q3 2022	274.07	121.76	40.09	1.87	(21.52)
Q4 2022	328.11	128.23	38.03	3.00	(14.60)
Q1 2023	323.71	116.00	33.79	3.43	(14.91)
Q2 2023	327.30	111.92	32.63	6.35	(15.60)
Q3 2023	334.27	107.03	32.49	16.75	(19.06)
Q4 2023	352.98	114.79	28.84	20.38	(23.09)
Q1 2024	381.35	103.67	25.23	33.49	(25.22)
Q2 2024	388.18	108.18	30.09	38.90	(28.26)
Q3 2024	415.54	106.89	28.85	42.33	(35.21)

Period	Corporate	Individuals	Facility Management	Other	Eliminations
2015	-	47.92	-	-	-
2016	992.04	189.39	-	-	-
2017	879.32	288.62	-	-	-
2018	960.61	391.32	-	-	-
2019	1,092.47	419.83	-	-	-
2020	1,034.65	381.71	-	-	-
2021	909.73	374.59	63.71	-	(29.30)
2022	1,096.01	497.59	156.27	5.86	(72.14)
2023	1,338.26	449.74	127.75	46.92	(72.65)

Analysts Estimates (Million)

Item	Q3 2024 (e)	Q3 2024 (a)	Change‬
Average	47.00	24.37	(48.2 %)

Estimates vs Actual (Million)

Item	Q3 2024 (e)	Q3 2024 (a)	Change
Hermes	47.00	24.37	(48.2) %

Financial Ratios

	Current
Market Cap (M Riyal)	3,201.50
Enterprise Value (EV) (M)	3,685.00
Shares Outstanding ((M))	475.00
EPS ( Riyal) (TTM)	0.26
Book Value (BV) ( Riyal)	1.31
Par Value ( Riyal)	1.00
Adjusted P/E (Last12)	26.20
P/E (TTM)	26.20
Price/book	5.14
Return on Average Assets (%) (TTM)	6.8
Return on Average Equity (%) (TTM)	19.7

Maharah Human Resources Co. (MAHARAH)

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Maharah 9M 2024 profit rises 43% to SAR 125.5M; Q3 at SAR 24.4M

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Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2024 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Maharah Human Resources Co. (MAHARAH)

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Maharah 9M 2024 profit rises 43% to SAR 125.5M; Q3 at SAR 24.4M

View other reports

Financials (M)

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q3 2024

Revenue by Business Segment (Latest) 2024 Q3

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Maharah Human Resources Co. (MAHARAH)

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Business Segments (Million)