Saudi Cement 9M 2024 profit rises to SAR 301.3M; Q3 at SAR 100.2M

04/11/2024 Argaam Exclusive

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Saudi Cement Co. (SCC) posted an 8.7% rise in net profit to SAR 301.3 million for the first nine months of 2024, from SAR 277.2 million in the year-earlier period.

Financials (M)

Item	9m 2023	9m 2024	Change‬
Revenues	1,080.89	1,191.80	10.3 %
Gross Income	435.27	473.10	8.7 %
Operating Income	278.17	301.40	8.4 %
Net Income	277.24	301.30	8.7 %
Average Shares	153.00	153.00	-
EPS (Riyals)	1.81	1.97	8.7 %

The profit rise was buoyed by an increase in sales revenue year-on-year (YoY), driven by a rise in total sales volumes and an increase in the average selling price. In addition, other revenues increased coupled with an increase in the company’s share of net profits from an associate company.

On the other hand, selling and distribution expenses increased, along with a decline in profit from the sale of an investment in a subsidiary.

The cement producer's Q3 2024 earnings rose by 46.7% YoY from SAR 68.3 million to SAR 100.2 million, thanks to higher sales revenue due to the increase in sales volumes and an increase in the average selling price.

Compared to Q2 2024, net profit edged up by 14.7% from SAR 87.35 million.

Current Quarter Comparison (M)

Compared With The

Item	Q3 2023	Q3 2024	Change‬
Revenues	315.00	387.10	22.9 %
Gross Income	114.42	154.30	34.9 %
Operating Income	60.68	98.00	61.5 %
Net Income	68.26	100.20	46.8 %
Average Shares	153.00	153.00	-
EPS (Riyals)	0.45	0.65	46.8 %

Item	Q2 2024	Q3 2024	Change‬
Revenues	378.13	387.10	2.4 %
Gross Income	144.01	154.30	7.1 %
Operating Income	84.06	98.00	16.6 %
Net Income	87.35	100.20	14.7 %
Average Shares	153.00	153.00	-
EPS (Riyals)	0.57	0.65	14.7 %

Shareholders’ equity, no minority interest, rose to SAR 2.11 billion as of Sept. 30, 2024, from SAR 2.07 billion in the year-earlier period.

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Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2015	550.88	3.0 %	339.26	4.0 %	310.22	2.2 %
Q2 2015	499.63	(7.2 %)	283.93	(12.0 %)	258.44	(12.6 %)
Q3 2015	398.31	(6.4 %)	232.75	(12.0 %)	209.94	(11.5 %)
Q4 2015	483.58	(8.0 %)	280.09	(11.3 %)	251.17	(12.4 %)
2015	1,932.39	(4.6 %)	1,136.02	(7.6 %)	1,029.77	(8.3 %)
Q1 2016	506.93	(8.0 %)	295.22	(13.0 %)	271.34	(12.5 %)
Q2 2016	498.78	(0.2 %)	282.36	(0.6 %)	257.31	(0.4 %)
Q3 2016	375.05	(5.8 %)	232.19	(0.2 %)	208.61	(0.6 %)
Q4 2016	397.38	(17.8 %)	220.82	(21.2 %)	194.85	(22.4 %)
2016	1,778.14	(8.0 %)	1,030.58	(9.3 %)	932.12	(9.5 %)
Q1 2017	346.35	(31.7 %)	191.19	(35.2 %)	168.27	(38.0 %)
Q2 2017	269.45	(46.0 %)	121.16	(57.1 %)	99.09	(61.5 %)
Q3 2017	250.19	(33.3 %)	115.58	(50.2 %)	93.71	(55.1 %)
Q4 2017	318.54	(19.8 %)	140.88	(36.2 %)	112.45	(42.3 %)
2017	1,184.53	(33.4 %)	568.80	(44.8 %)	473.52	(49.2 %)
Q1 2018	330.46	(4.6 %)	169.32	(11.4 %)	148.47	(11.8 %)
Q2 2018	245.75	(8.8 %)	96.13	(20.7 %)	64.13	(35.3 %)
Q3 2018	239.55	(4.3 %)	113.12	(2.1 %)	80.61	(14.0 %)
Q4 2018	303.80	(4.6 %)	159.42	13.2 %	123.59	9.9 %
2018	1,119.56	(5.5 %)	537.99	(5.4 %)	416.80	(12.0 %)
Q1 2019	390.36	18.1 %	181.04	6.9 %	141.00	(5.0 %)
Q2 2019	338.61	37.8 %	140.28	45.9 %	99.70	55.5 %
Q3 2019	310.12	29.5 %	131.84	16.5 %	92.84	15.2 %
Q4 2019	402.54	32.5 %	196.64	23.3 %	157.45	27.4 %
2019	1,441.63	28.8 %	649.79	20.8 %	490.99	17.8 %
Q1 2020	450.36	15.4 %	202.77	12.0 %	157.77	11.9 %
Q2 2020	297.45	(12.2 %)	123.67	(11.8 %)	82.92	(16.8 %)
Q3 2020	386.81	24.7 %	163.18	23.8 %	113.99	22.8 %
Q4 2020	435.01	8.1 %	176.75	(10.1 %)	124.38	(21.0 %)
2020	1,569.63	8.9 %	666.38	2.6 %	479.07	(2.4 %)
Q1 2021	429.07	(4.7 %)	173.63	(14.4 %)	124.68	(21.0 %)
Q2 2021	348.12	17.0 %	138.70	12.2 %	91.96	10.9 %
Q3 2021	304.93	(21.2 %)	109.05	(33.2 %)	62.75	(45.0 %)
Q4 2021	327.45	(24.7 %)	109.01	(38.3 %)	64.91	(47.8 %)
2021	1,409.57	(10.2 %)	530.39	(20.4 %)	344.30	(28.1 %)
Q1 2022	315.06	(26.6 %)	100.74	(42.0 %)	60.08	(51.8 %)
Q2 2022	348.97	0.2 %	145.97	5.2 %	102.95	11.9 %
Q3 2022	328.05	7.6 %	124.36	14.0 %	85.75	36.6 %
Q4 2022	427.74	30.6 %	197.81	81.5 %	155.14	139.0 %
2022	1,419.82	0.7 %	568.88	7.3 %	403.91	17.3 %
Q1 2023	409.63	30.0 %	175.78	74.5 %	123.74	106.0 %
Q2 2023	356.26	2.1 %	145.08	(0.6 %)	93.75	(8.9 %)
Q3 2023	315.00	(4.0 %)	114.42	(8.0 %)	60.68	(29.2 %)
Q4 2023	380.94	(10.9 %)	137.66	(30.4 %)	84.22	(45.7 %)
2023	1,461.83	3.0 %	572.93	0.7 %	362.39	(10.3 %)
Q1 2024	426.52	4.1 %	174.76	(0.6 %)	119.32	(3.6 %)
Q2 2024	378.13	6.1 %	144.01	(0.7 %)	84.06	(10.3 %)
Q3 2024	387.10	22.9 %	154.30	34.9 %	98.00	61.5 %

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2014	2,024.59	(7.4 %)	1,229.06	(4.3 %)	1,123.44	(5.3 %)
2015	1,932.39	(4.6 %)	1,136.02	(7.6 %)	1,029.77	(8.3 %)
2016	1,778.14	(8.0 %)	1,030.58	(9.3 %)	932.12	(9.5 %)
2017	1,184.53	(33.4 %)	568.80	(44.8 %)	473.52	(49.2 %)
2018	1,119.56	(5.5 %)	537.99	(5.4 %)	416.80	(12.0 %)
2019	1,441.63	28.8 %	649.79	20.8 %	490.99	17.8 %
2020	1,569.63	8.9 %	666.38	2.6 %	479.07	(2.4 %)
2021	1,409.57	(10.2 %)	530.39	(20.4 %)	344.30	(28.1 %)
2022	1,419.82	0.7 %	568.88	7.3 %	403.91	17.3 %
2023	1,461.83	3.0 %	572.93	0.7 %	362.39	(10.3 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2015	303.10	6.0 %	1.98	-	303.10	1.98
Q2 2015	253.82	(12.0 %)	1.66	-	253.82	1.66
Q3 2015	207.57	(10.4 %)	1.36	-	207.57	1.36
Q4 2015	175.70	(34.4 %)	1.15	(66.15)	241.85	1.58
2015	940.19	(12.5 %)	6.15	(66.15)	1,006.34	6.58
Q1 2016	262.57	(13.4 %)	1.72	-	262.57	1.72
Q2 2016	249.46	(1.7 %)	1.63	-	249.46	1.63
Q3 2016	202.28	(2.5 %)	1.32	-	202.28	1.32
Q4 2016	186.66	6.2 %	1.22	-	186.66	1.22
2016	900.97	(4.2 %)	5.89	-	900.97	5.89
Q1 2017	164.70	(37.3 %)	1.08	-	164.70	1.08
Q2 2017	93.95	(62.3 %)	0.61	-	93.95	0.61
Q3 2017	87.35	(56.8 %)	0.57	-	87.35	0.57
Q4 2017	107.45	(42.4 %)	0.70	-	107.45	0.70
2017	453.45	(49.7 %)	2.96	-	453.45	2.96
Q1 2018	142.23	(13.6 %)	0.93	-	142.23	0.93
Q2 2018	58.05	(38.2 %)	0.38	-	58.05	0.38
Q3 2018	75.41	(13.7 %)	0.49	-	75.41	0.49
Q4 2018	124.83	16.2 %	0.82	-	124.83	0.82
2018	400.51	(11.7 %)	2.62	-	400.51	2.62
Q1 2019	132.44	(6.9 %)	0.87	-	132.44	0.87
Q2 2019	92.34	59.1 %	0.60	-	92.34	0.60
Q3 2019	83.02	10.1 %	0.54	-	83.02	0.54
Q4 2019	143.60	15.0 %	0.94	-	143.60	0.94
2019	451.40	12.7 %	2.95	-	451.40	2.95
Q1 2020	148.51	12.1 %	0.97	-	148.51	0.97
Q2 2020	75.70	(18.0 %)	0.49	-	75.70	0.49
Q3 2020	107.64	29.7 %	0.70	-	107.64	0.70
Q4 2020	124.12	(13.6 %)	0.81	-	124.12	0.81
2020	455.96	1.0 %	2.98	-	455.96	2.98
Q1 2021	119.42	(19.6 %)	0.78	-	119.42	0.78
Q2 2021	86.37	14.1 %	0.56	-	86.37	0.56
Q3 2021	58.72	(45.4 %)	0.38	-	58.72	0.38
Q4 2021	67.40	(45.7 %)	0.44	-	67.40	0.44
2021	331.92	(27.2 %)	2.17	-	331.92	2.17
Q1 2022	61.13	(48.8 %)	0.40	-	61.13	0.40
Q2 2022	102.54	18.7 %	0.67	-	102.54	0.67
Q3 2022	80.65	37.3 %	0.53	-	80.65	0.53
Q4 2022	154.52	129.3 %	1.01	-	154.52	1.01
2022	398.84	20.2 %	2.61	-	398.84	2.61
Q1 2023	123.79	102.5 %	0.81	8.84	114.95	0.75
Q2 2023	85.19	(16.9 %)	0.56	-	85.19	0.56
Q3 2023	68.26	(15.4 %)	0.45	-	68.26	0.45
Q4 2023	103.79	(32.8 %)	0.68	-	103.79	0.68
2023	381.03	(4.5 %)	2.49	8.84	372.19	2.43
Q1 2024	113.76	(8.1 %)	0.74	-	113.76	0.74
Q2 2024	87.35	2.5 %	0.57	-	87.35	0.57
Q3 2024	100.20	46.8 %	0.65	-	100.20	0.65

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2014	1,074.08	(4.4 %)	7.02	-	1,074.08	7.02
2015	940.19	(12.5 %)	6.15	(66.15)	1,006.34	6.58
2016	900.97	(4.2 %)	5.89	-	900.97	5.89
2017	453.45	(49.7 %)	2.96	-	453.45	2.96
2018	400.51	(11.7 %)	2.62	-	400.51	2.62
2019	451.40	12.7 %	2.95	-	451.40	2.95
2020	455.96	1.0 %	2.98	-	455.96	2.98
2021	331.92	(27.2 %)	2.17	-	331.92	2.17
2022	398.84	20.2 %	2.61	-	398.84	2.61
2023	381.03	(4.5 %)	2.49	8.84	372.19	2.43

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	60.87 %	65.62 %	53.47 %
Q2 2015	60.11 %	65.26 %	52.78 %
Q3 2015	59.34 %	64.97 %	52.29 %
Q4 2015	58.79 %	64.64 %	52.08 %
2015	58.79 %	64.64 %	52.08 %
Q1 2016	57.82 %	64.19 %	51.14 %
Q2 2016	57.77 %	64.19 %	50.94 %
Q3 2016	58.46 %	65.04 %	51.29 %
Q4 2016	57.96 %	65.13 %	50.67 %
2016	57.96 %	65.13 %	50.67 %
Q1 2017	57.28 %	65.04 %	49.65 %
Q2 2017	55.13 %	64.08 %	46.65 %
Q3 2017	51.35 %	60.90 %	42.16 %
Q4 2017	48.02 %	57.56 %	38.28 %
2017	48.02 %	57.56 %	38.28 %
Q1 2018	46.80 %	56.48 %	36.88 %
Q2 2018	45.58 %	54.48 %	34.51 %
Q3 2018	45.79 %	53.62 %	33.78 %
Q4 2018	48.05 %	55.18 %	35.77 %
2018	48.05 %	55.18 %	35.77 %
Q1 2019	46.61 %	51.94 %	33.13 %
Q2 2019	46.68 %	51.15 %	33.40 %
Q3 2019	45.62 %	49.70 %	32.22 %
Q4 2019	45.07 %	48.88 %	31.31 %
2019	45.07 %	48.88 %	31.31 %
Q1 2020	44.72 %	48.26 %	31.13 %
Q2 2020	44.84 %	48.72 %	30.87 %
Q3 2020	44.64 %	47.79 %	30.93 %
Q4 2020	42.45 %	44.85 %	29.05 %
2020	42.45 %	44.85 %	29.05 %
Q1 2021	41.16 %	43.35 %	27.57 %
Q2 2021	40.79 %	42.52 %	27.36 %
Q3 2021	39.43 %	41.52 %	25.62 %
Q4 2021	37.63 %	40.55 %	23.55 %
2021	37.63 %	40.55 %	23.55 %
Q1 2022	35.31 %	39.14 %	21.12 %
Q2 2022	35.85 %	40.06 %	22.35 %
Q3 2022	36.38 %	41.24 %	23.62 %
Q4 2022	40.07 %	44.71 %	28.09 %
2022	40.07 %	44.71 %	28.09 %
Q1 2023	42.52 %	46.04 %	29.89 %
Q2 2023	42.26 %	44.96 %	28.61 %
Q3 2023	41.96 %	43.43 %	28.03 %
Q4 2023	39.19 %	79.00 %	25.46 %
2023	39.19 %	79.00 %	25.46 %
Q1 2024	38.68 %	77.64 %	25.09 %
Q2 2024	38.04 %	75.96 %	24.87 %
Q3 2024	38.83 %	-	25.76 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2014	60.71 %	65.63 %	53.05 %
2015	58.79 %	64.64 %	52.08 %
2016	57.96 %	65.13 %	50.67 %
2017	48.02 %	57.56 %	38.28 %
2018	48.05 %	55.18 %	35.77 %
2019	45.07 %	48.88 %	31.31 %
2020	42.45 %	44.85 %	29.05 %
2021	37.63 %	40.55 %	23.55 %
2022	40.07 %	44.71 %	28.09 %
2023	39.19 %	79.00 %	25.46 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2015	61.58 %	66.04 %	55.02 %
Q2 2015	56.83 %	62.90 %	50.80 %
Q3 2015	58.43 %	66.46 %	52.11 %
Q4 2015	57.92 %	63.34 %	50.01 %
Q1 2016	58.24 %	64.50 %	51.80 %
Q2 2016	56.61 %	62.88 %	50.01 %
Q3 2016	61.91 %	70.83 %	53.93 %
Q4 2016	55.57 %	63.40 %	46.97 %
Q1 2017	55.20 %	63.75 %	47.55 %
Q2 2017	44.96 %	56.09 %	34.87 %
Q3 2017	46.19 %	58.18 %	34.91 %
Q4 2017	44.23 %	51.58 %	33.73 %
Q1 2018	51.24 %	60.23 %	43.04 %
Q2 2018	39.12 %	46.74 %	23.62 %
Q3 2018	47.22 %	54.29 %	31.48 %
Q4 2018	52.48 %	57.21 %	41.09 %
Q1 2019	46.38 %	49.65 %	33.93 %
Q2 2019	41.43 %	45.21 %	27.27 %
Q3 2019	42.51 %	47.31 %	26.77 %
Q4 2019	48.85 %	52.42 %	35.67 %
Q1 2020	45.02 %	47.49 %	32.98 %
Q2 2020	41.58 %	47.07 %	25.45 %
Q3 2020	42.19 %	43.89 %	27.83 %
Q4 2020	40.63 %	41.45 %	28.53 %
Q1 2021	40.47 %	42.21 %	27.83 %
Q2 2021	39.84 %	42.71 %	24.81 %
Q3 2021	35.76 %	39.28 %	19.26 %
Q4 2021	33.29 %	37.26 %	20.58 %
Q1 2022	31.97 %	37.01 %	19.40 %
Q2 2022	41.83 %	46.13 %	29.38 %
Q3 2022	37.91 %	44.08 %	24.58 %
Q4 2022	46.25 %	49.71 %	36.13 %
Q1 2023	42.91 %	43.69 %	28.06 %
Q2 2023	40.72 %	41.53 %	23.91 %
Q3 2023	36.32 %	36.70 %	21.67 %
Q4 2023	36.14 %	186.98 %	27.25 %
Q1 2024	40.97 %	40.38 %	26.67 %
Q2 2024	38.08 %	36.94 %	23.10 %
Q3 2024	39.86 %	-	25.88 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2015	153.00	7.13	7.13	20.12
Q2 2015	153.00	6.91	6.91	18.77
Q3 2015	153.00	6.75	6.75	20.13
Q4 2015	153.00	6.15	6.58	21.28
Q1 2016	153.00	5.88	6.31	19.37
Q2 2016	153.00	5.85	6.28	18.25
Q3 2016	153.00	5.82	6.25	19.57
Q4 2016	153.00	5.89	5.89	20.85
Q1 2017	153.00	5.25	5.25	21.92
Q2 2017	153.00	4.23	4.23	17.54
Q3 2017	153.00	3.48	3.48	18.11
Q4 2017	153.00	2.96	2.96	18.81
Q1 2018	153.00	2.82	2.82	19.74
Q2 2018	153.00	2.58	2.58	16.87
Q3 2018	153.00	2.50	2.50	17.36
Q4 2018	153.00	2.62	2.62	18.22
Q1 2019	153.00	2.55	2.55	19.08
Q2 2019	153.00	2.78	2.78	16.43
Q3 2019	153.00	2.83	2.83	16.97
Q4 2019	153.00	2.95	2.95	17.84
Q1 2020	153.00	3.06	3.06	18.81
Q2 2020	153.00	2.95	2.95	15.81
Q3 2020	153.00	3.11	3.11	16.51
Q4 2020	153.00	2.98	2.98	17.33
Q1 2021	153.00	2.79	2.79	18.11
Q2 2021	153.00	2.86	2.86	15.15
Q3 2021	153.00	2.54	2.54	15.54
Q4 2021	153.00	2.17	2.17	15.90
Q1 2022	153.00	1.79	1.79	16.30
Q2 2022	153.00	1.89	1.89	13.47
Q3 2022	153.00	2.04	2.04	14.00
Q4 2022	153.00	2.61	2.61	14.99
Q1 2023	153.00	3.02	2.96	15.80
Q2 2023	153.00	2.90	2.85	13.10
Q3 2023	153.00	2.82	2.76	13.55
Q4 2023	153.00	2.49	2.43	14.11
Q1 2024	153.00	2.42	2.42	14.86
Q2 2024	153.00	2.44	2.44	13.18
Q3 2024	153.00	2.65	2.65	13.83

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2014	153.00	7.02	7.02	20.65
2015	153.00	6.15	6.58	21.28
2016	153.00	5.89	5.89	20.85
2017	153.00	2.96	2.96	18.81
2018	153.00	2.62	2.62	18.22
2019	153.00	2.95	2.95	17.84
2020	153.00	2.98	2.98	17.33
2021	153.00	2.17	2.17	15.90
2022	153.00	2.61	2.61	14.99
2023	153.00	2.49	2.43	14.11

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2015	12.58	12.58	4.46
Q2 2015	14.00	14.00	5.15
Q3 2015	10.63	10.63	3.56
Q4 2015	10.56	9.86	3.05
Q1 2016	10.73	9.99	3.26
Q2 2016	10.80	10.05	3.46
Q3 2016	9.55	8.89	2.84
Q4 2016	12.09	12.09	3.42
Q1 2017	11.40	11.40	2.73
Q2 2017	12.27	12.27	2.96
Q3 2017	12.03	12.03	2.31
Q4 2017	16.00	16.00	2.52
Q1 2018	19.93	19.93	2.84
Q2 2018	19.23	19.23	2.94
Q3 2018	17.89	17.89	2.58
Q4 2018	18.55	18.55	2.67
Q1 2019	22.91	22.91	3.07
Q2 2019	25.23	25.23	4.27
Q3 2019	25.18	25.18	4.20
Q4 2019	23.76	23.76	3.93
Q1 2020	16.04	16.04	2.60
Q2 2020	17.99	17.99	3.35
Q3 2020	18.70	18.70	3.52
Q4 2020	20.64	20.64	3.55
Q1 2021	23.80	23.80	3.67
Q2 2021	22.24	22.24	4.20
Q3 2021	24.72	24.72	4.04
Q4 2021	25.26	25.26	3.45
Q1 2022	34.05	34.05	3.74
Q2 2022	26.87	26.87	3.78
Q3 2022	25.62	25.62	3.73
Q4 2022	19.56	19.56	3.40
Q1 2023	18.57	18.93	3.55
Q2 2023	20.46	20.88	4.53
Q3 2023	18.50	18.88	3.85
Q4 2023	21.12	21.62	3.73
Q1 2024	19.22	19.22	3.14
Q2 2024	18.72	18.72	3.46
Q3 2024	15.67	15.67	3.00

Period	P/E	Adjusted P/E	Price/book
2014	13.63	13.63	4.63
2015	10.56	9.86	3.05
2016	12.09	12.09	3.42
2017	16.00	16.00	2.52
2018	18.55	18.55	2.67
2019	23.76	23.76	3.93
2020	20.64	20.64	3.55
2021	25.26	25.26	3.45
2022	19.56	19.56	3.40
2023	21.12	21.62	3.73

Business Segments (Million)

Compared With The

Period	Cement	Clinker
Q3 2021	250.73	54.19
Q4 2021	276.54	50.91
Q1 2022	271.09	43.97
Q2 2022	290.74	58.24
Q3 2022	315.81	12.24
Q4 2022	402.14	25.60
Q1 2023	346.31	63.31
Q2 2023	306.89	49.38
Q3 2023	251.09	63.91
Q4 2023	320.89	60.06
Q1 2024	361.90	64.62
Q2 2024	307.57	70.56
Q3 2024	330.73	56.38

Period	Cement	Clinker
2019	1,299.80	141.83
2020	1,359.30	210.34
2021	1,187.91	221.66
2022	1,279.77	140.05
2023	1,225.17	236.66

Analysts Estimates (Million)

Item	Q3 2024 (e)	Q3 2024 (a)	Change‬
Average	91.98	100.18	8.91 %

Estimates vs Actual (Million)

Item	Q3 2024 (e)	Q3 2024 (a)	Change
Sico	99.70	100.18	0.5 %
Riyad Capital	99.00	100.18	1.2 %
Al Rajhi Capital	99.00	100.18	1.2 %
Hermes	97.00	100.18	3.3 %
United Securities Company	108.00	100.18	(7.2) %
SNB Capital	90.60	100.18	10.6 %
U-Capital	88.90	100.18	12.7 %
YAQEEN	88.00	100.18	13.8 %
OSOOL AND BAKHEET	86.23	100.18	16.2 %
AlJazira Capital	80.70	100.18	24.1 %
Value Capital	74.70	100.18	34.1 %

Financial Ratios

	Current
Market Cap (M Riyal)	6,250.05
Enterprise Value (EV) (M)	6,674.15
Shares Outstanding ((M))	153.00
EPS ( Riyal) (TTM)	2.65
Book Value (BV) ( Riyal)	13.83
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	15.43
P/E (TTM)	15.43
Price/book	2.95
Return on Average Assets (%) (TTM)	12.5
Return on Average Equity (%) (TTM)	19.3

Saudi Cement Co. (SAUDI CEMENT)

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Saudi Cement 9M 2024 profit rises to SAR 301.3M; Q3 at SAR 100.2M

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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

Saudi Cement Co. (SAUDI CEMENT)

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Saudi Cement 9M 2024 profit rises to SAR 301.3M; Q3 at SAR 100.2M

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

Saudi Cement Co. (SAUDI CEMENT)

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Business Segments (Million)