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Arkan Building Materials Company (ARKAN) PJSC

ADX:ARKAN
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ARKAN
ADX
AED656M
Market Cap
  1. Home
  2. AE
  3. Materials
Company description

Arkan Building Materials Company (ARKAN) PJSC engages in the manufacture and sale of building and construction products in the United Arab Emirates. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
  • Arkan Building Materials Company (ARKAN) PJSC has significant price volatility in the past 3 months.
ARKAN Share Price and Events
7 Day Returns
-1.3%
ADX:ARKAN
0.2%
AE Basic Materials
-0.5%
AE Market
1 Year Returns
-25%
ADX:ARKAN
-23.6%
AE Basic Materials
-23.6%
AE Market
ARKAN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Arkan Building Materials Company (ARKAN) PJSC (ARKAN) -1.3% -7.4% -10.1% -25% -47.9% -70.2%
AE Basic Materials 0.2% -9.1% -17.1% -23.6% -39.6% -55.5%
AE Market -0.5% -18.6% -21.9% -23.6% -28.4% -31.8%
1 Year Return vs Industry and Market
  • ARKAN underperformed the Basic Materials industry which returned -23.6% over the past year.
  • ARKAN underperformed the Market in United Arab Emirates which returned -23.6% over the past year.

ARKAN Value

 Is Arkan Building Materials Company (ARKAN) PJSC undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Arkan Building Materials Company (ARKAN) PJSC to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Arkan Building Materials Company (ARKAN) PJSC.

ADX:ARKAN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.5%
Perpetual Growth Rate 10-Year AE Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ADX:ARKAN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year AE Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 6.1%
Basic Materials Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.813 (1 + (1- 55%) (172.86%))
1.298
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.3
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (1.298 * 6.07%)
16.48%

Discounted Cash Flow Calculation for ADX:ARKAN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Arkan Building Materials Company (ARKAN) PJSC is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

ADX:ARKAN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (AED, Millions) Source Present Value
Discounted (@ 16.48%)
2020 28.50 Est @ -43.88% 24.47
2021 20.48 Est @ -28.14% 15.10
2022 16.98 Est @ -17.12% 10.74
2023 15.38 Est @ -9.4% 8.35
2024 14.76 Est @ -4% 6.89
2025 14.73 Est @ -0.22% 5.90
2026 15.09 Est @ 2.43% 5.19
2027 15.73 Est @ 4.28% 4.64
2028 16.61 Est @ 5.57% 4.21
2029 17.69 Est @ 6.48% 3.85
Present value of next 10 years cash flows AED89.00
ADX:ARKAN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= AED17.69 × (1 + 8.6%) ÷ (16.48% – 8.6%)
AED243.78
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= AED243.78 ÷ (1 + 16.48%)10
AED53.02
ADX:ARKAN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= AED89.00 + AED53.02
AED142.02
Equity Value per Share
(AED)
= Total value / Shares Outstanding
= AED142.02 / 1,750.00
AED0.08
ADX:ARKAN Discount to Share Price
Calculation Result
Value per share (AED) From above. AED0.08
Current discount Discount to share price of AED0.38
= -1 x (AED0.38 - AED0.08) / AED0.08
-362.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Arkan Building Materials Company (ARKAN) PJSC is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Arkan Building Materials Company (ARKAN) PJSC's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Arkan Building Materials Company (ARKAN) PJSC's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ADX:ARKAN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AED AED0.03
ADX:ARKAN Share Price ** ADX (2020-04-02) in AED AED0.38
Asia Basic Materials Industry PE Ratio Median Figure of 252 Publicly-Listed Basic Materials Companies 11.76x
United Arab Emirates Market PE Ratio Median Figure of 81 Publicly-Listed Companies 9.11x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Arkan Building Materials Company (ARKAN) PJSC.

ADX:ARKAN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ADX:ARKAN Share Price ÷ EPS (both in AED)

= 0.38 ÷ 0.03

14.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Arkan Building Materials Company (ARKAN) PJSC is overvalued based on earnings compared to the Asia Basic Materials industry average.
  • Arkan Building Materials Company (ARKAN) PJSC is overvalued based on earnings compared to the United Arab Emirates market.
Price based on expected Growth
Does Arkan Building Materials Company (ARKAN) PJSC's expected growth come at a high price?
Raw Data
ADX:ARKAN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Basic Materials Industry PEG Ratio Median Figure of 74 Publicly-Listed Basic Materials Companies 0.91x
United Arab Emirates Market PEG Ratio Median Figure of 24 Publicly-Listed Companies 1.29x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Arkan Building Materials Company (ARKAN) PJSC, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Arkan Building Materials Company (ARKAN) PJSC's assets?
Raw Data
ADX:ARKAN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AED AED1.02
ADX:ARKAN Share Price * ADX (2020-04-02) in AED AED0.38
United Arab Emirates Basic Materials Industry PB Ratio Median Figure of 6 Publicly-Listed Basic Materials Companies 0.41x
United Arab Emirates Market PB Ratio Median Figure of 108 Publicly-Listed Companies 0.71x
ADX:ARKAN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ADX:ARKAN Share Price ÷ Book Value per Share (both in AED)

= 0.38 ÷ 1.02

0.37x

* Primary Listing of Arkan Building Materials Company (ARKAN) PJSC.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Arkan Building Materials Company (ARKAN) PJSC is good value based on assets compared to the AE Basic Materials industry average.
X
Value checks
We assess Arkan Building Materials Company (ARKAN) PJSC's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Basic Materials industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Basic Materials industry average (and greater than 0)? (1 check)
  5. Arkan Building Materials Company (ARKAN) PJSC has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ARKAN Future Performance

 How is Arkan Building Materials Company (ARKAN) PJSC expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Arkan Building Materials Company (ARKAN) PJSC has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.4%
Expected Basic Materials industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Arkan Building Materials Company (ARKAN) PJSC expected to grow at an attractive rate?
  • Unable to compare Arkan Building Materials Company (ARKAN) PJSC's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Arkan Building Materials Company (ARKAN) PJSC's earnings growth to the United Arab Emirates market average as no estimate data is available.
  • Unable to compare Arkan Building Materials Company (ARKAN) PJSC's revenue growth to the United Arab Emirates market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ADX:ARKAN Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Basic Materials Industry Earnings Growth Rate Market Cap Weighted Average 8.4%
Asia Basic Materials Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
United Arab Emirates Market Earnings Growth Rate Market Cap Weighted Average 7%
United Arab Emirates Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ADX:ARKAN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AED Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ADX:ARKAN Past Financials Data
Date (Data in AED Millions) Revenue Cash Flow Net Income *
2019-12-31 902 76 46
2019-09-30 923 125 79
2019-06-30 923 202 72
2019-03-31 935 171 54
2018-12-31 968 209 53
2018-09-30 951 222 4
2018-06-30 953 237 20
2018-03-31 948 321 31
2017-12-31 909 301 30
2017-09-30 895 221 -101
2017-06-30 861 204 -97
2017-03-31 829 163 -102

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Arkan Building Materials Company (ARKAN) PJSC is high growth as no earnings estimate data is available.
  • Unable to determine if Arkan Building Materials Company (ARKAN) PJSC is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ADX:ARKAN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Arkan Building Materials Company (ARKAN) PJSC Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ADX:ARKAN Past Financials Data
Date (Data in AED Millions) EPS *
2019-12-31 0.03
2019-09-30 0.05
2019-06-30 0.04
2019-03-31 0.03
2018-12-31 0.03
2018-09-30 0.00
2018-06-30 0.01
2018-03-31 0.02
2017-12-31 0.02
2017-09-30 -0.06
2017-06-30 -0.06
2017-03-31 -0.06

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Arkan Building Materials Company (ARKAN) PJSC will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Arkan Building Materials Company (ARKAN) PJSC's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Arkan Building Materials Company (ARKAN) PJSC's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Arkan Building Materials Company (ARKAN) PJSC has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ARKAN Past Performance

  How has Arkan Building Materials Company (ARKAN) PJSC performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Arkan Building Materials Company (ARKAN) PJSC's growth in the last year to its industry (Basic Materials).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Arkan Building Materials Company (ARKAN) PJSC's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Arkan Building Materials Company (ARKAN) PJSC's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Arkan Building Materials Company (ARKAN) PJSC's 1-year earnings growth is negative, it can't be compared to the Asia Basic Materials industry average.
Earnings and Revenue History
Arkan Building Materials Company (ARKAN) PJSC's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Arkan Building Materials Company (ARKAN) PJSC Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ADX:ARKAN Past Revenue, Cash Flow and Net Income Data
Date (Data in AED Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 902.44 46.01 131.87
2019-09-30 923.42 79.38 128.87
2019-06-30 922.73 71.99 122.23
2019-03-31 934.80 53.97 122.46
2018-12-31 967.63 53.46 128.99
2018-09-30 950.74 4.20 112.73
2018-06-30 952.76 20.41 112.53
2018-03-31 948.12 31.28 113.56
2017-12-31 908.59 30.17 115.95
2017-09-30 894.59 -100.86 129.19
2017-06-30 861.21 -97.41 126.86
2017-03-31 828.85 -102.42 127.17
2016-12-31 812.84 -82.28 132.63
2016-09-30 806.37 74.87 134.50
2016-06-30 844.16 83.43 135.79
2016-03-31 869.06 101.35 140.68
2015-12-31 876.93 101.12 138.26
2015-09-30 886.40 106.01 130.70
2015-06-30 829.17 107.75 138.08
2015-03-31 842.60 97.22 133.92
2014-12-31 751.80 80.01 123.38
2014-09-30 624.12 68.18 115.18
2014-06-30 560.05 55.43 97.47
2014-03-31 422.95 46.44 88.90
2013-12-31 387.35 42.76 86.68
2013-09-30 396.57 35.05 94.99
2013-06-30 386.40 39.04 95.65

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Arkan Building Materials Company (ARKAN) PJSC has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Arkan Building Materials Company (ARKAN) PJSC used its assets less efficiently than the Asia Basic Materials industry average last year based on Return on Assets.
  • Arkan Building Materials Company (ARKAN) PJSC has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Arkan Building Materials Company (ARKAN) PJSC's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Basic Materials industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Arkan Building Materials Company (ARKAN) PJSC has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ARKAN Health

 How is Arkan Building Materials Company (ARKAN) PJSC's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Arkan Building Materials Company (ARKAN) PJSC's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Arkan Building Materials Company (ARKAN) PJSC's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Arkan Building Materials Company (ARKAN) PJSC's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Arkan Building Materials Company (ARKAN) PJSC's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Arkan Building Materials Company (ARKAN) PJSC Company Filings, last reported 3 months ago.

ADX:ARKAN Past Debt and Equity Data
Date (Data in AED Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,793.17 980.10 81.29
2019-09-30 1,785.86 938.58 31.21
2019-06-30 1,783.50 922.52 38.33
2019-03-31 1,805.69 926.03 68.72
2018-12-31 1,793.48 903.35 53.65
2018-09-30 1,742.47 927.07 31.96
2018-06-30 1,747.51 959.08 4.09
2018-03-31 1,785.57 967.86 25.23
2017-12-31 1,773.87 1,044.87 67.08
2017-09-30 1,787.55 1,063.65 19.36
2017-06-30 1,776.38 1,159.03 45.24
2017-03-31 1,761.96 1,219.44 26.17
2016-12-31 1,751.37 1,311.45 30.92
2016-09-30 1,904.73 1,335.23 62.53
2016-06-30 1,889.35 1,397.24 67.40
2016-03-31 1,879.19 1,417.65 64.01
2015-12-31 1,847.37 1,449.67 61.93
2015-09-30 1,827.24 1,465.08 63.47
2015-06-30 1,804.11 1,510.49 54.51
2015-03-31 1,820.54 1,505.90 64.80
2014-12-31 1,790.03 1,551.31 98.82
2014-09-30 1,761.14 1,551.72 110.99
2014-06-30 1,736.22 1,581.72 158.31
2014-03-31 1,719.43 1,642.05 251.30
2013-12-31 1,703.30 1,442.05 145.57
2013-09-30 1,689.81 1,440.58 160.79
2013-06-30 1,675.31 1,384.67 121.94
  • Arkan Building Materials Company (ARKAN) PJSC's level of debt (54.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (86.6% vs 54.7% today).
  • Debt is not well covered by operating cash flow (7.7%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Arkan Building Materials Company (ARKAN) PJSC's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Arkan Building Materials Company (ARKAN) PJSC has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ARKAN Dividends

 What is Arkan Building Materials Company (ARKAN) PJSC's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Arkan Building Materials Company (ARKAN) PJSC dividends.
If you bought AED2,000 of Arkan Building Materials Company (ARKAN) PJSC shares you are expected to receive AED0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Arkan Building Materials Company (ARKAN) PJSC's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Arkan Building Materials Company (ARKAN) PJSC's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ADX:ARKAN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Basic Materials Industry Average Dividend Yield Market Cap Weighted Average of 202 Stocks 3.5%
United Arab Emirates Market Average Dividend Yield Market Cap Weighted Average of 62 Stocks 6.5%
United Arab Emirates Minimum Threshold Dividend Yield 10th Percentile 3%
United Arab Emirates Bottom 25% Dividend Yield 25th Percentile 5%
United Arab Emirates Top 25% Dividend Yield 75th Percentile 9.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ADX:ARKAN Past Annualized Dividends Data
Date (Data in AED) Dividend per share (annual) Avg. Yield (%)
2017-02-14 0.000 0.000
2016-10-31 0.000 0.000
2016-07-28 0.000 0.000
2016-05-02 0.000 0.000
2016-03-24 0.000 0.000
2015-05-03 0.025 2.661
2010-07-29 0.000 0.000
2010-05-02 0.000 0.000
2010-03-01 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Arkan Building Materials Company (ARKAN) PJSC has not reported any payouts.
  • Unable to verify if Arkan Building Materials Company (ARKAN) PJSC's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Arkan Building Materials Company (ARKAN) PJSC's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Arkan Building Materials Company (ARKAN) PJSC has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Arkan Building Materials Company (ARKAN) PJSC's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Arkan Building Materials Company (ARKAN) PJSC afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Arkan Building Materials Company (ARKAN) PJSC has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ARKAN Management

 What is the CEO of Arkan Building Materials Company (ARKAN) PJSC's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Abdellatif Sfaxi
CEO Bio

Mr. Abdellatif Sfaxi serves as the Chief Executive Officer of Arkan Building Materials Company P.J.S.C.

CEO Compensation
  • Insufficient data for Abdellatif to compare compensation growth.
  • Insufficient data for Abdellatif to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Abdellatif Sfaxi

TITLE
Chief Executive Officer

Faizal Amod

TITLE
Chief Financial Officer
TENURE
10.8 yrs
Board of Directors

Jamal Al Dhaheri

TITLE
Chairman
AGE
49

Jassem Busaibe

TITLE
Vice Chairman

Ahmed Al Muhairi

TITLE
Director

Aqeel Madhi

TITLE
Director

Mohammad Al Fahim

TITLE
Director

Khalifa Saif Ahmed Al Ketbi

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (AED) Value (AED)
X
Management checks
We assess Arkan Building Materials Company (ARKAN) PJSC's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Arkan Building Materials Company (ARKAN) PJSC has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ARKAN News

Simply Wall St News

ARKAN Company Info

Description

Arkan Building Materials Company (ARKAN) PJSC engages in the manufacture and sale of building and construction products in the United Arab Emirates. The company’s products include ordinary Portland cement, high sulfate resistant cement, moderate sulfate resistant cement, Portland limestone cement, clinker, and slag. It also offers various concrete products; centrifugally cast and glass fiber reinforced polyester pipes; and multi-wall kraft paper and plastic bags. The company was founded in 2005 and is headquartered in Abu Dhabi, the United Arab Emirates. Arkan Building Materials Company is a subsidiary of Senaat General Holding Corporation.

Details
Name: Arkan Building Materials Company (ARKAN) PJSC
ARKAN
Exchange: ADX
Founded: 2005
AED656,250,000
1,750,000,000
Website: http://www.arkan.ae
Address: Arkan Building Materials Company (ARKAN) PJSC
Prestige Tower,
17th Floor,
Abu Dhabi,
United Arab Emirates
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ADX ARKAN Ordinary Shares Abu Dhabi Securities Exchange AE AED 08. Jan 2007
Number of employees
Current staff
Staff numbers
0
Arkan Building Materials Company (ARKAN) PJSC employees.
Industry
Construction Materials
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 16:38
End of day share price update: 2020/04/02 00:00
Last earnings filing: 2020/02/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.