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Saudi Ground Services

SASE:4031
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
4031
SASE
SAR4B
Market Cap
  1. Home
  2. SA
  3. Transportation
Company description

Saudi Ground Services Company provides ground handling services to airlines in the Kingdom of Saudi Arabia. The last earnings update was 36 days ago. More info.


Add to Portfolio Compare Print
  • Saudi Ground Services has significant price volatility in the past 3 months.
4031 Share Price and Events
7 Day Returns
0.2%
SASE:4031
4%
Asia Infrastructure
5.1%
SA Market
1 Year Returns
-20.1%
SASE:4031
-26.2%
Asia Infrastructure
-24.6%
SA Market
4031 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Saudi Ground Services (4031) 0.2% -15.5% -34.9% -20.1% -54.3% -
Asia Infrastructure 4% -8.2% -21.2% -26.2% -25.9% -33.5%
SA Market 5.1% 12.9% -10.2% -24.6% -3.5% -19%
1 Year Return vs Industry and Market
  • 4031 outperformed the Infrastructure industry which returned -26.2% over the past year.
  • 4031 outperformed the Market in Saudi Arabia which returned -24.6% over the past year.
Price Volatility
4031
Industry
5yr Volatility vs Market
Related Companies

4031 Value

 Is Saudi Ground Services 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 Saudi Ground Services 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 Saudi Ground Services.

SASE:4031 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.7%
Perpetual Growth Rate 10-Year SA Government Bond Rate 8.5%

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 SASE:4031
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year SA Govt Bond Rate 8.5%
Equity Risk Premium S&P Global 6.3%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.722 (1 + (1- 20%) (3.98%))
0.829
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.48% + (0.829 * 6.33%)
13.73%

Discounted Cash Flow Calculation for SASE:4031 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Saudi Ground Services 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.

SASE:4031 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SAR, Millions) Source Present Value
Discounted (@ 13.73%)
2020 1,067.46 Est @ 30.66% 938.59
2021 1,323.74 Est @ 24.01% 1,023.41
2022 1,579.89 Est @ 19.35% 1,073.99
2023 1,834.08 Est @ 16.09% 1,096.26
2024 2,087.30 Est @ 13.81% 1,096.99
2025 2,342.12 Est @ 12.21% 1,082.31
2026 2,601.86 Est @ 11.09% 1,057.19
2027 2,870.03 Est @ 10.31% 1,025.37
2028 3,150.11 Est @ 9.76% 989.56
2029 3,445.44 Est @ 9.38% 951.67
Present value of next 10 years cash flows SAR10,335.00
SASE:4031 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= SAR3,445.44 × (1 + 8.48%) ÷ (13.73% – 8.48%)
SAR71,189.42
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SAR71,189.42 ÷ (1 + 13.73%)10
SAR19,663.27
SASE:4031 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SAR10,335.00 + SAR19,663.27
SAR29,998.27
Equity Value per Share
(SAR)
= Total value / Shares Outstanding
= SAR29,998.27 / 188.00
SAR159.57
SASE:4031 Discount to Share Price
Calculation Result
Value per share (SAR) From above. SAR159.57
Current discount Discount to share price of SAR23.40
= -1 x (SAR23.40 - SAR159.57) / SAR159.57
85.3%

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

Current Discount
Amount off the current price Saudi Ground Services is available for.
Intrinsic value
>50%
Share price is SAR23.4 vs Future cash flow value of SAR159.57
Current Discount Checks
For Saudi Ground Services to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Saudi Ground Services's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Saudi Ground Services's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Saudi Ground Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Saudi Ground Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SASE:4031 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in SAR SAR2.25
SASE:4031 Share Price ** SASE (2020-04-09) in SAR SAR23.4
Asia Infrastructure Industry PE Ratio Median Figure of 146 Publicly-Listed Infrastructure Companies 10.08x
Saudi Arabia Market PE Ratio Median Figure of 123 Publicly-Listed Companies 19.91x

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

** Primary Listing of Saudi Ground Services.

SASE:4031 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SASE:4031 Share Price ÷ EPS (both in SAR)

= 23.4 ÷ 2.25

10.39x

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

  • Saudi Ground Services is overvalued based on earnings compared to the Asia Infrastructure industry average.
  • Saudi Ground Services is good value based on earnings compared to the Saudi Arabia market.
Price based on expected Growth
Does Saudi Ground Services's expected growth come at a high price?
Raw Data
SASE:4031 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 10.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Asia Infrastructure Industry PEG Ratio Median Figure of 50 Publicly-Listed Infrastructure Companies 1.16x
Saudi Arabia Market PEG Ratio Median Figure of 59 Publicly-Listed Companies 1.69x

*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 Saudi Ground Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Saudi Ground Services's assets?
Raw Data
SASE:4031 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in SAR SAR15.67
SASE:4031 Share Price * SASE (2020-04-09) in SAR SAR23.4
Asia Infrastructure Industry PB Ratio Median Figure of 160 Publicly-Listed Infrastructure Companies 0.8x
Saudi Arabia Market PB Ratio Median Figure of 185 Publicly-Listed Companies 1.33x
SASE:4031 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SASE:4031 Share Price ÷ Book Value per Share (both in SAR)

= 23.4 ÷ 15.67

1.49x

* Primary Listing of Saudi Ground Services.

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

  • Saudi Ground Services is overvalued based on assets compared to the Asia Infrastructure industry average.
X
Value checks
We assess Saudi Ground Services'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 Infrastructure 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 Infrastructure industry average (and greater than 0)? (1 check)
  5. Saudi Ground Services has a total score of 3/6, 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.

4031 Future Performance

 How is Saudi Ground Services expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
0.3%
Expected annual growth in revenue.
Earnings growth vs Low Risk Savings
Is Saudi Ground Services expected to grow at an attractive rate?
  • Unable to compare Saudi Ground Services's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Saudi Ground Services's earnings growth to the Saudi Arabia market average as no estimate data is available.
  • Saudi Ground Services's revenue growth is positive but not above the Saudi Arabia market average.
Annual Growth Rates Comparison
Raw Data
SASE:4031 Future Growth Rates Data Sources
Data Point Source Value (per year)
SASE:4031 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 0.3%
Asia Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
Asia Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
Saudi Arabia Market Earnings Growth Rate Market Cap Weighted Average 8.2%
Saudi Arabia Market Revenue Growth Rate Market Cap Weighted Average 7%

*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
SASE:4031 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in SAR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SASE:4031 Future Estimates Data
Date (Data in SAR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,560 607 1
2020-12-31 2,534 601 1
2020-04-09
SASE:4031 Past Financials Data
Date (Data in SAR Millions) Revenue Cash Flow Net Income *
2019-12-31 2,540 966 423
2019-09-30 2,512 489 405
2019-06-30 2,529 535 377
2019-03-31 2,541 358 366
2018-12-31 2,554 436 368
2018-09-30 2,568 658 376
2018-06-30 2,564 724 443
2018-03-31 2,564 802 453
2017-12-31 2,586 564 502
2017-09-30 2,607 568 542
2017-06-30 2,652 574 575
2017-03-31 2,685 605 649

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Saudi Ground Services is high growth as no earnings estimate data is available.
  • Saudi Ground Services's revenue is expected to grow by 0.3% yearly, however this is not considered high growth (20% yearly).
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
SASE:4031 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 1 Analyst Estimates (S&P Global) See Below

All data from Saudi Ground Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SASE:4031 Future Estimates Data
Date (Data in SAR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-09
SASE:4031 Past Financials Data
Date (Data in SAR Millions) EPS *
2019-12-31 2.25
2019-09-30 2.15
2019-06-30 2.01
2019-03-31 1.95
2018-12-31 1.96
2018-09-30 2.00
2018-06-30 2.36
2018-03-31 2.41
2017-12-31 2.67
2017-09-30 2.89
2017-06-30 3.06
2017-03-31 3.46

*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.
  • Saudi Ground Services is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Saudi Ground Services'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.
Saudi Ground Services 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.

4031 Past Performance

  How has Saudi Ground Services 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 Saudi Ground Services's growth in the last year to its industry (Infrastructure).
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.
  • Saudi Ground Services's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Saudi Ground Services's 1-year earnings growth exceeds its 5-year average (14.9% vs -16.2%)
  • Saudi Ground Services's earnings growth has exceeded the Asia Infrastructure industry average in the past year (14.9% vs 4.6%).
Earnings and Revenue History
Saudi Ground Services'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 Saudi Ground Services Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SASE:4031 Past Revenue, Cash Flow and Net Income Data
Date (Data in SAR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,539.76 423.35 264.60
2019-09-30 2,512.09 404.56 265.16
2019-06-30 2,529.42 377.02 268.46
2019-03-31 2,541.30 365.88 276.75
2018-12-31 2,554.04 368.43 311.20
2018-09-30 2,567.62 376.11 315.49
2018-06-30 2,564.20 443.48 303.19
2018-03-31 2,563.56 453.04 352.03
2017-12-31 2,585.53 501.50 351.63
2017-09-30 2,607.49 541.54 303.89
2017-06-30 2,651.50 575.20 295.70
2017-03-31 2,684.69 648.74 229.01
2016-12-31 2,726.67 685.77 216.76
2016-09-30 2,765.53 750.55 195.26
2016-06-30 2,685.40 723.93 189.73
2016-03-31 2,603.75 702.39 181.50
2015-12-31 2,540.51 621.07 183.61
2015-09-30 3,176.88 780.79 258.73
2014-12-31 2,408.03 656.98 196.75
2013-12-31 2,143.85 605.96 148.44

*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.
  • Saudi Ground Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Saudi Ground Services used its assets more efficiently than the Asia Infrastructure industry average last year based on Return on Assets.
  • Saudi Ground Services's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Saudi Ground Services'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 Infrastructure 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.
Saudi Ground Services has a total score of 3/6, 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.

4031 Health

 How is Saudi Ground Services'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 Saudi Ground Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Saudi Ground Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Saudi Ground Services's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Saudi Ground Services'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.
  • Low level of unsold assets.
  • Saudi Ground Services has no debt, it does not need to be covered by short term assets.
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 Saudi Ground Services Company Filings, last reported 3 months ago.

SASE:4031 Past Debt and Equity Data
Date (Data in SAR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,945.89 0.00 1,063.78
2019-09-30 2,871.82 0.00 779.71
2019-06-30 2,939.61 0.00 933.35
2019-03-31 2,966.15 0.00 879.44
2018-12-31 2,876.37 0.00 614.92
2018-09-30 2,817.52 0.00 738.55
2018-06-30 2,969.24 0.00 927.30
2018-03-31 2,978.72 0.00 1,029.84
2017-12-31 2,872.07 0.00 692.17
2017-09-30 2,925.36 0.00 883.01
2017-06-30 2,887.51 0.00 779.22
2017-03-31 2,887.43 0.00 860.98
2016-12-31 2,976.71 0.00 957.43
2016-09-30 2,948.68 0.00 870.65
2016-06-30 2,877.68 0.00 832.91
2016-03-31 2,802.93 0.00 799.64
2015-12-31 2,703.85 0.00 794.52
2015-09-30 2,823.30 0.00 609.80
2014-12-31 2,484.58 0.00 529.79
2013-12-31 2,157.59 12.78 439.68
  • Saudi Ground Services has no debt.
  • Saudi Ground Services currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Saudi Ground Services has no debt, it does not need to be covered by operating cash flow.
  • Saudi Ground Services has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Saudi Ground Services'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. Saudi Ground Services has a total score of 6/6, 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.

4031 Dividends

 What is Saudi Ground Services'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
7.69%
Current annual income from Saudi Ground Services dividends.
If you bought SAR2,000 of Saudi Ground Services shares you are expected to receive SAR154 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?
  • Saudi Ground Services's pays a higher dividend yield than the bottom 25% of dividend payers in Saudi Arabia (2.79%).
  • Saudi Ground Services's dividend is above the markets top 25% of dividend payers in Saudi Arabia (6.53%).
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
SASE:4031 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 1 Analyst Estimates (S&P Global) See Below
Asia Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 126 Stocks 3.4%
Saudi Arabia Market Average Dividend Yield Market Cap Weighted Average of 82 Stocks 1.1%
Saudi Arabia Minimum Threshold Dividend Yield 10th Percentile 1.9%
Saudi Arabia Bottom 25% Dividend Yield 25th Percentile 2.8%
Saudi Arabia Top 25% Dividend Yield 75th Percentile 6.5%

Industry and Market average data is calculated daily.

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

SASE:4031 Future Dividends Estimate Data
Date (Data in SAR) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-09
SASE:4031 Past Annualized Dividends Data
Date (Data in SAR) Dividend per share (annual) Avg. Yield (%)
2020-03-04 1.800 7.528
2020-03-01 1.800 5.735
2019-03-26 1.950 6.238

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

  • It is too early to tell whether Saudi Ground Services has stable dividend payments.
  • Saudi Ground Services only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Saudi Ground Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Saudi Ground Services 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 Saudi Ground Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.9%) - 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 Saudi Ground Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Saudi Ground Services has a total score of 2/6, see the detailed checks below.


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

4031 Management

 What is the CEO of Saudi Ground Services'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
Fahad Cynndy
TENURE AS CEO 0.6 years
CEO Bio

Captain Fahad Cynndy has been Chief Executive Officer at Saudi Ground Services Company since September 2019. Capt. Cynndy holds an Associate Degree – Commercial Aviation – Program from North Dakota University, (United States of America) and Bachelor of Science - Mechanical Engineering – Degree from Wester New England University, Massachusetts (United States of America) and Master of Business Administration (MBA) from Hong Kong University of Science and Technology (China) also holds a Certificate of Leadership Executives Program from Stanford University, (United States of America) and alongside the Captain has more than 6300 Flight Hours and has the American Federal License for Commercial Aviation alongside of that he is an instructor certified from IATA Organization.

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

Average tenure and age of the Saudi Ground Services management team in years:

3.8
Average Tenure
48
Average Age
  • The tenure for the Saudi Ground Services management team is about average.
Management Team

Fahad Cynndy

TITLE
Chief Executive Officer
TENURE
0.6 yrs

Raed Al-Idrissi

TITLE
Executive Vice President of Operations
TENURE
0.4 yrs

Mohammed Bakhribah

TITLE
Acting General Manager of Legal
AGE
53
TENURE
6.4 yrs

Ayman Al Tawil

TITLE
General Manager of Corporate Governance & Compliance
AGE
43
TENURE
3.8 yrs

Ahmed Jannah

TITLE
General Manager of Marketing & Sales
AGE
58
TENURE
6.9 yrs

Ayman AlGhamdi

TITLE
Vice President of Human Resources
AGE
38

Moteb Al-Zahrani

TITLE
Chief Executive Officer Consultant
Board of Directors

Khalid Alboainain

TITLE
Chairman

Omar Bin Abdullah Jafri

TITLE
Director
AGE
62

Mansour Albosuli

TITLE
Director
AGE
59

Mohammed Alyemani

TITLE
Director

Saleh Hefni

TITLE
Director

Kon Korfiatis

TITLE
Director

Per Utnegaard

TITLE
Director
AGE
60

Onno Cornelis Boots

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 (SAR) Value (SAR)
X
Management checks
We assess Saudi Ground Services'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. Saudi Ground Services 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.

4031 News

Simply Wall St News

4031 Company Info

Description

Saudi Ground Services Company provides ground handling services to airlines in the Kingdom of Saudi Arabia. It offers a range of passenger services, including arrival and transfer, passenger manifesting and seat allocation, station management, gate, and VIP services, as well as check-in services, such as boarding pass and baggage tagging, and load planning and pre-flight editing services. The company also provides baggage handling services comprising baggage sorting and transportation, as well as lost and found services; ramp services; cargo loading/offloading services; and fleet cleaning services, such as cabin grooming, deep cleaning, and turnaround cleaning, as well as water and toilet services. In addition, it offers operation services and traffic control, including air to ground services, various flight preparations, and en-route flight assistance services, as well as monitor movement of flights, which are beyond VHF range. Further, the company provides technical and transportation services. The company was founded in 2008 and is based in Jeddah, the Kingdom of Saudi Arabia. Saudi Ground Services Company is a subsidiary of Saudi Arabian Airlines Corporation.

Details
Name: Saudi Ground Services Company
4031
Exchange: SASE
Founded: 2008
SAR4,399,200,000
188,000,000
Website: http://www.saudiags.com
Address: Saudi Ground Services Company
Al-Henaki Center,
Al-Nahdah District,
Jeddah,
21572,
Saudi Arabia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SASE 4031 Ordinary Shares Saudi Arabian Stock Exchange SA SAR 30. Jun 2015
Number of employees
Current staff
Staff numbers
0
Saudi Ground Services employees.
Industry
Airport Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 21:07
End of day share price update: 2020/04/09 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/03/04
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.