-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
TALCO 2024 profit up 3% to SAR 82.7M; Q4 at SAR 21.9M
Al Taiseer Group Talco Industrial Co.’s (TALCO) net profit rose to SAR 82.7 million for 2024, compared to SAR 80.1 million in 2023.
Financials (M)
| Item | 2023 | 2024 | Change |
|---|---|---|---|
| Revenues | 677.86 | 706.51 | 4.2 % |
| Gross Income | 147.13 | 158.89 | 8.0 % |
| Operating Income | 93.84 | 96.76 | 3.1 % |
| Net Income | 80.13 | 82.65 | 3.1 % |
| Average Shares | 40.00 | 40.00 | - |
| Earnings Per Share before unusual items | 2.00 | 2.07 | 3.1 % |
| EPS (Riyals) | 2.00 | 2.07 | 3.1 % |
Sales value rose to SAR 706.51 million in 2024, compared to SAR 677.86 million in 2023, on higher sales volumes in aluminum and paint segments.
Cost of sales decreased, along with an increase in other revenues.
Current Quarter Comparison (M)
| Item | Q4 2023 | Q4 2024 | Change |
|---|---|---|---|
| Revenues | 179.71 | 212.09 | 18.0 % |
| Gross Income | 41.98 | 46.76 | 11.4 % |
| Operating Income | 15.05 | 24.92 | 65.6 % |
| Net Income | 21.44 | 21.90 | 2.1 % |
| Average Shares | 40.00 | 40.00 | - |
| Earnings Per Share before unusual items | 0.54 | 0.55 | 2.1 % |
| EPS (Riyals) | 0.54 | 0.55 | 2.1 % |
On the other hand, TALCO witnessed an increase in selling, marketing, administrative and general expenses. The company also experienced higher losses due to impairment in receivables. Moreover, financing costs saw an increase, along with a rise in Zakat expenses.
In Q4 2024, the company’s net profit dropped 2% YoY to SAR 21.9 million, from SAR 21.44 million.
On a sequential basis, net earnings surged 30.6% from SAR 16.77 million in Q3 2024.
Shareholders’ equity, no minority interest, reached SAR 505.63 million by Dec. 31, 2024, compared to SAR 483.44 million in the year-earlier period.
View other reports
Share Price
Al Taiseer Group Talco Industrial Co. (TALCO)
| Current | |
| Market Cap (M Riyal) | 1,872.00 |
| Enterprise Value (EV) (M) | 1,791.08 |
| Shares Outstanding ((M)) | 40.00 |
| EPS ( Riyal) (TTM) | 2.07 |
| Book Value (BV) ( Riyal) | 12.64 |
| Par Value ( Riyal) | 10.00 |
| Adjusted P/E (Last12) | 22.65 |
| P/E (TTM) | 22.65 |
| Price/book | 3.70 |
| Return on Average Assets (%) (TTM) | 12.3 |
| Return on Average Equity (%) (TTM) | 16.7 |
Financial results (Million)
| Period | Revenues | Change | Gross Income | Change | Operating Income | Change |
|---|---|---|---|---|---|---|
| Q1 2024 | 162.37 | (11.0 %) | 38.47 | (3.2 %) | 26.52 | (2.1 %) |
| Q2 2024 | 164.80 | 5.3 % | 37.94 | 20.5 % | 25.22 | 44.8 % |
| Q3 2024 | 167.25 | 5.0 % | 35.72 | 5.3 % | 20.11 | (10.1 %) |
| Q4 2024 | 212.09 | 18.0 % | 46.76 | 11.4 % | 24.92 | 65.6 % |
| 2024 | 706.51 | 4.2 % | 158.89 | 8.0 % | 96.76 | 3.1 % |
Profit Performance (Million)
| Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | Earnings Per Share before unusual items |
|---|---|---|---|---|---|---|
| Q1 2024 | 23.10 | (5.9 %) | 0.58 | - | 23.10 | 0.58 |
| Q2 2024 | 20.87 | 36.6 % | 0.52 | - | 20.87 | 0.52 |
| Q3 2024 | 16.77 | (11.0 %) | 0.42 | - | 16.77 | 0.42 |
| Q4 2024 | 21.90 | 2.1 % | 0.55 | - | 21.90 | 0.55 |
| 2024 | 82.65 | 3.1 % | 2.07 | - | 82.65 | 2.07 |
Profitability
| Period | Gross Margin | OIBDA Margin | Net Margin Before Unusual Items |
|---|---|---|---|
| Q1 2024 | 22.17 % | 15.78 % | 11.96 % |
| Q2 2024 | 22.87 % | 16.74 % | 12.65 % |
| Q3 2024 | 22.86 % | 16.21 % | 12.19 % |
| Q4 2024 | 22.49 % | 16.89 % | 11.70 % |
| 2024 | 22.49 % | 16.89 % | 11.70 % |
Per Share Data (Riyal)
| Period | Shares Outstanding (M) | EPS (Riyal) | Earnings Per Share before unusual items (Riyal) | Book Value (BV) |
|---|---|---|---|---|
| Q1 2024 | 40.00 | 1.97 | 1.97 | - |
| Q2 2024 | 40.00 | 2.11 | 2.11 | 13.14 |
| Q3 2024 | 40.00 | 2.05 | 2.05 | 13.59 |
| Q4 2024 | 40.00 | 2.07 | 2.07 | 12.64 |
Multiple Ratios (End of Period Price)
| Period | P/E | Adjusted P/E | Price/book |
|---|---|---|---|
| Q1 2024 | - | - | - |
| Q2 2024 | 27.34 | 27.34 | 4.38 |
| Q3 2024 | 28.86 | 28.86 | 4.36 |
| Q4 2024 | 26.81 | 26.81 | 4.38 |
Business Segments (Million)
Q4 2024
| Period | Forming and selling aluminum | Thermoset powder coating | Aluminum accessories | Overlapping transactions and balances |
|---|---|---|---|---|
| Q3 2024 | 143.82 | 6.40 | 5.68 | - |
| Q4 2024 | 188.13 | 15.37 | 8.57 | - |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}