Al-Jazeera Steel Product


NameAl-Jazeera Steel Product
SectorManufacturing - Fabricated metals
TradingMSM
RIC CodeAJTM.OM
LocationOMAN


Profile and Background

Al-Jazeera Tube Mills Company was established in early 1997 following the flotation of 40 per cent of its equity. Its main founding shareholder is Moosa Abdul-Rahman Hassan Company with 20 per cent. Based in Sohar, Al-Jazeera manufactures galvanized and cold and hot-rolled black pipes for the local market and export.

It is the first company of its kind in Oman.Al-Jazeera reported sales of RO 1.18 million ($3 million) in its first full year of operation. A net loss of RO 427,244 ($1.1 million) was recorded. The loss has been absorbed by reserves.

The price of Al-Jazeera shares rose sharply in the first half of 2000 as sales moved ahead. This in part reflected hopes of a dividend pay-out in due course.

Shareholding Groups

IndividualsN/A
InstitutionsN/A
FloatingN/A
GovernmentN/A

Stock Performance

Al-Jazeera Steel Product Stock Performance



Market Information

StockOman Index
Last ClosingRO 0.3081832.4
YTD % -2.001% 0%
Weekly % -0.821% 6.57%
Year HighRO 0.541909.5
Year LowRO 0.251555
52 Week HighRO 0.462951.18
52 Week LowRO 0.291734.99
BETA4.3734
Outstanding Shares61,200,000
Market CapRO 18,849,600
Market Cap in $USD $48,960,000
% of Oman Market0.39%
% of Sector2.36%
Rank by Cap32

Key Figures in '000 RO

200420032002
Total Assets20,62515,66314,382
Shareholder's Equity7,2783,9313,815
NIAT3,347356902
DividendsN/AN/A240

Financial Ratios

200420032002
Assets Growth31.68%8.91%13.32%
Earning Growth840.81%-60.56%127.47%
ROaA18.45%2.37%6.67%
ROaE59.72%9.19%32.69%
No. Of Shares3,600,0002,400,0002,400,000
EPS0.930.150.38
EPS Growth840.81%-60.56%127.47%
Payout RatioN/AN/A26.602

Valuation Ratios

Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity




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