Tabouk Agriculture
| Name | Tabouk Agriculture | |
| Sector | Agriculture Forestry and Fisheries - Crops | |
| Trading | Tadawul | |
| RIC Code | 6040.SE | |
| Location | SAUDI ARABIA |
Profile and Background
Tabuk Agricultural Development Company (Tadco) was created in 1983 to promote agricultural development in Tabuk province in the far north east of the kingdom. The company's honorary chairman is Prince Fahad Bin Sultan Bin Abdulaziz, governor of the province.
Government agencies own 8.2 per cent of Tadec's shares. Tadec investments include stakes in the Qassim Agricultural Development Company (Gaco), National Seeds Production & Trade Company and the Saudi Cooling Transport Company.
Net profits soared 80 per cent to SR 23 million ($6.1 million) in 1997, from SR 12.8 million ($3.4 million) the year before. The company has managed to report profits throughout the 1990s despite the reduction of government support.
Sales revenues fell to SR 119 million ($32 million) in 1998. Net profits dropped by almost 50 per cent in the year to SR 12.2 million ($3.3 million).
Government agencies own 8.2 per cent of Tadec's shares. Tadec investments include stakes in the Qassim Agricultural Development Company (Gaco), National Seeds Production & Trade Company and the Saudi Cooling Transport Company.
Net profits soared 80 per cent to SR 23 million ($6.1 million) in 1997, from SR 12.8 million ($3.4 million) the year before. The company has managed to report profits throughout the 1990s despite the reduction of government support.
Sales revenues fell to SR 119 million ($32 million) in 1998. Net profits dropped by almost 50 per cent in the year to SR 12.2 million ($3.3 million).
Shareholding Groups
| Individuals | N/A |
| Institutions | N/A |
| Floating | N/A |
| Government | 8% |
Stock Performance
Market Information
| Stock | Saudi_Arabia Index | |
| Last Closing | SAR 37.5 | 3424.18 |
| YTD % |  -9.023% |  0% |
| Weekly % | -2.703% |  5.55% |
| Year High | SAR 82.07 | 9083.39 |
| Year Low | SAR 37.03 | 3296.01 |
| 52 Week High | SAR 144.12 | 4532.55 |
| 52 Week Low | SAR 36.53 | 2983.01 |
| BETA | 1.9659 | |
| Outstanding Shares | 20,000,000 | |
| Market Cap | SAR 750,000,000 | |
| Market Cap in $ | USD $200,000,000 | |
| % of Saudi_Arabia Market | 0.06% | |
| % of Sector | 6.99% | |
| Rank by Cap | 74 |
Key Figures in '000 SAR
| 2004 | 2003 | 2002 | |
| Total Assets | 441,454 | 422,253 | 411,900 |
| Shareholder's Equity | 359,881 | 354,268 | 348,842 |
| NIAT | 20,787 | 15,757 | 5,673 |
| Dividends | 12,000 | 10,000 | 20,000 |
Financial Ratios
| 2004 | 2003 | 2002 | |
| Assets Growth | 4.55% | 2.51% | -2.70% |
| Earning Growth | 31.93% | 177.76% | -59.00% |
| ROaA | 4.81% | 3.78% | 1.36% |
| ROaE | 5.82% | 4.48% | 1.59% |
| No. Of Shares | 4,000,000 | 4,000,000 | 4,000,000 |
| EPS | 5.20 | 3.94 | 1.42 |
| EPS Growth | 31.93% | 177.76% | -59.00% |
| Payout Ratio | 57.727 | 63.466 | 352.566 |
Valuation Ratios
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| PE | |
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| Div Yield | |
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