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ADES AB​
HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings
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  • Home
  • AI Agent
  • Annotations
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
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  • Get the full experience

    We save the real magic for signed-in users.

ADES AB​
HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Ades Holding Co.(ADES AB)

$8.49-0.222.53%(Market Closed · 12:19:58 UTC · (15 min delay))
ProfileEntity StructureFinancialsChartingEmployees

Overview

ProfileEntity Structure

Financials & Metrics

FinancialsChartingEmployees

Ades Holding Co.(ADES AB)

$8.49-0.222.53%(Market Closed · 12:19:58 UTC · (15 min delay))
ProfileEntity StructureFinancialsChartingEmployees

Overview

ProfileEntity Structure

Financials & Metrics

FinancialsChartingEmployees
Ask AI
Ask AI

Ades Holding Co. — Company Profile

ADES Holding Company, through its various subsidiaries, specializes in providing a comprehensive suite of oil and gas drilling and production services throughout the Middle East and Asia. The company's core operations are divided into offshore and onshore segments. For its offshore clients, ADES offers drilling, well maintenance, and mobile offshore production unit (MOPU) production capabilities, supplemented by shipboard support services such as accommodation and catering. On the onshore front, the company delivers drilling, general maintenance, and extensive repair services. Founded in 2016, ADES Holding Company maintains its headquarters in Al Khobar, United Arab Emirates.

Sector
Energy
Industry
Energy Equipment & Services
Exchange
AB
CEO
Mohamed Farouk Mohamed Abdul Majeed Abdul Khaleq
Headquarters
Al Khobar, EP, SA
IPO Date
Oct 11, 2023
Employees
3,024
Website
adesgroup.com

Key Metrics

Price
$17.25
Market Cap
$19.05B
Revenue (TTM)
$2.39B
Net Income (TTM)
$236.44M
EPS (TTM)
0.21
P/E (TTM)
22.14
P/B (TTM)
2.81
Dividend Yield
2.42%
ROE (TTM)
3.49%
ROA (TTM)
0.75%
Operating Margin
27.73%
Beta
0.48

Dividends

Last Dividend
$0.24
Last Yield
0.02%

Summary

ADES Holding Company, through its various subsidiaries, specializes in providing a comprehensive suite of oil and gas drilling and production services throughout the Middle East and Asia. The company's core operations are divided into offshore and onshore segments. For its offshore clients, ADES offers drilling, well maintenance, and mobile offshore production unit (MOPU) production capabilities, supplemented by shipboard support services such as accommodation and catering. On the onshore front, the company delivers drilling, general maintenance, and extensive repair services. Founded in 2016, ADES Holding Company maintains its headquarters in Al Khobar, United Arab Emirates.

Website
adesgroup.com
Location
Al Khobar, EP, SA
Phone966 138499904
Employees3,024
CEOMohamed Farouk Mohamed Abdul Majeed Abdul Khaleq
Sector
Energy
Industry
Energy Equipment & Services
IPO DateOct 11, 2023

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Key Stats

Trading

Px/Chg 1D$17.25 / +0.88%
Avg Volume1.92M
Beta0.48
Mkt Cap19.05B
FD Mkt Cap20.26B

Float

Shrs Out/Float1.10B / 340.74M
Short Float0.00%
Days to Cover0.00
Stock Repurchased$0.00

Current Valuation

EV37.14B
EV/EBITDA9.56
EV/Sales4.88
P/B2.81
P/S2.50
FCF Yield1.49%
ROE3.49%
ROA0.75%
Current Ratio1.03

Dividend

Cash$0.24
Yield2.42%
Yield (TTM)2.42%

Estimates

P/E22.14
Est P/E0.00
Est EPS0.20
Est PEG0.00

Valuation

Metric5Yr AvgMar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings59.2851.4322.3282.8180.55
Price / Sales6.335.252.899.207.97
Price / Book Value3.063.962.762.702.81
Price / Free Cash Flow39.76-12.8828.7776.0267.13
ENTERPRISE VALUE METRICS
Enterprise Value34,206.733,326.129,781.536,582.937,136.2
Enterprise Value / Sales11.617.694.8018.4215.53
Enterprise Value / EBITDA23.6916.009.7536.3632.65
Enterprise Value / EBIT40.6125.9416.6963.8056.02

Financials

Full Financials
Millions SAR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue45%1,514.22,467.24,331.96,199.06,689.0
Gross Income47.9%515.9873.81,711.12,359.12,468.1
EBITDA49.5%705.11,159.32,082.43,053.13,526.0
EBIT112.1%97.9334.81,285.01,784.41,978.9
Net Income66%107.8390.4442.1802.5818.0
EPS (Diluted)54.5%0.130.460.590.730.74
BALANCE SHEET
Cash & ST Inv80.3%232.9190.8432.3847.12,458.4
Total Assets47.2%6,692.114,501.319,422.521,628.731,411.7
Total Liabilities50.7%4,769.012,242.913,645.515,090.724,598.7
Total Shareholder Equity37.6%1,893.52,222.15,748.26,492.86,780.2
CASH FLOW
Net Operating Cash Flow134.3%69.8792.91,413.02,998.82,101.4
Cap Ex50.8%-355.1-3,923.2-4,048.4-2,375.1-1,837.9
Free Cash Flow—-285.3-3,130.3-1,765.7622.4263.5

Enterprise Value Bridge

Millions SAR12 Nov '26
Price (As of 12 Nov '26)8.47
Basic Shares1,104.15
Market Cap9,352.1
Diluted Shares2,208.30
Fully Diluted Shares Outstanding2,208.30
Fully Diluted Market Cap18,704.3
+Consolidated Debt21,012.7
−In-the-Money Convertible Debt—
+Capital Leases446.7
+Operating Leases—
−Cash & Equivalents-2,434.6
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest27.1
+Pension Liabilities—
Enterprise Value27,957.4

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Ades Holding Co. — Company Profile

ADES Holding Company, through its various subsidiaries, specializes in providing a comprehensive suite of oil and gas drilling and production services throughout the Middle East and Asia. The company's core operations are divided into offshore and onshore segments. For its offshore clients, ADES offers drilling, well maintenance, and mobile offshore production unit (MOPU) production capabilities, supplemented by shipboard support services such as accommodation and catering. On the onshore front, the company delivers drilling, general maintenance, and extensive repair services. Founded in 2016, ADES Holding Company maintains its headquarters in Al Khobar, United Arab Emirates.

Sector
Energy
Industry
Energy Equipment & Services
Exchange
AB
CEO
Mohamed Farouk Mohamed Abdul Majeed Abdul Khaleq
Headquarters
Al Khobar, EP, SA
IPO Date
Oct 11, 2023
Employees
3,024
Website
adesgroup.com

Key Metrics

Price
$17.25
Market Cap
$19.05B
Revenue (TTM)
$2.39B
Net Income (TTM)
$236.44M
EPS (TTM)
0.21
P/E (TTM)
22.14
P/B (TTM)
2.81
Dividend Yield
2.42%
ROE (TTM)
3.49%
ROA (TTM)
0.75%
Operating Margin
27.73%
Beta
0.48

Dividends

Last Dividend
$0.24
Last Yield
0.02%

Summary

ADES Holding Company, through its various subsidiaries, specializes in providing a comprehensive suite of oil and gas drilling and production services throughout the Middle East and Asia. The company's core operations are divided into offshore and onshore segments. For its offshore clients, ADES offers drilling, well maintenance, and mobile offshore production unit (MOPU) production capabilities, supplemented by shipboard support services such as accommodation and catering. On the onshore front, the company delivers drilling, general maintenance, and extensive repair services. Founded in 2016, ADES Holding Company maintains its headquarters in Al Khobar, United Arab Emirates.

Website
adesgroup.com
Location
Al Khobar, EP, SA
Phone966 138499904
Employees3,024
CEOMohamed Farouk Mohamed Abdul Majeed Abdul Khaleq
Sector
Energy
Industry
Energy Equipment & Services
IPO DateOct 11, 2023

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Key Stats

Trading

Px/Chg 1D$17.25 / +0.88%
Avg Volume1.92M
Beta0.48
Mkt Cap19.05B
FD Mkt Cap20.26B

Float

Shrs Out/Float1.10B / 340.74M
Short Float0.00%
Days to Cover0.00
Stock Repurchased$0.00

Current Valuation

EV37.14B
EV/EBITDA9.56
EV/Sales4.88
P/B2.81
P/S2.50
FCF Yield1.49%
ROE3.49%
ROA0.75%
Current Ratio1.03

Dividend

Cash$0.24
Yield2.42%
Yield (TTM)2.42%

Estimates

P/E22.14
Est P/E0.00
Est EPS0.20
Est PEG0.00

Valuation

Metric5Yr AvgMar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings59.2851.4322.3282.8180.55
Price / Sales6.335.252.899.207.97
Price / Book Value3.063.962.762.702.81
Price / Free Cash Flow39.76-12.8828.7776.0267.13
ENTERPRISE VALUE METRICS
Enterprise Value34,206.733,326.129,781.536,582.937,136.2
Enterprise Value / Sales11.617.694.8018.4215.53
Enterprise Value / EBITDA23.6916.009.7536.3632.65
Enterprise Value / EBIT40.6125.9416.6963.8056.02

Financials

Full Financials
Millions SAR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue45%1,514.22,467.24,331.96,199.06,689.0
Gross Income47.9%515.9873.81,711.12,359.12,468.1
EBITDA49.5%705.11,159.32,082.43,053.13,526.0
EBIT112.1%97.9334.81,285.01,784.41,978.9
Net Income66%107.8390.4442.1802.5818.0
EPS (Diluted)54.5%0.130.460.590.730.74
BALANCE SHEET
Cash & ST Inv80.3%232.9190.8432.3847.12,458.4
Total Assets47.2%6,692.114,501.319,422.521,628.731,411.7
Total Liabilities50.7%4,769.012,242.913,645.515,090.724,598.7
Total Shareholder Equity37.6%1,893.52,222.15,748.26,492.86,780.2
CASH FLOW
Net Operating Cash Flow134.3%69.8792.91,413.02,998.82,101.4
Cap Ex50.8%-355.1-3,923.2-4,048.4-2,375.1-1,837.9
Free Cash Flow—-285.3-3,130.3-1,765.7622.4263.5

Enterprise Value Bridge

Millions SAR12 Nov '26
Price (As of 12 Nov '26)8.47
Basic Shares1,104.15
Market Cap9,352.1
Diluted Shares2,208.30
Fully Diluted Shares Outstanding2,208.30
Fully Diluted Market Cap18,704.3
+Consolidated Debt21,012.7
−In-the-Money Convertible Debt—
+Capital Leases446.7
+Operating Leases—
−Cash & Equivalents-2,434.6
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest27.1
+Pension Liabilities—
Enterprise Value27,957.4

Related companies

Mastec Inc

MTZ US

Dycom Industries Inc

DY US

Noble Corp plc

NE US

Valaris Ltd

VAL US

Transocean Ltd.

RIG US

Myr Group Inc.

MYRG US

Primoris Services Corp

PRIM US

Patterson Uti Energy Inc

PTEN US

Helmerich & Payne, Inc.

HP US

Baytex Energy Corp.

BTE US

Seadrill Ltd

SDRL US

Odfjell Drilling Ltd.

ODL NO