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MAADEN AB​

Saudi Arabian Mining Company (Ma'aden)(MAADEN AB)

$55.90-2.904.93%(Market Closed · 12:19:48 UTC · (15 min delay))

Overview

Profile

Financials & Metrics

FinancialsChartingEmployees

Saudi Arabian Mining Company (Ma'aden) — Company Profile

Saudi Arabian Mining Company (Ma'aden), established in 1997 and headquartered in Riyadh, Saudi Arabia, functions as a comprehensive global mining and metals enterprise. Its extensive operations reach across the Kingdom of Saudi Arabia, the Indian Subcontinent, Japan, the United States, Europe, Australia, Brazil, Africa, and the GCC region. The company's business is segmented into Phosphate, Precious and Base Metals, and Aluminium divisions. Ma'aden is actively engaged in extracting critical minerals such as gold, phosphate rock, bauxite, kaolin, and magnesite, along with concentrates of copper, zinc, and silver. From these raw materials, it manufactures and supplies various commodities, including phosphate fertilizers, ammonia, industrial minerals, and diverse aluminum products like flat rolled goods, distributing them both directly to clients and via marketing channels. Ma'aden holds key stakes in numerous mines, exemplified by sites such as Mahd Ad-Dahab, Bulghah, Al-Amar, Al-Jalamid, and Az Zabirah. Beyond mineral extraction, the company's capabilities encompass producing aluminum ingots (T-shape, slabs, sheets, and billets) and a range of fertilizers (urea, phosphate, and potassium), in addition to overseeing and developing infrastructure projects.

Sector
Basic Materials
Industry
Industrial Materials
Exchange
AB
CEO
Robert G. Wilt
Headquarters
Riyadh, RI, SA
IPO Date
Mar 3, 2010
Employees
7,197
Website
www.maaden.com.sa

Key Metrics

Price
$63.50
Market Cap
$246.49B
Revenue (TTM)
$8.79B
Net Income (TTM)
$1.64B
EPS (TTM)
0.42
P/E (TTM)
33.16
P/B (TTM)
3.91
Dividend Yield
0.00%
ROE (TTM)
2.59%
ROA (TTM)
1.32%
Operating Margin
24.78%
Beta
0.54

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Saudi Arabian Mining Company (Ma'aden), established in 1997 and headquartered in Riyadh, Saudi Arabia, functions as a comprehensive global mining and metals enterprise. Its extensive operations reach across the Kingdom of Saudi Arabia, the Indian Subcontinent, Japan, the United States, Europe, Australia, Brazil, Africa, and the GCC region. The company's business is segmented into Phosphate, Precious and Base Metals, and Aluminium divisions. Ma'aden is actively engaged in extracting critical minerals such as gold, phosphate rock, bauxite, kaolin, and magnesite, along with concentrates of copper, zinc, and silver. From these raw materials, it manufactures and supplies various commodities, including phosphate fertilizers, ammonia, industrial minerals, and diverse aluminum products like flat rolled goods, distributing them both directly to clients and via marketing channels. Ma'aden holds key stakes in numerous mines, exemplified by sites such as Mahd Ad-Dahab, Bulghah, Al-Amar, Al-Jalamid, and Az Zabirah. Beyond mineral extraction, the company's capabilities encompass producing aluminum ingots (T-shape, slabs, sheets, and billets) and a range of fertilizers (urea, phosphate, and potassium), in addition to overseeing and developing infrastructure projects.

Website
www.maaden.com.sa
Location
Riyadh, RI, SA
Phone966 11 874 8000
Employees7,197
CEORobert G. Wilt
SectorBasic Materials
IndustryIndustrial Materials
IPO DateMar 3, 2010

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Key Stats

Trading

Px/Chg 1D$63.50 / +0.87%
Prev Close$65.70
% of 52Wk H83.60%
Avg Volume2.06M
Beta0.54
Mkt Cap246.49B
FD Mkt Cap259.30B

Float

Shrs Out/Float3.88B / 1.40B
Short Float0.00%
Days to Cover0.00
Stock Repurchased$0.00

Current Valuation

EV275.85B
EV/EBITDA18.02
EV/Sales7.10
P/B3.91
P/S6.34
FCF Yield-0.04%
ROE2.59%
ROA1.32%
Current Ratio1.71

Estimates

P/E33.16
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings98.7116.90118.1959.51148.27150.69
Price / Sales13.373.916.375.2523.2928.05
Price / Book Value3.753.504.023.294.023.91
Price / Free Cash Flow-389.3711.7549.5228.49192.20-2,228.78
ENTERPRISE VALUE METRICS
Enterprise Value237,008.3205,404.5225,322.0201,499.5276,963.8275,851.7
Enterprise Value / Sales15.285.107.706.1926.0331.39
Enterprise Value / EBITDA41.9010.8423.0817.5975.2082.77
Enterprise Value / EBIT66.4614.7349.7428.99112.12126.70

Financials

Full Financials
Millions SAR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue9.6%26,769.040,277.129,271.932,546.238,577.7
Gross Income10.8%9,154.716,249.06,913.69,244.213,809.3
EBITDA5.4%12,001.518,955.09,763.711,453.414,825.4
EBIT8.5%7,370.413,945.04,529.86,950.110,225.2
Net Income8.9%5,227.79,319.01,577.32,871.57,347.9
EPS (Diluted)7.7%1.422.520.430.781.91
BALANCE SHEET
Cash & ST Inv4.9%8,925.816,080.215,623.115,296.610,817.3
Total Assets3.8%103,337.7111,586.3111,873.6115,089.4119,757.2
Total Liabilities-3.3%59,369.155,546.455,058.454,933.151,942.8
Total Shareholder Equity14.6%35,651.345,069.246,423.351,886.261,593.0
CASH FLOW
Net Operating Cash Flow6.6%9,416.315,935.87,529.210,318.612,178.7
Cap Ex11.3%-4,448.2-2,531.9-3,764.3-4,320.0-6,832.3
Free Cash Flow1.9%4,968.013,403.93,764.95,998.65,346.4

Enterprise Value Bridge

Millions SAR22 Oct '26
Price (As of 22 Oct '26)56.55
Basic Shares3,881.80
Market Cap219,515.8
Diluted Shares3,894.79
Fully Diluted Shares Outstanding3,894.79
Fully Diluted Market Cap220,250.1
+Consolidated Debt36,118.4
−In-the-Money Convertible Debt—
+Capital Leases1,789.9
+Operating Leases—
−Cash & Equivalents-12,863.2
−Short-term Investments-140.5
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest6,102.1
+Pension Liabilities—
Enterprise Value248,873.1

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