Saudi Automotive Services Co SJSC

Saudi Automotive Services Co SJSC maintains a highly leveraged capital structure, evidenced by a debt-to-equity ratio of 5.25 and a current ratio of 0.4. Total liabilities stand at SAR 6.13 billion against total equity of SAR 891.7 million, with long-term debt comprising SAR 4.69 billion. The company holds SAR 79.5 million in cash and equivalents, resulting in a negative net cash position after subtracting total debt. Operating cash flow is SAR 623.2 million, while free cash flow is SAR 249.1 million, indicating positive cash generation despite high leverage.

Profitability metrics show a return on equity of 7.21% and a return on assets of 0.92%. Net income is SAR 64.3 million on revenue of SAR 11.8 billion, reflecting a net margin of approximately 0.54%. Gross profit is SAR 281.3 million, and operating income is SAR 178.6 million, suggesting thin margins typical of high-volume, low-margin automotive distribution or manufacturing. Without cohort median data, these returns are assessed in isolation, but the low ROA indicates inefficient asset utilization relative to the asset base of SAR 7.02 billion.

Revenue concentration and segment details are not provided in the available data, preventing a detailed analysis of geographic or product mix exposure. The company’s activity is broadly defined as Automobile Manufacturers, but specific segment contributions to the SAR 11.8 billion revenue are absent.

Growth trajectory cannot be assessed due to the absence of historical period data for revenue and net income trends. The single-period financial snapshot does not allow for year-over-year or quarter-over-quarter growth calculations.

Risk assessment indicates medium liquidity risk and low dilution risk. The key flag notes that net cash is negative after subtracting total debt, highlighting refinancing or liquidity management challenges. The current ratio of 0.4 further underscores tight short-term liquidity, requiring careful management of working capital.

Recent events, including filing observations, news, and transcript insights, are not available in the provided data. No specific management signals or competitor context are disclosed to inform recent strategic shifts or market positioning.

Revenue grew at a 30.6% CAGR over four years, reaching SAR 11.8 billion in FY2026.

Free cash flow surged 1,817% year-over-year to SAR 249 million in FY2026.

Analysts project 19.2% upside to a mean price target of SAR 54.33.

Cash conversion of 9.69 ranks as best-in-class among 57 automobile peers.

Net income increased 45.4% year-over-year to SAR 64.3 million in FY2026.

Debt-to-equity ratio of 5.25 is in the bottom quartile versus a peer median of 0.4.

The company faces a high credit risk flag according to internal risk assessments.

Net margin of 0.5% is significantly below the 4.5% median for the automobile cohort.

Revenue SAR 3.02B; Operating income SAR 19.7M.

• ▍Revenue SAR 3.02B
• ▍Operating income SAR 19.7M
• ▍Net margin -0.8%

Revenue SAR 11.80B, +15,9% YoY; Operating income +2,8% YoY.

• ▍Revenue SAR 11.80B, +15,9% YoY
• ▍Operating income +2,8% YoY
• ▍Net income +45,4% YoY
• ▍Free cash flow +1 817,0% YoY
• ▍Net margin 0.5%

Revenue SAR 10.19B, +11,8% YoY; Operating income −34,8% YoY.

• ▍Revenue SAR 10.19B, +11,8% YoY
• ▍Operating income −34,8% YoY
• ▍Net income −61,4% YoY
• ▍Free cash flow −112,0% YoY
• ▍Net margin 0.4%

Revenue SAR 9.11B, +16,1% YoY; Operating income +227,8% YoY.

• ▍Revenue SAR 9.11B, +16,1% YoY
• ▍Operating income +227,8% YoY
• ▍Net income +52,4% YoY
• ▍Free cash flow −29,3% YoY
• ▍Net margin 1.3%

Revenue SAR 7.85B, +93,3% YoY; Operating income −22,1% YoY.

• ▍Revenue SAR 7.85B, +93,3% YoY
• ▍Operating income −22,1% YoY
• ▍Net income +47,9% YoY
• ▍Free cash flow +861,4% YoY
• ▍Net margin 1.0%

Revenue SAR 4.06B; Operating income SAR 104.3M.

• ▍Revenue SAR 4.06B
• ▍Operating income SAR 104.3M
• ▍Net margin 1.3%