SARCO

Saudi Arabia Refineries Co.

2030StocksTadawulDiversified Financials

Financials

1-5

	CurrentMar 10, 2026	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Market & Price
Market Capitalization	0.75B	1.08B	1.40B	1.09B	2.06B
Market Cap Growth	-26.9%	-22.5%	+28.5%	-47.4%	+30.8%
Enterprise Value	0.46B	0.75B	1.35B	1.04B	2.03B
Last Close Price	49.92	72.10	93.00	71.58	135.31
Valuation Multiples
PE Ratio	—	—	181.13	38.47	313.10
PS Ratio	-21.99	-32.43	89.43	31.61	252.37
PB Ratio	2.33	3.15	3.21	2.48	3.69
P/TBV Ratio	2.33	3.15	3.21	2.48	3.69
P/FCF Ratio	—	210.72	1,590.77	34.94	249.12
P/OCF Ratio	—	209.95	1,561.12	34.93	248.66
EV/Sales Ratio	—	—	86.78	30.34	248.51
EV/EBITDA Ratio	—	—	148.78	35.38	293.92
EV/EBIT Ratio	—	—	149.50	35.42	294.65
EV/FCF Ratio	-68.32	145.46	1,543.66	33.54	245.30
Leverage & Capital
Debt / Equity Ratio	0.00	0.00	—	—	—
Debt / FCF Ratio	—	0.10	—	—	—
Net Debt / Equity Ratio	-0.89	-0.89	-0.09	-0.12	-0.05
Net Debt / EBITDA Ratio	6.04	6.67	-4.38	-1.83	-4.40
Net Debt / FCF Ratio	41.98	-59.67	-45.48	-1.74	-3.67
Efficiency & Liquidity
Asset Turnover	—	—	0.04	0.07	0.02
Quick Ratio	13.87	18.73	6.71	8.52	9.41
Current Ratio	13.88	18.74	6.73	8.54	9.48
Returns & Yields
Return on Equity (ROE)	-16.7%	-13.8%	+1.8%	+5.7%	+1.2%
Return on Assets (ROA)	-8.1%	-7.2%	+1.3%	+3.6%	+0.8%
Return on Invested Capital (ROIC)	-127.6%	-21.3%	+1.9%	+6.1%	+1.3%
Return on Capital Employed (ROCE)	-14.7%	-13.4%	+2.1%	+6.7%	+1.2%
Earnings Yield	-7.8%	-4.9%	+0.6%	+2.6%	+0.3%
FCF Yield	-0.9%	+0.5%	+0.1%	+2.9%	+0.4%
Dividend Yield	—	—	—	+1.4%	+0.4%
Payout Ratio	—	—	+194.8%	+26.6%	+170.7%
Total Shareholder Return	—	—	—	+1.4%	+0.4%

1-5

	CurrentMar 10, 2026	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Market & Price
Market Capitalization	0.75B	1.08B	1.40B	1.09B	2.06B
Market Cap Growth	-26.9%	-22.5%	+28.5%	-47.4%	+30.8%
Enterprise Value	0.46B	0.75B	1.35B	1.04B	2.03B
Last Close Price	49.92	72.10	93.00	71.58	135.31
Valuation Multiples
PE Ratio	—	—	181.13	38.47	313.10
PS Ratio	-21.99	-32.43	89.43	31.61	252.37
PB Ratio	2.33	3.15	3.21	2.48	3.69
P/TBV Ratio	2.33	3.15	3.21	2.48	3.69
P/FCF Ratio	—	210.72	1,590.77	34.94	249.12
P/OCF Ratio	—	209.95	1,561.12	34.93	248.66
EV/Sales Ratio	—	—	86.78	30.34	248.51
EV/EBITDA Ratio	—	—	148.78	35.38	293.92
EV/EBIT Ratio	—	—	149.50	35.42	294.65
EV/FCF Ratio	-68.32	145.46	1,543.66	33.54	245.30
Leverage & Capital
Debt / Equity Ratio	0.00	0.00	—	—	—
Debt / FCF Ratio	—	0.10	—	—	—
Net Debt / Equity Ratio	-0.89	-0.89	-0.09	-0.12	-0.05
Net Debt / EBITDA Ratio	6.04	6.67	-4.38	-1.83	-4.40
Net Debt / FCF Ratio	41.98	-59.67	-45.48	-1.74	-3.67
Efficiency & Liquidity
Asset Turnover	—	—	0.04	0.07	0.02
Quick Ratio	13.87	18.73	6.71	8.52	9.41
Current Ratio	13.88	18.74	6.73	8.54	9.48
Returns & Yields
Return on Equity (ROE)	-16.7%	-13.8%	+1.8%	+5.7%	+1.2%
Return on Assets (ROA)	-8.1%	-7.2%	+1.3%	+3.6%	+0.8%
Return on Invested Capital (ROIC)	-127.6%	-21.3%	+1.9%	+6.1%	+1.3%
Return on Capital Employed (ROCE)	-14.7%	-13.4%	+2.1%	+6.7%	+1.2%
Earnings Yield	-7.8%	-4.9%	+0.6%	+2.6%	+0.3%
FCF Yield	-0.9%	+0.5%	+0.1%	+2.9%	+0.4%
Dividend Yield	—	—	—	+1.4%	+0.4%
Payout Ratio	—	—	+194.8%	+26.6%	+170.7%
Total Shareholder Return	—	—	—	+1.4%	+0.4%