Sahara International Petrochemical Company (2310.SR) stock analysis

In our weekly check, Sahara International Petrochemical Company is graded D (A to F). Of 23 checks on debt, profit, cash flow and trend: 10 pass, warnings: 3, red flags: 10.

About Sahara International Petrochemical Company

Sahara International Petrochemical Company is a Basic Materials company (Chemicals), listed on SAU as 2310.SR.

What our checks show for 2310.SR

Red flags

• The company has net debt but no positive operating earnings (EBITDA) to service it from (debt/equity 0.34).
• Operating profit does not cover the interest bill (-5x): interest is paid from cash or new debt.
• The net margin fell by 70.8 points over 5 years, to -33.7%: the company keeps less of each sale as profit.
• The gross margin fell by 60.5 points, to -2.9%: costs are rising faster than prices.
• Revenue fell 21.2% a year over the last 3 years.
• Earnings per share fell 22.2% a year over the last 3 years.
• The company is losing money: the net margin is -33.7%.
• Sahara International Petrochemical Company pays a dividend while losing money: it is funded from reserves or debt.
• The stock has fallen as much as 81% from a peak. Would you have held through that?
• Return on capital (ROCE) is zero or negative: the business does not earn on the money put into it.

Warning signs

• Analysts expect earnings per share to shrink about 29.5% a year.
• Free cash flow is only 1.2% of revenue.
• The stock is still below its previous peak.

Strengths

• Operating cash flow is 0.34x net profit: the profit arrives as real cash.
• Analysts expect revenue to grow about 17.2% a year over the next years.
• Analysts expect the net margin to improve by 43.4 points from today's -33.7%.
• Beta -0.03: the stock usually moves less than the market.
• Pay in shares is only 0% of free cash flow.

Similar companies

SYENS.BR · 2330.SR · MEOH · CE · 2060.SR

Questions

What grade does Sahara International Petrochemical Company (2310.SR) have?

In our weekly check, Sahara International Petrochemical Company is graded D (A to F). Of 23 checks on debt, profit, cash flow and trend: 10 pass, warnings: 3, red flags: 10. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 2310.SR stock?

This week's biggest flags for Sahara International Petrochemical Company: High debt, Weak interest cover, Margins falling. In total 13 of 23 checks show a warning or a red flag.

What does Sahara International Petrochemical Company do?

Sahara International Petrochemical Company is a Basic Materials company (Chemicals), listed on SAU as 2310.SR.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-11-07

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