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ADES Holding Company SJSC
SAU:2382

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ADES Holding Company SJSC
SAU:2382
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Price: 19.82 SAR 0.2% Market Closed
Market Cap: 21.7B SAR
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ADES Holding Company SJSC
Other Operating Expenses

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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ADES Holding Company SJSC
Other Operating Expenses Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Operating Expenses CAGR 3Y CAGR 5Y CAGR 10Y
A
ADES Holding Company SJSC
SAU:2382
Other Operating Expenses
-ď·Ľ78.6m
CAGR 3-Years
-9%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
A
Arabian Drilling Co
SAU:2381
Other Operating Expenses
ď·Ľ4.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

ADES Holding Company SJSC
Glance View

Market Cap
21.7B SAR
Industry
Energy

In the sun-drenched expanse of the Middle East, ADES Holding Company SJSC stands as a beacon of the region's burgeoning energy sector. Born from the ambitious vision of bridging local expertise with a global footprint, ADES Holding has effectively positioned itself as a significant player in the oil and gas drilling industry. The company employs an integrated approach, offering a broad spectrum of services that encompass offshore and onshore drilling, as well as related technical and engineering support. With operations extending to various strategic locations, their drilling rigs dot the landscapes of major oil-producing markets, notably in the Middle East and North Africa. A hallmark of ADES is its ability to compete not just on service level, but also on cost efficiency—an aspect that has garnered them contracts with large petroleum giants aiming for operational excellence without splurging excessive capital. The business model of ADES revolves around these service contracts, where the company ensures a steady stream of revenue by catering to the exploration and production phases of oil and gas companies. Their income stems from long-term contracts with major industry players, who rely on ADES's extensive technical capabilities and robust fleet of rigs to meet their own operational goals. ADES prioritizes maintaining high utilization rates across its assets, thereby optimizing revenue generation from its available rigs. By constantly enhancing operational efficiencies and integrating advanced technologies, the company fortifies its competitive edge. Through such strategic initiatives, ADES continues to facilitate energy exploration and production, thus playing a pivotal role in the global oil and gas supply chain, while simultaneously bolstering its own financial growth and stability.

Intrinsic Value
20.07 SAR
Undervaluation 1%
Intrinsic Value
Price
A

See Also

What is ADES Holding Company SJSC's Other Operating Expenses?
Other Operating Expenses
-78.6m SAR

Based on the financial report for Dec 31, 2023, ADES Holding Company SJSC's Other Operating Expenses amounts to -78.6m SAR.

What is ADES Holding Company SJSC's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 3Y
-9%

Over the last year, the Other Operating Expenses growth was 74%. The average annual Other Operating Expenses growth rates for ADES Holding Company SJSC have been -9% over the past three years .

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