Qassim Cement Co.

Qassim Cement Co. (أسمنت القصيم) is a Saudi-based building materials company engaged in the production and sale of cement. Founded in 1976 and headquartered in Buraydah, the company operates in the Basic Materials sector within the Building Materials industry. It primarily produces ordinary Portland cement and other types of cement used in construction and infrastructure projects. The company is listed on the Saudi Stock Exchange (Tadawul) under ticker 3040.

The company generates revenue primarily from the sale of cement to customers in Saudi Arabia. Its business model involves quarrying raw materials, manufacturing clinker, and grinding it into cement. Revenue is derived from both bulk and bagged cement sales. The company also exports to neighboring Gulf countries. Key financial metrics show a gross margin of 23.00% and an operating margin of 23.49%, indicating efficient operations.

Qassim Cement operates in a competitive cement market in Saudi Arabia, alongside other major players like Saudi Cement and Yamama Cement. The industry is cyclical, tied to construction and infrastructure spending. The company has a market cap of 5.02B SAR and a PE ratio of 19.29. Its EV/EBITDA of 12.83 suggests moderate valuation relative to earnings. The company's profit margin of 21.37% is healthy, though revenue and earnings have declined year-over-year.

Its primary customers are construction companies, concrete producers, and government infrastructure projects in Saudi Arabia. The main geographic market is the Qassim region and surrounding areas, with distribution across the kingdom. The company also targets export markets in the Gulf Cooperation Council (GCC) countries. With a dividend yield of 6.92%, it appeals to income-focused investors.

An auto-generated descriptive profile based on company data, for informational purposes only.