National Environmental Recycling Co.

National Environmental Recycling Co. (9540) is a Saudi Arabian waste management company operating in the Industrials sector. The company specializes in environmental recycling services, focusing on the collection, treatment, and recycling of various waste streams. It plays a critical role in supporting the Kingdom's sustainability goals under Vision 2030 by diverting waste from landfills and promoting circular economy practices.

The company generates revenue primarily through waste collection and recycling services, selling recycled materials, and providing environmental consulting. Its recent quarterly revenues show a strong upward trend, with Q1 2026 reaching 493.65M SAR, driven by increased waste processing volumes and expansion of service contracts. Despite high debt of 365.76M SAR, the company maintains a gross margin of 7.99% and a profit margin of 4.31%.

In the waste management industry, National Environmental Recycling competes with other local and regional players. Its positioning is strengthened by its focus on recycling and environmental compliance, aligning with Saudi regulatory trends. The company's EV/EBITDA of 13.89 and PE of 15.00 suggest moderate valuation relative to earnings. However, negative FCF yield of -13.98% indicates heavy capital expenditure requirements.

The company's primary customers include municipalities, industrial facilities, and commercial entities across Saudi Arabia. Its geographic focus is domestic, serving the growing demand for sustainable waste solutions in the Kingdom. As environmental regulations tighten, the company is well-positioned to benefit from increased outsourcing of waste management services.

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