Watani Iron (Saudi Arabia) Today

9513 Stock  SAR 48.70  0.80  1.62%   
Market Performance
4 of 100
Odds Of Distress
Over 67
Watani Iron is selling at 48.70 as of the 30th of January 2023; that is -1.62 percent decrease since the beginning of the trading day. The stock's lowest day price was 48.7. Watani Iron has more than 67 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Watani Iron Steel are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of July 2022 and ending today, the 30th of January 2023. Click here to learn more.
Watani Iron Steel Co. provides steel products for building and construction sector in the Kingdom of Saudi Arabia. The company was founded in 2008 and is based in Riyadh, the Kingdom of Saudi Arabia. Watani Iron is traded on Commodity Exchange in Exotistan. The company has 12.11 M outstanding shares. More on Watani Iron Steel

Moving together with Watani Iron

+0.631111Saudi Tadawul GroupPairCorr
+0.684322Retal Urban DevelopmentPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Watani Iron Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Watani Iron's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Watani Iron or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Watani Iron Steel has high likelihood to experience some financial distress in the next 2 years
The company has a current ratio of 0.31, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Watani Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Watani Iron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Watani Iron Steel sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Watani to invest in growth at high rates of return. When we think about Watani Iron's use of debt, we should always consider it together with cash and equity.
About 53.0% of the company shares are owned by insiders or employees
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Watani Iron's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Watani Iron Steel (9513) is traded on Saudi Arabia Exchange in Saudi Arabia and employs 1 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 583.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Watani Iron's market, we take the total number of its shares issued and multiply it by Watani Iron's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Watani Iron Steel operates under Basic Materials sector and is part of Steel industry. The entity has 12.11 M outstanding shares. Watani Iron Steel has accumulated about 4.7 M in cash with 59.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.7.
Check Watani Iron Probability Of Bankruptcy
The market capitalization of Watani Iron Steel is 583.7 Million. Watani Iron Steel owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.

Ownership Allocation

Check Watani Ownership Details

Watani Iron Steel Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Watani Iron market risk premium is the additional return an investor will receive from holding Watani Iron long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Watani Iron. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Watani Iron's alpha and beta are two of the key measurements used to evaluate Watani Iron's performance over the market, the standard measures of volatility play an important role as well.

Watani Stock Against Markets

Picking the right benchmark for Watani Iron stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Watani Iron stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Watani Iron is critical whether you are bullish or bearish towards Watani Iron Steel at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Watani Iron without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Competition Analyzer Now


Competition Analyzer

Analyze and compare many basic indicators for a group of related or unrelated entities
All  Next Launch Module

Invested in Watani Iron Steel?

The danger of trading Watani Iron Steel is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Watani Iron is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Watani Iron. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Watani Iron Steel is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. You can also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for analysis

When running Watani Iron Steel price analysis, check to measure Watani Iron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Watani Iron is operating at the current time. Most of Watani Iron's value examination focuses on studying past and present price action to predict the probability of Watani Iron's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Watani Iron's price. Additionally, you may evaluate how the addition of Watani Iron to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Please note, there is a significant difference between Watani Iron's value and its price as these two are different measures arrived at by different means. Investors typically determine Watani Iron value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watani Iron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.