TheScreener - National Petrochemical Co. (2002) NATIONAL PETROCHEMICAL sees an upgrade to Slightly Positive due to a better fundamental star rating

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TheScreener

EUR 13.77 For Business Accounts Only

NATIONAL PETROCHEMICAL sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of NATIONAL PETROCHEMICAL (SA), a company active in the Commodity Chemicals industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 2 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date August 31, 2021, the closing price was SAR 47.50 and its potential was estimated at SAR 52.78.

01/09/2021 6 EN

Underlying

National Petrochemical Co.

National Petrochemical Co SJSC (Petrochem), is a Saudi Arabia-based joint stock company that operates in the petrochemical sector. The Company is engaged in the development, establishment, operation, management and maintenance of petrochemical, gas, petroleum and other industrial plants; wholesale and retail trading in petrochemical materials and products, and owning land, real estate and building for the Company's benefits. The Company invests in its subsidiaries: Saudi Polymers Company, which is focused on the production of petrochemical products, such as Ethylene, High Density Polyethylene (HDPE), Low Density Linear Polyethylene (LDLPE), Hexene, Polypropylene (PP) and General Purpose Poly Styrene (GPPS) and High Impact Poly Styrene (HIPS) in its plants in Jubail Industrial City, and Gulf Polymers Distribution Company FZCO. The Company is a subsidiary of Saudi Industrial Investment Group (SIIG).

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SA12BG50V917 Saudi Stock Exchange Saudi Arabia

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TheScreener

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NATIONAL PETROCHEMICAL sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

Petrochem: Losses due to write-off

Reiterate Neutral; valuation uninspiring

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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