Top 10 Low Debt Small Cap Stocks in Saudi Arabia — Top 50 List

Of the 74 small cap companies in Saudi Arabia on PositoAI, 70 have an Owes vs Owns figure (banks and lenders left out). First on the list is City Cement Company (0.05×). The median among them is 0.50×. None of the top 10 has an active red or yellow flag.

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#	Company	Score	Market Cap (INR Cr) / USD	P/E	P/B	Owes vs Owns	ROE	Div Yield	Flag	Sector
1	City Cement Company3003	23,451	₹3,445SAR 1.36B	15.9	0.75	0.05×	4.7%	9.57%	—	Basic Materials
2	Naqi Water Company2282	21,717	₹3,058SAR 1.21B	302.0	4.22	0.07×	1.4%	3.41%	—	Consumer Defensive
3	Arriyadh Development Co.4150	24,097	₹8,743SAR 3.45B	9.8	0.83	0.08×	7.3%	3.48%	—	Real Estate
4	Riyadh Cement Company3092	23,256	₹5,797SAR 2.29B	12.4	1.30	0.09×	10.5%	7.78%	—	Basic Materials
5	The National Company for Glass Industries2150	21,985	₹2,890SAR 1.14B	10.2	1.32	0.11×	13.5%	3.74%	—	Consumer Cyclical
6	Arabian Cement Company3010	22,123	₹4,773SAR 1.89B	9.4	0.74	0.14×	8.0%	8.05%	—	Basic Materials
7	Qassim Cement Company3040	20,473	₹11,801SAR 4.66B	20.1	1.79	0.15×	8.7%	7.72%	—	Basic Materials
8	Alujain Corporation2170	19,824	₹4,338SAR 1.71B	Loss	0.67	0.18×	-27.1%	6.32%	—	Basic Materials
9	Yanbu Cement Company3060	21,436	₹5,404SAR 2.13B	17.6	0.87	0.18×	4.8%	11.42%	—	Basic Materials
10	Al Masane Al Kobra Mining Company1322	22,978	₹13,567SAR 5.36B	21.7	3.77	0.19×	18.3%	0	—	Basic Materials
Top 20
11	East Pipes Integrated Company for Industry1321	22,438	₹12,124SAR 4.79B	7.9	3.06	0.21×	43.5%	4.01%	—	Basic Materials
12	Thob Al Aseel Company4012	21,550	₹3,079SAR 1.22B	11.7	1.86	0.21×	17.1%	7.46%	—	Consumer Cyclical
13	The National Agricultural Development Company6010	22,863	₹8,715SAR 3.44B	10.4	0.71	0.22×	5.4%	0	—	Consumer Defensive
14	Saudi Steel Pipes Company1320	23,104	₹6,189SAR 2.44B	16.2	2.72	0.23×	18.9%	1.65%	—	Basic Materials
15	Al Hammadi Holding Company4007	23,507	₹8,564SAR 3.38B	14.5	1.64	0.28×	11.6%	5.18%	—	Healthcare
16	Eastern Province Cement Company3080	22,060	₹4,827SAR 1.91B	8.8	0.78	0.29×	9.2%	5.57%	—	Basic Materials
17	National Gas and Industrialization Company2080	22,255	₹10,663SAR 4.21B	15.3	1.96	0.31×	13.2%	5.67%	—	Energy
18	Saudi Cement Company3030	21,863	₹9,588SAR 3.79B	10.4	1.76	0.32×	17.2%	7.50%	—	Basic Materials
19	YAMAMA Cement Company3020	22,506	₹9,722SAR 3.84B	7.9	0.76	0.33×	9.8%	5.39%	—	Basic Materials
20	Al-Saif Stores for Development & Investment Company4192	21,771	₹5,317SAR 2.10B	33.3	4.07	0.36×	12.4%	1.50%	—	Consumer Cyclical
Top 50
21	Saudia Dairy & Foodstuff Company2270	23,384	₹13,927SAR 5.50B	13.1	3.33	0.37×	24.2%	8.02%	—	Consumer Defensive
22	Southern Province Cement Company3050	19,881	₹5,828SAR 2.30B	Loss	0.75	0.38×	-1.5%	3.08%	—	Basic Materials
23	Saudi Real Estate Company4020	21,663	₹11,964SAR 4.73B	7.4	0.80	0.38×	13.3%	0	—	Real Estate
24	National Medical Care Company4005	23,892	₹10,320SAR 4.08B	13.6	2.19	0.39×	16.8%	3.44%	—	Healthcare
25	Saudi Fisheries Company6050	2,047	₹9,017SAR 3.56B	Loss	39.13	0.39×	-28.9%	0	—	Consumer Defensive
26	Saudi Ground Services Company4031	25,164	₹9,187SAR 3.63B	17.2	1.40	0.40×	8.2%	5.41%	—	Industrials
27	Etihad GO Telecom Co.7040	22,195	₹6,104SAR 2.41B	9.1	2.23	0.40×	28.3%	0.53%	—	Communication Services
28	Emaar The Economic City4220	22,067	₹18,377SAR 7.26B	117.4	0.80	0.41×	0.1%	0	—	Real Estate
29	Middle East Company for Manufacturing and Producing Paper1202	22,459	₹3,164SAR 1.25B	48.1	0.76	0.41×	1.6%	0	—	Basic Materials
30	MBC Group4072	24,515	₹14,254SAR 5.63B	Loss	1.25	0.44×	-0.2%	0	—	Communication Services
31	Seera Holding Group1810	23,367	₹11,692SAR 4.62B	35.9	0.79	0.44×	2.8%	0	—	Consumer Cyclical
32	United International Transportation Company4260	22,945	₹6,199SAR 2.45B	8.0	0.82	0.44×	10.4%	5.46%	—	Industrials
33	National Company for Learning and Education4291	21,318	₹12,597SAR 4.98B	23.9	5.40	0.46×	—	2.26%	—	Consumer Defensive
34	Saudi Ceramic Company2040	21,844	₹4,775SAR 1.89B	21.0	1.22	0.47×	5.8%	5.68%	—	Industrials
35	Almunajem Foods Company4162	23,322	₹7,563SAR 2.99B	11.0	2.57	0.50×	24.8%	4.08%	—	Consumer Defensive
36	Alandalus Property Company4320	23,213	₹2,980SAR 1.18B	252.2	1.22	0.50×	1.6%	0	—	Real Estate
37	Knowledge Economic City Company4310	20,016	₹15,568SAR 6.15B	Loss	2.10	0.51×	-0.4%	0	—	Real Estate
38	Al-Babtain Power and Telecommunications Company2320	21,784	₹7,221SAR 2.85B	5.1	1.81	0.51×	40.4%	4.88%	—	Industrials
39	Saudi Paper Manufacturing Company2300	21,735	₹4,579SAR 1.81B	16.3	2.80	0.52×	18.6%	1.04%	—	Basic Materials
40	Almawarid Manpower Company1833	22,886	₹4,203SAR 1.66B	9.3	2.82	0.53×	34.5%	4.07%	—	Industrials
41	National Industrialization Company2060	20,221	₹12,127SAR 4.79B	Loss	0.69	0.54×	-40.9%	0	—	Basic Materials
42	Arabian Centres Company4321	24,345	₹16,476SAR 6.51B	5.6	0.40	0.54×	7.5%	0	—	Real Estate
43	Maharah for Human Resources Company1831	22,100	₹4,847SAR 1.91B	6.1	2.01	0.55×	—	4.94%	—	Industrials
44	Saudi Pharmaceutical Industries and Medical Appliances Corporation2070	20,646	₹8,105SAR 3.20B	15.0	1.90	0.58×	12.8%	1.32%	—	Healthcare
45	The First Milling Company2283	21,706	₹7,068SAR 2.79B	9.6	2.50	0.58×	28.0%	7.22%	—	Consumer Defensive
46	Ataa Educational Company4292	23,840	₹3,060SAR 1.21B	12.4	1.47	0.59×	11.1%	7.92%	—	Consumer Defensive
47	Saudi Chemical Holding Company2230	21,629	₹12,810SAR 5.06B	14.3	2.05	0.60×	15.1%	1.83%	—	Healthcare
48	Sustained Infrastructure Holding Company2190	21,066	₹6,883SAR 2.72B	19.8	1.79	0.61×	13.3%	2.53%	—	Industrials
49	Al Yamamah Steel Industries Company1304	20,221	₹3,902SAR 1.54B	9.3	2.00	0.62×	21.7%	0	—	Basic Materials
50	CATRION Catering Holding Company6004	22,490	₹11,274SAR 4.45B	14.8	2.77	0.62×	19.2%	3.73%	—	Industrials

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Questions

Which small cap companies in Saudi Arabia have the lowest Owes vs Owns?

The first five on PositoAI's list are City Cement Company (0.05×), Naqi Water Company (0.07×), Arriyadh Development Co. (0.08×), Riyadh Cement Company (0.09×), The National Company for Glass Industries (0.11×).

How many small cap companies in Saudi Arabia have an Owes vs Owns figure?

70 of the 74 small cap companies in Saudi Arabia on PositoAI have an Owes vs Owns figure (banks and lenders left out); this page shows the top 50.

How is this list made?

Companies ordered by Owes vs Owns (everything they owe compared with everything they own), lowest first. Banks and lenders are left out. The list is updated every day from PositoAI's data.

What counts as a small cap stock in Saudi Arabia?

For companies in Saudi Arabia, PositoAI uses the same dollar bands as for the US: large cap means a market value above $10 billion, mid cap $2–10 billion and small cap $300 million to $2 billion.

Companies ordered by Owes vs Owns (everything they owe compared with everything they own), lowest first. Banks and lenders are left out. Score is the Positivity Score; Owes vs Owns is everything a company owes compared with everything it owns (what each figure means); ⚑ marks an active red or yellow flag. All top lists for Saudi Arabia. PositoAI is for research and education only and is not investment advice.