Riyadh Steel Co (SAU:9588) Tax Provision: ﷼-2.5 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:9588 Riyadh Steel Co SAU:9588
40 GF Score
Price ﷼1.38
GF Value ﷼1.65
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Riyadh Steel Co Tax Provision?

Riyadh Steel Co SAU:9588 -2.13% 40 Tax Provision is ﷼-2.5 Mil as of Jun. 2026. GuruFocus rates SAU:9588 with a GF Score™ of 40/100 and a GF Value™ of ﷼1.65 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Riyadh Steel Co's tax provision for the six months ended in Jun. 2026 was ﷼-0.9 Mil. Its tax provision for the trailing twelve months (TTM) ended in Jun. 2026 was ﷼-2.5 Mil.

Riyadh Steel Co Tax Provision Historical Data

* Premium members only.

The historical data trend for Riyadh Steel Co's Tax Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Riyadh Steel Co Tax Provision Chart

Riyadh Steel Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
-1.11 -1.36 -1.82 -1.64 -2.33

Riyadh Steel Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Tax Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.80 -0.84 -0.79 -1.54 -0.94
SAU:9588
40GF Score
Riyadh Steel Co SAU:9588
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riyadh Steel Co Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-2.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of ﷼-2.5 Mil mean?
Riyadh Steel Co (SAU:9588) has a Tax Provision of ﷼-2.5 Mil as of Jun. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Riyadh Steel Co and its competitors.
Is Riyadh Steel Co's Tax Provision too high?
Riyadh Steel Co's current Tax Provision is ﷼-2.5 Mil. Overall, Riyadh Steel Co has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Riyadh Steel Co's Tax Provision compare to NUE and STLD?
Riyadh Steel Co's Tax Provision of ﷼-2.5 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Steel company?
A good Tax Provision depends on the Steel industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Riyadh Steel Co and its competitors. Riyadh Steel Co's current Tax Provision is ﷼-2.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riyadh Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Riyadh Steel Co (SAU:9588) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼1.65, compared to a current price of ﷼1.38 — trading 16.4% below its estimated fair value. The current Tax Provision is ﷼-2.5 Mil. Riyadh Steel Co's overall GF Score™ is 40/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Riyadh Steel Co (SAU:9588), the current Tax Provision is ﷼-2.5 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Riyadh Steel Co (SAU:9588) Overvalued in 2026?

Based on GuruFocus' analysis, Riyadh Steel Co stock appears to be undervalued. The current stock price of ﷼1.38 is trading 16.4% below its estimated GF Value™ of ﷼1.65. GuruFocus considers Riyadh Steel Co to be Modestly Undervalued.

Key valuation signals for SAU:9588:

  • Tax Provision: ﷼-2.5 Mil
  • GF Value™: ﷼1.65 vs. price of ﷼1.38 (16.4% below fair value)
  • GF Score™: 40/100 with 2 warning signs

No single metric tells the full story. See the SAU:9588 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Riyadh Steel Co Business Description

Address Imam Abdullah bin Saud bin Abdulaziz Road, Al-Shuhada District, Unit 35, Building No. 4578, Riyadh, SAU, 13241
Riyadh Steel Co Group is a steel manufacturer principally engaged in the production of sheets, plates, strip coils, rods, skewers, corners, wires, and sections. The Company provides steel scrap, billets, and ASTM A36 standard flat and angle bars, and generates revenue from the sale of angled and flat bars and other finished goods, billets, and scrap iron and raw materials. It mainly operates in the Kingdom of Saudi Arabia, which generates the majority of its revenue, and also has a presence in other GCC countries.
40GF Score

Get the complete analysis for SAU:9588

Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼1.38
Price
﷼1.65
GF Value