1-Conduct Ratio Analysis, DuPont Analysis.

2-Calculate WACC of the company.

Market: Tadawul Symbol: ARAMCO ISIN: SA14TGO12N13 Saudi Aramco is the world's largest integrated oil and gas company. Its upstream operations manages the Kingdom's unique hydrocarbon reserve base optimizing production and maximizing long-term value. It also operates a strategically integrated global downstream business. Headquartered in the city of Dhahran, the company operates within the Kingdom and worldwide, and employs around 79,800 people Share performance SAR 39.00 Volume x 1,000 600,000 36.00 450,000 33.00 M 300,000 30.00 150,000 27.00 0 Jan Feb Mar Aor May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mas Apr Share price - Volume Share data 4/11/2021 Currency SAR Volume 3,155,110 Previous Close 35.55 Number of Shares mn 200,000.00 Change % -0.14 Market Cap mn 7.110,000.00 Figures (SAR million) 2018 2019 2020 Earnings Before Interest and Taxes 298,015 562 233 380,212 Net Income 416 518 330 593 183,753 Total assets 1346.892 1494.126 1.914261 Total equity 1028435 1,046,235 1,101,094 Total abilities 318,457 447,891 813.167 Net cash provided by operating activities 453.701 416,529 285,297 Net cash used in investing activities (131,205) (177.144) (20.899) Net cash used in financing activities (220.586) (244,831) (234,872) Earnings Before Interest and we Net income SARDO 900 SABO 50 9 557 33 600 300 300 300 150 0 2019 2030 2010 Free cash flow Dividends paid 250 300 274 222 294 210 300 200 150 100 0 2020 Saudi Aramco PO Box 5000 Dhahran 31311. Saudi Arabia soudi aramco Supplied by Euroland.com Market: Tadawul Symbol: ARAMCO ISIN: SA14TGO12N13 Saudi Aramco is the world's largest integrated oil and gas company. Its upstream operations manages the Kingdom's unique hydrocarbon reserve base optimizing production and maximizing long-term value. It also operates a strategically integrated global downstream business. Headquartered in the city of Dhahran, the company operates within the Kingdom and worldwide, and employs around 79,800 people Share performance SAR 39.00 Volume x 1,000 600,000 36.00 450,000 33.00 M 300,000 30.00 150,000 27.00 0 Jan Feb Mar Aor May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mas Apr Share price - Volume Share data 4/11/2021 Currency SAR Volume 3,155,110 Previous Close 35.55 Number of Shares mn 200,000.00 Change % -0.14 Market Cap mn 7.110,000.00 Figures (SAR million) 2018 2019 2020 Earnings Before Interest and Taxes 298,015 562 233 380,212 Net Income 416 518 330 593 183,753 Total assets 1346.892 1494.126 1.914261 Total equity 1028435 1,046,235 1,101,094 Total abilities 318,457 447,891 813.167 Net cash provided by operating activities 453.701 416,529 285,297 Net cash used in investing activities (131,205) (177.144) (20.899) Net cash used in financing activities (220.586) (244,831) (234,872) Earnings Before Interest and we Net income SARDO 900 SABO 50 9 557 33 600 300 300 300 150 0 2019 2030 2010 Free cash flow Dividends paid 250 300 274 222 294 210 300 200 150 100 0 2020 Saudi Aramco PO Box 5000 Dhahran 31311. Saudi Arabia soudi aramco Supplied by Euroland.com