Market Closed -
Dubai FM
06:55:56 2024-04-29 am EDT
|
5-day change
|
1st Jan Change
|
2.66
AED
|
-0.37%
|
|
+0.38%
|
-5.67%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,513
|
5,973
|
6,767
|
10,033
|
13,160
|
12,413
|
-
|
-
|
Enterprise Value (EV)
1 |
8,583
|
7,059
|
6,163
|
8,185
|
13,160
|
8,631
|
8,101
|
8,715
|
P/E ratio
|
7.67
x
|
-32
x
|
9.67
x
|
8.27
x
|
8.55
x
|
8.38
x
|
7.34
x
|
8.44
x
|
Yield
|
5.59%
|
-
|
6.21%
|
-
|
-
|
7.04%
|
7.22%
|
7.24%
|
Capitalization / Revenue
|
1.58
x
|
3.23
x
|
2.13
x
|
1.91
x
|
2.19
x
|
1.95
x
|
1.83
x
|
1.76
x
|
EV / Revenue
|
1.8
x
|
3.81
x
|
1.94
x
|
1.56
x
|
2.19
x
|
1.36
x
|
1.2
x
|
1.24
x
|
EV / EBITDA
|
5.75
x
|
16.9
x
|
4.88
x
|
4.78
x
|
6.98
x
|
4.66
x
|
4.05
x
|
4.59
x
|
EV / FCF
|
4.92
x
|
9.33
x
|
3.25
x
|
4.24
x
|
-
|
3.5
x
|
3.34
x
|
-
|
FCF Yield
|
20.3%
|
10.7%
|
30.8%
|
23.6%
|
-
|
28.6%
|
29.9%
|
-
|
Price to Book
|
1.35
x
|
1.33
x
|
1.11
x
|
1.43
x
|
-
|
1.86
x
|
1.42
x
|
1.62
x
|
Nbr of stocks (in thousands)
|
4,666,700
|
4,666,700
|
4,666,700
|
4,666,700
|
4,666,700
|
4,666,700
|
-
|
-
|
Reference price
2 |
1.610
|
1.280
|
1.450
|
2.150
|
2.820
|
2.660
|
2.660
|
2.660
|
Announcement Date
|
2/9/20
|
2/11/21
|
2/15/22
|
2/14/23
|
2/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,758
|
1,851
|
3,174
|
5,242
|
6,000
|
6,352
|
6,774
|
7,049
|
EBITDA
1 |
1,491
|
418.4
|
1,263
|
1,711
|
1,886
|
1,851
|
2,002
|
1,899
|
EBIT
1 |
932.5
|
-180.1
|
643
|
1,077
|
1,239
|
1,289
|
1,403
|
1,256
|
Operating Margin
|
19.6%
|
-9.73%
|
20.26%
|
20.55%
|
20.64%
|
20.3%
|
20.71%
|
17.81%
|
Earnings before Tax (EBT)
1 |
1,008
|
-192.2
|
719.9
|
1,222
|
1,548
|
1,727
|
1,956
|
-
|
Net income
1 |
990.2
|
-192.2
|
719.9
|
1,222
|
1,547
|
1,506
|
1,592
|
1,682
|
Net margin
|
20.81%
|
-10.38%
|
22.68%
|
23.31%
|
25.79%
|
23.72%
|
23.5%
|
23.86%
|
EPS
2 |
0.2100
|
-0.0400
|
0.1500
|
0.2600
|
0.3300
|
0.3175
|
0.3622
|
0.3150
|
Free Cash Flow
1 |
1,745
|
756.4
|
1,896
|
1,932
|
-
|
2,468
|
2,425
|
-
|
FCF margin
|
36.67%
|
40.86%
|
59.74%
|
36.85%
|
-
|
38.85%
|
35.8%
|
-
|
FCF Conversion (EBITDA)
|
116.98%
|
180.77%
|
150.08%
|
112.9%
|
-
|
133.36%
|
121.1%
|
-
|
FCF Conversion (Net income)
|
176.21%
|
-
|
263.38%
|
158.11%
|
-
|
163.83%
|
152.32%
|
-
|
Dividend per Share
2 |
0.0900
|
-
|
0.0900
|
-
|
-
|
0.1872
|
0.1920
|
0.1927
|
Announcement Date
|
2/9/20
|
2/11/21
|
2/15/22
|
2/14/23
|
2/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
804.4
|
1,302
|
1,129
|
1,114
|
1,606
|
1,393
|
1,429
|
1,396
|
-
|
1,630
|
1,545
|
1,434
|
1,392
|
1,626
|
1,541
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
461.4
|
540.7
|
-
|
523.2
|
360.6
|
397
|
-
|
-
|
-
|
EBIT
1 |
138.6
|
439.6
|
280.8
|
160.8
|
339.8
|
295.7
|
301.4
|
382.1
|
-
|
362.6
|
192.4
|
211.5
|
-
|
-
|
-
|
Operating Margin
|
17.23%
|
33.77%
|
24.88%
|
14.43%
|
21.16%
|
21.22%
|
21.09%
|
27.38%
|
-
|
22.25%
|
12.45%
|
14.75%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
326
|
-
|
-
|
-
|
Net income
1 |
208.9
|
466.8
|
290.9
|
160.1
|
415.7
|
355.2
|
341.6
|
459.2
|
801
|
521.6
|
224.8
|
289.3
|
-
|
-
|
-
|
Net margin
|
25.97%
|
35.86%
|
25.77%
|
14.37%
|
25.88%
|
25.49%
|
23.9%
|
32.9%
|
-
|
32%
|
14.55%
|
20.18%
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
0.0730
|
-
|
-
|
0.1100
|
0.0500
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/11/21
|
2/15/22
|
5/12/22
|
8/11/22
|
11/10/22
|
2/14/23
|
5/8/23
|
8/14/23
|
8/14/23
|
11/14/23
|
2/13/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,070
|
1,085
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
604
|
1,848
|
-
|
3,783
|
4,312
|
3,698
|
Leverage (Debt/EBITDA)
|
0.7173
x
|
2.594
x
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
1,745
|
756
|
1,896
|
1,932
|
-
|
2,468
|
2,425
|
-
|
ROE (net income / shareholders' equity)
|
19.7%
|
-3.82%
|
13.6%
|
18.7%
|
-
|
19.4%
|
19.2%
|
18.4%
|
ROA (Net income/ Total Assets)
|
8.17%
|
-1.51%
|
5.55%
|
8.81%
|
-
|
9.15%
|
9.45%
|
9.3%
|
Assets
1 |
12,117
|
12,734
|
12,980
|
13,872
|
-
|
16,463
|
16,847
|
18,082
|
Book Value Per Share
2 |
1.190
|
0.9700
|
1.300
|
1.500
|
-
|
1.430
|
1.870
|
1.640
|
Cash Flow per Share
2 |
0.4500
|
0.1700
|
0.4200
|
0.4700
|
-
|
0.4600
|
0.5400
|
-
|
Capex
1 |
348
|
28.9
|
52.5
|
256
|
-
|
504
|
603
|
434
|
Capex / Sales
|
7.32%
|
1.56%
|
1.65%
|
4.88%
|
-
|
7.93%
|
8.9%
|
6.16%
|
Announcement Date
|
2/9/20
|
2/11/21
|
2/15/22
|
2/14/23
|
2/13/24
|
-
|
-
|
-
|
Last Close Price
2.66
AED Average target price
3.157
AED Spread / Average Target +18.68% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.67% | 3.39B | | +25.40% | 32.21B | | +6.95% | 24.77B | | -0.15% | 19.86B | | +32.38% | 18.21B | | +28.38% | 17.37B | | -19.64% | 14.84B | | +42.61% | 13.47B | | -14.20% | 12.32B | | -3.61% | 10.28B |
Other Airlines
|