COMMERCIAL REAL ESTATE COMPANY K.P.S.C. Financials Commercial Real Estate Company K.P.S.C.
Equities
ALTIJARIA
KW0EQ0401632
Real Estate Development & Operations
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.135 KWD | +0.51% |
|
+5.14% | +35.00% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 163 | 166.9 | 204.8 | 226.6 | 173.5 | 179.1 |
| Enterprise Value (EV) 1 | 329.3 | 344.7 | 393.9 | 400.6 | 357.4 | 365.8 |
| P/E ratio | 11.1 x | 11.4 x | 205 x | 17.7 x | 13.9 x | 12.6 x |
| Yield | 5.4% | 5.26% | 2.61% | 4.03% | 3.08% | 3.9% |
| Capitalization / Revenue | 4.38 x | 4.5 x | 10.3 x | 5.24 x | 5.85 x | 5.85 x |
| EV / Revenue | 8.84 x | 9.29 x | 19.8 x | 9.27 x | 12.1 x | 12 x |
| EV / EBITDA | 13.4 x | 13.7 x | 35.6 x | 12.6 x | 17.4 x | 18.3 x |
| EV / FCF | 33.6 x | 49.4 x | -171 x | 27 x | 20.8 x | -314 x |
| FCF Yield | 2.98% | 2.02% | -0.59% | 3.71% | 4.8% | -0.32% |
| Price to Book | 0.55 x | 0.56 x | 0.72 x | 0.78 x | 0.6 x | 0.61 x |
| Nbr of stocks (in thousands) | 1,955,743 | 1,948,973 | 1,908,523 | 1,904,118 | 1,842,682 | 1,790,780 |
| Reference price 2 | 0.0834 | 0.0856 | 0.1073 | 0.1190 | 0.0941 | 0.1000 |
| Announcement Date | 3/11/19 | 3/11/20 | 3/17/21 | 3/15/22 | 3/14/23 | 3/19/24 |
1KWD in Million2KWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 37.25 | 37.12 | 19.91 | 43.21 | 29.63 | 30.6 |
| EBITDA 1 | 24.65 | 25.19 | 11.07 | 31.83 | 20.58 | 20.04 |
| EBIT 1 | 22.84 | 23.31 | 9.304 | 30.77 | 19.39 | 18.83 |
| Operating Margin | 61.31% | 62.81% | 46.74% | 71.21% | 65.45% | 61.53% |
| Earnings before Tax (EBT) 1 | 16.01 | 16.31 | 2.238 | 12.86 | 13.46 | 16.21 |
| Net income 1 | 14.5 | 14.58 | 1.005 | 12.54 | 12.48 | 14.42 |
| Net margin | 38.94% | 39.29% | 5.05% | 29.02% | 42.12% | 47.13% |
| EPS 2 | 0.007477 | 0.007523 | 0.000524 | 0.006740 | 0.006751 | 0.007967 |
| Free Cash Flow 1 | 9.8 | 6.979 | -2.309 | 14.87 | 17.16 | -1.164 |
| FCF margin | 26.31% | 18.8% | -11.6% | 34.41% | 57.91% | -3.8% |
| FCF Conversion (EBITDA) | 39.75% | 27.7% | - | 46.7% | 83.38% | - |
| FCF Conversion (Net income) | 67.57% | 47.85% | - | 118.57% | 137.48% | - |
| Dividend per Share 2 | 0.004500 | 0.004500 | 0.002800 | 0.004800 | 0.002900 | 0.003900 |
| Announcement Date | 3/11/19 | 3/11/20 | 3/17/21 | 3/15/22 | 3/14/23 | 3/19/24 |
1KWD in Million2KWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 166 | 178 | 189 | 174 | 184 | 187 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 6.744 x | 7.06 x | 17.08 x | 5.469 x | 8.94 x | 9.318 x |
| Free Cash Flow 1 | 9.8 | 6.98 | -2.31 | 14.9 | 17.2 | -1.16 |
| ROE (net income / shareholders' equity) | 5.05% | 5.14% | 0.72% | 4.11% | 4.28% | 5.13% |
| ROA (Net income/ Total Assets) | 2.74% | 2.75% | 1.08% | 3.58% | 2.22% | 2.11% |
| Assets 1 | 529.3 | 531.1 | 92.99 | 350.1 | 561.4 | 683 |
| Book Value Per Share 2 | 0.1500 | 0.1500 | 0.1500 | 0.1500 | 0.1600 | 0.1600 |
| Cash Flow per Share 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capex 1 | 0.34 | 1.03 | 0.61 | 0.91 | 0.32 | 0.61 |
| Capex / Sales | 0.9% | 2.77% | 3.05% | 2.1% | 1.08% | 1.98% |
| Announcement Date | 3/11/19 | 3/11/20 | 3/17/21 | 3/15/22 | 3/14/23 | 3/19/24 |
1KWD in Million2KWD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +35.00% | 781M | |
| +12.14% | 29.29B | |
| +29.48% | 28.36B | |
| -7.64% | 25.5B | |
| +15.47% | 24.47B | |
| +44.75% | 23.83B | |
| +11.05% | 21.57B | |
| +2.90% | 19.32B | |
| +28.56% | 16.73B | |
| -3.64% | 15.96B |
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- Equities
- ALTIJARIA Stock
- Financials Commercial Real Estate Company K.P.S.C.
