GULF NAVIGATION HOLDING |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.4 AED | -0.27% |
|
+8.66% | +0.95% |
| Apr. 04 | UAE-based Gulf Navigation to Sell Treasury Shares | MT |
| Apr. 01 | Gulf Navigation to Transfer Listing to Dubai Exchange’s First Category | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 772.1 | 628.9 | 423 | 318 | 871.1 | 6,119 |
| Enterprise Value (EV) 1 | 1,298 | 1,094 | 823.9 | 625.9 | 1,111 | 6,109 |
| P/E ratio | -19.2 x | -1.94 x | -1.52 x | 5.23 x | 181 x | 319 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 5.25 x | 3.78 x | 2.9 x | 2.61 x | 6.35 x | 58 x |
| EV / Revenue | 8.83 x | 6.58 x | 5.65 x | 5.13 x | 8.1 x | 57.9 x |
| EV / EBITDA | 48 x | 61.9 x | 24.9 x | 13.7 x | 18.2 x | 309 x |
| EV / FCF | 129 x | -150 x | 39 x | 50.2 x | 95.6 x | -295 x |
| FCF Yield | 0.77% | -0.67% | 2.57% | 1.99% | 1.05% | -0.34% |
| Price to Book | 0.95 x | 1.06 x | 1.36 x | 0.87 x | 2.08 x | 10.1 x |
| Nbr of stocks (in thousands) | 459,605 | 509,605 | 509,605 | 509,605 | 632,121 | 834,818 |
| Reference price 2 | 1.680 | 1.234 | 0.8300 | 0.6240 | 1.378 | 7.330 |
| Announcement Date | 3/20/19 | 3/26/20 | 4/1/21 | 4/1/22 | 4/3/23 | 3/31/24 |
1AED in Million2AED
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 147.1 | 166.3 | 145.9 | 122 | 137.2 | 105.5 |
| EBITDA 1 | 27.03 | 17.66 | 33.04 | 45.81 | 61.05 | 19.78 |
| EBIT 1 | -19.72 | -36.58 | -13.08 | 6.154 | 19.78 | -16.95 |
| Operating Margin | -13.41% | -22% | -8.97% | 5.05% | 14.41% | -16.06% |
| Earnings before Tax (EBT) 1 | -38.18 | -325.1 | -277.2 | 61.35 | 6.495 | 21.28 |
| Net income 1 | -40.12 | -324.9 | -278.9 | 60.75 | 4.853 | 21.28 |
| Net margin | -27.28% | -195.43% | -191.24% | 49.8% | 3.54% | 20.16% |
| EPS 2 | -0.0873 | -0.6376 | -0.5473 | 0.1192 | 0.007610 | 0.0230 |
| Free Cash Flow 1 | 10.03 | -7.306 | 21.14 | 12.46 | 11.62 | -20.68 |
| FCF margin | 6.82% | -4.39% | 14.49% | 10.22% | 8.47% | -19.59% |
| FCF Conversion (EBITDA) | 37.12% | - | 63.99% | 27.2% | 19.03% | - |
| FCF Conversion (Net income) | - | - | - | 20.51% | 239.45% | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/20/19 | 3/26/20 | 4/1/21 | 4/1/22 | 4/3/23 | 3/31/24 |
1AED in Million2AED
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 526 | 465 | 401 | 308 | 240 | - |
| Net Cash position 1 | - | - | - | - | - | 10.4 |
| Leverage (Debt/EBITDA) | 19.46 x | 26.32 x | 12.14 x | 6.721 x | 3.932 x | - |
| Free Cash Flow 1 | 10 | -7.31 | 21.1 | 12.5 | 11.6 | -20.7 |
| ROE (net income / shareholders' equity) | -6% | -45.7% | -60.3% | 17.1% | 1.17% | 4.19% |
| ROA (Net income/ Total Assets) | -0.95% | -1.67% | -0.79% | 0.45% | 1.52% | -1.19% |
| Assets 1 | 4,228 | 19,467 | 35,442 | 13,402 | 319.3 | -1,795 |
| Book Value Per Share 2 | 1.780 | 1.160 | 0.6100 | 0.7200 | 0.6600 | 0.7200 |
| Cash Flow per Share 2 | 0.0700 | 0.0600 | 0.0400 | 0.0500 | 0.0400 | 0.2600 |
| Capex 1 | 82.6 | 35.5 | 3.11 | 18.3 | 1.51 | 40.5 |
| Capex / Sales | 56.18% | 21.34% | 2.13% | 15.02% | 1.1% | 38.33% |
| Announcement Date | 3/20/19 | 3/26/20 | 4/1/21 | 4/1/22 | 4/3/23 | 3/31/24 |
1AED in Million2AED
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +0.95% | 1.66B | |
| +30.31% | 12.25B | |
| +21.24% | 4.13B | |
| +36.60% | 4B | |
| +16.23% | 2.8B | |
| -15.05% | 1.89B | |
| +18.10% | 1.88B | |
| +16.21% | 1.85B | |
| +33.94% | 1.59B | |
| +32.12% | 1.57B |
- Stock Market
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- GULFNAV Stock
- Financials Gulf Navigation Holding
