Financials Gulf Warehousing Company Q.P.S.C.

Equities

GWCS

QA000A0KD6H9

Air Freight & Logistics

End-of-day quote Qatar Exchange 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
3.3 QAR +0.46% Intraday chart for Gulf Warehousing Company Q.P.S.C. -2.34% +5.36%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,211 2,988 2,659 2,372 1,835 1,934 - -
Enterprise Value (EV) 1 3,211 2,988 2,659 3,926 3,572 3,777 3,550 3,249
P/E ratio 12.7 x 12.7 x 11.9 x 9.87 x 8.53 x 8.29 x 7.6 x 6.92 x
Yield 3.65% 1.96% 2.2% 2.47% 3.19% 3.61% 4.3% 4.74%
Capitalization / Revenue 2.63 x - 2.04 x 1.56 x 1.22 x 1.19 x 1.17 x 1.13 x
EV / Revenue 2.63 x - 2.04 x 2.58 x 2.37 x 2.33 x 2.15 x 1.89 x
EV / EBITDA 6.7 x - 5.88 x 8.19 x 6.74 x 6.71 x 5.92 x 5.3 x
EV / FCF - - - -227,940,262 x - - - -
FCF Yield - - - -0% - - - -
Price to Book - - - 1.06 x 0.77 x 0.76 x 0.7 x 0.65 x
Nbr of stocks (in thousands) 586,031 586,031 586,031 586,031 586,031 586,031 - -
Reference price 2 5.480 5.098 4.538 4.048 3.132 3.300 3.300 3.300
Announcement Date 1/14/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1QAR in Million2QAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,222 - 1,304 1,519 1,508 1,622 1,654 1,719
EBITDA 1 479.2 - 452.6 479.2 530.3 563 599.5 613
EBIT 1 332.9 - 289.3 307.2 323 354 371 377
Operating Margin 27.25% - 22.19% 20.23% 21.42% 21.82% 22.44% 21.93%
Earnings before Tax (EBT) 1 - - 233.7 251.6 221.8 243 264.5 289.5
Net income 1 249.5 - 224.9 239.6 215 242 260.5 285.5
Net margin 20.42% - 17.25% 15.77% 14.26% 14.92% 15.75% 16.61%
EPS 2 0.4300 0.4000 0.3800 0.4100 0.3670 0.3980 0.4340 0.4770
Free Cash Flow - - - -17.22 - - - -
FCF margin - - - -1.13% - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.2000 0.1000 0.1000 0.1000 0.1000 0.1190 0.1420 0.1565
Announcement Date 1/14/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1QAR in Million2QAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 S1 2023 Q3 2023 Q4 2024 Q1
Net sales 1 356.1 351.4 367.7 390.6 409.2 412.7 - 349 372.8 376
EBITDA - - - - - - - - - -
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - -
Net income 1 - - - - - - 114.8 52 47.17 51
Net margin - - - - - - - 14.9% 12.65% 13.56%
EPS 0.1000 0.1000 0.1000 0.1000 0.1100 0.1050 0.1960 0.0940 0.0770 -
Dividend per Share - - - - - - - - - -
Announcement Date 1/25/22 5/6/22 7/26/22 10/25/22 1/24/23 4/28/23 7/26/23 10/26/23 1/23/24 4/25/24
1QAR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 1,554 1,736 1,843 1,616 1,315
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - - 3.242 x 3.274 x 3.274 x 2.696 x 2.145 x
Free Cash Flow - - -17.2 - - - -
ROE (net income / shareholders' equity) 14.1% 11.3% 11.1% 9.32% 9.4% 10.2% 10.6%
ROA (Net income/ Total Assets) 6.61% 5.34% 5.26% 4.31% 4.5% 5.3% 6.1%
Assets 1 3,776 4,210 4,558 4,986 5,378 4,915 4,680
Book Value Per Share 2 - - 3.810 4.070 4.370 4.740 5.120
Cash Flow per Share - - - - - - -
Capex - - 434 562 - - -
Capex / Sales - - 28.6% 37.29% - - -
Announcement Date 1/14/20 1/25/22 1/24/23 1/23/24 - - -
1QAR in Million2QAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
3.3 QAR
Average target price
4.695 QAR
Spread / Average Target
+42.27%
Consensus
  1. Stock Market
  2. Equities
  3. GWCS Stock
  4. Financials Gulf Warehousing Company Q.P.S.C.