Financials National Gas and Industrialization Company

Equities

2080

SA0007879196

Natural Gas Utilities

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
84.7 SAR +0.24% Intraday chart for National Gas and Industrialization Company +1.32% +24.56%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,100 2,318 2,288 4,065 3,885 5,100
Enterprise Value (EV) 1 2,062 2,162 1,911 3,819 3,640 4,909
P/E ratio 17.9 x 21.1 x 16.7 x 20.1 x 18.1 x 22.4 x
Yield 5.71% - 1.64% 2.77% 3.57% 2.94%
Capitalization / Revenue 1.11 x 1.21 x 1.17 x 2.14 x 1.87 x 2.07 x
EV / Revenue 1.09 x 1.12 x 0.97 x 2.01 x 1.75 x 2 x
EV / EBITDA 10.9 x 13.9 x 15.3 x 24.4 x 17.7 x 22.1 x
EV / FCF 312 x 15.7 x 50.5 x -74.7 x 33.3 x 4,501 x
FCF Yield 0.32% 6.37% 1.98% -1.34% 3% 0.02%
Price to Book 1.2 x 1.45 x 1.46 x 2.46 x 2.24 x 2.76 x
Nbr of stocks (in thousands) 75,000 75,000 75,000 75,000 75,000 75,000
Reference price 2 28.00 30.90 30.50 54.20 51.80 68.00
Announcement Date 3/25/19 4/7/20 4/7/21 3/31/22 3/29/23 3/19/24
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,896 1,923 1,963 1,901 2,080 2,458
EBITDA 1 188.8 155.3 124.8 156.4 205.9 222.2
EBIT 1 99.08 69.33 39.85 72.25 108 127.7
Operating Margin 5.22% 3.61% 2.03% 3.8% 5.19% 5.2%
Earnings before Tax (EBT) 1 121.3 145.4 149.5 216 229.1 242.3
Net income 1 117.1 109.8 136.9 201.7 214.1 227.3
Net margin 6.18% 5.71% 6.97% 10.61% 10.29% 9.25%
EPS 2 1.562 1.464 1.825 2.690 2.854 3.031
Free Cash Flow 1 6.609 137.7 37.83 -51.12 109.3 1.091
FCF margin 0.35% 7.16% 1.93% -2.69% 5.25% 0.04%
FCF Conversion (EBITDA) 3.5% 88.67% 30.31% - 53.08% 0.49%
FCF Conversion (Net income) 5.64% 125.42% 27.64% - 51.05% 0.48%
Dividend per Share 2 1.600 - 0.5000 1.500 1.850 2.000
Announcement Date 3/25/19 4/7/20 4/7/21 3/31/22 3/29/23 3/19/24
1SAR in Million2SAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 38.4 156 376 246 245 191
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 6.61 138 37.8 -51.1 109 1.09
ROE (net income / shareholders' equity) 6.98% 6.77% 8.75% 12.5% 12.3% 12.7%
ROA (Net income/ Total Assets) 3.03% 2.07% 1.13% 1.98% 2.85% 3.24%
Assets 1 3,860 5,296 12,108 10,193 7,513 7,015
Book Value Per Share 2 23.30 21.30 20.90 22.00 23.10 24.60
Cash Flow per Share 2 0.5100 2.100 3.690 0.8300 2.340 1.730
Capex 1 114 75.1 115 168 170 143
Capex / Sales 6.03% 3.91% 5.88% 8.84% 8.16% 5.8%
Announcement Date 3/25/19 4/7/20 4/7/21 3/31/22 3/29/23 3/19/24
1SAR in Million2SAR
Estimates
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