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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | 16.9x - 18.7x | 17.8x |
Selected Fwd P/E Multiple | 14.6x - 16.1x | 15.3x |
Fair Value | ﷼12.47 - ﷼13.78 | ﷼13.12 |
Upside | 3.5% - 14.4% | 8.9% |
Benchmarks | - | Full Ticker |
Aamal Company Q.P.S.C. | - | DSM:AHCS |
Qatar Industrial Manufacturing Company Q.P.S.C. | - | DSM:QIMD |
Mannai Corporation Q.P.S.C. | - | DSM:MCCS |
Mekdam Holding Group - Q.P.S.C. | - | DSM:MKDM |
Alliance Global Group, Inc. | - | PSE:AGI |
Industries Qatar Q.P.S.C. | - | DSM:IQCD |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
AHCS | QIMD | MCCS | MKDM | AGI | IQCD | |||
DSM:AHCS | DSM:QIMD | DSM:MCCS | DSM:MKDM | PSE:AGI | DSM:IQCD | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 6.1% | 5.0% | NM- | 6.8% | 5.4% | 11.8% | ||
3Y CAGR | 12.4% | 3.5% | NM- | 10.9% | 30.5% | -17.8% | ||
Latest Twelve Months | 17.7% | -5.3% | 170.3% | 7.1% | -11.5% | -13.1% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 16.6% | 28.0% | 2.0% | 8.8% | 13.8% | 41.7% | ||
Prior Fiscal Year | 17.7% | 33.1% | -4.3% | 6.9% | 9.0% | 40.2% | ||
Latest Fiscal Year | 20.6% | 32.0% | 3.1% | 7.0% | 9.6% | 35.5% | ||
Latest Twelve Months | NA | 32.0% | 3.1% | 7.2% | 9.1% | 35.5% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 11.6x | 15.7x | 10.4x | 9.8x | 6.7x | 16.4x | ||
Price / LTM Sales | 2.4x | 2.5x | 0.3x | 0.8x | 0.3x | 5.6x | ||
LTM P/E Ratio | 11.8x | 7.8x | 9.3x | 11.3x | 2.8x | 17.5x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | 2.8x | 9.3x | 11.8x | |||||
Historical LTM P/E Ratio | 8.5x | 15.1x | 39.4x | |||||
Selected P/E Multiple | 16.9x | 17.8x | 18.7x | |||||
(x) LTM Net Income | 4,203 | 4,203 | 4,203 | |||||
(=) Equity Value | 71,051 | 74,791 | 78,530 | |||||
(/) Shares Outstanding | 6,050.0 | 6,050.0 | 6,050.0 | |||||
Implied Value Range | 11.74 | 12.36 | 12.98 | |||||
FX Rate: QAR/QAR | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 11.74 | 12.36 | 12.98 | 12.05 | ||||
Upside / (Downside) | -2.5% | 2.6% | 7.7% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | AHCS | QIMD | MCCS | MKDM | AGI | IQCD | |
Value of Common Equity | 5,179 | 1,198 | 1,567 | 449 | 54,586 | 72,903 | |
(/) Shares Outstanding | 6,300.0 | 475.2 | 456.2 | 160.0 | 8,875.8 | 6,050.0 | |
Implied Stock Price | 0.82 | 2.52 | 3.43 | 2.81 | 6.15 | 12.05 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 0.82 | 2.52 | 3.43 | 2.81 | 6.15 | 12.05 | |
Trading Currency | QAR | QAR | QAR | QAR | PHP | QAR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |