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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Ps Multiple | 0.3x - 0.4x | 0.3x |
Selected Fwd Ps Multiple | 0.3x - 0.3x | 0.3x |
Fair Value | ﷼4.04 - ﷼4.46 | ﷼4.25 |
Upside | 19.9% - 32.6% | 26.2% |
Benchmarks | Ticker | Full Ticker |
---|---|---|
Mekdam Holding Group - Q.P.S.C. | - | DSM:MKDM |
Qatar Industrial Manufacturing Company Q.P.S.C. | - | DSM:QIMD |
Aamal Company Q.P.S.C. | - | DSM:AHCS |
Industries Qatar Q.P.S.C. | - | DSM:IQCD |
Chellarams Plc | - | NGSE:CHELLARAM |
Mannai Corporation Q.P.S.C. | - | DSM:MCCS |
Select Price / LTM Sales Ratio | ||||||||
Benchmark Companies | ||||||||
MKDM | QIMD | AHCS | IQCD | CHELLARAM | MCCS | |||
DSM:MKDM | DSM:QIMD | DSM:AHCS | DSM:IQCD | NGSE:CHELLARAM | DSM:MCCS | |||
Historical Sales Growth | ||||||||
5Y CAGR | 26.9% | 7.4% | 10.2% | 19.9% | 4.1% | -12.0% | ||
3Y CAGR | 25.3% | -1.2% | 9.6% | -3.7% | 42.0% | -22.9% | ||
Latest Twelve Months | 6.3% | -2.0% | 1.1% | 7.7% | 104.4% | 7.0% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 8.9% | 28.0% | 16.7% | 42.1% | -18.3% | 1.9% | ||
Prior Fiscal Year | 6.9% | 33.1% | 17.7% | 40.2% | 46.9% | -5.5% | ||
Latest Fiscal Year | 7.0% | 32.0% | 20.6% | 35.5% | -18.2% | -4.3% | ||
Latest Twelve Months | 7.0% | 32.0% | 20.6% | 35.5% | -10.7% | -3.9% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 9.6x | 15.6x | 12.1x | 16.4x | 9.7x | 14.2x | ||
Price / LTM Sales | 0.8x | 2.5x | 2.5x | 6.0x | 0.3x | 0.3x | ||
LTM P/E Ratio | 11.6x | 7.7x | 12.1x | 16.9x | -2.4x | -6.9x | ||
Low | Mid | High | ||||||
Benchmark LTM P/S Ratio | 0.3x | 2.5x | 6.0x | |||||
Historical LTM P/S Ratio | 0.1x | 0.1x | 0.4x | |||||
Selected Price / Sales Multiple | 0.3x | 0.3x | 0.4x | |||||
(x) LTM Sales | 5,784 | 5,784 | 5,784 | |||||
(=) Equity Value | 1,897 | 1,997 | 2,096 | |||||
(/) Shares Outstanding | 456.2 | 456.2 | 456.2 | |||||
Implied Value Range | 4.16 | 4.38 | 4.60 | |||||
FX Rate: QAR/QAR | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 4.16 | 4.38 | 4.60 | 3.37 | ||||
Upside / (Downside) | 23.5% | 30.0% | 36.5% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | MKDM | QIMD | AHCS | IQCD | CHELLARAM | MCCS | |
Value of Common Equity | 450 | 1,193 | 5,223 | 76,049 | 5,704 | 1,536 | |
(/) Shares Outstanding | 160.0 | 475.2 | 6,300.0 | 6,050.0 | 722.9 | 456.2 | |
Implied Stock Price | 2.82 | 2.51 | 0.83 | 12.57 | 7.89 | 3.37 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 2.82 | 2.51 | 0.83 | 12.57 | 7.89 | 3.37 | |
Trading Currency | QAR | QAR | QAR | QAR | NGN | QAR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |