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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Ps Multiple | 1.1x - 1.2x | 1.2x |
Selected Fwd Ps Multiple | 1.1x - 1.2x | 1.2x |
Fair Value | ﷼27.54 - ﷼30.44 | ﷼28.99 |
Upside | 24.1% - 37.1% | 30.6% |
Benchmarks | Ticker | Full Ticker |
---|---|---|
East Pipes Integrated Company for Industry | 132,100.0% | SASE:1321 |
Group Five Pipe Saudi Company | 952,300.0% | SASE:9523 |
Al Taiseer Group TALCO Industrial Company | 414,300.0% | SASE:4143 |
Al Masane Al Kobra Mining Company | 132,200.0% | SASE:1322 |
Arabian Pipes Company | 220,000.0% | SASE:2200 |
United Wire Factories Company | 130,100.0% | SASE:1301 |
Select Price / LTM Sales Ratio | ||||||||
Benchmark Companies | ||||||||
1321 | 9523 | 4143 | 1322 | 2200 | 1301 | |||
SASE:1321 | SASE:9523 | SASE:4143 | SASE:1322 | SASE:2200 | SASE:1301 | |||
Historical Sales Growth | ||||||||
5Y CAGR | 1.9% | 8.5% | 16.2% | 21.6% | 9.0% | -0.5% | ||
3Y CAGR | 45.3% | 15.1% | 10.9% | 10.0% | 43.1% | -8.4% | ||
Latest Twelve Months | -0.8% | 114.5% | 15.1% | 63.7% | -18.9% | -9.0% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 11.6% | 1.7% | 11.3% | 23.2% | -6.8% | 4.6% | ||
Prior Fiscal Year | 17.3% | 2.1% | 11.8% | 11.2% | 12.1% | 2.6% | ||
Latest Fiscal Year | 20.8% | 3.9% | 11.7% | 22.8% | 14.8% | 2.3% | ||
Latest Twelve Months | 21.6% | 3.9% | 11.1% | 25.2% | 13.3% | 1.4% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 7.0x | 13.9x | 13.2x | 11.5x | 5.7x | 25.1x | ||
Price / LTM Sales | 1.8x | 0.8x | 2.2x | 6.3x | 1.1x | 0.9x | ||
LTM P/E Ratio | 8.5x | 19.9x | 20.1x | 25.5x | 8.5x | 65.4x | ||
Low | Mid | High | ||||||
Benchmark LTM P/S Ratio | 0.8x | 1.8x | 6.3x | |||||
Historical LTM P/S Ratio | 0.8x | 1.1x | 1.5x | |||||
Selected Price / Sales Multiple | 1.1x | 1.2x | 1.2x | |||||
(x) LTM Sales | 685 | 685 | 685 | |||||
(=) Equity Value | 768 | 809 | 849 | |||||
(/) Shares Outstanding | 28.1 | 28.1 | 28.1 | |||||
Implied Value Range | 27.37 | 28.81 | 30.25 | |||||
FX Rate: SAR/SAR | 1.0 | 1.0 | 1.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 27.37 | 28.81 | 30.25 | 22.20 | ||||
Upside / (Downside) | 23.3% | 29.8% | 36.2% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | 1321 | 9523 | 4143 | 1322 | 2200 | 1301 | |
Value of Common Equity | 3,371 | 784 | 1,639 | 5,787 | 1,120 | 623 | |
(/) Shares Outstanding | 31.5 | 28.0 | 40.0 | 89.9 | 200.0 | 28.1 | |
Implied Stock Price | 107.00 | 28.00 | 40.98 | 64.35 | 5.60 | 22.20 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 107.00 | 28.00 | 40.98 | 64.35 | 5.60 | 22.20 | |
Trading Currency | SAR | SAR | SAR | SAR | SAR | SAR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |