Financials Arab Palestinian Investment Company

Equities

APIC

PS4010112960

Food Processing

End-of-day quote Palestine Exchange 06:00:00 2024-06-10 pm EDT 5-day change 1st Jan Change
2.65 USD 0.00% Intraday chart for Arab Palestinian Investment Company +1.15% -11.52%

Valuation

Fiscal Period: December 2018 2019 2021 2022 2023
Capitalization 1 192.7 226.9 346.5 425.6 374.4
Enterprise Value (EV) 1 332.1 382.2 586.1 751.9 744.3
P/E ratio 13.8 x 12.5 x 10.3 x 15.4 x 21.1 x
Yield 2.59% 2.64% 3.18% 2.5% -
Capitalization / Revenue 0.26 x 0.28 x 0.31 x 0.37 x 0.31 x
EV / Revenue 0.45 x 0.46 x 0.53 x 0.65 x 0.62 x
EV / EBITDA 9.18 x 8.19 x 9.04 x 11.5 x 11.5 x
EV / FCF -22.5 x 286 x -24.1 x -11.8 x -22.9 x
FCF Yield -4.45% 0.35% -4.16% -8.49% -4.37%
Price to Book 1.66 x 1.71 x 2.12 x 2.29 x 2.03 x
Nbr of stocks (in thousands) 121,353 123,442 125,002 125,002 125,002
Reference price 2 1.588 1.839 2.772 3.405 2.995
Announcement Date 3/28/19 6/30/20 4/13/23 4/13/23 4/29/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2021 2022 2023
Net sales 1 733.2 825.2 1,110 1,161 1,198
EBITDA 1 36.18 46.68 64.81 65.24 64.87
EBIT 1 26.78 36.7 54.01 53.17 52.45
Operating Margin 3.65% 4.45% 4.87% 4.58% 4.38%
Earnings before Tax (EBT) 1 20.36 26.55 42.8 38.8 26.08
Net income 1 13.09 17.87 33.56 27.68 17.72
Net margin 1.78% 2.17% 3.02% 2.38% 1.48%
EPS 2 0.1148 0.1466 0.2685 0.2214 0.1417
Free Cash Flow 1 -14.78 1.338 -24.35 -63.84 -32.53
FCF margin -2.02% 0.16% -2.19% -5.5% -2.72%
FCF Conversion (EBITDA) - 2.87% - - -
FCF Conversion (Net income) - 7.49% - - -
Dividend per Share 2 0.0412 0.0486 0.0882 0.0851 -
Announcement Date 3/28/19 6/30/20 4/13/23 4/13/23 4/29/24
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2021 2022 2023
Net Debt 1 139 155 240 326 370
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) 3.851 x 3.326 x 3.697 x 5.002 x 5.702 x
Free Cash Flow 1 -14.8 1.34 -24.4 -63.8 -32.5
ROE (net income / shareholders' equity) 12.1% 14.7% 18.4% 15% 8.85%
ROA (Net income/ Total Assets) 4.55% 5.62% 5.97% 4.88% 4.26%
Assets 1 287.7 317.9 561.8 566.6 416.2
Book Value Per Share 2 0.9500 1.080 1.310 1.490 1.470
Cash Flow per Share 2 0.1800 0.2200 0.3700 0.2600 0.2800
Capex 1 14.2 18.9 5.64 38.1 31.4
Capex / Sales 1.94% 2.29% 0.51% 3.28% 2.62%
Announcement Date 3/28/19 6/30/20 4/13/23 4/13/23 4/29/24
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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