Financials Jarir Marketing Company

Equities

4190

SA000A0BLA62

Other Specialty Retailers

Market Closed - Saudi Arabian S.E. 08:20:03 2024-05-21 am EDT 5-day change 1st Jan Change
13.32 SAR -0.22% Intraday chart for Jarir Marketing Company -0.75% -14.51%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 19,872 20,808 23,616 18,000 18,696 16,248 - -
Enterprise Value (EV) 1 20,185 21,506 23,826 18,195 19,360 16,652 16,536 16,456
P/E ratio 20.2 x 20.7 x 23.8 x 18.6 x 19.2 x 16.6 x 14.8 x 14.5 x
Yield 4.83% 4.53% 4.01% 5.13% 5.33% 5.95% 6.39% 6.67%
Capitalization / Revenue 2.36 x 2.24 x 2.6 x 1.92 x 1.76 x 1.48 x 1.39 x 1.32 x
EV / Revenue 2.4 x 2.31 x 2.62 x 1.94 x 1.83 x 1.52 x 1.42 x 1.34 x
EV / EBITDA 16.6 x 17.1 x 19.6 x 15.3 x 15.8 x 13.7 x 12.4 x 11.6 x
EV / FCF 22.7 x 16.5 x 17.7 x 19.3 x 30.2 x 15.4 x 14.5 x 12.7 x
FCF Yield 4.4% 6.05% 5.65% 5.18% 3.31% 6.49% 6.89% 7.89%
Price to Book 12.1 x 12.1 x 13.3 x 9.99 x 10.6 x 9.1 x 8.3 x 8.82 x
Nbr of stocks (in thousands) 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 - -
Reference price 2 16.56 17.34 19.68 15.00 15.58 13.54 13.54 13.54
Announcement Date 3/12/20 3/17/21 1/30/22 3/15/23 1/30/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,425 9,306 9,088 9,392 10,595 10,952 11,662 12,265
EBITDA 1 1,216 1,258 1,217 1,186 1,228 1,214 1,334 1,418
EBIT 1 1,071 1,101 1,061 1,018 1,045 1,057 1,152 1,217
Operating Margin 12.71% 11.83% 11.68% 10.84% 9.86% 9.65% 9.88% 9.92%
Earnings before Tax (EBT) 1 1,010 1,052 1,019 977.8 1,002 1,009 1,128 1,195
Net income 1 984.7 1,003 991.9 969.8 973 988.9 1,093 1,138
Net margin 11.69% 10.78% 10.91% 10.33% 9.18% 9.03% 9.37% 9.28%
EPS 2 0.8210 0.8360 0.8270 0.8080 0.8100 0.8155 0.9164 0.9333
Free Cash Flow 1 888.7 1,301 1,347 942 641.5 1,081 1,140 1,298
FCF margin 10.55% 13.98% 14.82% 10.03% 6.06% 9.87% 9.78% 10.58%
FCF Conversion (EBITDA) 73.08% 103.43% 110.71% 79.46% 52.24% 89.03% 85.46% 91.53%
FCF Conversion (Net income) 90.25% 129.7% 135.78% 97.14% 65.93% 109.28% 104.3% 114.01%
Dividend per Share 2 0.8000 0.7850 0.7900 0.7700 0.8300 0.8053 0.8656 0.9032
Announcement Date 3/12/20 3/17/21 1/30/22 3/15/23 1/30/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,318 2,287 2,010 2,517 2,577 2,718 2,436 2,639 2,802 2,650 2,443 2,646 2,810
EBITDA - - 231.3 - - - - - - - - - -
EBIT 1 277.7 267.9 191.8 291.3 267.5 264.5 174.8 316.1 289.7 237.5 144.3 283.4 425.4
Operating Margin 11.98% 11.71% 9.54% 11.57% 10.38% 9.73% 7.18% 11.98% 10.34% 8.96% 5.91% 10.71% 15.14%
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income 262.5 251.3 177.2 273.7 267.6 247.8 155.8 296.3 273.1 219.3 - - -
Net margin 11.32% 10.99% 8.82% 10.87% 10.38% 9.12% 6.4% 11.23% 9.75% 8.28% - - -
EPS 0.2190 - - 0.2280 0.2230 - - - 0.2300 0.1800 - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 1/30/22 5/9/22 7/17/22 10/13/22 3/15/23 5/8/23 8/3/23 11/2/23 1/30/24 4/18/24 - - -
1SAR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 313 698 210 195 664 404 288 208
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.2572 x 0.5546 x 0.1725 x 0.1642 x 0.5409 x 0.3332 x 0.2157 x 0.1467 x
Free Cash Flow 1 889 1,301 1,347 942 642 1,081 1,140 1,298
ROE (net income / shareholders' equity) 58.9% 59.5% 56.8% 54.3% 54.5% 55% 59.7% 60.5%
ROA (Net income/ Total Assets) 27.3% 25.1% 24.5% 23.2% 23.3% 23.3% 25.7% 26.9%
Assets 1 3,608 4,000 4,056 4,185 4,184 4,250 4,247 4,240
Book Value Per Share 2 1.370 1.440 1.480 1.500 1.480 1.490 1.630 1.540
Cash Flow per Share 2 0.8100 1.160 1.190 0.8300 0.5700 0.9400 1.040 -
Capex 1 105 95.9 80.9 56.6 47.3 83.5 101 95.3
Capex / Sales 1.25% 1.03% 0.89% 0.6% 0.45% 0.76% 0.86% 0.78%
Announcement Date 3/12/20 3/17/21 1/30/22 3/15/23 1/30/24 - - -
1SAR in Million2SAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
13.54 SAR
Average target price
17.09 SAR
Spread / Average Target
+26.21%
Consensus
  1. Stock Market
  2. Equities
  3. 4190 Stock
  4. Financials Jarir Marketing Company
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