Financials Abdulmohsen Al-Hokair Group for Tourism and Development Company

Equities

End-of-day quote Saudi Arabian S.E. Other stock markets 06:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
2.62 ^SAR	+0.77%		-6.43%	+14.91%

Apr. 15	Al Hokair Group Commences Catering Services Work for Neom Residential Complex	MT
Apr. 15	Abdulmohsen Alhokair Group for Tourism and Development Announces the Award of Project Award with Alpha Facilities Contracting Company	CI

Fiscal Period: December	2019	2022	2023	2024	2025	2026
Capitalization ¹	870.1	563.9	718.2	825.3	-	-
Enterprise Value (EV) ¹	3,169	563.9	2,189	2,332	2,328	825.3
P/E ratio	-6.08 x	-6.91 x	-8.14 x	-87.3 x	20.2 x	-
Yield	-	-	-	-	-	-
Capitalization / Revenue	0.78 x	-	0.97 x	1.02 x	0.92 x	0.82 x
EV / Revenue	2.85 x	-	2.95 x	2.87 x	2.59 x	0.82 x
EV / EBITDA	9.72 x	-	9.57 x	8.8 x	7.49 x	-
EV / FCF	12 x	-	-	-64.4 x	529 x	-
FCF Yield	8.34%	-	-	-1.55%	0.19%	-
Price to Book	-	-	-	-	-	-
Nbr of stocks (in thousands)	166,224	315,000	315,000	315,000	-	-
Reference price ²	5.234	1.790	2.280	2.620	2.620	2.620
Announcement Date	3/26/20	4/10/23	3/28/24	-	-	-

¹SAR in Million²SAR

Estimates

Fiscal Period: December	2019	2022	2023	2024	2025	2026
Net sales ¹	1,110	-	741.9	813	899	1,004
EBITDA ¹	325.9	-	228.6	265	311	-
EBIT ¹	8.391	-	35.91	70.8	113	-
Operating Margin	0.76%	-	4.84%	8.71%	12.57%	-
Earnings before Tax (EBT)	-	-	-	-	-	-
Net income ¹	-143	-81.49	-89.55	-9.14	40.2	95.6
Net margin	-12.88%	-	-12.07%	-1.12%	4.47%	9.52%
EPS ²	-0.8603	-0.2590	-0.2800	-0.0300	0.1300	-
Free Cash Flow ¹	264.2	-	-	-36.2	4.4	-
FCF margin	23.8%	-	-	-4.45%	0.49%	-
FCF Conversion (EBITDA)	81.06%	-	-	-	1.41%	-
FCF Conversion (Net income)	-	-	-	-	10.95%	-
Dividend per Share	-	-	-	-	-	-
Announcement Date	3/26/20	4/10/23	3/28/24	-	-	-

¹SAR in Million²SAR

Estimates

Fiscal Period: December	2019	2022	2023	2024	2025	2026
Net Debt ¹	2,299	-	1,471	1,507	1,503	-
Net Cash position ¹	-	-	-	-	-	-
Leverage (Debt/EBITDA)	7.054 x	-	6.433 x	5.687 x	4.833 x	-
Free Cash Flow ¹	264	-	-	-36.2	4.4	-
ROE (net income / shareholders' equity)	-28%	-	-36.3%	-4.6%	18.7%	33.9%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share	-	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	101	-	118	243	246	-
Capex / Sales	9.1%	-	15.95%	29.89%	27.36%	-
Announcement Date	3/26/20	4/10/23	3/28/24	-	-	-

¹SAR in Million

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

2.62 SAR

Average target price

2.84 SAR

Spread / Average Target

+8.40%

	1st Jan change	Capi.
ABDULMOHSEN AL-HOKAIR GROUP FOR TOURISM AND DEVELOPMENT COMPANY	+14.91%	218M
MARRIOTT INTERNATIONAL, INC.	+4.71%	69.32B
INTERCONTINENTAL HOTELS GROUP PLC	+10.75%	16.13B
HYATT HOTELS CORPORATION	+14.09%	15.4B
ACCOR	+19.39%	11.08B
THE INDIAN HOTELS COMPANY LIMITED	+31.62%	9.95B
MINOR INTERNATIONAL	+11.86%	5.13B
HILTON GRAND VACATIONS INC.	+3.63%	4.56B
ASSET WORLD CORP	+23.60%	3.82B
EIH LIMITED	+91.72%	3.56B