Financials Al-Enma'a Real Estate Company K.S.C.P.

Equities

ERESCO

KW0EQ0400717

Real Estate Development & Operations

End-of-day quote Kuwait S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
0.0528 KWD -0.19% Intraday chart for Al-Enma'a Real Estate Company K.S.C.P. +1.54% +3.94%

Valuation

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Capitalization 1 13.56 23.43 21.63 36.85 26.67 22.89
Enterprise Value (EV) 1 26.81 29.59 29.81 42.19 29.37 23.04
P/E ratio -12.4 x 13.7 x -47.1 x -19.8 x 114 x 22.7 x
Yield - - - - - -
Capitalization / Revenue 0.7 x 1.53 x 2.19 x 3.53 x 2.9 x 2.83 x
EV / Revenue 1.39 x 1.93 x 3.02 x 4.04 x 3.19 x 2.84 x
EV / EBITDA 14 x 10.5 x 42.9 x -52.7 x 790 x 20.7 x
EV / FCF 11.1 x 16.7 x 10.1 x 8.57 x 5.8 x -76.4 x
FCF Yield 9.04% 5.98% 9.85% 11.7% 17.2% -1.31%
Price to Book 0.31 x 0.52 x 0.5 x 0.9 x 0.65 x 0.54 x
Nbr of stocks (in thousands) 450,535 450,535 450,535 450,429 450,429 450,535
Reference price 2 0.0301 0.0520 0.0480 0.0818 0.0592 0.0508
Announcement Date 12/30/18 1/9/20 2/17/21 1/23/22 1/15/23 12/24/23
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Net sales 1 19.29 15.35 9.859 10.44 9.202 8.099
EBITDA 1 1.914 2.822 0.6949 -0.8004 0.0372 1.112
EBIT 1 1.776 2.622 0.5418 -0.9289 -0.0686 1.037
Operating Margin 9.21% 17.07% 5.5% -8.9% -0.74% 12.8%
Earnings before Tax (EBT) 1 -0.8848 1.719 -0.4596 -1.863 0.2343 1.022
Net income 1 -1.091 1.704 -0.4596 -1.863 0.2343 1.01
Net margin -5.66% 11.1% -4.66% -17.84% 2.55% 12.48%
EPS 2 -0.002421 0.003783 -0.001020 -0.004134 0.000519 0.002242
Free Cash Flow 1 2.424 1.769 2.937 4.923 5.06 -0.3017
FCF margin 12.57% 11.52% 29.79% 47.16% 55% -3.73%
FCF Conversion (EBITDA) 126.6% 62.68% 422.61% - 13,611.12% -
FCF Conversion (Net income) - 103.8% - - 2,160.18% -
Dividend per Share - - - - - -
Announcement Date 12/30/18 1/9/20 2/17/21 1/23/22 1/15/23 12/24/23
1KWD in Million2KWD
Estimates

Balance Sheet Analysis

Fiscal Period: October 2018 2019 2020 2021 2022 2023
Net Debt 1 13.2 6.16 8.18 5.34 2.7 0.15
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 6.919 x 2.182 x 11.77 x -6.673 x 72.71 x 0.1363 x
Free Cash Flow 1 2.42 1.77 2.94 4.92 5.06 -0.3
ROE (net income / shareholders' equity) -1.92% 3.84% -1.04% -4.4% 0.57% 2.43%
ROA (Net income/ Total Assets) 1.41% 2.25% 0.46% -0.83% -0.07% 1.03%
Assets 1 -77.46 75.72 -99.02 224 -352.8 98.09
Book Value Per Share 2 0.1000 0.1000 0.1000 0.0900 0.0900 0.0900
Cash Flow per Share 2 0.0100 0.0100 0 0 0 0.0100
Capex 1 0.53 0.06 0 0.02 0.02 0.09
Capex / Sales 2.76% 0.36% 0.03% 0.16% 0.23% 1.13%
Announcement Date 12/30/18 1/9/20 2/17/21 1/23/22 1/15/23 12/24/23
1KWD in Million2KWD
Estimates
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