EMAAR THE ECONOMIC CITY |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 7.75 SAR | +0.65% |
|
-2.39% | -2.52% |
| Apr. 14 | Emaar The Economic City Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Apr. 03 | Emaar The Economic City Names New CEO | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 6,724 | 8,118 | 7,828 | 13,532 | 9,452 | 9,010 |
| Enterprise Value (EV) 1 | 14,130 | 16,307 | 16,219 | 18,956 | 15,692 | 15,819 |
| P/E ratio | -49.8 x | -16 x | -6.27 x | -16.4 x | -8.17 x | -35.6 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 6.67 x | 8.23 x | 14.3 x | 36.4 x | 26 x | 8.74 x |
| EV / Revenue | 14 x | 16.5 x | 29.6 x | 50.9 x | 43.2 x | 15.3 x |
| EV / EBITDA | 162 x | 388 x | -29.4 x | -48.7 x | -31.9 x | 45.3 x |
| EV / FCF | -20.1 x | -55.3 x | 40.8 x | 67.1 x | 72.6 x | -31 x |
| FCF Yield | -4.98% | -1.81% | 2.45% | 1.49% | 1.38% | -3.22% |
| Price to Book | 0.85 x | 1.1 x | 1.34 x | 1.72 x | 1.42 x | 1.41 x |
| Nbr of stocks (in thousands) | 850,000 | 850,000 | 850,000 | 1,133,333 | 1,133,333 | 1,133,333 |
| Reference price 2 | 7.910 | 9.550 | 9.210 | 11.94 | 8.340 | 7.950 |
| Announcement Date | 3/31/19 | 3/25/20 | 3/31/21 | 4/3/22 | 4/9/23 | 4/14/24 |
1SAR in Million2SAR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,008 | 986.9 | 547.3 | 372.1 | 363.3 | 1,031 |
| EBITDA 1 | 87.12 | 42.01 | -550.9 | -389 | -491.8 | 349.5 |
| EBIT 1 | -205.9 | -277.7 | -865 | -674.8 | -759.9 | 104.8 |
| Operating Margin | -20.42% | -28.14% | -158.05% | -181.36% | -209.19% | 10.16% |
| Earnings before Tax (EBT) 1 | -71.59 | -463.8 | -1,193 | -796.4 | -1,058 | -208.2 |
| Net income 1 | -135.1 | -508.8 | -1,248 | -827.4 | -1,157 | -253.2 |
| Net margin | -13.4% | -51.56% | -228.1% | -222.38% | -318.58% | -24.55% |
| EPS 2 | -0.1589 | -0.5986 | -1.469 | -0.7301 | -1.021 | -0.2234 |
| Free Cash Flow 1 | -703.6 | -295 | 397.2 | 282.4 | 216.2 | -509.6 |
| FCF margin | -69.79% | -29.9% | 72.57% | 75.91% | 59.51% | -49.41% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/31/19 | 3/25/20 | 3/31/21 | 4/3/22 | 4/9/23 | 4/14/24 |
1SAR in Million2SAR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 7,406 | 8,189 | 8,390 | 5,424 | 6,240 | 6,809 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 85.02 x | 194.9 x | -15.23 x | -13.94 x | -12.69 x | 19.48 x |
| Free Cash Flow 1 | -704 | -295 | 397 | 282 | 216 | -510 |
| ROE (net income / shareholders' equity) | -1.73% | -6.68% | -19.3% | -12.1% | -16% | -3.88% |
| ROA (Net income/ Total Assets) | -0.74% | -0.99% | -3.21% | -2.65% | -3.01% | 0.43% |
| Assets 1 | 18,223 | 51,167 | 38,854 | 31,281 | 38,479 | -58,670 |
| Book Value Per Share 2 | 9.270 | 8.650 | 6.870 | 6.950 | 5.870 | 5.650 |
| Cash Flow per Share 2 | 0.7100 | 0.4800 | 0.2100 | 0.3100 | 0.0700 | 0.1600 |
| Capex 1 | 393 | 379 | 144 | 7.29 | 1.47 | 53.8 |
| Capex / Sales | 38.93% | 38.39% | 26.31% | 1.96% | 0.41% | 5.21% |
| Announcement Date | 3/31/19 | 3/25/20 | 3/31/21 | 4/3/22 | 4/9/23 | 4/14/24 |
1SAR in Million2SAR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -2.52% | 2.33B | |
| +36.16% | 27.94B | |
| -13.91% | 26.97B | |
| +21.99% | 26.95B | |
| +2.14% | 25.32B | |
| +44.49% | 22.58B | |
| +2.78% | 19.59B | |
| +5.52% | 19.52B | |
| +28.54% | 16.23B | |
| -14.54% | 14.98B |
- Stock Market
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- 4220 Stock
- Financials Emaar The Economic City
