Financials Gulf Investment House - KPSC

Equities

GIH

KW0EQ0200760

Investment Management & Fund Operators

End-of-day quote Kuwait S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
0.378 KWD -0.26% Intraday chart for Gulf Investment House - KPSC +1.07% +14.55%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2.923 26.18 33.82 121.9 160.6 133.1
Enterprise Value (EV) 1 -4.123 11.43 21.14 90.74 135.7 114.4
P/E ratio 0.23 x 119 x -163 x 20.3 x 202 x 53.6 x
Yield - - - - - -
Capitalization / Revenue -3.67 x 19.4 x 9.32 x 10.3 x 17.8 x 12.4 x
EV / Revenue 5.18 x 8.48 x 5.82 x 7.7 x 15.1 x 10.7 x
EV / EBITDA 3.19 x 310 x 125 x 14.3 x 435 x 46.1 x
EV / FCF 6.57 x -24.4 x -7.77 x 19.3 x -145 x -79.1 x
FCF Yield 15.2% -4.1% -12.9% 5.18% -0.69% -1.26%
Price to Book 0.53 x 0.72 x 0.94 x 2.89 x 3.75 x 2.99 x
Nbr of stocks (in thousands) 60,958 406,496 406,496 406,496 406,496 403,294
Reference price 2 0.0479 0.0644 0.0832 0.3000 0.3950 0.3300
Announcement Date 3/27/19 4/12/20 5/19/21 3/28/23 3/28/23 3/20/24
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 -0.7966 1.348 3.629 11.79 9.002 10.74
EBITDA 1 -1.291 0.0368 0.1695 6.343 0.3122 2.481
EBIT 1 -1.292 0.0169 0.0443 6.215 0.087 1.996
Operating Margin 162.19% 1.25% 1.22% 52.74% 0.97% 18.59%
Earnings before Tax (EBT) 1 13.06 0.2287 0.1979 6.184 1.311 2.927
Net income 1 13.07 0.2198 -0.2077 6.003 0.7947 2.498
Net margin -1,640.4% 16.3% -5.72% 50.94% 8.83% 23.26%
EPS 2 0.2111 0.000540 -0.000510 0.0148 0.001954 0.006160
Free Cash Flow 1 -0.6281 -0.468 -2.722 4.704 -0.9333 -1.446
FCF margin 78.84% -34.71% -75% 39.91% -10.37% -13.46%
FCF Conversion (EBITDA) - - - 74.16% - -
FCF Conversion (Net income) - - - 78.35% - -
Dividend per Share - - - - - -
Announcement Date 3/27/19 4/12/20 5/19/21 3/28/23 3/28/23 3/20/24
1KWD in Million2KWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 7.05 14.8 12.7 31.2 24.9 18.7
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -0.63 -0.47 -2.72 4.7 -0.93 -1.45
ROE (net income / shareholders' equity) 58.2% 0.56% 0.43% 13% 2.58% 5.73%
ROA (Net income/ Total Assets) -1.96% 0.03% 0.06% 7.93% 0.1% 2.26%
Assets 1 -668 865.2 -341.6 75.74 774.5 110.3
Book Value Per Share 2 0.0900 0.0900 0.0900 0.1000 0.1100 0.1100
Cash Flow per Share 2 0.0200 0.0300 0.0300 0.0500 0.0200 0.0200
Capex - 0.02 0.1 0.09 0.99 2.07
Capex / Sales - 1.79% 2.77% 0.77% 11% 19.26%
Announcement Date 3/27/19 4/12/20 5/19/21 3/28/23 3/28/23 3/20/24
1KWD in Million2KWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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