INDEPENDENT PETROLEUM GROUP K.S.C.P. Financials Independent Petroleum Group K.S.C.P.
Equities
IPG
KW0EQ0601090
Oil & Gas Refining and Marketing
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.48 KWD | 0.00% |
|
+2.13% | +14.29% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 72.5 | 87.14 | 85.87 | 106.3 | 92.2 | 75.93 |
| Enterprise Value (EV) 1 | 164.5 | 191.8 | 197.5 | 230.2 | 229.8 | 232.5 |
| P/E ratio | 11.8 x | 13.1 x | 12.5 x | 14.8 x | 12 x | 9.71 x |
| Yield | 7.48% | 6.22% | 6.32% | 5.1% | 5.88% | 7.14% |
| Capitalization / Revenue | 0.1 x | 0.13 x | 0.17 x | 0.11 x | 0.06 x | 0.07 x |
| EV / Revenue | 0.22 x | 0.29 x | 0.38 x | 0.23 x | 0.14 x | 0.22 x |
| EV / EBITDA | 19.6 x | 21.9 x | 15.3 x | 40.8 x | 14.1 x | 52.5 x |
| EV / FCF | -7.11 x | -20.8 x | 98.2 x | -24.3 x | 14.1 x | -7.92 x |
| FCF Yield | -14.1% | -4.81% | 1.02% | -4.12% | 7.11% | -12.6% |
| Price to Book | 0.76 x | 0.89 x | 0.86 x | 1.06 x | 0.92 x | 0.73 x |
| Nbr of stocks (in thousands) | 180,788 | 180,788 | 180,788 | 180,788 | 180,788 | 180,788 |
| Reference price 2 | 0.4010 | 0.4820 | 0.4750 | 0.5880 | 0.5100 | 0.4200 |
| Announcement Date | 2/4/19 | 3/10/20 | 1/14/21 | 1/17/22 | 1/11/23 | 1/15/24 |
1KWD in Million2KWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 755.5 | 658.5 | 515.8 | 1,001 | 1,646 | 1,068 |
| EBITDA 1 | 8.387 | 8.74 | 12.91 | 5.64 | 16.32 | 4.427 |
| EBIT 1 | 6.138 | 6.882 | 11.17 | 3.723 | 14.52 | 2.75 |
| Operating Margin | 0.81% | 1.05% | 2.17% | 0.37% | 0.88% | 0.26% |
| Earnings before Tax (EBT) 1 | 6.148 | 6.635 | 6.878 | 7.194 | 7.656 | 7.818 |
| Net income 1 | 6.148 | 6.635 | 6.878 | 7.194 | 7.656 | 7.818 |
| Net margin | 0.81% | 1.01% | 1.33% | 0.72% | 0.47% | 0.73% |
| EPS 2 | 0.0340 | 0.0367 | 0.0380 | 0.0398 | 0.0423 | 0.0432 |
| Free Cash Flow 1 | -23.13 | -9.229 | 2.012 | -9.472 | 16.34 | -29.36 |
| FCF margin | -3.06% | -1.4% | 0.39% | -0.95% | 0.99% | -2.75% |
| FCF Conversion (EBITDA) | - | - | 15.59% | - | 100.11% | - |
| FCF Conversion (Net income) | - | - | 29.25% | - | 213.48% | - |
| Dividend per Share 2 | 0.0300 | 0.0300 | 0.0300 | 0.0300 | 0.0300 | 0.0300 |
| Announcement Date | 2/4/19 | 3/10/20 | 1/14/21 | 1/17/22 | 1/11/23 | 1/15/24 |
1KWD in Million2KWD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 92 | 105 | 112 | 124 | 138 | 157 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 10.97 x | 11.98 x | 8.652 x | 21.96 x | 8.432 x | 35.36 x |
| Free Cash Flow 1 | -23.1 | -9.23 | 2.01 | -9.47 | 16.3 | -29.4 |
| ROE (net income / shareholders' equity) | 6.43% | 6.87% | 6.94% | 7.17% | 7.63% | 7.64% |
| ROA (Net income/ Total Assets) | 1.23% | 1.37% | 2.22% | 0.62% | 2.1% | 0.37% |
| Assets 1 | 501.1 | 485.2 | 310 | 1,167 | 364 | 2,121 |
| Book Value Per Share 2 | 0.5200 | 0.5400 | 0.5500 | 0.5600 | 0.5500 | 0.5800 |
| Cash Flow per Share 2 | 0.3700 | 0.1200 | 0.2400 | 0.3800 | 0.6000 | 0.4400 |
| Capex 1 | 0.03 | 0.56 | 2.95 | 2.31 | 0.34 | 0.1 |
| Capex / Sales | 0% | 0.08% | 0.57% | 0.23% | 0.02% | 0.01% |
| Announcement Date | 2/4/19 | 3/10/20 | 1/14/21 | 1/17/22 | 1/11/23 | 1/15/24 |
1KWD in Million2KWD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +14.29% | 282M | |
| -5.24% | 6B | |
| -4.49% | 4.42B | |
| +42.76% | 3.62B | |
| -0.57% | 3.6B | |
| +23.40% | 3.23B | |
| +10.17% | 2B | |
| +10.32% | 1.52B | |
| +2.81% | 1.42B | |
| -0.46% | 1.16B |
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- Financials Independent Petroleum Group K.S.C.P.