Financials Jadwa Investment - Jadwa Reit Saudi Fund

Equities

4342

SA14GG523R59

Specialized REITs

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
12.18 SAR -3.33% Intraday chart for Jadwa Investment - Jadwa Reit Saudi Fund -5.43% -9.10%

Valuation

Fiscal Period: December 2018 2019 2020 2021
Capitalization 1 1,375 1,770 2,212 2,794
Enterprise Value (EV) 1 1,354 1,868 2,753 3,335
P/E ratio 18.7 x 23.1 x 14.4 x 100 x
Yield - - - 5.27%
Capitalization / Revenue 10.7 x 13.2 x 10.2 x 18.5 x
EV / Revenue 10.6 x 14 x 12.7 x 22 x
EV / EBITDA 12 x 16.2 x 13.9 x 25.7 x
EV / FCF - 18,580,526 x 19,226,558 x 55,298,780 x
FCF Yield - 0% 0% 0%
Price to Book 0.87 x 1.15 x 1.4 x 1.51 x
Nbr of stocks (in thousands) 158,000 158,000 158,000 186,510
Reference price 2 8.700 11.20 14.00 14.98
Announcement Date 3/10/19 4/20/20 3/31/21 4/3/22
1SAR in Million2
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021
Net sales 1 128.2 133.7 217.1 151.3
EBITDA 1 112.7 115.4 198.3 129.8
EBIT 1 73.62 78.55 159.7 90.33
Operating Margin 57.41% 58.74% 73.57% 59.71%
Earnings before Tax (EBT) 1 73.62 76.65 154.1 27.85
Net income 1 73.62 76.65 154.1 27.85
Net margin 57.41% 57.31% 70.99% 18.41%
EPS 2 0.4660 0.4851 0.9753 0.1493
Free Cash Flow - 100.5 143.2 60.31
FCF margin - 75.17% 65.95% 39.86%
FCF Conversion (EBITDA) - 87.1% 72.18% 46.47%
FCF Conversion (Net income) - 131.16% 92.91% 216.56%
Dividend per Share - - - 0.7900
Announcement Date 3/10/19 4/20/20 3/31/21 4/3/22
1SAR in Million2SAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021
Net Debt 1 - 98.4 541 541
Net Cash position 1 20.5 - - -
Leverage (Debt/EBITDA) - 0.8522 x 2.725 x 4.169 x
Free Cash Flow - 101 143 60.3
ROE (net income / shareholders' equity) - 4.93% 9.9% 1.62%
ROA (Net income/ Total Assets) - 3.01% 5.2% 2.44%
Assets 1 - 2,547 2,966 1,141
Book Value Per Share 2 9.970 9.730 9.980 9.920
Cash Flow per Share 2 0.1300 0.1900 0.1200 0.3300
Capex - - - -
Capex / Sales - - - -
Announcement Date 3/10/19 4/20/20 3/31/21 4/3/22
1SAR in Million2SAR
Estimates
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