Financials Jarir Marketing Company

Equities

4190

SA000A0BLA62

Other Specialty Retailers

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-03 pm EDT 5-day change 1st Jan Change
14.9 SAR +1.92% Intraday chart for Jarir Marketing Company 0.00% -4.36%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 19,872 20,808 23,616 18,000 18,696 17,880 - -
Enterprise Value (EV) 1 20,185 21,506 23,826 18,195 19,360 18,284 18,168 18,088
P/E ratio 20.2 x 20.7 x 23.8 x 18.6 x 19.2 x 17.5 x 16.1 x 15.1 x
Yield 4.83% 4.53% 4.01% 5.13% 5.33% 5.6% 5.81% 6.16%
Capitalization / Revenue 2.36 x 2.24 x 2.6 x 1.92 x 1.76 x 1.61 x 1.51 x 1.44 x
EV / Revenue 2.4 x 2.31 x 2.62 x 1.94 x 1.83 x 1.65 x 1.54 x 1.46 x
EV / EBITDA 16.6 x 17.1 x 19.6 x 15.3 x 15.8 x 14.8 x 13.5 x 12.4 x
EV / FCF 22.7 x 16.5 x 17.7 x 19.3 x 30.2 x 16.8 x 16.1 x 13.7 x
FCF Yield 4.4% 6.05% 5.65% 5.18% 3.31% 5.94% 6.21% 7.28%
Price to Book 12.1 x 12.1 x 13.3 x 9.99 x 10.6 x 13.7 x 9.4 x 9.09 x
Nbr of stocks (in thousands) 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 1,200,000 - -
Reference price 2 16.56 17.34 19.68 15.00 15.58 14.90 14.90 14.90
Announcement Date 3/12/20 3/17/21 1/30/22 3/15/23 1/30/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 8,425 9,306 9,088 9,392 10,595 11,106 11,809 12,420
EBITDA 1 1,216 1,258 1,217 1,186 1,228 1,239 1,341 1,454
EBIT 1 1,071 1,101 1,061 1,018 1,045 1,073 1,162 1,258
Operating Margin 12.71% 11.83% 11.68% 10.84% 9.86% 9.66% 9.84% 10.13%
Earnings before Tax (EBT) 1 1,010 1,052 1,019 977.8 1,002 993.9 1,151 1,380
Net income 1 984.7 1,003 991.9 969.8 973 1,004 1,110 1,188
Net margin 11.69% 10.78% 10.91% 10.33% 9.18% 9.04% 9.4% 9.56%
EPS 2 0.8210 0.8360 0.8270 0.8080 0.8100 0.8532 0.9251 0.9900
Free Cash Flow 1 888.7 1,301 1,347 942 641.5 1,087 1,129 1,318
FCF margin 10.55% 13.98% 14.82% 10.03% 6.06% 9.79% 9.56% 10.61%
FCF Conversion (EBITDA) 73.08% 103.43% 110.71% 79.46% 52.24% 87.71% 84.2% 90.58%
FCF Conversion (Net income) 90.25% 129.7% 135.78% 97.14% 65.93% 108.31% 101.68% 110.95%
Dividend per Share 2 0.8000 0.7850 0.7900 0.7700 0.8300 0.8344 0.8651 0.9172
Announcement Date 3/12/20 3/17/21 1/30/22 3/15/23 1/30/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 2,224 2,318 2,287 2,010 2,517 2,577 2,718 2,436 2,639 2,802 2,755 2,443 2,646 2,810
EBITDA - - - 231.3 - - - - - - - - - -
EBIT 1 292.6 277.7 267.9 191.8 291.3 267.5 264.5 174.8 316.1 289.7 230.6 144.3 283.4 425.4
Operating Margin 13.15% 11.98% 11.71% 9.54% 11.57% 10.38% 9.73% 7.18% 11.98% 10.34% 8.37% 5.91% 10.71% 15.14%
Earnings before Tax (EBT) 282 - - - - - - - - - - - - -
Net income 1 272.5 262.5 251.3 177.2 273.7 267.6 247.8 155.8 296.3 273.1 258 - - -
Net margin 12.25% 11.32% 10.99% 8.82% 10.87% 10.38% 9.12% 6.4% 11.23% 9.75% 9.36% - - -
EPS 0.2270 0.2190 - - 0.2280 0.2230 - - - 0.2300 - - - -
Dividend per Share 0.1400 - - - - - - - - - - - - -
Announcement Date 11/4/21 1/30/22 5/9/22 7/17/22 10/13/22 3/15/23 5/8/23 8/3/23 11/2/23 1/30/24 - - - -
1SAR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 313 698 210 195 664 404 288 208
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.2572 x 0.5546 x 0.1725 x 0.1642 x 0.5409 x 0.3263 x 0.2146 x 0.143 x
Free Cash Flow 1 889 1,301 1,347 942 642 1,087 1,129 1,318
ROE (net income / shareholders' equity) 58.9% 59.5% 56.8% 54.3% 54.5% 61.3% 61.9% 61.7%
ROA (Net income/ Total Assets) 27.3% 25.1% 24.5% 23.2% 23.3% 24.4% 26.3% 28.6%
Assets 1 3,608 4,000 4,056 4,185 4,184 4,107 4,225 4,152
Book Value Per Share 2 1.370 1.440 1.480 1.500 1.480 1.090 1.590 1.640
Cash Flow per Share 2 0.8100 1.160 1.190 0.8300 0.5700 0.9400 1.040 -
Capex 1 105 95.9 80.9 56.6 47.3 98.1 110 111
Capex / Sales 1.25% 1.03% 0.89% 0.6% 0.45% 0.88% 0.93% 0.9%
Announcement Date 3/12/20 3/17/21 1/30/22 3/15/23 1/30/24 - - -
1SAR in Million2SAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
14.9 SAR
Average target price
16.99 SAR
Spread / Average Target
+14.03%
Consensus
  1. Stock Market
  2. Equities
  3. 4190 Stock
  4. Financials Jarir Marketing Company