Financials Jarir Marketing Company

Equities

Market Closed - Saudi Arabian S.E. Other stock markets 07:20:00 2024-12-09 am EST			5-day change	1st Jan Change
12.94 ^SAR	-0.77%		+0.47%	-16.94%

Nov. 29	Goldman Sachs Lifts Jarir Marketing's PT, Affirms Buy Rating	MT
Nov. 13	AlphaMena Trims Jarir Marketing's PT, Affirms Add Rating	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	8,425	9,306	9,088	9,392	10,595	10,939	11,405	11,968
Change	-	10.46%	-2.34%	3.34%	12.81%	3.24%	4.27%	4.93%
EBITDA ¹	1,216	1,258	1,217	1,186	1,228	1,170	1,262	1,359
Change	-	3.43%	-3.28%	-2.55%	3.59%	-4.75%	7.87%	7.74%
EBIT ¹	1,071	1,101	1,061	1,018	1,045	1,031	1,083	1,160
Change	-	2.79%	-3.59%	-4.04%	2.61%	-1.37%	5.11%	7.07%
Interest Paid ¹	-61.18	-48.48	-42.33	-40.75	-47.26	-46.6	-44.64	-45
Earnings before Tax (EBT) ¹	1,010	1,052	1,019	977.8	1,002	989.6	1,035	1,126
Change	-	4.22%	-3.17%	-4.04%	2.5%	-1.26%	4.56%	8.85%
Net income ¹	984.7	1,003	991.9	969.8	973	966.3	1,011	1,102
Change	-	1.86%	-1.11%	-2.23%	0.33%	-0.69%	4.65%	9.02%
Announcement Date	3/12/20	3/17/21	1/30/22	3/15/23	1/30/24	-	-	-

¹SAR in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	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	2,394	2,340	2,374	2,038	2,554	2,530	2,015	2,224	2,318	2,287	2,010	2,517	2,577	2,718	2,436	2,639	2,802	2,650	2,650	2,667	2,962
Change	-	-2.25%	1.44%	-14.16%	25.32%	-0.92%	-20.36%	10.38%	4.21%	-1.35%	-12.11%	25.22%	2.4%	5.44%	-10.37%	8.35%	6.19%	-5.45%	0.01%	0.63%	11.07%
EBITDA	336	-	-	-	-	-	-	-	-	-	231.3	-	-	-	-	-	-	-	-	-	-
Change	-	-100%	-	-	-	-	-	-	-	-	-	-100%	-	-	-	-	-	-	-	-	-
EBIT ¹	297.2	272.3	227	274.9	326.7	285.5	205.6	292.6	277.7	267.9	191.8	291.3	267.5	264.5	174.8	316.1	289.7	237.5	189	331.9	254.1
Change	-	-8.39%	-16.62%	21.11%	18.82%	-12.59%	-28%	42.3%	-5.07%	-3.54%	-28.41%	51.89%	-8.17%	-1.12%	-33.91%	80.82%	-8.34%	-18.03%	-20.42%	75.61%	-23.45%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	282	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-	-
Net income	276.9	251.7	208.4	255.2	287.7	267.6	189.2	272.5	262.5	251.3	177.2	273.7	267.6	247.8	155.8	296.3	273.1	219.3	171.1	308.2	-
Change	-	-9.12%	-17.2%	22.48%	12.71%	-6.97%	-29.31%	44.03%	-3.66%	-4.27%	-29.49%	54.46%	-2.23%	-7.4%	-37.14%	90.23%	-7.82%	-19.71%	-21.98%	80.13%	-100%
Announcement Date	3/12/20	6/11/20	8/11/20	11/4/20	3/17/21	5/6/21	7/13/21	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	4/18/24	7/11/24	11/7/24	-

¹SAR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	313	698	210	195	664	520	398	324
Change	-	123%	-69.91%	-7.14%	240.51%	-21.72%	-23.46%	-18.59%
Announcement Date	3/12/20	3/17/21	1/30/22	3/15/23	1/30/24	-	-	-

¹SAR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	104.9	95.9	80.88	56.57	47.27	98.21	99.54	105.8
Change	-	-8.58%	-15.66%	-30.06%	-16.44%	107.78%	1.35%	6.34%
Free Cash Flow (FCF) ¹	888.7	1,301	1,347	942	641.5	1,070	1,106	1,156
Change	-	46.38%	3.53%	-30.05%	-31.9%	66.71%	3.46%	4.5%
Announcement Date	3/12/20	3/17/21	1/30/22	3/15/23	1/30/24	-	-	-

¹SAR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	14.43%	13.52%	13.39%	12.62%	11.59%	10.69%	11.06%	11.36%
EBIT Margin (%)	12.71%	11.83%	11.68%	10.84%	9.86%	9.42%	9.5%	9.69%
EBT Margin (%)	11.99%	11.31%	11.21%	10.41%	9.46%	9.05%	9.07%	9.41%
Net margin (%)	11.69%	10.78%	10.91%	10.33%	9.18%	8.83%	8.87%	9.21%
FCF margin (%)	10.55%	13.98%	14.82%	10.03%	6.06%	9.78%	9.7%	9.66%
FCF / Net Income (%)	90.25%	129.7%	135.78%	97.14%	65.93%	110.68%	109.42%	104.89%
Profitability
ROA	27.29%	25.07%	24.46%	23.17%	23.26%	22.67%	23.59%	24.73%
ROE	58.89%	59.52%	56.77%	54.32%	54.46%	54.19%	56.68%	58.35%
Financial Health
Leverage (Debt/EBITDA)	0.26x	0.55x	0.17x	0.16x	0.54x	0.44x	0.32x	0.24x
Debt / Free cash flow	0.35x	0.54x	0.16x	0.21x	1.04x	0.49x	0.36x	0.28x
Capital Intensity
CAPEX / Current Assets (%)	1.25%	1.03%	0.89%	0.6%	0.45%	0.9%	0.87%	0.88%
CAPEX / EBITDA (%)	8.63%	7.62%	6.65%	4.77%	3.85%	8.4%	7.89%	7.79%
CAPEX / FCF (%)	11.8%	7.37%	6.01%	6%	7.37%	9.18%	9%	9.15%
Items per share
Cash flow per share ¹	0.8107	1.164	1.19	0.8322	0.574	1.177	1.267	1.375
Change	-	43.58%	2.27%	-30.09%	-31.02%	104.98%	7.7%	8.51%
Dividend per Share ¹	0.8	0.785	0.79	0.77	0.83	0.7753	0.8051	0.8628
Change	-	-1.88%	0.64%	-2.53%	7.79%	-6.59%	3.85%	7.16%
Book Value Per Share ¹	1.371	1.438	1.475	1.501	1.476	1.443	1.483	1.516
Change	-	4.87%	2.6%	1.78%	-1.66%	-2.24%	2.73%	2.27%
EPS ¹	0.821	0.836	0.827	0.808	0.81	0.8014	0.8556	0.9286
Change	-	1.83%	-1.08%	-2.3%	0.25%	-1.06%	6.76%	8.53%
Nbr of stocks (in thousands)	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000	1,200,000
Announcement Date	3/12/20	3/17/21	1/30/22	3/15/23	1/30/24	-	-	-