Financials Kuwait Real Estate Company K.P.S.C.
Equities
KRE
KW0EQ0400618
Real Estate Development & Operations
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
0.219 KWD | -0.45% | +0.46% | +6.83% |
Valuation
Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Capitalization 1 | 49.07 | 90.9 | 95.71 | 164.5 | 99.98 | 187.7 |
Enterprise Value (EV) 1 | 144.6 | 242.8 | 265.5 | 320.3 | 283.6 | 381 |
P/E ratio | 7.19 x | 12.7 x | 26.6 x | 25.9 x | 13.6 x | 16.7 x |
Yield | - | - | - | 1.68% | 2.78% | 1.95% |
Capitalization / Revenue | 2.76 x | 3.64 x | 4.23 x | 7.43 x | 3.15 x | 6.17 x |
EV / Revenue | 8.14 x | 9.73 x | 11.7 x | 14.5 x | 8.93 x | 12.5 x |
EV / EBITDA | 16.9 x | 13.3 x | 15.9 x | 21.8 x | 14 x | 19.8 x |
EV / FCF | -8.84 x | 63.6 x | 109 x | 24.2 x | 13.9 x | -23.6 x |
FCF Yield | -11.3% | 1.57% | 0.92% | 4.14% | 7.22% | -4.24% |
Price to Book | 0.36 x | 0.71 x | 0.81 x | 1.27 x | 0.78 x | 1.29 x |
Nbr of stocks (in thousands) | 905,340 | 865,755 | 878,085 | 919,261 | 925,705 | 915,481 |
Reference price 2 | 0.0542 | 0.1050 | 0.1090 | 0.1790 | 0.1080 | 0.2050 |
Announcement Date | 4/3/19 | 4/13/20 | 3/24/21 | 3/9/22 | 3/14/23 | 3/31/24 |
Income Statement Evolution (Annual data)
Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Net sales 1 | 17.77 | 24.96 | 22.63 | 22.15 | 31.76 | 30.41 |
EBITDA 1 | 8.572 | 18.21 | 16.71 | 14.67 | 20.23 | 19.23 |
EBIT 1 | 8.22 | 18.16 | 16.57 | 14.62 | 20.2 | 19 |
Operating Margin | 46.27% | 72.74% | 73.23% | 66% | 63.59% | 62.48% |
Earnings before Tax (EBT) 1 | 6.825 | 7.319 | 3.969 | 7.248 | 7.647 | 12.44 |
Net income 1 | 6.747 | 7.046 | 3.568 | 6.251 | 7.268 | 11.29 |
Net margin | 37.98% | 28.23% | 15.76% | 28.22% | 22.88% | 37.11% |
EPS 2 | 0.007541 | 0.008264 | 0.004099 | 0.006920 | 0.007918 | 0.0123 |
Free Cash Flow 1 | -16.36 | 3.821 | 2.431 | 13.26 | 20.47 | -16.16 |
FCF margin | -92.05% | 15.31% | 10.74% | 59.84% | 64.45% | -53.12% |
FCF Conversion (EBITDA) | - | 20.98% | 14.55% | 90.38% | 101.19% | - |
FCF Conversion (Net income) | - | 54.23% | 68.15% | 212.05% | 281.64% | - |
Dividend per Share | - | - | - | 0.003000 | 0.003000 | 0.004000 |
Announcement Date | 4/3/19 | 4/13/20 | 3/24/21 | 3/9/22 | 3/14/23 | 3/31/24 |
Balance Sheet Analysis
Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Net Debt 1 | 95.5 | 152 | 170 | 156 | 184 | 193 |
Net Cash position 1 | - | - | - | - | - | - |
Leverage (Debt/EBITDA) | 11.14 x | 8.344 x | 10.16 x | 10.62 x | 9.075 x | 10.05 x |
Free Cash Flow 1 | -16.4 | 3.82 | 2.43 | 13.3 | 20.5 | -16.2 |
ROE (net income / shareholders' equity) | 5.08% | 5.48% | 3.1% | 5.62% | 5.7% | 8.46% |
ROA (Net income/ Total Assets) | 1.97% | 3.8% | 3.21% | 2.77% | 3.6% | 3.15% |
Assets 1 | 342 | 185.6 | 111.2 | 225.7 | 202 | 358.3 |
Book Value Per Share 2 | 0.1500 | 0.1500 | 0.1300 | 0.1400 | 0.1400 | 0.1600 |
Cash Flow per Share 2 | 0 | 0 | 0 | 0.0200 | 0.0100 | 0.0100 |
Capex | - | - | - | - | - | - |
Capex / Sales | - | - | - | - | - | - |
Announcement Date | 4/3/19 | 4/13/20 | 3/24/21 | 3/9/22 | 3/14/23 | 3/31/24 |
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
1st Jan change | Capi. | |
---|---|---|
+6.83% | 648M | |
+36.16% | 27.94B | |
-13.74% | 26.97B | |
+25.00% | 26.95B | |
-0.71% | 25.32B | |
+44.49% | 22.58B | |
+2.78% | 19.59B | |
+1.45% | 19.52B | |
+28.54% | 16.23B | |
-14.80% | 14.98B |
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