Financials National Industries Company - KPSC

Equities

NICBM

KW0EQ0501266

Construction Materials

End-of-day quote Kuwait S.E. 06:00:00 2024-05-01 pm EDT 5-day change 1st Jan Change
0.188 KWD 0.00% Intraday chart for National Industries Company - KPSC -0.53% +19.75%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 71.86 59.09 55.97 69.28 69.69 56.4
Enterprise Value (EV) 1 62.25 48.91 46.49 55.93 53.58 33.28
P/E ratio 17.7 x 13.4 x -867 x 15 x 15.5 x 14.3 x
Yield 5% 6.06% - 5.18% 5.15% 6.37%
Capitalization / Revenue 1.36 x 1.22 x 1.55 x 1.61 x 1.45 x 1.13 x
EV / Revenue 1.18 x 1.01 x 1.28 x 1.3 x 1.11 x 0.67 x
EV / EBITDA 9.97 x 8.84 x 14 x 8.11 x 7.65 x 5.26 x
EV / FCF -24.8 x 14.6 x -16.2 x 10.1 x 9.15 x 3.3 x
FCF Yield -4.04% 6.85% -6.16% 9.94% 10.9% 30.3%
Price to Book 0.83 x 0.68 x 0.65 x 0.78 x 0.81 x 0.66 x
Nbr of stocks (in thousands) 359,296 358,114 358,793 358,977 359,248 359,230
Reference price 2 0.2000 0.1650 0.1560 0.1930 0.1940 0.1570
Announcement Date 3/4/19 3/17/20 4/27/21 3/16/22 3/7/23 2/22/24
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 52.92 48.27 36.19 43.05 48.13 49.98
EBITDA 1 6.244 5.535 3.31 6.898 7.002 6.332
EBIT 1 3.22 2.401 0.0255 4.082 4.14 3.203
Operating Margin 6.08% 4.97% 0.07% 9.48% 8.6% 6.41%
Earnings before Tax (EBT) 1 3.817 4.069 0.1731 5.677 4.565 3.951
Net income 1 3.969 4.293 -0.0633 4.514 4.383 3.847
Net margin 7.5% 8.89% -0.17% 10.49% 9.11% 7.7%
EPS 2 0.0113 0.0123 -0.000180 0.0129 0.0125 0.0109
Free Cash Flow 1 -2.513 3.352 -2.863 5.56 5.856 10.09
FCF margin -4.75% 6.94% -7.91% 12.92% 12.17% 20.19%
FCF Conversion (EBITDA) - 60.55% - 80.6% 83.63% 159.34%
FCF Conversion (Net income) - 78.08% - 123.17% 133.6% 262.29%
Dividend per Share 2 0.0100 0.0100 - 0.0100 0.0100 0.0100
Announcement Date 3/4/19 3/17/20 4/27/21 3/16/22 3/7/23 2/22/24
1KWD in Million2KWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 9.61 10.2 9.48 13.3 16.1 23.1
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -2.51 3.35 -2.86 5.56 5.86 10.1
ROE (net income / shareholders' equity) 4.21% 4.53% 0.19% 6.23% 5.01% 4.47%
ROA (Net income/ Total Assets) 1.78% 1.33% 0.01% 2.13% 2.18% 1.7%
Assets 1 222.6 323.7 -462.3 211.8 200.7 226
Book Value Per Share 2 0.2400 0.2400 0.2400 0.2500 0.2400 0.2400
Cash Flow per Share 2 0.0200 0.0200 0.0200 0.0200 0.0100 0.0100
Capex 1 5.52 3.57 1.8 1.55 2.12 2.03
Capex / Sales 10.43% 7.39% 4.98% 3.59% 4.4% 4.05%
Announcement Date 3/4/19 3/17/20 4/27/21 3/16/22 3/7/23 2/22/24
1KWD in Million2KWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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