Financials National Petroleum Services Company K.S.C.P.

Equities

NAPESCO

KW0EQ0601272

Oil Related Services and Equipment

End-of-day quote Kuwait S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
0.8 KWD 0.00% Intraday chart for National Petroleum Services Company K.S.C.P. 0.00% -0.37%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 89.32 113.5 101.8 79.54 76.53 77.89
Enterprise Value (EV) 1 69.61 94.12 86.1 61.23 56.79 60.06
P/E ratio 7.57 x 9.98 x 16.2 x 16.5 x 11.2 x 9.06 x
Yield 7.61% 5.98% 6.1% 4.27% 6.34% 7.47%
Capitalization / Revenue 2.67 x 3.23 x 3.8 x 2.85 x 2.06 x 1.97 x
EV / Revenue 2.08 x 2.68 x 3.22 x 2.2 x 1.53 x 1.52 x
EV / EBITDA 5.11 x 7.1 x 11.2 x 9.27 x 6.36 x 5.91 x
EV / FCF 8.54 x 39.9 x 231 x 8.96 x 27.2 x 6.11 x
FCF Yield 11.7% 2.51% 0.43% 11.2% 3.68% 16.4%
Price to Book 2.47 x 2.78 x 2.53 x 2.05 x 1.81 x 1.74 x
Nbr of stocks (in thousands) 97,084 97,000 97,000 97,000 97,000 97,000
Reference price 2 0.9200 1.170 1.049 0.8200 0.7890 0.8030
Announcement Date 2/13/19 3/4/20 3/24/21 3/30/22 3/19/23 3/28/24
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 33.5 35.16 26.76 27.87 37.18 39.52
EBITDA 1 13.62 13.25 7.675 6.603 8.931 10.16
EBIT 1 11.65 11.22 5.55 4.507 6.748 7.625
Operating Margin 34.77% 31.91% 20.74% 16.17% 18.15% 19.29%
Earnings before Tax (EBT) 1 11.92 11.5 6.341 4.892 6.904 8.681
Net income 1 11.79 11.37 6.269 4.834 6.824 8.596
Net margin 35.2% 32.35% 23.43% 17.35% 18.35% 21.75%
EPS 2 0.1216 0.1172 0.0646 0.0498 0.0704 0.0887
Free Cash Flow 1 8.148 2.36 0.3722 6.833 2.091 9.829
FCF margin 24.32% 6.71% 1.39% 24.52% 5.62% 24.87%
FCF Conversion (EBITDA) 59.81% 17.81% 4.85% 103.49% 23.41% 96.73%
FCF Conversion (Net income) 69.09% 20.75% 5.94% 141.35% 30.64% 114.35%
Dividend per Share 2 0.0700 0.0700 0.0640 0.0350 0.0500 0.0600
Announcement Date 2/13/19 3/4/20 3/24/21 3/30/22 3/19/23 3/28/24
1KWD in Million2KWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 19.7 19.4 15.7 18.3 19.7 17.8
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 8.15 2.36 0.37 6.83 2.09 9.83
ROE (net income / shareholders' equity) 35.5% 29.6% 15.5% 12.2% 16.8% 17.5%
ROA (Net income/ Total Assets) 17.6% 15.1% 7.19% 5.88% 8.38% 7.7%
Assets 1 67.13 75.15 87.25 82.19 81.39 111.7
Book Value Per Share 2 0.3700 0.4200 0.4100 0.4000 0.4400 0.4600
Cash Flow per Share 2 0.0600 0.0300 0.0200 0.0200 0.0200 0.0300
Capex 1 2.62 1.06 1.15 1.29 5.22 3.77
Capex / Sales 7.82% 3.01% 4.31% 4.64% 14.03% 9.55%
Announcement Date 2/13/19 3/4/20 3/24/21 3/30/22 3/19/23 3/28/24
1KWD in Million2KWD
Estimates
  1. Stock Market
  2. Equities
  3. NAPESCO Stock
  4. Financials National Petroleum Services Company K.S.C.P.