Financials Pioneers Properties for Urban Development

Equities

PRDC

EGS21FW1C015

Construction & Engineering

End-of-day quote Egyptian Exchange 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
2.63 EGP +1.54% Intraday chart for Pioneers Properties for Urban Development -14.05% +16.89%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,827 2,394 2,373
Enterprise Value (EV) 1 8,275 9,642 10,515
P/E ratio 2.62 x 15.5 x 5.73 x
Yield - - -
Capitalization / Revenue 0.59 x 0.37 x 0.41 x
EV / Revenue 1.72 x 1.49 x 1.82 x
EV / EBITDA 16.4 x 14.1 x 9.95 x
EV / FCF - -1,644,299 x -1,721,210 x
FCF Yield - -0% -0%
Price to Book 0.53 x 0.48 x 0.46 x
Nbr of stocks (in thousands) 1,054,805 1,054,805 1,054,805
Reference price 2 2.680 2.270 2.250
Announcement Date 3/29/22 3/5/23 3/4/24
1EGP in Million2EGP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023
Net sales 1 4,806 6,453 5,783
EBITDA 1 504.7 682 1,057
EBIT 1 481.5 644.9 1,012
Operating Margin 10.02% 9.99% 17.49%
Earnings before Tax (EBT) 1 982.6 251.2 666.6
Net income 1 1,077 154.4 414
Net margin 22.41% 2.39% 7.16%
EPS 2 1.021 0.1464 0.3925
Free Cash Flow - -5,864 -6,109
FCF margin - -90.87% -105.64%
FCF Conversion (EBITDA) - - -
FCF Conversion (Net income) - - -
Dividend per Share - - -
Announcement Date 3/29/22 3/5/23 3/4/24
1EGP in Million2EGP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023
Net Debt 1 5,448 7,247 8,142
Net Cash position 1 - - -
Leverage (Debt/EBITDA) 10.79 x 10.63 x 7.704 x
Free Cash Flow - -5,864 -6,109
ROE (net income / shareholders' equity) - 1.61% 5.48%
ROA (Net income/ Total Assets) - 1.37% 1.65%
Assets 1 - 11,270 25,095
Book Value Per Share 2 5.020 4.740 4.910
Cash Flow per Share 2 0.6500 1.160 1.370
Capex 1 33.2 41.1 71.1
Capex / Sales 0.69% 0.64% 1.23%
Announcement Date 3/29/22 3/5/23 3/4/24
1EGP in Million2EGP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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