Financials Saudi Research and Media Group

Equities

4210

SA000A0JK5M3

Consumer Publishing

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-27 pm EDT 5-day change 1st Jan Change
238 SAR +0.08% Intraday chart for Saudi Research and Media Group -1.98% +38.86%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 14,560 13,712 19,024 - -
Enterprise Value (EV) 1 14,560 13,712 19,024 19,024 19,024
P/E ratio 22.4 x 24.5 x 25 x 21.6 x 18.9 x
Yield - - - - -
Capitalization / Revenue - 3.66 x 4.22 x 3.76 x 3.37 x
EV / Revenue - 3.66 x 4.22 x 3.76 x 3.37 x
EV / EBITDA - - 16.5 x 15 x 13.6 x
EV / FCF - - 23.7 x 22.1 x 20.3 x
FCF Yield - - 4.22% 4.53% 4.93%
Price to Book - - 4.44 x 3.7 x 3.12 x
Nbr of stocks (in thousands) 80,000 80,000 80,000 - -
Reference price 2 182.0 171.4 238.0 238.0 238.0
Announcement Date 3/31/23 3/28/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 3,746 4,509 5,054 5,637
EBITDA 1 - - 1,155 1,272 1,399
EBIT 1 - 581.4 893 1,010 1,135
Operating Margin - 15.52% 19.8% 19.98% 20.13%
Earnings before Tax (EBT) 1 - 517.7 835 964 1,102
Net income 1 648.8 559.6 762 881 1,007
Net margin - 14.94% 16.9% 17.43% 17.86%
EPS 2 8.110 7.000 9.530 11.01 12.59
Free Cash Flow 1 - - 802 861 938
FCF margin - - 17.79% 17.04% 16.64%
FCF Conversion (EBITDA) - - 69.44% 67.69% 67.05%
FCF Conversion (Net income) - - 105.25% 97.73% 93.15%
Dividend per Share - - - - -
Announcement Date 3/31/23 3/28/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2024 Q1
Net sales 1 898
EBITDA 1 211
EBIT 1 142
Operating Margin 15.81%
Earnings before Tax (EBT) -
Net income -
Net margin -
EPS -
Dividend per Share -
Announcement Date -
1SAR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - -966 802 861 938
ROE (net income / shareholders' equity) - 19.5% 19.4% 18.7% 17.9%
ROA (Net income/ Total Assets) - 8.97% 11.1% 11.2% 11.3%
Assets 1 - 6,236 6,865 7,866 8,912
Book Value Per Share 2 - 38.50 53.70 64.30 76.40
Cash Flow per Share - - - - -
Capex 1 - 262 265 272 299
Capex / Sales - 7% 5.88% 5.38% 5.3%
Announcement Date 3/31/23 3/28/24 - - -
1SAR in Million2SAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
238 SAR
Average target price
193 SAR
Spread / Average Target
-18.91%
Consensus

Annual profits - Rate of surprise

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