AGTHIA GROUP |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.63 AED | +0.18% |
|
-3.76% | +21.14% |
| May. 20 | Transcript : Agthia Group PJSC, Q1 2024 Earnings Call, May 20, 2024 | |
| May. 16 | Agthia Group Logs Higher Q1 Attributable Profit, Revenue | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 2,160 | 2,550 | 4,077 | 3,150 | 3,863 | 4,679 | - | - |
| Enterprise Value (EV) 1 | 2,118 | 2,383 | 5,120 | 4,580 | 4,891 | 5,786 | 5,542 | 4,679 |
| P/E ratio | 15.8 x | 74.6 x | 18 x | 12.8 x | 14.8 x | 14.5 x | 12.8 x | 11.8 x |
| Yield | 4.17% | 3.88% | 3.2% | - | - | 3.04% | 3.44% | 3.96% |
| Capitalization / Revenue | 1.06 x | 1.24 x | 1.33 x | 0.77 x | 0.85 x | 0.95 x | 0.91 x | 0.79 x |
| EV / Revenue | 1.04 x | 1.16 x | 1.67 x | 1.13 x | 1.07 x | 1.18 x | 1.08 x | 0.79 x |
| EV / EBITDA | 9.09 x | 16.9 x | 11.3 x | 7.88 x | 6.97 x | 7.54 x | 6.85 x | 4.97 x |
| EV / FCF | 11.9 x | 11.5 x | 14.1 x | 25.5 x | 6.12 x | 17.7 x | 11.9 x | 10.9 x |
| FCF Yield | 8.39% | 8.68% | 7.1% | 3.92% | 16.4% | 5.66% | 8.37% | 9.14% |
| Price to Book | 1.1 x | 1.34 x | 1.48 x | 1.12 x | 1.33 x | 1.47 x | 1.29 x | 1.2 x |
| Nbr of stocks (in thousands) | 630,000 | 630,000 | 831,156 | 831,156 | 831,156 | 831,156 | - | - |
| Reference price 2 | 3.429 | 4.048 | 4.905 | 3.790 | 4.648 | 5.630 | 5.630 | 5.630 |
| Announcement Date | 2/9/20 | 2/2/21 | 2/10/22 | 3/7/23 | 3/5/24 | - | - | - |
1AED in Million2AED
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,039 | 2,061 | 3,068 | 4,067 | 4,561 | 4,905 | 5,131 | 5,954 |
| EBITDA 1 | 232.9 | 140.8 | 452.5 | 581.2 | 702.3 | 766.9 | 808.7 | 941.4 |
| EBIT 1 | 123.5 | 32.77 | 253.4 | 346.7 | 473.7 | 507.4 | 528.8 | 608 |
| Operating Margin | 6.06% | 1.59% | 8.26% | 8.52% | 10.38% | 10.34% | 10.31% | 10.21% |
| Earnings before Tax (EBT) 1 | 132.1 | 37 | 248.2 | 301.3 | 382.2 | 444.4 | 515.3 | 583.2 |
| Net income 1 | 137 | 34.47 | 216 | 246.8 | 261 | 314.4 | 347.3 | 393.1 |
| Net margin | 6.72% | 1.67% | 7.04% | 6.07% | 5.72% | 6.41% | 6.77% | 6.6% |
| EPS 2 | 0.2171 | 0.0543 | 0.2724 | 0.2971 | 0.3143 | 0.3879 | 0.4384 | 0.4762 |
| Free Cash Flow 1 | 177.7 | 206.9 | 363.6 | 179.4 | 799.9 | 327.8 | 463.9 | 427.5 |
| FCF margin | 8.71% | 10.04% | 11.85% | 4.41% | 17.54% | 6.68% | 9.04% | 7.18% |
| FCF Conversion (EBITDA) | 76.3% | 146.98% | 80.37% | 30.86% | 113.9% | 42.74% | 57.36% | 45.41% |
| FCF Conversion (Net income) | 129.7% | 600.24% | 168.32% | 72.68% | 306.46% | 104.25% | 133.56% | 108.75% |
| Dividend per Share 2 | 0.1429 | 0.1571 | 0.1571 | - | - | 0.1714 | 0.1936 | 0.2229 |
| Announcement Date | 2/9/20 | 2/2/21 | 2/10/22 | 3/7/23 | 3/5/24 | - | - | - |
1AED in Million2AED
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 954.1 | 1,053 | 942.5 | 953.5 | 1,118 | 1,182 | 1,019 | 2,201 | 1,070 | 1,290 | 1,449 |
| EBITDA 1 | - | - | - | - | 176.2 | 187.1 | 135.1 | 322.1 | 148.4 | 231.7 | 216.4 |
| EBIT 1 | 131.9 | 101.9 | 61.13 | 70.04 | 113.7 | 127.3 | 77.46 | - | 90.96 | 174.5 | 159.2 |
| Operating Margin | 13.83% | 9.67% | 6.49% | 7.35% | 10.17% | 10.76% | 7.6% | - | 8.5% | 13.53% | 10.98% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | 107.4 | 55.72 | - | 71.01 | 148.1 | 147.5 |
| Net income 1 | - | 82 | 35.91 | 40.46 | 88.23 | 86.83 | 38.36 | - | 52.75 | 83.06 | 115.9 |
| Net margin | - | 7.79% | 3.81% | 4.24% | 7.89% | 7.34% | 3.77% | - | 4.93% | 6.44% | 7.99% |
| EPS | - | - | - | - | 0.1067 | 0.1048 | 0.0457 | 0.1505 | 0.0638 | 0.1000 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/10/22 | 5/9/22 | 8/4/22 | 11/8/22 | 3/7/23 | 5/9/23 | 8/2/23 | 8/2/23 | 11/6/23 | 3/5/24 | 5/15/24 |
1AED in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 1,043 | 1,430 | 1,029 | 1,106 | 862 | - |
| Net Cash position 1 | 41.7 | 167 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | 2.305 x | 2.46 x | 1.465 x | 1.443 x | 1.066 x | - |
| Free Cash Flow 1 | 178 | 207 | 364 | 179 | 800 | 328 | 464 | 428 |
| ROE (net income / shareholders' equity) | 7.06% | 1.79% | 9.28% | 8.86% | 9.12% | 10% | 10.5% | 10.6% |
| ROA (Net income/ Total Assets) | 4.5% | 1.1% | 4.53% | 3.76% | 3.88% | 4.5% | 4.8% | 5.2% |
| Assets 1 | 3,042 | 3,131 | 4,765 | 6,567 | 6,725 | 6,987 | 7,235 | 7,560 |
| Book Value Per Share 2 | 3.110 | 3.010 | 3.320 | 3.380 | 3.500 | 3.840 | 4.350 | 4.680 |
| Cash Flow per Share 2 | 0.4500 | 0.4400 | 0.6300 | 0.3800 | 1.160 | 0.7500 | 0.8100 | - |
| Capex 1 | 106 | 71.1 | 134 | 137 | 165 | 199 | 230 | 247 |
| Capex / Sales | 5.22% | 3.45% | 4.37% | 3.36% | 3.62% | 4.06% | 4.48% | 4.15% |
| Announcement Date | 2/9/20 | 2/2/21 | 2/10/22 | 3/7/23 | 3/5/24 | - | - | - |
1AED in Million2AED
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
5.63
AED
Average target price
6.152
AED
Spread / Average Target
+9.26%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +21.14% | 1.27B | |
| -2.00% | 277B | |
| -5.38% | 91.92B | |
| -4.35% | 42.95B | |
| +0.75% | 41.25B | |
| +6.11% | 40.01B | |
| +5.54% | 38.81B | |
| -13.54% | 30.87B | |
| -11.43% | 27.21B | |
| +7.73% | 24.19B |
- Stock Market
- Equities
- AGTHIA Stock
- Financials Agthia Group
