ABDULMOHSEN AL-HOKAIR GROUP FOR TOURISM AND DEVELOPMENT COMPANY

Financials Abdulmohsen Al-Hokair Group for Tourism and Development Company

Equities

8311

SA13IG50SE12

Hotels, Motels & Cruise Lines

Market Closed - Saudi Arabian S.E. Other stock markets 08:20:05 2024-07-11 am EDT			5-day change	1st Jan Change
16.2 ^SAR	+0.62%		+537.80%	+610.53%

Jul. 10	Saudi Enaya Cooperative Insurance Gets Regulatory Nod for Rehabilitation	MT
Jun. 12	Alhokair Group Opens New PlayoCity Branch in Saudi Arabia	MT

Valuation

Fiscal Period: December	2019	2022	2023	2024	2025	2026
Capitalization ¹	870.1	563.9	718.2	828.4	-	-
Enterprise Value (EV) ¹	3,169	563.9	2,189	2,342	2,341	828.4
P/E ratio	-6.08 x	-6.91 x	-8.14 x	-65.8 x	15.5 x	-
Yield	-	-	-	-	-	-
Capitalization / Revenue	0.78 x	-	0.97 x	1.05 x	0.9 x	0.81 x
EV / Revenue	2.85 x	-	2.95 x	2.97 x	2.54 x	0.81 x
EV / EBITDA	9.72 x	-	9.57 x	9.52 x	7.55 x	-
EV / FCF	12 x	-	35.4 x	-54.6 x	4,878 x	-
FCF Yield	8.34%	-	2.82%	-1.83%	0.02%	-
Price to Book	-	-	-	-	-	-
Nbr of stocks (in thousands)	166,224	315,000	315,000	315,000	-	-
Reference price ²	5.234	1.790	2.280	2.630	2.630	2.630
Announcement Date	3/26/20	4/10/23	3/28/24	-	-	-

¹SAR in Million²SAR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2022	2023	2024	2025	2026
Net sales ¹	1,110	-	741.9	790	922	1,029
EBITDA ¹	325.9	-	228.6	246	310	-
EBIT ¹	8.391	-	35.91	56.8	111	-
Operating Margin	0.76%	-	4.84%	7.19%	12.04%	-
Earnings before Tax (EBT)	-	-	-	-	-	-
Net income ¹	-143	-81.49	-89.55	-11.5	54.8	-
Net margin	-12.88%	-	-12.07%	-1.46%	5.94%	-
EPS ²	-0.8603	-0.2590	-0.2800	-0.0400	0.1700	-
Free Cash Flow ¹	264.2	-	61.83	-42.9	0.48	-
FCF margin	23.8%	-	8.33%	-5.43%	0.05%	-
FCF Conversion (EBITDA)	81.06%	-	27.04%	-	0.15%	-
FCF Conversion (Net income)	-	-	-	-	0.88%	-
Dividend per Share	-	-	-	-	-	-
Announcement Date	3/26/20	4/10/23	3/28/24	-	-	-

¹SAR in Million²SAR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2024 Q1
Net sales	-
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income	-
Net margin	-
EPS ¹	0.0100
Dividend per Share	-
Announcement Date	5/16/24

¹SAR

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2022	2023	2024	2025	2026
Net Debt ¹	2,299	-	1,471	1,514	1,513	-
Net Cash position ¹	-	-	-	-	-	-
Leverage (Debt/EBITDA)	7.054 x	-	6.433 x	6.154 x	4.881 x	-
Free Cash Flow ¹	264	-	61.8	-42.9	0.48	-
ROE (net income / shareholders' equity)	-28%	-	-36.3%	-	23%	33.6%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share	-	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	101	-	118	245	256	-
Capex / Sales	9.1%	-	15.95%	31.01%	27.77%	-
Announcement Date	3/26/20	4/10/23	3/28/24	-	-	-

¹SAR in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for Abdulmohsen Al-Hokair Group for Tourism and Development Company

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

2.63 SAR

Average target price

2.84 SAR

Spread / Average Target

+7.98%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Hotels, Motels & Cruise Lines

	1st Jan change	Capi.
ABDULMOHSEN AL-HOKAIR GROUP FOR TOURISM AND DEVELOPMENT COMPANY	+610.53%	221M
HILTON WORLDWIDE HOLDINGS INC.	+21.21%	55.19B
INTERCONTINENTAL HOTELS GROUP PLC	+17.29%	17.37B
HYATT HOTELS CORPORATION	+18.79%	15.68B
THE INDIAN HOTELS COMPANY LIMITED	+35.55%	10.12B
ACCOR	+14.19%	10.29B
MINOR INTERNATIONAL	+1.69%	4.71B
HILTON GRAND VACATIONS INC.	+4.98%	4.37B
TRAVEL + LEISURE CO.	+20.57%	3.36B
ASSET WORLD CORP	+8.43%	3.42B

Other Hotels, Motels & Cruise Lines