Financials Arabian Pipes Company

Equities

2200

SA0007879378

Iron & Steel

Delayed Saudi Arabian S.E. 06:04:30 2024-07-11 am EDT 5-day change 1st Jan Change
136 SAR +2.00% Intraday chart for Arabian Pipes Company -0.19% +59.88%

Valuation

Fiscal Period: December 2023 2024 2025 2026
Capitalization 1 1,276 2,000 - -
Enterprise Value (EV) 1 1,276 2,150 2,004 1,839
P/E ratio 9.66 x 12.9 x 11.4 x 10.2 x
Yield - - - -
Capitalization / Revenue - 1.69 x 1.54 x 1.41 x
EV / Revenue - 1.81 x 1.54 x 1.3 x
EV / EBITDA - 9.84 x 8.49 x 7.22 x
EV / FCF - 11.1 x 15.6 x 13 x
FCF Yield - 9.01% 6.42% 7.7%
Price to Book - 5.29 x 3.61 x 2.66 x
Nbr of stocks (in thousands) 15,000 15,000 - -
Reference price 2 85.07 133.3 133.3 133.3
Announcement Date 3/13/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2023 2024 2025 2026
Net sales 1 - 1,186 1,301 1,419
EBITDA 1 - 218.4 236.1 254.7
EBIT 1 - 177.8 194.9 212.7
Operating Margin - 14.99% 14.99% 14.99%
Earnings before Tax (EBT) 1 - 164.7 186.3 208.5
Net income 1 132.1 159.7 180.7 202.3
Net margin - 13.46% 13.89% 14.25%
EPS 2 8.807 10.37 11.73 13.13
Free Cash Flow 1 - 193.7 128.7 141.7
FCF margin - 16.33% 9.9% 9.98%
FCF Conversion (EBITDA) - 88.69% 54.51% 55.63%
FCF Conversion (Net income) - 121.29% 71.22% 70.04%
Dividend per Share - - - -
Announcement Date 3/13/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2024 Q2
Net sales 1 376
EBITDA -
EBIT 1 68
Operating Margin 18.09%
Earnings before Tax (EBT) -
Net income 1 60
Net margin 15.96%
EPS -
Dividend per Share -
Announcement Date -
1SAR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2023 2024 2025 2026
Net Debt 1 - 150 3.6 -
Net Cash position 1 - - - 161
Leverage (Debt/EBITDA) - 0.6864 x 0.0152 x -
Free Cash Flow 1 - 194 129 142
ROE (net income / shareholders' equity) - 51.4% 37.7% 30.2%
ROA (Net income/ Total Assets) - 16% 15.1% 14.4%
Assets 1 - 998.1 1,197 1,405
Book Value Per Share 2 - 25.20 36.90 50.10
Cash Flow per Share - - - -
Capex 1 - 32 35.1 38.3
Capex / Sales - 2.7% 2.7% 2.7%
Announcement Date 3/13/24 - - -
1SAR in Million2SAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
133.3 SAR
Average target price
161.3 SAR
Spread / Average Target
+21.00%
Consensus

Annual profits - Rate of surprise

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