QASSIM CEMENT COMPANY |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 55.5 SAR | -0.36% |
|
-2.29% | -12.87% |
| Jun. 13 | Qassim Cement Lists Consideration Shares for Hail Cement Co. Acquisition | MT |
| Jun. 13 | Securities Depository Center Initiates Securities Quantity Increase for Qassim Cement | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,949 | 7,290 | 6,813 | 5,499 | 5,733 | 6,136 | - | - |
| Enterprise Value (EV) 1 | 5,188 | 6,455 | 5,923 | 4,786 | 5,733 | 5,731 | 5,849 | 5,947 |
| P/E ratio | 16.5 x | 17.4 x | 23.1 x | 42.1 x | 40.3 x | 20.2 x | 19.1 x | 16.7 x |
| Yield | 5.22% | 5.49% | 4.62% | 3.6% | 4.08% | 4.45% | 5.09% | 5.48% |
| Capitalization / Revenue | 7.51 x | 8.11 x | 9.43 x | 8.11 x | 9.82 x | 8.07 x | 7.53 x | 7.06 x |
| EV / Revenue | 6.55 x | 7.18 x | 8.19 x | 7.05 x | 9.82 x | 7.54 x | 7.18 x | 6.84 x |
| EV / EBITDA | 11.5 x | 13 x | 17.8 x | 20.5 x | 31.9 x | 19 x | 18.1 x | 16.9 x |
| EV / FCF | 12 x | 13.2 x | 15 x | 443 x | - | 20.9 x | 28.1 x | 24.1 x |
| FCF Yield | 8.33% | 7.56% | 6.67% | 0.23% | - | 4.78% | 3.56% | 4.14% |
| Price to Book | 3.33 x | 4.03 x | 3.93 x | 3.3 x | - | 3.12 x | 3.14 x | 3.12 x |
| Nbr of stocks (in thousands) | 90,000 | 90,000 | 90,000 | 90,000 | 90,000 | 110,559 | - | - |
| Reference price 2 | 66.10 | 81.00 | 75.70 | 61.10 | 63.70 | 55.50 | 55.50 | 55.50 |
| Announcement Date | 2/5/20 | 2/4/21 | 2/9/22 | 2/23/23 | 3/3/24 | - | - | - |
1SAR in Million2SAR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 791.8 | 898.4 | 722.8 | 678.5 | 583.6 | 760.3 | 814.7 | 869 |
| EBITDA 1 | 452.4 | 497.1 | 332.8 | 233.5 | 179.6 | 302 | 323 | 351.3 |
| EBIT 1 | 380 | 422.3 | 259.8 | 161.2 | - | 224 | 263 | 316.5 |
| Operating Margin | 47.99% | 47% | 35.94% | 23.75% | - | 29.46% | 32.28% | 36.42% |
| Earnings before Tax (EBT) 1 | 385.3 | 449.5 | 325.4 | 155.1 | - | 275 | 299.5 | 330 |
| Net income 1 | 360.7 | 419.8 | 295.3 | 130.5 | 142 | 247 | 269.3 | 299.7 |
| Net margin | 45.56% | 46.73% | 40.85% | 19.24% | 24.33% | 32.49% | 33.06% | 34.48% |
| EPS 2 | 4.010 | 4.660 | 3.280 | 1.450 | 1.580 | 2.750 | 2.910 | 3.327 |
| Free Cash Flow 1 | 432.2 | 487.7 | 394.8 | 10.8 | - | 274 | 208 | 246.5 |
| FCF margin | 54.59% | 54.28% | 54.62% | 1.59% | - | 36.04% | 25.53% | 28.37% |
| FCF Conversion (EBITDA) | 95.55% | 98.11% | 118.63% | 4.62% | - | 90.73% | 64.4% | 70.16% |
| FCF Conversion (Net income) | 119.82% | 116.16% | 133.7% | 8.27% | - | 110.93% | 77.23% | 82.26% |
| Dividend per Share 2 | 3.450 | 4.450 | 3.500 | 2.200 | 2.600 | 2.470 | 2.827 | 3.040 |
| Announcement Date | 2/5/20 | 2/4/21 | 2/9/22 | 2/23/23 | 3/3/24 | - | - | - |
1SAR in Million2SAR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 131.3 | 142.5 | 152.1 | 166.8 | 217.1 | 174.1 | 137.2 | 120.8 | 151.5 | 196.4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 4.417 | 17.79 | 37.01 | 34.04 | 60.85 | 49.08 | - | 10.08 | 32.75 | 66.84 |
| Operating Margin | 3.36% | 12.49% | 24.33% | 20.41% | 28.03% | 28.19% | - | 8.34% | 21.62% | 34.03% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | 33.83 | 25.08 | - | - | - | 54.94 | 38.1 | 8.046 | 40.89 | 74.22 |
| Net margin | 25.76% | 17.6% | - | - | - | 31.56% | 27.77% | 6.66% | 27% | 37.79% |
| EPS 2 | 0.3800 | - | - | - | - | 0.6100 | 0.4200 | 0.0900 | 0.4600 | 0.8300 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/9/22 | 5/11/22 | 8/16/22 | 11/10/22 | 2/23/23 | 5/10/23 | 8/14/23 | 11/14/23 | 3/3/24 | 5/16/24 |
1SAR in Million2SAR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 761 | 835 | 890 | 713 | - | 405 | 287 | 189 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 432 | 488 | 395 | 10.8 | - | 274 | 208 | 247 |
| ROE (net income / shareholders' equity) | 21.1% | 23.4% | 16.7% | 7.68% | 8.75% | 15.5% | 16.7% | 18.3% |
| ROA (Net income/ Total Assets) | - | 20.1% | - | - | - | 13.6% | 12.2% | 12.2% |
| Assets 1 | - | 2,086 | - | - | - | 1,816 | 2,208 | 2,456 |
| Book Value Per Share 2 | 19.80 | 20.10 | 19.30 | 18.50 | - | 17.80 | 17.70 | 17.80 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 18.6 | 16.8 | 27.3 | 82.1 | - | 144 | 146 | 147 |
| Capex / Sales | 2.36% | 1.87% | 3.78% | 12.1% | - | 18.87% | 17.86% | 16.92% |
| Announcement Date | 2/5/20 | 2/4/21 | 2/9/22 | 2/23/23 | 3/3/24 | - | - | - |
1SAR in Million2SAR
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
D-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
55.5
SAR
Average target price
55.6
SAR
Spread / Average Target
+0.18%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -12.87% | 1.64B | |
| +22.69% | 50.58B | |
| +9.65% | 16.34B | |
| -15.31% | 13.74B | |
| -4.18% | 11.86B | |
| -2.01% | 7.92B | |
| +7.24% | 7.36B | |
| +105.28% | 7.26B | |
| +34.13% | 7.33B | |
| -18.71% | 6.47B |
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- Financials Qassim Cement Company
