SAHARA INTERNATIONAL PETROCHEMICAL COMPANY Financials Sahara International Petrochemical Company
Equities
2310
SA000A0KFKK0
Diversified Chemicals
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 28.85 SAR | -0.52% |
|
-1.20% | -15.27% |
| Jul. 02 | Sipchem Awards Engineering, Construction Contracts for Plant Expansion Project | MT |
| Jul. 02 | International Polymers Company Announces the Expansion of the Ethylene Vinyl Acetate Plant | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 13,171 | 12,658 | 30,541 | 24,687 | 24,760 | 20,920 | - | - |
| Enterprise Value (EV) 1 | 18,734 | 17,376 | 33,280 | 25,565 | 25,483 | 21,484 | 20,838 | 20,172 |
| P/E ratio | 34.5 x | 72.2 x | 8.5 x | 6.93 x | 21 x | 15.4 x | 10.2 x | 10.5 x |
| Yield | 6.9% | 2.89% | 5.36% | 9.57% | 5.87% | 6.06% | 7.14% | 6.66% |
| Capitalization / Revenue | 2.42 x | 2.38 x | 3.06 x | 2.41 x | 3.25 x | 2.84 x | 2.56 x | 2.54 x |
| EV / Revenue | 3.44 x | 3.26 x | 3.33 x | 2.49 x | 3.35 x | 2.92 x | 2.55 x | 2.45 x |
| EV / EBITDA | 10.6 x | 13.3 x | 6.08 x | 5.14 x | 10.9 x | 8.97 x | 6.77 x | 6.72 x |
| EV / FCF | 16.5 x | - | 7.36 x | 5.4 x | 15.8 x | 14.5 x | 9.35 x | 8.2 x |
| FCF Yield | 6.06% | - | 13.6% | 18.5% | 6.32% | 6.91% | 10.7% | 12.2% |
| Price to Book | 0.99 x | 0.92 x | 2.09 x | 1.56 x | 1.59 x | 1.35 x | 1.3 x | 1.25 x |
| Nbr of stocks (in thousands) | 733,333 | 730,832 | 727,162 | 727,162 | 727,162 | 725,133 | - | - |
| Reference price 2 | 17.96 | 17.32 | 42.00 | 33.95 | 34.05 | 28.85 | 28.85 | 28.85 |
| Announcement Date | 3/24/20 | 3/14/21 | 3/3/22 | 2/28/23 | 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 | 5,440 | 5,323 | 9,982 | 10,254 | 7,618 | 7,365 | 8,173 | 8,231 |
| EBITDA 1 | 1,775 | 1,302 | 5,477 | 4,970 | 2,333 | 2,395 | 3,077 | 3,001 |
| EBIT 1 | 965.9 | 359.6 | 4,464 | 4,047 | 1,419 | 1,475 | 2,115 | 2,020 |
| Operating Margin | 17.76% | 6.76% | 44.73% | 39.47% | 18.63% | 20.03% | 25.87% | 24.54% |
| Earnings before Tax (EBT) 1 | 444.8 | - | 4,042 | 4,184 | 1,364 | 1,594 | 2,255 | 2,438 |
| Net income 1 | 299.5 | 175.9 | 3,592 | 3,595 | 1,175 | 1,370 | 2,077 | 2,015 |
| Net margin | 5.51% | 3.3% | 35.98% | 35.06% | 15.42% | 18.6% | 25.41% | 24.47% |
| EPS 2 | 0.5200 | 0.2400 | 4.940 | 4.900 | 1.620 | 1.879 | 2.841 | 2.748 |
| Free Cash Flow 1 | 1,135 | - | 4,520 | 4,735 | 1,610 | 1,486 | 2,229 | 2,462 |
| FCF margin | 20.86% | - | 45.29% | 46.17% | 21.14% | 20.17% | 27.27% | 29.9% |
| FCF Conversion (EBITDA) | 63.91% | - | 82.53% | 95.26% | 69.02% | 62.02% | 72.45% | 82.03% |
| FCF Conversion (Net income) | 378.84% | - | 125.85% | 131.69% | 137.06% | 108.44% | 107.33% | 122.18% |
| Dividend per Share 2 | 1.238 | 0.5000 | 2.250 | 3.250 | 2.000 | 1.750 | 2.061 | 1.922 |
| Announcement Date | 3/24/20 | 3/14/21 | 3/3/22 | 2/28/23 | 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 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,083 | 2,409 | 3,193 | 2,939 | 1,712 | 2,087 | 1,702 | 1,789 | 2,040 | 1,925 | 1,681 | 1,884 | 1,891 |
| EBITDA 1 | - | 1,361 | 1,587 | - | - | 783.6 | 571.1 | 532.4 | 446.1 | 515.4 | 530.7 | 767.2 | 782.3 |
| EBIT 1 | 1,452 | 1,148 | 1,370 | 908.7 | 618.6 | 561 | 353.1 | 304.7 | 200 | 294.3 | 295.6 | 532 | 532 |
| Operating Margin | 47.09% | 47.65% | 42.89% | 30.92% | 36.13% | 26.88% | 20.75% | 17.03% | 9.81% | 15.29% | 17.58% | 28.25% | 28.14% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | 1,321 | 1,079 | 1,263 | 774.4 | 479 | 470.3 | 312.9 | 233.1 | 158.7 | 181.5 | 256.4 | 502.7 | 461.9 |
| Net margin | 42.85% | 44.77% | 39.56% | 26.35% | 27.97% | 22.53% | 18.39% | 13.03% | 7.78% | 9.43% | 15.25% | 26.69% | 24.43% |
| EPS 2 | 1.820 | 1.480 | 1.740 | 1.070 | 0.6100 | 0.6400 | 0.4300 | 0.3200 | 0.2300 | 0.2500 | 0.3535 | 0.6933 | 0.6370 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/3/22 | 4/21/22 | 8/1/22 | 10/23/22 | 2/28/23 | 5/3/23 | 7/27/23 | 10/24/23 | 3/3/24 | 4/28/24 | - | - | - |
1SAR in Million2SAR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 5,563 | 4,718 | 2,739 | 878 | 723 | 564 | - | - |
| Net Cash position 1 | - | - | - | - | - | - | 81.7 | 748 |
| Leverage (Debt/EBITDA) | 3.133 x | 3.624 x | 0.5 x | 0.1766 x | 0.3097 x | 0.2354 x | - | - |
| Free Cash Flow 1 | 1,135 | - | 4,520 | 4,735 | 1,610 | 1,486 | 2,229 | 2,462 |
| ROE (net income / shareholders' equity) | 3.11% | 1.34% | 26.1% | 23.7% | 7.49% | 8.81% | 11.2% | 11.6% |
| ROA (Net income/ Total Assets) | 1.52% | - | 14.9% | 15% | 5.16% | 6.45% | 8.03% | 8.63% |
| Assets 1 | 19,685 | - | 24,135 | 23,970 | 22,750 | 21,239 | 25,851 | 23,335 |
| Book Value Per Share 2 | 18.20 | 18.90 | 20.10 | 21.80 | 21.50 | 21.40 | 22.30 | 23.10 |
| Cash Flow per Share 2 | 3.100 | 2.200 | 6.740 | 7.250 | 3.190 | 3.170 | 4.040 | 3.660 |
| Capex 1 | 662 | 508 | 377 | 585 | 729 | 663 | 510 | 488 |
| Capex / Sales | 12.18% | 9.55% | 3.78% | 5.7% | 9.57% | 9% | 6.24% | 5.93% |
| Announcement Date | 3/24/20 | 3/14/21 | 3/3/22 | 2/28/23 | 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
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
28.85
SAR
Average target price
38.67
SAR
Spread / Average Target
+34.04%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -15.27% | 5.58B | |
| +8.91% | 80B | |
| -6.14% | 43.85B | |
| +2.94% | 33.11B | |
| +14.10% | 18.86B | |
| +6.74% | 11.27B | |
| -22.35% | 10.01B | |
| -9.75% | 9.57B | |
| -2.94% | 8.74B | |
| -3.44% | 8.49B |
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