Financials Al Eid Food Company K.S.C. (Public)

Equities

ALEID

KW0EQ0702591

Food Retail & Distribution

End-of-day quote Kuwait S.E. 18:00:00 2024-05-08 EDT 5-day change 1st Jan Change
0.187 KWD 0.00% Intraday chart for Al Eid Food Company K.S.C. (Public) +3.31% +4.47%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 6.63 7.936 10.01 39.06 41.3 33.32
Enterprise Value (EV) 1 11.88 13.38 15.45 44.21 47.55 48.71
P/E ratio 4.67 x 5.26 x 6.36 x 17.8 x 16.5 x 10.8 x
Yield - - 5.95% 2.96% 2.03% 5.59%
Capitalization / Revenue 0.39 x 0.44 x 0.57 x 1.7 x 1.46 x 0.94 x
EV / Revenue 0.69 x 0.74 x 0.88 x 1.92 x 1.68 x 1.38 x
EV / EBITDA 5.78 x 6.18 x 6.97 x 14.9 x 13.8 x 11.1 x
EV / FCF -39.4 x -17.4 x -26 x 1,553 x -55.6 x -2.25 x
FCF Yield -2.54% -5.76% -3.84% 0.06% -1.8% -44.5%
Price to Book 0.4 x 0.44 x 0.51 x 1.85 x 1.84 x 1.2 x
Nbr of stocks (in thousands) 186,173 186,173 186,172 186,172 186,173 186,173
Reference price 2 0.0356 0.0426 0.0537 0.2098 0.2218 0.1790
Announcement Date 19-03-24 20-03-25 21-03-07 22-03-06 23-03-06 24-03-28
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 17.16 17.99 17.63 23.03 28.38 35.31
EBITDA 1 2.055 2.165 2.218 2.96 3.449 4.405
EBIT 1 1.968 2.024 2.076 2.779 3.25 4.182
Operating Margin 11.47% 11.25% 11.78% 12.07% 11.45% 11.84%
Earnings before Tax (EBT) 1 1.436 1.526 1.59 2.273 2.631 3.448
Net income 1 1.421 1.51 1.573 2.2 2.51 3.203
Net margin 8.28% 8.39% 8.92% 9.55% 8.84% 9.07%
EPS 2 0.007632 0.008108 0.008450 0.0118 0.0135 0.0166
Free Cash Flow 1 -0.3014 -0.7711 -0.5935 0.0285 -0.8558 -21.68
FCF margin -1.76% -4.29% -3.37% 0.12% -3.02% -61.4%
FCF Conversion (EBITDA) - - - 0.96% - -
FCF Conversion (Net income) - - - 1.29% - -
Dividend per Share - - 0.003200 0.006200 0.004500 0.0100
Announcement Date 19-03-24 20-03-25 21-03-07 22-03-06 23-03-06 24-03-28
1KWD in Million2KWD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2023 Q1
Net sales 1 7,201 7.596
EBITDA - -
EBIT 1 826.6 0.9515
Operating Margin 11.48% 12.53%
Earnings before Tax (EBT) - -
Net income - -
Net margin - -
EPS - -
Dividend per Share - -
Announcement Date 22-11-10 23-05-10
1KWD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 5.25 5.45 5.45 5.16 6.25 15.4
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.556 x 2.516 x 2.456 x 1.742 x 1.813 x 3.492 x
Free Cash Flow 1 -0.3 -0.77 -0.59 0.03 -0.86 -21.7
ROE (net income / shareholders' equity) 9.04% 8.79% 8.41% 11.1% 11.8% 9.94%
ROA (Net income/ Total Assets) 5.59% 5.36% 5.06% 6.31% 6.76% 5.49%
Assets 1 25.4 28.18 31.07 34.88 37.15 58.3
Book Value Per Share 2 0.0900 0.1000 0.1000 0.1100 0.1200 0.1500
Cash Flow per Share 2 0 0 0 0.0100 0.0100 0
Capex 1 0.35 - - 0.34 0.02 0.03
Capex / Sales 2.07% - - 1.47% 0.06% 0.09%
Announcement Date 19-03-24 20-03-25 21-03-07 22-03-06 23-03-06 24-03-28
1KWD in Million2KWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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