Financials Arabian Pipes Company

Equities

2200

SA0007879378

Iron & Steel

Market Closed - Saudi Arabian S.E. 08:20:02 2024-06-27 EDT 5-day change 1st Jan Change
187.6 SAR +3.42% Intraday chart for Arabian Pipes Company +7.20% +47.02%

Valuation

Fiscal Period: December 2023 2024 2025 2026
Capitalization 1 1,276 1,876 - -
Enterprise Value (EV) 1 1,276 1,980 1,849 1,714
P/E ratio 9.66 x 12.8 x 11.9 x 11.1 x
Yield - - - -
Capitalization / Revenue - 1.6 x 1.49 x 1.41 x
EV / Revenue - 1.69 x 1.47 x 1.29 x
EV / EBITDA - 9.67 x 8.73 x 7.86 x
EV / FCF - 8.05 x 14.5 x 12.5 x
FCF Yield - 12.4% 6.91% 8.03%
Price to Book - 5.01 x 3.52 x 2.67 x
Nbr of stocks (in thousands) 10,000 10,000 - -
Reference price 2 127.6 187.6 187.6 187.6
Announcement Date 24-03-13 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2023 2024 2025 2026
Net sales 1 - 1,174 1,257 1,334
EBITDA 1 - 204.8 211.8 218
EBIT 1 - 169.1 181.1 192
Operating Margin - 14.4% 14.4% 14.4%
Earnings before Tax (EBT) 1 - 151 163 173.9
Net income 1 132.1 146.5 158.1 168.7
Net margin - 12.47% 12.57% 12.65%
EPS 2 13.21 14.65 15.81 16.87
Free Cash Flow 1 - 245.9 127.8 137.6
FCF margin - 20.94% 10.16% 10.32%
FCF Conversion (EBITDA) - 120.07% 60.34% 63.12%
FCF Conversion (Net income) - 167.85% 80.83% 81.56%
Dividend per Share - - - -
Announcement Date 24-03-13 - - -
1SAR in Million2SAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2023 2024 2025 2026
Net Debt 1 - 104 - -
Net Cash position 1 - - 26.9 162
Leverage (Debt/EBITDA) - 0.5054 x - -
Free Cash Flow 1 - 246 128 138
ROE (net income / shareholders' equity) - 48.2% 34.8% 27.3%
ROA (Net income/ Total Assets) - 15.3% 14.8% 14.3%
Assets 1 - 957.5 1,068 1,180
Book Value Per Share 2 - 37.50 53.30 70.10
Cash Flow per Share - - - -
Capex 1 - 31.7 33.9 36
Capex / Sales - 2.7% 2.7% 2.7%
Announcement Date 24-03-13 - - -
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
187.6 SAR
Average target price
208.3 SAR
Spread / Average Target
+11.03%
Consensus

Annual profits - Rate of surprise

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