Company Valuation: Aramex

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,003 5,154 3,353 3,221 3,324 2,474 - -
Change - -14.15% -34.94% -3.93% 3.18% -25.55% - -
Enterprise Value (EV) 1 6,544 6,590 4,853 4,582 4,699 3,825 3,688 3,371
Change - 0.7% -26.36% -5.58% 2.55% -18.59% -3.58% -8.61%
P/E 27.3x 31.2x 26x 22.7x 162x 17.1x 28.2x 19.9x
PBR 2.25x 2.05x 1.36x 1.28x 1.3x 0.93x - -
PEG - -1.3x -1.2x 2.2x -1.9x 0x -0.7x 0.5x
Capitalization / Revenue 0.99x 0.87x 0.59x 0.51x 0.52x 0.35x 0.37x 0.36x
EV / Revenue 1.08x 1.11x 0.85x 0.72x 0.74x 0.54x 0.54x 0.48x
EV / EBITDA 9.67x 10.7x 7.71x 7.05x 7.65x 5.33x 6.02x 4.6x
EV / EBIT 21.3x 26.9x 18.2x 15.4x 19.8x 12.5x 12.6x 9.62x
EV / FCF 34.7x 13.5x 12.8x 9.34x 11.7x 22.1x 13.5x 8.2x
FCF Yield 2.88% 7.39% 7.83% 10.7% 8.55% 4.53% 7.43% 12.2%
Dividend per Share 2 0.13 0.13 - - - - - -
Rate of return 3.17% 3.69% - - - - - -
EPS 2 0.15 0.113 0.088 0.097 0.014 0.099 0.06 0.085
Distribution rate 86.7% 115% - - - - - -
Net sales 1 6,069 5,926 5,694 6,324 6,360 7,144 6,769 6,963
EBITDA 1 676.6 616 629.7 650.3 614 717.2 612.9 733.4
EBIT 1 306.7 245.3 266.7 296.7 237.7 305.6 293.5 350.2
Net income 1 225.4 165.4 129.3 141.8 20.58 132.5 8.4 45.8
Net Debt 1 541.3 1,436 1,500 1,361 1,375 1,351 1,214 896.7
Reference price 2 4.100 3.520 2.290 2.200 2.270 1.690 1.690 1.690
Nbr of stocks (in thousands) 1,464,100 1,464,100 1,464,100 1,464,100 1,464,100 1,464,100 - -
Announcement Date 2/10/22 2/9/23 2/8/24 2/11/25 2/10/26 - - -
1AED in Million2AED
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.27x0.54x5.37x-.--% 682M
15.79x1.12x8.17x6.85% 81.49B
16.05x0.98x7.17x3.53% 69.93B
14.29x0.86x7.65x2.01% 68.94B
12.45x9.19x28.5x5.48% 40.74B
28.34x1.18x10.14x0.62% 41.07B
25.1x1.18x12.62x3.03% 32.21B
24.97x1.87x17.84x0.8% 25.53B
14.18x0.41x4.05x2.94% 23.28B
10.33x1.49x5.5x4.09% 15.47B
Average 17.88x 1.88x 10.70x 2.93% 39.93B
Weighted average by Cap. 17.56x 1.90x 10.81x 3.61%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Aramex

Historical PBR trend

Valuation ratios - PBR - Aramex

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Aramex

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Aramex


Year-on-year evolution of the Yield

Valuation ratios - Yield - Aramex