Company Valuation: Dana Gas

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,415 6,436 5,540 4,932 6,016 5,876 - -
Change - -13.21% -13.91% -10.98% 21.99% -2.33% - -
Enterprise Value (EV) 1 7,467 6,674 5,985 4,704 5,983 6,091 5,709 5,035
Change - -10.61% -10.33% -21.4% 27.19% 1.81% -6.28% -11.8%
P/E 6.41x 9.63x 9.37x 9.14x 12.3x 6.97x 6.48x 5.3x
PBR 0.24x 0.77x 0.64x 0.53x 0.64x 0.61x 0.58x 0.57x
PEG - -0.2x -0.8x -1.05x -1.29x 0.1x 0.85x 0.2x
Capitalization / Revenue 4.47x 4.65x 4.8x 4x 4.71x 3.62x 3.2x 3.08x
EV / Revenue 4.5x 4.82x 5.19x 3.81x 4.68x 3.75x 3.11x 2.64x
EV / EBITDA 7.56x 5.9x 6.52x 4.78x 7.37x 6.48x 4.52x 3.45x
EV / EBIT 7.85x 7.67x 9.1x 6.25x 9.93x 8.64x 5.64x 4.2x
EV / FCF 10.4x 13.6x 37x 6.5x 21.4x 15.1x 7.68x 5.14x
FCF Yield 9.64% 7.37% 2.7% 15.4% 4.67% 6.63% 13% 19.4%
Dividend per Share 2 0.08 0.09 - - 0.055 0.07 0.08 0.095
Rate of return 7.55% 9.78% - - 6.4% 8.33% 9.52% 11.3%
EPS 2 0.1653 0.0955 0.0845 0.0771 0.0698 0.1205 0.1297 0.1585
Distribution rate 48.4% 94.2% - - 78.8% 58.1% 61.7% 59.9%
Net sales 1 1,660 1,385 1,153 1,234 1,278 1,622 1,838 1,905
EBITDA 1 988 1,131 918.2 984.4 811.8 940.3 1,262 1,461
EBIT 1 951.3 870.5 657.4 753 602.4 705.2 1,012 1,198
Net income 1 1,157 668.5 587.7 554.6 477.5 628.1 906.1 942.5
Net Debt 1 51.42 238.7 444.4 -227.7 -33.05 215.2 -167.5 -841
Reference price 2 1.0600 0.9200 0.7920 0.7050 0.8600 0.8400 0.8400 0.8400
Nbr of stocks (in thousands) 6,995,373 6,995,373 6,995,373 6,995,373 6,995,373 6,995,373 - -
Announcement Date 2/9/22 2/8/23 2/8/24 2/7/25 2/6/26 - - -
1AED in Million2AED
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
6.97x3.75x6.48x8.33% 1.6B
13.1x3.39x6.35x5.44% 1,646B
13.52x1.87x6.11x3.4% 411B
7.99x0.58x3.79x6.52% 281B
8.48x0.96x4.24x3.29% 272B
8.26x1.07x4.38x4.5% 202B
6x1.61x2.57x7.61% 148B
4.1x1.62x3.07x7.35% 128B
8.3x0.89x2.19x3.54% 106B
8.68x0.81x4.04x4.69% 80.05B
Average 8.54x 1.66x 4.32x 5.47% 327.54B
Weighted average by Cap. 11.09x 2.32x 5.32x 5.13%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

-40%: Exceptional extension
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