Company Valuation: National Gas and Industrialization Company

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 2,288 4,065 3,885 5,100 7,695 7,110
Change - 77.7% -4.43% 31.27% 50.88% -7.6%
Enterprise Value (EV) 1 1,911 3,819 3,640 4,909 7,539 6,940
Change - 99.82% -4.69% 34.89% 53.56% -7.95%
P/E 16.7x 20.1x 18.1x 22.4x 30.9x 28.5x
PBR 1.46x 2.46x 2.24x 2.76x 4.04x 3.61x
PEG - 0.4x 2.96x 3.62x 3.28x 185.45x
Capitalization / Revenue 1.17x 2.14x 1.87x 2.07x 2.68x 2.18x
EV / Revenue 0.97x 2.01x 1.75x 2x 2.63x 2.12x
EV / EBITDA 15.3x 24.4x 17.7x 22.1x 30x 27.7x
EV / EBIT 48x 52.9x 33.7x 38.4x 51.8x 36.8x
EV / FCF 50.5x -74.7x 33.3x 4,501x -81.6x -193x
FCF Yield 1.98% -1.34% 3% 0.02% -1.23% -0.52%
Dividend per Share 2 0.5 1.5 1.85 2 2.2 2.3
Rate of return 1.64% 2.77% 3.57% 2.94% 2.14% 2.43%
EPS 2 1.825 2.69 2.854 3.031 3.317 3.322
Distribution rate 27.4% 55.8% 64.8% 66% 66.3% 69.2%
Net sales 1 1,963 1,901 2,080 2,458 2,869 3,269
EBITDA 1 124.8 156.4 205.9 222.2 251.2 250.5
EBIT 1 39.85 72.25 108 127.7 145.5 188.8
Net income 1 136.9 201.7 214.1 227.3 248.7 249.1
Net Debt 1 -376.4 -246.3 -245.3 -190.5 -156.1 -170.1
Reference price 2 30.50 54.20 51.80 68.00 102.60 94.80
Nbr of stocks (in thousands) 75,000 75,000 75,000 75,000 75,000 75,000
Announcement Date 4/7/21 3/31/22 3/29/23 3/19/24 3/9/25 3/1/26
1SAR in Million2SAR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.16B
13.62x2.02x7.31x6.15% 30.85B
18.68x7.25x13.9x2.55% 26.71B
20.92x3.34x14.49x4.96% 16.78B
14.48x1.31x9.25x2.29% 13.64B
15.8x1.06x7.36x1.98% 12.71B
11.27x0.89x8.9x4% 11.44B
44.26x8.42x11.82x5.57% 9.8B
Average 19.86x 3.47x 10.43x 3.93% 15.39B
Weighted average by Cap. 18.30x 3.58x 10.48x 4.08%

Y-o-Y evolution of P/E

Valuation ratios - P/E - National Gas and Industrialization Company

Historical PBR trend

Valuation ratios - PBR - National Gas and Industrialization Company

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - National Gas and Industrialization Company

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - National Gas and Industrialization Company

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