Company Valuation: National Gypsum Company

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 885.1 1,425 703.6 742.3 688.4 479.8
Change - 61% -50.62% 5.49% -7.25% -30.31%
Enterprise Value (EV) 1 792.7 1,344 660.5 697.7 690.4 514.4
Change - 69.52% -50.84% 5.63% -1.05% -25.48%
P/E 23.8x 68.6x -162x 145x -54.2x -15.6x
PBR 1.87x 3x 1.63x 2.05x 1.98x 1.54x
PEG - -1.6x 1x -1x 0x -0x
Capitalization / Revenue 8.27x 16.7x 12.9x 14.3x 10.9x 7.92x
EV / Revenue 7.4x 15.7x 12.1x 13.4x 10.9x 8.49x
EV / EBITDA 16.3x 43.4x 116x 185x 168x -99.6x
EV / EBIT 19.3x 60.8x -115x -114x -111x -33.9x
EV / FCF 21x 180x -230x -39.2x -29.4x -14.7x
FCF Yield 4.75% 0.55% -0.44% -2.55% -3.4% -6.82%
Dividend per Share 2 0.6 0.1 - - - -
Rate of return 2.15% 0.22% - - - -
EPS 2 1.175 0.6556 -0.1369 0.1619 -0.4008 -0.9727
Distribution rate 51.1% 15.3% - - - -
Net sales 1 107.1 85.56 54.74 51.89 63.32 60.58
EBITDA 1 48.71 30.93 5.68 3.776 4.103 -5.165
EBIT 1 41.05 22.12 -5.741 -6.12 -6.22 -15.18
Net income 1 37.21 20.76 -4.336 5.128 -12.69 -30.8
Net Debt 1 -92.42 -81.29 -43.13 -44.6 1.932 34.68
Reference price 2 27.950 45.000 22.220 23.440 21.740 15.150
Nbr of stocks (in thousands) 31,667 31,667 31,667 31,667 31,667 31,667
Announcement Date 4/5/21 4/10/22 4/9/23 4/17/24 4/30/25 4/9/26
1SAR in Million2SAR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 77.12M
15.03x1.76x8.63x1.84% 56.48B
19.06x2.51x9.93x2.82% 44.79B
34.68x6.09x18.42x0.68% 36.02B
34.01x3.36x17.88x1.14% 34.24B
30.15x4.62x15.67x0.8% 33.91B
11.69x1.4x6.56x2.63% 29.03B
16.09x2.02x8.18x1.36% 21.55B
66.76x4.14x64.15x0.35% 20.68B
16.43x5.18x10.66x2.58% 19.57B
Average 27.10x 3.45x 17.78x 1.58% 29.63B
Weighted average by Cap. 25.40x 3.29x 15.66x 1.64%

Y-o-Y evolution of P/E

Valuation ratios - P/E - National Gypsum Company

Historical PBR trend

Valuation ratios - PBR - National Gypsum Company

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - National Gypsum Company

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - National Gypsum Company

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