Stock RAKPROP RAK PROPERTIES
Add to a list
To use this feature you must be a member
Log inSign up

Financials RAK Properties

Equities

RAKPROP

AER000601016

Real Estate Development & Operations

Market Closed - Abu Dhabi Securities Exchange
Other stock markets
 06:59:06 2024-04-26 EDT 		5-day change 1st Jan Change
1.22 AED +0.83% Intraday chart for RAK Properties +0.83% +8.44%
02-26 RAK Properties PJSC Proposes Distribution of Cash Dividends CI
02-13 RAK Properties PJSC Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 990 870 960 1,542 1,360 2,340
Enterprise Value (EV) 1 1,219 1,280 1,577 2,402 2,215 3,112
P/E ratio 6.58 x 8.64 x 8.46 x 7.65 x 44.2 x 11.6 x
Yield - 9.2% - - - 2.56%
Capitalization / Revenue 9.76 x 4.52 x 3.94 x 2.99 x 3.33 x 2.33 x
EV / Revenue 12 x 6.65 x 6.48 x 4.66 x 5.43 x 3.1 x
EV / EBITDA 55 x 22.7 x 15.3 x 10.9 x 23.5 x 11.7 x
EV / FCF 4.68 x -9.51 x -4.17 x 22.8 x -29.6 x -51.2 x
FCF Yield 21.4% -10.5% -24% 4.38% -3.38% -1.95%
Price to Book 0.26 x 0.22 x 0.25 x 0.38 x 0.33 x 0.54 x
Nbr of stocks (in thousands) 2,080,000 2,080,000 2,080,000 2,080,000 2,080,000 2,080,000
Reference price 2 0.4760 0.4183 0.4615 0.7413 0.6538 1.125
Announcement Date 19-02-17 20-02-15 21-02-21 22-02-14 23-02-12 24-02-13
1AED in Million2AED
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 101.4 192.4 243.5 515.6 408.2 1,005
EBITDA 1 22.18 56.42 103.1 220.7 94.21 267
EBIT 1 7.845 41.01 92.37 210.7 61.3 230.8
Operating Margin 7.74% 21.31% 37.94% 40.86% 15.02% 22.97%
Earnings before Tax (EBT) 1 150.5 100.7 113.5 201.5 30.79 201.8
Net income 1 150.5 100.7 113.5 201.5 30.79 201.8
Net margin 148.46% 52.33% 46.62% 39.07% 7.54% 20.08%
EPS 2 0.0724 0.0484 0.0546 0.0969 0.0148 0.0970
Free Cash Flow 1 260.5 -134.6 -378.6 105.2 -74.93 -60.79
FCF margin 256.94% -69.95% -155.5% 20.4% -18.35% -6.05%
FCF Conversion (EBITDA) 1,174.49% - - 47.66% - -
FCF Conversion (Net income) 173.07% - - 52.21% - -
Dividend per Share - 0.0385 - - - 0.0288
Announcement Date 19-02-17 20-02-15 21-02-21 22-02-14 23-02-12 24-02-13
1AED in Million2AED
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 229 410 617 860 855 772
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.33 x 7.274 x 5.989 x 3.896 x 9.076 x 2.892 x
Free Cash Flow 1 261 -135 -379 105 -74.9 -60.8
ROE (net income / shareholders' equity) 3.89% 2.61% 2.91% 5.03% 0.75% 4.79%
ROA (Net income/ Total Assets) 0.09% 0.47% 1.01% 2.19% 0.61% 2.26%
Assets 1 161,333 21,651 11,197 9,188 5,035 8,935
Book Value Per Share 2 1.830 1.880 1.880 1.970 1.980 2.070
Cash Flow per Share 2 0.1900 0.2200 0.2200 0.2300 0.2400 0.2200
Capex 1 130 141 180 266 238 228
Capex / Sales 127.76% 73.03% 74.01% 51.6% 58.42% 22.67%
Announcement Date 19-02-17 20-02-15 21-02-21 22-02-14 23-02-12 24-02-13
1AED in Million2AED
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
1.22 AED
Average target price
0.7212 AED
Spread / Average Target
-40.89%
Consensus

Annual profits - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

1st Jan change Capi.
RAK PROPERTIES Stock RAK Properties
+8.44% 691M
MITSUI FUDOSAN CO., LTD. Stock Mitsui Fudosan Co., Ltd.
+36.16% 27.94B
SUN HUNG KAI PROPERTIES LIMITED Stock Sun Hung Kai Properties Limited
-13.74% 26.97B
DLF LIMITED Stock DLF Limited
+25.00% 26.95B
CHINA RESOURCES LAND LIMITED Stock China Resources Land Limited
-0.71% 25.32B
MITSUBISHI ESTATE CO., LTD. Stock Mitsubishi Estate Co., Ltd.
+44.49% 22.58B
EMAAR PROPERTIES Stock Emaar Properties
+2.78% 19.59B
CHINA OVERSEAS LAND & INVESTMENT LTD. Stock China Overseas Land & Investment Ltd.
+1.45% 19.52B
SUMITOMO REALTY & DEVELOPMENT CO., LTD. Stock Sumitomo Realty & Development Co., Ltd.
+28.54% 16.23B
CK ASSET HOLDINGS LIMITED Stock CK Asset Holdings Limited
-14.80% 14.98B
Other Real Estate Development & Operations
  1. Stock Market
  2. Equities
  3. RAKPROP Stock
  4. Financials RAK Properties