Company Valuation: Taiba Investment Company

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 4,846 5,103 3,989 6,967 10,705 8,361
Change - 5.3% -21.82% 74.66% 53.64% -21.9%
Enterprise Value (EV) 1 4,726 4,707 4,164 8,616 12,396 10,422
Change - -0.42% -11.53% 106.92% 43.87% -15.92%
P/E 49.1x -43.5x 28.6x 41.1x 32.1x 22.9x
PBR 1.33x 1.42x 1.1x 1.06x 1.56x 1.22x
PEG - 0x -0x -1.6x 0.3x 2.46x
Capitalization / Revenue 21.9x 39x 12.1x 13x 8.14x 6.13x
EV / Revenue 21.4x 35.9x 12.6x 16.1x 9.42x 7.64x
EV / EBITDA 47.4x -72.8x 25.5x 26.8x 22.5x 21.3x
EV / EBIT 64.4x -52.5x 30.9x 31.1x 30.4x 30.8x
EV / FCF -133x -42x -8.57x 38.1x 2,052x -30.5x
FCF Yield -0.75% -2.38% -11.7% 2.62% 0.05% -3.28%
Dividend per Share 2 0.5209 - - 0.3386 - -
Rate of return 3.31% - - 2.43% - -
EPS 2 0.3207 -0.3808 0.4531 0.3389 0.6674 0.7296
Distribution rate 162% - - 99.9% - -
Net sales 1 221 130.9 330.3 536.4 1,315 1,364
EBITDA 1 99.68 -64.64 163.1 321.7 551.5 490.1
EBIT 1 73.43 -89.67 134.6 277.2 407.2 338.6
Net income 1 98.77 -117.3 139.6 109.8 333.7 364.8
Net Debt 1 -119.6 -396 175.1 1,649 1,691 2,062
Reference price 2 15.73 16.57 12.95 13.93 21.41 16.72
Nbr of stocks (in thousands) 308,030 308,030 308,030 500,000 500,000 500,000
Announcement Date 3/4/21 3/9/22 3/7/23 4/1/24 3/27/25 3/10/26
1SAR in Million2SAR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 2.36B
15.1x4.82x12.97x3.35% 42.99B
8.61x1.49x7.8x4.13% 29.74B
18.41x4.03x16.47x1.34% 28.08B
6.23x0.33x0.69x8.99% 26.76B
13.66x3.05x14.7x2.59% 24.75B
8.84x2.28x7x3.95% 20.82B
8.03x0.89x3.24x2.78% 20.55B
13.7x6.59x17.66x1.55% 19.8B
10.08x1.64x14.18x3.74% 18.37B
Average 11.41x 2.79x 10.52x 3.6% 23.42B
Weighted average by Cap. 11.78x 2.91x 10.60x 3.66%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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