Company Valuation: YAMAMA Cement Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 5,265 5,468 6,915 7,098 4,722 4,708 - -
Change - 3.85% 26.48% 2.64% -33.47% -0.3% - -
Enterprise Value (EV) 1 6,340 6,275 8,079 8,829 6,504 6,294 6,067 4,708
Change - -1.02% 28.75% 9.29% -26.34% -3.23% -3.61% -22.4%
P/E 32.5x 15.3x 22.8x 16.9x 9.8x 10.1x 9.94x 9.38x
PBR 1.23x 1.18x 1.46x 1.47x 0.95x 0.9x 0.86x 0.82x
PEG - 0x -1.5x 0.4x 0.7x -3x 5.72x 1.57x
Capitalization / Revenue 7.16x 5.35x 7.39x 6.05x 3.32x 3.08x 2.96x 2.88x
EV / Revenue 8.62x 6.14x 8.64x 7.53x 4.57x 4.11x 3.81x 2.88x
EV / EBITDA 36.8x 17x 18.4x 14.1x 10.6x 9.83x 8.47x 6.61x
EV / EBIT 38.7x 18.8x 30.7x 19.9x 15.5x 12.6x 12x 9.02x
EV / FCF 40.8x 25.3x -41.6x -21.7x 35.6x 13.8x 13.2x 10.2x
FCF Yield 2.45% 3.95% -2.41% -4.6% 2.81% 7.24% 7.57% 9.77%
Dividend per Share 2 - - 1 1 1 1.023 1.133 1.125
Rate of return - - 2.93% 2.85% 4.29% 4.4% 4.87% 4.84%
EPS 2 0.8 1.76 1.5 2.08 2.38 2.3 2.34 2.48
Distribution rate - - 66.7% 48.1% 42% 44.5% 48.4% 45.4%
Net sales 1 735.8 1,023 935.2 1,173 1,423 1,530 1,592 1,634
EBITDA 1 172.1 368.7 438.8 627.2 612.7 640 716.5 712
EBIT 1 163.8 333.1 263.6 443.6 418.7 501 504.7 522
Net income 1 160.6 355.8 304.3 420.7 482.9 466 473.7 499.5
Net Debt 1 1,075 807.6 1,164 1,732 1,782 1,586 1,359 -
Reference price 2 26.00 27.00 34.15 35.05 23.32 23.25 23.25 23.25
Nbr of stocks (in thousands) 202,500 202,500 202,500 202,500 202,500 202,500 - -
Announcement Date 2/20/22 2/2/23 2/19/24 2/19/25 2/16/26 - - -
1SAR in Million2SAR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.97x4.07x9.73x4.46% 1.24B
19.86x2.68x10.6x2.61% 48.95B
24.74x3.45x12.4x-.--% 15.32B
11.53x0.45x2.01x4.46% 13.74B
12.35x3.36x6.87x6.03% 12.71B
50.29x3.98x19.23x0.58% 10.22B
8.94x1.34x5.08x1.82% 8.65B
23.41x7.68x14.26x4.11% 7.85B
16.84x3.51x11.25x0.45% 6.59B
12.66x1.24x4.68x3.07% 5.52B
Average 19.06x 3.18x 9.61x 2.76% 13.08B
Weighted average by Cap. 20.15x 2.91x 9.85x 2.64%

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

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