Company Valuation: Almarai Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 48,750 53,500 55,800 57,200 43,260 44,940 - -
Change - 9.74% 4.3% 2.51% -24.37% 3.88% - -
Enterprise Value (EV) 1 57,953 63,021 65,687 67,340 55,776 58,164 58,173 56,847
Change - 8.75% 4.23% 2.52% -17.17% 4.28% 0.02% -2.28%
P/E 30.7x 30.4x 27.2x 24.8x 17.4x 17.7x 16.1x 14.3x
PBR 3.02x 3.21x 3.14x 3.04x 2.11x 2.09x 1.95x 1.83x
PEG - 2.8x 1.7x 2x 2.36x 8.11x 1.5x 1.2x
Capitalization / Revenue 3.08x 2.86x 2.85x 2.73x 1.96x 1.89x 1.78x 1.68x
EV / Revenue 3.66x 3.37x 3.36x 3.21x 2.53x 2.44x 2.3x 2.13x
EV / EBITDA 15.3x 14.8x 14.5x 13.8x 9.96x 11.3x 10.5x 9.52x
EV / EBIT 27.4x 25.7x 23.5x 21.3x 18x 18.1x 16.5x 15x
EV / FCF 15.1x 24.9x 33.2x 56.4x -111x 63.5x 30.8x 19.6x
FCF Yield 6.6% 4.01% 3.01% 1.77% -0.9% 1.58% 3.25% 5.09%
Dividend per Share 2 1 1 1 1 1.15 1.164 1.205 1.298
Rate of return 2.05% 1.87% 1.79% 1.75% 2.66% 2.59% 2.68% 2.89%
EPS 2 1.59 1.76 2.05 2.31 2.48 2.534 2.798 3.137
Distribution rate 62.9% 56.8% 48.8% 43.3% 46.4% 45.9% 43.1% 41.4%
Net sales 1 15,850 18,722 19,576 20,980 22,065 23,810 25,298 26,733
EBITDA 1 3,787 4,256 4,541 4,890 5,600 5,166 5,561 5,972
EBIT 1 2,112 2,456 2,792 3,162 3,096 3,219 3,516 3,799
Net income 1 1,564 1,760 2,049 2,313 2,456 2,522 2,786 3,098
Net Debt 1 9,203 9,521 9,887 10,140 12,516 13,224 13,233 11,907
Reference price 2 48.75 53.50 55.80 57.20 43.26 44.94 44.94 44.94
Nbr of stocks (in thousands) 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 10,00,000 - -
Announcement Date 23/01/22 23/01/23 21/01/24 20/01/25 18/01/26 - - -
1SAR in Million2SAR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.96x2.47x11.37x2.56% 1.21TCr
20.08x2.75x13.73x4.12% 24TCr
19.37x2.45x14.58x3.38% 7.77TCr
16.1x1.69x9.56x3.89% 4.47TCr
15.77x0.56x10.06x2.49% 4.11TCr
20.56x3.13x12.71x3.4% 3.41TCr
33.6x2.92x16.98x1.1% 2.98TCr
-8.61x1.87x9.3x6.57% 2.9TCr
62.68x9.62x39.88x1.22% 2.72TCr
Average 21.94x 3.05x 15.35x 3.19% 5.93TCr
Weighted average by Cap. 20.66x 2.78x 14.38x 3.6%

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

  1. Stock Market
  2. Stocks
  3. 2280 Stock
  4. Valuation Almarai Company
-40%: Exceptional extension
d
:
:
SEIZE THE OFFER!