Financials Arab Palestinian Investment Company

Equities

APIC

PS4010112960

Food Processing

End-of-day quote Palestine Exchange 03:30:00 28/04/2024 am IST 5-day change 1st Jan Change
2.59 USD 0.00% Intraday chart for Arab Palestinian Investment Company -1.15% -19.06%

Valuation

Fiscal Period: December 2017 2018 2019 2021 2022
Capitalization 1 138.6 192.7 226.9 346.5 425.6
Enterprise Value (EV) 1 222.3 332.1 382.2 586.1 751.9
P/E ratio 11.6 x 13.8 x 12.5 x 10.3 x 15.4 x
Yield 3.61% 2.59% 2.64% 3.18% 2.35%
Capitalization / Revenue 0.2 x 0.26 x 0.28 x 0.31 x 0.37 x
EV / Revenue 0.33 x 0.45 x 0.46 x 0.53 x 0.65 x
EV / EBITDA 5.74 x 9.18 x 8.19 x 9.04 x 11.5 x
EV / FCF 10.2 x -22.5 x 286 x -24.1 x -11.8 x
FCF Yield 9.81% -4.45% 0.35% -4.16% -8.49%
Price to Book 1.48 x 1.66 x 1.71 x 2.12 x 2.29 x
Nbr of stocks (in thousands) 1,03,885 1,13,584 1,15,539 1,16,999 1,16,999
Reference price 2 1.334 1.697 1.964 2.962 3.638
Announcement Date 29/03/18 28/03/19 30/06/20 13/04/23 13/04/23
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2021 2022
Net sales 1 683.7 733.2 825.2 1,110 1,161
EBITDA 1 38.75 36.18 46.68 64.81 65.24
EBIT 1 29.5 26.78 36.7 54.01 53.17
Operating Margin 4.31% 3.65% 4.45% 4.87% 4.58%
Earnings before Tax (EBT) 1 21.88 20.36 26.55 42.8 38.8
Net income 1 11.93 13.09 17.87 33.56 27.68
Net margin 1.74% 1.78% 2.17% 3.02% 2.38%
EPS 2 0.1148 0.1227 0.1567 0.2868 0.2366
Free Cash Flow 1 21.81 -14.78 1.338 -24.35 -63.84
FCF margin 3.19% -2.02% 0.16% -2.19% -5.5%
FCF Conversion (EBITDA) 56.27% - 2.87% - -
FCF Conversion (Net income) 182.77% - 7.49% - -
Dividend per Share 2 0.0481 0.0440 0.0519 0.0942 0.0855
Announcement Date 29/03/18 28/03/19 30/06/20 13/04/23 13/04/23
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2021 2022
Net Debt 1 83.7 139 155 240 326
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) 2.161 x 3.851 x 3.326 x 3.697 x 5.002 x
Free Cash Flow 1 21.8 -14.8 1.34 -24.4 -63.8
ROE (net income / shareholders' equity) 14.1% 12.1% 14.7% 18.4% 15%
ROA (Net income/ Total Assets) 5.37% 4.55% 5.62% 5.97% 4.88%
Assets 1 222.1 287.7 317.9 561.8 566.6
Book Value Per Share 2 0.9000 1.020 1.150 1.390 1.590
Cash Flow per Share 2 0.2100 0.1900 0.2300 0.4000 0.2800
Capex 1 14.2 14.2 18.9 5.64 38.1
Capex / Sales 2.08% 1.94% 2.29% 0.51% 3.28%
Announcement Date 29/03/18 28/03/19 30/06/20 13/04/23 13/04/23
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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