Financials Elm Company

Equities

7203

SA15GG53GHH3

IT Services & Consulting

Market Closed - Saudi Arabian S.E. 05:50:06 14/05/2024 pm IST 5-day change 1st Jan Change
855 SAR -1.72% Intraday chart for Elm Company -5.84% +4.91%

Valuation

Fiscal Period: December 2022 2023 2024 2025 2026
Capitalization 1 25,763 63,323 67,597 - -
Enterprise Value (EV) 1 25,763 63,323 67,597 67,597 67,597
P/E ratio 28.5 x 48.1 x 42.9 x 34.9 x 30.5 x
Yield 0.9% 0.49% 1.03% 1.33% 1.72%
Capitalization / Revenue 5.59 x 10.7 x 9.75 x 7.95 x 7.07 x
EV / Revenue 5.59 x 10.7 x 9.75 x 7.95 x 7.07 x
EV / EBITDA 22.8 x 42.2 x 38.2 x 30.4 x 27.1 x
EV / FCF 16.2 x 43.2 x 43.2 x 31.6 x 26.5 x
FCF Yield 6.19% 2.31% 2.31% 3.16% 3.78%
Price to Book - 16.3 x 14 x 11.4 x 9.38 x
Nbr of stocks (in thousands) 77,600 77,697 77,697 - -
Reference price 2 332.0 815.0 870.0 870.0 870.0
Announcement Date 12/03/23 10/03/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net sales 1 3,828 4,606 5,898 6,936 8,501 9,566
EBITDA 1 - 1,129 1,500 1,770 2,223 2,492
EBIT 1 - 1,009 1,351 1,596 2,034 2,291
Operating Margin - 21.91% 22.91% 23% 23.93% 23.95%
Earnings before Tax (EBT) 1 - 1,023 1,473 1,768 2,169 2,488
Net income 1 566.9 930 1,356 1,622 1,993 2,281
Net margin 14.81% 20.19% 22.99% 23.38% 23.45% 23.85%
EPS 2 - 11.63 16.95 20.26 24.93 28.52
Free Cash Flow 1 - 1,595 1,466 1,563 2,138 2,552
FCF margin - 34.62% 24.85% 22.53% 25.15% 26.68%
FCF Conversion (EBITDA) - 141.24% 97.72% 88.31% 96.17% 102.41%
FCF Conversion (Net income) - 171.47% 108.1% 96.39% 107.27% 111.86%
Dividend per Share 2 - 3.000 4.000 9.000 11.60 14.93
Announcement Date 16/03/22 12/03/23 10/03/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q3 2022 Q4 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 1,167 1,308 1,404 1,521 1,685 1,639
EBITDA 1 303.6 - 409.4 361.1 - 460
EBIT 1 272.9 227 377.2 323 - 334
Operating Margin 23.37% 17.35% 26.87% 21.23% - 20.38%
Earnings before Tax (EBT) - - - - - -
Net income 1 273.4 212 372.8 334.2 326.6 345
Net margin 23.42% 16.21% 26.55% 21.98% 19.38% 21.05%
EPS 2 3.420 2.660 - - 4.080 4.440
Dividend per Share - - - - - -
Announcement Date 09/11/22 12/03/23 10/08/23 05/11/23 10/03/24 12/05/24
1SAR in Million2SAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Net Debt - - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 - 1,595 1,466 1,563 2,138 2,552
ROE (net income / shareholders' equity) - 31.8% 38.5% 36.7% 36% 35.5%
ROA (Net income/ Total Assets) - 16.6% 19.2% 19.4% 19.1% 19.3%
Assets 1 - 5,609 7,061 8,358 10,436 11,851
Book Value Per Share 2 - - 49.90 61.90 76.50 92.80
Cash Flow per Share - - - - - -
Capex 1 - 112 92.8 121 132 138
Capex / Sales - 2.42% 1.57% 1.74% 1.55% 1.45%
Announcement Date 16/03/22 12/03/23 10/03/24 - - -
1SAR in Million2SAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
870 SAR
Average target price
880.8 SAR
Spread / Average Target
+1.24%
Consensus
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