Financials National International Holding Company K.S.C.P.

Equities

NIH

KW0EQ0201677

Investment Holding Companies

End-of-day quote Kuwait S.E. 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
0.107 KWD +0.94% Intraday chart for National International Holding Company K.S.C.P. +2.88% -0.93%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 12.42 15.42 17.41 32.02 28.58 24.13
Enterprise Value (EV) 1 8.442 17.69 19.63 31 27.95 19.66
P/E ratio 5.39 x 8.82 x -4.68 x 17.4 x 16.6 x 10.6 x
Yield 8.02% - - 3.32% 3.85% 5.56%
Capitalization / Revenue 1.52 x 1.89 x 111 x 5.47 x 4.18 x 3.04 x
EV / Revenue 1.03 x 2.16 x 125 x 5.3 x 4.09 x 2.47 x
EV / EBITDA 2.99 x 5.56 x -6.27 x 14.5 x 13.6 x 6.79 x
EV / FCF 2.98 x 8.06 x -5.06 x 19.3 x 16.9 x 4.38 x
FCF Yield 33.5% 12.4% -19.8% 5.19% 5.92% 22.8%
Price to Book 0.31 x 0.39 x 0.47 x 0.84 x 0.77 x 0.62 x
Nbr of stocks (in thousands) 2,16,611 2,16,611 2,16,611 2,16,950 2,19,827 2,23,445
Reference price 2 0.0573 0.0712 0.0804 0.1476 0.1300 0.1080
Announcement Date 31/03/19 31/03/20 30/03/21 30/03/22 30/03/23 21/03/24
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 8.181 8.173 0.1572 5.85 6.84 7.951
EBITDA 1 2.821 3.183 -3.131 2.131 2.05 2.895
EBIT 1 2.702 3.012 -3.361 1.995 1.869 2.803
Operating Margin 33.03% 36.85% -2,137.57% 34.1% 27.33% 35.25%
Earnings before Tax (EBT) 1 2.494 2.119 -3.707 1.8 1.695 2.56
Net income 1 2.304 1.748 -3.722 1.794 1.722 2.279
Net margin 28.17% 21.39% -2,367.45% 30.66% 25.17% 28.66%
EPS 2 0.0106 0.008071 -0.0172 0.008482 0.007824 0.0102
Free Cash Flow 1 2.83 2.194 -3.882 1.608 1.655 4.492
FCF margin 34.6% 26.85% -2,468.88% 27.49% 24.19% 56.49%
FCF Conversion (EBITDA) 100.33% 68.94% - 75.46% 80.73% 155.17%
FCF Conversion (Net income) 122.82% 125.52% - 89.64% 96.13% 197.12%
Dividend per Share 2 0.004600 - - 0.004900 0.005000 0.006000
Announcement Date 31/03/19 31/03/20 30/03/21 30/03/22 30/03/23 21/03/24
1KWD in Million2KWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 2.27 2.21 - - -
Net Cash position 1 3.97 - - 1.02 0.63 4.47
Leverage (Debt/EBITDA) - 0.7124 x -0.7065 x - - -
Free Cash Flow 1 2.83 2.19 -3.88 1.61 1.65 4.49
ROE (net income / shareholders' equity) 5.9% 4.64% -8.4% 4% 3.65% 5.49%
ROA (Net income/ Total Assets) 3.5% 3.58% -4.14% 2.39% 2.12% 3.19%
Assets 1 65.76 48.83 89.85 75.2 81.23 71.42
Book Value Per Share 2 0.1900 0.1800 0.1700 0.1800 0.1700 0.1700
Cash Flow per Share 2 0.0300 0 0 0.0100 0.0100 0
Capex 1 0.23 0.27 0.43 0.36 0.08 0.09
Capex / Sales 2.76% 3.26% 276.14% 6.12% 1.18% 1.11%
Announcement Date 31/03/19 31/03/20 30/03/21 30/03/22 30/03/23 21/03/24
1KWD in Million2KWD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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