Financials OQ Gas Networks SAOC

Equities

OQGN

OM0000009072

Oil & Gas Transportation Services

End-of-day quote Muscat Exchange 03:30:00 27/06/2024 am IST 5-day change 1st Jan Change
0.141 OMR 0.00% Intraday chart for OQ Gas Networks SAOC -0.70% -7.84%

Valuation

Fiscal Period: December 2023 2024 2025 2026
Capitalization 1 662.6 610.6 - -
Enterprise Value (EV) 1 968.3 911.6 927.6 943.6
P/E ratio 11.9 x 10.9 x 9.72 x 9.4 x
Yield 6.64% 8.26% 8.87% 9.93%
Capitalization / Revenue 4.1 x 3.36 x 3.3 x 3.23 x
EV / Revenue 5.99 x 5.01 x 5.01 x 4.99 x
EV / EBITDA 11.5 x 10.5 x 10.2 x 9.93 x
EV / FCF 53.2 x 15.7 x 16 x -
FCF Yield 1.88% 6.36% 6.25% -
Price to Book 1.02 x 0.92 x 0.89 x 0.89 x
Nbr of stocks (in thousands) 43,30,624 43,30,624 - -
Reference price 2 0.1530 0.1410 0.1410 0.1410
Announcement Date 27/02/24 - - -
1OMR in Million2OMR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2022 2023 2024 2025 2026
Net sales 1 - 161.6 182 185 189
EBITDA 1 - 84 87 91 95
EBIT 1 - 73.79 111.8 96.15 -
Operating Margin - 45.65% 61.45% 51.97% -
Earnings before Tax (EBT) 1 - 62.44 71.7 72.2 76.6
Net income 1 45.6 55.51 56.04 61.14 65.07
Net margin - 34.34% 30.79% 33.05% 34.43%
EPS 2 0.1350 0.0128 0.0129 0.0145 0.0150
Free Cash Flow 1 - 18.19 58 58 -
FCF margin - 11.25% 31.87% 31.35% -
FCF Conversion (EBITDA) - 21.65% 66.67% 63.74% -
FCF Conversion (Net income) - 32.77% 103.5% 94.87% -
Dividend per Share 2 - 0.0102 0.0116 0.0125 0.0140
Announcement Date 17/09/23 27/02/24 - - -
1OMR in Million2OMR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q4 2024 Q1
Net sales 1 44.22 37.1
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 10.7 13.6
Net margin 24.19% 36.66%
EPS - -
Dividend per Share - -
Announcement Date 27/02/24 17/04/24
1OMR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2022 2023 2024 2025 2026
Net Debt 1 - 306 301 317 333
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) - 3.639 x 3.46 x 3.484 x 3.505 x
Free Cash Flow 1 - 18.2 58 58 -
ROE (net income / shareholders' equity) - 8.84% 9.3% 9% 9.2%
ROA (Net income/ Total Assets) - 4.99% 5.3% 5.2% 5.1%
Assets 1 - 1,112 1,057 1,176 1,276
Book Value Per Share 2 - 0.1500 0.1500 0.1600 0.1600
Cash Flow per Share - - - - -
Capex 1 - 72.5 58 58 58
Capex / Sales - 44.83% 31.87% 31.35% 30.69%
Announcement Date 17/09/23 27/02/24 - - -
1OMR in Million2OMR
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
0.141 OMR
Average target price
0.1687 OMR
Spread / Average Target
+19.62%
Consensus

Annual profits - Rate of surprise

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