Valuation Saudi Aramco Base Oil Company - Luberef

Equities

Market Closed - Saudi Arabian S.E. Other stock markets 05:50:00 12/03/2026 pm IST			5-day change	1st Jan Change
94.65 ^SAR	+0.85%		+4.30%	-1.56%

08/03	US-Israeli war on Iran causes major oil, gas disruptions	RE
06/03	Saudi Arabia Raises Oil Prices for April	DJ

Data adjusted to current consolidation scope

Fiscal Period: December	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	15,694	24,502	18,866	16,178	15,926	-	-
Change	-	56.13%	-23%	-14.25%	-1.56%	-	-
Enterprise Value (EV) ¹	15,738	24,263	18,580	16,178	15,364	14,921	14,620
Change	-	54.17%	-23.42%	-12.93%	-5.03%	-2.88%	-2.01%
P/E ratio	7.94x	16.2x	19.3x	18.9x	15.3x	10.8x	10.6x
PBR	3.09x	5.03x	4.28x	-	3.32x	2.92x	2.7x
PEG	-	-0.7x	-0.5x	-1.6x	0.7x	0.3x	4.61x
Capitalization / Revenue	1.48x	2.58x	1.88x	2x	1.95x	1.71x	1.8x
EV / Revenue	1.48x	2.56x	1.85x	2x	1.88x	1.6x	1.66x
EV / EBITDA	6.27x	12.7x	14.6x	-	11.4x	8.18x	8.21x
EV / EBIT	7.25x	15.3x	18.6x	-	14.4x	9.73x	9.83x
EV / FCF	7.98x	-	11.5x	-	21x	11x	12.4x
FCF Yield	12.5%	-	8.68%	-	4.77%	9.11%	8.09%
Dividend per Share ²	5	10	6.68	-	3.178	6.492	6.815
Rate of return	5.38%	6.89%	5.97%	-	3.36%	6.86%	7.2%
EPS ²	11.72	8.98	5.78	5.08	6.2	8.749	8.95
Distribution rate	42.7%	111%	116%	-	51.3%	74.2%	76.1%
Net sales ¹	10,614	9,489	10,036	8,103	8,155	9,301	8,832
EBITDA ¹	2,511	1,912	1,272	-	1,354	1,824	1,781
EBIT ¹	2,171	1,590	1,001	-	1,068	1,533	1,487
Net income ¹	1,978	1,510	972	855.3	1,036	1,330	1,299
Net Debt ¹	44.58	-239.2	-286	-	-561.8	-1,005	-1,305
Reference price ²	93.00	145.20	111.80	96.15	94.65	94.65	94.65
Nbr of stocks (in thousands)	1,68,750	1,68,750	1,68,750	1,68,255	1,68,261	-	-
Announcement Date	23/02/23	28/02/24	17/02/25	15/02/26	-	-	-

¹SAR in Million²SAR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
SAUDI ARAMCO BASE OIL COMPANY - LUBEREF	15.14x	1.87x	11.25x	3.39%	420.85Cr
EXXON MOBIL CORPORATION	20.99x	2.06x	9.51x	2.74%	63TCr
RELIANCE INDUSTRIES LTD	22.52x	2.09x	11.42x	0.44%	20TCr
CHINA PETROLEUM & CHEMICAL CORPORATION	14.09x	0.38x	6.2x	5.12%	11TCr
BP PLC	14.86x	0.73x	3.6x	4.94%	11TCr
VALERO ENERGY CORPORATION	16.49x	0.66x	8.85x	2.07%	6.91TCr
SUNCOR ENERGY INC.	21.24x	2.15x	7.18x	3.06%	6.9TCr
PHILLIPS 66	14.02x	0.62x	8.71x	2.94%	6.79TCr
MARATHON PETROLEUM CORPORATION	15.55x	0.78x	7.52x	1.78%	6.68TCr
IMPERIAL OIL LIMITED	24.15x	1.57x	12.08x	2.04%	5.8TCr
Average	17.90x	1.29x	8.63x	2.85%	13.84TCr
Weighted average by Cap.	19.51x	1.61x	8.91x	2.67%