Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBIT Multiple | 20.7x - 22.9x | 21.8x |
| Selected Fwd EBIT Multiple | 3.5x - 3.8x | 3.7x |
| Fair Value | د.إ 19.78 - د.إ 21.37 | د.إ 20.58 |
| Upside | 29.6% - 40.1% | 34.9% |
| Benchmarks | Ticker | Full Ticker |
| Alpha Dhabi Holding PJSC | ALPHADHABI | ADX:ALPHADHABI |
| International Holding Company PJSC | IHC | ADX:IHC |
| Hily Holding PJSC | HH | ADX:HH |
| Modon Holding PSC | MODON | ADX:MODON |
| Multiply Group PJSC | MULTIPLY | ADX:MULTIPLY |
| ESG Emirates Stallions Group PJSC | ESG | ADX:ESG |
| - | - | - |
| Select LTM EBIT Multiple | |||||||
| Benchmark Companies | |||||||
| ALPHADHABI | IHC | HH | MODON | MULTIPLY | ESG | ||
| ADX:ALPHADHABI | ADX:IHC | ADX:HH | ADX:MODON | ADX:MULTIPLY | ADX:ESG | ||
| Historical EBIT Growth | |||||||
| 5Y CAGR | 115.5% | 137.0% | NM- | 93.3% | 247.5% | 3.1% | |
| 3Y CAGR | 31.5% | 19.1% | -32.3% | 75.4% | 60.1% | 79.5% | |
| Latest Twelve Months | 42.4% | 69.3% | 44558.1% | 4772.2% | 82.5% | 26.1% | |
| Historical EBIT Profit Margin | |||||||
| 5 Year Average Margin | 14.5% | 18.1% | 24.6% | 20.9% | 28.1% | 11.3% | |
| Prior Fiscal Year | 11.2% | 10.8% | -11.5% | 21.2% | 28.0% | 13.5% | |
| Latest Fiscal Year | 15.2% | 14.3% | 12.9% | 13.7% | 26.1% | 14.0% | |
| Latest Twelve Months | 16.2% | 16.1% | 32.6% | 28.9% | 27.5% | 13.7% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 1.73x | 8.41x | 0.15x | 4.91x | 3.46x | 1.92x | |
| EV / LTM EBITDA | 8.7x | 41.1x | 0.4x | 15.3x | 9.5x | 11.5x | |
| EV / LTM EBIT | 10.7x | 52.2x | 0.5x | 17.0x | 12.6x | 14.0x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBIT | 0.5x | 12.6x | 52.2x | ||||
| Historical EV / LTM EBIT | 8.8x | 19.5x | 97.1x | ||||
| Selected EV / LTM EBIT | 20.7x | 21.8x | 22.9x | ||||
| (x) LTM EBIT | 184 | 184 | 184 | ||||
| (=) Implied Enterprise Value | 3,802 | 4,002 | 4,202 | ||||
| (-) Non-shareholder Claims * | 1,171 | 1,171 | 1,171 | ||||
| (=) Equity Value | 4,973 | 5,173 | 5,373 | ||||
| (/) Shares Outstanding | 250.0 | 250.0 | 250.0 | ||||
| Implied Value Range | 19.89 | 20.69 | 21.49 | ||||
| FX Rate: AED/AED | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 19.89 | 20.69 | 21.49 | 15.26 | |||
| Upside / (Downside) | 30.3% | 35.6% | 40.8% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | ALPHADHABI | IHC | HH | MODON | MULTIPLY | ESG | |
| Enterprise Value | 120,013 | 884,058 | 23 | 54,543 | 8,467 | 2,644 | |
| (+) Cash & Short Term Investments | 49,679 | 137,313 | 296 | 10,476 | 22,527 | 572 | |
| (+) Investments & Other | 19,322 | 58,393 | 445 | 3,864 | 14,239 | 1,202 | |
| (-) Debt | (39,018) | (89,172) | (477) | (7,521) | (9,799) | (207) | |
| (-) Other Liabilities | (40,196) | (115,958) | (5) | (1,205) | (1,498) | (397) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 109,800 | 874,634 | 282 | 60,157 | 33,936 | 3,815 | |
| (/) Shares Outstanding | 10,000.0 | 2,186.6 | 120.0 | 16,347.1 | 11,200.0 | 250.0 | |
| Implied Stock Price | 10.98 | 400.00 | 2.35 | 3.68 | 3.03 | 15.26 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 10.98 | 400.00 | 2.35 | 3.68 | 3.03 | 15.26 | |
| Trading Currency | AED | AED | AED | AED | AED | AED | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |