Financials Al Batinah Power Company SAOG

Equities

BATP

OM0000004925

Independent Power Producers

End-of-day quote Muscat Exchange 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
0.077 OMR -2.53% Intraday chart for Al Batinah Power Company SAOG -1.28% +285.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 68.16 39.14 33.74 32.39 19.57 13.5
Enterprise Value (EV) 1 222.8 190.4 172.1 147.9 110.8 83.2
P/E ratio 7.51 x 4.02 x 3.18 x 2.91 x 1.61 x 1.06 x
Yield 8.4% 12.1% 11.8% 12.5% 24.1% 23.6%
Capitalization / Revenue 0.91 x 0.8 x 0.67 x 0.62 x 0.29 x 0.2 x
EV / Revenue 2.96 x 3.87 x 3.4 x 2.84 x 1.66 x 1.25 x
EV / EBITDA 7.97 x 6.74 x 6.07 x 5.26 x 3.9 x 2.95 x
EV / FCF 12.6 x 15.2 x 10.1 x 8.68 x 5.53 x 4.31 x
FCF Yield 7.94% 6.58% 9.9% 11.5% 18.1% 23.2%
Price to Book 0.84 x 0.48 x 0.39 x 0.33 x 0.18 x 0.11 x
Nbr of stocks (in thousands) 674,887 674,887 674,887 674,887 674,887 674,887
Reference price 2 0.1010 0.0580 0.0500 0.0480 0.0290 0.0200
Announcement Date 2/21/19 2/19/20 2/18/21 2/20/22 2/16/23 2/18/24
1OMR in Million2OMR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 75.14 49.21 50.63 52.04 66.84 66.81
EBITDA 1 27.95 28.24 28.33 28.13 28.41 28.17
EBIT 1 20.5 20.77 20.85 20.56 20.94 20.7
Operating Margin 27.29% 42.22% 41.19% 39.51% 31.33% 30.99%
Earnings before Tax (EBT) 1 10.65 11.41 12.33 12.99 14.32 14.95
Net income 1 9.072 9.745 10.62 11.12 12.17 12.7
Net margin 12.07% 19.8% 20.97% 21.37% 18.21% 19.02%
EPS 2 0.0134 0.0144 0.0157 0.0165 0.0180 0.0188
Free Cash Flow 1 17.69 12.53 17.03 17.05 20.05 19.31
FCF margin 23.54% 25.46% 33.63% 32.76% 30% 28.9%
FCF Conversion (EBITDA) 63.28% 44.36% 60.11% 60.61% 70.57% 68.56%
FCF Conversion (Net income) 194.95% 128.56% 160.4% 153.26% 164.77% 152%
Dividend per Share 2 0.008480 0.007000 0.005900 0.006000 0.007000 0.004720
Announcement Date 2/21/19 2/19/20 2/18/21 2/20/22 2/16/23 2/18/24
1OMR in Million2OMR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 155 151 138 116 91.3 69.7
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.532 x 5.356 x 4.883 x 4.108 x 3.212 x 2.475 x
Free Cash Flow 1 17.7 12.5 17 17 20.1 19.3
ROE (net income / shareholders' equity) 11.6% 12% 12.6% 12.1% 11.7% 10.9%
ROA (Net income/ Total Assets) 4.76% 4.93% 4.98% 4.98% 5.33% 5.45%
Assets 1 190.6 197.5 213.2 223.2 228.1 233.2
Book Value Per Share 2 0.1200 0.1200 0.1300 0.1400 0.1600 0.1800
Cash Flow per Share 2 0 0 0 0 0.0100 0.0100
Capex 1 0.05 0.12 0.06 0.04 0.03 0
Capex / Sales 0.07% 0.25% 0.12% 0.08% 0.04% 0%
Announcement Date 2/21/19 2/19/20 2/18/21 2/20/22 2/16/23 2/18/24
1OMR in Million2OMR
Estimates
  1. Stock Market
  2. Equities
  3. BATP Stock
  4. Financials Al Batinah Power Company SAOG