Financials Dalqan Real Estate Company K.S.C. (Public)

Equities

DALQAN

KW0EQ0402580

Real Estate Development & Operations

End-of-day quote Kuwait S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
0.144 KWD +1.41% Intraday chart for Dalqan Real Estate Company K.S.C. (Public) -4.00% -2.04%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 19.26 19.26 16.59 13.14 13.59 9.021
Enterprise Value (EV) 1 16.14 15.89 13.08 9.458 10.76 8.284
P/E ratio 141 x 59 x 714 x 373 x 78.6 x 15.7 x
Yield - - - - 1.29% 3.4%
Capitalization / Revenue 67.6 x 66.9 x 80.5 x 54.7 x 52.6 x 19.2 x
EV / Revenue 56.6 x 55.2 x 63.4 x 39.4 x 41.6 x 17.7 x
EV / EBITDA - - - - - -
EV / FCF 105 x 97.9 x 157 x 89.6 x 7.2 x 42.3 x
FCF Yield 0.95% 1.02% 0.64% 1.12% 13.9% 2.36%
Price to Book 3.06 x 2.91 x 2.5 x 1.97 x 2.09 x 1.31 x
Nbr of stocks (in thousands) 61,741 61,741 61,741 61,741 60,289 61,368
Reference price 2 0.3119 0.3119 0.2686 0.2127 0.2255 0.1470
Announcement Date 3/24/19 3/24/20 3/8/21 3/23/22 3/7/23 3/5/24
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 0.2849 0.2879 0.2061 0.2403 0.2586 0.469
EBITDA - - - - - -
EBIT 1 0.2397 0.2329 0.1338 0.166 0.1802 0.3882
Operating Margin 84.12% 80.9% 64.89% 69.09% 69.68% 82.77%
Earnings before Tax (EBT) 1 0.1384 0.3298 0.0236 0.0357 0.1785 0.5799
Net income 1 0.1369 0.3264 0.0233 0.0353 0.1767 0.5739
Net margin 48.06% 113.37% 11.29% 14.67% 68.3% 122.35%
EPS 2 0.002217 0.005285 0.000376 0.000571 0.002868 0.009355
Free Cash Flow 1 0.154 0.1623 0.0832 0.1055 1.495 0.1958
FCF margin 54.03% 56.38% 40.36% 43.92% 578.02% 41.74%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) 112.44% 49.73% 357.55% 299.31% 846.27% 34.11%
Dividend per Share - - - - 0.002900 0.005000
Announcement Date 3/24/19 3/24/20 3/8/21 3/23/22 3/7/23 3/5/24
1KWD in Million2KWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 3.12 3.37 3.51 3.68 2.83 0.74
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 0.15 0.16 0.08 0.11 1.5 0.2
ROE (net income / shareholders' equity) 2.2% 5.06% 0.35% 0.53% 2.68% 8.57%
ROA (Net income/ Total Assets) 2.38% 2.22% 1.24% 1.53% 1.52% 2.91%
Assets 1 5.764 14.69 1.876 2.302 11.61 19.69
Book Value Per Share 2 0.1000 0.1100 0.1100 0.1100 0.1100 0.1100
Cash Flow per Share 2 0.0500 0.0500 0.0600 0.0600 0.0500 0.0400
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 3/24/19 3/24/20 3/8/21 3/23/22 3/7/23 3/5/24
1KWD in Million2KWD
Estimates
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