DUBAI TAXI COMPANY |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.21 AED | +0.45% |
|
+2.79% | +3.76% |
| Apr. 04 | Dubai Taxi Company Announces Executive Appointments | CI |
| Apr. 04 | Dubai Taxi Company Appoints Amit Khandelwal as Chief Financial Officer | CI |
Valuation
| Fiscal Period: December | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 5,325 | 5,525 | - | - |
| Enterprise Value (EV) 1 | 6,026 | 6,251 | 6,067 | 6,099 |
| P/E ratio | 15.2 x | 15.7 x | 14 x | 13.1 x |
| Yield | - | 5.35% | 6.1% | 6.83% |
| Capitalization / Revenue | 2.73 x | 2.54 x | 2.39 x | 2.25 x |
| EV / Revenue | 3.08 x | 2.87 x | 2.63 x | 2.48 x |
| EV / EBITDA | 11.8 x | 10.5 x | 9.29 x | 8.68 x |
| EV / FCF | -9.68 x | 17.7 x | 15.1 x | 15.9 x |
| FCF Yield | -10.3% | 5.65% | 6.64% | 6.29% |
| Price to Book | 17.3 x | 15.6 x | 17.4 x | 17.3 x |
| Nbr of stocks (in thousands) | 2,500,000 | 2,500,000 | - | - |
| Reference price 2 | 2.130 | 2.210 | 2.210 | 2.210 |
| Announcement Date | 2/7/24 | - | - | - |
1AED in Million2AED
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net sales 1 | 1,954 | 2,178 | 2,311 | 2,459 |
| EBITDA 1 | 508.6 | 596.3 | 652.7 | 702.6 |
| EBIT 1 | 372.7 | 439 | 491.5 | 523.6 |
| Operating Margin | 19.08% | 20.15% | 21.27% | 21.3% |
| Earnings before Tax (EBT) 1 | 345.3 | 448 | 465.3 | 504 |
| Net income 1 | 345.3 | 361.2 | 410.5 | 440.7 |
| Net margin | 17.68% | 16.58% | 17.77% | 17.92% |
| EPS 2 | 0.1400 | 0.1406 | 0.1582 | 0.1688 |
| Free Cash Flow 1 | -622.4 | 353 | 402.8 | 383.8 |
| FCF margin | -31.86% | 16.2% | 17.43% | 15.61% |
| FCF Conversion (EBITDA) | - | 59.19% | 61.72% | 54.63% |
| FCF Conversion (Net income) | - | 97.73% | 98.14% | 87.1% |
| Dividend per Share 2 | - | 0.1183 | 0.1348 | 0.1510 |
| Announcement Date | 2/7/24 | - | - | - |
1AED in Million2AED
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 |
|---|---|---|---|---|---|
| Net sales 1 | 457.1 | 539.8 | 530 | 510 | 502.8 |
| EBITDA | - | 137.5 | - | - | - |
| EBIT | - | 99.54 | - | - | - |
| Operating Margin | - | 18.44% | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - |
| Net income 1 | 80.81 | 78.19 | 94.39 | 88.92 | 79.68 |
| Net margin | 17.68% | 14.49% | 17.81% | 17.43% | 15.85% |
| EPS 2 | - | - | 0.0378 | 0.0356 | 0.0319 |
| Dividend per Share | - | - | - | - | - |
| Announcement Date | 11/13/23 | 2/7/24 | - | - | - |
1AED in Million2AED
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net Debt 1 | 701 | 726 | 542 | 574 |
| Net Cash position 1 | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.379 x | 1.217 x | 0.8299 x | 0.817 x |
| Free Cash Flow 1 | -622 | 353 | 403 | 384 |
| ROE (net income / shareholders' equity) | 97.6% | 97.3% | 95.2% | 83% |
| ROA (Net income/ Total Assets) | 18.3% | 15.1% | 16.2% | 16.7% |
| Assets 1 | 1,885 | 2,392 | 2,539 | 2,644 |
| Book Value Per Share 2 | 0.1200 | 0.1400 | 0.1300 | 0.1300 |
| Cash Flow per Share | - | - | - | - |
| Capex 1 | 358 | 189 | 208 | 282 |
| Capex / Sales | 18.35% | 8.69% | 8.99% | 11.48% |
| Announcement Date | 2/7/24 | - | - | - |
1AED in Million2AED
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
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
2.21
AED
Average target price
2.575
AED
Spread / Average Target
+16.52%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.76% | 1.5B | |
| -2.17% | 250M | |
| -14.25% | 239M | |
| +1.59% | 183M | |
| 0.00% | 68.17M |
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