EMIRATES REFRESHMENTS |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.74 AED | +2.62% |
|
0.00% | -8.67% |
| Apr. 18 | Emirates Reem Investments Shares Resume Trading in Dubai | MT |
| Apr. 18 | Emirates Reem Investments to Pause Trading in Dubai Amid General Assembly | MT |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 89.1 | 80.4 | 154.2 | 197.4 | 1,379 | 959.6 |
| Enterprise Value (EV) 1 | 78.54 | 79.03 | 152.9 | 197.7 | 1,068 | 696.9 |
| P/E ratio | -11.9 x | -7.95 x | -21.5 x | 105 x | 29.1 x | -257 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 1.84 x | 2.03 x | 6.23 x | 8.59 x | 43.3 x | 17.6 x |
| EV / Revenue | 1.62 x | 2 x | 6.18 x | 8.61 x | 33.5 x | 12.8 x |
| EV / EBITDA | -31.8 x | -11.8 x | -21.7 x | -23.2 x | -280 x | 163 x |
| EV / FCF | -24.8 x | -33 x | 17.6 x | -38.3 x | -129 x | -48.2 x |
| FCF Yield | -4.03% | -3.03% | 5.67% | -2.61% | -0.78% | -2.08% |
| Price to Book | 2.51 x | 3.08 x | 8.13 x | 9.34 x | 4.1 x | 2.88 x |
| Nbr of stocks (in thousands) | 30,000 | 30,000 | 30,000 | 30,000 | 319,871 | 319,871 |
| Reference price 2 | 2.970 | 2.680 | 5.140 | 6.580 | 4.310 | 3.000 |
| Announcement Date | 3/31/19 | 3/29/20 | 3/7/21 | 2/8/22 | 2/9/23 | 3/8/24 |
1AED in Million2AED
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 48.35 | 39.6 | 24.76 | 22.97 | 31.87 | 54.63 |
| EBITDA 1 | -2.472 | -6.672 | -7.05 | -8.514 | -3.819 | 4.283 |
| EBIT 1 | -8.232 | -10.11 | -9.102 | -10.22 | -5.546 | 1.192 |
| Operating Margin | -17.02% | -25.54% | -36.76% | -44.51% | -17.41% | 2.18% |
| Earnings before Tax (EBT) 1 | -7.494 | -10.11 | -7.183 | 1.871 | 25.4 | -1.135 |
| Net income 1 | -7.494 | -10.11 | -7.183 | 1.871 | 25.4 | -3.733 |
| Net margin | -15.5% | -25.53% | -29.01% | 8.15% | 79.71% | -6.83% |
| EPS 2 | -0.2498 | -0.3370 | -0.2394 | 0.0624 | 0.1479 | -0.0117 |
| Free Cash Flow 1 | -3.164 | -2.392 | 8.676 | -5.164 | -8.295 | -14.46 |
| FCF margin | -6.54% | -6.04% | 35.04% | -22.49% | -26.03% | -26.47% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/31/19 | 3/29/20 | 3/7/21 | 2/8/22 | 2/9/23 | 3/8/24 |
1AED in Million2AED
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | 0.31 | - | - |
| Net Cash position 1 | 10.6 | 1.37 | 1.31 | - | 311 | 263 |
| Leverage (Debt/EBITDA) | - | - | - | -0.0363 x | - | - |
| Free Cash Flow 1 | -3.16 | -2.39 | 8.68 | -5.16 | -8.29 | -14.5 |
| ROE (net income / shareholders' equity) | -18.9% | -32.3% | -31.9% | 9.33% | 14.2% | -0.45% |
| ROA (Net income/ Total Assets) | -9.19% | -11.7% | -11.7% | -11.4% | -1.64% | 0.21% |
| Assets 1 | 81.51 | 86.44 | 61.49 | -16.41 | -1,552 | -1,803 |
| Book Value Per Share 2 | 1.190 | 0.8700 | 0.6300 | 0.7000 | 1.050 | 1.040 |
| Cash Flow per Share 2 | 0.5200 | 0.5200 | 0.5200 | 0.5200 | 0.8500 | 0.7300 |
| Capex 1 | 2.28 | 0.93 | 0.92 | 0.68 | 0.37 | 2.19 |
| Capex / Sales | 4.72% | 2.34% | 3.71% | 2.98% | 1.17% | 4.01% |
| Announcement Date | 3/31/19 | 3/29/20 | 3/7/21 | 2/8/22 | 2/9/23 | 3/8/24 |
1AED in Million2AED
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -8.67% | 239M | |
| -0.66% | 64.43B | |
| +29.81% | 3.02B | |
| -.--% | 2B | |
| -23.80% | 787M | |
| +30.28% | 682M | |
| +3.90% | 575M | |
| -8.27% | 379M | |
| -5.94% | 331M | |
| +87.54% | 67.66M |
- Stock Market
- Equities
- ERC Stock
- Financials Emirates Refreshments
