Financials Galfar Engineering & Contracting SAOG

Equities

GECS

OM0000003521

Construction & Engineering

End-of-day quote Muscat Exchange Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
0.163 ^OMR	-2.40%		+21.64%	-3.55%

Apr. 17	Galfar Engineering & Contracting SAOG Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Mar. 13	Galfar Engineering & Contracting SAOG Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2019	2022	2023	2024	2025
Capitalization ¹	69.35	84.59	83.57	82.35	-
Enterprise Value (EV) ¹	69.35	84.59	83.57	82.35	82.35
P/E ratio	-	43.5 x	169 x	23.3 x	6.79 x
Yield	-	-	-	-	-
Capitalization / Revenue	0.27 x	0.48 x	0.33 x	0.3 x	0.28 x
EV / Revenue	0.27 x	0.48 x	0.33 x	0.3 x	0.28 x
EV / EBITDA	-	-	-	-	-
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	-	2.26 x	-	1.09 x	0.91 x
Nbr of stocks (in thousands)	328,222	290,651	290,651	290,651	-
Reference price ²	0.0986	0.1740	0.1690	0.1630	0.1630
Announcement Date	1/15/20	1/15/23	3/13/24	-	-

¹OMR in Million²OMR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2022	2023	2024	2025
Net sales ¹	253.7	177.9	249.5	271.9	297
EBITDA	-	-	-	-	-
EBIT	-	-	-	-	-
Operating Margin	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	0.156	-0.049	6	8
Net income ¹	-0.059	1.329	0.128	1.95	7
Net margin	-0.02%	0.75%	0.05%	0.72%	2.36%
EPS ²	-	0.004000	0.001000	0.007000	0.0240
Free Cash Flow	-	-	-	-	-
FCF margin	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-
Dividend per Share	-	-	-	-	-
Announcement Date	1/15/20	1/15/23	3/13/24	-	-

¹OMR in Million²OMR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2020 S1	2023 Q1	2023 Q2	2023 S1	2023 Q3	2023 Q4	2024 Q1
Net sales ¹	110.8	-	63.98	-	63.04	64.57	65.86
EBITDA	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-
Operating Margin	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-
Net income ¹	-11.14	0.441	0.5	0.941	0.511	-1.4	0.202
Net margin	-10.06%	-	0.78%	-	0.81%	-2.17%	0.31%
EPS	-	0.002000	-	-	0.002000	-	-
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	8/27/20	5/14/23	8/15/23	8/15/23	10/15/23	3/13/24	4/18/24

¹OMR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2022	2023	2024	2025
Net Debt	-	-	-	-	-
Net Cash position	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-
Free Cash Flow	-	-	-	-	-
ROE (net income / shareholders' equity)	-	5.96%	-	17.9%	21.1%
ROA (Net income/ Total Assets)	-	0.59%	-	1.9%	2.6%
Assets ¹	-	225.3	-	102.6	269.2
Book Value Per Share ²	-	0.0800	-	0.1500	0.1800
Cash Flow per Share	-	-	-	-	-
Capex	-	-	-	-	-
Capex / Sales	-	-	-	-	-
Announcement Date	1/15/20	1/15/23	3/13/24	-	-

¹OMR in Million²OMR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for Galfar Engineering & Contracting SAOG

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.163 OMR

Average target price

0.169 OMR

Spread / Average Target

+3.68%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Other Construction & Engineering

	1st Jan change	Capi.
GALFAR ENGINEERING & CONTRACTING SAOG	-3.55%	214M
VINCI	-2.29%	67.67B
LARSEN & TOUBRO LIMITED	+2.13%	59.37B
QUANTA SERVICES, INC.	+21.25%	38.3B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	+11.23%	30.73B
FERROVIAL SE	+2.06%	26.35B
CHINA RAILWAY GROUP LIMITED	+22.89%	22.01B
WSP GLOBAL INC.	+15.06%	19.47B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED	+22.99%	17.6B
EMCOR GROUP, INC.	+64.33%	16.64B

Other Construction & Engineering