Financials Jordan Electric Power Company

Equities

JOEP

JO3100411011

Electric Utilities

End-of-day quote Amman S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
1.98 JOD -1.49% Intraday chart for Jordan Electric Power Company -8.33% +3.12%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 102.4 105 104.2 102.3 194.1 176.2
Enterprise Value (EV) 1 391.2 503.7 545.6 543.3 570.8 551.4
P/E ratio 10.9 x 11.1 x 10.7 x 10.5 x 12.9 x 10.2 x
Yield 6.72% 5.94% 4.13% 7.76% 4.55% -
Capitalization / Revenue 0.1 x 0.11 x 0.12 x 0.11 x 0.2 x 0.17 x
EV / Revenue 0.4 x 0.51 x 0.61 x 0.6 x 0.59 x 0.54 x
EV / EBITDA 7.37 x 8.92 x 8.95 x 9.06 x 8.52 x 7.58 x
EV / FCF -22 x -4.47 x -10.8 x -58.4 x 6.08 x 142 x
FCF Yield -4.55% -22.4% -9.23% -1.71% 16.5% 0.7%
Price to Book 0.83 x 0.85 x 0.83 x 0.77 x 1.39 x 1.19 x
Nbr of stocks (in thousands) 91,761 91,761 91,761 91,761 91,761 91,761
Reference price 2 1.116 1.144 1.135 1.115 2.115 1.920
Announcement Date 3/31/19 6/15/20 4/25/21 3/31/22 3/31/23 3/31/24
1JOD in Million2JOD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 978 988.8 901.2 907.2 971.5 1,015
EBITDA 1 53.05 56.45 60.95 59.97 66.99 72.77
EBIT 1 27.17 29.3 32.99 31.33 37.7 42.05
Operating Margin 2.78% 2.96% 3.66% 3.45% 3.88% 4.14%
Earnings before Tax (EBT) 1 11.1 11.75 13.13 14.37 23.08 22.39
Net income 1 9.417 9.835 9.76 10.08 15.06 17.22
Net margin 0.96% 0.99% 1.08% 1.11% 1.55% 1.7%
EPS 2 0.1026 0.1032 0.1060 0.1058 0.1635 0.1877
Free Cash Flow 1 -17.79 -112.7 -50.36 -9.305 93.93 3.884
FCF margin -1.82% -11.4% -5.59% -1.03% 9.67% 0.38%
FCF Conversion (EBITDA) - - - - 140.22% 5.34%
FCF Conversion (Net income) - - - - 623.71% 22.55%
Dividend per Share 2 0.0750 0.0680 0.0469 0.0865 0.0962 -
Announcement Date 3/31/19 6/15/20 4/25/21 3/31/22 3/31/23 3/31/24
1JOD in Million2JOD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 289 399 441 441 377 375
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.442 x 7.062 x 7.243 x 7.354 x 5.623 x 5.157 x
Free Cash Flow 1 -17.8 -113 -50.4 -9.31 93.9 3.88
ROE (net income / shareholders' equity) 7.7% 7.98% 7.84% 7.81% 11% 11.9%
ROA (Net income/ Total Assets) 1.5% 1.86% 2.09% 1.9% 2.26% 2.57%
Assets 1 629.1 527.4 466.1 530.7 666.1 670.7
Book Value Per Share 2 1.350 1.340 1.370 1.440 1.530 1.620
Cash Flow per Share 2 0 0.0100 0.0200 0.0500 0.0400 0.0200
Capex 1 41.1 40.6 30.9 41.6 45.2 73
Capex / Sales 4.2% 4.11% 3.43% 4.58% 4.65% 7.19%
Announcement Date 3/31/19 6/15/20 4/25/21 3/31/22 3/31/23 3/31/24
1JOD in Million2JOD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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