Financials Taageer Finance Company SAOG

Equities

TFCI

OM0000003281

Consumer Lending

End-of-day quote Muscat Exchange 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
0.106 OMR 0.00% Intraday chart for Taageer Finance Company SAOG +0.95% +14.59%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 23.67 25.41 20.68 17.94 25.35 25.06
Enterprise Value (EV) 1 138.7 155.5 140.2 128.4 149.4 169
P/E ratio 4.86 x 6.68 x 9.99 x 7.05 x 7.5 x 5.2 x
Yield 10.7% 7.97% - 4.31% 5.13% 7.35%
Capitalization / Revenue 2.71 x 2.91 x 2.98 x 2.33 x 2.56 x 2.11 x
EV / Revenue 15.9 x 17.8 x 20.2 x 16.7 x 15.1 x 14.2 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.58 x 0.61 x 0.49 x 0.4 x 0.54 x 0.5 x
Nbr of stocks (in thousands) 266,307 266,307 266,307 266,307 271,089 271,096
Reference price 2 0.0889 0.0954 0.0776 0.0674 0.0935 0.0925
Announcement Date 3/9/19 2/29/20 3/16/21 3/20/22 3/15/23 3/10/24
1OMR in Million2OMR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 8.736 8.73 6.943 7.689 9.887 11.89
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 5.192 4.669 2.465 3.002 3.976 5.675
Net income 1 4.867 3.803 2.07 2.543 3.38 4.824
Net margin 55.71% 43.56% 29.81% 33.07% 34.19% 40.58%
EPS 2 0.0183 0.0143 0.007772 0.009549 0.0125 0.0178
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.009500 0.007600 - 0.002900 0.004800 0.006800
Announcement Date 3/9/19 2/29/20 3/16/21 3/20/22 3/15/23 3/10/24
1OMR in Million2OMR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 - 7.229 - 7.566
EBITDA - - - -
EBIT - - - -
Operating Margin - - - -
Earnings before Tax (EBT) - - - -
Net income 0.672 0.909 2.353 -
Net margin - 12.57% - -
EPS 11.52 - - -
Dividend per Share - - - -
Announcement Date 7/26/23 10/15/23 1/15/24 4/15/24
1OMR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 115 130 120 110 124 144
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 12.2% 9.25% 4.95% 5.9% 7.4% 9.9%
ROA (Net income/ Total Assets) 3.05% 2.14% 1.14% 1.43% 1.71% 2.12%
Assets 1 159.6 177.9 181.4 178.3 198 227.7
Book Value Per Share 2 0.1500 0.1600 0.1600 0.1700 0.1700 0.1900
Cash Flow per Share 2 0.0100 0.0100 0.0100 0.0600 0.0600 0.0400
Capex 1 0.13 0.38 0.27 0.11 0.45 0.32
Capex / Sales 1.5% 4.31% 3.86% 1.39% 4.58% 2.65%
Announcement Date 3/9/19 2/29/20 3/16/21 3/20/22 3/15/23 3/10/24
1OMR in Million2OMR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
0.106 OMR
Average target price
0.11 OMR
Spread / Average Target
+3.77%
Consensus

Quarterly revenue - Rate of surprise

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