Company Valuation: Almarai Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 48,750 53,500 55,800 57,200 43,260 45,500 - -
Change - 9.74% 4.3% 2.51% -24.37% 5.18% - -
Enterprise Value (EV) 1 57,953 63,021 65,687 67,340 55,776 58,932 58,943 57,812
Change - 8.75% 4.23% 2.52% -17.17% 5.66% 0.02% -1.92%
P/E 30.7x 30.4x 27.2x 24.8x 17.4x 18x 16.5x 14.8x
PBR 3.02x 3.21x 3.14x 3.04x 2.11x 2.12x 1.98x 1.84x
PEG - 2.8x 1.7x 2x 2.36x 9.49x 1.83x 1.3x
Capitalization / Revenue 3.08x 2.86x 2.85x 2.73x 1.96x 1.94x 1.83x 1.72x
EV / Revenue 3.66x 3.37x 3.36x 3.21x 2.53x 2.51x 2.37x 2.19x
EV / EBITDA 15.3x 14.8x 14.5x 13.8x 9.96x 11.5x 10.7x 9.84x
EV / EBIT 27.4x 25.7x 23.5x 21.3x 18x 18.4x 17x 15.5x
EV / FCF 15.1x 24.9x 33.2x 56.4x -111x 43.2x 31.6x 20.1x
FCF Yield 6.6% 4.01% 3.01% 1.77% -0.9% 2.32% 3.16% 4.97%
Dividend per Share 2 1 1 1 1 1.15 1.16 1.214 1.29
Rate of return 2.05% 1.87% 1.79% 1.75% 2.66% 2.55% 2.67% 2.83%
EPS 2 1.59 1.76 2.05 2.31 2.48 2.527 2.755 3.077
Distribution rate 62.9% 56.8% 48.8% 43.3% 46.4% 45.9% 44.1% 41.9%
Net sales 1 15,850 18,722 19,576 20,980 22,065 23,438 24,912 26,392
EBITDA 1 3,787 4,256 4,541 4,890 5,600 5,128 5,511 5,873
EBIT 1 2,112 2,456 2,792 3,162 3,096 3,197 3,471 3,722
Net income 1 1,564 1,760 2,049 2,313 2,456 2,518 2,746 3,035
Net Debt 1 9,203 9,521 9,887 10,140 12,516 13,432 13,443 12,312
Reference price 2 48.75 53.50 55.80 57.20 43.26 45.50 45.50 45.50
Nbr of stocks (in thousands) 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 - -
Announcement Date 23/01/22 23/01/23 21/01/24 20/01/25 18/01/26 - - -
1SAR in Million2SAR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.24x2.54x11.61x2.52% 12.28B
19.61x2.85x14.03x3.98% 251B
20.64x2.44x14.35x3.43% 77.17B
17.19x1.76x9.9x3.6% 47.77B
16.51x0.51x9.78x2.76% 36.19B
21.62x3.2x13x3.34% 35.02B
40.04x3.32x19.66x0.87% 34.32B
69.16x10.32x43.85x1.1% 28.92B
10.9x1.82x8.97x7.03% 27.06B
Average 25.99x 3.19x 16.13x 3.18% 61.08B
Weighted average by Cap. 22.89x 2.93x 14.99x 3.52%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  3. 2280 Stock
  4. Valuation Almarai Company
-40%: Exceptional extension
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