Financials Jerusalem Cigarette Co. Ltd.

Equities

JCC

PS2003111643

Tobacco

End-of-day quote Palestine Exchange 23:00:00 14/05/2024 BST 5-day change 1st Jan Change
2.16 JOD +2.86% Intraday chart for Jerusalem Cigarette Co. Ltd. +0.47% -8.47%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 8.5 8.7 7.735 21.06 16.68 20.69
Enterprise Value (EV) 1 19.86 17.86 15.99 30.11 27.67 37.32
P/E ratio 213 x 48.3 x 4.37 x 5.83 x 8.41 x 13.6 x
Yield - - - 4.17% 6.32% -
Capitalization / Revenue 0.19 x 0.16 x 0.14 x 0.3 x 0.26 x 0.3 x
EV / Revenue 0.45 x 0.33 x 0.28 x 0.43 x 0.43 x 0.54 x
EV / EBITDA 16 x 14.7 x 12.1 x 10.4 x 8.44 x 14.1 x
EV / FCF 16 x 4.59 x -2.22 x 12 x 19.2 x -9.46 x
FCF Yield 6.24% 21.8% -45% 8.35% 5.21% -10.6%
Price to Book 0.46 x 0.48 x 0.44 x 0.94 x 0.72 x 1.16 x
Nbr of stocks (in thousands) 10,000 10,000 8,789 8,777 8,777 8,766
Reference price 2 0.8500 0.8700 0.8800 2.400 1.900 2.360
Announcement Date 24/06/20 24/06/20 29/04/21 01/04/22 02/04/23 30/04/24
1JOD in Million2JOD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 44.04 53.56 56.93 70.13 64.59 69.11
EBITDA 1 1.238 1.211 1.317 2.901 3.277 2.651
EBIT 1 0.5149 0.5823 0.6696 2.217 2.508 1.798
Operating Margin 1.17% 1.09% 1.18% 3.16% 3.88% 2.6%
Earnings before Tax (EBT) 1 0.027 0.1608 2.182 4.344 2.463 2.042
Net income 1 0.0431 0.1843 2.014 4.114 2.26 1.742
Net margin 0.1% 0.34% 3.54% 5.87% 3.5% 2.52%
EPS 2 0.004000 0.0180 0.2014 0.4114 0.2260 0.1740
Free Cash Flow 1 1.24 3.891 -7.201 2.513 1.441 -3.947
FCF margin 2.82% 7.27% -12.65% 3.58% 2.23% -5.71%
FCF Conversion (EBITDA) 100.13% 321.21% - 86.63% 43.97% -
FCF Conversion (Net income) 2,879.73% 2,111.71% - 61.09% 63.76% -
Dividend per Share - - - 0.1000 0.1200 -
Announcement Date 24/06/20 24/06/20 29/04/21 01/04/22 02/04/23 30/04/24
1JOD in Million2JOD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 11.4 9.16 8.25 9.04 11 16.6
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 9.173 x 7.558 x 6.266 x 3.117 x 3.354 x 6.273 x
Free Cash Flow 1 1.24 3.89 -7.2 2.51 1.44 -3.95
ROE (net income / shareholders' equity) 0.06% 0.74% 10.3% 17.6% 8.12% 6.47%
ROA (Net income/ Total Assets) 0.72% 0.82% 0.95% 2.92% 3.08% 2.05%
Assets 1 5.985 22.48 211.3 140.8 73.35 85.07
Book Value Per Share 2 1.840 1.820 2.010 2.550 2.660 2.030
Cash Flow per Share 2 0.1000 0.0900 0.0600 0.2900 0.2200 0.0800
Capex 1 0.34 0.48 2.03 2.95 1.56 3.78
Capex / Sales 0.78% 0.89% 3.57% 4.21% 2.41% 5.47%
Announcement Date 24/06/20 24/06/20 29/04/21 01/04/22 02/04/23 30/04/24
1JOD in Million2JOD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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