Financials Jordanian Real Estate Company for Development

Equities

JRCD

JO3122911014

Real Estate Development & Operations

End-of-day quote Amman S.E. 23:00:00 14/05/2024 BST 5-day change 1st Jan Change
0.51 JOD -1.92% Intraday chart for Jordanian Real Estate Company for Development -3.77% -3.77%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 13.46 12.08 12.42 16.56 18.28 18.28
Enterprise Value (EV) 1 7.509 6.858 5.987 8.549 10.55 12.83
P/E ratio 30.5 x 36 x 48.1 x 45.3 x -25 x 46.4 x
Yield - - - - - -
Capitalization / Revenue 14.5 x 12.7 x 18.4 x 15 x 18 x 14.6 x
EV / Revenue 8.07 x 7.22 x 8.87 x 7.72 x 10.4 x 10.3 x
EV / EBITDA 14.1 x 13 x -134 x 13.7 x 23.3 x 17.3 x
EV / FCF 1.73 x -10.2 x 9.11 x 6.39 x 3.21 x 19.6 x
FCF Yield 57.8% -9.84% 11% 15.7% 31.2% 5.09%
Price to Book 0.39 x 0.35 x 0.35 x 0.46 x 0.52 x 0.52 x
Nbr of stocks (in thousands) 34,500 34,500 34,500 34,500 34,500 34,500
Reference price 2 0.3900 0.3500 0.3600 0.4800 0.5300 0.5300
Announcement Date 12/03/19 15/06/20 30/04/21 12/02/22 01/02/23 22/01/24
1JOD in Million2JOD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 0.9308 0.9493 0.6749 1.108 1.013 1.25
EBITDA 1 0.5327 0.5291 -0.0446 0.6222 0.4528 0.7415
EBIT 1 0.5268 0.4291 -0.1489 0.4967 0.3178 0.6
Operating Margin 56.6% 45.21% -22.06% 44.85% 31.36% 48.01%
Earnings before Tax (EBT) 1 0.5211 0.4058 0.2933 0.4525 -0.6966 0.4192
Net income 1 0.4405 0.3356 0.2583 0.3657 -0.7314 0.394
Net margin 47.33% 35.35% 38.27% 33.02% -72.17% 31.53%
EPS 2 0.0128 0.009726 0.007486 0.0106 -0.0212 0.0114
Free Cash Flow 1 4.34 -0.6746 0.6575 1.338 3.293 0.6534
FCF margin 466.28% -71.06% 97.43% 120.81% 324.92% 52.29%
FCF Conversion (EBITDA) 814.75% - - 215.06% 727.23% 88.11%
FCF Conversion (Net income) 985.22% - 254.58% 365.86% - 165.82%
Dividend per Share - - - - - -
Announcement Date 12/03/19 15/06/20 30/04/21 12/02/22 01/02/23 22/01/24
1JOD in Million2JOD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 5.95 5.22 6.43 8.01 7.73 5.45
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 4.34 -0.67 0.66 1.34 3.29 0.65
ROE (net income / shareholders' equity) 1.27% 0.97% 0.74% 1.02% -2.04% 1.12%
ROA (Net income/ Total Assets) 0.89% 0.73% -0.26% 0.83% 0.53% 1.01%
Assets 1 49.32 46.08 -101.3 43.84 -137.5 38.85
Book Value Per Share 2 1.000 1.010 1.020 1.050 1.030 1.020
Cash Flow per Share 2 0.1700 0.1500 0.1900 0.2300 0.2200 0.1600
Capex 1 0.02 0.21 0.23 0.03 0 0
Capex / Sales 2.65% 22.2% 34.1% 3.08% 0.2% 0.28%
Announcement Date 12/03/19 15/06/20 30/04/21 12/02/22 01/02/23 22/01/24
1JOD in Million2JOD
Estimates
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