Financials Tamdeen Real Estate Company - KPSC

Equities

TAM

KW0EQ0400675

Real Estate Development & Operations

End-of-day quote Kuwait S.E. 23:00:00 24/04/2024 BST 5-day change 1st Jan Change
0.399 KWD 0.00% Intraday chart for Tamdeen Real Estate Company - KPSC 0.00% +11.14%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 146.9 134.3 112.9 141.7 154.5 144.1
Enterprise Value (EV) 1 403.1 385 348.4 364 296.3 271.4
P/E ratio 26 x 17 x -8.83 x 12 x 9.87 x 9.18 x
Yield 2.86% 1.56% - 2.95% 3.24% 5.01%
Capitalization / Revenue 5.06 x 3.3 x 10.3 x 4.11 x 3.62 x 3.15 x
EV / Revenue 13.9 x 9.45 x 31.7 x 10.6 x 6.94 x 5.93 x
EV / EBITDA 23.4 x 16.4 x -1,570 x 17 x 10.4 x 8.51 x
EV / FCF -5.04 x -5.57 x 3.31 x 8.4 x 11.7 x 10.4 x
FCF Yield -19.8% -18% 30.2% 11.9% 8.56% 9.64%
Price to Book 0.97 x 0.66 x 0.7 x 0.7 x 0.66 x 0.63 x
Nbr of stocks (in thousands) 419,626 418,483 418,136 417,849 417,694 401,498
Reference price 2 0.3500 0.3210 0.2700 0.3390 0.3700 0.3590
Announcement Date 25/03/19 15/03/20 18/03/21 16/03/22 19/03/23 13/03/24
1KWD in Million2KWD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 29 40.76 10.98 34.44 42.68 45.75
EBITDA 1 17.26 23.41 -0.222 21.37 28.57 31.91
EBIT 1 17.02 23.06 -2.015 19.55 26.33 29.92
Operating Margin 58.7% 56.58% -18.35% 56.78% 61.69% 65.4%
Earnings before Tax (EBT) 1 8.729 11.73 -17.76 13.78 21.66 22.49
Net income 1 5.434 7.619 -12.29 11.39 15.05 15.71
Net margin 18.74% 18.69% -111.95% 33.08% 35.26% 34.34%
EPS 2 0.0135 0.0189 -0.0306 0.0284 0.0375 0.0391
Free Cash Flow 1 -79.92 -69.16 105.2 43.31 25.37 26.16
FCF margin -275.62% -169.68% 958.4% 125.76% 59.45% 57.18%
FCF Conversion (EBITDA) - - - 202.66% 88.79% 81.99%
FCF Conversion (Net income) - - - 380.12% 168.62% 166.53%
Dividend per Share 2 0.0100 0.005000 - 0.0100 0.0120 0.0180
Announcement Date 25/03/19 15/03/20 18/03/21 16/03/22 19/03/23 13/03/24
1KWD in Million2KWD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 256 251 236 222 142 127
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 14.85 x 10.71 x -1,061 x 10.4 x 4.962 x 3.988 x
Free Cash Flow 1 -79.9 -69.2 105 43.3 25.4 26.2
ROE (net income / shareholders' equity) 3.79% 4.11% -6.01% 4.65% 6.11% 5.93%
ROA (Net income/ Total Assets) 2% 2.41% -0.21% 2.06% 2.72% 3.25%
Assets 1 271.8 315.7 5,893 553.7 552.3 483.8
Book Value Per Share 2 0.3600 0.4900 0.3800 0.4800 0.5600 0.5700
Cash Flow per Share 2 0.0400 0.0200 0.0700 0.0800 0.0900 0.0700
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 25/03/19 15/03/20 18/03/21 16/03/22 19/03/23 13/03/24
1KWD in Million2KWD
Estimates
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