YAMAMA SAUDI CEMENT COMPANY |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 32.5 SAR | 0.00% |
|
0.00% | -4.83% |
| 05-07 | Yamama Saudi Cement Company Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
| 04-30 | Yamama Cement's Q1 Net Profit Rises, Revenue Drops | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,245 | 5,984 | 5,265 | 5,468 | 6,915 | 6,581 | - | - |
| Enterprise Value (EV) 1 | 6,822 | 7,186 | 6,340 | 6,275 | 8,079 | 7,934 | 8,069 | 8,180 |
| P/E ratio | 20.4 x | 16.5 x | 32.5 x | 15.3 x | 22.8 x | 15.8 x | 16.5 x | 15.8 x |
| Yield | - | 1.69% | - | - | 2.93% | 3.72% | 3.46% | 3.97% |
| Capitalization / Revenue | 6.54 x | 6.8 x | 7.16 x | 5.35 x | 7.39 x | 5.9 x | 5.57 x | 5.32 x |
| EV / Revenue | 8.51 x | 8.17 x | 8.62 x | 6.14 x | 8.64 x | 7.12 x | 6.83 x | 6.61 x |
| EV / EBITDA | 14.1 x | 21.4 x | 36.8 x | 17 x | 18.4 x | 12.4 x | 12.1 x | 11.8 x |
| EV / FCF | -83.3 x | 26.6 x | 40.8 x | 25.3 x | -41.6 x | 40.9 x | 34.6 x | 33.9 x |
| FCF Yield | -1.2% | 3.76% | 2.45% | 3.95% | -2.41% | 2.45% | 2.89% | 2.95% |
| Price to Book | 1.44 x | 1.54 x | 1.23 x | 1.18 x | 1.46 x | 1.36 x | 1.33 x | 1.29 x |
| Nbr of stocks (in thousands) | 202,500 | 202,500 | 202,500 | 202,500 | 202,500 | 202,500 | - | - |
| Reference price 2 | 25.90 | 29.55 | 26.00 | 27.00 | 34.15 | 32.50 | 32.50 | 32.50 |
| Announcement Date | 13/02/20 | 14/02/21 | 20/02/22 | 02/02/23 | 19/02/24 | - | - | - |
1SAR in Million2SAR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 801.9 | 879.9 | 735.8 | 1,023 | 935.2 | 1,115 | 1,181 | 1,237 |
| EBITDA 1 | 482.5 | 336.1 | 172.1 | 368.7 | 438.8 | 641.7 | 669.3 | 691 |
| EBIT 1 | 286.3 | 328.9 | 163.8 | 333.1 | 263.6 | 463.3 | 445 | 464.5 |
| Operating Margin | 35.71% | 37.37% | 22.26% | 32.57% | 28.18% | 41.55% | 37.67% | 37.55% |
| Earnings before Tax (EBT) 1 | 286.3 | 376.3 | 179.1 | 377.8 | 316.3 | 430.5 | 435 | 446.5 |
| Net income 1 | 256.3 | 363.3 | 160.6 | 355.8 | 304.3 | 414.5 | 399 | 418.8 |
| Net margin | 31.97% | 41.29% | 21.83% | 34.79% | 32.53% | 37.17% | 33.78% | 33.85% |
| EPS 2 | 1.270 | 1.790 | 0.8000 | 1.760 | 1.500 | 2.060 | 1.972 | 2.060 |
| Free Cash Flow 1 | -81.9 | 270.2 | 155.2 | 247.8 | -194.3 | 194 | 233.5 | 241.5 |
| FCF margin | -10.21% | 30.7% | 21.09% | 24.23% | -20.78% | 17.4% | 19.77% | 19.52% |
| FCF Conversion (EBITDA) | - | 80.38% | 90.18% | 67.21% | - | 30.23% | 34.89% | 34.95% |
| FCF Conversion (Net income) | - | 74.37% | 96.65% | 69.65% | - | 46.8% | 58.52% | 57.67% |
| Dividend per Share 2 | - | 0.5000 | - | - | 1.000 | 1.210 | 1.125 | 1.290 |
| Announcement Date | 13/02/20 | 14/02/21 | 20/02/22 | 02/02/23 | 19/02/24 | - | - | - |
1SAR in Million2SAR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 182.3 | 221.6 | 209.3 | 253.4 | 338.4 | 283.2 | 218.9 | - | 211.7 | 224.5 | 273.7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | -14.24 | 23.31 | 81.06 | 96.58 | 132.2 | 117.1 | - | - | 20.8 | 58.28 | 117.5 |
| Operating Margin | -7.81% | 10.52% | 38.73% | 38.12% | 39.06% | 41.35% | - | - | 9.82% | 25.95% | 42.94% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | -11.93 | 29.62 | 90.7 | 101.3 | 134.2 | 112.4 | 98.31 | 210.7 | 40.78 | 52.76 | 115 |
| Net margin | -6.54% | 13.37% | 43.34% | 39.99% | 39.64% | 39.7% | 44.9% | - | 19.26% | 23.5% | 42.03% |
| EPS 2 | -0.0500 | - | - | 0.5000 | 0.6700 | 0.5600 | 0.4900 | - | 0.2000 | 0.2600 | 0.5700 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 20/02/22 | 21/04/22 | 26/07/22 | 24/10/22 | 02/02/23 | 09/05/23 | 08/08/23 | 08/08/23 | 23/10/23 | 19/02/24 | 30/04/24 |
1SAR in Million2SAR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 1,577 | 1,202 | 1,075 | 808 | 1,164 | 1,353 | 1,488 | 1,599 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.269 x | 3.577 x | 6.243 x | 2.19 x | 2.652 x | 2.109 x | 2.223 x | 2.314 x |
| Free Cash Flow 1 | -81.9 | 270 | 155 | 248 | -194 | 194 | 234 | 242 |
| ROE (net income / shareholders' equity) | 7.31% | 9.65% | 3.91% | 7.97% | 6.48% | 8.7% | 8.05% | 8.15% |
| ROA (Net income/ Total Assets) | - | 6.54% | - | - | 4.74% | 6.6% | 5.05% | 5.15% |
| Assets 1 | - | 5,555 | - | - | 6,417 | 6,280 | 7,901 | 8,131 |
| Book Value Per Share 2 | 18.00 | 19.20 | 21.20 | 23.00 | 23.40 | 23.80 | 24.50 | 25.10 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 466 | 397 | 314 | 270 | 281 | 475 | 432 | 409 |
| Capex / Sales | 58.07% | 45.08% | 42.72% | 26.45% | 30.05% | 42.56% | 36.57% | 33.02% |
| Announcement Date | 13/02/20 | 14/02/21 | 20/02/22 | 02/02/23 | 19/02/24 | - | - | - |
1SAR in Million2SAR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
32.5
SAR
Average target price
37.34
SAR
Spread / Average Target
+14.90%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.83% | 1.75B | |
| +19.45% | 49.44B | |
| +1.77% | 16.58B | |
| -16.02% | 13.4B | |
| -4.66% | 11.83B | |
| -0.57% | 8.06B | |
| +105.28% | 7.42B | |
| +6.72% | 7.33B | |
| +35.51% | 7.29B | |
| -18.86% | 6.47B |
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