Company Valuation: Riyadh Cement Company

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,960 3,816 4,104 3,870 2,842 2,236 - -
Change - -3.64% 7.55% -5.7% -26.57% -21.33% - -
Enterprise Value (EV) 3,960 3,816 4,104 3,870 2,842 2,236 2,236 2,236
Change - -3.64% 7.55% -5.7% -26.57% -21.33% 0% 0%
P/E 18.8x 20.1x 21.8x 12.5x 13.8x 9.75x 9.51x 9.13x
PBR - - - 2.17x - 1.28x 1.23x 1.25x
PEG - -2x -34.44x 0.2x -0.4x 0.9x 3.63x 2.24x
Capitalization / Revenue 5.9x 6.38x 6.38x 4.9x - 2.82x 2.61x 2.51x
EV / Revenue 0x 0x 0x 0x - 2.82x 2.61x 2.51x
EV / EBITDA 0x 0x 0x 0x - 6.77x 6.37x 5.99x
EV / EBIT - 0x - 0x - 9.35x 9.26x 7.23x
EV / FCF - 0x - 0x - 11.9x 11.6x 9.47x
FCF Yield - 6.54% - 8.85% - 8.41% 8.59% 10.6%
Dividend per Share 2 1.75 1.5 1.55 2.25 2.25 1.6 1.625 1.625
Rate of return 5.3% 4.72% 4.53% 6.98% 9.5% 8.59% 8.72% 8.72%
EPS 2 1.76 1.58 1.57 2.59 1.72 1.91 1.96 2.04
Distribution rate 99.4% 94.9% 98.7% 86.9% 131% 83.8% 82.9% 79.7%
Net sales 1 671.1 598 643.4 789.4 - 792 856 891.5
EBITDA 1 318.8 298.3 307.7 403.4 - 330 351 373
EBIT 1 - 201.9 - 296.8 - 239 241.5 309
Net income 1 211.6 189.8 188.8 310.4 208 229 233 245
Net Debt - - - - - - - -
Reference price 2 33.00 31.80 34.20 32.25 23.68 18.63 18.63 18.63
Nbr of stocks (in thousands) 120,000 120,000 120,000 120,000 120,000 120,000 - -
Announcement Date 31/03/22 23/03/23 18/03/24 19/03/25 09/03/26 - - -
1SAR in Million2SAR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.75x - - 8.59% 595M
19.09x2.11x10.53x1.62% 63.07B
20.25x2.71x10.74x2.57% 49.44B
38.47x3.77x20.08x1.01% 39.11B
40.76x6.32x19.74x0.65% 36.85B
32.68x5.01x16.79x0.72% 36.29B
13.56x1.61x7.49x2.25% 33.99B
73.98x4.57x70.81x0.31% 23.14B
18.71x2.13x8.78x1.13% 22.56B
16.01x4.32x8.49x4.68% 16.67B
Average 28.33x 3.62x 19.27x 2.35% 32.17B
Weighted average by Cap. 28.80x 3.46x 17.28x 1.59%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Riyadh Cement Company

Historical PBR trend

Valuation ratios - PBR - Riyadh Cement Company

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Riyadh Cement Company

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Riyadh Cement Company


Year-on-year evolution of the Yield

Valuation ratios - Yield - Riyadh Cement Company
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