Company Valuation: Saudi Cable Company

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,073 703.9 381.4 381.7 674 934.2
Change - -34.39% -45.82% 0.08% 76.57% 38.61%
Enterprise Value (EV) 1 1,574 1,164 827.3 484.5 768.9 1,114
Change - -26.05% -28.93% -41.44% 58.72% 44.83%
P/E -19.5x -3.62x -0.66x 10.4x 13.8x 4.63x
PBR 3.72x 8.4x -0.77x -0.82x -1.61x -4.36x
PEG - -0x -0x -0x 0.4x 0x
Capitalization / Revenue 2.91x 4.38x 5.23x 12.4x 15.3x 5.99x
EV / Revenue 4.27x 7.25x 11.3x 15.8x 17.4x 7.14x
EV / EBITDA -11.8x -10.9x -4.49x -10.3x -11.5x -12.1x
EV / EBIT -9.37x -8.46x -3.97x -7.45x -9.55x -10.7x
EV / FCF -9.6x 17.8x 2.12x 2.63x 24.5x -2.94x
FCF Yield -10.4% 5.62% 47.2% 38% 4.08% -34%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -8.244 -29.12 -86.99 5.478 7.307 30.26
Distribution rate - - - - - -
Net sales 1 368.8 160.6 72.93 30.68 44.08 156
EBITDA 1 -133 -106.8 -184 -47.05 -66.81 -91.76
EBIT 1 -168 -137.5 -208.3 -65.07 -80.52 -104.5
Net income 1 -55.01 -194.3 -580.5 36.56 48.76 201.9
Net Debt 1 501.1 460.1 445.9 102.8 94.98 179.4
Reference price 2 160.77 105.48 57.15 57.20 101.00 140.00
Nbr of stocks (in thousands) 6,673 6,673 6,673 6,673 6,673 6,673
Announcement Date 07/04/21 17/05/22 04/12/23 13/05/24 15/04/25 08/04/26
1SAR in Million2SAR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 332M
26.26x1.7x13.37x0.83% 41.52B
35.39x6.41x27.37x - 8.09B
19.31x0.99x8.27x2.29% 6.94B
14.42x0.37x5.92x0.84% 6.08B
18.67x2.22x12.61x1.59% 5.66B
51.93x3.81x36.94x0.12% 4.91B
58.69x2x37.54x - 4.69B
Average 32.10x 2.50x 20.29x 1.13% 9.78B
Weighted average by Cap. 28.68x 2.21x 16.68x 1%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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