JAZEERA AIRWAYS K.S.C.P. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.118 KWD | -0.18% |
|
-2.78% | -19.51% |
| May. 01 | Transcript : Jazeera Airways K.S.C.P., Q1 2024 Earnings Call, May 01, 2024 | |
| Mar. 04 | Jazeera Airways Announces Chief Executive Officer Changes | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 219.8 | 146 | 283.8 | 418 | 305.6 | 246 | - | - |
| Enterprise Value (EV) 1 | 285 | 243.4 | 376.7 | 527.9 | 305.6 | 405 | 404.9 | 412 |
| P/E ratio | 14.7 x | -5.53 x | 38.8 x | 20.8 x | 49.9 x | 19.1 x | 14.4 x | 13 x |
| Yield | 6.14% | - | 2.48% | 2.63% | - | 3.31% | 3.98% | 5.72% |
| Capitalization / Revenue | 2.12 x | 3.53 x | 3.53 x | 2.3 x | 1.54 x | 1.23 x | 1.1 x | 1.01 x |
| EV / Revenue | 2.75 x | 5.88 x | 4.69 x | 2.9 x | 1.54 x | 2.02 x | 1.81 x | 1.7 x |
| EV / EBITDA | 10.7 x | -42.2 x | 13.7 x | 11.7 x | 9.38 x | 10.4 x | 8.96 x | 7.48 x |
| EV / FCF | 8.96 x | -36.4 x | 9.8 x | 372 x | - | 41.3 x | 23.6 x | 11.5 x |
| FCF Yield | 11.2% | -2.75% | 10.2% | 0.27% | - | 2.42% | 4.23% | 8.68% |
| Price to Book | 5.46 x | 12.2 x | 9.44 x | 11.4 x | - | 8.47 x | 6.65 x | 5.11 x |
| Nbr of stocks (in thousands) | 200,000 | 200,000 | 220,000 | 220,000 | 220,000 | 220,000 | - | - |
| Reference price 2 | 1.099 | 0.7300 | 1.290 | 1.900 | 1.389 | 1.118 | 1.118 | 1.118 |
| Announcement Date | 2/12/20 | 2/22/21 | 2/2/22 | 2/8/23 | 2/6/24 | - | - | - |
1KWD in Million2KWD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 103.7 | 41.37 | 80.4 | 182.1 | 198.1 | 200.6 | 223.9 | 242.8 |
| EBITDA 1 | 26.66 | -5.774 | 27.4 | 45.1 | 32.57 | 38.91 | 45.19 | 55.08 |
| EBIT 1 | 14.25 | -20.68 | 11.74 | 26.84 | 11.76 | 14.2 | 24.29 | 28.21 |
| Operating Margin | 13.74% | -50% | 14.61% | 14.74% | 5.94% | 7.08% | 10.85% | 11.62% |
| Earnings before Tax (EBT) 1 | 15.41 | -26.4 | 7.408 | 21.03 | 6.444 | 13.11 | 17.59 | 19.24 |
| Net income 1 | 14.94 | -26.4 | 7.08 | 20.08 | 6.13 | 12.76 | 16.84 | 19.19 |
| Net margin | 14.41% | -63.82% | 8.81% | 11.03% | 3.09% | 6.36% | 7.52% | 7.9% |
| EPS 2 | 0.0747 | -0.1320 | 0.0333 | 0.0913 | 0.0279 | 0.0585 | 0.0777 | 0.0858 |
| Free Cash Flow 1 | 31.8 | -6.69 | 38.45 | 1.42 | - | 9.817 | 17.13 | 35.78 |
| FCF margin | 30.67% | -16.17% | 47.83% | 0.78% | - | 4.89% | 7.65% | 14.73% |
| FCF Conversion (EBITDA) | 119.31% | - | 140.32% | 3.15% | - | 25.23% | 37.91% | 64.96% |
| FCF Conversion (Net income) | 212.86% | - | 543.06% | 7.07% | - | 76.92% | 101.76% | 186.48% |
| Dividend per Share 2 | 0.0675 | - | 0.0320 | 0.0500 | - | 0.0370 | 0.0445 | 0.0639 |
| Announcement Date | 2/12/20 | 2/22/21 | 2/2/22 | 2/8/23 | 2/6/24 | - | - | - |
1KWD in Million2KWD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 26.7 | 33.12 | 35.74 | 41.87 | 63.2 | 41.3 | 48.33 | 49.53 | 61.05 | 39.18 | 46.36 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | -8.164 | 9.492 | 5.278 | 4.555 | 16.13 | 0.8751 | 3.627 | 5.722 | 8.732 | -6.318 | - |
| Operating Margin | -30.58% | 28.66% | 14.77% | 10.88% | 25.52% | 2.12% | 7.51% | 11.55% | 14.3% | -16.13% | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - |
| Net income 1 | - | 7.01 | 3.844 | 3.546 | 13.38 | -0.683 | 2.317 | 3.955 | 6.999 | -7.141 | -2.698 |
| Net margin | - | 21.16% | 10.76% | 8.47% | 21.16% | -1.65% | 4.79% | 7.99% | 11.46% | -18.23% | -5.82% |
| EPS | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/13/20 | 2/2/22 | 4/26/22 | 8/10/22 | 10/31/22 | 2/8/23 | 5/2/23 | 8/8/23 | 11/7/23 | 2/6/24 | 5/1/24 |
1KWD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 65.2 | 97.4 | 92.9 | 110 | - | 159 | 159 | 166 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.446 x | -16.88 x | 3.39 x | 2.436 x | - | 4.088 x | 3.518 x | 3.014 x |
| Free Cash Flow 1 | 31.8 | -6.69 | 38.5 | 1.42 | - | 9.82 | 17.1 | 35.8 |
| ROE (net income / shareholders' equity) | 38.3% | -101% | 33.7% | 60.3% | - | 29.8% | 44% | 37.6% |
| ROA (Net income/ Total Assets) | 13% | -16% | 3.65% | 8.08% | - | 4.55% | 5.63% | 6.3% |
| Assets 1 | 114.8 | 164.6 | 193.9 | 248.6 | - | 280.5 | 298.9 | 304.5 |
| Book Value Per Share 2 | 0.2000 | 0.0600 | 0.1400 | 0.1700 | - | 0.1300 | 0.1700 | 0.2200 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 4.31 | 1.75 | 6.41 | 59.7 | - | 18.8 | 20.3 | 23.1 |
| Capex / Sales | 4.16% | 4.22% | 7.98% | 32.78% | - | 9.37% | 9.05% | 9.53% |
| Announcement Date | 2/12/20 | 2/22/21 | 2/2/22 | 2/8/23 | 2/6/24 | - | - | - |
1KWD in Million2KWD
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
HOLD
Number of Analysts
5
Last Close Price
1.118
KWD
Average target price
1.269
KWD
Spread / Average Target
+13.51%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -19.51% | 799M | |
| +28.16% | 32.93B | |
| +6.16% | 24.75B | |
| -0.61% | 19.9B | |
| +35.46% | 19B | |
| +25.18% | 16.99B | |
| +42.17% | 13.86B | |
| -12.08% | 12.33B | |
| +15.26% | 10.96B | |
| -1.03% | 10.46B |
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