Palestine Stock Exchange (PEX) Earnings Scan

Transcription

1 Palestine Stock Exchange (PEX) - Earnings Scan Overall Earnings Performance in Sector Market Capitalization $ Contribution Attributable to Shareholders of the Parent $ () Contribution Equity Attributable to Shareholders of the Parent $ () Contribution Banking & Financial Services 981,127, % 75,445, % 736,493, % A g g r e g a t e P E X s D a t a : Total income: $265,080,643 Market Cap: $3,314,548,239 Outstanding Shares: 1,632,744,882 Total Incom e : % A v e r a g e P E : x A v e r a g e P / B V: x Industry 296,707, % 24,616, % 275,539, % Insurance 110,956, % 5,965, % 96,160, % Investment 510,895, % 36,218, % 748,223, % Services 1,414,862, % 122,834, % 1,013,455, % Total 3,314,548, % 265,080, % 2,869,871, % Market indicators Sector PE (x) P/BV (x) $265,080,643 and equity attributable to Profitability ratios are for data. Prices and outstanding as of 1 Banking & Financial Services Industry Insurance Investment Services Overall PEX $221,794,617 Note: This r e p o r t d o e s no t i n c l u d e A I G s d a t a.

2 Banking & Financial Services Sector Assets Liabilities Equity Price BV P/BV EPS ROA ROE Debt Ratio PE AIB 50,000,000 USD 77,500,000 4,129,844 5,201, % 650,593, ,587,989 69,005, % 7.54% 74.02% # of Companies: 8 Total income: $75,455,991 Market Cap: $981,127,098 Outstanding Shares: 501,326,056 Total Incom e : % A v e r a g e P E : x A v e r a g e P / B V: x TNB 75,000,000 USD 108,750,000 4,438,380 5,441, % 820,268, ,449,453 89,819, % 6.06% 89.05% BOP 175,000,000 USD 512,750,000 40,171,813 43,091, % 2,785,203,240 2,479,446, ,998, % 14.13% 89.02% ISBK 50,000,000 USD 72,500,000 7,537,607 10,033, % 675,211, ,905,434 73,305, % 13.69% 89.14% 7.23 PCB 30,026,056 USD 31,227,098 1,198,637 1,394, % 282,896, ,831,927 38,064, % 3.66% 86.54% PIBC 56,300,000 USD 56,300,000 2,829,494 1,721, % 327,770, ,294,770 73,475, % 2.34% 77.58% PSE 10,000,000 USD 49,500, , , % 11,876,356 1,171,021 10,705, % 3.50% 9.86% and equity attributable to QUDS 55,000,000 USD 72,600,000 7,232,904 8,186, % 803,488, ,367,960 77,120, % 10.62% 90.40% 8.87 Profitability ratios are for data. 2

3 Investment Sector Assets Liabilities Equity Price BV P/BV EPS ROA ROE Debt Ratio PE # of Companies: 9 Total income: $36,218,999 APIC 60,000,000 USD 68,400,000 8,178,653 7,159, % 279,314, ,165,753 81,631, % 8.77% 60.21% 9.55 AQARIYA 4,409,558 JOD 4,540,165 (748,768) 14, % 4,416, ,608 3,573, % 0.42% 19.08% Market Cap: $510,895,592 Outstanding Shares: 453,214,791 ARAB 9,452,328 JOD 11,998,722 (406,770) (229,485) 43.58% 10,469, ,442 10,263, (0.024) -2.19% -2.24% 1.97% N/A Total Incom e : % A v e r a g e P E : x A v e r a g e P / B V: x JREI 10,000,000 USD 4,700,000 (966,894) (287,437) 70.27% 13,044,082 5,164,148 7,879, (0.029) -2.20% -3.65% 39.59% N/A PADICO 250,000,000 USD 292,500,000 19,397,000 23,051, % 827,035, ,858, ,416, % 5.19% 33.96% and equity attributable to PID 4,840,419 JOD 7,851, ,704 53, % 3,166,238 52,697 3,113, % 1.72% 1.66% Profitability ratios are for data. PIIC 18,750,000 JOD 51,569,103 2,816,514 3,371, % 50,018,010 11,290,454 30,766, % 10.96% 22.57% PRICO 63,762,486 JOD 58,456,430 (2,388,552) 1,089, % 124,771,634 46,716,383 75,878, % 1.44% 37.44% UCI 32,000,000 USD 10,880, , , % 41,876,594 1,877,431 39,971, % 0.58% 4.48%

4 Industry Sector Assets Liabilities Equity Price BV P/BV EPS ROA ROE Debt Ratio PE APC 1,500,000 JOD 9,520, ,634 1,218, % 4,859,688 1,512,853 3,346, % 36.40% 31.13% 5.54 # of Companies: 13 Total income: $24,616,154 Market Cap: $296,707,374 Outstanding Shares: 112,965,448 Total Incom e : % A v e r a g e P E : x A v e r a g e P / B V: x AZIZA 13,440,000 JOD 49,096,748 2,322,241 3,093, % 31,901,497 7,999,395 23,902, % 12.94% 25.08% BPC 18,502,825 USD 61,984,464 4,139,611 4,885, % 69,123,710 12,604,946 56,202, % 8.69% 18.24% ELECTRODE 750,000 JOD 2,168,547 91,480 90, % 3,316, ,407 3,073, % 2.95% 7.34% GMC 15,000,000 JOD 14,386, ,681 (1,129,819) % 20,691,247 5,662,570 15,053, (0.08) -5.46% -7.51% 27.37% N/A JCC 10,000,000 JOD 10,155,146 (2,491,021) 61, % 40,995,492 17,656,944 20,718, % 0.30% 43.07% JPH 17,060,000 USD 33,608,200 1,749,112 2,810, % 52,047,885 14,658,816 35,300, % 7.96% 28.16% LADAEN 7,000,000 JOD 2,863,187 (494,870) (956,910) % 1,538, , , (0.14) % % 48.57% N/A and equity attributable to Profitability ratios are for data. NAPCO 6,900,000 JOD 7,201, ,783 72, % 23,495,269 13,454,996 10,040, % 0.73% 57.27% NCI 5,000,000 USD 5,250, , , % 6,848,706 1,124,218 5,724, % 8.43% 16.42% VOIC 4,000,000 JOD 54,160,781 4,885,075 5,364, % 24,974,077 1,696,220 23,277, % 23.05% 6.79% 7.16 PHARMACARE 8,462,623 USD 30,465,443 1,403,458 3,007, % 44,799,201 21,110,107 23,689, % 12.70% 47.12% BJP 5,350,000 JOD 15,846, ,735 1,706, % 12,502,721 3,079,042 9,423, % 18.11% 24.63%

5 Services Sector Assets Liabilities Equity Price BV P/BV EPS ROA ROE Debt Ratio PE ABRAJ 11,000,000 USD 12,650, , , % 13,713,922 1,024,463 12,689, % 1.76% 7.47% # of Companies: 12 Total income: $122,834,000 Market Cap: $1,414,862,175 Outstanding Shares: 516,538,587 Total Incom e : % A v e r a g e P E : x A v e r a g e P / B V: x AHC 19,677,158 JOD 21,092,578 (621,079) (984,526) % 30,085,774 12,959,110 17,126, (0.050) -3.27% -5.75% 43.07% N/A ARE 948,890 JOD 374,738 (160,329) (58,825) 63.31% 809, , , (0.062) -7.26% % 49.98% N/A GCOM 5,595,585 USD 503,603 (591,478) (263,056) 55.53% 4,309, ,348 3,475, (0.047) -6.10% -7.57% 19.36% N/A NSC 3,177,813 JOD 4,751,031 2,339 (41,300) % 8,208,098 3,664,265 4,543, (0.013) -0.50% -0.91% 44.64% N/A PALAQAR 2,514,141 JOD 2,163,083 (301,877) (216,571) 28.26% 2,838,957 1,341,020 1,497, (0.086) -7.63% % 47.24% N/A PALTEL 131,625,000 JOD 1,030,350,674 85,068,000 83,060, % 746,333, ,283, ,050, % 15.30% 27.24% 8.80 PEC 60,000,000 USD 72,000,000 1,884,873 13,648, % 106,887,296 15,234,710 91,652, % 14.89% 14.25% 5.28 and equity attributable to Profitability ratios are for data. BRAVO 7,000,000 JOD 14,217,205 (468,141) (542,834) % 17,445,482 9,047,605 8,397, (0.078) -3.11% -6.46% 51.86% N/A RSR 4,000,000 JOD 18,279,264 (116,509) 214, % 15,174,146 2,810,035 12,364, % 1.73% 18.52% WASSEL 13,000,000 USD 11,440,000 (3,128,546) (489,646) 84.35% 31,250,613 21,429,789 7,464, (0.038) -1.57% -6.56% 68.57% N/A WATANIYA 258,000,000 USD 227,040,000 (16,525,607) (5,137,335) 68.91% 247,200, ,497,784 69,703, (0.020) -2.08% -7.37% 71.80% N/A 5

6 Insurance Sector Assets Liabilities Equity Price BV P/BV EPS ROA ROE Debt Ratio PE # of Companies: 7 Total income: $5,965,499 Market Cap: $110,956,000 Outstanding Shares: 48,700,000 AIG 40,000,000 USD 5,600,000 N/A N/A N/A N/A N/A N/A 0.14 N/A N/A N/A N/A N/A N/A N/A GUI 8,000,000 USD 12,560, , , % 47,156,146 34,367,086 12,674, % 5.69% 72.88% MIC 5,200,000 USD 2,496, , , % 30,073,244 22,702,034 2,262, % 13.46% 75.49% 8.20 Total Incom e : % A v e r a g e P E : x A v e r a g e P / B V: x NIC 12,000,000 USD 34,200,000 2,641,147 1,553, % 74,887,224 47,824,889 25,409, % 6.12% 63.86% PICO 5,000,000 USD 8,150,000 2,504, , % 33,788,069 27,733,577 6,054, % 5.82% 82.08% TIC 8,500,000 USD 21,250,000 2,469,507 1,699, % 33,849,734 22,803,922 11,045, % 15.39% 67.37% and equity attributable to Profitability ratios are for data. TRUST 10,000,000 USD 32,300,000 2,362,362 1,334, % 100,378,504 61,664,423 38,714, % 3.45% 61.43% Summation & sector s averages do not include AIG s data. 6

7 Disclaimer This report is not an offer to buy or sell nor a solicitation to buy or sell any of the securities mentioned within. The information contained in this report were prepared using information available to the public and sources Sahem Trading & Investment Co believes to be reliable. Sahem Trading & Investment Co does not guarantee the accuracy of the information contained within this report and accepts no responsibility or liability for losses or damages incurred as a result of investment decisions taken based on information provided or referred to in this report. Any analysis of historical facts and data is for information purposes only and past performance of any company or security is no guarantee or indication of future results. Contact Details Sahem Trading & Investment Co, Ramallah, Palestine P.O.Box 2187 Direct line: or Research@sahem-inv.com Head of Research Majd Khalifeh mkhalifeh@sahem-inv.com Research Analyst Dima Razzouk drazzouk@sahem-inv.com Research Analyst Maha Tarazi mtarazi@sahem-inv.com 7