Reported Earnings • May 06
First quarter 2026 earnings released: EPS: د.إ0.22 (vs د.إ0.042 in 1Q 2025) First quarter 2026 results: EPS: د.إ0.22 (up from د.إ0.042 in 1Q 2025). Revenue: د.إ18.8b (up 7.9% from 1Q 2025). Net income: د.إ2.24b (up 437% from 1Q 2025). Profit margin: 12% (up from 2.4% in 1Q 2025). Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 5.5% decline forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Announcement • Apr 25
Alpha Dhabi Holding PJSC to Report Q1, 2026 Results on May 04, 2026 Alpha Dhabi Holding PJSC announced that they will report Q1, 2026 results on May 04, 2026 Announcement • Mar 23
Alpha Dhabi Holding PJSC(ADX:ALPHADHABI) dropped from FTSE All-World Index (USD) Alpha Dhabi Holding PJSC(ADX:ALPHADHABI) dropped from FTSE All-World Index (USD) Announcement • Feb 24
Alpha Dhabi Holding PJSC, Annual General Meeting, Mar 30, 2026 Alpha Dhabi Holding PJSC, Annual General Meeting, Mar 30, 2026, at 15:00 Arabian Standard Time. Location: abu dhabi United Arab Emirates New Risk • Feb 12
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 11
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: د.إ0.79 (down from د.إ0.88 in FY 2024). Revenue: د.إ78.8b (up 24% from FY 2024). Net income: د.إ8.01b (down 8.8% from FY 2024). Profit margin: 10% (down from 14% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 65%. Revenue is forecast to grow 3.7% p.a. on average during the next 2 years, while revenues in the Industrials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings. Announcement • Feb 11
Alpha Dhabi Holding PJSC announces Annual dividend Alpha Dhabi Holding PJSC announced Annual dividend of AED 0.2000 per share, ex-date on March 25, 2026 and record date on March 26, 2026. New Risk • Jan 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.2% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (4.9% average weekly change). Profit margins are more than 30% lower than last year (8.9% net profit margin). Announcement • Dec 11
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Mubadala Investment Company PJSC acquired European Direct Lending portfolio of Apollo Global Management, Inc. (NYSE:APO). Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Mubadala Investment Company PJSC acquired European Direct Lending portfolio of Apollo Global Management, Inc. (NYSE:APO) on December 9, 2025.
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Mubadala Investment Company PJSC completed the acquisition of European Direct Lending portfolio of Apollo Global Management, Inc. (NYSE:APO) on December 9, 2025. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to د.إ10.42, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 10x in the Industrials industry in Asia. Total loss to shareholders of 60% over the past three years. New Risk • Dec 06
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.2% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (8.9% net profit margin). Buy Or Sell Opportunity • Nov 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to د.إ8.70. The fair value is estimated to be د.إ11.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has declined by 11%. Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: د.إ0.21 (vs د.إ0.34 in 3Q 2024) Third quarter 2025 results: EPS: د.إ0.21 (down from د.إ0.34 in 3Q 2024). Revenue: د.إ19.1b (up 28% from 3Q 2024). Net income: د.إ2.13b (down 37% from 3Q 2024). Profit margin: 11% (down from 22% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 02
Second quarter 2025 earnings released: EPS: د.إ0.29 (vs د.إ0.094 in 2Q 2024) Second quarter 2025 results: EPS: د.إ0.29 (up from د.إ0.094 in 2Q 2024). Revenue: د.إ18.4b (up 22% from 2Q 2024). Net income: د.إ2.92b (up 212% from 2Q 2024). Profit margin: 16% (up from 6.2% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Announcement • Jul 29
Alpha Dhabi Holding PJSC to Report First Half, 2025 Results on Jul 31, 2025 Alpha Dhabi Holding PJSC announced that they will report first half, 2025 results on Jul 31, 2025 Announcement • Jun 27
Methanex Corporation (TSX:MX) completed the acquisition of OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC. Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.1 billion on September 8, 2024. A cash consideration of $1.15 billion will be paid by Methanex Corporation subject to customary closing adjustments, 9.9 million common equity of Methanex Corporation to be issued and and the assumption of $450 million in debt and leases. Under the definitive agreement with OCI, the approximate $2.05 billion purchase price will consist of $1.18 billion in cash, the issuance of 9.9 million common shares of Methanex valued at $450 million (based on a $45 per share price) and the assumption of approximately $450 million in debt and leases. Purchase price consideration of $2.05 billion on a cash-free and debt-free basis following a competitive process. OCI is expected to become an approximately 13% shareholder, and the second largest shareholder in Methanex following the Transaction. Acquisition expected to be immediately accretive to free cash flow per share. The transaction reflects TEV/EBITDA multiple of 7.5x. Methanex intends to fund the cash consideration of the transaction through a combination of cash on hand and new debt issuance. Following the announcement of the sale of OCI Methanol, OCI repurchased its 11% and 4% minority stakes in OCI Methanol from Alpha Dhabi Holding PJSC and ADQ, respectively. The Company has obtained a fully committed debt financing package from Royal Bank of Canada to support the transaction. Proceeds from the Transaction will be prioritized to significantly reduce OCI holding company gross debt and to return capital to shareholders. OCI holds 85% stake, and Alpha Dhabi Holding and ADQ holds 15% stake in OCI Methanol. Net proceeds to OCI expected to be approximately $1.2 billion after adjusting for net indebtedness, payments to minority interest holders (ADH/ADQ), outstanding gas hedges and other adjustments.
The Transaction is expected to close in the first half of 2025 subject to satisfaction of certain regulatory approvals, customary closing conditions, and other closing conditions including TSX approval for the issuance of Methanex shares to OCI and receipt of OCI shareholder approval. The transaction has been approved by the boards of directors of both companies. An agreement to vote for the Transaction has been signed by the largest shareholder of OCI with an interest of approximately 39% in the Company. As on October 29, 2024, Methanex announced the successful syndication of acquisition financing to support the earlier announced agreement to acquire OCI Global’s international methanol business (“OCI Acquisition”) for $2.05 billion. The new financing arrangements are with a syndicate of highly rated financial institutions and include, up to $650 million in Term Loan A commitments which can be drawn upon closing of the OCI Acquisition. The Term Loan A carries a variable interest rate and is split between three and four-year tenors that can be flexibly repaid to support de-levering, $600 million in revolving credit facility commitments, split between a $400 million tranche which will have a renewed five-year tenor and a $200 million tranche with a three-year tenor, both from closing of the OCI Acquisition. This new facility will replace the Company’s existing $500 million facility which remains available until transaction closing. Both the Term Loan A and new revolving credit facility include financial covenants consistent with the Company’s existing credit facilities. The syndication banks continue to underwrite the remaining bridge facility of $525 million. As of May 14, 2025, European Commission had approved the acquisition on May 14, 2025. As of June 12, 2025, All regulatory approvals required for the closing of the Transaction have been obtained. The transaction is now expected to complete on June 27, 2025.
Morgan Stanley & Co. International plc is serving as financial advisor and Romain Dambre, Andrew Schoorlemmer, Oliver Bacon and Tim Stevens of A&O Shearman is acting as legal advisor to OCI. Methanex’s financial advisors for the transaction were Deutsche Bank and RBC Capital Markets. McCarthy Tétrault LLP, Baker McKenzie LLP, Loyens & Loeff N.V. and Reed Smith LLP acted as legal counsel for Methanex. Deutsche Bank and RBC Capital Markets provided fairness opinions to Methanex’s Board of Directors. Andrew Bab, Jennifer Chu of Debevoise & Plimpton LLP represented Deutsche Bank as financial advisor to Methanex Corporation. Stikeman Elliott LLP acted as legal advisor to OCI N.V. (ENXTAM:OCI).
Methanex Corporation (TSX:MX) completed the acquisition of OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC on June 27, 2025. New Risk • Jun 25
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.2% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (8.8% net profit margin). Reported Earnings • May 06
First quarter 2025 earnings released: EPS: د.إ0.04 (vs د.إ0.34 in 1Q 2024) First quarter 2025 results: EPS: د.إ0.04 (down from د.إ0.34 in 1Q 2024). Revenue: د.إ17.4b (up 23% from 1Q 2024). Net income: د.إ468.8m (down 86% from 1Q 2024). Profit margin: 2.7% (down from 24% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Industrials industry in Asia. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Announcement • May 01
Alpha Dhabi Holding PJSC to Report Q1, 2025 Results on May 02, 2025 Alpha Dhabi Holding PJSC announced that they will report Q1, 2025 results on May 02, 2025 Buy Or Sell Opportunity • Apr 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to د.إ10.90. The fair value is estimated to be د.إ13.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are forecast to decline by 14% per annum over the same time period. Buy Or Sell Opportunity • Apr 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.8% to د.إ11.00. The fair value is estimated to be د.إ13.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are forecast to decline by 14% per annum over the same time period. Buy Or Sell Opportunity • Mar 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.8% to د.إ10.68. The fair value is estimated to be د.إ13.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 9.4%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are forecast to decline by 14% per annum over the same time period. New Risk • Mar 02
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 24% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 14% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin). Buy Or Sell Opportunity • Feb 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.7% to د.إ11.00. The fair value is estimated to be د.إ13.80, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are forecast to decline by 11% per annum over the same time period. Buy Or Sell Opportunity • Feb 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.6% to د.إ10.90. The fair value is estimated to be د.إ13.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are forecast to decline by 11% per annum over the same time period. Buy Or Sell Opportunity • Jan 29
Now 20% undervalued Over the last 90 days, the stock has risen 3.4% to د.إ11.58. The fair value is estimated to be د.إ14.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 6.7% per annum. Earnings are forecast to decline by 11% per annum over the same time period. New Risk • Nov 21
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (15% net profit margin). Reported Earnings • Nov 02
Third quarter 2024 earnings released: EPS: د.إ0.33 (vs د.إ0.088 in 3Q 2023) Third quarter 2024 results: EPS: د.إ0.33 (up from د.إ0.088 in 3Q 2023). Revenue: د.إ14.9b (up 45% from 3Q 2023). Net income: د.إ3.35b (up 282% from 3Q 2023). Profit margin: 22% (up from 8.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Announcement • Oct 02
Abu Dhabi Developmental Holding Company PJSC completed the acquisition of 49% stake in Alpha Dhabi Construction Holding LLC from Alpha Dhabi Holding PJSC (ADX:ALPHADHABI). Abu Dhabi Developmental Holding Company PJSC agreed to acquire 49% stake in Alpha Dhabi Construction Holding LLC from Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) on April 16, 2024. Alpha Dhabi Holding will retain 51% shareholding in Alpha Dhabi Construction Holding. The transaction is subject to customary closing conditions, including regulatory approvals. As of June 10, 2024, Alpha Dhabi Holding shareholders approved the deal. Naji Hawayek, Krishen Patel and Matthew Gearing of Clyde & Co. acted as legal advisor for Alpha Dhabi Holding PJSC.
Abu Dhabi Developmental Holding Company PJSC completed the acquisition of 49% stake in Alpha Dhabi Construction Holding LLC from Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) on October 1, 2024. Announcement • Sep 10
Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.02 billion. Methanex Corporation (TSX:MX) entered into a definitive agreement to acquire OCI Methanol group from OCI N.V. (ENXTAM:OCI), Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC for $2.02 billion on September 8, 2024. A cash consideration of $1.15 billion will be paid by Methanex Corporation, 9.9 million common equity of Methanex Corporation to be issued and and the assumption of $450 million in debt and leases. Purchase price consideration of $2.05 billion on a cash-free and debt-free basis following a competitive process. OCI is expected to become an approximately 13% shareholder, and the second largest shareholder in Methanex following the Transaction. Acquisition expected to be immediately accretive to free cash flow per share. The transaction reflects TEV/EBITDA multiple of 7.5x. Methanex intends to fund the cash consideration of the transaction through a combination of cash on hand and new debt issuance. The Company has obtained a fully committed debt financing package from Royal Bank of Canada to support the transaction. Proceeds from the Transaction will be prioritized to significantly reduce OCI holding company gross debt and to return capital to shareholders. OCI holds 85% stake, and Alpha Dhabi Holding and ADQ holds 15% stake in OCI Methanol.
The Transaction is expected to close in the first half of 2025 subject to satisfaction of certain regulatory approvals, customary closing conditions, and other closing conditions including TSX approval for the issuance of Methanex shares to OCI and receipt of OCI shareholder approval. The transaction has been approved by the boards of directors of both companies. An agreement to vote for the Transaction has been signed by the largest shareholder of OCI with an interest of approximately 39% in the Company.
Morgan Stanley & Co. International plc is serving as financial advisor and A&O Shearman is acting as legal advisor to OCI. Methanex’s financial advisors for the transaction were Deutsche Bank and RBC Capital Markets. McCarthy Tétrault LLP, Baker McKenzie LLP, Loyens & Loeff N.V. and Reed Smith LLP acted as legal counsel for Methanex. Deutsche Bank and RBC Capital Markets provided fairness opinions to Methanex’s Board of Directors. Andrew Bab, Jennifer Chu of Debevoise & Plimpton LLP represented Deutsche Bank as financial advisor to Methanex Corporation. Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: د.إ0.094 (vs د.إ0.23 in 2Q 2023) Second quarter 2024 results: EPS: د.إ0.094 (down from د.إ0.23 in 2Q 2023). Revenue: د.إ15.1b (up 62% from 2Q 2023). Net income: د.إ937.6m (down 59% from 2Q 2023). Profit margin: 6.2% (down from 25% in 2Q 2023). New Risk • Aug 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Emirian stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (16% net profit margin). Buy Or Sell Opportunity • Jul 30
Now 21% overvalued Over the last 90 days, the stock has fallen 7.8% to د.إ12.82. The fair value is estimated to be د.إ10.62, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 11%. Announcement • Jul 27
Alpha Dhabi Holding PJSC to Report Q2, 2024 Results on Jul 31, 2024 Alpha Dhabi Holding PJSC announced that they will report Q2, 2024 results on Jul 31, 2024 Valuation Update With 7 Day Price Move • May 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to د.إ11.68, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 22x in the Industrials industry in United Arab Emirates. Total loss to shareholders of 38% over the past year. Reported Earnings • May 07
First quarter 2024 earnings released: EPS: د.إ0.33 (vs د.إ0.66 in 1Q 2023) First quarter 2024 results: EPS: د.إ0.33 (down from د.إ0.66 in 1Q 2023). Revenue: د.إ14.2b (up 11% from 1Q 2023). Net income: د.إ3.39b (down 49% from 1Q 2023). Profit margin: 24% (down from 52% in 1Q 2023). Reported Earnings • Feb 14
Full year 2023 earnings released: EPS: د.إ1.06 (vs د.إ0.73 in FY 2022) Full year 2023 results: EPS: د.إ1.06 (up from د.إ0.73 in FY 2022). Revenue: د.إ45.4b (up 13% from FY 2022). Net income: د.إ10.7b (up 47% from FY 2022). Profit margin: 24% (up from 18% in FY 2022). Announcement • Nov 04
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired 95% stake in Monterock Investments Nedafushi Maldives Private Limited for AED 26.35 million. Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired 95% stake in Monterock Investments Nedafushi Maldives Private Limited for AED 26.35 million on May 2, 2023.Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) completed the acquisition of 95% stake in Monterock Investments Nedafushi Maldives Private Limited on May 2, 2023. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: د.إ0.08 (vs د.إ0.045 in 3Q 2022) Third quarter 2023 results: EPS: د.إ0.08 (up from د.إ0.045 in 3Q 2022). Revenue: د.إ10.3b (up 8.1% from 3Q 2022). Net income: د.إ877.7m (up 93% from 3Q 2022). Profit margin: 8.5% (up from 4.8% in 3Q 2022). Announcement • Oct 26
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired 51% stake in NTS Group. Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired 51% stake in NTS Group on October 25, 2023.Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) completed the acquisition of 51% stake in NTS Group on October 25, 2023. Announcement • Sep 26
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) signed an agreement to acquire Majority stake in Metito Holdings Limited from Gulf Capital Limited, Mitsubishi Corporation (TSE:8058) and Mitsubishi Heavy Industries, Ltd. (TSE:7011). Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) signed an agreement to acquire Majority stake in Metito Holdings Limited from Gulf Capital Limited, Mitsubishi Corporation (TSE:8058) and Mitsubishi Heavy Industries, Ltd. (TSE:7011) on September 25, 2023. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: د.إ0.23 (vs د.إ0.43 in 2Q 2022) Second quarter 2023 results: EPS: د.إ0.23 (down from د.إ0.43 in 2Q 2022). Revenue: د.إ9.37b (up 4.5% from 2Q 2022). Net income: د.إ2.30b (down 47% from 2Q 2022). Profit margin: 25% (down from 48% in 2Q 2022). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to د.إ20.70, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 13x in the Industrials industry in United Arab Emirates. Total loss to shareholders of 17% over the past year. Reported Earnings • May 07
First quarter 2023 earnings released: EPS: د.إ0.65 (vs د.إ0.20 in 1Q 2022) First quarter 2023 results: EPS: د.إ0.65 (up from د.إ0.20 in 1Q 2022). Revenue: د.إ12.8b (up 57% from 1Q 2022). Net income: د.إ6.58b (up 234% from 1Q 2022). Profit margin: 52% (up from 24% in 1Q 2022). Reported Earnings • Mar 04
Full year 2022 earnings released: EPS: د.إ0.73 (vs د.إ0.45 in FY 2021) Full year 2022 results: EPS: د.إ0.73 (up from د.إ0.45 in FY 2021). Revenue: د.إ40.0b (up 113% from FY 2021). Net income: د.إ7.34b (up 131% from FY 2021). Profit margin: 18% (up from 17% in FY 2021). Buying Opportunity • Jan 05
Now 21% undervalued Over the last 90 days, the stock is up 9.1%. The fair value is estimated to be د.إ33.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Announcement • Dec 09
Monterock International Limited and Alpha Dhabi Holding PJSC (ADX : ALPHADHABI) acquired an unknown minority stake in Nammos Mykonos Ltd. Monterock International Limited and Alpha Dhabi Holding PJSC (ADX : ALPHADHABI) acquired an unknown minority stake in Nammos Mykonos Ltd. on December 8, 2022.Monterock International Limited and Alpha Dhabi Holding PJSC (ADX : ALPHADHABI) completed the acquisition of an unknown minority stake in Nammos Mykonos Ltd. on December 8, 2022. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Nov 04
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired a 25% stake in Gordon Technologies, L.L.C. from Pelican Energy Partners LP, management team and founder of Gordon Technologies for approximately AED 600 million. Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired a 25% stake in Gordon Technologies, L.L.C. from Pelican Energy Partners LP, management team and founder of Gordon Technologies for approximately AED 600 million on November 2, 2022. Founder will remain as part of the Gordon Technologies post transaction. Chimera Capital acted as sole financial advisor to Alpha Dhabi Holding on the transaction.
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) completed the acquisition of a 25% stake in Gordon Technologies, L.L.C. from Pelican Energy Partners LP, management team and founder of Gordon Technologies on November 2, 2022. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 19% share price gain to د.إ28.98, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 22x in the Industrials industry in United Arab Emirates. Total returns to shareholders of 13% over the past year. Reported Earnings • Nov 03
Third quarter 2022 earnings released Third quarter 2022 results: EPS: د.إ0.05. Net income: د.إ454.7m (up د.إ454.7m from 3Q 2021). Announcement • Oct 05
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired 20% stake in International Energy Holding. Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired 20% stake in International Energy Holding on October 4, 2022. The transaction was Completed post obtaining of all regulatory approvals.
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) completed the acquisition of 20% stake in International Energy Holding on October 4, 2022. Reported Earnings • Aug 03
Second quarter 2022 earnings released: EPS: د.إ0.42 (vs د.إ0.41 in 2Q 2021) Second quarter 2022 results: EPS: د.إ0.42 (up from د.إ0.41 in 2Q 2021). Revenue: د.إ9.00b (up د.إ7.98b from 2Q 2021). Net income: د.إ4.19b (up د.إ4.09b from 2Q 2021). Profit margin: 47% (up from 9.9% in 2Q 2021). Announcement • Jun 29
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired additional unknown minority stake ldar Properties PJSC (ADX:ALDAR). Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired additional unknown minority stake in ldar Properties PJSC (ADX:ALDAR) on June 28, 2022. Transaction has been completed after getting necessary approvals.
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) completed the acquisition of additional unknown minority stake in ldar Properties PJSC (ADX:ALDAR) on June 28, 2022. Reported Earnings • May 03
First quarter 2022 earnings released First quarter 2022 results: EPS: د.إ0.20. Revenue: د.إ8.17b (up د.إ7.15b from 1Q 2021). Net income: د.إ1.97b (up د.إ1.87b from 1Q 2021). Profit margin: 24% (up from 9.9% in 1Q 2021). The increase in margin was driven by higher revenue. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Mar 16
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: د.إ18.8b (up 398% from FY 2020). Net income: د.إ3.18b (up د.إ2.96b from FY 2020). Profit margin: 17% (up from 5.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Announcement • Feb 08
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC signed an agreement to acquire a 15% stake in OCI Methanol group from OCI N.V. (ENXTAM:OCI) for approximately $380 million. Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) and Abu Dhabi Developmental Holding Company PJSC signed an agreement to acquire a 15% stake in OCI Methanol group from OCI N.V. (ENXTAM:OCI) for approximately $380 million on February 7, 2022. As a part of agreement, OCI Methanol Group will be incorporated as an ADGM company in Abu Dhabi. Announcement • Jan 06
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired 25.24% stake in Al Qudra Holding PJSC (ADX:ALQUDRA). Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired 25.24% stake in Al Qudra Holding PJSC (ADX:ALQUDRA) on January 4, 2022.
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) completed the acquisition of 25.24% stake in Al Qudra Holding PJSC (ADX:ALQUDRA) on January 4, 2022. Announcement • Jan 04
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired Sogno Two Sole Proprietorship LLC and Sogno Three Sole Proprietorship LLC and Sublime Two Sole Proprietorship LLC. Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquired Sogno Two Sole Proprietorship LLC and Sogno Three Sole Proprietorship LLC and Sublime Two Sole Proprietorship LLC on January 3, 2022. As a result of transaction, Alpha Dhabi Holding PJSC indirectly holds 29.8% stake in Aldar Properties PJSC.
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) completed the acquisition of Sogno Two Sole Proprietorship LLC and Sogno Three Sole Proprietorship LLC and Sublime Two Sole Proprietorship LLC on January 3, 2022. Announcement • Sep 29
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquire 95% stake in Emirates Gateway Security Services LLC. Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) acquire 95% stake in Emirates Gateway Security Services LLC on September 27, 2021.
Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) completed the acquisition of 95% stake in Emirates Gateway Security Services LLC on September 27, 2021. 