Drake and Scull International P.J.S.C Valuation

Q: What is the Fair Price of DSI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

DSI (AED0.35) is trading above our estimate of [[fair value]] (AED0.01)

Is DSI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DSI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DSI (AED0.35) is trading above our estimate of fair value (AED0.01)

Significantly Below Fair Value: DSI is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DSI?

Key metric: As DSI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DSI. This is calculated by dividing DSI's market cap by their current earnings.
What is DSI's PE Ratio?
PE Ratio	0.3x
Earnings	د.إ3.60b
Market Cap	د.إ1.02b

DSI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	4.5x
Enterprise Value/EBITDA	-12.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does DSI's PE Ratio compare to its peers?

The above table shows the PE ratio for DSI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	13x
OC Orascom Construction	5.6x	2.5%	US$705.6m
NMDC NMDC Group PJSC	7.3x	2.3%	د.إ20.5b
HH Hily Holding PJSC	28.5x	n/a	د.إ322.8m
RAKCEC R.A.K. Ceramics P.J.S.C	10.4x	2.8%	د.إ2.4b
DSI Drake and Scull International P.J.S.C	0.3x	n/a	د.إ1.0b

Price-To-Earnings vs Peers: DSI is good value based on its Price-To-Earnings Ratio (0.3x) compared to the peer average (13x).

Price to Earnings Ratio vs Industry

How does DSI's PE Ratio compare vs other companies in the Asian Construction Industry?

28 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	14.8x	15.0%
DSI Drake and Scull International P.J.S.C	0.3x	n/a	US$277.30m

28 Companies		Estimated Growth	Market Cap
Industry Avg.	14.8x	15.0%
DSI Drake and Scull International P.J.S.C	0.3x	n/a	US$277.30m

No more companies

Price-To-Earnings vs Industry: DSI is good value based on its Price-To-Earnings Ratio (0.3x) compared to the Asian Construction industry average (14.7x).

Price to Earnings Ratio vs Fair Ratio

What is DSI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DSI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	0.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DSI's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.