National Industries Group Holding - KPSC Valuation

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

NIND (AED4.16) is trading above our estimate of [[fair value]] (AED0.58)

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

Valuation Score

1/6

Valuation Score 1/6

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 NIND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NIND (AED4.16) is trading above our estimate of fair value (AED0.58)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NIND. This is calculated by dividing NIND's market cap by their current earnings.
What is NIND's PE Ratio?
PE Ratio	12.2x
Earnings	د.ك47.54m
Market Cap	د.ك580.98m

NIND 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	6.7x
Enterprise Value/EBITDA	78.6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for NIND 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	9.3x
DIC Dubai Investments PJSC	9.3x	4.1%	د.إ8.9b
ESG ESG Emirates Stallions Group PJSC	8.4x	n/a	د.إ1.7b
MODON Modon Holding PSC	6.3x	n/a	د.إ56.1b
ALPHADHABI Alpha Dhabi Holding PJSC	13.2x	-10.9%	د.إ113.0b
NIND National Industries Group Holding - KPSC	12.2x	n/a	د.إ581.0m

Price-To-Earnings vs Peers: NIND is expensive based on its Price-To-Earnings Ratio (12.2x) compared to the peer average (9.3x).

Price to Earnings Ratio vs Industry

How does NIND's PE Ratio compare vs other companies in the Asian Industrials Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: NIND is good value based on its Price-To-Earnings Ratio (12.2x) compared to the Asian Industrials industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is NIND'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.

NIND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.2x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NIND'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.