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NCTH

National Corporation for Tourism and HotelsADX:NCTH Stock Report

Market Cap

د.إ2.7b

7D

38.8%

1Y

88.9%

Updated

24 Nov, 2021

Data

Company Financials
NCTH fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends3/6

NCTH Stock Overview

National Corporation for Tourism and Hotels owns, manages, and invests in hotels and leisure complexes.

Price History & Performance

Summary of all time highs, changes and price drops for National Corporation for Tourism and Hotels
Historical stock prices
Current Share Priceد.إ3.40
52 Week Highد.إ3.50
52 Week Lowد.إ1.75
Beta0.37
1 Month Change32.81%
3 Month Change13.33%
1 Year Change88.89%
3 Year Change80.30%
5 Year Change68.30%
Change since IPO951.93%

Recent News & Updates

Oct 03
National Corporation for Tourism and Hotels (ADX:NCTH) Will Be Hoping To Turn Its Returns On Capital Around

National Corporation for Tourism and Hotels (ADX:NCTH) Will Be Hoping To Turn Its Returns On Capital Around

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...

May 19
Investors Could Be Concerned With National Corporation for Tourism and Hotels' (ADX:NCTH) Returns On Capital

Investors Could Be Concerned With National Corporation for Tourism and Hotels' (ADX:NCTH) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

NCTHAE HospitalityAE Market
7D38.8%-1.4%0.4%
1Y88.9%-7.0%51.5%

Return vs Industry: NCTH exceeded the AE Hospitality industry which returned -7% over the past year.

Return vs Market: NCTH exceeded the AE Market which returned 51.5% over the past year.

Price Volatility

Is NCTH's price volatile compared to industry and market?
NCTH volatility
NCTH Average Weekly Movement10.0%
Hospitality Industry Average Movement5.3%
Market Average Movement4.9%
10% most volatile stocks in AE Market11.8%
10% least volatile stocks in AE Market2.3%

Stable Share Price: NCTH is more volatile than 75% of AE stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: NCTH's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of AE stocks.

About the Company

FoundedEmployeesCEOWebsite
1996n/an/ahttps://www.ncth.com

National Corporation for Tourism and Hotels owns, manages, and invests in hotels and leisure complexes. It operates through Hotels, Retail Services, Catering Services, and Holding segments. The company owns, manages, and operates hotels and resorts.

National Corporation for Tourism and Hotels Fundamentals Summary

How do National Corporation for Tourism and Hotels's earnings and revenue compare to its market cap?
NCTH fundamental statistics
Market Capد.إ2.67b
Earnings (TTM)د.إ113.65m
Revenue (TTM)د.إ754.83m

23.5x

P/E Ratio

3.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NCTH income statement (TTM)
Revenueد.إ754.83m
Cost of Revenueد.إ658.06m
Gross Profitد.إ96.77m
Expenses-د.إ16.89m
Earningsد.إ113.65m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin12.82%
Net Profit Margin15.06%
Debt/Equity Ratio19.2%

How did NCTH perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

90%

Payout Ratio

Valuation

Is National Corporation for Tourism and Hotels undervalued compared to its fair value and its price relative to the market?

28.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NCTH (AED3.4) is trading below our estimate of fair value (AED4.74)

Significantly Below Fair Value: NCTH is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NCTH is good value based on its PE Ratio (23.5x) compared to the Asian Hospitality industry average (29.8x).

PE vs Market: NCTH is poor value based on its PE Ratio (23.5x) compared to the AE market (14x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NCTH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NCTH is good value based on its PB Ratio (1.5x) compared to the XA Hospitality industry average (1.8x).


Future Growth

How is National Corporation for Tourism and Hotels forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

57.8%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as National Corporation for Tourism and Hotels has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has National Corporation for Tourism and Hotels performed over the past 5 years?

-8.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NCTH has a large one-off gain of AED33.8M impacting its September 30 2021 financial results.

Growing Profit Margin: NCTH's current net profit margins (15.1%) are higher than last year (14.7%).


Past Earnings Growth Analysis

Earnings Trend: NCTH's earnings have declined by 8% per year over the past 5 years.

Accelerating Growth: NCTH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NCTH had negative earnings growth (-0.9%) over the past year, making it difficult to compare to the Hospitality industry average (38.4%).


Return on Equity

High ROE: NCTH's Return on Equity (6.4%) is considered low.


Financial Health

How is National Corporation for Tourism and Hotels's financial position?


Financial Position Analysis

Short Term Liabilities: NCTH's short term assets (AED728.9M) exceed its short term liabilities (AED258.2M).

Long Term Liabilities: NCTH's short term assets (AED728.9M) exceed its long term liabilities (AED326.3M).


Debt to Equity History and Analysis

Debt Level: NCTH has more cash than its total debt.

Reducing Debt: NCTH's debt to equity ratio has reduced from 36.4% to 19.2% over the past 5 years.

Debt Coverage: NCTH's debt is well covered by operating cash flow (36.6%).

Interest Coverage: NCTH earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is National Corporation for Tourism and Hotels's current dividend yield, its reliability and sustainability?

3.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NCTH's dividend (3.82%) is higher than the bottom 25% of dividend payers in the AE market (3.03%).

High Dividend: NCTH's dividend (3.82%) is low compared to the top 25% of dividend payers in the AE market (6.09%).


Stability and Growth of Payments

Stable Dividend: NCTH's dividend payments have been volatile in the past 10 years.

Growing Dividend: NCTH's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (89.9%), NCTH's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

National Corporation for Tourism and Hotels has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

National Corporation for Tourism and Hotels's employee growth, exchange listings and data sources


Key Information

  • Name: National Corporation for Tourism and Hotels
  • Ticker: NCTH
  • Exchange: ADX
  • Founded: 1996
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: د.إ2.672b
  • Shares outstanding: 785.86m
  • Website: https://www.ncth.com

Location

  • National Corporation for Tourism and Hotels
  • PO Box 6942
  • Abu Dhabi
  • United Arab Emirates

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/24 15:44
End of Day Share Price2021/11/24 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.