Abu Dhabi National Oil Company for Distribution PJSC

ADX:ADNOCDIST Stock Report

Market Cap: د.إ42.6b

Abu Dhabi National Oil Company for Distribution PJSC Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: ADNOCDIST (AED3.41) is trading below our estimate of fair value (AED3.63)

Significantly Below Fair Value: ADNOCDIST is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ADNOCDIST. This is calculated by dividing ADNOCDIST's market cap by their current earnings.
What is ADNOCDIST's PE Ratio?
PE Ratio16.9x
Earningsد.إ2.52b
Market Capد.إ42.63b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ADNOCDIST vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.3x
LAD Lithia Motors
12.1x13.4%US$9.7b
MUSA Murphy USA
20.4x7.2%US$10.4b
PAG Penske Automotive Group
12x2.7%US$10.5b
2207 Hotai MotorLtd
16.7xn/aNT$340.4b
ADNOCDIST Abu Dhabi National Oil Company for Distribution PJSC
16.9x7.3%د.إ42.6b

Price-To-Earnings vs Peers: ADNOCDIST is expensive based on its Price-To-Earnings Ratio (16.9x) compared to the peer average (15.2x).

Price to Earnings Ratio vs Industry

How does ADNOCDIST's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADNOCDIST 16.9xIndustry Avg. 17.2xNo. of Companies47PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ADNOCDIST is good value based on its Price-To-Earnings Ratio (16.9x) compared to the Asian Specialty Retail industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is ADNOCDIST'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.

ADNOCDIST PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ADNOCDIST'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?

The above table shows the analyst ADNOCDIST forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentد.إ3.41
د.إ4.28
+25.5%
7.1%د.إ4.70د.إ3.70n/a12
Dec ’25د.إ3.45
د.إ4.28
+24.0%
7.1%د.إ4.70د.إ3.70n/a12
Nov ’25د.إ3.63
د.إ4.28
+17.9%
6.7%د.إ4.70د.إ3.70n/a12
Oct ’25د.إ3.62
د.إ4.28
+18.1%
6.8%د.إ4.70د.إ3.70n/a12
Sep ’25د.إ3.65
د.إ4.28
+17.4%
6.5%د.إ4.70د.إ3.70n/a13
Aug ’25د.إ3.54
د.إ4.27
+20.6%
7.6%د.إ4.70د.إ3.49n/a13
Jul ’25د.إ3.43
د.إ4.27
+24.4%
7.6%د.إ4.70د.إ3.49n/a13
Jun ’25د.إ3.24
د.إ4.27
+31.7%
7.6%د.إ4.70د.إ3.49n/a13
May ’25د.إ3.49
د.إ4.33
+23.9%
6.2%د.إ4.70د.إ3.71n/a13
Apr ’25د.إ3.65
د.إ4.36
+19.4%
5.8%د.إ4.80د.إ3.90n/a12
Mar ’25د.إ3.60
د.إ4.36
+21.0%
5.8%د.إ4.80د.إ3.90n/a12
Feb ’25د.إ3.57
د.إ4.37
+22.3%
5.5%د.إ4.80د.إ3.90n/a12
Jan ’25د.إ3.70
د.إ4.42
+19.3%
5.5%د.إ4.80د.إ3.90n/a12
Dec ’24د.إ3.78
د.إ4.40
+16.4%
5.4%د.إ4.80د.إ3.90د.إ3.4512
Nov ’24د.إ3.36
د.إ4.52
+34.4%
8.2%د.إ5.16د.إ3.82د.إ3.6312
Oct ’24د.إ3.75
د.إ4.54
+21.2%
8.1%د.إ5.16د.إ3.82د.إ3.6212
Sep ’24د.إ3.81
د.إ4.54
+19.3%
8.1%د.إ5.16د.إ3.82د.إ3.6512
Aug ’24د.إ3.94
د.إ4.64
+17.7%
6.2%د.إ5.16د.إ3.92د.إ3.5412
Jul ’24د.إ3.90
د.إ4.63
+18.6%
6.5%د.إ5.16د.إ3.92د.إ3.4311
Jun ’24د.إ4.08
د.إ4.60
+12.8%
7.9%د.إ5.16د.إ3.64د.إ3.2411
May ’24د.إ4.40
د.إ4.55
+3.3%
9.2%د.إ5.16د.إ3.43د.إ3.4911
Apr ’24د.إ4.18
د.إ4.55
+8.8%
9.2%د.إ5.16د.إ3.43د.إ3.6511
Mar ’24د.إ4.28
د.إ4.55
+6.2%
9.2%د.إ5.16د.إ3.43د.إ3.6011
Feb ’24د.إ4.39
د.إ4.54
+3.5%
9.3%د.إ5.16د.إ3.43د.إ3.5711
Jan ’24د.إ4.41
د.إ4.54
+3.1%
9.3%د.إ5.16د.إ3.43د.إ3.7011
Dec ’23د.إ4.56
د.إ4.54
-0.3%
9.3%د.إ5.16د.إ3.43د.إ3.7811

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 05:42
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Abu Dhabi National Oil Company for Distribution PJSC is covered by 13 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Salma KharbachiAlphaMena
Rita GuindyArqaam Capital Research Offshore S.A.L.
Duaa AlFaddaBofA Global Research