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CPAR

Bahrain Car Parks Company B.S.C BAX:CPARK Stock Report

Last Price

ب.د0.13

Market Cap

ب.د13.8m

7D

0%

1Y

n/a

Updated

15 May, 2022

Data

Company Financials
CPARK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

CPARK Stock Overview

Bahrain Car Parks Company (Amakin) B.S.C.

Bahrain Car Parks Company B.S.C Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bahrain Car Parks Company B.S.C
Historical stock prices
Current Share Priceب.د0.13
52 Week Highب.د0.13
52 Week Lowب.د0.12
Beta0.035
1 Month Change0%
3 Month Changen/a
1 Year Changen/a
3 Year Change3.28%
5 Year Change-10.64%
Change since IPO-8.70%

Recent News & Updates

Shareholder Returns

CPARKBH Commercial ServicesBH Market
7D0%0.7%-4.6%
1Yn/a-10.1%31.2%

Return vs Industry: Insufficient data to determine how CPARK performed against the BH Commercial Services industry.

Return vs Market: Insufficient data to determine how CPARK performed against the BH Market.

Price Volatility

Is CPARK's price volatile compared to industry and market?
CPARK volatility
CPARK Average Weekly Movementn/a
Commercial Services Industry Average Movement6.0%
Market Average Movement2.4%
10% most volatile stocks in BH Market6.8%
10% least volatile stocks in BH Market1.7%

Stable Share Price: Insufficient data to determine CPARK's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine CPARK's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
198140Tariq Ali Aljowderhttps://carparks.bh

Bahrain Car Parks Company (Amakin) B.S.C. engages in the operation of car parks in the Kingdom of Bahrain. The company operates through Car Park Services, Property Rental Income, and Investment and Related Services segments. It offers manages, maintains, and rents properties; and engages in trading financial assets.

Bahrain Car Parks Company B.S.C Fundamentals Summary

How do Bahrain Car Parks Company B.S.C's earnings and revenue compare to its market cap?
CPARK fundamental statistics
Market Capب.د13.77m
Earnings (TTM)ب.د775.78k
Revenue (TTM)ب.د2.30m

17.8x

P/E Ratio

6.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CPARK income statement (TTM)
Revenueب.د2.30m
Cost of Revenueب.د852.43k
Gross Profitب.د1.45m
Other Expensesب.د671.99k
Earningsب.د775.78k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0071
Gross Margin62.94%
Net Profit Margin33.73%
Debt/Equity Ratio0%

How did CPARK perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

85%

Payout Ratio

Valuation

Is Bahrain Car Parks Company B.S.C undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


17.77x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: CPARK (BHD0.13) is trading above our estimate of fair value (BHD0.07)

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


Price To Earnings Ratio

PE vs Industry: CPARK is poor value based on its PE Ratio (17.8x) compared to the Asian Commercial Services industry average (16.4x).

PE vs Market: CPARK is poor value based on its PE Ratio (17.8x) compared to the BH market (13.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CPARK is good value based on its PB Ratio (0.7x) compared to the XA Commercial Services industry average (1.3x).


Future Growth

How is Bahrain Car Parks Company B.S.C forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.6%

Forecasted Commercial 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 Bahrain Car Parks Company B.S.C 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 Bahrain Car Parks Company B.S.C performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CPARK has high quality earnings.

Growing Profit Margin: CPARK's current net profit margins (33.7%) are higher than last year (33.6%).


Past Earnings Growth Analysis

Earnings Trend: CPARK's earnings have grown by 1.3% per year over the past 5 years.

Accelerating Growth: CPARK's earnings growth over the past year (17.8%) exceeds its 5-year average (1.3% per year).

Earnings vs Industry: CPARK earnings growth over the past year (17.8%) exceeded the Commercial Services industry 15.4%.


Return on Equity

High ROE: CPARK's Return on Equity (3.9%) is considered low.


Financial Health

How is Bahrain Car Parks Company B.S.C's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CPARK's short term assets (BHD9.2M) exceed its short term liabilities (BHD464.1K).

Long Term Liabilities: CPARK's short term assets (BHD9.2M) exceed its long term liabilities (BHD164.7K).


Debt to Equity History and Analysis

Debt Level: CPARK is debt free.

Reducing Debt: CPARK had no debt 5 years ago.

Debt Coverage: CPARK has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CPARK has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Bahrain Car Parks Company B.S.C current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


4.76%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CPARK's dividend (4.76%) is higher than the bottom 25% of dividend payers in the BH market (3.71%).

High Dividend: CPARK's dividend (4.76%) is low compared to the top 25% of dividend payers in the BH market (5.59%).


Stability and Growth of Payments

Stable Dividend: CPARK has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CPARK has only been paying a dividend for 7 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (84.5%), CPARK's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (116.3%), CPARK's dividend payments are not well covered by cash flows.


Next Steps

Management

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

3.4yrs

Average management tenure


CEO

Tariq Ali Aljowder

5.33yrs

Tenure

Mr. Tariq Ali Husain Aljowder has been the Chief Executive Officer of Bahrain Car Parks Company B.S.C. since January 1, 2017. Mr. Aljowder has experience in real estate property development and management,...


Leadership Team

Experienced Management: CPARK's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: CPARK's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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

Bahrain Car Parks Company B.S.C.'s employee growth, exchange listings and data sources


Key Information

  • Name: Bahrain Car Parks Company B.S.C.
  • Ticker: CPARK
  • Exchange: BAX
  • Founded: 1981
  • Industry: Environmental and Facilities Services
  • Sector: Commercial Services
  • Implied Market Cap: ب.د13.772m
  • Shares outstanding: 109.30m
  • Website: https://carparks.bh

Number of Employees


Location

  • Bahrain Car Parks Company B.S.C.
  • Building No. 128
  • Flat No. 209
  • Manama
  • Bahrain

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/03/20 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.