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MANE

AFAQ Energy ASE:MANE Stock Report

Last Price

د.أ1.89

Market Cap

د.أ207.9m

7D

-1.0%

1Y

53.7%

Updated

12 Aug, 2022

Data

Company Financials
MANE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

MANE Stock Overview

AFAQ Energy PLC engages in the oil and fuel, import and export, and food trading businesses.

AFAQ Energy Competitors

Price History & Performance

Summary of all time highs, changes and price drops for AFAQ Energy
Historical stock prices
Current Share Priceد.أ1.89
52 Week Highد.أ2.08
52 Week Lowد.أ1.21
Beta-0.19
1 Month Change-5.03%
3 Month Change26.85%
1 Year Change53.66%
3 Year Change35.00%
5 Year Change-17.47%
Change since IPO80.00%

Recent News & Updates

Shareholder Returns

MANEJO Specialty RetailJO Market
7D-1.0%1.1%0.4%
1Y53.7%-12.4%27.6%

Return vs Industry: MANE exceeded the JO Specialty Retail industry which returned -12.4% over the past year.

Return vs Market: MANE exceeded the JO Market which returned 27.6% over the past year.

Price Volatility

Is MANE's price volatile compared to industry and market?
MANE volatility
MANE Average Weekly Movement5.4%
Specialty Retail Industry Average Movement4.9%
Market Average Movement4.7%
10% most volatile stocks in JO Market7.1%
10% least volatile stocks in JO Market2.5%

Stable Share Price: MANE is not significantly more volatile than the rest of JO stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MANE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20082,616Yaser Salem Al Manaseer

AFAQ Energy PLC engages in the oil and fuel, import and export, and food trading businesses. It is also involved in the provision of fuel and mineral oils marketing, and warehousing services. The company was formerly known as Al Ameer for Development and Multiprojects and changed its name to Afaq For Energy Co. P.L.C in March 2009.

AFAQ Energy Fundamentals Summary

How do AFAQ Energy's earnings and revenue compare to its market cap?
MANE fundamental statistics
Market Capد.أ207.90m
Earnings (TTM)د.أ24.20m
Revenue (TTM)د.أ900.24m

8.6x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MANE income statement (TTM)
Revenueد.أ900.24m
Cost of Revenueد.أ847.63m
Gross Profitد.أ52.61m
Other Expensesد.أ28.41m
Earningsد.أ24.20m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin5.84%
Net Profit Margin2.69%
Debt/Equity Ratio98.4%

How did MANE perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

MANE 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/Revenue0.4x
Enterprise Value/EBITDA6.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

MANE PE Ratio vs Peers
The above table shows the PE ratio for MANE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average27.4x
MPMX Mitra Pinasthika Mustika
10.3x16.6%Rp4.4t
PWR Peter Warren Automotive Holdings
10.9x-3.8%AU$432.6m
8927 North-Star International
83.2xn/aNT$9.4b
6909 BetterLife Holding
5.3x23.4%HK$2.7b
MANE AFAQ Energy
8.6xn/aد.أ207.9m

Price-To-Earnings vs Peers: MANE is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (27.4x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: MANE is good value based on its Price-To-Earnings Ratio (8.6x) compared to the Asian Specialty Retail industry average (14.4x)


Price to Earnings Ratio vs Fair Ratio

What is MANE'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.

MANE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: MANE (JOD1.89) is trading below our estimate of fair value (JOD4.14)

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


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.


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Future Growth

How is AFAQ Energy 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


16.8%

Forecasted Retail 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 AFAQ Energy 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.


Discover growth companies

  • Examine whether AFAQ Energy is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has AFAQ Energy performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-18.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MANE has high quality earnings.

Growing Profit Margin: MANE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: MANE's earnings have declined by 18% per year over the past 5 years.

Accelerating Growth: MANE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MANE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (12.2%).


Return on Equity

High ROE: MANE's Return on Equity (15.3%) is considered low.


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Financial Health

How is AFAQ Energy's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MANE's short term assets (JOD239.6M) do not cover its short term liabilities (JOD365.3M).

Long Term Liabilities: MANE's short term assets (JOD239.6M) exceed its long term liabilities (JOD30.5M).


Debt to Equity History and Analysis

Debt Level: MANE's net debt to equity ratio (87.7%) is considered high.

Reducing Debt: MANE's debt to equity ratio has increased from 94.5% to 98.4% over the past 5 years.

Debt Coverage: MANE's debt is well covered by operating cash flow (38.7%).

Interest Coverage: MANE's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


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Dividend

What is AFAQ Energy current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MANE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MANE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MANE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MANE's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: MANE is not paying a notable dividend for the JO market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MANE has not reported any payouts.


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Management

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

13.7yrs

Average management tenure


CEO

Yaser Salem Al Manaseer (63 yo)

13.67yrs

Tenure

Mr. Yasir Salem Hussein Al Manaseer has been a General Manager and Director of AFAQ Energy PLC (formerly known as Afaq For Energy Co. P.L.C). since December 13, 2008.


Leadership Team

Experienced Management: MANE's management team is seasoned and experienced (13.7 years average tenure).


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

AFAQ Energy PLC's employee growth, exchange listings and data sources


Key Information

  • Name: AFAQ Energy PLC
  • Ticker: MANE
  • Exchange: ASE
  • Founded: 2008
  • Industry: Automotive Retail
  • Sector: Retail
  • Implied Market Cap: د.أ207.900m
  • Shares outstanding: 110.00m

Number of Employees


Location

  • AFAQ Energy PLC
  • Airport Street Opposite Foreign Ministry
  • PO Box 925988
  • Amman
  • 11110
  • Jordan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/11 00:00
Earnings2022/03/31
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.