Combined Group Contracting Company - K.S.C. (Public)

KWSE:CGC Stock Report

Market Cap: د.ك105.4m

Combined Group Contracting Company - K.S.C. (Public) Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: CGC (KWD0.62) is trading above our estimate of fair value (KWD0.45)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CGC. This is calculated by dividing CGC's market cap by their current earnings.
What is CGC's PE Ratio?
PE Ratio10.6x
Earningsد.ك9.92m
Market Capد.ك105.42m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CGC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.9x
KCPC Kuwait Company for Process Plant Construction and Contracting K.S.C.P
18.4xn/aد.ك39.2m
INTEGRATED Integrated Holding Company K.S.C.P
25.1x25.0%د.ك125.5m
PCEM Kuwait Portland Cement K.P.S.C
15.5xn/aد.ك82.2m
CABLE Gulf Cable and Electrical Industries Company - KPSC
16.6xn/aد.ك323.7m
CGC Combined Group Contracting Company - K.S.C. (Public)
10.6xn/aد.ك105.4m

Price-To-Earnings vs Peers: CGC is good value based on its Price-To-Earnings Ratio (10.6x) compared to the peer average (18.9x).

Price to Earnings Ratio vs Industry

How does CGC's PE Ratio compare vs other companies in the Asian Construction Industry?

27 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CGC 10.6xIndustry Avg. 14.8xNo. of Companies87PE01020304050+
27 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CGC is good value based on its Price-To-Earnings Ratio (10.6x) compared to the Asian Construction industry average (14.8x).

Price to Earnings Ratio vs Fair Ratio

What is CGC'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.

CGC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.6x
Fair PE Ration/a

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

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