| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 1/6 |
ZAIN Stock Overview
Mobile Telecommunications Company K.S.C.P., together with its subsidiaries, provides mobile telecommunication services.
Mobile Telecommunications Company K.S.C.P Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | د.ك0.60 |
| 52 Week High | د.ك0.64 |
| 52 Week Low | د.ك0.57 |
| Beta | 0.26 |
| 1 Month Change | 0.34% |
| 3 Month Change | -0.17% |
| 1 Year Change | -5.85% |
| 3 Year Change | 28.17% |
| 5 Year Change | 16.86% |
| Change since IPO | 47.21% |
Recent News & Updates
Shareholder Returns
| ZAIN | KW Wireless Telecom | KW Market | |
|---|---|---|---|
| 7D | -0.3% | -0.3% | -0.3% |
| 1Y | -5.8% | -2.5% | 28.1% |
Return vs Industry: ZAIN underperformed the KW Wireless Telecom industry which returned -2.5% over the past year.
Return vs Market: ZAIN underperformed the KW Market which returned 29% over the past year.
Price Volatility
| ZAIN volatility | |
|---|---|
| ZAIN Average Weekly Movement | 1.7% |
| Wireless Telecom Industry Average Movement | 3.9% |
| Market Average Movement | 4.6% |
| 10% most volatile stocks in KW Market | 10.5% |
| 10% least volatile stocks in KW Market | 2.2% |
Stable Share Price: ZAIN is less volatile than 75% of KW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: ZAIN's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | n/a | Bader Bin Nasser Al Kharafi | https://www.zain.com |
Mobile Telecommunications Company K.S.C.P., together with its subsidiaries, provides mobile telecommunication services. The company operates, purchases, delivers, installs, manages, and maintains mobile telephones systems. It also offers smart bundle and mobility, VoIP, and internet of things solutions, as well as hosted and managed, managed security, and cloud services.
Mobile Telecommunications Company K.S.C.P Fundamentals Summary
| ZAIN fundamental statistics | |
|---|---|
| Market Cap | د.ك2.58b |
| Earnings (TTM) | د.ك188.80m |
| Revenue (TTM) | د.ك1.57b |
13.7x
P/E Ratio1.6x
P/S RatioIs ZAIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ZAIN income statement (TTM) | |
|---|---|
| Revenue | د.ك1.57b |
| Cost of Revenue | د.ك463.00m |
| Gross Profit | د.ك1.11b |
| Expenses | د.ك917.15m |
| Earnings | د.ك188.80m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.044 |
| Gross Margin | 70.49% |
| Net Profit Margin | 12.03% |
| Debt/Equity Ratio | 75.0% |
How did ZAIN perform over the long term?
See historical performance and comparisonDividends
3.4%
Current Dividend Yield99%
Payout RatioValuation
Is Mobile Telecommunications Company K.S.C.P undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ZAIN (KWD0.6) is trading below our estimate of fair value (KWD1.73)
Significantly Below Fair Value: ZAIN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ZAIN is good value based on its PE Ratio (13.7x) compared to the Asian Wireless Telecom industry average (20.8x).
PE vs Market: ZAIN is good value based on its PE Ratio (13.7x) compared to the KW market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: ZAIN is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: ZAIN is overvalued based on its PB Ratio (2.2x) compared to the XA Wireless Telecom industry average (2x).
Future Growth
How is Mobile Telecommunications Company K.S.C.P forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
6.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ZAIN's forecast earnings growth (6.5% per year) is below the savings rate (9.1%).
Earnings vs Market: ZAIN's earnings (6.5% per year) are forecast to grow slower than the KW market (15.7% per year).
High Growth Earnings: ZAIN's earnings are forecast to grow, but not significantly.
Revenue vs Market: ZAIN's revenue (3% per year) is forecast to grow slower than the KW market (8.5% per year).
High Growth Revenue: ZAIN's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ZAIN's Return on Equity is forecast to be low in 3 years time (11.2%).
Past Performance
How has Mobile Telecommunications Company K.S.C.P performed over the past 5 years?
5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ZAIN has high quality earnings.
Growing Profit Margin: ZAIN's current net profit margins (12%) are higher than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: ZAIN's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: ZAIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ZAIN had negative earnings growth (-3.4%) over the past year, making it difficult to compare to the Wireless Telecom industry average (5%).
Return on Equity
High ROE: ZAIN's Return on Equity (11.3%) is considered low.
Financial Health
How is Mobile Telecommunications Company K.S.C.P's financial position?
Financial Position Analysis
Short Term Liabilities: ZAIN's short term assets (KWD1.1B) do not cover its short term liabilities (KWD1.4B).
Long Term Liabilities: ZAIN's short term assets (KWD1.1B) do not cover its long term liabilities (KWD1.6B).
Debt to Equity History and Analysis
Debt Level: ZAIN's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: ZAIN's debt to equity ratio has increased from 58.6% to 75% over the past 5 years.
Debt Coverage: ZAIN's debt is well covered by operating cash flow (31.9%).
Interest Coverage: ZAIN's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
Dividend
What is Mobile Telecommunications Company K.S.C.P current dividend yield, its reliability and sustainability?
3.36%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ZAIN's dividend (3.36%) is higher than the bottom 25% of dividend payers in the KW market (1.85%).
High Dividend: ZAIN's dividend (3.36%) is low compared to the top 25% of dividend payers in the KW market (5.14%).
Stability and Growth of Payments
Stable Dividend: ZAIN's dividend payments have been volatile in the past 10 years.
Growing Dividend: ZAIN's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (98.6%), ZAIN's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ZAIN's dividends in 3 years are not forecast to be well covered by earnings (93.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.9yrs
Average management tenure
CEO
Bader Bin Nasser Al Kharafi (44 yo)
4.83yrs
Tenure
Mr. Bader Bin Nasser Mohammed Al Kharafi serves as the Managing Director of Al-Khatem Telecommunications Company. He has been the Chief Executive Officer of Zain Kuwait since June 10, 2010 and Chief Techno...
Leadership Team
Experienced Management: ZAIN's management team is seasoned and experienced (5.9 years average tenure).
Board Members
Experienced Board: ZAIN's board of directors are considered experienced (3.7 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
Mobile Telecommunications Company K.S.C.P.'s employee growth, exchange listings and data sources
Key Information
- Name: Mobile Telecommunications Company K.S.C.P.
- Ticker: ZAIN
- Exchange: KWSE
- Founded: 1983
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Implied Market Cap: د.ك2.579b
- Shares outstanding: 4.33b
- Website: https://www.zain.com
Location
- Mobile Telecommunications Company K.S.C.P.
- Airport Road
- Shuwaikh
- Kuwait City
- 13083
- Kuwait
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/23 15:55 |
| End of Day Share Price | 2022/01/23 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.