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OIFC

Oman Investment & Finance SAOG MSM:OIFC Stock Report

Last Price

ر.ع0.13

Market Cap

ر.ع31.5m

7D

-1.5%

1Y

4.7%

Updated

08 Aug, 2022

Data

Company Financials
OIFC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health1/6
Dividends3/6

OIFC Stock Overview

Oman Investment & Finance Co. SAOG, an investment and services company, provides billing, collection, and debt factoring services for the electricity, water, and telecom services in the Sultanate of Oman and other GCC countries.

Oman Investment & Finance SAOG Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Oman Investment & Finance SAOG
Historical stock prices
Current Share Priceر.ع0.13
52 Week Highر.ع0.17
52 Week Lowر.ع0.12
Beta0.28
1 Month Change6.40%
3 Month Change-10.14%
1 Year Change4.72%
3 Year Change12.71%
5 Year Change-14.74%
Change since IPO34.68%

Recent News & Updates

Shareholder Returns

OIFCOM Commercial ServicesOM Market
7D-1.5%0.6%2.0%
1Y4.7%-8.1%15.2%

Return vs Industry: OIFC exceeded the OM Commercial Services industry which returned -6.6% over the past year.

Return vs Market: OIFC underperformed the OM Market which returned 14.9% over the past year.

Price Volatility

Is OIFC's price volatile compared to industry and market?
OIFC volatility
OIFC Average Weekly Movement4.1%
Commercial Services Industry Average Movement5.3%
Market Average Movement3.7%
10% most volatile stocks in OM Market6.5%
10% least volatile stocks in OM Market1.8%

Stable Share Price: OIFC is not significantly more volatile than the rest of OM stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: OIFC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979868Said Bin Ahmed Safrarhttps://www.oifcoman.com

Oman Investment & Finance Co. SAOG, an investment and services company, provides billing, collection, and debt factoring services for the electricity, water, and telecom services in the Sultanate of Oman and other GCC countries. The company invests in real estate, equity securities, and other investments; and offers meter reading, bill printing, bill delivery, disconnection/reconnection, and bill collection services for electricity, water, telecommunication, and other sectors. It also supplies AMR smart meters and communication devices, as well as manages prepaid meter systems and vending solutions; provides debt purchase and recovery services; and offers prepaid recharge services, as well as collection and re-charge services for various e-platforms in the entertainment and fintech industry.

Oman Investment & Finance SAOG Fundamentals Summary

How do Oman Investment & Finance SAOG's earnings and revenue compare to its market cap?
OIFC fundamental statistics
Market Capر.ع31.52m
Earnings (TTM)ر.ع3.23m
Revenue (TTM)ر.ع18.73m

9.8x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OIFC income statement (TTM)
Revenueر.ع18.73m
Cost of Revenueر.ع15.18m
Gross Profitر.ع3.55m
Other Expensesر.ع315.13k
Earningsر.ع3.23m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.014
Gross Margin18.95%
Net Profit Margin17.26%
Debt/Equity Ratio216.0%

How did OIFC perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

59%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 OIFC?

Other financial metrics that can be useful for relative valuation.

OIFC 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/Revenue4.7x
Enterprise Value/EBITDA50.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

OIFC PE Ratio vs Peers
The above table shows the PE ratio for OIFC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18.8x
AJSS Al Jazeira Services Company SAOG
11.7xn/aر.ع45.7m
OJOC Ojai Oil
32.1xn/aUS$73.7m
8431 Superior Plating Technology
16.5xn/aNT$2.4b
CTRG Catering International & Services Société Anonyme
14.5x10.7%€73.8m
OIFC Oman Investment & Finance SAOG
9.8xn/aر.ع31.5m

Price-To-Earnings vs Peers: OIFC is good value based on its Price-To-Earnings Ratio (9.8x) compared to the peer average (18.8x).


Price to Earnings Ratio vs Industry

How does OIFC's PE Ratio compare vs other companies in the Asian Commercial Services Industry?

Price-To-Earnings vs Industry: OIFC is good value based on its Price-To-Earnings Ratio (9.8x) compared to the Asian Commercial Services industry average (16.8x)


Price to Earnings Ratio vs Fair Ratio

What is OIFC'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.

OIFC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.8x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: OIFC (OMR0.13) is trading above our estimate of fair value (OMR0.06)

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


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 Oman Investment & Finance SAOG 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


15.3%

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 Oman Investment & Finance SAOG 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.


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Past Performance

How has Oman Investment & Finance SAOG performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-3.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OIFC has high quality earnings.

Growing Profit Margin: OIFC's current net profit margins (17.3%) are higher than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: OIFC's earnings have declined by 3.6% per year over the past 5 years.

Accelerating Growth: OIFC's earnings growth over the past year (64%) exceeds its 5-year average (-3.6% per year).

Earnings vs Industry: OIFC earnings growth over the past year (64%) exceeded the Commercial Services industry 8.6%.


Return on Equity

High ROE: OIFC's Return on Equity (11.6%) is considered low.


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Financial Health

How is Oman Investment & Finance SAOG's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: OIFC's short term assets (OMR31.2M) do not cover its short term liabilities (OMR66.0M).

Long Term Liabilities: OIFC's short term assets (OMR31.2M) exceed its long term liabilities (OMR25.1M).


Debt to Equity History and Analysis

Debt Level: OIFC's net debt to equity ratio (200%) is considered high.

Reducing Debt: OIFC's debt to equity ratio has increased from 137.3% to 216% over the past 5 years.

Debt Coverage: OIFC's debt is not well covered by operating cash flow (2.2%).

Interest Coverage: OIFC's interest payments on its debt are not well covered by EBIT (0.3x coverage).


Balance Sheet


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Dividend

What is Oman Investment & Finance SAOG current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.02%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: OIFC's dividend (6.02%) is higher than the bottom 25% of dividend payers in the OM market (3.81%).

High Dividend: OIFC's dividend (6.02%) is low compared to the top 25% of dividend payers in the OM market (9.93%).


Stability and Growth of Payments

Stable Dividend: OIFC's dividend payments have been volatile in the past 10 years.

Growing Dividend: OIFC's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (58.6%), OIFC's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (819.1%), OIFC's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

3.0yrs

Average management tenure


CEO

Said Bin Ahmed Safrar

8yrs

Tenure

ر.ع2,700

Compensation

Mr. Said Bin Ahmed Safrar has been the Chief Executive Officer of Oman Investment & Finance Company SAOG since August 20, 2014. Mr. Bin Ahmed Safrar served as the Chief Customer Experience Officer at Omani...


Leadership Team

Experienced Management: OIFC's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: OIFC's board of directors are not considered experienced ( 2.2 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

Oman Investment & Finance Co. SAOG's employee growth, exchange listings and data sources


Key Information

  • Name: Oman Investment & Finance Co. SAOG
  • Ticker: OIFC
  • Exchange: MSM
  • Founded: 1979
  • Industry: Diversified Support Services
  • Sector: Commercial Services
  • Implied Market Cap: ر.ع31.521m
  • Shares outstanding: 237.00m
  • Website: https://www.oifcoman.com

Number of Employees


Location

  • Oman Investment & Finance Co. SAOG
  • PO Box 2476
  • Ruwi
  • 112
  • Oman

Listings


Company Analysis and Financial Data Status

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