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OORE

Wataniya Palestine Mobile Telecommunication - Public Shareholding PLSE:OOREDOO Stock Report

Last Price

US$0.88

Market Cap

US$257.8m

7D

0%

1Y

0%

Updated

27 Sep, 2022

Data

Company Financials
OOREDOO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

OOREDOO Stock Overview

Wataniya Palestine Mobile Telecommunication Public Shareholding Company offers, manages, and sells wireless telecommunication services for business and personal needs in Palestine.

Wataniya Palestine Mobile Telecommunication - Public Shareholding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wataniya Palestine Mobile Telecommunication - Public Shareholding
Historical stock prices
Current Share PriceUS$0.88
52 Week HighUS$1.00
52 Week LowUS$0.84
Beta0.23
1 Month Change2.33%
3 Month Change-1.12%
1 Year Change0%
3 Year Change-11.11%
5 Year Change-25.42%
Change since IPO-35.77%

Recent News & Updates

Shareholder Returns

OOREDOOPS Wireless TelecomPS Market
7D0%-2.0%-0.7%
1Y0%-4.0%8.4%

Return vs Industry: OOREDOO exceeded the PS Wireless Telecom industry which returned -4% over the past year.

Return vs Market: OOREDOO underperformed the PS Market which returned 8.4% over the past year.

Price Volatility

Is OOREDOO's price volatile compared to industry and market?
OOREDOO volatility
OOREDOO Average Weekly Movement2.7%
Wireless Telecom Industry Average Movement3.7%
Market Average Movement2.8%
10% most volatile stocks in PS Market5.6%
10% least volatile stocks in PS Market1.3%

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

Volatility Over Time: OOREDOO's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007620Durgham Maraeehttps://www.ooredoo.ps

Wataniya Palestine Mobile Telecommunication Public Shareholding Company offers, manages, and sells wireless telecommunication services for business and personal needs in Palestine. It also provides 2G and 3G mobile services; and constructs and operates wireless communication stations and telephone networks. The company offers its products and services through points of sale and a network of distributors and agents.

Wataniya Palestine Mobile Telecommunication - Public Shareholding Fundamentals Summary

How do Wataniya Palestine Mobile Telecommunication - Public Shareholding's earnings and revenue compare to its market cap?
OOREDOO fundamental statistics
Market CapUS$257.84m
Earnings (TTM)US$14.84m
Revenue (TTM)US$116.20m

17.4x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OOREDOO income statement (TTM)
RevenueUS$116.20m
Cost of RevenueUS$71.38m
Gross ProfitUS$44.82m
Other ExpensesUS$29.98m
EarningsUS$14.84m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.051
Gross Margin38.57%
Net Profit Margin12.77%
Debt/Equity Ratio0%

How did OOREDOO perform over the long term?

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

Valuation

Is OOREDOO 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 OOREDOO?

Other financial metrics that can be useful for relative valuation.

OOREDOO 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/Revenue1.8x
Enterprise Value/EBITDA6.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

OOREDOO PE Ratio vs Peers
The above table shows the PE ratio for OOREDOO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average32.7x
PALTEL Palestine Telecommunications Company P.L.C
9.7xn/aد.أ684.5m
9424 Japan Communications
83.5xn/aJP¥35.6b
MOC Mobile Telecommunications
7.1xn/aR5.3b
300959 Wuxi Online Offline Communication Information Technology
30.6xn/aCN¥2.3b
OOREDOO Wataniya Palestine Mobile Telecommunication - Public Shareholding
17.4xn/aUS$257.8m

Price-To-Earnings vs Peers: OOREDOO is good value based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (32.7x).


Price to Earnings Ratio vs Industry

How does OOREDOO's PE Ratio compare vs other companies in the Asian Wireless Telecom Industry?

Price-To-Earnings vs Industry: OOREDOO is good value based on its Price-To-Earnings Ratio (17.4x) compared to the Asian Wireless Telecom industry average (19.1x)


Price to Earnings Ratio vs Fair Ratio

What is OOREDOO'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.

OOREDOO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.4x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: OOREDOO ($0.88) is trading below our estimate of fair value ($1.91)

Significantly Below Fair Value: OOREDOO 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 Wataniya Palestine Mobile Telecommunication - Public Shareholding 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


11.3%

Forecasted Telecom 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 Wataniya Palestine Mobile Telecommunication - Public Shareholding 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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  • Examine whether Wataniya Palestine Mobile Telecommunication - Public Shareholding 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 Wataniya Palestine Mobile Telecommunication - Public Shareholding 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


70.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OOREDOO has high quality earnings.

Growing Profit Margin: OOREDOO's current net profit margins (12.8%) are higher than last year (9.8%).


Past Earnings Growth Analysis

Earnings Trend: OOREDOO has become profitable over the past 5 years, growing earnings by 70.4% per year.

Accelerating Growth: OOREDOO's earnings growth over the past year (46.3%) is below its 5-year average (70.4% per year).

Earnings vs Industry: OOREDOO earnings growth over the past year (46.3%) exceeded the Wireless Telecom industry -0.5%.


Return on Equity

High ROE: OOREDOO's Return on Equity (12%) is considered low.


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Financial Health

How is Wataniya Palestine Mobile Telecommunication - Public Shareholding'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: OOREDOO's short term assets ($77.9M) exceed its short term liabilities ($60.2M).

Long Term Liabilities: OOREDOO's short term assets ($77.9M) exceed its long term liabilities ($59.6M).


Debt to Equity History and Analysis

Debt Level: OOREDOO is debt free.

Reducing Debt: OOREDOO has no debt compared to 5 years ago when its debt to equity ratio was 90.3%.

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

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


Balance Sheet


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Dividend

What is Wataniya Palestine Mobile Telecommunication - Public Shareholding 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

Wataniya Palestine Mobile Telecommunication - Public Shareholding Dividend Yield vs Market
How does Wataniya Palestine Mobile Telecommunication - Public Shareholding dividend yield compare to the market?
SegmentDividend Yield
Company (Wataniya Palestine Mobile Telecommunication - Public Shareholding)n/a
Market Bottom 25% (PS)2.8%
Market Top 25% (PS)5.2%
Industry Average (Wireless Telecom)4.8%
Analyst forecast in 3 Years (Wataniya Palestine Mobile Telecommunication - Public Shareholding)n/a

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

High Dividend: Unable to evaluate OOREDOO'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 OOREDOO's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

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


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Management

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

7.1yrs

Average management tenure


CEO

Durgham Maraee (51 yo)

7.83yrs

Tenure

US$7,202

Compensation

Dr. Durgham Maraee has been Chief Executive Officer of Wataniya Palestine Mobile Telecommunication Public Shareholding Company since November 2014. Dr. Maraee served as the Chief Investment Officer at Pale...


Leadership Team

Experienced Management: OOREDOO's management team is seasoned and experienced (7.1 years average tenure).


Board Members

Experienced Board: OOREDOO's board of directors are considered experienced (4.4 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

What is the ownership structure of OOREDOO?
Owner TypeNumber of SharesOwnership Percentage
Institutions15,179,6045.2%
General Public31,980,20910.9%
Sovereign Wealth Funds101,500,99634.6%
Public Companies144,339,19149.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 3 shareholders own 89.09% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
49.26%
Ooredoo Q.P.S.C.
144,339,191$127.0m0%no data
34.64%
Palestine Investment Fund PLC
101,500,996$89.3m0%28.51%
5.18%
Aswaq's investment portfolio
15,179,604$13.4m0%14.36%

Company Information

Wataniya Palestine Mobile Telecommunication - Public Shareholding Company's employee growth, exchange listings and data sources


Key Information

  • Name: Wataniya Palestine Mobile Telecommunication - Public Shareholding Company
  • Ticker: OOREDOO
  • Exchange: PLSE
  • Founded: 2007
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Implied Market Cap: US$257.840m
  • Shares outstanding: 293.00m
  • Website: https://www.ooredoo.ps

Number of Employees


Location

  • Wataniya Palestine Mobile Telecommunication - Public Shareholding Company
  • PO Box 4236
  • Ramallah
  • Palestinian Authority


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OOREDOOPLSE (Palestine Securities Exchange)YesOrdinary SharesPSUSDJan 2011

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/26 00:00
Earnings2022/06/30
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.