ADES Holding Valuation
Is 2382 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
0/6Valuation Score 0/6
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 2382 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2382 (SAR19.74) is trading above our estimate of fair value (SAR16.84)
Significantly Below Fair Value: 2382 is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2382?
Other financial metrics that can be useful for relative valuation.
| What is 2382's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س21.62b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 7.4x |
| Enterprise Value/EBITDA | 16.8x |
| PEG Ratio | 2.3x |
Price to Earnings Ratio vs Peers
How does 2382's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 22.7x | ||
2381 Arabian Drilling | 22.2x | 11.5% | ر.س13.4b |
4030 National Shipping Company of Saudi Arabia | 12.6x | n/a | ر.س20.3b |
4200 Aldrees Petroleum and Transport Services | 45.1x | 16.0% | ر.س12.7b |
HP Helmerich & Payne | 10.8x | 12.1% | US$3.9b |
2382 ADES Holding | 48.9x | 21.7% | ر.س21.6b |
Price-To-Earnings vs Peers: 2382 is expensive based on its Price-To-Earnings Ratio (48.9x) compared to the peer average (22.7x).
Price to Earnings Ratio vs Industry
How does 2382's PE Ratio compare vs other companies in the Asian Energy Services Industry?
Price-To-Earnings vs Industry: 2382 is expensive based on its Price-To-Earnings Ratio (48.9x) compared to the Asian Energy Services industry average (15.7x).
Price to Earnings Ratio vs Fair Ratio
What is 2382'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 48.9x |
| Fair PE Ratio | 31.6x |
Price-To-Earnings vs Fair Ratio: 2382 is expensive based on its Price-To-Earnings Ratio (48.9x) compared to the estimated Fair Price-To-Earnings Ratio (31.6x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ر.س19.74 | ر.س19.44 -1.5% | 14.9% | ر.س26.00 | ر.س16.00 | n/a | 8 |
| Apr ’25 | ر.س20.12 | ر.س19.33 -3.9% | 15.1% | ر.س26.00 | ر.س15.50 | n/a | 9 |
| Mar ’25 | ر.س20.00 | ر.س18.44 -7.8% | 9.4% | ر.س20.90 | ر.س15.50 | n/a | 8 |
| Feb ’25 | ر.س20.54 | ر.س18.44 -10.2% | 9.4% | ر.س20.90 | ر.س15.50 | n/a | 8 |
| Jan ’25 | ر.س24.64 | ر.س19.53 -20.8% | 12.9% | ر. س23.00 | ر.س15.50 | n/a | 8 |
| Dec ’24 | ر.س21.50 | ر.س19.41 -9.7% | 12.8% | ر.س23.00 | ر.س15.50 | n/a | 8 |
| Nov ’24 | ر.س18.78 | ر.س18.47 -1.6% | 8.6% | ر.س20.00 | ر.س15.50 | n/a | 7 |
Analyst Forecast: Target price is lower than the current share price.