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4345

Swicorp Wabel Reit Fund SASE:4345 Stock Report

Last Price

ر.س5.91

Market Cap

ر.س697.4m

7D

1.2%

1Y

-33.3%

Updated

29 Jun, 2022

Data

Company Financials
4345 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends3/6

4345 Stock Overview

No business description

Swicorp Wabel Reit Fund Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Swicorp Wabel Reit Fund
Historical stock prices
Current Share Priceر.س5.91
52 Week Highر.س9.47
52 Week Lowر.س5.79
Beta0.31
1 Month Change-8.51%
3 Month Change-14.96%
1 Year Change-33.30%
3 Year Change-24.52%
5 Year Changen/a
Change since IPO-33.67%

Recent News & Updates

Shareholder Returns

4345SA REITsSA Market
7D1.2%1.4%3.9%
1Y-33.3%-16.1%15.6%

Return vs Industry: 4345 underperformed the SA REITs industry which returned -13.7% over the past year.

Return vs Market: 4345 underperformed the SA Market which returned 12.1% over the past year.

Price Volatility

Is 4345's price volatile compared to industry and market?
4345 volatility
4345 Average Weekly Movement1.9%
REITs Industry Average Movement2.0%
Market Average Movement4.9%
10% most volatile stocks in SA Market7.3%
10% least volatile stocks in SA Market3.1%

Stable Share Price: 4345 is less volatile than 75% of SA stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 4345's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/an/a

Swicorp Wabel Reit Fund Fundamentals Summary

How do Swicorp Wabel Reit Fund's earnings and revenue compare to its market cap?
4345 fundamental statistics
Market Capر.س697.38m
Earnings (TTM)-ر.س14.86m
Revenue (TTM)ر.س59.05m

11.8x

P/S Ratio

-46.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
4345 income statement (TTM)
Revenueر.س59.05m
Cost of Revenueر.س29.87m
Gross Profitر.س29.17m
Other Expensesر.س44.03m
Earnings-ر.س14.86m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin49.41%
Net Profit Margin-25.16%
Debt/Equity Ratio0%

How did 4345 perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

4%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 4345 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 4345?

Other financial metrics that can be useful for relative valuation.

4345 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/Revenue11.4x
Enterprise Value/EBITDA108x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 4345's PS Ratio compare to its peers?

4345 PS Ratio vs Peers
The above table shows the PS ratio for 4345 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average15.1x
4337 SICO Capital - SICO Saudi REIT Fund
27.6xn/aر.س419.0m
4335 Musharaka REIT Fund
9.6xn/aر.س856.2m
4333 Taleem REIT Fund
12.5xn/aر.س634.4m
4334 Al Maather Reit Fund
10.8xn/aر.س533.9m
4345 Swicorp Wabel Reit Fund
11.8xn/aر.س697.4m

Price-To-Sales vs Peers: 4345 is good value based on its Price-To-Sales Ratio (11.8x) compared to the peer average (15.1x).


Price to Earnings Ratio vs Industry

How does 4345's PE Ratio compare vs other companies in the Asian REITs Industry?

Price-To-Sales vs Industry: 4345 is expensive based on its Price-To-Sales Ratio (11.8x) compared to the SA REITs industry average (11.1x)


Price to Sales Ratio vs Fair Ratio

What is 4345's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

4345 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio11.8x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 4345's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 4345 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 4345 (SAR5.91) is trading above our estimate of fair value (SAR2.3)

Significantly Below Fair Value: 4345 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4345's PEG Ratio to determine if it is good value.


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Future Growth

How is Swicorp Wabel Reit Fund 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


3.5%

Forecasted Real Estate 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 Swicorp Wabel Reit Fund 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 Swicorp Wabel Reit Fund performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


90.2%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: 4345 is currently unprofitable.

Growing Profit Margin: 4345 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 4345's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare 4345's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 4345 is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (12.6%).


Return on Equity

High ROE: 4345 has a negative Return on Equity (-1.59%), as it is currently unprofitable.


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Financial Health

How is Swicorp Wabel Reit Fund's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 4345's short term assets (SAR49.8M) exceed its short term liabilities (SAR6.8M).

Long Term Liabilities: 4345's short term assets (SAR49.8M) exceed its long term liabilities (SAR7.0M).


Debt to Equity History and Analysis

Debt Level: 4345 is debt free.

Reducing Debt: 4345 has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 4345 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 4345 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 51.4% per year.


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Dividend

What is Swicorp Wabel Reit Fund 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

  • Future Dividend Coverage


7.28%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 4345's dividend (7.28%) is higher than the bottom 25% of dividend payers in the SA market (1.95%).

High Dividend: 4345's dividend (7.28%) is in the top 25% of dividend payers in the SA market (4.54%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 4345 has been paying a dividend for less than 10 years.

Growing Dividend: 4345's dividend payments have increased, but the company has only paid a dividend for 3 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (3.7%), 4345's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (470.2%), 4345'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?


CEO

Swicorp Wabel Reit Fund has no CEO, or we have no data on them.


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

Swicorp Wabel Reit Fund's employee growth, exchange listings and data sources


Key Information

  • Name: Swicorp Wabel Reit Fund
  • Ticker: 4345
  • Exchange: SASE
  • Founded: NaN
  • Industry: Retail REITs
  • Sector: Real Estate
  • Implied Market Cap: ر.س697.380m
  • Shares outstanding: 118.00m

Location

  • Swicorp Wabel Reit Fund
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 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.