Etihad Etisalat Valuation
Is 7020 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
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 7020 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 7020 (SAR51.9) is trading below our estimate of fair value (SAR67.83)
Significantly Below Fair Value: 7020 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 7020?
Other financial metrics that can be useful for relative valuation.
| What is 7020's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ر.س39.96b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.8x |
| Enterprise Value/EBITDA | 7.9x |
| PEG Ratio | 1.6x |
Price to Earnings Ratio vs Peers
How does 7020's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 18.6x | ||
7030 Mobile Telecommunications Company Saudi Arabia | 8.7x | -16.4% | ر.س11.1b |
7010 Saudi Telecom | 14x | 4.8% | ر.س185.9b |
4904 Far EasTone Telecommunications | 26.1x | 10.7% | NT$292.1b |
3045 Taiwan Mobile | 25.8x | 6.2% | NT$316.1b |
7020 Etihad Etisalat | 17.9x | 11.0% | ر.س40.0b |
Price-To-Earnings vs Peers: 7020 is good value based on its Price-To-Earnings Ratio (17.9x) compared to the peer average (18.6x).
Price to Earnings Ratio vs Industry
How does 7020's PE Ratio compare vs other companies in the Asian Wireless Telecom Industry?
Price-To-Earnings vs Industry: 7020 is good value based on its Price-To-Earnings Ratio (17.9x) compared to the Asian Wireless Telecom industry average (19.5x).
Price to Earnings Ratio vs Fair Ratio
What is 7020'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 | 17.9x |
| Fair PE Ratio | 14x |
Price-To-Earnings vs Fair Ratio: 7020 is expensive based on its Price-To-Earnings Ratio (17.9x) compared to the estimated Fair Price-To-Earnings Ratio (14x).
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.س51.90 | ر.س59.71 +15.1% | 7.7% | ر.س65.00 | ر.س48.00 | n/a | 11 |
| Apr ’25 | ر.س51.50 | ر.س59.71 +16.0% | 7.7% | ر.س65.00 | ر.س48.00 | n/a | 11 |
| Mar ’25 | ر.س55.30 | ر.س57.15 +3.3% | 9.9% | ر.س65.00 | ر.س48.00 | n/a | 10 |
| Feb ’25 | ر.س52.50 | ر.س55.89 +6.5% | 10.6% | ر.س65.00 | ر.س48.00 | n/a | 10 |
| Jan ’25 | ر.س50.00 | ر.س53.07 +6.1% | 6.6% | ر.س60.00 | ر.س48.00 | n/a | 9 |
| Dec ’24 | ر.س46.20 | ر.س51.83 +12.2% | 9.7% | ر.س60.00 | ر.س40.00 | n/a | 10 |
| Nov ’24 | ر.س47.75 | ر.س51.54 +7.9% | 9.0% | ر.س57.10 | ر.س40.00 | n/a | 10 |
| Oct ’24 | ر.س44.45 | ر.س50.62 +13.9% | 9.4% | ر.س57.10 | ر.س40.00 | n/a | 11 |
| Sep ’24 | ر.س45.15 | ر.س50.56 +12.0% | 9.3% | ر.س56.10 | ر.س40.00 | n/a | 10 |
| Aug ’24 | ر.س45.80 | ر.س50.48 +10.2% | 10.4% | ر.س59.10 | ر.س40.00 | n/a | 10 |
| Jul ’24 | n/a | ر.س48.82 0% | 10.1% | ر.س56.10 | ر.س40.00 | n/a | 10 |
| Jun ’24 | ر.س43.00 | ر.س48.61 +13.0% | 9.8% | ر.س56.10 | ر.س40.00 | n/a | 10 |
| May ’24 | ر.س44.45 | ر.س45.12 +1.5% | 13.3% | ر.س56.10 | ر.س32.40 | ر.س51.70 | 11 |
| Apr ’24 | ر.س41.25 | ر.س43.99 +6.6% | 12.3% | ر.س53.90 | ر.س32.40 | ر.س51.50 | 11 |
| Mar ’24 | ر.س39.95 | ر.س42.95 +7.5% | 12.6% | ر.س53.90 | ر.س32.40 | ر.س55.30 | 11 |
| Feb ’24 | ر.س35.75 | ر.س42.34 +18.4% | 12.0% | ر.س50.70 | ر.س32.40 | ر.س52.50 | 10 |
| Jan ’24 | ر.س34.85 | ر.س42.23 +21.2% | 11.5% | ر.س50.70 | ر.س32.40 | ر.س50.00 | 10 |
| Dec ’23 | ر.س37.00 | ر.س42.66 +15.3% | 11.8% | ر.س50.70 | ر.س32.40 | ر.س46.20 | 11 |
| Nov ’23 | ر.س37.60 | ر.س42.63 +13.4% | 11.8% | ر.س50.70 | ر.س32.40 | ر.س47.75 | 11 |
| Oct ’23 | ر.س35.60 | ر.س42.70 +19.9% | 12.3% | ر.س52.00 | ر.س32.40 | ر.س44.45 | 11 |
| Sep ’23 | ر.س36.95 | ر.س43.06 +16.5% | 12.3% | ر.س52.00 | ر.س32.40 | ر.س45.15 | 11 |
| Aug ’23 | ر.س38.30 | ر.س42.20 +10.2% | 12.6% | ر.س52.00 | ر.س32.40 | ر.س45.80 | 10 |
| Jul ’23 | ر.س35.00 | ر.س42.59 +21.7% | 11.6% | ر.س52.00 | ر.س35.00 | n/a | 9 |
| Jun ’23 | ر.س38.55 | ر.س42.22 +9.5% | 11.8% | ر.س52.00 | ر.س35.00 | ر.س43.00 | 9 |
| May ’23 | ر.س43.25 | ر.س41.74 -3.5% | 11.6% | ر.س52.00 | ر.س35.00 | ر.س44.45 | 9 |
Analyst Forecast: Target price is less than 20% higher than the current share price.