Al Tayyar’s Q1 profit falls 32% to SAR 194 mln

20/04/2016 Argaam Exclusive

View other reports

Al Tayyar Travel Group Holding reported a net profit of SAR 194 million for the first quarter of 2016, a 32 percent year-on-year (YoY) drop attributed mainly to a decline in sales, lower gross profit margins, and impairment losses from investments.

Profit for the quarter fell 10 percent when compared to Q4-2015, due to a decline in sales over the period.

Current Quarter Comparison (M)

Compared With The

Item	Q1 2015	Q1 2016	Change‬
Revenues	2,152.58	534.96	(75.1 %)
Gross Income	441.08	402.93	(8.6 %)
Operating Income	284.32	241.23	(15.2 %)
Net Income	285.63	191.05	(33.1 %)
Average Shares	286.19	300.00	4.8 %
EPS (Riyals)	1.00	0.64	(36.2 %)

Item	Q4 2015	Q1 2016	Change‬
Revenues	2,184.77	534.96	(75.5 %)
Gross Income	416.77	402.93	(3.3 %)
Operating Income	216.72	241.23	11.3 %
Net Income	215.26	191.05	(11.2 %)
Average Shares	286.19	300.00	4.8 %
EPS (Riyals)	0.75	0.64	(15.3 %)

Financial results (Million)

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
Q1 2007	-	-	-	-	-	-	-
Q2 2007	-	-	-	-	-	-	-
Q3 2007	-	-	-	-	-	-	-
Q4 2007	-	-	-	-	-	-	-
2007	-	-	-	-	-	-	-
Q1 2008	-	-	-	-	-	-	-
Q2 2008	-	-	-	-	-	-	-
Q3 2008	-	-	-	-	-	-	-
Q4 2008	-	-	-	-	-	-	-
2008	2,771.45	-	463.05	-	279.28	-	0.98
Q1 2009	-	-	-	-	-	-	-
Q2 2009	-	-	-	-	-	-	-
Q3 2009	-	-	-	-	-	-	-
Q4 2009	-	-	-	-	-	-	-
2009	3,068.99	10.7 %	647.26	39.8 %	395.72	41.7 %	1.38
Q1 2010	-	-	-	-	-	-	-
Q2 2010	-	-	-	-	-	-	-
Q3 2010	-	-	-	-	-	-	-
Q4 2010	-	-	-	-	-	-	-
2010	3,824.22	24.6 %	889.76	37.5 %	496.31	25.4 %	1.73
Q1 2011	-	-	-	-	-	-	-
Q2 2011	-	-	-	-	-	-	-
Q3 2011	1,103.48	-	249.93	-	174.23	-	0.61
Q4 2011	1,254.91	-	217.35	-	113.07	-	0.40
2011	4,607.41	20.5 %	1,029.35	15.7 %	611.98	23.3 %	2.14
Q1 2012	1,352.82	-	241.76	-	152.87	-	0.53
Q2 2012	1,407.64	-	370.46	-	243.96	-	0.85
Q3 2012	1,300.42	17.8 %	289.76	15.9 %	201.34	15.6 %	0.70
Q4 2012	1,329.07	5.9 %	246.57	13.4 %	157.21	39.0 %	0.55
2012	5,389.95	17.0 %	1,148.55	11.6 %	755.37	23.4 %	2.64
Q1 2013	1,554.96	14.9 %	301.55	24.7 %	217.90	42.5 %	0.76
Q2 2013	1,670.42	18.7 %	402.69	8.7 %	336.18	37.8 %	1.17
Q3 2013	1,441.91	10.9 %	298.39	3.0 %	214.87	6.7 %	0.75
Q4 2013	1,592.99	19.9 %	338.79	37.4 %	208.27	32.5 %	0.73
2013	6,260.27	16.1 %	1,341.42	16.8 %	977.22	29.4 %	3.41
Q1 2014	1,790.31	15.1 %	363.26	20.5 %	280.00	28.5 %	0.98
Q2 2014	1,977.95	18.4 %	476.19	18.3 %	363.69	8.2 %	1.27
Q3 2014	1,759.46	22.0 %	375.62	25.9 %	243.77	13.5 %	0.85
Q4 2014	2,185.93	37.2 %	408.06	20.4 %	231.47	11.1 %	0.81
2014	7,711.37	23.2 %	1,620.86	20.8 %	1,118.93	14.5 %	3.91
Q1 2015	2,152.58	20.2 %	441.08	21.4 %	285.63	2.0 %	1.00
Q2 2015	2,386.89	20.7 %	545.42	14.5 %	395.55	8.8 %	1.38
Q3 2015	1,906.81	8.4 %	387.72	3.2 %	265.12	8.8 %	0.93
Q4 2015	2,184.77	(0.1 %)	416.77	2.1 %	215.26	(7.0 %)	0.75
2015	8,631.04	11.9 %	1,800.33	11.1 %	1,161.56	3.8 %	4.06
Q1 2016	534.96	(75.1 %)	402.93	(8.6 %)	191.05	(33.1 %)	0.64

Period	Revenues	Change	Gross Income	Change	Net Income	Change	EPS(Riyal)
2006	-	-	-	-	-	-	-
2007	-	-	-	-	-	-	-
2008	2,771.45	-	463.05	-	279.28	-	0.98
2009	3,068.99	10.7 %	647.26	39.8 %	395.72	41.7 %	1.38
2010	3,824.22	24.6 %	889.76	37.5 %	496.31	25.4 %	1.73
2011	4,607.41	20.5 %	1,029.35	15.7 %	611.98	23.3 %	2.14
2012	5,389.95	17.0 %	1,148.55	11.6 %	755.37	23.4 %	2.64
2013	6,260.27	16.1 %	1,341.42	16.8 %	977.22	29.4 %	3.41
2014	7,711.37	23.2 %	1,620.86	20.8 %	1,118.93	14.5 %	3.91
2015	8,631.04	11.9 %	1,800.33	11.1 %	1,161.56	3.8 %	4.06

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2007	-	-	-
Q2 2007	-	-	-
Q3 2007	-	-	-
Q4 2007	-	-	-
2007	-	-	-
Q1 2008	-	-	-
Q2 2008	-	-	-
Q3 2008	-	-	-
Q4 2008	-	-	-
2008	16.71 %	10.54 %	10.08 %
Q1 2009	-	-	-
Q2 2009	-	-	-
Q3 2009	-	-	-
Q4 2009	-	-	-
2009	21.09 %	13.39 %	12.89 %
Q1 2010	-	-	-
Q2 2010	-	-	-
Q3 2010	-	-	-
Q4 2010	-	-	-
2010	23.27 %	14.59 %	12.98 %
Q1 2011	-	-	-
Q2 2011	-	-	-
Q3 2011	-	-	-
Q4 2011	-	-	-
2011	22.34 %	15.02 %	13.28 %
Q1 2012	-	-	-
Q2 2012	21.09 %	14.53 %	13.36 %
Q3 2012	21.06 %	14.61 %	13.38 %
Q4 2012	21.31 %	15.13 %	14.01 %
2012	21.31 %	15.13 %	14.01 %
Q1 2013	21.61 %	15.53 %	14.63 %
Q2 2013	21.19 %	15.31 %	14.96 %
Q3 2013	20.83 %	14.88 %	14.86 %
Q4 2013	21.43 %	15.01 %	14.99 %
2013	21.43 %	15.01 %	14.99 %
Q1 2014	21.60 %	15.06 %	14.99 %
Q2 2014	21.71 %	15.24 %	15.23 %
Q3 2014	21.82 %	15.06 %	14.92 %
Q4 2014	21.04 %	14.66 %	14.53 %
2014	21.02 %	14.63 %	14.53 %
Q1 2015	21.06 %	14.63 %	14.31 %
Q2 2015	20.86 %	14.45 %	14.23 %
Q3 2015	20.65 %	14.19 %	14.36 %
Q4 2015	20.75 %	13.90 %	14.24 %
2015	20.86 %	13.90 %	14.24 %
Q1 2016	24.99 %	16.54 %	16.52 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2006	-	-	-
2007	-	-	-
2008	16.71 %	10.54 %	10.08 %
2009	21.09 %	13.39 %	12.89 %
2010	23.27 %	14.59 %	12.98 %
2011	22.34 %	15.02 %	13.28 %
2012	21.31 %	15.13 %	14.01 %
2013	21.43 %	15.01 %	14.99 %
2014	21.02 %	14.63 %	14.53 %
2015	20.86 %	13.90 %	14.24 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2007	-	-	-
Q2 2007	-	-	-
Q3 2007	-	-	-
Q4 2007	-	-	-
Q1 2008	-	-	-
Q2 2008	-	-	-
Q3 2008	-	-	-
Q4 2008	-	-	-
Q1 2009	-	-	-
Q2 2009	-	-	-
Q3 2009	-	-	-
Q4 2009	-	-	-
Q1 2010	-	-	-
Q2 2010	-	-	-
Q3 2010	-	-	-
Q4 2010	-	-	-
Q1 2011	-	-	-
Q2 2011	-	-	-
Q3 2011	22.65 %	16.71 %	15.79 %
Q4 2011	17.32 %	10.05 %	9.01 %
Q1 2012	17.87 %	11.97 %	11.30 %
Q2 2012	26.32 %	19.28 %	17.33 %
Q3 2012	22.28 %	16.69 %	15.48 %
Q4 2012	18.55 %	12.41 %	11.83 %
Q1 2013	19.39 %	13.83 %	13.87 %
Q2 2013	24.11 %	17.91 %	18.05 %
Q3 2013	20.69 %	14.80 %	15.01 %
Q4 2013	21.27 %	13.32 %	12.87 %
Q1 2014	20.29 %	14.14 %	14.01 %
Q2 2014	24.07 %	18.08 %	18.40 %
Q3 2014	21.35 %	14.17 %	13.80 %
Q4 2014	18.67 %	12.38 %	12.04 %
Q1 2015	20.49 %	14.10 %	13.27 %
Q2 2015	22.85 %	16.86 %	17.41 %
Q3 2015	20.33 %	13.01 %	14.43 %
Q4 2015	19.08 %	11.23 %	11.55 %
Q1 2016	75.32 %	49.44 %	40.36 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2007	-	-	-	-
Q2 2007	-	-	-	-
Q3 2007	-	-	-	-
Q4 2007	-	-	-	-
Q1 2008	-	-	-	-
Q2 2008	-	-	-	-
Q3 2008	-	-	-	-
Q4 2008	-	-	-	-
Q1 2009	-	-	-	-
Q2 2009	-	-	-	-
Q3 2009	-	-	-	-
Q4 2009	-	-	-	-
Q1 2010	-	-	-	-
Q2 2010	-	-	-	-
Q3 2010	-	-	-	-
Q4 2010	-	-	-	-
Q1 2011	-	-	-	-
Q2 2011	-	-	-	-
Q3 2011	286.19	-	-	4.39
Q4 2011	286.19	-	-	4.09
Q1 2012	286.19	-	-	4.62
Q2 2012	286.19	2.39	2.39	5.48
Q3 2012	286.19	2.49	2.49	5.48
Q4 2012	286.19	2.64	2.64	6.02
Q1 2013	286.19	2.87	2.86	6.05
Q2 2013	286.19	3.19	3.06	7.22
Q3 2013	286.19	3.24	3.11	7.13
Q4 2013	286.19	3.41	3.28	7.86
Q1 2014	286.19	3.63	3.40	7.88
Q2 2014	286.19	3.73	3.62	9.26
Q3 2014	286.19	3.83	3.71	9.12
Q4 2014	286.19	3.91	3.92	9.93
Q1 2015	286.19	3.93	4.04	10.83
Q2 2015	286.19	4.04	4.22	12.25
Q3 2015	286.19	4.12	4.33	13.14
Q4 2015	286.19	4.06	4.29	13.88
Q1 2016	300.00	3.56	3.86	16.80

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2006	-	-	-	-
2007	-	-	-	-
2008	286.19	0.98	0.98	2.78
2009	286.19	1.38	1.38	3.72
2010	286.19	1.73	1.73	4.05
2011	286.19	2.14	2.14	4.09
2012	286.19	2.64	2.64	6.02
2013	286.19	3.41	3.28	7.86
2014	286.19	3.91	3.92	9.93
2015	286.19	4.06	4.29	13.88

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2007	-	-	-
Q2 2007	-	-	-
Q3 2007	-	-	-
Q4 2007	-	-	-
Q1 2008	-	-	-
Q2 2008	-	-	-
Q3 2008	-	-	-
Q4 2008	-	-	-
Q1 2009	-	-	-
Q2 2009	-	-	-
Q3 2009	-	-	-
Q4 2009	-	-	-
Q1 2010	-	-	-
Q2 2010	-	-	-
Q3 2010	-	-	-
Q4 2010	-	-	-
Q1 2011	-	-	-
Q2 2011	-	-	-
Q3 2011	-	-	-
Q4 2011	-	-	-
Q1 2012	-	-	-
Q2 2012	7.97	7.97	3.48
Q3 2012	7.52	7.52	3.41
Q4 2012	7.03	7.03	3.08
Q1 2013	9.26	9.28	4.39
Q2 2013	9.07	9.45	4.01
Q3 2013	12.30	12.79	5.58
Q4 2013	13.78	14.35	5.99
Q1 2014	17.26	18.42	7.96
Q2 2014	17.68	18.20	7.12
Q3 2014	20.73	21.37	8.70
Q4 2014	16.73	16.71	6.59
Q1 2015	18.82	18.32	6.83
Q2 2015	17.93	17.18	5.91
Q3 2015	13.59	12.91	4.25
Q4 2015	13.06	12.35	3.82
Q1 2016	6.89	6.34	1.46

Period	P/E	Adjusted P/E	Price/book
2006	-	-	-
2007	-	-	-
2008	-	-	-
2009	-	-	-
2010	-	-	-
2011	-	-	-
2012	7.03	7.03	3.08
2013	13.78	14.35	5.99
2014	16.73	16.71	6.59
2015	13.06	12.35	3.82

Business Segments (Million)

Compared With The

Period	Tourism	Transportation	Ticketing	Other sectors	Property rentals	Airline tickets / Travel and Tourism Reservations	Shipping	Transportation and other	Eliminations
Q3 2011	-	-	-	-	-	1,044.47	47.70	11.32	-
Q4 2011	-	-	-	-	-	1,189.54	46.23	19.15	-
Q1 2012	-	-	-	-	-	1,320.08	21.04	11.69	-
Q2 2012	-	-	-	-	-	1,368.45	27.20	12.00	-
Q3 2012	-	-	-	-	-	1,246.42	33.22	20.78	-
Q4 2012	-	-	-	-	-	1,273.55	35.14	20.38	-
Q1 2013	-	-	-	-	-	1,520.17	22.99	11.80	-
Q2 2013	-	-	-	-	-	1,619.05	34.37	16.99	-
Q3 2013	-	-	-	-	-	1,388.81	34.46	18.64	-
Q4 2013	-	-	-	-	-	1,537.72	37.37	17.90	-
Q1 2014	-	-	-	-	-	1,742.78	33.01	14.52	-
Q2 2014	-	-	-	-	-	1,925.79	39.55	12.62	-
Q3 2014	-	-	-	-	-	1,690.47	49.80	19.19	-
Q4 2014	-	-	-	-	-	2,098.82	39.06	45.78	-
Q1 2015	-	-	-	-	-	2,046.43	32.89	73.26	-
Q2 2015	-	-	-	-	-	2,257.11	51.89	77.88	-
Q3 2015	-	-	-	-	-	1,787.27	38.38	81.06	-
Q4 2015	-	-	-	-	-	2,055.07	36.69	93.11	-
Q1 2016	149.27	23.18	357.28	4.34	8.72	-	-	-	(7.83)

Period	Tourism	Transportation	Ticketing	Other sectors	Property rentals	Airline tickets / Travel and Tourism Reservations	Shipping	Transportation and other	Eliminations
2011	-	-	-	-	-	4,415.83	137.36	54.22	-
2012	-	-	-	-	-	5,208.50	116.59	64.85	-
2013	-	-	-	-	-	6,065.75	129.19	65.33	-
2014	-	-	-	-	-	7,457.86	161.41	92.10	-
2015	-	-	-	-	-	8,145.88	159.85	325.31	-

Analysts Estimates (Million)

Item	Q1 2016 (e)	Q1 2016 (a)	Change‬
Average	204.20	191.05	(6.4 %)

Estimates vs Actual (Million)

Item	Q1 2016 (e)	Q1 2016 (a)	Change
OSOOL AND BAKHEET	194.20	191.05	(1.6) %
KASB Capital	207.60	191.05	(8.0) %
AlJazira Capital	210.80	191.05	(9.4) %

Financial Ratios

	Current
Market Cap (M Riyal)	7,458.00
Enterprise Value (EV) (M)	8,860.84
Shares Outstanding ((M))	300.00
EPS ( Riyal) (TTM)	0.82
Book Value (BV) ( Riyal)	22.37
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	More than 100
P/E (TTM)	30.19
Price/book	1.11
Return on Average Assets (%) (TTM)	2.4
Return on Average Equity (%) (TTM)	4.1

Seera Group Holding (SEERA)

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Sign In

Search Result

Al Tayyar’s Q1 profit falls 32% to SAR 194 mln

View other reports

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million)

Revenue by Business Segment (Latest) 2016 Q1

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Seera Group Holding (SEERA)

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Sign In

×

Forgot password?

Al Tayyar’s Q1 profit falls 32% to SAR 194 mln

View other reports

Current Quarter Comparison (M)

Financial results (Million)

Financial results (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q1 2016

Revenue by Business Segment (Latest) 2016 Q1

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

Financial Ratios

Share Price

Seera Group Holding (SEERA)

Comments {{getCommentCount()}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}}

Business Segments (Million)