Alhokair Group's FY15 profit falls 3% on expansion costs

Abdulmohsen Alhokair Group for Tourism and Development Co. (Al Hokair Group) said its net profit for the 2015 fiscal year fell 3.4 percent year-on-year (YOY) to SAR 189.8 million on pre-operating expenses related to the opening of new hotels and higher general and administrative costs.

Financials (M)

Item	2014	2015	Change‬
Revenues	951.62	1,145.90	20.4 %
Gross Income	356.31	421.80	18.4 %
Operating Income	182.22	170.92	(6.2 %)
Net Income	196.49	189.78	(3.4 %)
Average Shares	226.54	226.54	-
EPS (Riyals)	0.87	0.84	(3.4 %)

The group’s fourth-quarter net profit dropped 37 percent YOY to SAR 31.9 million. Profit tumbled 44 percent quarter-on-quarter.

Current Quarter Comparison (M)

Compared With The

Item	Q4 2014	Q4 2015	Change‬
Revenues	232.47	275.59	18.5 %
Gross Income	86.37	91.39	5.8 %
Operating Income	47.55	27.55	(42.1 %)
Net Income	50.24	31.90	(36.5 %)
Average Shares	226.54	226.54	-
EPS (Riyals)	0.22	0.14	(36.5 %)

Item	Q3 2015	Q4 2015	Change‬
Revenues	316.63	275.59	(13.0 %)
Gross Income	118.98	91.39	(23.2 %)
Operating Income	52.91	27.55	(47.9 %)
Net Income	57.20	31.90	(44.2 %)
Average Shares	226.54	226.54	-
EPS (Riyals)	0.25	0.14	(44.2 %)

View other reports

Share Price

BAAN Holding Group Co. (BAAN)

	Current
Market Cap (M Riyal)	778.05
Enterprise Value (EV) (M)	1,189.78
Shares Outstanding ((M))	315.00
EPS ( Riyal) (TTM)	(0.16)
Book Value (BV) ( Riyal)	0.70
Par Value ( Riyal)	1.00
Adjusted P/E (Last12)	Neg
P/E (TTM)	NEG
Price/book	3.51
Return on Average Assets (%) (TTM)	(2.46 )
Return on Average Equity (%) (TTM)	(20.25 )

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
Q1 2006	-	-	-	-	-	-
Q2 2006	-	-	-	-	-	-
Q3 2006	-	-	-	-	-	-
Q4 2006	-	-	-	-	-	-
2006	-	-	-	-	-	-
Q1 2007	-	-	-	-	-	-
Q2 2007	-	-	-	-	-	-
Q3 2007	-	-	-	-	-	-
Q4 2007	-	-	-	-	-	-
2007	-	-	-	-	-	-
Q1 2008	-	-	-	-	-	-
Q2 2008	-	-	-	-	-	-
Q3 2008	-	-	-	-	-	-
Q4 2008	-	-	-	-	-	-
2008	-	-	-	-	-	-
Q1 2009	-	-	-	-	-	-
Q2 2009	-	-	-	-	-	-
Q3 2009	-	-	-	-	-	-
Q4 2009	-	-	-	-	-	-
2009	-	-	-	-	-	-
Q1 2010	-	-	-	-	-	-
Q2 2010	-	-	-	-	-	-
Q3 2010	-	-	-	-	-	-
Q4 2010	-	-	-	-	-	-
2010	649.04	-	228.42	-	115.22	-
Q1 2011	-	-	-	-	-	-
Q2 2011	-	-	-	-	-	-
Q3 2011	-	-	-	-	-	-
Q4 2011	-	-	-	-	-	-
2011	722.59	11.3 %	275.74	20.7 %	149.76	30.0 %
Q1 2012	184.33	-	75.34	-	43.30	-
Q2 2012	199.62	-	82.19	-	45.96	-
Q3 2012	193.78	-	73.93	-	39.43	-
Q4 2012	192.62	-	64.59	-	25.11	-
2012	770.35	6.6 %	294.93	7.0 %	152.69	2.0 %
Q1 2013	218.12	18.3 %	83.27	10.5 %	42.47	(1.9 %)
Q2 2013	231.99	16.2 %	89.12	8.4 %	49.14	6.9 %
Q3 2013	217.19	12.1 %	69.53	(6.0 %)	29.12	(26.1 %)
Q4 2013	212.90	10.5 %	84.28	30.5 %	48.95	95.0 %
2013	880.06	14.2 %	325.86	10.5 %	169.45	11.0 %
Q1 2014	232.60	6.6 %	90.43	8.6 %	47.23	11.2 %
Q2 2014	241.06	3.9 %	88.93	(0.2 %)	47.43	(3.5 %)
Q3 2014	245.49	13.0 %	90.59	30.3 %	40.00	37.4 %
Q4 2014	232.47	9.2 %	86.37	2.5 %	47.55	(2.9 %)
2014	951.62	8.1 %	356.31	9.3 %	182.22	7.5 %
Q1 2015	278.05	19.5 %	113.50	25.5 %	55.24	17.0 %
Q2 2015	275.62	14.3 %	97.93	10.1 %	35.22	(25.7 %)
Q3 2015	316.63	29.0 %	118.98	31.3 %	52.91	32.3 %
Q4 2015	275.59	18.5 %	91.39	5.8 %	27.55	(42.1 %)
2015	1,145.90	20.4 %	421.80	18.4 %	170.92	(6.2 %)

Period	Revenues	Change	Gross Income	Change	Operating Income	Change
2006	-	-	-	-	-	-
2007	-	-	-	-	-	-
2008	-	-	-	-	-	-
2009	-	-	-	-	-	-
2010	649.04	-	228.42	-	115.22	-
2011	722.59	11.3 %	275.74	20.7 %	149.76	30.0 %
2012	770.35	6.6 %	294.93	7.0 %	152.69	2.0 %
2013	880.06	14.2 %	325.86	10.5 %	169.45	11.0 %
2014	951.62	8.1 %	356.31	9.3 %	182.22	7.5 %
2015	1,145.90	20.4 %	421.80	18.4 %	170.92	(6.2 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2006	-	-	-	-	-	-
Q2 2006	-	-	-	-	-	-
Q3 2006	-	-	-	-	-	-
Q4 2006	-	-	-	-	-	-
2006	-	-	-	-	-	-
Q1 2007	-	-	-	-	-	-
Q2 2007	-	-	-	-	-	-
Q3 2007	-	-	-	-	-	-
Q4 2007	-	-	-	-	-	-
2007	-	-	-	-	-	-
Q1 2008	-	-	-	-	-	-
Q2 2008	-	-	-	-	-	-
Q3 2008	-	-	-	-	-	-
Q4 2008	-	-	-	-	-	-
2008	-	-	-	-	-	-
Q1 2009	-	-	-	-	-	-
Q2 2009	-	-	-	-	-	-
Q3 2009	-	-	-	-	-	-
Q4 2009	-	-	-	-	-	-
2009	-	-	-	-	-	-
Q1 2010	-	-	-	-	-	-
Q2 2010	-	-	-	-	-	-
Q3 2010	-	-	-	-	-	-
Q4 2010	-	-	-	-	-	-
2010	139.13	-	0.61	10.11	129.02	0.57
Q1 2011	-	-	-	-	-	-
Q2 2011	-	-	-	-	-	-
Q3 2011	-	-	-	-	-	-
Q4 2011	-	-	-	-	-	-
2011	175.78	26.3 %	0.78	-	175.78	0.78
Q1 2012	49.82	-	0.22	-	49.82	0.22
Q2 2012	53.21	-	0.23	-	53.21	0.23
Q3 2012	47.01	-	0.21	-	47.01	0.21
Q4 2012	29.92	-	0.13	-	29.92	0.13
2012	178.85	1.7 %	0.79	-	178.85	0.79
Q1 2013	47.79	(4.1 %)	0.21	-	47.79	0.21
Q2 2013	54.24	1.9 %	0.24	-	54.24	0.24
Q3 2013	32.55	(30.8 %)	0.14	-	32.55	0.14
Q4 2013	60.91	103.6 %	0.27	4.72	56.18	0.25
2013	195.65	9.4 %	0.86	4.72	190.93	0.84
Q1 2014	52.06	8.9 %	0.23	-	52.06	0.23
Q2 2014	51.61	(4.8 %)	0.23	-	51.61	0.23
Q3 2014	42.58	30.8 %	0.19	-	42.58	0.19
Q4 2014	50.24	(17.5 %)	0.22	-	50.24	0.22
2014	196.49	0.4 %	0.87	-	196.49	0.87
Q1 2015	57.60	10.6 %	0.25	-	57.60	0.25
Q2 2015	43.08	(16.5 %)	0.19	-	43.08	0.19
Q3 2015	57.20	34.3 %	0.25	-	57.20	0.25
Q4 2015	31.90	(36.5 %)	0.14	-	31.90	0.14
2015	189.78	(3.4 %)	0.84	-	189.78	0.84

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2006	-	-	-	-	-	-
2007	-	-	-	-	-	-
2008	-	-	-	-	-	-
2009	-	-	-	-	-	-
2010	139.13	-	0.61	10.11	129.02	0.57
2011	175.78	26.3 %	0.78	-	175.78	0.78
2012	178.85	1.7 %	0.79	-	178.85	0.79
2013	195.65	9.4 %	0.86	4.72	190.93	0.84
2014	196.49	0.4 %	0.87	-	196.49	0.87
2015	189.78	(3.4 %)	0.84	-	189.78	0.84

Profitability

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	-	-	-
2006	-	-	-
Q1 2007	-	-	-
Q2 2007	-	-	-
Q3 2007	-	-	-
Q4 2007	-	-	-
2007	-	-	-
Q1 2008	-	-	-
Q2 2008	-	-	-
Q3 2008	-	-	-
Q4 2008	-	-	-
2008	-	-	-
Q1 2009	-	-	-
Q2 2009	-	-	-
Q3 2009	-	-	-
Q4 2009	-	-	-
2009	-	-	-
Q1 2010	-	-	-
Q2 2010	-	-	-
Q3 2010	-	-	-
Q4 2010	-	-	-
2010	35.19 %	31.41 %	19.88 %
Q1 2011	-	-	-
Q2 2011	-	-	-
Q3 2011	-	-	-
Q4 2011	-	-	-
2011	38.16 %	34.38 %	24.33 %
Q1 2012	-	-	-
Q2 2012	-	-	-
Q3 2012	-	-	-
Q4 2012	38.43 %	32.12 %	23.36 %
2012	38.29 %	31.98 %	23.22 %
Q1 2013	37.80 %	30.93 %	22.13 %
Q2 2013	37.17 %	30.50 %	21.39 %
Q3 2013	35.64 %	28.73 %	19.13 %
Q4 2013	37.06 %	30.45 %	21.67 %
2013	37.03 %	30.42 %	21.70 %
Q1 2014	37.26 %	30.38 %	21.80 %
Q2 2014	36.86 %	29.92 %	21.29 %
Q3 2014	38.00 %	30.38 %	21.72 %
Q4 2014	37.44 %	30.06 %	20.65 %
2014	37.44 %	30.06 %	20.65 %
Q1 2015	38.05 %	29.92 %	20.26 %
Q2 2015	37.65 %	28.14 %	18.76 %
Q3 2015	37.79 %	28.23 %	18.87 %
Q4 2015	36.81 %	25.81 %	16.56 %
2015	36.81 %	25.81 %	16.56 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
2006	-	-	-
2007	-	-	-
2008	-	-	-
2009	-	-	-
2010	35.19 %	31.41 %	19.88 %
2011	38.16 %	34.38 %	24.33 %
2012	38.29 %	31.98 %	23.22 %
2013	37.03 %	30.42 %	21.70 %
2014	37.44 %	30.06 %	20.65 %
2015	36.81 %	25.81 %	16.56 %

Period	Gross Margin	OIBDA Margin	Net Margin Before Unusual Items
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	-	-	-
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	40.87 %	35.88 %	27.03 %
Q2 2012	41.17 %	34.12 %	26.65 %
Q3 2012	38.15 %	31.85 %	24.26 %
Q4 2012	33.53 %	26.72 %	15.53 %
Q1 2013	38.18 %	30.91 %	21.91 %
Q2 2013	38.42 %	32.12 %	23.38 %
Q3 2013	32.01 %	24.71 %	14.99 %
Q4 2013	39.59 %	34.01 %	26.39 %
Q1 2014	38.88 %	30.60 %	22.38 %
Q2 2014	36.89 %	30.35 %	21.41 %
Q3 2014	36.90 %	27.06 %	17.35 %
Q4 2014	37.15 %	32.40 %	21.61 %
Q1 2015	40.82 %	29.99 %	20.72 %
Q2 2015	35.53 %	23.64 %	15.63 %
Q3 2015	37.58 %	27.59 %	18.07 %
Q4 2015	33.16 %	21.71 %	11.58 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2006	-	-	-	-
Q2 2006	-	-	-	-
Q3 2006	-	-	-	-
Q4 2006	-	-	-	-
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	226.54	-	-	3.83
Q2 2012	226.54	-	-	2.54
Q3 2012	226.54	-	-	2.74
Q4 2012	226.54	0.79	0.79	2.48
Q1 2013	226.54	0.79	0.79	2.70
Q2 2013	226.54	0.79	0.79	2.94
Q3 2013	226.54	0.73	0.73	3.08
Q4 2013	226.54	0.86	0.84	3.35
Q1 2014	226.54	0.88	0.86	3.27
Q2 2014	226.54	0.87	0.85	3.20
Q3 2014	226.54	0.91	0.89	3.08
Q4 2014	226.54	0.87	0.87	3.13
Q1 2015	226.54	0.89	0.89	3.39
Q2 2015	226.54	0.85	0.85	3.27
Q3 2015	226.54	0.92	0.92	3.53
Q4 2015	226.54	0.84	0.84	3.36

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2006	-	-	-	-
2007	-	-	-	-
2008	-	-	-	-
2009	-	-	-	-
2010	226.54	0.61	0.57	2.87
2011	226.54	0.78	0.78	3.65
2012	226.54	0.79	0.79	2.48
2013	226.54	0.86	0.84	3.35
2014	226.54	0.87	0.87	3.13
2015	226.54	0.84	0.84	3.36

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2006	-	-	-
Q2 2006	-	-	-
Q3 2006	-	-	-
Q4 2006	-	-	-
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	-	-	-
Q3 2012	-	-	-
Q4 2012	-	-	-
Q1 2013	-	-	-
Q2 2013	-	-	-
Q3 2013	-	-	-
Q4 2013	-	-	-
Q1 2014	-	-	-
Q2 2014	23.07	23.63	6.27
Q3 2014	28.78	29.46	8.54
Q4 2014	20.68	20.68	5.73
Q1 2015	24.39	24.39	6.42
Q2 2015	29.97	29.97	7.82
Q3 2015	22.79	22.79	5.94
Q4 2015	23.77	23.77	5.92

Period	P/E	Adjusted P/E	Price/book
2006	-	-	-
2007	-	-	-
2008	-	-	-
2009	-	-	-
2010	-	-	-
2011	-	-	-
2012	-	-	-
2013	-	-	-
2014	20.68	20.68	5.73
2015	23.77	23.77	5.92

Business Segments (Million)

Compared With The

Period	Hotels sector	Recreational centers sector	Other sectors	Disposals
Q1 2012	115.48	65.86	3.69	(0.69)
Q2 2012	130.73	65.52	4.20	(0.83)
Q3 2012	110.73	78.08	5.71	(0.74)
Q4 2012	126.00	62.92	3.46	0.24
Q1 2013	137.98	76.11	4.77	(0.74)
Q2 2013	151.69	76.30	4.76	(0.75)
Q3 2013	127.96	84.80	5.05	(0.76)
Q4 2013	135.45	73.43	4.97	(0.94)
Q1 2014	147.82	80.21	5.37	(0.80)
Q2 2014	158.09	78.81	4.94	(0.79)
Q3 2014	142.08	98.68	5.57	(0.84)
Q4 2014	144.34	83.69	5.28	(0.83)
Q1 2015	169.23	104.03	5.50	(0.70)
Q2 2015	177.58	93.11	5.58	(0.64)
Q3 2015	178.24	133.24	5.82	(0.67)
Q4 2015	177.93	89.39	9.14	(0.86)

Period	Hotels sector	Recreational centers sector	Other sectors	Disposals
2010	383.59	255.07	14.08	(3.70)
2011	428.55	283.09	14.51	(3.55)
2012	482.93	272.38	17.06	(2.02)
2013	553.07	310.64	19.55	(3.19)
2014	592.33	341.39	21.16	(3.26)
2015	702.98	419.76	26.03	(2.87)

Analysts Estimates (Million)

Item	Q4 2015 (e)	Q4 2015 (a)	Change‬
Average	55.00	31.90	(42.0 %)

Estimates vs Actual (Million)

Item	Q4 2015 (e)	Q4 2015 (a)	Change
OSOOL AND BAKHEET	54.50	31.90	(41.5) %
AlJazira Capital	55.50	31.90	(42.5) %

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Alhokair Group's FY15 profit falls 3% on expansion costs

Financials (M)

Current Quarter Comparison (M)

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Share Price

BAAN Holding Group Co. (BAAN)

Financial Ratios

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (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) 2015 Q4

Analysts Estimates (Million)

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Alhokair Group's FY15 profit falls 3% on expansion costs

Financials (M)

Current Quarter Comparison (M)

View other reports

Share Price

BAAN Holding Group Co. (BAAN)

Financial Ratios

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q4 2015

Revenue by Business Segment (Latest) 2015 Q4

Analysts Estimates (Million)

Analysts Estimates (Million)

Estimates vs Actual (Million)

Estimates Accuracy

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