
Estimate Adjusted EBIT Margin

	Fiscal Year Ending					LTM
	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Jun-25
(AED in millions)	FY-4	FY-3	FY-2	FY-1	FY	LTM

Revenue	130	353	357	609	1,273	1,344

Adjusted EBITDA Build-up
EBT, Incl. Unusual Items	20	66	123	681	248	240
(+) Net Interest Expense	(8)	(0)	(3)	(5)	2	2
(+) Other Non Operating Exp.	(9)	(10)	(12)	(31)	(54)	(63)
(+) D&A	1	2	4	12	37	40
(+) Non-recurring Items	(0)	(25)	(61)	(563)	(16)	4
Adjusted EBITDA	4	33	52	94	216	223

(-) D&A	(1)	(2)	(4)	(12)	(37)	(40)

Adjusted EBIT	3	31	48	82	179	184
% of Revenue	2.4%	8.8%	13.4%	13.5%	14.0%	13.7%


	Low	Median	High

Adjusted EBIT Margin	2.4%	13.4%	14.0%

支持的计算方式

Equity Waterfall


Equity Waterfall

	Model
(AED in millions)	Low	Mid	High	Market
Enterprise Value	198	2,472	3,354	2,634
(+) Cash & Short Term Investments	572	572	572	572
(+) Investments & Other	1,202	1,202	1,202	1,202
(-) Debt	(207)	(207)	(207)	(207)
(-) Other Liabilities	(397)	(397)	(397)	(397)
(-) Preferred Stock	0	0	0	0
(-) Other	0	0	0	0
Value of Common Equity	1,369	3,643	4,525	3,805
(/) Shares Outstanding	250.0	250.0	250.0	250.0
Implied Stock Price (AED)	5.47	14.57	18.10	15.22
FX Rate: AED/AED	1.00	1.00	1.00	1.00
Implied Stock Price (AED)	5.47	14.57	18.10	15.22

Upside / (Downside)	-64.03%	-4.26%	18.92%


Stock Price	15.22
Stock Price Close	15.22
Restatment Type	Original
Reporting Currency	AED
Trading Currency	AED
FX Rate: AED/AED	1.00
Market Cap	3,805.0
Shares Outstanding	250.0
Share Exchange Ratio	1.0
Liquid Long-term Investments	0

加载出错

Emirates Stallion Group PJSC