Budget Saudi posts higher net profit at SAR 112.7m in I3 of 2013

Budget Saudi posts higher net profit at SAR 112.7m in I3 of 2013

30/09/2013 Argaam Exclusive

View other reports

United International Transportation Company (Budget), a car rental and leasing Services Company, reported SAR 112.7m net profit in I3 of 2013, a 25% increase compared to the same period last year, as shown in the following table:



Financials (M)

Item 9m 2012 9m 2013 Change‬
Revenues 428.84 489.22 14.1 %
Gross Income 73.62 79.41 7.9 %
Operating Income 22.48 33.38 48.5 %
Net Income 90.14 112.70 25.0 %
Average Shares 71.17 71.17 -
EPS (Riyals) 1.27 1.58 25.0 %


Current Quarter Comparison (M)

Compared With The
Item Q3 2012 Q3 2013 Change‬
Revenues 147.49 168.68 14.4 %
Gross Income 20.31 28.21 38.9 %
Operating Income 3.36 13.02 287.2 %
Net Income 31.33 38.47 22.8 %
Average Shares 71.17 71.17 -
EPS (Riyals) 0.44 0.54 22.8 %


Financial results (Million)

Period Revenues Change Gross Income Change Operating Income Change
Q1 2004 - - - - - -
Q2 2004 - - - - - -
Q3 2004 - - - - - -
Q4 2004 - - - - - -
Q1 2005 - - - - - -
Q2 2005 - - - - - -
Q3 2005 - - - - - -
Q4 2005 - - - - - -
Q1 2006 - - - - - -
Q2 2006 - - - - - -
Q3 2006 101.67 - 27.05 - 22.24 -
Q4 2006 116.73 - 40.21 - 33.75 -
Q1 2007 85.40 - 37.17 - 31.19 -
Q2 2007 89.06 - 22.06 - 13.38 -
Q3 2007 107.96 6.2 % 30.24 11.8 % 25.12 13.0 %
Q4 2007 114.22 (2.2 %) 41.82 4.0 % 27.97 (17.1 %)
Q1 2008 109.14 27.8 % 30.30 (18.5 %) 22.66 (27.4 %)
Q2 2008 117.08 31.5 % 34.69 57.3 % 24.23 81.1 %
Q3 2008 128.46 19.0 % 35.23 16.5 % 28.50 13.4 %
Q4 2008 117.84 3.2 % 31.63 (24.4 %) 21.74 (22.3 %)
Q1 2009 118.41 8.5 % 31.48 3.9 % 23.19 2.4 %
Q2 2009 89.86 (23.3 %) 13.91 (59.9 %) (4.57) (118.8 %)
Q3 2009 105.05 (18.2 %) 26.99 (23.4 %) 14.30 (49.8 %)
Q4 2009 101.04 (14.3 %) 30.96 (2.1 %) 2.88 (86.8 %)
Q1 2010 107.83 (8.9 %) 20.04 (36.4 %) 7.61 (67.2 %)
Q2 2010 108.93 21.2 % 23.16 66.5 % 7.08 255.1 %
Q3 2010 114.98 9.5 % 34.37 27.4 % 19.28 34.8 %
Q4 2010 119.33 18.1 % 0.52 (98.3 %) 10.35 259.6 %
Q1 2011 121.48 12.7 % 20.83 4.0 % 6.09 (20.0 %)
Q2 2011 125.30 15.0 % 23.69 2.3 % 7.53 6.4 %
Q3 2011 126.59 10.1 % 24.83 (27.8 %) 9.47 (50.9 %)
Q4 2011 134.83 13.0 % 19.29 3638.8 % 13.41 29.6 %
Q1 2012 136.79 12.6 % 26.67 28.0 % 9.75 60.2 %
Q2 2012 144.56 15.4 % 26.64 12.5 % 9.36 24.3 %
Q3 2012 147.49 16.5 % 20.31 (18.2 %) 3.36 (64.5 %)
Q4 2012 153.37 13.7 % 20.39 5.7 % 1.91 (85.8 %)
Q1 2013 157.37 15.0 % 26.32 (1.3 %) 8.91 (8.7 %)
Q2 2013 163.17 12.9 % 24.88 (6.6 %) 11.45 22.3 %
Q3 2013 168.68 14.4 % 28.21 38.9 % 13.02 287.2 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2004 - - - - - -
Q2 2004 - - - - - -
Q3 2004 - - - - - -
Q4 2004 - - - - - -
Q1 2005 - - - - - -
Q2 2005 - - - - - -
Q3 2005 - - - - - -
Q4 2005 - - - - - -
Q1 2006 - - - - - -
Q2 2006 - - - - - -
Q3 2006 19.73 - 0.28 - 19.73 0.28
Q4 2006 30.27 - 0.43 - 30.27 0.43
Q1 2007 28.19 - 0.40 - 28.19 0.40
Q2 2007 10.60 - 0.15 - 10.60 0.15
Q3 2007 21.79 10.5 % 0.31 - 21.79 0.31
Q4 2007 16.80 (44.5 %) 0.24 - 16.80 0.24
Q1 2008 19.04 (32.4 %) 0.27 - 19.04 0.27
Q2 2008 20.76 95.8 % 0.29 - 20.76 0.29
Q3 2008 24.95 14.5 % 0.35 - 24.95 0.35
Q4 2008 19.15 13.9 % 0.27 - 19.15 0.27
Q1 2009 19.91 4.5 % 0.28 - 19.91 0.28
Q2 2009 21.48 3.5 % 0.30 - 21.48 0.30
Q3 2009 21.92 (12.1 %) 0.31 - 21.92 0.31
Q4 2009 22.46 17.3 % 0.32 - 22.46 0.32
Q1 2010 22.55 13.3 % 0.32 - 22.55 0.32
Q2 2010 22.70 5.7 % 0.32 - 22.70 0.32
Q3 2010 28.18 28.6 % 0.40 - 28.18 0.40
Q4 2010 21.51 (4.2 %) 0.30 - 21.51 0.30
Q1 2011 22.97 1.8 % 0.32 - 22.97 0.32
Q2 2011 23.95 5.5 % 0.34 - 23.95 0.34
Q3 2011 25.80 (8.4 %) 0.36 - 25.80 0.36
Q4 2011 28.02 30.2 % 0.39 - 28.02 0.39
Q1 2012 28.51 24.1 % 0.40 - 28.51 0.40
Q2 2012 30.31 26.5 % 0.43 - 30.31 0.43
Q3 2012 31.33 21.4 % 0.44 - 31.33 0.44
Q4 2012 35.64 27.2 % 0.50 - 35.64 0.50
Q1 2013 36.16 26.8 % 0.51 - 36.16 0.51
Q2 2013 38.07 25.6 % 0.53 - 38.07 0.53
Q3 2013 38.47 22.8 % 0.54 - 38.47 0.54

Profitability

Period Gross Margin OIBDA Margin Net Margin Before Unusual Items
Q1 2004 - - -
Q2 2004 - - -
Q3 2004 - - -
Q4 2004 - - -
Q1 2005 - - -
Q2 2005 - - -
Q3 2005 - - -
Q4 2005 - - -
Q1 2006 - - -
Q2 2006 - - -
Q3 2006 - - -
Q4 2006 - - -
Q1 2007 - - -
Q2 2007 32.20 % 86.02 % 22.60 %
Q3 2007 32.49 % 63.98 % 22.76 %
Q4 2007 33.10 % 63.19 % 19.51 %
Q1 2008 29.60 % 65.08 % 16.23 %
Q2 2008 30.56 % 68.46 % 17.48 %
Q3 2008 30.29 % 68.43 % 17.39 %
Q4 2008 27.90 % 67.68 % 17.75 %
Q1 2009 27.61 % 67.58 % 17.59 %
Q2 2009 24.69 % 65.74 % 18.81 %
Q3 2009 24.12 % 64.62 % 19.12 %
Q4 2009 24.94 % 63.14 % 20.70 %
Q1 2010 22.76 % 61.89 % 21.90 %
Q2 2010 23.92 % 62.75 % 21.20 %
Q3 2010 25.08 % 62.17 % 22.16 %
Q4 2010 17.31 % 60.08 % 21.05 %
Q1 2011 16.97 % 59.32 % 20.52 %
Q2 2011 16.51 % 59.20 % 20.08 %
Q3 2011 14.18 % 59.46 % 19.12 %
Q4 2011 17.44 % 60.71 % 19.82 %
Q1 2012 18.05 % 61.09 % 20.30 %
Q2 2012 17.95 % 61.59 % 20.75 %
Q3 2012 16.48 % 61.43 % 20.96 %
Q4 2012 16.15 % 61.68 % 21.60 %
Q1 2013 15.54 % 61.88 % 22.14 %
Q2 2013 14.79 % 62.34 % 22.72 %
Q3 2013 15.53 % 63.14 % 23.08 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) Book Value (BV)
Q1 2004 - - - -
Q2 2004 - - - -
Q3 2004 - - - -
Q4 2004 - - - -
Q1 2005 - - - -
Q2 2005 - - - -
Q3 2005 - - - -
Q4 2005 - - - -
Q1 2006 - - - -
Q2 2006 - - - -
Q3 2006 71.17 - - 3.14
Q4 2006 71.17 - - 3.23
Q1 2007 71.17 - - 3.62
Q2 2007 71.17 1.25 1.25 3.75
Q3 2007 71.17 1.28 1.28 4.05
Q4 2007 71.17 1.09 1.09 4.26
Q1 2008 71.17 0.96 0.96 4.13
Q2 2008 71.17 1.10 1.10 4.42
Q3 2008 71.17 1.15 1.15 4.76
Q4 2008 71.17 1.18 1.18 5.00
Q1 2009 71.17 1.19 1.19 4.82
Q2 2009 71.17 1.20 1.20 5.12
Q3 2009 71.17 1.16 1.16 5.42
Q4 2009 71.17 1.21 1.21 5.71
Q1 2010 71.17 1.24 1.24 5.50
Q2 2010 71.17 1.26 1.26 5.82
Q3 2010 71.17 1.35 1.35 6.21
Q4 2010 71.17 1.33 1.33 6.48
Q1 2011 71.17 1.34 1.34 6.79
Q2 2011 71.17 1.36 1.36 6.55
Q3 2011 71.17 1.32 1.32 6.90
Q4 2011 71.17 1.42 1.42 7.27
Q1 2012 71.17 1.49 1.49 7.66
Q2 2012 71.17 1.58 1.58 7.44
Q3 2012 71.17 1.66 1.66 7.87
Q4 2012 71.17 1.77 1.77 8.34
Q1 2013 71.17 1.87 1.87 8.84
Q2 2013 71.17 1.98 1.98 8.65
Q3 2013 71.17 2.08 2.08 9.18

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2004 - - -
Q2 2004 - - -
Q3 2004 - - -
Q4 2004 - - -
Q1 2005 - - -
Q2 2005 - - -
Q3 2005 - - -
Q4 2005 - - -
Q1 2006 - - -
Q2 2006 - - -
Q3 2006 - - -
Q4 2006 - - -
Q1 2007 - - -
Q2 2007 - - -
Q3 2007 25.08 25.08 7.90
Q4 2007 31.84 31.84 8.13
Q1 2008 32.58 32.58 7.56
Q2 2008 24.97 24.97 6.22
Q3 2008 13.06 13.06 3.14
Q4 2008 9.05 9.05 2.13
Q1 2009 9.70 9.70 2.40
Q2 2009 12.56 12.56 2.95
Q3 2009 17.23 17.23 3.68
Q4 2009 14.10 14.10 2.98
Q1 2010 14.36 14.36 3.24
Q2 2010 11.69 11.69 2.53
Q3 2010 12.24 12.24 2.66
Q4 2010 11.67 11.67 2.40
Q1 2011 10.35 10.35 2.04
Q2 2011 9.58 9.58 1.99
Q3 2011 9.58 9.58 1.84
Q4 2011 10.02 10.02 1.95
Q1 2012 12.42 12.42 2.42
Q2 2012 10.08 10.08 2.14
Q3 2012 11.05 11.05 2.33
Q4 2012 11.25 11.25 2.38
Q1 2013 12.76 12.76 2.71
Q2 2013 13.47 13.47 3.09
Q3 2013 16.25 16.25 3.69

Business Segments (Million)

Compared With The
Period Leasing sector. Rental sector


Financial Ratios
Current
Market Cap (M Riyal) 5,823.67
Enterprise Value (EV) (M) 7,299.96
Shares Outstanding ((M)) 78.17
EPS ( Riyal) (TTM) 3.73
Book Value (BV) ( Riyal) 33.15
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 20.89
P/E (TTM) 20.89
Price/book 2.25
Return on Average Assets (%) (TTM) 7.2
Return on Average Equity (%) (TTM) 12.7
more

Share Price

United International Transportation Co.
74.20
0.20 0.27 %

United International Transportation Co. (BUDGET SAUDI)

More

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
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.