Why is Easy Lease Motorcycle Rental PJSC ?
1
High Management Efficiency with a high ROCE of 26.38%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 11.58
3
The company has declared positive results in Mar'2025 after 3 consecutive negative quarters
- OPERATING CASH FLOW(Y) Highest at AED 101.72 MM
- INTEREST COVERAGE RATIO(Q) Highest at 845.22
- OPERATING PROFIT(Q) Highest at AED 45.76 MM
4
With ROE of 15.34%, it has a fair valuation with a 3.43 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -11.47%, its profits have fallen by -8.8%
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -11.47% returns in the last 1 year, the stock has also underperformed Abu Dhabi Securities Exchange in each of the last 3 annual periods
How much should you hold?
- Overall Portfolio exposure to Easy Lease Motorcycle Rental PJSC should be less than 10%
- Overall Portfolio exposure to Media & Entertainment should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Easy Lease Motorcycle Rental PJSC for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Easy Lease Motorcycle Rental PJSC
-100.0%
-0.05
50.99%
Abu Dhabi Securities Exchange
-1.41%
1.13
8.08%
Quality key factors
Factor
Value
Sales Growth (5y)
46.87%
EBIT Growth (5y)
39.21%
EBIT to Interest (avg)
10.70
Debt to EBITDA (avg)
0.65
Net Debt to Equity (avg)
0.95
Sales to Capital Employed (avg)
1.17
Tax Ratio
9.44%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
22.59%
ROE (avg)
29.85%
Valuation Key Factors 
Factor
Value
P/E Ratio
6
Industry P/E
Price to Book Value
2.11
EV to EBIT
7.67
EV to EBITDA
4.25
EV to Capital Employed
1.58
EV to Sales
1.14
PEG Ratio
0.04
Dividend Yield
NA
ROCE (Latest)
20.53%
ROE (Latest)
36.26%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
16What is working for the Company
OPERATING CASH FLOW(Y)
Highest at AED 137.99 MM
ROCE(HY)
Highest at 33.84%
RAW MATERIAL COST(Y)
Fallen by -24.81% (YoY
NET PROFIT(Q)
At AED 18.46 MM has Grown at 88.69%
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 3.82 times
Here's what is working for Easy Lease Motorcycle Rental PJSC
Operating Cash Flow
Highest at AED 137.99 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (AED MM)
Net Profit
At AED 18.46 MM has Grown at 88.69%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is positive
Net Profit (AED MM)
Raw Material Cost
Fallen by -24.81% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at AED 25.66 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (AED MM)
Here's what is not working for Easy Lease Motorcycle Rental PJSC
Debtors Turnover Ratio
Lowest at 3.82 times
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling Debtors has slowed
Debtors Turnover Ratio






