Why is National Central Cooling Co. PJSC ?
1
High Debt Company with a Debt to Equity ratio (avg) at times
- Poor long term growth as Net Sales has grown by an annual rate of 9.59% and Operating profit at 8.20% over the last 5 years
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 9.53% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 9.59% and Operating profit at 8.20% over the last 5 years
- INTEREST COVERAGE RATIO(Q) Lowest at 478.4
- INVENTORY TURNOVER RATIO(HY) Lowest at 18.47%
- INTEREST(Q) Highest at AED 66.54 MM
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Other Utilities)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is National Central Cooling Co. PJSC for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
National Central Cooling Co. PJSC
6.19%
-0.01
22.75%
Abu Dhabi Securities Exchange
7.69%
0.97
8.15%
Quality key factors
Factor
Value
Sales Growth (5y)
9.59%
EBIT Growth (5y)
8.20%
EBIT to Interest (avg)
3.01
Debt to EBITDA (avg)
4.93
Net Debt to Equity (avg)
0.73
Sales to Capital Employed (avg)
0.20
Tax Ratio
9.68%
Dividend Payout Ratio
77.27%
Pledged Shares
0
Institutional Holding
1.81%
ROCE (avg)
6.84%
ROE (avg)
9.53%
Valuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
1.35
EV to EBIT
16.06
EV to EBITDA
11.13
EV to Capital Employed
1.20
EV to Sales
5.26
PEG Ratio
0.14
Dividend Yield
5.31%
ROCE (Latest)
7.47%
ROE (Latest)
9.92%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
4What is working for the Company
OPERATING PROFIT(Q)
Highest at AED 318.31 MM
PRE-TAX PROFIT(Q)
Highest at AED 179.06 MM
NET PROFIT(Q)
Highest at AED 160.28 MM
EPS(Q)
Highest at AED 0.06
-6What is not working for the Company
INTEREST COVERAGE RATIO(Q)
Lowest at 478.4
INVENTORY TURNOVER RATIO(HY)
Lowest at 18.47%
INTEREST(Q)
Highest at AED 66.54 MM
Here's what is working for National Central Cooling Co. PJSC
Operating Profit
Highest at AED 318.31 MM
in the last five periodsMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (AED MM)
Pre-Tax Profit
Highest at AED 179.06 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (AED MM)
Net Profit
Highest at AED 160.28 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (AED MM)
EPS
Highest at AED 0.06
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (AED)
Here's what is not working for National Central Cooling Co. PJSC
Interest
At AED 66.54 MM has Grown at 40.58%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (AED MM)
Interest Coverage Ratio
Lowest at 478.4
in the last five periodsMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Interest
Highest at AED 66.54 MM
in the last five periods and Increased by 40.58% (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (AED MM)
Inventory Turnover Ratio
Lowest at 18.47%
in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio






