Why is National Central Cooling Co. PJSC ?
1
The company is Net-Debt Free
- Poor long term growth as Net Sales has grown by an annual rate of 6.54% and Operating profit at 3.40% over the last 5 years
- The company is Net-Debt Free
- 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 6.54% and Operating profit at 3.40% over the last 5 years
3
Flat results in Jun 26
- NET PROFIT(9M) At AED 237.28 MM has Grown at -43.61%
- INVENTORY TURNOVER RATIO(HY) Lowest at 15.78 times
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -18.79% 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 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
-18.33%
-0.78
28.07%
Abu Dhabi Securities Exchange
-1.29%
-0.11
12.44%
Quality key factors
Factor
Value
Sales Growth (5y)
6.54%
EBIT Growth (5y)
3.40%
EBIT to Interest (avg)
3.00
Debt to EBITDA (avg)
4.66
Net Debt to Equity (avg)
0.73
Sales to Capital Employed (avg)
0.20
Tax Ratio
9.48%
Dividend Payout Ratio
79.32%
Pledged Shares
0
Institutional Holding
1.81%
ROCE (avg)
6.97%
ROE (avg)
9.53%
Valuation Key Factors 
Factor
Value
P/E Ratio
16
Industry P/E
Price to Book Value
1.24
EV to EBIT
16.45
EV to EBITDA
11.44
EV to Capital Employed
1.13
EV to Sales
5.26
PEG Ratio
NA
Dividend Yield
4.96%
ROCE (Latest)
6.84%
ROE (Latest)
7.65%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Technical Movement
1What is working for the Company
DIVIDEND PAYOUT RATIO(Y)
Highest at 125%
-4What is not working for the Company
NET PROFIT(9M)
At AED 237.28 MM has Grown at -43.61%
INVENTORY TURNOVER RATIO(HY)
Lowest at 15.78 times
Here's what is working for National Central Cooling Co. PJSC
Dividend Payout Ratio
Highest at 125%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Depreciation
Highest at AED 90.34 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 National Central Cooling Co. PJSC
Inventory Turnover Ratio
Lowest at 15.78 times and Fallen
In each half year in the last five Semi-Annual periodsMOJO Watch
Company's pace of selling inventory has slowed
Inventory Turnover Ratio
Net Profit
At AED 237.28 MM has Grown at -43.61%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is negative
Net Profit (AED MM)






