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Al Batinah Power Company SAOG

MSM:BATP
Snowflake Description

Undervalued with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BATP
MSM
OMR34M
Market Cap
  1. Home
  2. OM
  3. Utilities
Company description

Al Batinah Power Company SAOG develops, finances, designs, constructs, operates, maintains, insures, and own, power generating facility in the Sultanate of Oman. The last earnings update was 41 days ago. More info.


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BATP Share Price and Events
7 Day Returns
0%
MSM:BATP
-0.5%
OM Renewable Energy
-4.5%
OM Market
1 Year Returns
-41.4%
MSM:BATP
-28.3%
OM Renewable Energy
-15.6%
OM Market
BATP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Al Batinah Power Company SAOG (BATP) 0% -12.1% -13.6% -41.4% -71.7% -72%
OM Renewable Energy -0.5% -8.9% -10% -28.3% -58.8% -64%
OM Market -4.5% -15.4% -13.1% -15.6% -37.3% -45.2%
1 Year Return vs Industry and Market
  • BATP underperformed the Renewable Energy industry which returned -28.3% over the past year.
  • BATP underperformed the Market in Oman which returned -15.6% over the past year.
Price Volatility
BATP
Industry
5yr Volatility vs Market

Value

 Is Al Batinah Power Company SAOG undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Al Batinah Power Company SAOG to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Al Batinah Power Company SAOG.

MSM:BATP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 23.3%
Perpetual Growth Rate 10-Year OM Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for MSM:BATP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year OM Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 8.2%
Renewable Energy Unlevered Beta Simply Wall St/ S&P Global 0.45
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.453 (1 + (1- 15%) (444.95%))
1.782
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.78
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (1.782 * 8.23%)
23.26%

Discounted Cash Flow Calculation for MSM:BATP using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Al Batinah Power Company SAOG is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

MSM:BATP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (OMR, Millions) Source Present Value
Discounted (@ 23.26%)
2020 16.58 Est @ 2.41% 13.45
2021 17.28 Est @ 4.27% 11.38
2022 18.25 Est @ 5.57% 9.74
2023 19.43 Est @ 6.48% 8.42
2024 20.81 Est @ 7.11% 7.31
2025 22.38 Est @ 7.56% 6.38
2026 24.15 Est @ 7.87% 5.58
2027 26.10 Est @ 8.09% 4.90
2028 28.25 Est @ 8.24% 4.30
2029 30.61 Est @ 8.35% 3.78
Present value of next 10 years cash flows OMR75.00
MSM:BATP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= OMR30.61 × (1 + 8.6%) ÷ (23.26% – 8.6%)
OMR226.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= OMR226.69 ÷ (1 + 23.26%)10
OMR27.99
MSM:BATP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= OMR75.00 + OMR27.99
OMR102.99
Equity Value per Share
(OMR)
= Total value / Shares Outstanding
= OMR102.99 / 674.89
OMR0.15
MSM:BATP Discount to Share Price
Calculation Result
Value per share (OMR) From above. OMR0.15
Current discount Discount to share price of OMR0.05
= -1 x (OMR0.05 - OMR0.15) / OMR0.15
66.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Al Batinah Power Company SAOG is available for.
Intrinsic value
>50%
Share price is OMR0.051 vs Future cash flow value of OMR0.15261
Current Discount Checks
For Al Batinah Power Company SAOG to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Al Batinah Power Company SAOG's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Al Batinah Power Company SAOG's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Al Batinah Power Company SAOG's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Al Batinah Power Company SAOG's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MSM:BATP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in OMR OMR0.01
MSM:BATP Share Price ** MSM (2020-03-31) in OMR OMR0.05
Oman Renewable Energy Industry PE Ratio Median Figure of 8 Publicly-Listed Renewable Energy Companies 6.59x
Oman Market PE Ratio Median Figure of 74 Publicly-Listed Companies 10.44x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Al Batinah Power Company SAOG.

MSM:BATP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MSM:BATP Share Price ÷ EPS (both in OMR)

= 0.05 ÷ 0.01

3.53x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Al Batinah Power Company SAOG is good value based on earnings compared to the OM Renewable Energy industry average.
  • Al Batinah Power Company SAOG is good value based on earnings compared to the Oman market.
Price based on expected Growth
Does Al Batinah Power Company SAOG's expected growth come at a high price?
Raw Data
MSM:BATP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Renewable Energy Industry PEG Ratio Median Figure of 76 Publicly-Listed Renewable Energy Companies 0.79x
Oman Market PEG Ratio Median Figure of 5 Publicly-Listed Companies 1.68x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Al Batinah Power Company SAOG, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Al Batinah Power Company SAOG's assets?
Raw Data
MSM:BATP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in OMR OMR0.12
MSM:BATP Share Price * MSM (2020-03-31) in OMR OMR0.05
Oman Renewable Energy Industry PB Ratio Median Figure of 9 Publicly-Listed Renewable Energy Companies 0.89x
Oman Market PB Ratio Median Figure of 102 Publicly-Listed Companies 0.77x
MSM:BATP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MSM:BATP Share Price ÷ Book Value per Share (both in OMR)

= 0.05 ÷ 0.12

0.42x

* Primary Listing of Al Batinah Power Company SAOG.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Al Batinah Power Company SAOG is good value based on assets compared to the OM Renewable Energy industry average.
X
Value checks
We assess Al Batinah Power Company SAOG's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Renewable Energy industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Renewable Energy industry average (and greater than 0)? (1 check)
  5. Al Batinah Power Company SAOG has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Al Batinah Power Company SAOG expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Al Batinah Power Company SAOG has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.5%
Expected Renewable Energy industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Al Batinah Power Company SAOG expected to grow at an attractive rate?
  • Unable to compare Al Batinah Power Company SAOG's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Al Batinah Power Company SAOG's earnings growth to the Oman market average as no estimate data is available.
  • Unable to compare Al Batinah Power Company SAOG's revenue growth to the Oman market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MSM:BATP Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Renewable Energy Industry Earnings Growth Rate Market Cap Weighted Average 11.5%
Asia Renewable Energy Industry Revenue Growth Rate Market Cap Weighted Average 5.9%
Oman Market Earnings Growth Rate Market Cap Weighted Average 6.7%
Oman Market Revenue Growth Rate Market Cap Weighted Average 6.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MSM:BATP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in OMR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MSM:BATP Future Estimates Data
Date (Data in OMR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
MSM:BATP Past Financials Data
Date (Data in OMR Millions) Revenue Cash Flow Net Income *
2019-12-31 49 16 10
2019-09-30 59 19 10
2019-06-30 68 22 10
2019-03-31 78 16 9
2018-12-31 75 21 9
2018-09-30 70 14 8
2018-06-30 69 12 8
2018-03-31 68 17 8
2017-12-31 71 16 5
2017-09-30 72 18 5
2017-06-30 73 21 5
2017-03-31 73 23 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Al Batinah Power Company SAOG is high growth as no earnings estimate data is available.
  • Unable to determine if Al Batinah Power Company SAOG is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MSM:BATP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Al Batinah Power Company SAOG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MSM:BATP Future Estimates Data
Date (Data in OMR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
MSM:BATP Past Financials Data
Date (Data in OMR Millions) EPS *
2019-12-31 0.01
2019-09-30 0.01
2019-06-30 0.01
2019-03-31 0.01
2018-12-31 0.01
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.01
2017-12-31 0.01
2017-09-30 0.01
2017-06-30 0.01
2017-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Al Batinah Power Company SAOG will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Al Batinah Power Company SAOG is trading at Al Batinah Power Company SAOG'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Al Batinah Power Company SAOG's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Utilities companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Al Batinah Power Company SAOG's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Al Batinah Power Company SAOG has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Al Batinah Power Company SAOG performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Al Batinah Power Company SAOG's growth in the last year to its industry (Renewable Energy).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Al Batinah Power Company SAOG's year on year earnings growth rate has been positive over the past 5 years.
  • Al Batinah Power Company SAOG's 1-year earnings growth is less than its 5-year average (7.4% vs 9.9%)
  • Al Batinah Power Company SAOG's earnings growth has not exceeded the OM Renewable Energy industry average in the past year (7.4% vs 12.3%).
Earnings and Revenue History
Al Batinah Power Company SAOG's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Al Batinah Power Company SAOG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MSM:BATP Past Revenue, Cash Flow and Net Income Data
Date (Data in OMR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 49.21 9.75 0.69
2019-09-30 58.53 9.89 0.68
2019-06-30 67.91 9.64 0.69
2019-03-31 77.75 9.34 0.68
2018-12-31 75.14 9.07 0.67
2018-09-30 70.38 8.38 0.65
2018-06-30 69.08 8.17 0.65
2018-03-31 68.36 8.10 0.67
2017-12-31 70.64 4.56 0.67
2017-09-30 72.24 4.86 0.67
2017-06-30 73.26 4.70 0.66
2017-03-31 73.49 4.81 0.66
2016-12-31 71.05 8.30 0.66
2016-09-30 70.96 8.09 0.64
2016-06-30 69.80 7.99 0.63
2016-03-31 69.78 7.58 0.62
2015-12-31 67.93 7.08 0.61
2015-09-30 64.55 6.84 0.54
2015-06-30 59.16 6.30 0.55
2015-03-31 53.47 5.49 0.55
2014-12-31 51.87 5.01 0.65
2014-09-30 50.95 5.22 0.71
2014-06-30 50.70 5.69 0.64
2014-03-31 49.62 5.57 0.67
2013-12-31 43.16 9.25 0.44

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Al Batinah Power Company SAOG has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Al Batinah Power Company SAOG used its assets more efficiently than the OM Renewable Energy industry average last year based on Return on Assets.
  • Al Batinah Power Company SAOG has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Al Batinah Power Company SAOG's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Renewable Energy industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Al Batinah Power Company SAOG has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Al Batinah Power Company SAOG's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Al Batinah Power Company SAOG's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Al Batinah Power Company SAOG's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Al Batinah Power Company SAOG's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Al Batinah Power Company SAOG's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Al Batinah Power Company SAOG Company Filings, last reported 3 months ago.

MSM:BATP Past Debt and Equity Data
Date (Data in OMR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 82.12 149.47 1.88
2019-09-30 85.98 151.87 12.21
2019-06-30 79.93 155.62 4.73
2019-03-31 76.61 156.56 0.37
2018-12-31 80.67 156.62 2.02
2018-09-30 89.09 166.27 13.29
2018-06-30 81.05 172.22 4.43
2018-03-31 75.93 172.23 3.99
2017-12-31 75.48 175.19 2.99
2017-09-30 79.32 177.70 17.93
2017-06-30 71.33 181.15 9.12
2017-03-31 66.23 181.29 4.68
2016-12-31 71.33 188.77 3.94
2016-09-30 71.63 190.11 18.89
2016-06-30 62.87 189.67 3.97
2016-03-31 60.24 192.85 0.25
2015-12-31 66.16 201.39 0.37
2015-09-30 70.42 218.04 15.26
2015-06-30 67.24 213.70 3.93
2015-03-31 59.11 220.13 0.42
2014-12-31 66.76 213.17 0.56
2014-09-30 77.90 212.64 16.59
2014-06-30 71.74 212.28 5.94
2014-03-31 69.21 214.95 4.34
2013-12-31 74.70 218.81 1.83
  • Al Batinah Power Company SAOG's level of debt (182%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (319.8% vs 182% today).
  • Debt is not well covered by operating cash flow (10.9%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Al Batinah Power Company SAOG's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Al Batinah Power Company SAOG has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Al Batinah Power Company SAOG's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
13.73%
Current annual income from Al Batinah Power Company SAOG dividends.
If you bought OMR2,000 of Al Batinah Power Company SAOG shares you are expected to receive OMR275 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Al Batinah Power Company SAOG's pays a higher dividend yield than the bottom 25% of dividend payers in Oman (5%).
  • Al Batinah Power Company SAOG's dividend is above the markets top 25% of dividend payers in Oman (9.46%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MSM:BATP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Oman Renewable Energy Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 9.4%
Oman Market Average Dividend Yield Market Cap Weighted Average of 65 Stocks 8.3%
Oman Minimum Threshold Dividend Yield 10th Percentile 3.3%
Oman Bottom 25% Dividend Yield 25th Percentile 5%
Oman Top 25% Dividend Yield 75th Percentile 9.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

MSM:BATP Future Dividends Estimate Data
Date (Data in OMR) Dividend per Share (annual) Avg. No. Analysts
MSM:BATP Past Annualized Dividends Data
Date (Data in OMR) Dividend per share (annual) Avg. Yield (%)
2020-02-19 0.007 12.641
2020-01-16 0.007 11.592
2019-02-21 0.008 11.530
2019-01-15 0.008 8.901
2018-02-22 0.007 6.135
2017-02-23 0.009 5.754
2016-02-18 0.009 4.478
2015-02-18 0.008 3.998
2014-10-21 0.003 1.709
2014-10-14 0.003 1.681

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Al Batinah Power Company SAOG has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Al Batinah Power Company SAOG only paid a dividend in the past 5 years.
Current Payout to shareholders
What portion of Al Batinah Power Company SAOG's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Al Batinah Power Company SAOG's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Al Batinah Power Company SAOG afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Al Batinah Power Company SAOG has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Al Batinah Power Company SAOG's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mohammed Ali Al Rawahi
CEO Bio

Eng. Mohammed Ali Salim Al Rawahi is the Chief Executive Officer of Al Batinah Power Company SAOG. He has been associated with power and desalination plants operations & maintenance and management in various power plants in the sector and Petroleum Development of Oman for more than 11 years. Mr. Al Rawahi holds Master of Business Administration from University of Bedfordshire and a Mechatronic Engineering Degree from Sultan Qaboos University in Oman.

CEO Compensation
  • Insufficient data for Mohammed Ali to compare compensation growth.
  • Insufficient data for Mohammed Ali to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Mohammed Ali Al Rawahi

TITLE
Chief Executive Officer

Yusuke Koseki

TITLE
Chief Financial Officer

Naveen Kumar

TITLE
Chief Technology Officer
Board of Directors Tenure

Average tenure of the Al Batinah Power Company SAOG board of directors in years:

3.6
Average Tenure
  • The tenure for the Al Batinah Power Company SAOG board of directors is about average.
Board of Directors

Saif Abdullah Al-Harthy

TITLE
Chairman of the Board

Pradeep Navre

TITLE
Deputy Chairperson of the Board
TENURE
0.2 yrs

Yasser Kheir

TITLE
Non Executive Independent Director

Mohamed Amur Al-Mamari

TITLE
Non Executive Non Independent Director
TENURE
5.3 yrs

Mohammad Ribhi Alhusseini

TITLE
Non Executive Independent Director
TENURE
5.3 yrs

Ryuji Kikuchi

TITLE
Non Executive Non Independent Director
TENURE
2 yrs

Muhammad Akhtar

TITLE
Director

Pascal Renaud

TITLE
Director

Shabib Al-Busaidi

TITLE
Director

Kazuichi Ikeda

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (OMR) Value (OMR)
X
Management checks
We assess Al Batinah Power Company SAOG's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Al Batinah Power Company SAOG has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Al Batinah Power Company SAOG develops, finances, designs, constructs, operates, maintains, insures, and own, power generating facility in the Sultanate of Oman. It owns and operates the Sohar 2 power plant with a power capacity of approximately 750 MW located in the Al Batinah region of the Sultanate of Oman. The company was incorporated in 2010 and is based in Al Khuwair, Oman.

Details
Name: Al Batinah Power Company SAOG
BATP
Exchange: MSM
Founded: 2010
OMR34,419,258
674,887,430
Website: http://www.albatinahpower.com
Address: Al Batinah Power Company SAOG
Building No. 5, Level 1 (South-East),
Muscat Grand Mall, Flat No. 501,
Al Khuwair,
103,
Oman
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MSM BATP Ordinary Shares Muscat Securities Market OM OMR 24. Jun 2014
Number of employees
Current staff
Staff numbers
0
Al Batinah Power Company SAOG employees.
Industry
Independent Power Producers and Energy Traders
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 21:11
End of day share price update: 2020/03/31 00:00
Last estimates confirmation: 2020/01/16
Last earnings filing: 2020/02/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.