Zain
| Name | Zain |
|---|---|
| Sector | Telecom - Mobile operator |
| Trading | KSE |
| RIC Code | ZAIN.KW |
| Location | KUWAIT |
Profile and Background
MTC expanded its geographic base by acquiring Celtel, which is a leading African operation spread across 13 countries with 5.2 mn subscribers, on March 29, 2005. MTC is currently known as MTC-Vodafone in Kuwait and Bahrain, Fastlink in Jordan, MTC Atheer in Iraq, MTC Touch in Lebanon and Celtel in Africa (13 countries).
The firm has the following subsidiaries: Etisalat Plus Company (100%), E-Communication Company (100%), MTC Lebanon (100%), Jordan Mobile Telephone Services (via Pella Investment Company, 96.52%), MTC Vodafone Bahrain (60%) and Atheer Telecommunications (30%).
Shareholding Groups
| Individuals | N/A |
|---|---|
| Institutions | N/A |
| Floating | N/A |
| Government | 26% |
Board Members (Listed in alphabetical order)
Stock Performance
Market Information
| Stock | Iraq Index | |
|---|---|---|
| Last Closing | KD 4.52 | 4235.56 |
| YTD % | 42.25% | 32.59% |
| Weekly % | 8.654% | 2.45% |
| Year High | KD 4.52 | 4452.02 |
| Year Low | KD 3.178 | 3194.54 |
| 52 Week High | KD 4.52 | 4452.02 |
| 52 Week Low | KD 3.06 | 2615.06 |
| BETA | 0.8864 | |
| Outstanding Shares | 554,220,969 | |
| Market Cap | KD 2,505,078,780 | |
| Market Cap in $ | USD $8,576,099,897 | |
| % of Iraq Market | 9.34% | |
| % of Sector | 77.43% | |
| Rank by Cap | 2 |
Key Figures in '000 KD
| 2003 | 2002 | 2001 | |
|---|---|---|---|
| Total Assets | 587,172 | 349,593 | 322,293 |
| Shareholder's Equity | 336,291 | 284,166 | 263,819 |
| NIAT | 102,212 | 75,042 | 79,564 |
| Dividends | 73,995 | N/A | 64,129 |
Financial Ratios
| 2003 | 2002 | 2001 | |
|---|---|---|---|
| Assets Growth | 67.96% | 8.47% | 20.60% |
| Earning Growth | 36.21% | -5.68% | 14.27% |
| ROaA | 21.82% | 22.34% | 26.99% |
| ROaE | 32.95% | 27.39% | 32.77% |
| No. Of Shares | 493,298,592 | 493,298,592 | 493,298,592 |
| EPS | 0.21 | 0.15 | 0.16 |
| EPS Growth | 36.21% | -5.68% | 14.27% |
| Payout Ratio | 72.393 | N/A | 80.6 |
Valuation Ratios
| Trailing | |
|---|---|
| PE | 24.51 |
| PB | 7.45 |
| DVPS | 0.13 |
| Div Yield | 2.95% |
| EV | 1,953,462.42 |
| EV/Equity | 5.81 |
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