Palestine Telecommunications Co.


NamePalestine Telecommunications Co.
SectorTelecom - Multiple telecom services operator
TradingPSE
RIC CodePALTEL.PL
LocationPALESTINE


Profile and Background

PALTEL is a joint stock company, registered in Jericho, with an initial capital of JD 45 million. Fifty-five percent of the company's shares are owned by 66 institutional investors, including PADICO (21 percent share).

The company is regulated by the Ministry of Post and Telecommunication, through an agreement which gives PALTEL a license to own, operate, and maintain telecommunication services in Palestine for a period of 20 years, with ten-year exclusivity for the fixed telephone network, and three years for the cellular (GSM) network.


Shareholding Groups

IndividualsN/A
Institutions 44%
FloatingN/A
Government 10%

Board Members (Listed in alphabetical order)

DirectorAbdel Malek Jaber
DirectorFarouk Zeitar
DirectorGethan Moniur Sukhtian
DirectorHani Al-Qadi
DirectorLeth Monib El Masri
Vice ChairmanMohammed Borhan Rashed
ChairmanSabih El Masri
DirectorSalah Hedar Abd El Shafi
Vice ChairmanShukri Bishara
DirectorWaleed Abd El Rahman Nagab
Vice ChairmanZahi W. Khouri

Stock Performance

Palestine Telecommunications Co. Stock Performance



Market Information

StockPalestine Index
Last ClosingJOD 4.962156.74
YTD % 1.951% 0%
Weekly %up 2.626% 2.76%
Year HighJOD 5.564408.46
Year LowJOD 3.281828.67
52 Week HighJOD 10.462373.16
52 Week LowJOD 4.271367.32
BETA1.1577
Outstanding Shares131,625,000
Market CapJOD 652,860,000
Market Cap in $USD $922,118,644
% of Palestine Market38.59%
% of Sector100.00%
Rank by Cap1

Key Figures in '000 JOD

200420022000
Total Assets239,471226,543235,262
Shareholder's Equity132,209108,07495,842
NIAT7,2577,2578,591
Dividends13,500N/AN/A

Financial Ratios

200420022000
Assets Growth5.71%-3.71%23.80%
Earning Growth-100.00%-15.53%34.84%
ROaA0.00%3.14%4.04%
ROaE0.00%13.43%10.33%
No. Of Shares67,500,00067,500,00067,500,000
EPS0.000.110.13
EPS GrowthN/A-15.53%34.84%
Payout Ratio186.037N/AN/A

Valuation Ratios

Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity




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