Estithmar Holding Q.p.s.c · QSE:IGRD
Estithmar Holding Q.p.s.c — Investor Presentation (March 2023)
43 slides from Estithmar Holding Q.p.s.c's investor presentation, March 2023
Slide 1: Investor Presentation
> Estithmar Holding Q.P.S.C. Investor Presentation
Slide 2: Agenda
Agenda 1. Company Overview ▪ Company History ▪ Values, mission, vision and guiding principals ▪ Corporate strategy ▪ Board and diverse leadership team ▪ Governance ▪ Corporate Snapshot ▪ Growth Story 2. Clusters Overview and Operating Performance ▪ Healthcare ▪ Ventures ▪ Services ▪ Contracting ▪ In
Slide 3: Important information and disclaimer
Important information and disclaimer For the purposes of this disclaimer, Estithmar refers to Estithmar Holding Q.P.S.C., its subsidiaries and associated companies, together with its and their respective directors, officers, employees and agents, both collectively and individually. This document (“P
Slide 4: Company Overview
> Estithmar Holding Q.P.S.C. COMPANY OVERVIEW
Slide 5: Business units and projects overview
Events & Catering MEP Steel The View Hospital Al Maha Island Facilities Management Landscape Joinery KMC Maysan Doha Resources Marine Stones Operation Management Katara Hills Gabro Fit-Out Modular Kitchens CESCO Watermaster 5
Slide 6: Synergy & Alignment
-Synergy & Alignment All our BUs works in synergy to deliver high end projects Specialized in fire • safety systems & ELV solutions. specializes in • water-feature projects 6
Slide 7: Company History
Company History With the support of its key shareholders, the business has evolved over years from operating units within the shareholder's group of companies to become Estithmar Holding, one of the leading industrial pillars of Qatar's economy. Successful Track Record of Formation of Elegancia Laun
Slide 8: Vision, Mission, Values
VISION Creating a brighter future from Qatar to the world VALUES GUIDING • Leadership • Collaboration PRINCIPLES • Accountability • Preserve Corporate Reputation • Quality • Corporate Social Responsibility • Resilience • Develop Future Leaders MISSION • Promote Innovation We add exceptional value to
Slide 9: Corporate Strategy
- Corporate Strategy INTEGRATED OFFERING, MARGIN UPGRADE & INTERNATIONAL EXPANSION MARGIN MARKET SERVICE EXPANSION OFFERING To transform from the conventional way of doing business, GROWTH into embracing a holistic modern measurable customer- CUSTOMER CENTRIC STRATEGY Evolve towards higher Expanding
Slide 10: Board of Directors
-Board of Directors Experienced Board of Directors Mr. Moutaz Al-Khayyat Mr. Ramez Al-Khayyat Chairman Vice Chairman Chair, Executive Committee Mr. Mohammed Ghanim Mr. Eyad Abdulrahim Mr. Khalid Ghanim Mr. Mohamad Mohamad Sadiq Mr. Hamad Ghanim S Al Hodifi Al-Kuwari Board Member/ Managing Director S
Slide 11: Leadership
Leadership A multigenerational and diversified team 87different nationalities and backgrounds. 11
Slide 12: Governance
-Governance Shareholders Key Governance principles Board of Directors ▪ Structured and robust approval process following a comprehensive Nomination & delegation of authorities (DOA). Audit & Risk Executive Remuneration Committee Committee Committee ▪ Arm's length dealings with related parties – all
Slide 13: Major Shareholders and Trading Performance
-Major Shareholders and Trading Performance Key Shareholders Above 5 % Ownership Mr. Mohammad Moataz Al-Khayyat - Mr. Ramez Al-Khayyat – Chairman Vice Chairman # Shareholder name % of ownership 1 Mrs. Sumaya Saber Hamsho 20.72% 2 Mr.Mohamad Moataz Mohamad Al- Khayyat 19.70% 3 Mr. Ramez Mohamad Al-Kh
Slide 14: Growth Story
- Growth Story Algeria Projects Modular Maldives Factory HEALTHCARE OPERATION MANAGEMENT MODEL Market Expansion Kazakhstan Project EBITDA Egypt Projects Estimated Growth by EBITDA QAR 518 mn Audited 2.5x - 3x Iraq Projects 15 2022 2023 2025 Beyond
Slide 15: Cluster Overview
> Estithmar Holding Q.P.S.C. CLUSTER OVERVIEW
Slide 16: Healthcare Operation Management Model
HEALTHCARE OPERATION MANAGEMENT MODEL
Slide 17: Our Services Portfolio
Elegancia Healthcare, is among the healthcare leaders in Qatar. Founded on the principles of compassion and global excellence, driven by a commitment to deliver unmatched patient-focused experiences and allowing people to lead better and healthier lives. In order to optimize Qatar’s continued and su
Slide 18: Potential Market Growth
-Potential Market Growth Total Population Current Insured Jan 2023 Market 2.9 M 500,000 Potential Insured Market After implementing the Qataris Non-Qataris healthcare decree 300,000 2.6 M QAR Potential to Non-Labor Labor capture 5 bn traveler for healthcare 1.4 M 1.2 M Potential Targeted Market
Slide 19: Revenue Drivers & Differentiators
-Revenue Drivers & Differentiators Drivers Differentiator Drivers Differentiator Drivers Differentiator Wide spectrum of Cedars Sinai Affiliation Market Gap ASAN Affiliation Operation Management WMC Affiliation healthcare services Inbound patient (Plastic Korean Business Model German Business Outbou
Slide 20: Diversified Healthcare portfolio
-Diversified Healthcare portfolio SPECIALTY ACUTE CARE AMBULATORY OPERATION PUBLIC-PRIVATE NEW MARKET LONG TERM CARE & DIGITAL HOSPITALS SERVICES MANAGEMENT PARTNERSHIP EXPANSION REHABILITATION HEALTH Korean Medical Purpose built ▪ Virtual visits The View Center facility anchored ▪ Medical second Ho
Slide 21: Financial Performance 2022
- Financial Performance2022 Revenue 1% Comments: • The View Hospital opened on 18 2022 December 2022. • Revenue was contributed by The View Hospital and an ongoing operations management contract. Revenue Composition 2022 Main Growth Drivers • Long term operation management contract • Low risk model
Slide 22: The View Hospital
COMPLEX CARE SPECIALITY SIGNATURE SERVICES SERVICES WOMEN’S HEALTH USUALLY TREATED ABROAD 01 ONCOLOGY HEART HEALTH DIABETES CARE 02 CARDIOLOGY EXECUTIVE HEALTH 03 STROKES WELLNESS (WEIGHT MANAGEMENT & COMPLEX BARIATRIC SURGERY) 04 ORTHOPEDIC FAMILY HEALTH #1 In California #2 In The USA Has been name
Slide 23: Korean Medical Center
IN PARTNERSHIP WITH THE BEST KOREAN MEDICINE PROVIDERS: PLASTIC SURGERY, DERMATOLOGY NAD WELLNESS CENTER FERTILITY CENTER FERTILIYCENTER DENTAL CLINIC PAIN MANAGEMENT, REHABILITATION & KOREAN MEDICINE CENTER SPINE & JOINT CENTER VISION CENTER PRIMARY CARE SERVICES EXECUTIVE HEALTH CHECK UP CENTER Co
Slide 24: Operation Management Model
MEDICAL SERVICES DEPARTMENT OF INTERNAL MEDICINE SURGERY DEPARTMENT LABORATORY & PATHOLOGY ANESTHESIOLOGY, INTENSIVE CARE MEDICINE AND PAIN THERAPY WOMEN´S HEALTH – GYNAECOLOGY & OBSTETRICS DIAGNOSTIC- & INTERVENTIONAL RADIOLOGY FUNCTIONAL DIAGNOSTIC PEDIATRICS, ADOLESCENT MEDICINE & NEONATOLOGY EME
Slide 25: Signature Services
SIGNATURE SERVICES WOMEN’S HEALTH MEN’S HEALTH HEART HEALTH CHILD HEALTH COMMUNITY HEALTH & WELLNESS 1.3 bn QAR 14.95% IRR 1.2 bn QAR +400 20 Initial investment At investment Annual revenue Beds Operating at stabilization Rooms
Slide 26: Touristic Destinations, Hotels and Resorts
Touristic Destinations Hotels and Resorts Hospitality and Entertainment Purposed focus Accommodation
Slide 27: Catering, Facilities Management, Resources
Catering Facilities Management Resources Gabro
Slide 28: MEP, Landscape, Marine
MEP Landscape Marine Fit-Out Kitchens CESCO Watermaster
Slide 29: Steel, Joinery, Stones
Steel Joinery Stones Modular
Slide 30: Financial Statements and Key Highlights
FINANCIAL STATEMENTS AND KEY HIGHLIGHTS
Slide 31: Key Financial Highlights
- Key Financial Highlights Income Statement ( in QAR m) Investment Metrics (2022) Earnings per share Work-in-Hand Revenue 4,237 QAR 0.107 QAR 3.2 bn Gross Profit 620 Return on Equity Selected-Not- EBITDA 518 Booked 7.3% QAR 15+ bn Net Profit 338 Financial Position (2022) Total Assets Net Assets Work
Slide 32: 2022 Company snapshot
- 2022 Company snapshot REVENUE EBITDA ASSETS Work-In-Hand 2% 1% 1% 3% 6% 26% 19% 30% 40% 48% 46% 50% 8% 67% 9% 9% 32% 4% 4 10 6 10 11 Number of Companies Number of Companies Number of Companies Number of Companies Number of Companies QAR 37 million QAR 2,300 million QAR 104 QAR 1,940 million QAR 44
Slide 33: Company snapshot
-Company snapshot Revenue 22 EBITDA 22 4,237 518 ( in QAR m) Revenue Revenue Revenue Revenue Revenue 2025 2025 2025 11% 2025 2025 7% 7.4x .8x 1.8x 43x 21% 10% 2.1x 22% Growth Growth Growth 1% Growth 2% 39% Growth 47% 41% 2022 2022 2022 2022 2022 EBITDA EBITDA EBITDA EBITDA EBITDA 2025 2025 .8x 4x 4%
Slide 34: Consolidated Income Statement
- Consolidated Income Statement Estithmar’s P&L reflects growth in EBIT and Net Profit Group Revenue (2019-2022) Group EBITDA (2019-2022) 4,500 4,237 600 Revenue increased by 32% YoY 4,000 518 • Contracting and Services clusters CAGR: 37% 500 3,500 3,202 422 continued strong organic growth which 395
Slide 35: Key Financial Highlights Q1 2023
- Key Financial Highlights Q1 2023 766 mn -9% 170 mn 71% Revenue Gross Profit 2% 9% 184 mn 48% 101.2 mn 10% EBITDA Net Profit Clusters’ Net Profit (QR M) Revenue 46% Contribution Healthcare 1 (45) Ventures 40 (11) Services 57 71 39% Industries 4 (6) Contracting (18) 117 4% (60) (40) (20) - 20 40 60
Slide 36: Key Financial Highlights Q1 2023
- Key Financial Highlights Q1 2023 Total Assets composition by Cluster 1.10 8,651 4.7% Return on Assets Contracting 280 Current Ratio 20 Days Total Assets 22% Corporate Working Capital Cash Conversion 9.0% 32% Return on Equity Industries 0.41 7% 4,562 6.9% Healthcare 4% 1,890 Debt Equity Ratio 4.76
Slide 37: Q1 2023 Key Financial Highlights: Healthcare
Q1 2023 Key Financial Highlights THE VIEW HOSPITAL 32% 17.1 mn (11.1 ) mn Projects Revenue Gross Profit Revenue 0% KMC Contribution (41.7 ) mn (45.3 ) mn EBITDA Net Profit 68% ews
Slide 38: Q1 2023 Key Financial Highlights: Ventures
Q1 2023 Key Financial Highlights AL MAHA ISLAND 90% KATARA HILLS 72.6 mn (32.3 ) mn 7% Projects Revenue Gross Profit Revenue Contribution 3% 21.6 mn (10.7 ) mn MAYSAN EBITDA Net Profit 0% EQUESTRIAN CLUB
Slide 39: Q1 2023 Key Financial Highlights: Services
Q1 2023 Key Financial Highlights FACILITIES MANAGEMENT 29% CATERING 398 mn 82.2 mn Business Units 39% Revenue EBITDA Revenue Contribution 28% 75 mn 56.7 mn RESOURCES Gross Profit Net Profit 4% GABRO
Slide 40: Q1 2023 Key Financial Highlights: Contracting
- Q1 2023 Key Financial Highlights-Contracting MEP 59% CONTRACTING 4% MARINE 4% 327.5 mn 124.6 mn Business Units 17.4% LANDSCAPE Revenue EBITDA Revenue Contribution 1% KITCHEN 137 mn 116.9 mn 5.2% Gross Profit Net Profit 6.5% WATERMASTER 1.3% CESCO Debbas
Slide 41: Q1 2023 Key Financial Highlights: Industries
Q1 2023 Key Financial Highlights-Industries STEEL 33% 35.3 mn (0.3 ) mn Business Units Revenue EBITDA Revenue 39% JOINERY Contribution 1.2 mn (5.7 ) mn Gross Profit Net Profit 28% STONE
Slide 42: Key Takeaway
- Key Takeaway STRATEGY GROWTH OFFERING EBITDA ▪ Higher Margin Service Economy. ▪ Max New Shares 1,361,615,000 ▪ International Market Expansion. ▪ Sustainable Revenue Stream. 2.5x - 3x ▪ Board Seat Opportunity for Above 15% ownership By 2025 80
Slide 43: Thank You Q&A
> Estithmar Holding Q.P.S.C. THANK YOU Q&A
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