aismaeel/dataBeta
GCC valuation database · industry averages from audited accounts
Datasets / Saudi Arabia / Industries

Car Rental تأجير السيارات

Three fleets in the same rental and used-car markets, where the margin between what the cars earn and what the money costs has nearly closed.

GCC code GCC-CARTadawul sector TransportationCompanies 3 of 3Market value FY2025 SAR 9bnRevenue FY2025 SAR 5.6bn
ROIC FY2025
10.0%
WACC 9.5%
Spread
+0.5%
ROIC − WACC
EV/EBITDA
5.7×
P/E 12.3×
Dividend yield
2.4%
Payout 29.6%

FY2018–FY2025

Return on capital against its cost
WACC shown from the first year every company was listed
8%9%10%11%12%13%14%15%FY18FY19FY20FY21FY22FY23FY24FY25ROIC FY2018: 14.3%ROIC FY2019: 11.5%ROIC FY2020: 10.5%ROIC FY2021: 13.2%ROIC FY2022: 12.5%ROIC FY2023: 10.9%ROIC FY2024: 10.2%ROIC FY2025: 10.0%WACC FY2024: 8.8%WACC FY2025: 9.5%
ROICWACC
Margins
Industry totals
0%10%20%30%40%50%60%70%FY18FY19FY20FY21FY22FY23FY24FY25EBITDA margin FY2018: 61.1%EBITDA margin FY2019: 57.1%EBITDA margin FY2020: 50.2%EBITDA margin FY2021: 51.6%EBITDA margin FY2022: 53.2%EBITDA margin FY2023: 46.5%EBITDA margin FY2024: 44.3%EBITDA margin FY2025: 44.2%Net margin FY2018: 16.3%Net margin FY2019: 16.3%Net margin FY2020: 15.4%Net margin FY2021: 20.0%Net margin FY2022: 21.2%Net margin FY2023: 16.0%Net margin FY2024: 14.0%Net margin FY2025: 12.9%
EBITDA marginNet margin

Every dataset, by company

CompanyROICSpreadCapEx %Revenue growthP/EEV/EBITDADiv. yieldBeta
Budget Saudi4260 · United International Transportation Co.9.9%+0.2%1.3%22.7%10.7×5.3×3.2%1.06
Theeb4261 · Theeb Rent a Car Co.9.6%+1.0%0.7%14.9%13.8×6.4×3.9%1.01
Lumi4262 · Lumi Rental Co.10.7%+0.6%1.9%7.7%13.9×5.6×0.0%1.16
Car Rental (industry)10.0%+0.5%1.1%15.8%12.3×5.7×2.4%1.08

Column headings open the full dataset across all industries.

The Car Rental piece

How these companies make money, and what their returns say about it, explained from first principles.

Read it on research.aismaeel.com