Financial Analysis Report: Al Anwar Ceramic Tiles Company Performance

This report provides a detailed financial analysis of Al Anwar Ceramic Tiles Company (AACT), the first ceramic tile manufacturer in Oman. It examines the company's performance from 2014 to 2018, highlighting key catalysts such as expansion plans and market opportunities in the GCC region, including Saudi Arabia and Qatar. The report includes an investment rationale, emphasizing the company's financial strength, asset-to-liability ratio, and growth potential. It employs a Weighted Average Cost of Capital (WACC) valuation method, including discounted cash flow (DCF) and relative valuation models, to determine a target price and assess upside/downside potential. The analysis also covers financial statements, including sales, cost of sales, and net profit, as well as cash flow statements and balance sheets from 2014-2018. The report concludes with an investment recommendation to hold the shares, considering the company's current market position, and provides learning outcomes related to financial statement preparation and valuation techniques. This report is available on Desklib, along with other past papers and solved assignments.