Palestine Development & Investment Overview

  • Year Founded
  • 1993

Year Founded

  • Status
  • Public

  • Stock Symbol
  • PADICO

Stock Symbol

  • Investments
  • 3

  • Share Price
  • $1.02
  • (As of Thursday Closing)

Palestine Development & Investment General Information

Description

Palestine Development & Investment Co is an investment and development company. It invests in real estate, telecommunications, tourism, industry, agriculture, infrastructure, financial services, and the environment sectors. The company's objective is to develop and encourage investment in various sectors and technical and consultancy services through the establishment of companies, joint ventures, and associations with other companies. The firm's investment strategy is based on sector diversification, long-term investment, and well-founded partnerships. It classifies its investments in subsidiary companies, affiliated companies, and other investments.

Contact Information

Website
www.padico.com
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • P.O. Box 6181
  • Rawabi 11118
  • Jordan
+962 (06)
Primary Industry
Holding Companies
Other Industries
Real Estate Investment Trusts (REITs)
Other Financial Services
Stock Exchange
XPAE
Corporate Office
  • P.O. Box 6181
  • Rawabi 11118
  • Jordan
+962 (06)

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Palestine Development & Investment Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.02 $1.01 $1.00 - $1.33 $193M 189M 179K -$0.09

Palestine Development & Investment Financials Summary

In Thousands,
USD
TTM 30-Jun-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 520,502 562,851 681,412 613,416
Revenue 82,872 94,741 98,677 87,484
EBITDA (2,494) 4,888 60,387 49,704
Net Income (18,332) (11,637) 24,888 21,137
Total Assets 726,085 730,709 797,255 808,052
Total Debt 266,854 269,753 278,611 249,462
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Palestine Development & Investment Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Palestine Development & Investment Executive Team (2)

Name Title Board Seat
Abdallah Sabat Chief Executive Officer
Nimer Wahed Chief Financial Officer
To view Palestine Development & Investment’s complete executive team members history, request access »

Palestine Development & Investment Investments & Acquisitions (3)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Jacir Palace 01-Jan-1998 Hotels and Resorts
Palestine Power Generation Company Energy Production
VTEL Holdings Corporate Telecommunications Service Providers
To view Palestine Development & Investment’s complete investments and acquisitions history, request access »

Palestine Development & Investment Subsidiaries (1)

Company Name Industry Location Founded
Nakheel Palestine Cultivation Jericho, Palestine
To view Palestine Development & Investment’s complete subsidiaries history, request access »

Palestine Development & Investment Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Palestine Power Generation Company Completed
  • 8 buyers
To view Palestine Development & Investment’s complete exits history, request access »

Palestine Development & Investment FAQs

  • When was Palestine Development & Investment founded?

    Palestine Development & Investment was founded in 1993.

  • Who is the CEO of Palestine Development & Investment?

    Abdallah Sabat is the CEO of Palestine Development & Investment.

  • Where is Palestine Development & Investment headquartered?

    Palestine Development & Investment is headquartered in Rawabi, Jordan.

  • What industry is Palestine Development & Investment in?

    Palestine Development & Investment’s primary industry is Holding Companies.

  • Is Palestine Development & Investment a private or public company?

    Palestine Development & Investment is a Public company.

  • What is Palestine Development & Investment’s stock symbol?

    The ticker symbol for Palestine Development & Investment is PADICO.

  • What is the current stock price of Palestine Development & Investment?

    As of 10-Oct-2024 the stock price of Palestine Development & Investment is $1.02.

  • What is the current market cap of Palestine Development & Investment?

    The current market capitalization of Palestine Development & Investment is $193M.

  • What is Palestine Development & Investment’s current revenue?

    The trailing twelve month revenue for Palestine Development & Investment is $82.9M.

  • What is Palestine Development & Investment’s annual earnings per share (EPS)?

    Palestine Development & Investment’s EPS for 12 months was -$0.09.

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