Price Target Changed • May 20
Price target increased by 87% to ج.م14.30 Up from ج.م7.65, the current price target is provided by 1 analyst. New target price is 47% above last closing price of ج.م9.71. Stock is up 40% over the past year. The company posted earnings per share of ج.م1.31 last year. Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Mar 09
Raya Customer Experience, Annual General Meeting, Mar 30, 2026 Raya Customer Experience, Annual General Meeting, Mar 30, 2026, at 15:30 Egypt Standard Time. Location: giza Egypt Board Change • May 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annonce • Apr 18
Raya Customer Experience, Annual General Meeting, May 14, 2025 Raya Customer Experience, Annual General Meeting, May 14, 2025, at 14:30 Egypt Standard Time. Location: gizah Egypt Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: ج.م0.30 (vs ج.م0.23 in 3Q 2023) Third quarter 2024 results: EPS: ج.م0.30 (up from ج.م0.23 in 3Q 2023). Revenue: ج.م649.8m (up 38% from 3Q 2023). Net income: ج.م70.5m (up 61% from 3Q 2023). Profit margin: 11% (up from 9.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ج.م7.10, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 22x in the Professional Services industry globally. Total returns to shareholders of 106% over the past three years. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: ج.م0.58 (vs ج.م0.23 in 2Q 2023) Second quarter 2024 results: EPS: ج.م0.58 (up from ج.م0.23 in 2Q 2023). Revenue: ج.م640.9m (up 36% from 2Q 2023). Net income: ج.م134.5m (up 207% from 2Q 2023). Profit margin: 21% (up from 9.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. New Risk • Jul 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Egyptian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (ج.م1.26b market cap, or US$26.0m). Valuation Update With 7 Day Price Move • Jun 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ج.م6.00, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 20x in the Professional Services industry globally. Total returns to shareholders of 82% over the past three years. New Risk • Jun 06
New major risk - Revenue and earnings growth Earnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ج.م1.08b market cap, or US$22.7m). Reported Earnings • May 22
First quarter 2024 earnings released: EPS: ج.م0.47 (vs ج.م0.21 in 1Q 2023) First quarter 2024 results: EPS: ج.م0.47 (up from ج.م0.21 in 1Q 2023). Revenue: ج.م634.2m (up 39% from 1Q 2023). Net income: ج.م107.5m (up 168% from 1Q 2023). Profit margin: 17% (up from 8.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ج.م5.70, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 21x in the Professional Services industry globally. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ج.م6.47, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 21x in the Professional Services industry globally. Total returns to shareholders of 95% over the past three years. New Risk • Mar 15
New major risk - Revenue and earnings growth Earnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ج.م1.13b market cap, or US$23.7m). New Risk • Oct 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (ج.م573.0m market cap, or US$18.5m). Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ج.م2.98, the stock trades at a trailing P/E ratio of 25.1x. Average forward P/E is 18x in the Professional Services industry globally. Total loss to shareholders of 5.8% over the past three years. New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Egyptian stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (ج.م579.0m market cap, or US$18.7m). Valuation Update With 7 Day Price Move • May 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ج.م2.64, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 19x in the Professional Services industry globally. Total returns to shareholders of 25% over the past three years. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to ج.م1.98, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 17x in the IT industry in Africa. Total loss to shareholders of 17% over the past three years. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment improved over the past week After last week's 15% share price gain to ج.م2.40, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 20x in the IT industry in Africa. Total loss to shareholders of 62% over the past three years. Price Target Changed • Apr 27
Price target decreased to ج.م6.00 Down from ج.م7.65, the current price target is provided by 1 analyst. New target price is 159% above last closing price of ج.م2.32. Stock is down 24% over the past year. The company posted earnings per share of ج.م0.096 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improved over the past week After last week's 21% share price gain to ج.م2.66, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 13x in the IT industry in Africa. Total loss to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ج.م2.04, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 14x in the IT industry in Africa. Total loss to shareholders of 66% over the past three years. Valuation Update With 7 Day Price Move • Aug 31
Investor sentiment improved over the past week After last week's 16% share price gain to ج.م4.34, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 14x in the IT industry in Africa. Total loss to shareholders of 16% over the past three years. Reported Earnings • Aug 14
Second quarter 2021 earnings released: EPS ج.م0.03 (vs ج.م0.041 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: ج.م193.7m (flat on 2Q 2020). Net income: ج.م7.36m (down 16% from 2Q 2020). Profit margin: 3.8% (down from 4.6% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Reported Earnings • May 16
First quarter 2021 earnings released: EPS ج.م0.01 (vs ج.م0.042 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: ج.م182.9m (down 5.7% from 1Q 2020). Net income: ج.م1.75m (down 80% from 1Q 2020). Profit margin: 1.0% (down from 4.6% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 16% share price gain to ج.م3.55, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 13x in the IT industry in Africa. Total loss to shareholders of 43% over the past three years. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improved over the past week After last week's 22% share price gain to ج.م4.28, the stock is trading at a trailing P/E ratio of 21x, up from the previous P/E ratio of 17.2x. This compares to an average P/E of 13x in the IT industry in Africa. Total return to shareholders over the past three years is a loss of 31%. Is New 90 Day High Low • Jan 19
New 90-day high: ج.م3.62 The company is up 10.0% from its price of ج.م3.31 on 21 October 2020. The Egyptian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the IT industry, which is up 20% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: ج.م3.55 The company is up 2.0% from its price of ج.م3.49 on 07 October 2020. The Egyptian market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 12% over the same period. Is New 90 Day High Low • Dec 21
New 90-day low: ج.م6.03 The company is down 6.0% from its price of ج.م6.40 on 22 September 2020. The Egyptian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م5.74 per share. Reported Earnings • Nov 16
Third quarter 2020 earnings released: EPS ج.م0.06 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ج.م179.5m (down 9.0% from 3Q 2019). Net income: ج.م7.78m (down 68% from 3Q 2019). Profit margin: 4.3% (down from 12% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Annonce • Oct 27
Raya Contact Center to Acquire Gulf-Based Company Raya Contact Center (S.A.E) (CASE:RACC) will submit a non-binding offer to acquire a Gulf-based company specialized in call center services field, according to the company’s October 25th, 2020 statement filed to the Egyptian Exchange. Raya Contact will conduct a due diligence report in order to get general assembly approval.