View Financial HealthSuez Canal Company for Technology Settling (S.A.E) 配当と自社株買い配当金 基準チェック /36Suez Canal Company for Technology Settling (S.A.E)配当を支払う会社であり、現在の利回りは1.86%で、収益によって十分にカバーされています。主要情報1.9%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長34.0%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向57%最近の配当と自社株買いの更新お知らせ • Jun 24Suez Canal Company for Technology Settling (S.A.E) announces Annual dividend, payable on July 17, 2025Suez Canal Company for Technology Settling (S.A.E) announced Annual dividend of EGP 11.2500 per share payable on July 17, 2025, ex-date on July 15, 2025 and record date on July 16, 2025.Upcoming Dividend • Dec 19Upcoming dividend of ج.م7.25 per share at 8.2% yieldEligible shareholders must have bought the stock before 26 December 2023. Payment date: 28 December 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 8.2%. Within top quartile of Egyptian dividend payers (7.4%). Higher than average of industry peers (2.9%).Upcoming Dividend • Dec 19Upcoming dividend of ج.م5.40 per shareEligible shareholders must have bought the stock before 26 December 2022. Payment date: 28 December 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 8.8%. Within top quartile of Egyptian dividend payers (8.4%). Higher than average of industry peers (2.9%).Upcoming Dividend • Dec 27Inaugural dividend of ج.م5.00 per shareEligible shareholders must have bought the stock before 03 January 2022. Payment date: 05 January 2022. The company is not currently making a profit but it is cash flow positive. The company last paid an ordinary dividend in December 2018. The average dividend yield among industry peers is 2.2%.Upcoming Dividend • Dec 21Upcoming Dividend of ج.م1.50 Per ShareWill be paid on the 30th of December to those who are registered shareholders by the 28th of December. The company last paid an ordinary dividend in December 2018. The average dividend yield among industry peers is 1.7%.すべての更新を表示Recent updatesお知らせ • Nov 14Suez Canal Company for Technology Settling (S.A.E), Annual General Meeting, Dec 08, 2025Suez Canal Company for Technology Settling (S.A.E), Annual General Meeting, Dec 08, 2025, at 14:30 Egypt Standard Time. Location: cairo Egyptお知らせ • Jun 24Suez Canal Company for Technology Settling (S.A.E) announces Annual dividend, payable on July 17, 2025Suez Canal Company for Technology Settling (S.A.E) announced Annual dividend of EGP 11.2500 per share payable on July 17, 2025, ex-date on July 15, 2025 and record date on July 16, 2025.Board Change • May 14No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Non-Executive Director Rami Ahmed Al-Naga was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.お知らせ • Nov 14Suez Canal Company for Technology Settling (S.A.E), Annual General Meeting, Dec 05, 2024Suez Canal Company for Technology Settling (S.A.E), Annual General Meeting, Dec 05, 2024, at 14:00 Egypt Standard Time. Location: cairo EgyptNew Risk • Jul 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 57% Last year net profit margin: 86% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Dividend is not well covered by cash flows (189% cash payout ratio). Profit margins are more than 30% lower than last year (57% net profit margin).New Risk • Jul 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 53% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (53% accrual ratio). Minor Risk Dividend is not well covered by cash flows (195% cash payout ratio).Reported Earnings • Apr 22Second quarter 2024 earnings released: EPS: ج.م1.88 (vs ج.م2.17 in 2Q 2023)Second quarter 2024 results: EPS: ج.م1.88 (down from ج.م2.17 in 2Q 2023). Revenue: ج.م442.9m (up 46% from 2Q 2023). Net income: ج.م170.7m (down 13% from 2Q 2023). Profit margin: 39% (down from 65% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Jan 18First quarter 2024 earnings released: EPS: ج.م5.98 (vs ج.م4.51 in 1Q 2023)First quarter 2024 results: EPS: ج.م5.98 (up from ج.م4.51 in 1Q 2023). Revenue: ج.م737.3m (up 29% from 1Q 2023). Net income: ج.م543.6m (up 33% from 1Q 2023). Profit margin: 74% (up from 72% 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 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Dec 19Upcoming dividend of ج.م7.25 per share at 8.2% yieldEligible shareholders must have bought the stock before 26 December 2023. Payment date: 28 December 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 8.2%. Within top quartile of Egyptian dividend payers (7.4%). Higher than average of industry peers (2.9%).Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ج.م88.90, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 12x in the Consumer Services industry in Egypt. Total returns to shareholders of 180% over the past three years.Reported Earnings • Oct 29Full year 2023 earnings released: EPS: ج.م9.35 (vs ج.م6.55 in FY 2022)Full year 2023 results: EPS: ج.م9.35 (up from ج.م6.55 in FY 2022). Revenue: ج.م1.55b (up 11% from FY 2022). Net income: ج.م858.5m (up 44% from FY 2022). Profit margin: 55% (up from 43% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م72.00, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Consumer Services industry in Egypt. Total returns to shareholders of 117% over the past three years.New Risk • Jul 16New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Jul 15Third quarter 2023 earnings released: EPS: ج.م1.83 (vs ج.م0.69 in 3Q 2022)Third quarter 2023 results: EPS: ج.م1.83 (up from ج.م0.69 in 3Q 2022). Revenue: ج.م306.1m (up 2.5% from 3Q 2022). Net income: ج.م166.1m (up 166% from 3Q 2022). Profit margin: 54% (up from 21% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ج.م60.61, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 15x in the Consumer Services industry in Africa. Total returns to shareholders of 108% over the past three years.Buying Opportunity • Jan 31Now 21% undervaluedOver the last 90 days, the stock is up 43%. The fair value is estimated to be ج.م76.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 9.3%.Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to ج.م73.38, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 13x in the Consumer Services industry in Africa. Total returns to shareholders of 162% over the past three years.Upcoming Dividend • Dec 19Upcoming dividend of ج.م5.40 per shareEligible shareholders must have bought the stock before 26 December 2022. Payment date: 28 December 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 8.8%. Within top quartile of Egyptian dividend payers (8.4%). Higher than average of industry peers (2.9%).Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 20% share price gain to ج.م50.98, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 14x in the Consumer Services industry in Africa. Total returns to shareholders of 43% over the past three years.Board Change • Nov 16No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Non-Executive Director Mahmoud Mohamed Labib was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Jul 07Third quarter 2022 earnings released: EPS: ج.م0.69 (vs ج.م1.43 in 3Q 2021)Third quarter 2022 results: EPS: ج.م0.69 (down from ج.م1.43 in 3Q 2021). Revenue: ج.م298.7m (up 3.9% from 3Q 2021). Net income: ج.م62.5m (down 52% from 3Q 2021). Profit margin: 21% (down from 45% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 18Second quarter 2022 earnings released: EPS: ج.م1.90 (vs ج.م1.67 in 2Q 2021)Second quarter 2022 results: EPS: ج.م1.90 (up from ج.م1.67 in 2Q 2021). Revenue: ج.م307.6m (up 2.9% from 2Q 2021). Net income: ج.م170.0m (up 12% from 2Q 2021). Profit margin: 55% (up from 51% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 04First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: ج.م463.8m (up 19% from 1Q 2021). Net income: ج.م284.7m (up 20% from 1Q 2021). Profit margin: 61% (in line with 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 27% per year.Upcoming Dividend • Dec 27Inaugural dividend of ج.م5.00 per shareEligible shareholders must have bought the stock before 03 January 2022. Payment date: 05 January 2022. The company is not currently making a profit but it is cash flow positive. The company last paid an ordinary dividend in December 2018. The average dividend yield among industry peers is 2.2%.Reported Earnings • Jul 18Third quarter 2021 earnings released: EPS ج.م1.44 (vs ج.م1.31 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ج.م287.5m (up 14% from 3Q 2020). Net income: ج.م130.2m (up 10% from 3Q 2020). Profit margin: 45% (down from 47% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Apr 15Second quarter 2021 earnings releasedSecond quarter 2021 results: Net income: ج.م151.6m (up 22% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 49% per year.Is New 90 Day High Low • Dec 23New 90-day high: ج.م44.45The company is up 11% from its price of ج.م40.00 on 24 September 2020. The Egyptian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 8.0% over the same period.Upcoming Dividend • Dec 21Upcoming Dividend of ج.م1.50 Per ShareWill be paid on the 30th of December to those who are registered shareholders by the 28th of December. The company last paid an ordinary dividend in December 2018. The average dividend yield among industry peers is 1.7%.決済の安定と成長配当データの取得安定した配当: 配当金の支払いは安定していますが、 SCTSが配当金を支払っている期間は 10 年未満です。増加する配当: SCTSの配当金は増加していますが、同社は8年間しか配当金を支払っていません。配当利回り対市場Suez Canal Company for Technology Settling (S.A.E) 配当利回り対市場SCTS 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (SCTS)1.9%市場下位25% (EG)1.3%市場トップ25% (EG)5.9%業界平均 (Consumer Services)2.1%アナリスト予想 (SCTS) (最長3年)n/a注目すべき配当: SCTSの配当金 ( 1.86% ) はEG市場の配当金支払者の下位 25% ( 1.28% ) よりも高くなっています。高配当: SCTSの配当金 ( 1.86% ) はEG市場の配当金支払者の上位 25% ( 5.89% ) と比較すると低いです。株主への利益配当収益カバレッジ: SCTSの配当金は、合理的な 配当性向 ( 57.3% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: SCTSは合理的な 現金配当性向 ( 71.2% ) を備えているため、配当金の支払いはキャッシュフローによって賄われます。高配当企業の発掘7D1Y7D1Y7D1YEG 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/13 04:09終値2026/05/13 00:00収益2025/11/30年間収益2025/08/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Suez Canal Company for Technology Settling (S.A.E) 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Jun 24Suez Canal Company for Technology Settling (S.A.E) announces Annual dividend, payable on July 17, 2025Suez Canal Company for Technology Settling (S.A.E) announced Annual dividend of EGP 11.2500 per share payable on July 17, 2025, ex-date on July 15, 2025 and record date on July 16, 2025.
Upcoming Dividend • Dec 19Upcoming dividend of ج.م7.25 per share at 8.2% yieldEligible shareholders must have bought the stock before 26 December 2023. Payment date: 28 December 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 8.2%. Within top quartile of Egyptian dividend payers (7.4%). Higher than average of industry peers (2.9%).
Upcoming Dividend • Dec 19Upcoming dividend of ج.م5.40 per shareEligible shareholders must have bought the stock before 26 December 2022. Payment date: 28 December 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 8.8%. Within top quartile of Egyptian dividend payers (8.4%). Higher than average of industry peers (2.9%).
Upcoming Dividend • Dec 27Inaugural dividend of ج.م5.00 per shareEligible shareholders must have bought the stock before 03 January 2022. Payment date: 05 January 2022. The company is not currently making a profit but it is cash flow positive. The company last paid an ordinary dividend in December 2018. The average dividend yield among industry peers is 2.2%.
Upcoming Dividend • Dec 21Upcoming Dividend of ج.م1.50 Per ShareWill be paid on the 30th of December to those who are registered shareholders by the 28th of December. The company last paid an ordinary dividend in December 2018. The average dividend yield among industry peers is 1.7%.
お知らせ • Nov 14Suez Canal Company for Technology Settling (S.A.E), Annual General Meeting, Dec 08, 2025Suez Canal Company for Technology Settling (S.A.E), Annual General Meeting, Dec 08, 2025, at 14:30 Egypt Standard Time. Location: cairo Egypt
お知らせ • Jun 24Suez Canal Company for Technology Settling (S.A.E) announces Annual dividend, payable on July 17, 2025Suez Canal Company for Technology Settling (S.A.E) announced Annual dividend of EGP 11.2500 per share payable on July 17, 2025, ex-date on July 15, 2025 and record date on July 16, 2025.
Board Change • May 14No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). Non-Executive Director Rami Ahmed Al-Naga was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
お知らせ • Nov 14Suez Canal Company for Technology Settling (S.A.E), Annual General Meeting, Dec 05, 2024Suez Canal Company for Technology Settling (S.A.E), Annual General Meeting, Dec 05, 2024, at 14:00 Egypt Standard Time. Location: cairo Egypt
New Risk • Jul 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 57% Last year net profit margin: 86% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (52% accrual ratio). Minor Risks Dividend is not well covered by cash flows (189% cash payout ratio). Profit margins are more than 30% lower than last year (57% net profit margin).
New Risk • Jul 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 53% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (53% accrual ratio). Minor Risk Dividend is not well covered by cash flows (195% cash payout ratio).
Reported Earnings • Apr 22Second quarter 2024 earnings released: EPS: ج.م1.88 (vs ج.م2.17 in 2Q 2023)Second quarter 2024 results: EPS: ج.م1.88 (down from ج.م2.17 in 2Q 2023). Revenue: ج.م442.9m (up 46% from 2Q 2023). Net income: ج.م170.7m (down 13% from 2Q 2023). Profit margin: 39% (down from 65% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Jan 18First quarter 2024 earnings released: EPS: ج.م5.98 (vs ج.م4.51 in 1Q 2023)First quarter 2024 results: EPS: ج.م5.98 (up from ج.م4.51 in 1Q 2023). Revenue: ج.م737.3m (up 29% from 1Q 2023). Net income: ج.م543.6m (up 33% from 1Q 2023). Profit margin: 74% (up from 72% 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 14% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Dec 19Upcoming dividend of ج.م7.25 per share at 8.2% yieldEligible shareholders must have bought the stock before 26 December 2023. Payment date: 28 December 2023. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 8.2%. Within top quartile of Egyptian dividend payers (7.4%). Higher than average of industry peers (2.9%).
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improves as stock rises 23%After last week's 23% share price gain to ج.م88.90, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 12x in the Consumer Services industry in Egypt. Total returns to shareholders of 180% over the past three years.
Reported Earnings • Oct 29Full year 2023 earnings released: EPS: ج.م9.35 (vs ج.م6.55 in FY 2022)Full year 2023 results: EPS: ج.م9.35 (up from ج.م6.55 in FY 2022). Revenue: ج.م1.55b (up 11% from FY 2022). Net income: ج.م858.5m (up 44% from FY 2022). Profit margin: 55% (up from 43% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م72.00, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Consumer Services industry in Egypt. Total returns to shareholders of 117% over the past three years.
New Risk • Jul 16New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Jul 15Third quarter 2023 earnings released: EPS: ج.م1.83 (vs ج.م0.69 in 3Q 2022)Third quarter 2023 results: EPS: ج.م1.83 (up from ج.م0.69 in 3Q 2022). Revenue: ج.م306.1m (up 2.5% from 3Q 2022). Net income: ج.م166.1m (up 166% from 3Q 2022). Profit margin: 54% (up from 21% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.
Valuation Update With 7 Day Price Move • Jan 31Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ج.م60.61, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 15x in the Consumer Services industry in Africa. Total returns to shareholders of 108% over the past three years.
Buying Opportunity • Jan 31Now 21% undervaluedOver the last 90 days, the stock is up 43%. The fair value is estimated to be ج.م76.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has grown by 9.3%.
Valuation Update With 7 Day Price Move • Dec 27Investor sentiment improved over the past weekAfter last week's 20% share price gain to ج.م73.38, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 13x in the Consumer Services industry in Africa. Total returns to shareholders of 162% over the past three years.
Upcoming Dividend • Dec 19Upcoming dividend of ج.م5.40 per shareEligible shareholders must have bought the stock before 26 December 2022. Payment date: 28 December 2022. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 8.8%. Within top quartile of Egyptian dividend payers (8.4%). Higher than average of industry peers (2.9%).
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 20% share price gain to ج.م50.98, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 14x in the Consumer Services industry in Africa. Total returns to shareholders of 43% over the past three years.
Board Change • Nov 16No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Non-Executive Director Mahmoud Mohamed Labib was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Jul 07Third quarter 2022 earnings released: EPS: ج.م0.69 (vs ج.م1.43 in 3Q 2021)Third quarter 2022 results: EPS: ج.م0.69 (down from ج.م1.43 in 3Q 2021). Revenue: ج.م298.7m (up 3.9% from 3Q 2021). Net income: ج.م62.5m (down 52% from 3Q 2021). Profit margin: 21% (down from 45% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 18Second quarter 2022 earnings released: EPS: ج.م1.90 (vs ج.م1.67 in 2Q 2021)Second quarter 2022 results: EPS: ج.م1.90 (up from ج.م1.67 in 2Q 2021). Revenue: ج.م307.6m (up 2.9% from 2Q 2021). Net income: ج.م170.0m (up 12% from 2Q 2021). Profit margin: 55% (up from 51% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 04First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: ج.م463.8m (up 19% from 1Q 2021). Net income: ج.م284.7m (up 20% from 1Q 2021). Profit margin: 61% (in line with 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 27% per year.
Upcoming Dividend • Dec 27Inaugural dividend of ج.م5.00 per shareEligible shareholders must have bought the stock before 03 January 2022. Payment date: 05 January 2022. The company is not currently making a profit but it is cash flow positive. The company last paid an ordinary dividend in December 2018. The average dividend yield among industry peers is 2.2%.
Reported Earnings • Jul 18Third quarter 2021 earnings released: EPS ج.م1.44 (vs ج.م1.31 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: ج.م287.5m (up 14% from 3Q 2020). Net income: ج.م130.2m (up 10% from 3Q 2020). Profit margin: 45% (down from 47% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Apr 15Second quarter 2021 earnings releasedSecond quarter 2021 results: Net income: ج.م151.6m (up 22% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 49% per year.
Is New 90 Day High Low • Dec 23New 90-day high: ج.م44.45The company is up 11% from its price of ج.م40.00 on 24 September 2020. The Egyptian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Services industry, which is up 8.0% over the same period.
Upcoming Dividend • Dec 21Upcoming Dividend of ج.م1.50 Per ShareWill be paid on the 30th of December to those who are registered shareholders by the 28th of December. The company last paid an ordinary dividend in December 2018. The average dividend yield among industry peers is 1.7%.