View Financial HealthMisr Beni Suef CementE 配当と自社株買い配当金 基準チェック /36Misr Beni Suef CementE配当を支払う会社であり、現在の利回りは2.11%で、収益によって十分にカバーされています。主要情報2.1%配当利回り2.8%バイバック利回り総株主利回り4.9%将来の配当利回り11.0%配当成長15.5%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15%最近の配当と自社株買いの更新お知らせ • Jul 02Misr Beni Suef Cement Co. S.A.E announces Annual dividend, payable on July 20, 2025Misr Beni Suef Cement Co. S.A.E announced Annual dividend of EGP 6.0000 per share payable on July 20, 2025, ex-date on July 16, 2025 and record date on July 17, 2025.Upcoming Dividend • Jun 09Upcoming dividend of ج.م2.09 per shareEligible shareholders must have bought the stock before 16 June 2022. Payment date: 20 June 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.5%. Lower than top quartile of Egyptian dividend payers (11%). Higher than average of industry peers (5.9%).Upcoming Dividend • Aug 25Upcoming dividend of ج.م1.50 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 05 September 2021. Trailing yield: 6.2%. Lower than top quartile of Egyptian dividend payers (7.0%). Higher than average of industry peers (4.8%).すべての更新を表示Recent updatesPrice Target Changed • May 20Price target increased by 26% to ج.م359Up from ج.م285, the current price target is an average from 2 analysts. New target price is 24% above last closing price of ج.م290. Stock is up 230% over the past year. The company is forecast to post earnings per share of ج.م47.61 for next year compared to ج.م61.25 last year.Board Change • May 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Board Member Ayman Elsayed Mohamed was the last director to join the board, commencing their role in 2023. 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 • Apr 23Misr Beni Suef Cement Co. S.A.E, Annual General Meeting, May 22, 2026Misr Beni Suef Cement Co. S.A.E, Annual General Meeting, May 22, 2026, at 12:00 Egypt Standard Time. Location: cairo Egyptお知らせ • Jul 02Misr Beni Suef Cement Co. S.A.E announces Annual dividend, payable on July 20, 2025Misr Beni Suef Cement Co. S.A.E announced Annual dividend of EGP 6.0000 per share payable on July 20, 2025, ex-date on July 16, 2025 and record date on July 17, 2025.Board Change • May 14No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Board Member Ayman Elsayed Mohamed was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 29Misr Beni Suef Cement Co. S.A.E, Annual General Meeting, May 24, 2025Misr Beni Suef Cement Co. S.A.E, Annual General Meeting, May 24, 2025, at 12:00 Egypt Standard Time. Location: cairo EgyptNew Risk • Nov 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Egyptian stocks, typically moving 7.7% 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: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (ج.م2.81b market cap, or US$57.0m).New Risk • Aug 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 31% 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 (31% accrual ratio). Minor Risk Market cap is less than US$100m (ج.م2.59b market cap, or US$53.2m).Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ج.م45.86, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 120% over the past three years.Reported Earnings • Jun 09First quarter 2024 earnings released: EPS: ج.م0.61 (vs ج.م1.52 in 1Q 2023)First quarter 2024 results: EPS: ج.م0.61 (down from ج.م1.52 in 1Q 2023). Revenue: ج.م666.6m (up 141% from 1Q 2023). Net income: ج.م41.5m (down 8.5% from 1Q 2023). Profit margin: 6.2% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.New Risk • Mar 15New major risk - Revenue and earnings growthEarnings have declined by 2.2% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 2.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ج.م2.41b market cap, or US$50.4m).Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to ج.م38.33, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 196% over the past three years.Reported Earnings • Mar 12Full year 2023 earnings releasedFull year 2023 results: Revenue: ج.م2.03b (up 10% from FY 2022). Net income: ج.م369.1m (up ج.م515.0m from FY 2022). Profit margin: 18% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Jan 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ج.م2.81b (US$91.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 17% per year over the past 5 years. High level of non-cash earnings (174% accrual ratio). Minor Risk Market cap is less than US$100m (ج.م2.81b market cap, or US$91.0m).New Risk • Aug 10New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 8x earnings per share. Cash payout ratio: 188% Dividend yield: 7.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 8x earnings per share. Cash payout ratio: 188% Earnings have declined by 44% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ج.م1.65b market cap, or US$53.4m).Reported Earnings • Aug 09Second quarter 2022 earnings released: ج.م0.04 loss per share (vs ج.م0.47 profit in 2Q 2021)Second quarter 2022 results: ج.م0.04 loss per share (down from ج.م0.47 profit in 2Q 2021). Revenue: ج.م289.5m (up 57% from 2Q 2021). Net loss: ج.م3.02m (down 107% from profit in 2Q 2021).お知らせ • Jun 14An unknown buyer acquired 5.08% stake in Misr Beni Suef Cement Co. S.A.E (CASE:MBSC) from National Investment Bank for EGP 153.6 million.An unknown buyer acquired 5.08% stake in Misr Beni Suef Cement Co. S.A.E (CASE:MBSC) from National Investment Bank for EGP 153.6 million on June 11, 2023. An unknown buyer completed the acquisition of 5.08% stake in Misr Beni Suef Cement Co. S.A.E (CASE:MBSC) from National Investment Bank for EGP 153.6 million on June 11, 2023.Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 22% share price gain to ج.م33.78, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 11x in the Basic Materials industry in Africa. Total returns to shareholders of 192% over the past three years.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 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: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Jun 09Upcoming dividend of ج.م2.09 per shareEligible shareholders must have bought the stock before 16 June 2022. Payment date: 20 June 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.5%. Lower than top quartile of Egyptian dividend payers (11%). Higher than average of industry peers (5.9%).Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 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: Lack of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improved over the past weekAfter last week's 25% share price gain to ج.م30.00, the stock trades at a trailing P/E ratio of 64.8x. Average trailing P/E is 12x in the Basic Materials industry in Africa. Total returns to shareholders of 106% over the past three years.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improved over the past weekAfter last week's 22% share price gain to ج.م27.04, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 97% over the past three years.Upcoming Dividend • Aug 25Upcoming dividend of ج.م1.50 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 05 September 2021. Trailing yield: 6.2%. Lower than top quartile of Egyptian dividend payers (7.0%). Higher than average of industry peers (4.8%).Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to ج.م21.71, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 22x in the Basic Materials industry in Africa. Total returns to shareholders of 38% over the past three years.Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to ج.م18.94, the stock trades at a trailing P/E ratio of 29.9x. Average forward P/E is 18x in the Basic Materials industry in Africa. Total returns to shareholders of 24% over the past three years.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to ج.م17.86, the stock trades at a trailing P/E ratio of 20.3x. Average forward P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 11% over the past three years.Price Target Changed • Feb 17Price target lowered to ج.م15.00Down from ج.م18.80, the current price target is an average from 2 analysts. The new target price is 5.6% below the current share price of ج.م15.89. As of last close, the stock is up 4.1% over the past year.Is New 90 Day High Low • Feb 01New 90-day high: ج.م16.33The company is up 46% from its price of ج.م11.21 on 03 November 2020. The Egyptian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م4.87 per share.Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to ج.م15.99, the stock is trading at a trailing P/E ratio of 10.1x, up from the previous P/E ratio of 8.8x. This compares to an average P/E of 16x in the Basic Materials industry in Africa. Total returns to shareholders over the past three years are 21%.Is New 90 Day High Low • Jan 11New 90-day high: ج.م15.30The company is up 13% from its price of ج.م13.51 on 13 October 2020. The Egyptian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م4.88 per share.Is New 90 Day High Low • Dec 14New 90-day high: ج.م14.37The company is up 11% from its price of ج.م12.93 on 15 September 2020. The Egyptian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م4.62 per share.Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS ج.م0.42The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ج.م189.6m (down 60% from 3Q 2019). Net income: ج.م38.5m (up 80% from 3Q 2019). Profit margin: 20% (up from 4.5% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 14% per year.Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 17% share price gain to ج.م13.10, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 8.1x. This compares to an average P/E of 12x in the Basic Materials industry in Africa. Total return to shareholders over the past three years is a loss of 13%.Valuation Update With 7 Day Price Move • Nov 01Market pulls back on stock over the past weekAfter last week's 15% share price decline to ج.م11.60, the stock is trading at a trailing P/E ratio of 8.3x, down from the previous P/E ratio of 9.8x. This compares to an average P/E of 13x in the Basic Materials industry in Africa. Total return to shareholders over the past three years is a loss of 22%.Valuation Update With 7 Day Price Move • Oct 27Market pulls back on stock over the past weekAfter last week's 17% share price decline to ج.م11.60, the stock is trading at a trailing P/E ratio of 8.3x, down from the previous P/E ratio of 10x. This compares to an average P/E of 12x in the Basic Materials industry in Africa. Total return to shareholders over the past three years is a loss of 22%.Is New 90 Day High Low • Oct 26New 90-day low: ج.م11.83The company is down 2.0% from its price of ج.م12.10 on 28 July 2020. The Egyptian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م7.76 per share.Is New 90 Day High Low • Oct 07New 90-day high: ج.م13.80The company is up 15% from its price of ج.م11.98 on 09 July 2020. The Egyptian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials 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.م7.81 per share.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、 MBSC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: MBSCの配当金は増加していますが、同社は9年間しか配当金を支払っていません。配当利回り対市場Misr Beni Suef CementE 配当利回り対市場MBSC 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 (MBSC)2.1%市場下位25% (EG)1.3%市場トップ25% (EG)6.2%業界平均 (Basic Materials)3.6%アナリスト予想 (MBSC) (最長3年)11.0%注目すべき配当: MBSCの配当金 ( 2.11% ) はEG市場の配当金支払者の下位 25% ( 1.34% ) よりも高くなっています。高配当: MBSCの配当金 ( 2.11% ) はEG市場の配当金支払者の上位 25% ( 6.19% ) 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: MBSCは低い 配当性向 ( 15.5% ) であるため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: MBSCの 現金配当性向 ( 25.5% ) は比較的低く、配当金の支払いはキャッシュフローによって十分にカバーされています。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2026/05/23 06:22終値2026/05/21 00:00収益2025/12/31年間収益2025/12/31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Misr Beni Suef Cement Co. S.A.E 1 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。5 アナリスト機関Dareen El ArousyBeltone FinancialMalak YoussefEFG-Hermes ResearchPakinam El-EtribyNaeem Holding2 その他のアナリストを表示
お知らせ • Jul 02Misr Beni Suef Cement Co. S.A.E announces Annual dividend, payable on July 20, 2025Misr Beni Suef Cement Co. S.A.E announced Annual dividend of EGP 6.0000 per share payable on July 20, 2025, ex-date on July 16, 2025 and record date on July 17, 2025.
Upcoming Dividend • Jun 09Upcoming dividend of ج.م2.09 per shareEligible shareholders must have bought the stock before 16 June 2022. Payment date: 20 June 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.5%. Lower than top quartile of Egyptian dividend payers (11%). Higher than average of industry peers (5.9%).
Upcoming Dividend • Aug 25Upcoming dividend of ج.م1.50 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 05 September 2021. Trailing yield: 6.2%. Lower than top quartile of Egyptian dividend payers (7.0%). Higher than average of industry peers (4.8%).
Price Target Changed • May 20Price target increased by 26% to ج.م359Up from ج.م285, the current price target is an average from 2 analysts. New target price is 24% above last closing price of ج.م290. Stock is up 230% over the past year. The company is forecast to post earnings per share of ج.م47.61 for next year compared to ج.م61.25 last year.
Board Change • May 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Board Member Ayman Elsayed Mohamed was the last director to join the board, commencing their role in 2023. 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 • Apr 23Misr Beni Suef Cement Co. S.A.E, Annual General Meeting, May 22, 2026Misr Beni Suef Cement Co. S.A.E, Annual General Meeting, May 22, 2026, at 12:00 Egypt Standard Time. Location: cairo Egypt
お知らせ • Jul 02Misr Beni Suef Cement Co. S.A.E announces Annual dividend, payable on July 20, 2025Misr Beni Suef Cement Co. S.A.E announced Annual dividend of EGP 6.0000 per share payable on July 20, 2025, ex-date on July 16, 2025 and record date on July 17, 2025.
Board Change • May 14No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Board Member Ayman Elsayed Mohamed was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 29Misr Beni Suef Cement Co. S.A.E, Annual General Meeting, May 24, 2025Misr Beni Suef Cement Co. S.A.E, Annual General Meeting, May 24, 2025, at 12:00 Egypt Standard Time. Location: cairo Egypt
New Risk • Nov 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Egyptian stocks, typically moving 7.7% 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: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (ج.م2.81b market cap, or US$57.0m).
New Risk • Aug 31New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 31% 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 (31% accrual ratio). Minor Risk Market cap is less than US$100m (ج.م2.59b market cap, or US$53.2m).
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ج.م45.86, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 120% over the past three years.
Reported Earnings • Jun 09First quarter 2024 earnings released: EPS: ج.م0.61 (vs ج.م1.52 in 1Q 2023)First quarter 2024 results: EPS: ج.م0.61 (down from ج.م1.52 in 1Q 2023). Revenue: ج.م666.6m (up 141% from 1Q 2023). Net income: ج.م41.5m (down 8.5% from 1Q 2023). Profit margin: 6.2% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 15New major risk - Revenue and earnings growthEarnings have declined by 2.2% 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 2.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ج.م2.41b market cap, or US$50.4m).
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorates as stock falls 26%After last week's 26% share price decline to ج.م38.33, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 196% over the past three years.
Reported Earnings • Mar 12Full year 2023 earnings releasedFull year 2023 results: Revenue: ج.م2.03b (up 10% from FY 2022). Net income: ج.م369.1m (up ج.م515.0m from FY 2022). Profit margin: 18% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jan 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ج.م2.81b (US$91.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 17% per year over the past 5 years. High level of non-cash earnings (174% accrual ratio). Minor Risk Market cap is less than US$100m (ج.م2.81b market cap, or US$91.0m).
New Risk • Aug 10New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 8x earnings per share. Cash payout ratio: 188% Dividend yield: 7.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 8x earnings per share. Cash payout ratio: 188% Earnings have declined by 44% per year over the past 5 years. Minor Risk Market cap is less than US$100m (ج.م1.65b market cap, or US$53.4m).
Reported Earnings • Aug 09Second quarter 2022 earnings released: ج.م0.04 loss per share (vs ج.م0.47 profit in 2Q 2021)Second quarter 2022 results: ج.م0.04 loss per share (down from ج.م0.47 profit in 2Q 2021). Revenue: ج.م289.5m (up 57% from 2Q 2021). Net loss: ج.م3.02m (down 107% from profit in 2Q 2021).
お知らせ • Jun 14An unknown buyer acquired 5.08% stake in Misr Beni Suef Cement Co. S.A.E (CASE:MBSC) from National Investment Bank for EGP 153.6 million.An unknown buyer acquired 5.08% stake in Misr Beni Suef Cement Co. S.A.E (CASE:MBSC) from National Investment Bank for EGP 153.6 million on June 11, 2023. An unknown buyer completed the acquisition of 5.08% stake in Misr Beni Suef Cement Co. S.A.E (CASE:MBSC) from National Investment Bank for EGP 153.6 million on June 11, 2023.
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment improved over the past weekAfter last week's 22% share price gain to ج.م33.78, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 11x in the Basic Materials industry in Africa. Total returns to shareholders of 192% over the past three years.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 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: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Jun 09Upcoming dividend of ج.م2.09 per shareEligible shareholders must have bought the stock before 16 June 2022. Payment date: 20 June 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.5%. Lower than top quartile of Egyptian dividend payers (11%). Higher than average of industry peers (5.9%).
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (7 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: Lack of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improved over the past weekAfter last week's 25% share price gain to ج.م30.00, the stock trades at a trailing P/E ratio of 64.8x. Average trailing P/E is 12x in the Basic Materials industry in Africa. Total returns to shareholders of 106% over the past three years.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improved over the past weekAfter last week's 22% share price gain to ج.م27.04, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 97% over the past three years.
Upcoming Dividend • Aug 25Upcoming dividend of ج.م1.50 per shareEligible shareholders must have bought the stock before 01 September 2021. Payment date: 05 September 2021. Trailing yield: 6.2%. Lower than top quartile of Egyptian dividend payers (7.0%). Higher than average of industry peers (4.8%).
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to ج.م21.71, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 22x in the Basic Materials industry in Africa. Total returns to shareholders of 38% over the past three years.
Valuation Update With 7 Day Price Move • Jun 24Investor sentiment improved over the past weekAfter last week's 18% share price gain to ج.م18.94, the stock trades at a trailing P/E ratio of 29.9x. Average forward P/E is 18x in the Basic Materials industry in Africa. Total returns to shareholders of 24% over the past three years.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improved over the past weekAfter last week's 19% share price gain to ج.م17.86, the stock trades at a trailing P/E ratio of 20.3x. Average forward P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 11% over the past three years.
Price Target Changed • Feb 17Price target lowered to ج.م15.00Down from ج.م18.80, the current price target is an average from 2 analysts. The new target price is 5.6% below the current share price of ج.م15.89. As of last close, the stock is up 4.1% over the past year.
Is New 90 Day High Low • Feb 01New 90-day high: ج.م16.33The company is up 46% from its price of ج.م11.21 on 03 November 2020. The Egyptian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م4.87 per share.
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improved over the past weekAfter last week's 15% share price gain to ج.م15.99, the stock is trading at a trailing P/E ratio of 10.1x, up from the previous P/E ratio of 8.8x. This compares to an average P/E of 16x in the Basic Materials industry in Africa. Total returns to shareholders over the past three years are 21%.
Is New 90 Day High Low • Jan 11New 90-day high: ج.م15.30The company is up 13% from its price of ج.م13.51 on 13 October 2020. The Egyptian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م4.88 per share.
Is New 90 Day High Low • Dec 14New 90-day high: ج.م14.37The company is up 11% from its price of ج.م12.93 on 15 September 2020. The Egyptian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م4.62 per share.
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS ج.م0.42The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: ج.م189.6m (down 60% from 3Q 2019). Net income: ج.م38.5m (up 80% from 3Q 2019). Profit margin: 20% (up from 4.5% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 14% per year.
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 17% share price gain to ج.م13.10, the stock is trading at a trailing P/E ratio of 9.4x, up from the previous P/E ratio of 8.1x. This compares to an average P/E of 12x in the Basic Materials industry in Africa. Total return to shareholders over the past three years is a loss of 13%.
Valuation Update With 7 Day Price Move • Nov 01Market pulls back on stock over the past weekAfter last week's 15% share price decline to ج.م11.60, the stock is trading at a trailing P/E ratio of 8.3x, down from the previous P/E ratio of 9.8x. This compares to an average P/E of 13x in the Basic Materials industry in Africa. Total return to shareholders over the past three years is a loss of 22%.
Valuation Update With 7 Day Price Move • Oct 27Market pulls back on stock over the past weekAfter last week's 17% share price decline to ج.م11.60, the stock is trading at a trailing P/E ratio of 8.3x, down from the previous P/E ratio of 10x. This compares to an average P/E of 12x in the Basic Materials industry in Africa. Total return to shareholders over the past three years is a loss of 22%.
Is New 90 Day High Low • Oct 26New 90-day low: ج.م11.83The company is down 2.0% from its price of ج.م12.10 on 28 July 2020. The Egyptian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م7.76 per share.
Is New 90 Day High Low • Oct 07New 90-day high: ج.م13.80The company is up 15% from its price of ج.م11.98 on 09 July 2020. The Egyptian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials 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.م7.81 per share.