View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAcrow Misr 배당 및 자사주 매입배당 기준 점검 2/6Acrow Misr 수익으로 충분히 충당되는 현재 수익률 3.71% 보유한 배당금 지급 회사입니다.핵심 정보3.7%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향29%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Dec 11Upcoming dividend of ج.م3.63 per share at 3.5% yieldEligible shareholders must have bought the stock before 18 December 2023. Payment date: 20 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.5%. Lower than top quartile of Egyptian dividend payers (7.4%). Lower than average of industry peers (4.0%).Upcoming Dividend • Nov 22Inaugural dividend of ج.م3.50 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 22 December 2021. This is the first dividend for Acrow Misr since going public. The average dividend yield among industry peers is 2.7%.Upcoming Dividend • Dec 15First Dividend Is ج.م1.75 Per ShareWill be paid on the 24th of December to those who are registered shareholders by the 22nd of December. This is the first dividend for Acrow Misr since going public. The average dividend yield among industry peers is 2.9%.모든 업데이트 보기Recent updatesBoard Change • May 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 1 independent director (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: Minority of independent directors. Insufficient board refreshment.공고 • Mar 12Acrow Misr, Annual General Meeting, Apr 07, 2025Acrow Misr, Annual General Meeting, Apr 07, 2025, at 14:30 Egypt Standard Time. Location: cairo EgyptValuation Update With 7 Day Price Move • Sep 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ج.م75.38, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 6x in the Construction industry in Egypt. Total returns to shareholders of 169% over the past three years.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م61.27, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 11x in the Construction industry in Egypt. Total returns to shareholders of 91% over the past three years.Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: ج.م2.80 (vs ج.م1.66 in 2Q 2023)Second quarter 2024 results: EPS: ج.م2.80 (up from ج.م1.66 in 2Q 2023). Revenue: ج.م1.12b (up 105% from 2Q 2023). Net income: ج.م154.0m (up 69% from 2Q 2023). Profit margin: 14% (down from 17% 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 65% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 20First quarter 2024 earnings released: EPS: ج.م7.27 (vs ج.م2.63 in 1Q 2023)First quarter 2024 results: EPS: ج.م7.27 (up from ج.م2.63 in 1Q 2023). Revenue: ج.م893.7m (up 87% from 1Q 2023). Net income: ج.م396.6m (up 174% from 1Q 2023). Profit margin: 44% (up from 30% 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 54% 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 • Jul 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ج.م49.47, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 15x in the Construction industry in Egypt. Total returns to shareholders of 181% over the past three years.New Risk • Apr 28New 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 11% 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 High level of debt (77% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (ج.م2.14b market cap, or US$44.6m).Reported Earnings • Apr 27Full year 2023 earnings released: EPS: ج.م5.50 (vs ج.م1.75 in FY 2022)Full year 2023 results: EPS: ج.م5.50 (up from ج.م1.75 in FY 2022). Revenue: ج.م2.55b (up 62% from FY 2022). Net income: ج.م340.4m (up 253% from FY 2022). Profit margin: 13% (up from 6.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 32% per year.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ج.م58.28, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 18x in the Construction industry in Egypt. Total returns to shareholders of 186% over the past three years.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ج.م50.21, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 11x in the Construction industry in Egypt. Total returns to shareholders of 120% over the past three years.Reported Earnings • Dec 21Third quarter 2023 earnings released: EPS: ج.م1.92 (vs ج.م0.74 in 3Q 2022)Third quarter 2023 results: EPS: ج.م1.92 (up from ج.م0.74 in 3Q 2022). Revenue: ج.م779.6m (up 94% from 3Q 2022). Net income: ج.م105.5m (up 158% from 3Q 2022). Profit margin: 14% (up from 10% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Dec 11Upcoming dividend of ج.م3.63 per share at 3.5% yieldEligible shareholders must have bought the stock before 18 December 2023. Payment date: 20 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.5%. Lower than top quartile of Egyptian dividend payers (7.4%). Lower than average of industry peers (4.0%).Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ج.م54.46, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 9x in the Construction industry in Egypt. Total returns to shareholders of 291% over the past three years.Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ج.م37.59, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 7x in the Construction industry in Africa. Total returns to shareholders of 210% over the past three years.Reported Earnings • Oct 06Second quarter 2023 earnings released: EPS: ج.م1.66 (vs ج.م0.57 in 2Q 2022)Second quarter 2023 results: EPS: ج.م1.66 (up from ج.م0.57 in 2Q 2022). Revenue: ج.م545.8m (up 70% from 2Q 2022). Net income: ج.م91.2m (up 190% from 2Q 2022). Profit margin: 17% (up from 9.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Oct 02New 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 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: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 9.6% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (141% payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (ج.م1.47b market cap, or US$47.4m).Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م31.96, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 7x in the Construction industry in Africa. Total returns to shareholders of 192% over the past three years.Valuation Update With 7 Day Price Move • Apr 18Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ج.م23.03, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 8x in the Construction industry in Africa. Total returns to shareholders of 102% over the past three years.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 1 independent director (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: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Jul 27First quarter 2022 earnings released: EPS: ج.م0.42 (vs ج.م1.11 in 1Q 2021)First quarter 2022 results: EPS: ج.م0.42 (down from ج.م1.11 in 1Q 2021). Revenue: ج.م427.7m (up 22% from 1Q 2021). Net income: ج.م22.9m (down 62% from 1Q 2021). Profit margin: 5.3% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 1 independent director (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: Minority of independent directors. Insufficient board refreshment.Upcoming Dividend • Nov 22Inaugural dividend of ج.م3.50 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 22 December 2021. This is the first dividend for Acrow Misr since going public. The average dividend yield among industry peers is 2.7%.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to ج.م30.72, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 18x in the Construction industry in Africa. Total returns to shareholders of 128% over the past three years.Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to ج.م25.28, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 18x in the Construction industry in Africa. Total returns to shareholders of 89% over the past three years.Reported Earnings • Jul 07First quarter 2021 earnings released: EPS ج.م1.10 (vs ج.م0.54 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ج.م351.4m (up 40% from 1Q 2020). Net income: ج.م60.9m (up 104% from 1Q 2020). Profit margin: 17% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 22% share price gain to ج.م21.83, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 11x in the Construction industry in Africa. Total returns to shareholders of 71% over the past three years.Reported Earnings • Apr 04Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ج.م1.04b (down 4.6% from FY 2019). Net income: ج.م117.4m (down 22% from FY 2019). Profit margin: 11% (down from 14% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to ج.م18.82, the stock trades at a trailing P/E ratio of 7.4x, down from the previous P/E ratio of 9.2x. Average P/E is 10x in the Construction industry in Africa. Total returns to shareholders over the past three years are 40%.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 22% share price gain to ج.م19.99, the stock is trading at a trailing P/E ratio of 7.9x, up from the previous P/E ratio of 6.5x. This compares to an average P/E of 10x in the Construction industry in Egypt. Total returns to shareholders over the past three years are 46%.Is New 90 Day High Low • Feb 02New 90-day high: ج.م18.36The company is up 28% from its price of ج.م14.36 on 04 November 2020. The Egyptian market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 31% over the same period.Upcoming Dividend • Dec 15First Dividend Is ج.م1.75 Per ShareWill be paid on the 24th of December to those who are registered shareholders by the 22nd of December. This is the first dividend for Acrow Misr since going public. The average dividend yield among industry peers is 2.9%.Is New 90 Day High Low • Dec 08New 90-day high: ج.م16.51The company is up 40% from its price of ج.م11.78 on 09 September 2020. The Egyptian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 36% over the same period.Reported Earnings • Dec 05Third quarter 2020 earnings released: EPS ج.م0.52The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ج.م263.1m (up 14% from 3Q 2019). Net income: ج.م28.4m (up ج.م23.8m from 3Q 2019). Profit margin: 11% (up from 2.0% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Nov 16New 90-day high: ج.م15.73The company is up 32% from its price of ج.م11.91 on 18 August 2020. The Egyptian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 29% over the same period.Is New 90 Day High Low • Oct 21New 90-day high: ج.م14.36The company is up 18% from its price of ج.م12.14 on 22 July 2020. The Egyptian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 40% over the same period.Is New 90 Day High Low • Sep 29New 90-day high: ج.م12.98The company is up 6.0% from its price of ج.م12.30 on 30 June 2020. The Egyptian market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Construction industry, which is up 36% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 배당금 지급이 안정적인 반면, ACRO 은(는) 배당금을 지급한 지 10년도 채 되지 않았습니다.배당금 증가: ACRO 의 배당금 지급이 증가했지만 회사는 4 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Acrow Misr 배당 수익률 vs 시장ACRO의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (ACRO)3.7%시장 하위 25% (EG)1.1%시장 상위 25% (EG)5.4%업계 평균 (Construction)1.4%분석가 예측 (ACRO) (최대 3년)n/a주목할만한 배당금: ACRO 의 배당금( 3.71% )은 EG 시장에서 배당금 지급자의 하위 25%( 1.09% )보다 높습니다.고배당: ACRO 의 배당금( 3.71% )은 EG 시장에서 배당금 지급자의 상위 25%( 5.43% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 29.5% )로 ACRO 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: ACRO 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YEG 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/02/16 09:02종가2026/02/16 00:00수익2025/09/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Acrow Misr는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • Dec 11Upcoming dividend of ج.م3.63 per share at 3.5% yieldEligible shareholders must have bought the stock before 18 December 2023. Payment date: 20 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.5%. Lower than top quartile of Egyptian dividend payers (7.4%). Lower than average of industry peers (4.0%).
Upcoming Dividend • Nov 22Inaugural dividend of ج.م3.50 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 22 December 2021. This is the first dividend for Acrow Misr since going public. The average dividend yield among industry peers is 2.7%.
Upcoming Dividend • Dec 15First Dividend Is ج.م1.75 Per ShareWill be paid on the 24th of December to those who are registered shareholders by the 22nd of December. This is the first dividend for Acrow Misr since going public. The average dividend yield among industry peers is 2.9%.
Board Change • May 14Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 1 independent director (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: Minority of independent directors. Insufficient board refreshment.
공고 • Mar 12Acrow Misr, Annual General Meeting, Apr 07, 2025Acrow Misr, Annual General Meeting, Apr 07, 2025, at 14:30 Egypt Standard Time. Location: cairo Egypt
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ج.م75.38, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 6x in the Construction industry in Egypt. Total returns to shareholders of 169% over the past three years.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م61.27, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 11x in the Construction industry in Egypt. Total returns to shareholders of 91% over the past three years.
Reported Earnings • Aug 21Second quarter 2024 earnings released: EPS: ج.م2.80 (vs ج.م1.66 in 2Q 2023)Second quarter 2024 results: EPS: ج.م2.80 (up from ج.م1.66 in 2Q 2023). Revenue: ج.م1.12b (up 105% from 2Q 2023). Net income: ج.م154.0m (up 69% from 2Q 2023). Profit margin: 14% (down from 17% 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 65% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 20First quarter 2024 earnings released: EPS: ج.م7.27 (vs ج.م2.63 in 1Q 2023)First quarter 2024 results: EPS: ج.م7.27 (up from ج.م2.63 in 1Q 2023). Revenue: ج.م893.7m (up 87% from 1Q 2023). Net income: ج.م396.6m (up 174% from 1Q 2023). Profit margin: 44% (up from 30% 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 54% 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 • Jul 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ج.م49.47, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 15x in the Construction industry in Egypt. Total returns to shareholders of 181% over the past three years.
New Risk • Apr 28New 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 11% 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 High level of debt (77% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (ج.م2.14b market cap, or US$44.6m).
Reported Earnings • Apr 27Full year 2023 earnings released: EPS: ج.م5.50 (vs ج.م1.75 in FY 2022)Full year 2023 results: EPS: ج.م5.50 (up from ج.م1.75 in FY 2022). Revenue: ج.م2.55b (up 62% from FY 2022). Net income: ج.م340.4m (up 253% from FY 2022). Profit margin: 13% (up from 6.1% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 32% per year.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ج.م58.28, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 18x in the Construction industry in Egypt. Total returns to shareholders of 186% over the past three years.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ج.م50.21, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 11x in the Construction industry in Egypt. Total returns to shareholders of 120% over the past three years.
Reported Earnings • Dec 21Third quarter 2023 earnings released: EPS: ج.م1.92 (vs ج.م0.74 in 3Q 2022)Third quarter 2023 results: EPS: ج.م1.92 (up from ج.م0.74 in 3Q 2022). Revenue: ج.م779.6m (up 94% from 3Q 2022). Net income: ج.م105.5m (up 158% from 3Q 2022). Profit margin: 14% (up from 10% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Dec 11Upcoming dividend of ج.م3.63 per share at 3.5% yieldEligible shareholders must have bought the stock before 18 December 2023. Payment date: 20 December 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.5%. Lower than top quartile of Egyptian dividend payers (7.4%). Lower than average of industry peers (4.0%).
Valuation Update With 7 Day Price Move • Nov 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ج.م54.46, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 9x in the Construction industry in Egypt. Total returns to shareholders of 291% over the past three years.
Valuation Update With 7 Day Price Move • Oct 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ج.م37.59, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 7x in the Construction industry in Africa. Total returns to shareholders of 210% over the past three years.
Reported Earnings • Oct 06Second quarter 2023 earnings released: EPS: ج.م1.66 (vs ج.م0.57 in 2Q 2022)Second quarter 2023 results: EPS: ج.م1.66 (up from ج.م0.57 in 2Q 2022). Revenue: ج.م545.8m (up 70% from 2Q 2022). Net income: ج.م91.2m (up 190% from 2Q 2022). Profit margin: 17% (up from 9.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Oct 02New 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 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: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 9.6% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (141% payout ratio). Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (ج.م1.47b market cap, or US$47.4m).
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م31.96, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 7x in the Construction industry in Africa. Total returns to shareholders of 192% over the past three years.
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to ج.م23.03, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 8x in the Construction industry in Africa. Total returns to shareholders of 102% over the past three years.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 1 independent director (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: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Jul 27First quarter 2022 earnings released: EPS: ج.م0.42 (vs ج.م1.11 in 1Q 2021)First quarter 2022 results: EPS: ج.م0.42 (down from ج.م1.11 in 1Q 2021). Revenue: ج.م427.7m (up 22% from 1Q 2021). Net income: ج.م22.9m (down 62% from 1Q 2021). Profit margin: 5.3% (down from 17% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 1 independent director (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: Minority of independent directors. Insufficient board refreshment.
Upcoming Dividend • Nov 22Inaugural dividend of ج.م3.50 per shareEligible shareholders must have bought the stock before 29 November 2021. Payment date: 22 December 2021. This is the first dividend for Acrow Misr since going public. The average dividend yield among industry peers is 2.7%.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorated over the past weekAfter last week's 24% share price decline to ج.م30.72, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 18x in the Construction industry in Africa. Total returns to shareholders of 128% over the past three years.
Valuation Update With 7 Day Price Move • Aug 02Investor sentiment improved over the past weekAfter last week's 20% share price gain to ج.م25.28, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 18x in the Construction industry in Africa. Total returns to shareholders of 89% over the past three years.
Reported Earnings • Jul 07First quarter 2021 earnings released: EPS ج.م1.10 (vs ج.م0.54 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ج.م351.4m (up 40% from 1Q 2020). Net income: ج.م60.9m (up 104% from 1Q 2020). Profit margin: 17% (up from 12% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 22% share price gain to ج.م21.83, the stock trades at a trailing P/E ratio of 11.2x. Average trailing P/E is 11x in the Construction industry in Africa. Total returns to shareholders of 71% over the past three years.
Reported Earnings • Apr 04Full year 2020 earnings releasedThe company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ج.م1.04b (down 4.6% from FY 2019). Net income: ج.م117.4m (down 22% from FY 2019). Profit margin: 11% (down from 14% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to ج.م18.82, the stock trades at a trailing P/E ratio of 7.4x, down from the previous P/E ratio of 9.2x. Average P/E is 10x in the Construction industry in Africa. Total returns to shareholders over the past three years are 40%.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 22% share price gain to ج.م19.99, the stock is trading at a trailing P/E ratio of 7.9x, up from the previous P/E ratio of 6.5x. This compares to an average P/E of 10x in the Construction industry in Egypt. Total returns to shareholders over the past three years are 46%.
Is New 90 Day High Low • Feb 02New 90-day high: ج.م18.36The company is up 28% from its price of ج.م14.36 on 04 November 2020. The Egyptian market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 31% over the same period.
Upcoming Dividend • Dec 15First Dividend Is ج.م1.75 Per ShareWill be paid on the 24th of December to those who are registered shareholders by the 22nd of December. This is the first dividend for Acrow Misr since going public. The average dividend yield among industry peers is 2.9%.
Is New 90 Day High Low • Dec 08New 90-day high: ج.م16.51The company is up 40% from its price of ج.م11.78 on 09 September 2020. The Egyptian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 36% over the same period.
Reported Earnings • Dec 05Third quarter 2020 earnings released: EPS ج.م0.52The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ج.م263.1m (up 14% from 3Q 2019). Net income: ج.م28.4m (up ج.م23.8m from 3Q 2019). Profit margin: 11% (up from 2.0% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Nov 16New 90-day high: ج.م15.73The company is up 32% from its price of ج.م11.91 on 18 August 2020. The Egyptian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 29% over the same period.
Is New 90 Day High Low • Oct 21New 90-day high: ج.م14.36The company is up 18% from its price of ج.م12.14 on 22 July 2020. The Egyptian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 40% over the same period.
Is New 90 Day High Low • Sep 29New 90-day high: ج.م12.98The company is up 6.0% from its price of ج.م12.30 on 30 June 2020. The Egyptian market is also up 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Construction industry, which is up 36% over the same period.