Board Change • May 21
No independent directors There 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. 6 experienced directors. No highly experienced directors. No independent directors (7 non-independent directors). Chairman Yasser Mohamed Ibrahim was the last director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Apr 08
Electro Cable Egypt, Annual General Meeting, May 05, 2026 Electro Cable Egypt, Annual General Meeting, May 05, 2026, at 15:00 Egypt Standard Time. Location: alqalyubia Egypt Board Change • May 14
No independent directors No 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. 공시 • Mar 28
Electro Cable Egypt, Annual General Meeting, Apr 23, 2025 Electro Cable Egypt, Annual General Meeting, Apr 23, 2025, at 16:00 Egypt Standard Time. Location: alqalyubia Egypt Reported Earnings • Aug 25
Second quarter 2024 earnings released: EPS: ج.م0.14 (vs ج.م0.10 in 2Q 2023) Second quarter 2024 results: EPS: ج.م0.14 (up from ج.م0.10 in 2Q 2023). Revenue: ج.م3.57b (up 75% from 2Q 2023). Net income: ج.م466.6m (up 38% from 2Q 2023). Profit margin: 13% (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 77% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ج.م2.99, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 10x in the Electrical industry in Africa. Total returns to shareholders of 683% over the past three years. Reported Earnings • Jun 11
First quarter 2024 earnings released: EPS: ج.م0.16 (vs ج.م0.08 in 1Q 2023) First quarter 2024 results: EPS: ج.م0.16 (up from ج.م0.08 in 1Q 2023). Revenue: ج.م3.07b (up 72% from 1Q 2023). Net income: ج.م535.3m (up 99% from 1Q 2023). Profit margin: 17% (up from 15% 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 80% per year and the company’s share price has also increased by 80% per year. Valuation Update With 7 Day Price Move • May 19
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ج.م2.22, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 7x in the Electrical industry in Africa. Total returns to shareholders of 386% over the past three years. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ج.م2.17, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 7x in the Electrical industry in Africa. Total returns to shareholders of 367% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ج.م2.54, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 6x in the Electrical industry in Africa. Total returns to shareholders of 464% over the past three years. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ج.م2.33, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 7x in the Electrical industry in Africa. Total returns to shareholders of 457% over the past three years. Reported Earnings • Mar 02
Full year 2023 earnings released: EPS: ج.م0.37 (vs ج.م0.16 in FY 2022) Full year 2023 results: EPS: ج.م0.37 (up from ج.م0.16 in FY 2022). Revenue: ج.م8.67b (up 52% from FY 2022). Net income: ج.م1.25b (up 130% from FY 2022). Profit margin: 14% (up from 9.5% 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 96% per year but the company’s share price has only increased by 74% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ج.م2.61, the stock trades at a trailing P/E ratio of 25.4x. Average trailing P/E is 8x in the Electrical industry in Africa. Total returns to shareholders of 399% over the past three years. Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 38% After last week's 38% share price gain to ج.م2.55, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 7x in the Electrical industry in Africa. Total returns to shareholders of 295% over the past three years. New Risk • Jan 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Egyptian stocks, typically moving 9.3% 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 Risk High level of non-cash earnings (62% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Shareholders have been diluted in the past year (9.3% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ج.م1.63, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 7x in the Electrical industry in Africa. Total returns to shareholders of 190% over the past three years. New Risk • Dec 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. High level of non-cash earnings (31% accrual ratio). Minor Risk Shareholders have been diluted in the past year (9.3% increase in shares outstanding). Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ج.م1.07, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 9x in the Electrical industry in Africa. Total returns to shareholders of 162% over the past three years. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: ج.م0.03 (vs ج.م0.028 in 2Q 2021) Second quarter 2022 results: EPS: ج.م0.03 (up from ج.م0.028 in 2Q 2021). Revenue: ج.م1.24b (up 77% from 2Q 2021). Net income: ج.م119.0m (up 20% from 2Q 2021). Profit margin: 9.6% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. New Risk • Aug 17
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (32% accrual ratio). Minor Risk Market cap is less than US$100m (ج.م1.99b market cap, or US$64.3m). 공시 • Dec 24
Gadwa for Industrial Development (CASE:GDWA) acquired an additional 3.09% stake in Electro Cable Egypt (CASE:ELEC) for EGP 52.25 million. Gadwa for Industrial Development (CASE:GDWA) acquired an additional 3.09% stake in Electro Cable Egypt (CASE:ELEC) for EGP 52.25 million on December 23, 2022.
Gadwa for Industrial Development (CASE:GDWA) completed the acquisition of an additional 3.09% stake in Electro Cable Egypt (CASE:ELEC) on December 23, 2022. 공시 • Dec 21
Semou consulting acquired 3.01% stake in Electro Cable Egypt (CASE:ELEC) from Flourish for Investment for EGP50.9 million. Semou consulting acquired 3.01% stake in Electro Cable Egypt (CASE:ELEC) from Flourish for Investment for EGP50.9 million on December 19, 2022.Semou consulting completed the acquisition of 3.01% stake in Electro Cable Egypt (CASE:ELEC) from Flourish for Investment for EGP50.9 million on December 19, 2022. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (11 non-independent directors). Chairman & MD Mohamed El-Deen was the last director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (11 non-independent directors). Chairman & MD Mohamed El-Deen was the last director to join the board, commencing their role in 2015. 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 • Mar 05
Full year 2020 earnings released: EPS ج.م0.038 (vs ج.م0.047 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ج.م1.74b (down 14% from FY 2019). Net income: ج.م133.5m (down 20% from FY 2019). Profit margin: 7.7% (down from 8.2% in FY 2019). Is New 90 Day High Low • Jan 30
New 90-day high: ج.م0.69 The company is up 76% from its price of ج.م0.39 on 01 November 2020. The Egyptian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 34% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: ج.م0.69 The company is up 91% from its price of ج.م0.36 on 28 October 2020. The Egyptian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 32% over the same period. Is New 90 Day High Low • Jan 19
New 90-day high: ج.م3.14 The company is up 70% from its price of ج.م1.84 on 21 October 2020. The Egyptian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 26% over the same period. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 16% share price gain to ج.م3.14, the stock is trading at a trailing P/E ratio of 14.1x, up from the previous P/E ratio of 12.1x. This compares to an average P/E of 12x in the Electrical industry in Africa. Total returns to shareholders over the past three years are 241%. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 16% share price gain to ج.م2.74, the stock is trading at a trailing P/E ratio of 12.3x, up from the previous P/E ratio of 10.6x. This compares to an average P/E of 11x in the Electrical industry in Africa. Total returns to shareholders over the past three years are 201%. Is New 90 Day High Low • Dec 30
New 90-day high: ج.م2.74 The company is up 26% from its price of ج.م2.18 on 01 October 2020. The Egyptian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Electrical industry, which is also up 26% over the same period. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 16% share price gain to ج.م2.53, the stock is trading at a trailing P/E ratio of 11.3x, up from the previous P/E ratio of 9.8x. This compares to an average P/E of 11x in the Electrical industry in Africa. Total returns to shareholders over the past three years are 191%. Is New 90 Day High Low • Nov 24
New 90-day high: ج.م2.31 The company is up 56% from its price of ج.م1.48 on 26 August 2020. The Egyptian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 10.0% over the same period. Valuation Update With 7 Day Price Move • Nov 01
Market bids up stock over the past week After last week's 15% share price gain to ج.م1.96, the stock is trading at a trailing P/E ratio of 8.3x, up from the previous P/E ratio of 7.2x. This compares to an average P/E of 9x in the Electrical industry in Africa. Total returns to shareholders over the past three years are 102%. 공시 • Jul 31
Semou consulting acquired an additional stake in Electro Cable Egypt (CASE:ELEC) for EGP 49.2 million. Semou consulting acquired an additional stake in Electro Cable Egypt (CASE:ELEC) for EGP 49.2 million on April 13, 2020. Semou consulting acquired 37 million shares and now holds 7.59% stake in Electro Cable Egypt.
Semou consulting completed the acquisition of an additional stake in Electro Cable Egypt (CASE:ELEC) on April 13, 2020. 공시 • Jun 19
Pioneers Holding Co. (CASE:PIOH) completed the acquisition of an additional 19.4% stake in Electro Cable Egypt (CASE:ELEC). Pioneers Holding Co. (CASE:PIOH) made an offer to acquire an additional 19.4% stake in Electro Cable Egypt (CASE:ELEC) on May 10, 2020. Transaction will occur via a share swap. In related transactions, Pioneers Holding Co. made offers to acquire 9.42% stake in Cairo for Housing & Development, 50.25% stake in United Co for Housing & Development, 51.14% stake in National Upper Egypt Contracting & Building Works and 41.56% stake of Giza General – Contracting and Real Estate Investment.
Pioneers Holding Co. (CASE:PIOH) completed the acquisition of an additional 19.4% stake in Electro Cable Egypt (CASE:ELEC) on June 18, 2020.