공시 • Oct 14
Middle & West Delta Flour Mills announces Annual dividend, payable on October 29, 2025 Middle & West Delta Flour Mills announced Annual dividend of EGP 36.0000 per share payable on October 29, 2025, ex-date on October 27, 2025 and record date on October 28, 2025. 공시 • Aug 27
Middle & West Delta Flour Mills, Annual General Meeting, Sep 28, 2025 Middle & West Delta Flour Mills, Annual General Meeting, Sep 28, 2025, at 15:00 Egypt Standard Time. Location: cairo 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. 5 experienced directors. No highly experienced directors. No independent directors (5 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. Buy Or Sell Opportunity • Oct 30
Now 20% undervalued Over the last 90 days, the stock has risen 7.4% to ج.م270. The fair value is estimated to be ج.م339, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 30%. Reported Earnings • Oct 12
Full year 2024 earnings released: EPS: ج.م55.37 (vs ج.م36.24 in FY 2023) Full year 2024 results: EPS: ج.م55.37 (up from ج.م36.24 in FY 2023). Revenue: ج.م2.43b (up 30% from FY 2023). Net income: ج.م415.3m (up 53% from FY 2023). Profit margin: 17% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. 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. Declared Dividend • Oct 06
Dividend increased to ج.م36.00 Dividend of ج.م36.00 is 80% higher than last year. Ex-date: 22nd October 2024 Payment date: 24th October 2024 Dividend yield will be 12%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but not covered by cash flows (150% cash payout ratio). The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 16% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공시 • Aug 19
Middle & West Delta Flour Mills, Annual General Meeting, Sep 22, 2024 Middle & West Delta Flour Mills, Annual General Meeting, Sep 22, 2024, at 15:00 Egypt Standard Time. Location: cairo Egypt Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ج.م275, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 10x in the Food industry in Egypt. Total returns to shareholders of 347% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ج.م231, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 13x in the Food industry in Egypt. Total returns to shareholders of 261% over the past three years. Reported Earnings • Jan 31
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ج.م573.6m (up 30% from 2Q 2023). Net income: ج.م106.6m (up 188% from 2Q 2023). Profit margin: 19% (up from 8.4% in 2Q 2023). The increase in margin was driven by higher revenue. Upcoming Dividend • Oct 23
Upcoming dividend of ج.م20.00 per share at 6.0% yield Eligible shareholders must have bought the stock before 30 October 2023. Payment date: 01 November 2023. Trailing yield: 6.0%. Lower than top quartile of Egyptian dividend payers (7.4%). Higher than average of industry peers (3.6%). New Risk • Oct 01
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (ج.م1.22b market cap, or US$39.6m). Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 20% share price gain to ج.م162, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 11x in the Food industry in Egypt. Total returns to shareholders of 124% over the past three years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improved over the past week After last week's 20% share price gain to ج.م122, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 11x in the Food industry in Egypt. Total returns to shareholders of 83% over the past three years. 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. 5 experienced directors. No highly experienced directors. No independent directors (5 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 • Nov 07
Upcoming dividend of ج.م15.00 per share Eligible shareholders must have bought the stock before 14 November 2022. Payment date: 16 November 2022. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 13%. Within top quartile of Egyptian dividend payers (10.0%). Higher than average of industry peers (5.4%). 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. 5 experienced directors. No highly experienced directors. No independent directors (5 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 • Nov 23
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ج.م90.29, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 11x in the Food industry in Egypt. Total loss to shareholders of 18% over the past three years. Upcoming Dividend • Nov 15
Upcoming dividend of ج.م13.00 per share Eligible shareholders must have bought the stock before 22 November 2021. Payment date: 24 November 2021. Trailing yield: 13%. Within top quartile of Egyptian dividend payers (7.8%). Higher than average of industry peers (4.4%). Is New 90 Day High Low • Dec 17
New 90-day low: ج.م91.16 The company is down 11% from its price of ج.م102 on 17 September 2020. The Egyptian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is down 2.0% over the same period. Is New 90 Day High Low • Nov 30
New 90-day low: ج.م91.61 The company is down 2.0% from its price of ج.م93.90 on 01 September 2020. The Egyptian market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Food industry, which is down 1.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day high: ج.م105 The company is up 15% from its price of ج.م91.23 on 30 June 2020. The Egyptian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 2.0% over the same period.