View ValuationArabian Cement CompanyE 향후 성장Future 기준 점검 1/6Arabian Cement CompanyE 의 수익은 연간 6.3% 감소할 것으로 예상되는 반면, 연간 수익은 2.6% 로 증가할 것으로 예상됩니다. EPS는 연간 6.4% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 55.5% 로 예상됩니다.핵심 정보-6.3%이익 성장률-6.37%EPS 성장률Basic Materials 이익 성장9.8%매출 성장률2.6%향후 자기자본이익률55.50%애널리스트 커버리지Low마지막 업데이트11 Mar 2026최근 향후 성장 업데이트Price Target Changed • Jun 01Price target increased by 13% to ج.م13.35Up from ج.م11.77, the current price target is an average from 4 analysts. New target price is 34% above last closing price of ج.م9.96. Stock is up 25% over the past year. The company is forecast to post earnings per share of ج.م1.50 for next year compared to ج.م1.81 last year.Price Target Changed • Feb 12Price target increased by 9.6% to ج.م12.90Up from ج.م11.77, the current price target is an average from 4 analysts. New target price is 25% above last closing price of ج.م10.29. Stock is up 54% over the past year. The company is forecast to post earnings per share of ج.م1.94 for next year compared to ج.م0.93 last year.Major Estimate Revision • Dec 07Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ج.م1.74 to ج.م1.94. Revenue forecast steady at ج.م6.40b. Net income forecast to grow 8.4% next year vs 22% growth forecast for Basic Materials industry in Egypt. Consensus price target up from ج.م11.77 to ج.م12.38. Share price was steady at ج.م9.58 over the past week.Major Estimate Revision • Sep 02Consensus EPS estimates fall by 10%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ج.م6.37b to ج.م6.54b. EPS estimate fell from ج.م1.87 to ج.م1.67 per share. Net income forecast to grow 21% next year vs 21% growth forecast for Basic Materials industry in Egypt. Consensus price target of ج.م11.45 unchanged from last update. Share price was steady at ج.م7.32 over the past week.Price Target Changed • Jul 12Price target increased by 8.3% to ج.م10.48Up from ج.م9.68, the current price target is an average from 3 analysts. New target price is 33% above last closing price of ج.م7.88. Stock is up 140% over the past year. The company is forecast to post earnings per share of ج.م1.74 for next year compared to ج.م0.93 last year.Price Target Changed • Nov 16Price target decreased to ج.م7.90Down from ج.م11.20, the current price target is provided by 1 analyst. New target price is 47% above last closing price of ج.م5.39. Stock is up 38% over the past year. The company is forecast to post earnings per share of ج.م1.01 for next year compared to ج.م0.072 last year.모든 업데이트 보기Recent updates공지 • Mar 02Arabian Cement Company S.A.E., Annual General Meeting, Mar 25, 2026Arabian Cement Company S.A.E., Annual General Meeting, Mar 25, 2026, at 15:00 Egypt Standard Time. Location: suez Egypt공지 • Dec 09Arabian Cement Company S.A.E. announces Annual dividend, payable on December 24, 2025Arabian Cement Company S.A.E. announced Annual dividend of EGP 2.9400 per share payable on December 24, 2025, ex-date on December 22, 2025 and record date on December 23, 2025.Board Change • May 14Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Member Pakinam Kafafi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Mar 28Arabian Cement Company S.A.E., Annual General Meeting, Apr 29, 2025Arabian Cement Company S.A.E., Annual General Meeting, Apr 29, 2025, at 15:00 Egypt Standard Time. Location: cairo EgyptBuy Or Sell Opportunity • Oct 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to ج.م15.39. The fair value is estimated to be ج.م12.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م13.63, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Basic Materials industry in Africa. Total returns to shareholders of 348% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م12.68 per share.Buy Or Sell Opportunity • Aug 27Now 21% undervaluedOver the last 90 days, the stock has risen 7.6% to ج.م11.31. The fair value is estimated to be ج.م14.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م11.30, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 143% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م14.39 per share.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ج.م0.50 (vs ج.م0.24 in 2Q 2023)Second quarter 2024 results: EPS: ج.م0.50 (up from ج.م0.24 in 2Q 2023). Revenue: ج.م2.01b (up 36% from 2Q 2023). Net income: ج.م193.9m (up 109% from 2Q 2023). Profit margin: 9.7% (up from 6.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jul 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to ج.م10.21. The fair value is estimated to be ج.م12.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.Price Target Changed • Jun 01Price target increased by 13% to ج.م13.35Up from ج.م11.77, the current price target is an average from 4 analysts. New target price is 34% above last closing price of ج.م9.96. Stock is up 25% over the past year. The company is forecast to post earnings per share of ج.م1.50 for next year compared to ج.م1.81 last year.Reported Earnings • May 30First quarter 2024 earnings released: EPS: ج.م0.39 (vs ج.م0.63 in 1Q 2023)First quarter 2024 results: EPS: ج.م0.39 (down from ج.م0.63 in 1Q 2023). Revenue: ج.م1.94b (up 13% from 1Q 2023). Net income: ج.م152.6m (down 36% from 1Q 2023). Profit margin: 7.9% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • May 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.7% to ج.م10.70. The fair value is estimated to be ج.م8.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 4.4% per annum over the same time period.Valuation Update With 7 Day Price Move • May 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ج.م11.12, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Basic Materials industry in Africa. Total returns to shareholders of 269% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م9.00 per share.New Risk • Apr 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Egyptian stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Market cap is less than US$100m (ج.م4.49b market cap, or US$93.7m).New Risk • Mar 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ج.م4.91b (US$99.5m) 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: Minor Risks 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 (10% average weekly change). Market cap is less than US$100m (ج.م4.91b market cap, or US$99.5m).New Risk • Mar 07New 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 10% 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 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 (10% average weekly change).Reported Earnings • Mar 04Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ج.م1.81 (up from ج.م0.93 in FY 2022). Revenue: ج.م6.04b (up 29% from FY 2022). Net income: ج.م697.5m (up 98% from FY 2022). Profit margin: 12% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ج.م12.71, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 353% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م6.12 per share.Price Target Changed • Feb 12Price target increased by 9.6% to ج.م12.90Up from ج.م11.77, the current price target is an average from 4 analysts. New target price is 25% above last closing price of ج.م10.29. Stock is up 54% over the past year. The company is forecast to post earnings per share of ج.م1.94 for next year compared to ج.م0.93 last year.Upcoming Dividend • Jan 02Upcoming dividend of ج.م0.26 per share at 12% yieldEligible shareholders must have bought the stock before 09 January 2024. Payment date: 11 January 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 12%. Within top quartile of Egyptian dividend payers (7.6%). Higher than average of industry peers (4.6%).Major Estimate Revision • Dec 07Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ج.م1.74 to ج.م1.94. Revenue forecast steady at ج.م6.40b. Net income forecast to grow 8.4% next year vs 22% growth forecast for Basic Materials industry in Egypt. Consensus price target up from ج.م11.77 to ج.م12.38. Share price was steady at ج.م9.58 over the past week.Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: ج.م0.42 (vs ج.م0.37 in 3Q 2022)Third quarter 2023 results: EPS: ج.م0.42 (up from ج.م0.37 in 3Q 2022). Revenue: ج.م1.42b (up 8.8% from 3Q 2022). Net income: ج.م163.2m (up 16% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.New Risk • Oct 25New 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 7.6% 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 Dividend is not well covered by cash flows (90% cash payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change).Valuation Update With 7 Day Price Move • Oct 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ج.م9.36, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Basic Materials industry in Africa. Total returns to shareholders of 237% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م10.72 per share.Major Estimate Revision • Sep 02Consensus EPS estimates fall by 10%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ج.م6.37b to ج.م6.54b. EPS estimate fell from ج.م1.87 to ج.م1.67 per share. Net income forecast to grow 21% next year vs 21% growth forecast for Basic Materials industry in Egypt. Consensus price target of ج.م11.45 unchanged from last update. Share price was steady at ج.م7.32 over the past week.Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ج.م0.24 (vs ج.م0.16 in 2Q 2022)Second quarter 2023 results: EPS: ج.م0.24 (up from ج.م0.16 in 2Q 2022). Revenue: ج.م1.47b (up 38% from 2Q 2022). Net income: ج.م95.3m (up 62% from 2Q 2022). Profit margin: 6.5% (up from 5.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jul 12Price target increased by 8.3% to ج.م10.48Up from ج.م9.68, the current price target is an average from 3 analysts. New target price is 33% above last closing price of ج.م7.88. Stock is up 140% over the past year. The company is forecast to post earnings per share of ج.م1.74 for next year compared to ج.م0.93 last year.Reported Earnings • Jun 03First quarter 2023 earnings released: EPS: ج.م0.63 (vs ج.م0.15 in 1Q 2022)First quarter 2023 results: EPS: ج.م0.63 (up from ج.م0.15 in 1Q 2022). Revenue: ج.م1.71b (up 61% from 1Q 2022). Net income: ج.م241.8m (up 323% from 1Q 2022). Profit margin: 14% (up from 5.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ج.م7.61, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Basic Materials industry in Africa. Total returns to shareholders of 160% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م11.90 per share.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ج.م8.07, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 172% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م11.81 per share.Reported Earnings • Feb 26Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: ج.م0.93 (up from ج.م0.072 in FY 2021). Revenue: ج.م4.68b (up 91% from FY 2021). Net income: ج.م359.0m (up ج.م331.7m from FY 2021). Profit margin: 7.7% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ج.م6.44, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Basic Materials industry in Africa. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م10.11 per share.Upcoming Dividend • Jan 03Upcoming dividend of ج.م0.66 per shareEligible shareholders must have bought the stock before 10 January 2023. Payment date: 12 January 2023. The company last paid an ordinary dividend in June 2014. The average dividend yield among industry peers is 5.7%.Reported Earnings • Nov 27Third quarter 2022 earnings released: EPS: ج.م0.37 (vs ج.م0.004 loss in 3Q 2021)Third quarter 2022 results: EPS: ج.م0.37 (up from ج.م0.004 loss in 3Q 2021). Revenue: ج.م1.30b (up 92% from 3Q 2021). Net income: ج.م142.8m (up ج.م144.4m from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 16Price target decreased to ج.م7.90Down from ج.م11.20, the current price target is provided by 1 analyst. New target price is 47% above last closing price of ج.م5.39. Stock is up 38% over the past year. The company is forecast to post earnings per share of ج.م1.01 for next year compared to ج.م0.072 last year.Board Change • Nov 16No 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. Vice Chairman of the Board Elena Bertolin was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ج.م5.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Basic Materials industry in Africa. Total returns to shareholders of 72% over the past three years.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to ج.م3.80, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Basic Materials industry in Africa. Total returns to shareholders of 41% over the past three years.Price Target Changed • Jul 12Price target increased to ج.م11.20Up from ج.م10.23, the current price target is an average from 2 analysts. New target price is 240% above last closing price of ج.م3.29. Stock is down 34% over the past year. The company is forecast to post earnings per share of ج.م0.65 for next year compared to ج.م0.072 last year.Reported Earnings • May 26First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ج.م0.15 (up from ج.م0.021 loss in 1Q 2021). Revenue: ج.م1.06b (up 145% from 1Q 2021). Net income: ج.م57.2m (up ج.م65.3m from 1Q 2021). Profit margin: 5.4% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 75%. Over the next year, revenue is forecast to grow 9.4%, compared to a 5.3% growth forecast for the industry in Egypt. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ج.م3.30, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Basic Materials industry in Africa. Total loss to shareholders of 6.3% over the past three years.Board Change • Apr 27No 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. Director Elena Bertolin was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 02Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ج.م0.07 (up from ج.م0.34 loss in FY 2020). Revenue: ج.م2.45b (down 1.3% from FY 2020). Net income: ج.م34.2m (up ج.م164.1m from FY 2020). Profit margin: 1.4% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 30%. Over the next year, revenue is forecast to grow 35%, compared to a 9.6% growth forecast for the industry in Egypt. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Price Target Changed • Jul 08Price target increased to ج.م7.25Up from ج.م4.75, the current price target is an average from 3 analysts. New target price is 43% above last closing price of ج.م5.06. Stock is up 53% over the past year.Reported Earnings • May 16First quarter 2021 earnings released: ج.م0.02 loss per share (vs ج.م0.037 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: ج.م432.4m (down 39% from 1Q 2020). Net loss: ج.م6.33m (down 145% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 04Full year 2020 earnings released: ج.م0.34 loss per share (vs ج.م0.058 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ج.م2.48b (down 20% from FY 2019). Net loss: ج.م122.8m (down ج.م144.6m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 48%. Over the next year, revenue is forecast to grow 8.6% compared to a 1.9% decline forecast for the Basic Materials industry in Egypt.Is New 90 Day High Low • Mar 03New 90-day low: ج.م3.05The company is down 11% from its price of ج.م3.42 on 03 December 2020. The Egyptian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed 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.م5.96 per share.Price Target Changed • Feb 10Price target raised to ج.م5.41Up from ج.م4.75, the current price target is an average from 4 analysts. The new target price is 57% above the current share price of ج.م3.45. As of last close, the stock is down 6.0% over the past year.Is New 90 Day High Low • Jan 12New 90-day high: ج.م3.54The company is up 3.0% from its price of ج.م3.45 on 14 October 2020. The Egyptian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م6.19 per share.Price Target Changed • Nov 04Price target lowered to ج.م5.00Down from ج.م5.45, the current price target is an average from 5 analysts. The new target price is 70% above the current share price of ج.م2.94. As of last close, the stock is down 26% over the past year.Is New 90 Day High Low • Oct 22New 90-day low: ج.م2.97The company is down 5.0% from its price of ج.م3.13 on 22 July 2020. The Egyptian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م4.81 per share.이익 및 매출 성장 예측CASE:ARCC - 애널리스트 향후 추정치 및 과거 재무 데이터 (EGP Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202813,1433,1833,1873,746212/31/202712,7603,3383,1823,482312/31/202612,7314,0923,0884,448312/31/202512,4473,5813,0223,818N/A9/30/202511,1453,0032,2433,366N/A6/30/202510,2842,2051,8382,839N/A3/31/20259,3461,5838701,811N/A12/31/20248,7301,1455001,412N/A9/30/20247,827848451628N/A6/30/20246,804695327438N/A3/31/20246,271597745816N/A12/31/20236,043687583641N/A9/30/20235,844587892936N/A6/30/20235,730568555597N/A3/31/20235,324534364401N/A12/31/20224,675352688716N/A9/30/20224,239313256289N/A6/30/20223,613170488511N/A3/31/20223,07793634653N/A12/31/20212,44927274293N/A9/30/20212,199-11399104N/A6/30/20212,122-1488285N/A3/31/20212,211-152-130-126N/A12/31/20202,481-130-204-198N/A9/30/20202,682-51-56-48N/A6/30/20202,825-10170188N/A3/31/20202,97632386412N/A12/31/20193,10222517559N/A9/30/20193,17039N/A424N/A6/30/20193,23335N/A355N/A3/31/20193,18970N/A290N/A12/31/20183,275226N/A551N/A9/30/20183,194261N/A818N/A6/30/20183,061353N/A745N/A3/31/20182,874311N/A702N/A12/31/20172,647209N/A403N/A9/30/20172,594249N/A214N/A6/30/20172,451168N/A252N/A3/31/20172,484266N/A295N/A12/31/20162,350241N/A298N/A9/30/20162,192185N/A426N/A6/30/20162,239292N/A604N/A3/31/20162,219249N/A543N/A12/31/20152,257273N/A633N/A9/30/20152,439414N/A683N/A6/30/20152,509386N/A567N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: ARCC 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -6.3%).수익 vs 시장: ARCC 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -6.3%).고성장 수익: ARCC 의 수익은 향후 3년간 감소할 것으로 예상됩니다.수익 대 시장: ARCC 의 수익(연간 2.6%)이 EG 시장(연간 10.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: ARCC 의 수익(연간 2.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: ARCC의 자본 수익률은 3년 후 55.5%로 매우 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 00:14종가2026/05/06 00:00수익2025/12/31연간 수익2025/12/31데이터 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 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Arabian Cement Company S.A.E.는 6명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jaap MeijerArqaam Capital Research Offshore S.A.L.Dareen El ArousyBeltone FinancialAhmed SolimanCI Capital Research3명의 분석가 더 보기
Price Target Changed • Jun 01Price target increased by 13% to ج.م13.35Up from ج.م11.77, the current price target is an average from 4 analysts. New target price is 34% above last closing price of ج.م9.96. Stock is up 25% over the past year. The company is forecast to post earnings per share of ج.م1.50 for next year compared to ج.م1.81 last year.
Price Target Changed • Feb 12Price target increased by 9.6% to ج.م12.90Up from ج.م11.77, the current price target is an average from 4 analysts. New target price is 25% above last closing price of ج.م10.29. Stock is up 54% over the past year. The company is forecast to post earnings per share of ج.م1.94 for next year compared to ج.م0.93 last year.
Major Estimate Revision • Dec 07Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ج.م1.74 to ج.م1.94. Revenue forecast steady at ج.م6.40b. Net income forecast to grow 8.4% next year vs 22% growth forecast for Basic Materials industry in Egypt. Consensus price target up from ج.م11.77 to ج.م12.38. Share price was steady at ج.م9.58 over the past week.
Major Estimate Revision • Sep 02Consensus EPS estimates fall by 10%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ج.م6.37b to ج.م6.54b. EPS estimate fell from ج.م1.87 to ج.م1.67 per share. Net income forecast to grow 21% next year vs 21% growth forecast for Basic Materials industry in Egypt. Consensus price target of ج.م11.45 unchanged from last update. Share price was steady at ج.م7.32 over the past week.
Price Target Changed • Jul 12Price target increased by 8.3% to ج.م10.48Up from ج.م9.68, the current price target is an average from 3 analysts. New target price is 33% above last closing price of ج.م7.88. Stock is up 140% over the past year. The company is forecast to post earnings per share of ج.م1.74 for next year compared to ج.م0.93 last year.
Price Target Changed • Nov 16Price target decreased to ج.م7.90Down from ج.م11.20, the current price target is provided by 1 analyst. New target price is 47% above last closing price of ج.م5.39. Stock is up 38% over the past year. The company is forecast to post earnings per share of ج.م1.01 for next year compared to ج.م0.072 last year.
공지 • Mar 02Arabian Cement Company S.A.E., Annual General Meeting, Mar 25, 2026Arabian Cement Company S.A.E., Annual General Meeting, Mar 25, 2026, at 15:00 Egypt Standard Time. Location: suez Egypt
공지 • Dec 09Arabian Cement Company S.A.E. announces Annual dividend, payable on December 24, 2025Arabian Cement Company S.A.E. announced Annual dividend of EGP 2.9400 per share payable on December 24, 2025, ex-date on December 22, 2025 and record date on December 23, 2025.
Board Change • May 14Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Member Pakinam Kafafi was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Mar 28Arabian Cement Company S.A.E., Annual General Meeting, Apr 29, 2025Arabian Cement Company S.A.E., Annual General Meeting, Apr 29, 2025, at 15:00 Egypt Standard Time. Location: cairo Egypt
Buy Or Sell Opportunity • Oct 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 48% to ج.م15.39. The fair value is estimated to be ج.م12.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م13.63, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Basic Materials industry in Africa. Total returns to shareholders of 348% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م12.68 per share.
Buy Or Sell Opportunity • Aug 27Now 21% undervaluedOver the last 90 days, the stock has risen 7.6% to ج.م11.31. The fair value is estimated to be ج.م14.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.7% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ج.م11.30, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 143% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م14.39 per share.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: ج.م0.50 (vs ج.م0.24 in 2Q 2023)Second quarter 2024 results: EPS: ج.م0.50 (up from ج.م0.24 in 2Q 2023). Revenue: ج.م2.01b (up 36% from 2Q 2023). Net income: ج.م193.9m (up 109% from 2Q 2023). Profit margin: 9.7% (up from 6.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jul 28Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to ج.م10.21. The fair value is estimated to be ج.م12.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
Price Target Changed • Jun 01Price target increased by 13% to ج.م13.35Up from ج.م11.77, the current price target is an average from 4 analysts. New target price is 34% above last closing price of ج.م9.96. Stock is up 25% over the past year. The company is forecast to post earnings per share of ج.م1.50 for next year compared to ج.م1.81 last year.
Reported Earnings • May 30First quarter 2024 earnings released: EPS: ج.م0.39 (vs ج.م0.63 in 1Q 2023)First quarter 2024 results: EPS: ج.م0.39 (down from ج.م0.63 in 1Q 2023). Revenue: ج.م1.94b (up 13% from 1Q 2023). Net income: ج.م152.6m (down 36% from 1Q 2023). Profit margin: 7.9% (down from 14% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • May 21Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.7% to ج.م10.70. The fair value is estimated to be ج.م8.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 4.4% per annum over the same time period.
Valuation Update With 7 Day Price Move • May 01Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to ج.م11.12, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Basic Materials industry in Africa. Total returns to shareholders of 269% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م9.00 per share.
New Risk • Apr 28New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Egyptian stocks, typically moving 13% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risk Market cap is less than US$100m (ج.م4.49b market cap, or US$93.7m).
New Risk • Mar 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ج.م4.91b (US$99.5m) 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: Minor Risks 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 (10% average weekly change). Market cap is less than US$100m (ج.م4.91b market cap, or US$99.5m).
New Risk • Mar 07New 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 10% 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 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 (10% average weekly change).
Reported Earnings • Mar 04Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: ج.م1.81 (up from ج.م0.93 in FY 2022). Revenue: ج.م6.04b (up 29% from FY 2022). Net income: ج.م697.5m (up 98% from FY 2022). Profit margin: 12% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to ج.م12.71, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 353% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م6.12 per share.
Price Target Changed • Feb 12Price target increased by 9.6% to ج.م12.90Up from ج.م11.77, the current price target is an average from 4 analysts. New target price is 25% above last closing price of ج.م10.29. Stock is up 54% over the past year. The company is forecast to post earnings per share of ج.م1.94 for next year compared to ج.م0.93 last year.
Upcoming Dividend • Jan 02Upcoming dividend of ج.م0.26 per share at 12% yieldEligible shareholders must have bought the stock before 09 January 2024. Payment date: 11 January 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 12%. Within top quartile of Egyptian dividend payers (7.6%). Higher than average of industry peers (4.6%).
Major Estimate Revision • Dec 07Consensus EPS estimates increase by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from ج.م1.74 to ج.م1.94. Revenue forecast steady at ج.م6.40b. Net income forecast to grow 8.4% next year vs 22% growth forecast for Basic Materials industry in Egypt. Consensus price target up from ج.م11.77 to ج.م12.38. Share price was steady at ج.م9.58 over the past week.
Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: ج.م0.42 (vs ج.م0.37 in 3Q 2022)Third quarter 2023 results: EPS: ج.م0.42 (up from ج.م0.37 in 3Q 2022). Revenue: ج.م1.42b (up 8.8% from 3Q 2022). Net income: ج.م163.2m (up 16% from 3Q 2022). Profit margin: 12% (in line with 3Q 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
New Risk • Oct 25New 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 7.6% 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 Dividend is not well covered by cash flows (90% cash payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change).
Valuation Update With 7 Day Price Move • Oct 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ج.م9.36, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Basic Materials industry in Africa. Total returns to shareholders of 237% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م10.72 per share.
Major Estimate Revision • Sep 02Consensus EPS estimates fall by 10%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from ج.م6.37b to ج.م6.54b. EPS estimate fell from ج.م1.87 to ج.م1.67 per share. Net income forecast to grow 21% next year vs 21% growth forecast for Basic Materials industry in Egypt. Consensus price target of ج.م11.45 unchanged from last update. Share price was steady at ج.م7.32 over the past week.
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: ج.م0.24 (vs ج.م0.16 in 2Q 2022)Second quarter 2023 results: EPS: ج.م0.24 (up from ج.م0.16 in 2Q 2022). Revenue: ج.م1.47b (up 38% from 2Q 2022). Net income: ج.م95.3m (up 62% from 2Q 2022). Profit margin: 6.5% (up from 5.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jul 12Price target increased by 8.3% to ج.م10.48Up from ج.م9.68, the current price target is an average from 3 analysts. New target price is 33% above last closing price of ج.م7.88. Stock is up 140% over the past year. The company is forecast to post earnings per share of ج.م1.74 for next year compared to ج.م0.93 last year.
Reported Earnings • Jun 03First quarter 2023 earnings released: EPS: ج.م0.63 (vs ج.م0.15 in 1Q 2022)First quarter 2023 results: EPS: ج.م0.63 (up from ج.م0.15 in 1Q 2022). Revenue: ج.م1.71b (up 61% from 1Q 2022). Net income: ج.م241.8m (up 323% from 1Q 2022). Profit margin: 14% (up from 5.4% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ج.م7.61, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Basic Materials industry in Africa. Total returns to shareholders of 160% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م11.90 per share.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ج.م8.07, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 13x in the Basic Materials industry in Africa. Total returns to shareholders of 172% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م11.81 per share.
Reported Earnings • Feb 26Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: ج.م0.93 (up from ج.م0.072 in FY 2021). Revenue: ج.م4.68b (up 91% from FY 2021). Net income: ج.م359.0m (up ج.م331.7m from FY 2021). Profit margin: 7.7% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to ج.م6.44, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Basic Materials industry in Africa. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ج.م10.11 per share.
Upcoming Dividend • Jan 03Upcoming dividend of ج.م0.66 per shareEligible shareholders must have bought the stock before 10 January 2023. Payment date: 12 January 2023. The company last paid an ordinary dividend in June 2014. The average dividend yield among industry peers is 5.7%.
Reported Earnings • Nov 27Third quarter 2022 earnings released: EPS: ج.م0.37 (vs ج.م0.004 loss in 3Q 2021)Third quarter 2022 results: EPS: ج.م0.37 (up from ج.م0.004 loss in 3Q 2021). Revenue: ج.م1.30b (up 92% from 3Q 2021). Net income: ج.م142.8m (up ج.م144.4m from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 16Price target decreased to ج.م7.90Down from ج.م11.20, the current price target is provided by 1 analyst. New target price is 47% above last closing price of ج.م5.39. Stock is up 38% over the past year. The company is forecast to post earnings per share of ج.م1.01 for next year compared to ج.م0.072 last year.
Board Change • Nov 16No 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. Vice Chairman of the Board Elena Bertolin was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ج.م5.00, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Basic Materials industry in Africa. Total returns to shareholders of 72% over the past three years.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to ج.م3.80, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 14x in the Basic Materials industry in Africa. Total returns to shareholders of 41% over the past three years.
Price Target Changed • Jul 12Price target increased to ج.م11.20Up from ج.م10.23, the current price target is an average from 2 analysts. New target price is 240% above last closing price of ج.م3.29. Stock is down 34% over the past year. The company is forecast to post earnings per share of ج.م0.65 for next year compared to ج.م0.072 last year.
Reported Earnings • May 26First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: ج.م0.15 (up from ج.م0.021 loss in 1Q 2021). Revenue: ج.م1.06b (up 145% from 1Q 2021). Net income: ج.م57.2m (up ج.م65.3m from 1Q 2021). Profit margin: 5.4% (up from net loss in 1Q 2021). Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) also surpassed analyst estimates by 75%. Over the next year, revenue is forecast to grow 9.4%, compared to a 5.3% growth forecast for the industry in Egypt. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 25Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ج.م3.30, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 12x in the Basic Materials industry in Africa. Total loss to shareholders of 6.3% over the past three years.
Board Change • Apr 27No 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. Director Elena Bertolin was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 02Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: ج.م0.07 (up from ج.م0.34 loss in FY 2020). Revenue: ج.م2.45b (down 1.3% from FY 2020). Net income: ج.م34.2m (up ج.م164.1m from FY 2020). Profit margin: 1.4% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 3.6%. Earnings per share (EPS) missed analyst estimates by 30%. Over the next year, revenue is forecast to grow 35%, compared to a 9.6% growth forecast for the industry in Egypt. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Price Target Changed • Jul 08Price target increased to ج.م7.25Up from ج.م4.75, the current price target is an average from 3 analysts. New target price is 43% above last closing price of ج.م5.06. Stock is up 53% over the past year.
Reported Earnings • May 16First quarter 2021 earnings released: ج.م0.02 loss per share (vs ج.م0.037 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: ج.م432.4m (down 39% from 1Q 2020). Net loss: ج.م6.33m (down 145% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 04Full year 2020 earnings released: ج.م0.34 loss per share (vs ج.م0.058 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: ج.م2.48b (down 20% from FY 2019). Net loss: ج.م122.8m (down ج.م144.6m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
Analyst Estimate Surprise Post Earnings • Mar 04Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) also surpassed analyst estimates by 48%. Over the next year, revenue is forecast to grow 8.6% compared to a 1.9% decline forecast for the Basic Materials industry in Egypt.
Is New 90 Day High Low • Mar 03New 90-day low: ج.م3.05The company is down 11% from its price of ج.م3.42 on 03 December 2020. The Egyptian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed 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.م5.96 per share.
Price Target Changed • Feb 10Price target raised to ج.م5.41Up from ج.م4.75, the current price target is an average from 4 analysts. The new target price is 57% above the current share price of ج.م3.45. As of last close, the stock is down 6.0% over the past year.
Is New 90 Day High Low • Jan 12New 90-day high: ج.م3.54The company is up 3.0% from its price of ج.م3.45 on 14 October 2020. The Egyptian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م6.19 per share.
Price Target Changed • Nov 04Price target lowered to ج.م5.00Down from ج.م5.45, the current price target is an average from 5 analysts. The new target price is 70% above the current share price of ج.م2.94. As of last close, the stock is down 26% over the past year.
Is New 90 Day High Low • Oct 22New 90-day low: ج.م2.97The company is down 5.0% from its price of ج.م3.13 on 22 July 2020. The Egyptian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ج.م4.81 per share.