Board Change • May 21
Less than half of directors are independent Following 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. 4 non-independent directors. Chairman Gamal ElGarhy was the last director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • May 04
Arab Developers Holding, Annual General Meeting, May 31, 2026 Arab Developers Holding, Annual General Meeting, May 31, 2026, at 15:00 Egypt Standard Time. Location: cairo Egypt Board Change • May 14
Less than half of directors are independent 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. 2 independent directors (3 non-independent directors). Chairman of the Board Gamal Fathallah was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 18
Arab Developers Holding, Annual General Meeting, May 12, 2025 Arab Developers Holding, Annual General Meeting, May 12, 2025, at 08:30 Egypt Standard Time. Location: cairo Egypt New Risk • Sep 09
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 8.8% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 17% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (ج.م3.52b market cap, or US$72.8m). Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: ج.م0.003 (vs ج.م0.005 in 2Q 2023) Second quarter 2024 results: EPS: ج.م0.003 (down from ج.م0.005 in 2Q 2023). Revenue: ج.م125.1m (down 71% from 2Q 2023). Net income: ج.م24.7m (down 34% from 2Q 2023). Profit margin: 20% (up from 8.7% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 59% per year, which means it is well ahead of earnings. Reported Earnings • Jun 04
First quarter 2024 earnings released: ج.م0.03 loss per share (vs ج.م0.002 profit in 1Q 2023) First quarter 2024 results: ج.م0.03 loss per share (down from ج.م0.002 profit in 1Q 2023). Revenue: ج.م216.5m (down 15% from 1Q 2023). Net loss: ج.م36.2m (down 335% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ج.م2.31, the stock trades at a trailing P/E ratio of 58.1x. Average trailing P/E is 22x in the Real Estate industry in Egypt. Total returns to shareholders of 183% over the past three years. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ج.م1.60, the stock trades at a trailing P/E ratio of 40.2x. Average trailing P/E is 22x in the Real Estate industry in Egypt. Total returns to shareholders of 144% over the past three years. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ج.م1.02, the stock trades at a trailing P/E ratio of 66.2x. Average trailing P/E is 16x in the Real Estate industry in Egypt. Total returns to shareholders of 137% over the past three years. New Risk • Nov 01
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 7.1% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 33% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Market cap is less than US$100m (ج.م1.24b market cap, or US$40.0m). Reported Earnings • Sep 03
Second quarter 2023 earnings released: EPS: ج.م0.028 (vs ج.م0.018 in 2Q 2022) Second quarter 2023 results: EPS: ج.م0.028 (up from ج.م0.018 in 2Q 2022). Revenue: ج.م431.4m (up 53% from 2Q 2022). Net income: ج.م37.5m (up 55% from 2Q 2022). Profit margin: 8.7% (up from 8.6% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. 공시 • Jul 27
Arab Developers Holding Declares Stock Dividend, Payable on August 09, 2023 Arab Developers Holding declared a dividend of EGP 0.0999999893 share for each underlying share. Dividend (Due) Date is August 08, 2023, Ex-Dividend Date is August 09, 2023 and Distribution Date is August 09, 2023. Reported Earnings • Jun 03
First quarter 2023 earnings released: EPS: ج.م0.01 (vs ج.م0.01 loss in 1Q 2022) First quarter 2023 results: EPS: ج.م0.01 (up from ج.م0.01 loss in 1Q 2022). Revenue: ج.م255.7m (up 37% from 1Q 2022). Net income: ج.م15.4m (up ج.م23.8m from 1Q 2022). Profit margin: 6.0% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Chairman of the Board Gamal Fathallah was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Mar 09
Full year 2022 earnings released: ج.م0.01 loss per share (vs ج.م0.078 profit in FY 2021) Full year 2022 results: ج.م0.01 loss per share (down from ج.م0.078 profit in FY 2021). Revenue: ج.م849.2m (down 23% from FY 2021). Net loss: ج.م17.3m (down 119% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Price Target Changed • Apr 27
Price target decreased to ج.م0.69 Down from ج.م1.48, the current price target is provided by 1 analyst. New target price is 97% above last closing price of ج.م0.35. Stock is down 53% over the past year. The company posted earnings per share of ج.م0.078 last year. Reported Earnings • May 22
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ج.م318.2m (up 54% from 1Q 2020). Net income: ج.م17.7m (up ج.م33.2m from 1Q 2020). Profit margin: 5.6% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. 공시 • Mar 04
An unknown buyer acquired 2.7% stake in Porto Group Holding SAE (CASE:PORT) from Abdul Salam Masood Abdelkarim for EGP 30.1 million. An unknown buyer acquired 2.7% stake in Porto Group Holding SAE (CASE:PORT) from Abdul Salam Masood Abdelkarim for EGP 30.1 million on March 2, 2021. Under the terms of transactions, unknown buyer acquired 32 million shares and cuts its stake from 11.187% to 8.458%.
An unknown buyer completed the acquisition of 2.7% stake in Porto Group Holding SAE (CASE:PORT) from Abdul Salam Masood Abdelkarim on March 2, 2021. Is New 90 Day High Low • Feb 22
New 90-day high: ج.م0.81 The company is up 49% from its price of ج.م0.54 on 24 November 2020. The Egyptian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: ج.م0.74 The company is up 42% from its price of ج.م0.52 on 24 September 2020. The Egyptian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 3.0% over the same period. Is New 90 Day High Low • Nov 25
New 90-day high: ج.م0.58 The company is up 9.0% from its price of ج.م0.53 on 27 August 2020. The Egyptian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 22
New 90-day low: ج.م0.49 The company is down 4.0% from its price of ج.م0.51 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 Real Estate industry, which is up 15% over the same period. Is New 90 Day High Low • Oct 04
New 90-day high: ج.م0.56 The company is up 9.0% from its price of ج.م0.51 on 06 July 2020. The Egyptian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Real Estate industry, which is up 12% over the same period.