Foodco Holding PJSC (ADX:FOODCO) - Share price, News & Analysis

FOODCO fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	3/6
Dividends	0/6

FOODCO Stock Overview

Foodco Holding PJSC, together with its subsidiaries, primarily imports and distributes foodstuff and household items in the United Arab Emirates.

Rewards

PE ratio (15.1x) is below the Consumer Retailing industry average (16.5x)

Risk Analysis

Large one-off items impacting financial results

Profit margins (24.7%) are lower than last year (46.8%)

Foodco Holding PJSC Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Foodco Holding PJSC
Historical stock prices
Current Share Price	د.إ3.33
52 Week High	د.إ3.70
52 Week Low	د.إ2.84
Beta	-0.058
1 Month Change	-10.00%
3 Month Change	0.91%
1 Year Change	-0.89%
3 Year Change	-2.06%
5 Year Change	-33.29%
Change since IPO	141.63%

Recent News & Updates

Nov 14

Foodco Holding PJSC (ADX:FOODCO) Is Investing Its Capital With Increasing Efficiency

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...

Jun 03

Returns on Capital Paint A Bright Future For Foodco Holding PJSC (ADX:FOODCO)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...

Mar 24

Foodco Holding PJSC's (ADX:FOODCO) Strong Earnings Are Of Good Quality

Foodco Holding PJSC ( ADX:FOODCO ) recently posted some strong earnings, and the market responded positively. Our...

Shareholder Returns

	FOODCO	AE Consumer Retailing	AE Market
7D	0%	-3.5%	-4.9%
1Y	-0.9%	-9.1%	47.6%

Return vs Industry: FOODCO exceeded the AE Consumer Retailing industry which returned -9.1% over the past year.

Return vs Market: FOODCO underperformed the AE Market which returned 47.6% over the past year.

Price Volatility

Is FOODCO's price volatile compared to industry and market?
FOODCO volatility
FOODCO Average Weekly Movement	3.9%
Consumer Retailing Industry Average Movement	4.8%
Market Average Movement	5.0%
10% most volatile stocks in AE Market	10.0%
10% least volatile stocks in AE Market	2.4%

Stable Share Price: FOODCO is not significantly more volatile than the rest of AE stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FOODCO's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1979	n/a	Waseem Halabi	https://www.foodco-uae.com

Foodco Holding PJSC, together with its subsidiaries, primarily imports and distributes foodstuff and household items in the United Arab Emirates. It operates through four segments: Investment in Securities, Investment Properties, Freight Forwarding and Storage, and Trading. The company offers a range of fast-moving consumer goods, including rice, sugar, edible oils, Italian pasta, canned food, tuna, olives, olive oils, tea, evaporated milk, saffron, frozen chicken and meats, frozen vegetables, household aluminum foils, and facial tissues.

Foodco Holding PJSC Fundamentals Summary

How do Foodco Holding PJSC's earnings and revenue compare to its market cap?
FOODCO fundamental statistics
Market Cap	د.إ399.60m
Earnings (TTM)	د.إ26.54m
Revenue (TTM)	د.إ107.23m

15.1x

P/E Ratio

3.7x

P/S Ratio

Is FOODCO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
FOODCO income statement (TTM)
Revenue	د.إ107.23m
Cost of Revenue	د.إ41.27m
Gross Profit	د.إ65.97m
Other Expenses	د.إ39.43m
Earnings	د.إ26.54m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.22
Gross Margin	61.52%
Net Profit Margin	24.75%
Debt/Equity Ratio	81.5%

How did FOODCO perform over the long term?

See historical performance and comparison

Valuation

Is Foodco Holding PJSC undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

15.06x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: FOODCO (AED3.33) is trading above our estimate of fair value (AED0.97)

Significantly Below Fair Value: FOODCO is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: FOODCO is good value based on its PE Ratio (15.1x) compared to the Asian Consumer Retailing industry average (16.5x).

PE vs Market: FOODCO's PE Ratio (15.1x) is in line with the AE market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FOODCO's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: FOODCO is good value based on its PB Ratio (0.8x) compared to the XA Consumer Retailing industry average (1.4x).

Future Growth

How is Foodco Holding PJSC forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

18.7%

Forecasted Consumer Retailing industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Foodco Holding PJSC has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Foodco Holding PJSC performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

2.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FOODCO has a large one-off loss of AED16.8M impacting its March 31 2022 financial results.

Growing Profit Margin: FOODCO's current net profit margins (24.7%) are lower than last year (46.8%).

Past Earnings Growth Analysis

Earnings Trend: FOODCO's earnings have grown by 2.8% per year over the past 5 years.

Accelerating Growth: FOODCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FOODCO had negative earnings growth (-76%) over the past year, making it difficult to compare to the Consumer Retailing industry average (9.5%).

Return on Equity

High ROE: FOODCO's Return on Equity (5%) is considered low.

Financial Health

How is Foodco Holding PJSC's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: FOODCO's short term assets (AED406.0M) exceed its short term liabilities (AED343.3M).

Long Term Liabilities: FOODCO's short term assets (AED406.0M) exceed its long term liabilities (AED167.4M).

Debt to Equity History and Analysis

Debt Level: FOODCO's net debt to equity ratio (25%) is considered satisfactory.

Reducing Debt: FOODCO's debt to equity ratio has increased from 62.9% to 81.5% over the past 5 years.

Debt Coverage: FOODCO's debt is not well covered by operating cash flow (4.2%).

Interest Coverage: FOODCO's interest payments on its debt are not well covered by EBIT (1.7x coverage).

Balance Sheet

Dividend

What is Foodco Holding PJSC current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate FOODCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FOODCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FOODCO's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FOODCO's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: FOODCO is not paying a notable dividend for the AE market.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FOODCO has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Consumer Retailing industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure

CEO

Waseem Halabi

2.33yrs

Tenure

Mr. Waseem Halabi serves as General Manager at Foodco Holding PJSC since 2020. He is eneral Manager with proven ability in efficiently managing P&L and implementing business growth and saving initiatives t...

Leadership Team

Experienced Management: FOODCO's management team is considered experienced (2.7 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/16 00:00
End of Day Share Price	2022/05/13 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31