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AUTO

GB Auto (S.A.E.)CASE:AUTO Stock Report

Market Cap

ج.م4.4b

7D

2.2%

1Y

36.7%

Updated

17 Oct, 2021

Data

Company Financials +
AUTO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends0/6

AUTO Overview

GB Auto (S.A.E.) engages in the assembly, manufacture, distribution, sale, and after-sales service of automotive products primarily in the Middle East and Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for GB Auto (S.A.E.)
Historical stock prices
Current Share Priceج.م4.10
52 Week Highج.م2.46
52 Week Lowج.م4.45
Beta0.83
1 Month Change0%
3 Month Change18.16%
1 Year Change36.67%
3 Year Change-15.64%
5 Year Change120.43%
Change since IPO-90.46%

Recent News & Updates

Shareholder Returns

AUTOEG AutoEG Market
7D2.2%5.7%1.3%
1Y36.7%62.5%10.0%

Return vs Industry: AUTO underperformed the EG Auto industry which returned 62.5% over the past year.

Return vs Market: AUTO exceeded the EG Market which returned 8.2% over the past year.

Price Volatility

Is AUTO's price volatile compared to industry and market?
AUTO volatility
AUTO Beta0.83
Industry Beta1.39
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1999n/aNader Ghabbourhttps://www.ghabbourauto.com

GB Auto (S.A.E.) engages in the assembly, manufacture, distribution, sale, and after-sales service of automotive products primarily in the Middle East and Egypt. It operates through Passenger Car, Buses and trucks, 2&3 Wheels, Financial Services non- Banking, and Others Operations segments. The company offers heavy trucks, semi-trucks, passenger cars, buses, mini buses, micro buses, agriculture tractors, pick-ups, mechanical tools equipment for sail movement, motors, commercial vehicles, semi-trailers, and superstructures.

GB Auto (S.A.E.) Fundamentals Summary

How do GB Auto (S.A.E.)'s earnings and revenue compare to its market cap?
AUTO fundamental statistics
Market Capج.م4.41b
Earnings (TTM)ج.م1.34b
Revenue (TTM)ج.م27.49b

3.4x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AUTO income statement (TTM)
Revenueج.م27.49b
Cost of Revenueج.م21.94b
Gross Profitج.م5.56b
Expensesج.م4.22b
Earningsج.م1.34b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.22
Gross Margin20.21%
Net Profit Margin4.86%
Debt/Equity Ratio278.2%

How did AUTO perform over the long term?

See historical performance and comparison

Valuation

Is GB Auto (S.A.E.) undervalued compared to its fair value and its price relative to the market?

3.36x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AUTO (EGP4.1) is trading above our estimate of fair value (EGP3.04)

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


Price To Earnings Ratio

PE vs Industry: AUTO is good value based on its PE Ratio (3.4x) compared to the Global Auto industry average (14.3x).

PE vs Market: AUTO is good value based on its PE Ratio (3.4x) compared to the EG market (12.3x).


Price to Earnings Growth Ratio

PEG Ratio: AUTO is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: AUTO is good value based on its PB Ratio (0.9x) compared to the XX Auto industry average (1.9x).


Future Growth

How is GB Auto (S.A.E.) forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

3.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AUTO's forecast earnings growth (3% per year) is below the savings rate (9.1%).

Earnings vs Market: AUTO's earnings (3% per year) are forecast to grow slower than the EG market (14.2% per year).

High Growth Earnings: AUTO's earnings are forecast to grow, but not significantly.

Revenue vs Market: AUTO's revenue (7.6% per year) is forecast to grow slower than the EG market (9.9% per year).

High Growth Revenue: AUTO's revenue (7.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AUTO's Return on Equity is forecast to be low in 3 years time (18.6%).


Past Performance

How has GB Auto (S.A.E.) performed over the past 5 years?

58.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AUTO has high quality earnings.

Growing Profit Margin: AUTO's current net profit margins (4.9%) are higher than last year (1.2%).


Past Earnings Growth Analysis

Earnings Trend: AUTO's earnings have grown significantly by 58.4% per year over the past 5 years.

Accelerating Growth: AUTO's earnings growth over the past year (361%) exceeds its 5-year average (58.4% per year).

Earnings vs Industry: AUTO earnings growth over the past year (361%) exceeded the Auto industry 92.1%.


Return on Equity

High ROE: Whilst AUTO's Return on Equity (24.26%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is GB Auto (S.A.E.)'s financial position?


Financial Position Analysis

Short Term Liabilities: AUTO's short term assets (EGP17.4B) do not cover its short term liabilities (EGP17.7B).

Long Term Liabilities: AUTO's short term assets (EGP17.4B) exceed its long term liabilities (EGP5.5B).


Debt to Equity History and Analysis

Debt Level: AUTO's debt to equity ratio (278.2%) is considered high.

Reducing Debt: AUTO's debt to equity ratio has increased from 162.3% to 278.2% over the past 5 years.

Debt Coverage: AUTO's debt is not well covered by operating cash flow (10.7%).

Interest Coverage: AUTO's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Dividend

What is GB Auto (S.A.E.) current dividend yield, its reliability and sustainability?

9.51%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AUTO'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 AUTO's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: AUTO is not paying a notable dividend for the EG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AUTO's dividend in 3 years as they are not forecast to pay a notable one for the EG market.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Nader Ghabbour

0.58

Tenure

Mr. Nader Raouf Ghabbour has been Chief Executive Officer at GB Auto (S.A.E.) since March 2021 and is Executive Director and was Deputy Chief Executive Officer since January 2019 until March 2021. He was G...


Leadership Team

Experienced Management: AUTO's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: AUTO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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.


Top Shareholders

Company Information

GB Auto (S.A.E.)'s employee growth, exchange listings and data sources


Key Information

  • Name: GB Auto (S.A.E.)
  • Ticker: AUTO
  • Exchange: CASE
  • Founded: 1999
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: ج.م4.409b
  • Shares outstanding: 1.09b
  • Website: https://www.ghabbourauto.com

Number of Employees


Location

  • GB Auto (S.A.E.)
  • Cairo-Alexandria Desert Road Km 28
  • Industrial Zone
  • Giza
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 16:16
End of Day Share Price2021/10/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.