GB Management

Management criteria checks 2/4

GB's CEO is Nader Ghabbour, appointed in Mar 2021, has a tenure of 3.08 years. directly owns 0.066% of the company’s shares, worth EGP7.06M. The average tenure of the management team and the board of directors is 4.7 years and 6.8 years respectively.

Key information

Nader Ghabbour

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	3.1yrs
CEO ownership	0.07%
Management average tenure	4.7yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO

Nader Ghabbour

3.1yrs

Tenure

Mr. Nader Raouf Ghabbour has been Chief Executive Officer at GB Corp (formerly known as GB Auto (S.A.E.)) since March 2021 and was its Deputy Chief Executive Officer since January 2019 until March 2021. He...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Nader Ghabbour	CEO & Executive Director	3.1yrs	no data	0.066% EGP 7.1m
Abbas El Sayed	CFO & Executive Director	3.1yrs	no data	no data
Karim Gaddas	Group Chief Operating Officer	5.3yrs	no data	no data
George Sedky	Chief Human Resources Officer	no data	no data	no data
Ibrahim Naguib	Chief Operating Officer of Passenger Car Operations	5.1yrs	no data	no data
Ghassan Kabbani	Chief Operating Officer of Two & Three Wheelers	no data	no data	no data
Ramez Adeeb	Chief Manufacturing Officer	no data	no data	no data
Odette Gamil	Chief Internal Audit Officer	6.9yrs	no data	no data
Sherif Sabry	MD of GB Lease	2.3yrs	no data	no data
Mounir Nakhla	Founder & CEO of MNT - Halan	no data	no data	no data
Sherif Tawadros	Senior Vice President Finance of GB Capital	5.3yrs	no data	no data
Cherine Kallal	Senior VP of Business Development & CEO Support	4.3yrs	no data	no data

4.7yrs

Average Tenure

Experienced Management: GBCO's management team is considered experienced (4.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nader Ghabbour	CEO & Executive Director	12.3yrs	no data	0.066% EGP 7.1m
Abbas El Sayed	CFO & Executive Director	5.1yrs	no data	no data
Mohamed Ibrahim	Non Executive Independent Chairman of the Board	5.3yrs	no data	no data
Marwa Ayouti	Independent Board Member	no data	no data	no data
Lobna Dessouky	Independent Board Member	4.3yrs	no data	no data
Mounir Abdelnour	Independent Board Member	8.3yrs	no data	no data
Mansour Kabbani	Non-Executive Director	9.3yrs	no data	0.35% EGP 37.6m
Ahmed Ossama	Drive Chairman & MD	no data	no data	no data

6.8yrs

Average Tenure

Experienced Board: GBCO's board of directors are considered experienced (6.8 years average tenure).

GB Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Investor sentiment deteriorates as stock falls 16%

Price target increased by 17% to ج.م10.35

Investor sentiment improves as stock rises 16%

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: ج.م1.68 (vs ج.م9.18 in FY 2022)

Consensus EPS estimates increase by 21%

Price target increased by 8.4% to ج.م9.02

Third quarter 2023 earnings released: EPS: ج.م0.61 (vs ج.م0.50 in 3Q 2022)

Price target increased by 9.8% to ج.م9.15

Consensus revenue estimates fall by 21%

Second quarter 2023 earnings released: EPS: ج.م0.46 (vs ج.م0.45 in 2Q 2022)

New major risk - Earnings quality

Consensus EPS estimates fall by 13%

Price target increased by 11% to ج.م7.45

Full year 2022 earnings released: EPS: ج.م9.20 (vs ج.م1.35 in FY 2021)

Investor sentiment deteriorates as stock falls 17%

Insufficient new directors

Consensus EPS estimates increase by 39%

Price target increased to ج.م5.44

Chimprop 2 Investment SPV RSC Ltd acquired 21.7% stake in MNT Investments B.V. from GB Auto (S.A.E.) (CASE:AUTO) and other shareholders.

Third quarter 2022 earnings released: EPS: ج.م0.50 (vs ج.م0.30 in 3Q 2021)

Less than half of directors are independent

Price target decreased to ج.م5.12

Investor sentiment improved over the past week

Chimprop 2 Investment SPV RSC Ltd signed definitive agreements to acquire 21.7% stake in MNT Investments B.V. from GB Auto (S.A.E.) (CASE:AUTO) and other shareholders.

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: ج.م0.45 (vs ج.م0.34 in 2Q 2021)

Price target decreased to ج.م5.10

Consensus EPS estimates fall by 18%

Investor sentiment improved over the past week

GB Auto Sponsored ADR to Be Deleted from Other OTC

Investor sentiment deteriorated over the past week

First quarter 2022 earnings: Revenues exceed analyst expectations

Less than half of directors are independent

Inaugural dividend of ج.م0.35 per share

Consensus forecasts updated

Investor sentiment deteriorated over the past week

Price target increased to ج.م5.83

Now 20% undervalued

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Investor sentiment improved over the past week

Price target increased to ج.م5.38

Investor sentiment improved over the past week

Price target increased to ج.م5.34

Less than half of directors are independent

Second quarter 2021 earnings released: EPS ج.م0.34 (vs ج.م0.11 in 2Q 2020)

Price target increased to ج.م5.19

Consensus forecasts updated

First quarter 2021 earnings released: EPS ج.م0.28 (vs ج.م0.13 in 1Q 2020)

New 90-day high: ج.م3.99

Full year 2020 earnings released: EPS ج.م0.85 (vs ج.م0.039 in FY 2019)

Revenue beats expectations

Price target raised to ج.م4.32

Price target raised to ج.م4.33

Analysts increase EPS estimates to ج.م0.70

New 90-day high: ج.م3.85

New 90-day high: ج.م3.70

New 90-day high: ج.م3.54

Third quarter 2020 earnings released: EPS ج.م0.35

New 90-day high: ج.م3.10

Market bids up stock over the past week

New 90-day high: ج.م2.98

Analysts increase revenue estimates to ج.م21.0b

Market bids up stock over the past week

Price target lowered to ج.م3.64

New 90-day high - ج.م2.83

First half earnings released

New 90-day high - ج.م2.26

CEO

Tenure

Leadership Team