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AITG

Assiut Islamic TradingCASE:AITG Stock Report

Market Cap

ج.م66.8m

7D

0%

1Y

-24.6%

Updated

11 Oct, 2021

Data

Company Financials
AITG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

AITG Overview

Assiut Islamic Trading Co. distributes cars, construction and agricultural machinery and equipment, fertilizers, cotton, cotton products, grain products, and seeds.

Price History & Performance

Summary of all time highs, changes and price drops for Assiut Islamic Trading
Historical stock prices
Current Share Priceج.م10.00
52 Week Highج.م12.01
52 Week Lowج.م30.00
Beta0.77
1 Month Change0%
3 Month Change-64.39%
1 Year Change-24.59%
3 Year Change88.36%
5 Year Change131.00%
Change since IPO5.55%

Recent News & Updates

Shareholder Returns

AITGEG Trade DistributorsEG Market
7D0%-2.0%3.0%
1Y-24.6%77.4%12.4%

Return vs Industry: AITG underperformed the EG Trade Distributors industry which returned 81.1% over the past year.

Return vs Market: AITG underperformed the EG Market which returned 6.9% over the past year.

Price Volatility

Is AITG's price volatile compared to industry and market?
AITG volatility
AITG Beta0.77
Industry Beta0.76
Market Beta1

Stable Share Price: Insufficient data to determine AITG's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine AITG's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1987n/aAbu Ghani

Assiut Islamic Trading Co. distributes cars, construction and agricultural machinery and equipment, fertilizers, cotton, cotton products, grain products, and seeds. The company also engages in the investment, development, and management of real estate property; and operation of a hotel. Assiut Islamic Trading Co. was founded in 1987 and is based in Asyut, Egypt.

Assiut Islamic Trading Fundamentals Summary

How do Assiut Islamic Trading's earnings and revenue compare to its market cap?
AITG fundamental statistics
Market Capج.م66.85m
Earnings (TTM)ج.م8.65m
Revenue (TTM)ج.م11.70m

7.7x

P/E Ratio

5.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AITG income statement (TTM)
Revenueج.م11.70m
Cost of Revenueج.م1.65m
Gross Profitج.م10.04m
Expensesج.م1.39m
Earningsج.م8.65m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.29
Gross Margin85.86%
Net Profit Margin73.97%
Debt/Equity Ratio0.0%

How did AITG perform over the long term?

See historical performance and comparison

Valuation

Is Assiut Islamic Trading undervalued compared to its fair value and its price relative to the market?

7.73x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AITG (EGP10) is trading above our estimate of fair value (EGP3.45)

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


Price To Earnings Ratio

PE vs Industry: AITG is good value based on its PE Ratio (7.7x) compared to the African Trade Distributors industry average (12.4x).

PE vs Market: AITG is good value based on its PE Ratio (7.7x) compared to the EG market (11.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AITG is good value based on its PB Ratio (0.7x) compared to the XF Trade Distributors industry average (0.9x).


Future Growth

How is Assiut Islamic Trading forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.6%

Forecasted Capital Goods 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 Assiut Islamic Trading 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 Assiut Islamic Trading performed over the past 5 years?

26.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AITG has high quality earnings.

Growing Profit Margin: AITG's current net profit margins (74%) are higher than last year (58.3%).


Past Earnings Growth Analysis

Earnings Trend: AITG's earnings have grown significantly by 26.7% per year over the past 5 years.

Accelerating Growth: AITG's earnings growth over the past year (19.1%) is below its 5-year average (26.7% per year).

Earnings vs Industry: AITG earnings growth over the past year (19.1%) underperformed the Trade Distributors industry 42.8%.


Return on Equity

High ROE: AITG's Return on Equity (8.8%) is considered low.


Financial Health

How is Assiut Islamic Trading's financial position?


Financial Position Analysis

Short Term Liabilities: AITG's short term assets (EGP16.5M) exceed its short term liabilities (EGP3.6M).

Long Term Liabilities: AITG's short term assets (EGP16.5M) exceed its long term liabilities (EGP5.5M).


Debt to Equity History and Analysis

Debt Level: AITG is debt free.

Reducing Debt: AITG has no debt compared to 5 years ago when its debt to equity ratio was 0%.

Debt Coverage: AITG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AITG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Assiut Islamic Trading current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AITG'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?


CEO

Abu Ghani

no data

Tenure

Abu Al Hamd Hamed Abdul Ghani serves as the Managing Director and Director of Assiut Islamic Trading Co.


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

Assiut Islamic Trading Co.'s employee growth, exchange listings and data sources


Key Information

  • Name: Assiut Islamic Trading Co.
  • Ticker: AITG
  • Exchange: CASE
  • Founded: 1987
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: ج.م66.847m
  • Shares outstanding: 6.68m

Location

  • Assiut Islamic Trading Co.
  • Al-Watania Towers Complex
  • Al-Gomhoria Street
  • Asyut
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/11 14:31
End of Day Share Price2021/07/14 00:00
Earnings2021/03/31
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.