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RAYA

Raya Holding Company for Financial Investments (S.A.E)CASE:RAYA Stock Report

Market Cap

ج.م5.2b

7D

-3.6%

1Y

205.7%

Updated

21 Oct, 2021

Data

Company Financials
RAYA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends0/6

RAYA Overview

Raya Holding Company for Financial Investments (S.A.E) operates in information technology, data center outsourcing, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET re-manufacturing, E-payments and non-banking financial services fields.

Price History & Performance

Summary of all time highs, changes and price drops for Raya Holding Company for Financial Investments (S.A.E)
Historical stock prices
Current Share Priceج.م2.43
52 Week Highج.م0.60
52 Week Lowج.م3.81
Beta0.58
1 Month Change11.98%
3 Month Change-17.07%
1 Year Change205.66%
3 Year Change545.47%
5 Year Change1,147.29%
Change since IPO500.90%

Recent News & Updates

Shareholder Returns

RAYAEG Trade DistributorsEG Market
7D-3.6%-2.4%-0.8%
1Y205.7%80.8%11.1%

Return vs Industry: RAYA exceeded the EG Trade Distributors industry which returned 80% over the past year.

Return vs Market: RAYA exceeded the EG Market which returned 9.2% over the past year.

Price Volatility

Is RAYA's price volatile compared to industry and market?
RAYA volatility
RAYA Beta0.58
Industry Beta0.76
Market Beta1

Stable Share Price: RAYA is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: RAYA's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19981,092Ahmed Medhat Mohamed Khalilhttps://www.rayacorp.com

Raya Holding Company for Financial Investments (S.A.E) operates in information technology, data center outsourcing, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET re-manufacturing, E-payments and non-banking financial services fields. It offers business process outsourcing services, such as customer experience, back office, inside sales channel management, and digital services; data center, enterprise infrastructure, ATM and self-service software, and enterprise resources planning implementation services; and financial inclusion, mobile wallets, omni channel, blockchain, analytics and big data, and cyber security solutions. The company also provides mobile phones and accessories, laptops, cameras, printers, flat panel TVs, and white goods; frozen fruits and vegetables; and pasta, tomato paste, and fava beans.

Raya Holding Company for Financial Investments (S.A.E) Fundamentals Summary

How do Raya Holding Company for Financial Investments (S.A.E)'s earnings and revenue compare to its market cap?
RAYA fundamental statistics
Market Capج.م5.21b
Earnings (TTM)ج.م169.33m
Revenue (TTM)ج.م14.26b

30.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RAYA income statement (TTM)
Revenueج.م14.26b
Cost of Revenueج.م11.81b
Gross Profitج.م2.46b
Expensesج.م2.29b
Earningsج.م169.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.079
Gross Margin17.23%
Net Profit Margin1.19%
Debt/Equity Ratio426.8%

How did RAYA perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Raya Holding Company for Financial Investments (S.A.E) undervalued compared to its fair value and its price relative to the market?

30.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RAYA (EGP2.43) is trading above our estimate of fair value (EGP0.02)

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


Price To Earnings Ratio

PE vs Industry: RAYA is poor value based on its PE Ratio (30.7x) compared to the African Trade Distributors industry average (10x).

PE vs Market: RAYA is poor value based on its PE Ratio (30.7x) compared to the EG market (11.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RAYA is overvalued based on its PB Ratio (4.9x) compared to the XF Trade Distributors industry average (0.9x).


Future Growth

How is Raya Holding Company for Financial Investments (S.A.E) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.7%

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 Raya Holding Company for Financial Investments (S.A.E) 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 Raya Holding Company for Financial Investments (S.A.E) performed over the past 5 years?

-44.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RAYA has a high level of non-cash earnings.

Growing Profit Margin: RAYA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RAYA's earnings have declined by 44.5% per year over the past 5 years.

Accelerating Growth: RAYA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RAYA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Trade Distributors industry (19.1%).


Return on Equity

High ROE: RAYA's Return on Equity (14.5%) is considered low.


Financial Health

How is Raya Holding Company for Financial Investments (S.A.E)'s financial position?


Financial Position Analysis

Short Term Liabilities: RAYA's short term assets (EGP9.7B) do not cover its short term liabilities (EGP9.8B).

Long Term Liabilities: RAYA's short term assets (EGP9.7B) exceed its long term liabilities (EGP1.7B).


Debt to Equity History and Analysis

Debt Level: RAYA's debt to equity ratio (426.8%) is considered high.

Reducing Debt: RAYA's debt to equity ratio has increased from 176.6% to 426.8% over the past 5 years.

Debt Coverage: RAYA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: RAYA's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Dividend

What is Raya Holding Company for Financial Investments (S.A.E) current dividend yield, its reliability and sustainability?

0.19%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RAYA's dividend (0.19%) isn’t notable compared to the bottom 25% of dividend payers in the EG market (2.67%).

High Dividend: RAYA's dividend (0.19%) is low compared to the top 25% of dividend payers in the EG market (7.53%).


Stability and Growth of Payments

Stable Dividend: RAYA is not paying a notable dividend for the EG market, therefore no need to check if payments are stable.

Growing Dividend: RAYA is not paying a notable dividend for the EG market, therefore no need to check if payments are 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 RAYA'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?

7.5yrs

Average management tenure


CEO

Ahmed Medhat Mohamed Khalil

1

Tenure

Mr. Ahmed medhat Mohamed Ibrahim Khalil serves as Chief Executive Officer of Raya Restaurants & Raya Smart Buildings, subsidiary of Raya Holding for Financial Investments SAE and served as its Chief Execu...


Leadership Team

Experienced Management: RAYA's management team is seasoned and experienced (7.5 years average tenure).


Board Members

Experienced Board: RAYA'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

Raya Holding Company for Financial Investments (S.A.E)'s employee growth, exchange listings and data sources


Key Information

  • Name: Raya Holding Company for Financial Investments (S.A.E)
  • Ticker: RAYA
  • Exchange: CASE
  • Founded: 1998
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: ج.م5.205b
  • Shares outstanding: 2.14b
  • Website: https://www.rayacorp.com

Number of Employees


Location

  • Raya Holding Company for Financial Investments (S.A.E)
  • 26th July Street
  • Touristic Zone
  • 6th of October City
  • 12568
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 14:32
End of Day Share Price2021/10/20 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.