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SMPP

Modern Shorouk Printing & PackagingCASE:SMPP Stock Report

Market Cap

ج.م943.3m

7D

0%

1Y

124.6%

Updated

25 Oct, 2021

Data

Company Financials
SMPP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends2/6

SMPP Overview

Modern Shorouk Printing & Packaging provides printing services.

Price History & Performance

Summary of all time highs, changes and price drops for Modern Shorouk Printing & Packaging
Historical stock prices
Current Share Priceج.م72.00
52 Week Highج.م31.26
52 Week Lowج.م74.00
Beta0.81
1 Month Change1.41%
3 Month Change41.18%
1 Year Change124.58%
3 Year Change277.14%
5 Year Change983.45%
Change since IPO1,177.42%

Recent News & Updates

Shareholder Returns

SMPPEG Commercial ServicesEG Market
7D0%-1.3%-0.7%
1Y124.6%64.0%12.2%

Return vs Industry: SMPP exceeded the EG Commercial Services industry which returned 64% over the past year.

Return vs Market: SMPP exceeded the EG Market which returned 12.2% over the past year.

Price Volatility

Is SMPP's price volatile compared to industry and market?
SMPP volatility
SMPP Beta0.81
Industry Beta0.91
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aIbrahim Al Mualiml

Modern Shorouk Printing & Packaging provides printing services. It prints and produces packaging materials; various kinds of boxes and packages; and cardboards and plastic products. The company is based in Cairo, Egypt.

Modern Shorouk Printing & Packaging Fundamentals Summary

How do Modern Shorouk Printing & Packaging's earnings and revenue compare to its market cap?
SMPP fundamental statistics
Market Capج.م943.27m
Earnings (TTM)ج.م130.72m
Revenue (TTM)ج.م1.74b

7.2x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SMPP income statement (TTM)
Revenueج.م1.74b
Cost of Revenueج.م1.25b
Gross Profitج.م490.86m
Expensesج.م360.14m
Earningsج.م130.72m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.98
Gross Margin28.17%
Net Profit Margin7.50%
Debt/Equity Ratio194.3%

How did SMPP perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

17%

Payout Ratio

Valuation

Is Modern Shorouk Printing & Packaging undervalued compared to its fair value and its price relative to the market?

7.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SMPP (EGP72) is trading above our estimate of fair value (EGP35.32)

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


Price To Earnings Ratio

PE vs Industry: SMPP is good value based on its PE Ratio (7.2x) compared to the African Commercial Services industry average (11.2x).

PE vs Market: SMPP is good value based on its PE Ratio (7.2x) compared to the EG market (8.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SMPP is overvalued based on its PB Ratio (2x) compared to the XF Commercial Services industry average (1.2x).


Future Growth

How is Modern Shorouk Printing & Packaging forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.2%

Forecasted Commercial Services 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 Modern Shorouk Printing & Packaging 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 Modern Shorouk Printing & Packaging performed over the past 5 years?

22.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SMPP has high quality earnings.

Growing Profit Margin: SMPP's current net profit margins (7.5%) are higher than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: SMPP's earnings have grown significantly by 22.3% per year over the past 5 years.

Accelerating Growth: SMPP's earnings growth over the past year (39.8%) exceeds its 5-year average (22.3% per year).

Earnings vs Industry: SMPP earnings growth over the past year (39.8%) exceeded the Commercial Services industry 14.4%.


Return on Equity

High ROE: Whilst SMPP's Return on Equity (37.52%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Modern Shorouk Printing & Packaging's financial position?


Financial Position Analysis

Short Term Liabilities: SMPP's short term assets (EGP1.1B) do not cover its short term liabilities (EGP1.1B).

Long Term Liabilities: SMPP's short term assets (EGP1.1B) exceed its long term liabilities (EGP354.1M).


Debt to Equity History and Analysis

Debt Level: SMPP's debt to equity ratio (194.3%) is considered high.

Reducing Debt: SMPP's debt to equity ratio has increased from 181.2% to 194.3% over the past 5 years.

Debt Coverage: SMPP's debt is not well covered by operating cash flow (7%).

Interest Coverage: SMPP's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


Dividend

What is Modern Shorouk Printing & Packaging current dividend yield, its reliability and sustainability?

2.78%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SMPP's dividend (2.78%) is higher than the bottom 25% of dividend payers in the EG market (2.61%).

High Dividend: SMPP's dividend (2.78%) is low compared to the top 25% of dividend payers in the EG market (7.87%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, SMPP has been paying a dividend for less than 10 years.

Growing Dividend: SMPP's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17%), SMPP's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Ibrahim Al Mualiml

no data

Tenure

Engineer Ibrahim Mohammed Al Mualiml serves as the Chairman and Executive Director of Modern Shorouk Printing & Packaging. Engineer Al Mualiml serves as Managing Director at Modern Shorouk Printing & Packa...


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

Modern Shorouk Printing & Packaging's employee growth, exchange listings and data sources


Key Information

  • Name: Modern Shorouk Printing & Packaging
  • Ticker: SMPP
  • Exchange: CASE
  • Founded: NaN
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: ج.م943.272m
  • Shares outstanding: 13.10m

Location

  • Modern Shorouk Printing & Packaging
  • 8 Sebaweh El masry Street
  • Nasr City
  • Cairo
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:48
End of Day Share Price2021/10/25 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.