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SPIN

Alexandria Spinning & WeavingCASE:SPIN Stock Report

Market Cap

ج.م571.7m

7D

-4.6%

1Y

20.7%

Updated

17 Oct, 2021

Data

Company Financials
SPIN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

SPIN Overview

Alexandria Spinning & Weaving Co. operates as a spinning company primarily in Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for Alexandria Spinning & Weaving
Historical stock prices
Current Share Priceج.م1.79
52 Week Highج.م1.22
52 Week Lowج.م3.00
Beta0.21
1 Month Change-12.88%
3 Month Change11.14%
1 Year Change20.68%
3 Year Change0.11%
5 Year Change126.08%
Change since IPO-95.48%

Recent News & Updates

Shareholder Returns

SPINEG LuxuryEG Market
7D-4.6%-1.2%1.3%
1Y20.7%-25.0%10.0%

Return vs Industry: SPIN exceeded the EG Luxury industry which returned -26.2% over the past year.

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

Price Volatility

Is SPIN's price volatile compared to industry and market?
SPIN volatility
SPIN Beta0.21
Industry Beta1.02
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1947n/aRefaat Helalhttps://www.spinalex.com

Alexandria Spinning & Weaving Co. operates as a spinning company primarily in Egypt. The company offers compact, gassed, final and coarse combed, and carded yarns. It also exports its cotton yarns to European and Arab countries, as well as to the United States, Canada, and the Far East.

Alexandria Spinning & Weaving Fundamentals Summary

How do Alexandria Spinning & Weaving's earnings and revenue compare to its market cap?
SPIN fundamental statistics
Market Capج.م571.70m
Earnings (TTM)-ج.م41.88m
Revenue (TTM)ج.م120.64m

4.7x

P/S Ratio

-13.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SPIN income statement (TTM)
Revenueج.م120.64m
Cost of Revenueج.م122.78m
Gross Profit-ج.م2.14m
Expensesج.م39.74m
Earnings-ج.م41.88m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin-1.77%
Net Profit Margin-34.71%
Debt/Equity Ratio12.4%

How did SPIN perform over the long term?

See historical performance and comparison

Valuation

Is Alexandria Spinning & Weaving undervalued compared to its fair value and its price relative to the market?

1.02x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SPIN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SPIN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SPIN is unprofitable, so we can't compare its PE Ratio to the Global Luxury industry average.

PE vs Market: SPIN is unprofitable, so we can't compare its PE Ratio to the EG market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SPIN's PB Ratio (1x) is in line with the EG Luxury industry average.


Future Growth

How is Alexandria Spinning & Weaving forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.8%

Forecasted Consumer Durables 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 Alexandria Spinning & Weaving 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 Alexandria Spinning & Weaving performed over the past 5 years?

-35.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SPIN is currently unprofitable.

Growing Profit Margin: SPIN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SPIN is unprofitable, and losses have increased over the past 5 years at a rate of 35.5% per year.

Accelerating Growth: Unable to compare SPIN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SPIN is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (48.8%).


Return on Equity

High ROE: SPIN has a negative Return on Equity (-7.42%), as it is currently unprofitable.


Financial Health

How is Alexandria Spinning & Weaving's financial position?


Financial Position Analysis

Short Term Liabilities: SPIN's short term assets (EGP243.1M) exceed its short term liabilities (EGP126.0M).

Long Term Liabilities: SPIN's short term assets (EGP243.1M) exceed its long term liabilities (EGP28.2M).


Debt to Equity History and Analysis

Debt Level: SPIN's debt to equity ratio (12.4%) is considered satisfactory.

Reducing Debt: SPIN's debt to equity ratio has reduced from 28.5% to 12.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SPIN has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: SPIN has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 36.1% each year


Dividend

What is Alexandria Spinning & Weaving current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if SPIN'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 SPIN'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

Refaat Helal (74 yo)

no data

Tenure

Eng. Refaat Helal serves as the Chief Executive Officer of Spinalex at Arabia Cotton Ginning Company. Eng. Helal serves as the Chairman of the Board and Managing Director of Alexandria Spinning & Weaving -...


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

Alexandria Spinning & Weaving Co.'s employee growth, exchange listings and data sources


Key Information

  • Name: Alexandria Spinning & Weaving Co.
  • Ticker: SPIN
  • Exchange: CASE
  • Founded: 1947
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ج.م571.703m
  • Shares outstanding: 320.64m
  • Website: https://www.spinalex.com

Location

  • Alexandria Spinning & Weaving Co.
  • El Bar el Kebly
  • El Mahmoudeia
  • Alexandria
  • 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 Earnings2021/06/30


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.