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CIRA

Cairo for Investment & Real Estate DevelopmentECASE:CIRA Stock Report

Market Cap

ج.م6.7b

7D

-4.6%

1Y

-19.3%

Updated

17 Oct, 2021

Data

Company Financials +
CIRA fundamental analysis
Snowflake Score
Valuation3/6
Future Growth6/6
Past Performance6/6
Financial Health2/6
Dividends0/6

CIRA Overview

Cairo for Investment & Real Estate Development SAE owns and manages schools under the Futures Schools brand in Egypt and the Middle East.

Price History & Performance

Summary of all time highs, changes and price drops for Cairo for Investment & Real Estate DevelopmentE
Historical stock prices
Current Share Priceج.م11.26
52 Week Highج.م10.72
52 Week Lowج.م15.80
Beta0.95
1 Month Change-9.92%
3 Month Change-5.30%
1 Year Change-19.28%
3 Year Change60.40%
5 Year Changen/a
Change since IPO103.25%

Recent News & Updates

Shareholder Returns

CIRAEG Consumer ServicesEG Market
7D-4.6%2.0%1.3%
1Y-19.3%27.2%10.0%

Return vs Industry: CIRA underperformed the EG Consumer Services industry which returned 28.2% over the past year.

Return vs Market: CIRA underperformed the EG Market which returned 8.2% over the past year.

Price Volatility

Is CIRA's price volatile compared to industry and market?
CIRA volatility
CIRA Beta0.95
Industry Beta0.89
Market Beta1

Stable Share Price: CIRA is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CIRA's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1992n/aMohamed El Kallahttps://www.cairoinvest.com.eg

Cairo for Investment & Real Estate Development SAE owns and manages schools under the Futures Schools brand in Egypt and the Middle East. It also provides educational management and support services, such as visibility studies, drafting goals, curriculum and bylaws, staff selection, training, assessment, and professional development to administration, directors, professors, and teachers; and university education services. In addition, the company offers health maintenance programs for groups, students, tourists, families, and individuals; and organizational development and consultancy services to hospitals, medical institutions, and other organizations.

Cairo for Investment & Real Estate DevelopmentE Fundamentals Summary

How do Cairo for Investment & Real Estate DevelopmentE's earnings and revenue compare to its market cap?
CIRA fundamental statistics
Market Capج.م6.70b
Earnings (TTM)ج.م309.47m
Revenue (TTM)ج.م1.37b

21.2x

P/E Ratio

4.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CIRA income statement (TTM)
Revenueج.م1.37b
Cost of Revenueج.م573.82m
Gross Profitج.م792.51m
Expensesج.م483.04m
Earningsج.م309.47m

Last Reported Earnings

May 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.53
Gross Margin58.00%
Net Profit Margin22.65%
Debt/Equity Ratio84.1%

How did CIRA perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

27%

Payout Ratio

Valuation

Is Cairo for Investment & Real Estate DevelopmentE undervalued compared to its fair value and its price relative to the market?

22.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CIRA (EGP11.26) is trading below our estimate of fair value (EGP14.58)

Significantly Below Fair Value: CIRA is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CIRA is poor value based on its PE Ratio (21.2x) compared to the African Consumer Services industry average (17.2x).

PE vs Market: CIRA is poor value based on its PE Ratio (21.2x) compared to the EG market (12.3x).


Price to Earnings Growth Ratio

PEG Ratio: CIRA is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: CIRA is overvalued based on its PB Ratio (4.9x) compared to the XF Consumer Services industry average (1.8x).


Future Growth

How is Cairo for Investment & Real Estate DevelopmentE forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

28.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIRA's forecast earnings growth (28.1% per year) is above the savings rate (9.1%).

Earnings vs Market: CIRA's earnings (28.1% per year) are forecast to grow faster than the EG market (14.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CIRA's revenue (22.6% per year) is forecast to grow faster than the EG market (9.9% per year).

High Growth Revenue: CIRA's revenue (22.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CIRA's Return on Equity is forecast to be high in 3 years time (31%)


Past Performance

How has Cairo for Investment & Real Estate DevelopmentE performed over the past 5 years?

32.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CIRA has high quality earnings.

Growing Profit Margin: CIRA's current net profit margins (22.6%) are higher than last year (21.4%).


Past Earnings Growth Analysis

Earnings Trend: CIRA's earnings have grown significantly by 32.5% per year over the past 5 years.

Accelerating Growth: CIRA's earnings growth over the past year (37.1%) exceeds its 5-year average (32.5% per year).

Earnings vs Industry: CIRA earnings growth over the past year (37.1%) exceeded the Consumer Services industry 36%.


Return on Equity

High ROE: CIRA's Return on Equity (27.2%) is considered high.


Financial Health

How is Cairo for Investment & Real Estate DevelopmentE's financial position?


Financial Position Analysis

Short Term Liabilities: CIRA's short term assets (EGP745.6M) do not cover its short term liabilities (EGP829.4M).

Long Term Liabilities: CIRA's short term assets (EGP745.6M) do not cover its long term liabilities (EGP1.3B).


Debt to Equity History and Analysis

Debt Level: CIRA's debt to equity ratio (84.1%) is considered high.

Reducing Debt: CIRA's debt to equity ratio has increased from 49.3% to 84.1% over the past 5 years.

Debt Coverage: CIRA's debt is well covered by operating cash flow (62.8%).

Interest Coverage: CIRA's interest payments on its debt are well covered by EBIT (6.6x coverage).


Balance Sheet


Dividend

What is Cairo for Investment & Real Estate DevelopmentE current dividend yield, its reliability and sustainability?

1.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CIRA's dividend (1.52%) isn’t notable compared to the bottom 25% of dividend payers in the EG market (2.69%).

High Dividend: CIRA's dividend (1.52%) is low compared to the top 25% of dividend payers in the EG market (7.43%).


Stability and Growth of Payments

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

Growing Dividend: CIRA 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: CIRA is not paying a notable dividend for the EG market.


Future Payout to Shareholders

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

Mohamed El Kalla

no data

Tenure

Mr. Mohamed Hassan El Kalla serves as Chief Executive Officer and Director at Cairo for Investment & Real Estate Development SAE and served as its Managing Director until March 2021. Mr. El Kalla was initi...


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

Cairo for Investment & Real Estate Development S.A.E.'s employee growth, exchange listings and data sources


Key Information

  • Name: Cairo for Investment & Real Estate Development S.A.E.
  • Ticker: CIRA
  • Exchange: CASE
  • Founded: 1992
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: ج.م6.702b
  • Shares outstanding: 582.79m
  • Website: https://www.cairoinvest.com.eg

Location

  • Cairo for Investment & Real Estate Development S.A.E.
  • 36 El Sheikh Ahmed El Sawi St.
  • 6th Region
  • Cairo
  • 81624
  • 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
Earnings2021/05/31
Annual Earnings2020/08/31


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.