Al Ahly for Development & Investment (CASE:AFDI) - Share price, News & Analysis

AFDI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	1/6
Dividends	0/6

AFDI Overview

Al Ahly for Development & Investment provides non-banking financial services in Egypt.

Risk Analysis

Earnings have declined by 26.2% per year over past 5 years

Interest payments are not well covered by earnings

Volatile share price over the past 3 months

Does not have meaningful revenue (EGP64M)

+ 1 more risk

Price History & Performance

Summary of all time highs, changes and price drops for Al Ahly for Development & Investment
Historical stock prices
Current Share Price	ج.م20.52
52 Week High	ج.م13.02
52 Week Low	ج.م33.78
Beta	1.2
1 Month Change	-10.20%
3 Month Change	-2.05%
1 Year Change	36.44%
3 Year Change	193.14%
5 Year Change	347.06%
Change since IPO	427.51%

Shareholder Returns

	AFDI	EG Capital Markets	EG Market
7D	-0.7%	-21.0%	1.3%
1Y	36.4%	-7.5%	10.0%

Return vs Industry: AFDI exceeded the EG Capital Markets industry which returned -7.5% over the past year.

Return vs Market: AFDI exceeded the EG Market which returned 10% over the past year.

Price Volatility

Is AFDI's price volatile compared to industry and market?
AFDI volatility
AFDI Beta	1.2
Industry Beta	0.84
Market Beta	1

Stable Share Price: AFDI is more volatile than 75% of EG stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: AFDI's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of EG stocks.

About the Company

Founded	Employees	CEO	Website
1995	n/a	Tawfik El Din Diab	https://www.adi-alahly.com

Al Ahly for Development & Investment provides non-banking financial services in Egypt. The company offers corporate finance solutions, including capital raising, private placement, merger and acquisition/financial advisory, and project finance. It also provides investment banking services; collaborates in investment opportunities with clients that need financial assistance by using various investment strategies, such as leveraged buyouts, venture capital, growth capital, distressed investment, and mezzanine capital; and offers asset management services.

Al Ahly for Development & Investment Fundamentals Summary

How do Al Ahly for Development & Investment's earnings and revenue compare to its market cap?
AFDI fundamental statistics
Market Cap	ج.م369.36m
Earnings (TTM)	ج.م9.63m
Revenue (TTM)	ج.م64.48m

38.4x

P/E Ratio

5.7x

P/S Ratio

Is AFDI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AFDI income statement (TTM)
Revenue	ج.م64.48m
Cost of Revenue	ج.م0
Gross Profit	ج.م64.48m
Expenses	ج.م54.85m
Earnings	ج.م9.63m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.54
Gross Margin	100.00%
Net Profit Margin	14.94%
Debt/Equity Ratio	345.5%

How did AFDI perform over the long term?

See historical performance and comparison

Valuation

Is Al Ahly for Development & Investment undervalued compared to its fair value and its price relative to the market?

38.35x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

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

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

Price To Earnings Ratio

PE vs Industry: AFDI is poor value based on its PE Ratio (38.4x) compared to the EG Capital Markets industry average (12.9x).

PE vs Market: AFDI is poor value based on its PE Ratio (38.4x) compared to the EG market (12.2x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: AFDI is overvalued based on its PB Ratio (1.4x) compared to the EG Capital Markets industry average (1.3x).

Future Growth

How is Al Ahly for Development & Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.5%

Forecasted Diversified Financials 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 Al Ahly for Development & Investment 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 Al Ahly for Development & Investment performed over the past 5 years?

-26.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AFDI has high quality earnings.

Growing Profit Margin: AFDI's current net profit margins (14.9%) are higher than last year (10.1%).

Past Earnings Growth Analysis

Earnings Trend: AFDI's earnings have declined by 26.2% per year over the past 5 years.

Accelerating Growth: AFDI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AFDI had negative earnings growth (-10.6%) over the past year, making it difficult to compare to the Capital Markets industry average (41.7%).

Return on Equity

High ROE: AFDI's Return on Equity (3.5%) is considered low.

Financial Health

How is Al Ahly for Development & Investment's financial position?

Financial Position Analysis

Short Term Liabilities: AFDI's short term assets (EGP205.2M) exceed its short term liabilities (EGP96.7M).

Long Term Liabilities: AFDI's short term assets (EGP205.2M) do not cover its long term liabilities (EGP859.7M).

Debt to Equity History and Analysis

Debt Level: AFDI's debt to equity ratio (345.5%) is considered high.

Reducing Debt: AFDI's debt to equity ratio has increased from 174.7% to 345.5% over the past 5 years.

Debt Coverage: AFDI's debt is not well covered by operating cash flow (17.1%).

Interest Coverage: AFDI's interest payments on its debt are not well covered by EBIT (1.5x coverage).

Balance Sheet

Dividend

What is Al Ahly for Development & Investment current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AFDI'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 AFDI's dividend in 3 years as they are not forecast to pay a notable one for the EG market.

Next Steps

Explore strong dividend paying companies in the Diversified Financials industry.

Management

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

CEO

Tawfik El Din Diab

no data

Tenure

Mr. Tawfik Salah El Din Diab serves as the Vice Chairman and Managing Director of El Ahli Investment and Development and of ADI-AlAhly, Investment Arm since 2008. Mr. El Din Diab is designing and managing...

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.

Data	Last Updated (UTC time)
Company Analysis	2021/10/18 21:40
End of Day Share Price	2021/10/18 00:00
Earnings	2021/06/30
Annual Earnings	2020/12/31

Market Cap

7D

1Y

Updated

Data