e-finance for Digital and Financial InvestmentsE Valuation

Q: What is the Fair Price of EFIH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

EFIH (EGP20.29) is trading above our estimate of [[fair value]] (EGP0.66)

Is EFIH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of EFIH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EFIH (EGP20.29) is trading above our estimate of fair value (EGP0.66)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EFIH?

Key metric: As EFIH is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EFIH. This is calculated by dividing EFIH's market cap by their current earnings.
What is EFIH's PE Ratio?
PE Ratio	32x
Earnings	ج.م1.46b
Market Cap	ج.م46.63b

EFIH key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	9.6x
Enterprise Value/EBITDA	27.7x
PEG Ratio	1.1x

Price to Earnings Ratio vs Peers

How does EFIH's PE Ratio compare to its peers?

The above table shows the PE ratio for EFIH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	9.6x
FWRY Fawry for Banking Technology and Electronic PaymentsE	22.3x	27.4%	ج.م27.6b
EXPA Export Development Bank of Egypt (S.A.E.)	3.5x	7.5%	ج.م17.8b
HRHO EFG Holding	6.8x	10.6%	ج.م28.2b
EKHO Egypt Kuwait Holding Company (S.A.E.)	5.8x	16.7%	US$851.7m
EFIH e-finance for Digital and Financial InvestmentsE	32x	27.9%	ج.م46.6b

Price-To-Earnings vs Peers: EFIH is expensive based on its Price-To-Earnings Ratio (32x) compared to the peer average (9.6x).

Price to Earnings Ratio vs Industry

How does EFIH's PE Ratio compare vs other companies in the African Diversified Financial Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: EFIH is expensive based on its Price-To-Earnings Ratio (32x) compared to the African Diversified Financial industry average (8.4x).

Price to Earnings Ratio vs Fair Ratio

What is EFIH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EFIH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	32x
Fair PE Ratio	18.5x

Price-To-Earnings vs Fair Ratio: EFIH is expensive based on its Price-To-Earnings Ratio (32x) compared to the estimated Fair Price-To-Earnings Ratio (18.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EFIH forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	ج.م20.29	ج.م24.99 +23.2%	17.5%	ج.م28.28	ج.م18.80	n/a	3
Nov ’25	ج.م21.49	ج.م24.99 +16.3%	17.5%	ج.م28.28	ج.م18.80	n/a	3
Oct ’25	ج.م23.25	ج.م23.54 +1.2%	20.1%	ج.م28.28	ج.م18.80	n/a	2
Jul ’25	ج.م21.28	ج.م18.85 -11.4%	0.4%	ج.م18.96	ج.م18.80	n/a	3
Jun ’25	ج.م19.39	ج.م18.85 -2.8%	0.4%	ج.م18.96	ج.م18.80	n/a	3
May ’25	ج.م18.97	ج.م18.85 -0.6%	0.4%	ج.م18.96	ج.م18.80	n/a	3
Apr ’25	ج.م18.47	ج.م18.85 +2.1%	0.4%	ج.م18.96	ج.م18.80	n/a	3
Mar ’25	ج.م17.25	ج.م18.85 +9.3%	0.4%	ج.م18.96	ج.م18.80	n/a	3
Feb ’25	ج.م14.22	ج.م18.85 +32.5%	0.4%	ج.م18.96	ج.م18.80	n/a	3
Jan ’25	ج.م14.00	ج.م18.68 +33.4%	1.6%	ج.م18.96	ج.م18.16	n/a	4
Dec ’24	ج.م14.18	ج.م18.59 +31.1%	1.6%	ج.م18.80	ج.م18.16	n/a	3
Nov ’24	ج.م14.54	ج.م18.59 +27.9%	1.6%	ج.م18.80	ج.م18.16	ج.م21.49	3
Oct ’24	ج.م14.62	ج.م18.59 +27.2%	1.6%	ج.م18.80	ج.م18.16	ج.م23.25	3
Sep ’24	ج.م14.02	ج.م18.59 +32.6%	1.6%	ج.م18.80	ج.م18.16	ج.م23.20	3
Aug ’24	ج.م14.34	ج.م18.48 +28.8%	1.7%	ج.م18.80	ج.م18.16	ج.م25.21	2
Jul ’24	ج.م13.65	ج.م18.48 +35.4%	1.7%	ج.م18.80	ج.م18.16	ج.م21.28	2
Apr ’24	ج.م13.79	ج.م17.92 +29.9%	4.9%	ج.م18.80	ج.م17.04	ج.م18.47	2
Mar ’24	ج.م14.88	ج.م17.92 +20.4%	4.9%	ج.م18.80	ج.م17.04	ج.م17.25	2
Feb ’24	ج.م14.00	ج.م17.92 +28.0%	4.9%	ج.م18.80	ج.م17.04	ج.م14.22	2
Jan ’24	ج.م15.21	ج.م17.92 +17.8%	4.9%	ج.م18.80	ج.م17.04	ج.م14.00	2
Dec ’23	ج.م14.37	ج.م17.62 +22.7%	3.3%	ج.م18.21	ج.م17.04	ج.م14.18	2
Nov ’23	ج.م12.82	ج.م17.62 +37.5%	3.3%	ج.م18.21	ج.م17.04	ج.م14.54	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.