Export Development Bank of Egypt (S.A.E.) provides various corporate banking products and services, and loan syndication products to small and medium-size enterprises, individuals, exporters, and financial institutions in Egypt.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م9.08|
|52 Week High||ج.م8.92|
|52 Week Low||ج.م14.57|
|1 Month Change||-11.42%|
|3 Month Change||-11.50%|
|1 Year Change||-18.08%|
|3 Year Change||23.68%|
|5 Year Change||50.29%|
|Change since IPO||5.24%|
Recent News & Updates
|EXPA||EG Diversified Financial||EG Market|
Return vs Industry: EXPA underperformed the EG Diversified Financial industry which returned 1.5% over the past year.
Return vs Market: EXPA underperformed the EG Market which returned 12.4% over the past year.
Stable Share Price: EXPA is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: EXPA's weekly volatility (5%) has been stable over the past year.
About the Company
Export Development Bank of Egypt (S.A.E.) provides various corporate banking products and services, and loan syndication products to small and medium-size enterprises, individuals, exporters, and financial institutions in Egypt. It offers current and saving accounts, time deposits, and certificates of deposit; and medium term and short-term lending to finance working capital requirements, as well as pharmacist, doctor, and personal loans. The company also provides credit and debit cards; online banking services; and treasury services, such as foreign exchange transactions, daily market report services, and money market services.
Export Development Bank of Egypt (S.A.E.) Fundamentals Summary
|EXPA fundamental statistics|
Is EXPA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EXPA income statement (TTM)|
|Cost of Revenue||ج.م0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.09|
|Net Profit Margin||29.48%|
How did EXPA perform over the long term?See historical performance and comparison
Is Export Development Bank of Egypt (S.A.E.) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EXPA (EGP9.08) is trading below our estimate of fair value (EGP20.14)
Significantly Below Fair Value: EXPA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EXPA is good value based on its PE Ratio (4.3x) compared to the EG Diversified Financial industry average (8.6x).
PE vs Market: EXPA is good value based on its PE Ratio (4.3x) compared to the EG market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: EXPA is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: EXPA is good value based on its PB Ratio (0.5x) compared to the EG Diversified Financial industry average (1.1x).
How is Export Development Bank of Egypt (S.A.E.) forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EXPA's forecast earnings growth (22.7% per year) is above the savings rate (9.1%).
Earnings vs Market: EXPA's earnings (22.7% per year) are forecast to grow faster than the EG market (13.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: EXPA's revenue (27.3% per year) is forecast to grow faster than the EG market (9.8% per year).
High Growth Revenue: EXPA's revenue (27.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EXPA's Return on Equity is forecast to be low in 3 years time (16.2%).
How has Export Development Bank of Egypt (S.A.E.) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EXPA has a high level of non-cash earnings.
Growing Profit Margin: EXPA's current net profit margins (29.5%) are lower than last year (43%).
Past Earnings Growth Analysis
Earnings Trend: EXPA's earnings have grown by 16.6% per year over the past 5 years.
Accelerating Growth: EXPA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: EXPA had negative earnings growth (-37%) over the past year, making it difficult to compare to the Diversified Financial industry average (32.9%).
Return on Equity
High ROE: EXPA's Return on Equity (10.6%) is considered low.
How is Export Development Bank of Egypt (S.A.E.)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: EXPA's Assets to Equity ratio (10.7x) is moderate.
Allowance for Bad Loans: EXPA has a sufficient allowance for bad loans (144%).
Low Risk Liabilities: 95% of EXPA's liabilities are made up of primarily low risk sources of funding.
Loan Level: EXPA has an appropriate level of Loans to Assets ratio (53%).
Low Risk Deposits: EXPA's Loans to Deposits ratio (62%) is appropriate.
Level of Bad Loans: EXPA has a high level of bad loans (2.1%).
What is Export Development Bank of Egypt (S.A.E.) current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EXPA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EXPA'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 EXPA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EXPA'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 EXPA's dividend in 3 years as they are not forecast to pay a notable one for the EG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Export Development Bank of Egypt (S.A.E.) has no CEO, or we have no data on them.
Experienced Management: EXPA's management team is considered experienced (2.8 years average tenure).
Experienced Board: EXPA's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Export Development Bank of Egypt (S.A.E.)'s employee growth, exchange listings and data sources
- Name: Export Development Bank of Egypt (S.A.E.)
- Ticker: EXPA
- Exchange: CASE
- Founded: NaN
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: ج.م2.982b
- Shares outstanding: 327.36m
- Website: https://www.ebebank.com
Number of Employees
- Export Development Bank of Egypt (S.A.E.)
- 78, South Teseen Street
- City Center
- New Cairo
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:19|
|End of Day Share Price||2021/10/26 00:00|
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.