Middle Egypt Flour Mills produces and sells flour products.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م33.45|
|52 Week High||ج.م25.00|
|52 Week Low||ج.م34.48|
|1 Month Change||7.90%|
|3 Month Change||4.50%|
|1 Year Change||11.72%|
|3 Year Change||-18.24%|
|5 Year Change||121.23%|
|Change since IPO||28.41%|
Recent News & Updates
|CEFM||EG Food||EG Market|
Return vs Industry: CEFM exceeded the EG Food industry which returned 0.8% over the past year.
Return vs Market: CEFM matched the EG Market which returned 12.2% over the past year.
Stable Share Price: CEFM is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CEFM's weekly volatility (3%) has been stable over the past year.
About the Company
Middle Egypt Flour Mills produces and sells flour products. It offers flour for the production of bread; fine flour for the production of French bread and sweets; Mona Lisa pasta shapes; bran for use in making animal feed production; Alsimolina; Sen to produce bread for diabetics; and Jenin grain of wheat for producing pharmaceuticals. The company was founded in 1967 and is based in Minya, Egypt.
Middle Egypt Flour Mills Fundamentals Summary
|CEFM fundamental statistics|
Is CEFM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CEFM income statement (TTM)|
|Cost of Revenue||ج.م290.58m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||7.02|
|Net Profit Margin||19.13%|
How did CEFM perform over the long term?See historical performance and comparison
Is Middle Egypt Flour Mills 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: CEFM (EGP33.45) is trading below our estimate of fair value (EGP94.35)
Significantly Below Fair Value: CEFM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CEFM is good value based on its PE Ratio (4.8x) compared to the African Food industry average (13.7x).
PE vs Market: CEFM is good value based on its PE Ratio (4.8x) compared to the EG market (8.8x).
Price to Earnings Growth Ratio
PEG Ratio: CEFM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CEFM's PB Ratio (1.1x) is in line with the XF Food industry average.
How is Middle Egypt Flour Mills forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CEFM's earnings are forecast to decline over the next 3 years (-36.1% per year).
Earnings vs Market: CEFM's earnings are forecast to decline over the next 3 years (-36.1% per year).
High Growth Earnings: CEFM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CEFM's revenue (1.5% per year) is forecast to grow slower than the EG market (9.9% per year).
High Growth Revenue: CEFM's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CEFM's Return on Equity is forecast to be low in 3 years time (17.4%).
How has Middle Egypt Flour Mills performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CEFM has high quality earnings.
Growing Profit Margin: CEFM's current net profit margins (19.1%) are higher than last year (17.9%).
Past Earnings Growth Analysis
Earnings Trend: CEFM's earnings have declined by 0.3% per year over the past 5 years.
Accelerating Growth: CEFM's earnings growth over the past year (4.9%) exceeds its 5-year average (-0.3% per year).
Earnings vs Industry: CEFM earnings growth over the past year (4.9%) underperformed the Food industry 4.9%.
Return on Equity
High ROE: CEFM's Return on Equity (23.8%) is considered high.
How is Middle Egypt Flour Mills's financial position?
Financial Position Analysis
Short Term Liabilities: CEFM's short term assets (EGP540.7M) exceed its short term liabilities (EGP301.0M).
Long Term Liabilities: CEFM's short term assets (EGP540.7M) exceed its long term liabilities (EGP32.9M).
Debt to Equity History and Analysis
Debt Level: CEFM's debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: CEFM's debt to equity ratio has reduced from 3.8% to 1.9% over the past 5 years.
Debt Coverage: CEFM's debt is well covered by operating cash flow (2799.4%).
Interest Coverage: CEFM earns more interest than it pays, so coverage of interest payments is not a concern.
What is Middle Egypt Flour Mills's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CEFM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CEFM'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 CEFM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CEFM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CEFM is not paying a notable dividend for the EG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CEFM'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?
Eng. Mohamed Mahmud Elgbaly serves as Chairman and Managing Director of Middle Egypt Flour Mills Co. Eng. Elgbaly served as Head of the Bany suef sector and Director General of Technical Affairs and produc...
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.
Middle Egypt Flour Mills's employee growth, exchange listings and data sources
- Name: Middle Egypt Flour Mills
- Ticker: CEFM
- Exchange: CASE
- Founded: 1967
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: ج.م492.482m
- Shares outstanding: 14.72m
- Website: https://www.mefm-company.com
- Middle Egypt Flour Mills
- cornech Elnill
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:47|
|End of Day Share Price||2021/10/25 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.