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EAST

Eastern Company S. A. ECASE:EAST Stock Report

Market Cap

ج.م26.5b

7D

-2.1%

1Y

-0.8%

Updated

24 Oct, 2021

Data

Company Financials +
EAST fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends5/6

EAST Overview

Eastern Company S.A.E. manufactures and trades in tobacco products in Egypt.

Eastern Company S. A. E Competitors

Philip Morris International

NYSE:PM

US$151.0b

British American Tobacco

LSE:BATS

UK£59.5b

Imperial Brands

LSE:IMB

UK£14.8b

Price History & Performance

Summary of all time highs, changes and price drops for Eastern Company S. A. E
Historical stock prices
Current Share Priceج.م11.89
52 Week Highج.م10.17
52 Week Lowج.م15.39
Beta0.67
1 Month Change-2.70%
3 Month Change1.11%
1 Year Change-0.83%
3 Year Change-23.54%
5 Year Change155.68%
Change since IPO2,254.46%

Recent News & Updates

Shareholder Returns

EASTEG TobaccoEG Market
7D-2.1%-0.7%-0.7%
1Y-0.8%5.7%12.2%

Return vs Industry: EAST underperformed the EG Tobacco industry which returned 6.2% over the past year.

Return vs Market: EAST underperformed the EG Market which returned 11.1% over the past year.

Price Volatility

Is EAST's price volatile compared to industry and market?
EAST volatility
EAST Beta0.67
Industry Beta0.63
Market Beta1

Stable Share Price: EAST is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EAST's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1920n/aHany Amanhttps://www.easternegypt.com

Eastern Company S.A.E. manufactures and trades in tobacco products in Egypt. The company offers cigarettes, cigars, and moassel products, as well as water pipe tobacco, pipe tobacco, Tuscani cigar, cut rag tobacco, etc. It also exports its products to Malawi, Madagascar, Kuwait, Qatar, Lebanon, Bahrain, Jordan, Saudi Arabia, the United Arab Emirates, Libya, Iraq, Oman, Germany, Austria, Malaysia, Japan, Thailand, the Unites States, and Canada. The company was incorporated in 1920 and is based in Giza, Egypt.

Eastern Company S. A. E Fundamentals Summary

How do Eastern Company S. A. E's earnings and revenue compare to its market cap?
EAST fundamental statistics
Market Capج.م26.54b
Earnings (TTM)ج.م3.87b
Revenue (TTM)ج.م16.02b

0x

P/E Ratio

0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EAST income statement (TTM)
Revenueج.م16.02b
Cost of Revenueج.م9.25b
Gross Profitج.م6.77b
Expensesج.م2.90b
Earningsج.م3.87b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin42.24%
Net Profit Margin24.14%
Debt/Equity Ratio0.0%

How did EAST perform over the long term?

See historical performance and comparison

Dividends

12.6%

Current Dividend Yield

86%

Payout Ratio

Valuation

Is Eastern Company S. A. E undervalued compared to its fair value and its price relative to the market?

44.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EAST (EGP11.89) is trading below our estimate of fair value (EGP21.26)

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


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate EAST's PE Ratio to determine if it is good value compared to the Global Tobacco industry average.

PE vs Market: Insufficient data to calculate EAST's PE Ratio to determine if it is good value compared to the EG market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: Insufficient data to calculate EAST's PB Ratio to determine if it is good value.


Future Growth

How is Eastern Company S. A. E forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

9.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EAST's forecast earnings growth (9.6% per year) is above the savings rate (9.1%).

Earnings vs Market: EAST's earnings (9.6% per year) are forecast to grow slower than the EG market (13% per year).

High Growth Earnings: EAST's earnings are forecast to grow, but not significantly.

Revenue vs Market: EAST's revenue (6% per year) is forecast to grow slower than the EG market (9.9% per year).

High Growth Revenue: EAST's revenue (6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EAST's Return on Equity is forecast to be high in 3 years time (36.8%)


Past Performance

How has Eastern Company S. A. E performed over the past 5 years?

13.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EAST has high quality earnings.

Growing Profit Margin: EAST's current net profit margins (24.1%) are higher than last year (23.6%).


Past Earnings Growth Analysis

Earnings Trend: EAST's earnings have grown by 13.2% per year over the past 5 years.

Accelerating Growth: EAST's earnings growth over the past year (13.2%) exceeds its 5-year average (13.2% per year).

Earnings vs Industry: EAST earnings growth over the past year (13.2%) exceeded the Tobacco industry 6.8%.


Return on Equity

High ROE: EAST's Return on Equity (34.8%) is considered high.


Financial Health

How is Eastern Company S. A. E's financial position?


Financial Position Analysis

Short Term Liabilities: EAST's short term assets (EGP10.6B) exceed its short term liabilities (EGP8.9B).

Long Term Liabilities: EAST's short term assets (EGP10.6B) exceed its long term liabilities (EGP604.0M).


Debt to Equity History and Analysis

Debt Level: EAST is debt free.

Reducing Debt: EAST has no debt compared to 5 years ago when its debt to equity ratio was 7.2%.

Debt Coverage: EAST has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: EAST has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Eastern Company S. A. E current dividend yield, its reliability and sustainability?

12.62%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EAST's dividend (12.62%) is higher than the bottom 25% of dividend payers in the EG market (2.69%).

High Dividend: EAST's dividend (12.62%) is in the top 25% of dividend payers in the EG market (7.87%)


Stability and Growth of Payments

Stable Dividend: EAST's dividend payments have been volatile in the past 10 years.

Growing Dividend: EAST's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (85.7%), EAST's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EAST's dividends in 3 years are forecast to be covered by earnings (69.8% payout ratio).


Next Steps

Management

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


CEO

Hany Aman

no data

Tenure

Mr. Hany Aman has been Managing Director, CEO and Director of Eastern Company S. A. E.


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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Eastern Company S. A. E.'s employee growth, exchange listings and data sources


Key Information

  • Name: Eastern Company S. A. E.
  • Ticker: EAST
  • Exchange: CASE
  • Founded: 1920
  • Industry: Tobacco
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ج.م26.540b
  • Shares outstanding: 2.23b
  • Website: https://www.easternegypt.com

Location

  • Eastern Company S. A. E.
  • Plot Numbers 1 (87 to 98)
  • Fifth Zone
  • Giza
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 15:57
End of Day Share Price2021/10/24 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.