| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
MILS Overview
North Cairo Flour Mills engages in the flour milling business in Egypt, and other Arabian and African countries.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ج.م23.07 |
| 52 Week High | ج.م14.01 |
| 52 Week Low | ج.م40.00 |
| Beta | 0.58 |
| 1 Month Change | -16.41% |
| 3 Month Change | -12.61% |
| 1 Year Change | 43.38% |
| 3 Year Change | -4.55% |
| 5 Year Change | 76.92% |
| Change since IPO | -58.59% |
Recent News & Updates
Shareholder Returns
| MILS | EG Food | EG Market | |
|---|---|---|---|
| 7D | 0% | -3.1% | -0.8% |
| 1Y | 43.4% | 0.05% | 11.1% |
Return vs Industry: MILS exceeded the EG Food industry which returned 0% over the past year.
Return vs Market: MILS exceeded the EG Market which returned 11.1% over the past year.
Price Volatility
| MILS volatility | |
|---|---|
| MILS Beta | 0.58 |
| Industry Beta | 0.55 |
| Market Beta | 1 |
Stable Share Price: MILS is more volatile than 75% of EG stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: MILS'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 |
|---|---|---|---|
| 1967 | n/a | Magdi El Boseely | https://www.northcairomills.com |
North Cairo Flour Mills engages in the flour milling business in Egypt, and other Arabian and African countries. The company’s products include bakers’, biscuit, cake, house hold, and fertificated flours; and pasta, as well as wheat germ, shorts, and bran. The company offers pasta under MINA and MOLINO brands.
North Cairo Flour Mills Fundamentals Summary
| MILS fundamental statistics | |
|---|---|
| Market Cap | ج.م246.85m |
| Earnings (TTM) | ج.م1.47m |
| Revenue (TTM) | ج.م552.16m |
168.4x
P/E Ratio0.4x
P/S RatioIs MILS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MILS income statement (TTM) | |
|---|---|
| Revenue | ج.م552.16m |
| Cost of Revenue | ج.م479.36m |
| Gross Profit | ج.م72.80m |
| Expenses | ج.م71.33m |
| Earnings | ج.م1.47m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.14 |
| Gross Margin | 13.18% |
| Net Profit Margin | 0.27% |
| Debt/Equity Ratio | 6.8% |
How did MILS perform over the long term?
See historical performance and comparisonDividends
2.2%
Current Dividend Yield385%
Payout RatioValuation
Is North Cairo Flour Mills undervalued compared to its fair value and its price relative to the market?
168.39x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MILS (EGP23.07) is trading above our estimate of fair value (EGP2.77)
Significantly Below Fair Value: MILS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MILS is poor value based on its PE Ratio (168.4x) compared to the EG Food industry average (12.8x).
PE vs Market: MILS is poor value based on its PE Ratio (168.4x) compared to the EG market (11.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MILS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MILS is good value based on its PB Ratio (1.3x) compared to the EG Food industry average (1.9x).
Future Growth
How is North Cairo Flour Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.1%
Forecasted Food, Beverage & Tobacco 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 North Cairo Flour Mills 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 North Cairo Flour Mills performed over the past 5 years?
-22.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MILS has a large one-off gain of EGP2.3M impacting its June 30 2021 financial results.
Growing Profit Margin: MILS's current net profit margins (0.3%) are lower than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: MILS's earnings have declined by 22.4% per year over the past 5 years.
Accelerating Growth: MILS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MILS had negative earnings growth (-91.6%) over the past year, making it difficult to compare to the Food industry average (4.9%).
Return on Equity
High ROE: MILS's Return on Equity (0.8%) is considered low.
Financial Health
How is North Cairo Flour Mills's financial position?
Financial Position Analysis
Short Term Liabilities: MILS's short term assets (EGP162.1M) exceed its short term liabilities (EGP155.4M).
Long Term Liabilities: MILS's short term assets (EGP162.1M) exceed its long term liabilities (EGP18.3M).
Debt to Equity History and Analysis
Debt Level: MILS's debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: MILS's debt to equity ratio has increased from 0.03% to 6.8% over the past 5 years.
Debt Coverage: MILS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MILS's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is North Cairo Flour Mills's current dividend yield, its reliability and sustainability?
2.17%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MILS's dividend (2.17%) isn’t notable compared to the bottom 25% of dividend payers in the EG market (2.67%).
High Dividend: MILS's dividend (2.17%) is low compared to the top 25% of dividend payers in the EG market (7.53%).
Stability and Growth of Payments
Stable Dividend: MILS has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: MILS has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (384.6%), MILS's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Magdi El Boseely
no data
Tenure
Mrs. Magdi El Shater El Boseely serves as the Chairman and Managing Director at North Cairo Flour Mills Company.
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.
Top Shareholders
Company Information
North Cairo Flour Mills's employee growth, exchange listings and data sources
Key Information
- Name: North Cairo Flour Mills
- Ticker: MILS
- Exchange: CASE
- Founded: 1967
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: ج.م246.849m
- Shares outstanding: 10.70m
- Website: https://www.northcairomills.com
Location
- North Cairo Flour Mills
- El Salam City
- Cairo
- Egypt
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/22 14:31 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.