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MILS

North Cairo Flour MillsCASE:MILS Stock Report

Market Cap

ج.م246.8m

7D

0%

1Y

43.4%

Updated

22 Oct, 2021

Data

Company Financials
MILS fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

MILS Overview

North Cairo Flour Mills engages in the flour milling business in Egypt, and other Arabian and African countries.

Price History & Performance

Summary of all time highs, changes and price drops for North Cairo Flour Mills
Historical stock prices
Current Share Priceج.م23.07
52 Week Highج.م14.01
52 Week Lowج.م40.00
Beta0.58
1 Month Change-16.41%
3 Month Change-12.61%
1 Year Change43.38%
3 Year Change-4.55%
5 Year Change76.92%
Change since IPO-58.59%

Recent News & Updates

Shareholder Returns

MILSEG FoodEG Market
7D0%-3.1%-0.8%
1Y43.4%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

Is MILS's price volatile compared to industry and market?
MILS volatility
MILS Beta0.58
Industry Beta0.55
Market Beta1

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

FoundedEmployeesCEOWebsite
1967n/aMagdi El Boseelyhttps://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

How do North Cairo Flour Mills's earnings and revenue compare to its market cap?
MILS fundamental statistics
Market Capج.م246.85m
Earnings (TTM)ج.م1.47m
Revenue (TTM)ج.م552.16m

168.4x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MILS income statement (TTM)
Revenueج.م552.16m
Cost of Revenueج.م479.36m
Gross Profitج.م72.80m
Expensesج.م71.33m
Earningsج.م1.47m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin13.18%
Net Profit Margin0.27%
Debt/Equity Ratio6.8%

How did MILS perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

385%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 14:31
End of Day Share Price2021/10/20 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.