Obour Land for Food IndustriesE (CASE:OLFI) - Share price, News & Analysis

OLFI fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

OLFI Overview

Obour Land for Food Industries S.A.E. manufactures, markets, and distributes a range of carton packed and plastic tub white cheese products in Egypt.

Rewards

Trading at 42.5% below our estimate of its fair value

Risk Analysis

No risks detected for OLFI from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Obour Land for Food IndustriesE
Historical stock prices
Current Share Price	ج.م5.11
52 Week High	ج.م5.00
52 Week Low	ج.م8.23
Beta	0.73
1 Month Change	-4.49%
3 Month Change	-7.76%
1 Year Change	-8.42%
3 Year Change	-45.90%
5 Year Change	n/a
Change since IPO	9.54%

Shareholder Returns

	OLFI	EG Food	EG Market
7D	-0.6%	-3.1%	-0.8%
1Y	-8.4%	0.05%	11.1%

Return vs Industry: OLFI underperformed the EG Food industry which returned -1.2% over the past year.

Return vs Market: OLFI underperformed the EG Market which returned 9.2% over the past year.

Price Volatility

Is OLFI's price volatile compared to industry and market?
OLFI volatility
OLFI Beta	0.73
Industry Beta	0.55
Market Beta	1

Stable Share Price: OLFI is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

Founded	Employees	CEO	Website
1995	n/a	Mohamed Hamed Mohamed Shreef	https://www.obourland.com

Obour Land for Food Industries S.A.E. manufactures, markets, and distributes a range of carton packed and plastic tub white cheese products in Egypt. It offers feta, Istanbuly, double cream, olive, khazeen, talaga, barameely, chilli, and spread cheese products, as well as milk and fruit juices under the Obour Land brand name. The company was founded in 1995 and is based in El Obour, Egypt.

Obour Land for Food IndustriesE Fundamentals Summary

How do Obour Land for Food IndustriesE's earnings and revenue compare to its market cap?
OLFI fundamental statistics
Market Cap	ج.م2.04b
Earnings (TTM)	ج.م275.22m
Revenue (TTM)	ج.م2.79b

7.4x

P/E Ratio

0.7x

P/S Ratio

Is OLFI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
OLFI income statement (TTM)
Revenue	ج.م2.79b
Cost of Revenue	ج.م2.14b
Gross Profit	ج.م656.24m
Expenses	ج.م381.01m
Earnings	ج.م275.22m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.69
Gross Margin	23.49%
Net Profit Margin	9.85%
Debt/Equity Ratio	27.5%

How did OLFI perform over the long term?

See historical performance and comparison

Valuation

Is Obour Land for Food IndustriesE undervalued compared to its fair value and its price relative to the market?

42.5%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: OLFI (EGP5.11) is trading below our estimate of fair value (EGP8.89)

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

Price To Earnings Ratio

PE vs Industry: OLFI is good value based on its PE Ratio (7.4x) compared to the EG Food industry average (12.8x).

PE vs Market: OLFI is good value based on its PE Ratio (7.4x) compared to the EG market (11.6x).

Price to Earnings Growth Ratio

PEG Ratio: OLFI is good value based on its PEG Ratio (0.9x)

Price to Book Ratio

PB vs Industry: OLFI is overvalued based on its PB Ratio (2.6x) compared to the EG Food industry average (1.9x).

Future Growth

How is Obour Land for Food IndustriesE forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

8.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OLFI's forecast earnings growth (8.6% per year) is below the savings rate (9.1%).

Earnings vs Market: OLFI's earnings (8.6% per year) are forecast to grow slower than the EG market (14.5% per year).

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

Revenue vs Market: OLFI's revenue (7.4% per year) is forecast to grow slower than the EG market (9.9% per year).

High Growth Revenue: OLFI's revenue (7.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OLFI's Return on Equity is forecast to be high in 3 years time (35.7%)

Past Performance

How has Obour Land for Food IndustriesE performed over the past 5 years?

12.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OLFI has high quality earnings.

Growing Profit Margin: OLFI's current net profit margins (9.9%) are lower than last year (10.7%).

Past Earnings Growth Analysis

Earnings Trend: OLFI's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: OLFI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: OLFI had negative earnings growth (-3.1%) over the past year, making it difficult to compare to the Food industry average (4.9%).

Return on Equity

High ROE: OLFI's Return on Equity (39.3%) is considered high.

Financial Health

How is Obour Land for Food IndustriesE's financial position?

Financial Position Analysis

Short Term Liabilities: OLFI's short term assets (EGP571.5M) exceed its short term liabilities (EGP343.4M).

Long Term Liabilities: OLFI's short term assets (EGP571.5M) exceed its long term liabilities (EGP160.6M).

Debt to Equity History and Analysis

Debt Level: OLFI's debt to equity ratio (27.5%) is considered satisfactory.

Reducing Debt: OLFI's debt to equity ratio has reduced from 54.4% to 27.5% over the past 5 years.

Debt Coverage: OLFI's debt is well covered by operating cash flow (213.7%).

Interest Coverage: OLFI's interest payments on its debt are well covered by EBIT (23.7x coverage).

Balance Sheet

Dividend

What is Obour Land for Food IndustriesE current dividend yield, its reliability and sustainability?

11.28%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate OLFI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OLFI'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 OLFI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if OLFI's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: OLFI is not paying a notable dividend for the EG market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of OLFI's dividend in 3 years as they are not forecast to pay a notable one for the EG market.

Next Steps

Explore strong dividend paying companies in the Food, Beverage & Tobacco industry.

Management

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

CEO

Mohamed Hamed Mohamed Shreef (76 yo)

no data

Tenure

Mr. Mohamed Hamed Mohamed Ibrahim Shreef serves as Chairman and Managing Director of Obour Land For Food Industries.

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.

Data	Last Updated (UTC time)
Company Analysis	2021/10/21 14:32
End of Day Share Price	2021/10/20 00:00
Earnings	2021/06/30
Annual Earnings	2020/12/31

Market Cap

7D

1Y

Updated

Data