New Risk • May 30
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.6% Last year net profit margin: 27% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (ج.م17m revenue, or US$324k). Minor Risks Profit margins are more than 30% lower than last year (8.6% net profit margin). Market cap is less than US$100m (ج.م2.04b market cap, or US$39.1m). Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Feb 10
Sharkia National Company for Food Security, Annual General Meeting, Mar 28, 2026 Sharkia National Company for Food Security, Annual General Meeting, Mar 28, 2026, at 11:00 Egypt Standard Time. Location: cairo Egypt Board Change • May 14
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Feb 10
Sharkia National Company for Food Security, Annual General Meeting, Mar 08, 2025 Sharkia National Company for Food Security, Annual General Meeting, Mar 08, 2025, at 12:00 Egypt Standard Time. Location: cairo Egypt Reported Earnings • May 12
First quarter 2024 earnings released First quarter 2024 results: Revenue: ج.م6.45m (down 27% from 1Q 2023). Net loss: ج.م3.66m (down ج.م3.88m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Full year 2023 earnings released: ج.م0.008 loss per share (vs ج.م0.031 loss in FY 2022) Full year 2023 results: ج.م0.008 loss per share. Revenue: ج.م26.9m (up 11% from FY 2022). Net loss: ج.م5.14m (loss widened 268% from FY 2022). Valuation Update With 7 Day Price Move • Jan 28
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ج.م1.04, the stock trades at a trailing P/E ratio of 77.3x. Average trailing P/E is 12x in the Food industry in Egypt. Total loss to shareholders of 14% over the past three years. New Risk • Dec 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Market cap is less than US$10m (ج.م114.1m market cap, or US$3.69m). New Risk • Jun 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 39% per year over the past 5 years. Revenue is less than US$1m (ج.م22m revenue, or US$713k). Market cap is less than US$10m (ج.م139.0m market cap, or US$4.49m). Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Large one-off items impacting financial results. Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improved over the past week After last week's 17% share price gain to ج.م1.03, the stock trades at a trailing P/E ratio of 75.1x. Average trailing P/E is 10x in the Food industry in Egypt. Total returns to shareholders of 201% over the past three years. Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: ج.م0.001 (vs ج.م0.002 loss in 2Q 2021) Second quarter 2022 results: EPS: ج.م0.001 (up from ج.م0.002 loss in 2Q 2021). Revenue: ج.م4.59m (up 216% from 2Q 2021). Net income: ج.م228.1k (up ج.م623.3k from 2Q 2021). Profit margin: 5.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Aug 21
Second quarter 2021 earnings released: ج.م0.003 loss per share (vs ج.م0.017 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: ج.م1.45m (down 81% from 2Q 2020). Net loss: ج.م395.2k (down 114% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ج.م1.26, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 15x in the Food industry in Egypt. Total returns to shareholders of 140% over the past three years. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 17% share price gain to ج.م12.68, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 11x in the Food industry in Egypt. Total returns to shareholders of 160% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 19% share price gain to ج.م10.73, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 12x in the Food industry in Egypt. Total returns to shareholders of 120% over the past three years. Reported Earnings • Mar 05
Full year 2020 earnings released: EPS ج.م0.54 (vs ج.م0.23 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ج.م22.6m (down 36% from FY 2019). Net income: ج.م10.2m (up ج.م14.0m from FY 2019). Profit margin: 45% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 15
New 90-day high: ج.م13.04 The company is up 49% from its price of ج.م8.77 on 17 November 2020. The Egyptian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 4.0% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: ج.م11.93 The company is up 64% from its price of ج.م7.28 on 28 October 2020. The Egyptian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 11
New 90-day high: ج.م11.22 The company is up 64% from its price of ج.م6.84 on 13 October 2020. The Egyptian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 1.0% over the same period. Valuation Update With 7 Day Price Move • Jan 04
Investor sentiment improved over the past week After last week's 18% share price gain to ج.م10.25, the stock is trading at a trailing P/E ratio of 18.8x, up from the previous P/E ratio of 15.9x. This compares to an average P/E of 13x in the Food industry in Egypt. Total returns to shareholders over the past three years are 109%. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ج.م8.50, the stock is trading at a trailing P/E ratio of 15.6x, down from the previous P/E ratio of 18.6x. This compares to an average P/E of 12x in the Food industry in Egypt. Total returns to shareholders over the past three years are 65%. Valuation Update With 7 Day Price Move • Dec 06
Market bids up stock over the past week After last week's 15% share price gain to ج.م9.80, the stock is trading at a trailing P/E ratio of 18x, up from the previous P/E ratio of 15.6x. This compares to an average P/E of 13x in the Food industry in Egypt. Total returns to shareholders over the past three years are 105%. Valuation Update With 7 Day Price Move • Nov 29
Market pulls back on stock over the past week After last week's 17% share price decline to ج.م8.56, the stock is trading at a trailing P/E ratio of 14.9x, down from the previous P/E ratio of 17.8x. This compares to an average P/E of 13x in the Food industry in Egypt. Total returns to shareholders over the past three years are 73%. Is New 90 Day High Low • Nov 17
New 90-day high: ج.م8.77 The company is up 56% from its price of ج.م5.61 on 19 August 2020. The Egyptian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 3.0% over the same period. Is New 90 Day High Low • Oct 14
New 90-day high: ج.م7.38 The company is up 73% from its price of ج.م4.27 on 16 July 2020. The Egyptian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 1.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day high: ج.م6.82 The company is up 39% from its price of ج.م4.91 on 25 June 2020. The Egyptian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is up 3.0% over the same period.