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WCDF

Middle & West Delta Flour MillsCASE:WCDF Stock Report

Market Cap

ج.م755.0m

7D

2.3%

1Y

-4.3%

Updated

17 Oct, 2021

Data

Company Financials
WCDF fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

WCDF Overview

Middle & West Delta Flour Mills engages in the manufacture, storage, trading, importing, and exporting of grain, and its products and alternatives.

Price History & Performance

Summary of all time highs, changes and price drops for Middle & West Delta Flour Mills
Historical stock prices
Current Share Priceج.م100.67
52 Week Highج.م85.00
52 Week Lowج.م108.98
Beta0.22
1 Month Change2.90%
3 Month Change3.87%
1 Year Change-4.32%
3 Year Change-36.06%
5 Year Change60.71%
Change since IPO-3.69%

Recent News & Updates

Shareholder Returns

WCDFEG FoodEG Market
7D2.3%-0.7%1.3%
1Y-4.3%-0.2%10.0%

Return vs Industry: WCDF underperformed the EG Food industry which returned -0.5% over the past year.

Return vs Market: WCDF underperformed the EG Market which returned 8.2% over the past year.

Price Volatility

Is WCDF's price volatile compared to industry and market?
WCDF volatility
WCDF Beta0.22
Industry Beta0.55
Market Beta1

Stable Share Price: WCDF is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: WCDF's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965n/aMohammed Abdul Al Sabahttps://www.delta-mills.com

Middle & West Delta Flour Mills engages in the manufacture, storage, trading, importing, and exporting of grain, and its products and alternatives. The company provides bread, nashef, foodstuffs in general, yeast, ice, refrigeration and freezing, fodder, and their substances/ingredients; and pasta. It also offers packaging supplies.

Middle & West Delta Flour Mills Fundamentals Summary

How do Middle & West Delta Flour Mills's earnings and revenue compare to its market cap?
WCDF fundamental statistics
Market Capج.م755.03m
Earnings (TTM)ج.م191.02m
Revenue (TTM)ج.م1.14b

4.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WCDF income statement (TTM)
Revenueج.م1.14b
Cost of Revenueج.م846.82m
Gross Profitج.م290.36m
Expensesج.م99.34m
Earningsج.م191.02m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)25.47
Gross Margin25.53%
Net Profit Margin16.80%
Debt/Equity Ratio0.0%

How did WCDF perform over the long term?

See historical performance and comparison

Dividends

12.9%

Current Dividend Yield

51%

Payout Ratio

Valuation

Is Middle & West Delta Flour Mills undervalued compared to its fair value and its price relative to the market?

39.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WCDF (EGP100.67) is trading below our estimate of fair value (EGP165.07)

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


Price To Earnings Ratio

PE vs Industry: WCDF is good value based on its PE Ratio (4x) compared to the EG Food industry average (13.2x).

PE vs Market: WCDF is good value based on its PE Ratio (4x) compared to the EG market (12.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WCDF is good value based on its PB Ratio (1.2x) compared to the EG Food industry average (1.9x).


Future Growth

How is Middle & West Delta Flour Mills forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

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 Middle & West Delta 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 Middle & West Delta Flour Mills performed over the past 5 years?

-0.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WCDF has high quality earnings.

Growing Profit Margin: WCDF's current net profit margins (16.8%) are higher than last year (16.1%).


Past Earnings Growth Analysis

Earnings Trend: WCDF's earnings have declined by 0.8% per year over the past 5 years.

Accelerating Growth: WCDF's earnings growth over the past year (5.7%) exceeds its 5-year average (-0.8% per year).

Earnings vs Industry: WCDF earnings growth over the past year (5.7%) exceeded the Food industry 4.9%.


Return on Equity

High ROE: WCDF's Return on Equity (30.8%) is considered high.


Financial Health

How is Middle & West Delta Flour Mills's financial position?


Financial Position Analysis

Short Term Liabilities: WCDF's short term assets (EGP1.1B) exceed its short term liabilities (EGP815.9M).

Long Term Liabilities: WCDF's short term assets (EGP1.1B) exceed its long term liabilities (EGP20.6M).


Debt to Equity History and Analysis

Debt Level: WCDF is debt free.

Reducing Debt: WCDF has no debt compared to 5 years ago when its debt to equity ratio was 91%.

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

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


Balance Sheet


Dividend

What is Middle & West Delta Flour Mills's current dividend yield, its reliability and sustainability?

12.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: WCDF's dividend (12.91%) is higher than the bottom 25% of dividend payers in the EG market (2.69%).

High Dividend: WCDF's dividend (12.91%) is in the top 25% of dividend payers in the EG market (7.43%)


Stability and Growth of Payments

Stable Dividend: WCDF has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: WCDF's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (51%), WCDF's dividend payments are 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

Mohammed Abdul Al Saba

no data

Tenure

Engineer Mohammed Abdul Gaffar Al saba serves as Chairman and Managing Director of Middle & West Delta Flour Mills Co.


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

Middle & West Delta Flour Mills's employee growth, exchange listings and data sources


Key Information

  • Name: Middle & West Delta Flour Mills
  • Ticker: WCDF
  • Exchange: CASE
  • Founded: 1965
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ج.م755.025m
  • Shares outstanding: 7.50m
  • Website: https://www.delta-mills.com

Location

  • Middle & West Delta Flour Mills
  • 9 1 Al-Galaa Street
  • next to the Traffic Department
  • Tanta
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 16:16
End of Day Share Price2021/10/17 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.