| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | ج.م100.67 |
| 52 Week High | ج.م85.00 |
| 52 Week Low | ج.م108.98 |
| Beta | 0.22 |
| 1 Month Change | 2.90% |
| 3 Month Change | 3.87% |
| 1 Year Change | -4.32% |
| 3 Year Change | -36.06% |
| 5 Year Change | 60.71% |
| Change since IPO | -3.69% |
Recent News & Updates
Shareholder Returns
| WCDF | EG Food | EG Market | |
|---|---|---|---|
| 7D | 2.3% | -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
| WCDF volatility | |
|---|---|
| WCDF Beta | 0.22 |
| Industry Beta | 0.55 |
| Market Beta | 1 |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1965 | n/a | Mohammed Abdul Al Saba | https://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
| WCDF fundamental statistics | |
|---|---|
| Market Cap | ج.م755.03m |
| Earnings (TTM) | ج.م191.02m |
| Revenue (TTM) | ج.م1.14b |
4.0x
P/E Ratio0.7x
P/S RatioIs WCDF overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WCDF income statement (TTM) | |
|---|---|
| Revenue | ج.م1.14b |
| Cost of Revenue | ج.م846.82m |
| Gross Profit | ج.م290.36m |
| Expenses | ج.م99.34m |
| Earnings | ج.م191.02m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 25.47 |
| Gross Margin | 25.53% |
| Net Profit Margin | 16.80% |
| Debt/Equity Ratio | 0.0% |
How did WCDF perform over the long term?
See historical performance and comparisonDividends
12.9%
Current Dividend Yield51%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/17 16:16 |
| End of Day Share Price | 2021/10/17 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.