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ASCM

ASEC Company for Mining ASCOMECASE:ASCM Stock Report

Market Cap

ج.م433.4m

7D

-9.1%

1Y

9.1%

Updated

26 Oct, 2021

Data

Company Financials
ASCM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

ASCM Overview

ASEC Company for Mining ASCOM, S.A.E. operates as a geology, mining, and manufacturing company in Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for ASEC Company for Mining ASCOME
Historical stock prices
Current Share Priceج.م7.80
52 Week Highج.م6.13
52 Week Lowج.م12.95
Beta1.42
1 Month Change-17.29%
3 Month Change-23.75%
1 Year Change9.09%
3 Year Change11.91%
5 Year Change78.49%
Change since IPO41.96%

Recent News & Updates

Shareholder Returns

ASCMEG Metals and MiningEG Market
7D-9.1%-8.0%3.0%
1Y9.1%5.8%12.4%

Return vs Industry: ASCM exceeded the EG Metals and Mining industry which returned 5.8% over the past year.

Return vs Market: ASCM underperformed the EG Market which returned 12.4% over the past year.

Price Volatility

Is ASCM's price volatile compared to industry and market?
ASCM volatility
ASCM Beta1.42
Industry Beta1.15
Market Beta1

Stable Share Price: ASCM is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: ASCM's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1975n/aFayez Gresshttps://www.ascom.com.eg

ASEC Company for Mining ASCOM, S.A.E. operates as a geology, mining, and manufacturing company in Egypt. The company offers glass sand, gypsum, and calcium carbonate. It also provides geological and geological and geotechnical investigation, geophysical study, survey and drilling work, mining planning, quarry management, and blasting services.

ASEC Company for Mining ASCOME Fundamentals Summary

How do ASEC Company for Mining ASCOME's earnings and revenue compare to its market cap?
ASCM fundamental statistics
Market Capج.م433.40m
Earnings (TTM)-ج.م47.58m
Revenue (TTM)ج.م922.76m

0.5x

P/S Ratio

-9.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASCM income statement (TTM)
Revenueج.م922.76m
Cost of Revenueج.م719.37m
Gross Profitج.م203.39m
Expensesج.م250.97m
Earnings-ج.م47.58m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.87
Gross Margin22.04%
Net Profit Margin-5.16%
Debt/Equity Ratio-802.8%

How did ASCM perform over the long term?

See historical performance and comparison

Valuation

Is ASEC Company for Mining ASCOME undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: ASCM (EGP7.8) is trading above our estimate of fair value (EGP0.1)

Significantly Below Fair Value: ASCM is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ASCM is unprofitable, so we can't compare its PE Ratio to the African Metals and Mining industry average.

PE vs Market: ASCM is unprofitable, so we can't compare its PE Ratio to the EG market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ASCM has negative assets, so we can't compare its PB Ratio to the XF Metals and Mining industry average.


Future Growth

How is ASEC Company for Mining ASCOME forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-7.2%

Forecasted Materials 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 ASEC Company for Mining ASCOME 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 ASEC Company for Mining ASCOME performed over the past 5 years?

19.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASCM is currently unprofitable.

Growing Profit Margin: ASCM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ASCM is unprofitable, but has reduced losses over the past 5 years at a rate of 19.2% per year.

Accelerating Growth: Unable to compare ASCM's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ASCM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (212.9%).


Return on Equity

High ROE: ASCM's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is ASEC Company for Mining ASCOME's financial position?


Financial Position Analysis

Short Term Liabilities: ASCM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ASCM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ASCM has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ASCM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable ASCM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: ASCM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34% per year.


Dividend

What is ASEC Company for Mining ASCOME current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Fayez Gress

no data

Tenure

Mr. Fayez Habib Gress serves as the Chairman and Managing Director at ASEC Company for Mining ASCOM, S.A.E.


Leadership Team

Experienced Management: ASCM's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: ASCM's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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

ASEC Company for Mining ASCOM, S.A.E's employee growth, exchange listings and data sources


Key Information

  • Name: ASEC Company for Mining ASCOM, S.A.E
  • Ticker: ASCM
  • Exchange: CASE
  • Founded: 1975
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: ج.م433.400m
  • Shares outstanding: 55.00m
  • Website: https://www.ascom.com.eg

Location

  • ASEC Company for Mining ASCOM, S.A.E
  • 26. Street 265
  • New Maadi
  • Cairo
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:20
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.