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EFIC

Egyptian Financial and Industrial SAECASE:EFIC Stock Report

Market Cap

ج.م940.9m

7D

2.9%

1Y

19.0%

Updated

14 Oct, 2021

Data

Company Financials +
EFIC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

EFIC Overview

Egyptian Financial and Industrial SAE produces and sells fertilizers in Egypt and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Egyptian Financial and Industrial SAE
Historical stock prices
Current Share Priceج.م13.20
52 Week Highج.م8.88
52 Week Lowج.م15.90
Beta0.99
1 Month Change-4.14%
3 Month Change-2.94%
1 Year Change19.03%
3 Year Change60.58%
5 Year Change113.89%
Change since IPO414.23%

Recent News & Updates

Shareholder Returns

EFICEG ChemicalsEG Market
7D2.9%7.1%1.4%
1Y19.0%36.7%8.2%

Return vs Industry: EFIC underperformed the EG Chemicals industry which returned 31.9% over the past year.

Return vs Market: EFIC exceeded the EG Market which returned 7.4% over the past year.

Price Volatility

Is EFIC's price volatile compared to industry and market?
EFIC volatility
EFIC Beta0.99
Industry Beta0.70
Market Beta1

Stable Share Price: EFIC is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EFIC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1929n/aAbdul Azim Al-Abbasihttps://www.efic-eg.com

Egyptian Financial and Industrial SAE produces and sells fertilizers in Egypt and internationally. It offers commercial sulphuric acid, sulfuric acid laboratory pure concentrate, modified phosphate fertilizer, modified monophosphate fertilizer, dilute sulfuric acid for batteries, sodium phosilicate, ferrous sulfate, and local market products. The company was founded in 1929 and is based in Suez, Egypt.

Egyptian Financial and Industrial SAE Fundamentals Summary

How do Egyptian Financial and Industrial SAE's earnings and revenue compare to its market cap?
EFIC fundamental statistics
Market Capج.م940.87m
Earnings (TTM)ج.م163.52m
Revenue (TTM)ج.م1.71b

5.9x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EFIC income statement (TTM)
Revenueج.م1.71b
Cost of Revenueج.م1.13b
Gross Profitج.م576.38m
Expensesج.م412.86m
Earningsج.م163.52m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.25
Gross Margin33.77%
Net Profit Margin9.58%
Debt/Equity Ratio75.8%

How did EFIC perform over the long term?

See historical performance and comparison

Valuation

Is Egyptian Financial and Industrial SAE undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EFIC (EGP13.2) is trading below our estimate of fair value (EGP84.84)

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


Price To Earnings Ratio

PE vs Industry: EFIC is good value based on its PE Ratio (5.9x) compared to the EG Chemicals industry average (8.9x).

PE vs Market: EFIC is good value based on its PE Ratio (5.9x) compared to the EG market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: EFIC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: EFIC is good value based on its PB Ratio (0.7x) compared to the EG Chemicals industry average (1.4x).


Future Growth

How is Egyptian Financial and Industrial SAE forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-1.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EFIC's earnings are forecast to decline over the next 3 years (-1.2% per year).

Earnings vs Market: EFIC's earnings are forecast to decline over the next 3 years (-1.2% per year).

High Growth Earnings: EFIC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: EFIC's revenue is expected to decline over the next 3 years (-0.2% per year).

High Growth Revenue: EFIC's revenue is forecast to decline over the next 3 years (-0.2% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EFIC's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Egyptian Financial and Industrial SAE performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EFIC has high quality earnings.

Growing Profit Margin: EFIC's current net profit margins (9.6%) are lower than last year (12%).


Past Earnings Growth Analysis

Earnings Trend: EFIC's earnings have grown by 10.4% per year over the past 5 years.

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

Earnings vs Industry: EFIC had negative earnings growth (-14.8%) over the past year, making it difficult to compare to the Chemicals industry average (30.4%).


Return on Equity

High ROE: EFIC's Return on Equity (12.4%) is considered low.


Financial Health

How is Egyptian Financial and Industrial SAE's financial position?


Financial Position Analysis

Short Term Liabilities: EFIC's short term assets (EGP1.5B) exceed its short term liabilities (EGP1.3B).

Long Term Liabilities: EFIC's short term assets (EGP1.5B) exceed its long term liabilities (EGP181.3M).


Debt to Equity History and Analysis

Debt Level: EFIC's debt to equity ratio (75.8%) is considered high.

Reducing Debt: EFIC's debt to equity ratio has increased from 56.9% to 75.8% over the past 5 years.

Debt Coverage: EFIC's debt is well covered by operating cash flow (34%).

Interest Coverage: EFIC's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


Dividend

What is Egyptian Financial and Industrial SAE current dividend yield, its reliability and sustainability?

6.14%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EFIC'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?

1.8yrs

Average management tenure


CEO

Abdul Azim Al-Abbasi

1.75yrs

Tenure

Mr. Abdul Azim Muhammad Al-Abbasi is Managing Director at Egyptian Financial and Industrial SAE since 2020 and serves as its Director and also served as its Chairman since 2020 until 2021


Leadership Team

Experienced Management: EFIC's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


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

Egyptian Financial and Industrial SAE's employee growth, exchange listings and data sources


Key Information

  • Name: Egyptian Financial and Industrial SAE
  • Ticker: EFIC
  • Exchange: CASE
  • Founded: 1929
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ج.م940.874m
  • Shares outstanding: 72.77m
  • Website: https://www.efic-eg.com

Location

  • Egyptian Financial and Industrial SAE
  • 1st Econmic Zone North West Suez Gulf
  • AL Ein AL Soukhna Area
  • Suez
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 15:41
End of Day Share Price2021/10/14 00:00
Earnings2021/03/31
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.