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EGAL

Egypt Aluminum CASE:EGAL Stock Report

Last Price

ج.م19.01

Market Cap

ج.م7.8b

7D

-6.5%

1Y

-27.3%

Updated

23 Sep, 2022

Data

Company Financials +
EGAL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

EGAL Stock Overview

Egypt Aluminum produces and sells aluminum products.

Egypt Aluminum Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Egypt Aluminum
Historical stock prices
Current Share Priceج.م19.01
52 Week Highج.م31.60
52 Week Lowج.م13.60
Beta1.15
1 Month Change10.20%
3 Month Change23.20%
1 Year Change-27.33%
3 Year Change67.05%
5 Year Change-54.39%
Change since IPO295.74%

Recent News & Updates

Shareholder Returns

EGALEG Metals and MiningEG Market
7D-6.5%-5.4%-1.2%
1Y-27.3%1.4%-12.6%

Return vs Industry: EGAL underperformed the EG Metals and Mining industry which returned 1.4% over the past year.

Return vs Market: EGAL underperformed the EG Market which returned -12.1% over the past year.

Price Volatility

Is EGAL's price volatile compared to industry and market?
EGAL volatility
EGAL Average Weekly Movement6.4%
Metals and Mining Industry Average Movement6.4%
Market Average Movement5.9%
10% most volatile stocks in EG Market9.9%
10% least volatile stocks in EG Market3.2%

Stable Share Price: EGAL is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: EGAL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19695,243n/ahttps://www.egyptalum.com.eg

Egypt Aluminum produces and sells aluminum products. Its products include roaster charcoal, anodic blocks, aluminum alloy, T-bar and templates, cylinders, aluminum alloy, and wires. The company also offers cold rolled products comprising of coils, tread plates, embossed, sheets, discs, and squares, as well as provides hot rolled products.

Egypt Aluminum Fundamentals Summary

How do Egypt Aluminum's earnings and revenue compare to its market cap?
EGAL fundamental statistics
Market Capج.م7.84b
Earnings (TTM)ج.م2.50b
Revenue (TTM)ج.م14.48b

3.1x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EGAL income statement (TTM)
Revenueج.م14.48b
Cost of Revenueج.م10.96b
Gross Profitج.م3.52b
Other Expensesج.م1.02b
Earningsج.م2.50b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)6.06
Gross Margin24.29%
Net Profit Margin17.27%
Debt/Equity Ratio26.7%

How did EGAL perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is EGAL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EGAL?

Other financial metrics that can be useful for relative valuation.

EGAL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA2.7x
PEG Ratio-0.05x

Price to Earnings Ratio vs Peers

How does EGAL's PE Ratio compare to its peers?

EGAL PE Ratio vs Peers
The above table shows the PE ratio for EGAL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average4x
ALUM Arab Aluminum Company (S.A.E)
7.4xn/aج.م155.2m
ESRS Ezz Steel Company (S.A.E)
1.6x-40.9%ج.م7.3b
IRAX Al Ezz Dekheila Steel Company - AlexandriaE
2.2xn/aج.م12.9b
AMOC Alexandria Mineral Oils
5x19.7%ج.م5.3b
EGAL Egypt Aluminum
3.1x-58.7%ج.م7.8b

Price-To-Earnings vs Peers: EGAL is good value based on its Price-To-Earnings Ratio (3.1x) compared to the peer average (4x).


Price to Earnings Ratio vs Industry

How does EGAL's PE Ratio compare vs other companies in the African Metals and Mining Industry?

Price-To-Earnings vs Industry: EGAL is good value based on its Price-To-Earnings Ratio (3.1x) compared to the African Metals and Mining industry average (5.7x)


Price to Earnings Ratio vs Fair Ratio

What is EGAL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EGAL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.1x
Fair PE Ratio1.9x

Price-To-Earnings vs Fair Ratio: EGAL is expensive based on its Price-To-Earnings Ratio (3.1x) compared to the estimated Fair Price-To-Earnings Ratio (1.9x).


Share Price vs Fair Value

What is the Fair Price of EGAL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EGAL (EGP19.01) is trading below our estimate of fair value (EGP39.94)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

How is Egypt Aluminum forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-58.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EGAL's earnings are forecast to decline over the next 3 years (-58.7% per year).

Earnings vs Market: EGAL's earnings are forecast to decline over the next 3 years (-58.7% per year).

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

Revenue vs Market: EGAL's revenue (5.3% per year) is forecast to grow slower than the EG market (10.5% per year).

High Growth Revenue: EGAL's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EGAL's Return on Equity is forecast to be low in 3 years time (9.3%).


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Past Performance

How has Egypt Aluminum performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-27.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EGAL has a high level of non-cash earnings.

Growing Profit Margin: EGAL's current net profit margins (17.3%) are higher than last year (0.2%).


Past Earnings Growth Analysis

Earnings Trend: EGAL's earnings have declined by 27.9% per year over the past 5 years.

Accelerating Growth: EGAL's earnings growth over the past year (9747.2%) exceeds its 5-year average (-27.9% per year).

Earnings vs Industry: EGAL earnings growth over the past year (9747.2%) exceeded the Metals and Mining industry -4.5%.


Return on Equity

High ROE: EGAL's Return on Equity (32.3%) is considered high.


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Financial Health

How is Egypt Aluminum's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EGAL's short term assets (EGP10.6B) exceed its short term liabilities (EGP5.1B).

Long Term Liabilities: EGAL's short term assets (EGP10.6B) exceed its long term liabilities (EGP162.4M).


Debt to Equity History and Analysis

Debt Level: EGAL has more cash than its total debt.

Reducing Debt: EGAL's debt to equity ratio has increased from 5% to 26.7% over the past 5 years.

Debt Coverage: EGAL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: EGAL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Egypt Aluminum current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


4.60%

Forecast Dividend Yield

Dividend Yield vs Market

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

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

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


Earnings Payout to Shareholders

Earnings Coverage: EGAL is not paying a notable dividend for the EG market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EGAL has not reported any payouts.


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Management

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


CEO

Egypt Aluminum has no CEO, or we have no data on them.


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

Top 3 shareholders own 92.5% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
92.04%
Metallurgical Industries Co.
379,653,435EGP7.2b0%no data
0.37%
Norges Bank Investment Management
1,543,485EGP29.3m0%no data
0.088%
Azimut (DIFC) Limited, Asset Management Arm
361,805EGP6.9m-12.98%2.07%

Company Information

Egypt Aluminum's employee growth, exchange listings and data sources


Key Information

  • Name: Egypt Aluminum
  • Ticker: EGAL
  • Exchange: CASE
  • Founded: 1969
  • Industry: Aluminum
  • Sector: Materials
  • Implied Market Cap: ج.م7.842b
  • Shares outstanding: 412.50m
  • Website: https://www.egyptalum.com.eg

Number of Employees


Location

  • Egypt Aluminum
  • Qena Governorate
  • Nag Hammadi
  • Egypt


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EGALCASE (Cairo and Alexandria Stock Exchange)YesCommon StockEGEGPApr 1999

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/23 00:00
End of Day Share Price2022/09/22 00:00
Earnings2022/06/30
Annual Earnings2022/06/30


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.