Ezz Steel Company (S.A.E)

CASE:ESRS Stock Report

Market Cap: ج.م55.9b

Ezz Steel Company (S.A.E) Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: ESRS (EGP105) is trading above our estimate of fair value (EGP81.84)

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

Key Valuation Metric

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

Key metric: As ESRS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for ESRS. This is calculated by dividing ESRS's market cap by their current earnings.
What is ESRS's PE Ratio?
PE Ratio26.7x
Earningsج.م2.09b
Market Capج.م55.86b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ESRS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.3x
IRON Egyptian Iron and Steel
26.3xn/aج.م49.2b
ATQA Misr National Steel - Ataqa
7.5xn/aج.م6.3b
ISMQ Iron & Steel for Mines & Quarries
33xn/aج.م4.2b
ENGC Industrial Engineering Company for Construction and Development
10.6xn/aج.م3.5b
ESRS Ezz Steel Company (S.A.E)
26.7x35.7%ج.م55.9b

Price-To-Earnings vs Peers: ESRS is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the peer average (19.3x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ESRS 26.7xIndustry Avg. 11.0xNo. of Companies3PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ESRS is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the African Metals and Mining industry average (11x).

Price to Earnings Ratio vs Fair Ratio

What is ESRS'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.

ESRS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.7x
Fair PE Ratio13.6x

Price-To-Earnings vs Fair Ratio: ESRS is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).

Analyst Price Targets

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

The above table shows the analyst ESRS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentج.م105.00
ج.م108.08
+2.9%
14.4%ج.م120.21ج.م82.10n/a4
Dec ’25ج.م106.40
ج.م106.83
+0.4%
13.8%ج.م120.21ج.م82.10n/a4
Nov ’25ج.م111.00
ج.م107.48
-3.2%
12.3%ج.م120.21ج.م82.10n/a5
Oct ’25ج.م112.65
ج.م107.48
-4.6%
12.3%ج.م120.21ج.م82.10n/a5
Sep ’25ج.م106.11
ج.م109.74
+3.4%
8.2%ج.م120.21ج.م93.40n/a5
Aug ’25ج.م85.51
ج.م109.74
+28.3%
8.2%ج.م120.21ج.م93.40n/a5
Jul ’25ج.م83.39
ج.م104.44
+25.2%
8.9%ج.م115.00ج.م90.10n/a5
Jun ’25ج.م75.60
ج.م104.44
+38.2%
8.9%ج.م115.00ج.م90.10n/a5
May ’25ج.م58.46
ج.م96.70
+65.4%
19.9%ج.م115.00ج.م58.00n/a6
Apr ’25ج.م62.06
ج.م94.20
+51.8%
21.3%ج.م115.00ج.م58.00n/a5
Mar ’25ج.م78.50
ج.م94.20
+20.0%
21.3%ج.م115.00ج.م58.00n/a5
Feb ’25ج.م83.70
ج.م88.20
+5.4%
19.5%ج.م110.00ج.م58.00n/a5
Jan ’25ج.م92.00
ج.م88.20
-4.1%
19.5%ج.م110.00ج.م58.00n/a5
Dec ’24ج.م75.97
ج.م65.88
-13.3%
23.5%ج.م85.00ج.م45.00ج.م106.404
Nov ’24ج.م72.60
ج.م63.62
-12.4%
22.9%ج.م85.00ج.م45.00ج.م111.005
Oct ’24ج.م51.51
ج.م51.10
-0.8%
10.3%ج.م58.00ج.م45.00ج.م112.655
Sep ’24ج.م50.72
ج.م51.10
+0.7%
10.3%ج.م58.00ج.م45.00ج.م106.115
Aug ’24ج.م39.22
ج.م49.38
+25.9%
8.9%ج.م54.60ج.م45.00ج.م85.514
Jul ’24ج.م36.00
ج.م48.28
+34.1%
8.1%ج.م54.60ج.م45.00ج.م83.394
Jun ’24ج.م38.50
ج.م48.28
+25.4%
8.1%ج.م54.60ج.م45.00ج.م75.604
May ’24ج.م40.54
ج.م48.28
+19.1%
8.1%ج.م54.60ج.م45.00ج.م58.464
Apr ’24ج.م34.83
ج.م25.02
-28.2%
22.7%ج.م33.00ج.م20.30ج.م62.063
Mar ’24ج.م29.36
ج.م25.02
-14.8%
22.7%ج.م33.00ج.م20.30ج.م78.503
Feb ’24ج.م24.00
ج.م25.02
+4.2%
22.7%ج.م33.00ج.م20.30ج.م83.703
Jan ’24ج.م23.25
ج.م20.14
-13.4%
14.1%ج.م23.00ج.م15.50ج.م92.004
Dec ’23ج.م17.53
ج.م16.76
-4.4%
17.2%ج.م21.75ج.م14.80ج.م75.974

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:55
End of Day Share Price 2024/12/19 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ezz Steel Company (S.A.E) is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kais KriaaAlphaMena
Mahmoud GadArab African International Securities
Nour SherifArqaam Capital Research Offshore S.A.L.