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
6/6Valuation Score 6/6
Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales 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 (EGP60.5) is trading below our estimate of fair value (EGP107.27)
Significantly Below Fair Value: ESRS is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ESRS?
Other financial metrics that can be useful for relative valuation.
| What is ESRS's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | ج.م32.24b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.6x |
| Enterprise Value/EBITDA | 2.4x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does ESRS's PS Ratio compare to its peers?
| Company | Forward PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 2.3x | ||
IRON Egyptian Iron and Steel | 7x | n/a | ج.م15.6b |
IRAX Al Ezz Dekheila Steel Company - AlexandriaE | 0.3x | n/a | ج.م24.4b |
ATQA Misr National Steel - Ataqa | 1.4x | n/a | ج.م3.7b |
ENGC Industrial Engineering Company for Construction and Development | 0.8x | n/a | ج.م2.4b |
ESRS Ezz Steel Company (S.A.E) | 0.2x | 9.3% | ج.م32.2b |
Price-To-Sales vs Peers: ESRS is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (2.3x).
Price to Earnings Ratio vs Industry
How does ESRS's PE Ratio compare vs other companies in the African Metals and Mining Industry?
Price-To-Sales vs Industry: ESRS is good value based on its Price-To-Sales Ratio (0.2x) compared to the African Metals and Mining industry average (1.4x).
Price to Sales Ratio vs Fair Ratio
What is ESRS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.2x |
| Fair PS Ratio | 1.1x |
Price-To-Sales vs Fair Ratio: ESRS is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (1.1x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | ج.م60.50 | ج.م104.44 +72.6% | 8.9% | ج.م115.00 | ج.م90.10 | n/a | 5 |
| Apr ’25 | ج.م62.06 | ج.م94.20 +51.8% | 21.3% | ج.م115.00 | ج.م58.00 | n/a | 5 |
| Mar ’25 | ج.م78.50 | ج.م94.20 +20.0% | 21.3% | ج.م115.00 | ج.م58.00 | n/a | 5 |
| Feb ’25 | ج.م83.70 | ج.م88.20 +5.4% | 19.5% | ج.م110.00 | ج.م58.00 | n/a | 5 |
| Jan ’25 | ج.م92.00 | ج.م88.20 -4.1% | 19.5% | ج.م110.00 | ج.م58.00 | n/a | 5 |
| Dec ’24 | ج.م75.97 | ج.م65.88 -13.3% | 23.5% | ج.م85.00 | ج.م45.00 | n/a | 4 |
| Nov ’24 | ج.م72.60 | ج.م63.62 -12.4% | 22.9% | ج.م85.00 | ج.م45.00 | n/a | 5 |
| Oct ’24 | ج.م51.51 | ج.م51.10 -0.8% | 10.3% | ج.م58.00 | ج.م45.00 | n/a | 5 |
| Sep ’24 | ج.م50.72 | ج.م51.10 +0.7% | 10.3% | ج.م58.00 | ج.م45.00 | n/a | 5 |
| Aug ’24 | ج.م39.22 | ج.م49.38 +25.9% | 8.9% | ج.م54.60 | ج.م45.00 | n/a | 4 |
| Jul ’24 | ج.م36.00 | ج.م48.28 +34.1% | 8.1% | ج.م54.60 | ج.م45.00 | n/a | 4 |
| Jun ’24 | ج.م38.50 | ج.م48.28 +25.4% | 8.1% | ج.م54.60 | ج.م45.00 | n/a | 4 |
| May ’24 | ج.م40.54 | ج.م48.28 +19.1% | 8.1% | ج.م54.60 | ج.م45.00 | ج.م58.46 | 4 |
| Apr ’24 | ج.م34.83 | ج.م25.02 -28.2% | 22.7% | ج.م33.00 | ج.م20.30 | ج.م62.06 | 3 |
| Mar ’24 | ج.م29.36 | ج.م25.02 -14.8% | 22.7% | ج.م33.00 | ج.م20.30 | ج.م78.50 | 3 |
| Feb ’24 | ج.م24.00 | ج.م25.02 +4.2% | 22.7% | ج.م33.00 | ج.م20.30 | ج.م83.70 | 3 |
| Jan ’24 | ج.م23.25 | ج.م20.14 -13.4% | 14.1% | ج.م23.00 | ج.م15.50 | ج.م92.00 | 4 |
| Dec ’23 | ج.م17.53 | ج.م16.76 -4.4% | 17.2% | ج.م21.75 | ج.م14.80 | ج.م75.97 | 4 |
| Nov ’23 | ج.م16.90 | ج.م16.76 -0.8% | 17.2% | ج.م21.75 | ج.م14.80 | ج.م72.60 | 4 |
| Oct ’23 | ج.م14.03 | ج.م16.89 +20.4% | 16.7% | ج.م21.75 | ج.م14.80 | ج.م51.51 | 4 |
| Sep ’23 | ج.م12.78 | ج.م16.89 +32.1% | 16.7% | ج.م21.75 | ج.م14.80 | ج.م50.72 | 4 |
| Aug ’23 | ج.م12.10 | ج.م16.94 +40.0% | 16.4% | ج.م21.75 | ج.م15.00 | ج.م39.22 | 4 |
| Jul ’23 | ج.م11.20 | ج.م15.33 +36.9% | 26.5% | ج.م21.75 | ج.م8.90 | ج.م36.00 | 5 |
| Jun ’23 | ج.م12.48 | ج.م13.33 +6.8% | 20.4% | ج.م16.00 | ج.م8.90 | ج.م38.50 | 4 |
| May ’23 | ج.م14.71 | ج.م13.33 -9.4% | 20.4% | ج.م16.00 | ج.م8.90 | ج.م40.54 | 4 |
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.