Ezz Steel Company, together with its subsidiaries, produces and sells long and flat steel products in the Middle East and North Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م16.35|
|52 Week High||ج.م6.32|
|52 Week Low||ج.م16.75|
|1 Month Change||22.66%|
|3 Month Change||20.93%|
|1 Year Change||132.58%|
|3 Year Change||-14.40%|
|5 Year Change||133.57%|
|Change since IPO||79.28%|
Recent News & Updates
|ESRS||EG Metals and Mining||EG Market|
Return vs Industry: ESRS exceeded the EG Metals and Mining industry which returned 5.8% over the past year.
Return vs Market: ESRS exceeded the EG Market which returned 12.4% over the past year.
Stable Share Price: ESRS is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ESRS's weekly volatility (7%) has been stable over the past year.
About the Company
Ezz Steel Company, together with its subsidiaries, produces and sells long and flat steel products in the Middle East and North Africa. The company offers plain and deformed steel rebars for various applications; wire rods for use in construction, engineering, and manufacturing applications; hot rolled flat steel products for use in industrial, commercial, and domestic applications; and welded steel fabric used for concrete structures in the construction industry. It exports its steel products to various countries worldwide.
Ezz Steel Fundamentals Summary
|ESRS fundamental statistics|
Is ESRS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ESRS income statement (TTM)|
|Cost of Revenue||ج.م43.69b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.58|
|Net Profit Margin||0.60%|
How did ESRS perform over the long term?See historical performance and comparison
Is Ezz Steel undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ESRS (EGP16.35) is trading below our estimate of fair value (EGP41.34)
Significantly Below Fair Value: ESRS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ESRS is poor value based on its PE Ratio (28.2x) compared to the African Metals and Mining industry average (7.4x).
PE vs Market: ESRS is poor value based on its PE Ratio (28.2x) compared to the EG market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: ESRS is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: ESRS has negative assets, so we can't compare its PB Ratio to the XF Metals and Mining industry average.
How is Ezz Steel forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ESRS's forecast earnings growth (7.1% per year) is below the savings rate (9.1%).
Earnings vs Market: ESRS's earnings (7.1% per year) are forecast to grow slower than the EG market (13.6% per year).
High Growth Earnings: ESRS's earnings are forecast to grow, but not significantly.
Revenue vs Market: ESRS's revenue (5.9% per year) is forecast to grow slower than the EG market (9.8% per year).
High Growth Revenue: ESRS's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if ESRS's Return on Equity is forecast to be high in 3 years time
How has Ezz Steel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ESRS has high quality earnings.
Growing Profit Margin: ESRS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ESRS has become profitable over the past 5 years, growing earnings by -35.1% per year.
Accelerating Growth: ESRS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ESRS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (212.9%).
Return on Equity
High ROE: ESRS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Ezz Steel's financial position?
Financial Position Analysis
Short Term Liabilities: ESRS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ESRS 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: ESRS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ESRS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ESRS's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: ESRS's interest payments on its debt are not well covered by EBIT (1.2x coverage).
What is Ezz Steel current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ESRS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ESRS'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 ESRS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ESRS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ESRS is not paying a notable dividend for the EG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ESRS's dividend in 3 years as they are not forecast to pay a notable one for the EG market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Paul Philipe Chekaiban has been Managing Director of EZZ Steel Company S.A.E (alternate name Ezz Steel) since 2005 and served as its Chairman since May 17, 2011 until September 2020. Mr. Chekaiban serv...
Experienced Management: ESRS's management team is seasoned and experienced (19.8 years average tenure).
Experienced Board: ESRS's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ezz Steel Company's employee growth, exchange listings and data sources
- Name: Ezz Steel Company
- Ticker: ESRS
- Exchange: CASE
- Founded: 1994
- Industry: Steel
- Sector: Materials
- Market Cap: ج.م8.430b
- Shares outstanding: 532.89m
- Website: https://www.ezzindustries.com
- Ezz Steel Company
- Four Seasons Nile Plaza
- 1089 Cornich El-Nil
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:13|
|End of Day Share Price||2021/10/26 00:00|
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.