company background image
IRAX

Al Ezz Dekheila Steel Company - AlexandriaECASE:IRAX Stock Report

Market Cap

ج.م9.4b

7D

18.2%

1Y

78.9%

Updated

21 Oct, 2021

Data

Company Financials
IRAX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

IRAX Overview

Al Ezz Dekheila Steel Company - Alexandria S.A.E.

Price History & Performance

Summary of all time highs, changes and price drops for Al Ezz Dekheila Steel Company - AlexandriaE
Historical stock prices
Current Share Priceج.م483.97
52 Week Highج.م260.00
52 Week Lowج.م485.00
Beta-0.19
1 Month Change18.04%
3 Month Change27.33%
1 Year Change78.93%
3 Year Change-49.11%
5 Year Change154.11%
Change since IPO188.08%

Recent News & Updates

Shareholder Returns

IRAXEG Metals and MiningEG Market
7D18.2%2.6%-0.8%
1Y78.9%-0.8%11.1%

Return vs Industry: IRAX exceeded the EG Metals and Mining industry which returned -1.3% over the past year.

Return vs Market: IRAX exceeded the EG Market which returned 9.2% over the past year.

Price Volatility

Is IRAX's price volatile compared to industry and market?
IRAX volatility
IRAX Beta-0.19
Industry Beta1.16
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1982n/aFarouk Ibrahimhttps://www.ezzsteel.com/investor-relations/al-ezz-dekheila-steel-co-alexandria-s-a-e-ezdk

Al Ezz Dekheila Steel Company - Alexandria S.A.E. produces and sells steel products in Egypt and internationally. It offers flat steel products, rebars, wire rods, and hot rolled coils. The company was founded in 1982 and is headquartered in Cairo, Egypt.

Al Ezz Dekheila Steel Company - AlexandriaE Fundamentals Summary

How do Al Ezz Dekheila Steel Company - AlexandriaE's earnings and revenue compare to its market cap?
IRAX fundamental statistics
Market Capج.م9.44b
Earnings (TTM)-ج.م331.69m
Revenue (TTM)ج.م45.23b

0.2x

P/S Ratio

-28.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IRAX income statement (TTM)
Revenueج.م45.23b
Cost of Revenueج.م38.61b
Gross Profitج.م6.62b
Expensesج.م6.95b
Earnings-ج.م331.69m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-17.01
Gross Margin14.63%
Net Profit Margin-0.73%
Debt/Equity Ratio30,442.9%

How did IRAX perform over the long term?

See historical performance and comparison

Valuation

Is Al Ezz Dekheila Steel Company - AlexandriaE undervalued compared to its fair value and its price relative to the market?

142.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate IRAX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate IRAX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: IRAX is unprofitable, so we can't compare its PE Ratio to the African Metals and Mining industry average.

PE vs Market: IRAX is unprofitable, so we can't compare its PE Ratio to the EG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IRAX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IRAX is overvalued based on its PB Ratio (142.3x) compared to the XF Metals and Mining industry average (1.6x).


Future Growth

How is Al Ezz Dekheila Steel Company - AlexandriaE forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-6.8%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Al Ezz Dekheila Steel Company - AlexandriaE has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Al Ezz Dekheila Steel Company - AlexandriaE performed over the past 5 years?

-53.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IRAX is currently unprofitable.

Growing Profit Margin: IRAX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IRAX is unprofitable, and losses have increased over the past 5 years at a rate of 53.9% per year.

Accelerating Growth: Unable to compare IRAX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IRAX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (212.9%).


Return on Equity

High ROE: IRAX has a negative Return on Equity (-264.6%), as it is currently unprofitable.


Financial Health

How is Al Ezz Dekheila Steel Company - AlexandriaE's financial position?


Financial Position Analysis

Short Term Liabilities: IRAX's short term assets (EGP23.8B) do not cover its short term liabilities (EGP29.0B).

Long Term Liabilities: IRAX's short term assets (EGP23.8B) exceed its long term liabilities (EGP21.1B).


Debt to Equity History and Analysis

Debt Level: IRAX's debt to equity ratio (30442.9%) is considered high.

Reducing Debt: IRAX's debt to equity ratio has increased from 220.4% to 30442.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: IRAX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: IRAX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.9% each year


Dividend

What is Al Ezz Dekheila Steel Company - AlexandriaE current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

10.5yrs

Average board tenure


CEO

Farouk Ibrahim

10.42yrs

Tenure

Engineer Farouk Zaki Ibrahim has been Corporate Technical Officer of EZZ Steel Company S.A.E since 1994. Engineer Ibrahim has been General Technical Manager of EZDK since 2000. Engineer Ibrahim has been Ch...


Board Members

Experienced Board: IRAX's board of directors are seasoned and experienced ( 10.5 years average tenure).


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

Al Ezz Dekheila Steel Company - Alexandria S.A.E.'s employee growth, exchange listings and data sources


Key Information


Location

  • Al Ezz Dekheila Steel Company - Alexandria S.A.E.
  • Four Seasons Nile Plaza
  • The Corporate Building
  • Cairo
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 14:31
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
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.