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IRON

Egyptian Iron and SteelCASE:IRON Stock Report

Market Cap

ج.م1.5b

7D

-7.6%

1Y

-49.7%

Updated

21 Oct, 2021

Data

Company Financials
IRON fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

IRON Overview

Egyptian Iron and Steel Company produces and sells iron and steel products in Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for Egyptian Iron and Steel
Historical stock prices
Current Share Priceج.م1.49
52 Week Highج.م1.37
52 Week Lowج.م3.92
Beta1.84
1 Month Change-3.74%
3 Month Change-8.51%
1 Year Change-49.70%
3 Year Change-65.73%
5 Year Change-72.13%
Change since IPO-63.47%

Recent News & Updates

Shareholder Returns

IRONEG Metals and MiningEG Market
7D-7.6%2.6%-0.8%
1Y-49.7%-0.8%11.1%

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

Return vs Market: IRON underperformed the EG Market which returned 9.2% over the past year.

Price Volatility

Is IRON's price volatile compared to industry and market?
IRON volatility
IRON Beta1.84
Industry Beta1.16
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aAli Abdel Bekhithttps://www.hadisolb.com

Egyptian Iron and Steel Company produces and sells iron and steel products in Egypt. The company offers products, including hot rolled equal angles, duct beams, and round bars; iron ore, barite ore, cast iron molds, limestone ore, wicker and hot rolled strips, hot rolled squares, spare parts manufacturing, metal structural work, and cold rolled strips and rolls. The company is based in Cairo, Egypt.

Egyptian Iron and Steel Fundamentals Summary

How do Egyptian Iron and Steel's earnings and revenue compare to its market cap?
IRON fundamental statistics
Market Capج.م1.46b
Earnings (TTM)-ج.م941.70m
Revenue (TTM)ج.م1.06b

1.4x

P/S Ratio

-1.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IRON income statement (TTM)
Revenueج.م1.06b
Cost of Revenueج.م2.34b
Gross Profit-ج.م1.28b
Expenses-ج.م338.72m
Earnings-ج.م941.70m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.96
Gross Margin-121.34%
Net Profit Margin-89.24%
Debt/Equity Ratio-2.5%

How did IRON perform over the long term?

See historical performance and comparison

Valuation

Is Egyptian Iron and Steel undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Egyptian Iron and Steel is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Egyptian Iron and Steel has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is Egyptian Iron and Steel 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 Egyptian Iron and Steel 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 Egyptian Iron and Steel performed over the past 5 years?

-16.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IRON is currently unprofitable.

Growing Profit Margin: IRON is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IRON is unprofitable, and losses have increased over the past 5 years at a rate of 16.8% per year.

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

Earnings vs Industry: IRON 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: IRON's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Egyptian Iron and Steel's financial position?


Financial Position Analysis

Short Term Liabilities: IRON has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: IRON 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: IRON has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: IRON's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Insufficient data to determine if IRON has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if IRON has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Egyptian Iron and Steel current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


CEO

Ali Abdel Bekhit

1

Tenure

Mr. Ali Abdel Mohsen Bekhit serves as Interim Managing Director at Egyptian Iron and Steel Company since October 7, 2020.


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

Egyptian Iron and Steel Company's employee growth, exchange listings and data sources


Key Information

  • Name: Egyptian Iron and Steel Company
  • Ticker: IRON
  • Exchange: CASE
  • Founded: NaN
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ج.م1.459b
  • Shares outstanding: 976.87m
  • Website: https://www.hadisolb.com

Location

  • Egyptian Iron and Steel Company
  • Eltabin
  • Helwan
  • 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
Earnings2020/12/31
Annual Earnings2020/06/30


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.