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MCQE

Misr Cement (Qena) Company (S.A.E)CASE:MCQE Stock Report

Market Cap

ج.م936.7m

7D

-15.9%

1Y

62.5%

Updated

25 Oct, 2021

Data

Company Financials
MCQE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

MCQE Overview

Misr Cement (Qena) Company (S.A.E) manufactures and sells ordinary Portland cement and clinker in Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for Misr Cement (Qena) Company (S.A.E)
Historical stock prices
Current Share Priceج.م12.77
52 Week Highج.م7.45
52 Week Lowج.م23.50
Beta0.87
1 Month Change-23.49%
3 Month Change-25.71%
1 Year Change62.47%
3 Year Change-1.47%
5 Year Change-80.57%
Change since IPO12.10%

Recent News & Updates

Shareholder Returns

MCQEEG Basic MaterialsEG Market
7D-15.9%1.1%3.0%
1Y62.5%66.7%12.4%

Return vs Industry: MCQE underperformed the EG Basic Materials industry which returned 66.3% over the past year.

Return vs Market: MCQE exceeded the EG Market which returned 12.2% over the past year.

Price Volatility

Is MCQE's price volatile compared to industry and market?
MCQE volatility
MCQE Beta0.87
Industry Beta0.51
Market Beta1

Stable Share Price: MCQE is more volatile than 75% of EG stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: MCQE's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of EG stocks.

About the Company

FoundedEmployeesCEOWebsite
1997n/aTariq Talaat Ahmed Fattahhttps://www.qenacement.com/qena/en/

Misr Cement (Qena) Company (S.A.E) manufactures and sells ordinary Portland cement and clinker in Egypt. It also exports its products. The company was founded in 1997 and is headquartered in Cairo, Egypt.

Misr Cement (Qena) Company (S.A.E) Fundamentals Summary

How do Misr Cement (Qena) Company (S.A.E)'s earnings and revenue compare to its market cap?
MCQE fundamental statistics
Market Capج.م936.72m
Earnings (TTM)ج.م42.96m
Revenue (TTM)ج.م2.46b

21.4x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MCQE income statement (TTM)
Revenueج.م2.46b
Cost of Revenueج.م2.13b
Gross Profitج.م325.42m
Expensesج.م282.46m
Earningsج.م42.96m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.60
Gross Margin13.24%
Net Profit Margin1.75%
Debt/Equity Ratio49.7%

How did MCQE perform over the long term?

See historical performance and comparison

Valuation

Is Misr Cement (Qena) Company (S.A.E) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MCQE (EGP12.77) is trading below our estimate of fair value (EGP33.3)

Significantly Below Fair Value: MCQE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MCQE is poor value based on its PE Ratio (21.4x) compared to the African Basic Materials industry average (12.1x).

PE vs Market: MCQE is poor value based on its PE Ratio (21.4x) compared to the EG market (8.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MCQE is good value based on its PB Ratio (0.7x) compared to the XF Basic Materials industry average (2.4x).


Future Growth

How is Misr Cement (Qena) Company (S.A.E) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.0%

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 Misr Cement (Qena) Company (S.A.E) 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 Misr Cement (Qena) Company (S.A.E) performed over the past 5 years?

-46.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MCQE has high quality earnings.

Growing Profit Margin: MCQE's current net profit margins (1.7%) are lower than last year (2.5%).


Past Earnings Growth Analysis

Earnings Trend: MCQE's earnings have declined by 46.5% per year over the past 5 years.

Accelerating Growth: MCQE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MCQE had negative earnings growth (-39.5%) over the past year, making it difficult to compare to the Basic Materials industry average (44.8%).


Return on Equity

High ROE: MCQE's Return on Equity (1.6%) is considered low.


Financial Health

How is Misr Cement (Qena) Company (S.A.E)'s financial position?


Financial Position Analysis

Short Term Liabilities: MCQE's short term assets (EGP1.1B) do not cover its short term liabilities (EGP1.3B).

Long Term Liabilities: MCQE's short term assets (EGP1.1B) exceed its long term liabilities (EGP891.0M).


Debt to Equity History and Analysis

Debt Level: MCQE's debt to equity ratio (49.7%) is considered high.

Reducing Debt: MCQE's debt to equity ratio has reduced from 136.7% to 49.7% over the past 5 years.

Debt Coverage: MCQE's debt is well covered by operating cash flow (35%).

Interest Coverage: MCQE's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Dividend

What is Misr Cement (Qena) Company (S.A.E) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

Tariq Talaat Ahmed Fattah

no data

Tenure

Eng. Tariq Talaat Ahmed Abdel Fattah serves as a Managing Director at Misr Cement Co. (QENA).


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

Misr Cement (Qena) Company (S.A.E)'s employee growth, exchange listings and data sources


Key Information

  • Name: Misr Cement (Qena) Company (S.A.E)
  • Ticker: MCQE
  • Exchange: CASE
  • Founded: 1997
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: ج.م936.720m
  • Shares outstanding: 72.00m
  • Website: https://www.qenacement.com/qena/en/

Location

  • Misr Cement (Qena) Company (S.A.E)
  • 22 Anwar El Moftey Street
  • Tiba 2000 project
  • Cairo
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:47
End of Day Share Price2021/10/25 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.