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MFPC

Misr Fertilizer ProductionCASE:MFPC Stock Report

Market Cap

ج.م22.2b

7D

4.3%

1Y

107.7%

Updated

17 Oct, 2021

Data

Company Financials +
MFPC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance6/6
Financial Health4/6
Dividends0/6

MFPC Overview

Misr Fertilizer Production Company manufactures and sells fertilizers worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Misr Fertilizer Production
Historical stock prices
Current Share Priceج.م97.00
52 Week Highج.م42.50
52 Week Lowج.م98.50
Beta0.90
1 Month Change14.10%
3 Month Change22.93%
1 Year Change107.66%
3 Year Change10.87%
5 Year Change280.84%
Change since IPO193.23%

Recent News & Updates

Shareholder Returns

MFPCEG ChemicalsEG Market
7D4.3%4.4%1.3%
1Y107.7%37.5%10.0%

Return vs Industry: MFPC exceeded the EG Chemicals industry which returned 36.3% over the past year.

Return vs Market: MFPC exceeded the EG Market which returned 8.2% over the past year.

Price Volatility

Is MFPC's price volatile compared to industry and market?
MFPC volatility
MFPC Beta0.90
Industry Beta0.70
Market Beta1

Stable Share Price: MFPC is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MFPC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aHesham Mohamed El Dinhttps://www.mopco-eg.com

Misr Fertilizer Production Company manufactures and sells fertilizers worldwide. It offers ammonia, urea, and nitrogen. The company also sells ammonia water, urea water, industrial urea, and scrape urea.

Misr Fertilizer Production Fundamentals Summary

How do Misr Fertilizer Production's earnings and revenue compare to its market cap?
MFPC fundamental statistics
Market Capج.م22.21b
Earnings (TTM)ج.م3.48b
Revenue (TTM)ج.م7.76b

6.4x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MFPC income statement (TTM)
Revenueج.م7.76b
Cost of Revenueج.م3.77b
Gross Profitج.م3.98b
Expensesج.م504.80m
Earningsج.م3.48b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)15.19
Gross Margin51.37%
Net Profit Margin44.86%
Debt/Equity Ratio18.1%

How did MFPC perform over the long term?

See historical performance and comparison

Valuation

Is Misr Fertilizer Production undervalued compared to its fair value and its price relative to the market?

27.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MFPC (EGP97) is trading below our estimate of fair value (EGP134.52)

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


Price To Earnings Ratio

PE vs Industry: MFPC is good value based on its PE Ratio (6.4x) compared to the EG Chemicals industry average (9.1x).

PE vs Market: MFPC is good value based on its PE Ratio (6.4x) compared to the EG market (12.3x).


Price to Earnings Growth Ratio

PEG Ratio: MFPC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MFPC is good value based on its PB Ratio (1.3x) compared to the EG Chemicals industry average (1.4x).


Future Growth

How is Misr Fertilizer Production forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MFPC's earnings are forecast to decline over the next 3 years (-2.4% per year).

Earnings vs Market: MFPC's earnings are forecast to decline over the next 3 years (-2.4% per year).

High Growth Earnings: MFPC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MFPC's revenue (1% per year) is forecast to grow slower than the EG market (9.9% per year).

High Growth Revenue: MFPC's revenue (1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MFPC's Return on Equity is forecast to be low in 3 years time (16.8%).


Past Performance

How has Misr Fertilizer Production performed over the past 5 years?

33.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MFPC has high quality earnings.

Growing Profit Margin: MFPC's current net profit margins (44.9%) are higher than last year (24%).


Past Earnings Growth Analysis

Earnings Trend: MFPC's earnings have grown significantly by 33.1% per year over the past 5 years.

Accelerating Growth: MFPC's earnings growth over the past year (92.4%) exceeds its 5-year average (33.1% per year).

Earnings vs Industry: MFPC earnings growth over the past year (92.4%) exceeded the Chemicals industry 30.4%.


Return on Equity

High ROE: MFPC's Return on Equity (20.3%) is considered high.


Financial Health

How is Misr Fertilizer Production's financial position?


Financial Position Analysis

Short Term Liabilities: MFPC's short term assets (EGP3.4B) do not cover its short term liabilities (EGP3.6B).

Long Term Liabilities: MFPC's short term assets (EGP3.4B) do not cover its long term liabilities (EGP4.1B).


Debt to Equity History and Analysis

Debt Level: MFPC's debt to equity ratio (18.1%) is considered satisfactory.

Reducing Debt: MFPC's debt to equity ratio has reduced from 135.6% to 18.1% over the past 5 years.

Debt Coverage: MFPC's debt is well covered by operating cash flow (132.3%).

Interest Coverage: MFPC's interest payments on its debt are well covered by EBIT (20.2x coverage).


Balance Sheet


Dividend

What is Misr Fertilizer Production current dividend yield, its reliability and sustainability?

8.80%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

2.2yrs

Average board tenure


CEO

Hesham Mohamed El Din

2.17yrs

Tenure


Board Members

Experienced Board: MFPC's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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 Fertilizer Production Company's employee growth, exchange listings and data sources


Key Information

  • Name: Misr Fertilizer Production Company
  • Ticker: MFPC
  • Exchange: CASE
  • Founded: 1998
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ج.م22.208b
  • Shares outstanding: 229.12m
  • Website: https://www.mopco-eg.com

Location

  • Misr Fertilizer Production Company
  • 12 Abdelrahman Sedky, St
  • Cairo
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 16:16
End of Day Share Price2021/10/17 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.