| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
MICH Overview
Misr Chemical Industries Co. produces, sells, and trades in various chemical products in Egypt and the Middle East.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ج.م11.27 |
| 52 Week High | ج.م8.75 |
| 52 Week Low | ج.م14.35 |
| Beta | 0.47 |
| 1 Month Change | -3.84% |
| 3 Month Change | -2.17% |
| 1 Year Change | 2.08% |
| 3 Year Change | 11.81% |
| 5 Year Change | 236.31% |
| Change since IPO | -34.14% |
Recent News & Updates
Shareholder Returns
| MICH | EG Chemicals | EG Market | |
|---|---|---|---|
| 7D | 1.3% | 4.4% | 1.3% |
| 1Y | 2.1% | 37.5% | 10.0% |
Return vs Industry: MICH underperformed the EG Chemicals industry which returned 36.3% over the past year.
Return vs Market: MICH underperformed the EG Market which returned 8.2% over the past year.
Price Volatility
| MICH volatility | |
|---|---|
| MICH Beta | 0.47 |
| Industry Beta | 0.70 |
| Market Beta | 1 |
Stable Share Price: MICH is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: MICH's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1959 | 613 | Samir Elkholy | https://www.mci.com.eg |
Misr Chemical Industries Co. produces, sells, and trades in various chemical products in Egypt and the Middle East. It offers sodium hydroxide solutions, liquid chlorines, and compressed hydrogen gases. The company also provides caustic soda flakes, commercial and pure hydrochloric acids, sodium hypochlorite products, and sulfuric acids.
Misr Chemical Industries Fundamentals Summary
| MICH fundamental statistics | |
|---|---|
| Market Cap | ج.م814.61m |
| Earnings (TTM) | ج.م133.11m |
| Revenue (TTM) | ج.م480.61m |
6.2x
P/E Ratio1.7x
P/S RatioIs MICH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MICH income statement (TTM) | |
|---|---|
| Revenue | ج.م480.61m |
| Cost of Revenue | ج.م259.44m |
| Gross Profit | ج.م221.17m |
| Expenses | ج.م88.06m |
| Earnings | ج.م133.11m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.82 |
| Gross Margin | 46.02% |
| Net Profit Margin | 27.69% |
| Debt/Equity Ratio | 0.0% |
How did MICH perform over the long term?
See historical performance and comparisonDividends
8.9%
Current Dividend Yield55%
Payout RatioDoes MICH pay a reliable dividends?
See MICH dividend history and benchmarks| Misr Chemical Industries dividend dates | |
|---|---|
| Ex Dividend Date | Oct 26 2021 |
| Dividend Pay Date | Dec 30 2021 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 73 days |
Does MICH pay a reliable dividends?
See MICH dividend history and benchmarksValuation
Is Misr Chemical Industries undervalued compared to its fair value and its price relative to the market?
6.19x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MICH (EGP11.27) is trading above our estimate of fair value (EGP10.93)
Significantly Below Fair Value: MICH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MICH is good value based on its PE Ratio (6.2x) compared to the EG Chemicals industry average (9.1x).
PE vs Market: MICH is good value based on its PE Ratio (6.2x) compared to the EG market (12.3x).
Price to Earnings Growth Ratio
PEG Ratio: MICH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: MICH's PB Ratio (1.4x) is in line with the EG Chemicals industry average.
Future Growth
How is Misr Chemical Industries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-8.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MICH's earnings are forecast to decline over the next 3 years (-8.3% per year).
Earnings vs Market: MICH's earnings are forecast to decline over the next 3 years (-8.3% per year).
High Growth Earnings: MICH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: MICH's revenue is expected to decline over the next 3 years (-5.5% per year).
High Growth Revenue: MICH's revenue is forecast to decline over the next 3 years (-5.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MICH's Return on Equity is forecast to be low in 3 years time (16%).
Past Performance
How has Misr Chemical Industries performed over the past 5 years?
22.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MICH has high quality earnings.
Growing Profit Margin: MICH's current net profit margins (27.7%) are higher than last year (17.4%).
Past Earnings Growth Analysis
Earnings Trend: MICH's earnings have grown significantly by 22.5% per year over the past 5 years.
Accelerating Growth: MICH's earnings growth over the past year (109%) exceeds its 5-year average (22.5% per year).
Earnings vs Industry: MICH earnings growth over the past year (109%) exceeded the Chemicals industry 30.4%.
Return on Equity
High ROE: MICH's Return on Equity (23.4%) is considered high.
Financial Health
How is Misr Chemical Industries's financial position?
Financial Position Analysis
Short Term Liabilities: MICH's short term assets (EGP444.9M) exceed its short term liabilities (EGP118.9M).
Long Term Liabilities: MICH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MICH is debt free.
Reducing Debt: MICH has no debt compared to 5 years ago when its debt to equity ratio was 1%.
Debt Coverage: MICH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MICH has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Misr Chemical Industries's current dividend yield, its reliability and sustainability?
8.87%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: MICH's dividend (8.87%) is higher than the bottom 25% of dividend payers in the EG market (2.69%).
High Dividend: MICH's dividend (8.87%) is in the top 25% of dividend payers in the EG market (7.43%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MICH has been paying a dividend for less than 10 years.
Growing Dividend: MICH's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.9%), MICH's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MICH's dividends in 3 years are forecast to be well covered by earnings (47.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Samir Elkholy
no data
Tenure
Engineer Samir Elkholy serves as the Chairman of the Executive Board and Chief Executive Officer at Misr Chemical Industries Co.
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 Chemical Industries Co.'s employee growth, exchange listings and data sources
Key Information
- Name: Misr Chemical Industries Co.
- Ticker: MICH
- Exchange: CASE
- Founded: 1959
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ج.م814.613m
- Shares outstanding: 73.13m
- Website: https://www.mci.com.eg
Number of Employees
Location
- Misr Chemical Industries Co.
- Max Alexandria
- Alexandria
- 21535
- Egypt
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/17 16:16 |
| End of Day Share Price | 2021/10/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.