Sidi Kerir Petrochemicals Co. produces and sells ethylene and polyethylene products in Egypt and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م9.30|
|52 Week High||ج.م6.84|
|52 Week Low||ج.م13.10|
|1 Month Change||-5.01%|
|3 Month Change||-23.77%|
|1 Year Change||12.32%|
|3 Year Change||-58.67%|
|5 Year Change||-27.74%|
|Change since IPO||-53.73%|
Recent News & Updates
|SKPC||EG Chemicals||EG Market|
Return vs Industry: SKPC underperformed the EG Chemicals industry which returned 31.9% over the past year.
Return vs Market: SKPC exceeded the EG Market which returned 7.4% over the past year.
Stable Share Price: SKPC is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SKPC's weekly volatility (5%) has been stable over the past year.
About the Company
Sidi Kerir Petrochemicals Co. produces and sells ethylene and polyethylene products in Egypt and internationally. The company offers high and linear low density polyethylene under the Egyptene name that are used in film industry, as well as blow molding, injection molding, and roto molding grade applications; LPG; and polymer grade ethylene products. It also provides Butene-1 that is used as a co-monomer in polyethylene production to control the density; and as a monomer in butadiene and for poly butadiene production.
Sidi Kerir Petrochemicals Fundamentals Summary
|SKPC fundamental statistics|
Is SKPC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SKPC income statement (TTM)|
|Cost of Revenue||ج.م3.77b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.57|
|Net Profit Margin||6.73%|
How did SKPC perform over the long term?See historical performance and comparison
Is Sidi Kerir Petrochemicals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SKPC (EGP9.3) is trading above our estimate of fair value (EGP8.17)
Significantly Below Fair Value: SKPC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SKPC is poor value based on its PE Ratio (16.2x) compared to the EG Chemicals industry average (8.9x).
PE vs Market: SKPC is poor value based on its PE Ratio (16.2x) compared to the EG market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: SKPC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SKPC's PB Ratio (1.4x) is in line with the EG Chemicals industry average.
How is Sidi Kerir Petrochemicals forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKPC's earnings are forecast to decline over the next 3 years (-2.4% per year).
Earnings vs Market: SKPC's earnings are forecast to decline over the next 3 years (-2.4% per year).
High Growth Earnings: SKPC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SKPC's revenue (2.3% per year) is forecast to grow slower than the EG market (10% per year).
High Growth Revenue: SKPC's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SKPC's Return on Equity is forecast to be low in 3 years time (12.9%).
How has Sidi Kerir Petrochemicals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKPC has high quality earnings.
Growing Profit Margin: SKPC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SKPC's earnings have declined by 30.6% per year over the past 5 years.
Accelerating Growth: SKPC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SKPC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (30.4%).
Return on Equity
High ROE: SKPC's Return on Equity (9.6%) is considered low.
How is Sidi Kerir Petrochemicals's financial position?
Financial Position Analysis
Short Term Liabilities: SKPC's short term assets (EGP2.4B) exceed its short term liabilities (EGP1.9B).
Long Term Liabilities: SKPC's short term assets (EGP2.4B) exceed its long term liabilities (EGP195.0M).
Debt to Equity History and Analysis
Debt Level: SKPC is debt free.
Reducing Debt: SKPC had no debt 5 years ago.
Debt Coverage: SKPC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SKPC has no debt, therefore coverage of interest payments is not a concern.
What is Sidi Kerir Petrochemicals's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SKPC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SKPC'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 SKPC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SKPC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SKPC is not paying a notable dividend for the EG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SKPC's dividend in 3 years as they are not forecast to pay a notable one for the EG market.
How experienced are the management team and are they aligned to shareholders interests?
Eng. Mohamed Mohamed Ibrahim has been the Chairman and Chief Executive Officer at Sidi Kerir Petrochemicals Co. since 2020.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sidi Kerir Petrochemicals Co.'s employee growth, exchange listings and data sources
- Name: Sidi Kerir Petrochemicals Co.
- Ticker: SKPC
- Exchange: CASE
- Founded: 1997
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ج.م4.830b
- Shares outstanding: 525.00m
- Website: https://www.sidpec.com
- Sidi Kerir Petrochemicals Co.
- KM 36 Alexandria/Cairo Desert Road
- El-Amerya - El-Nahda Territory
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/14 15:43|
|End of Day Share Price||2021/10/14 00:00|
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.