Arabfor asset management and development (CASE:ACAMD) - Share price, News & Analysis

Q: What is the Fair Price of ACAMD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ACAMD (EGP0.54) is trading above our estimate of [[fair value]] (EGP0.03)

ACAMD fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

ACAMD Stock Overview

Arab Co. for Asset Management And Development operates as a real estate development company.

Rewards

Became profitable this year

Risk Analysis

Makes less than USD$1m in revenue (EGP16M)

Volatile share price over the past 3 months

Does not have a meaningful market cap (EGP714M)

Arabfor asset management and development Competitors

Arab Developers Holding

CASE:ARAB

ج.م607.4m

United for Housing & Development -E

CASE:UNIT

ج.م913.1m

El-Ebour for Real Estate InvestmentE

CASE:OBRI

ج.م203.4m

Arab Real Estate Investment

CASE:RREI

ج.م165.6m

Price History & Performance

Summary of all time highs, changes and price drops for Arabfor asset management and development
Historical stock prices
Current Share Price	ج.م0.54
52 Week High	ج.م0.69
52 Week Low	ج.م0.27
Beta	1.91
1 Month Change	29.57%
3 Month Change	22.78%
1 Year Change	-12.22%
3 Year Change	12.29%
5 Year Change	n/a
Change since IPO	2.86%

Shareholder Returns

	ACAMD	EG Real Estate	EG Market
7D	23.3%	3.3%	1.8%
1Y	-12.2%	-22.0%	-15.2%

Return vs Industry: ACAMD exceeded the EG Real Estate industry which returned -22.4% over the past year.

Return vs Market: ACAMD exceeded the EG Market which returned -16.5% over the past year.

Price Volatility

Is ACAMD's price volatile compared to industry and market?
ACAMD volatility
ACAMD Average Weekly Movement	8.4%
Real Estate Industry Average Movement	6.5%
Market Average Movement	5.4%
10% most volatile stocks in EG Market	8.8%
10% least volatile stocks in EG Market	2.9%

Stable Share Price: ACAMD is more volatile than 75% of EG stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ACAMD's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of EG stocks.

About the Company

Founded	Employees	CEO	Website
2018	n/a	n/a	https://www.arabco-amd.com

Arab Co. for Asset Management And Development operates as a real estate development company. The company purchases, sells, leases, and acquires land for the purpose of dividing, planning, and providing infrastructure to the land under management. It is also involved in the development and management of buildings, including residential units, commercial, malls, hypermarkets, office space, and recreational areas, as well as builds and manages tourist villages, hotels, motels, and related activities, including entertainment, sports, commercial, and cultural activities.

Arabfor asset management and development Fundamentals Summary

How do Arabfor asset management and development's earnings and revenue compare to its market cap?
ACAMD fundamental statistics
Market Cap	ج.م713.68m
Earnings (TTM)	ج.م8.96m
Revenue (TTM)	ج.م15.93m

79.7x

P/E Ratio

44.8x

P/S Ratio

Is ACAMD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ACAMD income statement (TTM)
Revenue	ج.م15.93m
Cost of Revenue	ج.م426.54k
Gross Profit	ج.م15.51m
Other Expenses	ج.م6.55m
Earnings	ج.م8.96m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.0068
Gross Margin	97.32%
Net Profit Margin	56.21%
Debt/Equity Ratio	0.02%

How did ACAMD perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is ACAMD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ACAMD?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ACAMD. This is calculated by dividing ACAMD's market cap by their current preferred multiple.
What is ACAMD's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	ج.م713.68m

ACAMD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	41.8x
Enterprise Value/EBITDA	80.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does ACAMD's PE Ratio compare to its peers?

ACAMD PE Ratio vs Peers

The above table shows the PE ratio for ACAMD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	32.4x
ARAB Arab Developers Holding	6.6x	n/a	ج.م607.4m
UNIT United for Housing & Development -E	12x	n/a	ج.م913.1m
OBRI El-Ebour for Real Estate InvestmentE	81.3x	n/a	ج.م203.4m
RREI Arab Real Estate Investment	29.7x	n/a	ج.م165.6m
ACAMD Arabfor asset management and development	79.7x	n/a	ج.م713.7m

Price-To-Earnings vs Peers: ACAMD is expensive based on its Price-To-Earnings Ratio (79.7x) compared to the peer average (32.4x).

Price to Earnings Ratio vs Industry

How does ACAMD's PE Ratio compare vs other companies in the African Real Estate Industry?

Price-To-Earnings vs Industry: ACAMD is expensive based on its Price-To-Earnings Ratio (79.7x) compared to the EG Real Estate industry average (16.7x)

Price to Earnings Ratio vs Fair Ratio

What is ACAMD's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ACAMD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	79.7x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ACAMD's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of ACAMD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ACAMD (EGP0.54) is trading above our estimate of fair value (EGP0.03)

Significantly Below Fair Value: ACAMD is trading above our estimate of fair value.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Arabfor asset management and development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

21.6%

Forecasted Real Estate 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 Arabfor asset management and development 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.

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Examine Arabfor asset management and development's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has Arabfor asset management and development performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

1,854.3%

Last years revenue growth

Earnings and Revenue History

Quality Earnings: ACAMD has high quality earnings.

Growing Profit Margin: ACAMD became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ACAMD's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: ACAMD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ACAMD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (9.5%).

Return on Equity

High ROE: ACAMD's Return on Equity (6.3%) is considered low.

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Financial Health

How is Arabfor asset management and development's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ACAMD's short term assets (EGP131.2M) exceed its short term liabilities (EGP34.1M).

Long Term Liabilities: ACAMD's short term assets (EGP131.2M) exceed its long term liabilities (EGP91.1K).

Debt to Equity History and Analysis

Debt Level: ACAMD has more cash than its total debt.

Reducing Debt: Insufficient data to determine if ACAMD's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ACAMD's debt is well covered by operating cash flow (65917.5%).

Interest Coverage: ACAMD earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is Arabfor asset management and development current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

Dividend Yield vs Market

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

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

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

Earnings Payout to Shareholders

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

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ACAMD has not reported any payouts.

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Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average board tenure

CEO

Arabfor asset management and development has no CEO, or we have no data on them.

Board Members

Experienced Board: ACAMD'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.

Data	Last Updated (UTC time)
Company Analysis	2022/08/17 00:00
End of Day Share Price	2022/08/17 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31