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ELKA

El Kahera HousingCASE:ELKA Stock Report

Market Cap

ج.م3.7b

7D

-4.8%

1Y

229.4%

Updated

25 Oct, 2021

Data

Company Financials
ELKA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

ELKA Overview

El Kahera Housing engages in the development, sale, and lease of real estate properties in Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for El Kahera Housing
Historical stock prices
Current Share Priceج.م40.02
52 Week Highج.م10.94
52 Week Lowج.م45.94
Beta0.19
1 Month Change0.73%
3 Month Change5.82%
1 Year Change229.38%
3 Year Change184.44%
5 Year Change278.26%
Change since IPO1,761.39%

Recent News & Updates

Shareholder Returns

ELKAEG Real EstateEG Market
7D-4.8%-5.9%3.0%
1Y229.4%27.3%12.4%

Return vs Industry: ELKA exceeded the EG Real Estate industry which returned 17% over the past year.

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

Price Volatility

Is ELKA's price volatile compared to industry and market?
ELKA volatility
ELKA Beta0.19
Industry Beta0.80
Market Beta1

Stable Share Price: ELKA is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ELKA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969n/aAhmed Abdullah

El Kahera Housing engages in the development, sale, and lease of real estate properties in Egypt. The company was incorporated in 1969 and is based in Cairo, Egypt. El Kahera Housing is a subsidiary of Pioneers Holding Company for Financial Investment (S.A.E).

El Kahera Housing Fundamentals Summary

How do El Kahera Housing's earnings and revenue compare to its market cap?
ELKA fundamental statistics
Market Capج.م3.67b
Earnings (TTM)ج.م123.24m
Revenue (TTM)ج.م1.41b

29.2x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELKA income statement (TTM)
Revenueج.م1.41b
Cost of Revenueج.م1.08b
Gross Profitج.م323.68m
Expensesج.م200.44m
Earningsج.م123.24m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.37
Gross Margin22.99%
Net Profit Margin8.75%
Debt/Equity Ratio25.8%

How did ELKA perform over the long term?

See historical performance and comparison

Valuation

Is El Kahera Housing undervalued compared to its fair value and its price relative to the market?

29.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ELKA (EGP40.02) is trading above our estimate of fair value (EGP10.46)

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


Price To Earnings Ratio

PE vs Industry: ELKA is poor value based on its PE Ratio (29.2x) compared to the African Real Estate industry average (11.2x).

PE vs Market: ELKA is poor value based on its PE Ratio (29.2x) compared to the EG market (8.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ELKA is overvalued based on its PB Ratio (4.1x) compared to the XF Real Estate industry average (0.6x).


Future Growth

How is El Kahera Housing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.8%

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 El Kahera Housing 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 El Kahera Housing performed over the past 5 years?

-14.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELKA has a large one-off gain of EGP71.9M impacting its June 30 2021 financial results.

Growing Profit Margin: ELKA became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ELKA's earnings have declined by 14.4% per year over the past 5 years.

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

Earnings vs Industry: ELKA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (2.6%).


Return on Equity

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


Financial Health

How is El Kahera Housing's financial position?


Financial Position Analysis

Short Term Liabilities: ELKA's short term assets (EGP3.4B) exceed its short term liabilities (EGP1.7B).

Long Term Liabilities: ELKA's short term assets (EGP3.4B) exceed its long term liabilities (EGP967.2M).


Debt to Equity History and Analysis

Debt Level: ELKA's debt to equity ratio (25.8%) is considered satisfactory.

Reducing Debt: ELKA's debt to equity ratio has reduced from 47.6% to 25.8% over the past 5 years.

Debt Coverage: ELKA's debt is well covered by operating cash flow (28.2%).

Interest Coverage: ELKA's interest payments on its debt are not well covered by EBIT (1.2x coverage).


Balance Sheet


Dividend

What is El Kahera Housing current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

Ahmed Abdullah

no data

Tenure

Engineer Ahmed Adel Abdel Hameed Abdullah is the Managing Director and Executive Director at El Kahera Housing and Development Company SAE.


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

El Kahera Housing's employee growth, exchange listings and data sources


Key Information

  • Name: El Kahera Housing
  • Ticker: ELKA
  • Exchange: CASE
  • Founded: 1969
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: ج.م3.673b
  • Shares outstanding: 90.03m

Location

  • El Kahera Housing
  • Administrative Business Center
  • Al Nabouy Al Mohands Street
  • 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.