Emaar Misr for Development Company (S.A.E.) engages in the development of real estate projects and the sale of developed units in Egypt.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م2.34|
|52 Week High||ج.م2.12|
|52 Week Low||ج.م2.84|
|1 Month Change||-5.65%|
|3 Month Change||-3.31%|
|1 Year Change||-0.85%|
|3 Year Change||-21.48%|
|5 Year Change||11.96%|
|Change since IPO||-40.61%|
Recent News & Updates
|EMFD||EG Real Estate||EG Market|
Return vs Industry: EMFD underperformed the EG Real Estate industry which returned 22.8% over the past year.
Return vs Market: EMFD underperformed the EG Market which returned 9.2% over the past year.
Stable Share Price: EMFD is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EMFD's weekly volatility (4%) has been stable over the past year.
About the Company
Emaar Misr for Development Company (S.A.E.) engages in the development of real estate projects and the sale of developed units in Egypt. The company engages in planning and establishing urban areas, and equipping them with various facilities, services, development projects, investment, and real estate development. It also provides hospitality and hotel services.
Emaar Misr for Development Company (S.A.E.) Fundamentals Summary
|EMFD fundamental statistics|
Is EMFD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EMFD income statement (TTM)|
|Cost of Revenue||ج.م4.46b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.48|
|Net Profit Margin||29.51%|
How did EMFD perform over the long term?See historical performance and comparison
Is Emaar Misr for Development Company (S.A.E.) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EMFD (EGP2.34) is trading below our estimate of fair value (EGP2.39)
Significantly Below Fair Value: EMFD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: EMFD is good value based on its PE Ratio (4.8x) compared to the EG Real Estate industry average (20.5x).
PE vs Market: EMFD is good value based on its PE Ratio (4.8x) compared to the EG market (11.6x).
Price to Earnings Growth Ratio
PEG Ratio: EMFD is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: EMFD is good value based on its PB Ratio (0.5x) compared to the EG Real Estate industry average (2x).
How is Emaar Misr for Development Company (S.A.E.) forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EMFD's forecast earnings growth (10.2% per year) is above the savings rate (9.1%).
Earnings vs Market: EMFD's earnings (10.2% per year) are forecast to grow slower than the EG market (14.5% per year).
High Growth Earnings: EMFD's earnings are forecast to grow, but not significantly.
Revenue vs Market: EMFD's revenue (9.2% per year) is forecast to grow slower than the EG market (9.9% per year).
High Growth Revenue: EMFD's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: EMFD's Return on Equity is forecast to be low in 3 years time (11.1%).
How has Emaar Misr for Development Company (S.A.E.) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EMFD has a high level of non-cash earnings.
Growing Profit Margin: EMFD's current net profit margins (29.5%) are lower than last year (40.7%).
Past Earnings Growth Analysis
Earnings Trend: EMFD's earnings have grown by 4.6% per year over the past 5 years.
Accelerating Growth: EMFD's earnings growth over the past year (2.6%) is below its 5-year average (4.6% per year).
Earnings vs Industry: EMFD earnings growth over the past year (2.6%) underperformed the Real Estate industry 2.6%.
Return on Equity
High ROE: EMFD's Return on Equity (12%) is considered low.
How is Emaar Misr for Development Company (S.A.E.)'s financial position?
Financial Position Analysis
Short Term Liabilities: EMFD's short term assets (EGP51.6B) exceed its short term liabilities (EGP33.1B).
Long Term Liabilities: EMFD's short term assets (EGP51.6B) exceed its long term liabilities (EGP4.7B).
Debt to Equity History and Analysis
Debt Level: EMFD's debt to equity ratio (0.05%) is considered satisfactory.
Reducing Debt: EMFD's debt to equity ratio has reduced from 9.3% to 0.05% over the past 5 years.
Debt Coverage: EMFD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EMFD earns more interest than it pays, so coverage of interest payments is not a concern.
What is Emaar Misr for Development Company (S.A.E.) current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EMFD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EMFD'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 EMFD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EMFD'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 EMFD'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?
Average management tenure
Emaar Misr for Development Company (S.A.E.) has no CEO, or we have no data on them.
Experienced Management: EMFD's management team is seasoned and experienced (6 years average tenure).
Experienced Board: EMFD's board of directors are considered experienced (8.8 years average tenure).
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.
Emaar Misr for Development Company (S.A.E.)'s employee growth, exchange listings and data sources
- Name: Emaar Misr for Development Company (S.A.E.)
- Ticker: EMFD
- Exchange: CASE
- Founded: NaN
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: ج.م10.599b
- Shares outstanding: 4.53b
- Website: https://www.emaarmisr.com
- Emaar Misr for Development Company (S.A.E.)
- Uptown Cairo Sales Centre
- PO Box 229
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 14:31|
|End of Day Share Price||2021/10/20 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.