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EMRI

Emerald Real Estate InvestmentCASE:EMRI Stock Report

Market Cap

ج.م638.0m

7D

-49.7%

1Y

-25.9%

Updated

26 Oct, 2021

Data

Company Financials
EMRI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

EMRI Overview

Emerald Real Estate Investment engages in the real estate business in Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for Emerald Real Estate Investment
Historical stock prices
Current Share Priceج.م1.86
52 Week Highج.م2.30
52 Week Lowج.م6.88
Beta0
1 Month Change-65.23%
3 Month Change-64.09%
1 Year Change-25.87%
3 Year Changen/a
5 Year Changen/a
Change since IPO104.60%

Recent News & Updates

Shareholder Returns

EMRIEG Real EstateEG Market
7D-49.7%-5.9%3.0%
1Y-25.9%27.3%12.4%

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

Return vs Market: EMRI underperformed the EG Market which returned 12.2% over the past year.

Price Volatility

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

Stable Share Price: EMRI is more volatile than 75% of EG stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: EMRI's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of EG stocks.

About the Company

FoundedEmployeesCEOWebsite
2009n/aHashem Hashem Desoukyhttps://www.emerald-re.com

Emerald Real Estate Investment engages in the real estate business in Egypt. It owns Emerald twin plaza, a commercial mall on the First Settlement- New Cairo. The company was founded in 2009 and is headquartered in Giza, Egypt.

Emerald Real Estate Investment Fundamentals Summary

How do Emerald Real Estate Investment's earnings and revenue compare to its market cap?
EMRI fundamental statistics
Market Capج.م638.00m
Earnings (TTM)ج.م22.23m
Revenue (TTM)ج.م52.79m

23.0x

P/E Ratio

9.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EMRI income statement (TTM)
Revenueج.م52.79m
Cost of Revenueج.م15.11m
Gross Profitج.م37.68m
Expensesج.م15.45m
Earningsج.م22.23m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.081
Gross Margin71.38%
Net Profit Margin42.11%
Debt/Equity Ratio9.6%

How did EMRI perform over the long term?

See historical performance and comparison

Valuation

Is Emerald Real Estate Investment undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EMRI (EGP2.32) is trading below our estimate of fair value (EGP7.56)

Significantly Below Fair Value: EMRI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EMRI is poor value based on its PE Ratio (28.7x) compared to the African Real Estate industry average (11.2x).

PE vs Market: EMRI is poor value based on its PE Ratio (28.7x) compared to the EG market (8.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EMRI is overvalued based on its PB Ratio (2x) compared to the XF Real Estate industry average (0.6x).


Future Growth

How is Emerald Real Estate Investment 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 Emerald Real Estate Investment 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 Emerald Real Estate Investment performed over the past 5 years?

17.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EMRI has high quality earnings.

Growing Profit Margin: EMRI's current net profit margins (42.1%) are higher than last year (25.3%).


Past Earnings Growth Analysis

Earnings Trend: EMRI's earnings have grown by 17.1% per year over the past 5 years.

Accelerating Growth: EMRI's earnings growth over the past year (59.1%) exceeds its 5-year average (17.1% per year).

Earnings vs Industry: EMRI earnings growth over the past year (59.1%) exceeded the Real Estate industry 2.6%.


Return on Equity

High ROE: EMRI's Return on Equity (7.7%) is considered low.


Financial Health

How is Emerald Real Estate Investment's financial position?


Financial Position Analysis

Short Term Liabilities: EMRI's short term assets (EGP46.9M) do not cover its short term liabilities (EGP95.3M).

Long Term Liabilities: EMRI's short term assets (EGP46.9M) do not cover its long term liabilities (EGP96.5M).


Debt to Equity History and Analysis

Debt Level: EMRI's debt to equity ratio (9.6%) is considered satisfactory.

Reducing Debt: EMRI's debt to equity ratio has reduced from 15% to 9.6% over the past 5 years.

Debt Coverage: EMRI's debt is well covered by operating cash flow (209.4%).

Interest Coverage: EMRI's interest payments on its debt are well covered by EBIT (112.7x coverage).


Balance Sheet


Dividend

What is Emerald Real Estate Investment current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if EMRI'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 EMRI'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

Hashem Hashem Desouky

no data

Tenure

Dr. Hashem El-Sayed Hashem Desouky serves as the Chief Executive Officer and Vice Chairman at Odin Investments (formerly known as ODIN Investments (S.A.E) (formerly known as Egyptians Abroad Investment & D...


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

Emerald Real Estate Investment's employee growth, exchange listings and data sources


Key Information

  • Name: Emerald Real Estate Investment
  • Ticker: EMRI
  • Exchange: CASE
  • Founded: 2009
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: ج.م638.000m
  • Shares outstanding: 275.00m
  • Website: https://www.emerald-re.com

Location

  • Emerald Real Estate Investment
  • Smart Village - Building No. 135B
  • Financial District
  • Giza
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 14:31
End of Day Share Price2021/10/26 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.