Madinet Nasr for Housing and Development S.A.E.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م2.66|
|52 Week High||ج.م2.59|
|52 Week Low||ج.م3.96|
|1 Month Change||1.53%|
|3 Month Change||-16.42%|
|1 Year Change||-25.63%|
|3 Year Change||-53.31%|
|5 Year Change||-42.59%|
|Change since IPO||405.93%|
Recent News & Updates
|MNHD||EG Real Estate||EG Market|
Return vs Industry: MNHD underperformed the EG Real Estate industry which returned 22.8% over the past year.
Return vs Market: MNHD underperformed the EG Market which returned 9.2% over the past year.
Stable Share Price: MNHD is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MNHD's weekly volatility (4%) has been stable over the past year.
About the Company
Madinet Nasr for Housing and Development S.A.E. operates as a real estate development company in Egypt. The company engages in the acquisition, development, sale, and rental of land and real estate, as well as establishment, management, and investment of residential, administrative, tourist, and recreational projects. The company was founded in 1959 and is headquartered in Cairo, Egypt.
Madinet Nasr for Housing & DevelopmentE Fundamentals Summary
|MNHD fundamental statistics|
Is MNHD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MNHD income statement (TTM)|
|Cost of Revenue||ج.م1.33b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.44|
|Net Profit Margin||23.93%|
How did MNHD perform over the long term?See historical performance and comparison
16.3%Current Dividend Yield
Is Madinet Nasr for Housing & DevelopmentE 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: MNHD (EGP2.66) is trading above our estimate of fair value (EGP2.3)
Significantly Below Fair Value: MNHD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MNHD is good value based on its PE Ratio (6.1x) compared to the EG Real Estate industry average (20.5x).
PE vs Market: MNHD is good value based on its PE Ratio (6.1x) compared to the EG market (11.6x).
Price to Earnings Growth Ratio
PEG Ratio: MNHD is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: MNHD is good value based on its PB Ratio (1x) compared to the EG Real Estate industry average (2x).
How is Madinet Nasr for Housing & DevelopmentE forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MNHD's forecast earnings growth (9.9% per year) is above the savings rate (9.1%).
Earnings vs Market: MNHD's earnings (9.9% per year) are forecast to grow slower than the EG market (14.5% per year).
High Growth Earnings: MNHD's earnings are forecast to grow, but not significantly.
Revenue vs Market: MNHD's revenue (5.6% per year) is forecast to grow slower than the EG market (9.9% per year).
High Growth Revenue: MNHD's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MNHD's Return on Equity is forecast to be low in 3 years time (13.8%).
How has Madinet Nasr for Housing & DevelopmentE performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MNHD has high quality earnings.
Growing Profit Margin: MNHD's current net profit margins (23.9%) are lower than last year (36.1%).
Past Earnings Growth Analysis
Earnings Trend: MNHD's earnings have grown by 3.6% per year over the past 5 years.
Accelerating Growth: MNHD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MNHD had negative earnings growth (-25.2%) over the past year, making it difficult to compare to the Real Estate industry average (2.6%).
Return on Equity
High ROE: MNHD's Return on Equity (18.1%) is considered low.
How is Madinet Nasr for Housing & DevelopmentE's financial position?
Financial Position Analysis
Short Term Liabilities: MNHD's short term assets (EGP12.8B) exceed its short term liabilities (EGP4.0B).
Long Term Liabilities: MNHD's short term assets (EGP12.8B) exceed its long term liabilities (EGP12.0B).
Debt to Equity History and Analysis
Debt Level: MNHD's debt to equity ratio (85.8%) is considered high.
Reducing Debt: MNHD's debt to equity ratio has increased from 25.8% to 85.8% over the past 5 years.
Debt Coverage: MNHD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MNHD's interest payments on its debt are well covered by EBIT (12.6x coverage).
What is Madinet Nasr for Housing & DevelopmentE current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MNHD's dividend (16.27%) is higher than the bottom 25% of dividend payers in the EG market (2.67%).
High Dividend: MNHD's dividend (16.27%) is in the top 25% of dividend payers in the EG market (7.53%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MNHD has been paying a dividend for less than 10 years.
Growing Dividend: MNHD has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (98.6%), MNHD's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Madinet Nasr for Housing & DevelopmentE has no CEO, or we have no data on them.
Experienced Management: MNHD's management team is considered experienced (2.8 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.
Madinet Nasr for Housing & Development S.A.E.'s employee growth, exchange listings and data sources
- Name: Madinet Nasr for Housing & Development S.A.E.
- Ticker: MNHD
- Exchange: CASE
- Founded: 1959
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: ج.م3.984b
- Shares outstanding: 1.50b
- Website: https://mnhd.com
- Madinet Nasr for Housing & Development S.A.E.
- 4 Youssef Abbas Street
- District 2
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.