company background image
MNHD

Madinet Nasr for Housing & DevelopmentECASE:MNHD Stock Report

Market Cap

ج.م4.0b

7D

1.1%

1Y

-25.6%

Updated

21 Oct, 2021

Data

Company Financials +
MNHD fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health3/6
Dividends2/6

MNHD Overview

Madinet Nasr for Housing and Development S.A.E.

Price History & Performance

Summary of all time highs, changes and price drops for Madinet Nasr for Housing & DevelopmentE
Historical stock prices
Current Share Priceج.م2.66
52 Week Highج.م2.59
52 Week Lowج.م3.96
Beta0.53
1 Month Change1.53%
3 Month Change-16.42%
1 Year Change-25.63%
3 Year Change-53.31%
5 Year Change-42.59%
Change since IPO405.93%

Recent News & Updates

Shareholder Returns

MNHDEG Real EstateEG Market
7D1.1%-3.6%-0.8%
1Y-25.6%28.5%11.1%

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.

Price Volatility

Is MNHD's price volatile compared to industry and market?
MNHD volatility
MNHD Beta0.53
Industry Beta0.80
Market Beta1

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

FoundedEmployeesCEOWebsite
1959n/an/ahttps://mnhd.com

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

How do Madinet Nasr for Housing & DevelopmentE's earnings and revenue compare to its market cap?
MNHD fundamental statistics
Market Capج.م3.98b
Earnings (TTM)ج.م654.99m
Revenue (TTM)ج.م2.74b

6.1x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MNHD income statement (TTM)
Revenueج.م2.74b
Cost of Revenueج.م1.33b
Gross Profitج.م1.41b
Expensesج.م750.54m
Earningsج.م654.99m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin51.35%
Net Profit Margin23.93%
Debt/Equity Ratio85.8%

How did MNHD perform over the long term?

See historical performance and comparison

Dividends

16.3%

Current Dividend Yield

99%

Payout Ratio

Valuation

Is Madinet Nasr for Housing & DevelopmentE undervalued compared to its fair value and its price relative to the market?

6.08x

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).


Future Growth

How is Madinet Nasr for Housing & DevelopmentE forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

9.9%

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%).


Past Performance

How has Madinet Nasr for Housing & DevelopmentE performed over the past 5 years?

3.6%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Madinet Nasr for Housing & DevelopmentE current dividend yield, its reliability and sustainability?

16.27%

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.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Madinet Nasr for Housing & DevelopmentE has no CEO, or we have no data on them.


Leadership Team

Experienced Management: MNHD's management team is considered experienced (2.8 years average tenure).


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

Madinet Nasr for Housing & Development S.A.E.'s employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Madinet Nasr for Housing & Development S.A.E.
  • 4 Youssef Abbas Street
  • District 2
  • Cairo
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 14:31
End of Day Share Price2021/10/20 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.