company background image
NCIN

Nile City InvestmentsCASE:NCIN Stock Report

Market Cap

ج.م2.5b

7D

0%

1Y

0%

Updated

25 Oct, 2021

Data

Company Financials
NCIN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends1/6

NCIN Overview

Nile City Investments operates towers, the mall, cinema complex, and office and retail spaces in Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for Nile City Investments
Historical stock prices
Current Share Priceج.م344.28
52 Week Highج.م344.28
52 Week Lowج.م344.28
Beta0
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Changen/a
5 Year Changen/a
Change since IPO-10.20%

Recent News & Updates

Shareholder Returns

NCINEG Real EstateEG Market
7D0%-3.3%-0.7%
1Y0%17.0%12.2%

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

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

Price Volatility

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

Stable Share Price: NCIN is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: NCIN's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981n/aNaguib Onssy Sawirishttps://nilecitytowers.com

Nile City Investments operates towers, the mall, cinema complex, and office and retail spaces in Egypt. It also provides financial services for office spaces. The company was founded in 1981 and is headquartered in Cairo, Egypt.

Nile City Investments Fundamentals Summary

How do Nile City Investments's earnings and revenue compare to its market cap?
NCIN fundamental statistics
Market Capج.م2.50b
Earnings (TTM)ج.م245.17m
Revenue (TTM)ج.م766.56m

10.2x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NCIN income statement (TTM)
Revenueج.م766.56m
Cost of Revenueج.م286.17m
Gross Profitج.م480.39m
Expensesج.م235.21m
Earningsج.م245.17m

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)33.82
Gross Margin62.67%
Net Profit Margin31.98%
Debt/Equity Ratio29.0%

How did NCIN perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Nile City Investments undervalued compared to its fair value and its price relative to the market?

10.18x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NCIN (EGP344.28) is trading above our estimate of fair value (EGP193.41)

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


Price To Earnings Ratio

PE vs Industry: NCIN is good value based on its PE Ratio (10.2x) compared to the African Real Estate industry average (11.2x).

PE vs Market: NCIN is poor value based on its PE Ratio (10.2x) compared to the EG market (8.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NCIN is overvalued based on its PB Ratio (1.3x) compared to the XF Real Estate industry average (0.6x).


Future Growth

How is Nile City Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.7%

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 Nile City Investments 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 Nile City Investments performed over the past 5 years?

-55.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: NCIN has high quality earnings.

Growing Profit Margin: NCIN's current net profit margins (32%) are lower than last year (46.3%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if NCIN's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: NCIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NCIN had negative earnings growth (-55.5%) over the past year, making it difficult to compare to the Real Estate industry average (2.6%).


Return on Equity

High ROE: NCIN's Return on Equity (12.3%) is considered low.


Financial Health

How is Nile City Investments's financial position?


Financial Position Analysis

Short Term Liabilities: NCIN's short term assets (EGP1.5B) exceed its short term liabilities (EGP400.6M).

Long Term Liabilities: NCIN's short term assets (EGP1.5B) exceed its long term liabilities (EGP580.2M).


Debt to Equity History and Analysis

Debt Level: NCIN's debt to equity ratio (29%) is considered satisfactory.

Reducing Debt: NCIN's debt to equity ratio has reduced from 108.3% to 29% over the past 5 years.

Debt Coverage: NCIN's debt is well covered by operating cash flow (21.7%).

Interest Coverage: NCIN's interest payments on its debt are well covered by EBIT (8.1x coverage).


Balance Sheet


Dividend

What is Nile City Investments's current dividend yield, its reliability and sustainability?

7.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NCIN's dividend (7.42%) is higher than the bottom 25% of dividend payers in the EG market (2.61%).

High Dividend: NCIN's dividend (7.42%) is low compared to the top 25% of dividend payers in the EG market (7.87%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether NCIN's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if NCIN's dividend payments are increasing as they only just started paying a dividend.


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: 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?


CEO

Naguib Onssy Sawiris (67 yo)

no data

Tenure

Eng. Naguib Onssy Naguib Sawiris serves as the Chief Executive Officer of Orascom Investment Holding S.A.E since January 1, 2020 and serves as its Managing Director. Eng. Sawiris serves as an Advisor at HO...


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

Nile City Investments's employee growth, exchange listings and data sources


Key Information

  • Name: Nile City Investments
  • Ticker: NCIN
  • Exchange: CASE
  • Founded: 1981
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: ج.م2.496b
  • Shares outstanding: 7.25m
  • Website: https://nilecitytowers.com

Location

  • Nile City Investments
  • Nile City Towers
  • 2005C Cornish El Nil
  • Cairo
  • 11221
  • 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 16:50
End of Day Share Price2021/10/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.