Palm Hills Developments S.A.E. develops integrated residential, commercial real estate, and resort projects primarily in Egypt.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م1.91|
|52 Week High||ج.م1.22|
|52 Week Low||ج.م2.12|
|1 Month Change||-6.42%|
|3 Month Change||2.08%|
|1 Year Change||33.85%|
|3 Year Change||-9.05%|
|5 Year Change||-15.86%|
|Change since IPO||-86.31%|
Recent News & Updates
|PHDC||EG Real Estate||EG Market|
Return vs Industry: PHDC exceeded the EG Real Estate industry which returned 24.7% over the past year.
Return vs Market: PHDC exceeded the EG Market which returned 8.2% over the past year.
Stable Share Price: PHDC is less volatile than 75% of EG stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PHDC's weekly volatility (4%) has been stable over the past year.
About the Company
|1997||n/a||Yasseen Ibrahim Mansour||https://www.palmhillsdevelopments.com|
Palm Hills Developments S.A.E. develops integrated residential, commercial real estate, and resort projects primarily in Egypt. The company establishes, owns, manages, sells, and rents apartments and commercial malls, hotels, motels, hotel suites, and tourist villages, as well as sports clubs. It also offers tourism and real estate marketing services.
Palm Hills DevelopmentsE Fundamentals Summary
|PHDC fundamental statistics|
Is PHDC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PHDC income statement (TTM)|
|Cost of Revenue||ج.م4.53b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.30|
|Net Profit Margin||12.52%|
How did PHDC perform over the long term?See historical performance and comparison
5.2%Current Dividend Yield
Is Palm Hills DevelopmentsE 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: PHDC (EGP1.91) is trading above our estimate of fair value (EGP0.65)
Significantly Below Fair Value: PHDC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PHDC is good value based on its PE Ratio (6.4x) compared to the EG Real Estate industry average (20.8x).
PE vs Market: PHDC is good value based on its PE Ratio (6.4x) compared to the EG market (12.3x).
Price to Earnings Growth Ratio
PEG Ratio: PHDC is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: PHDC is good value based on its PB Ratio (0.7x) compared to the EG Real Estate industry average (2.3x).
How is Palm Hills DevelopmentsE forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PHDC's forecast earnings growth (10.3% per year) is above the savings rate (9.1%).
Earnings vs Market: PHDC's earnings (10.3% per year) are forecast to grow slower than the EG market (14.2% per year).
High Growth Earnings: PHDC's earnings are forecast to grow, but not significantly.
Revenue vs Market: PHDC's revenue (1.3% per year) is forecast to grow slower than the EG market (9.9% per year).
High Growth Revenue: PHDC's revenue (1.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PHDC's Return on Equity is forecast to be low in 3 years time (10.6%).
How has Palm Hills DevelopmentsE performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PHDC has high quality earnings.
Growing Profit Margin: PHDC's current net profit margins (12.5%) are higher than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: PHDC's earnings have grown by 3.6% per year over the past 5 years.
Accelerating Growth: PHDC's earnings growth over the past year (34.3%) exceeds its 5-year average (3.6% per year).
Earnings vs Industry: PHDC earnings growth over the past year (34.3%) exceeded the Real Estate industry 2.6%.
Return on Equity
High ROE: PHDC's Return on Equity (10.4%) is considered low.
How is Palm Hills DevelopmentsE's financial position?
Financial Position Analysis
Short Term Liabilities: PHDC's short term assets (EGP20.5B) do not cover its short term liabilities (EGP22.6B).
Long Term Liabilities: PHDC's short term assets (EGP20.5B) exceed its long term liabilities (EGP9.0B).
Debt to Equity History and Analysis
Debt Level: PHDC's debt to equity ratio (80.9%) is considered high.
Reducing Debt: PHDC's debt to equity ratio has increased from 75.5% to 80.9% over the past 5 years.
Debt Coverage: PHDC's debt is well covered by operating cash flow (29.6%).
Interest Coverage: PHDC's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is Palm Hills DevelopmentsE current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PHDC's dividend (5.24%) is higher than the bottom 25% of dividend payers in the EG market (2.69%).
High Dividend: PHDC's dividend (5.24%) is low compared to the top 25% of dividend payers in the EG market (7.43%).
Stability and Growth of Payments
Stable Dividend: PHDC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: PHDC has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.1%), PHDC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PHDC's dividends in 3 years are forecast to be well covered by earnings (26.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yasseen Ibrahim Mansour
Mr. Yasseen Ibrahim Lutfy Mansour has been the Chairman of the Board at Palm Hills Developments Company S.A.E. since January 2005 and its Group Chief Executive Officer since December 7, 2017 also serves as...
Experienced Management: PHDC's management team is seasoned and experienced (6 years average tenure).
Experienced Board: PHDC's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Palm Hills Developments S.A.E.'s employee growth, exchange listings and data sources
- Name: Palm Hills Developments S.A.E.
- Ticker: PHDC
- Exchange: CASE
- Founded: 1997
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: ج.م5.792b
- Shares outstanding: 3.04b
- Website: https://www.palmhillsdevelopments.com
- Palm Hills Developments S.A.E.
- Smart Village, A4 - B83
- KM28, Alexandria Desert Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 16:16|
|End of Day Share Price||2021/10/17 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.