Arab Real Estate Investment Co. engages in the real estate business in Egypt.
Price History & Performance
|Historical stock prices|
|Current Share Price||ج.م0.73|
|52 Week High||ج.م0.69|
|52 Week Low||ج.م1.76|
|1 Month Change||-10.39%|
|3 Month Change||-39.02%|
|1 Year Change||-5.66%|
|3 Year Change||40.96%|
|5 Year Change||22.17%|
|Change since IPO||-95.58%|
Recent News & Updates
|RREI||EG Real Estate||EG Market|
Return vs Industry: RREI underperformed the EG Real Estate industry which returned 17% over the past year.
Return vs Market: RREI underperformed the EG Market which returned 12.2% over the past year.
Stable Share Price: RREI is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: RREI's weekly volatility (7%) has been stable over the past year.
About the Company
Arab Real Estate Investment Co. engages in the real estate business in Egypt. The company invests and develops building, housing, tourism, and industrial projects; and leases and administrates theatres, cinemas, hospitals, schools, sporting and entertaining buildings, markets, and garages. It also purchases, possess, and divides land for the purpose of building and selling with necessary utilities; and maintains and manages administrative and housing compounds.
Arab Real Estate Investment Fundamentals Summary
|RREI fundamental statistics|
Is RREI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RREI income statement (TTM)|
|Cost of Revenue||ج.م31.34m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.036|
|Net Profit Margin||23.72%|
How did RREI perform over the long term?See historical performance and comparison
Is Arab Real Estate Investment 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: Insufficient data to calculate RREI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RREI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RREI is poor value based on its PE Ratio (20.5x) compared to the African Real Estate industry average (11.2x).
PE vs Market: RREI is poor value based on its PE Ratio (20.5x) compared to the EG market (8.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RREI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RREI is good value based on its PB Ratio (0.5x) compared to the XF Real Estate industry average (0.6x).
How is Arab Real Estate Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Arab 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.
How has Arab Real Estate Investment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RREI has a large one-off gain of EGP5.5M impacting its June 30 2021 financial results.
Growing Profit Margin: RREI's current net profit margins (23.7%) are higher than last year (22.7%).
Past Earnings Growth Analysis
Earnings Trend: RREI's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: RREI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RREI had negative earnings growth (-8.3%) over the past year, making it difficult to compare to the Real Estate industry average (2.6%).
Return on Equity
High ROE: RREI's Return on Equity (2.6%) is considered low.
How is Arab Real Estate Investment's financial position?
Financial Position Analysis
Short Term Liabilities: RREI's short term assets (EGP444.3M) exceed its short term liabilities (EGP208.4M).
Long Term Liabilities: RREI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RREI's debt to equity ratio (0.06%) is considered satisfactory.
Reducing Debt: RREI's debt to equity ratio has reduced from 1.4% to 0.06% over the past 5 years.
Debt Coverage: RREI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RREI earns more interest than it pays, so coverage of interest payments is not a concern.
What is Arab Real Estate Investment current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RREI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RREI'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 RREI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RREI'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 RREI's dividend in 3 years as they are not forecast to pay a notable one for the EG market.
How experienced are the management team and are they aligned to shareholders interests?
Sameh Saleem Harfouch serves as the Chairman and Managing Director at Arab Real Estate Investment.
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.
Arab Real Estate Investment Co.'s employee growth, exchange listings and data sources
- Name: Arab Real Estate Investment Co.
- Ticker: RREI
- Exchange: CASE
- Founded: 1991
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: ج.م179.379m
- Shares outstanding: 246.40m
- Website: https://www.arabianrealestate-aleco.com
- Arab Real Estate Investment Co.
- 8 Mohammed Khader Hussein Street
- Ard Elgolf
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:48|
|End of Day Share Price||2021/10/25 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.