Talaat Mostafa Group Holding Company TMG Holding (S.A.E) (CASE:TMGH) - Share price, News & Analysis

TMGH fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	3/6
Financial Health	3/6
Dividends	0/6

TMGH Overview

Talaat Mostafa Group Holding Company TMG Holding (S.A.E) operates as a community real estate developer in Egypt.

Rewards

Trading at 4.8% below our estimate of its fair value

Earnings are forecast to grow 21.39% per year

Earnings grew by 4% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Price History & Performance

Summary of all time highs, changes and price drops for Talaat Mostafa Group Holding Company TMG Holding (S.A.E)
Historical stock prices
Current Share Price	ج.م7.26
52 Week High	ج.م5.41
52 Week Low	ج.م7.90
Beta	0.52
1 Month Change	0.28%
3 Month Change	2.25%
1 Year Change	15.42%
3 Year Change	-23.82%
5 Year Change	28.04%
Change since IPO	-25.59%

Shareholder Returns

	TMGH	EG Real Estate	EG Market
7D	-1.5%	-3.3%	-0.7%
1Y	15.4%	17.0%	12.2%

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

Return vs Market: TMGH exceeded the EG Market which returned 12.2% over the past year.

Price Volatility

Is TMGH's price volatile compared to industry and market?
TMGH volatility
TMGH Beta	0.52
Industry Beta	0.80
Market Beta	1

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

Volatility Over Time: TMGH's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Hisham Mostafa	https://www.talaatmoustafa.com

Talaat Mostafa Group Holding Company TMG Holding (S.A.E) operates as a community real estate developer in Egypt. The company develops residential cities and community complexes; and hotels and resorts. It has a land bank of 53 million square meters.

Talaat Mostafa Group Holding Company TMG Holding (S.A.E) Fundamentals Summary

How do Talaat Mostafa Group Holding Company TMG Holding (S.A.E)'s earnings and revenue compare to its market cap?
TMGH fundamental statistics
Market Cap	ج.م14.96b
Earnings (TTM)	ج.م1.84b
Revenue (TTM)	ج.م15.26b

8.2x

P/E Ratio

1.0x

P/S Ratio

Is TMGH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TMGH income statement (TTM)
Revenue	ج.م15.26b
Cost of Revenue	ج.م10.77b
Gross Profit	ج.م4.49b
Expenses	ج.م2.65b
Earnings	ج.م1.84b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.89
Gross Margin	29.42%
Net Profit Margin	12.03%
Debt/Equity Ratio	67.0%

How did TMGH perform over the long term?

See historical performance and comparison

Valuation

Is Talaat Mostafa Group Holding Company TMG Holding (S.A.E) undervalued compared to its fair value and its price relative to the market?

4.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TMGH (EGP7.26) is trading below our estimate of fair value (EGP7.63)

Significantly Below Fair Value: TMGH is trading below fair value, but not by a significant amount.

Price To Earnings Ratio

PE vs Industry: TMGH is good value based on its PE Ratio (8.2x) compared to the African Real Estate industry average (11.2x).

PE vs Market: TMGH is good value based on its PE Ratio (8.2x) compared to the EG market (8.8x).

Price to Earnings Growth Ratio

PEG Ratio: TMGH is good value based on its PEG Ratio (0.4x)

Price to Book Ratio

PB vs Industry: TMGH is good value based on its PB Ratio (0.5x) compared to the XF Real Estate industry average (0.6x).

Future Growth

How is Talaat Mostafa Group Holding Company TMG Holding (S.A.E) forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

21.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TMGH's forecast earnings growth (21.4% per year) is above the savings rate (9.1%).

Earnings vs Market: TMGH's earnings (21.4% per year) are forecast to grow faster than the EG market (13.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TMGH's revenue (11% per year) is forecast to grow faster than the EG market (9.9% per year).

High Growth Revenue: TMGH's revenue (11% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TMGH's Return on Equity is forecast to be low in 3 years time (15.8%).

Past Performance

How has Talaat Mostafa Group Holding Company TMG Holding (S.A.E) performed over the past 5 years?

16.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TMGH has high quality earnings.

Growing Profit Margin: TMGH's current net profit margins (12%) are lower than last year (15.9%).

Past Earnings Growth Analysis

Earnings Trend: TMGH's earnings have grown by 16% per year over the past 5 years.

Accelerating Growth: TMGH's earnings growth over the past year (4%) is below its 5-year average (16% per year).

Earnings vs Industry: TMGH earnings growth over the past year (4%) exceeded the Real Estate industry 2.6%.

Return on Equity

High ROE: TMGH's Return on Equity (5.3%) is considered low.

Financial Health

How is Talaat Mostafa Group Holding Company TMG Holding (S.A.E)'s financial position?

Financial Position Analysis

Short Term Liabilities: TMGH's short term assets (EGP95.4B) exceed its short term liabilities (EGP78.5B).

Long Term Liabilities: TMGH's short term assets (EGP95.4B) exceed its long term liabilities (EGP12.8B).

Debt to Equity History and Analysis

Debt Level: TMGH's debt to equity ratio (67%) is considered high.

Reducing Debt: TMGH's debt to equity ratio has increased from 22.1% to 67% over the past 5 years.

Debt Coverage: TMGH's debt is not well covered by operating cash flow (12.7%).

Interest Coverage: TMGH's interest payments on its debt are well covered by EBIT (13.2x coverage).

Balance Sheet

Dividend

What is Talaat Mostafa Group Holding Company TMG Holding (S.A.E) current dividend yield, its reliability and sustainability?

3.01%

Forecast Dividend Yield

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TMGH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TMGH'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 TMGH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TMGH's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: TMGH is not paying a notable dividend for the EG market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TMGH's dividend in 3 years as they are not forecast to pay a notable one for the EG market.

Next Steps

Explore strong dividend paying companies in the Real Estate industry.

Management

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

16.8yrs

Average management tenure

CEO

Hisham Mostafa

no data

Tenure

Mr. Hisham Talaat Mostafa founded Talaat Mostafa Group Holding S.A.E. Mr. Mostafa serves as Managing Director, Chief Executive Officer and Executive Director of Talaat Mostafa Group Holding Company TMG Hol...

Leadership Team

Experienced Management: TMGH's management team is seasoned and experienced (16.8 years average tenure).

Board Members

Experienced Board: TMGH's board of directors are considered experienced (4.7 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.

Data	Last Updated (UTC time)
Company Analysis	2021/10/25 16:51
End of Day Share Price	2021/10/25 00:00
Earnings	2021/06/30
Annual Earnings	2020/12/31

Market Cap

7D

1Y

Updated

Data