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MFSC

Egypt Free ShopsCASE:MFSC Stock Report

Market Cap

ج.م681.6m

7D

0%

1Y

21.6%

Updated

20 Oct, 2021

Data

Company Financials
MFSC fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

MFSC Overview

Egypt Free Shops Co. imports and sells foreign and domestic goods through free shops.

Price History & Performance

Summary of all time highs, changes and price drops for Egypt Free Shops
Historical stock prices
Current Share Priceج.م7.27
52 Week Highج.م5.81
52 Week Lowج.م9.46
Beta0.71
1 Month Change-19.49%
3 Month Change1.68%
1 Year Change21.57%
3 Year Change15.40%
5 Year Change139.15%
Change since IPO401.76%

Recent News & Updates

Shareholder Returns

MFSCEG Specialty RetailEG Market
7D0%1.0%-0.4%
1Y21.6%62.9%9.2%

Return vs Industry: MFSC underperformed the EG Specialty Retail industry which returned 69.1% over the past year.

Return vs Market: MFSC exceeded the EG Market which returned 9.6% over the past year.

Price Volatility

Is MFSC's price volatile compared to industry and market?
MFSC volatility
MFSC Beta0.71
Industry Beta0.91
Market Beta1

Stable Share Price: MFSC is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: MFSC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1975n/aAshraf Ahmedhttps://www.efsco.net

Egypt Free Shops Co. imports and sells foreign and domestic goods through free shops. Its products include perfumes and beauty products, housewares, leather products, furniture and carpets, and devices. The company was founded in 1975 and is based in Giza, Egypt.

Egypt Free Shops Fundamentals Summary

How do Egypt Free Shops's earnings and revenue compare to its market cap?
MFSC fundamental statistics
Market Capج.م681.56m
Earnings (TTM)ج.م113.11m
Revenue (TTM)ج.م692.02m

6.0x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MFSC income statement (TTM)
Revenueج.م692.02m
Cost of Revenueج.م511.83m
Gross Profitج.م180.18m
Expensesج.م67.07m
Earningsج.م113.11m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.21
Gross Margin26.04%
Net Profit Margin16.34%
Debt/Equity Ratio2.4%

How did MFSC perform over the long term?

See historical performance and comparison

Dividends

16.5%

Current Dividend Yield

99%

Payout Ratio

Valuation

Is Egypt Free Shops undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MFSC (EGP7.27) is trading below our estimate of fair value (EGP28.95)

Significantly Below Fair Value: MFSC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MFSC is good value based on its PE Ratio (6x) compared to the African Specialty Retail industry average (9.2x).

PE vs Market: MFSC is good value based on its PE Ratio (6x) compared to the EG market (11.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MFSC is overvalued based on its PB Ratio (2.3x) compared to the XF Specialty Retail industry average (1.6x).


Future Growth

How is Egypt Free Shops forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.1%

Forecasted Retail 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 Egypt Free Shops 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 Egypt Free Shops performed over the past 5 years?

8.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MFSC has high quality earnings.

Growing Profit Margin: MFSC's current net profit margins (16.3%) are higher than last year (13.8%).


Past Earnings Growth Analysis

Earnings Trend: MFSC's earnings have grown by 8.1% per year over the past 5 years.

Accelerating Growth: MFSC's earnings growth over the past year (21.4%) exceeds its 5-year average (8.1% per year).

Earnings vs Industry: MFSC earnings growth over the past year (21.4%) underperformed the Specialty Retail industry 55.4%.


Return on Equity

High ROE: MFSC's Return on Equity (43.4%) is considered outstanding.


Financial Health

How is Egypt Free Shops's financial position?


Financial Position Analysis

Short Term Liabilities: MFSC's short term assets (EGP375.0M) exceed its short term liabilities (EGP134.4M).

Long Term Liabilities: MFSC's short term assets (EGP375.0M) exceed its long term liabilities (EGP4.6M).


Debt to Equity History and Analysis

Debt Level: MFSC's debt to equity ratio (2.4%) is considered satisfactory.

Reducing Debt: MFSC's debt to equity ratio has reduced from 3.2% to 2.4% over the past 5 years.

Debt Coverage: MFSC's debt is well covered by operating cash flow (2415.4%).

Interest Coverage: MFSC earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Egypt Free Shops's current dividend yield, its reliability and sustainability?

16.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MFSC's dividend (16.5%) is higher than the bottom 25% of dividend payers in the EG market (2.6%).

High Dividend: MFSC's dividend (16.5%) 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, MFSC has been paying a dividend for less than 10 years.

Growing Dividend: MFSC's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (99.4%), MFSC'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?


CEO

Ashraf Ahmed

no data

Tenure

Ashraf Zain Ahmed Ahmed serves as Chairman and Managing Director at Egypt Free Shops Co.


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

Egypt Free Shops Co.'s employee growth, exchange listings and data sources


Key Information

  • Name: Egypt Free Shops Co.
  • Ticker: MFSC
  • Exchange: CASE
  • Founded: 1975
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: ج.م681.563m
  • Shares outstanding: 93.75m
  • Website: https://www.efsco.net

Location

  • Egypt Free Shops Co.
  • 106 Gameat Al Dewal Al Arabia St
  • Mohandiseen Area
  • Giza
  • 12411
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:25
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.