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MTIE

MM Group for Industry and International TradeECASE:MTIE Stock Report

Market Cap

ج.م6.7b

7D

8.0%

1Y

12.5%

Updated

17 Oct, 2021

Data

Company Financials +
MTIE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance3/6
Financial Health5/6
Dividends0/6

MTIE Overview

MM Group for Industry and International Trade S.A.E.

Rewards

Earnings are forecast to grow 17.07% per year

Risk Analysis

No risks detected for MTIE from our risk checks.

MM Group for Industry and International TradeE Competitors

Air Link Communication

KASE:AIRLINK

PK₨25.4b

Price History & Performance

Summary of all time highs, changes and price drops for MM Group for Industry and International TradeE
Historical stock prices
Current Share Priceج.م7.02
52 Week Highج.م5.68
52 Week Lowج.م10.40
Beta1.1
1 Month Change-9.07%
3 Month Change0.29%
1 Year Change12.50%
3 Year Change75.78%
5 Year Changen/a
Change since IPO165.72%

Recent News & Updates

Shareholder Returns

MTIEEG Retail DistributorsEG Market
7D8.0%9.1%1.3%
1Y12.5%48.1%10.0%

Return vs Industry: MTIE underperformed the EG Retail Distributors industry which returned 46.2% over the past year.

Return vs Market: MTIE exceeded the EG Market which returned 8.2% over the past year.

Price Volatility

Is MTIE's price volatile compared to industry and market?
MTIE volatility
MTIE Beta1.1
Industry Beta1
Market Beta1

Stable Share Price: MTIE is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MTIE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1996n/aKhaled Mahmoudhttps://mti-mmgroup.com

MM Group for Industry and International Trade S.A.E. engages in the distribution business in Egypt. The company engages in the distribution of consumer electronics, such as mobile phones, televisions, and air conditioners; telecommunication products, including pre-paid and post-paid, and e-top-up terminals/credit recharge, as well as mobile and broadband devices and accessories; luxury vehicles; and seamless pipes and tubes for applications in the oil and gas, power generation, and industrial chemicals industries. It also assembles and distributes agricultural tractors.

MM Group for Industry and International TradeE Fundamentals Summary

How do MM Group for Industry and International TradeE's earnings and revenue compare to its market cap?
MTIE fundamental statistics
Market Capج.م6.72b
Earnings (TTM)ج.م330.00m
Revenue (TTM)ج.م9.17b

20.6x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTIE income statement (TTM)
Revenueج.م9.17b
Cost of Revenueج.م8.23b
Gross Profitج.م947.87m
Expensesج.م617.88m
Earningsج.م330.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.34
Gross Margin10.33%
Net Profit Margin3.60%
Debt/Equity Ratio15.4%

How did MTIE perform over the long term?

See historical performance and comparison

Valuation

Is MM Group for Industry and International TradeE undervalued compared to its fair value and its price relative to the market?

20.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MTIE (EGP7.02) is trading above our estimate of fair value (EGP4.47)

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


Price To Earnings Ratio

PE vs Industry: MTIE is poor value based on its PE Ratio (20.6x) compared to the African Retail Distributors industry average (20.4x).

PE vs Market: MTIE is poor value based on its PE Ratio (20.6x) compared to the EG market (12.3x).


Price to Earnings Growth Ratio

PEG Ratio: MTIE is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: MTIE's PB Ratio (3.6x) is in line with the XF Retail Distributors industry average.


Future Growth

How is MM Group for Industry and International TradeE forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

17.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTIE's forecast earnings growth (17.1% per year) is above the savings rate (9.1%).

Earnings vs Market: MTIE's earnings (17.1% per year) are forecast to grow faster than the EG market (14.2% per year).

High Growth Earnings: MTIE's earnings are forecast to grow, but not significantly.

Revenue vs Market: MTIE's revenue (12.5% per year) is forecast to grow faster than the EG market (9.9% per year).

High Growth Revenue: MTIE's revenue (12.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MTIE's Return on Equity is forecast to be high in 3 years time (22.6%)


Past Performance

How has MM Group for Industry and International TradeE performed over the past 5 years?

3.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTIE has high quality earnings.

Growing Profit Margin: MTIE's current net profit margins (3.6%) are lower than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: MTIE's earnings have grown by 3.7% per year over the past 5 years.

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

Earnings vs Industry: MTIE had negative earnings growth (-7.8%) over the past year, making it difficult to compare to the Retail Distributors industry average (-7.8%).


Return on Equity

High ROE: MTIE's Return on Equity (20.5%) is considered high.


Financial Health

How is MM Group for Industry and International TradeE's financial position?


Financial Position Analysis

Short Term Liabilities: MTIE's short term assets (EGP2.7B) exceed its short term liabilities (EGP1.3B).

Long Term Liabilities: MTIE's short term assets (EGP2.7B) exceed its long term liabilities (EGP110.4M).


Debt to Equity History and Analysis

Debt Level: MTIE's debt to equity ratio (15.4%) is considered satisfactory.

Reducing Debt: MTIE's debt to equity ratio has increased from 2.8% to 15.4% over the past 5 years.

Debt Coverage: MTIE's debt is well covered by operating cash flow (105.9%).

Interest Coverage: MTIE's interest payments on its debt are well covered by EBIT (18.3x coverage).


Balance Sheet


Dividend

What is MM Group for Industry and International TradeE current dividend yield, its reliability and sustainability?

3.93%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if MTIE'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 MTIE's dividend in 3 years as they are not forecast to pay a notable one for the EG market.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Khaled Mahmoud

no data

Tenure

Mr. Khaled Gamal El-Din Mohamed Mahmoud is the Founder of M.M. Group for Industry and International Trade, S.A.E. and serves as its Chairman and Chief Executive Officer. Mr. Mahmoud has over 30 years of ex...


Leadership Team

Experienced Management: MTIE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


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

MM Group for Industry and International Trade S.A.E.'s employee growth, exchange listings and data sources


Key Information

  • Name: MM Group for Industry and International Trade S.A.E.
  • Ticker: MTIE
  • Exchange: CASE
  • Founded: 1996
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: ج.م6.719b
  • Shares outstanding: 966.80m
  • Website: https://mti-mmgroup.com

Location

  • MM Group for Industry and International Trade S.A.E.
  • 18 El-Obour Buildings
  • Salah Salem Street
  • Cairo
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 16:16
End of Day Share Price2021/10/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.