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FWRY

Fawry for Banking Technology and Electronic PaymentsECASE:FWRY Stock Report

Market Cap

ج.م28.2b

7D

-2.4%

1Y

-26.5%

Updated

20 Oct, 2021

Data

Company Financials +
FWRY fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance6/6
Financial Health4/6
Dividends0/6

FWRY Overview

Fawry for Banking Technology and Electronic Payments S.A.E.

Price History & Performance

Summary of all time highs, changes and price drops for Fawry for Banking Technology and Electronic PaymentsE
Historical stock prices
Current Share Priceج.م16.00
52 Week Highج.م13.42
52 Week Lowج.م41.31
Beta0.55
1 Month Change7.82%
3 Month Change-14.26%
1 Year Change-26.49%
3 Year Changen/a
5 Year Changen/a
Change since IPO142.03%

Recent News & Updates

Shareholder Returns

FWRYEG ITEG Market
7D-2.4%3.8%0.5%
1Y-26.5%-13.7%9.6%

Return vs Industry: FWRY underperformed the EG IT industry which returned -13.7% over the past year.

Return vs Market: FWRY underperformed the EG Market which returned 9.6% over the past year.

Price Volatility

Is FWRY's price volatile compared to industry and market?
FWRY volatility
FWRY Beta0.55
Industry Beta0.55
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2008n/aAshraf Kamel Sabryhttps://fawry.com

Fawry for Banking Technology and Electronic Payments S.A.E. operates as an electronic payment network in Egypt. Its network offers financial services to consumers and businesses. The company provides payment gateway and e-commerce solutions; and services for businesses include collection, customer acquisition, electronic cash, payment facilitation, and business-to-business collection center services.

Fawry for Banking Technology and Electronic PaymentsE Fundamentals Summary

How do Fawry for Banking Technology and Electronic PaymentsE's earnings and revenue compare to its market cap?
FWRY fundamental statistics
Market Capج.م28.15b
Earnings (TTM)ج.م206.63m
Revenue (TTM)ج.م1.43b

132.2x

P/E Ratio

19.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FWRY income statement (TTM)
Revenueج.م1.43b
Cost of Revenueج.م653.74m
Gross Profitج.م774.12m
Expensesج.م567.49m
Earningsج.م206.63m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.12
Gross Margin54.22%
Net Profit Margin14.47%
Debt/Equity Ratio54.8%

How did FWRY perform over the long term?

See historical performance and comparison

Valuation

Is Fawry for Banking Technology and Electronic PaymentsE undervalued compared to its fair value and its price relative to the market?

132.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FWRY (EGP16) is trading above our estimate of fair value (EGP7.62)

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


Price To Earnings Ratio

PE vs Industry: FWRY is poor value based on its PE Ratio (132.2x) compared to the African IT industry average (17.7x).

PE vs Market: FWRY is poor value based on its PE Ratio (132.2x) compared to the EG market (11.8x).


Price to Earnings Growth Ratio

PEG Ratio: FWRY is poor value based on its PEG Ratio (4.5x)


Price to Book Ratio

PB vs Industry: FWRY is overvalued based on its PB Ratio (21.3x) compared to the XF IT industry average (1.8x).


Future Growth

How is Fawry for Banking Technology and Electronic PaymentsE forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

29.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FWRY's forecast earnings growth (29.3% per year) is above the savings rate (9.1%).

Earnings vs Market: FWRY's earnings (29.3% per year) are forecast to grow faster than the EG market (14.4% per year).

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

Revenue vs Market: FWRY's revenue (28.6% per year) is forecast to grow faster than the EG market (10% per year).

High Growth Revenue: FWRY's revenue (28.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FWRY's Return on Equity is forecast to be high in 3 years time (26%)


Past Performance

How has Fawry for Banking Technology and Electronic PaymentsE performed over the past 5 years?

35.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FWRY has high quality earnings.

Growing Profit Margin: FWRY's current net profit margins (14.5%) are higher than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: FWRY's earnings have grown significantly by 35.9% per year over the past 5 years.

Accelerating Growth: FWRY's earnings growth over the past year (54.7%) exceeds its 5-year average (35.9% per year).

Earnings vs Industry: FWRY earnings growth over the past year (54.7%) exceeded the IT industry 8.8%.


Return on Equity

High ROE: FWRY's Return on Equity (20.8%) is considered high.


Financial Health

How is Fawry for Banking Technology and Electronic PaymentsE's financial position?


Financial Position Analysis

Short Term Liabilities: FWRY's short term assets (EGP2.9B) exceed its short term liabilities (EGP2.1B).

Long Term Liabilities: FWRY's short term assets (EGP2.9B) exceed its long term liabilities (EGP233.3M).


Debt to Equity History and Analysis

Debt Level: FWRY's debt to equity ratio (54.8%) is considered high.

Reducing Debt: FWRY's debt to equity ratio has increased from 40.5% to 54.8% over the past 5 years.

Debt Coverage: FWRY's debt is well covered by operating cash flow (90.9%).

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


Balance Sheet


Dividend

What is Fawry for Banking Technology and Electronic PaymentsE current dividend yield, its reliability and sustainability?

0.29%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if FWRY'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 FWRY'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?

1.8yrs

Average management tenure


CEO

Ashraf Kamel Sabry

no data

Tenure

Mr. Ashraf Kamel Mousa Sabry serves as Chief Executive Officer and Managing Director of Fawry for Banking Technology and Electronic Payments S.A.E. (formerly known as Fawry Banking & Payment Technology Ser...


Leadership Team

Experienced Management: FWRY's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: FWRY's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 88.2%.


Top Shareholders

Company Information

Fawry for Banking Technology and Electronic Payments S.A.E.'s employee growth, exchange listings and data sources


Key Information

  • Name: Fawry for Banking Technology and Electronic Payments S.A.E.
  • Ticker: FWRY
  • Exchange: CASE
  • Founded: 2008
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: ج.م28.153b
  • Shares outstanding: 1.71b
  • Website: https://fawry.com

Location

  • Fawry for Banking Technology and Electronic Payments S.A.E.
  • Building 221
  • 12th Floor
  • Giza
  • 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 15:30
End of Day Share Price2021/10/20 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.