company background image
ALCN

Alexandria Container&Cargo HandlingCASE:ALCN Stock Report

Market Cap

ج.م12.2b

7D

0.5%

1Y

0.3%

Updated

25 Oct, 2021

Data

Company Financials +
ALCN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends0/6

ALCN Overview

Alexandria Container&Cargo Handling Company provides specialized container handling services in Egypt.

Rewards

Trading at 0.5% below our estimate of its fair value

Earnings are forecast to grow 11.43% per year

Risk Analysis

No risks detected for ALCN from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Alexandria Container&Cargo Handling
Historical stock prices
Current Share Priceج.م8.01
52 Week Highج.م5.76
52 Week Lowج.م11.18
Beta0.094
1 Month Change-6.86%
3 Month Change-13.96%
1 Year Change0.25%
3 Year Change-44.87%
5 Year Change4.05%
Change since IPO1,799.61%

Recent News & Updates

Shareholder Returns

ALCNEG InfrastructureEG Market
7D0.5%0.7%-0.7%
1Y0.3%33.7%12.2%

Return vs Industry: ALCN underperformed the EG Infrastructure industry which returned 33.7% over the past year.

Return vs Market: ALCN underperformed the EG Market which returned 12.2% over the past year.

Price Volatility

Is ALCN's price volatile compared to industry and market?
ALCN volatility
ALCN Beta0.094
Industry Beta0.68
Market Beta1

Stable Share Price: ALCN is not significantly more volatile than the rest of EG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ALCN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1984n/aMohamed Ashraf Ibrahim Khalilhttps://alexcont.com

Alexandria Container&Cargo Handling Company provides specialized container handling services in Egypt. It operates two terminals, Alexandria and El Dekheila. The company was founded in 1984 and is based in Alexandria, Egypt.

Alexandria Container&Cargo Handling Fundamentals Summary

How do Alexandria Container&Cargo Handling's earnings and revenue compare to its market cap?
ALCN fundamental statistics
Market Capج.م12.19b
Earnings (TTM)ج.م1.41b
Revenue (TTM)ج.م2.40b

8.5x

P/E Ratio

5.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALCN income statement (TTM)
Revenueج.م2.40b
Cost of Revenueج.م854.50m
Gross Profitج.م1.54b
Expensesج.م132.44m
Earningsج.م1.41b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.95
Gross Margin64.36%
Net Profit Margin58.83%
Debt/Equity Ratio0.0%

How did ALCN perform over the long term?

See historical performance and comparison

Valuation

Is Alexandria Container&Cargo Handling undervalued compared to its fair value and its price relative to the market?

0.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ALCN (EGP8.01) is trading below our estimate of fair value (EGP8.05)

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


Price To Earnings Ratio

PE vs Industry: ALCN is good value based on its PE Ratio (8.5x) compared to the Global Infrastructure industry average (14.1x).

PE vs Market: ALCN is good value based on its PE Ratio (8.5x) compared to the EG market (8.8x).


Price to Earnings Growth Ratio

PEG Ratio: ALCN is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: ALCN is overvalued based on its PB Ratio (2.6x) compared to the XF Infrastructure industry average (1.1x).


Future Growth

How is Alexandria Container&Cargo Handling forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

11.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ALCN's forecast earnings growth (11.4% per year) is above the savings rate (9.1%).

Earnings vs Market: ALCN's earnings (11.4% per year) are forecast to grow slower than the EG market (13.7% per year).

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

Revenue vs Market: ALCN's revenue (8.5% per year) is forecast to grow slower than the EG market (9.9% per year).

High Growth Revenue: ALCN's revenue (8.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ALCN's Return on Equity is forecast to be high in 3 years time (31%)


Past Performance

How has Alexandria Container&Cargo Handling performed over the past 5 years?

-5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ALCN has high quality earnings.

Growing Profit Margin: ALCN's current net profit margins (58.8%) are higher than last year (57.8%).


Past Earnings Growth Analysis

Earnings Trend: ALCN's earnings have declined by 5.5% per year over the past 5 years.

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

Earnings vs Industry: ALCN had negative earnings growth (-5.6%) over the past year, making it difficult to compare to the Infrastructure industry average (0.2%).


Return on Equity

High ROE: ALCN's Return on Equity (30.9%) is considered high.


Financial Health

How is Alexandria Container&Cargo Handling's financial position?


Financial Position Analysis

Short Term Liabilities: ALCN's short term assets (EGP2.9B) exceed its short term liabilities (EGP331.0M).

Long Term Liabilities: ALCN's short term assets (EGP2.9B) exceed its long term liabilities (EGP60.4M).


Debt to Equity History and Analysis

Debt Level: ALCN is debt free.

Reducing Debt: ALCN has not had any debt for past 5 years.

Debt Coverage: ALCN has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ALCN has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Alexandria Container&Cargo Handling current dividend yield, its reliability and sustainability?

12.28%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ALCN'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?

0.8yrs

Average board tenure


CEO

Mohamed Ashraf Ibrahim Khalil

0.17

Tenure

Engineer Mohamed Ashraf Mahmoud Ibrahim Khalil serves as Director at Alexandria Container&Cargo Handling Company and serves as Managing Director since August 2021.


Board Members

Experienced Board: ALCN's board of directors are not considered experienced ( 0.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Alexandria Container&Cargo Handling Company's employee growth, exchange listings and data sources


Key Information

  • Name: Alexandria Container&Cargo Handling Company
  • Ticker: ALCN
  • Exchange: CASE
  • Founded: 1984
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: ج.م12.186b
  • Shares outstanding: 1.49b
  • Website: https://alexcont.com

Location

  • Alexandria Container&Cargo Handling Company
  • Port of Alexandria
  • Quay 23
  • Alexandria
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:48
End of Day Share Price2021/10/25 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.