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CSAG

Canal Shipping AgenciesCASE:CSAG Stock Report

Market Cap

ج.م3.6b

7D

-0.9%

1Y

36.2%

Updated

19 Oct, 2021

Data

Company Financials
CSAG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

CSAG Overview

Canal Shipping Agencies Company provides various shipping services to the international commercial fleet in Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for Canal Shipping Agencies
Historical stock prices
Current Share Priceج.م18.00
52 Week Highج.م8.56
52 Week Lowج.م21.20
Beta0.66
1 Month Change0%
3 Month Change6.57%
1 Year Change36.16%
3 Year Change138.73%
5 Year Change321.55%
Change since IPO656.30%

Recent News & Updates

Shareholder Returns

CSAGEG InfrastructureEG Market
7D-0.9%0.5%2.5%
1Y36.2%31.4%10.9%

Return vs Industry: CSAG exceeded the EG Infrastructure industry which returned 31.4% over the past year.

Return vs Market: CSAG exceeded the EG Market which returned 10.9% over the past year.

Price Volatility

Is CSAG's price volatile compared to industry and market?
CSAG volatility
CSAG Beta0.66
Industry Beta0.68
Market Beta1

Stable Share Price: CSAG is more volatile than 75% of EG stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CSAG's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of EG stocks.

About the Company

FoundedEmployeesCEOWebsite
1965n/aMohamed El-Husseinyhttps://www.canalshipping.net

Canal Shipping Agencies Company provides various shipping services to the international commercial fleet in Egypt. It offers Suez Canal transit, cargo handling, clearance, crew, stevedoring, survey, marine, and freight forwarding services. The company was founded in 1965 and is headquartered in Port Said, Egypt.

Canal Shipping Agencies Fundamentals Summary

How do Canal Shipping Agencies's earnings and revenue compare to its market cap?
CSAG fundamental statistics
Market Capج.م3.60b
Earnings (TTM)ج.م200.19m
Revenue (TTM)ج.م53.95m

18.0x

P/E Ratio

66.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CSAG income statement (TTM)
Revenueج.م53.95m
Cost of Revenueج.م46.82m
Gross Profitج.م7.13m
Expenses-ج.م193.06m
Earningsج.م200.19m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.00
Gross Margin13.22%
Net Profit Margin371.05%
Debt/Equity Ratio0.0%

How did CSAG perform over the long term?

See historical performance and comparison

Valuation

Is Canal Shipping Agencies undervalued compared to its fair value and its price relative to the market?

17.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CSAG (EGP18) is trading above our estimate of fair value (EGP0.7)

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


Price To Earnings Ratio

PE vs Industry: CSAG is poor value based on its PE Ratio (18x) compared to the African Infrastructure industry average (10.7x).

PE vs Market: CSAG is poor value based on its PE Ratio (18x) compared to the EG market (11.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CSAG is overvalued based on its PB Ratio (5.1x) compared to the XF Infrastructure industry average (2.6x).


Future Growth

How is Canal Shipping Agencies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.9%

Forecasted Transportation 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 Canal Shipping Agencies 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 Canal Shipping Agencies performed over the past 5 years?

18.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CSAG has a high level of non-cash earnings.

Growing Profit Margin: CSAG's current net profit margins are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: CSAG's earnings have grown by 18.7% per year over the past 5 years.

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

Earnings vs Industry: CSAG had negative earnings growth (-39.1%) over the past year, making it difficult to compare to the Infrastructure industry average (0.2%).


Return on Equity

High ROE: CSAG's Return on Equity (28.3%) is considered high.


Financial Health

How is Canal Shipping Agencies's financial position?


Financial Position Analysis

Short Term Liabilities: CSAG's short term assets (EGP771.0M) exceed its short term liabilities (EGP246.8M).

Long Term Liabilities: CSAG's short term assets (EGP771.0M) exceed its long term liabilities (EGP7.4M).


Debt to Equity History and Analysis

Debt Level: CSAG is debt free.

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

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

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


Balance Sheet


Dividend

What is Canal Shipping Agencies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


CEO

Mohamed El-Husseiny

0.75

Tenure

Mohamed Hosny El-Husseiny serves as Chief Executive Officer and Managing Director at Canal Shipping Agencies Company since January 2021.


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

Canal Shipping Agencies Co.'s employee growth, exchange listings and data sources


Key Information

  • Name: Canal Shipping Agencies Co.
  • Ticker: CSAG
  • Exchange: CASE
  • Founded: 1965
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: ج.م3.600b
  • Shares outstanding: 200.00m
  • Website: https://www.canalshipping.net

Location

  • Canal Shipping Agencies Co.
  • 26 Palestine Street
  • Port Said
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 14:31
End of Day Share Price2021/10/18 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.