Reported Earnings • Jun 04
First quarter 2026 earnings released: EPS: ج.م0.31 (vs ج.م0.021 in 1Q 2025) First quarter 2026 results: EPS: ج.م0.31 (up from ج.م0.021 in 1Q 2025). Revenue: ج.م369.2m (up 31% from 1Q 2025). Net income: ج.م70.4m (up ج.م67.1m from 1Q 2025). Profit margin: 19% (up from 1.2% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Nimet El-Oteifi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 28
Egyptian Transport and Commercial Services Company S.A.E., Annual General Meeting, May 20, 2026 Egyptian Transport and Commercial Services Company S.A.E., Annual General Meeting, May 20, 2026, at 16:00 Egypt Standard Time. Location: port said Egypt Announcement • Jul 23
Egyptian Transport and Commercial Services Company S.A.E. announces Annual dividend, payable on August 07, 2025 Egyptian Transport and Commercial Services Company S.A.E. announced Annual dividend of EGP 0.2500 per share payable on August 07, 2025, ex-date on August 05, 2025 and record date on August 06, 2025. Announcement • Jun 04
Egyptian Transport and Commercial Services Company S.A.E., Annual General Meeting, Jul 09, 2025 Egyptian Transport and Commercial Services Company S.A.E., Annual General Meeting, Jul 09, 2025, at 15:00 Egypt Standard Time. Location: boursaid Egypt Board Change • May 14
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. 2 highly experienced directors. 4 independent directors (5 non-independent directors). Independent Chairman Mohamed Gamal Moharam was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ج.م5.04, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 9x in the Shipping industry globally. Total returns to shareholders of 98% over the past three years. Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: ج.م0.20 (vs ج.م0.048 in 2Q 2023) Second quarter 2024 results: EPS: ج.م0.20 (up from ج.م0.048 in 2Q 2023). Revenue: ج.م198.1m (up 113% from 2Q 2023). Net income: ج.م30.7m (up 293% from 2Q 2023). Profit margin: 16% (up from 8.4% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 06
First quarter 2024 earnings released: EPS: ج.م0.80 (vs ج.م0.16 in 1Q 2023) First quarter 2024 results: EPS: ج.م0.80 (up from ج.م0.16 in 1Q 2023). Revenue: ج.م186.4m (up 115% from 1Q 2023). Net income: ج.م124.5m (up 386% from 1Q 2023). Profit margin: 67% (up from 30% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ج.م3.88, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 10x in the Shipping industry globally. Total returns to shareholders of 65% over the past three years. New Risk • Apr 28
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ج.م466.6m (US$9.74m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (ج.م466.6m market cap, or US$9.74m). Minor Risks Dividend is not well covered by cash flows (205% cash payout ratio). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ج.م3.29, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 10x in the Shipping industry globally. Total returns to shareholders of 55% over the past three years. New Risk • Mar 23
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (205% cash payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (ج.م588.4m market cap, or US$12.6m). Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ج.م3.62, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 10x in the Shipping industry globally. Total returns to shareholders of 90% over the past three years. Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: ج.م0.39 (vs ج.م0.30 in FY 2022) Full year 2023 results: EPS: ج.م0.39 (up from ج.م0.30 in FY 2022). Revenue: ج.م414.1m (up 3.5% from FY 2022). Net income: ج.م62.0m (up 34% from FY 2022). Profit margin: 15% (up from 12% in FY 2022). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ج.م5.15, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 8x in the Shipping industry globally. Total returns to shareholders of 164% over the past three years. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ج.م3.99, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 8x in the Shipping industry globally. Total returns to shareholders of 96% over the past three years. Announcement • Jun 14
Egyptian Transport and Commercial Services Company S.A.E. announced that it expects to receive EGP 4.5843 million in funding from National Investment Bank Egyptian Transport and Commercial Services Company S.A.E. announced a private placement of 1,770,000 common shares at an issue price of EGP 2.59 per share for proceeds of EGP 4,584,300 on June 13, 2023. The transaction will include participation from new investor National Investment Bank. Upcoming Dividend • May 08
Upcoming dividend of ج.م0.13 per share at 5.3% yield Eligible shareholders must have bought the stock before 15 May 2023. Payment date: 17 May 2023. Trailing yield: 5.3%. Lower than top quartile of Egyptian dividend payers (8.1%). Lower than average of industry peers (20%). Buying Opportunity • May 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.7%. The fair value is estimated to be ج.م3.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 29%. Buying Opportunity • Apr 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be ج.م3.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 29%. Buying Opportunity • Mar 13
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be ج.م3.09, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 27%. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment improved over the past week After last week's 20% share price gain to ج.م3.03, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 6x in the Shipping industry globally. Total returns to shareholders of 123% over the past three years. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director Mohamed Khodeir was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Oct 06
Egytrans Board Discusses Potential Acquisition of Majority Stake in NOSCO Egyptian Transport and Commercial Services Company S.A.E. (CASE:ETRS) board discusses possible acquisition of majority stake in National Transport & Overseas Services Co. (NOSCO). Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ج.م2.08, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 5x in the Shipping industry globally. Total returns to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 31% share price gain to ج.م2.54, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 6x in the Shipping industry globally. Total returns to shareholders of 84% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 21% share price gain to ج.م2.15, the stock trades at a trailing P/E ratio of 18.3x. Average forward P/E is 5x in the Shipping industry globally. Total returns to shareholders of 72% over the past three years. Valuation Update With 7 Day Price Move • May 01
Investor sentiment improved over the past week After last week's 23% share price gain to ج.م1.80, the stock trades at a trailing P/E ratio of 15.4x. Average forward P/E is 5x in the Shipping industry globally. Total returns to shareholders of 45% over the past three years. Price Target Changed • Apr 27
Price target increased to ج.م12.50 Up from ج.م5.45, the current price target is provided by 1 analyst. New target price is 71% above last closing price of ج.م7.29. Stock is down 34% over the past year. The company posted earnings per share of ج.م0.59 last year. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Non-Executive Director Mohamed Khodeir was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ج.م6.84, the stock trades at a trailing P/E ratio of 11.7x. Average forward P/E is 5x in the Shipping industry globally. Total returns to shareholders of 1.5% over the past three years. Reported Earnings • Mar 05
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: ج.م0.59 (up from ج.م0.42 in FY 2020). Revenue: ج.م293.5m (up 36% from FY 2020). Net income: ج.م18.3m (up 40% from FY 2020). Profit margin: 6.2% (up from 6.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Over the next year, revenue is forecast to stay flat compared to a 19% growth forecast for the industry in Egypt. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment deteriorated over the past week After last week's 21% share price decline to ج.م7.16, the stock trades at a trailing P/E ratio of 18.9x. Average forward P/E is 5x in the Shipping industry globally. Total loss to shareholders of 3.6% over the past three years. Valuation Update With 7 Day Price Move • Aug 12
Investor sentiment improved over the past week After last week's 20% share price gain to ج.م17.00, the stock trades at a trailing P/E ratio of 56.2x. Average trailing P/E is 15x in the Shipping industry globally. Total returns to shareholders of 159% over the past three years. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment improved over the past week After last week's 19% share price gain to ج.م14.43, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 18x in the Shipping industry globally. Total returns to shareholders of 57% over the past three years. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 16% share price gain to ج.م12.67, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 16x in the Shipping industry globally. Total returns to shareholders of 47% over the past three years. Upcoming Dividend • Apr 19
Inaugural dividend of ج.م0.75 per share Eligible shareholders must have bought the stock before 26 April 2021. Payment date: 01 June 2021. The company last paid an ordinary dividend in May 2018. The average dividend yield among industry peers is 2.5%. Reported Earnings • Mar 16
Full year 2020 earnings released: EPS ج.م0.42 (vs ج.م1.07 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ج.م216.1m (down 13% from FY 2019). Net income: ج.م13.1m (down 59% from FY 2019). Profit margin: 6.0% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Mar 12
H.A Utilities B.V. submitted a nonbinding offer to acquire Egyptian Transport and Commercial Services Company S.A.E. (CASE:ETRS) in a reverse merger transaction. H.A Utilities B.V. submitted a nonbinding offer to acquire Egyptian Transport and Commercial Services Company S.A.E. (CASE:ETRS) in a reverse merger transaction on March 10, 2021. The consideration will be an indebtedness owed to Hassan Allam Holding S.A.E. by H.A Utilities B.V. and settled by issuance of additional shares in Egyptian Transport and Commercial Services Company S.A.E. Transaction will be conducted via share swap. Post share swap H.A Utilities B.V. will have 65% stake in Egyptian Transport and Commercial Services Company S.A.E. Transaction is subject to obtaining the necessary approvals, as well as fulfilling the legal and regulatory requirements. Is New 90 Day High Low • Feb 10
New 90-day high: ج.م11.53 The company is up 4.0% from its price of ج.م11.11 on 12 November 2020. The Egyptian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Shipping industry, which is up 26% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: ج.م11.48 The company is up 12% from its price of ج.م10.22 on 15 October 2020. The Egyptian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Shipping industry, which is up 46% over the same period. Is New 90 Day High Low • Nov 23
New 90-day high: ج.م11.37 The company is up 38% from its price of ج.م8.26 on 25 August 2020. The Egyptian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 27% over the same period. Is New 90 Day High Low • Sep 24
New 90-day high: ج.م9.74 The company is up 37% from its price of ج.م7.10 on 25 June 2020. The Egyptian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Shipping industry, which is up 12% over the same period. Announcement • Sep 08
Advanced Projects And Systems Company acquired a 3.204% stake in Egyptian Transport and Commercial Services Company S.A.E. (CASE:ETRS) for EGP 9 million. Advanced Projects And Systems Company acquired a 3.204% stake in Egyptian Transport and Commercial Services Company S.A.E. (CASE:ETRS) for EGP 9 million on September 6, 2020. Under the terms of the transaction, ADCOM acquired 1 million shares at EGP 8.95 per share. Beltone Securities Brokerage acted as broker in the transaction.
Advanced Projects And Systems Company completed the acquisition of a 3.204% stake in Egyptian Transport and Commercial Services Company S.A.E. (CASE:ETRS) on September 6, 2020.