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EGAS

Egypt Gas Company SAECASE:EGAS Stock Report

Market Cap

ج.م1.8b

7D

-17.5%

1Y

22.5%

Updated

22 Oct, 2021

Data

Company Financials
EGAS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends2/6

EGAS Overview

Egypt Gas Company SAE engages in operating natural gas distribution EPC-based projects in Egypt.

Price History & Performance

Summary of all time highs, changes and price drops for Egypt Gas Company SAE
Historical stock prices
Current Share Priceج.م37.19
52 Week Highج.م27.73
52 Week Lowج.م58.00
Beta0.22
1 Month Change-20.45%
3 Month Change-12.88%
1 Year Change22.46%
3 Year Change6.70%
5 Year Change356.32%
Change since IPO-11.71%

Recent News & Updates

Shareholder Returns

EGASEG Gas UtilitiesEG Market
7D-17.5%-0.7%-0.8%
1Y22.5%18.1%11.1%

Return vs Industry: EGAS exceeded the EG Gas Utilities industry which returned 18.1% over the past year.

Return vs Market: EGAS exceeded the EG Market which returned 11.1% over the past year.

Price Volatility

Is EGAS's price volatile compared to industry and market?
EGAS volatility
EGAS Beta0.22
Industry Beta0.68
Market Beta1

Stable Share Price: EGAS is more volatile than 75% of EG stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: EGAS's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of EG stocks.

About the Company

FoundedEmployeesCEOWebsite
1983n/aHisham Radwanhttps://www.egyptgas.com.eg

Egypt Gas Company SAE engages in operating natural gas distribution EPC-based projects in Egypt. It undertakes land survey, P&A survey, and design of natural gas project; constructs high pressure transmission pipelines in different materials, such as carbon steel and HDPE; and constructs distribution networks with pressure reduction units. The company offers constructs the external/internal installations of the gas piping networks, including the meter/regulator unit installed at every residential unit and fabricates and installs the flues required for the system; operates and maintains projects; and designs, fabricates, and installs accessories for natural gas project installations.

Egypt Gas Company SAE Fundamentals Summary

How do Egypt Gas Company SAE's earnings and revenue compare to its market cap?
EGAS fundamental statistics
Market Capج.م1.79b
Earnings (TTM)ج.م146.13m
Revenue (TTM)ج.م4.83b

12.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EGAS income statement (TTM)
Revenueج.م4.83b
Cost of Revenueج.م4.47b
Gross Profitج.م358.64m
Expensesج.م212.51m
Earningsج.م146.13m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.04
Gross Margin7.43%
Net Profit Margin3.03%
Debt/Equity Ratio37.0%

How did EGAS perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

33%

Payout Ratio

Valuation

Is Egypt Gas Company SAE undervalued compared to its fair value and its price relative to the market?

12.22x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EGAS (EGP37.19) is trading above our estimate of fair value (EGP7.89)

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


Price To Earnings Ratio

PE vs Industry: EGAS is good value based on its PE Ratio (12.2x) compared to the Global Gas Utilities industry average (16.1x).

PE vs Market: EGAS is poor value based on its PE Ratio (12.2x) compared to the EG market (11.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EGAS is good value based on its PB Ratio (0.8x) compared to the XX Gas Utilities industry average (1.5x).


Future Growth

How is Egypt Gas Company SAE forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.1%

Forecasted Utilities 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 Egypt Gas Company SAE 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 Egypt Gas Company SAE performed over the past 5 years?

43.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EGAS has high quality earnings.

Growing Profit Margin: EGAS's current net profit margins (3%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: EGAS's earnings have grown significantly by 43.6% per year over the past 5 years.

Accelerating Growth: EGAS's earnings growth over the past year (197.6%) exceeds its 5-year average (43.6% per year).

Earnings vs Industry: EGAS earnings growth over the past year (197.6%) exceeded the Gas Utilities industry 23.9%.


Return on Equity

High ROE: EGAS's Return on Equity (6.8%) is considered low.


Financial Health

How is Egypt Gas Company SAE's financial position?


Financial Position Analysis

Short Term Liabilities: EGAS's short term assets (EGP5.5B) do not cover its short term liabilities (EGP5.6B).

Long Term Liabilities: EGAS's short term assets (EGP5.5B) exceed its long term liabilities (EGP379.8M).


Debt to Equity History and Analysis

Debt Level: EGAS's debt to equity ratio (37%) is considered satisfactory.

Reducing Debt: EGAS's debt to equity ratio has increased from 5.1% to 37% over the past 5 years.

Debt Coverage: EGAS's debt is not well covered by operating cash flow (9.1%).

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


Balance Sheet


Dividend

What is Egypt Gas Company SAE current dividend yield, its reliability and sustainability?

2.69%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EGAS's dividend (2.69%) is higher than the bottom 25% of dividend payers in the EG market (2.67%).

High Dividend: EGAS's dividend (2.69%) is low compared to the top 25% of dividend payers in the EG market (7.53%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, EGAS has been paying a dividend for less than 10 years.

Growing Dividend: EGAS's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (32.8%), EGAS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Hisham Radwan

no data

Tenure

Engineer Hisham Fouad Ibrahim Radwan serves as the Chairman of the Board and Managing Director at egypt gas company -sae.


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

Egypt Gas Company SAE's employee growth, exchange listings and data sources


Key Information

  • Name: Egypt Gas Company SAE
  • Ticker: EGAS
  • Exchange: CASE
  • Founded: 1983
  • Industry: Gas Utilities
  • Sector: Utilities
  • Market Cap: ج.م1.785b
  • Shares outstanding: 48.00m
  • Website: https://www.egyptgas.com.eg

Location

  • Egypt Gas Company SAE
  • 30, Al Mofatsheen Street
  • Almaza
  • Cairo
  • Egypt

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 14:31
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.