Financials Cairo Poultry Company S.A.E.

Equities

End-of-day quote Egyptian Exchange Other stock markets 23:00:00 26/06/2024 BST			5-day change	1st Jan Change
7.35 ^EGP	+0.96%		+2.51%	-9.26%

03-03	Cairo Poultry Company S.A.E. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Cairo Poultry Company S.A.E. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	2,041	1,504	1,346	1,557	3,880	3,521	-	-
Enterprise Value (EV) ¹	2,041	1,504	1,346	1,557	3,880	3,521	3,521	3,521
P/E ratio	17.5 x	-	7.39 x	-	3.38 x	3.06 x	3.06 x	-
Yield	5.87%	-	-	-	-	11.7%	9.66%	-
Capitalization / Revenue	0.46 x	0.36 x	0.27 x	0.24 x	0.33 x	0.25 x	0.27 x	0.27 x
EV / Revenue	0.46 x	0.36 x	0.27 x	0.24 x	0.33 x	0.25 x	0.27 x	0.27 x
EV / EBITDA	2.96 x	2.51 x	2.01 x	1.71 x	1.34 x	1.38 x	1.38 x	-
EV / FCF	33,194,525 x	-	10,865,606 x	-	-	-	3,574,276 x	4,127,388 x
FCF Yield	0%	-	0%	-	-	-	0%	0%
Price to Book	1.73 x	-	1 x	0.96 x	1.4 x	1.01 x	0.83 x	-
Nbr of stocks (in thousands)	479,002	479,002	479,002	479,002	479,002	479,002	-	-
Reference price ²	4.260	3.140	2.810	3.250	8.100	7.350	7.350	7.350
Announcement Date	04/03/20	01/03/21	01/03/22	01/03/23	03/03/24	-	-	-

¹EGP in Million²EGP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	4,415	4,178	4,996	6,472	11,783	14,122	13,124	12,956
EBITDA ¹	690.4	598.6	669.5	910.1	2,897	2,551	2,544	-
EBIT ¹	290.2	-	287.6	573.6	2,267	1,720	1,626	1,399
Operating Margin	6.57%	-	5.76%	8.86%	19.24%	12.18%	12.39%	10.8%
Earnings before Tax (EBT) ¹	174.5	-	253.2	483.2	1,597	1,660	1,603	-
Net income ¹	116.8	103.4	182.2	295.9	1,147	1,530	1,132	-
Net margin	2.65%	2.47%	3.65%	4.57%	9.74%	10.83%	8.63%	-
EPS ²	0.2439	-	0.3804	-	2.395	2.400	2.400	-
Free Cash Flow	61.47	-	123.9	-	-	-	985	853
FCF margin	1.39%	-	2.48%	-	-	-	7.51%	6.58%
FCF Conversion (EBITDA)	8.9%	-	18.5%	-	-	-	38.72%	-
FCF Conversion (Net income)	52.61%	-	67.98%	-	-	-	87.01%	-
Dividend per Share ²	0.2500	-	-	-	-	0.8600	0.7100	-
Announcement Date	04/03/20	01/03/21	01/03/22	01/03/23	03/03/24	-	-	-

¹EGP in Million²EGP

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	61.5	-	124	-	-	-	985	853
ROE (net income / shareholders' equity)	9.81%	-	14%	19.9%	52.3%	49.6%	29.2%	-
ROA (Net income/ Total Assets)	4.47%	-	6.77%	9.22%	25.5%	19%	16%	-
Assets ¹	2,611	-	2,693	3,211	4,498	8,050	7,075	-
Book Value Per Share ²	2.460	-	2.820	3.390	5.780	7.300	8.900	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	123	-	417	-	-	-	1,004	991
Capex / Sales	2.78%	-	8.35%	-	-	-	7.65%	7.65%
Announcement Date	04/03/20	01/03/21	01/03/22	01/03/23	03/03/24	-	-	-

¹EGP in Million²EGP

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

7.35 EGP

Average target price

13.04 EGP

Spread / Average Target

+77.41%

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