Egyptian (OMX) Steel Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies5
- 7D-2.7%
- 3M28.7%
- 1Y82.4%
- YTD69.9%
Over the last 7 days, the Steel industry has dropped 2.4%, driven by a pullback from Egyptian Iron and Steel of 9.7%. In contrast, Ezz Steel Company (S.A.E) has gained 21%. Over the past 12 months, the industry was up 77%. As for the next few years, earnings are forecast to decline by 1.1% per annum.
Industry Valuation and Performance
Has the Egyptian Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ج.م42.6b | ج.م88.3b | ج.م3.5b | 7.9x | 12.1x | 0.5x |
| Wed, 27 Sep 2023 | ج.م40.4b | ج.م88.0b | ج.م3.5b | 7.7x | 11.6x | 0.5x |
| Fri, 25 Aug 2023 | ج.م36.1b | ج.م88.0b | ج.م3.5b | 7.9x | 10.4x | 0.4x |
| Sun, 23 Jul 2023 | ج.م31.8b | ج.م88.3b | ج.م3.2b | 9.1x | 10.1x | 0.4x |
| Tue, 20 Jun 2023 | ج.م27.1b | ج.م80.4b | ج.م6.7b | 9.1x | 4x | 0.3x |
| Thu, 18 May 2023 | ج.م30.5b | ج.م80.2b | ج.م6.6b | 14.8x | 4.6x | 0.4x |
| Sat, 15 Apr 2023 | ج.م28.1b | ج.م80.2b | ج.م6.6b | 15.3x | 4.2x | 0.4x |
| Mon, 13 Mar 2023 | ج.م26.1b | ج.م76.3b | ج.م8.3b | 14.6x | 3.1x | 0.3x |
| Wed, 08 Feb 2023 | ج.م24.6b | ج.م76.3b | ج.م8.3b | 11.9x | 3x | 0.3x |
| Fri, 06 Jan 2023 | ج.م25.2b | ج.م76.3b | ج.م8.3b | 13.2x | 3x | 0.3x |
| Sun, 04 Dec 2022 | ج.م24.1b | ج.م73.9b | ج.م8.0b | 12.7x | 3x | 0.3x |
| Tue, 01 Nov 2022 | ج.م23.6b | ج.م73.9b | ج.م8.0b | 11.2x | 2.9x | 0.3x |
| Thu, 29 Sep 2022 | ج.م16.0b | ج.م71.2b | ج.م6.1b | 9.1x | 2.6x | 0.2x |
| Sat, 27 Aug 2022 | ج.م12.0b | ج.م71.2b | ج.م6.2b | 8.2x | 1.9x | 0.2x |
| Mon, 25 Jul 2022 | ج.م11.6b | ج.م71.2b | ج.م6.2b | 7.5x | 1.9x | 0.2x |
| Wed, 22 Jun 2022 | ج.م13.7b | ج.م71.2b | ج.م6.2b | 7.5x | 2.2x | 0.2x |
| Fri, 20 May 2022 | ج.م16.2b | ج.م65.4b | ج.م6.1b | 4.2x | 2.7x | 0.2x |
| Sun, 17 Apr 2022 | ج.م13.6b | ج.م65.4b | ج.م6.1b | 4.6x | 2.2x | 0.2x |
| Tue, 15 Mar 2022 | ج.م12.0b | ج.م65.4b | ج.م6.1b | 5x | 2x | 0.2x |
| Thu, 10 Feb 2022 | ج.م3.9b | ج.م4.1b | ج.م195.2m | 19x | 19.8x | 0.9x |
| Sat, 08 Jan 2022 | ج.م4.3b | ج.م4.1b | ج.م195.2m | 20.6x | 21.9x | 1x |
| Mon, 06 Dec 2021 | ج.م4.2b | ج.م4.1b | ج.م195.2m | 19.4x | 21.5x | 1x |
| Wed, 03 Nov 2021 | ج.م4.0b | ج.م4.1b | ج.م224.0m | n/a | 17.8x | 1x |
| Fri, 01 Oct 2021 | ج.م4.6b | ج.م4.1b | ج.م224.0m | 17.2x | 20.4x | 1.1x |
| Sun, 29 Aug 2021 | ج.م4.8b | ج.م3.8b | ج.م204.3m | 16.5x | 23.3x | 1.2x |
| Mon, 05 Jul 2021 | ج.م4.5b | ج.م3.8b | ج.م204.3m | 13.9x | 22.2x | 1.2x |
| Thu, 08 Apr 2021 | ج.م2.0b | ج.م3.5b | ج.م179.6m | 15.7x | 11x | 0.6x |
| Sun, 10 Jan 2021 | ج.م2.3b | ج.م3.3b | ج.م102.9m | 7.6x | 22.3x | 0.7x |
Price to Earnings Ratio
30.5x
Current Industry PE
- Investors are relatively neutral on the Egyptian Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 12.2x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- The earnings for companies in the Steel industry have grown 260% per year over the last three years.
- Revenues for these companies have grown 195% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Egyptian Steel compare with similar industries?
| EG Market | 4.22% | |
| Materials | 1.64% | |
| Metals and Mining | 14.11% | |
| Steel | -2.72% | |
| Aluminum | 52.18% | |
| Copper | 0% | |
| Diversified Metals and Mining | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ESRS Ezz Steel Company (S.A.E) | ج.م79.68 | 11.3% +ج.م4.3b | 404.3% | PE42.1x | |
| ENGC Industrial Engineering Company for Construction and Development | ج.م9.09 | 19.1% +ج.م212.4m | 110.6% | PE5x | |
| ISMQ Iron & Steel for Mines & Quarries | ج.م1.54 | 3.6% +ج.م52.8m | 35.0% | PE11.8x | |
| ATQA Misr National Steel - Ataqa | ج.م1.80 | 0.4% +ج.م9.6m | 77.2% | PE7.3x |