Financials International Company for Agricultural Crops

Equities

IFAP

EGS07061C012

Fishing & Farming

End-of-day quote Egyptian Exchange 18:00:00 2024-05-13 EDT 5-day change 1st Jan Change
11.11 EGP +0.36% Intraday chart for International Company for Agricultural Crops -13.27% -24.73%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 281.5 237 239.5 304.2 237 720.2
Enterprise Value (EV) 1 393.2 394.7 425 537.2 416.4 674.1
P/E ratio 26 x 1.94 x 11.1 x 14.3 x 1.76 x 2.91 x
Yield - - - - - 6.42%
Capitalization / Revenue 0.7 x 0.47 x 0.47 x 0.56 x 0.44 x 0.31 x
EV / Revenue 0.97 x 0.78 x 0.84 x 0.99 x 0.77 x 0.29 x
EV / EBITDA 14.4 x 14.8 x 16.3 x 20.9 x 11.3 x 4.05 x
EV / FCF 46.1 x -6.18 x -15.1 x -11.4 x 8.39 x 7.94 x
FCF Yield 2.17% -16.2% -6.63% -8.78% 11.9% 12.6%
Price to Book 1.8 x 1.2 x 1.06 x 1.24 x 0.59 x 1.41 x
Nbr of stocks (in thousands) 160,000 160,000 160,000 160,000 160,000 160,000
Reference price 2 1.760 1.481 1.497 1.901 1.481 4.501
Announcement Date 18-08-28 19-08-28 20-08-27 21-09-06 22-08-31 23-09-05
1EGP in Million2EGP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 404.4 507.1 505.5 542 543 2,343
EBITDA 1 27.38 26.65 26.02 25.71 36.79 166.6
EBIT 1 25.68 24.84 24.16 23.96 34.76 163.8
Operating Margin 6.35% 4.9% 4.78% 4.42% 6.4% 6.99%
Earnings before Tax (EBT) 1 14.52 124.6 27.61 26.31 162.3 334
Net income 1 10.82 122 25.36 24.92 158.2 284.3
Net margin 2.68% 24.06% 5.02% 4.6% 29.14% 12.13%
EPS 2 0.0676 0.7625 0.1351 0.1329 0.8439 1.547
Free Cash Flow 1 8.522 -63.91 -28.2 -47.15 49.64 84.91
FCF margin 2.11% -12.6% -5.58% -8.7% 9.14% 3.62%
FCF Conversion (EBITDA) 31.13% - - - 134.93% 50.96%
FCF Conversion (Net income) 78.78% - - - 31.37% 29.86%
Dividend per Share - - - - - 0.2889
Announcement Date 18-08-28 19-08-28 20-08-27 21-09-06 22-08-31 23-09-05
1EGP in Million2EGP
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 112 158 186 233 179 -
Net Cash position 1 - - - - - 46.1
Leverage (Debt/EBITDA) 4.08 x 5.916 x 7.13 x 9.065 x 4.877 x -
Free Cash Flow 1 8.52 -63.9 -28.2 -47.2 49.6 84.9
ROE (net income / shareholders' equity) 7.27% 84.7% 12% 10.6% 48.9% 80.1%
ROA (Net income/ Total Assets) 4.67% 4.42% 3.26% 2.93% 3.65% 18.2%
Assets 1 231.5 2,760 777.5 851.2 4,339 1,561
Book Value Per Share 2 0.9800 1.230 1.410 1.530 2.510 3.200
Cash Flow per Share 2 0.0800 0.0400 0.1500 0.1200 0.2300 0.7600
Capex 1 3.06 3.5 65.8 1.89 12.1 39.7
Capex / Sales 0.76% 0.69% 13.01% 0.35% 2.22% 1.69%
Announcement Date 18-08-28 19-08-28 20-08-27 21-09-06 22-08-31 23-09-05
1EGP in Million2EGP
Estimates
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