Financials Eastern Company S.A.E

Equities

EAST

EGS37091C013

Tobacco

End-of-day quote Egyptian Exchange 06:00:00 2024-06-11 pm EDT 5-day change 1st Jan Change
18 EGP -3.74% Intraday chart for Eastern Company S.A.E -8.97% -14.74%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 34,740 28,611 26,179 22,969 47,588 54,000 - -
Enterprise Value (EV) 1 28,805 21,173 25,115 22,969 44,368 41,945 43,445 54,000
P/E ratio 10 x 7.97 x 6.77 x 6.4 x 7.16 x 6.93 x 4.95 x 3.86 x
Yield - 8.31% 13.5% 15.5% - 13.1% 18.8% 22.5%
Capitalization / Revenue 2.5 x 1.98 x 1.63 x 1.34 x 2.65 x 2.56 x 1.72 x 1.42 x
EV / Revenue 2.07 x 1.46 x 1.57 x 1.34 x 2.47 x 1.99 x 1.39 x 1.42 x
EV / EBITDA 5.81 x 3.91 x 4.64 x 5.62 x - 4.72 x 3.36 x 3.08 x
EV / FCF 5.75 x 4.93 x 3.69 x 2.9 x 12 x 6.36 x 6 x 4.98 x
FCF Yield 17.4% 20.3% 27.1% 34.5% 8.34% 15.7% 16.7% 20.1%
Price to Book 3.38 x 2.59 x 2.17 x 2.77 x 2.95 x 3.35 x 2.75 x 2.51 x
Nbr of stocks (in thousands) 3,026,906 3,018,857 2,972,008 3,000,000 3,000,000 3,000,000 - -
Reference price 2 11.48 9.478 8.808 7.656 15.86 18.00 18.00 18.00
Announcement Date 7/31/19 9/28/20 10/17/21 9/29/22 9/6/23 - - -
1EGP in Million2EGP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 13,894 14,465 16,022 17,139 17,958 21,074 31,306 38,143
EBITDA 1 4,958 5,415 5,415 4,084 - 8,885 12,948 17,511
EBIT 1 4,426 4,872 4,849 3,579 7,432 7,848 12,160 17,557
Operating Margin 31.86% 33.68% 30.27% 20.88% 41.39% 37.24% 38.84% 46.03%
Earnings before Tax (EBT) 1 4,843 4,954 5,659 5,271 9,765 9,683 15,632 19,946
Net income 1 3,768 3,794 4,280 4,030 7,657 8,631 12,010 14,481
Net margin 27.12% 26.23% 26.71% 23.51% 42.64% 40.96% 38.36% 37.96%
EPS 2 1.145 1.189 1.301 1.197 2.215 2.597 3.640 4.661
Free Cash Flow 1 5,005 4,298 6,805 7,928 3,699 6,595 7,241 10,843
FCF margin 36.03% 29.71% 42.47% 46.25% 20.6% 31.29% 23.13% 28.43%
FCF Conversion (EBITDA) 100.95% 79.38% 125.69% 194.14% - 74.22% 55.92% 61.92%
FCF Conversion (Net income) 132.83% 113.27% 159% 196.72% 48.3% 76.41% 60.29% 74.88%
Dividend per Share 2 - 0.7879 1.189 1.189 - 2.364 3.378 4.051
Announcement Date 7/31/19 9/28/20 10/17/21 9/29/22 9/6/23 - - -
1EGP in Million2EGP
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2022 Q2 2022 Q3 2022 Q4 2023 Q1
Net sales 1 4,222 4,248 - 4,624
EBITDA - - - -
EBIT - - -574.3 -
Operating Margin - - - -
Earnings before Tax (EBT) - - - -
Net income 1 1,323 1,331 - 1,405
Net margin 31.33% 31.34% - 30.38%
EPS - - - -
Dividend per Share - - - -
Announcement Date 2/15/22 5/31/22 9/29/22 11/15/22
1EGP in Million
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 5,935 7,438 1,064 - 3,221 12,055 10,555 -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 5,005 4,298 6,805 7,928 3,699 6,595 7,241 10,843
ROE (net income / shareholders' equity) 36.3% 40.2% 43.1% 38.9% 53.6% 40.3% 50.5% 51.7%
ROA (Net income/ Total Assets) 19.3% 18.2% 20.3% 16.6% 28.9% 30.1% 38.9% 40.1%
Assets 1 19,506 20,829 21,057 24,289 26,522 28,722 30,913 36,112
Book Value Per Share 2 3.400 3.660 4.060 2.760 5.370 5.380 6.540 7.180
Cash Flow per Share - - - - - - - -
Capex 1 837 302 108 149 109 300 396 575
Capex / Sales 6.03% 2.09% 0.68% 0.87% 0.61% 1.42% 1.27% 1.51%
Announcement Date 7/31/19 9/28/20 10/17/21 9/29/22 9/6/23 - - -
1EGP in Million2EGP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
18 EGP
Average target price
27.77 EGP
Spread / Average Target
+54.28%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. EAST Stock
  4. Financials Eastern Company S.A.E