Egyptian stock report - Arabia Investments Development Financial Investments Holding
Arabia Investments Development Financial Investments Holding up 5.0% for week August 19, 2018 14:30 EET
NEWS BITES - MIDDLE EAST & NORTH AFRICA
Arabia Investments Development Financial Investments Holding Co SAE (CA:AIND), Egypt's 9th largest Financial services company by market cap, was unchanged after climbing 5.0% in the week ended Sunday, August 19. Compared with the EGX 30 Index which fell 464.9 points (3.0%) in the past week, the relative price increase for the week was 8.0%. Today's volume was 4.1 times the average trading volume of 7.3 million shares. Its MCap is LE504.6 million (US$28.2 million).
Highlights in today's Report:
SECTION 1 BULLISH SIGNALS
SECTION 2 BEARISH SIGNALS
SECTION 3 PRICE VOLUME DYNAMICS
SECTION 4 RELATED NEWS
SECTION 5 PEER GROUP ANALYSIS & GLOBAL RANKING
SECTION 6 PROFILE
SECTION 1 ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS HOLDING BULLISH SIGNALS
+ The price climbed 5.0% in the last week and soared 16.7% in the last month.
+ The present value of LE1,000 (PV1000) invested one year ago in Arabia Investments Development Financial Investments Holding is LE1,280, for a capital gain of LE280.
|EGX 30 Index||970||1,005||1,164|
+ The present value of EGP1,000 (PV1000) invested five years ago in Arabia Investments Development Financial Investments Holding is LE2,994, including a capital gain of LE1,666 and dividend reinvested of LE328.
+ 5 years Multiplier in EGP = 2.994x
+ Compound Annual Growth Rate (CAGR) in EGP = 24.5%
Present Value of USD1,000 invested 5 years ago:
+ The present value of USD1,000 (PV1000) invested five years ago in Arabia Investments Development Financial Investments Holding is $US1,169, including a capital gain of $US41 and dividend reinvested of $US128.
+ 5 years ago USD 1 equalled EGP 6.9881
+ 5 years Multiplier in USD = 1.169x
+ Compound Annual Growth Rate (CAGR) in USD = 3.2%
Aug 19, 2018: USD 1 equals EGP 17.89
High Performance Indicators and rank of Arabia Investments Development Financial Investments Holding in the Egyptian market:
|Description||AIND Value||Rank In Market|
|Price/MAP50||1.23||In Top 2%|
|Price/MAP200||1.28||In Top 4%|
|% Prem to Vol Wtd Price||5.7||In Top Quartile|
|Today's Trading Turnover||LE31.1 million (US$1.7 million)||In Top Quartile|
SECTION 2 ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS HOLDING BEARISH SIGNALS
+ In the last three months the stock has hit a new 52-week low four times, pointing to a downtrend.
2.2 Overbought/Bearish/Resistance Signals:
+ The Relative Strength Index (RSI) of 75.0 has penetrated the overbought line of 70, suggesting the price gain of 26.5% in the last 14 days is unusually high.
+ The stock is overbought according to the Williams % R indicator of -17.2, suggesting the price is close to its 14-day high of LE1.10.
+ The Stochastic indicator of 85.7 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.
SECTION 3 ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS HOLDING PRICE VOLUME DYNAMICS
+ Volume: there were 29,606,127 shares worth LE31.1 million (US$1.7 million) traded today. In the past week, volume was 4.2 times average and the shares were up 5.0%. The volume was 4.1 times the average daily trading volume of 7.3 million shares.
+ Arabia Investments Development Financial Investments Holding is at a discount of 15.3% to its 12-month high of LE1.24 on November 07, 2017. It is also at a premium of 66.7% to the 12-month low of 63.0 qirsh on June 11.
+ Beta: the Beta of Arabia Investments Development Financial Investments Holding stock is 0.8. A Beta lower than 1 suggests this is a low risk, low return stock with volatility less than that of the market.
3.3 Month-on-Month Price Volume Comparison (Trailing month - ended 16th)
|16 Aug||16 Jul||14 Jun||16 May||16 Apr||15 Mar|
|Price 16 Aug (EGP)||1.05||0.92||0.66||0.75||0.76||0.72|
|% Price Change||14.1||29.6||-8.3||-1.3||2.7|
|Avg Daily Volume||7,191,497||5,889,694||5,002,249||4,940,851||4,834,585||4,731,544|
|Price Range (EGP)||0.8 - 1.1||0.65 - 1.02||0.63 - 0.77||0.7 - 0.8||0.71 - 0.84||0.69 - 0.76|
|Relative Price Change %||16.4||33.1||-3.8||2.2||-0.9||-14.6|
+ Arabia Investments Development Financial Investments Holding Co SAE (CA:AIND), jumped 29.0 qirsh (or 38.2%) year-to-date (YTD) in 2018 to close at LE1.05 today. The stock has a 6-month USD relative strength of 96 which means in USD terms it is outperformed 96% of its 47,646 global peers. A price rise combined with a high relative strength is a bullish signal. Compared with the EGX 30 Index which has risen 1.7% YTD, this is a relative price increase of 36.5%.
SECTION 4 ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS HOLDING RELATED NEWS
4.1 Corporate Wires
Arabia Investments Development Financial Investments Holding (AIND) issued 1 new Release this week.
August 13: Arabia Investments turns to profits in 1H2018
ArabFinance: Arabia Investments Co. (AIND) announced in a statement sent to EGX, the audited financial results for the fiscal period starting January 1, 2018, and ending June 30, 2018.
The company posted consolidated net profits of LE46,911,210, against incurring net lossesof LE16,300,224 in the same period a year ago, taking into account the minority rights.
To view the previous 3 months' Releases in full, click here
4.2 Other News
+ BSS/News Bites:
Arabia Investments Development Financial Investments Holding Co SAE is placed 53/148 in BSS News Bites' ranking of Egyptian performers in the past year, a percentile ranking of 64.
SECTION 5 ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS HOLDING PEER GROUP ANALYSIS & GLOBAL RANKING
5.1 Global Peer Group (all figures in USD): Key Financials and Price Performance
|Name||Relative Str. (6 mo)||MCap||PV $1000 (1 yr)||Revenue||Net Profit||Total Assets|
|Union Capital (UNIONCAP)||42||28.6M||745.0||22.8M||2.4M||272.2M|
|Voss Veksel og Landmandsbank (VVL)||63||28.5M||975.4||4M||474M|
|Compagnie Internationale de Leasing (CIL)||40||28.4M||898.8||8.4M||3.8M||175.9M|
|Arabia Investments Development Financial Investments Holding (AIND)||96||28.2M||1,317.8||149.5M||3.9M||157.6M|
|Industrial Investment Trust (IITL)||43||28.1M||1,036.5||52.5M||(6.2M)||205M|
|Dragon Victory International (LYL)||20||28M|
|Ba Ria - Vung Tau House Development (HDC)||70||27.9M||883.8||19.5M||3.5M||64.6M|
|Orix Leasing Pakistan (OLPL)||62||27.9M||1,101.2||32.9M||6.9M||281.9M|
Global Peer Group: Valuation Indicators
|Code||Country||Last Price||P/S||Turnover Rate (%)||% Disc to 52-w Hi|
5.2 Global Rank [out of 47,646 stocks] and Rank of Arabia Investments Development Financial Investments Holding in the Middle East & Africa Region [out of 2,279 stocks]
|Description||Value||Global Rank||In MEA Region|
|Total Assets (US$)||157.6M||21,372||949|
|Net Profit (US$)||3.9M||20,169||967|
|Return on Equity %||7.2||18,265||956|
|Net Profit Margin %||2.6||23,216||1,215|
|Price to Book||0.7||8,152||547|
|PV1000 (1Year) USD*||1,318||7,409||322|
|US$* Change (1Year) %||28.6||6,777||290|
* 1 year ago USD 1 = EGP 18.42
Aug 19, 2018: USD 1 equals EGP 17.89
5.3 Rank of Arabia Investments Development Financial Investments Holding in the Total Egyptian Market [out of 214 stocks] and in the Financial services sector [out of 19 stocks]
|Description||Value||In Total Egyptian Market||In Financial services sector|
|Total Assets (EGP)||1.4B||67||8|
|Net Profit (EGP)||34.7M||79||6|
|Return on Equity %||7.2||90||8|
|Net Profit Margin %||2.6||105||11|
|Price to Book||0.7||37||4|
|PV1000 (1Year) USD||1,280||65||4|
SECTION 6 ARABIA INVESTMENTS DEVELOPMENT FINANCIAL INVESTMENTS HOLDING PROFILE
Arabia Investments Development Financial Investments Holding Co. is an Egypt-based investment company that invests in such fields as power, building materials, automotive, and oil and gas. The Company focuses on diversified development, offering infrastructure, construction and industrial solutions. As of December 31, 2011, the Company's subsidiaries included Misr Mechanical and Electrical Projects (Kahromika), which is engaged in the fields of power stations, power transmission and distribution, mechanical projects and steel fabrication, Cairo Development and Car Manufacturing (CDCM), which is an automobiles distributing company, Nahda Oil and Gas, which handles projects in the fields of power, gas and water, Arabian International Architectural Production (Toblat) which manufactures cement bricks and tiles in the Egyptian market, Arab International Contracting Company, Nahda Infrastructure Company, and Energy Investment Company.
6.2 Issued Capital
Based on 480,556,217 issued shares the market capitalisation is LE504.6 million (US$28.2 million).
Contact: +20 2 27929339
Physical Address: 4 Tawfik Diab St., El Tameer Building, Garden City, Cairo
Exchange: Egyptian Exchange
Economic Sector: Financials
CA:AIND; CAI:AIND; EY:AIND; AIND.CA