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Ismailia National Company for Food Industries (FOODICO)E

CASE:INFI
Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
INFI
CASE
EGP101M
Market Cap
  1. Home
  2. EG
  3. Food, Beverage & Tobacco
Company description

Ismailia National Company for Food Industries (FOODICO) S.A.E. The last earnings update was 46 days ago. More info.


Add to Portfolio Compare Print
  • Ismailia National Company for Food Industries (FOODICO)E has significant price volatility in the past 3 months.
INFI Share Price and Events
7 Day Returns
1.3%
CASE:INFI
9.8%
EG Food
3%
EG Market
1 Year Returns
52.6%
CASE:INFI
-48.1%
EG Food
-33.4%
EG Market
INFI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ismailia National Company for Food Industries (FOODICO)E (INFI) 1.3% -42.8% 114% 52.6% 38.2% 58.2%
EG Food 9.8% -15.9% -25.6% -48.1% -30.9% -19.3%
EG Market 3% -9.3% -23% -33.4% -24.3% 0.9%
1 Year Return vs Industry and Market
  • INFI outperformed the Food industry which returned -48.1% over the past year.
  • INFI outperformed the Market in Egypt which returned -33.4% over the past year.
Price Volatility
INFI
Industry
5yr Volatility vs Market

Value

 Is Ismailia National Company for Food Industries (FOODICO)E undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ismailia National Company for Food Industries (FOODICO)E to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ismailia National Company for Food Industries (FOODICO)E.

CASE:INFI Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 19.5%
Perpetual Growth Rate 10-Year EG Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for CASE:INFI
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year EG Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 13.7%
Food Unlevered Beta Simply Wall St/ S&P Global 0.5
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.502 (1 + (1- 23%) (16.59%))
0.709
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (0.8 * 13.68%)
19.54%

Discounted Cash Flow Calculation for CASE:INFI using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ismailia National Company for Food Industries (FOODICO)E is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

CASE:INFI DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EGP, Millions) Source Present Value
Discounted (@ 19.54%)
2020 12.15 Est @ 89.54% 10.16
2021 20.08 Est @ 65.26% 14.05
2022 29.77 Est @ 48.26% 17.43
2023 40.59 Est @ 36.36% 19.88
2024 51.97 Est @ 28.03% 21.29
2025 63.52 Est @ 22.2% 21.76
2026 75.03 Est @ 18.12% 21.50
2027 86.48 Est @ 15.27% 20.73
2028 97.95 Est @ 13.27% 19.65
2029 109.58 Est @ 11.87% 18.38
Present value of next 10 years cash flows EGP184.00
CASE:INFI DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= EGP109.58 × (1 + 8.6%) ÷ (19.54% – 8.6%)
EGP1,087.34
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= EGP1,087.34 ÷ (1 + 19.54%)10
EGP182.43
CASE:INFI Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= EGP184.00 + EGP182.43
EGP366.43
Equity Value per Share
(EGP)
= Total value / Shares Outstanding
= EGP366.43 / 9.00
EGP40.71
CASE:INFI Discount to Share Price
Calculation Result
Value per share (EGP) From above. EGP40.71
Current discount Discount to share price of EGP11.17
= -1 x (EGP11.17 - EGP40.71) / EGP40.71
72.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Ismailia National Company for Food Industries (FOODICO)E is available for.
Intrinsic value
>50%
Share price is EGP11.17 vs Future cash flow value of EGP40.71
Current Discount Checks
For Ismailia National Company for Food Industries (FOODICO)E to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Ismailia National Company for Food Industries (FOODICO)E's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Ismailia National Company for Food Industries (FOODICO)E's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ismailia National Company for Food Industries (FOODICO)E's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ismailia National Company for Food Industries (FOODICO)E's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CASE:INFI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in EGP EGP-0.26
CASE:INFI Share Price ** CASE (2020-04-09) in EGP EGP11.17
Egypt Food Industry PE Ratio Median Figure of 18 Publicly-Listed Food Companies 11.76x
Egypt Market PE Ratio Median Figure of 147 Publicly-Listed Companies 6.98x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ismailia National Company for Food Industries (FOODICO)E.

CASE:INFI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= CASE:INFI Share Price ÷ EPS (both in EGP)

= 11.17 ÷ -0.26

-42.96x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ismailia National Company for Food Industries (FOODICO)E is loss making, we can't compare its value to the EG Food industry average.
  • Ismailia National Company for Food Industries (FOODICO)E is loss making, we can't compare the value of its earnings to the Egypt market.
Price based on expected Growth
Does Ismailia National Company for Food Industries (FOODICO)E's expected growth come at a high price?
Raw Data
CASE:INFI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -42.96x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Egypt Food Industry PEG Ratio Median Figure of 5 Publicly-Listed Food Companies 0.81x
Egypt Market PEG Ratio Median Figure of 45 Publicly-Listed Companies 0.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ismailia National Company for Food Industries (FOODICO)E, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ismailia National Company for Food Industries (FOODICO)E's assets?
Raw Data
CASE:INFI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in EGP EGP5.18
CASE:INFI Share Price * CASE (2020-04-09) in EGP EGP11.17
Egypt Food Industry PB Ratio Median Figure of 27 Publicly-Listed Food Companies 1.15x
Egypt Market PB Ratio Median Figure of 187 Publicly-Listed Companies 0.81x
CASE:INFI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= CASE:INFI Share Price ÷ Book Value per Share (both in EGP)

= 11.17 ÷ 5.18

2.16x

* Primary Listing of Ismailia National Company for Food Industries (FOODICO)E.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ismailia National Company for Food Industries (FOODICO)E is overvalued based on assets compared to the EG Food industry average.
X
Value checks
We assess Ismailia National Company for Food Industries (FOODICO)E's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Ismailia National Company for Food Industries (FOODICO)E has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Ismailia National Company for Food Industries (FOODICO)E expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ismailia National Company for Food Industries (FOODICO)E has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20.7%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ismailia National Company for Food Industries (FOODICO)E expected to grow at an attractive rate?
  • Unable to compare Ismailia National Company for Food Industries (FOODICO)E's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ismailia National Company for Food Industries (FOODICO)E's earnings growth to the Egypt market average as no estimate data is available.
  • Unable to compare Ismailia National Company for Food Industries (FOODICO)E's revenue growth to the Egypt market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CASE:INFI Future Growth Rates Data Sources
Data Point Source Value (per year)
Egypt Food Industry Earnings Growth Rate Market Cap Weighted Average 20.7%
Egypt Food Industry Revenue Growth Rate Market Cap Weighted Average 11.6%
Egypt Market Earnings Growth Rate Market Cap Weighted Average 19.2%
Egypt Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CASE:INFI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EGP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CASE:INFI Past Financials Data
Date (Data in EGP Millions) Revenue Cash Flow Net Income *
2019-12-31 63 7 -2
2019-09-30 69 -4 -20
2019-06-30 64 2 -21
2019-03-31 71 3 -12
2018-12-31 81 2 -7
2018-09-30 81 9 7
2018-06-30 100 3 9
2018-03-31 112 4 10
2017-12-31 112 -1 10
2017-09-30 105 -2 9
2017-06-30 84 -5 9
2017-03-31 77 -8 6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ismailia National Company for Food Industries (FOODICO)E is high growth as no earnings estimate data is available.
  • Unable to determine if Ismailia National Company for Food Industries (FOODICO)E is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CASE:INFI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ismailia National Company for Food Industries (FOODICO)E Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CASE:INFI Past Financials Data
Date (Data in EGP Millions) EPS *
2019-12-31 -0.26
2019-09-30 -2.24
2019-06-30 -2.36
2019-03-31 -1.32
2018-12-31 -0.76
2018-09-30 0.82
2018-06-30 0.96
2018-03-31 1.11
2017-12-31 1.09
2017-09-30 0.99
2017-06-30 1.05
2017-03-31 0.61

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ismailia National Company for Food Industries (FOODICO)E will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Ismailia National Company for Food Industries (FOODICO)E's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Ismailia National Company for Food Industries (FOODICO)E's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Food, Beverage & Tobacco companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ismailia National Company for Food Industries (FOODICO)E's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Egypt market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Egypt market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ismailia National Company for Food Industries (FOODICO)E has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Ismailia National Company for Food Industries (FOODICO)E performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ismailia National Company for Food Industries (FOODICO)E's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ismailia National Company for Food Industries (FOODICO)E does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Ismailia National Company for Food Industries (FOODICO)E's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ismailia National Company for Food Industries (FOODICO)E's 1-year growth to the EG Food industry average as it is not currently profitable.
Earnings and Revenue History
Ismailia National Company for Food Industries (FOODICO)E's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ismailia National Company for Food Industries (FOODICO)E Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CASE:INFI Past Revenue, Cash Flow and Net Income Data
Date (Data in EGP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 63.36 -2.34 8.51
2019-09-30 68.68 -20.13 9.96
2019-06-30 64.14 -21.27 9.41
2019-03-31 70.87 -11.89 8.89
2018-12-31 80.55 -6.81 9.06
2018-09-30 81.22 7.34 8.79
2018-06-30 99.72 8.67 8.79
2018-03-31 111.60 9.98 8.84
2017-12-31 111.77 9.78 8.56
2017-09-30 105.48 8.88 8.52
2017-06-30 84.40 9.42 8.13
2017-03-31 76.96 5.51 8.21
2016-12-31 73.73 4.17 7.87
2016-09-30 74.80 -32.74 8.09
2016-06-30 76.55 -36.53 8.15
2016-03-31 65.44 -37.79 8.42
2015-12-31 58.02 -40.54 8.87
2015-09-30 61.07 -4.66 7.84
2015-06-30 59.98 -2.40 7.60
2015-03-31 59.47 -1.33 7.09
2014-12-31 58.71 0.28 6.66
2014-09-30 54.60 0.21 6.92
2014-06-30 52.42 -0.09 7.12
2014-03-31 51.13 0.05 7.15
2013-12-31 50.96 -1.21 7.41
2013-09-30 54.87 -3.13 7.69

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ismailia National Company for Food Industries (FOODICO)E has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ismailia National Company for Food Industries (FOODICO)E has efficiently used its assets last year compared to the EG Food industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ismailia National Company for Food Industries (FOODICO)E improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ismailia National Company for Food Industries (FOODICO)E's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ismailia National Company for Food Industries (FOODICO)E has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Ismailia National Company for Food Industries (FOODICO)E's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ismailia National Company for Food Industries (FOODICO)E's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ismailia National Company for Food Industries (FOODICO)E is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ismailia National Company for Food Industries (FOODICO)E's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ismailia National Company for Food Industries (FOODICO)E's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ismailia National Company for Food Industries (FOODICO)E Company Filings, last reported 3 months ago.

CASE:INFI Past Debt and Equity Data
Date (Data in EGP Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 46.59 16.68 1.36
2019-09-30 45.62 21.80 6.91
2019-06-30 44.81 22.88 6.16
2019-03-31 51.24 24.52 6.57
2018-12-31 53.15 25.00 5.72
2018-09-30 65.90 23.64 6.06
2018-06-30 66.23 25.09 5.12
2018-03-31 63.27 26.26 4.71
2017-12-31 60.13 27.89 4.35
2017-09-30 58.56 29.39 4.84
2017-06-30 57.55 30.53 5.77
2017-03-31 53.29 29.94 5.02
2016-12-31 50.34 25.66 5.04
2016-09-30 49.68 25.11 4.78
2016-06-30 48.14 19.14 4.45
2016-03-31 47.78 17.85 3.81
2015-12-31 46.17 15.67 1.80
2015-09-30 82.43 14.24 1.12
2015-06-30 83.65 14.83 1.70
2015-03-31 85.56 11.63 0.77
2014-12-31 86.71 12.09 2.20
2014-09-30 87.08 7.67 1.95
2014-06-30 87.07 6.78 1.62
2014-03-31 86.89 4.61 1.55
2013-12-31 86.43 5.28 1.31
2013-09-30 86.87 4.96 3.28
  • Ismailia National Company for Food Industries (FOODICO)E's level of debt (35.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (13.9% vs 35.8% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Ismailia National Company for Food Industries (FOODICO)E has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Ismailia National Company for Food Industries (FOODICO)E has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -11.9% per year.
X
Financial health checks
We assess Ismailia National Company for Food Industries (FOODICO)E's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ismailia National Company for Food Industries (FOODICO)E has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Ismailia National Company for Food Industries (FOODICO)E's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ismailia National Company for Food Industries (FOODICO)E dividends.
If you bought EGP2,000 of Ismailia National Company for Food Industries (FOODICO)E shares you are expected to receive EGP0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ismailia National Company for Food Industries (FOODICO)E's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ismailia National Company for Food Industries (FOODICO)E's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CASE:INFI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Egypt Food Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 6.1%
Egypt Market Average Dividend Yield Market Cap Weighted Average of 59 Stocks 6.7%
Egypt Minimum Threshold Dividend Yield 10th Percentile 3.1%
Egypt Bottom 25% Dividend Yield 25th Percentile 5.1%
Egypt Top 25% Dividend Yield 75th Percentile 15.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ismailia National Company for Food Industries (FOODICO)E has not reported any payouts.
  • Unable to verify if Ismailia National Company for Food Industries (FOODICO)E's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ismailia National Company for Food Industries (FOODICO)E's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ismailia National Company for Food Industries (FOODICO)E has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ismailia National Company for Food Industries (FOODICO)E's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ismailia National Company for Food Industries (FOODICO)E afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ismailia National Company for Food Industries (FOODICO)E has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Ismailia National Company for Food Industries (FOODICO)E's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ahmed El Rakaiby
CEO Bio

Ahmed Mohamed Ahmed El Rakaiby serves as the Chairman and Managing Director of Ismailia National Company For Food Industries (FOODICO) S.A.E.

CEO Compensation
  • Insufficient data for Ahmed to compare compensation growth.
  • Insufficient data for Ahmed to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Ahmed El Rakaiby

TITLE
Chairman & MD

Jalal Hasbunnabi

TITLE
Financial & Administrative Manager

Fuad Mawjoud

TITLE
Investors Relations Manager
Board of Directors

Ahmed El Rakaiby

TITLE
Chairman & MD

Helmy Omran

TITLE
Deputy Chairman

Mohamed Mahmoud

TITLE
Director

Ahmed Hassaan

TITLE
Director

Reda Nigm

TITLE
Director

Abdul Nawfal

TITLE
Director

Ahmed Ahmed

TITLE
Director

Attia Mohamed

TITLE
Director

Nabil Radwan

TITLE
Director

Muhammed Wahhab

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (EGP) Value (EGP)
X
Management checks
We assess Ismailia National Company for Food Industries (FOODICO)E's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ismailia National Company for Food Industries (FOODICO)E has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Ismailia National Company for Food Industries (FOODICO) S.A.E. produces and sells food products in Egypt. It offers frozen vegetables, fruits, tomato paste and concentrates, and natural fruit concentrates and juices. The company also exports its products primarily to the Arab and African countries, as well as to Europe and Australia. Ismailia National Company for Food Industries (FOODICO) S.A.E. is headquartered in Cairo, Egypt.

Details
Name: Ismailia National Company for Food Industries (FOODICO) S.A.E.
INFI
Exchange: CASE
Founded:
EGP100,530,000
9,000,000
Website: http://www.foodico.com
Address: Ismailia National Company for Food Industries (FOODICO) S.A.E.
20 Misr Lel Taameer Building,
3rd Zone, Sheraton Buildings,
Cairo,
Egypt
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CASE INFI Share Capital Cairo and Alexandria Stock Exchange EG EGP 07. Feb 2006
Number of employees
Current staff
Staff numbers
0
Ismailia National Company for Food Industries (FOODICO)E employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 20:46
End of day share price update: 2020/04/09 00:00
Last earnings filing: 2020/02/23
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.