Financials Orascom Investment Holding S.A.E.

Equities

OIH

EGS693V1C014

Integrated Telecommunications Services

End-of-day quote Egyptian Exchange 03:30:00 02/05/2024 am IST 5-day change 1st Jan Change
0.346 EGP +1.17% Intraday chart for Orascom Investment Holding S.A.E. +2.67% -10.59%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 3,037 2,864 2,917 1,227 1,443 2,006
Enterprise Value (EV) 1 3,945 2,901 3,111 274.5 135.3 502.3
P/E ratio 3.34 x -6.86 x -27.7 x 2.47 x 3.45 x -
Yield - - - - - -
Capitalization / Revenue 1.54 x 2.42 x 3.99 x 5.37 x 10.2 x 11.1 x
EV / Revenue 2 x 2.46 x 4.26 x 1.2 x 0.96 x 2.79 x
EV / EBITDA 28.7 x 25.3 x 35.3 x -6.91 x 104 x -1.96 x
EV / FCF -2.02 x 2.02 x 22.5 x -0.36 x 0.35 x -0.91 x
FCF Yield -49.6% 49.5% 4.45% -279% 289% -110%
Price to Book 0.62 x 0.68 x 2.29 x 0.76 x 0.56 x -
Nbr of stocks (in thousands) 52,45,691 52,45,691 52,45,691 52,45,691 52,45,691 51,82,766
Reference price 2 0.5790 0.5460 0.5560 0.2340 0.2750 0.3870
Announcement Date 04/04/19 06/05/20 31/05/21 31/03/22 04/04/23 28/04/24
1EGP in Million2EGP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,970 1,181 730.7 228.7 140.8 179.9
EBITDA 1 137.3 114.7 88.23 -39.74 1.298 -256.6
EBIT 1 14.38 9.447 -1.426 -45.04 -9.824 -296
Operating Margin 0.73% 0.8% -0.2% -19.7% -6.98% -164.56%
Earnings before Tax (EBT) 1 -162.7 -320.5 14.57 -38.73 453 -209
Net income 1 910.7 -417.8 -105.3 498 417.6 -27.43
Net margin 46.23% -35.37% -14.41% 217.76% 296.56% -15.25%
EPS 2 0.1736 -0.0796 -0.0201 0.0949 0.0796 -
Free Cash Flow 1 -1,955 1,437 138.3 -765 391.3 -550.6
FCF margin -99.24% 121.65% 18.93% -334.56% 277.84% -306.02%
FCF Conversion (EBITDA) - 1,252.66% 156.77% - 30,142.95% -
FCF Conversion (Net income) - - - - 93.69% -
Dividend per Share - - - - - -
Announcement Date 04/04/19 06/05/20 31/05/21 31/03/22 04/04/23 28/04/24
1EGP in Million2EGP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 908 36.9 194 - - -
Net Cash position 1 - - - 953 1,307 1,503
Leverage (Debt/EBITDA) 6.611 x 0.3216 x 2.199 x - - -
Free Cash Flow 1 -1,955 1,437 138 -765 391 -551
ROE (net income / shareholders' equity) -5.11% -8.58% -2% -4.94% 16.3% -5.71%
ROA (Net income/ Total Assets) 0.09% 0.06% -0.02% -0.74% -0.15% -4.17%
Assets 1 10,23,262 -6,49,795 6,70,592 -67,665 -2,73,493 657.3
Book Value Per Share 2 0.9300 0.8000 0.2400 0.3100 0.4900 -
Cash Flow per Share 2 0.3600 0.1900 0.0700 0.2100 0.3200 -
Capex 1 120 131 141 108 194 185
Capex / Sales 6.08% 11.11% 19.32% 47.43% 137.45% 102.94%
Announcement Date 04/04/19 06/05/20 31/05/21 31/03/22 04/04/23 28/04/24
1EGP in Million2EGP
Estimates
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