- Emaar Misr reported a net income of 1.70 billion Egyptian Pounds for the third quarter of 2024.
- This net income represents a 13% increase compared to the same period last year when the net income was 1.50 billion Pounds.
- The company’s revenue surged to 7.66 billion Pounds, marking a 57% year-over-year increase.
- Analyst sentiment towards Emaar Misr is positive, with 2 buy recommendations and no holds or sells.
A look at Emaar Misr For Development Sae Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With a strong emphasis on value and resilience, Emaar Misr for Development SAE stands out as a promising player in the property development sector in Egypt. Smartkarma’s Smart Scores indicate a top-notch performance in terms of value, reflecting the company’s ability to create substantial worth for its stakeholders. Additionally, the high resilience score suggests that Emaar Misr is well-equipped to navigate challenges and maintain stability, showcasing a robust business model that can weather uncertainties.
While the company shows immense potential in terms of value and resilience, its growth and dividend scores are relatively moderate. This indicates that Emaar Misr may have room for expansion and improvement in terms of growth strategies and dividend payouts. With a solid momentum score, the company is also displaying positive trends that could further boost its overall performance in the long run, making it a compelling prospect for investors looking for stability and value in the Egyptian property market.
Summary: Emaar Misr for Development SAE is a property development company with assets in Egypt, scoring high on value and resilience according to Smartkarma’s Smart Scores, although showing room for improvement in growth and dividend distribution.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
