Edita Food Industries Company (S.A.E)
Edita Food Industries Company (S.A.E) operates as a FMCG company in Egypt. The company manufactures, packs, and sells food products, including juices, jams, readymade food, dry goods, cakes, pastries, dairy products, meat, vegetables, fruits, chocolates, and vegetarian products; snack foods, such as cakes, croissants, rusks, and wafers; and confectionaries, including hard candies, toffees, and je… Read more
Edita Food Industries Company (S.A.E) (EFID) - Net Assets
Latest net assets as of June 2024: $3.87 Billion USD
Based on the latest financial reports, Edita Food Industries Company (S.A.E) (EFID) has net assets worth $3.87 Billion USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.94 Billion) and total liabilities ($5.08 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.87 Billion |
| % of Total Assets | 43.23% |
| Annual Growth Rate | 16.98% |
| 5-Year Change | 110.08% |
| 10-Year Change | 317.56% |
| Growth Volatility | 11.4 |
Edita Food Industries Company (S.A.E) - Net Assets Trend (2012–2023)
This chart illustrates how Edita Food Industries Company (S.A.E)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Edita Food Industries Company (S.A.E) (2012–2023)
The table below shows the annual net assets of Edita Food Industries Company (S.A.E) from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $3.45 Billion | +26.90% |
| 2022-12-31 | $2.72 Billion | +28.66% |
| 2021-12-31 | $2.11 Billion | +18.83% |
| 2020-12-31 | $1.78 Billion | +8.27% |
| 2019-12-31 | $1.64 Billion | +13.27% |
| 2018-12-31 | $1.45 Billion | +17.78% |
| 2017-12-31 | $1.23 Billion | +6.85% |
| 2016-12-31 | $1.15 Billion | -2.00% |
| 2015-12-31 | $1.17 Billion | +42.27% |
| 2014-12-31 | $825.74 Million | +16.31% |
| 2013-12-31 | $709.95 Million | +15.55% |
| 2012-12-31 | $614.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Edita Food Industries Company (S.A.E)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 538.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.32 Billion | 98.32% |
| Common Stock | $140.00 Million | 4.15% |
| Other Comprehensive Income | $-83.36 Million | -2.47% |
| Total Equity | $3.37 Billion | 100.00% |
Edita Food Industries Company (S.A.E) Competitors by Market Cap
The table below lists competitors of Edita Food Industries Company (S.A.E) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AFRICA OIL
MU:AFZ
|
$11.91K |
|
GPSAF
PINK:GPSAF
|
$11.92K |
|
KOOTH PLC LS -05
F:KO0
|
$11.93K |
|
AURION RES
MU:8RA
|
$11.94K |
|
MICROPORT SCIEN
BE:MSK
|
$11.90K |
|
ABCO Energy Inc
PINK:ABCE
|
$11.90K |
|
Red Tiger Mining Inc
PINK:RDTMF
|
$11.90K |
|
Mincon Group P
LSE:MCON
|
$11.89K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Edita Food Industries Company (S.A.E)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,675,981,252 to 3,373,743,545, a change of 697,762,293 (26.1%).
- Net income of 1,524,789,018 contributed positively to equity growth.
- Dividend payments of 699,700,000 reduced retained earnings.
- Share repurchases of 105,184,979 reduced equity.
- Other comprehensive income decreased equity by 8,796,073.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.52 Billion | +45.2% |
| Dividends Paid | $699.70 Million | -20.74% |
| Share Repurchases | $105.18 Million | -3.12% |
| Other Comprehensive Income | $-8.80 Million | -0.26% |
| Other Changes | $-13.35 Million | -0.4% |
| Total Change | $- | 26.08% |
Book Value vs Market Value Analysis
This analysis compares Edita Food Industries Company (S.A.E)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.27x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.02x to 0.27x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $63.55 | $1.32 | x |
| 2013-12-31 | $73.91 | $1.32 | x |
| 2014-12-31 | $5.68 | $1.32 | x |
| 2015-12-31 | $8.06 | $1.32 | x |
| 2016-12-31 | $7.83 | $1.32 | x |
| 2017-12-31 | $8.33 | $1.32 | x |
| 2018-12-31 | $9.82 | $1.32 | x |
| 2019-12-31 | $11.06 | $1.32 | x |
| 2020-12-31 | $12.03 | $1.32 | x |
| 2021-12-31 | $14.60 | $1.32 | x |
| 2022-12-31 | $18.50 | $1.32 | x |
| 2023-12-31 | $4.81 | $1.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Edita Food Industries Company (S.A.E) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 45.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.57%
- • Asset Turnover: 1.57x
- • Equity Multiplier: 2.30x
- Recent ROE (45.20%) is above the historical average (26.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 28.31% | 12.84% | 1.19x | 1.85x | $111.39 Million |
| 2013 | 36.03% | 15.48% | 1.22x | 1.90x | $184.23 Million |
| 2014 | 32.30% | 13.87% | 1.20x | 1.95x | $183.71 Million |
| 2015 | 29.54% | 15.52% | 1.04x | 1.82x | $228.50 Million |
| 2016 | 4.26% | 1.93% | 1.03x | 2.14x | $-65.27 Million |
| 2017 | 16.98% | 6.74% | 1.12x | 2.24x | $84.29 Million |
| 2018 | 21.16% | 7.98% | 1.33x | 1.99x | $158.98 Million |
| 2019 | 22.63% | 9.02% | 1.18x | 2.13x | $202.72 Million |
| 2020 | 19.97% | 8.65% | 1.07x | 2.16x | $173.59 Million |
| 2021 | 22.35% | 8.98% | 1.24x | 2.00x | $260.64 Million |
| 2022 | 36.06% | 12.58% | 1.32x | 2.16x | $697.27 Million |
| 2023 | 45.20% | 12.57% | 1.57x | 2.30x | $1.19 Billion |
Industry Comparison
This section compares Edita Food Industries Company (S.A.E)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $13,549,202,000
- Average return on equity (ROE) among peers: 10.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Edita Food Industries Company (S.A.E) (EFID) | $3.87 Billion | 28.31% | 1.31x | $11.91K |
| Aviva plc 8.75% CUM IRRD PRF GBP1 (AV-A) | $9.08 Billion | 0.00% | 0.03x | $127.42 |
| Bristol Water Holdings UK Limited 8.75% CUM IRRD PRF GBP1 (BWRA) | $89.30 Million | 14.67% | 3.88x | $170.12 |
| Electrica SA (ELSA) | $6.52 Billion | 5.47% | 0.29x | $181.62K |
| Northern Electric plc 8.061P(NET)CUM IRRD PRF 1P (NTEA) | $1.17 Billion | 9.07% | 1.57x | $151.83 |
| Telecom Egypt Company S.A.E (TEEG) | $50.88 Billion | 22.53% | 1.96x | $25.98K |