Telecom Egypt Company S.A.E
Telecom Egypt Company S.A.E., together with its subsidiaries, provides public communications and associated products and services. It operates in Communications, Marine Cables and Infrastructure; Internet Services; and Outsourcing Services segments. The company offers fixed-line services in the Middle East; and voice telephony, Internet and data services, and wholesale Internet transit service to… Read more
Telecom Egypt Company S.A.E (TEEG) - Net Assets
Latest net assets as of June 2024: $43.46 Billion USD
Based on the latest financial reports, Telecom Egypt Company S.A.E (TEEG) has net assets worth $43.46 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 ($184.87 Billion) and total liabilities ($141.41 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 | $43.46 Billion |
| % of Total Assets | 23.51% |
| Annual Growth Rate | 7.4% |
| 5-Year Change | 44.47% |
| 10-Year Change | N/A |
| Growth Volatility | 3.62 |
Telecom Egypt Company S.A.E - Net Assets Trend (2014–2023)
This chart illustrates how Telecom Egypt 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 Telecom Egypt Company S.A.E (2014–2023)
The table below shows the annual net assets of Telecom Egypt Company S.A.E from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $50.88 Billion | +9.98% |
| 2022-12-31 | $46.27 Billion | +4.37% |
| 2021-12-31 | $44.33 Billion | +14.37% |
| 2020-12-31 | $38.76 Billion | +10.05% |
| 2019-12-31 | $35.22 Billion | +8.41% |
| 2018-12-31 | $32.49 Billion | +6.21% |
| 2017-12-31 | $30.59 Billion | +2.83% |
| 2016-12-31 | $29.75 Billion | +2.66% |
| 2015-12-31 | $28.97 Billion | +8.22% |
| 2014-12-31 | $26.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Telecom Egypt 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 181.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $27.22 Billion | 53.52% |
| Other Components | $23.64 Billion | 46.48% |
| Total Equity | $50.87 Billion | 100.00% |
Telecom Egypt Company S.A.E Competitors by Market Cap
The table below lists competitors of Telecom Egypt Company S.A.E ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mobile Max-M
TA:MBMX
|
$25.99K |
|
123fahrschule SE
DU:123F
|
$26.01K |
|
Casa Grande S.A.A.
LIM:CASAGRC1
|
$26.02K |
|
Pd-Rx Pharmaceutical
PINK:PDRX
|
$26.02K |
|
SYNECTICS
BE:RNR
|
$25.97K |
|
ENTRAVSION COMMN-A (EV9.SG)
STU:EV9
|
$25.97K |
|
SUMITOMO CHEM
DU:SMM
|
$25.97K |
|
DONGFANG ELEC -H-
BE:DEU
|
$25.92K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telecom Egypt Company S.A.E's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 46,252,691,000 to 50,866,962,000, a change of 4,614,271,000 (10.0%).
- Net income of 11,465,517,000 contributed positively to equity growth.
- Dividend payments of 2,137,632,000 reduced retained earnings.
- Other factors decreased equity by 4,713,614,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.47 Billion | +22.54% |
| Dividends Paid | $2.14 Billion | -4.2% |
| Other Changes | $-4.71 Billion | -9.27% |
| Total Change | $- | 9.98% |
Book Value vs Market Value Analysis
This analysis compares Telecom Egypt 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: 0.09x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $17.91 | $2.80 | x |
| 2018-12-31 | $19.02 | $2.80 | x |
| 2019-12-31 | $20.62 | $2.80 | x |
| 2020-12-31 | $22.70 | $2.80 | x |
| 2021-12-31 | $25.96 | $2.80 | x |
| 2022-12-31 | $27.09 | $2.80 | x |
| 2023-12-31 | $29.80 | $2.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telecom Egypt 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): 22.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.23%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.96x
- Recent ROE (22.54%) is above the historical average (14.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.98% | 18.89% | 0.34x | 1.40x | $-303.20 Million |
| 2017 | 10.30% | 16.97% | 0.35x | 1.71x | $92.80 Million |
| 2018 | 10.73% | 15.30% | 0.36x | 1.97x | $236.81 Million |
| 2019 | 12.50% | 17.05% | 0.35x | 2.07x | $878.59 Million |
| 2020 | 12.52% | 15.20% | 0.38x | 2.18x | $975.59 Million |
| 2021 | 18.99% | 22.69% | 0.41x | 2.03x | $3.99 Billion |
| 2022 | 19.85% | 20.74% | 0.37x | 2.58x | $4.56 Billion |
| 2023 | 22.54% | 20.23% | 0.38x | 2.96x | $6.38 Billion |
Industry Comparison
This section compares Telecom Egypt Company S.A.E's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $4,061,804,934
- Average return on equity (ROE) among peers: 14.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telecom Egypt Company S.A.E (TEEG) | $43.46 Billion | 8.98% | 3.25x | $25.98K |
| 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 |
| Edita Food Industries Company (S.A.E) (EFID) | $3.45 Billion | 44.22% | 1.25x | $11.91K |
| 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 |