Equity Analysis /
Egypt

EGBE 2018 valuation update: Transformation story unfolding

    Tellimer Research
    19 February 2018
    Published byTellimer Research
    EGBE is trading at P/E18 of 8.9x, and P/B18 of 1.4x, on ROAE of 17%. These multiples are considerably above Egypt’s sector average (ex-CIB) of P/E18 of 5.9x, and P/B18 of 0.6x.