The Egyptian Exchange (EGX) compiled a report that comprises an update for the details of the financial figures of the listed companies.
Nearly 60% of EGX listed firms own price earning multiple that does not exceed 10 multiples, while a round 11% of the listed companies have price-earnings multiple between the ranges of 10 to 15 multiples, said Mohammad Omran, EGX chairman.
Meanwhile, 12 sectors out of 16 sectors listed on Egypt’s bourse have price-earnings multiple of less than 13 multiples, added Omran.
Almost 37% of the listed firms have distributed dividends of dividends yield that exceeds 10%, confirmed Omran.
Omran ensured that EGX publishes the listed’ shares performance since the beginning of the year up-to-date on a daily basis. The published data include the P/E ratio, the latest profitability, and the price during the year, the lowest price during the year, and this is for each company on EGX website.
