1- Value Shares
Value shares are shares that are trading at a value lower than the actual value of the share. If we look at the company’s activity and property, its value is actually less than its real value.
2- Calculating the book value of the shares
Book value per share is calculated as (total shareholders’ equity – preferred equity/total common shares outstanding) Source: Harvard Business Review
Value shares on the EGX
There are many companies with strong financial solvency on the EGX, making great opportunities for investment and diversification..
1- Commercial Bank International (COMI)
Book value EGP 33.05 Based on: Q2 2022 (Source: Mubasher)
The Commercial International Bank has a strong financial solvency and is one of the strongest private sector banks in Egypt. It offers many privileges to individuals, investors and institutions. The bank’s main strengths include a strong management team with a track record of accomplishments for managing the bank successfully during difficult economic periods, something that will be increasingly important in the country’s current challenging operating environment.
2- Abu Qir Fertilizers (ABUK)
Book value EGP 14.11 Based on: Q4 2022 (Source: Mubasher)
Abu Qir Fertilizers is grabbing attention due to the growth recorded by the company, as it achieved great success, recording profits of EGP 2.77 billion during Q3 2022.
3- Telecom Egypt (ETEL)
Book value 25.74 EGP Based on: Q2 2022 (Source: Mubasher)
Telecom Egypt is considered one of the most powerful telecommunications and technology companies in Egypt and the Middle East, and it has captured the title of the fastest fixed internet in Africa.
4- EFG Hermes (HRHO)
Book value EGP 16.58 Based on: Q2 2022 (Source: Mubasher)
EFG Hermes is the largest brokerage and investment bank in the region and offers a wide range of attractive investment opportunities from asset management, investment portfolios, research, consumer finance, real estate finance, insurance and various digital payments.
5- Ghabbour Auto (AUTO)
Book value EGP 5.93 Based on: Q2 2022 (Source: Mubasher)
GB Auto is a company that markets and manufactures cars, buses, trucks and bicycles. The company has many well-known commercial agencies, and sells locally manufactured and imported auto parts.
This was not written by Thndr and this is not investment advice, you should do your own research before making investment decisions.
