MIDDLE & WEST DELTA FLOUR MILLS
WCDF

EGX

Current Price
EGP
EGP (%)
Price Upon Recommendation
299.94 EGP
Target Price from Recommendation

345.00 EGP

+15.00%
Holding Period

From 3 to 6 months

Final Recommendation

Buy stock at the current price

Valid Until

June 16, 2025 at 3:50:06 AM

Risk Assessment

Medium

Confidence Score

85.00%

Potential Growth

15.00%

Investment Reason

Middle & West Delta Flour Mills has demonstrated consistent revenue growth, with a 29.87% increase to EGP 2.43 billion in 2024, and a 52.79% rise in earnings to EGP 415.29 million. The company's strong market position in Egypt's flour milling industry and its strategic investments in infrastructure and technology position it well for future growth.

Overview
Recent Performance

The stock is trading at EGP 299.94 as of March 13, 2025, with a 1-year price total return of 22.8%.

Economic Factors

The stable demand for staple foods in Egypt, coupled with the company's strategic initiatives, supports its growth prospects.

Competitive Positioning

As a leading flour milling company in Egypt, Middle & West Delta Flour Mills benefits from economies of scale, a strong distribution network, and a reputation for quality products.

Analysis Summary

Middle & West Delta Flour Mills has shown robust financial performance and maintains a strong market presence, making it a promising investment opportunity.

Key Points
  • Strong revenue and earnings growth in 2024.
  • Dominant position in Egypt's flour milling industry.
  • Stable demand for staple foods supports growth.
  • Attractive dividend yield of 12.00%.
Recommendations