EAST DELTA FLOUR MILLS
EDFM

EGX

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

250.14 EGP

+15.00%
Holding Period

From 6 to 12 months

Final Recommendation

Buy stock at the current price

Valid Until

October 16, 2025 at 11:59:59 PM

Risk Assessment

Medium

Confidence Score

75.00%

Potential Growth

14.50%

Investment Reason

EDFM is strategically positioned within Egypt's EGX 30 Index, which has shown steady growth and resilience despite regional volatility. The stock benefits from strong liquidity and aligns with Egypt's fiscal targets, including a 22.5% revenue increase projected for FY2024/2025 .

Overview
Recent Performance

EDFM mirrors the EGX 30's stability, with a current price of 217.51 (prev close: 217.51) and a 24-hour range of 215.2–224.0, reflecting moderate volatility amid broader market strength .

Economic Factors

Egypt's focus on fiscal consolidation, IMF partnerships, and energy sector growth supports EGX liquidity and investor confidence, indirectly boosting EDFM's outlook .

Competitive Positioning

As a constituent of the EGX 30, EDFM represents Egypt's largest and most liquid companies, benefiting from institutional investor interest and alignment with national economic reforms .

Analysis Summary

EDFM is poised to capitalize on Egypt's macroeconomic stability and EGX's regional outperformance. A target price of 250.14 reflects a 15% upside from current levels, supported by index strength and fiscal tailwinds.

Key Points
  • Aligns with Egypt's 22.5% revenue growth target for FY2024/2025
  • Backed by EGX 30's status as the Middle East's top-performing index in 2022
  • 15% upside potential to 250.14 within 6 months
  • Medium risk with strong institutional support
Recommendations