EGX
2.40 EGP
+15.38%From 1 to 3 months
Buy stock at the current price
April 17, 2025 at 4:47:13 AM
Medium
75.00%
15.00%
El Kahera Housing (ELKA) has shown resilience with a 5.15% rise over the past month, indicating potential for short-term growth. The stock's current price-to-earnings ratio of 1.4x is significantly lower than the industry average of 12.6x, suggesting it may be undervalued. Additionally, the company's market capitalization has increased by 6.67% as of March 9, 2025, reflecting positive investor sentiment.
Over the past year, ELKA's stock has shown an 11.11% increase, demonstrating consistent growth. However, its weekly volatility stands at 6%, higher than 75% of EGX stocks, indicating moderate risk.
The EGX 30 Index has experienced a year-over-year growth of 67.09% as of April 2024, reflecting a bullish market environment that could benefit ELKA.
ELKA's price-to-earnings ratio of 1.4x positions it favorably compared to the EG Real Estate industry's average of 12.6x, indicating potential undervaluation and a competitive edge in the market.
El Kahera Housing's undervalued stock, marked by a low P/E ratio and recent market cap growth, combined with a bullish EGX 30 Index, presents a promising short-term investment opportunity.
- ELKA's P/E ratio of 1.4x suggests undervaluation.
- 6.67% market cap growth as of March 9, 2025.
- 11.11% increase in stock price over the past year.
- 6% weekly volatility indicates moderate risk.
