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Company Information |
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Full name Olympic Group for Financial Investments (اوليمبك جروب للإستثمارات المالية ) Headquarters P.O. Box 11511, Olympic Group Building, Ramsis Street Extension, Nasr City, Cairo.; Cairo; Greater Cairo |
Status: Listed Legal Form: Joint Stock Company Operational Status: Operational ISIN CODE : EGS69031C010 Financial Auditors: Ahmed Sultan & Co. (2012) Incorporation Date: January 1, 1995 Total Employees: 7,800 Tel: 20 224880880 |
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Company Description |
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Olympic Group was formed as a holding company for a number of subsidiaries whose principal activity is to manufacture and distribute household appliances and related industries in Egypt. Olympic Group is also engaged in real estate activities. Although its products are available throughout the country, Olympic Group has its own Olympic Stores, in Egypt as well as in Saudi Arabia. In 2003, Olympic bought the licensing rights for all Sony products in Egypt. It was listed in Cairo and Alexandria |
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Company Analysis |
| According to the Consolidated - Audited financial statement for the Year of 2010, total net operating revenues increased with 9.50%, from EGP 2,628,776 thousands to EGP 2,878,564 thousands. Operating result decreased from EGP 195,684 thousands to EGP 162,512 thousands which means -16.95% change. The results of the period decreased -18.12% reaching EGP 127,812 thousands at the end of the period against EGP 156,099 thousands last year. Return on equity (Net income/Total equity) went from 11.61% to 9.37%, the Return On Asset (Net income / Total Asset) went from 6.04% to 3.98% and the Net Profit Margin (Net Income/Net Sales) went from 5.94% to 4.44% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 135.33% compared to 92.20% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.50 to 1.34 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2010 Y (cons) |
2009 Y (cons) |
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| Audited | Audited | |
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| Finglobe - MENA Spread Financial Statements | Finglobe - MENA Spread Financial Statements | |
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| Unit | Thousands | Thousands |
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Total Assets |
3,209,781 |
2,583,356 |
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Current Assets |
1,845,859 |
1,655,197 |
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Total Liabilities |
1,845,860 |
1,239,244 |
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Shareholders Equity |
1,363,921 |
1,344,112 |
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Current Liabilities |
1,379,244 |
1,107,148 |
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| * All the accounts are in EGP. | ||
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Total Operating Revenue |
2,878,564 |
2,628,776 |
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Operational Profit (Loss) |
162,512 |
195,684 |
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Net Profit (Loss) |
127,812 |
156,099 |
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| * All the accounts are in EGP. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
3.98% |
6.04% |
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Annualised Return on Assets (ROA) |
3.98% |
6.04% |
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Return on Equity (ROE) |
9.37% |
11.61% |
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Annualised Return on Equity (ROE) |
9.51% |
12.87% |
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Return on Sales (ROS) |
4.44% |
5.94% |
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Return on Capital |
8.88% |
13.26% |
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Gross Profit Margin |
176.84% |
174.37% |
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Operating Profit Margin |
5.65% |
7.44% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
6.86x |
6.60x |
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Inventory Turnover |
3.74x |
4.20x |
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Current asset turnover |
1.56x |
1.59x |
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Fixed-asset turnover |
2.11x |
2.83x |
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Asset Turnover |
0.90x |
1.02x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
162,512 |
195,684 |
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EBITDA |
162,512 |
213,323 |
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Enterprise value |
4,202,189 |
2,743,298 |
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Enterprise Value / EBITDA |
25.86 |
12.86 |
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Bookvalue (BV) |
1,363,921 |
1,344,112 |
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Net Cash |
-1,727,067 |
-1,105,633 |
| Liquidity Ratios | ||
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Current Ratio |
133.83% |
149.5% |
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Quick ratio |
78.01% |
92.97% |
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Doom's day ratio |
8.61% |
12.07% |
| Leverage Ratios | ||
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Leverage ratio |
235.33% |
192.2% |
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Debt to equity |
135.33% |
92.2% |
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Debt to total assets |
57.51% |
47.97% |
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Long Term Debt to Capital |
25.49% |
8.95% |
| Market ratios | ||
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Market Capitalization/EBITDA |
15.23 |
7.68 |
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Market Cap / Net cash |
-1.43 |
-1.48 |
| Trend Ratios | ||
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Revenue Trend |
109.5% |
97.11% |
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Net Income Trend |
81.88% |
84.96% |
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Operating Income Trend |
83.05% |
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