Alexandria Container and Cargo Handling stock faces tender offer at EGP 27.47

Published on 10/05/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alexandria Container and Cargo Handling stock carried an EGP 101.6 billion market value on October 3, 2026. Two analysts set a Hold consensus.

ALCN, EGS42111C012, Illustration mit AI erstellt.

Alexandria Container and Cargo Handling (EGS42111C012) was quoted at EGP 34.10 on the EGX on October 3, 2026, giving the company a market capitalization of EGP 101.6 billion. The stock's one-year return stood at 57.9 percent, while AD Ports pursued a cash tender offer priced below the market quote.

As Lex Council reported, AD Ports launched a mandatory cash tender offer for up to 90 percent of Alexandria Container and Cargo Handling at EGP 27.47 per share. The offer price is EGP 6.63 below the October 3 market quote.

Tender offer meets a tight float

According to EnterpriseAM, ADQ held 51.33 percent and the Egyptian state held 43.9 percent, leaving free float at 4.8 percent. The tender covered up to 4.3 percent of the company, while the EGX minimum free-float requirement is 10 percent.

The same EnterpriseAM report cited fiscal year 2024/25 revenue of EGP 8.37 billion and an adjusted EBITDA margin of 64 percent. It also stated that income had grown 228 percent since 2022, making operating performance an important counterweight to the ownership dispute.

Analysts see value below the quote

MarketScreener reported a Hold consensus from two analysts with an average target price of EGP 28.55. That target is EGP 5.55 below the EGP 34.10 market quote shown on October 3, 2026, a gap that leaves the tender terms and the analyst view pointing in the same direction.

MarketScreener also listed Alexandria Container and Cargo Handling's addition to the S&P Pan Arab Composite on September 21, 2026, after an EGX 30 addition on September 1, 2026. Index inclusion adds a measurable market signal, but the limited free float keeps the tender process central to the stock's near-term setup.

Stock value and operating scale

Alexandria Container and Cargo Handling operates container terminals in Alexandria and El Dekheila. Its Alexandria terminal has a present throughput capacity of 500,000 TEUs, according to the company website, while the reported EGP 8.37 billion fiscal year 2024/25 revenue shows the scale behind the listed port operator.

At EGP 34.10 on the EGX as of October 3, 2026, Alexandria Container and Cargo Handling stock combined a 57.9 percent one-year return with an EGP 101.6 billion market capitalization. The EGP 27.47 tender price remains the key reference for the ownership debate.