Ahmed Wael Metwally
Investment Banking Analyst · Cairo

Ahmed Wael Metwally

M&A advisory, capital raising, early-stage investing and valuation.

Get in touch Download CV
01  About

Investment Banking Analyst at Intercap Capital and Investment Associate at T-Six Ventures, working across M&A advisory, capital raising, and early-stage venture investing in Cairo. Previously Financial Analyst at MCDR, Egypt's central securities depository.

CFA Level I Candidate, with Wall Street Prep (FMVC) and CFI (FMVA) modeling certifications. Bachelor's Degree in Finance from Georgia State University.

02  Experience

Career history

July 2026 – Present

Investment Banking Analyst

Intercap Capital
Giza, Egypt

Montreal-headquartered investment bank, FRA-licensed in Egypt for M&A advisory, capital raising, and valuations.

  • 01Build 3-statement models and DCF valuations for M&A and capital-raise mandates against trading comps and precedent transactions.
  • 02Prepare independent fair-market-value valuations and Opinion of Value deliverables issued under Intercap's FRA advisory licence.
  • 03Draft CIMs, teasers, and investor presentations forming deal packs taken to prospective buyers and investors.
July 2026 – Present

Investment Associate

T-Six Ventures
Giza, Egypt
  • 01Structure early-stage rounds for T-Six portfolio startups — round sizing, dilution, and SAFE/convertible/equity cap tables.
  • 02Produce financial models, valuations, and pitch decks carrying startups from investor outreach through to closed rounds.
November 2024 – June 2026

Financial Analyst

MCDR — Misr for Central Clearing, Depository & Registry ↗
Cairo, Egypt

Egypt's central securities depository (CSD) and post-trade infrastructure operator for the Egyptian Exchange (EGX), regulated by FRA.

  • 01Valued EGX-listed companies through DCF and 3-statement models built in Excel, presenting investment cases directly to the CFO.
  • 02Processed corporate actions for EGX-listed issuers — dividends, splits, and capital increases — across settlement and clearing, custody and registry records, and FRA regulatory reporting.
  • 03Monitored a multi-million EGP investment portfolio against EGX, CBE, and FRA regulatory thresholds and disclosure rules.
03  Transactions & valuation

Transaction & valuation modeling — EGX, Tadawul, NASDAQ & UK

  • 01Constructed 3-statement models and DCF valuations across nine EGX sectors — Elsewedy Electric (SWDY.CA), Fawry (FWRY.CA), Telecom Egypt (ETEL.CA), Edita (EFID.CA) — adding NAV/RNAV for Talaat Moustafa Group (TMGH.CA).
  • 02Extended Misr Fertilizers (MFPC.CA) into full transaction analysis — trading comps, precedent transactions, and accretion/dilution on a hypothetical MOPCO–Abu Qir combination.
  • 03Applied normalized EBITDA, comps, and a DLOM to Iceland Foods Limited (private UK), recalibrating the same approach to Almarai (2280.SR), Qassim Cement (3040.SR), Elm (7203.SR), Jarir (4190.SR), and Apple (AAPL).
  • 04Stress-tested each model for mathematical accuracy and logic consistency, resolving tax sign errors, beta relevering faults, and double-counted debt, tracing every assumption to filed financials.

Model library

Excel · preview in browser or download
TickerCompanySectorScopeFiles
EGX — Cairo15 companies · 9 sectors
MFPC.CA Misr Fertilizers Fertilizers / Chemicals Transaction analysis · comps · precedents · accretion/dilution PreviewDownload
SKPC.CA Sidi Kerir Petrochemicals Petrochemicals 3-statement · DCF PreviewDownload
LCSW.CA Lecico Egypt Building Materials / Ceramics & Sanitary Ware 3-statement · DCF PreviewDownload
ARCC.CA Arabian Cement Materials / Cement 3-statement · DCF PreviewDownload
ORWE.CA Oriental Weavers Home Textiles / Carpets 3-statement · DCF PreviewDownload
ISPH.CA Ibnsina Pharma Healthcare / Distribution 3-statement · DCF PreviewDownload
ETEL.CA Telecom Egypt Telecom 3-statement · DCF PreviewDownload
EFIH.CA E-finance Fintech 3-statement · DCF PreviewDownload
TMGH.CA Talaat Moustafa Real Estate 3-statement · DCF · NAV/RNAV PreviewDownload
SWDY.CA Elsewedy Electric Industrials 3-statement · DCF PreviewDownload
FWRY.CA Fawry Fintech 3-statement · DCF PreviewDownload
CLHO.CA Cleopatra Hospital Healthcare 3-statement · DCF PreviewDownload
JUFO.CA Juhayna Consumer Staples 3-statement · DCF PreviewDownload
EAST.CA Eastern Company Tobacco 3-statement · DCF PreviewDownload
EFID.CA Edita Food Consumer Staples 3-statement · DCF PreviewDownload
Tadawul — Riyadh4 companies
2280.SR Almarai Consumer Staples 3-statement · DCF PreviewDownload
3040.SR Qassim Cement Materials 3-statement · DCF PreviewDownload
7203.SR Elm Technology / Digital Services 3-statement · DCF PreviewDownload
4190.SR Jarir Retail 3-statement · DCF PreviewDownload
NASDAQ — New York1 company
AAPL Apple Technology 3-statement · DCF PreviewDownload
United Kingdom — Private1 company
Private Iceland Foods Limited Grocery / Food Retail Normalized EBITDA · trading & transaction comps · DLOM PreviewDownload
04  Published research

Initiation of coverage, DCF-anchored

Price targets against market price at publication. Report and slides available for each name.

TickerCompanyRatingTargetMarketImpliedFiles
ARCC.CA
Arabian Cement
Building Materials & Cement

Trading at a 43% discount to intrinsic value, with a net-cash balance sheet and a post-devaluation earnings step-change not yet in the share price.

 Overweight EGP 80.00 EGP 56.11 +43.0% Report·Slides
SWDY.CA
Elsewedy Electric
Cables, Energy & EPC Infrastructure

At 91 EGP the market prices in >12% perpetual FCF growth — above Egypt's nominal GDP; our DCF supports 71 EGP.

 Underweight EGP 71.00 EGP 91.19 −22.3% Report·Slides
JUFO.CA
Juhayna Food Industries
Dairy & Beverage

Input-cost pressure and a stretched multiple leave little margin of safety; our DCF lands at 22 EGP against a 28 EGP market price.

 Underweight EGP 22.00 EGP 28.09 −21.7% Report·Slides
05  Credentials

Certifications

In progress
CFA Level I Candidate
CFA Institute
2026
Financial & Valuation Modeling Certification (FMVC)
Wall Street Prep
2025
Financial Modeling & Valuation Analyst (FMVA)
Corporate Finance Institute · View credential ↗

Education

2020–2024
Bachelor's Degree, Finance
Georgia State University ↗

Skills & tooling

Modeling3-Statement Modeling, DCF, LBO, Merger Model, Accretion/Dilution
ValuationComparable Company Analysis, Precedent Transactions, NAV/RNAV, DLOM, DDM, Scenario Analysis
DocumentsCIM, Teaser, Investor Presentation, Opinion of Value, Pitch Book
ToolsMicrosoft Excel (Advanced), Bloomberg Terminal, PowerPoint, Word
06  Contact

Open to conversations on M&A, venture investing, valuation and financial modeling.

Email LinkedIn ↗ Download CV
ahmedwaelmetwally@gmail.com +20 103 278 2667 Cairo, Egypt