Financials Auto Nejma Maroc S.A.

Equities

NEJ

MA0000011009

Auto Vehicles, Parts & Service Retailers

End-of-day quote Casablanca S.E. 06:00:00 2024-04-14 pm EDT 5-day change 1st Jan Change
2,039 MAD -.--% Intraday chart for Auto Nejma Maroc S.A. -.--% -17.45%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 2,342 2,251 2,031 1,986 1,859 2,527
Enterprise Value (EV) 1 2,462 2,324 2,000 1,524 1,541 2,757
P/E ratio - 14.1 x 19.8 x 13.6 x 9.93 x 15.8 x
Yield - 4.27% 3.02% 4.43% 6.05% 3.81%
Capitalization / Revenue 1.15 x 0.98 x 0.92 x 0.86 x 0.89 x 1.11 x
EV / Revenue 1.21 x 1.01 x 0.9 x 0.66 x 0.73 x 1.21 x
EV / EBITDA - 8,607,988 x 11,554,374 x 2,814,932 x 2,554,162 x 9,542,079 x
EV / FCF 23.3 x 22.3 x 10.7 x 1.46 x - -4.52 x
FCF Yield 4.28% 4.49% 9.32% 68.4% - -22.1%
Price to Book - 2.43 x 2.18 x 1.95 x 1.67 x 2.2 x
Nbr of stocks (in thousands) 1,023 1,023 1,023 1,023 1,023 1,023
Reference price 2 2,289 2,200 1,985 1,941 1,817 2,470
Announcement Date 3/25/19 4/30/20 6/23/21 4/16/22 3/7/23 3/9/24
1MAD in Million2MAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 2,042 2,293 2,216 2,319 2,101 2,275
EBITDA - 269.9 173.1 541.3 603.2 288.9
EBIT 1 168.4 243.2 171.6 224.8 286.7 264.8
Operating Margin 8.25% 10.6% 7.74% 9.69% 13.65% 11.64%
Earnings before Tax (EBT) 1 163.1 233 152.6 216 279.2 244.7
Net income 1 112.4 159.2 102.7 145.6 187.2 157.8
Net margin 5.51% 6.94% 4.63% 6.28% 8.91% 6.94%
EPS - 155.6 100.3 142.3 182.9 156.7
Free Cash Flow 1 105.5 104.4 186.5 1,042 - -609.3
FCF margin 5.17% 4.55% 8.41% 44.92% - -26.79%
FCF Conversion (EBITDA) - 38.69% 107.73% 192.45% - -
FCF Conversion (Net income) 93.82% 65.59% 181.64% 715.17% - -
Dividend per Share - 94.00 60.00 86.00 110.0 94.00
Announcement Date 3/25/19 4/30/20 6/23/21 4/16/22 3/7/23 3/9/24
1MAD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 120 72.4 - - - 229
Net Cash position 1 - - 31.2 463 319 -
Leverage (Debt/EBITDA) - 0.2682 x - - - 0.7942 x
Free Cash Flow 1 105 104 186 1,042 - -609
ROE (net income / shareholders' equity) 13.8% 18.1% 11% 14.9% 17.6% 13.9%
ROA (Net income/ Total Assets) 7.5% 10% 5.97% 8.18% 11.2% 8.18%
Assets 1 1,499 1,585 1,718 1,781 1,678 1,928
Book Value Per Share - 905.0 911.0 993.0 1,090 1,122
Cash Flow per Share - 48.40 21.40 33.90 39.30 32.10
Capex 1 37.6 15.5 5.81 15.8 - 250
Capex / Sales 1.84% 0.67% 0.26% 0.68% - 11.01%
Announcement Date 3/25/19 4/30/20 6/23/21 4/16/22 3/7/23 3/9/24
1MAD in Million
Estimates
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