Financials Societe Metallurgique d'Imiter société anonyme

Equities

SMI

MA0000010068

Diversified Mining

End-of-day quote Casablanca S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,799 MAD +1.07% Intraday chart for Societe Metallurgique d'Imiter société anonyme -0.22% +35.98%

Valuation

Fiscal Period: December 2017 2018 2019 2023 2024
Capitalization 1 4,935 2,525 2,580 2,960 2,960
Enterprise Value (EV) 1 4,953 2,526 2,580 2,960 2,960
P/E ratio - - 28.3 x 66.1 x 59.2 x
Yield 2.9% - - - -
Capitalization / Revenue 4,388,142 x 3,724,503 x 3,027,583 x - -
EV / Revenue 4,388,142 x 3,724,503 x 3,027,583 x - -
EV / EBITDA 8,850,119 x 18,567,744 x 6,682,645 x - -
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book 3.48 x 2.3 x - - -
Nbr of stocks (in thousands) 1,645 1,645 1,645 1,645 1,645
Reference price 2 3,000 1,535 1,568 1,799 1,799
Announcement Date 4/6/18 3/20/19 3/25/20 - -
1MAD in Million2MAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2023 2024
Net sales 1,125 678 852 - -
EBITDA 557.7 136 386 - -
EBIT 324.7 -150 113 - -
Operating Margin 28.87% -22.12% 13.26% - -
Earnings before Tax (EBT) 300.8 - - - -
Net income 239 -179 91 - -
Net margin 21.25% -26.4% 10.68% - -
EPS 1 - - 55.40 27.20 30.40
Free Cash Flow - - - - -
FCF margin - - - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 87.00 - - - -
Announcement Date 4/6/18 3/20/19 3/25/20 - -
1MAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2016 2017 2018 2019 2020 2021
Net Debt 1 25.6 17.3 0.58 21.1 187 119
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.0534 x 0.0343 x 0.0144 x 0.0645 x 0.602 x 0.9867 x
Free Cash Flow 1 206 220 239 -48.4 -203 -617
ROE (net income / shareholders' equity) 20.1% 16.8% -14.2% 7.98% 7.88% -5.5%
ROA (Net income/ Total Assets) 12.1% 11.9% -6.2% 5.1% 3.97% -2.58%
Assets 1 2,426 2,000 2,884 1,788 2,451 2,578
Book Value Per Share - - - 722.0 781.0 691.0
Cash Flow per Share - - - 4.360 4.760 2.570
Capex 1 188 239 232 214 102 930
Capex / Sales 14.51% 17.96% 26.2% 20.4% 10.02% 103.2%
Announcement Date 5/15/17 5/2/18 5/10/19 5/13/20 4/30/21 4/30/22
1MAD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
1,799
Average target price
-
Consensus

Annual profits - Rate of surprise

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