Financials Auto Hall S.A.

Equities

ATH

MA0000010969

Auto Vehicles, Parts & Service Retailers

End-of-day quote Casablanca S.E. 06:00:00 2024-05-23 pm EDT 5-day change 1st Jan Change
75.3 MAD -0.92% Intraday chart for Auto Hall S.A. -4.08% +11.14%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 4,024 3,546 5,180 3,269 3,407 3,787 - -
Enterprise Value (EV) 1 4,024 5,138 6,031 3,269 3,407 6,483 6,373 3,787
P/E ratio 25.4 x 24.6 x 19.6 x 32.7 x - 83.7 x 36.7 x 29.1 x
Yield - 4.96% 3.4% - - 2.66% 2.66% 2.66%
Capitalization / Revenue - 0.9 x 1.02 x 0.68 x 0.69 x 0.72 x 0.69 x 0.66 x
EV / Revenue - 1.3 x 1.19 x 0.68 x 0.69 x 1.24 x 1.15 x 0.66 x
EV / EBITDA - 12.4 x 10.4 x 7.4 x 7.78 x 15.8 x 13.9 x -
EV / FCF - 6.71 x 4.69 x - - 61.7 x 30.2 x -
FCF Yield - 14.9% 21.3% - - 1.62% 3.31% -
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 50,295 50,295 50,295 50,295 50,295 50,295 - -
Reference price 2 80.00 70.50 103.0 65.00 67.75 75.30 75.30 75.30
Announcement Date 4/29/20 4/30/21 3/31/22 4/28/23 4/26/24 - - -
1MAD in Million2MAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 3,948 5,084 4,831 4,912 5,225 5,519 5,740
EBITDA 1 - 413.1 577.5 441.7 438 411 460 -
EBIT 1 - 295.3 459.7 258.7 207.7 241 281 -
Operating Margin - 7.48% 9.04% 5.36% 4.23% 4.61% 5.09% -
Earnings before Tax (EBT) - 224.5 - - - - - -
Net income 1 - 144.3 264.1 100.1 - 45.1 103 130
Net margin - 3.65% 5.19% 2.07% - 0.86% 1.87% 2.26%
EPS 2 3.154 2.869 5.250 1.990 - 0.9000 2.050 2.590
Free Cash Flow 1 - 765.9 1,285 - - 105 211 -
FCF margin - 19.4% 25.28% - - 2.01% 3.82% -
FCF Conversion (EBITDA) - 185.42% 222.59% - - 25.55% 45.87% -
FCF Conversion (Net income) - 530.86% 486.79% - - 232.82% 204.85% -
Dividend per Share 2 - 3.500 3.500 - - 2.000 2.000 2.000
Announcement Date 4/29/20 4/30/21 3/31/22 4/28/23 4/26/24 - - -
1MAD in Million2MAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,593 850 - - 2,696 2,586 -
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 3.856 x 1.472 x - - 6.56 x 5.622 x -
Free Cash Flow 1 766 1,285 - - 105 211 -
ROE (net income / shareholders' equity) 8.46% 15.2% - - 2.98% 6.92% 8.64%
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share - - - - - - -
Capex 1 418 379 - - 323 352 -
Capex / Sales 10.6% 7.45% - - 6.18% 6.38% -
Announcement Date 4/30/21 3/31/22 4/28/23 4/26/24 - - -
1MAD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
75.3 MAD
Average target price
51.6 MAD
Spread / Average Target
-31.47%
Consensus

Annual profits - Rate of surprise

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