Financials Societe de Promotion Pharmaceutique du Maghreb S.A.

Equities

PRO

MA0000011660

Pharmaceuticals

End-of-day quote Casablanca S.E. 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
984 MAD +5.35% Intraday chart for Societe de Promotion Pharmaceutique du Maghreb S.A. +5.35% -1.60%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,000 856 710 1,140 1,068 1,000
Enterprise Value (EV) 1 1,022 707.7 570.9 934.9 1,011 1,068
P/E ratio 25.8 x 16.4 x 11.8 x 16.5 x 14.2 x 17.6 x
Yield - - - 3.51% 3.75% -
Capitalization / Revenue 2.25 x 1.64 x 1.24 x 1.81 x 1.52 x 1.24 x
EV / Revenue 2.3 x 1.35 x 1 x 1.48 x 1.44 x 1.33 x
EV / EBITDA - - - - - 10,614,080 x
EV / FCF - - - - -8,263,604 x -9,737,452 x
FCF Yield - - - - -0% -0%
Price to Book 3.67 x 2.64 x 1.85 x 2.69 x 2.33 x 2.07 x
Nbr of stocks (in thousands) 1,000 1,000 1,000 1,000 1,000 1,000
Reference price 2 1,000 856.0 710.0 1,140 1,068 1,000
Announcement Date 3/26/19 3/30/20 4/15/21 4/26/22 4/25/23 4/30/24
1MAD in Million2MAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 444.5 522.5 573.2 630.5 704.6 805.5
EBITDA - - - - - 100.7
EBIT 1 54.72 91.24 101.5 104.9 134.1 88.65
Operating Margin 12.31% 17.46% 17.7% 16.64% 19.03% 11%
Earnings before Tax (EBT) 1 55.04 81.58 90.45 102.7 114.3 87.79
Net income 1 38.75 52.11 60.26 68.97 75.28 56.9
Net margin 8.72% 9.97% 10.51% 10.94% 10.68% 7.06%
EPS 2 38.75 52.11 60.26 68.97 75.28 56.90
Free Cash Flow - - - - -122.4 -109.7
FCF margin - - - - -17.37% -13.62%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - 40.00 40.00 -
Announcement Date 3/26/19 3/30/20 4/15/21 4/26/22 4/25/23 4/30/24
1MAD in Million2MAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 22.4 - - - - 68.4
Net Cash position 1 - 148 139 205 56.8 -
Leverage (Debt/EBITDA) - - - - - 0.6798 x
Free Cash Flow - - - - -122 -110
ROE (net income / shareholders' equity) 15.3% 17.5% 17% 17.1% 17.1% 12.1%
ROA (Net income/ Total Assets) 7.36% 11.7% 12.3% 11.3% 12.2% 6.34%
Assets 1 526.2 444.1 491.8 610.7 619.3 897.3
Book Value Per Share 2 272.0 324.0 385.0 424.0 459.0 484.0
Cash Flow per Share 2 26.60 119.0 104.0 160.0 106.0 62.70
Capex - - - - 129 118
Capex / Sales - - - - 18.29% 14.63%
Announcement Date 3/26/19 3/30/20 4/15/21 4/26/22 4/25/23 4/30/24
1MAD in Million2MAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. PRO Stock
  4. Financials Societe de Promotion Pharmaceutique du Maghreb S.A.