Financials SONASID S.A.

Equities

SID

MA0000010019

Iron & Steel

End-of-day quote Casablanca S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
865 MAD +1.65% Intraday chart for SONASID S.A. +3.95% +31.06%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 975 1,170 2,398 2,028 2,574 3,374 - -
Enterprise Value (EV) 1 471.8 427.4 1,534 1,285 2,574 3,010 3,038 3,374
P/E ratio -23.6 x -41.7 x 22.3 x 23.6 x 39.5 x 31.8 x 30.8 x -
Yield - - 6.18% 5.77% - 2.89% 3.06% 3.47%
Capitalization / Revenue 0.27 x 0.37 x 0.53 x 0.41 x 0.52 x 0.64 x 0.62 x 0.58 x
EV / Revenue 0.13 x 0.14 x 0.34 x 0.26 x 0.52 x 0.57 x 0.56 x 0.58 x
EV / EBITDA 3.7 x 3.19 x 4.51 x 4.04 x 10.2 x 9.68 x 8.27 x -
EV / FCF - 1.74 x 9.92 x 33.3 x - -14.2 x 27.4 x -
FCF Yield - 57.6% 10.1% 3.01% - -7.04% 3.65% -
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 3,900 3,900 3,900 3,900 3,900 3,900 - -
Reference price 2 250.0 300.0 615.0 520.0 660.0 865.0 865.0 865.0
Announcement Date 3/31/20 5/3/21 5/5/22 5/2/23 3/22/24 - - -
1MAD in Million2MAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,622 3,153 4,494 4,888 4,996 5,271 5,435 5,838
EBITDA 1 127.4 134.1 339.9 318.5 253.6 311 367.5 -
EBIT 1 22.26 -21.86 166.7 162.8 116.9 143 180 -
Operating Margin 0.61% -0.69% 3.71% 3.33% 2.34% 2.71% 3.31% -
Earnings before Tax (EBT) 1 - -30.62 163.7 - 93.06 125 168 -
Net income 1 -41.36 -28.05 107.8 85.93 65.08 85.5 109.5 116
Net margin -1.14% -0.89% 2.4% 1.76% 1.3% 1.62% 2.01% 1.99%
EPS 2 -10.61 -7.190 27.63 22.03 16.69 27.20 28.05 -
Free Cash Flow 1 - 246.1 154.7 38.66 - -212 111 -
FCF margin - 7.81% 3.44% 0.79% - -4.02% 2.04% -
FCF Conversion (EBITDA) - 183.5% 45.51% 12.14% - - 30.2% -
FCF Conversion (Net income) - - 143.53% 44.99% - - 101.37% -
Dividend per Share 2 - - 38.00 30.00 - 25.00 26.50 30.00
Announcement Date 3/31/20 5/3/21 5/5/22 5/2/23 3/22/24 - - -
1MAD in Million2MAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 503 743 864 743 - 364 335 -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 246 155 38.7 - -212 111 -
ROE (net income / shareholders' equity) -2.18% -1.53% 5.82% 4.6% - 4.71% 5.98% 6.33%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 - 138 96.5 147 - 255 252 -
Capex / Sales - 4.38% 2.15% 3.02% - 4.84% 4.64% -
Announcement Date 3/31/20 5/3/21 5/5/22 5/2/23 3/22/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
865 MAD
Average target price
647.5 MAD
Spread / Average Target
-25.14%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
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  4. Financials SONASID S.A.
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