Financials Societe de Therapeutique Marocaine S.A.

Equities

SOT

MA0000012502

Pharmaceuticals

End-of-day quote Casablanca S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1,010 MAD 0.00% Intraday chart for Societe de Therapeutique Marocaine S.A. -0.10% +6.20%

Valuation

Fiscal Period: December 2018 2019 2020 2023 2024
Capitalization 1 2,950 2,918 3,600 7,272 7,272
Enterprise Value (EV) 1 3,117 2,918 3,889 6,847 7,272
P/E ratio 13.6 x 13.6 x 15.6 x 26.1 x 22 x
Yield 4.09% - 1.05% - -
Capitalization / Revenue 1,854,305 x - 1,989,042 x - -
EV / Revenue 1,854,306 x - 1,989,042 x - -
EV / EBITDA 10,803,428 x - 9,799,863 x - -
EV / FCF - - - - -
FCF Yield - - - - -
Price to Book 3.7 x - 4.25 x - -
Nbr of stocks (in thousands) 7,200 7,200 7,200 7,200 7,200
Reference price 2 409.8 405.2 500.0 1,010 1,010
Announcement Date 3/23/19 5/1/21 4/30/21 4/19/24 -
1MAD in Million2MAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2023 2024
Net sales 1,591 - 1,810 - -
EBITDA 273.1 - 367.4 - -
EBIT 266 - 366 - -
Operating Margin 16.72% - 20.22% - -
Earnings before Tax (EBT) - - - - -
Net income 217 - 238.2 - -
Net margin 13.64% - 13.16% - -
EPS 1 30.19 29.77 32.00 36.50 46.00
Free Cash Flow - - - - -
FCF margin - - - - -
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 16.75 - 5.250 - -
Announcement Date 3/23/19 5/1/21 4/30/21 4/19/24 -
1MAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 198 194 155 289 136 302
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 0.8418 x 0.7103 x - 0.6725 x 0.2657 x 0.5649 x
Free Cash Flow 1 46.8 57.4 102 40.2 339 67.6
ROE (net income / shareholders' equity) 22.9% 29.4% 25.4% 20.6% 22.3% 19.6%
ROA (Net income/ Total Assets) 11.3% 12.3% 13.6% 12.5% 13.8% 13.1%
Assets 1 1,325 1,766 1,571 1,835 2,014 2,032
Book Value Per Share 2 94.70 - 124.0 163.0 180.0 197.0
Cash Flow per Share 2 0.8500 - 4.240 3.570 12.20 6.240
Capex 1 59.6 48.3 31.4 59.2 62.6 70.1
Capex / Sales 4.21% 3.04% 1.84% 3.29% 3.04% 3.05%
Announcement Date 4/9/18 2/4/21 2/4/21 5/1/21 4/15/22 4/29/23
1MAD in Million2MAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
1,010
Average target price
-
Consensus

Annual profits - Rate of surprise

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