お知らせ • Jun 10
Société de Distribution d'Eau de la Côte d'Ivoire, S.A., Annual General Meeting, Jun 30, 2026 Société de Distribution d'Eau de la Côte d'Ivoire, S.A., Annual General Meeting, Jun 30, 2026. Location: espace crystal, abidjan zone 4c, abidjan Ivory Coast Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to XOF11,200, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 16x in the Water Utilities industry globally. Total returns to shareholders of 178% over the past three years. Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (9 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. お知らせ • Aug 23
Société de Distribution d'Eau de la Côte d'Ivoire, S.A. announces Annual dividend, payable on September 30, 2025 Société de Distribution d'Eau de la Côte d'Ivoire, S.A. announced Annual dividend of XOF 400.0000 per share payable on September 30, 2025, ex-date on September 26, 2025 and record date on September 30, 2025. お知らせ • May 28
Société de Distribution d'Eau de la Côte d'Ivoire, S.A., Annual General Meeting, Jun 26, 2025 Société de Distribution d'Eau de la Côte d'Ivoire, S.A., Annual General Meeting, Jun 26, 2025. Location: 1 avenue christiani treichville, abidjan Ivory Coast Reported Earnings • Nov 04
First half 2024 earnings released First half 2024 results: Revenue: XOF82.6b (up 11% from 1H 2023). Net income: XOF1.78b (up 5.8% from 1H 2023). Profit margin: 2.2% (down from 2.3% in 1H 2023). The decrease in margin was driven by higher expenses. Upcoming Dividend • Sep 16
Upcoming dividend of XOF482 per share Eligible shareholders must have bought the stock before 23 September 2024. Payment date: 25 September 2024. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 9.0%. Lower than top quartile of Ivorian dividend payers (11%). Higher than average of industry peers (3.5%). お知らせ • Jun 10
Société de Distribution d'Eau de la Côte d'Ivoire, S.A., Annual General Meeting, Jun 27, 2024 Société de Distribution d'Eau de la Côte d'Ivoire, S.A., Annual General Meeting, Jun 27, 2024. Location: abidjan Ivory Coast Reported Earnings • May 02
Full year 2023 earnings released: EPS: XOF684 (vs XOF600 in FY 2022) Full year 2023 results: EPS: XOF684 (up from XOF600 in FY 2022). Revenue: XOF179.0b (up 9.2% from FY 2022). Net income: XOF6.15b (up 14% from FY 2022). Profit margin: 3.4% (up from 3.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Apr 08
Now 25% overvalued Over the last 90 days, the stock has fallen 4.4% to XOF4,495. The fair value is estimated to be XOF3,589, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Mar 11
Now 25% overvalued Over the last 90 days, the stock has fallen 4.4% to XOF4,490. The fair value is estimated to be XOF3,589, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Feb 16
Now 25% overvalued The stock has been flat over the last 90 days, currently trading at XOF4,500. The fair value is estimated to be XOF3,589, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years, while earnings per share has been flat. New Risk • Nov 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 3.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (304% net debt to equity). Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (XOF38.7b market cap, or US$64.2m). Reported Earnings • Oct 28
First half 2023 earnings released First half 2023 results: EPS: XOF187. Revenue: XOF74.1b (down 1.9% from 1H 2022). Net income: XOF1.68b (down 33% from 1H 2022). Profit margin: 2.3% (down from 3.3% in 1H 2022). Upcoming Dividend • Sep 06
Upcoming dividend of XOF450 per share at 9.3% yield Eligible shareholders must have bought the stock before 13 September 2023. Payment date: 15 September 2023. Trailing yield: 9.3%. Lower than top quartile of Ivorian dividend payers (10%). Higher than average of industry peers (3.5%). Board Change • Nov 17
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 27
Third quarter 2021 earnings released Third quarter 2021 results: EPS: XOF87.00. Revenue: XOF39.4b (up 15% from 3Q 2020). Net income: XOF783.0m (down 50% from 3Q 2020). Profit margin: 2.0% (down from 4.6% in 3Q 2020). The decrease in margin was driven by higher expenses. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. No independent directors (10 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 03
Second quarter 2021 earnings released: EPS XOF152 The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: XOF32.1b (up 1.0% from 2Q 2020). Net income: XOF1.37b (up 27% from 2Q 2020). Profit margin: 4.3% (up from 3.4% in 2Q 2020). Upcoming Dividend • Jul 16
Inaugural dividend of XOF338 per share Eligible shareholders must have bought the stock before 23 July 2021. Payment date: 27 July 2021. The company last paid an ordinary dividend in March 2019. The average dividend yield among industry peers is 2.9%. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to XOF3,710, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 16x in the Water Utilities industry globally. Total returns to shareholders of 25% over the past three years. Reported Earnings • Jun 11
First quarter 2021 earnings released: EPS XOF91.89 The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: XOF28.8b (up 4.4% from 1Q 2020). Net income: XOF827.0m (up 4.2% from 1Q 2020). Profit margin: 2.9% (in line with 1Q 2020). Valuation Update With 7 Day Price Move • May 29
Investor sentiment improved over the past week After last week's 18% share price gain to XOF3,900, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 16x in the Water Utilities industry globally. Total returns to shareholders of 39% over the past three years. Reported Earnings • May 22
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: XOF129.4b (up 32% from FY 2019). Net income: XOF4.60b (up 45% from FY 2019). Profit margin: 3.6% (up from 3.2% in FY 2019). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improved over the past week After last week's 20% share price gain to XOF3,650, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 18x in the Water Utilities industry globally. Total returns to shareholders of 17% over the past three years. Is New 90 Day High Low • Feb 23
New 90-day high: XOF3,050 The company is up 9.0% from its price of XOF2,800 on 25 November 2020. The Ivorian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Water Utilities industry, which is down 4.0% over the same period. Is New 90 Day High Low • Jan 30
New 90-day high: XOF3,000 The company is up 11% from its price of XOF2,700 on 30 October 2020. The Ivorian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Water Utilities industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 25
New 90-day low: XOF2,300 The company is down 23% from its price of XOF3,000 on 25 June 2020. The Ivorian market is down 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Water Utilities industry, which is flat over the same period.