View ValuationLafargeHolcim Maroc 将来の成長Future 基準チェック /26LafargeHolcim Maroc利益と収益がそれぞれ年間12.3%と10.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に24% 12.3%なると予測されています。主要情報12.3%収益成長率12.29%EPS成長率Basic Materials 収益成長13.1%収益成長率10.1%将来の株主資本利益率24.00%アナリストカバレッジLow最終更新日05 May 2026今後の成長に関する最新情報Price Target Changed • May 06Price target increased by 25% to د.م2,330Up from د.م1,864, the current price target is provided by 1 analyst. New target price is 25% above last closing price of د.م1,859. Stock is down 4.0% over the past year. The company is forecast to post earnings per share of د.م87.55 for next year compared to د.م78.29 last year.Price Target Changed • Oct 15Price target increased by 11% to د.م1,795Up from د.م1,624, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of د.م1,800. Stock is down 3.5% over the past year. The company is forecast to post earnings per share of د.م78.05 for next year compared to د.م66.37 last year.Price Target Changed • Jul 12Price target increased by 15% to د.م1,624Up from د.م1,418, the current price target is provided by 1 analyst. New target price is 15% below last closing price of د.م1,900. Stock is up 9.8% over the past year. The company is forecast to post earnings per share of د.م78.55 for next year compared to د.م66.37 last year.Price Target Changed • Jul 11Price target decreased by 10% to د.م1,385Down from د.م1,544, the current price target is an average from 3 analysts. New target price is 23% below last closing price of د.م1,795. Stock is up 9.5% over the past year. The company is forecast to post earnings per share of د.م71.65 for next year compared to د.م59.68 last year.Major Estimate Revision • May 10Consensus revenue estimates fall by 20%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from د.م9.64b to د.م7.76b. EPS estimate fell from د.م101 to د.م62.60 per share. Net income forecast to grow 7.5% next year vs 31% growth forecast for Basic Materials industry in Morocco. Consensus price target down from د.م1,481 to د.م1,437. Share price fell 2.5% to د.م1,481 over the past week.Price Target Changed • Feb 24Price target decreased by 7.7% to د.م1,638Down from د.م1,774, the current price target is provided by 1 analyst. New target price is 17% above last closing price of د.م1,400. Stock is down 32% over the past year. The company is forecast to post earnings per share of د.م95.90 for next year compared to د.م86.21 last year.すべての更新を表示Recent updatesNew Risk • May 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 98% Dividend yield: 5.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • May 06Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: د.م92.90 (up from د.م78.29 in FY 2024). Revenue: د.م8.94b (up 9.6% from FY 2024). Net income: د.م2.17b (up 19% from FY 2024). Profit margin: 24% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Price Target Changed • May 06Price target increased by 25% to د.م2,330Up from د.م1,864, the current price target is provided by 1 analyst. New target price is 25% above last closing price of د.م1,859. Stock is down 4.0% over the past year. The company is forecast to post earnings per share of د.م87.55 for next year compared to د.م78.29 last year.Declared Dividend • Apr 23Dividend increased to د.م96.00Dividend of د.م96.00 is 37% higher than last year. Ex-date: 15th June 2026 Payment date: 24th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 2.5%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 22+ 1 more updateLafargeHolcim Maroc S.A., Annual General Meeting, May 22, 2026LafargeHolcim Maroc S.A., Annual General Meeting, May 22, 2026. Location: casablanca MoroccoNew Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to د.م1,500, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Basic Materials industry in Africa. Total returns to shareholders of 21% over the past three years.New Risk • Oct 05New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 47% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Jun 06Upcoming dividend of د.م70.00 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 24 June 2025. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Moroccan dividend payers (4.1%). Lower than average of industry peers (4.1%).Reported Earnings • May 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: د.م78.30 (up from د.م66.37 in FY 2023). Revenue: د.م8.15b (flat on FY 2023). Net income: د.م1.83b (up 18% from FY 2023). Profit margin: 22% (up from 19% in FY 2023). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 7.6%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.Declared Dividend • Apr 28Dividend increased to د.م70.00Dividend of د.م70.00 is 6.1% higher than last year. Ex-date: 13th June 2025 Payment date: 24th June 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.5%. Sustainability & Growth The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.お知らせ • Apr 21LafargeHolcim Maroc S.A., Annual General Meeting, May 21, 2025LafargeHolcim Maroc S.A., Annual General Meeting, May 21, 2025.New Risk • Apr 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Price Target Changed • Oct 15Price target increased by 11% to د.م1,795Up from د.م1,624, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of د.م1,800. Stock is down 3.5% over the past year. The company is forecast to post earnings per share of د.م78.05 for next year compared to د.م66.37 last year.New Risk • Oct 15New major risk - Revenue and earnings growthEarnings have declined by 1.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Cash payout ratio: 371% Earnings have declined by 1.2% per year over the past 5 years.Price Target Changed • Jul 12Price target increased by 15% to د.م1,624Up from د.م1,418, the current price target is provided by 1 analyst. New target price is 15% below last closing price of د.م1,900. Stock is up 9.8% over the past year. The company is forecast to post earnings per share of د.م78.55 for next year compared to د.م66.37 last year.お知らせ • May 05LafargeHolcim Maroc S.A., Annual General Meeting, May 23, 2024LafargeHolcim Maroc S.A., Annual General Meeting, May 23, 2024. Agenda: To consider Approval of accounts; and to consider Allocation of results.New Risk • Apr 26New major risk - Revenue and earnings growthEarnings have declined by 0.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.3% per year over the past 5 years. Minor Risks High level of debt (43% net debt to equity). Dividend is not well covered by earnings (106% payout ratio).Reported Earnings • Apr 25Full year 2023 earnings released: EPS: د.م66.40 (vs د.م59.68 in FY 2022)Full year 2023 results: EPS: د.م66.40 (up from د.م59.68 in FY 2022). Revenue: د.م8.21b (up 2.8% from FY 2022). Net income: د.م1.55b (up 11% from FY 2022). Profit margin: 19% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.New Risk • Apr 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Price Target Changed • Jul 11Price target decreased by 10% to د.م1,385Down from د.م1,544, the current price target is an average from 3 analysts. New target price is 23% below last closing price of د.م1,795. Stock is up 9.5% over the past year. The company is forecast to post earnings per share of د.م71.65 for next year compared to د.م59.68 last year.Upcoming Dividend • Jul 09Upcoming dividend of د.م66.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 27 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Lower than top quartile of Moroccan dividend payers (4.4%). Lower than average of industry peers (4.9%).Major Estimate Revision • May 10Consensus revenue estimates fall by 20%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from د.م9.64b to د.م7.76b. EPS estimate fell from د.م101 to د.م62.60 per share. Net income forecast to grow 7.5% next year vs 31% growth forecast for Basic Materials industry in Morocco. Consensus price target down from د.م1,481 to د.م1,437. Share price fell 2.5% to د.م1,481 over the past week.Price Target Changed • Feb 24Price target decreased by 7.7% to د.م1,638Down from د.م1,774, the current price target is provided by 1 analyst. New target price is 17% above last closing price of د.م1,400. Stock is down 32% over the past year. The company is forecast to post earnings per share of د.م95.90 for next year compared to د.م86.21 last year.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to د.م1,415, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Basic Materials industry in Africa. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at د.م824 per share.Upcoming Dividend • May 25Upcoming dividend of د.م66.00 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 10 June 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Moroccan dividend payers (4.3%). Lower than average of industry peers (5.7%).Price Target Changed • Feb 15Price target increased to د.م1,886Up from د.م1,756, the current price target is an average from 3 analysts. New target price is 16% below last closing price of د.م2,255. Stock is up 38% over the past year. The company is forecast to post earnings per share of د.م82.35 for next year compared to د.م63.99 last year.Reported Earnings • Oct 01First half 2021 earnings released: EPS د.م44.54 (vs د.م18.48 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: د.م4.00b (up 26% from 1H 2020). Net income: د.م1.04b (up 141% from 1H 2020). Profit margin: 26% (up from 14% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Price Target Changed • Apr 09Price target increased to د.م1,733Up from د.م1,597, the current price target is an average from 2 analysts. New target price is 5.4% above last closing price of د.م1,644. Stock is up 38% over the past year.Is New 90 Day High Low • Jan 27New 90-day high: د.م1,680The company is up 14% from its price of د.م1,470 on 28 October 2020. The Moroccan market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 46% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م801 per share.Is New 90 Day High Low • Dec 10New 90-day high: د.م1,580The company is up 15% from its price of د.م1,376 on 09 September 2020. The Moroccan market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م672 per share.Is New 90 Day High Low • Nov 11New 90-day high: د.م1,485The company is up 5.0% from its price of د.م1,414 on 13 August 2020. The Moroccan market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م650 per share.Is New 90 Day High Low • Oct 15New 90-day high: د.م1,430The company is up 2.0% from its price of د.م1,408 on 16 July 2020. The Moroccan market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م468 per share.Reported Earnings • Oct 03First half earnings releasedOver the last 12 months the company has reported total profits of د.م1.17b, down 30% from the prior year. Total revenue was د.م7.14b over the last 12 months, down 9.5% from the prior year.Is New 90 Day High Low • Sep 28New 90-day low: د.م1,331The company is down 1.0% from its price of د.م1,350 on 30 June 2020. The Moroccan market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Basic Materials industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م422 per share.業績と収益の成長予測CBSE:LHM - アナリストの将来予測と過去の財務データ ( )MAD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202812,1253,120N/AN/A112/31/202710,9712,7382,6443,321112/31/20269,9212,4012,3223,025112/31/20258,9362,1662,2882,817N/A9/30/20258,7802,0762,3422,822N/A6/30/20258,6231,9872,3962,827N/A3/31/20258,3891,9062,3742,783N/A12/31/20248,1551,8262,3522,739N/A9/30/20247,9641,6521,3841,750N/A6/30/20247,7731,478415762N/A3/31/20247,9931,5131,2511,608N/A12/31/20238,2121,5482,0872,455N/A9/30/20238,1611,5032,6333,076N/A6/30/20238,1101,4593,1783,698N/A3/31/20238,0481,4252,1162,681N/A12/31/20227,9851,3921,0541,664N/A9/30/20228,0921,5611,1301,849N/A6/30/20228,1991,7311,2072,034N/A3/31/20228,1971,8711,6872,563N/A12/31/20218,1952,0102,1673,093N/A9/30/20217,9952,0551,9772,721N/A6/30/20217,7952,1001,7882,349N/A3/31/20217,3881,7961,6642,179N/A12/31/20206,9801,4921,5392,010N/A9/30/20207,0621,3291,7562,535N/A6/30/20207,1441,1661,9723,060N/A3/31/20207,5001,4331,7843,015N/A12/31/20197,8551,7011,5962,969N/A9/30/20197,8751,681N/A2,787N/A6/30/20197,8941,661N/A2,605N/A3/31/20197,8911,622N/A2,649N/A12/31/20187,8871,584N/A2,694N/A9/30/20187,9661,717N/A2,640N/A6/30/20188,0441,850N/A2,585N/A3/31/20188,0641,889N/A2,167N/A12/31/20178,0831,927N/A1,748N/A9/30/20177,9261,861N/A1,629N/A6/30/20177,7691,795N/A1,510N/A3/31/20177,2181,715N/A1,781N/A12/31/20166,6681,634N/A2,051N/A9/30/20166,0071,545N/A2,006N/A6/30/20165,3461,455N/A1,961N/A3/31/20165,2671,427N/A1,821N/A12/31/20155,1881,399N/A1,680N/A9/30/20155,1131,376N/A1,628N/A6/30/20155,0391,354N/A1,576N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: LHMの予測収益成長率 (年間12.3% ) は 貯蓄率 ( 15.1% ) を下回っています。収益対市場: LHMの収益 ( 12.3% ) はMA市場 ( 11.1% ) よりも速いペースで成長すると予測されています。高成長収益: LHMの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: LHMの収益 ( 10.1% ) MA市場 ( 10.5% ) よりも低い成長が予測されています。高い収益成長: LHMの収益 ( 10.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: LHMの 自己資本利益率 は、3年後には高くなると予測されています ( 24 %)成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 13:49終値2026/05/21 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋LafargeHolcim Maroc S.A. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Fadwa AouiniAlphaMenaDounia FilaliBmce Capital BourseMehdi AlaouiCFG Marches2 その他のアナリストを表示
Price Target Changed • May 06Price target increased by 25% to د.م2,330Up from د.م1,864, the current price target is provided by 1 analyst. New target price is 25% above last closing price of د.م1,859. Stock is down 4.0% over the past year. The company is forecast to post earnings per share of د.م87.55 for next year compared to د.م78.29 last year.
Price Target Changed • Oct 15Price target increased by 11% to د.م1,795Up from د.م1,624, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of د.م1,800. Stock is down 3.5% over the past year. The company is forecast to post earnings per share of د.م78.05 for next year compared to د.م66.37 last year.
Price Target Changed • Jul 12Price target increased by 15% to د.م1,624Up from د.م1,418, the current price target is provided by 1 analyst. New target price is 15% below last closing price of د.م1,900. Stock is up 9.8% over the past year. The company is forecast to post earnings per share of د.م78.55 for next year compared to د.م66.37 last year.
Price Target Changed • Jul 11Price target decreased by 10% to د.م1,385Down from د.م1,544, the current price target is an average from 3 analysts. New target price is 23% below last closing price of د.م1,795. Stock is up 9.5% over the past year. The company is forecast to post earnings per share of د.م71.65 for next year compared to د.م59.68 last year.
Major Estimate Revision • May 10Consensus revenue estimates fall by 20%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from د.م9.64b to د.م7.76b. EPS estimate fell from د.م101 to د.م62.60 per share. Net income forecast to grow 7.5% next year vs 31% growth forecast for Basic Materials industry in Morocco. Consensus price target down from د.م1,481 to د.م1,437. Share price fell 2.5% to د.م1,481 over the past week.
Price Target Changed • Feb 24Price target decreased by 7.7% to د.م1,638Down from د.م1,774, the current price target is provided by 1 analyst. New target price is 17% above last closing price of د.م1,400. Stock is down 32% over the past year. The company is forecast to post earnings per share of د.م95.90 for next year compared to د.م86.21 last year.
New Risk • May 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 98% Dividend yield: 5.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • May 06Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: د.م92.90 (up from د.م78.29 in FY 2024). Revenue: د.م8.94b (up 9.6% from FY 2024). Net income: د.م2.17b (up 19% from FY 2024). Profit margin: 24% (up from 22% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.1%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Price Target Changed • May 06Price target increased by 25% to د.م2,330Up from د.م1,864, the current price target is provided by 1 analyst. New target price is 25% above last closing price of د.م1,859. Stock is down 4.0% over the past year. The company is forecast to post earnings per share of د.م87.55 for next year compared to د.م78.29 last year.
Declared Dividend • Apr 23Dividend increased to د.م96.00Dividend of د.م96.00 is 37% higher than last year. Ex-date: 15th June 2026 Payment date: 24th June 2026 Dividend yield will be 5.1%, which is higher than the industry average of 2.5%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 22+ 1 more updateLafargeHolcim Maroc S.A., Annual General Meeting, May 22, 2026LafargeHolcim Maroc S.A., Annual General Meeting, May 22, 2026. Location: casablanca Morocco
New Risk • Apr 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to د.م1,500, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 11x in the Basic Materials industry in Africa. Total returns to shareholders of 21% over the past three years.
New Risk • Oct 05New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 47% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (47% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Jun 06Upcoming dividend of د.م70.00 per shareEligible shareholders must have bought the stock before 13 June 2025. Payment date: 24 June 2025. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Moroccan dividend payers (4.1%). Lower than average of industry peers (4.1%).
Reported Earnings • May 06Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: د.م78.30 (up from د.م66.37 in FY 2023). Revenue: د.م8.15b (flat on FY 2023). Net income: د.م1.83b (up 18% from FY 2023). Profit margin: 22% (up from 19% in FY 2023). Revenue exceeded analyst estimates by 4.0%. Earnings per share (EPS) also surpassed analyst estimates by 7.6%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
Declared Dividend • Apr 28Dividend increased to د.م70.00Dividend of د.م70.00 is 6.1% higher than last year. Ex-date: 13th June 2025 Payment date: 24th June 2025 Dividend yield will be 3.7%, which is higher than the industry average of 2.5%. Sustainability & Growth The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 16% to bring the payout ratio under control. EPS is expected to grow by 44% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
お知らせ • Apr 21LafargeHolcim Maroc S.A., Annual General Meeting, May 21, 2025LafargeHolcim Maroc S.A., Annual General Meeting, May 21, 2025.
New Risk • Apr 15New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Price Target Changed • Oct 15Price target increased by 11% to د.م1,795Up from د.م1,624, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of د.م1,800. Stock is down 3.5% over the past year. The company is forecast to post earnings per share of د.م78.05 for next year compared to د.م66.37 last year.
New Risk • Oct 15New major risk - Revenue and earnings growthEarnings have declined by 1.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 104% Cash payout ratio: 371% Earnings have declined by 1.2% per year over the past 5 years.
Price Target Changed • Jul 12Price target increased by 15% to د.م1,624Up from د.م1,418, the current price target is provided by 1 analyst. New target price is 15% below last closing price of د.م1,900. Stock is up 9.8% over the past year. The company is forecast to post earnings per share of د.م78.55 for next year compared to د.م66.37 last year.
お知らせ • May 05LafargeHolcim Maroc S.A., Annual General Meeting, May 23, 2024LafargeHolcim Maroc S.A., Annual General Meeting, May 23, 2024. Agenda: To consider Approval of accounts; and to consider Allocation of results.
New Risk • Apr 26New major risk - Revenue and earnings growthEarnings have declined by 0.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.3% per year over the past 5 years. Minor Risks High level of debt (43% net debt to equity). Dividend is not well covered by earnings (106% payout ratio).
Reported Earnings • Apr 25Full year 2023 earnings released: EPS: د.م66.40 (vs د.م59.68 in FY 2022)Full year 2023 results: EPS: د.م66.40 (up from د.م59.68 in FY 2022). Revenue: د.م8.21b (up 2.8% from FY 2022). Net income: د.م1.55b (up 11% from FY 2022). Profit margin: 19% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Basic Materials industry in Africa. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
New Risk • Apr 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Price Target Changed • Jul 11Price target decreased by 10% to د.م1,385Down from د.م1,544, the current price target is an average from 3 analysts. New target price is 23% below last closing price of د.م1,795. Stock is up 9.5% over the past year. The company is forecast to post earnings per share of د.م71.65 for next year compared to د.م59.68 last year.
Upcoming Dividend • Jul 09Upcoming dividend of د.م66.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 13 July 2023. Payment date: 27 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Lower than top quartile of Moroccan dividend payers (4.4%). Lower than average of industry peers (4.9%).
Major Estimate Revision • May 10Consensus revenue estimates fall by 20%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from د.م9.64b to د.م7.76b. EPS estimate fell from د.م101 to د.م62.60 per share. Net income forecast to grow 7.5% next year vs 31% growth forecast for Basic Materials industry in Morocco. Consensus price target down from د.م1,481 to د.م1,437. Share price fell 2.5% to د.م1,481 over the past week.
Price Target Changed • Feb 24Price target decreased by 7.7% to د.م1,638Down from د.م1,774, the current price target is provided by 1 analyst. New target price is 17% above last closing price of د.م1,400. Stock is down 32% over the past year. The company is forecast to post earnings per share of د.م95.90 for next year compared to د.م86.21 last year.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improved over the past weekAfter last week's 18% share price gain to د.م1,415, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Basic Materials industry in Africa. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at د.م824 per share.
Upcoming Dividend • May 25Upcoming dividend of د.م66.00 per shareEligible shareholders must have bought the stock before 01 June 2022. Payment date: 10 June 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Moroccan dividend payers (4.3%). Lower than average of industry peers (5.7%).
Price Target Changed • Feb 15Price target increased to د.م1,886Up from د.م1,756, the current price target is an average from 3 analysts. New target price is 16% below last closing price of د.م2,255. Stock is up 38% over the past year. The company is forecast to post earnings per share of د.م82.35 for next year compared to د.م63.99 last year.
Reported Earnings • Oct 01First half 2021 earnings released: EPS د.م44.54 (vs د.م18.48 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: د.م4.00b (up 26% from 1H 2020). Net income: د.م1.04b (up 141% from 1H 2020). Profit margin: 26% (up from 14% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Price Target Changed • Apr 09Price target increased to د.م1,733Up from د.م1,597, the current price target is an average from 2 analysts. New target price is 5.4% above last closing price of د.م1,644. Stock is up 38% over the past year.
Is New 90 Day High Low • Jan 27New 90-day high: د.م1,680The company is up 14% from its price of د.م1,470 on 28 October 2020. The Moroccan market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 46% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م801 per share.
Is New 90 Day High Low • Dec 10New 90-day high: د.م1,580The company is up 15% from its price of د.م1,376 on 09 September 2020. The Moroccan market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م672 per share.
Is New 90 Day High Low • Nov 11New 90-day high: د.م1,485The company is up 5.0% from its price of د.م1,414 on 13 August 2020. The Moroccan market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م650 per share.
Is New 90 Day High Low • Oct 15New 90-day high: د.م1,430The company is up 2.0% from its price of د.م1,408 on 16 July 2020. The Moroccan market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م468 per share.
Reported Earnings • Oct 03First half earnings releasedOver the last 12 months the company has reported total profits of د.م1.17b, down 30% from the prior year. Total revenue was د.م7.14b over the last 12 months, down 9.5% from the prior year.
Is New 90 Day High Low • Sep 28New 90-day low: د.م1,331The company is down 1.0% from its price of د.م1,350 on 30 June 2020. The Moroccan market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Basic Materials industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is د.م422 per share.