View Future GrowthSonatel 과거 순이익 실적과거 기준 점검 3/6Sonatel은 연평균 14.1%의 비율로 수입이 증가해 온 반면, Telecom 산업은 수입이 14.1% 증가했습니다. 매출은 연평균 9.5%의 비율로 증가했습니다. Sonatel의 자기자본이익률은 29.6%이고 순이익률은 17.8%입니다.핵심 정보14.08%순이익 성장률13.84%주당순이익(EPS) 성장률Telecom 산업 성장률11.47%매출 성장률9.47%자기자본이익률29.56%순이익률17.78%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Aug 01First half 2024 earnings releasedFirst half 2024 results: Revenue: XOF877.7b (up 11% from 1H 2023). Net income: XOF160.0b (up 27% from 1H 2023). Profit margin: 18% (up from 16% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Africa.Reported Earnings • Feb 26Full year 2023 earnings releasedFull year 2023 results: Revenue: XOF1.62t (up 11% from FY 2022). Net income: XOF279.4b (up 18% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Telecom industry in Africa.Reported Earnings • Jul 25First half 2023 earnings releasedFirst half 2023 results: Revenue: XOF794.1b (up 11% from 1H 2022). Net income: XOF125.8b (up 15% from 1H 2022). Profit margin: 16% (in line with 1H 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Telecom industry in Africa.Reported Earnings • Apr 23Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: XOF2,360 (up from XOF2,111 in FY 2021). Revenue: XOF1.46t (up 9.0% from FY 2021). Net income: XOF236.0b (up 12% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Telecom industry in Africa. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 22First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down XOF118.9b from profit in 1H 2021). Profit margin: (down from 19% in 1H 2021).Reported Earnings • May 01Full year 2021 earnings released: EPS: XOF2,110 (vs XOF1,686 in FY 2020)Full year 2021 results: EPS: XOF2,110 (up from XOF1,686 in FY 2020). Revenue: XOF1.33t (up 11% from FY 2020). Net income: XOF211.1b (up 25% from FY 2020). Profit margin: 16% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.모든 업데이트 보기Recent updates공지 • Apr 01Sonatel SA, Annual General Meeting, Apr 16, 2026Sonatel SA, Annual General Meeting, Apr 16, 2026. Location: dakar Senegal공지 • Mar 31Sonatel SA announces Annual dividend, payable on May 26, 2026Sonatel SA announced Annual dividend of XOF 1933.0000 per share payable on May 26, 2026, ex-date on May 21, 2026 and record date on May 26, 2026.공지 • May 08Phase3 and Sonatel Launch Lagos-To-Dakar Terrestrial Fibre Route, Unlocking Resilience Across West AfricaIn a major leap for digital infrastructure across West Africa, Phase3 and Sonatel have activated a new terrestrial fibre route stretching 3,500km from Lagos, Nigeria, to Dakar, Senegal, delivering scalable, low-latency connectivity and unlocking critical cloud and content capacity across the region. This collaboration marks the next phase of Phase3's East-West fibre expansion, extending its Lagos-Accra corridor to reach Dakar, one of West Africa's key digital hubs. The result: a high-performance, land-based alternative to subsea systems, achieving latency as low as 32ms, and a much-needed layer of resilience for a region heavily impacted by the 2024 cable disruptions. By bridging networks through Benin, Togo, Ghana, and now through to Senegal, the new terrestrial path provides critical redundancy for Hyperscalers, content networks, financial institutions, governments, and cloud providers. It also expands the Djoliba network from Ghana into Nigeria, while laying groundwork for Ikasira, Sonatel's next-generation regional platform. The route is engineered for financial services, enterprise cloud workloads, public sector digitization, and media streaming, ensuring cross-border interoperability and local access to cloud zones like AWS Wavelength, hosted by Sonatel in Dakar. It also helps reduce exposure to future subsea outages, supporting national digital strategies across the region. The Phase 3-Sonatel route is a milestone in regional fibre collaboration, one that strengthens West Africa's digital core and connects it more securely to the world. Commercial availability and service packages are expected to be announced soon.공지 • Mar 26+ 1 more updateSonatel SA announces Annual dividend, payable on May 22, 2025Sonatel SA announced Annual dividend of XOF 1655.0000 per share payable on May 22, 2025, ex-date on May 20, 2025 and record date on May 22, 2025.Buy Or Sell Opportunity • Aug 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to XOF22,000. The fair value is estimated to be XOF18,171, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 7.5% in the next 2 years.Reported Earnings • Aug 01First half 2024 earnings releasedFirst half 2024 results: Revenue: XOF877.7b (up 11% from 1H 2023). Net income: XOF160.0b (up 27% from 1H 2023). Profit margin: 18% (up from 16% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Africa.Price Target Changed • May 10Price target increased by 7.4% to XOF21,708Up from XOF20,210, the current price target is provided by 1 analyst. New target price is 11% above last closing price of XOF19,500. Stock is up 18% over the past year.Upcoming Dividend • May 08Upcoming dividend of €1,750 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 17 May 2024. Trailing yield: 9.1%. Lower than top quartile of Ivorian dividend payers (11%). Higher than average of industry peers (6.0%).Reported Earnings • Feb 26Full year 2023 earnings releasedFull year 2023 results: Revenue: XOF1.62t (up 11% from FY 2022). Net income: XOF279.4b (up 18% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Telecom industry in Africa.Reported Earnings • Jul 25First half 2023 earnings releasedFirst half 2023 results: Revenue: XOF794.1b (up 11% from 1H 2022). Net income: XOF125.8b (up 15% from 1H 2022). Profit margin: 16% (in line with 1H 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Telecom industry in Africa.Upcoming Dividend • May 08Upcoming dividend of XOF1,667 per share at 10% yieldEligible shareholders must have bought the stock before 15 May 2023. Payment date: 17 May 2023. Trailing yield: 10%. Lower than top quartile of Ivorian dividend payers (11%). Higher than average of industry peers (5.7%).Reported Earnings • Apr 23Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: XOF2,360 (up from XOF2,111 in FY 2021). Revenue: XOF1.46t (up 9.0% from FY 2021). Net income: XOF236.0b (up 12% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Telecom industry in Africa. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 17Price target decreased to XOF19,851Down from XOF27,976, the current price target is provided by 1 analyst. New target price is 37% above last closing price of XOF14,500. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of XOF2,401 for next year compared to XOF2,111 last year.Board Change • Nov 17No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Director Francois Lat Collin was the last director to join the board, commencing their role in 2021. 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 • Jul 22First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down XOF118.9b from profit in 1H 2021). Profit margin: (down from 19% in 1H 2021).Upcoming Dividend • May 09Upcoming dividend of XOF1,556 per shareEligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 9.7%. Within top quartile of Ivorian dividend payers (9.0%). Higher than average of industry peers (5.2%).Reported Earnings • May 01Full year 2021 earnings released: EPS: XOF2,110 (vs XOF1,686 in FY 2020)Full year 2021 results: EPS: XOF2,110 (up from XOF1,686 in FY 2020). Revenue: XOF1.33t (up 11% from FY 2020). Net income: XOF211.1b (up 25% from FY 2020). Profit margin: 16% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 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 • Jul 21First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: XOF642.0b (up 9.3% from 1H 2020). Net income: XOF118.9b (up 32% from 1H 2020). Profit margin: 19% (up from 15% in 1H 2020). The increase in margin was driven by higher revenue.Upcoming Dividend • May 05Upcoming dividend of XOF1,361 per shareEligible shareholders must have bought the stock before 12 May 2021. Payment date: 17 May 2021. Trailing yield: 9.7%. Lower than top quartile of Ivorian dividend payers (11%). Higher than average of industry peers (4.4%).Is New 90 Day High Low • Jan 30New 90-day low: XOF11,000The company is down 4.0% from its price of XOF11,500 on 30 October 2020. The Ivorian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 4.0% over the same period.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to XOF13,865, the stock is trading at a trailing P/E ratio of 9x, up from the previous P/E ratio of 7.5x. This compares to an average P/E of 11x in the Telecom industry in Africa. Total return to shareholders over the past three years is a loss of 18%.Is New 90 Day High Low • Dec 17New 90-day high: XOF12,900The company is up 8.0% from its price of XOF11,895 on 18 September 2020. The Ivorian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 7.0% over the same period.Is New 90 Day High Low • Oct 27New 90-day low: XOF10,500The company is down 12% from its price of XOF11,950 on 29 July 2020. The Ivorian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 2.0% over the same period.Is New 90 Day High Low • Oct 03New 90-day low: XOF11,500The company is down 11% from its price of XOF12,900 on 03 July 2020. The Ivorian market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 5.0% over the same period.매출 및 비용 세부 내역Sonatel가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이BRVM:SNTS 매출, 비용 및 순이익 (XOF Millions)날짜매출순이익일반관리비연구개발비31 Dec 251,923,122341,96323,228030 Sep 251,891,051341,44522,951030 Jun 251,858,979340,92622,674031 Mar 251,817,711334,83822,674031 Dec 241,776,443328,75022,674030 Sep 241,740,358321,19622,798030 Jun 241,704,272313,64222,922031 Mar 241,662,487296,54522,922031 Dec 231,620,701279,44822,922030 Sep 231,578,255266,02622,160030 Jun 231,535,808252,6030031 Mar 231,495,429244,2890031 Dec 221,455,049235,97421,398030 Sep 221,430,652208,81530,961030 Jun 221,406,254221,1680031 Mar 221,370,564216,1110031 Dec 211,334,874211,05420,262030 Sep 211,297,828214,1670030 Jun 211,260,763197,5730031 Mar 211,233,425183,0800031 Dec 201,206,086168,5880030 Sep 201,235,954171,363-178,939030 Jun 201,183,224152,4400031 Mar 201,181,224152,8900031 Dec 191,179,224153,3400030 Sep 191,135,270146,493264,872030 Jun 191,059,623163,1187,074031 Mar 191,041,809167,7923,537031 Dec 181,098,698159,8330030 Sep 181,049,645163,369-85,932030 Jun 18999,738166,9050031 Mar 18988,666169,6790031 Dec 17977,593172,4540030 Sep 17965,519179,2830030 Jun 17953,446186,1110031 Mar 17931,179186,2210031 Dec 16908,913186,3310030 Sep 16892,579188,3400030 Jun 16876,244190,3480031 Mar 16871,480191,8040031 Dec 15866,716193,2590030 Sep 15858,339198,8740030 Jun 15849,963204,48900양질의 수익: SNTS는 고품질 수익을 보유하고 있습니다.이익 마진 증가: SNTS의 현재 순 이익률 (17.8%)은 지난해 (18.5%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: SNTS의 수익은 지난 5년 동안 연평균 14.1% 증가했습니다.성장 가속화: 지난 1년간 SNTS 의 수익 증가율(4%)은 5년 평균(연간 14.1%)보다 낮습니다.수익 대 산업: SNTS의 지난 1년 수익 증가율(4%)은 Telecom 업계 평균(5.8%)을 능가하지 못했습니다.자기자본이익률높은 ROE: SNTS의 자본 수익률(29.6%)은 높음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTelecom 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/06 18:53종가2026/05/06 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sonatel SA는 7명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Myriam ChaabouniAlphaMenaKais KriaaAlphaMenaZiad ItaniArqaam Capital Research Offshore S.A.L.4명의 분석가 더 보기
Reported Earnings • Aug 01First half 2024 earnings releasedFirst half 2024 results: Revenue: XOF877.7b (up 11% from 1H 2023). Net income: XOF160.0b (up 27% from 1H 2023). Profit margin: 18% (up from 16% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Africa.
Reported Earnings • Feb 26Full year 2023 earnings releasedFull year 2023 results: Revenue: XOF1.62t (up 11% from FY 2022). Net income: XOF279.4b (up 18% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Telecom industry in Africa.
Reported Earnings • Jul 25First half 2023 earnings releasedFirst half 2023 results: Revenue: XOF794.1b (up 11% from 1H 2022). Net income: XOF125.8b (up 15% from 1H 2022). Profit margin: 16% (in line with 1H 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Telecom industry in Africa.
Reported Earnings • Apr 23Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: XOF2,360 (up from XOF2,111 in FY 2021). Revenue: XOF1.46t (up 9.0% from FY 2021). Net income: XOF236.0b (up 12% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Telecom industry in Africa. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 22First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down XOF118.9b from profit in 1H 2021). Profit margin: (down from 19% in 1H 2021).
Reported Earnings • May 01Full year 2021 earnings released: EPS: XOF2,110 (vs XOF1,686 in FY 2020)Full year 2021 results: EPS: XOF2,110 (up from XOF1,686 in FY 2020). Revenue: XOF1.33t (up 11% from FY 2020). Net income: XOF211.1b (up 25% from FY 2020). Profit margin: 16% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공지 • Apr 01Sonatel SA, Annual General Meeting, Apr 16, 2026Sonatel SA, Annual General Meeting, Apr 16, 2026. Location: dakar Senegal
공지 • Mar 31Sonatel SA announces Annual dividend, payable on May 26, 2026Sonatel SA announced Annual dividend of XOF 1933.0000 per share payable on May 26, 2026, ex-date on May 21, 2026 and record date on May 26, 2026.
공지 • May 08Phase3 and Sonatel Launch Lagos-To-Dakar Terrestrial Fibre Route, Unlocking Resilience Across West AfricaIn a major leap for digital infrastructure across West Africa, Phase3 and Sonatel have activated a new terrestrial fibre route stretching 3,500km from Lagos, Nigeria, to Dakar, Senegal, delivering scalable, low-latency connectivity and unlocking critical cloud and content capacity across the region. This collaboration marks the next phase of Phase3's East-West fibre expansion, extending its Lagos-Accra corridor to reach Dakar, one of West Africa's key digital hubs. The result: a high-performance, land-based alternative to subsea systems, achieving latency as low as 32ms, and a much-needed layer of resilience for a region heavily impacted by the 2024 cable disruptions. By bridging networks through Benin, Togo, Ghana, and now through to Senegal, the new terrestrial path provides critical redundancy for Hyperscalers, content networks, financial institutions, governments, and cloud providers. It also expands the Djoliba network from Ghana into Nigeria, while laying groundwork for Ikasira, Sonatel's next-generation regional platform. The route is engineered for financial services, enterprise cloud workloads, public sector digitization, and media streaming, ensuring cross-border interoperability and local access to cloud zones like AWS Wavelength, hosted by Sonatel in Dakar. It also helps reduce exposure to future subsea outages, supporting national digital strategies across the region. The Phase 3-Sonatel route is a milestone in regional fibre collaboration, one that strengthens West Africa's digital core and connects it more securely to the world. Commercial availability and service packages are expected to be announced soon.
공지 • Mar 26+ 1 more updateSonatel SA announces Annual dividend, payable on May 22, 2025Sonatel SA announced Annual dividend of XOF 1655.0000 per share payable on May 22, 2025, ex-date on May 20, 2025 and record date on May 22, 2025.
Buy Or Sell Opportunity • Aug 09Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to XOF22,000. The fair value is estimated to be XOF18,171, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 7.5% in the next 2 years.
Reported Earnings • Aug 01First half 2024 earnings releasedFirst half 2024 results: Revenue: XOF877.7b (up 11% from 1H 2023). Net income: XOF160.0b (up 27% from 1H 2023). Profit margin: 18% (up from 16% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Africa.
Price Target Changed • May 10Price target increased by 7.4% to XOF21,708Up from XOF20,210, the current price target is provided by 1 analyst. New target price is 11% above last closing price of XOF19,500. Stock is up 18% over the past year.
Upcoming Dividend • May 08Upcoming dividend of €1,750 per shareEligible shareholders must have bought the stock before 15 May 2024. Payment date: 17 May 2024. Trailing yield: 9.1%. Lower than top quartile of Ivorian dividend payers (11%). Higher than average of industry peers (6.0%).
Reported Earnings • Feb 26Full year 2023 earnings releasedFull year 2023 results: Revenue: XOF1.62t (up 11% from FY 2022). Net income: XOF279.4b (up 18% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Telecom industry in Africa.
Reported Earnings • Jul 25First half 2023 earnings releasedFirst half 2023 results: Revenue: XOF794.1b (up 11% from 1H 2022). Net income: XOF125.8b (up 15% from 1H 2022). Profit margin: 16% (in line with 1H 2022). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Telecom industry in Africa.
Upcoming Dividend • May 08Upcoming dividend of XOF1,667 per share at 10% yieldEligible shareholders must have bought the stock before 15 May 2023. Payment date: 17 May 2023. Trailing yield: 10%. Lower than top quartile of Ivorian dividend payers (11%). Higher than average of industry peers (5.7%).
Reported Earnings • Apr 23Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: XOF2,360 (up from XOF2,111 in FY 2021). Revenue: XOF1.46t (up 9.0% from FY 2021). Net income: XOF236.0b (up 12% from FY 2021). Profit margin: 16% (in line with FY 2021). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 5.6%. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Telecom industry in Africa. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 17Price target decreased to XOF19,851Down from XOF27,976, the current price target is provided by 1 analyst. New target price is 37% above last closing price of XOF14,500. Stock is up 4.3% over the past year. The company is forecast to post earnings per share of XOF2,401 for next year compared to XOF2,111 last year.
Board Change • Nov 17No independent directorsThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. No independent directors (8 non-independent directors). Director Francois Lat Collin was the last director to join the board, commencing their role in 2021. 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 • Jul 22First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down XOF118.9b from profit in 1H 2021). Profit margin: (down from 19% in 1H 2021).
Upcoming Dividend • May 09Upcoming dividend of XOF1,556 per shareEligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 9.7%. Within top quartile of Ivorian dividend payers (9.0%). Higher than average of industry peers (5.2%).
Reported Earnings • May 01Full year 2021 earnings released: EPS: XOF2,110 (vs XOF1,686 in FY 2020)Full year 2021 results: EPS: XOF2,110 (up from XOF1,686 in FY 2020). Revenue: XOF1.33t (up 11% from FY 2020). Net income: XOF211.1b (up 25% from FY 2020). Profit margin: 16% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. No independent directors (8 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 • Jul 21First half 2021 earnings releasedThe company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: XOF642.0b (up 9.3% from 1H 2020). Net income: XOF118.9b (up 32% from 1H 2020). Profit margin: 19% (up from 15% in 1H 2020). The increase in margin was driven by higher revenue.
Upcoming Dividend • May 05Upcoming dividend of XOF1,361 per shareEligible shareholders must have bought the stock before 12 May 2021. Payment date: 17 May 2021. Trailing yield: 9.7%. Lower than top quartile of Ivorian dividend payers (11%). Higher than average of industry peers (4.4%).
Is New 90 Day High Low • Jan 30New 90-day low: XOF11,000The company is down 4.0% from its price of XOF11,500 on 30 October 2020. The Ivorian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 4.0% over the same period.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to XOF13,865, the stock is trading at a trailing P/E ratio of 9x, up from the previous P/E ratio of 7.5x. This compares to an average P/E of 11x in the Telecom industry in Africa. Total return to shareholders over the past three years is a loss of 18%.
Is New 90 Day High Low • Dec 17New 90-day high: XOF12,900The company is up 8.0% from its price of XOF11,895 on 18 September 2020. The Ivorian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Oct 27New 90-day low: XOF10,500The company is down 12% from its price of XOF11,950 on 29 July 2020. The Ivorian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Oct 03New 90-day low: XOF11,500The company is down 11% from its price of XOF12,900 on 03 July 2020. The Ivorian market is down 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 5.0% over the same period.