Upcoming Dividend • Jul 06
Upcoming dividend of د.م20.00 per share Eligible shareholders must have bought the stock before 13 July 2026. Payment date: 22 July 2026. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of Moroccan dividend payers (4.7%). Lower than average of industry peers (1.1%). Declared Dividend • Jun 12
Dividend increased to د.م20.00 Dividend of د.م20.00 is 33% higher than last year. Ex-date: 13th July 2026 Payment date: 22nd July 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.9%. 공고 • Apr 22
Jet Contractors, Annual General Meeting, May 22, 2026 Jet Contractors, Annual General Meeting, May 22, 2026. Location: rabat Morocco New Risk • Apr 19
New minor risk - Financial data availability The 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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (37% accrual ratio). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). New Risk • Mar 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 4.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (37% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (4.9% average weekly change). Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to د.م2,153, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 41x in the Construction industry in Morocco. Total returns to shareholders of 971% over the past three years. Board Change • Feb 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director Mustafa Kheidri was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 25
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director Mustafa Kheidri was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 17
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (37% accrual ratio). New Risk • Aug 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (61% net debt to equity). Share price has been volatile over the past 3 months (6.1% average weekly change). 공고 • Jul 31
Jet Contractors announces Annual dividend, payable on July 29, 2025 Jet Contractors announced Annual dividend of MAD 15.0000 per share payable on July 29, 2025, ex-date on July 18, 2025 and record date on July 17, 2025. Upcoming Dividend • Jul 11
Upcoming dividend of €15.00 per share Eligible shareholders must have bought the stock before 18 July 2025. Payment date: 29 July 2025. Payout ratio is a comfortable 35% and the cash payout ratio is 94%. Trailing yield: 0.7%. Lower than top quartile of Moroccan dividend payers (4.1%). Lower than average of industry peers (1.9%). Board Change • Feb 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Bouthayna Houssaini was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Dec 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (7.5% average weekly change). Board Change • Dec 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Bouthayna Houssaini was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to د.م735, the stock trades at a trailing P/E ratio of 58.2x. Average trailing P/E is 11x in the Construction industry in Africa. Total returns to shareholders of 172% over the past three years. New Risk • Jul 30
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Interest payments are not well covered by earnings (2.1x net interest cover). Revenue has declined by 10% over the past year. Upcoming Dividend • Jul 02
Upcoming dividend of د.م7.00 per share Eligible shareholders must have bought the stock before 09 July 2024. Payment date: 18 July 2024. The company last paid an ordinary dividend in September 2013. The average dividend yield among industry peers is 3.0%. 공고 • May 05
Jet Contractors, Annual General Meeting, May 30, 2024 Jet Contractors, Annual General Meeting, May 30, 2024. Agenda: To consider Approval of accounts; to consider Assignment of results; to consider Renewal of mandates; to consider Change of corporate purpose; and to consider Status update. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to د.م444, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 24x in the Construction industry in Africa. Total returns to shareholders of 106% over the past three years. New Risk • Feb 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (5.1% average weekly change). New Risk • Feb 15
New minor risk - Financial data availability The 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: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to د.م299, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 10x in the Construction industry in Africa. Total returns to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to د.م265, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 7x in the Construction industry in Africa. Total returns to shareholders of 46% over the past three years. New Risk • Aug 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 4.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (4.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (د.م828.6m market cap, or US$82.5m). Reported Earnings • Apr 14
Full year 2022 earnings released Full year 2022 results: Revenue: د.م1.92b (up 14% from FY 2021). Net income: د.م24.8m (up 130% from FY 2021). Profit margin: 1.3% (up from 0.6% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Nov 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Bouthayna Houssaini was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 08
First half 2022 earnings released First half 2022 results: Revenue: د.م1.15b (up 54% from 1H 2021). Net income: د.م11.1m (up د.م44.4m from 1H 2021). Profit margin: 1.0% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Bouthayna Houssaini was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Jan 13
New 90-day high: د.م224 The company is up 23% from its price of د.م182 on 14 October 2020. The Moroccan market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 3.0% over the same period. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 16% share price gain to د.م210, the stock is trading at a trailing P/E ratio of 10.4x, up from the previous P/E ratio of 9x. This compares to an average P/E of 10x in the Construction industry in Africa. Total return to shareholders over the past three years is a loss of 41%. Is New 90 Day High Low • Dec 24
New 90-day high: د.م192 The company is up 9.0% from its price of د.م176 on 24 September 2020. The Moroccan market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 6.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: د.م187 The company is up 5.0% from its price of د.م178 on 19 August 2020. The Moroccan market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 27
New 90-day high: د.م186 The company is up 4.0% from its price of د.م179 on 29 July 2020. The Moroccan market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Construction industry, which is also up 4.0% over the same period.