View ValuationLafargeHolcim Maroc 향후 성장Future 기준 점검 2/6LafargeHolcim Maroc (는) 각각 연간 12.3% 및 10.1% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 12.3% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 24% 로 예상됩니다.핵심 정보12.3%이익 성장률12.29%EPS 성장률Basic Materials 이익 성장13.1%매출 성장률10.1%향후 자기자본이익률24.00%애널리스트 커버리지Low마지막 업데이트29 May 2026최근 향후 성장 업데이트Price 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.모든 업데이트 보기Recent updatesUpcoming Dividend • Jun 05Upcoming dividend of د.م96.00 per shareEligible shareholders must have bought the stock before 12 June 2026. Payment date: 24 June 2026. The company is paying out more than 100% of its profits and is paying out 98% of its cash flow. Trailing yield: 5.2%. Within top quartile of Moroccan dividend payers (4.6%). Higher than average of industry peers (3.7%).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.공시 • 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.공시 • 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.공시 • 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.이익 및 매출 성장 예측CBSE:LHM - 애널리스트 향후 추정치 및 과거 재무 데이터 (MAD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202812,1253,120N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: LHM 의 연간 예상 수익 증가율(12.3%)이 saving rate(15.1%) 미만입니다.수익 vs 시장: LHM 의 연간 수익(12.3%)이 MA 시장(11%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: LHM 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: LHM 의 수익(연간 10.1%)이 MA 시장(연간 10.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: LHM 의 수익(연간 10.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: LHM의 자본 수익률은 3년 후 24%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/09 09:26종가2026/06/09 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 소스LafargeHolcim Maroc S.A.는 5명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Fadwa AouiniAlphaMenaDounia FilaliBmce Capital BourseMehdi AlaouiCFG Marches2명의 분석가 더 보기
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.
Upcoming Dividend • Jun 05Upcoming dividend of د.م96.00 per shareEligible shareholders must have bought the stock before 12 June 2026. Payment date: 24 June 2026. The company is paying out more than 100% of its profits and is paying out 98% of its cash flow. Trailing yield: 5.2%. Within top quartile of Moroccan dividend payers (4.6%). Higher than average of industry peers (3.7%).
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.
공시 • 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.
공시 • 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.
공시 • 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.