View Future GrowthMed Paper 과거 순이익 실적과거 기준 점검 2/6Med Paper은 연평균 27%의 비율로 수입이 증가해 온 반면, Forestry 산업은 수입이 17.6% 증가했습니다. 매출은 연평균 9.4%의 비율로 증가했습니다. Med Paper의 자기자본이익률은 16.3%이고 순이익률은 7.6%입니다.핵심 정보27.05%순이익 성장률40.83%주당순이익(EPS) 성장률Forestry 산업 성장률16.09%매출 성장률9.45%자기자본이익률16.32%순이익률7.59%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • May 04Full year 2023 earnings releasedFull year 2023 results: Revenue: د.م107.9m (down 20% from FY 2022). Net income: د.م5.75m (down 23% from FY 2022). Profit margin: 5.3% (down from 5.5% in FY 2022). The decrease in margin was driven by lower revenue.Reported Earnings • Oct 11First half 2022 earnings released: EPS: د.م1.56 (vs د.م1.42 loss in 1H 2021)First half 2022 results: EPS: د.م1.56 (up from د.م1.42 loss in 1H 2021). Revenue: د.م64.5m (up 95% from 1H 2021). Net income: د.م4.03m (up د.م7.69m from 1H 2021). Profit margin: 6.2% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.모든 업데이트 보기Recent updatesNew Risk • May 02New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. 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 December 2024 fiscal period end). Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (د.م123.9m market cap, or US$13.4m).New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 5.8% 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 Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (د.م113.1m market cap, or US$12.2m).Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to د.م21.50, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 9x in the Forestry industry in Africa. Total loss to shareholders of 15% over the past three years.Valuation Update With 7 Day Price Move • Sep 01Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to د.م29.97, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 9x in the Forestry industry in Africa. Total returns to shareholders of 8.8% over the past three years.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 26%After last week's 26% share price gain to د.م39.27, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 7x in the Forestry industry in Africa. Total returns to shareholders of 58% over the past three years.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to د.م31.50, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 7x in the Forestry industry in Africa. Total returns to shareholders of 31% over the past three years.Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to د.م25.27, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 7x in the Forestry industry in Africa. Total returns to shareholders of 8.5% over the past three years.New Risk • Jun 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 7.4% 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 Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (د.م109.9m market cap, or US$12.1m).New Risk • Oct 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: د.م98.1m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Market cap is less than US$10m (د.م98.1m market cap, or US$9.96m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 5.6% 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 Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (د.م127.2m market cap, or US$13.1m).Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to د.م22.00, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 17x in the Forestry industry in Africa. Total returns to shareholders of 47% over the past three years.공시 • May 31Med Paper S.A., Annual General Meeting, Jun 27, 2024Med Paper S.A., Annual General Meeting, Jun 27, 2024. Location: casablanca MoroccoReported Earnings • May 04Full year 2023 earnings releasedFull year 2023 results: Revenue: د.م107.9m (down 20% from FY 2022). Net income: د.م5.75m (down 23% from FY 2022). Profit margin: 5.3% (down from 5.5% in FY 2022). The decrease in margin was driven by lower revenue.New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 5.2% 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 (2.6x net interest cover). Market cap is less than US$10m (د.م96.6m market cap, or US$9.53m). 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 (5.2% average weekly change). Profit margins are more than 30% lower than last year (5.2% net profit margin).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: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Market cap is less than US$10m (د.م91.8m market cap, or US$9.17m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (5.2% net profit margin).New Risk • Dec 03New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: د.م100.5m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Market cap is less than US$10m (د.م100.5m market cap, or US$9.96m). Minor Risk Profit margins are more than 30% lower than last year (5.2% net profit margin).New Risk • Jun 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.5% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (5.5% net profit margin). Market cap is less than US$100m (د.م117.2m market cap, or US$11.6m).Reported Earnings • Oct 11First half 2022 earnings released: EPS: د.م1.56 (vs د.م1.42 loss in 1H 2021)First half 2022 results: EPS: د.م1.56 (up from د.م1.42 loss in 1H 2021). Revenue: د.م64.5m (up 95% from 1H 2021). Net income: د.م4.03m (up د.م7.69m from 1H 2021). Profit margin: 6.2% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to د.م32.80, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 10x in the Forestry industry globally. Total returns to shareholders of 24% over the past three years.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to د.م29.90, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 10x in the Forestry industry globally. Total returns to shareholders of 8.8% over the past three years.Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to د.م25.22, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 11x in the Forestry industry globally. Total returns to shareholders of 7.3% over the past three years.Is New 90 Day High Low • Feb 10New 90-day low: د.م13.52The company is down 5.0% from its price of د.م14.30 on 12 November 2020. The Moroccan market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 19% over the same period.Is New 90 Day High Low • Nov 20New 90-day high: د.م14.77The company is up 17% from its price of د.م12.61 on 19 August 2020. The Moroccan market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 8.0% over the same period.Is New 90 Day High Low • Nov 04New 90-day high: د.م13.00The company is up 7.0% from its price of د.م12.10 on 06 August 2020. The Moroccan market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 4.0% over the same period.Is New 90 Day High Low • Sep 19New 90-day low: د.م12.00The company is down 15% from its price of د.م14.18 on 19 June 2020. The Moroccan market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 13% over the same period.매출 및 비용 세부 내역Med Paper가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이CBSE:MDP 매출, 비용 및 순이익 (MAD Millions)날짜매출순이익일반관리비연구개발비31 Dec 2588735031 Dec 24106836031 Dec 23108636030 Sep 23117634030 Jun 23126735031 Mar 23130735031 Dec 22135735030 Sep 221231234030 Jun 221101733031 Mar 22951331031 Dec 2179929030 Sep 2174328030 Jun 2169-427031 Mar 2163-625031 Dec 2058-922030 Sep 2063-822030 Jun 2067-722031 Mar 2075-624031 Dec 1982-626030 Sep 1983-1026030 Jun 1983-1326031 Mar 1981-1226031 Dec 1879-1125030 Sep 1872-1526030 Jun 1865-1826031 Mar 1867-627031 Dec 1769729030 Sep 1775729030 Jun 1781730031 Mar 1782-1130031 Dec 1683-2930030 Jun 1690-1231031 Mar 1696-1633031 Dec 15102-2034030 Jun 15111-45380양질의 수익: MDP는 MAD22.1M 규모의 큰 일회성 이익이 있어 31st December, 2025까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: MDP의 현재 순 이익률 (7.6%)은 지난해 (7.6%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: MDP는 지난 5년 동안 흑자전환하며 연평균 27%의 수익 성장을 기록했습니다.성장 가속화: MDP은 지난 1년 동안 수익이 감소하여 5년 평균과 비교할 수 없습니다.수익 대 산업: MDP은 지난 1년 동안 수익이 감소(-15.9%)하여 Forestry 업계 평균(-13.6%)과 비교하기 어렵습니다.자기자본이익률높은 ROE: MDP의 자본 수익률(16.3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 12:40종가2026/05/22 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 소스Med Paper S.A.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kais KriaaAlphaMena
Reported Earnings • May 04Full year 2023 earnings releasedFull year 2023 results: Revenue: د.م107.9m (down 20% from FY 2022). Net income: د.م5.75m (down 23% from FY 2022). Profit margin: 5.3% (down from 5.5% in FY 2022). The decrease in margin was driven by lower revenue.
Reported Earnings • Oct 11First half 2022 earnings released: EPS: د.م1.56 (vs د.م1.42 loss in 1H 2021)First half 2022 results: EPS: د.م1.56 (up from د.م1.42 loss in 1H 2021). Revenue: د.م64.5m (up 95% from 1H 2021). Net income: د.م4.03m (up د.م7.69m from 1H 2021). Profit margin: 6.2% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
New Risk • May 02New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. 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 December 2024 fiscal period end). Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (د.م123.9m market cap, or US$13.4m).
New Risk • Mar 04New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 5.8% 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 Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (د.م113.1m market cap, or US$12.2m).
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to د.م21.50, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 9x in the Forestry industry in Africa. Total loss to shareholders of 15% over the past three years.
Valuation Update With 7 Day Price Move • Sep 01Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to د.م29.97, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 9x in the Forestry industry in Africa. Total returns to shareholders of 8.8% over the past three years.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improves as stock rises 26%After last week's 26% share price gain to د.م39.27, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 7x in the Forestry industry in Africa. Total returns to shareholders of 58% over the past three years.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to د.م31.50, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 7x in the Forestry industry in Africa. Total returns to shareholders of 31% over the past three years.
Valuation Update With 7 Day Price Move • Jun 26Investor sentiment improves as stock rises 27%After last week's 27% share price gain to د.م25.27, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 7x in the Forestry industry in Africa. Total returns to shareholders of 8.5% over the past three years.
New Risk • Jun 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 7.4% 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 Risk Interest payments are not well covered by earnings (1.9x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (د.م109.9m market cap, or US$12.1m).
New Risk • Oct 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: د.م98.1m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.3x net interest cover). Market cap is less than US$10m (د.م98.1m market cap, or US$9.96m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change).
New Risk • Aug 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 5.6% 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 Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Market cap is less than US$100m (د.م127.2m market cap, or US$13.1m).
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 17%After last week's 17% share price gain to د.م22.00, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 17x in the Forestry industry in Africa. Total returns to shareholders of 47% over the past three years.
공시 • May 31Med Paper S.A., Annual General Meeting, Jun 27, 2024Med Paper S.A., Annual General Meeting, Jun 27, 2024. Location: casablanca Morocco
Reported Earnings • May 04Full year 2023 earnings releasedFull year 2023 results: Revenue: د.م107.9m (down 20% from FY 2022). Net income: د.م5.75m (down 23% from FY 2022). Profit margin: 5.3% (down from 5.5% in FY 2022). The decrease in margin was driven by lower revenue.
New Risk • Apr 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Moroccan stocks, typically moving 5.2% 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 (2.6x net interest cover). Market cap is less than US$10m (د.م96.6m market cap, or US$9.53m). 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 (5.2% average weekly change). Profit margins are more than 30% lower than last year (5.2% net profit margin).
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: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Market cap is less than US$10m (د.م91.8m market cap, or US$9.17m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Profit margins are more than 30% lower than last year (5.2% net profit margin).
New Risk • Dec 03New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: د.م100.5m (US$9.96m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Market cap is less than US$10m (د.م100.5m market cap, or US$9.96m). Minor Risk Profit margins are more than 30% lower than last year (5.2% net profit margin).
New Risk • Jun 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.5% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Shareholders have been substantially diluted in the past year (85% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (5.5% net profit margin). Market cap is less than US$100m (د.م117.2m market cap, or US$11.6m).
Reported Earnings • Oct 11First half 2022 earnings released: EPS: د.م1.56 (vs د.م1.42 loss in 1H 2021)First half 2022 results: EPS: د.م1.56 (up from د.م1.42 loss in 1H 2021). Revenue: د.م64.5m (up 95% from 1H 2021). Net income: د.م4.03m (up د.م7.69m from 1H 2021). Profit margin: 6.2% (up from net loss in 1H 2021). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to د.م32.80, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 10x in the Forestry industry globally. Total returns to shareholders of 24% over the past three years.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 17% share price gain to د.م29.90, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 10x in the Forestry industry globally. Total returns to shareholders of 8.8% over the past three years.
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to د.م25.22, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 11x in the Forestry industry globally. Total returns to shareholders of 7.3% over the past three years.
Is New 90 Day High Low • Feb 10New 90-day low: د.م13.52The company is down 5.0% from its price of د.م14.30 on 12 November 2020. The Moroccan market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 19% over the same period.
Is New 90 Day High Low • Nov 20New 90-day high: د.م14.77The company is up 17% from its price of د.م12.61 on 19 August 2020. The Moroccan market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 8.0% over the same period.
Is New 90 Day High Low • Nov 04New 90-day high: د.م13.00The company is up 7.0% from its price of د.م12.10 on 06 August 2020. The Moroccan market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 4.0% over the same period.
Is New 90 Day High Low • Sep 19New 90-day low: د.م12.00The company is down 15% from its price of د.م14.18 on 19 June 2020. The Moroccan market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 13% over the same period.