SEMAFO Inc., a mining company, engages in the exploration, development, and operation of gold properties in West Africa.
Excellent balance sheet and good value.
Share Price & News
How has SEMAFO's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMF's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: SMF underperformed the Canadian Metals and Mining industry which returned -10.2% over the past year.
Return vs Market: SMF exceeded the Canadian Market which returned -24.6% over the past year.
Price Volatility Vs. Market
How volatile is SEMAFO's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StSEMAFO Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
1 month ago | Simply Wall StInvestors Who Bought SEMAFO (TSE:SMF) Shares Three Years Ago Are Now Down 18%
2 months ago | Simply Wall StDoes SEMAFO Inc.'s (TSE:SMF) CEO Salary Reflect Performance?
Is SEMAFO undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMF (CA$3.05) is trading below our estimate of fair value (CA$10.16)
Significantly Below Fair Value: SMF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMF is poor value based on its PE Ratio (14.2x) compared to the Metals and Mining industry average (12.6x).
PE vs Market: SMF is poor value based on its PE Ratio (14.2x) compared to the Canadian market (10.4x).
Price to Earnings Growth Ratio
PEG Ratio: SMF is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: SMF is good value based on its PB Ratio (0.9x) compared to the CA Metals and Mining industry average (1.2x).
How is SEMAFO forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMF's forecast earnings growth (24.5% per year) is above the savings rate (1.4%).
Earnings vs Market: SMF's earnings (24.5% per year) are forecast to grow faster than the Canadian market (7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SMF's revenue (10.6% per year) is forecast to grow faster than the Canadian market (3.5% per year).
High Growth Revenue: SMF's revenue (10.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SMF's Return on Equity is forecast to be low in 3 years time (8.1%).
How has SEMAFO performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMF has high quality earnings.
Growing Profit Margin: SMF became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SMF's earnings have declined by -2.9% per year over the past 5 years.
Accelerating Growth: SMF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SMF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.5%).
Return on Equity
High ROE: SMF's Return on Equity (7.2%) is considered low.
How is SEMAFO's financial position?
Financial Position Analysis
Short Term Liabilities: SMF's short term assets ($250.8M) exceed its short term liabilities ($146.3M).
Long Term Liabilities: SMF's short term assets ($250.8M) exceed its long term liabilities ($116.1M).
Debt to Equity History and Analysis
Debt Level: SMF's debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: SMF's debt to equity ratio has increased from 0.2% to 7% over the past 5 years.
Debt Coverage: SMF's debt is well covered by operating cash flow (366.5%).
Interest Coverage: SMF's interest payments on its debt are well covered by EBIT (21.5x coverage).
Inventory Level: SMF has a high level of physical assets or inventory.
Debt Coverage by Assets: SMF's debt is covered by short term assets (assets are 4.2x debt).
What is SEMAFO's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SMF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SMF's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SMF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SMF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SMF is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SMF's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Benoit Desormeaux (49yo)
Mr. Benoit Desormeaux, CPA, CA, has been President and Chief Executive Officer at SEMAFO Inc. since August 8, 2012 and serves as it’s Director. He has 20 years’ experience in international mining and explo ...
CEO Compensation Analysis
Compensation vs Market: Benoit's total compensation ($USD1.51M) is about average for companies of similar size in the Canadian market ($USD1.73M).
Compensation vs Earnings: Benoit's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||13.92yrs||US$928.24k||0.0036% $36.3k|
|Vice President of Corporate Development & Investor Relations||2.33yrs||US$671.25k||no data|
|VP of Law||10.58yrs||no data||no data|
|Vice President of Human Resources||10.58yrs||no data||no data|
|Managing Director of Semafo Guinea||no data||no data||no data|
|Vice President of Exploration||1.75yrs||no data||no data|
|Analyst of Investor Relations||no data||no data||no data|
Experienced Management: SMF's management team is seasoned and experienced (9.1 years average tenure).
|Independent Chairman of the Board||2.25yrs||US$237.50k||0.034% $344.0k|
|Independent Director||0.67yr||no data||no data|
|Independent Director||14.25yrs||US$161.25k||0.024% $244.0k|
|Independent Director||8.92yrs||US$148.75k||0.0033% $33.6k|
|Independent Director||0.92yr||no data||no data|
|Independent Director||7.92yrs||US$150.00k||no data|
|Independent Director||4.92yrs||US$137.50k||no data|
Experienced Board: SMF's board of directors are considered experienced (6.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SEMAFO Inc.'s company bio, employee growth, exchange listings and data sources
- Name: SEMAFO Inc.
- Ticker: SMF
- Exchange: TSX
- Founded: 1994
- Industry: Gold
- Sector: Materials
- Market Cap: CA$1.020b
- Shares outstanding: 334.47m
- Website: https://www.semafo.com
Number of Employees
- SEMAFO Inc.
- 100 Alexis-Nihon Boulevard
- 7th Floor
- H4M 2P3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SMF||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Jan 1992|
|S7U||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jan 1992|
|SMF||OM (OMX Nordic Exchange Stockholm)||Yes||Common Shares||SE||SEK||Jan 1992|
|0Q4J||LSE (London Stock Exchange)||Yes||Common Shares||GB||SEK||Jan 1992|
|SEMF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Jan 1992|
|SMFS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Common Shares||GB||SEK||Jan 1992|
SEMAFO Inc., a mining company, engages in the exploration, development, and operation of gold properties in West Africa. The company operates the Mana Mine in Burkina Faso, which includes the Siou deposit. It also holds a 90% interest in the Boungou project. The company was formerly known as West Africa Mining Exploration Corporation Inc. and changed its name to SEMAFO Inc. in May 1997. SEMAFO Inc. was founded in 1994 and is headquartered in Saint-Laurent, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 00:36|
|End of Day Share Price||2020/04/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.