SICABLE - Société Ivoirienne De Cables (BRVM:CABC) - Share price, News & Analysis

CABC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

CABC Overview

SICABLE - Société Ivoirienne De Cables S.A.

Rewards

Trading at 39.4% below our estimate of its fair value

Risk Analysis

Volatile share price over the past 3 months

Profit margins (1.8%) are lower than last year (6.5%)

Does not have a meaningful market cap (CFA7B)

Price History & Performance

Summary of all time highs, changes and price drops for SICABLE - Société Ivoirienne De Cables
Historical stock prices
Current Share Price	XOF1,180.00
52 Week High	XOF0
52 Week Low	XOF0
Beta	0.32
1 Month Change	-10.94%
3 Month Change	-18.34%
1 Year Change	11.32%
3 Year Change	12.38%
5 Year Change	-44.47%
Change since IPO	490.00%

Shareholder Returns

	CABC	CI Electrical	CI Market
7D	2.6%	-0.9%	0.2%
1Y	11.3%	15.9%	56.4%

Return vs Industry: CABC underperformed the CI Electrical industry which returned 15.9% over the past year.

Return vs Market: CABC underperformed the CI Market which returned 56.4% over the past year.

Price Volatility

Is CABC's price volatile compared to industry and market?
CABC volatility
CABC Beta	0.32
Industry Beta	0.53
Market Beta	1

Stable Share Price: CABC is more volatile than 75% of CI stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CABC's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of CI stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Frédéric Tailheuret	https://www.sicable.ci

SICABLE - Société Ivoirienne De Cables S.A. manufactures and sells electric cables in Ivory Coast and internationally. It offers household wires and cables, rigid industrial cables, overhead cables, bare conductors, and underground cables. The company also distributes products under the PRYSMIAN and DRAKA brands.

SICABLE - Société Ivoirienne De Cables Fundamentals Summary

How do SICABLE - Société Ivoirienne De Cables's earnings and revenue compare to its market cap?
CABC fundamental statistics
Market Cap	XOF6.99b
Earnings (TTM)	XOF326.16m
Revenue (TTM)	XOF17.69b

21.4x

P/E Ratio

0.4x

P/S Ratio

Is CABC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
CABC income statement (TTM)
Revenue	XOF17.69b
Cost of Revenue	XOF14.43b
Gross Profit	XOF3.26b
Expenses	XOF2.93b
Earnings	XOF326.16m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	55.09
Gross Margin	18.40%
Net Profit Margin	1.84%
Debt/Equity Ratio	0.1%

How did CABC perform over the long term?

See historical performance and comparison

Valuation

Is SICABLE - Société Ivoirienne De Cables undervalued compared to its fair value and its price relative to the market?

39.4%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: CABC (CFA1180) is trading below our estimate of fair value (CFA1948.68)

Significantly Below Fair Value: CABC is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: CABC is poor value based on its PE Ratio (21.4x) compared to the African Electrical industry average (14.2x).

PE vs Market: CABC is poor value based on its PE Ratio (21.4x) compared to the CI market (7.9x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CABC's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: CABC's PB Ratio (1x) is in line with the XF Electrical industry average.

Future Growth

How is SICABLE - Société Ivoirienne De Cables forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.8%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SICABLE - Société Ivoirienne De Cables has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has SICABLE - Société Ivoirienne De Cables performed over the past 5 years?

2.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CABC has high quality earnings.

Growing Profit Margin: CABC's current net profit margins (1.8%) are lower than last year (6.5%).

Past Earnings Growth Analysis

Earnings Trend: CABC's earnings have grown by 2.5% per year over the past 5 years.

Accelerating Growth: CABC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CABC had negative earnings growth (-74.5%) over the past year, making it difficult to compare to the Electrical industry average (40%).

Return on Equity

High ROE: CABC's Return on Equity (4.8%) is considered low.

Financial Health

How is SICABLE - Société Ivoirienne De Cables's financial position?

Financial Position Analysis

Short Term Liabilities: CABC's short term assets (CFA8.5B) exceed its short term liabilities (CFA4.2B).

Long Term Liabilities: CABC's short term assets (CFA8.5B) exceed its long term liabilities (CFA2.5B).

Debt to Equity History and Analysis

Debt Level: CABC's debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: CABC's debt to equity ratio has reduced from 34.7% to 0.1% over the past 5 years.

Debt Coverage: CABC's debt is well covered by operating cash flow (9569.4%).

Interest Coverage: CABC earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is SICABLE - Société Ivoirienne De Cables's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

Notable Dividend: Unable to evaluate CABC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CABC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CABC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CABC's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: CABC is not paying a notable dividend for the CI market.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CABC's dividend in 3 years as they are not forecast to pay a notable one for the CI market.

Next Steps

Explore strong dividend paying companies in the Capital Goods industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

CEO

Frédéric Tailheuret

no data

Tenure

Mr. Frédéric Tailheuret serves as the Chief Executive Officer and Director at SICABLE - Société Ivoirienne De Cables S.A.

Ownership

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.

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2021/10/26 16:00
End of Day Share Price	2021/10/25 00:00
Earnings	2021/06/30
Annual Earnings	2020/12/31

Market Cap

7D

1Y

Updated

Data