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SMBC

Société Multinationale de Bitumes Société AnonymeBRVM:SMBC Stock Report

Market Cap

XOF54.6b

7D

-0.6%

1Y

141.7%

Updated

21 Oct, 2021

Data

Company Financials
SMBC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends3/6

SMBC Overview

Société Multinationale de Bitumes Société Anonyme refines crude oil in Africa.

Price History & Performance

Summary of all time highs, changes and price drops for Société Multinationale de Bitumes Société Anonyme
Historical stock prices
Current Share PriceXOF7,010.00
52 Week HighXOF0
52 Week LowXOF0
Beta-0.12
1 Month Change-1.96%
3 Month Change4.63%
1 Year Change141.72%
3 Year Change53.39%
5 Year Change24.62%
Change since IPO100.29%

Recent News & Updates

Shareholder Returns

SMBCCI Basic MaterialsCI Market
7D-0.6%1.5%0.3%
1Y141.7%67.6%53.2%

Return vs Industry: SMBC exceeded the CI Basic Materials industry which returned 65.5% over the past year.

Return vs Market: SMBC exceeded the CI Market which returned 53.2% over the past year.

Price Volatility

Is SMBC's price volatile compared to industry and market?
SMBC volatility
SMBC Beta-0.12
Industry Beta0.51
Market Beta1

Stable Share Price: SMBC is less volatile than 75% of CI stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SMBC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aMamadou Doumbiahttps://www.smbci.ci

Société Multinationale de Bitumes Société Anonyme refines crude oil in Africa. The company offers bitumen and distillates. Société Multinationale de Bitumes Société Anonyme is based in Abidjan, Ivory Coast.

Société Multinationale de Bitumes Société Anonyme Fundamentals Summary

How do Société Multinationale de Bitumes Société Anonyme's earnings and revenue compare to its market cap?
SMBC fundamental statistics
Market CapXOF54.64b
Earnings (TTM)XOF11.01b
Revenue (TTM)XOF102.36b

5.0x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SMBC income statement (TTM)
RevenueXOF102.36b
Cost of RevenueXOF72.92b
Gross ProfitXOF29.44b
ExpensesXOF18.43b
EarningsXOF11.01b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.41k
Gross Margin28.76%
Net Profit Margin10.76%
Debt/Equity Ratio0.004%

How did SMBC perform over the long term?

See historical performance and comparison

Dividends

12.8%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is Société Multinationale de Bitumes Société Anonyme undervalued compared to its fair value and its price relative to the market?

4.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SMBC (CFA7010) is trading above our estimate of fair value (CFA2531.6)

Significantly Below Fair Value: SMBC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SMBC is good value based on its PE Ratio (5x) compared to the African Basic Materials industry average (13.7x).

PE vs Market: SMBC is good value based on its PE Ratio (5x) compared to the CI market (8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SMBC is overvalued based on its PB Ratio (2.7x) compared to the XF Basic Materials industry average (1.3x).


Future Growth

How is Société Multinationale de Bitumes Société Anonyme forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.0%

Forecasted Materials 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 Société Multinationale de Bitumes Société Anonyme 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 Société Multinationale de Bitumes Société Anonyme performed over the past 5 years?

8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SMBC has high quality earnings.

Growing Profit Margin: SMBC's current net profit margins (10.8%) are higher than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: SMBC's earnings have grown by 8.9% per year over the past 5 years.

Accelerating Growth: SMBC's earnings growth over the past year (134.2%) exceeds its 5-year average (8.9% per year).

Earnings vs Industry: SMBC earnings growth over the past year (134.2%) exceeded the Basic Materials industry 44.8%.


Return on Equity

High ROE: SMBC's Return on Equity (54.7%) is considered outstanding.


Financial Health

How is Société Multinationale de Bitumes Société Anonyme's financial position?


Financial Position Analysis

Short Term Liabilities: SMBC's short term assets (CFA62.0B) exceed its short term liabilities (CFA51.4B).

Long Term Liabilities: SMBC's short term assets (CFA62.0B) exceed its long term liabilities (CFA548.0M).


Debt to Equity History and Analysis

Debt Level: SMBC's debt to equity ratio (0%) is considered satisfactory.

Reducing Debt: SMBC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: SMBC's debt is well covered by operating cash flow (229300%).

Interest Coverage: SMBC's interest payments on its debt are well covered by EBIT (24x coverage).


Balance Sheet


Dividend

What is Société Multinationale de Bitumes Société Anonyme current dividend yield, its reliability and sustainability?

12.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SMBC's dividend (12.84%) is higher than the bottom 25% of dividend payers in the CI market (4.09%).

High Dividend: SMBC's dividend (12.84%) is in the top 25% of dividend payers in the CI market (9.72%)


Stability and Growth of Payments

Stable Dividend: SMBC's dividend payments have been volatile in the past 10 years.

Growing Dividend: SMBC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Mamadou Doumbia

no data

Tenure

Mr. Mamadou Doumbia serves as the Chief Executive Officer at Societe Multinationale de Bitumes SA.


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.


Top Shareholders

Company Information

Société Multinationale de Bitumes Société Anonyme's employee growth, exchange listings and data sources


Key Information

  • Name: Société Multinationale de Bitumes Société Anonyme
  • Ticker: SMBC
  • Exchange: BRVM
  • Founded: NaN
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: XOF54.644b
  • Shares outstanding: 7.80m
  • Website: https://www.smbci.ci

Number of Employees


Location

  • Société Multinationale de Bitumes Société Anonyme
  • Petit Bassam Boulevard
  • Enclosure of the SIR Refinery
  • Abidjan
  • 12 BP 622
  • Ivory Coast

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 21:00
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.