Compagnie Ivoirienne d'Électricité (CIE) Valuation

Is CIEC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CIEC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CIEC (F CFA2110) is trading above our estimate of fair value (F CFA1005.49)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CIEC?

Key metric: As CIEC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CIEC. This is calculated by dividing CIEC's market cap by their current earnings.
What is CIEC's PE Ratio?
PE Ratio	10.9x
Earnings	XOF 10.81b
Market Cap	XOF 122.92b

CIEC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.7x
Enterprise Value/EBITDA	5.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does CIEC's PE Ratio compare to its peers?

The above table shows the PE ratio for CIEC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	29.6x
SDCC Société de Distribution d'Eau de la Côte d'Ivoire	7.7x	n/a	XOF 48.6b
SEALDC1 Sociedad Eléctrica del Sur Oeste	11.6x	n/a	S/776.5m
DE Dala Energi	38.4x	37.6%	SEK 2.5b
UMEM Umeme	60.5x	n/a	USh682.0b
CIEC Compagnie Ivoirienne d'Électricité (CIE)	10.9x	n/a	XOF 122.9b

Price-To-Earnings vs Peers: CIEC is good value based on its Price-To-Earnings Ratio (10.9x) compared to the peer average (29.6x).

Price to Earnings Ratio vs Industry

How does CIEC's PE Ratio compare vs other companies in the Global Electric Utilities Industry?

9 Companies	Price / Earnings	Estimated Growth	Market Cap

9 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CIEC is good value based on its Price-To-Earnings Ratio (10.9x) compared to the Global Electric Utilities industry average (14.5x).

Price to Earnings Ratio vs Fair Ratio

What is CIEC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CIEC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CIEC's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.