Compagnie Ivoirienne d'Electricité, S.A.
Price History & Performance
|Historical stock prices|
|Current Share Price||XOF2,000.00|
|52 Week High||XOF0|
|52 Week Low||XOF0|
|1 Month Change||0%|
|3 Month Change||23.46%|
|1 Year Change||78.57%|
|3 Year Change||50.94%|
|5 Year Change||-45.21%|
|Change since IPO||321.05%|
Recent News & Updates
|CIEC||CI Electric Utilities||CI Market|
Return vs Industry: CIEC exceeded the CI Electric Utilities industry which returned 25.5% over the past year.
Return vs Market: CIEC exceeded the CI Market which returned 53.3% over the past year.
Stable Share Price: CIEC is not significantly more volatile than the rest of CI stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CIEC's weekly volatility (5%) has been stable over the past year.
About the Company
Compagnie Ivoirienne d'Electricité, S.A. engages in the production, transmission, and distribution of electricity in West Africa. The company also engages in the production and distribution of drinking water. In addition, it provides management of public services.
Compagnie Ivoirienne d'Electricité Fundamentals Summary
|CIEC fundamental statistics|
Is CIEC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CIEC income statement (TTM)|
|Cost of Revenue||XOF50.12b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||306.84|
|Net Profit Margin||7.74%|
How did CIEC perform over the long term?See historical performance and comparison
9.3%Current Dividend Yield
Is Compagnie Ivoirienne d'Electricité 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: CIEC (CFA2000) is trading below our estimate of fair value (CFA2248.34)
Significantly Below Fair Value: CIEC is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CIEC is good value based on its PE Ratio (6.5x) compared to the Global Electric Utilities industry average (14.6x).
PE vs Market: CIEC is good value based on its PE Ratio (6.5x) compared to the CI market (8.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CIEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CIEC is overvalued based on its PB Ratio (3x) compared to the XF Electric Utilities industry average (0.6x).
How is Compagnie Ivoirienne d'Electricité forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Utilities 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 Compagnie Ivoirienne d'Electricité 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.
How has Compagnie Ivoirienne d'Electricité performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIEC has high quality earnings.
Growing Profit Margin: CIEC's current net profit margins (7.7%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: CIEC's earnings have declined by 1.1% per year over the past 5 years.
Accelerating Growth: CIEC's earnings growth over the past year (119.9%) exceeds its 5-year average (-1.1% per year).
Earnings vs Industry: CIEC earnings growth over the past year (119.9%) exceeded the Electric Utilities industry 8.2%.
Return on Equity
High ROE: Whilst CIEC's Return on Equity (45.78%) is outstanding, this metric is skewed due to their high level of debt.
How is Compagnie Ivoirienne d'Electricité's financial position?
Financial Position Analysis
Short Term Liabilities: CIEC's short term assets (CFA1,102.3B) do not cover its short term liabilities (CFA1,194.9B).
Long Term Liabilities: CIEC's short term assets (CFA1,102.3B) exceed its long term liabilities (CFA22.3B).
Debt to Equity History and Analysis
Debt Level: CIEC's debt to equity ratio (357.3%) is considered high.
Reducing Debt: CIEC's debt to equity ratio has increased from 75.3% to 357.3% over the past 5 years.
Debt Coverage: CIEC's debt is well covered by operating cash flow (37.5%).
Interest Coverage: CIEC's interest payments on its debt are well covered by EBIT (31.6x coverage).
What is Compagnie Ivoirienne d'Electricité current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CIEC's dividend (9.29%) is higher than the bottom 25% of dividend payers in the CI market (4.29%).
High Dividend: CIEC's dividend (9.29%) is low compared to the top 25% of dividend payers in the CI market (10.1%).
Stability and Growth of Payments
Stable Dividend: CIEC's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIEC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.5%), CIEC's 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.
How experienced are the management team and are they aligned to shareholders interests?
Ahmadou Bakayoko serves as Director at Compagnie Ivoirienne d'Electricité, S.A since April 2019 and also serves as its Chief Executive Officer since April 2019.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Compagnie Ivoirienne d'Electricité, S.A.'s employee growth, exchange listings and data sources
- Name: Compagnie Ivoirienne d'Electricité, S.A.
- Ticker: CIEC
- Exchange: BRVM
- Founded: 1990
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: XOF110.040b
- Shares outstanding: 56.00m
- Website: https://www.cie.ci
Number of Employees
- Compagnie Ivoirienne d'Electricité, S.A.
- 1, Avenue Christiani
- Treichville 01
- Ivory Coast
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 21:43|
|End of Day Share Price||2021/10/19 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.