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SDCC

Société de Distribution d'Eau de la Côte d'IvoireBRVM:SDCC Stock Report

Market Cap

XOF40.5b

7D

2.3%

1Y

67.0%

Updated

14 Oct, 2021

Data

Company Financials
SDCC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends4/6

SDCC Overview

Société de Distribution d'Eau de la Côte d'Ivoire, S.A.

Price History & Performance

Summary of all time highs, changes and price drops for Société de Distribution d'Eau de la Côte d'Ivoire
Historical stock prices
Current Share PriceXOF4,500.00
52 Week HighXOF0
52 Week LowXOF0
Beta-0.14
1 Month Change7.14%
3 Month Change16.13%
1 Year Change66.98%
3 Year Change40.63%
5 Year Change-43.75%
Change since IPO625.81%

Recent News & Updates

Shareholder Returns

SDCCCI Water UtilitiesCI Market
7D2.3%-2.1%1.1%
1Y67.0%2.4%53.0%

Return vs Industry: SDCC exceeded the CI Water Utilities industry which returned 2.4% over the past year.

Return vs Market: SDCC exceeded the CI Market which returned 53% over the past year.

Price Volatility

Is SDCC's price volatile compared to industry and market?
SDCC volatility
SDCC Beta-0.14
Industry Beta0.41
Market Beta1

Stable Share Price: SDCC is not significantly more volatile than the rest of CI stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: SDCC's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19592,525n/ahttps://www.sodeci.ci

Société de Distribution d'Eau de la Côte d'Ivoire, S.A. provides drinking water and sanitation services in Ivory Coast. The company was founded in 1959 and is headquartered in Abidjan, Ivory Coast. Société de Distribution d'Eau de la Côte d'Ivoire, S.A. is a subsidiary of SAUR SAS.

Société de Distribution d'Eau de la Côte d'Ivoire Fundamentals Summary

How do Société de Distribution d'Eau de la Côte d'Ivoire's earnings and revenue compare to its market cap?
SDCC fundamental statistics
Market CapXOF40.50b
Earnings (TTM)XOF4.63b
Revenue (TTM)XOF130.58b

8.7x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SDCC income statement (TTM)
RevenueXOF130.58b
Cost of RevenueXOF52.08b
Gross ProfitXOF78.50b
ExpensesXOF73.86b
EarningsXOF4.63b

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)514.67
Gross Margin60.11%
Net Profit Margin3.55%
Debt/Equity Ratio310.2%

How did SDCC perform over the long term?

See historical performance and comparison

Dividends

7.5%

Current Dividend Yield

66%

Payout Ratio

Valuation

Is Société de Distribution d'Eau de la Côte d'Ivoire undervalued compared to its fair value and its price relative to the market?

8.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SDCC (CFA4500) is trading above our estimate of fair value (CFA2634.38)

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


Price To Earnings Ratio

PE vs Industry: SDCC is good value based on its PE Ratio (8.7x) compared to the Global Water Utilities industry average (16x).

PE vs Market: SDCC is poor value based on its PE Ratio (8.7x) compared to the CI market (8.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SDCC is overvalued based on its PB Ratio (1.8x) compared to the XX Water Utilities industry average (1.4x).


Future Growth

How is Société de Distribution d'Eau de la Côte d'Ivoire forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.3%

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 Société de Distribution d'Eau de la Côte d'Ivoire 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 de Distribution d'Eau de la Côte d'Ivoire performed over the past 5 years?

9.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SDCC has high quality earnings.

Growing Profit Margin: SDCC's current net profit margins (3.5%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: SDCC's earnings have grown by 9.1% per year over the past 5 years.

Accelerating Growth: SDCC's earnings growth over the past year (48.6%) exceeds its 5-year average (9.1% per year).

Earnings vs Industry: SDCC earnings growth over the past year (48.6%) exceeded the Water Utilities industry 11.7%.


Return on Equity

High ROE: Whilst SDCC's Return on Equity (20.83%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Société de Distribution d'Eau de la Côte d'Ivoire's financial position?


Financial Position Analysis

Short Term Liabilities: SDCC's short term assets (CFA224.9B) do not cover its short term liabilities (CFA229.9B).

Long Term Liabilities: SDCC's short term assets (CFA224.9B) exceed its long term liabilities (CFA20.5B).


Debt to Equity History and Analysis

Debt Level: SDCC's debt to equity ratio (310.2%) is considered high.

Reducing Debt: SDCC's debt to equity ratio has increased from 164.4% to 310.2% over the past 5 years.

Debt Coverage: Insufficient data to determine if SDCC's debt is well covered by operating cash flow.

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


Balance Sheet


Dividend

What is Société de Distribution d'Eau de la Côte d'Ivoire current dividend yield, its reliability and sustainability?

7.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SDCC's dividend (7.5%) is higher than the bottom 25% of dividend payers in the CI market (4.29%).

High Dividend: SDCC's dividend (7.5%) is low compared to the top 25% of dividend payers in the CI market (10.26%).


Stability and Growth of Payments

Stable Dividend: SDCC's dividends per share have been stable in the past 10 years.

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.6%), SDCC'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.


Next Steps

Management

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


CEO

Société de Distribution d'Eau de la Côte d'Ivoire has no CEO, or we have no data on them.


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 de Distribution d'Eau de la Côte d'Ivoire, S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Société de Distribution d'Eau de la Côte d'Ivoire, S.A.
  • Ticker: SDCC
  • Exchange: BRVM
  • Founded: 1959
  • Industry: Water Utilities
  • Sector: Utilities
  • Market Cap: XOF40.500b
  • Shares outstanding: 9.00m
  • Website: https://www.sodeci.ci

Number of Employees


Location

  • Société de Distribution d'Eau de la Côte d'Ivoire, S.A.
  • 1, Avenue Christiani
  • Treichville
  • Abidjan
  • 1
  • Ivory Coast

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 16:00
End of Day Share Price2021/10/13 00:00
Earnings2021/03/31
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.