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Itissalat Al-Maghrib (IAM) S.A.

ENXTPA:IAM Stock Report

Market Cap: €9.8b

Itissalat Al-Maghrib (IAM) (IAM) Stock Overview

Provides various telecommunication solutions in Morocco and internationally. More details

IAM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health3/6
Dividends1/6

Rewards

Trading at 9.7% below our estimate of its fair value

Earnings are forecast to grow 27.01% per year

Risk Analysis

Has a high level of debt

Profit margins (4.9%) are lower than last year (14.4%)


IAM Community Fair Values

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Itissalat Al-Maghrib (IAM) S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Itissalat Al-Maghrib (IAM)
Historical stock prices
Current Share Priceد.م10.30
52 Week Highد.م10.40
52 Week Lowد.م7.13
Beta0.44
1 Month Change4.57%
3 Month Change37.33%
1 Year Change21.18%
3 Year Change-11.97%
5 Year Change-20.16%
Change since IPO44.87%

Recent News & Updates

Recent updates

Shareholder Returns

IAMFR TelecomFR Market
7D3.0%-0.1%1.7%
1Y21.2%22.2%3.1%

Return vs Industry: IAM underperformed the French Telecom industry which returned 23.3% over the past year.

Return vs Market: IAM exceeded the French Market which returned 2.8% over the past year.

Price Volatility

Is IAM's price volatile compared to industry and market?
IAM volatility
IAM Average Weekly Movement3.8%
Telecom Industry Average Movement3.5%
Market Average Movement4.5%
10% most volatile stocks in FR Market10.2%
10% least volatile stocks in FR Market2.4%

Stable Share Price: IAM has not had significant price volatility in the past 3 months compared to the French market.

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

About the Company

FoundedEmployeesCEOWebsite
19988,758n/awww.iam.ma

Itissalat Al-Maghrib (IAM) S.A. provides various telecommunication solutions in Morocco and internationally. The company offers mobile packages; fixed telecom; internet services, such as optical fiber, mobile internet 4G+, ADSL, Vsat, internet leased line, web hosting, and 4G+ internet box; network solutions, including VPN IP, ethernet, leased connections; cloud and data center hosting services, including Microsoft 365, google workspace, DDOS security, and back up as a service solution; value-added services comprises of MT tracking, geolocation, audio conference, and mobility management services, and e-SIM; home and KIOSK numbers; and digital solutions, including e-learning. The company also provides mobile applications that includes social networks and internet, SMS Services, content services, voice services, practical services, and smart life – connected objects, as well as equipment, such as smartphones and tablets, fixed positions, connected objects, 4G+ internet equipment, fiber optic equipment, and credit financing services.

Itissalat Al-Maghrib (IAM) S.A. Fundamentals Summary

How do Itissalat Al-Maghrib (IAM)'s earnings and revenue compare to its market cap?
IAM fundamental statistics
Market cap€9.84b
Earnings (TTM)€170.80m
Revenue (TTM)€3.48b
57.6x
P/E Ratio
2.8x
P/S Ratio

Is IAM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IAM income statement (TTM)
Revenueد.م36.70b
Cost of Revenueد.م7.86b
Gross Profitد.م28.84b
Other Expensesد.م27.04b
Earningsد.م1.80b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.05
Gross Margin78.58%
Net Profit Margin4.91%
Debt/Equity Ratio121.6%

How did IAM perform over the long term?

See historical performance and comparison

Dividends

1.2%
Current Dividend Yield
70%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/09 06:16
End of Day Share Price 2025/07/09 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Itissalat Al-Maghrib (IAM) S.A. is covered by 20 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Myriam ChaabouniAlphaMena
Ziad ItaniArqaam Capital Research Offshore S.A.L.
Stéphane SchlatterBanco Santander