| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 4/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
BCP Overview
Banque Centrale Populaire provides banking products and services in Morocco, Africa, Europe, and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | د.م278.00 |
| 52 Week High | د.م236.30 |
| 52 Week Low | د.م278.00 |
| Beta | 0.29 |
| 1 Month Change | 0.73% |
| 3 Month Change | 4.51% |
| 1 Year Change | 15.81% |
| 3 Year Change | 2.58% |
| 5 Year Change | 20.95% |
| Change since IPO | 704.63% |
Recent News & Updates
Shareholder Returns
| BCP | MA Banks | MA Market | |
|---|---|---|---|
| 7D | 1.1% | 0.7% | 0.3% |
| 1Y | 15.8% | 25.9% | 25.1% |
Return vs Industry: BCP underperformed the MA Banks industry which returned 25% over the past year.
Return vs Market: BCP underperformed the MA Market which returned 24.8% over the past year.
Price Volatility
| BCP volatility | |
|---|---|
| BCP Beta | 0.29 |
| Industry Beta | 0.41 |
| Market Beta | 1 |
Stable Share Price: BCP is less volatile than 75% of MA stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: BCP's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1926 | 2,708 | Mohamed Mounir | https://www.groupebcp.com |
Banque Centrale Populaire provides banking products and services in Morocco, Africa, Europe, and internationally. Its products and services include current accounts, cheque accounts, factoring accounts, savings accounts, term accounts, and other deposit accounts, as well as certificates of deposit and various loans and advances. The company also engages in the investment-banking, securities, microfinance, insurance consultancy and brokerage, and international banking activities; management, archiving, and conservation of documents, computers, and other media, as well as information containers; provision of lease-financing services for movable assets and real estate; consumer credit business; and long-term leasing and fleet management.
Banque Centrale Populaire Fundamentals Summary
| BCP fundamental statistics | |
|---|---|
| Market Cap | د.م61.75b |
| Earnings (TTM) | د.م1.76b |
| Revenue (TTM) | د.م14.09b |
35.0x
P/E Ratio1.9x
P/B RatioIs BCP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BCP income statement (TTM) | |
|---|---|
| Revenue | د.م14.09b |
| Cost of Revenue | د.م0 |
| Gross Profit | د.م14.09b |
| Expenses | د.م12.33b |
| Earnings | د.م1.76b |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 7.93 |
| Gross Margin | 100.00% |
| Net Profit Margin | 12.51% |
| Debt/Equity Ratio | 103.3% |
How did BCP perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield92%
Payout RatioValuation
Is Banque Centrale Populaire undervalued compared to its fair value and its price relative to the market?
35.04x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BCP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BCP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BCP is poor value based on its PE Ratio (35x) compared to the MA Banks industry average (24.2x).
PE vs Market: BCP is poor value based on its PE Ratio (35x) compared to the MA market (26.6x).
Price to Earnings Growth Ratio
PEG Ratio: BCP is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: BCP is overvalued based on its PB Ratio (1.9x) compared to the MA Banks industry average (1.7x).
Future Growth
How is Banque Centrale Populaire forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
26.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCP's forecast earnings growth (26% per year) is above the savings rate (9.1%).
Earnings vs Market: BCP's earnings (26% per year) are forecast to grow faster than the MA market (13.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BCP's revenue (10.4% per year) is forecast to grow faster than the MA market (6.8% per year).
High Growth Revenue: BCP's revenue (10.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BCP's Return on Equity is forecast to be low in 3 years time (10.3%).
Past Performance
How has Banque Centrale Populaire performed over the past 5 years?
-7.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCP has high quality earnings.
Growing Profit Margin: BCP's current net profit margins (12.5%) are lower than last year (16%).
Past Earnings Growth Analysis
Earnings Trend: BCP's earnings have declined by 7.1% per year over the past 5 years.
Accelerating Growth: BCP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BCP had negative earnings growth (-25.7%) over the past year, making it difficult to compare to the Banks industry average (8.4%).
Return on Equity
High ROE: BCP's Return on Equity (5%) is considered low.
Financial Health
How is Banque Centrale Populaire's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BCP's Assets to Equity ratio (10.1x) is moderate.
Allowance for Bad Loans: BCP has a low allowance for bad loans (0%).
Low Risk Liabilities: 82% of BCP's liabilities are made up of primarily low risk sources of funding.
Loan Level: BCP has an appropriate level of Loans to Assets ratio (56%).
Low Risk Deposits: BCP's Loans to Deposits ratio (77%) is appropriate.
Level of Bad Loans: BCP has a high level of bad loans (11.4%).
Dividend
What is Banque Centrale Populaire current dividend yield, its reliability and sustainability?
2.88%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BCP's dividend (2.88%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).
High Dividend: BCP's dividend (2.88%) is low compared to the top 25% of dividend payers in the MA market (4.84%).
Stability and Growth of Payments
Stable Dividend: BCP's dividends per share have been stable in the past 10 years.
Growing Dividend: BCP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (91.8%), BCP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BCP's dividends in 3 years are forecast to be well covered by earnings (48.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Mohamed Mounir
no data
Tenure
Mr. Mohamed Karim Mounir is a Representative Director of OCP S.A. He serves as Managing Director at La Banque Centrale Populaire SA. He serves as Chairman and Chief Executive Officer at Banque Centrale Pop...
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
Banque Centrale Populaire's employee growth, exchange listings and data sources
Key Information
- Name: Banque Centrale Populaire
- Ticker: BCP
- Exchange: CBSE
- Founded: 1926
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: د.م61.752b
- Shares outstanding: 222.13m
- Website: https://www.groupebcp.com
Number of Employees
Location
- Banque Centrale Populaire
- 101, boulevard Mohamed Zerktouni
- BP 10.622
- Casablanca
- 20 100
- Morocco
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 21:37 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.