Crédit Immobilier et Hôtelier, Société Anonyme provides various banking products and services for individuals, professionals, companies, and real estate developers in Morocco.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.م325.00|
|52 Week High||د.م233.50|
|52 Week Low||د.م325.00|
|1 Month Change||9.65%|
|3 Month Change||16.49%|
|1 Year Change||31.58%|
|3 Year Change||14.04%|
|5 Year Change||25.00%|
|Change since IPO||50.46%|
Recent News & Updates
|CIH||MA Banks||MA Market|
Return vs Industry: CIH exceeded the MA Banks industry which returned 26.6% over the past year.
Return vs Market: CIH exceeded the MA Market which returned 26.4% over the past year.
Stable Share Price: CIH is not significantly more volatile than the rest of MA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CIH's weekly volatility (3%) has been stable over the past year.
About the Company
Crédit Immobilier et Hôtelier, Société Anonyme provides various banking products and services for individuals, professionals, companies, and real estate developers in Morocco. The company accepts checking, currency, current, and covetable dirham accounts; and provides funding and financing services, bank cards, and real estate loans. It also provides bancassurance and investing, insurance brokerage, and cash flow management services, as well as online and mobile banking services.
Crédit Immobilier et Hôtelier Société Anonyme Fundamentals Summary
|CIH fundamental statistics|
Is CIH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CIH income statement (TTM)|
|Cost of Revenue||د.م0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||10.57|
|Net Profit Margin||13.96%|
How did CIH perform over the long term?See historical performance and comparison
2.5%Current Dividend Yield
Is Crédit Immobilier et Hôtelier Société Anonyme undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CIH's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CIH's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CIH is poor value based on its PE Ratio (30.7x) compared to the MA Banks industry average (24.2x).
PE vs Market: CIH is poor value based on its PE Ratio (30.7x) compared to the MA market (26.8x).
Price to Earnings Growth Ratio
PEG Ratio: CIH is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: CIH is overvalued based on its PB Ratio (1.8x) compared to the MA Banks industry average (1.7x).
How is Crédit Immobilier et Hôtelier Société Anonyme forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CIH's forecast earnings growth (29.2% per year) is above the savings rate (9.1%).
Earnings vs Market: CIH's earnings (29.2% 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: CIH's revenue (11.4% per year) is forecast to grow faster than the MA market (6.6% per year).
High Growth Revenue: CIH's revenue (11.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CIH's Return on Equity is forecast to be low in 3 years time (12.2%).
How has Crédit Immobilier et Hôtelier Société Anonyme performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CIH has high quality earnings.
Growing Profit Margin: CIH's current net profit margins (14%) are lower than last year (14.2%).
Past Earnings Growth Analysis
Earnings Trend: CIH's earnings have declined by 13.9% per year over the past 5 years.
Accelerating Growth: CIH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CIH had negative earnings growth (-6.7%) over the past year, making it difficult to compare to the Banks industry average (8.4%).
Return on Equity
High ROE: CIH's Return on Equity (5.6%) is considered low.
How is Crédit Immobilier et Hôtelier Société Anonyme's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CIH's Assets to Equity ratio (17.3x) is moderate.
Allowance for Bad Loans: CIH has a low allowance for bad loans (60%).
Low Risk Liabilities: 64% of CIH's liabilities are made up of primarily low risk sources of funding.
Loan Level: CIH has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: CIH's Loans to Deposits ratio (121%) is appropriate.
Level of Bad Loans: CIH has a high level of bad loans (7.4%).
What is Crédit Immobilier et Hôtelier Société Anonyme current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CIH's dividend (2.46%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).
High Dividend: CIH's dividend (2.46%) is low compared to the top 25% of dividend payers in the MA market (4.85%).
Stability and Growth of Payments
Stable Dividend: CIH's dividend payments have been volatile in the past 10 years.
Growing Dividend: CIH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.7%), CIH's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CIH's dividends in 3 years are forecast to be covered by earnings (74% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lotfi Sekkat (57 yo)
Mr. Lotfi Sekkat has been the Chief Executive Officer at Crédit Immobilier et Hôtelier, Société Anonyme since June 04, 2019 and has been its Chairman since June 2019. He serves as President at Crédit Immob...
Experienced Board: CIH's board of directors are considered experienced (5.7 years average tenure).
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.
Crédit Immobilier et Hôtelier, Société Anonyme's employee growth, exchange listings and data sources
- Name: Crédit Immobilier et Hôtelier, Société Anonyme
- Ticker: CIH
- Exchange: CBSE
- Founded: 1920
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: د.م9.206b
- Shares outstanding: 28.32m
- Website: https://www.cihbank.ma
Number of Employees
- Crédit Immobilier et Hôtelier, Société Anonyme
- 187, Avenue Hassan II
- 20 019
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:38|
|End of Day Share Price||2021/10/18 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.