Aluminium Du Maroc SA, together with its subsidiaries, designs, manufactures, and sells aluminum alloy products in Morocco.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.م1,440.00|
|52 Week High||د.م1,260.00|
|52 Week Low||د.م1,548.00|
|1 Month Change||5.81%|
|3 Month Change||5.88%|
|1 Year Change||12.06%|
|3 Year Change||-10.62%|
|5 Year Change||44.00%|
|Change since IPO||62.53%|
Recent News & Updates
|ALM||MA Building||MA Market|
Return vs Industry: ALM underperformed the MA Building industry which returned 22.5% over the past year.
Return vs Market: ALM underperformed the MA Market which returned 24.4% over the past year.
Stable Share Price: ALM is not significantly more volatile than the rest of MA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ALM's weekly volatility (4%) has been stable over the past year.
About the Company
Aluminium Du Maroc SA, together with its subsidiaries, designs, manufactures, and sells aluminum alloy products in Morocco. It manufactures, machines, and lays aluminum joinery systems; and produces and markets abrasive papers. The company’s products include windows and doors, bellows, sliding products, French doors, and round frames, as well as aluminum hardware accessories; cladding panels; and welded steel, driving, structural, general purpose, and greenhouse tubes, as well as pipes.
Aluminium Du Maroc Fundamentals Summary
|ALM fundamental statistics|
Is ALM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ALM income statement (TTM)|
|Cost of Revenue||د.م762.17m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||57.25|
|Net Profit Margin||2.45%|
How did ALM perform over the long term?See historical performance and comparison
5.6%Current Dividend Yield
Is Aluminium Du Maroc 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: ALM (MAD1440) is trading above our estimate of fair value (MAD432.3)
Significantly Below Fair Value: ALM is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ALM is poor value based on its PE Ratio (25.2x) compared to the African Building industry average (11.8x).
PE vs Market: ALM is good value based on its PE Ratio (25.2x) compared to the MA market (27x).
Price to Earnings Growth Ratio
PEG Ratio: ALM is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: ALM is overvalued based on its PB Ratio (2.4x) compared to the XF Building industry average (1.4x).
How is Aluminium Du Maroc forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ALM's forecast earnings growth (19.7% per year) is above the savings rate (9.1%).
Earnings vs Market: ALM's earnings (19.7% per year) are forecast to grow faster than the MA market (13.1% per year).
High Growth Earnings: ALM's earnings are forecast to grow, but not significantly.
Revenue vs Market: ALM's revenue is expected to decline over the next 3 years (-8.2% per year).
High Growth Revenue: ALM's revenue is forecast to decline over the next 3 years (-8.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ALM's Return on Equity is forecast to be low in 3 years time (11.2%).
How has Aluminium Du Maroc performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ALM has high quality earnings.
Growing Profit Margin: ALM became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ALM's earnings have declined by 20.3% per year over the past 5 years.
Accelerating Growth: ALM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ALM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Building industry (6.6%).
Return on Equity
High ROE: ALM's Return on Equity (10.7%) is considered low.
How is Aluminium Du Maroc's financial position?
Financial Position Analysis
Short Term Liabilities: ALM's short term assets (MAD775.5M) exceed its short term liabilities (MAD641.7M).
Long Term Liabilities: ALM's short term assets (MAD775.5M) exceed its long term liabilities (MAD162.2M).
Debt to Equity History and Analysis
Debt Level: ALM's debt to equity ratio (193.9%) is considered high.
Reducing Debt: ALM's debt to equity ratio has increased from 76% to 193.9% over the past 5 years.
Debt Coverage: ALM's debt is well covered by operating cash flow (24.8%).
Interest Coverage: ALM's interest payments on its debt are well covered by EBIT (4.2x coverage).
What is Aluminium Du Maroc current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ALM's dividend (5.56%) is higher than the bottom 25% of dividend payers in the MA market (2.24%).
High Dividend: ALM's dividend (5.56%) is in the top 25% of dividend payers in the MA market (4.88%)
Stability and Growth of Payments
Stable Dividend: ALM's dividends per share have been stable in the past 10 years.
Growing Dividend: ALM's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (139.8%), ALM's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ALM's dividends in 3 years are forecast to be covered by earnings (67.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Aluminium Du Maroc has no CEO, or we have no data on them.
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.
Aluminium Du Maroc SA's employee growth, exchange listings and data sources
- Name: Aluminium Du Maroc SA
- Ticker: ALM
- Exchange: CBSE
- Founded: 1976
- Industry: Building Products
- Sector: Capital Goods
- Market Cap: د.م670.974m
- Shares outstanding: 465.95k
- Website: https://www.aluminiumdumaroc.com
Number of Employees
- Aluminium Du Maroc SA
- Industrial Area
- Tetouan Road - BP 324
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/14 21:23|
|End of Day Share Price||2021/10/14 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.