| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
LBV Overview
Label Vie S.A. operates supermarkets, hypermarkets, and hyper-cash stores in Morocco.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | د.م4,500.00 |
| 52 Week High | د.م2,951.00 |
| 52 Week Low | د.م4,500.00 |
| Beta | -0.066 |
| 1 Month Change | 1.35% |
| 3 Month Change | 13.07% |
| 1 Year Change | 46.58% |
| 3 Year Change | 126.59% |
| 5 Year Change | 330.62% |
| Change since IPO | 275.00% |
Recent News & Updates
Shareholder Returns
| LBV | MA Consumer Retailing | MA Market | |
|---|---|---|---|
| 7D | 4.7% | 0.9% | 1.3% |
| 1Y | 46.6% | 33.7% | 26.6% |
Return vs Industry: LBV exceeded the MA Consumer Retailing industry which returned 32.8% over the past year.
Return vs Market: LBV exceeded the MA Market which returned 26.4% over the past year.
Price Volatility
| LBV volatility | |
|---|---|
| LBV Beta | -0.066 |
| Industry Beta | 0.57 |
| Market Beta | 1 |
Stable Share Price: LBV is not significantly more volatile than the rest of MA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: LBV's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1985 | 6,903 | Rachid Hadni | https://www.labelvie.ma |
Label Vie S.A. operates supermarkets, hypermarkets, and hyper-cash stores in Morocco. It operates 104 stores, including 11 Atacadao stores, 84 Carrefour Market stores, and 9 Carrefour stores. The company also engages in the construction and management of premises; operation of a service station; mobile delivery business; and real estate development business.
Label Vie Fundamentals Summary
| LBV fundamental statistics | |
|---|---|
| Market Cap | د.م12.78b |
| Earnings (TTM) | د.م299.17m |
| Revenue (TTM) | د.م10.96b |
42.7x
P/E Ratio1.2x
P/S RatioIs LBV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LBV income statement (TTM) | |
|---|---|
| Revenue | د.م10.96b |
| Cost of Revenue | د.م8.99b |
| Gross Profit | د.م1.96b |
| Expenses | د.م1.66b |
| Earnings | د.م299.17m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 105.38 |
| Gross Margin | 17.92% |
| Net Profit Margin | 2.73% |
| Debt/Equity Ratio | 161.2% |
How did LBV perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield57%
Payout RatioValuation
Is Label Vie undervalued compared to its fair value and its price relative to the market?
42.7x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LBV (MAD4500) is trading above our estimate of fair value (MAD1268.95)
Significantly Below Fair Value: LBV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LBV is poor value based on its PE Ratio (42.7x) compared to the African Consumer Retailing industry average (25.1x).
PE vs Market: LBV is poor value based on its PE Ratio (42.7x) compared to the MA market (26.8x).
Price to Earnings Growth Ratio
PEG Ratio: LBV is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: LBV is overvalued based on its PB Ratio (5.9x) compared to the XF Consumer Retailing industry average (4.8x).
Future Growth
How is Label Vie forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
16.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LBV's forecast earnings growth (16.2% per year) is above the savings rate (9.1%).
Earnings vs Market: LBV's earnings (16.2% per year) are forecast to grow faster than the MA market (13.1% per year).
High Growth Earnings: LBV's earnings are forecast to grow, but not significantly.
Revenue vs Market: LBV's revenue (12.6% per year) is forecast to grow faster than the MA market (6.6% per year).
High Growth Revenue: LBV's revenue (12.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LBV's Return on Equity is forecast to be low in 3 years time (19.8%).
Past Performance
How has Label Vie performed over the past 5 years?
16.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LBV has high quality earnings.
Growing Profit Margin: LBV's current net profit margins (2.7%) are lower than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: LBV's earnings have grown by 16.5% per year over the past 5 years.
Accelerating Growth: LBV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LBV had negative earnings growth (-10.9%) over the past year, making it difficult to compare to the Consumer Retailing industry average (9.1%).
Return on Equity
High ROE: LBV's Return on Equity (14%) is considered low.
Financial Health
How is Label Vie's financial position?
Financial Position Analysis
Short Term Liabilities: LBV's short term assets (MAD4.7B) exceed its short term liabilities (MAD4.4B).
Long Term Liabilities: LBV's short term assets (MAD4.7B) exceed its long term liabilities (MAD3.1B).
Debt to Equity History and Analysis
Debt Level: LBV's debt to equity ratio (161.2%) is considered high.
Reducing Debt: LBV's debt to equity ratio has increased from 119.9% to 161.2% over the past 5 years.
Debt Coverage: LBV's debt is well covered by operating cash flow (21.5%).
Interest Coverage: LBV's interest payments on its debt are well covered by EBIT (21x coverage).
Balance Sheet
Dividend
What is Label Vie current dividend yield, its reliability and sustainability?
1.33%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LBV's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the MA market (2.22%).
High Dividend: LBV's dividend (1.33%) is low compared to the top 25% of dividend payers in the MA market (4.85%).
Stability and Growth of Payments
Stable Dividend: LBV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: LBV's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.8%), LBV's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LBV's dividends in 3 years are forecast to be well covered by earnings (48.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.8yrs
Average management tenure
CEO
Rachid Hadni
no data
Tenure
Mr. Rachid Hadni is a Director at Aradei Capital S.A. since September 15, 2015. He serves as General Manager of Label Vie S.A. and serves as its Director. Mr. Hadni has been the co-founder, reference share...
Leadership Team
Experienced Management: LBV's management team is seasoned and experienced (15.8 years average tenure).
Board Members
Experienced Board: LBV's board of directors are considered experienced (4.3 years average tenure).
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
Label Vie S.A.'s employee growth, exchange listings and data sources
Key Information
- Name: Label Vie S.A.
- Ticker: LBV
- Exchange: CBSE
- Founded: 1985
- Industry: Hypermarkets and Super Centers
- Sector: Consumer Retailing
- Market Cap: د.م12.775b
- Shares outstanding: 2.84m
- Website: https://www.labelvie.ma
Number of Employees
Location
- Label Vie S.A.
- Angle Av. Mehdi Ben Barka et Av. Annakhi
- Espace les Lauriers
- Rabat
- Morocco
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/18 21:42 |
| End of Day Share Price | 2021/10/18 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.