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LBV

Label VieCBSE:LBV Stock Report

Market Cap

د.م12.8b

7D

4.7%

1Y

46.6%

Updated

18 Oct, 2021

Data

Company Financials +
LBV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends2/6

LBV Overview

Label Vie S.A. operates supermarkets, hypermarkets, and hyper-cash stores in Morocco.

Price History & Performance

Summary of all time highs, changes and price drops for Label Vie
Historical stock prices
Current Share Priceد.م4,500.00
52 Week Highد.م2,951.00
52 Week Lowد.م4,500.00
Beta-0.066
1 Month Change1.35%
3 Month Change13.07%
1 Year Change46.58%
3 Year Change126.59%
5 Year Change330.62%
Change since IPO275.00%

Recent News & Updates

Shareholder Returns

LBVMA Consumer RetailingMA Market
7D4.7%0.9%1.3%
1Y46.6%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

Is LBV's price volatile compared to industry and market?
LBV volatility
LBV Beta-0.066
Industry Beta0.57
Market Beta1

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

FoundedEmployeesCEOWebsite
19856,903Rachid Hadnihttps://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

How do Label Vie's earnings and revenue compare to its market cap?
LBV fundamental statistics
Market Capد.م12.78b
Earnings (TTM)د.م299.17m
Revenue (TTM)د.م10.96b

42.7x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LBV income statement (TTM)
Revenueد.م10.96b
Cost of Revenueد.م8.99b
Gross Profitد.م1.96b
Expensesد.م1.66b
Earningsد.م299.17m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)105.38
Gross Margin17.92%
Net Profit Margin2.73%
Debt/Equity Ratio161.2%

How did LBV perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

57%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 21:42
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.