MLE

Maroc LeasingCBSE:MLE Stock Report

Market Cap

د.م1.0b

7D

-2.7%

1Y

n/a

Updated

26 Oct, 2021

Data

Company Financials
MLE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health1/6
Dividends1/6

MLE Overview

Maroc Leasing S.A. provides equipment and real estate leasing services in Morocco.

Price History & Performance

Summary of all time highs, changes and price drops for Maroc Leasing
Historical stock prices
Current Share Priceد.م366.00
52 Week Highد.م366.00
52 Week Lowد.م470.35
Beta-0.16
1 Month Change-8.50%
3 Month Change-2.40%
1 Year Changen/a
3 Year Changen/a
5 Year Change-7.34%
Change since IPO59.13%

Recent News & Updates

Shareholder Returns

MLEMA Consumer FinanceMA Market
7D-2.7%0.3%0.3%
1Yn/a65.7%25.1%

Return vs Industry: Insufficient data to determine how MLE performed against the MA Consumer Finance industry.

Return vs Market: Insufficient data to determine how MLE performed against the MA Market.

Price Volatility

Is MLE's price volatile compared to industry and market?
MLE volatility
MLE Beta-0.16
Industry Beta1.35
Market Beta1

Stable Share Price: Insufficient data to determine MLE's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine MLE's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
1965102Mohamed Ladidhttps://www.marocleasing.ma

Maroc Leasing S.A. provides equipment and real estate leasing services in Morocco. It offers lease finance for computers and computer systems; furniture and office equipment; telephone systems; photography and printing equipment; medical materials; building and public works equipment; heavy equipment; transport and handling equipment, such as vehicles, buses, trucks, and trailers; and passenger cars. The company also leases company buildings, office trays and buildings, and warehouses and distribution centers.

Maroc Leasing Fundamentals Summary

How do Maroc Leasing's earnings and revenue compare to its market cap?
MLE fundamental statistics
Market Capد.م1.02b
Earnings (TTM)د.م19.41m
Revenue (TTM)د.م3.13b

52.4x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MLE income statement (TTM)
Revenueد.م3.13b
Cost of Revenueد.م2.86b
Gross Profitد.م267.08m
Expensesد.م247.68m
Earningsد.م19.41m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)6.99
Gross Margin8.53%
Net Profit Margin0.62%
Debt/Equity Ratio994.9%

How did MLE perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

171%

Payout Ratio

Valuation

Is Maroc Leasing undervalued compared to its fair value and its price relative to the market?

52.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MLE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MLE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MLE is poor value based on its PE Ratio (52.4x) compared to the African Consumer Finance industry average (32.6x).

PE vs Market: MLE is poor value based on its PE Ratio (52.4x) compared to the MA market (26.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MLE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MLE is good value based on its PB Ratio (1.1x) compared to the XF Consumer Finance industry average (1.5x).


Future Growth

How is Maroc Leasing forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Maroc Leasing has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Maroc Leasing performed over the past 5 years?

-2.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MLE has high quality earnings.

Growing Profit Margin: MLE's current net profit margins (0.6%) are lower than last year (2.2%).


Past Earnings Growth Analysis

Earnings Trend: MLE's earnings have declined by 2.1% per year over the past 5 years.

Accelerating Growth: MLE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: MLE had negative earnings growth (-73.1%) over the past year, making it difficult to compare to the Consumer Finance industry average (-50.8%).


Return on Equity

High ROE: MLE's Return on Equity (2.1%) is considered low.


Financial Health

How is Maroc Leasing's financial position?


Financial Position Analysis

Short Term Liabilities: MLE's short term assets (MAD133.4M) do not cover its short term liabilities (MAD4.0B).

Long Term Liabilities: MLE's short term assets (MAD133.4M) do not cover its long term liabilities (MAD6.7B).


Debt to Equity History and Analysis

Debt Level: MLE's debt to equity ratio (994.9%) is considered high.

Reducing Debt: MLE's debt to equity ratio has reduced from 1101.3% to 994.9% over the past 5 years.

Debt Coverage: MLE's debt is not well covered by operating cash flow (0.2%).

Interest Coverage: Insufficient data to determine if MLE's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Maroc Leasing current dividend yield, its reliability and sustainability?

3.28%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MLE's dividend (3.28%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).

High Dividend: MLE's dividend (3.28%) is low compared to the top 25% of dividend payers in the MA market (4.84%).


Stability and Growth of Payments

Stable Dividend: MLE's dividend payments have been volatile in the past 10 years.

Growing Dividend: MLE's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (171.4%), MLE's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Mohamed Ladid

no data

Tenure

Mr. Mohamed Ladid serves as Deputy Chief Executive Officer at Maroc Leasing S.A. and is Incharge of Operations & Commitments.


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

Maroc Leasing S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Maroc Leasing S.A.
  • Ticker: MLE
  • Exchange: CBSE
  • Founded: 1965
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: د.م1.016b
  • Shares outstanding: 2.78m
  • Website: https://www.marocleasing.ma

Number of Employees


Location

  • Maroc Leasing S.A.
  • 57, Angle rue Pinel
  • Boulevard Abdelmoumen
  • Casablanca
  • Morocco

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:32
End of Day Share Price2021/10/25 00:00
Earnings2020/12/31
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.