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GAZ

Afriquia GazCBSE:GAZ Stock Report

Market Cap

د.م16.8b

7D

2.5%

1Y

32.4%

Updated

26 Oct, 2021

Data

Company Financials +
GAZ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance1/6
Financial Health4/6
Dividends4/6

GAZ Overview

Afriquia Gaz SA distributes liquefied petroleum gas (LPG), butane, and propane in Morocco.

Afriquia Gaz Competitors

TotalEnergies

ENXTPA:TTE

€115.5b

Vivo Energy

LSE:VVO

UK£1.4b

Ghana Oil

GHSE:GOIL

GH₵666.2m

Forza Petroleum

TSX:FORZ

CA$107.0m

Price History & Performance

Summary of all time highs, changes and price drops for Afriquia Gaz
Historical stock prices
Current Share Priceد.م4,900.00
52 Week Highد.م3,550.00
52 Week Lowد.م4,900.00
Beta0.12
1 Month Change6.52%
3 Month Change12.46%
1 Year Change32.43%
3 Year Change66.27%
5 Year Change113.04%
Change since IPO1,242.47%

Recent News & Updates

Shareholder Returns

GAZMA Oil and GasMA Market
7D2.5%0.2%1.7%
1Y32.4%38.0%26.7%

Return vs Industry: GAZ underperformed the MA Oil and Gas industry which returned 34% over the past year.

Return vs Market: GAZ exceeded the MA Market which returned 25.1% over the past year.

Price Volatility

Is GAZ's price volatile compared to industry and market?
GAZ volatility
GAZ Beta0.12
Industry Beta0.54
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1992818Ali Wakrimhttps://www.afriquiagaz.com

Afriquia Gaz SA distributes liquefied petroleum gas (LPG), butane, and propane in Morocco. The company offers LPG bottles and tanks for individual and professional gas needs. It also provides a range of energy solutions.

Afriquia Gaz Fundamentals Summary

How do Afriquia Gaz's earnings and revenue compare to its market cap?
GAZ fundamental statistics
Market Capد.م16.84b
Earnings (TTM)د.م362.24m
Revenue (TTM)د.م5.74b

46.5x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GAZ income statement (TTM)
Revenueد.م5.74b
Cost of Revenueد.م4.00b
Gross Profitد.م1.74b
Expensesد.م1.38b
Earningsد.م362.24m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)105.38
Gross Margin30.30%
Net Profit Margin6.31%
Debt/Equity Ratio36.8%

How did GAZ perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

119%

Payout Ratio

Valuation

Is Afriquia Gaz undervalued compared to its fair value and its price relative to the market?

46.5x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GAZ (MAD4900) is trading above our estimate of fair value (MAD1718.91)

Significantly Below Fair Value: GAZ is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GAZ is poor value based on its PE Ratio (46.5x) compared to the African Oil and Gas industry average (7.1x).

PE vs Market: GAZ is poor value based on its PE Ratio (46.5x) compared to the MA market (26.8x).


Price to Earnings Growth Ratio

PEG Ratio: GAZ is poor value based on its PEG Ratio (2.6x)


Price to Book Ratio

PB vs Industry: GAZ is overvalued based on its PB Ratio (5.9x) compared to the XF Oil and Gas industry average (1.1x).


Future Growth

How is Afriquia Gaz forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

18.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GAZ's forecast earnings growth (18.2% per year) is above the savings rate (9.1%).

Earnings vs Market: GAZ's earnings (18.2% per year) are forecast to grow faster than the MA market (13.2% per year).

High Growth Earnings: GAZ's earnings are forecast to grow, but not significantly.

Revenue vs Market: GAZ's revenue (6.2% per year) is forecast to grow slower than the MA market (6.8% per year).

High Growth Revenue: GAZ's revenue (6.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GAZ's Return on Equity is forecast to be high in 3 years time (20.5%)


Past Performance

How has Afriquia Gaz performed over the past 5 years?

2.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GAZ has a high level of non-cash earnings.

Growing Profit Margin: GAZ's current net profit margins (6.3%) are lower than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: GAZ's earnings have grown by 2.8% per year over the past 5 years.

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

Earnings vs Industry: GAZ had negative earnings growth (-48.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (50.7%).


Return on Equity

High ROE: GAZ's Return on Equity (12.6%) is considered low.


Financial Health

How is Afriquia Gaz's financial position?


Financial Position Analysis

Short Term Liabilities: GAZ's short term assets (MAD2.5B) do not cover its short term liabilities (MAD2.9B).

Long Term Liabilities: GAZ's short term assets (MAD2.5B) exceed its long term liabilities (MAD1.5B).


Debt to Equity History and Analysis

Debt Level: GAZ's debt to equity ratio (36.8%) is considered satisfactory.

Reducing Debt: GAZ's debt to equity ratio has reduced from 50% to 36.8% over the past 5 years.

Debt Coverage: GAZ's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: GAZ's interest payments on its debt are well covered by EBIT (22.5x coverage).


Balance Sheet


Dividend

What is Afriquia Gaz current dividend yield, its reliability and sustainability?

2.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GAZ's dividend (2.55%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).

High Dividend: GAZ's dividend (2.55%) is low compared to the top 25% of dividend payers in the MA market (4.85%).


Stability and Growth of Payments

Stable Dividend: GAZ's dividends per share have been stable in the past 10 years.

Growing Dividend: GAZ's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (119%), GAZ's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GAZ's dividends in 3 years are forecast to be covered by earnings (60.4% payout ratio).


Next Steps

Management

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


CEO

Ali Wakrim

no data

Tenure

Mr. Ali Wakrim serves as the Chairman and Chief Executive Officer of Afriquia Gaz SA.


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

Afriquia Gaz SA's employee growth, exchange listings and data sources


Key Information

  • Name: Afriquia Gaz SA
  • Ticker: GAZ
  • Exchange: CBSE
  • Founded: 1992
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: د.م16.844b
  • Shares outstanding: 3.44m
  • Website: https://www.afriquiagaz.com

Number of Employees


Location

  • Afriquia Gaz SA
  • 139, Bd Moulay Ismail
  • Casablanca
  • 20700
  • 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.