Cosumar Valuation

Is CSR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CSR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
د.م264.63
Fair Value
18.4% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: CSR (MAD216) is trading below our estimate of fair value (MAD264.63)

Significantly Below Fair Value: CSR is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for CSR?

Key metric: As CSR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CSR. This is calculated by dividing CSR's market cap by their current earnings.
What is CSR's PE Ratio?
PE Ratio19.4x
Earningsد.م1.05b
Market Capد.م20.41b

Price to Earnings Ratio vs Peers

How does CSR's PE Ratio compare to its peers?

The above table shows the PE ratio for CSR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average51.2x
LES Lesieur Cristal
138.2x39.5%د.م8.0b
MUT Mutandis
17.1xn/aد.م2.9b
DRI Dari Couspate
27.1xn/aد.م955.1m
CRS Cartier Saada
22.6xn/aد.م179.0m
CSR Cosumar
19.4x2.6%د.م20.4b

Price-To-Earnings vs Peers: CSR is good value based on its Price-To-Earnings Ratio (19.4x) compared to the peer average (51.2x).


Price to Earnings Ratio vs Industry

How does CSR's PE Ratio compare vs other companies in the African Food Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CSR 19.4xIndustry Avg. 10.0xNo. of Companies13PE0816243240+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CSR is expensive based on its Price-To-Earnings Ratio (19.4x) compared to the African Food industry average (10x).


Price to Earnings Ratio vs Fair Ratio

What is CSR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CSR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.4x
Fair PE Ratio15.1x

Price-To-Earnings vs Fair Ratio: CSR is expensive based on its Price-To-Earnings Ratio (19.4x) compared to the estimated Fair Price-To-Earnings Ratio (15.1x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CSR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentد.م216.00
د.م213.00
-1.4%
3.8%د.م221.00د.م205.00n/a2
Mar ’26د.م208.00
د.م211.50
+1.7%
4.5%د.م221.00د.م202.00n/a2
Feb ’26د.م205.00
د.م211.50
+3.2%
4.5%د.م221.00د.م202.00n/a2
Jan ’26د.م190.00
د.م211.50
+11.3%
4.5%د.م221.00د.م202.00n/a2
Dec ’25د.م197.50
د.م217.50
+10.1%
1.6%د.م221.00د.م214.00n/a2
Nov ’25د.م196.50
د.م217.50
+10.7%
1.6%د.م221.00د.م214.00n/a2
Oct ’25د.م190.00
د.م215.50
+13.4%
2.6%د.م221.00د.م210.00n/a2
Dec ’24د.م202.00
د.م201.00
-0.5%
1.5%د.م204.00د.م198.00د.م197.502
Nov ’24د.م202.00
د.م203.00
+0.5%
2.5%د.م208.00د.م198.00د.م196.502
Oct ’24د.م195.00
د.م206.50
+5.9%
4.1%د.م215.00د.م198.00د.م190.002
Sep ’24د.م204.80
د.م206.50
+0.8%
4.1%د.م215.00د.م198.00د.م184.002
Aug ’24د.م218.55
د.م206.50
-5.5%
4.1%د.م215.00د.م198.00د.م190.052
Jul ’24د.م195.00
د.م199.50
+2.3%
0.8%د.م201.00د.م198.00د.م196.002
Jun ’24د.م183.05
د.م199.50
+9.0%
0.8%د.م201.00د.م198.00د.م194.202
May ’24د.م175.55
د.م210.00
+19.6%
7.1%د.م225.00د.م195.00د.م198.002
Apr ’24د.م172.00
د.م210.00
+22.1%
7.1%د.م225.00د.م195.00د.م197.002
Mar ’24د.م180.00
د.م210.00
+16.7%
7.1%د.م225.00د.م195.00د.م194.002
Analyst Price Target
Consensus Narrative from 2 Analysts
د.م213.00
Fair Value
1.4% overvalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/21 00:10
End of Day Share Price 2025/03/21 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cosumar SA is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kais KriaaAlphaMena
Imen Ben AhmedAlphaMena
Dounia FilaliBmce Capital Bourse