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LES

Lesieur CristalCBSE:LES Stock Report

Market Cap

د.م5.2b

7D

-3.4%

1Y

13.3%

Updated

19 Oct, 2021

Data

Company Financials +
LES fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance1/6
Financial Health5/6
Dividends0/6

LES Overview

Lesieur Cristal S.A. packages and markets oils, soaps, and hygiene products in Morocco.

Rewards

Trading at 6.7% below our estimate of its fair value

Earnings are forecast to grow 20.46% per year

Risk Analysis

No risks detected for LES from our risk checks.

Lesieur Cristal Competitors

Mutandis

CBSE:MUT

د.م2.0b

Price History & Performance

Summary of all time highs, changes and price drops for Lesieur Cristal
Historical stock prices
Current Share Priceد.م186.50
52 Week Highد.م154.65
52 Week Lowد.م209.00
Beta0.49
1 Month Change-0.27%
3 Month Change-1.84%
1 Year Change13.31%
3 Year Change24.33%
5 Year Change52.25%
Change since IPO31,422.71%

Recent News & Updates

Shareholder Returns

LESMA FoodMA Market
7D-3.4%-0.4%1.0%
1Y13.3%27.4%26.4%

Return vs Industry: LES underperformed the MA Food industry which returned 29.3% over the past year.

Return vs Market: LES underperformed the MA Market which returned 26.6% over the past year.

Price Volatility

Is LES's price volatile compared to industry and market?
LES volatility
LES Beta0.49
Industry Beta0.52
Market Beta1

Stable Share Price: LES is not significantly more volatile than the rest of MA stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: LES's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1908860Samir Oudghirihttps://www.lesieur-cristal.ma

Lesieur Cristal S.A. packages and markets oils, soaps, and hygiene products in Morocco. It offers table oil, olive oil, and body and household soaps. The company also exports its products to approximately 40 countries primarily Africa and the Mediterranean.

Lesieur Cristal Fundamentals Summary

How do Lesieur Cristal's earnings and revenue compare to its market cap?
LES fundamental statistics
Market Capد.م5.15b
Earnings (TTM)د.م138.00m
Revenue (TTM)د.م4.25b

37.3x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LES income statement (TTM)
Revenueد.م4.25b
Cost of Revenueد.م3.32b
Gross Profitد.م927.00m
Expensesد.م789.00m
Earningsد.م138.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.99
Gross Margin21.81%
Net Profit Margin3.25%
Debt/Equity Ratio11.3%

How did LES perform over the long term?

See historical performance and comparison

Valuation

Is Lesieur Cristal undervalued compared to its fair value and its price relative to the market?

6.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LES (MAD186.5) is trading below our estimate of fair value (MAD199.86)

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


Price To Earnings Ratio

PE vs Industry: LES is poor value based on its PE Ratio (37.3x) compared to the African Food industry average (13.7x).

PE vs Market: LES is poor value based on its PE Ratio (37.3x) compared to the MA market (26.8x).


Price to Earnings Growth Ratio

PEG Ratio: LES is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: LES is overvalued based on its PB Ratio (2.9x) compared to the MA Food industry average (2.5x).


Future Growth

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

20.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LES's forecast earnings growth (20.5% per year) is above the savings rate (9.1%).

Earnings vs Market: LES's earnings (20.5% per year) are forecast to grow faster than the MA market (13.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LES's revenue (3.4% per year) is forecast to grow slower than the MA market (6.7% per year).

High Growth Revenue: LES's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LES's Return on Equity is forecast to be low in 3 years time (11.4%).


Past Performance

How has Lesieur Cristal performed over the past 5 years?

-9.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LES has high quality earnings.

Growing Profit Margin: LES's current net profit margins (3.2%) are lower than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: LES's earnings have declined by 9.7% per year over the past 5 years.

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

Earnings vs Industry: LES had negative earnings growth (-1.4%) over the past year, making it difficult to compare to the Food industry average (8%).


Return on Equity

High ROE: LES's Return on Equity (7.8%) is considered low.


Financial Health

How is Lesieur Cristal's financial position?


Financial Position Analysis

Short Term Liabilities: LES's short term assets (MAD3.6B) exceed its short term liabilities (MAD2.8B).

Long Term Liabilities: LES's short term assets (MAD3.6B) exceed its long term liabilities (MAD649.0M).


Debt to Equity History and Analysis

Debt Level: LES's debt to equity ratio (11.3%) is considered satisfactory.

Reducing Debt: LES's debt to equity ratio has increased from 2.1% to 11.3% over the past 5 years.

Debt Coverage: LES's debt is well covered by operating cash flow (165.5%).

Interest Coverage: LES's interest payments on its debt are well covered by EBIT (23.5x coverage).


Balance Sheet


Dividend

What is Lesieur Cristal current dividend yield, its reliability and sustainability?

2.24%

Forecast Dividend Yield


Upcoming Dividend Payment

TodayOct 20 2021Ex Dividend DateNov 17 2021Dividend Pay DateNov 29 202112 days from Ex DividendBuy in the next 27 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: Unable to evaluate LES's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LES's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LES's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LES's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: LES is not paying a notable dividend for the MA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LES's dividend in 3 years as they are not forecast to pay a notable one for the MA market.


Next Steps

Management

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


CEO

Samir Oudghiri

no data

Tenure

Mr. Samir Idrissi Oudghiri is General Manager of Lesieur Cristal S.A. He is Independent Director of Managem S.A. from June 25, 2020.


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

Lesieur Cristal S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Lesieur Cristal S.A.
  • Ticker: LES
  • Exchange: CBSE
  • Founded: 1908
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: د.م5.153b
  • Shares outstanding: 27.63m
  • Website: https://www.lesieur-cristal.ma

Number of Employees


Location

  • Lesieur Cristal S.A.
  • 1, rue Caporal Corbi
  • Roches Noires
  • Casablanca
  • 20300
  • Morocco

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 16:30
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.