Mutandis SCA engages in the provision of various consumer goods in Morocco and Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.م246.00|
|52 Week High||د.م215.00|
|52 Week Low||د.م295.00|
|1 Month Change||-4.84%|
|3 Month Change||-6.46%|
|1 Year Change||7.42%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||35.91%|
Recent News & Updates
|MUT||MA Food||MA Market|
Return vs Industry: MUT underperformed the MA Food industry which returned 29.6% over the past year.
Return vs Market: MUT underperformed the MA Market which returned 26.4% over the past year.
Stable Share Price: MUT is not significantly more volatile than the rest of MA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MUT's weekly volatility (3%) has been stable over the past year.
About the Company
Mutandis SCA engages in the provision of various consumer goods in Morocco and Africa. It provides seafood and fruit juice products; detergents, including washing powder, multi-purpose paste, bleach, multi-surface cleaning liquids, and washing-up liquids; and PET bottles and plastic bottle-caps for sodas, mineral and table water, cooking oil, and fruit juice. The company also exports its products to Europe and the Middle East.
Mutandis Fundamentals Summary
|MUT fundamental statistics|
Is MUT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MUT income statement (TTM)|
|Cost of Revenue||د.م853.53m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||7.80|
|Net Profit Margin||4.45%|
How did MUT perform over the long term?See historical performance and comparison
3.5%Current Dividend Yield
Is Mutandis undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MUT (MAD246) is trading below our estimate of fair value (MAD328.46)
Significantly Below Fair Value: MUT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MUT is poor value based on its PE Ratio (31.6x) compared to the African Food industry average (13.6x).
PE vs Market: MUT is poor value based on its PE Ratio (31.6x) compared to the MA market (26.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MUT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MUT is good value based on its PB Ratio (2.1x) compared to the MA Food industry average (2.5x).
How is Mutandis forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MUT's forecast earnings growth is above the savings rate (9.1%).
Earnings vs Market: Insufficient data to determine if MUT's earnings are forecast to grow faster than the MA market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MUT's revenue (9.1% per year) is forecast to grow faster than the MA market (6.6% per year).
High Growth Revenue: MUT's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MUT's Return on Equity is forecast to be low in 3 years time (10%).
How has Mutandis performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MUT has high quality earnings.
Growing Profit Margin: MUT's current net profit margins (4.4%) are lower than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: MUT's earnings have grown by 2.4% per year over the past 5 years.
Accelerating Growth: MUT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MUT had negative earnings growth (-19.4%) over the past year, making it difficult to compare to the Food industry average (8%).
Return on Equity
High ROE: MUT's Return on Equity (6.6%) is considered low.
How is Mutandis's financial position?
Financial Position Analysis
Short Term Liabilities: MUT's short term assets (MAD764.4M) do not cover its short term liabilities (MAD903.7M).
Long Term Liabilities: MUT's short term assets (MAD764.4M) exceed its long term liabilities (MAD161.5M).
Debt to Equity History and Analysis
Debt Level: MUT's debt to equity ratio (61.6%) is considered high.
Reducing Debt: MUT's debt to equity ratio has reduced from 90.1% to 61.6% over the past 5 years.
Debt Coverage: Insufficient data to determine if MUT's debt is well covered by operating cash flow.
Interest Coverage: MUT's interest payments on its debt are well covered by EBIT (4.3x coverage).
What is Mutandis's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MUT's dividend (3.46%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).
High Dividend: MUT's dividend (3.46%) is low compared to the top 25% of dividend payers in the MA market (4.85%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MUT has been paying a dividend for less than 10 years.
Growing Dividend: MUT's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (108.6%), MUT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MUT's dividends in 3 years are forecast to be covered by earnings (67.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mutandis has no CEO, or we have no data on them.
Experienced Board: MUT's board of directors are considered experienced (4.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mutandis SCA's employee growth, exchange listings and data sources
- Name: Mutandis SCA
- Ticker: MUT
- Exchange: CBSE
- Founded: 2008
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: د.م1.967b
- Shares outstanding: 8.00m
- Website: https://www.mutandis.com
Number of Employees
- Mutandis SCA
- 5-7, rue Ibnou Toufail
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 21:43|
|End of Day Share Price||2021/10/18 00:00|
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.