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AGM

AgmaCBSE:AGM Stock Report

Market Cap

د.م900.0m

7D

3.5%

1Y

40.6%

Updated

14 Oct, 2021

Data

Company Financials
AGM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

AGM Overview

Agma SA engages in the insurance and reinsurance consulting and brokerage business in Morocco.

Price History & Performance

Summary of all time highs, changes and price drops for Agma
Historical stock prices
Current Share Priceد.م4,500.00
52 Week Highد.م3,200.00
52 Week Lowد.م4,614.00
Beta0.094
1 Month Change7.63%
3 Month Change1.53%
1 Year Change40.58%
3 Year Change55.17%
5 Year Change98.68%
Change since IPO123.66%

Recent News & Updates

Shareholder Returns

AGMMA InsuranceMA Market
7D3.5%1.6%0.9%
1Y40.6%27.6%24.4%

Return vs Industry: AGM exceeded the MA Insurance industry which returned 27.6% over the past year.

Return vs Market: AGM exceeded the MA Market which returned 24.4% over the past year.

Price Volatility

Is AGM's price volatile compared to industry and market?
AGM volatility
AGM Beta0.094
Industry Beta0.81
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1965161Rachida Benabdallahhttps://www.agma.ma

Agma SA engages in the insurance and reinsurance consulting and brokerage business in Morocco. The company offers automobile, death, disability, illness, accident, travel assistance, and retirement insurance products for individuals. It also provides industrial multi-risk, fire/explosions, machinery breakdown, water damage, flight, and icebreakers and signs insurance products; professional and school liability, and civil liability corporate officers insurance products; operating losses, transported goods, credit, and cyber security insurance products; and all risks site and assembly insurance products.

Agma Fundamentals Summary

How do Agma's earnings and revenue compare to its market cap?
AGM fundamental statistics
Market Capد.م900.00m
Earnings (TTM)د.م50.16m
Revenue (TTM)د.م130.59m

17.9x

P/E Ratio

6.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AGM income statement (TTM)
Revenueد.م130.59m
Cost of Revenueد.م45.97m
Gross Profitد.م84.61m
Expensesد.م34.46m
Earningsد.م50.16m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)250.78
Gross Margin64.80%
Net Profit Margin38.41%
Debt/Equity Ratio0%

How did AGM perform over the long term?

See historical performance and comparison

Dividends

5.2%

Current Dividend Yield

n/a

Payout Ratio

Valuation

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

17.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AGM (MAD4500) is trading above our estimate of fair value (MAD1697.8)

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


Price To Earnings Ratio

PE vs Industry: AGM is poor value based on its PE Ratio (17.9x) compared to the MA Insurance industry average (16.4x).

PE vs Market: AGM is good value based on its PE Ratio (17.9x) compared to the MA market (27x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AGM is overvalued based on its PB Ratio (7.5x) compared to the MA Insurance industry average (3.5x).


Future Growth

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

27.1%

Forecasted Insurance 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 Agma 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 Agma performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AGM has high quality earnings.

Growing Profit Margin: AGM's current net profit margins (38.4%) are higher than last year (37.6%).


Past Earnings Growth Analysis

Earnings Trend: AGM's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: AGM's earnings growth over the past year (4.4%) is below its 5-year average (7.5% per year).

Earnings vs Industry: AGM earnings growth over the past year (4.4%) underperformed the Insurance industry 26.8%.


Return on Equity

High ROE: AGM's Return on Equity (41.9%) is considered outstanding.


Financial Health

How is Agma's financial position?


Financial Position Analysis

Short Term Liabilities: AGM's short term assets (MAD98.0M) do not cover its short term liabilities (MAD140.5M).

Long Term Liabilities: AGM's short term assets (MAD98.0M) do not cover its long term liabilities (MAD102.0M).


Debt to Equity History and Analysis

Debt Level: AGM is debt free.

Reducing Debt: AGM has no debt compared to 5 years ago when its debt to equity ratio was 5.5%.

Debt Coverage: AGM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AGM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Agma current dividend yield, its reliability and sustainability?

5.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: AGM's dividend (5.22%) is higher than the bottom 25% of dividend payers in the MA market (2.24%).

High Dividend: AGM's dividend (5.22%) is in the top 25% of dividend payers in the MA market (4.88%)


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are 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?

2.1yrs

Average board tenure


CEO

Rachida Benabdallah

no data

Tenure

Ms. Rachida Benabdallah serves as Chairman of the Board and Chief Executive Officer of Agma S.A.


Board Members

Experienced Board: AGM's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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

Agma SA's employee growth, exchange listings and data sources


Key Information

  • Name: Agma SA
  • Ticker: AGM
  • Exchange: CBSE
  • Founded: 1965
  • Industry: Insurance Brokers
  • Sector: Insurance
  • Market Cap: د.م900.000m
  • Shares outstanding: 200.00k
  • Website: https://www.agma.ma

Number of Employees


Location

  • Agma SA
  • 102, rue Abderrahmane Sahraoui
  • Casablanca
  • 20 070
  • Morocco

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 21:23
End of Day Share Price2021/10/14 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.