Saham Assurance S.A. provides insurance services to private and institutional clients in Morocco.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.م1,348.00|
|52 Week High||د.م1,125.00|
|52 Week Low||د.م1,350.00|
|1 Month Change||1.74%|
|3 Month Change||8.71%|
|1 Year Change||n/a|
|3 Year Change||-3.71%|
|5 Year Change||33.73%|
|Change since IPO||-2.88%|
Recent News & Updates
|SAH||MA Insurance||MA Market|
Return vs Industry: Insufficient data to determine how SAH performed against the MA Insurance industry.
Return vs Market: Insufficient data to determine how SAH performed against the MA Market.
Stable Share Price: Insufficient data to determine SAH's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine SAH's volatility change over the past year.
About the Company
Saham Assurance S.A. provides insurance services to private and institutional clients in Morocco. It offers automotive, home, health, individual accident, savings, travel, hunting, and pleasure insurance services. The company was formerly known as CNIA Saada Assurance SA and changed its name to Saham Assurance SA in March 2014.
SAHAM Assurance Fundamentals Summary
|SAH fundamental statistics|
Is SAH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SAH income statement (TTM)|
|Cost of Revenue||د.م4.43b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||166.68|
|Net Profit Margin||10.27%|
How did SAH perform over the long term?See historical performance and comparison
1.5%Current Dividend Yield
Is SAHAM Assurance undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SAH (MAD1348) is trading above our estimate of fair value (MAD137.77)
Significantly Below Fair Value: SAH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SAH is good value based on its PE Ratio (8.1x) compared to the MA Insurance industry average (16.8x).
PE vs Market: SAH is good value based on its PE Ratio (8.1x) compared to the MA market (26.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SAH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SAH is good value based on its PB Ratio (1.1x) compared to the MA Insurance industry average (3.6x).
How is SAHAM Assurance forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 SAHAM Assurance 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.
How has SAHAM Assurance performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAH has high quality earnings.
Growing Profit Margin: SAH's current net profit margins (10.3%) are higher than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: SAH's earnings have declined by 2.9% per year over the past 5 years.
Accelerating Growth: SAH's earnings growth over the past year (831.5%) exceeds its 5-year average (-2.9% per year).
Earnings vs Industry: SAH earnings growth over the past year (831.5%) exceeded the Insurance industry 26.8%.
Return on Equity
High ROE: SAH's Return on Equity (13.6%) is considered low.
How is SAHAM Assurance's financial position?
Financial Position Analysis
Short Term Liabilities: SAH's short term assets (MAD17.4B) exceed its short term liabilities (MAD1.6B).
Long Term Liabilities: SAH's short term assets (MAD17.4B) exceed its long term liabilities (MAD16.7B).
Debt to Equity History and Analysis
Debt Level: SAH's debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: SAH's debt to equity ratio has reduced from 71.8% to 8% over the past 5 years.
Debt Coverage: SAH's debt is well covered by operating cash flow (2299.4%).
Interest Coverage: Insufficient data to determine if SAH's interest payments on its debt are well covered by EBIT.
What is SAHAM Assurance current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SAH's dividend (1.48%) isn’t notable compared to the bottom 25% of dividend payers in the MA market (2.22%).
High Dividend: SAH's dividend (1.48%) is low compared to the top 25% of dividend payers in the MA market (4.86%).
Stability and Growth of Payments
Stable Dividend: SAH's dividends per share have been stable in the past 10 years.
Growing Dividend: SAH's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.5%), SAH's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Christophe Buso (56 yo)
Mr. Christophe Buso serves as Managing Director of Saham Assurance SA. He served as Managing Director of Groupama Centre Atlantique. Mr. Buso served as Managing Director of Groupama Centre-Atlantique at Gr...
Experienced Management: SAH's management team is considered experienced (2.8 years average tenure).
Experienced Board: SAH's board of directors are considered experienced (3.1 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.
SAHAM Assurance S.A.'s employee growth, exchange listings and data sources
- Name: SAHAM Assurance S.A.
- Ticker: SAH
- Exchange: CBSE
- Founded: 1949
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: د.م5.550b
- Shares outstanding: 4.12m
- Website: https://sahamassurance.ma
- SAHAM Assurance S.A.
- 216, Boulevard Zerktouni
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:00|
|End of Day Share Price||2021/10/21 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.