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CMT

Compagnie Minière de TouissitCBSE:CMT Stock Report

Market Cap

د.م2.8b

7D

0%

1Y

18.6%

Updated

19 Oct, 2021

Data

Company Financials +
CMT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance1/6
Financial Health4/6
Dividends2/6

CMT Overview

Compagnie Minière de Touissit S.A. engages in the mining, exploration, extraction, and processing of base metals, precious metals, and industrial minerals in Morocco.

Price History & Performance

Summary of all time highs, changes and price drops for Compagnie Minière de Touissit
Historical stock prices
Current Share Priceد.م1,661.00
52 Week Highد.م1,373.00
52 Week Lowد.م1,790.00
Beta0.75
1 Month Change-1.83%
3 Month Change-0.30%
1 Year Change18.64%
3 Year Change14.95%
5 Year Change56.40%
Change since IPO71.24%

Recent News & Updates

Shareholder Returns

CMTMA Metals and MiningMA Market
7D0%0.4%1.3%
1Y18.6%34.9%26.6%

Return vs Industry: CMT underperformed the MA Metals and Mining industry which returned 34.9% over the past year.

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

Price Volatility

Is CMT's price volatile compared to industry and market?
CMT volatility
CMT Beta0.75
Industry Beta1.16
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1974n/aLuc-Gerard Nyafehttps://www.cmt.ma

Compagnie Minière de Touissit S.A. engages in the mining, exploration, extraction, and processing of base metals, precious metals, and industrial minerals in Morocco. The company explores for lead, silver, zinc, gold, and Tungsten. Compagnie Minière de Touissit S.A. was founded in 1974 and is headquartered in Casablanca, Morocco.

Compagnie Minière de Touissit Fundamentals Summary

How do Compagnie Minière de Touissit's earnings and revenue compare to its market cap?
CMT fundamental statistics
Market Capد.م2.79b
Earnings (TTM)د.م44.56m
Revenue (TTM)د.م429.75m

62.7x

P/E Ratio

6.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMT income statement (TTM)
Revenueد.م429.75m
Cost of Revenueد.م114.27m
Gross Profitد.م315.48m
Expensesد.م270.92m
Earningsد.م44.56m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)26.50
Gross Margin73.41%
Net Profit Margin10.37%
Debt/Equity Ratio30.2%

How did CMT perform over the long term?

See historical performance and comparison

Dividends

7.2%

Current Dividend Yield

453%

Payout Ratio

Valuation

Is Compagnie Minière de Touissit undervalued compared to its fair value and its price relative to the market?

62.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CMT (MAD1661) is trading above our estimate of fair value (MAD681.41)

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


Price To Earnings Ratio

PE vs Industry: CMT is poor value based on its PE Ratio (62.7x) compared to the African Metals and Mining industry average (6.8x).

PE vs Market: CMT is poor value based on its PE Ratio (62.7x) compared to the MA market (26.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CMT is overvalued based on its PB Ratio (4.3x) compared to the MA Metals and Mining industry average (2.1x).


Future Growth

How is Compagnie Minière de Touissit forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

10.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if CMT's forecast earnings growth is above the savings rate (9.1%).

Earnings vs Market: Insufficient data to determine if CMT'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: CMT's revenue (10.5% per year) is forecast to grow faster than the MA market (6.7% per year).

High Growth Revenue: CMT's revenue (10.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CMT's Return on Equity is forecast to be high in 3 years time (24.5%)


Past Performance

How has Compagnie Minière de Touissit performed over the past 5 years?

-4.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CMT has high quality earnings.

Growing Profit Margin: CMT's current net profit margins (10.4%) are lower than last year (36%).


Past Earnings Growth Analysis

Earnings Trend: CMT's earnings have declined by 4.4% per year over the past 5 years.

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

Earnings vs Industry: CMT had negative earnings growth (-75.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (212.9%).


Return on Equity

High ROE: CMT's Return on Equity (6.8%) is considered low.


Financial Health

How is Compagnie Minière de Touissit's financial position?


Financial Position Analysis

Short Term Liabilities: CMT's short term assets (MAD394.7M) exceed its short term liabilities (MAD36.1M).

Long Term Liabilities: CMT's short term assets (MAD394.7M) exceed its long term liabilities (MAD338.3M).


Debt to Equity History and Analysis

Debt Level: CMT's debt to equity ratio (30.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CMT's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CMT's debt is well covered by operating cash flow (70%).

Interest Coverage: CMT's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


Dividend

What is Compagnie Minière de Touissit current dividend yield, its reliability and sustainability?

7.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CMT's dividend (7.22%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).

High Dividend: CMT's dividend (7.22%) is in the top 25% of dividend payers in the MA market (4.86%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CMT has been paying a dividend for less than 10 years.

Growing Dividend: CMT has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (452.8%), CMT's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CMT's dividends in 3 years are not forecast to be well covered by earnings (161.3% payout ratio).


Next Steps

Management

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

1.7yrs

Average board tenure


CEO

Luc-Gerard Nyafe

no data

Tenure

Mr. Luc-Gerard Nyafe serves as Chairman and Chief Executive Officer at Compagnie Minière de Touissit S.A and has been its Director since February 19, 2020.


Board Members

Experienced Board: CMT's board of directors are not considered experienced ( 1.7 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

Compagnie Minière de Touissit S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Compagnie Minière de Touissit S.A.
  • Ticker: CMT
  • Exchange: CBSE
  • Founded: 1974
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: د.م2.793b
  • Shares outstanding: 1.68m
  • Website: https://www.cmt.ma

Location

  • Compagnie Minière de Touissit S.A.
  • SIGMA building
  • 5th Floor
  • Casablanca
  • 20 270
  • 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
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.