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MOX

Maghreb OxygèneCBSE:MOX Stock Report

Market Cap

د.م236.0m

7D

12.4%

1Y

53.9%

Updated

17 Oct, 2021

Data

Company Financials
MOX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends1/6

MOX Overview

Maghreb Oxygène S.A. produces, packages, and distributes industrial and medical gases, and services in Morocco.

Price History & Performance

Summary of all time highs, changes and price drops for Maghreb Oxygène
Historical stock prices
Current Share Priceد.م290.50
52 Week Highد.م186.30
52 Week Lowد.م290.50
Beta-0.022
1 Month Change36.93%
3 Month Change52.73%
1 Year Change53.95%
3 Year Change93.02%
5 Year Change212.03%
Change since IPO-1.53%

Recent News & Updates

Shareholder Returns

MOXMA ChemicalsMA Market
7D12.4%-1.2%1.0%
1Y53.9%92.3%26.4%

Return vs Industry: MOX underperformed the MA Chemicals industry which returned 91.6% over the past year.

Return vs Market: MOX exceeded the MA Market which returned 26.4% over the past year.

Price Volatility

Is MOX's price volatile compared to industry and market?
MOX volatility
MOX Beta-0.022
Industry Beta1.92
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1977170Youssef Guennounhttps://www.maghreboxygene.ma

Maghreb Oxygène S.A. produces, packages, and distributes industrial and medical gases, and services in Morocco. The company offers oxygen, nitrogen, hydrogen, argon, and rare gases, as well as medical oxygen, nitrous oxide, carbon dioxide, and synthetic air. It also provides gas mixtures for diagnosis; helium to the magnetic resonance imaging equipment; the automatic or semi-automatic plants for the storage and distribution of gas; and equipment and medical furniture.

Maghreb Oxygène Fundamentals Summary

How do Maghreb Oxygène's earnings and revenue compare to its market cap?
MOX fundamental statistics
Market Capد.م236.03m
Earnings (TTM)د.م14.80m
Revenue (TTM)د.م249.78m

15.9x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MOX income statement (TTM)
Revenueد.م249.78m
Cost of Revenueد.م124.84m
Gross Profitد.م124.94m
Expensesد.م110.14m
Earningsد.م14.80m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)18.22
Gross Margin50.02%
Net Profit Margin5.93%
Debt/Equity Ratio44.4%

How did MOX perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

22%

Payout Ratio

Valuation

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

15.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MOX (MAD290.5) is trading above our estimate of fair value (MAD33.14)

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


Price To Earnings Ratio

PE vs Industry: MOX is poor value based on its PE Ratio (15.9x) compared to the African Chemicals industry average (12.4x).

PE vs Market: MOX is good value based on its PE Ratio (15.9x) compared to the MA market (26.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MOX is good value based on its PB Ratio (0.9x) compared to the XF Chemicals industry average (1.4x).


Future Growth

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

17.3%

Forecasted Materials 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 Maghreb Oxygène 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 Maghreb Oxygène performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOX has high quality earnings.

Growing Profit Margin: MOX's current net profit margins (5.9%) are lower than last year (6.1%).


Past Earnings Growth Analysis

Earnings Trend: MOX's earnings have grown by 10.2% per year over the past 5 years.

Accelerating Growth: MOX's earnings growth over the past year (1.1%) is below its 5-year average (10.2% per year).

Earnings vs Industry: MOX earnings growth over the past year (1.1%) underperformed the Chemicals industry 27%.


Return on Equity

High ROE: MOX's Return on Equity (5.6%) is considered low.


Financial Health

How is Maghreb Oxygène's financial position?


Financial Position Analysis

Short Term Liabilities: MOX's short term assets (MAD236.1M) exceed its short term liabilities (MAD115.0M).

Long Term Liabilities: MOX's short term assets (MAD236.1M) exceed its long term liabilities (MAD141.2M).


Debt to Equity History and Analysis

Debt Level: MOX's debt to equity ratio (44.4%) is considered high.

Reducing Debt: MOX's debt to equity ratio has reduced from 54.3% to 44.4% over the past 5 years.

Debt Coverage: MOX's debt is not well covered by operating cash flow (17.6%).

Interest Coverage: MOX's interest payments on its debt are well covered by EBIT (3.7x coverage).


Balance Sheet


Dividend

What is Maghreb Oxygène current dividend yield, its reliability and sustainability?

1.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MOX's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the MA market (2.22%).

High Dividend: MOX's dividend (1.38%) is low compared to the top 25% of dividend payers in the MA market (4.85%).


Stability and Growth of Payments

Stable Dividend: MOX's dividend payments have been volatile in the past 10 years.

Growing Dividend: MOX's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22%), MOX'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.


Next Steps

Management

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

9.8yrs

Average board tenure


CEO

Youssef Guennoun

5.75yrs

Tenure

Mr. Youssef Guennoun serves as President of Board and Chief Executive Officer at Maghreb Oxygène S.A. since 2016.


Board Members

Experienced Board: MOX's board of directors are considered experienced (9.8 years average tenure).


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

Maghreb Oxygène S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Maghreb Oxygène S.A.
  • Ticker: MOX
  • Exchange: CBSE
  • Founded: 1977
  • Industry: Industrial Gases
  • Sector: Materials
  • Market Cap: د.م236.031m
  • Shares outstanding: 812.50k
  • Website: https://www.maghreboxygene.ma

Number of Employees


Location

  • Maghreb Oxygène S.A.
  • 139, bd Moulay Ismaïl
  • 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 Analysis2021/10/17 16:30
End of Day Share Price2021/10/15 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.