SONASID S.A. produces and sells round-to-concrete and wire rods for the construction and industrial applications.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.م601.30|
|52 Week High||د.م191.10|
|52 Week Low||د.م660.00|
|1 Month Change||2.51%|
|3 Month Change||2.80%|
|1 Year Change||205.23%|
|3 Year Change||12.02%|
|5 Year Change||107.38%|
|Change since IPO||77.90%|
Recent News & Updates
|SID||MA Metals and Mining||MA Market|
Return vs Industry: SID exceeded the MA Metals and Mining industry which returned 34.9% over the past year.
Return vs Market: SID exceeded the MA Market which returned 26.6% over the past year.
Stable Share Price: SID is more volatile than 75% of MA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SID's weekly volatility (4%) has been stable over the past year, but is still higher than 75% of MA stocks.
About the Company
SONASID S.A. produces and sells round-to-concrete and wire rods for the construction and industrial applications. The company was founded in 1974 and is based in Casablanca, Morocco. SONASID S.A. is a subsidiary of Nouvelles Siderugies Industries.
SONASID Fundamentals Summary
|SID fundamental statistics|
Is SID overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SID income statement (TTM)|
|Cost of Revenue||د.م3.45b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||15.89|
|Net Profit Margin||1.55%|
How did SID perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is SONASID 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: SID (MAD601.3) is trading above our estimate of fair value (MAD87.88)
Significantly Below Fair Value: SID is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SID is poor value based on its PE Ratio (37.8x) compared to the African Metals and Mining industry average (6.8x).
PE vs Market: SID is poor value based on its PE Ratio (37.8x) compared to the MA market (26.8x).
Price to Earnings Growth Ratio
PEG Ratio: SID is poor value based on its PEG Ratio (5x)
Price to Book Ratio
PB vs Industry: SID is good value based on its PB Ratio (1.3x) compared to the MA Metals and Mining industry average (2.1x).
How is SONASID forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SID's forecast earnings growth (7.6% per year) is below the savings rate (9.1%).
Earnings vs Market: SID's earnings (7.6% per year) are forecast to grow slower than the MA market (13.1% per year).
High Growth Earnings: SID's earnings are forecast to grow, but not significantly.
Revenue vs Market: SID's revenue (1% per year) is forecast to grow slower than the MA market (6.7% per year).
High Growth Revenue: SID's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SID's Return on Equity is forecast to be low in 3 years time (5.7%).
How has SONASID performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SID has high quality earnings.
Growing Profit Margin: SID became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SID has become profitable over the past 5 years, growing earnings by 14.3% per year.
Accelerating Growth: SID has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SID has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (212.9%).
Return on Equity
High ROE: SID's Return on Equity (3.4%) is considered low.
How is SONASID's financial position?
Financial Position Analysis
Short Term Liabilities: SID's short term assets (MAD2.8B) exceed its short term liabilities (MAD1.9B).
Long Term Liabilities: SID's short term assets (MAD2.8B) exceed its long term liabilities (MAD553.3M).
Debt to Equity History and Analysis
Debt Level: SID is debt free.
Reducing Debt: SID currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: SID has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SID has no debt, therefore coverage of interest payments is not a concern.
What is SONASID current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SID's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the MA market (2.22%).
High Dividend: SID's dividend (1.16%) is low compared to the top 25% of dividend payers in the MA market (4.86%).
Stability and Growth of Payments
Stable Dividend: SID is not paying a notable dividend for the MA market, therefore no need to check if payments are stable.
Growing Dividend: SID is not paying a notable dividend for the MA market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SID is not paying a notable dividend for the MA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SID's dividend in 3 years as they are not forecast to pay a notable one for the MA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Ismail Akalay serves as Chief Executive Officer at SONASID S.A. since 2021. Mr. Akalay serves as General Manager of Mining and Industrial Activities - Morocco at Managem S.A. He served as General Direc...
Experienced Management: SID's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Experienced Board: SID's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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.
SONASID S.A.'s employee growth, exchange listings and data sources
- Name: SONASID S.A.
- Ticker: SID
- Exchange: CBSE
- Founded: 1974
- Industry: Steel
- Sector: Materials
- Market Cap: د.م2.345b
- Shares outstanding: 3.90m
- Website: https://www.sonasid.ma
Number of Employees
- SONASID S.A.
- Twin Center
- 18th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 16:30|
|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.