SONASID Valuation
Is SID undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SID?
Other financial metrics that can be useful for relative valuation.
| What is SID's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | د.م2.30b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.3x |
| Enterprise Value/EBITDA | 4.1x |
| PEG Ratio | 0.9x |
Price to Earnings Ratio vs Peers
How does SID's PE Ratio compare to its peers?
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 25.5x | ||
SMI Societe Metallurgique d'Imiter société anonyme | 55.8x | n/a | د.م2.2b |
CMT Compagnie Minière de Touissit | 16.7x | 20.3% | د.م2.9b |
SNP Société Nationale d'Electrolyse et de Pétrochimie | 8.5x | n/a | د.م1.2b |
COL Colorado | 21x | n/a | د.م696.3m |
SID SONASID | 19.1x | 21.7% | د.م2.3b |
Price-To-Earnings vs Peers: SID is good value based on its Price-To-Earnings Ratio (19.1x) compared to the peer average (25.5x).
Price to Earnings Ratio vs Industry
How does SID's PE Ratio compare vs other companies in the African Metals and Mining Industry?
Price to Earnings Ratio vs Fair Ratio
What is SID's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 19.1x |
| Fair PE Ratio | 17.2x |
Price-To-Earnings vs Fair Ratio: SID is expensive based on its Price-To-Earnings Ratio (19.1x) compared to the estimated Fair Price-To-Earnings Ratio (17.2x).
Share Price vs Fair Value
What is the Fair Price of SID when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SID (MAD480.1) is trading above our estimate of fair value (MAD342.67)
Significantly Below Fair Value: SID is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | د.م590.00 | د.م898.00 +52.2% | 6.1% | د.م953.00 | د.م843.00 | n/a | 2 |
| Jan ’24 | د.م520.00 | د.م895.50 +72.2% | 6.4% | د.م953.00 | د.م838.00 | n/a | 2 |
| Dec ’23 | د.م570.00 | د.م895.50 +57.1% | 6.4% | د.م953.00 | د.م838.00 | n/a | 2 |
| Nov ’23 | د.م595.00 | د.م895.50 +50.5% | 6.4% | د.م953.00 | د.م838.00 | n/a | 2 |
| Oct ’23 | د.م650.00 | د.م895.50 +37.8% | 6.4% | د.م953.00 | د.م838.00 | n/a | 2 |
| Sep ’23 | د.م750.00 | د.م921.00 +22.8% | 3.5% | د.م953.00 | د.م889.00 | n/a | 2 |
| Aug ’23 | د.م732.50 | د.م921.00 +25.7% | 3.5% | د.م953.00 | د.م889.00 | n/a | 2 |
| Jul ’23 | د.م685.80 | د.م889.00 +29.6% | 0% | د.م889.00 | د.م889.00 | n/a | 1 |
| Jun ’23 | د.م838.90 | د.م718.00 -14.4% | 11.0% | د.م797.00 | د.م639.00 | n/a | 2 |
| May ’23 | د.م850.00 | د.م718.00 -15.5% | 11.0% | د.م797.00 | د.م639.00 | n/a | 2 |
| Apr ’23 | د.م749.00 | د.م627.00 -16.3% | 23.0% | د.م797.00 | د.م445.00 | n/a | 3 |
| Mar ’23 | د.م717.30 | د.م627.00 -12.6% | 23.0% | د.م797.00 | د.م445.00 | n/a | 3 |
| Feb ’23 | د.م730.00 | د.م633.67 -13.2% | 22.9% | د.م797.00 | د.م445.00 | د.م590.00 | 3 |
| Jan ’23 | د.م615.00 | د.م633.67 +3.0% | 22.9% | د.م797.00 | د.م445.00 | د.م520.00 | 3 |
| Dec ’22 | د.م611.00 | د.م633.67 +3.7% | 22.9% | د.م797.00 | د.م445.00 | د.م570.00 | 3 |
| Nov ’22 | د.م623.00 | د.م600.00 -3.7% | 18.4% | د.م696.00 | د.م445.00 | د.م595.00 | 3 |
| Oct ’22 | د.م532.00 | د.م552.00 +3.8% | 19.4% | د.م659.00 | د.م445.00 | د.م650.00 | 2 |
| Sep ’22 | د.م603.90 | د.م659.00 +9.1% | 0% | د.م659.00 | د.م659.00 | د.م750.00 | 1 |
| Aug ’22 | د.م580.00 | د.م654.00 +12.8% | 0% | د.م654.00 | د.م654.00 | د.م732.50 | 1 |
| Jul ’22 | د.م600.00 | د.م318.00 -47.0% | 0% | د.م318.00 | د.م318.00 | د.م685.80 | 1 |
| Jun ’22 | د.م497.20 | د.م318.00 -36.0% | 0% | د.م318.00 | د.م318.00 | د.م838.90 | 1 |
| May ’22 | د.م382.80 | د.م250.00 -34.7% | 27.2% | د.م318.00 | د.م182.00 | د.م850.00 | 2 |
| Apr ’22 | د.م358.00 | د.م250.00 -30.2% | 27.2% | د.م318.00 | د.م182.00 | د.م749.00 | 2 |
| Mar ’22 | د.م369.85 | د.م248.00 -32.9% | 26.6% | د.م314.00 | د.م182.00 | د.م717.30 | 2 |
| Feb ’22 | د.م379.55 | د.م248.00 -34.7% | 26.6% | د.م314.00 | د.م182.00 | د.م730.00 | 2 |
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.