Immorente Invest S.A. invests in real estate assets for rental use in Morocco.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.م98.01|
|52 Week High||د.م87.51|
|52 Week Low||د.م98.88|
|1 Month Change||0.99%|
|3 Month Change||-0.50%|
|1 Year Change||8.90%|
|3 Year Change||2.09%|
|5 Year Change||n/a|
|Change since IPO||-2.96%|
Recent News & Updates
|IMO||MA Real Estate||MA Market|
Return vs Industry: IMO underperformed the MA Real Estate industry which returned 34.1% over the past year.
Return vs Market: IMO underperformed the MA Market which returned 26% over the past year.
Stable Share Price: IMO is less volatile than 75% of MA stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: IMO's weekly volatility (2%) has been stable over the past year.
About the Company
Immorente Invest S.A. invests in real estate assets for rental use in Morocco. Its asset portfolio includes offices, factories, logistics assets, and shops in Casablanca, Bouskoura, Rabat, and the Atlantic Free Zone of Kenitra. The company was founded in 2011 and is headquartered in Casablanca, Morocco.
Immorente Invest Fundamentals Summary
|IMO fundamental statistics|
Is IMO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IMO income statement (TTM)|
|Cost of Revenue||د.م13.57m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||0.47|
|Net Profit Margin||7.05%|
How did IMO perform over the long term?See historical performance and comparison
7.3%Current Dividend Yield
Is Immorente Invest 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: IMO (MAD98.01) is trading above our estimate of fair value (MAD33.26)
Significantly Below Fair Value: IMO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IMO is poor value based on its PE Ratio (210.2x) compared to the African Real Estate industry average (15.3x).
PE vs Market: IMO is poor value based on its PE Ratio (210.2x) compared to the MA market (26.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate IMO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: IMO is overvalued based on its PB Ratio (1.1x) compared to the MA Real Estate industry average (0.4x).
How is Immorente Invest forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Immorente Invest 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 Immorente Invest performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IMO has a high level of non-cash earnings.
Growing Profit Margin: IMO's current net profit margins (7%) are higher than last year (6.2%).
Past Earnings Growth Analysis
Earnings Trend: IMO's earnings have grown significantly by 63.2% per year over the past 5 years.
Accelerating Growth: IMO's earnings growth over the past year (17.4%) is below its 5-year average (63.2% per year).
Earnings vs Industry: IMO earnings growth over the past year (17.4%) exceeded the Real Estate industry -0.5%.
Return on Equity
High ROE: IMO's Return on Equity (0.5%) is considered low.
How is Immorente Invest's financial position?
Financial Position Analysis
Short Term Liabilities: IMO's short term assets (MAD61.6M) exceed its short term liabilities (MAD60.5M).
Long Term Liabilities: IMO's short term assets (MAD61.6M) exceed its long term liabilities (MAD26.1M).
Debt to Equity History and Analysis
Debt Level: IMO's debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if IMO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: IMO's debt is well covered by operating cash flow (56.2%).
Interest Coverage: IMO's interest payments on its debt are not well covered by EBIT (2x coverage).
What is Immorente Invest current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IMO's dividend (7.35%) is higher than the bottom 25% of dividend payers in the MA market (2.25%).
High Dividend: IMO's dividend (7.35%) is in the top 25% of dividend payers in the MA market (4.89%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, IMO has been paying a dividend for less than 10 years.
Growing Dividend: IMO's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are 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?
Immorente Invest has no CEO, or we have no data on them.
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.
Immorente Invest S.A.'s employee growth, exchange listings and data sources
- Name: Immorente Invest S.A.
- Ticker: IMO
- Exchange: CBSE
- Founded: 2011
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: د.م882.776m
- Shares outstanding: 9.01m
- Website: https://immorente.ma
- Immorente Invest S.A.
- 5/7, rue Ibnou Toufail
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/13 21:25|
|End of Day Share Price||2021/10/13 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.