Auto Hall S.A. markets and distributes rolling stock in Morocco.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.م105.50|
|52 Week High||د.م64.00|
|52 Week Low||د.م107.00|
|1 Month Change||5.50%|
|3 Month Change||18.67%|
|1 Year Change||59.87%|
|3 Year Change||31.87%|
|5 Year Change||-0.47%|
|Change since IPO||115.31%|
Recent News & Updates
|ATH||MA Retail Distributors||MA Market|
Return vs Industry: ATH exceeded the MA Retail Distributors industry which returned 46.4% over the past year.
Return vs Market: ATH exceeded the MA Market which returned 26.6% over the past year.
Stable Share Price: ATH is not significantly more volatile than the rest of MA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ATH's weekly volatility (3%) has been stable over the past year.
About the Company
Auto Hall S.A. markets and distributes rolling stock in Morocco. The company markets and distributes various branded products, including Fuso, Ford, Mitsubishi Motors, Fiat, New Holland, Case, and Cummins. It offers industrial vehicles, trucks, buses, agricultural machinery, and light vehicles, as well as industrial equipment, sites, and mines.
Auto Hall Fundamentals Summary
|ATH fundamental statistics|
Is ATH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ATH income statement (TTM)|
|Cost of Revenue||د.م3.24b|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||2.87|
|Net Profit Margin||3.65%|
How did ATH perform over the long term?See historical performance and comparison
3.3%Current Dividend Yield
Is Auto Hall 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: ATH (MAD105.5) is trading above our estimate of fair value (MAD25.43)
Significantly Below Fair Value: ATH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ATH is poor value based on its PE Ratio (36.8x) compared to the African Retail Distributors industry average (20.2x).
PE vs Market: ATH is poor value based on its PE Ratio (36.8x) compared to the MA market (26.8x).
Price to Earnings Growth Ratio
PEG Ratio: ATH is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: ATH is good value based on its PB Ratio (3.1x) compared to the XF Retail Distributors industry average (3.6x).
How is Auto Hall 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: ATH's forecast earnings growth (16.7% per year) is above the savings rate (9.1%).
Earnings vs Market: ATH's earnings (16.7% per year) are forecast to grow faster than the MA market (13.1% per year).
High Growth Earnings: ATH's earnings are forecast to grow, but not significantly.
Revenue vs Market: ATH's revenue (12.4% per year) is forecast to grow faster than the MA market (6.7% per year).
High Growth Revenue: ATH's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATH's Return on Equity is forecast to be low in 3 years time (15.9%).
How has Auto Hall performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATH has high quality earnings.
Growing Profit Margin: ATH's current net profit margins (3.7%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: ATH's earnings have declined by 14.1% per year over the past 5 years.
Accelerating Growth: ATH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ATH had negative earnings growth (-8.7%) over the past year, making it difficult to compare to the Retail Distributors industry average (-7.8%).
Return on Equity
High ROE: ATH's Return on Equity (8.5%) is considered low.
How is Auto Hall's financial position?
Financial Position Analysis
Short Term Liabilities: ATH's short term assets (MAD2.4B) exceed its short term liabilities (MAD2.0B).
Long Term Liabilities: ATH's short term assets (MAD2.4B) exceed its long term liabilities (MAD458.2M).
Debt to Equity History and Analysis
Debt Level: ATH is debt free.
Reducing Debt: ATH has no debt compared to 5 years ago when its debt to equity ratio was 44.8%.
Debt Coverage: ATH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ATH has no debt, therefore coverage of interest payments is not a concern.
What is Auto Hall current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ATH's dividend (3.32%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).
High Dividend: ATH's dividend (3.32%) is low compared to the top 25% of dividend payers in the MA market (4.86%).
Stability and Growth of Payments
Stable Dividend: ATH's dividends per share have been stable in the past 10 years.
Growing Dividend: ATH's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (122%), ATH's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ATH's dividends in 3 years are not forecast to be well covered by earnings (100% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Abdellatif Guerraoui serves as Chairman, Chief Executive Officer and Managing Director of Auto Hall SA and serves its Director since 1998 and President since 2004.
Experienced Board: ATH's board of directors are seasoned and experienced ( 19.8 years average tenure).
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.
Auto Hall S.A.'s employee growth, exchange listings and data sources
- Name: Auto Hall S.A.
- Ticker: ATH
- Exchange: CBSE
- Founded: 1907
- Industry: Distributors
- Sector: Retail
- Market Cap: د.م5.306b
- Shares outstanding: 50.29m
- Website: https://www.autohall.ma
Number of Employees
- Auto Hall S.A.
- 64, avenue Lalla Yacout
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.