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NEJ

Auto Nejma MarocCBSE:NEJ Stock Report

Market Cap

د.م2.0b

7D

0%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials
NEJ fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

NEJ Overview

Auto Nejma Maroc S.A. imports, distributes, and markets private and commercial vehicles, utility vehicles, trucks, electric vehicles, boats, spare parts, and car accessories in Morocco.

Auto Nejma Maroc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Auto Nejma Maroc
Historical stock prices
Current Share Priceد.م1,941.00
52 Week Highد.م1,941.00
52 Week Lowد.م2,064.00
Beta-0.072
1 Month Change-1.97%
3 Month Changen/a
1 Year Changen/a
3 Year Change-15.50%
5 Year Change25.23%
Change since IPO565.49%

Recent News & Updates

Shareholder Returns

NEJMA Specialty RetailMA Market
7D0%1.1%0.06%
1Yn/a61.0%25.5%

Return vs Industry: Insufficient data to determine how NEJ performed against the MA Specialty Retail industry.

Return vs Market: Insufficient data to determine how NEJ performed against the MA Market.

Price Volatility

Is NEJ's price volatile compared to industry and market?
NEJ volatility
NEJ Beta-0.072
Industry Beta0.91
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1963500Adil Bennanihttps://www.autonejma.ma

Auto Nejma Maroc S.A. imports, distributes, and markets private and commercial vehicles, utility vehicles, trucks, electric vehicles, boats, spare parts, and car accessories in Morocco. It also offers vehicles maintenance and repair services. The company was founded in 1963 and is headquartered in Casablanca, Morocco.

Auto Nejma Maroc Fundamentals Summary

How do Auto Nejma Maroc's earnings and revenue compare to its market cap?
NEJ fundamental statistics
Market Capد.م1.99b
Earnings (TTM)د.م102.66m
Revenue (TTM)د.م2.22b

19.3x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NEJ income statement (TTM)
Revenueد.م2.22b
Cost of Revenueد.م1.86b
Gross Profitد.م354.94m
Expensesد.م252.28m
Earningsد.م102.66m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)100.33
Gross Margin16.01%
Net Profit Margin4.63%
Debt/Equity Ratio0.08%

How did NEJ perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

60%

Payout Ratio

Valuation

Is Auto Nejma Maroc undervalued compared to its fair value and its price relative to the market?

19.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: NEJ (MAD1941) is trading above our estimate of fair value (MAD671.25)

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


Price To Earnings Ratio

PE vs Industry: NEJ is poor value based on its PE Ratio (19.3x) compared to the African Specialty Retail industry average (9.4x).

PE vs Market: NEJ is good value based on its PE Ratio (19.3x) compared to the MA market (26.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NEJ is overvalued based on its PB Ratio (2.1x) compared to the XF Specialty Retail industry average (1.6x).


Future Growth

How is Auto Nejma Maroc forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.1%

Forecasted Retail 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 Auto Nejma Maroc 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 Auto Nejma Maroc performed over the past 5 years?

1.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NEJ has high quality earnings.

Growing Profit Margin: NEJ's current net profit margins (4.6%) are lower than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: NEJ's earnings have grown by 1.2% per year over the past 5 years.

Accelerating Growth: NEJ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NEJ had negative earnings growth (-35.5%) over the past year, making it difficult to compare to the Specialty Retail industry average (55.4%).


Return on Equity

High ROE: NEJ's Return on Equity (11%) is considered low.


Financial Health

How is Auto Nejma Maroc's financial position?


Financial Position Analysis

Short Term Liabilities: NEJ's short term assets (MAD1.5B) exceed its short term liabilities (MAD980.2M).

Long Term Liabilities: NEJ's short term assets (MAD1.5B) exceed its long term liabilities (MAD7.8M).


Debt to Equity History and Analysis

Debt Level: NEJ's debt to equity ratio (0.08%) is considered satisfactory.

Reducing Debt: NEJ's debt to equity ratio has reduced from 0.7% to 0.08% over the past 5 years.

Debt Coverage: NEJ's debt is well covered by operating cash flow (12906.6%).

Interest Coverage: NEJ's interest payments on its debt are well covered by EBIT (30.1x coverage).


Balance Sheet


Dividend

What is Auto Nejma Maroc current dividend yield, its reliability and sustainability?

3.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NEJ's dividend (3.09%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).

High Dividend: NEJ's dividend (3.09%) is low compared to the top 25% of dividend payers in the MA market (4.86%).


Stability and Growth of Payments

Stable Dividend: NEJ has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: NEJ's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (59.8%), NEJ's 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.


Next Steps

Management

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


CEO

Adil Bennani

no data

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

Auto Nejma Maroc S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Auto Nejma Maroc S.A.
  • Ticker: NEJ
  • Exchange: CBSE
  • Founded: 1963
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: د.م1.986b
  • Shares outstanding: 1.02m
  • Website: https://www.autonejma.ma

Number of Employees


Location

  • Auto Nejma Maroc S.A.
  • Km 10, Route of El Jadida
  • PO Box 20230
  • Casablanca
  • Morocco

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 16:30
End of Day Share Price2021/10/11 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.