Auto Nejma Maroc Valuation

Q: What is the Fair Price of NEJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

NEJ (MAD2068) is trading above our estimate of [[fair value]] (MAD618.89)

Is NEJ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NEJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NEJ (MAD2068) is trading above our estimate of fair value (MAD618.89)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NEJ?

Key metric: As NEJ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NEJ. This is calculated by dividing NEJ's market cap by their current earnings.
What is NEJ's PE Ratio?
PE Ratio	13.9x
Earnings	د.م152.48m
Market Cap	د.م2.12b

NEJ key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.9x
Enterprise Value/EBITDA	7.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does NEJ's PE Ratio compare to its peers?

The above table shows the PE ratio for NEJ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	27.9x
TMA TotalEnergies Marketing Maroc	39.1x	22.5%	د.م14.1b
ATH Auto Hall	56.7x	29.0%	د.م3.4b
SKEL Skel fjárfestingafélag hf	5.7x	n/a	ISK 31.0b
OPN Oponeo.pl	10.2x	2.1%	zł941.6m
NEJ Auto Nejma Maroc	13.9x	n/a	د.م2.1b

Price-To-Earnings vs Peers: NEJ is good value based on its Price-To-Earnings Ratio (13.9x) compared to the peer average (28x).

Price to Earnings Ratio vs Industry

How does NEJ's PE Ratio compare vs other companies in the African Specialty Retail Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: NEJ is expensive based on its Price-To-Earnings Ratio (13.9x) compared to the African Specialty Retail industry average (10.5x).

Price to Earnings Ratio vs Fair Ratio

What is NEJ'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.

NEJ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NEJ's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.