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IBC

IB Maroc.comCBSE:IBC Stock Report

Market Cap

د.م13.4m

7D

2.2%

1Y

15.0%

Updated

21 Oct, 2021

Data

Company Financials
IBC fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

IBC Overview

IB Maroc.com SA provides information and communication technology services in Morocco.

Price History & Performance

Summary of all time highs, changes and price drops for IB Maroc.com
Historical stock prices
Current Share Priceد.م32.20
52 Week Highد.م26.53
52 Week Lowد.م39.80
Beta1.01
1 Month Change-0.95%
3 Month Change5.57%
1 Year Change15.00%
3 Year Change-48.07%
5 Year Change-66.72%
Change since IPO-89.25%

Recent News & Updates

Shareholder Returns

IBCMA ITMA Market
7D2.2%-1.3%0.06%
1Y15.0%-17.0%25.5%

Return vs Industry: IBC exceeded the MA IT industry which returned -18.3% over the past year.

Return vs Market: IBC underperformed the MA Market which returned 26.2% over the past year.

Price Volatility

Is IBC's price volatile compared to industry and market?
IBC volatility
IBC Beta1.01
Industry Beta0.55
Market Beta1

Stable Share Price: IBC is more volatile than 75% of MA stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: IBC's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of MA stocks.

About the Company

FoundedEmployeesCEOWebsite
n/an/aAbdellatif Hadefhttps://www.ib-maroc.com

IB Maroc.com SA provides information and communication technology services in Morocco. The company offers consulting, datacenter and cloud, ERP and BI, apps and mobility, security, and training services. It also provides networking, server, storage, and virtualization, as well as collaboration solutions, such as messaging, portals, etc. The company is based in Casablanca, Morocco.

IB Maroc.com Fundamentals Summary

How do IB Maroc.com's earnings and revenue compare to its market cap?
IBC fundamental statistics
Market Capد.م13.44m
Earnings (TTM)-د.م16.00m
Revenue (TTM)د.م11.33m

1.2x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
IBC income statement (TTM)
Revenueد.م11.33m
Cost of Revenueد.م9.85m
Gross Profitد.م1.48m
Expensesد.م17.48m
Earnings-د.م16.00m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-38.32
Gross Margin13.06%
Net Profit Margin-141.23%
Debt/Equity Ratio-92.9%

How did IBC perform over the long term?

See historical performance and comparison

Valuation

Is IB Maroc.com undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether IB Maroc.com is trading at an attractive price based on the cash flow it is expected to produce in the future. But as IB Maroc.com has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Future Growth

How is IB Maroc.com forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.3%

Forecasted Software 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 IB Maroc.com 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 IB Maroc.com performed over the past 5 years?

-23.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IBC is currently unprofitable.

Growing Profit Margin: IBC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IBC is unprofitable, and losses have increased over the past 5 years at a rate of 23.4% per year.

Accelerating Growth: Unable to compare IBC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IBC is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (8.8%).


Return on Equity

High ROE: IBC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is IB Maroc.com's financial position?


Financial Position Analysis

Short Term Liabilities: IBC has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: IBC has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: IBC has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: IBC's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if IBC has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if IBC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is IB Maroc.com current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate IBC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate IBC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if IBC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if IBC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: IBC is not paying a notable dividend for the MA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of IBC's dividend in 3 years as they are not forecast to pay a notable one for the MA market.


Next Steps

Management

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


CEO

Abdellatif Hadef

no data

Tenure

Mr. Abdellatif Hadef founded IB Maroc.com S.A., and serves as its Managing Director. Mr. Hadef served as a Project Manager of French Water Utilities Company Generale des Eaux and U.S. Digital Equipment Cor...


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

IB Maroc.com SA's employee growth, exchange listings and data sources


Key Information

  • Name: IB Maroc.com SA
  • Ticker: IBC
  • Exchange: CBSE
  • Founded: NaN
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: د.م13.443m
  • Shares outstanding: 417.49k
  • Website: https://www.ib-maroc.com

Location

  • IB Maroc.com SA
  • Casanearshore (Sidi Maarouf)
  • Shore 18
  • Casablanca
  • 20270
  • 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 20:59
End of Day Share Price2021/10/21 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.