company background image
M2M

M2M GroupCBSE:M2M Stock Report

Market Cap

د.م537.7m

7D

14.5%

1Y

27.7%

Updated

18 Oct, 2021

Data

Company Financials
M2M fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

M2M Overview

M2M Group SA provides processing solutions, securities management, and electronic services in Morocco and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for M2M Group
Historical stock prices
Current Share Priceد.م830.00
52 Week Highد.م617.70
52 Week Lowد.م990.00
Beta0.59
1 Month Change5.06%
3 Month Change0.85%
1 Year Change27.69%
3 Year Change67.71%
5 Year Change172.40%
Change since IPO-32.08%

Recent News & Updates

Shareholder Returns

M2MMA SoftwareMA Market
7D14.5%1.4%1.3%
1Y27.7%40.4%26.6%

Return vs Industry: M2M underperformed the MA Software industry which returned 32.5% over the past year.

Return vs Market: M2M exceeded the MA Market which returned 26.4% over the past year.

Price Volatility

Is M2M's price volatile compared to industry and market?
M2M volatility
M2M Beta0.59
Industry Beta0.48
Market Beta1

Stable Share Price: M2M is more volatile than 90% of MA stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: M2M's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of MA stocks.

About the Company

FoundedEmployeesCEOWebsite
1990n/aRedouan Bayedhttps://www.m2mgroup.com

M2M Group SA provides processing solutions, securities management, and electronic services in Morocco and internationally. The company’s products include MX PAYMENT, a tool for managing electronic transactions ranging from issuing cards to purchasing and authorizing multi-channel payments through transaction routing and advanced fraud detection; MX Card Management a solution to issue payment instruments; MX Plus Instant Issuing, a solution to personalize various cards; and MX Plus Authorization solution. It also provides MX E-Gov, a solution for ID management and public eServices; MX Campus, a university services management platform for students, teachers, and administrative staff; MX Move, a ticketing management solution for the transport industry; MX Health, a platform for identification, authentication of affiliates, and management of health services; and MX Enterprise, an integrated solution for human resources management.

M2M Group Fundamentals Summary

How do M2M Group's earnings and revenue compare to its market cap?
M2M fundamental statistics
Market Capد.م537.65m
Earnings (TTM)-د.م10.45m
Revenue (TTM)د.م65.01m

8.3x

P/S Ratio

-51.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
M2M income statement (TTM)
Revenueد.م65.01m
Cost of Revenueد.م71.87m
Gross Profit-د.م6.86m
Expensesد.م3.59m
Earnings-د.م10.45m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-16.13
Gross Margin-10.56%
Net Profit Margin-16.08%
Debt/Equity Ratio0.8%

How did M2M perform over the long term?

See historical performance and comparison

Valuation

Is M2M Group undervalued compared to its fair value and its price relative to the market?

2.89x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate M2M's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate M2M's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: M2M is unprofitable, so we can't compare its PE Ratio to the African Software industry average.

PE vs Market: M2M is unprofitable, so we can't compare its PE Ratio to the MA market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate M2M's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: M2M is overvalued based on its PB Ratio (2.9x) compared to the XF Software industry average (1.2x).


Future Growth

How is M2M Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.7%

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 M2M Group 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 M2M Group performed over the past 5 years?

7.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: M2M is currently unprofitable.

Growing Profit Margin: M2M is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: M2M is unprofitable, but has reduced losses over the past 5 years at a rate of 7% per year.

Accelerating Growth: Unable to compare M2M's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: M2M is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (13.7%).


Return on Equity

High ROE: M2M has a negative Return on Equity (-8.42%), as it is currently unprofitable.


Financial Health

How is M2M Group's financial position?


Financial Position Analysis

Short Term Liabilities: M2M's short term assets (MAD306.0M) exceed its short term liabilities (MAD24.9M).

Long Term Liabilities: M2M's short term assets (MAD306.0M) exceed its long term liabilities (MAD64.2M).


Debt to Equity History and Analysis

Debt Level: M2M's debt to equity ratio (0.8%) is considered satisfactory.

Reducing Debt: M2M's debt to equity ratio has reduced from 2.4% to 0.8% over the past 5 years.

Debt Coverage: Insufficient data to determine if M2M's debt is well covered by operating cash flow.

Interest Coverage: Insufficient data to determine if M2M's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is M2M Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate M2M's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate M2M'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 M2M's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if M2M's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: M2M is not paying a notable dividend for the MA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of M2M'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

Redouan Bayed

no data

Tenure

Mr. Redouan Bayed serves as the Chairman & Chief Executive Officer of M2M Group S.A.


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

M2M Group SA's employee growth, exchange listings and data sources


Key Information

  • Name: M2M Group SA
  • Ticker: M2M
  • Exchange: CBSE
  • Founded: 1990
  • Industry: Application Software
  • Sector: Software
  • Market Cap: د.م537.655m
  • Shares outstanding: 647.78k
  • Website: https://www.m2mgroup.com

Location

  • M2M Group SA
  • 16, Rue Abdelhak Ben Mehyou
  • Neighborhood Palmiers
  • Casablanca
  • 20 100
  • Morocco

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 21:42
End of Day Share Price2021/10/18 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.