company background image
MIC

MicrodataCBSE:MIC Stock Report

Market Cap

د.م1.1b

7D

2.1%

1Y

28.8%

Updated

21 Oct, 2021

Data

Company Financials
MIC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends2/6

MIC Overview

Microdata S.A. provides IT infrastructure integration solutions in Morocco.

Price History & Performance

Summary of all time highs, changes and price drops for Microdata
Historical stock prices
Current Share Priceد.م679.00
52 Week Highد.م512.00
52 Week Lowد.م713.00
Beta0.43
1 Month Change2.26%
3 Month Change6.09%
1 Year Change28.84%
3 Year Change151.48%
5 Year Change418.32%
Change since IPO183.21%

Recent News & Updates

Shareholder Returns

MICMA ITMA Market
7D2.1%-1.3%0.06%
1Y28.8%-17.0%25.5%

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

Return vs Market: MIC exceeded the MA Market which returned 26.2% over the past year.

Price Volatility

Is MIC's price volatile compared to industry and market?
MIC volatility
MIC Beta0.43
Industry Beta0.55
Market Beta1

Stable Share Price: MIC is not significantly more volatile than the rest of MA stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: MIC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991154Hassane Amorhttps://www.microdata.ma

Microdata S.A. provides IT infrastructure integration solutions in Morocco. The company's services include architecture design, deployment, implementation, and maintenance. It offers IT equipment, including PCs, servers, storage and archiving equipment, printers, accessories, and consumables; networking equipment, such as outers, switches, and firewall; and workstations, VDIs, virtualization and backup products, imaging products, mobility and collaboration tools, and other products related to IT infrastructure.

Microdata Fundamentals Summary

How do Microdata's earnings and revenue compare to its market cap?
MIC fundamental statistics
Market Capد.م1.14b
Earnings (TTM)د.م64.12m
Revenue (TTM)د.م678.99m

17.8x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MIC income statement (TTM)
Revenueد.م678.99m
Cost of Revenueد.م557.37m
Gross Profitد.م121.62m
Expensesد.م57.50m
Earningsد.م64.12m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)38.17
Gross Margin17.91%
Net Profit Margin9.44%
Debt/Equity Ratio45.2%

How did MIC perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

86%

Payout Ratio

Valuation

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

17.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MIC (MAD679) is trading above our estimate of fair value (MAD576.32)

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


Price To Earnings Ratio

PE vs Industry: MIC is poor value based on its PE Ratio (17.8x) compared to the African IT industry average (17.7x).

PE vs Market: MIC is good value based on its PE Ratio (17.8x) compared to the MA market (26.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MIC is overvalued based on its PB Ratio (6.3x) compared to the XF IT industry average (2.2x).


Future Growth

How is Microdata 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 Microdata 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 Microdata performed over the past 5 years?

18.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MIC has high quality earnings.

Growing Profit Margin: MIC's current net profit margins (9.4%) are higher than last year (8.9%).


Past Earnings Growth Analysis

Earnings Trend: MIC's earnings have grown by 18.8% per year over the past 5 years.

Accelerating Growth: MIC's earnings growth over the past year (8.8%) is below its 5-year average (18.8% per year).

Earnings vs Industry: MIC earnings growth over the past year (8.8%) underperformed the IT industry 8.8%.


Return on Equity

High ROE: MIC's Return on Equity (35.7%) is considered high.


Financial Health

How is Microdata's financial position?


Financial Position Analysis

Short Term Liabilities: MIC's short term assets (MAD375.1M) exceed its short term liabilities (MAD210.5M).

Long Term Liabilities: MIC's short term assets (MAD375.1M) exceed its long term liabilities (MAD3.7M).


Debt to Equity History and Analysis

Debt Level: MIC's debt to equity ratio (45.2%) is considered high.

Reducing Debt: MIC's debt to equity ratio has increased from 22.9% to 45.2% over the past 5 years.

Debt Coverage: MIC's debt is well covered by operating cash flow (80.5%).

Interest Coverage: MIC's interest payments on its debt are well covered by EBIT (52.1x coverage).


Balance Sheet


Dividend

What is Microdata current dividend yield, its reliability and sustainability?

4.86%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MIC's dividend (4.86%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).

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


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, MIC has been paying a dividend for less than 10 years.

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


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.5%), MIC's 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

Hassane Amor

no data

Tenure

Hassane Amor serves as the Chairman, Chief Executive Officer and Managing Director of Microdata, 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

Microdata S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Microdata S.A.
  • Ticker: MIC
  • Exchange: CBSE
  • Founded: 1991
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: د.م1.141b
  • Shares outstanding: 1.68m
  • Website: https://www.microdata.ma

Number of Employees


Location

  • Microdata S.A.
  • 1, Amina Bent Street Ouahab
  • Casablanca
  • 20100
  • 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 21:01
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.