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S2M

Société Maghrébine de MonétiqueCBSE:S2M Stock Report

Market Cap

د.م171.6m

7D

-3.9%

1Y

31.2%

Updated

16 Oct, 2021

Data

Company Financials
S2M fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

S2M Overview

Société Maghrébine de Monétique engages in the development, integration, and maintenance of electronic-payment solutions for financial institutions, oil companies, commercial brands, telecoms operators, etc.

Price History & Performance

Summary of all time highs, changes and price drops for Société Maghrébine de Monétique
Historical stock prices
Current Share Priceد.م211.35
52 Week Highد.م160.00
52 Week Lowد.م239.00
Beta0.46
1 Month Change-7.89%
3 Month Change1.98%
1 Year Change31.19%
3 Year Change-18.40%
5 Year Change11.24%
Change since IPO-35.96%

Recent News & Updates

Shareholder Returns

S2MMA SoftwareMA Market
7D-3.9%-0.8%1.0%
1Y31.2%32.5%26.4%

Return vs Industry: S2M underperformed the MA Software industry which returned 32.6% over the past year.

Return vs Market: S2M exceeded the MA Market which returned 26.4% over the past year.

Price Volatility

Is S2M's price volatile compared to industry and market?
S2M volatility
S2M Beta0.46
Industry Beta0.48
Market Beta1

Stable Share Price: S2M is more volatile than 90% of MA stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: S2M's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of MA stocks.

About the Company

FoundedEmployeesCEOWebsite
1983231Abdelaziz Daddanehttps://s2mworldwide.com

Société Maghrébine de Monétique engages in the development, integration, and maintenance of electronic-payment solutions for financial institutions, oil companies, commercial brands, telecoms operators, etc. in Africa and internationally. It offers SELECT System, a software package that provides EPT server, e-commerce, fraud and security, Visa/Mastercard/American Express/JCB/Union Pay, multi-institution, authorization server, gateways and interface, card management system, and value added services. The company also provides card personalization and instant issuing, as well as electronic-cash outsourcing services; and equipment, including cards, EPT products, hardware security modules, authentication products, and personalization machines.

Société Maghrébine de Monétique Fundamentals Summary

How do Société Maghrébine de Monétique's earnings and revenue compare to its market cap?
S2M fundamental statistics
Market Capد.م171.63m
Earnings (TTM)-د.م1.04m
Revenue (TTM)د.م242.87m

0.7x

P/S Ratio

-165.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
S2M income statement (TTM)
Revenueد.م242.87m
Cost of Revenueد.م199.84m
Gross Profitد.م43.03m
Expensesد.م44.06m
Earnings-د.م1.04m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.28
Gross Margin17.72%
Net Profit Margin-0.43%
Debt/Equity Ratio382.0%

How did S2M perform over the long term?

See historical performance and comparison

Valuation

Is Société Maghrébine de Monétique undervalued compared to its fair value and its price relative to the market?

6.11x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate S2M's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate S2M's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: S2M is unprofitable, so we can't compare its PE Ratio to the African Software industry average.

PE vs Market: S2M 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 S2M's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: S2M is overvalued based on its PB Ratio (6.1x) compared to the XF Software industry average (1.2x).


Future Growth

How is Société Maghrébine de Monétique forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.8%

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 Société Maghrébine de Monétique 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 Société Maghrébine de Monétique performed over the past 5 years?

-54.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: S2M is currently unprofitable.

Growing Profit Margin: S2M is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: S2M is unprofitable, and losses have increased over the past 5 years at a rate of 54.3% per year.

Accelerating Growth: Unable to compare S2M's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: S2M is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (13.7%).


Return on Equity

High ROE: S2M has a negative Return on Equity (-12.48%), as it is currently unprofitable.


Financial Health

How is Société Maghrébine de Monétique's financial position?


Financial Position Analysis

Short Term Liabilities: S2M's short term assets (MAD245.7M) exceed its short term liabilities (MAD215.9M).

Long Term Liabilities: S2M's short term assets (MAD245.7M) exceed its long term liabilities (MAD46.3M).


Debt to Equity History and Analysis

Debt Level: S2M's debt to equity ratio (382%) is considered high.

Reducing Debt: S2M's debt to equity ratio has increased from 74.8% to 382% over the past 5 years.

Debt Coverage: S2M's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: S2M's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


Dividend

What is Société Maghrébine de Monétique current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate S2M's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate S2M'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 S2M's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if S2M's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: S2M is not paying a notable dividend for the MA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of S2M'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

Abdelaziz Daddane

no data

Tenure

Mr. Abdelaziz Daddane serves as the Chairman of Management Board at Société Maghrébine de Monétique.


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

Société Maghrébine de Monétique's employee growth, exchange listings and data sources


Key Information

  • Name: Société Maghrébine de Monétique
  • Ticker: S2M
  • Exchange: CBSE
  • Founded: 1983
  • Industry: Application Software
  • Sector: Software
  • Market Cap: د.م171.631m
  • Shares outstanding: 812.07k
  • Website: https://s2mworldwide.com

Number of Employees


Location

  • Société Maghrébine de Monétique
  • Casa Nearshore Park - 2C - 306
  • 1100 Bd El Qods
  • 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 Analysis2021/10/16 16:30
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
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.