Disway S.A. distributes IT products in Morocco, Tunisia, West Africa, and Central Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.م723.50|
|52 Week High||د.م399.90|
|52 Week Low||د.م742.00|
|1 Month Change||13.07%|
|3 Month Change||33.98%|
|1 Year Change||77.37%|
|3 Year Change||100.97%|
|5 Year Change||149.48%|
|Change since IPO||21.60%|
Recent News & Updates
|DWY||MA Electronic||MA Market|
Return vs Industry: DWY exceeded the MA Electronic industry which returned 17.8% over the past year.
Return vs Market: DWY exceeded the MA Market which returned 26.2% over the past year.
Stable Share Price: DWY is not significantly more volatile than the rest of MA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: DWY's weekly volatility (3%) has been stable over the past year.
About the Company
Disway S.A. distributes IT products in Morocco, Tunisia, West Africa, and Central Africa. The company offers hardware products, including desktops, laptops, servers, and tablets and smartphones; and software products, such as operating systems, office suites, security and antivirus, backup and storage products, and design and graphic arts. It also provides peripherals and accessories comprising printers, network products, components, and accessories, as well as display products comprising TVs, monitors, and projectors.
Disway Fundamentals Summary
|DWY fundamental statistics|
Is DWY overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DWY income statement (TTM)|
|Cost of Revenue||د.م1.57b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||52.61|
|Net Profit Margin||5.49%|
How did DWY perform over the long term?See historical performance and comparison
4.8%Current Dividend Yield
Is Disway undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DWY (MAD723.5) is trading above our estimate of fair value (MAD309.19)
Significantly Below Fair Value: DWY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DWY is good value based on its PE Ratio (13.8x) compared to the Global Electronic industry average (21.5x).
PE vs Market: DWY is good value based on its PE Ratio (13.8x) compared to the MA market (26.8x).
Price to Earnings Growth Ratio
PEG Ratio: DWY is poor value based on its PEG Ratio (7.8x)
Price to Book Ratio
PB vs Industry: DWY's PB Ratio (2x) is in line with the XX Electronic industry average.
How is Disway forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DWY's forecast earnings growth (1.8% per year) is below the savings rate (9.1%).
Earnings vs Market: DWY's earnings (1.8% per year) are forecast to grow slower than the MA market (13.1% per year).
High Growth Earnings: DWY's earnings are forecast to grow, but not significantly.
Revenue vs Market: DWY's revenue (5.4% per year) is forecast to grow slower than the MA market (6.8% per year).
High Growth Revenue: DWY's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DWY's Return on Equity is forecast to be low in 3 years time (14%).
How has Disway performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DWY has high quality earnings.
Growing Profit Margin: DWY's current net profit margins (5.5%) are higher than last year (4.3%).
Past Earnings Growth Analysis
Earnings Trend: DWY's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: DWY's earnings growth over the past year (39.1%) exceeds its 5-year average (7% per year).
Earnings vs Industry: DWY earnings growth over the past year (39.1%) exceeded the Electronic industry 33.7%.
Return on Equity
High ROE: DWY's Return on Equity (15%) is considered low.
How is Disway's financial position?
Financial Position Analysis
Short Term Liabilities: DWY's short term assets (MAD783.9M) exceed its short term liabilities (MAD207.9M).
Long Term Liabilities: DWY's short term assets (MAD783.9M) exceed its long term liabilities (MAD190.9M).
Debt to Equity History and Analysis
Debt Level: DWY's debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: DWY's debt to equity ratio has reduced from 55.8% to 9.8% over the past 5 years.
Debt Coverage: DWY's debt is well covered by operating cash flow (221.9%).
Interest Coverage: DWY earns more interest than it pays, so coverage of interest payments is not a concern.
What is Disway current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: DWY's dividend (4.84%) is higher than the bottom 25% of dividend payers in the MA market (2.22%).
High Dividend: DWY's dividend (4.84%) is low compared to the top 25% of dividend payers in the MA market (4.86%).
Stability and Growth of Payments
Stable Dividend: DWY's dividend payments have been volatile in the past 10 years.
Growing Dividend: DWY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (63.6%), DWY's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: DWY's dividends in 3 years are forecast to be covered by earnings (77.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Disway has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Disway S.A.'s employee growth, exchange listings and data sources
- Name: Disway S.A.
- Ticker: DWY
- Exchange: CBSE
- Founded: NaN
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: د.م1.364b
- Shares outstanding: 1.89m
- Website: https://www.disway.com
Number of Employees
- Disway S.A.
- 8 lotissement La colline
- Sidi MaArouf
- 20 270
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:01|
|End of Day Share Price||2021/10/21 00:00|
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.