Itissalat Al-Maghrib (IAM) Valuation
Is IAM undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of IAM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IAM (MAD89.9) is trading above our estimate of fair value (MAD77.91)
Significantly Below Fair Value: IAM is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IAM?
Other financial metrics that can be useful for relative valuation.
| What is IAM's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | د.م79.00b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.7x |
| Enterprise Value/EBITDA | 5.8x |
| PEG Ratio | 2.9x |
Price to Earnings Ratio vs Peers
How does IAM's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 20.7x | ||
6823 HKT Trust and HKT | 14.3x | 2.7% | HK$69.8b |
O2D Telefónica Deutschland Holding | 26.5x | -41.1% | €7.2b |
ELISA Elisa Oyj | 18.3x | 5.3% | €6.7b |
O2D Telefónica Deutschland Holding | 23.6x | 14.5% | €6.5b |
IAM Itissalat Al-Maghrib (IAM) | 15x | 5.2% | د.م79.0b |
Price-To-Earnings vs Peers: IAM is good value based on its Price-To-Earnings Ratio (15x) compared to the peer average (20.7x).
Price to Earnings Ratio vs Industry
How does IAM's PE Ratio compare vs other companies in the Global Telecom Industry?
Price-To-Earnings vs Industry: IAM is good value based on its Price-To-Earnings Ratio (15x) compared to the Global Telecom industry average (15.9x).
Price to Earnings Ratio vs Fair Ratio
What is IAM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 15x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate IAM's Price-To-Earnings Fair Ratio for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | د.م89.90 | د.م104.18 +15.9% | 1.1% | د.م105.40 | د.م102.30 | n/a | 4 |
| Jul ’25 | د.م90.45 | د.م103.90 +14.9% | 1.2% | د.م105.40 | د.م102.30 | n/a | 3 |
| Jun ’25 | د.م92.00 | د.م103.90 +12.9% | 1.2% | د.م105.40 | د.م102.30 | n/a | 3 |
| May ’25 | د.م96.45 | د.م103.90 +7.7% | 1.2% | د.م105.40 | د.م102.30 | n/a | 3 |
| Apr ’25 | د.م100.05 | د.م104.68 +4.6% | 1.7% | د.م107.00 | د.م102.30 | n/a | 4 |
| Mar ’25 | د.م103.50 | د.م104.68 +1.1% | 1.7% | د.م107.00 | د.م102.30 | n/a | 4 |
| Feb ’25 | د.م94.00 | د.م107.33 +14.2% | 3.8% | د.م113.00 | د.م104.00 | n/a | 3 |
| Jan ’25 | د.م100.00 | د.م107.33 +7.3% | 3.8% | د.م113.00 | د.م104.00 | n/a | 3 |
| Dec ’24 | د.م92.30 | د.م103.40 +12.0% | 12.1% | د.م120.00 | د.م85.00 | n/a | 5 |
| Nov ’24 | د.م96.00 | د.م106.40 +10.8% | 14.8% | د.م128.00 | د.م85.00 | n/a | 5 |
| Oct ’24 | د.م101.00 | د.م106.40 +5.3% | 14.8% | د.م128.00 | د.م85.00 | n/a | 5 |
| Sep ’24 | د.م106.00 | د.م106.40 +0.4% | 14.8% | د.م128.00 | د.م85.00 | n/a | 5 |
| Aug ’24 | د.م110.50 | د.م106.40 -3.7% | 14.8% | د.م128.00 | د.م85.00 | n/a | 5 |
| Jul ’24 | د.م95.00 | د.م105.92 +11.5% | 14.3% | د.م126.00 | د.م85.00 | د.م90.45 | 5 |
| Jun ’24 | د.م87.40 | د.م105.92 +21.2% | 14.3% | د.م126.00 | د.م85.00 | د.م92.00 | 5 |
| May ’24 | د.م81.05 | د.م122.87 +51.6% | 2.1% | د.م126.00 | د.م119.60 | د.م96.45 | 3 |
| Apr ’24 | د.م85.00 | د.م122.20 +43.8% | 1.5% | د.م124.00 | د.م119.60 | د.م100.05 | 3 |
| Mar ’24 | د.م92.00 | د.م129.40 +40.7% | 6.6% | د.م141.00 | د.م119.60 | د.م103.50 | 4 |
| Feb ’24 | د.م95.00 | د.م130.15 +37.0% | 7.4% | د.م144.00 | د.م119.60 | د.م94.00 | 4 |
| Jan ’24 | د.م95.00 | د.م130.15 +37.0% | 7.4% | د.م144.00 | د.م119.60 | د.م100.00 | 4 |
| Dec ’23 | د.م104.00 | د.م137.80 +32.5% | 7.5% | د.م150.20 | د.م123.00 | د.م92.30 | 4 |
| Nov ’23 | د.م102.40 | د.م137.80 +34.6% | 7.5% | د.م150.20 | د.م123.00 | د.م96.00 | 4 |
| Oct ’23 | د.م114.30 | د.م139.80 +22.3% | 6.2% | د.م150.20 | د.م129.00 | د.م101.00 | 4 |
| Sep ’23 | د.م121.55 | د.م139.80 +15.0% | 6.2% | د.م150.20 | د.م129.00 | د.م106.00 | 4 |
| Aug ’23 | د.م118.95 | د.م144.40 +21.4% | 7.6% | د.م154.00 | د.م129.00 | د.م110.50 | 3 |
| Jul ’23 | د.م119.00 | د.م145.67 +22.4% | 6.3% | د.م154.00 | د.م133.00 | د.م95.00 | 3 |
Analyst Forecast: Target price is less than 20% higher than the current share price.