TAQA Morocco Past Earnings Performance

Past criteria checks 0/6

Key information

3.6%

Earnings growth rate

3.5%

EPS growth rate

Renewable Energy Industry Growth	12.6%
Revenue growth rate	12.4%
Return on equity	18.9%
Net Margin	7.9%
Next Earnings Update	29 Apr 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How TAQA Morocco makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

CBSE:TQM Revenue, expenses and earnings (MAD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	13,191	1,037	295
30 Sep 23	14,168	1,097	297
30 Jun 23	15,146	1,156	299
31 Mar 23	15,036	1,266	301
31 Dec 22	13,604	1,303	301
30 Sep 22	11,929	1,235	301
30 Jun 22	10,254	1,166	302
31 Mar 22	8,558	1,056	312
31 Dec 21	7,812	1,005	312
30 Sep 21	7,525	950	317
30 Jun 21	7,237	895	322
31 Mar 21	7,693	895	243
31 Dec 20	7,789	880	317
30 Sep 20	8,206	928	306
30 Jun 20	8,622	975	294
31 Mar 20	8,870	1,015	284
31 Dec 19	9,118	1,054	274
30 Sep 19	8,985	1,034	267
30 Jun 19	8,852	1,013	261
31 Mar 19	8,681	1,031	260
31 Dec 18	8,511	1,049	258
30 Sep 18	8,346	1,035	260
30 Jun 18	8,181	1,021	261
31 Mar 18	8,132	1,017	258
31 Dec 17	8,082	1,014	255
30 Sep 17	8,076	1,031	249
30 Jun 17	8,069	1,047	242
31 Mar 17	8,059	1,013	236
31 Dec 16	8,049	978	230
30 Sep 16	8,317	983	225
30 Jun 16	8,584	988	219
31 Mar 16	8,736	977	226
31 Dec 15	8,888	966	234
30 Sep 15	8,702	912	240
30 Jun 15	8,622	859	245
31 Mar 15	8,017	829	243
31 Dec 14	7,411	799	241
30 Sep 14	6,639	761	230
30 Jun 14	5,760	723	219
31 Mar 14	5,348	559	209
31 Dec 13	4,936	395	199
30 Sep 13	5,018	391	193
30 Jun 13	5,126	388	187

Growing Profit Margin: TQM's current net profit margins (7.9%) are lower than last year (9.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

TAQA Morocco Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Full year 2023 earnings released: EPS: د.م43.98 (vs د.م55.23 in FY 2022)

TAQA Morocco S.A. to Report Q2, 2024 Results on Sep 13, 2024

First quarter 2023 earnings released

TAQA Morocco S.A. to Report Q3, 2023 Results on Nov 10, 2023

TAQA Morocco S.A. to Report Q2, 2023 Results on Sep 15, 2023

TAQA Morocco S.A. to Report Q1, 2023 Results on May 15, 2023

Recent updates

Price target increased by 7.1% to د.م1,145

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: د.م43.98 (vs د.م55.23 in FY 2022)

TAQA Morocco S.A. to Report Q2, 2024 Results on Sep 13, 2024

First quarter 2023 earnings released

TAQA Morocco S.A. to Report Q3, 2023 Results on Nov 10, 2023

TAQA Morocco S.A. to Report Q2, 2023 Results on Sep 15, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of د.م35.00 per share at 3.3% yield

New minor risk - Share price stability

Price target decreased by 14% to د.م1,060

TAQA Morocco S.A. to Report Q1, 2023 Results on May 15, 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased by 7.3% to د.م1,160

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Now 20% undervalued after recent price drop

Consensus revenue estimates increase by 61%

Price target increased to د.م1,251

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued

Second quarter 2022 earnings released

Upcoming dividend of د.م35.00 per share

Now 22% undervalued after recent price drop

Now 22% undervalued after recent price drop

First quarter 2022 earnings released: EPS: د.م11.87 (vs د.م9.40 in 1Q 2021)

Price target increased to د.م1,150

TAQA Morocco S.A. to Report Q2, 2022 Results on Aug 25, 2022

Price target decreased to د.م979

Price target decreased to د.م979

First half 2021 earnings released: EPS د.م18.80 (vs د.م18.17 in 1H 2020)

Upcoming dividend of د.م35.00 per share

Consensus forecasts updated

Full year 2020 earnings released: EPS د.م37.31 (vs د.م44.69 in FY 2019)

TAQA Morocco S.A. to Report Q3, 2021 Results on Nov 12, 2021

New 90-day high: د.م939

New 90-day high: د.م891

First half earnings released

New 90-day low - د.م850

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta