COSUMAR SA

CSR
End-of-day quote. End-of-day quote  - 11/26
263MAD -0.75%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 19 85224 850
Entreprise Value (EV)1 21 46625 735
P/E ratio -29,7x
Yield 2,86%2,48%
Capitalization / Revenue 2,30x2,87x
EV / Revenue 2,49x2,98x
EV / EBITDA 11,7x14,5x
Price to Book --
Nbr of stocks (in thousands) 94 48794 487
Reference price (MAD) 210263
Announcement Date 03/18/2021-
Previous period Next period
1 MAD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 8 6308 645
EBITDA1 1 8301 781
Operating profit (EBIT)1 1 4151 335
Operating Margin 16,4%15,4%
Pre-Tax Profit (EBT)1 1 2081 134
Net income1 810867
Net margin 9,39%10,0%
EPS2 -8,86
Dividend per Share2 6,006,53
Announcement Date 03/18/2021-
Previous period Next period
1 MAD in Million
2 MAD
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 1 614885
Net Cash position1 --
Leverage (Debt / EBITDA) 0,88x0,50x
Free Cash Flow1 2221 516
ROE (Net Profit / Equities) 15,7%15,5%
Shareholders' equity1 5 1515 594
ROA (Net Profit / Asset) --
Assets1 --
Book Value Per Share --
Cash Flow per Share --
Capex1 458388
Capex / Sales 5,30%4,48%
Announcement Date 03/18/2021-
Previous period Next period
1 MAD in Million
Financial Ratios
Size 2021e 2022e
Capitalization 24 850 M MAD -
Entreprise Value (EV) 25 735 M MAD 25 191 M MAD
Valuation 2021e 2022e
P/E ratio (Price / EPS) 29,7x 24,2x
Capitalization / Revenue 2,87x 2,78x
EV / Revenue 2,98x 2,88x
EV / EBITDA 14,5x 13,3x
Yield (DPS / Price) 2,48% 3,28%
Price to book (Price / BVPS) - -
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 15,4% 17,3%
Operating Leverage (Delta EBIT / Delta Sales) - 4,66x
Net Margin (Net Profit / Revenue) 10,0% 11,4%
ROA (Net Profit / Asset) - -
ROE (Net Profit / Equities) 15,5% 17,6%
Rate of Dividend 73,7% 79,6%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   4,48% 4,13%
Cash Flow / Sales - -
Capital Intensity (Assets / Sales) - -
Financial Leverage (Net Debt / EBITDA) 0,50x 0,18x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend