LAFARGEHOLCIM MAROC

LHM
End-of-day quote. End-of-day quote  - 12/03
2106MAD -0.66%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 37 31149 111
Entreprise Value (EV)1 43 21454 213
P/E ratio 25,0x25,6x
Yield 3,13%2,88%
Capitalization / Revenue 5,35x6,21x
EV / Revenue 6,19x6,86x
EV / EBITDA 11,4x12,4x
Price to Book -4,33x
Nbr of stocks (in thousands) 23 32023 320
Reference price (MAD) 1 6002 106
Announcement Date 04/30/2021-
Previous period Next period
1 MAD in Million
Estimates
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 6 9807 904
EBITDA1 3 7784 365
Operating profit (EBIT)1 3 0763 503
Operating Margin 44,1%44,3%
Pre-Tax Profit (EBT)1 -2 722
Net income1 1 4921 926
Net margin 21,4%24,4%
EPS2 64,082,4
Dividend per Share2 50,060,7
Announcement Date 04/30/2021-
Previous period Next period
1 MAD in Million
2 MAD
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 5 9025 102
Net Cash position1 --
Leverage (Debt / EBITDA) 1,56x1,17x
Free Cash Flow1 1 5392 046
ROE (Net Profit / Equities) 14,6%17,8%
Shareholders' equity1 10 24410 797
ROA (Net Profit / Asset) --
Assets1 --
Book Value Per Share2 -487
Cash Flow per Share --
Capex1 470590
Capex / Sales 6,74%7,46%
Announcement Date 04/30/2021-
Previous period Next period
1 MAD in Million
2 MAD
Financial Ratios
Size 2021e 2022e
Capitalization 49 111 M MAD -
Entreprise Value (EV) 54 213 M MAD 53 400 M MAD
Valuation 2021e 2022e
P/E ratio (Price / EPS) 25,6x 24,8x
Capitalization / Revenue 6,21x 5,93x
EV / Revenue 6,86x 6,55x
EV / EBITDA 12,4x 11,9x
Yield (DPS / Price) 2,88% 3,04%
Price to book (Price / BVPS) 4,33x 4,19x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 44,3% 43,2%
Operating Leverage (Delta EBIT / Delta Sales) 1,05x 0,43x
Net Margin (Net Profit / Revenue) 24,4% 24,0%
ROA (Net Profit / Asset) - -
ROE (Net Profit / Equities) 17,8% 17,3%
Rate of Dividend 73,7% 75,3%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   7,46% 8,00%
Cash Flow / Sales - -
Capital Intensity (Assets / Sales) - -
Financial Leverage (Net Debt / EBITDA) 1,17x 0,95x
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend