TOTAL MAROC S.A.

TMA
End-of-day quote. End-of-day quote  - 11/26
1705MAD -0.35%
Valuation
Fiscal Period: December 2020 2021
Capitalization1 10 75215 277
Entreprise Value (EV)1 9 96114 394
P/E ratio 24,0x28,5x
Yield -3,00%
Capitalization / Revenue 1,22x1,69x
EV / Revenue 1,13x1,59x
EV / EBITDA 9,41x13,3x
Price to Book --
Nbr of stocks (in thousands) 8 9608 960
Reference price (MAD) 1 2001 705
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 8 8249 049
EBITDA1 1 0581 080
Operating profit (EBIT)1 763787
Operating Margin 8,65%8,70%
Pre-Tax Profit (EBT) --
Net income1 451536
Net margin 5,11%5,92%
EPS2 50,059,8
Dividend per Share2 -51,2
Announcement Date 04/30/2021-
Previous period Next period
1 MAD in Million
2 MAD
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 --
Net Cash position1 791883
Leverage (Debt / EBITDA) -0,75x-0,82x
Free Cash Flow1 932543
ROE (Net Profit / Equities) 19,4%20,4%
Shareholders' equity1 2 3262 628
ROA (Net Profit / Asset) --
Assets1 --
Book Value Per Share --
Cash Flow per Share --
Capex1 456435
Capex / Sales 5,17%4,81%
Announcement Date 04/30/2021-
Previous period Next period
1 MAD in Million
Financial Ratios
Size 2021e 2022e
Capitalization 15 277 M MAD -
Entreprise Value (EV) 14 394 M MAD 14 508 M MAD
Valuation 2021e 2022e
P/E ratio (Price / EPS) 28,5x 26,7x
Capitalization / Revenue 1,69x 1,58x
EV / Revenue 1,59x 1,49x
EV / EBITDA 13,3x 12,6x
Yield (DPS / Price) 3,00% 3,23%
Price to book (Price / BVPS) - -
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 8,70% 8,76%
Operating Leverage (Delta EBIT / Delta Sales) 1,23x 1,11x
Net Margin (Net Profit / Revenue) 5,92% 5,95%
ROA (Net Profit / Asset) - -
ROE (Net Profit / Equities) 20,4% 21,5%
Rate of Dividend 85,6% 86,0%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   4,81% 5,00%
Cash Flow / Sales - -
Capital Intensity (Assets / Sales) - -
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
EPS & Dividend