Financials Société Nationale d'Electrolyse et de Pétrochimie S.A.

Equities

SNP

MA0000011728

Commodity Chemicals

End-of-day quote Casablanca S.E. 23:00:00 02/05/2024 BST 5-day change 1st Jan Change
576.2 MAD -0.31% Intraday chart for Société Nationale d'Electrolyse et de Pétrochimie S.A. -3.63% +17.59%

Valuation

Fiscal Period: December 2019 2020 2021 2022
Capitalization 1 1,088 1,060 1,642 1,414
Enterprise Value (EV) 1 1,313 1,285 1,930 1,812
P/E ratio 20 x 13.9 x 13.7 x 17.1 x
Yield - 3.23% 2.78% 2.58%
Capitalization / Revenue 1.15 x 1.16 x 1.52 x 1.28 x
EV / Revenue 1.39 x 1.4 x 1.78 x 1.64 x
EV / EBITDA 9.49 x 7.71 x 8.38 x 9.65 x
EV / FCF 9.16 x -51.6 x -210 x -8.63 x
FCF Yield 10.9% -1.94% -0.48% -11.6%
Price to Book 1.94 x 1.66 x 2.27 x 1.86 x
Nbr of stocks (in thousands) 2,280 2,280 2,280 2,280
Reference price 2 477.0 465.0 720.0 620.0
Announcement Date 30/04/21 30/04/21 05/05/22 28/04/23
1MAD in Million2MAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022
Net sales 1 943.9 916.9 1,083 1,107
EBITDA 1 138.4 166.6 230.5 187.7
EBIT 1 108.3 138.8 203.5 163.7
Operating Margin 11.47% 15.13% 18.8% 14.78%
Earnings before Tax (EBT) 1 92.2 125.7 194.8 146.7
Net income 1 57.14 80.27 126.2 86.96
Net margin 6.05% 8.75% 11.65% 7.85%
EPS 2 23.81 33.45 52.57 36.23
Free Cash Flow 1 143.3 -24.91 -9.181 -209.8
FCF margin 15.19% -2.72% -0.85% -18.95%
FCF Conversion (EBITDA) 103.56% - - -
FCF Conversion (Net income) 250.83% - - -
Dividend per Share - 15.00 20.00 16.00
Announcement Date 30/04/21 30/04/21 05/05/22 28/04/23
1MAD in Million2MAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022
Net Debt 1 226 225 289 398
Net Cash position 1 - - - -
Leverage (Debt/EBITDA) 1.63 x 1.349 x 1.253 x 2.122 x
Free Cash Flow 1 143 -24.9 -9.18 -210
ROE (net income / shareholders' equity) 9.94% 12.7% 17.6% 11.1%
ROA (Net income/ Total Assets) 5.3% 6.37% 7.95% 5.85%
Assets 1 1,079 1,261 1,587 1,486
Book Value Per Share 2 246.0 280.0 318.0 334.0
Cash Flow per Share 2 24.10 94.00 80.30 44.90
Capex 1 38.3 132 184 241
Capex / Sales 4.06% 14.44% 16.97% 21.78%
Announcement Date 30/04/21 30/04/21 05/05/22 28/04/23
1MAD in Million2MAD
Estimates
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