Company Valuation: Cartier Saada SA

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 145.1 159.3 136.9 129 173.7 157.9
Change - 9.8% -14.05% -5.77% 34.69% -9.12%
Enterprise Value (EV) 1 272.8 285.1 271.3 313.1 379.2 371.6
Change - 4.51% -4.85% 15.42% 21.1% -2.02%
P/E -9.18x -6.24x 59.1x 16.2x 30.3x -6.16x
PBR 1.56x 1.11x 0.95x 0.86x 1.12x 0.93x
PEG - -0.1x -1x 0x -1.1x 0x
Capitalization / Revenue 0.93x 0.68x 0.56x 0.51x 0.59x 0.57x
EV / Revenue 1.74x 1.21x 1.11x 1.24x 1.28x 1.35x
EV / EBITDA -108x -21.8x 16.7x 15.8x 16.6x 0.62x
EV / EBIT -22.2x -15.4x 25.7x 22x 22.4x -26.9x
EV / FCF -64.3x -4.32x -50x -6.1x -21.8x 0.52x
FCF Yield -1.56% -23.1% -2% -16.4% -4.59% 191%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -3 -4.848 0.44 1.51 1.09 -4.87
Distribution rate - - - - - -
Net sales 1 156.7 235.3 244.9 253.4 296.7 275.9
EBITDA 1 -2.524 -13.06 16.27 19.8 22.85 599
EBIT 1 -12.31 -18.52 10.56 14.26 16.95 -13.82
Net income 1 -16.01 -25.52 2.312 7.931 5.737 -25.64
Net Debt 1 127.7 125.8 134.4 184.1 205.5 213.7
Reference price 2 27.55 30.25 26.00 24.50 33.00 29.99
Nbr of stocks (in thousands) 5,265 5,265 5,265 5,265 5,265 5,265
Announcement Date 6/30/21 A 7/21/22 A 7/26/23 A 7/25/24 A 7/23/25 A 7/30/26 A
1MAD in Million2MAD
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 9.89M
16.48x3.3x9.34x4.26% 1.9B
10.85x0.71x5.58x2.1% 1.15B
17.37x0.34x5.65x5.12% 812M
7.76x0.35x4.71x3.33% 297M
15.14x1.47x11.09x3.67% 246M
Average 13.52x 1.23x 7.27x 3.69% 735.25M
Weighted average by Cap. 14.51x 1.78x 7.46x 3.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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