Mutandis SCA

Mutandis SCA maintains a capital structure characterized by significant leverage, with long-term debt of 1,236.78 million MAD against total equity of 1,551.39 million MAD, resulting in a debt-to-equity ratio of 0.8. The company holds 59.25 million MAD in cash and equivalents, leading to a negative net cash position after subtracting total debt. Liquidity is assessed as medium, supported by a current ratio of 1.12, which indicates adequate short-term coverage of liabilities. Operating cash flow stands at 262.73 million MAD, while free cash flow is 73.31 million MAD after capital expenditures of 91.82 million MAD.

Profitability metrics show a return on equity of 6.0% and a return on assets of 2.75%. The company generated 2,021.82 million MAD in revenue, with a gross profit of 822.40 million MAD and operating income of 181.83 million MAD. Net income for the period was 126.16 million MAD. Without cohort median data provided, these returns are evaluated in isolation, showing modest efficiency in asset utilization and equity generation.

Segment and geographic revenue breakdowns are not available in the provided data. The analysis relies on consolidated financial figures, with no specific concentration risks identified from segment disclosures. The company's total assets amount to 3,382.88 million MAD, with total liabilities at 1,831.50 million MAD.

Historical growth trajectory data is absent from the input. The current revenue base of 2,021.82 million MAD serves as the primary reference point for scale. Without multi-period historical data, trends in revenue expansion or contraction cannot be quantified.

Risk assessment highlights medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, indicating reliance on debt financing. The company has 9.25 million shares outstanding, with no difference between basic and diluted shares, suggesting minimal immediate dilution pressure from options or convertibles.

Recent observations include analyst estimates with a mean price target of 316.90 MAD and a mean recommendation of 3.00, indicating a neutral stance. There are no strong buy or buy ratings, with only one hold rating recorded. No specific filing, news, or transcript events are detailed in the provided data.

Net income surged 26.4% year-over-year to MAD 159.4 million, demonstrating strong profitability growth momentum.

Operating income jumped 43.2% year-over-year, significantly outpacing revenue growth and indicating improved operational efficiency.

Free cash flow turned positive at MAD 73.3 million, reversing previous deficits and improving liquidity position.

Analyst consensus implies 40.8% upside potential, with a mean price target of MAD 316.9 versus current price.

High credit risk flag indicates significant exposure to potential loan defaults or financial instability within the portfolio.

Net margin of 4.3% remains below the cohort median of 5.27%, indicating weaker bottom-line profitability relative to industry.

Medium liquidity risk flag suggests potential challenges in meeting short-term obligations or managing cash flow volatility.

Long-term debt increased to MAD 1.47 billion, reflecting higher leverage that could constrain future financial flexibility.

Revenue MAD 2.17B, −7,0% YoY; Operating income +8,0% YoY.

• ▍Revenue MAD 2.17B, −7,0% YoY
• ▍Operating income +8,0% YoY
• ▍Net income −6,5% YoY
• ▍Free cash flow +19,7% YoY
• ▍Net margin 4.3%

Revenue MAD 2.33B, +38,2% YoY; Operating income +44,2% YoY.

• ▍Revenue MAD 2.33B, +38,2% YoY
• ▍Operating income +44,2% YoY
• ▍Net income +66,0% YoY
• ▍Free cash flow −4 517,4% YoY
• ▍Net margin 4.3%

Revenue MAD 1.68B; Operating income MAD 119.0M.

• ▍Revenue MAD 1.68B
• ▍Operating income MAD 119.0M
• ▍Net margin 3.6%