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Itissalat Al-Maghrib (IAM) S.A
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PenkeI guess you are interested in Itissalat Al-Maghrib (IAM) S.A. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Itissalat Al-Maghrib (IAM) S.A. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Iam (30 sec.)










What can you expect buying and holding a share of Iam? (30 sec.)

How much money do you get?

How much money do you get?
€17.35
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
€23.90
Expected worth in 1 year
€37.56
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
€29.70
Return On Investment
339.4%

For what price can you sell your share?

Current Price per Share
€8.75
Expected price per share
€7.5024 - €9.35
How sure are you?
50%

1. Valuation of Iam (5 min.)




Live pricePrice per Share (EOD)

€8.75

Intrinsic Value Per Share

€75.15 - €91.83

Total Value Per Share

€99.05 - €115.72

2. Growth of Iam (5 min.)




Is Iam growing?

Current yearPrevious yearGrowGrow %
How rich?$22.7b$19.4b$3.2b14.3%

How much money is Iam making?

Current yearPrevious yearGrowGrow %
Making money$522.1m$271.7m$250.3m47.9%
Net Profit Margin13.9%7.5%--

How much money comes from the company's main activities?

3. Financial Health of Iam (5 min.)




4. Comparing to competitors in the Telecom Services industry (5 min.)




  Industry Rankings (Telecom Services)  


Richest
#80 / 252

Most Revenue
#38 / 252

Most Profit
#27 / 252

What can you expect buying and holding a share of Iam? (5 min.)

Welcome investor! Iam's management wants to use your money to grow the business. In return you get a share of Iam.

What can you expect buying and holding a share of Iam?

First you should know what it really means to hold a share of Iam. And how you can make/lose money.

Speculation

The Price per Share of Iam is €8.75. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Iam.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Iam, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €23.90. Based on the TTM, the Book Value Change Per Share is €3.42 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.91 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €4.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Iam.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.596.8%0.596.8%0.313.5%0.505.7%0.576.5%
Usd Book Value Change Per Share3.6942.2%3.6942.2%-0.98-11.2%0.374.3%0.131.5%
Usd Dividend Per Share4.3449.6%4.3449.6%5.1759.1%5.4562.2%6.2070.9%
Usd Total Gains Per Share8.0391.8%8.0391.8%4.1947.9%5.8266.5%6.3372.4%
Usd Price Per Share8.87-8.87-9.43-12.26-12.34-
Price to Earnings Ratio14.93-14.93-30.51-27.65-23.43-
Price-to-Total Gains Ratio1.10-1.10-2.25-2.46-2.14-
Price to Book Ratio0.34-0.34-0.43-0.56-0.54-
Price-to-Total Gains Ratio1.10-1.10-2.25-2.46-2.14-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share9.464875
Number of shares105
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share4.345.45
Usd Book Value Change Per Share3.690.37
Usd Total Gains Per Share8.035.82
Gains per Quarter (105 shares)843.36610.88
Gains per Year (105 shares)3,373.462,443.53
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
118221552336322871572434
236443103673645743134878
3546646551010968614707322
4728862061348291486269766
591097758168551143578312210
6109319309202281372293914654
712753108612360116009109617098
814575124132697418296125219542
916397139643034720583140921986
1018219155163372022870156524430

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%5.05.00.050.0%6.05.00.054.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%

Fundamentals of Iam

About Itissalat Al-Maghrib (IAM) S.A

Itissalat Al-Maghrib (IAM) S.A., together with its subsidiaries, provides various telecommunication solutions in Morocco and internationally. The company offers mobile plans; fixed telecom solutions; Internet services, including optical fibre, 4G+ mobile internet, ADSL broadband, Vsat, leased internet connection, web hosting service, and 4G+ internet box; network solutions, such as IP VPN, ethernet, and leased connections; cloud and data center hosting services, including Microsoft 365, google workspace, DDOS security, and back up as a service solution; value-added services, such as MT tracking, geolocation, audio conference, and mobility management services, as well as e-SIM; home and KIOSK numbers; and digital solutions, including e-learning. It also sells telecommunication equipment, such as mobile terminals, broadband equipment, and connected objects and accessories, as well as provides credit financing services. The company was founded in 1998 and is headquartered in Rabat, Morocco. Itissalat Al-Maghrib (IAM) S.A. is a subsidiary of Emirates Telecommunications Group Company PJSC.

Fundamental data was last updated by Penke on 2024-03-19 18:15:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Itissalat Al-Maghrib (IAM) S.A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Iam earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Iam to the Telecom Services industry mean.
  • A Net Profit Margin of 13.9% means that €0.14 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Itissalat Al-Maghrib (IAM) S.A:

  • The MRQ is 13.9%. The company is making a huge profit. +2
  • The TTM is 13.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ13.9%TTM13.9%0.0%
TTM13.9%YOY7.5%+6.5%
TTM13.9%5Y12.1%+1.8%
5Y12.1%10Y14.6%-2.5%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ13.9%4.9%+9.0%
TTM13.9%4.4%+9.5%
YOY7.5%5.8%+1.7%
5Y12.1%5.8%+6.3%
10Y14.6%5.8%+8.8%
1.1.2. Return on Assets

Shows how efficient Iam is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Iam to the Telecom Services industry mean.
  • 0.7% Return on Assets means that Iam generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Itissalat Al-Maghrib (IAM) S.A:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.7%0.0%
TTM0.7%YOY0.4%+0.4%
TTM0.7%5Y0.6%+0.1%
5Y0.6%10Y0.8%-0.1%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%0.7%+0.0%
TTM0.7%0.8%-0.1%
YOY0.4%0.9%-0.5%
5Y0.6%0.9%-0.3%
10Y0.8%1.0%-0.2%
1.1.3. Return on Equity

Shows how efficient Iam is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Iam to the Telecom Services industry mean.
  • 2.8% Return on Equity means Iam generated €0.03 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Itissalat Al-Maghrib (IAM) S.A:

  • The MRQ is 2.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.8%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.8%TTM2.8%0.0%
TTM2.8%YOY1.8%+1.0%
TTM2.8%5Y2.9%0.0%
5Y2.9%10Y3.1%-0.3%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%2.4%+0.4%
TTM2.8%2.2%+0.6%
YOY1.8%3.2%-1.4%
5Y2.9%2.7%+0.2%
10Y3.1%2.9%+0.2%

1.2. Operating Efficiency of Itissalat Al-Maghrib (IAM) S.A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Iam is operating .

  • Measures how much profit Iam makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Iam to the Telecom Services industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Itissalat Al-Maghrib (IAM) S.A:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY24.4%-24.4%
TTM-5Y22.4%-22.4%
5Y22.4%10Y28.8%-6.3%
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-11.0%-11.0%
TTM-7.5%-7.5%
YOY24.4%11.9%+12.5%
5Y22.4%11.4%+11.0%
10Y28.8%11.6%+17.2%
1.2.2. Operating Ratio

Measures how efficient Iam is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Telecom Services industry mean).
  • An Operation Ratio of 0.79 means that the operating costs are €0.79 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Itissalat Al-Maghrib (IAM) S.A:

  • The MRQ is 0.792. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.792. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.792TTM0.7920.000
TTM0.792YOY0.853-0.061
TTM0.7925Y0.841-0.049
5Y0.84110Y0.883-0.042
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7921.019-0.227
TTM0.7921.017-0.225
YOY0.8530.967-0.114
5Y0.8410.987-0.146
10Y0.8830.967-0.084

1.3. Liquidity of Itissalat Al-Maghrib (IAM) S.A.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Iam is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Telecom Services industry mean).
  • A Current Ratio of 0.35 means the company has €0.35 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Itissalat Al-Maghrib (IAM) S.A:

  • The MRQ is 0.350. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.350. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.350TTM0.3500.000
TTM0.350YOY0.368-0.019
TTM0.3505Y0.355-0.006
5Y0.35510Y0.378-0.023
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3500.916-0.566
TTM0.3500.918-0.568
YOY0.3680.961-0.593
5Y0.3551.035-0.680
10Y0.3780.981-0.603
1.3.2. Quick Ratio

Measures if Iam is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Iam to the Telecom Services industry mean.
  • A Quick Ratio of 0.23 means the company can pay off €0.23 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Itissalat Al-Maghrib (IAM) S.A:

  • The MRQ is 0.233. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.233. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.233TTM0.2330.000
TTM0.233YOY0.226+0.007
TTM0.2335Y0.232+0.000
5Y0.23210Y0.279-0.047
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2330.629-0.396
TTM0.2330.653-0.420
YOY0.2260.698-0.472
5Y0.2320.729-0.497
10Y0.2790.717-0.438

1.4. Solvency of Itissalat Al-Maghrib (IAM) S.A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Iam assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Iam to Telecom Services industry mean.
  • A Debt to Asset Ratio of 0.68 means that Iam assets are financed with 68.0% credit (debt) and the remaining percentage (100% - 68.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Itissalat Al-Maghrib (IAM) S.A:

  • The MRQ is 0.680. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.680. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.680TTM0.6800.000
TTM0.680YOY0.725-0.046
TTM0.6805Y0.718-0.039
5Y0.71810Y0.688+0.030
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6800.634+0.046
TTM0.6800.630+0.050
YOY0.7250.630+0.095
5Y0.7180.630+0.088
10Y0.6880.627+0.061
1.4.2. Debt to Equity Ratio

Measures if Iam is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Iam to the Telecom Services industry mean.
  • A Debt to Equity ratio of 260.1% means that company has €2.60 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Itissalat Al-Maghrib (IAM) S.A:

  • The MRQ is 2.601. The company is unable to pay all its debts with equity. -1
  • The TTM is 2.601. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ2.601TTM2.6010.000
TTM2.601YOY3.421-0.820
TTM2.6015Y3.327-0.726
5Y3.32710Y2.906+0.421
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.6011.573+1.028
TTM2.6011.620+0.981
YOY3.4211.684+1.737
5Y3.3271.719+1.608
10Y2.9061.657+1.249

2. Market Valuation of Itissalat Al-Maghrib (IAM) S.A

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Iam generates.

  • Above 15 is considered overpriced but always compare Iam to the Telecom Services industry mean.
  • A PE ratio of 14.93 means the investor is paying €14.93 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Itissalat Al-Maghrib (IAM) S.A:

  • The EOD is 15.934. Based on the earnings, the company is fair priced.
  • The MRQ is 14.932. Based on the earnings, the company is underpriced. +1
  • The TTM is 14.932. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD15.934MRQ14.932+1.002
MRQ14.932TTM14.9320.000
TTM14.932YOY30.505-15.573
TTM14.9325Y27.651-12.719
5Y27.65110Y23.427+4.224
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD15.93410.274+5.660
MRQ14.93210.391+4.541
TTM14.93211.264+3.668
YOY30.50512.797+17.708
5Y27.65114.809+12.842
10Y23.42715.323+8.104
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Itissalat Al-Maghrib (IAM) S.A:

  • The EOD is 0.931. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 0.872. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 0.872. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.931MRQ0.872+0.058
MRQ0.872TTM0.8720.000
TTM0.872YOY1.555-0.683
TTM0.8725Y1.420-0.548
5Y1.42010Y1.045+0.374
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.9315.493-4.562
MRQ0.8724.732-3.860
TTM0.8724.684-3.812
YOY1.5554.935-3.380
5Y1.4206.527-5.107
10Y1.0456.296-5.251
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Iam is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Telecom Services industry mean).
  • A PB ratio of 0.34 means the investor is paying €0.34 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Itissalat Al-Maghrib (IAM) S.A:

  • The EOD is 0.366. Based on the equity, the company is cheap. +2
  • The MRQ is 0.343. Based on the equity, the company is cheap. +2
  • The TTM is 0.343. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.366MRQ0.343+0.023
MRQ0.343TTM0.3430.000
TTM0.343YOY0.426-0.083
TTM0.3435Y0.563-0.220
5Y0.56310Y0.538+0.025
Compared to industry (Telecom Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.3661.422-1.056
MRQ0.3431.384-1.041
TTM0.3431.515-1.172
YOY0.4261.828-1.402
5Y0.5631.817-1.254
10Y0.5382.315-1.777
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Itissalat Al-Maghrib (IAM) S.A compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--3.4153.4150%-0.909+127%0.344+891%0.122+2703%
Book Value Per Share--23.89523.8950%20.480+17%20.591+16%21.490+11%
Current Ratio--0.3500.3500%0.368-5%0.355-2%0.378-7%
Debt To Asset Ratio--0.6800.6800%0.725-6%0.718-5%0.688-1%
Debt To Equity Ratio--2.6012.6010%3.421-24%3.327-22%2.906-10%
Dividend Per Share--4.0104.0100%4.780-16%5.034-20%5.732-30%
Eps--0.5490.5490%0.286+92%0.461+19%0.530+4%
Free Cash Flow Per Share--9.4039.4030%5.607+68%8.131+16%7.919+19%
Free Cash Flow To Equity Per Share--9.4039.4030%0.255+3590%2.234+321%1.469+540%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--91.829--------
Intrinsic Value_10Y_min--75.154--------
Intrinsic Value_1Y_max--8.386--------
Intrinsic Value_1Y_min--8.062--------
Intrinsic Value_3Y_max--25.818--------
Intrinsic Value_3Y_min--23.906--------
Intrinsic Value_5Y_max--44.000--------
Intrinsic Value_5Y_min--39.282--------
Market Cap7691346320.000+6%7207890265.6007207890265.6000%7664975989.760-6%9962781690.072-28%10026650327.654-28%
Net Profit Margin--0.1390.1390%0.075+86%0.121+15%0.146-4%
Operating Margin----0%0.244-100%0.224-100%0.288-100%
Operating Ratio--0.7920.7920%0.853-7%0.841-6%0.883-10%
Pb Ratio0.366+6%0.3430.3430%0.426-19%0.563-39%0.538-36%
Pe Ratio15.934+6%14.93214.9320%30.505-51%27.651-46%23.427-36%
Price Per Share8.750+6%8.2008.2000%8.720-6%11.334-28%11.407-28%
Price To Free Cash Flow Ratio0.931+6%0.8720.8720%1.555-44%1.420-39%1.045-17%
Price To Total Gains Ratio1.178+6%1.1041.1040%2.252-51%2.458-55%2.140-48%
Quick Ratio--0.2330.2330%0.226+3%0.232+0%0.279-17%
Return On Assets--0.0070.0070%0.004+92%0.006+16%0.008-5%
Return On Equity--0.0280.0280%0.018+56%0.029-1%0.031-9%
Total Gains Per Share--7.4257.4250%3.871+92%5.379+38%5.854+27%
Usd Book Value--22720026800.00022720026800.0000%19472763400.000+17%19578553660.000+16%20433745680.000+11%
Usd Book Value Change Per Share--3.6943.6940%-0.983+127%0.373+891%0.132+2703%
Usd Book Value Per Share--25.84725.8470%22.153+17%22.273+16%23.246+11%
Usd Dividend Per Share--4.3384.3380%5.171-16%5.445-20%6.200-30%
Usd Eps--0.5940.5940%0.309+92%0.499+19%0.573+4%
Usd Free Cash Flow--8940250500.0008940250500.0000%5331699300.000+68%7731558920.000+16%5270475080.000+70%
Usd Free Cash Flow Per Share--10.17110.1710%6.066+68%8.796+16%8.566+19%
Usd Free Cash Flow To Equity Per Share--10.17110.1710%0.276+3590%2.417+321%1.589+540%
Usd Market Cap8319729314.344+6%7796774900.3007796774900.3000%8291204528.123-6%10776740954.151-28%10845827659.423-28%
Usd Price Per Share9.465+6%8.8708.8700%9.432-6%12.260-28%12.339-28%
Usd Profit--522144929.907522144929.9070%271796054.750+92%438629414.902+19%503554079.762+4%
Usd Revenue--3748215847.3963748215847.3960%3635939368.052+3%3632934786.210+3%3491976410.471+7%
Usd Total Gains Per Share--8.0328.0320%4.188+92%5.818+38%6.332+27%
 EOD+4 -4MRQTTM+0 -0YOY+27 -85Y+26 -910Y+23 -12

3.2. Fundamental Score

Let's check the fundamental score of Itissalat Al-Maghrib (IAM) S.A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.934
Price to Book Ratio (EOD)Between0-10.366
Net Profit Margin (MRQ)Greater than00.139
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.233
Current Ratio (MRQ)Greater than10.350
Debt to Asset Ratio (MRQ)Less than10.680
Debt to Equity Ratio (MRQ)Less than12.601
Return on Equity (MRQ)Greater than0.150.028
Return on Assets (MRQ)Greater than0.050.007
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of Itissalat Al-Maghrib (IAM) S.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.904
Ma 20Greater thanMa 508.785
Ma 50Greater thanMa 1008.676
Ma 100Greater thanMa 2008.560
OpenGreater thanClose8.750
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in EUR. All numbers in thousands.

Summary
Total Assets65,543,000
Total Liabilities44,539,000
Total Stockholder Equity17,126,000
 As reported
Total Liabilities 44,539,000
Total Stockholder Equity+ 17,126,000
Total Assets = 65,543,000

Assets

Total Assets65,543,000
Total Current Assets13,871,000
Long-term Assets51,672,000
Total Current Assets
Cash And Cash Equivalents 1,013,000
Net Receivables 9,232,000
Inventory 445,000
Total Current Assets  (as reported)13,871,000
Total Current Assets  (calculated)10,690,000
+/- 3,181,000
Long-term Assets
Property Plant Equipment 32,026,000
Goodwill 9,230,000
Intangible Assets 7,300,000
Long-term Assets Other 2,000
Long-term Assets  (as reported)51,672,000
Long-term Assets  (calculated)48,558,000
+/- 3,114,000

Liabilities & Shareholders' Equity

Total Current Liabilities39,671,000
Long-term Liabilities4,868,000
Total Stockholder Equity17,126,000
Total Current Liabilities
Short Long Term Debt 12,791,000
Accounts payable 13,270,000
Total Current Liabilities  (as reported)39,671,000
Total Current Liabilities  (calculated)26,061,000
+/- 13,610,000
Long-term Liabilities
Long term Debt 2,991,000
Capital Lease Obligations Min Short Term Debt1,626,000
Long-term Liabilities Other -1,000
Long-term Liabilities  (as reported)4,868,000
Long-term Liabilities  (calculated)4,616,000
+/- 252,000
Total Stockholder Equity
Retained Earnings 11,851,000
Total Stockholder Equity (as reported)17,126,000
Total Stockholder Equity (calculated)11,851,000
+/- 5,275,000
Other
Capital Stock5,275,000
Common Stock Shares Outstanding 879,011
Net Debt 14,769,000
Net Invested Capital 32,908,000
Net Working Capital -25,800,000
Property Plant and Equipment Gross 134,841,000



Balance Sheet

Currency in EUR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
> Total Assets 
47,167,000
45,824,000
60,549,000
61,296,000
62,682,000
62,131,000
64,851,000
63,540,000
61,782,000
65,530,000
65,543,000
65,543,00065,530,00061,782,00063,540,00064,851,00062,131,00062,682,00061,296,00060,549,00045,824,00047,167,000
   > Total Current Assets 
11,248,000
10,539,000
14,889,000
14,974,000
13,803,000
14,078,000
13,365,000
14,960,000
15,222,000
15,673,000
13,871,000
13,871,00015,673,00015,222,00014,960,00013,365,00014,078,00013,803,00014,974,00014,889,00010,539,00011,248,000
       Cash And Cash Equivalents 
1,084,000
1,259,000
3,082,000
2,338,000
1,923,000
1,664,000
1,479,000
2,691,000
2,024,000
1,872,000
1,013,000
1,013,0001,872,0002,024,0002,691,0001,479,0001,664,0001,923,0002,338,0003,082,0001,259,0001,084,000
       Short-term Investments 
0
0
126,000
156,000
119,000
138,000
3,000
54,000
54,000
157,000
0
0157,00054,00054,0003,000138,000119,000156,000126,00000
       Net Receivables 
9,621,000
8,713,000
11,192,000
12,001,000
11,325,000
11,839,000
11,380,000
8,474,000
9,181,000
9,444,000
9,232,000
9,232,0009,444,0009,181,0008,474,00011,380,00011,839,00011,325,00012,001,00011,192,0008,713,0009,621,000
       Inventory 
433,000
400,000
375,000
324,000
296,000
348,000
321,000
271,000
318,000
484,000
445,000
445,000484,000318,000271,000321,000348,000296,000324,000375,000400,000433,000
       Other Current Assets 
110,000
167,000
114,000
55,000
53,000
53,000
178,000
183,000
181,000
54,000
0
054,000181,000183,000178,00053,00053,00055,000114,000167,000110,000
   > Long-term Assets 
0
0
0
46,322,000
48,879,000
48,053,000
51,486,000
48,579,000
46,560,000
49,857,000
51,672,000
51,672,00049,857,00046,560,00048,579,00051,486,00048,053,00048,879,00046,322,000000
       Property Plant Equipment 
25,548,000
25,135,000
29,339,000
29,981,000
32,090,000
31,301,000
32,668,000
29,911,000
28,771,000
30,670,000
32,026,000
32,026,00030,670,00028,771,00029,911,00032,668,00031,301,00032,090,00029,981,00029,339,00025,135,00025,548,000
       Goodwill 
6,913,000
6,796,000
8,440,000
8,360,000
8,695,000
8,548,000
9,201,000
9,315,000
8,976,000
9,389,000
9,230,000
9,230,0009,389,0008,976,0009,315,0009,201,0008,548,0008,695,0008,360,0008,440,0006,796,0006,913,000
       Long Term Investments 
204,000
293,000
329,000
327,000
335,000
299,000
185,000
0
0
0
0
0000185,000299,000335,000327,000329,000293,000204,000
       Intangible Assets 
3,147,000
2,958,000
7,123,000
7,378,000
7,485,000
7,681,000
8,809,000
8,120,000
7,520,000
7,696,000
7,300,000
7,300,0007,696,0007,520,0008,120,0008,809,0007,681,0007,485,0007,378,0007,123,0002,958,0003,147,000
       Long-term Assets Other 
0
0
0
46,322,000
1,000
-1,000
-1,000
-1,000
2,000
0
2,000
2,00002,000-1,000-1,000-1,0001,00046,322,000000
> Total Liabilities 
27,234,000
25,662,000
40,845,000
41,998,000
42,931,000
42,641,000
48,848,000
46,851,000
42,981,000
47,528,000
44,539,000
44,539,00047,528,00042,981,00046,851,00048,848,00042,641,00042,931,00041,998,00040,845,00025,662,00027,234,000
   > Total Current Liabilities 
26,241,000
24,768,000
33,990,000
36,596,000
37,918,000
38,456,000
43,908,000
41,538,000
38,661,000
42,535,000
39,671,000
39,671,00042,535,00038,661,00041,538,00043,908,00038,456,00037,918,00036,596,00033,990,00024,768,00026,241,000
       Short-term Debt 
7,983,000
1,100,000
2,443,000
10,110,000
10,890,000
12,129,000
14,339,000
0
0
0
0
000014,339,00012,129,00010,890,00010,110,0002,443,0001,100,0007,983,000
       Short Long Term Debt 
7,983,000
1,100,000
2,443,000
10,110,000
10,890,000
12,129,000
14,339,000
15,168,000
12,288,000
13,509,000
12,791,000
12,791,00013,509,00012,288,00015,168,00014,339,00012,129,00010,890,00010,110,0002,443,0001,100,0007,983,000
       Accounts payable 
15,130,000
15,211,000
13,732,000
15,247,000
16,265,000
21,297,000
20,934,000
20,733,000
16,656,000
26,228,000
13,270,000
13,270,00026,228,00016,656,00020,733,00020,934,00021,297,00016,265,00015,247,00013,732,00015,211,00015,130,000
       Other Current Liabilities 
833,000
898,000
8,420,000
9,132,000
8,393,000
2,232,000
5,366,000
1,919,000
2,119,000
2,387,000
0
02,387,0002,119,0001,919,0005,366,0002,232,0008,393,0009,132,0008,420,000898,000833,000
   > Long-term Liabilities 
0
0
0
5,402,000
5,013,000
4,185,000
4,940,000
5,313,000
4,320,000
4,993,000
4,868,000
4,868,0004,993,0004,320,0005,313,0004,940,0004,185,0005,013,0005,402,000000
       Capital Lease Obligations 
0
0
0
0
0
0
1,652,000
1,639,000
1,460,000
1,468,000
1,626,000
1,626,0001,468,0001,460,0001,639,0001,652,000000000
> Total Stockholder Equity
15,331,000
15,884,000
15,344,000
15,476,000
15,835,000
15,668,000
12,069,000
12,721,000
14,914,000
13,895,000
17,126,000
17,126,00013,895,00014,914,00012,721,00012,069,00015,668,00015,835,00015,476,00015,344,00015,884,00015,331,000
   Common Stock
5,275,000
5,275,000
5,275,000
5,275,000
5,275,000
5,275,000
5,275,000
5,275,000
5,275,000
5,275,000
0
05,275,0005,275,0005,275,0005,275,0005,275,0005,275,0005,275,0005,275,0005,275,0005,275,000
   Retained Earnings 
10,204,000
10,833,000
5,595,000
5,598,000
5,706,000
10,699,000
7,223,000
7,786,000
10,200,000
2,750,000
11,851,000
11,851,0002,750,00010,200,0007,786,0007,223,00010,699,0005,706,0005,598,0005,595,00010,833,00010,204,000
   Capital Surplus 00000000000
   Treasury Stock00000000000
   Other Stockholders Equity 
-148,000
-224,000
4,474,000
4,603,000
4,854,000
-306,000
-429,000
-340,000
-561,000
5,870,000
0
05,870,000-561,000-340,000-429,000-306,0004,854,0004,603,0004,474,000-224,000-148,000



Balance Sheet

Currency in EUR. All numbers in thousands.




Cash Flow

Currency in EUR. All numbers in thousands.




Income Statement

Currency in MAD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue37,924,000
Cost of Revenue-5,106,000
Gross Profit32,818,00032,818,000
 
Operating Income (+$)
Gross Profit32,818,000
Operating Expense-24,911,000
Operating Income13,013,0007,907,000
 
Operating Expense (+$)
Research Development-
Selling General Administrative901,000
Selling And Marketing Expenses-
Operating Expense24,911,000901,000
 
Net Interest Income (+$)
Interest Income42,000
Interest Expense-892,000
Other Finance Cost-75,000
Net Interest Income-775,000
 
Pretax Income (+$)
Operating Income13,013,000
Net Interest Income-775,000
Other Non-Operating Income Expenses-
Income Before Tax (EBT)9,998,00013,013,000
EBIT - interestExpense = -892,000
5,283,000
6,175,000
Interest Expense892,000
Earnings Before Interest and Taxes (EBIT)-10,890,000
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax9,998,000
Tax Provision-3,838,000
Net Income From Continuing Ops6,160,0006,160,000
Net Income5,283,000
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-775,000
 

Technical Analysis of Iam
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Iam. The general trend of Iam is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Iam's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Itissalat Al-Maghrib (IAM) S.A.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 9.05 < 9.1 < 9.35.

The bearish price targets are: 8 > 7.9256 > 7.5024.

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Itissalat Al-Maghrib (IAM) S.A Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Itissalat Al-Maghrib (IAM) S.A. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Itissalat Al-Maghrib (IAM) S.A Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Itissalat Al-Maghrib (IAM) S.A. The current macd is 0.01671197.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Iam price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Iam. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Iam price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Itissalat Al-Maghrib (IAM) S.A Daily Moving Average Convergence/Divergence (MACD) ChartItissalat Al-Maghrib (IAM) S.A Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Itissalat Al-Maghrib (IAM) S.A. The current adx is 12.16.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Iam shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Itissalat Al-Maghrib (IAM) S.A Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Itissalat Al-Maghrib (IAM) S.A. The current sar is 8.46247572.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Itissalat Al-Maghrib (IAM) S.A Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Itissalat Al-Maghrib (IAM) S.A. The current rsi is 51.90. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Itissalat Al-Maghrib (IAM) S.A Daily Relative Strength Index (RSI) ChartItissalat Al-Maghrib (IAM) S.A Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Itissalat Al-Maghrib (IAM) S.A. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 3/(-6 +6).

  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Iam price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Itissalat Al-Maghrib (IAM) S.A Daily Stochastic Oscillator ChartItissalat Al-Maghrib (IAM) S.A Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Itissalat Al-Maghrib (IAM) S.A. The current cci is -25.36231884.

Itissalat Al-Maghrib (IAM) S.A Daily Commodity Channel Index (CCI) ChartItissalat Al-Maghrib (IAM) S.A Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Itissalat Al-Maghrib (IAM) S.A. The current cmo is 5.1709231.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Itissalat Al-Maghrib (IAM) S.A Daily Chande Momentum Oscillator (CMO) ChartItissalat Al-Maghrib (IAM) S.A Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Itissalat Al-Maghrib (IAM) S.A. The current willr is -50.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Iam is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Itissalat Al-Maghrib (IAM) S.A Daily Williams %R ChartItissalat Al-Maghrib (IAM) S.A Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Itissalat Al-Maghrib (IAM) S.A.

Itissalat Al-Maghrib (IAM) S.A Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Itissalat Al-Maghrib (IAM) S.A. The current atr is 0.09254503.

Itissalat Al-Maghrib (IAM) S.A Daily Average True Range (ATR) ChartItissalat Al-Maghrib (IAM) S.A Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Itissalat Al-Maghrib (IAM) S.A. The current obv is 5,861.

Itissalat Al-Maghrib (IAM) S.A Daily On-Balance Volume (OBV) ChartItissalat Al-Maghrib (IAM) S.A Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Itissalat Al-Maghrib (IAM) S.A. The current mfi is 47.25.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Itissalat Al-Maghrib (IAM) S.A Daily Money Flow Index (MFI) ChartItissalat Al-Maghrib (IAM) S.A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Itissalat Al-Maghrib (IAM) S.A.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-13MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-16MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Itissalat Al-Maghrib (IAM) S.A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Itissalat Al-Maghrib (IAM) S.A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.904
Ma 20Greater thanMa 508.785
Ma 50Greater thanMa 1008.676
Ma 100Greater thanMa 2008.560
OpenGreater thanClose8.750
Total4/5 (80.0%)
Penke

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