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Société des Caoutchoucs de Grand-Béréby

BRVM:SOGC
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SOGC
BRVM
CFA38B
Market Cap
  1. Home
  2. CI
  3. Food, Beverage & Tobacco
Company description

Société des Caoutchoucs de Grand-Béréby S.A. The last earnings update was 198 days ago. More info.


Add to Portfolio Compare Print
  • Société des Caoutchoucs de Grand-Béréby has significant price volatility in the past 3 months.
SOGC Share Price and Events
7 Day Returns
-3.8%
BRVM:SOGC
-4.6%
CI Food
-1%
CI Market
1 Year Returns
-32.7%
BRVM:SOGC
-39.6%
CI Food
-24.8%
CI Market
SOGC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Société des Caoutchoucs de Grand-Béréby (SOGC) -3.8% -20.5% -19% -32.7% -52.8% -30%
CI Food -4.6% -22.5% -31% -39.6% -77.9% -23.3%
CI Market -1% -11.1% -11% -24.8% -54.5% -49.3%
1 Year Return vs Industry and Market
  • SOGC outperformed the Food industry which returned -39.6% over the past year.
  • SOGC underperformed the Market in Côte d'Ivoire which returned -24.8% over the past year.
Price Volatility
SOGC
Industry
5yr Volatility vs Market

Value

 Is Société des Caoutchoucs de Grand-Béréby undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Société des Caoutchoucs de Grand-Béréby to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Société des Caoutchoucs de Grand-Béréby.

BRVM:SOGC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 17.4%
Perpetual Growth Rate 10-Year CI Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BRVM:SOGC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CI Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 11%
Food Unlevered Beta Simply Wall St/ S&P Global 0.5
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.502 (1 + (1- 30%) (53.65%))
0.792
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (0.8 * 11%)
17.4%

Discounted Cash Flow Calculation for BRVM:SOGC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Société des Caoutchoucs de Grand-Béréby is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BRVM:SOGC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (XOF, Millions) Source Present Value
Discounted (@ 17.4%)
2020 10,049.01 Est @ 5.82% 8,559.63
2021 10,717.92 Est @ 6.66% 7,776.32
2022 11,493.85 Est @ 7.24% 7,103.32
2023 12,372.87 Est @ 7.65% 6,513.25
2024 13,354.45 Est @ 7.93% 5,988.05
2025 14,440.62 Est @ 8.13% 5,515.40
2026 15,635.34 Est @ 8.27% 5,086.64
2027 16,944.23 Est @ 8.37% 4,695.45
2028 18,374.32 Est @ 8.44% 4,337.09
2029 19,933.92 Est @ 8.49% 4,007.85
Present value of next 10 years cash flows CFA59,583.00
BRVM:SOGC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CFA19,933.92 × (1 + 8.6%) ÷ (17.4% – 8.6%)
CFA246,002.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CFA246,002.73 ÷ (1 + 17.4%)10
CFA49,460.55
BRVM:SOGC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CFA59,583.00 + CFA49,460.55
CFA109,043.55
Equity Value per Share
(XOF)
= Total value / Shares Outstanding
= CFA109,043.55 / 21.60
CFA5047.88
BRVM:SOGC Discount to Share Price
Calculation Result
Value per share (XOF) From above. CFA5,047.88
Current discount Discount to share price of CFA1,750.00
= -1 x (CFA1,750.00 - CFA5,047.88) / CFA5,047.88
65.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Société des Caoutchoucs de Grand-Béréby is available for.
Intrinsic value
>50%
Share price is CFA1750 vs Future cash flow value of CFA5047.88
Current Discount Checks
For Société des Caoutchoucs de Grand-Béréby to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Société des Caoutchoucs de Grand-Béréby's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Société des Caoutchoucs de Grand-Béréby's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Société des Caoutchoucs de Grand-Béréby's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Société des Caoutchoucs de Grand-Béréby's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BRVM:SOGC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in XOF CFA137.81
BRVM:SOGC Share Price ** BRVM (2020-04-08) in XOF CFA1750
Africa Food Industry PE Ratio Median Figure of 61 Publicly-Listed Food Companies 11.61x
Côte d'Ivoire Market PE Ratio Median Figure of 18 Publicly-Listed Companies 6.62x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Société des Caoutchoucs de Grand-Béréby.

BRVM:SOGC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BRVM:SOGC Share Price ÷ EPS (both in XOF)

= 1750 ÷ 137.81

12.7x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Société des Caoutchoucs de Grand-Béréby is overvalued based on earnings compared to the Africa Food industry average.
  • Société des Caoutchoucs de Grand-Béréby is overvalued based on earnings compared to the Côte d'Ivoire market.
Price based on expected Growth
Does Société des Caoutchoucs de Grand-Béréby's expected growth come at a high price?
Raw Data
BRVM:SOGC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.7x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Africa Food Industry PEG Ratio Median Figure of 23 Publicly-Listed Food Companies 0.73x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Société des Caoutchoucs de Grand-Béréby, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Société des Caoutchoucs de Grand-Béréby's assets?
Raw Data
BRVM:SOGC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in XOF CFA2,378.41
BRVM:SOGC Share Price * BRVM (2020-04-08) in XOF CFA1750
Africa Food Industry PB Ratio Median Figure of 88 Publicly-Listed Food Companies 1.14x
Côte d'Ivoire Market PB Ratio Median Figure of 19 Publicly-Listed Companies 1.24x
BRVM:SOGC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BRVM:SOGC Share Price ÷ Book Value per Share (both in XOF)

= 1750 ÷ 2,378.41

0.74x

* Primary Listing of Société des Caoutchoucs de Grand-Béréby.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Société des Caoutchoucs de Grand-Béréby is good value based on assets compared to the Africa Food industry average.
X
Value checks
We assess Société des Caoutchoucs de Grand-Béréby's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. Société des Caoutchoucs de Grand-Béréby has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Société des Caoutchoucs de Grand-Béréby expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Société des Caoutchoucs de Grand-Béréby has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
12.5%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Société des Caoutchoucs de Grand-Béréby expected to grow at an attractive rate?
  • Unable to compare Société des Caoutchoucs de Grand-Béréby's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Société des Caoutchoucs de Grand-Béréby's earnings growth to the market average as no estimate data is available.
  • Unable to compare Société des Caoutchoucs de Grand-Béréby's revenue growth to the market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BRVM:SOGC Future Growth Rates Data Sources
Data Point Source Value (per year)
Africa Food Industry Earnings Growth Rate Market Cap Weighted Average 12.5%
Africa Food Industry Revenue Growth Rate Market Cap Weighted Average 4.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BRVM:SOGC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in XOF Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BRVM:SOGC Future Estimates Data
Date (Data in XOF Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BRVM:SOGC Past Financials Data
Date (Data in XOF Millions) Revenue Cash Flow Net Income *
2019-06-30 59,611 4,016
2019-03-31 60,079 3,497
2018-12-31 60,547 9,496 2,977
2018-09-30 64,077 3,843
2018-06-30 67,608 4,709
2018-03-31 70,656 7,569
2017-12-31 73,704 21,582 10,428
2017-09-30 71,665 10,939
2017-06-30 69,626 11,451
2017-03-31 64,636 8,804
2016-12-31 59,646 6,157
2016-09-30 58,303 5,965

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Société des Caoutchoucs de Grand-Béréby is high growth as no earnings estimate data is available.
  • Unable to determine if Société des Caoutchoucs de Grand-Béréby is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BRVM:SOGC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Société des Caoutchoucs de Grand-Béréby Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BRVM:SOGC Future Estimates Data
Date (Data in XOF Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BRVM:SOGC Past Financials Data
Date (Data in XOF Millions) EPS *
2019-06-30
2019-03-31
2018-12-31 137.81
2018-09-30 177.91
2018-06-30
2018-03-31
2017-12-31
2017-09-30
2017-06-30
2017-03-31
2016-12-31
2016-09-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Société des Caoutchoucs de Grand-Béréby will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Société des Caoutchoucs de Grand-Béréby is trading at Société des Caoutchoucs de Grand-Béréby'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Société des Caoutchoucs de Grand-Béréby's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Food, Beverage & Tobacco companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Société des Caoutchoucs de Grand-Béréby's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Africa market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Africa market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Société des Caoutchoucs de Grand-Béréby has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Société des Caoutchoucs de Grand-Béréby performed over the past 5 years?

  • Société des Caoutchoucs de Grand-Béréby's last earnings update was 198 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Société des Caoutchoucs de Grand-Béréby's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Société des Caoutchoucs de Grand-Béréby's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Société des Caoutchoucs de Grand-Béréby's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Société des Caoutchoucs de Grand-Béréby's 1-year earnings growth is negative, it can't be compared to the Africa Food industry average.
Earnings and Revenue History
Société des Caoutchoucs de Grand-Béréby's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Société des Caoutchoucs de Grand-Béréby Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BRVM:SOGC Past Revenue, Cash Flow and Net Income Data
Date (Data in XOF Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 59,611.15 4,016.42 18,938.00
2019-03-31 60,079.07 3,496.71 18,938.00
2018-12-31 60,547.00 2,977.00 18,938.00
2018-09-30 64,077.17 3,843.10 18,626.00
2018-06-30 67,608.01 4,709.19 18,528.17
2018-03-31 70,656.34 7,568.60 18,528.17
2017-12-31 73,704.00 10,428.00 18,314.00
2017-09-30 71,664.80 10,939.34 17,866.96
2017-06-30 69,625.59 11,450.68 17,419.92
2017-03-31 64,635.79 8,803.91 17,419.92
2016-12-31 59,645.98 6,157.15 17,419.92
2016-09-30 58,303.49 5,964.78 17,393.06
2016-06-30 56,961.00 5,772.41 17,366.19
2016-03-31 56,977.50 5,882.75 17,366.19
2015-12-31 56,994.00 5,993.09 17,366.19
2015-09-30 58,213.81 5,455.96 17,582.16
2015-06-30 59,433.61 4,918.84 17,798.12
2015-03-31 60,669.04 4,748.42 17,798.12
2014-12-31 61,904.47 4,578.01 17,798.12
2014-09-30 63,847.70 4,339.46 17,932.48
2014-06-30 65,790.94 4,100.92 18,349.83
2014-03-31 67,979.84 4,971.15 18,349.83
2013-12-31 70,168.74 5,841.39 18,066.83
2013-09-30 73,659.35 8,826.84 17,983.47
2013-06-30 77,149.96 11,812.29 17,900.11

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Société des Caoutchoucs de Grand-Béréby has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Société des Caoutchoucs de Grand-Béréby used its assets less efficiently than the Africa Food industry average last year based on Return on Assets.
  • Société des Caoutchoucs de Grand-Béréby's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Société des Caoutchoucs de Grand-Béréby's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Société des Caoutchoucs de Grand-Béréby has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Société des Caoutchoucs de Grand-Béréby's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Société des Caoutchoucs de Grand-Béréby's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Société des Caoutchoucs de Grand-Béréby's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Société des Caoutchoucs de Grand-Béréby's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Société des Caoutchoucs de Grand-Béréby's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Société des Caoutchoucs de Grand-Béréby Company Filings, last reported 9 months ago.

BRVM:SOGC Past Debt and Equity Data
Date (Data in XOF Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30
2019-03-31 51,378.00 20,282.00 331.00
2018-12-31 51,378.00 20,282.00 331.00
2018-09-30 51,378.00 20,282.00 331.00
2018-06-30
2018-03-31 58,769.83 13,368.81 467.89
2017-12-31 58,770.00 13,369.00 468.00
2017-09-30 58,770.00 13,369.00 468.00
2017-06-30
2017-03-31 56,032.09 20,781.48 1,490.87
2016-12-31 56,032.09 20,781.48 1,490.87
2016-09-30 56,032.09 20,781.48 1,490.87
2016-06-30
2016-03-31 53,979.29 18,962.18 1,133.95
2015-12-31 53,979.29 18,962.18 1,133.95
2015-09-30 53,979.29 18,962.18 1,133.95
2015-06-30
2015-03-31 52,090.55 17,335.26 1,114.74
2014-12-31 52,090.55 17,335.26 1,114.74
2014-09-30 52,090.55 17,335.26 1,114.74
2014-06-30
2014-03-31 51,616.90 6,110.58 1,758.20
2013-12-31 51,616.90 14,645.40 1,758.20
2013-09-30 51,616.90 14,645.40 1,758.20
2013-06-30
  • Société des Caoutchoucs de Grand-Béréby's level of debt (39.5%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (12% vs 39.5% today).
  • Debt is well covered by operating cash flow (46.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.5x coverage).
X
Financial health checks
We assess Société des Caoutchoucs de Grand-Béréby's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Société des Caoutchoucs de Grand-Béréby has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Société des Caoutchoucs de Grand-Béréby's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8%
Current annual income from Société des Caoutchoucs de Grand-Béréby dividends.
If you bought CFA2,000 of Société des Caoutchoucs de Grand-Béréby shares you are expected to receive CFA160 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Société des Caoutchoucs de Grand-Béréby's pays a higher dividend yield than the bottom 25% of dividend payers in Côte d'Ivoire (6.96%).
  • Société des Caoutchoucs de Grand-Béréby's dividend is below the markets top 25% of dividend payers in Côte d'Ivoire (13.21%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BRVM:SOGC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Africa Food Industry Average Dividend Yield Market Cap Weighted Average of 56 Stocks 5.1%
Côte d'Ivoire Market Average Dividend Yield Market Cap Weighted Average of 29 Stocks 9.8%
Côte d'Ivoire Minimum Threshold Dividend Yield 10th Percentile 4.8%
Côte d'Ivoire Bottom 25% Dividend Yield 25th Percentile 7%
Côte d'Ivoire Top 25% Dividend Yield 75th Percentile 13.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BRVM:SOGC Future Dividends Estimate Data
Date (Data in CFA) Dividend per Share (annual) Avg. No. Analysts
BRVM:SOGC Past Annualized Dividends Data
Date (Data in CFA) Dividend per share (annual) Avg. Yield (%)
2019-08-26 140.000 6.985
2019-04-10 140.000 6.835
2016-05-12 190.000 5.407
2016-04-28 190.000 5.404
2015-04-15 190.000 6.943
2015-03-17 190.000 8.007
2011-06-01 580.000 10.767
2010-06-24 278.000 9.832
2009-08-14 230.000 13.214

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Société des Caoutchoucs de Grand-Béréby's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Société des Caoutchoucs de Grand-Béréby's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 4.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Société des Caoutchoucs de Grand-Béréby afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Société des Caoutchoucs de Grand-Béréby has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Société des Caoutchoucs de Grand-Béréby's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jean-Christophe Dienst
CEO Bio

Mr. Jean-Christophe Dienst serves as General Manager at Société des Caoutchoucs de Grand-Béréby S.A.

CEO Compensation
  • Insufficient data for Jean-Christophe to compare compensation growth.
  • Insufficient data for Jean-Christophe to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team

Jean-Christophe Dienst

TITLE
General Manager

Benoît Broucker

TITLE
Chief Financial & Accounting Officer
Board of Directors

Fulgence Koffy

TITLE
Chairman of the Board

Hubert Fabri

TITLE
Deputy Chairman
AGE
67

Vincent Bollore

TITLE
Deputy Chairman
AGE
67

Luc Boedt

TITLE
Director
AGE
64

Philippe de Traux De Wardin

TITLE
Director
AGE
68

Sven Claeys

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CFA) Value (CFA)
X
Management checks
We assess Société des Caoutchoucs de Grand-Béréby's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Société des Caoutchoucs de Grand-Béréby has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Société des Caoutchoucs de Grand-Béréby S.A. engages in the plantation and cultivation of rubber trees in Grand-Béréby, Ivory Coast. It is also involved in the transformation of latex into industrial rubber; and production of palm oil. The company is headquartered in San Pedro, Ivory Coast.

Details
Name: Société des Caoutchoucs de Grand-Béréby S.A.
SOGC
Exchange: BRVM
Founded:
CFA37,803,220,000
21,601,840
Website: http://www.sogbci.com/nos-societes/sogb/presentation
Address: Société des Caoutchoucs de Grand-Béréby S.A.
BP 365,
San Pedro,
01,
Ivory Coast
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BRVM SOGC Share Capital Bourse Regionale des Valeurs Mobilieres CI XOF 29. Jan 2007
Number of employees
Current staff
Staff numbers
5,820
Société des Caoutchoucs de Grand-Béréby employees.
Industry
Agricultural Products
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 16:45
End of day share price update: 2020/04/08 00:00
Last estimates confirmation: 2019/04/10
Last earnings filing: 2019/09/24
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.