https://deyirviel.com/type/pitch/ Recent content in Academic Equity-Pitch Exercises on DeYirviel https://deyirviel.com/og-image-pm.jpg https://deyirviel.com/og-image-pm.jpg Hugo -- gohugo.io en Wed, 21 Oct 2026 18:00:02 +0000 https://deyirviel.com/pitch-desk/2026-10-21-lhm/ Wed, 21 Oct 2026 18:00:02 +0000 https://deyirviel.com/pitch-desk/2026-10-21-lhm/ Holcim Maroc trades at 17.9x earnings and 3.1x book for a 19.3% ROE and a 6.0% yield near its 52-week low. The market is pricing a cement downturn; the balance sheet and dividend are not broken. https://deyirviel.com/pitch-desk/2026-10-20-mng/ Tue, 20 Oct 2026 18:07:06 +0000 https://deyirviel.com/pitch-desk/2026-10-20-mng/ Managem has run 139% YTD to 28.2x TTM earnings and 15.7x book — a near-60% P/E premium and a 3x P/B premium to the peer median — on an EPS base that is forecast flat; the multiple is doing the work, not the mine. https://deyirviel.com/pitch-desk/2026-10-19-msa/ Mon, 19 Oct 2026 18:00:01 +0000 https://deyirviel.com/pitch-desk/2026-10-19-msa/ Marsa Maroc trades at 32.7x TTM earnings and 13.6x book against an 18.6x/3.2x market median, while Nador West Med adds competing container capacity. The de-rating has further to run. https://deyirviel.com/pitch-desk/2026-10-17-atw/ Sat, 17 Oct 2026 09:30:00 +0100 https://deyirviel.com/pitch-desk/2026-10-17-atw/ Morocco's leading private bank is 1.4% above its 52-week low, on 12.6x earnings and 1.9x book for a 15.9% ROE. The market is pricing NIM compression; the franchise, fee base and Africa exposure are not broken.