View Future GrowthCarthage Cement 過去の業績過去 基準チェック /26Carthage Cementは、平均年間17.2%の収益成長を遂げていますが、 Basic Materials業界の収益は、年間 成長しています。収益は、平均年間17.2% 6.7%収益成長率で 成長しています。 Carthage Cementの自己資本利益率は10.9%であり、純利益率は10.3%です。主要情報17.23%収益成長率17.23%EPS成長率Basic Materials 業界の成長8.23%収益成長率6.73%株主資本利益率10.88%ネット・マージン10.26%前回の決算情報31 Dec 2025最近の業績更新Reported Earnings • May 20Full year 2025 earnings: Revenues in line with analyst expectationsFull year 2025 results: Revenue: د.ت390.9m (down 8.8% from FY 2024). Net income: د.ت40.1m (down 43% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Basic Materials industry in Africa.Reported Earnings • Jun 07Full year 2023 earnings releasedFull year 2023 results: Revenue: د.ت442.3m (up 16% from FY 2022). Net income: د.ت55.2m (up 55% from FY 2022). Profit margin: 13% (up from 9.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Basic Materials industry in Africa.Reported Earnings • Jun 12Full year 2022 earnings releasedFull year 2022 results: Revenue: د.ت382.2m (up 12% from FY 2021). Net income: د.ت35.7m (up 13% from FY 2021). Profit margin: 9.3% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Basic Materials industry in Africa.Reported Earnings • Sep 09First half 2022 earnings released: EPS: د.ت0 (vs د.ت0.047 in 1H 2021)First half 2022 results: EPS: د.ت0 (down from د.ت0.047 in 1H 2021). Revenue: د.ت175.1m (up 1.5% from 1H 2021). Net income: د.ت15.3m (down 5.1% from 1H 2021). Profit margin: 8.7% (down from 9.4% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Basic Materials industry in Africa.Reported Earnings • Jun 08Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: د.ت341.1m (up 28% from FY 2020). Net income: د.ت31.5m (up 63% from FY 2020). Profit margin: 9.2% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.6% compared to a 7.3% growth forecast for the industry in Tunisia.Reported Earnings • Mar 12Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: د.ت267.5m (up 3.7% from FY 2019). Net income: د.ت19.4m (up د.ت70.7m from FY 2019). Profit margin: 7.2% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses.すべての更新を表示Recent updatesMajor Estimate Revision • May 22Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from د.ت0.19 to د.ت0.15. Revenue forecast unchanged from د.ت414.0m at last update. Net income forecast to grow 33% next year vs 20% growth forecast for Basic Materials industry in Tunisia. Consensus price target up from د.ت2.53 to د.ت3.01. Share price fell 3.0% to د.ت1.92 over the past week.Board Change • May 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Price Target Changed • May 20Price target increased by 19% to د.ت3.01Up from د.ت2.53, the current price target is provided by 1 analyst. New target price is 56% above last closing price of د.ت1.93. Stock is down 5.9% over the past year.Reported Earnings • May 20Full year 2025 earnings: Revenues in line with analyst expectationsFull year 2025 results: Revenue: د.ت390.9m (down 8.8% from FY 2024). Net income: د.ت40.1m (down 43% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Basic Materials industry in Africa.Major Estimate Revision • Sep 11Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from د.ت416.0m to د.ت405.0m. EPS estimate also fell from د.ت0.18 per share to د.ت0.16 per share. Net income forecast to shrink 11% next year vs 42% growth forecast for Basic Materials industry in Tunisia . Consensus price target broadly unchanged at د.ت2.65. Share price was steady at د.ت1.87 over the past week.Price Target Changed • Jul 01Price target decreased by 11% to د.ت2.72Down from د.ت3.05, the current price target is provided by 1 analyst. New target price is 37% above last closing price of د.ت1.99. Stock is up 4.2% over the past year. The company is forecast to post earnings per share of د.ت0.18 for next year compared to د.ت0.20 last year.お知らせ • Jun 19Carthage Cement SA, Annual General Meeting, Jul 08, 2025Carthage Cement SA, Annual General Meeting, Jul 08, 2025, at 10:00 W. Central Africa Standard Time. Location: institut arabe des chefs d entreprise iace, les berges du lac 1, tunis TunisiaMajor Estimate Revision • Sep 23Consensus EPS estimates increase by 31%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from د.ت473.0m to د.ت445.0m. EPS estimate rose from د.ت0.16 to د.ت0.21. Net income forecast to grow 15% next year vs 42% growth forecast for Basic Materials industry in Tunisia. Consensus price target up from د.ت2.41 to د.ت3.38. Share price was steady at د.ت2.03 over the past week.Price Target Changed • Sep 19Price target increased by 39% to د.ت3.38Up from د.ت2.43, the current price target is provided by 1 analyst. New target price is 66% above last closing price of د.ت2.04. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of د.ت0.21 for next year compared to د.ت0.16 last year.Reported Earnings • Jun 07Full year 2023 earnings releasedFull year 2023 results: Revenue: د.ت442.3m (up 16% from FY 2022). Net income: د.ت55.2m (up 55% from FY 2022). Profit margin: 13% (up from 9.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Basic Materials industry in Africa.Price Target Changed • May 30Price target decreased by 13% to د.ت2.46Down from د.ت2.82, the current price target is provided by 1 analyst. New target price is 27% above last closing price of د.ت1.93. Stock is up 10% over the past year. The company is forecast to post earnings per share of د.ت0.16 for next year compared to د.ت0.10 last year.New Risk • Mar 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).Price Target Changed • Jun 30Price target increased by 22% to د.ت2.82Up from د.ت2.32, the current price target is provided by 1 analyst. New target price is 38% above last closing price of د.ت2.05. Stock is up 41% over the past year. The company is forecast to post earnings per share of د.ت0.14 for next year compared to د.ت0.10 last year.Reported Earnings • Jun 12Full year 2022 earnings releasedFull year 2022 results: Revenue: د.ت382.2m (up 12% from FY 2021). Net income: د.ت35.7m (up 13% from FY 2021). Profit margin: 9.3% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Basic Materials industry in Africa.Price Target Changed • Jun 02Price target increased by 19% to د.ت2.32Up from د.ت1.95, the current price target is provided by 1 analyst. New target price is 35% above last closing price of د.ت1.72. Stock is up 29% over the past year. The company is forecast to post earnings per share of د.ت0.14 for next year compared to د.ت0.092 last year.Major Estimate Revision • Dec 15Consensus EPS estimates increase by 33%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from د.ت334.0m to د.ت357.0m. EPS estimate increased from د.ت0.09 to د.ت0.12 per share. Net income forecast to grow 38% next year vs 28% growth forecast for Basic Materials industry in Tunisia. Consensus price target down from د.ت2.00 to د.ت1.96. Share price was steady at د.ت1.91 over the past week.Price Target Changed • Nov 16Price target increased to د.ت2.00Up from د.ت1.61, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of د.ت1.93. Stock is up 39% over the past year. The company is forecast to post earnings per share of د.ت0.09 for next year compared to د.ت0.092 last year.Reported Earnings • Sep 09First half 2022 earnings released: EPS: د.ت0 (vs د.ت0.047 in 1H 2021)First half 2022 results: EPS: د.ت0 (down from د.ت0.047 in 1H 2021). Revenue: د.ت175.1m (up 1.5% from 1H 2021). Net income: د.ت15.3m (down 5.1% from 1H 2021). Profit margin: 8.7% (down from 9.4% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Basic Materials industry in Africa.Price Target Changed • Aug 22Price target increased to د.ت2.00Up from د.ت1.66, the current price target is provided by 1 analyst. New target price is 18% above last closing price of د.ت1.69. Stock is up 10% over the past year. The company is forecast to post earnings per share of د.ت0.12 for next year compared to د.ت0.092 last year.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to د.ت1.53, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Basic Materials industry in Africa. Total returns to shareholders of 26% over the past three years.Reported Earnings • Jun 08Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: د.ت341.1m (up 28% from FY 2020). Net income: د.ت31.5m (up 63% from FY 2020). Profit margin: 9.2% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.6% compared to a 7.3% growth forecast for the industry in Tunisia.Price Target Changed • Oct 28Price target decreased to د.ت1.58Down from د.ت1.88, the current price target is provided by 1 analyst. New target price is 8.2% above last closing price of د.ت1.46. Stock is down 0.7% over the past year. The company is forecast to post earnings per share of د.ت0.13 for next year compared to د.ت0.056 last year.Major Estimate Revision • Jul 29Consensus revenue estimates increase to د.ت310.0mThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from د.ت270.0m to د.ت310.0m. EPS estimate increased from د.ت0.096 to د.ت0.10 per share. Net income forecast to shrink 12% next year vs 5.2% growth forecast for Basic Materials industry in Tunisia . Consensus price target down from د.ت2.56 to د.ت1.88. Share price rose 3.8% to د.ت1.65 over the past week.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to د.ت1.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Basic Materials industry in Africa. Total loss to shareholders of 18% over the past three years.Price Target Changed • Mar 24Price target increased to د.ت2.56Up from د.ت2.22, the current price target is provided by 1 analyst. New target price is 28% above last closing price of د.ت2.00. Stock is up 98% over the past year.Reported Earnings • Mar 12Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: د.ت267.5m (up 3.7% from FY 2019). Net income: د.ت19.4m (up د.ت70.7m from FY 2019). Profit margin: 7.2% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses.Analyst Estimate Surprise Post Earnings • Mar 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 8.3%. Earnings per share (EPS) exceeded analyst estimates by 174%. Over the next year, revenue is forecast to grow 14%, compared to a 6.9% growth forecast for the Basic Materials industry in Tunisia.Is New 90 Day High Low • Mar 04New 90-day high: د.ت1.98The company is up 10.0% from its price of د.ت1.80 on 04 December 2020. The Tunisian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 12% over the same period.Is New 90 Day High Low • Dec 22New 90-day high: د.ت1.96The company is up 28% from its price of د.ت1.53 on 23 September 2020. The Tunisian market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 40% over the same period.Is New 90 Day High Low • Dec 07New 90-day high: د.ت1.85The company is up 15% from its price of د.ت1.61 on 08 September 2020. The Tunisian market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 31% over the same period.Is New 90 Day High Low • Nov 18New 90-day high: د.ت1.72The company is up 20% from its price of د.ت1.43 on 19 August 2020. The Tunisian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 30% over the same period.収支内訳Carthage Cement の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史BVMT:CC 収益、費用、利益 ( )TND Millions日付収益収益G+A経費研究開発費31 Dec 253914052030 Sep 253965251030 Jun 254006349031 Mar 254156749031 Dec 244297048030 Sep 244376847030 Jun 244446746031 Mar 244436148031 Dec 234425549030 Sep 234325047030 Jun 234214445031 Mar 234024042031 Dec 223823640030 Sep 223633340030 Jun 223443140031 Mar 223423141031 Dec 213413243030 Sep 213373543030 Jun 213323942031 Mar 213002940031 Dec 202671937030 Sep 20254-436030 Jun 20240-2734031 Mar 20249-3934031 Dec 19258-5133030 Sep 19256-5433030 Jun 19255-5733031 Mar 19252-6633031 Dec 18250-7632030 Sep 18228-8230030 Jun 18207-8828031 Mar 18195-7928031 Dec 17182-6929030 Sep 17185-6727030 Jun 17188-6526031 Mar 17200-5627031 Dec 16212-4627030 Sep 16217-3828030 Jun 16222-3028031 Mar 16210-3828031 Dec 15198-4727030 Sep 15183-5427030 Jun 15167-62270質の高い収益: CCは 高品質の収益 を持っています。利益率の向上: CCの現在の純利益率 (10.3%)は、昨年(16.4%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: CC過去 5 年間で収益を上げており、収益は年間17.2%増加しています。成長の加速: CCは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: CCは過去 1 年間で収益成長率がマイナス ( -42.9% ) となったため、 Basic Materials業界平均 ( 42.4% ) と比較することが困難です。株主資本利益率高いROE: CCの 自己資本利益率 ( 10.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/15 10:13終値2026/06/15 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Carthage Cement SA 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Kais KriaaAlphaMenaFadwa AouiniAlphaMena
Reported Earnings • May 20Full year 2025 earnings: Revenues in line with analyst expectationsFull year 2025 results: Revenue: د.ت390.9m (down 8.8% from FY 2024). Net income: د.ت40.1m (down 43% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Basic Materials industry in Africa.
Reported Earnings • Jun 07Full year 2023 earnings releasedFull year 2023 results: Revenue: د.ت442.3m (up 16% from FY 2022). Net income: د.ت55.2m (up 55% from FY 2022). Profit margin: 13% (up from 9.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Basic Materials industry in Africa.
Reported Earnings • Jun 12Full year 2022 earnings releasedFull year 2022 results: Revenue: د.ت382.2m (up 12% from FY 2021). Net income: د.ت35.7m (up 13% from FY 2021). Profit margin: 9.3% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Basic Materials industry in Africa.
Reported Earnings • Sep 09First half 2022 earnings released: EPS: د.ت0 (vs د.ت0.047 in 1H 2021)First half 2022 results: EPS: د.ت0 (down from د.ت0.047 in 1H 2021). Revenue: د.ت175.1m (up 1.5% from 1H 2021). Net income: د.ت15.3m (down 5.1% from 1H 2021). Profit margin: 8.7% (down from 9.4% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Basic Materials industry in Africa.
Reported Earnings • Jun 08Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: د.ت341.1m (up 28% from FY 2020). Net income: د.ت31.5m (up 63% from FY 2020). Profit margin: 9.2% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.6% compared to a 7.3% growth forecast for the industry in Tunisia.
Reported Earnings • Mar 12Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: د.ت267.5m (up 3.7% from FY 2019). Net income: د.ت19.4m (up د.ت70.7m from FY 2019). Profit margin: 7.2% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses.
Major Estimate Revision • May 22Consensus EPS estimates fall by 21%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from د.ت0.19 to د.ت0.15. Revenue forecast unchanged from د.ت414.0m at last update. Net income forecast to grow 33% next year vs 20% growth forecast for Basic Materials industry in Tunisia. Consensus price target up from د.ت2.53 to د.ت3.01. Share price fell 3.0% to د.ت1.92 over the past week.
Board Change • May 20No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Price Target Changed • May 20Price target increased by 19% to د.ت3.01Up from د.ت2.53, the current price target is provided by 1 analyst. New target price is 56% above last closing price of د.ت1.93. Stock is down 5.9% over the past year.
Reported Earnings • May 20Full year 2025 earnings: Revenues in line with analyst expectationsFull year 2025 results: Revenue: د.ت390.9m (down 8.8% from FY 2024). Net income: د.ت40.1m (down 43% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Basic Materials industry in Africa.
Major Estimate Revision • Sep 11Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from د.ت416.0m to د.ت405.0m. EPS estimate also fell from د.ت0.18 per share to د.ت0.16 per share. Net income forecast to shrink 11% next year vs 42% growth forecast for Basic Materials industry in Tunisia . Consensus price target broadly unchanged at د.ت2.65. Share price was steady at د.ت1.87 over the past week.
Price Target Changed • Jul 01Price target decreased by 11% to د.ت2.72Down from د.ت3.05, the current price target is provided by 1 analyst. New target price is 37% above last closing price of د.ت1.99. Stock is up 4.2% over the past year. The company is forecast to post earnings per share of د.ت0.18 for next year compared to د.ت0.20 last year.
お知らせ • Jun 19Carthage Cement SA, Annual General Meeting, Jul 08, 2025Carthage Cement SA, Annual General Meeting, Jul 08, 2025, at 10:00 W. Central Africa Standard Time. Location: institut arabe des chefs d entreprise iace, les berges du lac 1, tunis Tunisia
Major Estimate Revision • Sep 23Consensus EPS estimates increase by 31%, revenue downgradedThe consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from د.ت473.0m to د.ت445.0m. EPS estimate rose from د.ت0.16 to د.ت0.21. Net income forecast to grow 15% next year vs 42% growth forecast for Basic Materials industry in Tunisia. Consensus price target up from د.ت2.41 to د.ت3.38. Share price was steady at د.ت2.03 over the past week.
Price Target Changed • Sep 19Price target increased by 39% to د.ت3.38Up from د.ت2.43, the current price target is provided by 1 analyst. New target price is 66% above last closing price of د.ت2.04. Stock is down 2.4% over the past year. The company is forecast to post earnings per share of د.ت0.21 for next year compared to د.ت0.16 last year.
Reported Earnings • Jun 07Full year 2023 earnings releasedFull year 2023 results: Revenue: د.ت442.3m (up 16% from FY 2022). Net income: د.ت55.2m (up 55% from FY 2022). Profit margin: 13% (up from 9.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Basic Materials industry in Africa.
Price Target Changed • May 30Price target decreased by 13% to د.ت2.46Down from د.ت2.82, the current price target is provided by 1 analyst. New target price is 27% above last closing price of د.ت1.93. Stock is up 10% over the past year. The company is forecast to post earnings per share of د.ت0.16 for next year compared to د.ت0.10 last year.
New Risk • Mar 19New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
Price Target Changed • Jun 30Price target increased by 22% to د.ت2.82Up from د.ت2.32, the current price target is provided by 1 analyst. New target price is 38% above last closing price of د.ت2.05. Stock is up 41% over the past year. The company is forecast to post earnings per share of د.ت0.14 for next year compared to د.ت0.10 last year.
Reported Earnings • Jun 12Full year 2022 earnings releasedFull year 2022 results: Revenue: د.ت382.2m (up 12% from FY 2021). Net income: د.ت35.7m (up 13% from FY 2021). Profit margin: 9.3% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.7% p.a. on average during the next 2 years, compared to a 7.6% growth forecast for the Basic Materials industry in Africa.
Price Target Changed • Jun 02Price target increased by 19% to د.ت2.32Up from د.ت1.95, the current price target is provided by 1 analyst. New target price is 35% above last closing price of د.ت1.72. Stock is up 29% over the past year. The company is forecast to post earnings per share of د.ت0.14 for next year compared to د.ت0.092 last year.
Major Estimate Revision • Dec 15Consensus EPS estimates increase by 33%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from د.ت334.0m to د.ت357.0m. EPS estimate increased from د.ت0.09 to د.ت0.12 per share. Net income forecast to grow 38% next year vs 28% growth forecast for Basic Materials industry in Tunisia. Consensus price target down from د.ت2.00 to د.ت1.96. Share price was steady at د.ت1.91 over the past week.
Price Target Changed • Nov 16Price target increased to د.ت2.00Up from د.ت1.61, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of د.ت1.93. Stock is up 39% over the past year. The company is forecast to post earnings per share of د.ت0.09 for next year compared to د.ت0.092 last year.
Reported Earnings • Sep 09First half 2022 earnings released: EPS: د.ت0 (vs د.ت0.047 in 1H 2021)First half 2022 results: EPS: د.ت0 (down from د.ت0.047 in 1H 2021). Revenue: د.ت175.1m (up 1.5% from 1H 2021). Net income: د.ت15.3m (down 5.1% from 1H 2021). Profit margin: 8.7% (down from 9.4% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Basic Materials industry in Africa.
Price Target Changed • Aug 22Price target increased to د.ت2.00Up from د.ت1.66, the current price target is provided by 1 analyst. New target price is 18% above last closing price of د.ت1.69. Stock is up 10% over the past year. The company is forecast to post earnings per share of د.ت0.12 for next year compared to د.ت0.092 last year.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improved over the past weekAfter last week's 15% share price gain to د.ت1.53, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Basic Materials industry in Africa. Total returns to shareholders of 26% over the past three years.
Reported Earnings • Jun 08Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: د.ت341.1m (up 28% from FY 2020). Net income: د.ت31.5m (up 63% from FY 2020). Profit margin: 9.2% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.6% compared to a 7.3% growth forecast for the industry in Tunisia.
Price Target Changed • Oct 28Price target decreased to د.ت1.58Down from د.ت1.88, the current price target is provided by 1 analyst. New target price is 8.2% above last closing price of د.ت1.46. Stock is down 0.7% over the past year. The company is forecast to post earnings per share of د.ت0.13 for next year compared to د.ت0.056 last year.
Major Estimate Revision • Jul 29Consensus revenue estimates increase to د.ت310.0mThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from د.ت270.0m to د.ت310.0m. EPS estimate increased from د.ت0.096 to د.ت0.10 per share. Net income forecast to shrink 12% next year vs 5.2% growth forecast for Basic Materials industry in Tunisia . Consensus price target down from د.ت2.56 to د.ت1.88. Share price rose 3.8% to د.ت1.65 over the past week.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to د.ت1.60, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 16x in the Basic Materials industry in Africa. Total loss to shareholders of 18% over the past three years.
Price Target Changed • Mar 24Price target increased to د.ت2.56Up from د.ت2.22, the current price target is provided by 1 analyst. New target price is 28% above last closing price of د.ت2.00. Stock is up 98% over the past year.
Reported Earnings • Mar 12Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: د.ت267.5m (up 3.7% from FY 2019). Net income: د.ت19.4m (up د.ت70.7m from FY 2019). Profit margin: 7.2% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses.
Analyst Estimate Surprise Post Earnings • Mar 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 8.3%. Earnings per share (EPS) exceeded analyst estimates by 174%. Over the next year, revenue is forecast to grow 14%, compared to a 6.9% growth forecast for the Basic Materials industry in Tunisia.
Is New 90 Day High Low • Mar 04New 90-day high: د.ت1.98The company is up 10.0% from its price of د.ت1.80 on 04 December 2020. The Tunisian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 12% over the same period.
Is New 90 Day High Low • Dec 22New 90-day high: د.ت1.96The company is up 28% from its price of د.ت1.53 on 23 September 2020. The Tunisian market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 40% over the same period.
Is New 90 Day High Low • Dec 07New 90-day high: د.ت1.85The company is up 15% from its price of د.ت1.61 on 08 September 2020. The Tunisian market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 31% over the same period.
Is New 90 Day High Low • Nov 18New 90-day high: د.ت1.72The company is up 20% from its price of د.ت1.43 on 19 August 2020. The Tunisian market is down 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Basic Materials industry, which is up 30% over the same period.