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Filtisac BRVM:FTSC Stock Report

Last Price


Market Cap







28 Sep, 2022


Company Financials
FTSC fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance0/6
Financial Health3/6

FTSC Stock Overview

Filtisac S.A. provides packaging solutions for the storage, transportation, and handling of various products.

Filtisac Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Filtisac
Historical stock prices
Current Share PriceXOF1,250.00
52 Week HighXOF0
52 Week LowXOF0
1 Month Change-3.48%
3 Month Change3.73%
1 Year Change-35.73%
3 Year Change27.55%
5 Year Change-68.93%
Change since IPO-10.71%

Recent News & Updates

Shareholder Returns

FTSCCI PackagingCI Market

Return vs Industry: FTSC underperformed the CI Packaging industry which returned -7.1% over the past year.

Return vs Market: FTSC underperformed the CI Market which returned 8.5% over the past year.

Price Volatility

Is FTSC's price volatile compared to industry and market?
FTSC volatility
FTSC Average Weekly Movement4.9%
Packaging Industry Average Movement6.0%
Market Average Movement5.2%
10% most volatile stocks in CI Market7.2%
10% least volatile stocks in CI Market2.9%

Stable Share Price: FTSC is not significantly more volatile than the rest of CI stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: FTSC's weekly volatility (5%) has been stable over the past year.

About the Company

n/an/aI. Amadou

Filtisac S.A. provides packaging solutions for the storage, transportation, and handling of various products. The company offers jute fiber bags for the export of coffee, cocoa, and cashew nuts; and jute and polypropylene (PP) mixed bags for the storage of cocoa. It also provides woven and laminated PP bags, valve bags, technology AD stars, big bags, PP and polyethylene (PE) cloths and socks for the packing of cotton, and PP seeds, as well as harvest, bolster, and hatchet bags.

Filtisac Fundamentals Summary

How do Filtisac's earnings and revenue compare to its market cap?
FTSC fundamental statistics
Market CapXOF17.63b
Earnings (TTM)-XOF1.28b
Revenue (TTM)XOF44.57b


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FTSC income statement (TTM)
Cost of RevenueXOF30.91b
Gross ProfitXOF13.66b
Other ExpensesXOF14.94b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date


Earnings per share (EPS)-90.50
Gross Margin30.65%
Net Profit Margin-2.86%
Debt/Equity Ratio66.1%

How did FTSC perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is FTSC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FTSC?

Other financial metrics that can be useful for relative valuation.

FTSC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.7x
Enterprise Value/EBITDA16.9x
PEG Ration/a

Price to Sales Ratio vs Peers

How does FTSC's PS Ratio compare to its peers?

FTSC PS Ratio vs Peers
The above table shows the PS ratio for FTSC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.1x
A002870 Shinpoong Paper Mfg
1335 Sheen Tai Holdings Group
SMBC Société Multinationale de Bitumes Société Anonyme
FTSC Filtisac

Price-To-Sales vs Peers: FTSC is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1.1x).

Price to Earnings Ratio vs Industry

How does FTSC's PE Ratio compare vs other companies in the Global Packaging Industry?

Price-To-Sales vs Industry: FTSC is good value based on its Price-To-Sales Ratio (0.4x) compared to the Global Packaging industry average (0.7x)

Price to Sales Ratio vs Fair Ratio

What is FTSC's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FTSC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate FTSC's Price-To-Sales Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of FTSC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FTSC (F CFA1250) is trading below our estimate of fair value (F CFA2065.23)

Significantly Below Fair Value: FTSC is trading below fair value by more than 20%.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Filtisac forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted Materials industry annual growth in earnings

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 Filtisac 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 SimplyWall St do have past financial data.

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  • Examine whether Filtisac is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has Filtisac performed over the past 5 years?

Past Performance Score


Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: FTSC is currently unprofitable.

Growing Profit Margin: FTSC is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: FTSC is unprofitable, and losses have increased over the past 5 years at a rate of 7.7% per year.

Accelerating Growth: Unable to compare FTSC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FTSC is unprofitable, making it difficult to compare its past year earnings growth to the Packaging industry (34%).

Return on Equity

High ROE: FTSC has a negative Return on Equity (-5.39%), as it is currently unprofitable.

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Financial Health

How is Filtisac's financial position?

Financial Health Score


Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FTSC's short term assets (F CFA34.9B) exceed its short term liabilities (F CFA25.0B).

Long Term Liabilities: FTSC's short term assets (F CFA34.9B) exceed its long term liabilities (F CFA5.1B).

Debt to Equity History and Analysis

Debt Level: FTSC's net debt to equity ratio (66%) is considered high.

Reducing Debt: FTSC's debt to equity ratio has reduced from 105.1% to 66.1% over the past 5 years.

Debt Coverage: FTSC's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if FTSC's interest payments on its debt are well covered by EBIT.

Balance Sheet

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What is Filtisac current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


Current Dividend Yield

Dividend Yield vs Market

Filtisac Dividend Yield vs Market
How does Filtisac dividend yield compare to the market?
SegmentDividend Yield
Company (Filtisac)20.9%
Market Bottom 25% (CI)5.7%
Market Top 25% (CI)10.0%
Industry Average (Packaging)4.6%
Analyst forecast in 3 Years (Filtisac)n/a

Notable Dividend: FTSC's dividend (20.89%) is higher than the bottom 25% of dividend payers in the CI market (5.72%).

High Dividend: FTSC's dividend (20.89%) is in the top 25% of dividend payers in the CI market (10.01%)

Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, FTSC has been paying a dividend for less than 10 years.

Growing Dividend: FTSC's dividend payments have increased, but the company has only paid a dividend for 9 years.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: FTSC is paying a dividend but the company has no free cash flows.

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How experienced are the management team and are they aligned to shareholders interests?


I. Amadou

no data


Mr. I. Charles Amadou serves as the Chief Executive Officer of Filtisac S.A.


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of FTSC?
Owner TypeNumber of SharesOwnership Percentage

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Company Information

Filtisac S.A.'s employee growth, exchange listings and data sources

Key Information

  • Name: Filtisac S.A.
  • Ticker: FTSC
  • Exchange: BRVM
  • Founded: NaN
  • Industry: Paper Packaging
  • Sector: Materials
  • Implied Market Cap: XOF17.630b
  • Shares outstanding: 14.10m
  • Website:

Number of Employees


  • Filtisac S.A.
  • Km8, Route d’Adzopé
  • 01 BP 3962
  • Abidjan
  • 1
  • Ivory Coast


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FTSCBRVM (Bourse Regionale des Valeurs Mobilieres)YesShare CapitalCIXOFJan 2007

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Annual Earnings2021/12/31

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.