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SMTP

Société Marseillaise du Tunnel Prado Carénage ENXTPA:SMTPC Stock Report

Last Price

€28.00

Market Cap

€163.5m

7D

1.1%

1Y

21.7%

Updated

24 May, 2022

Data

Company Financials +
SMTPC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

SMTPC Stock Overview

Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France.

Société Marseillaise du Tunnel Prado Carénage Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Société Marseillaise du Tunnel Prado Carénage
Historical stock prices
Current Share Price€28.00
52 Week High€30.00
52 Week Low€20.80
Beta0.75
1 Month Change1.82%
3 Month Change-2.10%
1 Year Change21.74%
3 Year Change37.26%
5 Year Change19.97%
Change since IPO74.46%

Recent News & Updates

Shareholder Returns

SMTPCFR InfrastructureFR Market
7D1.1%3.7%-1.5%
1Y21.7%31.9%-18.8%

Return vs Industry: SMTPC underperformed the French Infrastructure industry which returned 31.9% over the past year.

Return vs Market: SMTPC exceeded the French Market which returned -18.8% over the past year.

Price Volatility

Is SMTPC's price volatile compared to industry and market?
SMTPC volatility
SMTPC Average Weekly Movement3.0%
Infrastructure Industry Average Movement4.6%
Market Average Movement6.0%
10% most volatile stocks in FR Market10.2%
10% least volatile stocks in FR Market3.5%

Stable Share Price: SMTPC is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SMTPC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198957Cecile Cambierhttps://www.tunnelprado.com

Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France. It operates the Prado Carénage tunnel, a 2.5 kilometer tunnel that provides access to the southern districts of the city of Marseilles, as well as to the Vieux port; Rège tunnel, an access point, which passes the 26th Centenary Park and connects the Prado/Rouet districts to those of Menpenti/la Capelette; and South Prado tunnel. The company was incorporated in 1989 and is based in Marseille, France.

Société Marseillaise du Tunnel Prado Carénage Fundamentals Summary

How do Société Marseillaise du Tunnel Prado Carénage's earnings and revenue compare to its market cap?
SMTPC fundamental statistics
Market Cap€163.45m
Earnings (TTM)€10.67m
Revenue (TTM)€33.08m

15.3x

P/E Ratio

4.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SMTPC income statement (TTM)
Revenue€33.08m
Cost of Revenue€7.52m
Gross Profit€25.56m
Other Expenses€14.89m
Earnings€10.67m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.83
Gross Margin77.28%
Net Profit Margin32.25%
Debt/Equity Ratio77.5%

How did SMTPC perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

104%

Payout Ratio

Valuation

Is Société Marseillaise du Tunnel Prado Carénage undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


13.5%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: SMTPC (€28) is trading below our estimate of fair value (€32.35)

Significantly Below Fair Value: SMTPC is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: SMTPC is poor value based on its Price-To-Earnings Ratio (15.3x) compared to the European Infrastructure industry average (12.5x).

PE vs Market: SMTPC is good value based on its Price-To-Earnings Ratio (15.3x) compared to the French market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: SMTPC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: SMTPC's Price-To-Book Ratio (2.2x) is in line with the FR Infrastructure industry average.


Future Growth

How is Société Marseillaise du Tunnel Prado Carénage forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-1.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SMTPC's earnings are forecast to decline over the next 3 years (-1.3% per year).

Earnings vs Market: SMTPC's earnings are forecast to decline over the next 3 years (-1.3% per year).

High Growth Earnings: SMTPC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SMTPC's revenue (4.8% per year) is forecast to grow slower than the French market (5.8% per year).

High Growth Revenue: SMTPC's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SMTPC's Return on Equity is forecast to be low in 3 years time (14.3%).


Past Performance

How has Société Marseillaise du Tunnel Prado Carénage performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-12.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SMTPC has high quality earnings.

Growing Profit Margin: SMTPC's current net profit margins (32.3%) are higher than last year (24.4%).


Past Earnings Growth Analysis

Earnings Trend: SMTPC's earnings have declined by 12.6% per year over the past 5 years.

Accelerating Growth: SMTPC's earnings growth over the past year (54.3%) exceeds its 5-year average (-12.6% per year).

Earnings vs Industry: SMTPC earnings growth over the past year (54.3%) exceeded the Infrastructure industry 32%.


Return on Equity

High ROE: SMTPC's Return on Equity (14.6%) is considered low.


Financial Health

How is Société Marseillaise du Tunnel Prado Carénage's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SMTPC's short term assets (€49.3M) exceed its short term liabilities (€7.7M).

Long Term Liabilities: SMTPC's short term assets (€49.3M) do not cover its long term liabilities (€60.7M).


Debt to Equity History and Analysis

Debt Level: SMTPC's net debt to equity ratio (13.3%) is considered satisfactory.

Reducing Debt: SMTPC's debt to equity ratio has increased from 34% to 77.5% over the past 5 years.

Debt Coverage: SMTPC's debt is well covered by operating cash flow (44.6%).

Interest Coverage: SMTPC's interest payments on its debt are well covered by EBIT (29.2x coverage).


Balance Sheet


Dividend

What is Société Marseillaise du Tunnel Prado Carénage current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.78%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SMTPC's dividend (6.79%) is higher than the bottom 25% of dividend payers in the French market (1.72%).

High Dividend: SMTPC's dividend (6.79%) is in the top 25% of dividend payers in the French market (4.96%)


Stability and Growth of Payments

Stable Dividend: SMTPC's dividend payments have been volatile in the past 10 years.

Growing Dividend: SMTPC's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (104%), SMTPC's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (83.5%), SMTPC's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

3.8yrs

Average board tenure


CEO

Cecile Cambier

7.67yrs

Tenure

€363,647

Compensation

Ms. Cecile Cambier is Chief Executive Officer of Société Marseillaise du Tunnel Prado Carénage. She is Director of Concessions of BM Technologies, Inc.


CEO Compensation Analysis

Compensation vs Market: Cecile's total compensation ($USD390.18K) is about average for companies of similar size in the French market ($USD399.32K).

Compensation vs Earnings: Cecile's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: SMTPC's board of directors are considered experienced (3.8 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Société Marseillaise du Tunnel Prado Carénage's employee growth, exchange listings and data sources


Key Information

  • Name: Société Marseillaise du Tunnel Prado Carénage
  • Ticker: SMTPC
  • Exchange: ENXTPA
  • Founded: 1989
  • Industry: Highways and Railtracks
  • Sector: Transportation
  • Implied Market Cap: €163.450m
  • Shares outstanding: 5.84m
  • Website: https://www.tunnelprado.com

Number of Employees


Location

  • Société Marseillaise du Tunnel Prado Carénage
  • 3, Avenue Arthur Scott
  • Marseille
  • Provence-Alpes-Côte d'Azur
  • 13010
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/24 00:00
Earnings2021/12/31
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.