Société Marseillaise du Tunnel Prado Carénage constructs and operates tunnels in France. More Details
Fair value with mediocre balance sheet.
Share Price & News
How has Société Marseillaise du Tunnel Prado Carénage's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SMTPC is more volatile than 90% of French stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: SMTPC's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of French stocks.
7 Day Return
1 Year Return
Return vs Industry: SMTPC underperformed the French Infrastructure industry which returned 33.1% over the past year.
Return vs Market: SMTPC underperformed the French Market which returned 42% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Société Marseillaise du Tunnel Prado Carénage's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StHow Does Société Marseillaise du Tunnel Prado Carénage (EPA:SMTPC) Fare As A Dividend Stock?
3 weeks ago | Simply Wall StIs Société Marseillaise du Tunnel Prado Carénage (EPA:SMTPC) A Risky Investment?
1 month ago | Simply Wall StSociété Marseillaise du Tunnel Prado Carénage (EPA:SMTPC) Could Be Struggling To Allocate Capital
Is Société Marseillaise du Tunnel Prado Carénage undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SMTPC (€22.9) is trading below our estimate of fair value (€34.27)
Significantly Below Fair Value: SMTPC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SMTPC is poor value based on its PE Ratio (19.3x) compared to the XE Infrastructure industry average (18.8x).
PE vs Market: SMTPC is good value based on its PE Ratio (19.3x) compared to the French market (23.8x).
Price to Earnings Growth Ratio
PEG Ratio: SMTPC is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: SMTPC's PB Ratio (1.8x) is in line with the FR Infrastructure industry average.
How is Société Marseillaise du Tunnel Prado Carénage forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SMTPC's forecast earnings growth (15.7% per year) is above the savings rate (0.4%).
Earnings vs Market: SMTPC's earnings (15.7% per year) are forecast to grow slower than the French market (19.6% per year).
High Growth Earnings: SMTPC's earnings are forecast to grow, but not significantly.
Revenue vs Market: SMTPC's revenue (8.1% per year) is forecast to grow faster than the French market (6.8% per year).
High Growth Revenue: SMTPC's revenue (8.1% 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 (13.9%).
How has Société Marseillaise du Tunnel Prado Carénage performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SMTPC has high quality earnings.
Growing Profit Margin: SMTPC's current net profit margins (24.8%) are lower than last year (33.9%).
Past Earnings Growth Analysis
Earnings Trend: SMTPC's earnings have declined by 9.7% per year over the past 5 years.
Accelerating Growth: SMTPC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SMTPC had negative earnings growth (-42.3%) over the past year, making it difficult to compare to the Infrastructure industry average (-24.3%).
Return on Equity
High ROE: SMTPC's Return on Equity (9.5%) is considered low.
How is Société Marseillaise du Tunnel Prado Carénage's financial position?
Financial Position Analysis
Short Term Liabilities: SMTPC's short term assets (€43.8M) exceed its short term liabilities (€4.5M).
Long Term Liabilities: SMTPC's short term assets (€43.8M) do not cover its long term liabilities (€54.6M).
Debt to Equity History and Analysis
Debt Level: SMTPC's debt to equity ratio (70.4%) is considered high.
Reducing Debt: SMTPC's debt to equity ratio has increased from 45.4% to 70.4% over the past 5 years.
Debt Coverage: SMTPC's debt is well covered by operating cash flow (46.2%).
Interest Coverage: SMTPC's interest payments on its debt are well covered by EBIT (21.8x coverage).
What is Société Marseillaise du Tunnel Prado Carénage current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: SMTPC's dividend (8.3%) is higher than the bottom 25% of dividend payers in the French market (1.3%).
High Dividend: SMTPC's dividend (8.3%) is in the top 25% of dividend payers in the French market (3.98%)
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.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (160.4%), SMTPC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SMTPC's dividends in 3 years are not forecast to be well covered by earnings (116.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ms. Cecile Cambier serves as Chief Executive Officer at Société Marseillaise du Tunnel Prado Carénage since September 8, 2014 and served as its Managing Director.
CEO Compensation Analysis
Compensation vs Market: Cecile's total compensation ($USD377.34K) is about average for companies of similar size in the French market ($USD489.05K).
Compensation vs Earnings: Cecile's compensation has been consistent with company performance over the past year.
Experienced Board: SMTPC's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Société Marseillaise du Tunnel Prado Carénage's company bio, employee growth, exchange listings and data sources
- Name: Société Marseillaise du Tunnel Prado Carénage
- Ticker: SMTPC
- Exchange: ENXTPA
- Founded: 1989
- Industry: Highways and Railtracks
- Sector: Transportation
- Market Cap: €133.679m
- Shares outstanding: 5.84m
- Website: https://www.tunnelprado.com
Number of Employees
- Société Marseillaise du Tunnel Prado Carénage
- 3, Avenue Arthur Scott
- Provence-Alpes-Côte d'Azur
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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 19:55|
|End of Day Share Price||2021/05/10 00:00|
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.