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FORT

Forges TardieuMUSE:FORT.I0000 Stock Report

Market Cap

MU₨220.8m

7D

0%

1Y

0%

Updated

19 Oct, 2021

Data

Company Financials
FORT.I0000 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

FORT.I0000 Overview

Forges Tardieu Ltd provides engineering services to the cane, oil and gas, marine, and mining industries in Africa, Latin America, and Asia.

Price History & Performance

Summary of all time highs, changes and price drops for Forges Tardieu
Historical stock prices
Current Share PriceMU₨115.00
52 Week HighMU₨0
52 Week LowMU₨0
Beta-0.025
1 Month Change0%
3 Month Change0%
1 Year Change0%
3 Year Change4.55%
5 Year Change-10.85%
Change since IPO-26.05%

Recent News & Updates

Shareholder Returns

FORT.I0000MU ConstructionMU Market
7D0%1.0%0.2%
1Y0%35.7%13.9%

Return vs Industry: FORT.I0000 underperformed the MU Construction industry which returned 35.7% over the past year.

Return vs Market: FORT.I0000 underperformed the MU Market which returned 13.9% over the past year.

Price Volatility

Is FORT.I0000's price volatile compared to industry and market?
FORT.I0000 volatility
FORT.I0000 Beta-0.025
Industry Beta0.63
Market Beta1

Stable Share Price: FORT.I0000 is less volatile than 75% of MU stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: FORT.I0000's weekly volatility (0%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1850n/an/ahttps://www.forgestardieu.mu

Forges Tardieu Ltd provides engineering services to the cane, oil and gas, marine, and mining industries in Africa, Latin America, and Asia. The company is primarily involved in the engineering, procurement, construction, commissioning, and management activities. It manufactures, erects, maintains, dismounts and remounts, and automates and controls plants used in sugar production; provides tank and pipeline heating systems and oil and gas pipes and pipelines, as well as erects petroleum storage facilities; and installs and maintains boilers and conveyor belts.

Forges Tardieu Fundamentals Summary

How do Forges Tardieu's earnings and revenue compare to its market cap?
FORT.I0000 fundamental statistics
Market CapMU₨220.80m
Earnings (TTM)MU₨37.16m
Revenue (TTM)MU₨212.46m

5.9x

P/E Ratio

1.0x

P/S Ratio

Is FORT.I0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
FORT.I0000 income statement (TTM)
RevenueMU₨212.46m
Cost of RevenueMU₨0
Gross ProfitMU₨212.46m
ExpensesMU₨175.31m
EarningsMU₨37.16m

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)19.35
Gross Margin100.00%
Net Profit Margin17.49%
Debt/Equity Ratio0.0%

How did FORT.I0000 perform over the long term?

See historical performance and comparison

Valuation

Is Forges Tardieu undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FORT.I0000 (MUR115) is trading below our estimate of fair value (MUR2613.88)

Significantly Below Fair Value: FORT.I0000 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FORT.I0000 is good value based on its PE Ratio (5.9x) compared to the African Construction industry average (15.1x).

PE vs Market: FORT.I0000 is good value based on its PE Ratio (5.9x) compared to the MU market (14.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FORT.I0000's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FORT.I0000 is good value based on its PB Ratio (0.9x) compared to the XF Construction industry average (1.1x).


Future Growth

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

19.2%

Forecasted Capital Goods 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 Forges Tardieu 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.


Past Performance

How has Forges Tardieu performed over the past 5 years?

-60.9%

Last years revenue growth


Earnings and Revenue History

Quality Earnings: FORT.I0000 has high quality earnings.

Growing Profit Margin: FORT.I0000 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FORT.I0000 has become profitable over the past 5 years.

Accelerating Growth: FORT.I0000 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FORT.I0000 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (-9.2%).


Return on Equity

High ROE: FORT.I0000's Return on Equity (15.3%) is considered low.


Financial Health

How is Forges Tardieu's financial position?


Financial Position Analysis

Short Term Liabilities: FORT.I0000's short term assets (MUR467.8M) do not cover its short term liabilities (MUR515.5M).

Long Term Liabilities: FORT.I0000's short term assets (MUR467.8M) exceed its long term liabilities (MUR55.6M).


Debt to Equity History and Analysis

Debt Level: FORT.I0000 is debt free.

Reducing Debt: FORT.I0000 has not had any debt for past 5 years.

Debt Coverage: FORT.I0000 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: FORT.I0000 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Forges Tardieu current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FORT.I0000's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FORT.I0000's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FORT.I0000's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FORT.I0000's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FORT.I0000 is not paying a notable dividend for the MU market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FORT.I0000's dividend in 3 years as they are not forecast to pay a notable one for the MU market.


Next Steps

Management

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


CEO

Forges Tardieu has no CEO, or we have no data on them.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

Forges Tardieu Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Forges Tardieu Ltd
  • Ticker: FORT.I0000
  • Exchange: MUSE
  • Founded: 1850
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: MU₨220.800m
  • Shares outstanding: 1.92m
  • Website: https://www.forgestardieu.mu

Location

  • Forges Tardieu Ltd
  • 31 Nicolay Road
  • PO Box 20
  • Port Louis
  • Mauritius

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 12:30
End of Day Share Price2021/10/18 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.