Stari Tamis a.d (BELEX:STTM) - Share price, News & Analysis

STTM fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

STTM Stock Overview

Stari Tamiš a.d. engages in the production, processing, and trade of agricultural products and cattle breeding products in Serbia.

Rewards

Trading at 10.5% below our estimate of its fair value

Earnings grew by 478.8% over the past year

Risk Analysis

Shares are highly illiquid

Latest financial reports are more than a year old

Large one-off items impacting financial results

Does not have a meaningful market cap (RSD2B)

Stari Tamis a.d Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Stari Tamis a.d
Historical stock prices
Current Share Price	дин5,600.00
52 Week High	дин6,000.00
52 Week Low	дин5,200.00
Beta	0.60
1 Month Change	1.52%
3 Month Change	1.82%
1 Year Change	-34.12%
3 Year Change	n/a
5 Year Change	86.67%
Change since IPO	193.50%

Recent News & Updates

Sep 21

Calculating The Fair Value Of Stari Tamis a.d. (BELEX:STTM)

How far off is Stari Tamis a.d. ( BELEX:STTM ) from its intrinsic value? Using the most recent financial data, we'll...

Jul 06

Stari Tamis a.d (BELEX:STTM) Is Doing The Right Things To Multiply Its Share Price

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...

Shareholder Returns

	STTM	RS Food	RS Market
7D	0%	0%	-0.3%
1Y	-34.1%	-10.4%	-5.2%

Return vs Industry: STTM underperformed the RS Food industry which returned -10.4% over the past year.

Return vs Market: STTM underperformed the RS Market which returned -5.2% over the past year.

Price Volatility

Is STTM's price volatile compared to industry and market?
STTM volatility
STTM Average Weekly Movement	n/a
Food Industry Average Movement	5.5%
Market Average Movement	6.5%
10% most volatile stocks in RS Market	11.9%
10% least volatile stocks in RS Market	3.6%

Stable Share Price: Insufficient data to determine STTM's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine STTM's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1952	217	n/a	https://staritamis.rs

Stari Tamiš a.d. engages in the production, processing, and trade of agricultural products and cattle breeding products in Serbia. It offers agricultural products, such as corn, wheat, sugar beets, and soy; and cattle breeding products, such as fattened cows and pigs. The company also engages in the production and trade of milk.

Stari Tamis a.d Fundamentals Summary

How do Stari Tamis a.d's earnings and revenue compare to its market cap?
STTM fundamental statistics
Market Cap	дин2.22b
Earnings (TTM)	дин87.33m
Revenue (TTM)	дин1.88b

25.4x

P/E Ratio

1.2x

P/S Ratio

Is STTM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
STTM income statement (TTM)
Revenue	дин1.88b
Cost of Revenue	дин1.05b
Gross Profit	дин829.16m
Other Expenses	дин741.83m
Earnings	дин87.33m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)	220.64
Gross Margin	44.05%
Net Profit Margin	4.64%
Debt/Equity Ratio	8.3%

How did STTM perform over the long term?

See historical performance and comparison

Valuation

Is Stari Tamis a.d 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

10.5%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: STTM (RSD5600) is trading below our estimate of fair value (RSD6258.68)

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

Price To Earnings Ratio

PE vs Industry: STTM is poor value based on its PE Ratio (25.4x) compared to the European Food industry average (17.8x).

PE vs Market: STTM is poor value based on its PE Ratio (25.4x) compared to the RS market (10.2x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: STTM is good value based on its PB Ratio (0.6x) compared to the XE Food industry average (1.2x).

Future Growth

How is Stari Tamis a.d forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

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

0.6%

Forecasted Food, Beverage & Tobacco 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 Stari Tamis a.d 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 Stari Tamis a.d performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

478.8%

Last years earnings growth

Earnings and Revenue History

Quality Earnings: STTM has a large one-off loss of RSD116.0M impacting its December 31 2020 financial results.

Growing Profit Margin: STTM's current net profit margins (4.6%) are higher than last year (1%).

Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if STTM's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare STTM's past year earnings growth to its 5-year average.

Earnings vs Industry: STTM earnings growth over the past year (478.8%) exceeded the Food industry 14.3%.

Return on Equity

High ROE: STTM's Return on Equity (2.5%) is considered low.

Financial Health

How is Stari Tamis a.d's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: STTM's short term assets (RSD1.0B) exceed its short term liabilities (RSD373.8M).

Long Term Liabilities: STTM's short term assets (RSD1.0B) exceed its long term liabilities (RSD217.1M).

Debt to Equity History and Analysis

Debt Level: STTM's net debt to equity ratio (8.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if STTM's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: STTM's debt is well covered by operating cash flow (44%).

Interest Coverage: STTM's interest payments on its debt are well covered by EBIT (34.6x coverage).

Balance Sheet

Dividend

What is Stari Tamis a.d current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate STTM'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 STTM's dividends per share have been stable in the past.

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

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: Unable to calculate sustainability of dividends as STTM has not reported any payouts.

Next Steps

Explore strong dividend paying companies in the Food, Beverage & Tobacco industry.

Management

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

CEO

Stari Tamis a.d 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/12 00:00
End of Day Share Price	2022/05/12 00:00
Earnings	2020/12/31
Annual Earnings	2020/12/31