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STB

Société Tunisienne de Banque Société anonymeBVMT:STB Stock Report

Market Cap

د.ت413.7m

7D

-3.6%

1Y

-21.2%

Updated

18 Oct, 2021

Data

Company Financials +
STB fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance1/6
Financial Health4/6
Dividends0/6

STB Overview

Société Tunisienne de Banque Société anonyme provides financial services to individuals, professionals, and enterprises in Tunisia and internationally.

Société Tunisienne de Banque Société anonyme Competitors

Banque de Tunisie Société anonyme

BVMT:BT

د.ت1.3b

Banque Attijari de Tunisie Société anonyme

BVMT:TJARI

د.ت1.3b

Amen Bank Société anonyme

BVMT:AB

د.ت555.8m

Union Internationale de Banques Société anonyme

BVMT:UIB

د.ت553.0m

Price History & Performance

Summary of all time highs, changes and price drops for Société Tunisienne de Banque Société anonyme
Historical stock prices
Current Share Priceد.ت2.68
52 Week Highد.ت2.60
52 Week Lowد.ت3.58
Beta-0.070
1 Month Change-2.19%
3 Month Change-4.29%
1 Year Change-21.18%
3 Year Change-41.61%
5 Year Change-30.93%
Change since IPO-80.09%

Recent News & Updates

Shareholder Returns

STBTN BanksTN Market
7D-3.6%-0.5%-0.5%
1Y-21.2%-12.2%0.07%

Return vs Industry: STB underperformed the TN Banks industry which returned -12.2% over the past year.

Return vs Market: STB underperformed the TN Market which returned 0.1% over the past year.

Price Volatility

Is STB's price volatile compared to industry and market?
STB volatility
STB Beta-0.070
Industry Beta0.68
Market Beta1

Stable Share Price: STB is not significantly more volatile than the rest of TN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: STB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1957n/aLotfi Debbabihttps://www.stb.com.tn

Société Tunisienne de Banque Société anonyme provides financial services to individuals, professionals, and enterprises in Tunisia and internationally. The company offers checking, savings, and current accounts; certificates of deposit; and direct credit, savings and auto loans, housing credit and home savings loans, computer package credit, study savings loans, investment credit, and real estate credit financing services, as well as financing services for professional projects and operating cycle. It also provides online and mobile banking, phone recharge, and money transfer services; bank and credit cards; and commercial papers and treasury services.

Société Tunisienne de Banque Société anonyme Fundamentals Summary

How do Société Tunisienne de Banque Société anonyme's earnings and revenue compare to its market cap?
STB fundamental statistics
Market Capد.ت413.75m
Earnings (TTM)د.ت94.24m
Revenue (TTM)د.ت429.62m

4.4x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STB income statement (TTM)
Revenueد.ت429.62m
Cost of Revenueد.ت1.44m
Gross Profitد.ت428.18m
Expensesد.ت333.94m
Earningsد.ت94.24m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin99.67%
Net Profit Margin21.94%
Debt/Equity Ratio166.3%

How did STB perform over the long term?

See historical performance and comparison

Valuation

Is Société Tunisienne de Banque Société anonyme undervalued compared to its fair value and its price relative to the market?

4.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate STB's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate STB's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: STB is good value based on its PE Ratio (4.4x) compared to the TN Banks industry average (6.7x).

PE vs Market: STB is good value based on its PE Ratio (4.4x) compared to the TN market (11.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: STB is good value based on its PB Ratio (0.4x) compared to the TN Banks industry average (0.7x).


Future Growth

How is Société Tunisienne de Banque Société anonyme forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

13.7%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if STB's forecast earnings growth is above the savings rate (9.1%).

Earnings vs Market: Insufficient data to determine if STB's earnings are forecast to grow faster than the TN market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: STB's revenue (13.7% per year) is forecast to grow faster than the TN market (7.5% per year).

High Growth Revenue: STB's revenue (13.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: STB's Return on Equity is forecast to be low in 3 years time (7.7%).


Past Performance

How has Société Tunisienne de Banque Société anonyme performed over the past 5 years?

47.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STB has a high level of non-cash earnings.

Growing Profit Margin: STB's current net profit margins (21.9%) are lower than last year (37.5%).


Past Earnings Growth Analysis

Earnings Trend: STB has become profitable over the past 5 years, growing earnings by 47.8% per year.

Accelerating Growth: STB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: STB had negative earnings growth (-48.5%) over the past year, making it difficult to compare to the Banks industry average (-20.8%).


Return on Equity

High ROE: STB's Return on Equity (8.3%) is considered low.


Financial Health

How is Société Tunisienne de Banque Société anonyme's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: STB's Assets to Equity ratio (10.8x) is moderate.

Allowance for Bad Loans: Insufficient data to determine if STB has a sufficient allowance for bad loans.

Low Risk Liabilities: 76% of STB's liabilities are made up of primarily low risk sources of funding.

Loan Level: STB has an appropriate level of Loans to Assets ratio (75%).

Low Risk Deposits: STB's Loans to Deposits ratio (110%) is appropriate.

Level of Bad Loans: Insufficient data to determine if STB has an appropriate level of bad loans.


Dividend

What is Société Tunisienne de Banque Société anonyme current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

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

3.5yrs

Average board tenure


CEO

Lotfi Debbabi

no data

Tenure

Mr. Lotfi Debbabi is General Director at Société Tunisienne de Banque Société anonyme. He served as a Representative Director of Société Tunisienne de Réassurance and is Director of Société Nigérienne de B...


Board Members

Experienced Board: STB's board of directors are considered experienced (3.5 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Société Tunisienne de Banque Société anonyme's employee growth, exchange listings and data sources


Key Information

  • Name: Société Tunisienne de Banque Société anonyme
  • Ticker: STB
  • Exchange: BVMT
  • Founded: 1957
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: د.ت413.747m
  • Shares outstanding: 154.38m
  • Website: https://www.stb.com.tn

Location

  • Société Tunisienne de Banque Société anonyme
  • Hédi Nouira Street
  • Tunis
  • 1001
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:01
End of Day Share Price2021/10/14 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.