Banque Attijari de Tunisie Société anonyme provides various banking products and services to individuals, professionals, and companies in Tunisia.
Banque Attijari de Tunisie Société anonyme Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||د.ت30.80|
|52 Week High||د.ت24.55|
|52 Week Low||د.ت34.45|
|1 Month Change||-0.97%|
|3 Month Change||-0.97%|
|1 Year Change||22.13%|
|3 Year Change||-28.37%|
|5 Year Change||13.40%|
|Change since IPO||126.92%|
Recent News & Updates
|TJARI||TN Banks||TN Market|
Return vs Industry: TJARI exceeded the TN Banks industry which returned -15.4% over the past year.
Return vs Market: TJARI exceeded the TN Market which returned -1.2% over the past year.
Stable Share Price: TJARI is less volatile than 75% of TN stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: TJARI's weekly volatility (2%) has been stable over the past year.
About the Company
Banque Attijari de Tunisie Société anonyme provides various banking products and services to individuals, professionals, and companies in Tunisia. The company offers accounts, credits, savings plans, bank cards, and flow management solutions; operating cycle and investments financing, investment, international trade, remote banking, money transfer, and insurance services; and leasing, asset management, stock market mediation, venture capital, and consulting services. As of December 31, 2019, it operated through a network of 207 branches and business centers.
Banque Attijari de Tunisie Société anonyme Fundamentals Summary
|TJARI fundamental statistics|
Is TJARI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TJARI income statement (TTM)|
|Cost of Revenue||د.ت0|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||3.44|
|Net Profit Margin||27.20%|
How did TJARI perform over the long term?See historical performance and comparison
8.8%Current Dividend Yield
Is Banque Attijari de Tunisie Société anonyme undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TJARI (TND30.8) is trading above our estimate of fair value (TND16.96)
Significantly Below Fair Value: TJARI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TJARI is poor value based on its PE Ratio (9x) compared to the TN Banks industry average (6.6x).
PE vs Market: TJARI is good value based on its PE Ratio (9x) compared to the TN market (11.8x).
Price to Earnings Growth Ratio
PEG Ratio: TJARI is poor value based on its PEG Ratio (3.5x)
Price to Book Ratio
PB vs Industry: TJARI is overvalued based on its PB Ratio (1.4x) compared to the TN Banks industry average (0.7x).
How is Banque Attijari de Tunisie Société anonyme 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: TJARI's forecast earnings growth (2.6% per year) is below the savings rate (9.1%).
Earnings vs Market: TJARI's earnings (2.6% per year) are forecast to grow slower than the TN market (12.6% per year).
High Growth Earnings: TJARI's earnings are forecast to grow, but not significantly.
Revenue vs Market: TJARI's revenue (5.7% per year) is forecast to grow slower than the TN market (7.6% per year).
High Growth Revenue: TJARI's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TJARI's Return on Equity is forecast to be low in 3 years time (14.7%).
How has Banque Attijari de Tunisie Société anonyme performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TJARI has high quality earnings.
Growing Profit Margin: TJARI's current net profit margins (27.2%) are lower than last year (34.5%).
Past Earnings Growth Analysis
Earnings Trend: TJARI's earnings have grown by 9.8% per year over the past 5 years.
Accelerating Growth: TJARI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TJARI had negative earnings growth (-20.8%) over the past year, making it difficult to compare to the Banks industry average (-20.8%).
Return on Equity
High ROE: TJARI's Return on Equity (15.7%) is considered low.
How is Banque Attijari de Tunisie 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
Financial Institutions Analysis
Asset Level: TJARI's Assets to Equity ratio (11.1x) is moderate.
Allowance for Bad Loans: TJARI has a sufficient allowance for bad loans (215%).
Low Risk Liabilities: 77% of TJARI's liabilities are made up of primarily low risk sources of funding.
Loan Level: TJARI has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: TJARI's Loans to Deposits ratio (93%) is appropriate.
Level of Bad Loans: TJARI has a high level of bad loans (4.4%).
What is Banque Attijari de Tunisie Société anonyme current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TJARI's dividend (8.77%) is higher than the bottom 25% of dividend payers in the TN market (2.9%).
High Dividend: TJARI's dividend (8.77%) is in the top 25% of dividend payers in the TN market (6.78%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether TJARI's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if TJARI's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78.5%), TJARI's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TJARI's dividends in 3 years are forecast to be covered by earnings (52.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Said Sebti serves as Chief Executive Officer of Banque Attijari de Tunisie SA. Mr. Sebti served as Deputy General Manager of Northeast Region at Attijariwafa Bank S.A. Mr. Sebti served as Head of Centr...
Experienced Board: TJARI's board of directors are considered experienced (3.5 years average tenure).
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.
Banque Attijari de Tunisie Société anonyme's employee growth, exchange listings and data sources
- Name: Banque Attijari de Tunisie Société anonyme
- Ticker: TJARI
- Exchange: BVMT
- Founded: NaN
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: د.ت1.259b
- Shares outstanding: 40.74m
- Website: https://www.attijaribank.com.tn
- Banque Attijari de Tunisie Société anonyme
- 24, rue Hédi Karray
- Centre Urbain Nord
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:47|
|End of Day Share Price||2021/10/25 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.