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PLAS

Office PlastBVMT:PLAST Stock Report

Market Cap

د.ت20.9m

7D

0%

1Y

-7.3%

Updated

21 Oct, 2021

Data

Company Financials
PLAST fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

PLAST Overview

Office Plast SA manufactures and sells office and school supplies in the Republic of Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for Office Plast
Historical stock prices
Current Share Priceد.ت1.71
52 Week Highد.ت1.50
52 Week Lowد.ت2.01
Beta-0.22
1 Month Change6.88%
3 Month Change-3.39%
1 Year Change-7.34%
3 Year Change-33.06%
5 Year Change-37.13%
Change since IPO5.44%

Recent News & Updates

Shareholder Returns

PLASTTN Commercial ServicesTN Market
7D0%-1.5%-0.9%
1Y-7.3%63.4%-0.4%

Return vs Industry: PLAST underperformed the TN Commercial Services industry which returned 67% over the past year.

Return vs Market: PLAST underperformed the TN Market which returned -0.2% over the past year.

Price Volatility

Is PLAST's price volatile compared to industry and market?
PLAST volatility
PLAST Beta-0.22
Industry Beta0.91
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2006n/an/ahttps://www.office-plast.com

Office Plast SA manufactures and sells office and school supplies in the Republic of Tunisia. The company's products include boxes, cardboard folders, cardboard binders, PP filing cabinets, slates, book covers, and book protectors. It also provides office trims, card holders, diploma holders, cases, pouches, block holders, document protectors, dividers, and sorters.

Office Plast Fundamentals Summary

How do Office Plast's earnings and revenue compare to its market cap?
PLAST fundamental statistics
Market Capد.ت20.89m
Earnings (TTM)-د.ت199.48k
Revenue (TTM)د.ت22.81m

0.9x

P/S Ratio

-104.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PLAST income statement (TTM)
Revenueد.ت22.81m
Cost of Revenueد.ت13.56m
Gross Profitد.ت9.25m
Expensesد.ت9.45m
Earnings-د.ت199.48k

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.016
Gross Margin40.56%
Net Profit Margin-0.87%
Debt/Equity Ratio61.5%

How did PLAST perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

-115%

Payout Ratio

Valuation

Is Office Plast undervalued compared to its fair value and its price relative to the market?

0.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: PLAST (TND1.71) is trading above our estimate of fair value (TND0.12)

Significantly Below Fair Value: PLAST is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PLAST is unprofitable, so we can't compare its PE Ratio to the African Commercial Services industry average.

PE vs Market: PLAST is unprofitable, so we can't compare its PE Ratio to the TN market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PLAST is good value based on its PB Ratio (1x) compared to the XF Commercial Services industry average (1.2x).


Future Growth

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

20.2%

Forecasted Commercial Services 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 Office Plast 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 Office Plast performed over the past 5 years?

-21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PLAST is currently unprofitable.

Growing Profit Margin: PLAST is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PLAST is unprofitable, and losses have increased over the past 5 years at a rate of 21.2% per year.

Accelerating Growth: Unable to compare PLAST's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PLAST is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (14.4%).


Return on Equity

High ROE: PLAST has a negative Return on Equity (-0.99%), as it is currently unprofitable.


Financial Health

How is Office Plast's financial position?


Financial Position Analysis

Short Term Liabilities: PLAST's short term assets (TND22.5M) exceed its short term liabilities (TND11.7M).

Long Term Liabilities: PLAST's short term assets (TND22.5M) exceed its long term liabilities (TND5.9M).


Debt to Equity History and Analysis

Debt Level: PLAST's debt to equity ratio (61.5%) is considered high.

Reducing Debt: PLAST's debt to equity ratio has increased from 34.8% to 61.5% over the past 5 years.

Debt Coverage: PLAST's debt is not well covered by operating cash flow (12.4%).

Interest Coverage: PLAST's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


Dividend

What is Office Plast current dividend yield, its reliability and sustainability?

1.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PLAST's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the TN market (2.92%).

High Dividend: PLAST's dividend (1.09%) is low compared to the top 25% of dividend payers in the TN market (6.69%).


Stability and Growth of Payments

Stable Dividend: PLAST is not paying a notable dividend for the TN market, therefore no need to check if payments are stable.

Growing Dividend: PLAST is not paying a notable dividend for the TN market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: PLAST is not paying a notable dividend for the TN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PLAST'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?


CEO

Office Plast 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

Office Plast SA's employee growth, exchange listings and data sources


Key Information

  • Name: Office Plast SA
  • Ticker: PLAST
  • Exchange: BVMT
  • Founded: 2006
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: د.ت20.894m
  • Shares outstanding: 12.22m
  • Website: https://www.office-plast.com

Number of Employees


Location

  • Office Plast SA
  • Z.I 2, BP 156
  • Medjez el Bab
  • 9070
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 15:00
End of Day Share Price2021/10/20 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.