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ECYC

Euro-CyclesBVMT:ECYCL Stock Report

Market Cap

د.ت310.1m

7D

-0.2%

1Y

45.1%

Updated

17 Oct, 2021

Data

Company Financials +
ECYCL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends0/6

ECYCL Overview

Euro-Cycles S.A manufactures, assembles, and sells two-wheeled cycles in Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for Euro-Cycles
Historical stock prices
Current Share Priceد.ت34.80
52 Week Highد.ت23.50
52 Week Lowد.ت35.20
Beta0.18
1 Month Change9.33%
3 Month Change16.04%
1 Year Change45.06%
3 Year Change87.19%
5 Year Change-7.51%
Change since IPO406.35%

Recent News & Updates

Shareholder Returns

ECYCLTN LeisureTN Market
7D-0.2%2.1%-0.5%
1Y45.1%15.1%0.07%

Return vs Industry: ECYCL exceeded the TN Leisure industry which returned 15.1% over the past year.

Return vs Market: ECYCL exceeded the TN Market which returned 0.1% over the past year.

Price Volatility

Is ECYCL's price volatile compared to industry and market?
ECYCL volatility
ECYCL Beta0.18
Industry Beta0.99
Market Beta1

Stable Share Price: ECYCL is less volatile than 75% of TN stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: ECYCL's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/an/ahttps://euro-cycles.com

Euro-Cycles S.A manufactures, assembles, and sells two-wheeled cycles in Tunisia. It offers kids, mountain, road, BMX/trick, commuting, folding, and electric bikes, as well as beach cruisers. The company also provides frames and works welding hubs with phosphating complete line, rims production hubs, saddles production and assembling hubs, powder painting hubs, and wheels semi-automatic assembly hubs.

Euro-Cycles Fundamentals Summary

How do Euro-Cycles's earnings and revenue compare to its market cap?
ECYCL fundamental statistics
Market Capد.ت310.07m
Earnings (TTM)د.ت21.94m
Revenue (TTM)د.ت144.76m

14.1x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ECYCL income statement (TTM)
Revenueد.ت144.76m
Cost of Revenueد.ت99.66m
Gross Profitد.ت45.10m
Expensesد.ت23.17m
Earningsد.ت21.94m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.46
Gross Margin31.16%
Net Profit Margin15.15%
Debt/Equity Ratio117.7%

How did ECYCL perform over the long term?

See historical performance and comparison

Valuation

Is Euro-Cycles undervalued compared to its fair value and its price relative to the market?

14.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ECYCL (TND34.8) is trading above our estimate of fair value (TND11.25)

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


Price To Earnings Ratio

PE vs Industry: ECYCL is good value based on its PE Ratio (14.1x) compared to the Global Leisure industry average (16.4x).

PE vs Market: ECYCL is poor value based on its PE Ratio (14.1x) compared to the TN market (11.9x).


Price to Earnings Growth Ratio

PEG Ratio: ECYCL is poor value based on its PEG Ratio (2.1x)


Price to Book Ratio

PB vs Industry: ECYCL is overvalued based on its PB Ratio (6.7x) compared to the XX Leisure industry average (2.2x).


Future Growth

How is Euro-Cycles forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

6.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ECYCL's forecast earnings growth (6.7% per year) is below the savings rate (9.1%).

Earnings vs Market: ECYCL's earnings (6.7% per year) are forecast to grow slower than the TN market (12.7% per year).

High Growth Earnings: ECYCL's earnings are forecast to grow, but not significantly.

Revenue vs Market: ECYCL's revenue (5.7% per year) is forecast to grow slower than the TN market (7.5% per year).

High Growth Revenue: ECYCL'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: ECYCL's Return on Equity is forecast to be high in 3 years time (39%)


Past Performance

How has Euro-Cycles performed over the past 5 years?

-0.7%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: ECYCL's current net profit margins (15.2%) are higher than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: ECYCL's earnings have declined by 0.7% per year over the past 5 years.

Accelerating Growth: ECYCL's earnings growth over the past year (118.7%) exceeds its 5-year average (-0.7% per year).

Earnings vs Industry: ECYCL earnings growth over the past year (118.7%) exceeded the Leisure industry 61.1%.


Return on Equity

High ROE: Whilst ECYCL's Return on Equity (47.67%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is Euro-Cycles's financial position?


Financial Position Analysis

Short Term Liabilities: ECYCL's short term assets (TND132.1M) exceed its short term liabilities (TND99.6M).

Long Term Liabilities: ECYCL's short term assets (TND132.1M) exceed its long term liabilities (TND1.3M).


Debt to Equity History and Analysis

Debt Level: ECYCL's debt to equity ratio (117.7%) is considered high.

Reducing Debt: ECYCL's debt to equity ratio has increased from 53.4% to 117.7% over the past 5 years.

Debt Coverage: ECYCL's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ECYCL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Euro-Cycles's current dividend yield, its reliability and sustainability?

5.49%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if ECYCL'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 ECYCL'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

Euro-Cycles 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

Euro-Cycles S.A's employee growth, exchange listings and data sources


Key Information

  • Name: Euro-Cycles S.A
  • Ticker: ECYCL
  • Exchange: BVMT
  • Founded: 1993
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: د.ت310.068m
  • Shares outstanding: 8.91m
  • Website: https://euro-cycles.com

Location

  • Euro-Cycles S.A
  • Zone Industrielle Kalaa Kebira
  • Sousse
  • 4060
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 15:01
End of Day Share Price2021/10/14 00:00
Earnings2021/06/30
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.