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MGR

Société Tunisienne des Marchés de GrosBVMT:MGR Stock Report

Market Cap

د.ت51.9m

7D

-1.0%

1Y

22.1%

Updated

17 Oct, 2021

Data

Company Financials
MGR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends2/6

MGR Overview

Société Tunisienne des Marchés de Gros S.A.

Price History & Performance

Summary of all time highs, changes and price drops for Société Tunisienne des Marchés de Gros
Historical stock prices
Current Share Priceد.ت3.93
52 Week Highد.ت3.03
52 Week Lowد.ت4.07
Beta-0.48
1 Month Change-0.25%
3 Month Change12.93%
1 Year Change22.05%
3 Year Change84.51%
5 Year Change106.84%
Change since IPO222.01%

Recent News & Updates

Shareholder Returns

MGRTN Consumer RetailingTN Market
7D-1.0%1.3%-0.5%
1Y22.1%32.8%0.07%

Return vs Industry: MGR underperformed the TN Consumer Retailing industry which returned 32.8% over the past year.

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

Price Volatility

Is MGR's price volatile compared to industry and market?
MGR volatility
MGR Beta-0.48
Industry Beta0.57
Market Beta1

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

Volatility Over Time: MGR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980n/aFaten Ghazouanihttps://www.sotumag.com.tn

Société Tunisienne des Marchés de Gros S.A. operates a wholesale market in Tunisia. The company manages the national interest market of Bir Kassaâ, which offers various products, including fruits and vegetables, sea products, dates, exotic fruits, and other imported products. It also provides consulting, and hygiene and safety services, as well as rents warehouses and cold rooms.

Société Tunisienne des Marchés de Gros Fundamentals Summary

How do Société Tunisienne des Marchés de Gros's earnings and revenue compare to its market cap?
MGR fundamental statistics
Market Capد.ت51.88m
Earnings (TTM)د.ت5.31m
Revenue (TTM)د.ت15.29m

9.8x

P/E Ratio

3.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MGR income statement (TTM)
Revenueد.ت15.29m
Cost of Revenueد.ت993.21k
Gross Profitد.ت14.29m
Expensesد.ت8.99m
Earningsد.ت5.31m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.40
Gross Margin93.50%
Net Profit Margin34.73%
Debt/Equity Ratio0.0%

How did MGR perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

55%

Payout Ratio

Valuation

Is Société Tunisienne des Marchés de Gros undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MGR (TND3.93) is trading below our estimate of fair value (TND8.5)

Significantly Below Fair Value: MGR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MGR is good value based on its PE Ratio (9.8x) compared to the African Consumer Retailing industry average (25.1x).

PE vs Market: MGR is good value based on its PE Ratio (9.8x) compared to the TN market (11.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MGR is good value based on its PB Ratio (1.8x) compared to the XF Consumer Retailing industry average (4.8x).


Future Growth

How is Société Tunisienne des Marchés de Gros forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.6%

Forecasted Consumer Retailing 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 Société Tunisienne des Marchés de Gros 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 Société Tunisienne des Marchés de Gros performed over the past 5 years?

18.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MGR has high quality earnings.

Growing Profit Margin: MGR's current net profit margins (34.7%) are higher than last year (34.5%).


Past Earnings Growth Analysis

Earnings Trend: MGR's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: MGR's earnings growth over the past year (5.6%) is below its 5-year average (18.5% per year).

Earnings vs Industry: MGR earnings growth over the past year (5.6%) underperformed the Consumer Retailing industry 9.1%.


Return on Equity

High ROE: MGR's Return on Equity (18.2%) is considered low.


Financial Health

How is Société Tunisienne des Marchés de Gros's financial position?


Financial Position Analysis

Short Term Liabilities: MGR's short term assets (TND24.6M) exceed its short term liabilities (TND7.4M).

Long Term Liabilities: MGR's short term assets (TND24.6M) exceed its long term liabilities (TND335.7K).


Debt to Equity History and Analysis

Debt Level: MGR is debt free.

Reducing Debt: MGR has not had any debt for past 5 years.

Debt Coverage: MGR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: MGR has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Société Tunisienne des Marchés de Gros's current dividend yield, its reliability and sustainability?

5.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MGR's dividend (5.6%) is higher than the bottom 25% of dividend payers in the TN market (2.89%).

High Dividend: MGR's dividend (5.6%) is low compared to the top 25% of dividend payers in the TN market (6.62%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether MGR's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if MGR's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (54.7%), MGR's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

د.ت59k

CEO Compensation


CEO

Faten Ghazouani

no data

Tenure

د.ت59,198

Compensation

Mrs. Faten Ouerghi Ghazouani is President & CEO at Société Tunisienne des Marchés de Gros S.A.


CEO Compensation Analysis

Compensation vs Market: Faten's total compensation ($USD20.97K) is below average for companies of similar size in the TN market ($USD259.30K).

Compensation vs Earnings: Faten's compensation has been consistent with company performance over the past year.


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 des Marchés de Gros S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Société Tunisienne des Marchés de Gros S.A.
  • Ticker: MGR
  • Exchange: BVMT
  • Founded: 1980
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: د.ت51.876m
  • Shares outstanding: 13.20m
  • Website: https://www.sotumag.com.tn

Location

  • Société Tunisienne des Marchés de Gros S.A.
  • Route de Naassen
  • Bir KassaA
  • Ben Arous
  • 2059
  • 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.