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ATL

Arab Tunisian LeaseBVMT:ATL Stock Report

Market Cap

د.ت59.5m

7D

-1.6%

1Y

3.3%

Updated

26 Oct, 2021

Data

Company Financials +
ATL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends3/6

ATL Overview

Arab Tunisian Lease S.A. provides financial leasing services in Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for Arab Tunisian Lease
Historical stock prices
Current Share Priceد.ت1.86
52 Week Highد.ت1.36
52 Week Lowد.ت2.00
Beta-0.025
1 Month Change2.76%
3 Month Change16.25%
1 Year Change3.33%
3 Year Change-33.81%
5 Year Change-37.16%
Change since IPO-34.35%

Recent News & Updates

Shareholder Returns

ATLTN Diversified FinancialTN Market
7D-1.6%-1.4%-1.8%
1Y3.3%-0.2%-1.1%

Return vs Industry: ATL exceeded the TN Diversified Financial industry which returned -0.2% over the past year.

Return vs Market: ATL exceeded the TN Market which returned -1.1% over the past year.

Price Volatility

Is ATL's price volatile compared to industry and market?
ATL volatility
ATL Beta-0.025
Industry Beta0.67
Market Beta1

Stable Share Price: ATL is more volatile than 90% of TN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ATL's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of TN stocks.

About the Company

FoundedEmployeesCEOWebsite
1993n/an/ahttps://www.atl.com.tn

Arab Tunisian Lease S.A. provides financial leasing services in Tunisia. The company engages in leasing construction machineries and equipment, transport vehicles, medical equipment, and specific equipment, as well as real estate properties. It operates through a network of 11 agencies.

Arab Tunisian Lease Fundamentals Summary

How do Arab Tunisian Lease's earnings and revenue compare to its market cap?
ATL fundamental statistics
Market Capد.ت59.48m
Earnings (TTM)د.ت5.28m
Revenue (TTM)د.ت70.09m

11.4x

P/E Ratio

0.9x

P/S Ratio


Dividends

4.0%

Current Dividend Yield

46%

Payout Ratio

Valuation

Is Arab Tunisian Lease undervalued compared to its fair value and its price relative to the market?

11.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ATL (TND1.84) is trading above our estimate of fair value (TND0.58)

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


Price To Earnings Ratio

PE vs Industry: ATL is poor value based on its PE Ratio (11.3x) compared to the African Diversified Financial industry average (10.6x).

PE vs Market: ATL is good value based on its PE Ratio (11.3x) compared to the TN market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: ATL is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: ATL's PB Ratio (0.6x) is in line with the TN Diversified Financial industry average.


Future Growth

How is Arab Tunisian Lease forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

8.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATL's forecast earnings growth (8.4% per year) is below the savings rate (9.1%).

Earnings vs Market: ATL's earnings (8.4% per year) are forecast to grow slower than the TN market (12.6% per year).

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

Revenue vs Market: ATL's revenue is expected to decline over the next 3 years (-26% per year).

High Growth Revenue: ATL's revenue is forecast to decline over the next 3 years (-26% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ATL's Return on Equity is forecast to be low in 3 years time (6.2%).


Past Performance

How has Arab Tunisian Lease performed over the past 5 years?

-13.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATL has high quality earnings.

Growing Profit Margin: ATL's current net profit margins (7.5%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: ATL's earnings have declined by 13.5% per year over the past 5 years.

Accelerating Growth: ATL's earnings growth over the past year (217.3%) exceeds its 5-year average (-13.5% per year).

Earnings vs Industry: ATL earnings growth over the past year (217.3%) exceeded the Diversified Financial industry 32.9%.


Return on Equity

High ROE: ATL's Return on Equity (5.2%) is considered low.


Financial Health

How is Arab Tunisian Lease's financial position?


Financial Position Analysis

Short Term Liabilities: ATL's short term assets (TND604.4M) exceed its short term liabilities (TND204.6M).

Long Term Liabilities: ATL's short term assets (TND604.4M) exceed its long term liabilities (TND324.6M).


Debt to Equity History and Analysis

Debt Level: ATL's debt to equity ratio (400.7%) is considered high.

Reducing Debt: ATL's debt to equity ratio has increased from 391.1% to 400.7% over the past 5 years.

Debt Coverage: ATL's debt is not well covered by operating cash flow (2.7%).

Interest Coverage: ATL's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Dividend

What is Arab Tunisian Lease current dividend yield, its reliability and sustainability?

4.03%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ATL's dividend (4.08%) is higher than the bottom 25% of dividend payers in the TN market (2.92%).

High Dividend: ATL's dividend (4.08%) is low compared to the top 25% of dividend payers in the TN market (6.76%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (46.2%), ATL's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ATL's dividends in 3 years are forecast to be covered by earnings (54.5% payout ratio).


Next Steps

Management

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


CEO

Arab Tunisian Lease 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

Arab Tunisian Lease S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Arab Tunisian Lease S.A.
  • Ticker: ATL
  • Exchange: BVMT
  • Founded: 1993
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: د.ت59.475m
  • Shares outstanding: 32.50m
  • Website: https://www.atl.com.tn

Location

  • Arab Tunisian Lease S.A.
  • Ennour Building
  • North Urban Center North
  • Tunis
  • 1082
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:20
End of Day Share Price2021/10/26 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.