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BL

Best LeaseBVMT:BL Stock Report

Market Cap

د.ت57.4m

7D

0.5%

1Y

n/a

Updated

21 Oct, 2021

Data

Company Financials +
BL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health2/6
Dividends1/6

BL Overview

Best Lease SA provides finance leasing services in Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for Best Lease
Historical stock prices
Current Share Priceد.ت1.92
52 Week Highد.ت1.72
52 Week Lowد.ت2.15
Beta0.013
1 Month Change0.52%
3 Month Changen/a
1 Year Changen/a
3 Year Change6.67%
5 Year Change9.71%
Change since IPO-8.57%

Recent News & Updates

Shareholder Returns

BLTN Diversified FinancialTN Market
7D0.5%0.07%-0.9%
1Yn/a4.7%-0.4%

Return vs Industry: Insufficient data to determine how BL performed against the TN Diversified Financial industry.

Return vs Market: Insufficient data to determine how BL performed against the TN Market.

Price Volatility

Is BL's price volatile compared to industry and market?
BL volatility
BL Beta0.013
Industry Beta0.67
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1999n/an/ahttps://www.bestlease.com.tn

Best Lease SA provides finance leasing services in Tunisia. The company offers financing for the purchase of passenger and light commercial vehicles; medical equipment, such as radiology equipment, scanners, MRIs, ultrasound equipment, and dental chairs; and machines, including loaders, excavators, graders, bulldozers, and compactors. It also finances the purchase or construction of premises, which include commercial premises, offices, cabinets, workshops, depots, and factories.

Best Lease Fundamentals Summary

How do Best Lease's earnings and revenue compare to its market cap?
BL fundamental statistics
Market Capد.ت57.44m
Earnings (TTM)د.ت12.28m
Revenue (TTM)د.ت19.80m

4.7x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BL income statement (TTM)
Revenueد.ت19.80m
Cost of Revenueد.ت0
Gross Profitد.ت19.80m
Expensesد.ت7.52m
Earningsد.ت12.28m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin100.00%
Net Profit Margin62.03%
Debt/Equity Ratio241.3%

How did BL perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

n/a

Payout Ratio

Valuation

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

4.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BL (TND1.92) is trading above our estimate of fair value (TND0.77)

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


Price To Earnings Ratio

PE vs Industry: BL is good value based on its PE Ratio (4.7x) compared to the African Diversified Financial industry average (10.6x).

PE vs Market: BL is good value based on its PE Ratio (4.7x) compared to the TN market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: BL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

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


Future Growth

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

-57.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BL's earnings are forecast to decline over the next 3 years (-57.5% per year).

Earnings vs Market: BL's earnings are forecast to decline over the next 3 years (-57.5% per year).

High Growth Earnings: BL's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BL's revenue is expected to decline over the next 3 years (-14.1% per year).

High Growth Revenue: BL's revenue is forecast to decline over the next 3 years (-14.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BL's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Best Lease performed over the past 5 years?

4.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BL has high quality earnings.

Growing Profit Margin: BL's current net profit margins (62%) are higher than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: BL's earnings have grown by 4.5% per year over the past 5 years.

Accelerating Growth: BL's earnings growth over the past year (822.9%) exceeds its 5-year average (4.5% per year).

Earnings vs Industry: BL earnings growth over the past year (822.9%) exceeded the Diversified Financial industry 32.9%.


Return on Equity

High ROE: BL's Return on Equity (13.4%) is considered low.


Financial Health

How is Best Lease's financial position?


Financial Position Analysis

Short Term Liabilities: BL's short term assets (TND354.0M) exceed its short term liabilities (TND102.1M).

Long Term Liabilities: BL's short term assets (TND354.0M) exceed its long term liabilities (TND190.3M).


Debt to Equity History and Analysis

Debt Level: BL's debt to equity ratio (241.3%) is considered high.

Reducing Debt: BL's debt to equity ratio has increased from 145.9% to 241.3% over the past 5 years.

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

Interest Coverage: Insufficient data to determine if BL's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

5.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BL's dividend (5.73%) is higher than the bottom 25% of dividend payers in the TN market (2.92%).

High Dividend: BL's dividend (5.73%) is low compared to the top 25% of dividend payers in the TN market (6.69%).


Stability and Growth of Payments

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

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


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: 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?


CEO

Best 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

Best Lease SA's employee growth, exchange listings and data sources


Key Information

  • Name: Best Lease SA
  • Ticker: BL
  • Exchange: BVMT
  • Founded: 1999
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: د.ت57.435m
  • Shares outstanding: 29.91m
  • Website: https://www.bestlease.com.tn

Location

  • Best Lease SA
  • 54, Charles Avenue Nicolles
  • Mutuelleville
  • Tunis
  • 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 21:04
End of Day Share Price2021/10/21 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.