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SPDI

Societe de Placement et de Developpement Industriel et TouristiqueBVMT:SPDIT Stock Report

Market Cap

د.ت229.6m

7D

0%

1Y

-3.0%

Updated

19 Oct, 2021

Data

Company Financials +
SPDIT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends0/6

SPDIT Overview

Societe de Placement et de Developpement Industriel et Touristique is a publicly owned investment manager.

Price History & Performance

Summary of all time highs, changes and price drops for Societe de Placement et de Developpement Industriel et Touristique
Historical stock prices
Current Share Priceد.ت8.20
52 Week Highد.ت7.28
52 Week Lowد.ت8.78
Beta-0.26
1 Month Change0.61%
3 Month Change2.37%
1 Year Change-2.96%
3 Year Change-17.17%
5 Year Change-21.15%
Change since IPO23.44%

Recent News & Updates

Shareholder Returns

SPDITTN Capital MarketsTN Market
7D0%3.3%-0.3%
1Y-3.0%43.8%0.3%

Return vs Industry: SPDIT underperformed the TN Capital Markets industry which returned 45.2% over the past year.

Return vs Market: SPDIT underperformed the TN Market which returned -0.1% over the past year.

Price Volatility

Is SPDIT's price volatile compared to industry and market?
SPDIT volatility
SPDIT Beta-0.26
Industry Beta0.87
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
n/an/aMohamed Bousbia

Societe de Placement et de Developpement Industriel et Touristique is a publicly owned investment manager. Societe de Placement et de Developpement Industriel et Touristique is domiciled in Tunis, Tunisia.

Societe de Placement et de Developpement Industriel et Touristique Fundamentals Summary

How do Societe de Placement et de Developpement Industriel et Touristique's earnings and revenue compare to its market cap?
SPDIT fundamental statistics
Market Capد.ت229.60m
Earnings (TTM)د.ت18.49m
Revenue (TTM)د.ت20.70m

12.4x

P/E Ratio

11.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SPDIT income statement (TTM)
Revenueد.ت20.70m
Cost of Revenueد.ت0
Gross Profitد.ت20.70m
Expensesد.ت2.22m
Earningsد.ت18.49m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.66
Gross Margin100.00%
Net Profit Margin89.30%
Debt/Equity Ratio0.0%

How did SPDIT perform over the long term?

See historical performance and comparison

Valuation

Is Societe de Placement et de Developpement Industriel et Touristique undervalued compared to its fair value and its price relative to the market?

12.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SPDIT (TND8.2) is trading above our estimate of fair value (TND6.21)

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


Price To Earnings Ratio

PE vs Industry: SPDIT is poor value based on its PE Ratio (12.4x) compared to the African Capital Markets industry average (11x).

PE vs Market: SPDIT is poor value based on its PE Ratio (12.4x) compared to the TN market (11.9x).


Price to Earnings Growth Ratio

PEG Ratio: SPDIT is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: SPDIT is overvalued based on its PB Ratio (3.2x) compared to the XF Capital Markets industry average (1x).


Future Growth

How is Societe de Placement et de Developpement Industriel et Touristique forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

9.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SPDIT's forecast earnings growth (9.4% per year) is above the savings rate (9.1%).

Earnings vs Market: SPDIT's earnings (9.4% per year) are forecast to grow slower than the TN market (12.7% per year).

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

Revenue vs Market: SPDIT's revenue (5.3% per year) is forecast to grow slower than the TN market (7.5% per year).

High Growth Revenue: SPDIT's revenue (5.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SPDIT's Return on Equity is forecast to be high in 3 years time (28%)


Past Performance

How has Societe de Placement et de Developpement Industriel et Touristique performed over the past 5 years?

2.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SPDIT has high quality earnings.

Growing Profit Margin: SPDIT's current net profit margins (89.3%) are higher than last year (83%).


Past Earnings Growth Analysis

Earnings Trend: SPDIT's earnings have grown by 2.2% per year over the past 5 years.

Accelerating Growth: SPDIT's earnings growth over the past year (10.8%) exceeds its 5-year average (2.2% per year).

Earnings vs Industry: SPDIT earnings growth over the past year (10.8%) underperformed the Capital Markets industry 34.1%.


Return on Equity

High ROE: SPDIT's Return on Equity (25.9%) is considered high.


Financial Health

How is Societe de Placement et de Developpement Industriel et Touristique's financial position?


Financial Position Analysis

Short Term Liabilities: SPDIT's short term assets (TND58.6M) exceed its short term liabilities (TND1.2M).

Long Term Liabilities: SPDIT has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SPDIT is debt free.

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

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

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


Balance Sheet


Dividend

What is Societe de Placement et de Developpement Industriel et Touristique current dividend yield, its reliability and sustainability?

7.32%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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

Mohamed Bousbia

no data

Tenure

Mr. Mohamed Bousbia is Chief Executive Officer of Societe de Placement et de Developpement Industriel et Touristique.


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

Societe de Placement et de Developpement Industriel et Touristique's employee growth, exchange listings and data sources


Key Information

  • Name: Societe de Placement et de Developpement Industriel et Touristique
  • Ticker: SPDIT
  • Exchange: BVMT
  • Founded: NaN
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: د.ت229.600m
  • Shares outstanding: 28.00m

Location

  • Societe de Placement et de Developpement Industriel et Touristique
  • Boulevard de la Terre
  • Centre Urbain Nord La Charguia
  • Tunis
  • 1080
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 23:46
End of Day Share Price2021/10/19 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.