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AMI

Assurances Multirisques IttihadBVMT:AMI Stock Report

Market Cap

د.ت87.3m

7D

4.9%

1Y

39.9%

Updated

26 Oct, 2021

Data

Company Financials
AMI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends0/6

AMI Overview

Assurances Multirisques Ittihad engages in insurance and reinsurance businesses in Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for Assurances Multirisques Ittihad
Historical stock prices
Current Share Priceد.ت2.14
52 Week Highد.ت1.47
52 Week Lowد.ت2.27
Beta1.16
1 Month Change7.00%
3 Month Change6.47%
1 Year Change39.89%
3 Year Change-34.41%
5 Year Change-69.35%
Change since IPO-69.64%

Recent News & Updates

Shareholder Returns

AMITN InsuranceTN Market
7D4.9%0.7%-1.8%
1Y39.9%-0.8%-1.1%

Return vs Industry: AMI exceeded the TN Insurance industry which returned -0.8% over the past year.

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

Price Volatility

Is AMI's price volatile compared to industry and market?
AMI volatility
AMI Beta1.16
Industry Beta0.81
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2003279Lamjad Boukhrishttps://www.assurancesami.com

Assurances Multirisques Ittihad engages in insurance and reinsurance businesses in Tunisia. The company offers vehicle, life, health, personal accident, travel, home, hardware, and boat insurance products. It also provides insurance solutions for all site risks, construction machinery, and financial protection.

Assurances Multirisques Ittihad Fundamentals Summary

How do Assurances Multirisques Ittihad's earnings and revenue compare to its market cap?
AMI fundamental statistics
Market Capد.ت87.30m
Earnings (TTM)د.ت624.64k
Revenue (TTM)د.ت154.95m

140.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMI income statement (TTM)
Revenueد.ت154.95m
Cost of Revenueد.ت120.01m
Gross Profitد.ت34.94m
Expensesد.ت34.31m
Earningsد.ت624.64k

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.015
Gross Margin22.55%
Net Profit Margin0.40%
Debt/Equity Ratio0.0%

How did AMI perform over the long term?

See historical performance and comparison

Valuation

Is Assurances Multirisques Ittihad undervalued compared to its fair value and its price relative to the market?

140.42x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AMI (TND2.14) is trading above our estimate of fair value (TND1.78)

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


Price To Earnings Ratio

PE vs Industry: AMI is poor value based on its PE Ratio (140.4x) compared to the TN Insurance industry average (15x).

PE vs Market: AMI is poor value based on its PE Ratio (140.4x) compared to the TN market (11.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AMI has negative assets, so we can't compare its PB Ratio to the TN Insurance industry average.


Future Growth

How is Assurances Multirisques Ittihad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.0%

Forecasted Insurance 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 Assurances Multirisques Ittihad 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 Assurances Multirisques Ittihad performed over the past 5 years?

-4.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMI has high quality earnings.

Growing Profit Margin: AMI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AMI has become profitable over the past 5 years, growing earnings by -4.2% per year.

Accelerating Growth: AMI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AMI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (18.2%).


Return on Equity

High ROE: AMI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Assurances Multirisques Ittihad's financial position?


Financial Position Analysis

Short Term Liabilities: AMI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: AMI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: AMI is debt free.

Reducing Debt: AMI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

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

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


Balance Sheet


Dividend

What is Assurances Multirisques Ittihad current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if AMI'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 AMI'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?

6.8yrs

Average board tenure


CEO

Lamjad Boukhris

6.83yrs

Tenure

Mr. Lamjad Boukhris has been the Chief Executive Officer of Assurances Multirisques Ittihad since December 20, 2014. Mr. Boukhris serves as Representative Director of Société Tunisienne de Réassurance (for...


Board Members

Experienced Board: AMI's board of directors are considered experienced (6.8 years average tenure).


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

Assurances Multirisques Ittihad's employee growth, exchange listings and data sources


Key Information

  • Name: Assurances Multirisques Ittihad
  • Ticker: AMI
  • Exchange: BVMT
  • Founded: 2003
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: د.ت87.295m
  • Shares outstanding: 40.98m
  • Website: https://www.assurancesami.com

Number of Employees


Location

  • Assurances Multirisques Ittihad
  • North East Zone Berges du Lac 2
  • City of Pines
  • Tunis
  • 1053
  • 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 16:29
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.