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STAR

Société Tunisienne d'Assurances et de RéassurancesBVMT:STAR Stock Report

Market Cap

د.ت288.2m

7D

1.2%

1Y

-3.0%

Updated

21 Oct, 2021

Data

Company Financials +
STAR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

STAR Overview

Société Tunisienne d'Assurances et de Réassurances provides insurance and reinsurance products.

Price History & Performance

Summary of all time highs, changes and price drops for Société Tunisienne d'Assurances et de Réassurances
Historical stock prices
Current Share Priceد.ت124.90
52 Week Highد.ت108.00
52 Week Lowد.ت135.00
Beta-0.035
1 Month Change4.08%
3 Month Change4.17%
1 Year Change-3.03%
3 Year Change-6.08%
5 Year Change2.38%
Change since IPO733.60%

Recent News & Updates

Shareholder Returns

STARTN InsuranceTN Market
7D1.2%0.2%-0.9%
1Y-3.0%-1.3%-0.4%

Return vs Industry: STAR underperformed the TN Insurance industry which returned -1.1% over the past year.

Return vs Market: STAR underperformed the TN Market which returned -0.2% over the past year.

Price Volatility

Is STAR's price volatile compared to industry and market?
STAR volatility
STAR Beta-0.035
Industry Beta0.81
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1958577Hassene Fekihttps://www.star.com.tn

Société Tunisienne d'Assurances et de Réassurances provides insurance and reinsurance products. The company was founded in 1958 and is based in Tunis, Tunisia.

Société Tunisienne d'Assurances et de Réassurances Fundamentals Summary

How do Société Tunisienne d'Assurances et de Réassurances's earnings and revenue compare to its market cap?
STAR fundamental statistics
Market Capد.ت288.23m
Earnings (TTM)د.ت18.63m
Revenue (TTM)د.ت405.80m

15.5x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
STAR income statement (TTM)
Revenueد.ت405.80m
Cost of Revenueد.ت368.56m
Gross Profitد.ت37.24m
Expensesد.ت18.62m
Earningsد.ت18.63m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)8.07
Gross Margin9.18%
Net Profit Margin4.59%
Debt/Equity Ratio0.0%

How did STAR perform over the long term?

See historical performance and comparison

Valuation

Is Société Tunisienne d'Assurances et de Réassurances undervalued compared to its fair value and its price relative to the market?

15.47x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate STAR's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate STAR's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: STAR is poor value based on its PE Ratio (15.5x) compared to the TN Insurance industry average (15x).

PE vs Market: STAR is poor value based on its PE Ratio (15.5x) compared to the TN market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: STAR is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: STAR's PB Ratio (0.8x) is in line with the TN Insurance industry average.


Future Growth

How is Société Tunisienne d'Assurances et de Réassurances forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

22.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: STAR's forecast earnings growth (22.2% per year) is above the savings rate (9.1%).

Earnings vs Market: STAR's earnings (22.2% per year) are forecast to grow faster than the TN market (12.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: STAR's revenue (10% per year) is forecast to grow faster than the TN market (7.5% per year).

High Growth Revenue: STAR's revenue (10% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Past Performance

How has Société Tunisienne d'Assurances et de Réassurances performed over the past 5 years?

-0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: STAR has a large one-off gain of TND3.5M impacting its June 30 2021 financial results.

Growing Profit Margin: STAR's current net profit margins (4.6%) are lower than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: STAR's earnings have declined by 0.7% per year over the past 5 years.

Accelerating Growth: STAR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: STAR had negative earnings growth (-2.2%) over the past year, making it difficult to compare to the Insurance industry average (18.2%).


Return on Equity

High ROE: STAR's Return on Equity (5.1%) is considered low.


Financial Health

How is Société Tunisienne d'Assurances et de Réassurances's financial position?


Financial Position Analysis

Short Term Liabilities: STAR's short term assets (TND420.3M) do not cover its short term liabilities (TND838.9M).

Long Term Liabilities: STAR's short term assets (TND420.3M) exceed its long term liabilities (TND153.2M).


Debt to Equity History and Analysis

Debt Level: STAR is debt free.

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

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

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


Balance Sheet


Dividend

What is Société Tunisienne d'Assurances et de Réassurances's current dividend yield, its reliability and sustainability?

3.59%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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

1.3yrs

Average board tenure


CEO

Hassene Feki

no data

Tenure

Mr. Hassene Feki is a Director General at Société Tunisienne d'Assurances et de Réassurances. Mr. Feki is a Representative Director at Société Tunisienne de Réassurance. Mr. Feki was the General Manager of...


Board Members

Experienced Board: STAR's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


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 d'Assurances et de Réassurances's employee growth, exchange listings and data sources


Key Information

  • Name: Société Tunisienne d'Assurances et de Réassurances
  • Ticker: STAR
  • Exchange: BVMT
  • Founded: 1958
  • Industry: Multi-line Insurance
  • Sector: Insurance
  • Market Cap: د.ت288.231m
  • Shares outstanding: 2.31m
  • Website: https://www.star.com.tn

Number of Employees


Location

  • Société Tunisienne d'Assurances et de Réassurances
  • Square Avenue de Paris
  • 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 15:01
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.