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SCB

Les Ciments de BizerteBVMT:SCB Stock Report

Market Cap

د.ت77.1m

7D

-2.9%

1Y

23.2%

Updated

17 Oct, 2021

Data

Company Financials +
SCB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health1/6
Dividends0/6

SCB Overview

Les Ciments de Bizerte manufactures, sells, and exports cement, clinker, lime, and other products in Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for Les Ciments de Bizerte
Historical stock prices
Current Share Priceد.ت1.70
52 Week Highد.ت1.12
52 Week Lowد.ت1.92
Beta0.55
1 Month Change-2.86%
3 Month Change-2.30%
1 Year Change23.19%
3 Year Change1.80%
5 Year Change-40.14%
Change since IPO-82.40%

Recent News & Updates

Shareholder Returns

SCBTN Basic MaterialsTN Market
7D-2.9%1.0%-0.5%
1Y23.2%65.2%0.07%

Return vs Industry: SCB underperformed the TN Basic Materials industry which returned 65.2% over the past year.

Return vs Market: SCB exceeded the TN Market which returned 0.1% over the past year.

Price Volatility

Is SCB's price volatile compared to industry and market?
SCB volatility
SCB Beta0.55
Industry Beta0.51
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1950n/an/ahttps://www.lescimentsdebizerte.ind.tn

Les Ciments de Bizerte manufactures, sells, and exports cement, clinker, lime, and other products in Tunisia. Its products include Portland and artificial Portland cement, artificial hydraulic lime, and clinker Portland. The company was founded in 1950 and is based in Bizerte, Tunisia.

Les Ciments de Bizerte Fundamentals Summary

How do Les Ciments de Bizerte's earnings and revenue compare to its market cap?
SCB fundamental statistics
Market Capد.ت77.08m
Earnings (TTM)د.ت7.75m
Revenue (TTM)د.ت139.82m

9.7x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SCB income statement (TTM)
Revenueد.ت139.82m
Cost of Revenueد.ت109.99m
Gross Profitد.ت29.83m
Expensesد.ت22.08m
Earningsد.ت7.75m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.18
Gross Margin21.33%
Net Profit Margin5.54%
Debt/Equity Ratio448.7%

How did SCB perform over the long term?

See historical performance and comparison

Valuation

Is Les Ciments de Bizerte undervalued compared to its fair value and its price relative to the market?

9.67x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SCB (TND1.7) is trading above our estimate of fair value (TND0.56)

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


Price To Earnings Ratio

PE vs Industry: SCB is good value based on its PE Ratio (9.7x) compared to the African Basic Materials industry average (13.7x).

PE vs Market: SCB is good value based on its PE Ratio (9.7x) compared to the TN market (11.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SCB is overvalued based on its PB Ratio (2.4x) compared to the XF Basic Materials industry average (1.4x).


Future Growth

How is Les Ciments de Bizerte forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-16.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SCB's earnings are forecast to decline over the next 3 years (-16.5% per year).

Earnings vs Market: SCB's earnings are forecast to decline over the next 3 years (-16.5% per year).

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

Revenue vs Market: SCB's revenue (8.9% per year) is forecast to grow faster than the TN market (7.5% per year).

High Growth Revenue: SCB's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SCB's Return on Equity is forecast to be low in 3 years time (10.4%).


Past Performance

How has Les Ciments de Bizerte performed over the past 5 years?

30.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SCB has high quality earnings.

Growing Profit Margin: SCB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SCB has become profitable over the past 5 years, growing earnings by 30.7% per year.

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

Earnings vs Industry: SCB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (44.8%).


Return on Equity

High ROE: Whilst SCB's Return on Equity (24.36%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Les Ciments de Bizerte's financial position?


Financial Position Analysis

Short Term Liabilities: SCB's short term assets (TND66.2M) do not cover its short term liabilities (TND118.1M).

Long Term Liabilities: SCB's short term assets (TND66.2M) do not cover its long term liabilities (TND93.1M).


Debt to Equity History and Analysis

Debt Level: SCB's debt to equity ratio (448.7%) is considered high.

Reducing Debt: SCB's debt to equity ratio has increased from 101% to 448.7% over the past 5 years.

Debt Coverage: SCB's debt is well covered by operating cash flow (26.9%).

Interest Coverage: SCB's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


Dividend

What is Les Ciments de Bizerte current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

Les Ciments de Bizerte 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

Les Ciments de Bizerte's employee growth, exchange listings and data sources


Key Information

  • Name: Les Ciments de Bizerte
  • Ticker: SCB
  • Exchange: BVMT
  • Founded: 1950
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: د.ت77.083m
  • Shares outstanding: 44.05m
  • Website: https://www.lescimentsdebizerte.ind.tn

Location

  • Les Ciments de Bizerte
  • BP 53 - Avenue Habib Thameur
  • Bizerte
  • 7018
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 15:01
End of Day Share Price2021/10/14 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.