Societe Tunisienne de Verreries engages in the manufacture and sale of hollow glass packaging products in Tunisia and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.ت7.27|
|52 Week High||د.ت6.36|
|52 Week Low||د.ت7.45|
|1 Month Change||8.02%|
|3 Month Change||13.42%|
|1 Year Change||5.67%|
|3 Year Change||8.05%|
|5 Year Change||140.77%|
|Change since IPO||1,800.73%|
Recent News & Updates
|SOTUV||TN Packaging||TN Market|
Return vs Industry: SOTUV underperformed the TN Packaging industry which returned 93.4% over the past year.
Return vs Market: SOTUV exceeded the TN Market which returned -1.2% over the past year.
Stable Share Price: SOTUV is less volatile than 75% of TN stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: SOTUV's weekly volatility (2%) has been stable over the past year.
About the Company
Societe Tunisienne de Verreries engages in the manufacture and sale of hollow glass packaging products in Tunisia and internationally. It offers bottles for soft drinks, juices and syrups, mineral waters, oils and vinegars, beers, wines and liquors, and other applications; flacons for pharmacy applications; and pots and jugs for agribusiness, cosmetics, and housewares applications. The company was founded in 1963 and is based in Zaghouan, Tunisia.
Societe Tunisienne de Verreries Fundamentals Summary
|SOTUV fundamental statistics|
Is SOTUV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SOTUV income statement (TTM)|
|Cost of Revenue||د.ت46.78m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||0.36|
|Net Profit Margin||11.57%|
How did SOTUV perform over the long term?See historical performance and comparison
4.7%Current Dividend Yield
Is Societe Tunisienne de Verreries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SOTUV (TND7.27) is trading above our estimate of fair value (TND4.09)
Significantly Below Fair Value: SOTUV is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SOTUV is poor value based on its PE Ratio (20.4x) compared to the African Packaging industry average (9.1x).
PE vs Market: SOTUV is poor value based on its PE Ratio (20.4x) compared to the TN market (11.8x).
Price to Earnings Growth Ratio
PEG Ratio: SOTUV is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: SOTUV is overvalued based on its PB Ratio (2.9x) compared to the XF Packaging industry average (1.1x).
How is Societe Tunisienne de Verreries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SOTUV's forecast earnings growth (11.6% per year) is above the savings rate (9.1%).
Earnings vs Market: SOTUV's earnings (11.6% per year) are forecast to grow slower than the TN market (12.6% per year).
High Growth Earnings: SOTUV's earnings are forecast to grow, but not significantly.
Revenue vs Market: SOTUV's revenue (14.5% per year) is forecast to grow faster than the TN market (7.6% per year).
High Growth Revenue: SOTUV's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SOTUV's Return on Equity is forecast to be low in 3 years time (17.2%).
How has Societe Tunisienne de Verreries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SOTUV has high quality earnings.
Growing Profit Margin: SOTUV's current net profit margins (11.6%) are lower than last year (11.8%).
Past Earnings Growth Analysis
Earnings Trend: SOTUV's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: SOTUV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SOTUV had negative earnings growth (-8.7%) over the past year, making it difficult to compare to the Packaging industry average (6.7%).
Return on Equity
High ROE: SOTUV's Return on Equity (9.4%) is considered low.
How is Societe Tunisienne de Verreries's financial position?
Financial Position Analysis
Short Term Liabilities: SOTUV's short term assets (TND124.8M) exceed its short term liabilities (TND56.1M).
Long Term Liabilities: SOTUV's short term assets (TND124.8M) exceed its long term liabilities (TND35.8M).
Debt to Equity History and Analysis
Debt Level: SOTUV's debt to equity ratio (53.3%) is considered high.
Reducing Debt: SOTUV's debt to equity ratio has reduced from 87.9% to 53.3% over the past 5 years.
Debt Coverage: SOTUV's debt is well covered by operating cash flow (54.3%).
Interest Coverage: SOTUV's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is Societe Tunisienne de Verreries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SOTUV's dividend (4.68%) is higher than the bottom 25% of dividend payers in the TN market (2.9%).
High Dividend: SOTUV's dividend (4.68%) is low compared to the top 25% of dividend payers in the TN market (6.78%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SOTUV has been paying a dividend for less than 10 years.
Growing Dividend: SOTUV's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (95.4%), SOTUV's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SOTUV's dividends in 3 years are forecast to be covered by earnings (69% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Mr. Hamdane Ben Othman serves as Chairman of the Board and Chief Executive Officer of Societe Tunisienne de Verreries.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Societe Tunisienne de Verreries's employee growth, exchange listings and data sources
- Name: Societe Tunisienne de Verreries
- Ticker: SOTUV
- Exchange: BVMT
- Founded: 1963
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: د.ت217.252m
- Shares outstanding: 29.88m
- Website: https://www.sotuver.com.tn
- Societe Tunisienne de Verreries
- Zone Industrielle Djebel Oust
- route de Zaghouan
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:48|
|End of Day Share Price||2021/10/25 00:00|
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.