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SOTU

Societe Tunisienne de VerreriesBVMT:SOTUV Stock Report

Market Cap

د.ت217.3m

7D

0.3%

1Y

5.7%

Updated

25 Oct, 2021

Data

Company Financials +
SOTUV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance2/6
Financial Health5/6
Dividends2/6

SOTUV Overview

Societe Tunisienne de Verreries engages in the manufacture and sale of hollow glass packaging products in Tunisia and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Societe Tunisienne de Verreries
Historical stock prices
Current Share Priceد.ت7.27
52 Week Highد.ت6.36
52 Week Lowد.ت7.45
Beta0.26
1 Month Change8.02%
3 Month Change13.42%
1 Year Change5.67%
3 Year Change8.05%
5 Year Change140.77%
Change since IPO1,800.73%

Recent News & Updates

Shareholder Returns

SOTUVTN PackagingTN Market
7D0.3%-2.9%-1.6%
1Y5.7%93.4%-1.2%

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.

Price Volatility

Is SOTUV's price volatile compared to industry and market?
SOTUV volatility
SOTUV Beta0.26
Industry Beta1.18
Market Beta1

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

FoundedEmployeesCEOWebsite
1963n/aHamdane Othmanhttps://www.sotuver.com.tn

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

How do Societe Tunisienne de Verreries's earnings and revenue compare to its market cap?
SOTUV fundamental statistics
Market Capد.ت217.25m
Earnings (TTM)د.ت10.65m
Revenue (TTM)د.ت92.03m

20.4x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOTUV income statement (TTM)
Revenueد.ت92.03m
Cost of Revenueد.ت46.78m
Gross Profitد.ت45.24m
Expensesد.ت34.59m
Earningsد.ت10.65m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.36
Gross Margin49.16%
Net Profit Margin11.57%
Debt/Equity Ratio53.3%

How did SOTUV perform over the long term?

See historical performance and comparison

Dividends

4.7%

Current Dividend Yield

95%

Payout Ratio

Valuation

Is Societe Tunisienne de Verreries undervalued compared to its fair value and its price relative to the market?

20.4x

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).


Future Growth

How is Societe Tunisienne de Verreries forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

11.6%

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%).


Past Performance

How has Societe Tunisienne de Verreries performed over the past 5 years?

12.8%

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.


Financial Health

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).


Balance Sheet


Dividend

What is Societe Tunisienne de Verreries's current dividend yield, its reliability and sustainability?

4.68%

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).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Hamdane Othman

no data

Tenure

Mr. Hamdane Ben Othman serves as Chairman of the Board and Chief Executive Officer of Societe Tunisienne de Verreries.


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 Tunisienne de Verreries's employee growth, exchange listings and data sources


Key Information

  • 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

Location

  • Societe Tunisienne de Verreries
  • Zone Industrielle Djebel Oust
  • route de Zaghouan
  • Zaghouan
  • 1111
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:48
End of Day Share Price2021/10/25 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.