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SIMP

Société Immobilière et de participationsBVMT:SIMPAR Stock Report

Market Cap

د.ت39.1m

7D

0%

1Y

n/a

Updated

15 Sep, 2021

Data

Company Financials +
SIMPAR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

SIMPAR Overview

Société Immobilière et de Participations operates in the real estate development business in Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for Société Immobilière et de participations
Historical stock prices
Current Share Priceد.ت35.50
52 Week Highد.ت28.23
52 Week Lowد.ت38.61
Beta-0.10
1 Month Change0%
3 Month Change0%
1 Year Changen/a
3 Year Changen/a
5 Year Change2.22%
Change since IPO218.52%

Recent News & Updates

Shareholder Returns

SIMPARTN Real EstateTN Market
7D0%-1.5%-0.5%
1Yn/a33.3%0.07%

Return vs Industry: Insufficient data to determine how SIMPAR performed against the TN Real Estate industry.

Return vs Market: Insufficient data to determine how SIMPAR performed against the TN Market.

Price Volatility

Is SIMPAR's price volatile compared to industry and market?
SIMPAR volatility
SIMPAR Beta-0.10
Industry Beta0.83
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1973n/an/ahttps://www.simpar.tn

Société Immobilière et de Participations operates in the real estate development business in Tunisia. The company builds, constructs, and modernizes houses and lands, and commercial spaces and offices, as well as engages in the sale of real estate projects. It also offers flexible financing, irreproachable, and property buying services.

Société Immobilière et de participations Fundamentals Summary

How do Société Immobilière et de participations's earnings and revenue compare to its market cap?
SIMPAR fundamental statistics
Market Capد.ت39.05m
Earnings (TTM)-د.ت9.38m
Revenue (TTM)د.ت44.61m

0.9x

P/S Ratio

-4.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SIMPAR income statement (TTM)
Revenueد.ت44.61m
Cost of Revenueد.ت28.34m
Gross Profitد.ت16.28m
Expensesد.ت25.65m
Earnings-د.ت9.38m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-8.52
Gross Margin36.48%
Net Profit Margin-21.01%
Debt/Equity Ratio196.5%

How did SIMPAR perform over the long term?

See historical performance and comparison

Valuation

Is Société Immobilière et de participations undervalued compared to its fair value and its price relative to the market?

0.63x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: SIMPAR is unprofitable, so we can't compare its PE Ratio to the African Real Estate industry average.

PE vs Market: SIMPAR is unprofitable, so we can't compare its PE Ratio to the TN market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SIMPAR is good value based on its PB Ratio (0.6x) compared to the XF Real Estate industry average (1x).


Future Growth

How is Société Immobilière et de participations forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

143.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SIMPAR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (9.2%).

Earnings vs Market: SIMPAR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SIMPAR's is expected to become profitable in the next 3 years.

Revenue vs Market: SIMPAR's revenue (13% per year) is forecast to grow faster than the TN market (7.7% per year).

High Growth Revenue: SIMPAR's revenue (13% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SIMPAR's Return on Equity is forecast to be low in 3 years time (5.9%).


Past Performance

How has Société Immobilière et de participations performed over the past 5 years?

-65.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SIMPAR is currently unprofitable.

Growing Profit Margin: SIMPAR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SIMPAR is unprofitable, and losses have increased over the past 5 years at a rate of 65.6% per year.

Accelerating Growth: Unable to compare SIMPAR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SIMPAR is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-6.2%).


Return on Equity

High ROE: SIMPAR has a negative Return on Equity (-16.31%), as it is currently unprofitable.


Financial Health

How is Société Immobilière et de participations's financial position?


Financial Position Analysis

Short Term Liabilities: SIMPAR's short term assets (TND208.8M) exceed its short term liabilities (TND93.6M).

Long Term Liabilities: SIMPAR's short term assets (TND208.8M) exceed its long term liabilities (TND72.2M).


Debt to Equity History and Analysis

Debt Level: SIMPAR's debt to equity ratio (196.5%) is considered high.

Reducing Debt: SIMPAR's debt to equity ratio has increased from 139.5% to 196.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable SIMPAR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: SIMPAR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.5% per year.


Dividend

What is Société Immobilière et de participations's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

Société Immobilière et de participations 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

Société Immobilière et de participations's employee growth, exchange listings and data sources


Key Information

  • Name: Société Immobilière et de participations
  • Ticker: SIMPAR
  • Exchange: BVMT
  • Founded: 1973
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: د.ت39.050m
  • Shares outstanding: 1.10m
  • Website: https://www.simpar.tn

Location

  • Société Immobilière et de participations
  • 14 rue Masmouda
  • Mutuelleville
  • Tunis
  • 1082
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/15 21:03
End of Day Share Price2021/06/18 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.