Société Immobilière et de Participations operates in the real estate development business in Tunisia.
Price History & Performance
|Historical stock prices|
|Current Share Price||د.ت35.50|
|52 Week High||د.ت28.23|
|52 Week Low||د.ت38.61|
|1 Month Change||0%|
|3 Month Change||0%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||2.22%|
|Change since IPO||218.52%|
Recent News & Updates
|SIMPAR||TN Real Estate||TN Market|
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.
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
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
|SIMPAR fundamental statistics|
Is SIMPAR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SIMPAR income statement (TTM)|
|Cost of Revenue||د.ت28.34m|
Last Reported Earnings
Dec 31, 2020
Next Earnings Date
|Earnings per share (EPS)||-8.52|
|Net Profit Margin||-21.01%|
How did SIMPAR perform over the long term?See historical performance and comparison
Is Société Immobilière et de participations undervalued compared to its fair value and its price relative to the market?
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).
How is Société Immobilière et de participations 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: 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%).
How has Société Immobilière et de participations performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Société Immobilière et de participations has no CEO, or we have no data on them.
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.
Société Immobilière et de participations's employee growth, exchange listings and data sources
- 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
- Société Immobilière et de participations
- 14 rue Masmouda
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/15 21:03|
|End of Day Share Price||2021/06/18 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.