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ARTE

Automobile Réseau Tunisien et ServicesBVMT:ARTES Stock Report

Market Cap

د.ت211.9m

7D

2.3%

1Y

49.3%

Updated

17 Oct, 2021

Data

Company Financials +
ARTES fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

ARTES Overview

Automobile Réseau Tunisien et Services S.A.

Price History & Performance

Summary of all time highs, changes and price drops for Automobile Réseau Tunisien et Services
Historical stock prices
Current Share Priceد.ت6.57
52 Week Highد.ت3.80
52 Week Lowد.ت7.59
Beta0.027
1 Month Change0.92%
3 Month Change18.59%
1 Year Change49.32%
3 Year Change4.12%
5 Year Change-16.73%
Change since IPO-27.00%

Recent News & Updates

Shareholder Returns

ARTESTN Specialty RetailTN Market
7D2.3%3.0%-0.5%
1Y49.3%70.8%0.07%

Return vs Industry: ARTES underperformed the TN Specialty Retail industry which returned 70.8% over the past year.

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

Price Volatility

Is ARTES's price volatile compared to industry and market?
ARTES volatility
ARTES Beta0.027
Industry Beta0.91
Market Beta1

Stable Share Price: ARTES is more volatile than 90% of TN stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ARTES's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of TN stocks.

About the Company

FoundedEmployeesCEOWebsite
1947n/an/ahttps://www.renault.tn

Automobile Réseau Tunisien et Services S.A. engages in the sale of cars and spare parts in Tunisia. It also offers repair and maintenance services, as well as accessories. The company was formerly known as Renault Tunisie.

Automobile Réseau Tunisien et Services Fundamentals Summary

How do Automobile Réseau Tunisien et Services's earnings and revenue compare to its market cap?
ARTES fundamental statistics
Market Capد.ت211.91m
Earnings (TTM)د.ت33.24m
Revenue (TTM)د.ت212.41m

7.6x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARTES income statement (TTM)
Revenueد.ت212.41m
Cost of Revenueد.ت162.42m
Gross Profitد.ت49.99m
Expensesد.ت16.75m
Earningsد.ت33.24m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)0.87
Gross Margin23.53%
Net Profit Margin15.65%
Debt/Equity Ratio0.02%

How did ARTES perform over the long term?

See historical performance and comparison

Valuation

Is Automobile Réseau Tunisien et Services undervalued compared to its fair value and its price relative to the market?

7.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ARTES (TND6.57) is trading above our estimate of fair value (TND3.01)

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


Price To Earnings Ratio

PE vs Industry: ARTES is good value based on its PE Ratio (7.6x) compared to the African Specialty Retail industry average (9.4x).

PE vs Market: ARTES is good value based on its PE Ratio (7.6x) compared to the TN market (11.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ARTES is good value based on its PB Ratio (1.2x) compared to the XF Specialty Retail industry average (1.6x).


Future Growth

How is Automobile Réseau Tunisien et Services forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-17.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARTES's earnings are forecast to decline over the next 3 years (-17.6% per year).

Earnings vs Market: ARTES's earnings are forecast to decline over the next 3 years (-17.6% per year).

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

Revenue vs Market: ARTES's revenue is expected to decline over the next 3 years (-2.1% per year).

High Growth Revenue: ARTES's revenue is forecast to decline over the next 3 years (-2.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ARTES's Return on Equity is forecast to be low in 3 years time (11.5%).


Past Performance

How has Automobile Réseau Tunisien et Services performed over the past 5 years?

0.09%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ARTES has a high level of non-cash earnings.

Growing Profit Margin: ARTES's current net profit margins (15.6%) are higher than last year (12.3%).


Past Earnings Growth Analysis

Earnings Trend: ARTES's earnings have grown by 0.09% per year over the past 5 years.

Accelerating Growth: ARTES's earnings growth over the past year (10.7%) exceeds its 5-year average (0.09% per year).

Earnings vs Industry: ARTES earnings growth over the past year (10.7%) underperformed the Specialty Retail industry 55.4%.


Return on Equity

High ROE: ARTES's Return on Equity (16.3%) is considered low.


Financial Health

How is Automobile Réseau Tunisien et Services's financial position?


Financial Position Analysis

Short Term Liabilities: ARTES's short term assets (TND257.8M) exceed its short term liabilities (TND83.1M).

Long Term Liabilities: ARTES's short term assets (TND257.8M) exceed its long term liabilities (TND390.0K).


Debt to Equity History and Analysis

Debt Level: ARTES's debt to equity ratio (0.02%) is considered satisfactory.

Reducing Debt: ARTES's debt to equity ratio has reduced from 0.03% to 0.02% over the past 5 years.

Debt Coverage: ARTES's debt is well covered by operating cash flow (38196.1%).

Interest Coverage: ARTES earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Automobile Réseau Tunisien et Services's current dividend yield, its reliability and sustainability?

6.47%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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

Automobile Réseau Tunisien et Services 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

Automobile Réseau Tunisien et Services S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Automobile Réseau Tunisien et Services S.A.
  • Ticker: ARTES
  • Exchange: BVMT
  • Founded: 1947
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: د.ت211.905m
  • Shares outstanding: 38.25m
  • Website: https://www.renault.tn

Location

  • Automobile Réseau Tunisien et Services S.A.
  • 39, Av. Kheïreddine Pacha
  • Montplaisir
  • Tunis
  • 1073
  • 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 15:00
End of Day Share Price2021/10/14 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.