company background image
CITY

City CarsBVMT:CITY Stock Report

Market Cap

د.ت201.3m

7D

-0.2%

1Y

53.6%

Updated

19 Oct, 2021

Data

Company Financials +
CITY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance5/6
Financial Health5/6
Dividends3/6

CITY Overview

City Cars distributes transport vehicles and spare parts of Kia brand in Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for City Cars
Historical stock prices
Current Share Priceد.ت11.20
52 Week Highد.ت7.20
52 Week Lowد.ت11.60
Beta0.047
1 Month Change0%
3 Month Change0%
1 Year Change53.64%
3 Year Change34.54%
5 Year Change-2.90%
Change since IPO36.38%

Recent News & Updates

Shareholder Returns

CITYTN Specialty RetailTN Market
7D-0.2%1.9%-0.3%
1Y53.6%69.1%0.3%

Return vs Industry: CITY underperformed the TN Specialty Retail industry which returned 67.2% over the past year.

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

Price Volatility

Is CITY's price volatile compared to industry and market?
CITY volatility
CITY Beta0.047
Industry Beta0.91
Market Beta1

Stable Share Price: CITY is not significantly more volatile than the rest of TN stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CITY's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2007n/an/ahttps://www.kia.tn

City Cars distributes transport vehicles and spare parts of Kia brand in Tunisia. It also provides after sales services. The company was founded in 2007 and is based in Le Kram, Tunisia.

City Cars Fundamentals Summary

How do City Cars's earnings and revenue compare to its market cap?
CITY fundamental statistics
Market Capد.ت201.30m
Earnings (TTM)د.ت21.00m
Revenue (TTM)د.ت236.56m

9.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CITY income statement (TTM)
Revenueد.ت236.56m
Cost of Revenueد.ت195.73m
Gross Profitد.ت40.83m
Expensesد.ت19.83m
Earningsد.ت21.00m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)1.17
Gross Margin17.26%
Net Profit Margin8.88%
Debt/Equity Ratio15.2%

How did CITY perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

n/a

Payout Ratio

Valuation

Is City Cars undervalued compared to its fair value and its price relative to the market?

9.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CITY (TND11.2) is trading above our estimate of fair value (TND4.45)

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


Price To Earnings Ratio

PE vs Industry: CITY is poor value based on its PE Ratio (9.6x) compared to the African Specialty Retail industry average (9.3x).

PE vs Market: CITY is good value based on its PE Ratio (9.6x) compared to the TN market (11.9x).


Price to Earnings Growth Ratio

PEG Ratio: CITY is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: CITY is overvalued based on its PB Ratio (3.5x) compared to the XF Specialty Retail industry average (1.6x).


Future Growth

How is City Cars forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

5.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CITY's forecast earnings growth (5.8% per year) is below the savings rate (9.1%).

Earnings vs Market: CITY's earnings (5.8% per year) are forecast to grow slower than the TN market (12.7% per year).

High Growth Earnings: CITY's earnings are forecast to grow, but not significantly.

Revenue vs Market: CITY's revenue (8% per year) is forecast to grow faster than the TN market (7.5% per year).

High Growth Revenue: CITY's revenue (8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CITY's Return on Equity is forecast to be high in 3 years time (31.6%)


Past Performance

How has City Cars performed over the past 5 years?

3.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CITY has high quality earnings.

Growing Profit Margin: CITY's current net profit margins (8.9%) are higher than last year (7.1%).


Past Earnings Growth Analysis

Earnings Trend: CITY's earnings have grown by 3.7% per year over the past 5 years.

Accelerating Growth: CITY's earnings growth over the past year (38.5%) exceeds its 5-year average (3.7% per year).

Earnings vs Industry: CITY earnings growth over the past year (38.5%) underperformed the Specialty Retail industry 55.4%.


Return on Equity

High ROE: CITY's Return on Equity (36.2%) is considered high.


Financial Health

How is City Cars's financial position?


Financial Position Analysis

Short Term Liabilities: CITY's short term assets (TND122.2M) exceed its short term liabilities (TND89.2M).

Long Term Liabilities: CITY's short term assets (TND122.2M) exceed its long term liabilities (TND5.3M).


Debt to Equity History and Analysis

Debt Level: CITY's debt to equity ratio (15.2%) is considered satisfactory.

Reducing Debt: CITY's debt to equity ratio has increased from 6.7% to 15.2% over the past 5 years.

Debt Coverage: CITY's debt is well covered by operating cash flow (415.1%).

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


Balance Sheet


Dividend

What is City Cars's current dividend yield, its reliability and sustainability?

7.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CITY's dividend (7.41%) is higher than the bottom 25% of dividend payers in the TN market (2.89%).

High Dividend: CITY's dividend (7.41%) is in the top 25% of dividend payers in the TN market (6.62%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether CITY's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if CITY's dividend payments are increasing as they only just started paying a dividend.


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: CITY's dividends in 3 years are forecast to be covered by earnings (62.6% payout ratio).


Next Steps

Management

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


CEO

City Cars 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

City Cars's employee growth, exchange listings and data sources


Key Information

  • Name: City Cars
  • Ticker: CITY
  • Exchange: BVMT
  • Founded: 2007
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: د.ت201.298m
  • Shares outstanding: 17.97m
  • Website: https://www.kia.tn

Location

  • City Cars
  • 31 Rue des Usines ZI
  • Le Kram
  • 1001
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 21:47
End of Day Share Price2021/10/19 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.