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MAG

Societe Magasin GeneralBVMT:MAG Stock Report

Market Cap

د.ت137.9m

7D

-2.8%

1Y

-25.9%

Updated

19 Oct, 2021

Data

Company Financials +
MAG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

MAG Overview

Societe Magasin General S.A. operates in retail, wholesale, and real estate activities in Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for Societe Magasin General
Historical stock prices
Current Share Priceد.ت16.52
52 Week Highد.ت16.21
52 Week Lowد.ت22.74
Beta-0.11
1 Month Change-5.60%
3 Month Change-10.70%
1 Year Change-25.89%
3 Year Change-57.64%
5 Year Change-34.70%
Change since IPO272.38%

Recent News & Updates

Shareholder Returns

MAGTN Multiline RetailTN Market
7D-2.8%4.2%-0.5%
1Y-25.9%14.7%-0.07%

Return vs Industry: MAG underperformed the TN Multiline Retail industry which returned 14.7% over the past year.

Return vs Market: MAG underperformed the TN Market which returned -0.1% over the past year.

Price Volatility

Is MAG's price volatile compared to industry and market?
MAG volatility
MAG Beta-0.11
Industry Beta0.89
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
1920n/an/a

Societe Magasin General S.A. operates in retail, wholesale, and real estate activities in Tunisia. The company was formerly known as Ste Magasin General SA. Societe Magasin General S.A. is based in Tunis, Tunisia.

Societe Magasin General Fundamentals Summary

How do Societe Magasin General's earnings and revenue compare to its market cap?
MAG fundamental statistics
Market Capد.ت137.94m
Earnings (TTM)-د.ت37.03m
Revenue (TTM)د.ت979.33m

0.1x

P/S Ratio

-3.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MAG income statement (TTM)
Revenueد.ت979.33m
Cost of Revenueد.ت825.88m
Gross Profitد.ت153.44m
Expensesد.ت190.48m
Earnings-د.ت37.03m

Last Reported Earnings

Dec 31, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-4.44
Gross Margin15.67%
Net Profit Margin-3.78%
Debt/Equity Ratio-780.7%

How did MAG perform over the long term?

See historical performance and comparison

Valuation

Is Societe Magasin General undervalued compared to its fair value and its price relative to the market?

43.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: MAG (TND16.52) is trading below our estimate of fair value (TND29.41)

Significantly Below Fair Value: MAG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MAG is unprofitable, so we can't compare its PE Ratio to the Global Multiline Retail industry average.

PE vs Market: MAG 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 MAG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MAG has negative assets, so we can't compare its PB Ratio to the XX Multiline Retail industry average.


Future Growth

How is Societe Magasin General forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

24.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MAG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: MAG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: MAG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: MAG's revenue (2.3% per year) is forecast to grow slower than the TN market (7.5% per year).

High Growth Revenue: MAG's revenue (2.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if MAG's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Societe Magasin General performed over the past 5 years?

-50.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MAG is currently unprofitable.

Growing Profit Margin: MAG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MAG is unprofitable, and losses have increased over the past 5 years at a rate of 50.4% per year.

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

Earnings vs Industry: MAG is unprofitable, making it difficult to compare its past year earnings growth to the Multiline Retail industry (18.5%).


Return on Equity

High ROE: MAG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Societe Magasin General's financial position?


Financial Position Analysis

Short Term Liabilities: MAG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: MAG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: MAG has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: MAG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: Insufficient data to determine if MAG has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if MAG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Societe Magasin General current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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

Societe Magasin General 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

Societe Magasin General S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Societe Magasin General S.A.
  • Ticker: MAG
  • Exchange: BVMT
  • Founded: 1920
  • Industry: General Merchandise Stores
  • Sector: Retail
  • Market Cap: د.ت137.942m
  • Shares outstanding: 8.35m

Location

  • Societe Magasin General S.A.
  • Building 28
  • Mustapha Kamel Ataturk Street
  • Tunis
  • 1023
  • 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 15:01
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.