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TLNE

Telnet HoldingBVMT:TLNET Stock Report

Market Cap

د.ت105.4m

7D

-1.8%

1Y

1.1%

Updated

22 Oct, 2021

Data

Company Financials +
TLNET fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends3/6

TLNET Overview

Telnet Holding SA operates as an engineering and consulting company primarily in Tunisia.

Price History & Performance

Summary of all time highs, changes and price drops for Telnet Holding
Historical stock prices
Current Share Priceد.ت8.54
52 Week Highد.ت7.91
52 Week Lowد.ت9.15
Beta0.43
1 Month Change0.47%
3 Month Change-1.39%
1 Year Change1.07%
3 Year Change7.98%
5 Year Change215.24%
Change since IPO47.47%

Recent News & Updates

Shareholder Returns

TLNETTN ITTN Market
7D-1.8%-1.3%-0.9%
1Y1.1%-17.0%-0.4%

Return vs Industry: TLNET exceeded the TN IT industry which returned -17% over the past year.

Return vs Market: TLNET exceeded the TN Market which returned -0.4% over the past year.

Price Volatility

Is TLNET's price volatile compared to industry and market?
TLNET volatility
TLNET Beta0.43
Industry Beta0.55
Market Beta1

Stable Share Price: TLNET is less volatile than 75% of TN stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: TLNET's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/aMohamed Frikhahttps://www.groupe-telnet.com

Telnet Holding SA operates as an engineering and consulting company primarily in Tunisia. The company offers software development services for information technology (IT), and real-time, as well as scientific and technical computing, and embedded systems; and unit tests for various applications. It is also involved in the supply, deployment, integration, and support of solutions in the field of operator and enterprise networks for business operators, activity companies, services, and reference projects.

Telnet Holding Fundamentals Summary

How do Telnet Holding's earnings and revenue compare to its market cap?
TLNET fundamental statistics
Market Capد.ت105.42m
Earnings (TTM)د.ت7.43m
Revenue (TTM)د.ت44.25m

13.9x

P/E Ratio

2.3x

P/S Ratio


Dividends

2.9%

Current Dividend Yield

41%

Payout Ratio

Valuation

Is Telnet Holding undervalued compared to its fair value and its price relative to the market?

13.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TLNET (TND8.54) is trading above our estimate of fair value (TND5.03)

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


Price To Earnings Ratio

PE vs Industry: TLNET is good value based on its PE Ratio (13.9x) compared to the African IT industry average (17.8x).

PE vs Market: TLNET is poor value based on its PE Ratio (13.9x) compared to the TN market (11.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TLNET is overvalued based on its PB Ratio (3.2x) compared to the XF IT industry average (1.9x).


Future Growth

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

8.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TLNET's forecast earnings growth (8.8% per year) is below the savings rate (9.1%).

Earnings vs Market: TLNET's earnings (8.8% per year) are forecast to grow slower than the TN market (12.7% per year).

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

Revenue vs Market: TLNET's revenue (6% per year) is forecast to grow slower than the TN market (7.5% per year).

High Growth Revenue: TLNET's revenue (6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TLNET's Return on Equity is forecast to be high in 3 years time (21.3%)


Past Performance

How has Telnet Holding performed over the past 5 years?

16.2%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: TLNET's current net profit margins (16.8%) are higher than last year (13.2%).


Past Earnings Growth Analysis

Earnings Trend: TLNET has become profitable over the past 5 years, growing earnings by 16.2% per year.

Accelerating Growth: TLNET's earnings growth over the past year (37.5%) exceeds its 5-year average (16.2% per year).

Earnings vs Industry: TLNET earnings growth over the past year (37.5%) exceeded the IT industry 8.8%.


Return on Equity

High ROE: TLNET's Return on Equity (23.1%) is considered high.


Financial Health

How is Telnet Holding's financial position?


Financial Position Analysis

Short Term Liabilities: TLNET's short term assets (TND42.0M) exceed its short term liabilities (TND23.0M).

Long Term Liabilities: TLNET's short term assets (TND42.0M) exceed its long term liabilities (TND3.8M).


Debt to Equity History and Analysis

Debt Level: TLNET's debt to equity ratio (3%) is considered satisfactory.

Reducing Debt: TLNET's debt to equity ratio has reduced from 12.5% to 3% over the past 5 years.

Debt Coverage: TLNET's debt is well covered by operating cash flow (401%).

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


Balance Sheet


Dividend

What is Telnet Holding current dividend yield, its reliability and sustainability?

2.93%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TLNET's dividend (2.93%) is higher than the bottom 25% of dividend payers in the TN market (2.9%).

High Dividend: TLNET's dividend (2.93%) is low compared to the top 25% of dividend payers in the TN market (6.7%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.8%), TLNET's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: TLNET's dividends in 3 years are forecast to be well covered by earnings (50% payout ratio).


Next Steps

Management

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


CEO

Mohamed Frikha

no data

Tenure

Mr. Mohamed Frikha serves as the Chief Executive Officer at Syphax Airlines. Mr. Frikha founded Telnet Holding and served as its Chief Executive Officer and Director General until September 2014. He served...


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

Telnet Holding SA's employee growth, exchange listings and data sources


Key Information

  • Name: Telnet Holding SA
  • Ticker: TLNET
  • Exchange: BVMT
  • Founded: 1994
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: د.ت105.417m
  • Shares outstanding: 12.13m
  • Website: https://www.groupe-telnet.com

Location

  • Telnet Holding SA
  • Immeuble ENNOUR Centre Urbain Nord
  • Tunis Mahrajene
  • 1082
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:47
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
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.