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SOTE

Société Tunisienne d'Entreprises de TélécommunicationsBVMT:SOTET Stock Report

Market Cap

د.ت16.7m

7D

0%

1Y

-29.1%

Updated

18 Oct, 2021

Data

Company Financials +
SOTET fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends1/6

SOTET Overview

Société Tunisienne d'Entreprises de Télécommunications S.A.

Price History & Performance

Summary of all time highs, changes and price drops for Société Tunisienne d'Entreprises de Télécommunications
Historical stock prices
Current Share Priceد.ت3.61
52 Week Highد.ت3.35
52 Week Lowد.ت6.07
Beta0.12
1 Month Change-3.48%
3 Month Change-6.72%
1 Year Change-29.08%
3 Year Change7.76%
5 Year Change32.72%
Change since IPO4.68%

Recent News & Updates

Shareholder Returns

SOTETTN TelecomTN Market
7D0%1.6%-0.5%
1Y-29.1%10.0%0.07%

Return vs Industry: SOTET underperformed the TN Telecom industry which returned 10% over the past year.

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

Price Volatility

Is SOTET's price volatile compared to industry and market?
SOTET volatility
SOTET Beta0.12
Industry Beta0.45
Market Beta1

Stable Share Price: SOTET is not significantly more volatile than the rest of TN stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SOTET's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1981n/an/ahttps://www.sotetel.tn

Société Tunisienne d'Entreprises de Télécommunications S.A. offers telecommunications services in Tunisia. It engages in the implementation of various types of telecommunication networks, including telecommunications network engineering networks, FTTx access network, and copper cables networks access; and deployment of telecommunication infrastructure. The company is also involved in the layout of technical rooms; integration of IP-MSAN systems; maintenance of operators’ network; and the provision of metro fiber and backbone network services.

Société Tunisienne d'Entreprises de Télécommunications Fundamentals Summary

How do Société Tunisienne d'Entreprises de Télécommunications's earnings and revenue compare to its market cap?
SOTET fundamental statistics
Market Capد.ت16.74m
Earnings (TTM)د.ت6.72m
Revenue (TTM)د.ت36.05m

2.5x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SOTET income statement (TTM)
Revenueد.ت36.05m
Cost of Revenueد.ت32.26m
Gross Profitد.ت3.79m
Expenses-د.ت2.93m
Earningsد.ت6.72m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.45
Gross Margin10.52%
Net Profit Margin18.64%
Debt/Equity Ratio35.6%

How did SOTET perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

7%

Payout Ratio

Valuation

Is Société Tunisienne d'Entreprises de Télécommunications undervalued compared to its fair value and its price relative to the market?

2.49x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SOTET (TND3.61) is trading above our estimate of fair value (TND0.29)

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


Price To Earnings Ratio

PE vs Industry: SOTET is good value based on its PE Ratio (2.5x) compared to the African Telecom industry average (8x).

PE vs Market: SOTET is good value based on its PE Ratio (2.5x) compared to the TN market (11.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SOTET's PB Ratio (0.6x) is in line with the XF Telecom industry average.


Future Growth

How is Société Tunisienne d'Entreprises de Télécommunications forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-69.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SOTET's earnings are forecast to decline over the next 3 years (-69% per year).

Earnings vs Market: SOTET's earnings are forecast to decline over the next 3 years (-69% per year).

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

Revenue vs Market: SOTET's revenue (2.7% per year) is forecast to grow slower than the TN market (7.5% per year).

High Growth Revenue: SOTET's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SOTET is forecast to be unprofitable in 3 years.


Past Performance

How has Société Tunisienne d'Entreprises de Télécommunications performed over the past 5 years?

-4.9%

Historical annual earnings growth


Earnings and Revenue History

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

Growing Profit Margin: SOTET became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SOTET has become profitable over the past 5 years, growing earnings by -4.9% per year.

Accelerating Growth: SOTET has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SOTET has become profitable in the last year, making it difficult to compare its past year earnings growth to the Telecom industry (29.6%).


Return on Equity

High ROE: SOTET's Return on Equity (25.8%) is considered high.


Financial Health

How is Société Tunisienne d'Entreprises de Télécommunications's financial position?


Financial Position Analysis

Short Term Liabilities: SOTET's short term assets (TND59.8M) exceed its short term liabilities (TND40.5M).

Long Term Liabilities: SOTET's short term assets (TND59.8M) exceed its long term liabilities (TND3.0M).


Debt to Equity History and Analysis

Debt Level: SOTET's debt to equity ratio (35.6%) is considered satisfactory.

Reducing Debt: SOTET's debt to equity ratio has reduced from 70.8% to 35.6% over the past 5 years.

Debt Coverage: SOTET's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if SOTET's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Société Tunisienne d'Entreprises de Télécommunications's current dividend yield, its reliability and sustainability?

2.77%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SOTET's dividend (2.77%) isn’t notable compared to the bottom 25% of dividend payers in the TN market (2.89%).

High Dividend: SOTET's dividend (2.77%) is low compared to the top 25% of dividend payers in the TN market (6.62%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.9%), SOTET's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SOTET is not forecast to pay a dividend in 3 years.


Next Steps

Management

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


CEO

Société Tunisienne d'Entreprises de Télécommunications 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

Société Tunisienne d'Entreprises de Télécommunications S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Société Tunisienne d'Entreprises de Télécommunications S.A.
  • Ticker: SOTET
  • Exchange: BVMT
  • Founded: 1981
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: د.ت16.739m
  • Shares outstanding: 4.64m
  • Website: https://www.sotetel.tn

Location

  • Société Tunisienne d'Entreprises de Télécommunications S.A.
  • Rue des Entrepreneurs ZI Charguia II
  • Ariana
  • Tunis
  • 1080
  • Tunisia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:01
End of Day Share Price2021/10/14 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.