Financials Société Tunisienne d'Entreprises de Télécommunications S.A.

Equities

SOTET

TN0006530018

Communications & Networking

End-of-day quote Tunis 03:30:00 24/06/2024 am IST 5-day change 1st Jan Change
5.25 TND +0.57% Intraday chart for Société Tunisienne d'Entreprises de Télécommunications S.A. 0.00% +45.83%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2024 2025 2026
Capitalization 1 23.88 22.63 13.08 13.63 24.58 - -
Enterprise Value (EV) 1 23.82 13.62 10.54 9.756 23.67 23.8 24.58
P/E ratio -7.69 x - -51.3 x 11.4 x 10 x 9.81 x 9.46 x
Yield - 2.05% - - 1.89% 1.89% 1.89%
Capitalization / Revenue 0.53 x 0.69 x 0.33 x 0.27 x 0.37 x 0.36 x 0.35 x
EV / Revenue 0.53 x 0.42 x 0.27 x 0.19 x 0.35 x 0.35 x 0.35 x
EV / EBITDA 12.2 x -6.78 x 3.24 x 1.56 x 3.44 x 3.36 x -
EV / FCF 3.21 x -11.1 x -1.01 x 3.05 x 11.8 x 72.1 x -
FCF Yield 31.2% -8.97% -99.3% 32.8% 8.49% 1.39% -
Price to Book - - - - - - -
Nbr of stocks (in thousands) 4,637 4,637 4,637 4,637 4,637 - -
Reference price 2 5.150 4.880 2.820 2.940 5.300 5.300 5.300
Announcement Date 20/07/20 22/06/21 10/06/22 20/06/23 - - -
1TND in Million2TND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 45.33 32.71 39.07 50.03 - 66.7 68.7 70.7
EBITDA 1 1.949 -2.008 3.253 6.235 - 6.87 7.08 -
EBIT 1 -1.312 -6.685 0.1943 2.364 - 3.47 3.59 -
Operating Margin -2.89% -20.44% 0.5% 4.73% - 5.2% 5.23% -
Earnings before Tax (EBT) - - - - 4.241 - - -
Net income 1 -3.119 3.882 -0.2548 1.196 3.879 2.45 2.52 2.59
Net margin -6.88% 11.87% -0.65% 2.39% - 3.67% 3.67% 3.66%
EPS 2 -0.6700 - -0.0550 0.2580 - 0.5300 0.5400 0.5600
Free Cash Flow 1 7.431 -1.222 -10.47 3.2 - 2.01 0.33 -
FCF margin 16.39% -3.74% -26.8% 6.4% - 3.01% 0.48% -
FCF Conversion (EBITDA) 381.2% - - 51.32% - 29.26% 4.66% -
FCF Conversion (Net income) - - - 267.5% - 82.04% 13.1% -
Dividend per Share 2 - 0.1000 - - - 0.1000 0.1000 0.1000
Announcement Date 20/07/20 22/06/21 10/06/22 20/06/23 10/05/24 - - -
1TND in Million2TND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 0.06 9.01 2.53 3.88 - 0.91 0.78 -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 7.43 -1.22 -10.5 3.2 - 2.01 0.33 -
ROE (net income / shareholders' equity) -12.6% 15.6% -5.21% 4.47% - 7.82% 7.78% 7.52%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 0.49 0.72 0.13 0.91 - 1.67 1.72 -
Capex / Sales 1.08% 2.2% 0.33% 1.83% - 2.5% 2.5% -
Announcement Date 20/07/20 22/06/21 10/06/22 20/06/23 10/05/24 - - -
1TND in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
1
Last Close Price
5.3 TND
Average target price
5.87 TND
Spread / Average Target
+10.75%
Consensus

Annual profits - Rate of surprise

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