Financials Société Tunisienne d'Assurances et de Réassurances

Equities

STAR

TN0006060016

Multiline Insurance & Brokers

End-of-day quote Tunis 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
152 TND +1.33% Intraday chart for Société Tunisienne d'Assurances et de Réassurances -0.59% -13.98%

Valuation

Fiscal Period: December 2018 2019 2020 2023 2024 2025
Capitalization 1 313.2 316.5 283.8 350.8 350.8 -
Enterprise Value (EV) 1 295.1 310.1 231.8 344 355.8 350.8
P/E ratio 17.7 x 14.3 x 17.3 x 11 x 13.3 x 13.2 x
Yield 2.27% 2.24% 3.11% 4.53% 4.51% 4.53%
Capitalization / Revenue 0.9 x 0.93 x 0.86 x 0.72 x 0.72 x 0.7 x
EV / Revenue 0.85 x 0.91 x 0.7 x 0.7 x 0.73 x 0.7 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book - - - - - -
Nbr of stocks (in thousands) 2,308 2,308 2,308 2,308 2,308 -
Reference price 2 135.7 137.2 123.0 152.0 152.0 152.0
Announcement Date 4/10/19 4/1/20 4/15/21 - - -
1TND in Million2TND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2023 2024 2025
Net sales 1 347 340.6 330.5 488 488 499
EBITDA - - - - - -
EBIT 1 22.63 28.7 17.56 33.2 41.3 41.5
Operating Margin 6.52% 8.43% 5.31% 6.8% 8.46% 8.32%
Earnings before Tax (EBT) - - - - - -
Net income 1 17.74 22.06 16.4 23.27 26.4 26.5
Net margin 5.11% 6.48% 4.96% 6.52% 5.41% 5.31%
EPS 2 7.688 9.558 7.106 13.80 11.40 11.50
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 3.080 3.075 3.820 6.890 6.850 6.890
Announcement Date 4/10/19 4/1/20 4/15/21 4/12/24 - -
1TND in Million2TND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2023 2024 2025
Net Debt 1 - - - - 5.05 0.07
Net Cash position 1 18.1 6.4 52 6.73 - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 5.29% 6.29% 4.53% 7.78% 6.36% 6.23%
ROA (Net income/ Total Assets) - - - - - -
Assets 1 - - - - - -
Book Value Per Share - - - - - -
Cash Flow per Share - - - - - -
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/10/19 4/1/20 4/15/21 4/12/24 - -
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
OUTPERFORM
Number of Analysts
1
Last Close Price
152 TND
Average target price
169 TND
Spread / Average Target
+11.18%
Consensus

Annual profits - Rate of surprise

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