SPDIT stock trades below Tunisia market earnings multiple

SPDIT is trading as a Tunisian investment-management company with a mixed investment case. A Simply Wall St analysis dated May 25, 2026, puts the shares at 12 times earnings, below the reported Tunisian market multiple of 13.3 times.

Valuation and shareholder returns

The analysis gives SPDIT a 7.57 percent dividend yield and warns that the dividend is not well covered by earnings. That leaves income investors balancing the cash return against the sustainability of distributions.

Trailing-twelve-month revenue stood at 35.30 million Tunisian dinars and earnings at 30.77 million dinars in the cited profile. The same analysis reported a 100 percent gross margin and an 87.17 percent net profit margin, reflecting the structure of an investment manager rather than an industrial operating company.

Performance against the market

SPDIT had gained 8.28 percent over one year and 78.03 percent over three years in the cited performance review. Over seven days, however, the shares returned minus 3.9 percent, compared with a 1.5 percent gain for the Tunisian capital-markets industry and a 1.6 percent decline for the broader Tunisian market.

The profile also described relatively stable volatility, with average weekly movement of about 3.8 percent. The 52-week trading range extended from 11.67 to 15.00 Tunisian dinars.

Business model and competition

SPDIT is a publicly owned investment manager domiciled in Tunis, Tunisia. Its business is centered on holding and managing investments rather than producing consumer or industrial goods. The profile lists Arab Tunisian Lease, Compagnie Internationale de Leasing and Tunisie Leasing & Factoring among its competitors, placing SPDIT within Tunisia's listed financial-services segment. Those peers are larger or smaller by market capitalization, but compete in adjacent investment and leasing markets rather than through an identical operating model.