お知らせ • Jan 04
Plaisio Computers S.A.(ATSE:PLAIS) dropped from ATHEX Composite Index Plaisio Computers S.A. has been removed from ATHEX Composite Index . Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment improved over the past week After last week's 53% share price gain to €4.58, the stock trades at a trailing P/E ratio of 12.2x. Average forward P/E is 10x in the Specialty Retail industry in Greece. Total returns to shareholders of 44% over the past three years. Price Target Changed • Nov 16
Price target decreased to €5.05 Down from €5.65, the current price target is provided by 1 analyst. New target price is 66% above last closing price of €3.05. Stock is down 28% over the past year. The company posted earnings per share of €0.38 last year. Buying Opportunity • Oct 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 18%. The fair value is estimated to be €3.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 52%. Revenue is forecast to grow by 8.9% in 2 years. Earnings is forecast to decline by 28% in the next 2 years. Reported Earnings • Sep 23
First half 2022 earnings released: EPS: €0.57 (vs €0.065 in 1H 2021) First half 2022 results: EPS: €0.57. Revenue: €192.2m (down 3.5% from 1H 2021). Net income: €1.27m (down 11% from 1H 2021). Profit margin: 0.7% (in line with 1H 2021). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Specialty Retail industry in Europe. Upcoming Dividend • Jun 14
Upcoming dividend of €0.10 per share Eligible shareholders must have bought the stock before 21 June 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Greek dividend payers (4.4%). Lower than average of industry peers (7.4%). Reported Earnings • Apr 23
Full year 2021 earnings released: EPS: €0.38 (vs €0.14 in FY 2020) Full year 2021 results: EPS: €0.38 (up from €0.14 in FY 2020). Revenue: €436.9m (up 23% from FY 2020). Net income: €8.46m (up 171% from FY 2020). Profit margin: 1.9% (up from 0.9% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 1.3%, compared to a 8.0% growth forecast for the retail industry in Greece. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Sep 23
First half 2021 earnings released: EPS €0.065 (vs €0.015 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €199.2m (up 34% from 1H 2020). Net income: €1.43m (up 332% from 1H 2020). Profit margin: 0.7% (up from 0.2% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 15% share price gain to €4.68, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 15x in the Specialty Retail industry in Europe. Total returns to shareholders of 20% over the past three years. Upcoming Dividend • Jun 15
Upcoming dividend of €0.05 per share Eligible shareholders must have bought the stock before 22 June 2021. Payment date: 29 June 2021. Trailing yield: 1.2%. Lower than top quartile of Greek dividend payers (3.9%). Lower than average of industry peers (2.2%). Reported Earnings • Apr 24
Full year 2020 earnings released: EPS €0.14 (vs €0.088 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €354.6m (up 12% from FY 2019). Net income: €3.11m (up 60% from FY 2019). Profit margin: 0.9% (up from 0.6% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 08
New 90-day high: €3.72 The company is up 3.0% from its price of €3.60 on 08 December 2020. The Greek market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is down 2.0% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: €3.40 The company is up 26% from its price of €2.70 on 26 August 2020. The Greek market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 16
New 90-day high: €3.26 The company is up 19% from its price of €2.74 on 17 July 2020. The Greek market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is down 14% over the same period. Reported Earnings • Sep 29
First half earnings released Over the last 12 months the company has reported total profits of €2.10m, down 35% from the prior year. Total revenue was €328.2m over the last 12 months, up 6.1% from the prior year. Is New 90 Day High Low • Sep 28
New 90-day high: €2.92 The company is up 3.0% from its price of €2.84 on 30 June 2020. The Greek market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is down 7.0% over the same period.