View ValuationAvax 향후 성장Future 기준 점검 0/6Avax (는) 각각 연간 2.9% 및 0.3% 수익과 수익이 증가할 것으로 예상됩니다.핵심 정보2.9%이익 성장률n/aEPS 성장률Construction 이익 성장10.9%매출 성장률0.3%향후 자기자본이익률16.40%애널리스트 커버리지Low마지막 업데이트06 May 2026최근 향후 성장 업데이트Price Target Changed • May 11Price target increased by 41% to €4.50Up from €3.20, the current price target is provided by 1 analyst. New target price is 27% above last closing price of €3.53. Stock is up 73% over the past year. The company posted earnings per share of €0.32 last year.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • May 19Now 21% undervaluedOver the last 90 days, the stock has risen 2.4% to €3.42. The fair value is estimated to be €4.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 0.3% per annum. Earnings are also forecast to grow by 2.9% per annum over the same time period.Price Target Changed • May 11Price target increased by 41% to €4.50Up from €3.20, the current price target is provided by 1 analyst. New target price is 27% above last closing price of €3.53. Stock is up 73% over the past year. The company posted earnings per share of €0.32 last year.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €3.50, the stock trades at a trailing P/E ratio of 10.9x. Average forward P/E is 13x in the Construction industry in Greece. Total returns to shareholders of 299% over the past three years.Reported Earnings • Apr 20Full year 2025 earnings released: EPS: €0.32 (vs €0.14 in FY 2024)Full year 2025 results: EPS: €0.32 (up from €0.14 in FY 2024). Revenue: €958.2m (up 47% from FY 2024). Net income: €47.5m (up 123% from FY 2024). Profit margin: 5.0% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 04Avax S.A. announces Annual dividend, payable on July 27, 2026Avax S.A. announced Annual dividend of EUR 0.1000 per share payable on July 27, 2026, ex-date on July 21, 2026 and record date on July 22, 2026.공시 • Apr 03Avax S.A. to Report First Half, 2026 Results on Sep 30, 2026Avax S.A. announced that they will report first half, 2026 results on Sep 30, 2026공시 • Apr 02+ 1 more updateAvax S.A., Annual General Meeting, Jul 02, 2026Avax S.A., Annual General Meeting, Jul 02, 2026.분석 기사 • Mar 31Should You Think About Buying Avax S.A. (ATH:AVAX) Now?Avax S.A. ( ATH:AVAX ), might not be a large cap stock, but it saw significant share price movement during recent...New Risk • Mar 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Greek stocks, typically moving 6.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (6.2% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.Buy Or Sell Opportunity • Feb 17Now 20% undervaluedOver the last 90 days, the stock has risen 43% to €3.29. The fair value is estimated to be €4.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 4.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.5% average weekly change).Reported Earnings • Dec 17Third quarter 2025 earnings releasedThird quarter 2025 results: EPS: €0.095. Revenue: €214.7m (up 71% from 3Q 2024). Net income: €14.0m (up €28.3m from 3Q 2024). Profit margin: 6.5% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Sep 30First half 2025 earnings released: EPS: €0.19 (vs €0.13 in 1H 2024)First half 2025 results: EPS: €0.19 (up from €0.13 in 1H 2024). Revenue: €467.5m (up 62% from 1H 2024). Net income: €28.1m (up 46% from 1H 2024). Profit margin: 6.0% (down from 6.6% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 47% per year.Upcoming Dividend • Aug 26Upcoming dividend of €0.07 per shareEligible shareholders must have bought the stock before 02 September 2025. Payment date: 08 September 2025. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Greek dividend payers (4.6%). Lower than average of industry peers (3.4%).분석 기사 • Jun 30Fewer Investors Than Expected Jumping On Avax S.A. (ATH:AVAX)With a median price-to-earnings (or "P/E") ratio of close to 14x in Greece, you could be forgiven for feeling...분석 기사 • May 15Avax's (ATH:AVAX) Earnings May Just Be The Starting PointEven though Avax S.A.'s ( ATH:AVAX ) recent earnings release was robust, the market didn't seem to notice. We think...Reported Earnings • May 12Full year 2024 earnings released: EPS: €0.14 (vs €0.069 in FY 2023)Full year 2024 results: EPS: €0.14 (up from €0.069 in FY 2023). Revenue: €651.5m (up 44% from FY 2023). Net income: €21.3m (up 114% from FY 2023). Profit margin: 3.3% (up from 2.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.New Risk • May 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Apr 30Avax S.A. announces Annual dividend, payable on September 08, 2025Avax S.A. announced Annual dividend of EUR 0.0700 per share payable on September 08, 2025, ex-date on September 02, 2025 and record date on September 03, 2025.공시 • Apr 28Avax S.A., Annual General Meeting, Jul 15, 2025Avax S.A., Annual General Meeting, Jul 15, 2025.New Risk • Apr 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Profit margins are more than 30% lower than last year (4.7% net profit margin).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.72, the stock trades at a trailing P/E ratio of 9.9x. Average forward P/E is 11x in the Construction industry in Greece. Total returns to shareholders of 123% over the past three years.New Risk • Feb 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Greek stocks, typically moving 5.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (5.6% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (4.7% net profit margin).분석 기사 • Feb 13Is It Time To Consider Buying Avax S.A. (ATH:AVAX)?Avax S.A. ( ATH:AVAX ), is not the largest company out there, but it saw a significant share price rise of 53% in the...분석 기사 • Jan 22A Piece Of The Puzzle Missing From Avax S.A.'s (ATH:AVAX) 26% Share Price ClimbAvax S.A. ( ATH:AVAX ) shareholders have had their patience rewarded with a 26% share price jump in the last month...Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.76, the stock trades at a trailing P/E ratio of 10.1x. Average forward P/E is 12x in the Construction industry in Greece. Total returns to shareholders of 78% over the past three years.분석 기사 • Nov 27These 4 Measures Indicate That Avax (ATH:AVAX) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Oct 01First half 2024 earnings released: EPS: €0.13 (vs €0.023 in 1H 2023)First half 2024 results: EPS: €0.13 (up from €0.023 in 1H 2023). Revenue: €289.1m (up 50% from 1H 2023). Net income: €19.2m (up 483% from 1H 2023). Profit margin: 6.6% (up from 1.7% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.New Risk • Sep 27New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Profit margins are more than 30% lower than last year (4.7% net profit margin). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).공시 • Sep 27Avax S.A. to Report First Half, 2024 Results on Sep 26, 2024Avax S.A. announced that they will report first half, 2024 results on Sep 26, 2024Upcoming Dividend • Jul 22Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 29 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Greek dividend payers (5.6%). Lower than average of industry peers (3.7%).분석 기사 • May 08We Think You Can Look Beyond Avax's (ATH:AVAX) Lackluster EarningsShareholders appeared unconcerned with Avax S.A.'s ( ATH:AVAX ) lackluster earnings report last week. We did some...New Risk • May 02New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding).공시 • Apr 28+ 1 more updateAvax S.A., Annual General Meeting, Jun 12, 2024Avax S.A., Annual General Meeting, Jun 12, 2024. Agenda: to consider distribution of a dividend for 2023.New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (141% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding).New Risk • Jan 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (141% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding).분석 기사 • Dec 18There's Reason For Concern Over Avax S.A.'s (ATH:AVAX) Massive 25% Price JumpThe Avax S.A. ( ATH:AVAX ) share price has done very well over the last month, posting an excellent gain of 25%. The...Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.62, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 22x in the Construction industry in Greece. Total returns to shareholders of 181% over the past three years.Reported Earnings • Oct 01First half 2023 earnings releasedFirst half 2023 results: Revenue: €192.2m (down 1.1% from 1H 2022). Net income: €3.40m (up €25.0m from 1H 2022). Profit margin: 1.8% (up from net loss in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings.분석 기사 • Sep 08We Ran A Stock Scan For Earnings Growth And Avax (ATH:AVAX) Passed With EaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...공시 • Aug 10Mytilineos S.A. (ATSE:MYTIL) agreed to acquire Volterra SA from Avax S.A. (ATSE:AVAX) for €24 million.Mytilineos S.A. (ATSE:MYTIL) agreed to acquire Volterra SA from Avax S.A. (ATSE:AVAX) for €24 million on August 9, 2023. On the date of the transfer, AVAX will receive the amount of €6 million as payment and further €7 million as advance payment against the additional price. The transaction is subject to all necessary approvals from the Hellenic Competition Commission and other authorities.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.44, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 18x in the Construction industry in Greece. Total returns to shareholders of 258% over the past three years.New Risk • Jun 29New major risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results.Upcoming Dividend • Jun 12Upcoming dividend of €0.07 per share at 6.2% yieldEligible shareholders must have bought the stock before 19 June 2023. Payment date: 23 June 2023. Trailing yield: 6.2%. Within top quartile of Greek dividend payers (5.1%). Higher than average of industry peers (3.7%).공시 • Jun 01Avax S.A., Annual General Meeting, Jun 14, 2023Avax S.A., Annual General Meeting, Jun 14, 2023, at 13:00 E. Europe Standard Time. Location: AMAROUSIOU - CHALANDRIOU 16, 151 25 MAROUSI Marousi GreeceValuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €1.14, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 14x in the Construction industry in Greece. Total returns to shareholders of 137% over the past three years.Reported Earnings • May 02Full year 2022 earnings released: EPS: €0.077 (vs €0.002 in FY 2021)Full year 2022 results: EPS: €0.077 (up from €0.002 in FY 2021). Revenue: €402.7m (down 32% from FY 2021). Net income: €11.1m (up €10.8m from FY 2021). Profit margin: 2.8% (up from 0.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 29% per year.Reported Earnings • Dec 14Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: €0.099. Revenue: €100.8m (down 49% from 3Q 2021). Net income: €14.3m (up €16.4m from 3Q 2021). Profit margin: 14% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non Executive Director Theodora Monohartzi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 30First half 2022 earnings released: EPS: €0 (vs €0.037 in 1H 2021)First half 2022 results: EPS: €0. Revenue: €358.9m (up 11% from 1H 2021). Net income: €12.7m (up 137% from 1H 2021). Profit margin: 3.5% (up from 1.7% in 1H 2021). The increase in margin was driven by higher revenue.Reported Earnings • Apr 28Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.002 (down from €0.045 in FY 2020). Revenue: €592.2m (up 2.7% from FY 2020). Net income: €341.0k (down 94% from FY 2020). Profit margin: 0.1% (down from 1.1% in FY 2020). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 126%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non Executive Director Theodora Monohartzi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 03First half 2021 earnings released: EPS €0.037 (vs €0.082 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €324.3m (up 25% from 1H 2020). Net income: €5.35m (down 48% from 1H 2020). Profit margin: 1.7% (down from 4.0% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.05, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 14x in the Construction industry in Europe. Total returns to shareholders of 149% over the past three years.Valuation Update With 7 Day Price Move • May 13Investor sentiment improved over the past weekAfter last week's 23% share price gain to €1.25, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 16x in the Construction industry in Europe. Total returns to shareholders of 157% over the past three years.분석 기사 • May 03There Are Some Holes In Avax's (ATH:AVAX) Solid Earnings ReleaseFollowing the release of a positive earnings report recently, Avax S.A.'s ( ATH:AVAX ) stock performed well. Despite...Reported Earnings • May 01Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €576.6m (flat on FY 2019). Net income: €6.08m (up €23.5m from FY 2019). Profit margin: 1.1% (up from net loss in FY 2019).Is New 90 Day High Low • Mar 10New 90-day high: €0.70The company is up 18% from its price of €0.59 on 10 December 2020. The Greek market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 14% over the same period.분석 기사 • Feb 04What Type Of Shareholders Own The Most Number of Avax S.A. (ATH:AVAX) Shares?Every investor in Avax S.A. ( ATH:AVAX ) should be aware of the most powerful shareholder groups. Large companies...Is New 90 Day High Low • Dec 29New 90-day high: €0.63The company is up 53% from its price of €0.41 on 30 September 2020. The Greek market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 24% over the same period.Is New 90 Day High Low • Dec 07New 90-day high: €0.61The company is up 58% from its price of €0.39 on 08 September 2020. The Greek market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 28% over the same period.분석 기사 • Dec 06Avax (ATH:AVAX) Has Gifted Shareholders With A Fantastic 180% Total Return On Their InvestmentThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...Is New 90 Day High Low • Oct 08New 90-day high: €0.48The company is up 15% from its price of €0.42 on 10 July 2020. The Greek market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 14% over the same period.Reported Earnings • Oct 03First half earnings releasedOver the last 12 months the company has reported total losses of €16.2m, with losses narrowing by 5.1% from the prior year. Total revenue was €520.8m over the last 12 months, down 13% from the prior year.Is New 90 Day High Low • Sep 18New 90-day high: €0.45The company is up 3.0% from its price of €0.43 on 19 June 2020. The Greek market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Construction industry, which is also up 3.0% over the same period.이익 및 매출 성장 예측ATSE:AVAX - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,013527981212/31/20271,018488281212/31/20261,012526047212/31/2025958473748N/A9/30/202591958N/AN/AN/A6/30/202583030-36-26N/A3/31/202574126-45-32N/A12/31/202465121-54-38N/A9/30/20245458N/AN/AN/A6/30/202455026-120N/A3/31/2024502181835N/A12/31/2023454103750N/A9/30/202343124N/AN/AN/A6/30/2023401366469N/A3/31/2023402242327N/A12/31/202240311-19-14N/A9/30/2022482-18N/AN/AN/A6/30/2022525-30-6-2N/A3/31/2022559-151924N/A12/31/202159204450N/A9/30/20217220N/AN/AN/A6/30/20214648-72-48N/A3/31/20214649-96-59N/A12/31/202046310-120-70N/A6/30/2020521-16-546N/A3/31/2020548-173473N/A12/31/2019576-177499N/A6/30/2019555-15N/A31N/A3/31/2019546-20N/A6N/A12/31/2018538-24N/A-19N/A9/30/2018616-20N/A-19N/A6/30/2018649-14N/A-24N/A3/31/2018661-12N/A-28N/A12/31/2017673-10N/A-32N/A9/30/2017634-35N/A-6N/A6/30/2017594-60N/A20N/A3/31/2017568-55N/A-1N/A12/31/2016541-51N/A-22N/A9/30/2016515-29N/A-64N/A6/30/2016495-19N/A-105N/A3/31/201646111N/A-56N/A12/31/20154560N/A-16N/A9/30/20155295N/A9N/A6/30/2015508-7N/A29N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: AVAX 의 연간 예상 수익 증가율(2.9%)이 saving rate(3.2%) 미만입니다.수익 vs 시장: AVAX 의 연간 수익(2.9%)이 Greek 시장(11.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: AVAX 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: AVAX 의 수익(연간 0.3%)이 Greek 시장(연간 7.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: AVAX 의 수익(연간 0.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: AVAX의 자본 수익률은 3년 후 16.4%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 04:27종가2026/05/22 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Avax S.A.는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Andrew MurphyEdison Investment ResearchNatalya DaviesEdison Investment ResearchChristiana ArmpouniotiEurobank Equities Investment Firm S.A.2명의 분석가 더 보기
Price Target Changed • May 11Price target increased by 41% to €4.50Up from €3.20, the current price target is provided by 1 analyst. New target price is 27% above last closing price of €3.53. Stock is up 73% over the past year. The company posted earnings per share of €0.32 last year.
Buy Or Sell Opportunity • May 19Now 21% undervaluedOver the last 90 days, the stock has risen 2.4% to €3.42. The fair value is estimated to be €4.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 0.3% per annum. Earnings are also forecast to grow by 2.9% per annum over the same time period.
Price Target Changed • May 11Price target increased by 41% to €4.50Up from €3.20, the current price target is provided by 1 analyst. New target price is 27% above last closing price of €3.53. Stock is up 73% over the past year. The company posted earnings per share of €0.32 last year.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €3.50, the stock trades at a trailing P/E ratio of 10.9x. Average forward P/E is 13x in the Construction industry in Greece. Total returns to shareholders of 299% over the past three years.
Reported Earnings • Apr 20Full year 2025 earnings released: EPS: €0.32 (vs €0.14 in FY 2024)Full year 2025 results: EPS: €0.32 (up from €0.14 in FY 2024). Revenue: €958.2m (up 47% from FY 2024). Net income: €47.5m (up 123% from FY 2024). Profit margin: 5.0% (up from 3.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 04Avax S.A. announces Annual dividend, payable on July 27, 2026Avax S.A. announced Annual dividend of EUR 0.1000 per share payable on July 27, 2026, ex-date on July 21, 2026 and record date on July 22, 2026.
공시 • Apr 03Avax S.A. to Report First Half, 2026 Results on Sep 30, 2026Avax S.A. announced that they will report first half, 2026 results on Sep 30, 2026
공시 • Apr 02+ 1 more updateAvax S.A., Annual General Meeting, Jul 02, 2026Avax S.A., Annual General Meeting, Jul 02, 2026.
분석 기사 • Mar 31Should You Think About Buying Avax S.A. (ATH:AVAX) Now?Avax S.A. ( ATH:AVAX ), might not be a large cap stock, but it saw significant share price movement during recent...
New Risk • Mar 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Greek stocks, typically moving 6.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Share price has been highly volatile over the past 3 months (6.2% average weekly change). Minor Risk Paying a dividend despite having no free cash flows.
Buy Or Sell Opportunity • Feb 17Now 20% undervaluedOver the last 90 days, the stock has risen 43% to €3.29. The fair value is estimated to be €4.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Jan 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 4.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (4.5% average weekly change).
Reported Earnings • Dec 17Third quarter 2025 earnings releasedThird quarter 2025 results: EPS: €0.095. Revenue: €214.7m (up 71% from 3Q 2024). Net income: €14.0m (up €28.3m from 3Q 2024). Profit margin: 6.5% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Sep 30First half 2025 earnings released: EPS: €0.19 (vs €0.13 in 1H 2024)First half 2025 results: EPS: €0.19 (up from €0.13 in 1H 2024). Revenue: €467.5m (up 62% from 1H 2024). Net income: €28.1m (up 46% from 1H 2024). Profit margin: 6.0% (down from 6.6% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 47% per year.
Upcoming Dividend • Aug 26Upcoming dividend of €0.07 per shareEligible shareholders must have bought the stock before 02 September 2025. Payment date: 08 September 2025. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Greek dividend payers (4.6%). Lower than average of industry peers (3.4%).
분석 기사 • Jun 30Fewer Investors Than Expected Jumping On Avax S.A. (ATH:AVAX)With a median price-to-earnings (or "P/E") ratio of close to 14x in Greece, you could be forgiven for feeling...
분석 기사 • May 15Avax's (ATH:AVAX) Earnings May Just Be The Starting PointEven though Avax S.A.'s ( ATH:AVAX ) recent earnings release was robust, the market didn't seem to notice. We think...
Reported Earnings • May 12Full year 2024 earnings released: EPS: €0.14 (vs €0.069 in FY 2023)Full year 2024 results: EPS: €0.14 (up from €0.069 in FY 2023). Revenue: €651.5m (up 44% from FY 2023). Net income: €21.3m (up 114% from FY 2023). Profit margin: 3.3% (up from 2.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
New Risk • May 07New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Apr 30Avax S.A. announces Annual dividend, payable on September 08, 2025Avax S.A. announced Annual dividend of EUR 0.0700 per share payable on September 08, 2025, ex-date on September 02, 2025 and record date on September 03, 2025.
공시 • Apr 28Avax S.A., Annual General Meeting, Jul 15, 2025Avax S.A., Annual General Meeting, Jul 15, 2025.
New Risk • Apr 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Profit margins are more than 30% lower than last year (4.7% net profit margin).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €1.72, the stock trades at a trailing P/E ratio of 9.9x. Average forward P/E is 11x in the Construction industry in Greece. Total returns to shareholders of 123% over the past three years.
New Risk • Feb 27New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Greek stocks, typically moving 5.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (5.6% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (4.7% net profit margin).
분석 기사 • Feb 13Is It Time To Consider Buying Avax S.A. (ATH:AVAX)?Avax S.A. ( ATH:AVAX ), is not the largest company out there, but it saw a significant share price rise of 53% in the...
분석 기사 • Jan 22A Piece Of The Puzzle Missing From Avax S.A.'s (ATH:AVAX) 26% Share Price ClimbAvax S.A. ( ATH:AVAX ) shareholders have had their patience rewarded with a 26% share price jump in the last month...
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €1.76, the stock trades at a trailing P/E ratio of 10.1x. Average forward P/E is 12x in the Construction industry in Greece. Total returns to shareholders of 78% over the past three years.
분석 기사 • Nov 27These 4 Measures Indicate That Avax (ATH:AVAX) Is Using Debt ExtensivelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Oct 01First half 2024 earnings released: EPS: €0.13 (vs €0.023 in 1H 2023)First half 2024 results: EPS: €0.13 (up from €0.023 in 1H 2023). Revenue: €289.1m (up 50% from 1H 2023). Net income: €19.2m (up 483% from 1H 2023). Profit margin: 6.6% (up from 1.7% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
New Risk • Sep 27New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Profit margins are more than 30% lower than last year (4.7% net profit margin). Shareholders have been diluted in the past year (2.7% increase in shares outstanding).
공시 • Sep 27Avax S.A. to Report First Half, 2024 Results on Sep 26, 2024Avax S.A. announced that they will report first half, 2024 results on Sep 26, 2024
Upcoming Dividend • Jul 22Upcoming dividend of €0.03 per shareEligible shareholders must have bought the stock before 29 July 2024. Payment date: 02 August 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Greek dividend payers (5.6%). Lower than average of industry peers (3.7%).
분석 기사 • May 08We Think You Can Look Beyond Avax's (ATH:AVAX) Lackluster EarningsShareholders appeared unconcerned with Avax S.A.'s ( ATH:AVAX ) lackluster earnings report last week. We did some...
New Risk • May 02New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding).
공시 • Apr 28+ 1 more updateAvax S.A., Annual General Meeting, Jun 12, 2024Avax S.A., Annual General Meeting, Jun 12, 2024. Agenda: to consider distribution of a dividend for 2023.
New Risk • Apr 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (141% net debt to equity). Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding).
New Risk • Jan 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (141% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (5.7% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.8% increase in shares outstanding).
분석 기사 • Dec 18There's Reason For Concern Over Avax S.A.'s (ATH:AVAX) Massive 25% Price JumpThe Avax S.A. ( ATH:AVAX ) share price has done very well over the last month, posting an excellent gain of 25%. The...
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.62, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 22x in the Construction industry in Greece. Total returns to shareholders of 181% over the past three years.
Reported Earnings • Oct 01First half 2023 earnings releasedFirst half 2023 results: Revenue: €192.2m (down 1.1% from 1H 2022). Net income: €3.40m (up €25.0m from 1H 2022). Profit margin: 1.8% (up from net loss in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings.
분석 기사 • Sep 08We Ran A Stock Scan For Earnings Growth And Avax (ATH:AVAX) Passed With EaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
공시 • Aug 10Mytilineos S.A. (ATSE:MYTIL) agreed to acquire Volterra SA from Avax S.A. (ATSE:AVAX) for €24 million.Mytilineos S.A. (ATSE:MYTIL) agreed to acquire Volterra SA from Avax S.A. (ATSE:AVAX) for €24 million on August 9, 2023. On the date of the transfer, AVAX will receive the amount of €6 million as payment and further €7 million as advance payment against the additional price. The transaction is subject to all necessary approvals from the Hellenic Competition Commission and other authorities.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €1.44, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 18x in the Construction industry in Greece. Total returns to shareholders of 258% over the past three years.
New Risk • Jun 29New major risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 91% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results.
Upcoming Dividend • Jun 12Upcoming dividend of €0.07 per share at 6.2% yieldEligible shareholders must have bought the stock before 19 June 2023. Payment date: 23 June 2023. Trailing yield: 6.2%. Within top quartile of Greek dividend payers (5.1%). Higher than average of industry peers (3.7%).
공시 • Jun 01Avax S.A., Annual General Meeting, Jun 14, 2023Avax S.A., Annual General Meeting, Jun 14, 2023, at 13:00 E. Europe Standard Time. Location: AMAROUSIOU - CHALANDRIOU 16, 151 25 MAROUSI Marousi Greece
Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 20%After last week's 20% share price gain to €1.14, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 14x in the Construction industry in Greece. Total returns to shareholders of 137% over the past three years.
Reported Earnings • May 02Full year 2022 earnings released: EPS: €0.077 (vs €0.002 in FY 2021)Full year 2022 results: EPS: €0.077 (up from €0.002 in FY 2021). Revenue: €402.7m (down 32% from FY 2021). Net income: €11.1m (up €10.8m from FY 2021). Profit margin: 2.8% (up from 0.1% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 29% per year.
Reported Earnings • Dec 14Third quarter 2022 earnings releasedThird quarter 2022 results: EPS: €0.099. Revenue: €100.8m (down 49% from 3Q 2021). Net income: €14.3m (up €16.4m from 3Q 2021). Profit margin: 14% (up from net loss in 3Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non Executive Director Theodora Monohartzi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 30First half 2022 earnings released: EPS: €0 (vs €0.037 in 1H 2021)First half 2022 results: EPS: €0. Revenue: €358.9m (up 11% from 1H 2021). Net income: €12.7m (up 137% from 1H 2021). Profit margin: 3.5% (up from 1.7% in 1H 2021). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 28Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: €0.002 (down from €0.045 in FY 2020). Revenue: €592.2m (up 2.7% from FY 2020). Net income: €341.0k (down 94% from FY 2020). Profit margin: 0.1% (down from 1.1% in FY 2020). Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 126%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Non Executive Director Theodora Monohartzi was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 03First half 2021 earnings released: EPS €0.037 (vs €0.082 in 1H 2020)The company reported a soft first half result with weaker earnings and profit margins, although revenues improved. First half 2021 results: Revenue: €324.3m (up 25% from 1H 2020). Net income: €5.35m (down 48% from 1H 2020). Profit margin: 1.7% (down from 4.0% in 1H 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €1.05, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 14x in the Construction industry in Europe. Total returns to shareholders of 149% over the past three years.
Valuation Update With 7 Day Price Move • May 13Investor sentiment improved over the past weekAfter last week's 23% share price gain to €1.25, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 16x in the Construction industry in Europe. Total returns to shareholders of 157% over the past three years.
분석 기사 • May 03There Are Some Holes In Avax's (ATH:AVAX) Solid Earnings ReleaseFollowing the release of a positive earnings report recently, Avax S.A.'s ( ATH:AVAX ) stock performed well. Despite...
Reported Earnings • May 01Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: €576.6m (flat on FY 2019). Net income: €6.08m (up €23.5m from FY 2019). Profit margin: 1.1% (up from net loss in FY 2019).
Is New 90 Day High Low • Mar 10New 90-day high: €0.70The company is up 18% from its price of €0.59 on 10 December 2020. The Greek market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 14% over the same period.
분석 기사 • Feb 04What Type Of Shareholders Own The Most Number of Avax S.A. (ATH:AVAX) Shares?Every investor in Avax S.A. ( ATH:AVAX ) should be aware of the most powerful shareholder groups. Large companies...
Is New 90 Day High Low • Dec 29New 90-day high: €0.63The company is up 53% from its price of €0.41 on 30 September 2020. The Greek market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 24% over the same period.
Is New 90 Day High Low • Dec 07New 90-day high: €0.61The company is up 58% from its price of €0.39 on 08 September 2020. The Greek market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 28% over the same period.
분석 기사 • Dec 06Avax (ATH:AVAX) Has Gifted Shareholders With A Fantastic 180% Total Return On Their InvestmentThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Is New 90 Day High Low • Oct 08New 90-day high: €0.48The company is up 15% from its price of €0.42 on 10 July 2020. The Greek market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 14% over the same period.
Reported Earnings • Oct 03First half earnings releasedOver the last 12 months the company has reported total losses of €16.2m, with losses narrowing by 5.1% from the prior year. Total revenue was €520.8m over the last 12 months, down 13% from the prior year.
Is New 90 Day High Low • Sep 18New 90-day high: €0.45The company is up 3.0% from its price of €0.43 on 19 June 2020. The Greek market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Construction industry, which is also up 3.0% over the same period.