DB:1GT

Stock Analysis Report

GEK TERNA Holdings Real Estate Construction

Executive Summary

GEK TERNA Holdings, Real Estate, Construction S.A., together with its subsidiaries, engages in the construction, energy, real estate, industrial, and concession businesses in Greece, the Balkans, the Middle East, Eastern Europe, and North America.

Snowflake

Fundamentals

Moderate growth potential and overvalued.

Risks

  • GEK TERNA Holdings Real Estate Construction has significant price volatility in the past 3 months.
  • GEK TERNA Holdings Real Estate Construction is covered by less than 3 analysts.

Share Price & News

How has GEK TERNA Holdings Real Estate Construction's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.8%

DB:1GT

-0.4%

DE Construction

0.2%

DE Market


1 Year Return

21.9%

DB:1GT

-27.0%

DE Construction

-10.0%

DE Market

1GT outperformed the Construction industry which returned -30.6% over the past year.

1GT outperformed the Market in Germany which returned -10.4% over the past year.


Share holder returns

1GTIndustryMarket
7 Day1.8%-0.4%0.2%
30 Day4.0%0.2%-3.3%
90 Day33.8%-13.9%-3.9%
1 Year21.9%21.9%-24.0%-27.0%-7.1%-10.0%
3 Year228.1%228.1%-10.3%-16.9%11.3%1.7%
5 Year80.8%80.8%82.9%62.6%25.8%8.4%

Price Volatility Vs. Market

How volatile is GEK TERNA Holdings Real Estate Construction's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is GEK TERNA Holdings Real Estate Construction undervalued based on future cash flows and its price relative to the stock market?

24%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

GEK TERNA Holdings Real Estate Construction's share price is below the future cash flow value, and at a moderate discount (> 20%).

GEK TERNA Holdings Real Estate Construction's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

GEK TERNA Holdings Real Estate Construction is overvalued based on earnings compared to the Europe Construction industry average.

GEK TERNA Holdings Real Estate Construction is overvalued based on earnings compared to the Germany market.


Price Based on Expected Growth

GEK TERNA Holdings Real Estate Construction is poor value based on expected growth next year.


Price Based on Value of Assets

GEK TERNA Holdings Real Estate Construction is overvalued based on assets compared to the Europe Construction industry average.


Next Steps

Future Growth

How is GEK TERNA Holdings Real Estate Construction expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

41.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

GEK TERNA Holdings Real Estate Construction's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

GEK TERNA Holdings Real Estate Construction's earnings are expected to grow significantly at over 20% yearly.

GEK TERNA Holdings Real Estate Construction's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.

GEK TERNA Holdings Real Estate Construction's earnings growth is expected to exceed the Germany market average.

GEK TERNA Holdings Real Estate Construction's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

GEK TERNA Holdings Real Estate Construction is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has GEK TERNA Holdings Real Estate Construction performed over the past 5 years?

59.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

GEK TERNA Holdings Real Estate Construction has delivered over 20% year on year earnings growth in the past 5 years.

GEK TERNA Holdings Real Estate Construction's 1-year earnings growth is negative, it can't be compared to the 5-year average.

GEK TERNA Holdings Real Estate Construction's 1-year earnings growth is negative, it can't be compared to the Europe Construction industry average.


Return on Equity

GEK TERNA Holdings Real Estate Construction has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

GEK TERNA Holdings Real Estate Construction used its assets less efficiently than the Europe Construction industry average last year based on Return on Assets.


Return on Capital Employed

GEK TERNA Holdings Real Estate Construction's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is GEK TERNA Holdings Real Estate Construction's financial position?


Financial Position Analysis

GEK TERNA Holdings Real Estate Construction is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

GEK TERNA Holdings Real Estate Construction's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

GEK TERNA Holdings Real Estate Construction's level of debt (248.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (107.2% vs 248.3% today).

Debt is not well covered by operating cash flow (5.2%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.7x debt.


Next Steps

Dividend

What is GEK TERNA Holdings Real Estate Construction's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate GEK TERNA Holdings Real Estate Construction's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate GEK TERNA Holdings Real Estate Construction's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as GEK TERNA Holdings Real Estate Construction has not reported any payouts.

Unable to verify if GEK TERNA Holdings Real Estate Construction's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as GEK TERNA Holdings Real Estate Construction has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of GEK TERNA Holdings Real Estate Construction's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average board tenure


CEO

George Peristeris (62yo)

0.0yrs

Tenure

0

Mr. Georgios Peristeris, also known as George, serves as Chairman of the Board at GEK TERNA Holdings, Real Estate, Construction S.A. since 2018. Mr. Peristeris joined GEK TERNA Holdings, Real Estate, Const ...


Board Age and Tenure

3.3yrs

Average Tenure

62.5yo

Average Age

The tenure for the GEK TERNA Holdings Real Estate Construction board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • George Peristeris (62yo)

    CEO, MD & Chairman

    • Tenure: 0.0yrs
  • Christos Zaribas

    CFO & Finance Director

    • Tenure: 0.0yrs
  • Michael Gourzis (79yo)

    Vice Chairman

    • Tenure: 0.0yrs
  • Dimitrios Antonakos (67yo)

    Executive Director

    • Tenure: 8.2yrs
  • Angelos Benopoulos (61yo)

    Vice Chairman

    • Tenure: 8.2yrs
  • Konstantinos Vavaletskos (63yo)

    Executive Vice Chairman

    • Tenure: 1.6yrs
  • Emmanuel Vrailas (64yo)

    Executive Director

    • Tenure: 8.2yrs
  • Emmanouil Moustakas (45yo)

    Executive Director

    • Tenure: 8.2yrs
  • Nikolaos Valmas

    Chief Accountant

    • Tenure: 0.0yrs
  • Dimitra Chatziarseniou

    Company Secretary

    • Tenure: 1.6yrs

Board Members

  • George Peristeris (62yo)

    CEO, MD & Chairman

    • Tenure: 0.0yrs
  • Gagik Apkarian

    Independent Non-Executive Director

    • Tenure: 2.3yrs
  • Michael Gourzis (79yo)

    Vice Chairman

    • Tenure: 0.0yrs
  • George Perdikaris

    Non-Executive Director

    • Tenure: 3.3yrs
  • Dimitrios Antonakos (67yo)

    Executive Director

    • Tenure: 8.2yrs
  • Angelos Benopoulos (61yo)

    Vice Chairman

    • Tenure: 8.2yrs
  • Konstantinos Vavaletskos (63yo)

    Executive Vice Chairman

    • Tenure: 1.6yrs
  • Emmanuel Vrailas (64yo)

    Executive Director

    • Tenure: 8.2yrs
  • Emmanouil Moustakas (45yo)

    Executive Director

    • Tenure: 8.2yrs
  • Apostolos Tamvakakis (61yo)

    Vice Chairman

    • Tenure: 2.1yrs

Company Information

GEK TERNA Holdings, Real Estate, Construction S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GEK TERNA Holdings, Real Estate, Construction S.A.
  • Ticker: 1GT
  • Exchange: DB
  • Founded: 1960
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €613.521m
  • Shares outstanding: 98.01m
  • Website: https://www.gekterna.com

Number of Employees


Location

  • GEK TERNA Holdings, Real Estate, Construction S.A.
  • 85, Mesogeion Avenue
  • Athens
  • 115 26
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GEKTERNAATSE (The Athens Stock Exchange)YesCommon SharesGREURJul 1993
0JT4LSE (London Stock Exchange)YesCommon SharesGBEURJul 1993
1GTDB (Deutsche Boerse AG)YesCommon SharesDEEURJul 1993
GKTR.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDJul 1993

Biography

GEK TERNA Holdings, Real Estate, Construction S.A., together with its subsidiaries, engages in the construction, energy, real estate, industrial, and concession businesses in Greece, the Balkans, the Middl ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 21:32
End of Day Share Price2019/08/19 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.