BST:TQZA

Stock Analysis Report

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Executive Summary

Technical Olympic S.A. engages in tourism, homebuilding, construction of public and private projects, wind power, marinas, and real estate development businesses in Greece and internationally.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Technical Olympic's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TQZA's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.6%

TQZA

-1.7%

DE Hospitality

0.2%

DE Market


1 Year Return

-32.8%

TQZA

-34.4%

DE Hospitality

4.5%

DE Market

Return vs Industry: TQZA exceeded the German Hospitality industry which returned -35.2% over the past year.

Return vs Market: TQZA underperformed the German Market which returned 3.9% over the past year.


Shareholder returns

TQZAIndustryMarket
7 Day-6.6%-1.7%0.2%
30 Day-3.2%-7.9%6.4%
90 Day3.4%9.7%16.9%
1 Year-32.8%-32.8%-31.5%-34.4%6.8%4.5%
3 Year-9.8%-9.8%-48.8%-55.8%3.0%-5.0%
5 Year86.7%86.7%-50.9%-61.2%9.9%-4.8%

Price Volatility Vs. Market

How volatile is Technical Olympic's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Technical Olympic undervalued compared to its fair value and its price relative to the market?

0.35x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TQZA's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TQZA's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TQZA is unprofitable, so we can't compare its PE Ratio to the DE Hospitality industry average.

PE vs Market: TQZA is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TQZA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TQZA is good value based on its PB Ratio (0.3x) compared to the DE Hospitality industry average (2x).


Next Steps

Future Growth

How is Technical Olympic forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

116.0%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Technical Olympic has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Technical Olympic performed over the past 5 years?

-7.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TQZA is currently unprofitable.

Growing Profit Margin: TQZA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TQZA is unprofitable, and losses have increased over the past 5 years at a rate of -7.7% per year.

Accelerating Growth: Unable to compare TQZA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TQZA is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-15.6%).


Return on Equity

High ROE: TQZA has a negative Return on Equity (-8.42%), as it is currently unprofitable.


Next Steps

Financial Health

How is Technical Olympic's financial position?


Financial Position Analysis

Short Term Liabilities: TQZA's short term assets (€312.2M) exceed its short term liabilities (€149.0M).

Long Term Liabilities: TQZA's short term assets (€312.2M) exceed its long term liabilities (€16.3M).


Debt to Equity History and Analysis

Debt Level: TQZA's debt to equity ratio (1.5%) is considered satisfactory.

Reducing Debt: TQZA's debt to equity ratio has reduced from 4.2% to 1.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TQZA has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TQZA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.2% each year


Next Steps

Dividend

What is Technical Olympic current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TQZA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TQZA's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TQZA's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TQZA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TQZA's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average board tenure


CEO

George Stengos (53yo)

no data

Tenure

Mr. Georgios K. Stengos, also known as George, serves as the Chief Executive Officer, First Vice Chairman of the Board and Executive Director of Technical Olympic S.A. Mr. Stengos has been Secretary of Tec ...


Board Members

NamePositionTenureCompensationOwnership
Konstantinos Stengos
Founderno datano datano data
Georgios Stengos
CEO & First Vice-Chairmanno datano datano data
Andreas Stengos
Second Vice Chairman & General Managerno datano datano data
Athanasios Klapadakis
GM & Executive Directorno datano datano data
Andreas Rokkos
Executive Directorno datano datano data
Marianna Stengou
Non-Executive Directorno datano datano data
Royal Royti
Non-Executive Director1.33yrsno datano data
Charalampos Garmpis
Non-Executive Director1.33yrsno datano data
Christos Zikos
Non-Executive Director1.33yrsno datano data
Dimitrios Basilopoylos
Independent Non-Executive Director2yrsno datano data
Spiridon Magkliberas
Independent Non-Executive Director2yrsno datano data

1.3yrs

Average Tenure

55yo

Average Age

Experienced Board: TQZA's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Technical Olympic S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Technical Olympic S.A.
  • Ticker: TQZA
  • Exchange: BST
  • Founded: 1965
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: €60.796m
  • Shares outstanding: 40.69m
  • Website: https://www.techol.gr

Number of Employees


Location

  • Technical Olympic S.A.
  • 20 Solomou Street
  • Alimos
  • Athens
  • 174 56
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TQZABST (Boerse-Stuttgart)YesCommon SharesDEEURJun 1994
OLYMPATSE (The Athens Stock Exchange)YesCommon SharesGREURJun 1994
0P0RLSE (London Stock Exchange)YesCommon SharesGBEURJun 1994

Biography

Technical Olympic S.A. engages in tourism, homebuilding, construction of public and private projects, wind power, marinas, and real estate development businesses in Greece and internationally. The company operates Porto Carras Grand resort in Halkidiki; and constructs, develops, and operates a network of tourist marinas. It also constructs homes, office buildings, hospitals, entertainment and shopping centers, public buildings, etc.; motorways, tunnels, bridges, and other road projects; railroad projects; airports; dams; electromechanical projects; irrigation projects; marinas, harbors, and drainage projects; sports facilities, including football and tennis fields, swimming pools, etc.; telecommunications projects; and water saving and other environmental projects. In addition, the company produces and sells agricultural products; produces and distributes wines; and produces and sells ready-mix concrete. Technical Olympic S.A. was founded in 1965 and is headquartered in Athens, Greece. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 21:43
End of Day Share Price2020/07/13 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.