Loading...

Greek Organization of Football Prognostics

DB:GF8
Snowflake Description

Moderate growth potential with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GF8
DB
€3B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Greek Organization of Football Prognostics S.A., together with its subsidiaries, operates and manages numerical lottery and sports betting games. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
GF8 Share Price and Events
7 Day Returns
-0.8%
DB:GF8
-1.9%
DE Hospitality
1.5%
DE Market
1 Year Returns
2.8%
DB:GF8
-50.5%
DE Hospitality
-5.8%
DE Market
GF8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Greek Organization of Football Prognostics (GF8) -0.8% 9.9% 10.5% 2.8% 56.7% -24.6%
DE Hospitality -1.9% -4% -9.2% -50.5% -16.8% -29.7%
DE Market 1.5% 1.3% 2.2% -5.8% 17.6% 8.7%
1 Year Return vs Industry and Market
  • GF8 outperformed the Hospitality industry which returned -50.5% over the past year.
  • GF8 outperformed the Market in Germany which returned -5.8% over the past year.
Price Volatility
GF8
Industry
5yr Volatility vs Market

Value

 Is Greek Organization of Football Prognostics undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Greek Organization of Football Prognostics to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Greek Organization of Football Prognostics.

DB:GF8 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 15.9%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:GF8
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 15%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.922 (1 + (1- 29%) (23%))
1.048
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.05
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.048 * 14.99%)
15.94%

Discounted Cash Flow Calculation for DB:GF8 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Greek Organization of Football Prognostics is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:GF8 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 15.94%)
2019 280.55 Analyst x4 241.97
2020 291.57 Analyst x3 216.89
2021 314.67 Analyst x3 201.89
2022 278.00 Analyst x1 153.84
2023 254.10 Est @ -8.6% 121.28
2024 238.97 Est @ -5.95% 98.37
2025 229.18 Est @ -4.1% 81.37
2026 222.77 Est @ -2.8% 68.22
2027 218.55 Est @ -1.89% 57.72
2028 215.81 Est @ -1.26% 49.16
Present value of next 10 years cash flows €1,290.72
DB:GF8 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €215.81 × (1 + 0.23%) ÷ (15.94% – 0.23%)
€1,376.40
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €1,376.40 ÷ (1 + 15.94%)10
€313.54
DB:GF8 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €1,290.72 + €313.54
€1,604.26
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €1,604.26 / 317.17
€5.06
DB:GF8 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:GF8 represents 0.97916x of ATSE:OPAP
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.97916x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 5.06 x 0.97916
€4.95
Value per share (EUR) From above. €4.95
Current discount Discount to share price of €9.87
= -1 x (€9.87 - €4.95) / €4.95
-99.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Greek Organization of Football Prognostics is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Greek Organization of Football Prognostics's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Greek Organization of Football Prognostics's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:GF8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in EUR €0.51
ATSE:OPAP Share Price ** ATSE (2019-06-25) in EUR €10.08
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.5x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.8x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Greek Organization of Football Prognostics.

DB:GF8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ATSE:OPAP Share Price ÷ EPS (both in EUR)

= 10.08 ÷ 0.51

19.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Greek Organization of Football Prognostics is overvalued based on earnings compared to the DE Hospitality industry average.
  • Greek Organization of Football Prognostics is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Greek Organization of Football Prognostics's expected growth come at a high price?
Raw Data
DB:GF8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
6%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.28x
Germany Market PEG Ratio Median Figure of 272 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

DB:GF8 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 19.92x ÷ 6%

3.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Greek Organization of Football Prognostics is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Greek Organization of Football Prognostics's assets?
Raw Data
DB:GF8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in EUR €2.46
ATSE:OPAP Share Price * ATSE (2019-06-25) in EUR €10.08
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 2.18x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.8x
DB:GF8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ATSE:OPAP Share Price ÷ Book Value per Share (both in EUR)

= 10.08 ÷ 2.46

4.1x

* Primary Listing of Greek Organization of Football Prognostics.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Greek Organization of Football Prognostics is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Greek Organization of Football Prognostics's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Greek Organization of Football Prognostics has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Greek Organization of Football Prognostics expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Greek Organization of Football Prognostics expected to grow at an attractive rate?
  • Greek Organization of Football Prognostics's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Greek Organization of Football Prognostics's earnings growth is positive but not above the Germany market average.
  • Greek Organization of Football Prognostics's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:GF8 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:GF8 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 6%
DB:GF8 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 9.1%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 21%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:GF8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:GF8 Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 1,668 298 191 1
2021-12-31 1,876 368 218 3
2020-12-31 1,930 351 209 6
2019-12-31 1,753 411 187 6
DB:GF8 Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-03-31 614 273 161
2018-12-31 606 253 143
2018-09-30 591 248 138
2018-06-30 583 253 142
2018-03-31 572 226 133
2017-12-31 565 245 126
2017-09-30 555 194 153
2017-06-30 538 148 134
2017-03-31 533 100 151
2016-12-31 546 94 170
2016-09-30 588 116 167
2016-06-30 593 190 187

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Greek Organization of Football Prognostics's earnings are expected to grow by 6% yearly, however this is not considered high growth (20% yearly).
  • Greek Organization of Football Prognostics's revenue is expected to grow by 9.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:GF8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Greek Organization of Football Prognostics Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GF8 Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 0.60 0.60 0.60 1.00
2021-12-31 0.69 0.82 0.59 4.00
2020-12-31 0.66 0.73 0.57 6.00
2019-12-31 0.60 0.63 0.53 6.00
DB:GF8 Past Financials Data
Date (Data in EUR Millions) EPS *
2019-03-31 0.51
2018-12-31 0.45
2018-09-30 0.43
2018-06-30 0.45
2018-03-31 0.42
2017-12-31 0.40
2017-09-30 0.48
2017-06-30 0.42
2017-03-31 0.47
2016-12-31 0.53
2016-09-30 0.52
2016-06-30 0.59

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Greek Organization of Football Prognostics is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Greek Organization of Football Prognostics's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Greek Organization of Football Prognostics has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Greek Organization of Football Prognostics performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Greek Organization of Football Prognostics's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Greek Organization of Football Prognostics's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Greek Organization of Football Prognostics's 1-year earnings growth exceeds its 5-year average (21% vs -6.2%)
  • Greek Organization of Football Prognostics's earnings growth has exceeded the DE Hospitality industry average in the past year (21% vs -2.6%).
Earnings and Revenue History
Greek Organization of Football Prognostics's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Greek Organization of Football Prognostics Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:GF8 Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 614.06 160.66 153.24
2018-12-31 605.89 143.31 152.58
2018-09-30 590.60 138.16 148.14
2018-06-30 583.34 142.47 145.32
2018-03-31 571.64 132.76 141.74
2017-12-31 564.74 126.15 140.06
2017-09-30 555.18 152.96 139.62
2017-06-30 537.67 134.16 136.38
2017-03-31 533.40 150.63 132.07
2016-12-31 546.17 170.24 130.53
2016-09-30 587.96 166.79 132.82
2016-06-30 593.12 186.61 125.36
2016-03-31 621.45 205.50 126.74
2015-12-31 625.34 210.72 127.72
2015-09-30 371.81 235.10 144.11
2015-06-30 482.61 239.64 144.31
2015-03-31 541.96 203.37 139.34
2014-12-31 613.49 195.00 142.05
2014-09-30 934.37 148.37 128.72
2014-06-30 897.76 139.09 131.61
2014-03-31 886.64 151.85 140.06
2013-12-31 874.52 141.12 148.29
2013-09-30 979.91 245.51 155.63
2013-06-30 1,061.40 314.75 153.45
2013-03-31 1,169.91 412.52 148.63
2012-12-31 1,302.11 505.49 141.42
2012-09-30 1,333.03 500.01 148.97
2012-06-30 1,372.48 521.80 154.44

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Greek Organization of Football Prognostics has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Greek Organization of Football Prognostics used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Greek Organization of Football Prognostics's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Greek Organization of Football Prognostics's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Greek Organization of Football Prognostics has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Greek Organization of Football Prognostics's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Greek Organization of Football Prognostics's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Greek Organization of Football Prognostics is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Greek Organization of Football Prognostics's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Greek Organization of Football Prognostics's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Greek Organization of Football Prognostics Company Filings, last reported 2 months ago.

DB:GF8 Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 815.46 650.88 240.39
2018-12-31 759.54 651.72 191.45
2018-09-30 758.21 651.67 189.38
2018-06-30 717.18 651.47 179.83
2018-03-31 798.16 729.26 290.38
2017-12-31 759.46 682.48 246.10
2017-09-30 959.61 582.39 347.84
2017-06-30 939.94 547.18 330.14
2017-03-31 1,110.08 559.30 476.73
2016-12-31 1,072.23 381.69 273.52
2016-09-30 1,059.29 353.43 186.65
2016-06-30 1,035.54 345.92 290.59
2016-03-31 1,256.49 157.00 343.17
2015-12-31 1,202.83 147.10 301.70
2015-09-30 1,152.76 113.60 226.41
2015-06-30 1,161.31 105.00 217.72
2015-03-31 1,293.52 0.00 264.58
2014-12-31 1,235.06 0.00 297.42
2014-09-30 1,229.69 0.00 176.56
2014-06-30 1,173.80 45.00 194.88
2014-03-31 1,174.96 20.00 168.07
2013-12-31 1,125.28 165.45 242.04
2013-09-30 1,092.21 215.67 288.80
2013-06-30 1,047.82 215.10 474.14
2013-03-31 1,201.28 251.45 498.48
2012-12-31 1,162.47 250.59 367.58
2012-09-30 1,031.51 286.18 340.70
2012-06-30 917.88 285.47 306.05
  • Greek Organization of Football Prognostics's level of debt (79.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.8% vs 79.8% today).
  • Debt is well covered by operating cash flow (42%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 12.6x coverage).
X
Financial health checks
We assess Greek Organization of Football Prognostics's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Greek Organization of Football Prognostics has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Greek Organization of Football Prognostics's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.94%
Current annual income from Greek Organization of Football Prognostics dividends. Estimated to be 7.63% next year.
If you bought €2,000 of Greek Organization of Football Prognostics shares you are expected to receive €139 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Greek Organization of Football Prognostics's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Greek Organization of Football Prognostics's dividend is above the markets top 25% of dividend payers in Germany (3.81%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:GF8 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:GF8 Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.87 1.00
2021-12-31 0.87 3.00
2020-12-31 0.80 7.00
2019-12-31 0.61 4.00
DB:GF8 Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-27 0.700 7.569
2018-03-27 1.100 12.291
2017-09-13 0.700 7.072
2017-03-29 0.720 7.547
2016-03-30 0.400 5.290
2015-05-26 0.702 10.035
2015-03-30 0.702 8.423
2014-11-25 0.460 5.256
2014-08-27 0.403 3.895
2014-03-31 0.250 2.096
2013-03-07 0.570 7.015
2012-03-21 0.720 13.661
2011-11-21 1.217 17.894
2011-03-16 1.220 12.380
2010-03-22 1.750 13.547
2009-05-26 2.200 12.977
2008-11-11 1.940 9.399

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have fallen over the past 10 years.
Current Payout to shareholders
What portion of Greek Organization of Football Prognostics's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (0.8x coverage).
X
Income/ dividend checks
We assess Greek Organization of Football Prognostics's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Greek Organization of Football Prognostics afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Greek Organization of Football Prognostics has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Greek Organization of Football Prognostics's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Damian Cope
TENURE AS CEO 2.9 years
CEO Bio

Mr. Damian Cope has been the Chief Executive Officer of Greek Organization of Football Prognostics S.A. since July 1, 2016 and has been its Executive Director since July 2016. Mr. Cope served as Managing Director of the International Arm at Ladbrokes Coral Group plc (alternate name, Ladbrokes PLC) and served as its Head of P&L for International Businesses since August 2012. Mr. Cope served as Managing director of e-commerce of Gala Coral Group Limited. Mr. Cope holds LLB in Law from Bristol University in 1988.

CEO Compensation
  • Insufficient data for Damian to compare compensation growth.
  • Insufficient data for Damian to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Greek Organization of Football Prognostics management team in years:

3
Average Tenure
39
Average Age
  • The tenure for the Greek Organization of Football Prognostics management team is about average.
Management Team

Kamil Ziegler

TITLE
Executive Chairman
AGE
56

Damian Cope

TITLE
CEO & Executive Director
TENURE
2.9 yrs

Michal Houst

TITLE
Deputy CEO
AGE
39

Konstantinos Tsilivis

TITLE
Chief Accounting Officer

Radim Haluza

TITLE
Chief Technology Officer
TENURE
3.2 yrs

Evagelos Maganas

TITLE
General Director of Administrative Services

Nikos Polymenakos

TITLE
Head of Investor Relations Division

Petr Matejovsky

TITLE
General Director of Marketing
AGE
39

Rene Langen

TITLE
Chief Project & Business Development Officer
TENURE
3.3 yrs

Isabelle Moser

TITLE
Chief People Officer
TENURE
2.4 yrs
Board of Directors Tenure

Average tenure and age of the Greek Organization of Football Prognostics board of directors in years:

5.6
Average Tenure
52
Average Age
  • The tenure for the Greek Organization of Football Prognostics board of directors is about average.
Board of Directors

Kamil Ziegler

TITLE
Executive Chairman
AGE
56

Damian Cope

TITLE
CEO & Executive Director
TENURE
2.9 yrs

Spyros Fokas

TITLE
A' Vice Chairman
AGE
64

Pavel Horák

TITLE
B' Vice-Chairman
AGE
46
TENURE
1.2 yrs

Michal Houst

TITLE
Deputy CEO
AGE
39
TENURE
5.6 yrs

Dimitrakis Potamitis

TITLE
Independent Non Executive Director
AGE
77

Pavel Saroch

TITLE
Non-Executive Director
AGE
48
TENURE
5.6 yrs

Christos Kopelouzos

TITLE
Non Executive Director
AGE
39
TENURE
5.6 yrs

Marco Sala

TITLE
Non Executive Director
AGE
59

Igor Rusek

TITLE
Independent Non Executive Director
TENURE
5.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Greek Organization of Football Prognostics's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Greek Organization of Football Prognostics has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Greek Organization of Football Prognostics S.A., together with its subsidiaries, operates and manages numerical lottery and sports betting games. It operates through Lotteries, Sports Betting, Instant & Passives, VLTs, Telecommunication & eMoney Services, and Other segments. The company holds rights to conduct, manage, organize, and operate six numerical lottery games comprising JOKER, LOTTO, PROTO, EXTRA 5, SUPER 3, and KINO; three sports and other betting games, such as PROPO, PROPOGOAL, and STIHIMA; two lottery games, including BINGO and SUPER 4; and Prognostika Agonon Basket and Prognostika Agonon Omadikon Athlimaton. It also holds license for the instalment and operation of 35,000 video lottery terminals; and license to produce, operate, circulate, and manage the state lotteries and Instant Scratch games, such as National Ticket, the Popular Ticket, the European Ticket, the Instant State Ticket or Scratch Ticket, the State Housing Ticket, and the New Year’s Eve Ticket in Greece. In addition, the company provides transaction services through electronic means; and intangible talk time selling, utility and bill payments, and electronic money services. Further, it engages in the design, production, adaptation, and maintenance of integrated information systems. Additionally, the company organizes and conducts terrestrial, and online mutual betting on horse races. The company offers its products and services through online and land-based sales’ network, including agents, street vendors, mini-markets, wholesalers, and 12,413 points of sales in Greece; and 201 shops in Cyprus. Greek Organisation of Football Prognostics S.A. was founded in 1958 and is based in Athens, Greece.

Details
Name: Greek Organization of Football Prognostics S.A.
GF8
Exchange: DB
Founded: 1958
€3,197,077,390
317,170,376
Website: http://www.opap.gr
Address: Greek Organization of Football Prognostics S.A.
112 Athinon Avenue,
Athens,
104 42,
Greece
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ATSE OPAP Ordinary Shares The Athens Stock Exchange GR EUR 25. Apr 2001
OTCPK GRKZ.F Ordinary Shares Pink Sheets LLC US USD 25. Apr 2001
DB GF8 Ordinary Shares Deutsche Boerse AG DE EUR 25. Apr 2001
LSE 0FI1 Ordinary Shares London Stock Exchange GB EUR 25. Apr 2001
OTCPK GOFP.Y UNSPONSORD ADR Pink Sheets LLC US USD 15. Jan 2009
Number of employees
Current staff
Staff numbers
1,512
Greek Organization of Football Prognostics employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 02:30
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2019/06/21
Last earnings filing: 2019/06/05
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.