How does 0JAC's PE Ratio compare to its peers?

0JAC is good value based on its Price-To-Earnings Ratio (5.3x) compared to the peer average (86.9x).

How does 0JAC's PE Ratio compare vs other companies in the European Chemicals Industry?

0JAC is good value based on its Price-To-Earnings Ratio (5.3x) compared to the European Chemicals industry average (12.4x).

What is 0JAC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 0JAC's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of 0JAC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

0JAC (€4.09) is trading above our estimate of [[fair value]] (€3.23)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

0JAC Stock Overview

Produces and distributes polypropylene products in Greece and internationally. More details

0JAC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	1/6
Financial Health	5/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (5.3x) is below the UK market (14.7x)

Revenue is forecast to grow 7.36% per year

Risk Analysis

Earnings are forecast to decline by an average of 1.6% per year for the next 3 years

High level of non-cash earnings

Shares are highly illiquid

Profit margins (8.1%) are lower than last year (18.2%)

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Thrace Plastics Holding Company S.A. Competitors

Zotefoams

LSE:ZTF

UK£149.7m

Treatt

LSE:TET

UK£296.8m

Castings

LSE:CGS

UK£113.4m

Capital

LSE:CAPD

UK£166.4m

Price History & Performance

Summary of share price highs, lows and changes for Thrace Plastics Holding
Historical stock prices
Current Share Price	€4.09
52 Week High	€4.09
52 Week Low	€4.09
Beta	1.38
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	59.14%

Recent updates

Shareholder Returns

	0JAC	GB Chemicals	GB Market
7D	0%	-3.2%	-1.5%
1Y	n/a	-25.5%	3.5%

Return vs Industry: Insufficient data to determine how 0JAC performed against the UK Chemicals industry.

Return vs Market: Insufficient data to determine how 0JAC performed against the UK Market.

Price Volatility

Is 0JAC's price volatile compared to industry and market?
0JAC volatility
0JAC Average Weekly Movement	n/a
Chemicals Industry Average Movement	5.8%
Market Average Movement	4.9%
10% most volatile stocks in GB Market	10.6%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0JAC has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 0JAC's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1977	2,190	Dimitrios Malamos	www.thracegroup.com

Thrace Plastics Holding Company S.A. produces and distributes polypropylene products in Greece and internationally. The company provides various technical fabrics, such as woven and non-woven geotextiles, geogrids, geocomposites, geosynthetic clay liners, drainage geonets, geobags, silt fences, erosion control mats, and mini rolls, as well as geosynthetic reactive clay with attapulgite clay; stadium seats, ridge fabrics, roofing membranes, housewraps, concrete fibers, scaffolding, road safety nets, and vapor control layers for use in the construction sector; and ground covers, root barriers, weather protection and crop covers, foliage removal fabrics, heavy-duty frost protection fabrics, olive collection, mulching, nets, cages/screens/shades, ropes and twines, and mulch film for agri/horticulture/aquaculture. It also offers fabrics for landscape gardening; trampoline fabrics and pool covers for sport and leisure use; gowns and drapes, materials for surgical masks, FFP2 masks, safe smile masks, surgical masks, medical wipes, ostomy, and mattress protection fabrics for medical and hygiene use; air and liquid filtration fabrics; and covering-separation, pocket spring, and table cloth fabrics, as well as fabrics for aquashield and bedding reinforcements.

Thrace Plastics Holding Company S.A. Fundamentals Summary

How do Thrace Plastics Holding's earnings and revenue compare to its market cap?
0JAC fundamental statistics
Market cap	€174.11m
Earnings (TTM)	€33.15m
Revenue (TTM)	€406.85m

5.3x

P/E Ratio

0.4x

P/S Ratio

Is 0JAC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0JAC income statement (TTM)
Revenue	€406.85m
Cost of Revenue	€308.97m
Gross Profit	€97.89m
Other Expenses	€64.74m
Earnings	€33.15m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.77
Gross Margin	24.06%
Net Profit Margin	8.15%
Debt/Equity Ratio	23.3%

How did 0JAC perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

21%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2022/11/21 04:57
End of Day Share Price	2022/08/24 00:00
Earnings	2022/06/30
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Thrace Plastics Holding Company S.A. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Natalya Davies	Edison Investment Research
Katerina Zaharopoulou	Eurobank Equities Investment Firm S.A.
Natalia Svyrou Svyriadi	Eurobank Equities Investment Firm S.A.