ATSE:EUROB

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Eurobank Ergasias Services and Holdings

Market Cap

€3.2b

Last Updated

2021/06/14 16:45 UTC

Data Sources

Company Financials +

Executive Summary

Eurobank Ergasias Services and Holdings S.A. More Details

Rewards

Earnings are forecast to grow 75.81% per year

Risk Analysis

No risks detected for EUROB from our risk checks.


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.

Share Price & News

How has Eurobank Ergasias Services and Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EUROB is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: EUROB's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

8.3%

EUROB

6.4%

GR Banks

2.3%

GR Market


1 Year Return

118.0%

EUROB

-71.3%

GR Banks

-21.2%

GR Market

Return vs Industry: EUROB exceeded the Greek Banks industry which returned -71.3% over the past year.

Return vs Market: EUROB exceeded the Greek Market which returned -21.2% over the past year.


Shareholder returns

EUROBIndustryMarket
7 Day8.3%6.4%2.3%
30 Day10.6%4.0%2.4%
90 Day20.4%-55.7%-14.1%
1 Year122.2%118.0%-71.3%-71.3%-19.8%-21.2%
3 Year-7.8%-9.6%-86.1%-86.1%-47.5%-49.3%
5 Year9.7%7.6%-89.8%-89.8%-55.9%-57.5%

Long-Term Price Volatility Vs. Market

How volatile is Eurobank Ergasias Services and Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Eurobank Ergasias Services and Holdings undervalued compared to its fair value and its price relative to the market?

0.6x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: EUROB (€0.86) is trading above our estimate of fair value (€0.33)

Significantly Below Fair Value: EUROB is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EUROB is unprofitable, so we can't compare its PE Ratio to the European Banks industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EUROB is overvalued based on its PB Ratio (0.6x) compared to the GR Banks industry average (0.4x).


Future Growth

How is Eurobank Ergasias Services and Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

75.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EUROB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.9%).

Earnings vs Market: EUROB is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EUROB's is expected to become profitable in the next 3 years.

Revenue vs Market: EUROB's revenue (11.1% per year) is forecast to grow faster than the Greek market (7.8% per year).

High Growth Revenue: EUROB's revenue (11.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EUROB's Return on Equity is forecast to be low in 3 years time (9.3%).


Past Performance

How has Eurobank Ergasias Services and Holdings performed over the past 5 years?

-45.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EUROB is currently unprofitable.

Growing Profit Margin: EUROB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EUROB is unprofitable, and losses have increased over the past 5 years at a rate of 45% per year.

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

Earnings vs Industry: EUROB is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (2.8%).


Return on Equity

High ROE: EUROB has a negative Return on Equity (-22.55%), as it is currently unprofitable.


Financial Health

How is Eurobank Ergasias Services and Holdings's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: EUROB's Assets to Equity ratio (12.9x) is moderate.

Allowance for Bad Loans: EUROB has a low allowance for bad loans (61%).

Low Risk Liabilities: 76% of EUROB's liabilities are made up of primarily low risk sources of funding.

Loan Level: EUROB has an appropriate level of Loans to Assets ratio (55%).

Low Risk Deposits: EUROB's Loans to Deposits ratio (78%) is appropriate.

Level of Bad Loans: EUROB has a high level of bad loans (14.1%).


Dividend

What is Eurobank Ergasias Services and Holdings's current dividend yield, its reliability and sustainability?

0.81%

Forecast Dividend Yield


Dividend Yield vs Market

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

High Dividend: Unable to evaluate EUROB'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 EUROB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EUROB'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 EUROB's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.


Next Steps

Management

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

6.5yrs

Average management tenure


CEO

Fokion Karavias (56 yo)

6.33yrs

Tenure

Mr. Fokion C. Karavias has been the Chief Executive Officer of Eurobank Ergasias Services and Holdings SA (formerly known as Eurobank Ergasias SA). since February 1, 2015 and serves as its Chairman of Exec...


Leadership Team

Experienced Management: EUROB's management team is seasoned and experienced (6.5 years average tenure).


Board Members

Experienced Board: EUROB's board of directors are not considered experienced ( 2.9 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

Eurobank Ergasias Services and Holdings S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Eurobank Ergasias Services and Holdings S.A.
  • Ticker: EUROB
  • Exchange: ATSE
  • Founded: 1990
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €3.203b
  • Shares outstanding: 3.71b
  • Website: https://www.eurobankholdings.gr

Number of Employees


Location

  • Eurobank Ergasias Services and Holdings S.A.
  • 8 Othonos Street
  • Athens
  • 105 57
  • Greece

Listings


Biography

Eurobank Ergasias Services and Holdings S.A. provides retail; corporate and private banking; asset management; treasury; capital markets; and other services primarily in Greece; and Central and Southeaster...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/14 16:45
End of Day Share Price2021/06/14 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.