Avax S.A., together with its subsidiaries, operates as a construction company in Greece and internationally. More Details
Questionable track record with imperfect balance sheet.
Share Price & News
How has Avax's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AVAX is more volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: AVAX's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Greek stocks.
7 Day Return
1 Year Return
Return vs Industry: AVAX exceeded the Greek Construction industry which returned 61.4% over the past year.
Return vs Market: AVAX exceeded the Greek Market which returned -26.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Avax's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StThere Are Some Holes In Avax's (ATH:AVAX) Solid Earnings Release
1 month ago | Simply Wall StShould You Be Concerned About Avax S.A.'s (ATH:AVAX) ROE?
2 months ago | Simply Wall StDid You Participate In Any Of Avax's (ATH:AVAX) Incredible 350% Return?
Is Avax undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AVAX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AVAX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AVAX is poor value based on its PE Ratio (23.9x) compared to the European Construction industry average (15.1x).
PE vs Market: AVAX is poor value based on its PE Ratio (23.9x) compared to the Greek market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AVAX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AVAX is overvalued based on its PB Ratio (2x) compared to the GR Construction industry average (1.3x).
How is Avax forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Avax 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.
How has Avax performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AVAX has a high level of non-cash earnings.
Growing Profit Margin: AVAX became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AVAX has become profitable over the past 5 years, growing earnings by 12.1% per year.
Accelerating Growth: AVAX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AVAX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (0.7%).
Return on Equity
High ROE: AVAX's Return on Equity (7.2%) is considered low.
How is Avax's financial position?
Financial Position Analysis
Short Term Liabilities: AVAX's short term assets (€612.5M) exceed its short term liabilities (€544.6M).
Long Term Liabilities: AVAX's short term assets (€612.5M) exceed its long term liabilities (€576.2M).
Debt to Equity History and Analysis
Debt Level: AVAX's debt to equity ratio (615.4%) is considered high.
Reducing Debt: AVAX's debt to equity ratio has increased from 332.3% to 615.4% over the past 5 years.
Debt Coverage: AVAX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if AVAX's interest payments on its debt are well covered by EBIT.
What is Avax current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AVAX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AVAX'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 AVAX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AVAX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AVAX is not paying a notable dividend for the Greek market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AVAX's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Constantine Mitzalis serves as Managing Director of J&P-Avax S.A. Previously he was its Vice Chairman of J&P-Avax S.A. till March 2019.
Experienced Board: AVAX's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Avax S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Avax S.A.
- Ticker: AVAX
- Exchange: ATSE
- Founded: 1986
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: €155.579m
- Shares outstanding: 144.32m
- Website: https://www.avax.gr
Number of Employees
- Avax S.A.
- 16 Amarousiou-Halandriou Street
- 151 25
Avax S.A., together with its subsidiaries, operates as a construction company in Greece and internationally. It operates through four segments: Construction, Concessions, Energy, and Other Activities. The ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/24 06:09|
|End of Day Share Price||2021/06/23 00:00|
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.