ATSE:CENER

Stock Analysis Report

Executive Summary

Cenergy Holdings SA manufactures and sells steel pipes and cables worldwide.

Snowflake

Fundamentals

Overvalued with worrying balance sheet.

Risks

  • Cenergy Holdings is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

2.8%

ATSE:CENER

3.1%

GR Electrical

1.2%

GR Market


1 Year Return

25.0%

ATSE:CENER

4.0%

GR Electrical

19.4%

GR Market

CENER outperformed the Electrical industry which returned 4% over the past year.

CENER outperformed the Market in Greece which returned 19.4% over the past year.


Share holder returns

CENERIndustryMarket
7 Day2.8%3.1%1.2%
30 Day4.4%11.1%9.3%
90 Day-4.5%3.8%3.0%
1 Year25.0%25.0%7.0%4.0%23.2%19.4%
3 Yearn/a16.5%6.4%66.6%51.5%
5 Yearn/a46.4%-29.9%-80.1%-80.7%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Cenergy Holdings undervalued based on future cash flows and its price relative to the stock market?

38.47x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Cenergy Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Cenergy Holdings to establish if it is available at substantial discount.


Price Based on Earnings

Cenergy Holdings is overvalued based on earnings compared to the Europe Electrical industry average.

Cenergy Holdings is overvalued based on earnings compared to the Greece market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Cenergy Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Cenergy Holdings is good value based on assets compared to the Europe Electrical industry average.


Next Steps

Future Growth

How is Cenergy Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.4%

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 Cenergy Holdings 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 Cenergy Holdings performed over the past 5 years?

27.1%

Last years revenue growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient data to establish if Cenergy Holdings's year on year earnings growth rate was positive over the past 5 years.

Cenergy Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Cenergy Holdings has become profitable in the last year making it difficult to compare the Europe Electrical industry average.


Return on Equity

Cenergy Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Cenergy Holdings used its assets less efficiently than the Europe Electrical industry average last year based on Return on Assets.


Return on Capital Employed

Cenergy Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Cenergy Holdings's financial position?


Financial Position Analysis

Cenergy Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Cenergy Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Cenergy Holdings's level of debt (264.1%) compared to net worth is high (greater than 40%).

Unable to establish if Cenergy Holdings's debt level has increased without past 5-year debt data.

Operating cash flow is negative therefore debt is not well covered.

Interest payments on debt are not well covered by earnings (EBIT is 1.1x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.1x debt.


Next Steps

Dividend

What is Cenergy Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Cenergy Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Cenergy Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Cenergy Holdings has not reported any payouts.

Unable to verify if Cenergy Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Cenergy Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Cenergy Holdings's salary, the management and board of directors tenure and is there insider trading?

3.7yrs

Average board tenure


CEO

Alexios Alexiou 0

0yrs

Tenure

0

Mr. Alexis Alexiou serves as Co-Chief Executive Officer of Cenergy Holdings S.A. Mr. Alexiou has been General Manager and executive member of the board of directors for the Hellenic Cables Group, a member  ...


Board Age and Tenure

3.7yrs

Average Tenure

The tenure for the Cenergy Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Jacques Moulaert

    President of the Board & Company Secretary

    • Tenure: 3.7yrs
    • Compensation: €50.00k
  • Dimitrios Kiriakopoulos

    Executive VP & Director

    • Tenure: 2.3yrs
    • Compensation: €25.00k
  • Sofia Zairi

    Head of Investor Relations

    • Tenure: 0yrs
  • Alexandros Benos (53yo)

    Chief Financial Officer

    • Tenure: 0yrs
  • Ilias Bekiros

    Co-Chief Executive Officer

    • Tenure: 0.7yrs
  • Alexios Alexiou

    Co-Chief Executive Officer

    • Tenure: 0yrs

Board Members

  • Joseph Rutkowski (64yo)

    Non-Executive & Independent Director

    • Tenure: 3.7yrs
    • Compensation: €50.00k
  • Manuel Iraola (70yo)

    Non-Executive Director

    • Tenure: 2yrs
    • Compensation: €37.50k
  • Jacques Moulaert

    President of the Board & Company Secretary

    • Tenure: 3.7yrs
    • Compensation: €50.00k
  • Dimitrios Kiriakopoulos

    Executive VP & Director

    • Tenure: 2.3yrs
    • Compensation: €25.00k
  • Xavier Bedoret

    Non-Executive Director

    • Tenure: 3.7yrs
    • Compensation: €50.00k
  • Simon Macvicker

    Non-Executive Director

    • Tenure: 3.7yrs
    • Compensation: €50.00k
  • William Gallagher

    Non-Executive & Independent Director

    • Tenure: 3.7yrs
    • Compensation: €50.00k
  • Rudolf Wiedenmann

    Non-Executive Director

    • Tenure: 0.8yrs
    • Compensation: €12.50k

Company Information

Cenergy Holdings SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cenergy Holdings SA
  • Ticker: CENER
  • Exchange: ATSE
  • Founded: 1949
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: €263.946m
  • Shares outstanding: 190.16m
  • Website: https://www.cenergyholdings.com

Number of Employees


Location

  • Cenergy Holdings SA
  • Avenue Marnix 30
  • Brussels
  • Brussels
  • 1000
  • Belgium

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CENERENXTBR (Euronext Brussels)YesOrdinary SharesBEEURDec 2016
CENERATSE (The Athens Stock Exchange)YesOrdinary SharesGREURDec 2016
9CNBST (Boerse-Stuttgart)YesOrdinary SharesDEEURDec 2016

Biography

Cenergy Holdings SA manufactures and sells steel pipes and cables worldwide. It operates in two segments, Cables and Steel Pipes. The company offers high and extra high voltage submarine and land cables, l ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/17 21:57
End of Day Share Price2019/09/17 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.