ATSE:CENER

Stock Analysis Report

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Executive Summary

Cenergy Holdings SA, a holding company, manufactures and sells steel pipes and cables worldwide. More Details


Snowflake Analysis

Undervalued with solid track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-3.9%

CENER

-2.7%

GR Electrical

-5.8%

GR Market


1 Year Return

-27.6%

CENER

27.0%

GR Electrical

-24.8%

GR Market

Return vs Industry: CENER underperformed the Greek Electrical industry which returned 27% over the past year.

Return vs Market: CENER underperformed the Greek Market which returned -24.8% over the past year.


Shareholder returns

CENERIndustryMarket
7 Day-3.9%-2.7%-5.8%
30 Day6.2%-1.4%-1.9%
90 Day11.0%14.4%-2.5%
1 Year-27.6%-27.6%30.1%27.0%-21.8%-24.8%
3 Year-5.7%-5.7%25.1%14.6%-5.0%-13.8%
5 Yearn/a89.9%-10.1%-61.6%-63.6%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CENER (€0.99) is trading below our estimate of fair value (€2.74)

Significantly Below Fair Value: CENER is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CENER is good value based on its PE Ratio (8.8x) compared to the XE Electrical industry average (24.7x).

PE vs Market: CENER is good value based on its PE Ratio (8.8x) compared to the Greek market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CENER is good value based on its PB Ratio (0.8x) compared to the XE Electrical industry average (2.6x).


Next Steps

Future Growth

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

13.9%

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?

65.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CENER has high quality earnings.

Growing Profit Margin: CENER's current net profit margins (2.3%) are higher than last year (0.7%).


Past Earnings Growth Analysis

Earnings Trend: CENER's earnings have grown significantly by 65.3% per year over the past 5 years.

Accelerating Growth: CENER's earnings growth over the past year (194.3%) exceeds its 5-year average (65.3% per year).

Earnings vs Industry: CENER earnings growth over the past year (194.3%) exceeded the Electrical industry -10.3%.


Return on Equity

High ROE: CENER's Return on Equity (8.5%) is considered low.


Next Steps

Financial Health

How is Cenergy Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: CENER's short term assets (€550.8M) exceed its short term liabilities (€548.7M).

Long Term Liabilities: CENER's short term assets (€550.8M) exceed its long term liabilities (€261.6M).


Debt to Equity History and Analysis

Debt Level: CENER's debt to equity ratio (198.4%) is considered high.

Reducing Debt: Insufficient data to determine if CENER's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: CENER's debt is well covered by operating cash flow (23.3%).

Interest Coverage: CENER's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if CENER'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 CENER'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?

4.7yrs

Average board tenure


CEO

Alexios Alexiou

no data

Tenure

€280,000

Compensation

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 Members

NamePositionTenureCompensationOwnership
Jacques Moulaert
Chairman of the Board & Company Secretary4.67yrs€50.00kno data
Dimitrios Kiriakopoulos
Vice Chairman & Executive VP3yrs€25.00kno data
Joseph Rutkowski
Independent Non-Executive Director4.67yrs€50.00kno data
Manuel Iraola
Independent Non-Executive Director3yrs€50.00kno data
Xavier Bedoret
Non-Executive Director4.67yrs€50.00kno data
Simon Macvicker
Non-Executive Director4.67yrs€50.00kno data
William Gallagher
Independent Non-Executive Director4.67yrs€50.00kno data
Rudolf Wiedenmann
Non-Executive Director1.83yrs€25.00kno data
Marina Ochanesoglou
Independent Non Executive Director0.67yrno datano data

4.7yrs

Average Tenure

Experienced Board: CENER's board of directors are considered experienced (4.7 years average tenure).


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

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: €177.992m
  • 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
0RL2LSE (London Stock Exchange)YesOrdinary SharesGBEURDec 2016
9CNBST (Boerse-Stuttgart)YesOrdinary SharesDEEURDec 2016
CENERBBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURDec 2016

Biography

Cenergy Holdings SA, a holding company, 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 submarin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/25 03:14
End of Day Share Price2020/09/24 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.