ATSE:EKTER

Stock Analysis Report

Executive Summary

Ekter SA operates as a construction company.

Snowflake

Fundamentals

Mediocre balance sheet not a dividend payer.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

EKTER

3.2%

GR Construction

2.7%

GR Market


1 Year Return

29.7%

EKTER

41.4%

GR Construction

28.4%

GR Market

Return vs Industry: EKTER underperformed the Greek Construction industry which returned 41.4% over the past year.

Return vs Market: EKTER exceeded the Greek Market which returned 28.4% over the past year.


Shareholder returns

EKTERIndustryMarket
7 Day0%3.2%2.7%
30 Day-29.2%-2.3%0.9%
90 Day-25.6%-0.07%1.3%
1 Year32.7%29.7%41.5%41.4%32.5%28.4%
3 Year219.7%196.4%110.7%93.9%56.7%42.9%
5 Year232.5%156.9%22.9%14.9%-77.5%-78.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Ekter undervalued compared to its fair value and its price relative to the market?

0.75x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: EKTER (€1.31) is trading above our estimate of fair value (€0.16)

Significantly Undervalued: EKTER is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EKTER is overvalued based on its PB Ratio (0.8x) compared to the GR Construction industry average (0.7x).


Next Steps

Future Growth

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

41.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EKTER is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: EKTER is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: EKTER is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if EKTER's revenue is forecast to grow faster than the Greek market.

High Growth Revenue: Insufficient data to determine if EKTER's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if EKTER's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Ekter performed over the past 5 years?

-6.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EKTER is unprofitable, and losses have increased over the past 5 years at a rate of -6.1% per year.

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

Earnings vs Industry: EKTER is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (8.1%).


Return on Equity

High ROE: EKTER has a negative Return on Equity (-1.25%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: EKTER is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: EKTER is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Ekter's financial position?


Financial Position Analysis

Short Term Liabilities: EKTER's short term assets (€16.1M) exceeds its short term liabilities (€7.5M)

Long Term Liabilities: EKTER's short term assets (16.1M) exceeds its long term liabilities (742.7K)


Debt to Equity History and Analysis

Debt Level: EKTER's debt to equity ratio (17.9%) is considered satisfactory

Reducing Debt: EKTER's debt to equity ratio has increased from 0.2% to 17.9% over the past 5 years.

Debt Coverage: EKTER's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: EKTER is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: EKTER has a low level of unsold assets or inventory.

Debt Coverage by Assets: EKTER's debt is covered by short term assets (assets are 4.594220x debt).


Next Steps

  • Explore more healthy companies in the Capital Goods industry.

Dividend

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

3.05%

Current Dividend Yield


Dividend Yield vs Market

company3.1%marketbottom25%1.9%markettop25%3.6%industryaverage3.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: EKTER's dividend (3.05%) is higher than the bottom 25% of dividend payers in the Greek market (1.89%).

High Dividend: EKTER's dividend (3.05%) is low compared to the top 25% of dividend payers in the Greek market (3.62%).

Stable Dividend: EKTER's dividend payments have been volatile in the past 10 years.

Growing Dividend: EKTER's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: EKTER is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Konstantinos Stoumpos (61yo)

7.8yrs

Tenure

0

Mr. Konstantinos Stoumpos has been Executive Vice Chairman of the Board of Directors and Chief Executive Officer and Managing Director at Ekter SA since 2012. Mr. Stoumpos served as a General & Technical M ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Athanasios Sipsas (69yo)

    Executive Chairman of the Board

    • Tenure: 17.8yrs
  • Kyriakos Christofas (49yo)

    Financial Director & Head of Accounting Department

    • Tenure: 0yrs
  • Konstantinos Stoumpos (61yo)

    Executive Vice Chairman

    • Tenure: 7.8yrs
  • Ioannis Ioannidis (60yo)

    Project Manager and Business Development Administrator

    • Tenure: 0yrs
  • Pavlos Psilakis (51yo)

    Project Manager and Technical Administrator

    • Tenure: 0yrs
  • Apostolos Bakogiannis (46yo)

    Director of the Construction Department and Project Manager

    • Tenure: 0yrs
  • Panagiotis Sirigos (53yo)

    Head of the Supplies Department

    • Tenure: 0yrs
  • Jenny Chronopoulou (49yo)

    Head of the Public Relations Department and Secretary

    • Tenure: 0yrs

Board Members

  • Athanasios Sipsas (69yo)

    Executive Chairman of the Board

    • Tenure: 17.8yrs
  • Androniki Ioannidou (57yo)

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Konstantinos Stoumpos (61yo)

    Executive Vice Chairman

    • Tenure: 7.8yrs
  • Aristeidis Papadopoulos

    Independent Non-Executive Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Ekter SA
  • Ticker: EKTER
  • Exchange: ATSE
  • Founded: 1959
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €14.738m
  • Shares outstanding: 11.25m
  • Website: https://www.ekter.gr

Location

  • Ekter SA
  • 15 Nikis street
  • Athens
  • 105 57
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EKTERATSE (The Athens Stock Exchange)YesOrdinary SharesGREURJan 1995

Biography

Ekter SA operates as a construction company. It undertakes various construction projects, including infrastructure projects, hospitals, airports, museums, buildings and renovations, villas, hotels, medical ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 20:35
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.