ATSE:ELTRK

Stock Analysis Report

Executive Summary

Eltrak S.A. distributes equipment for the earthmoving, power generating, lifting, and marine industries in Greece and Bulgaria.

Snowflake

Fundamentals

Mediocre balance sheet second-rate dividend payer.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

ELTRK

-1.3%

GR Trade Distributors

1.0%

GR Market


1 Year Return

57.1%

ELTRK

36.9%

GR Trade Distributors

29.6%

GR Market

Return vs Industry: ELTRK exceeded the Greek Trade Distributors industry which returned 36.9% over the past year.

Return vs Market: ELTRK exceeded the Greek Market which returned 29.6% over the past year.


Shareholder returns

ELTRKIndustryMarket
7 Day0%-1.3%1.0%
30 Day0%-3.6%-0.04%
90 Day3.1%-2.9%1.5%
1 Year57.1%57.1%40.5%36.9%33.8%29.6%
3 Year276.9%142.6%156.9%106.2%57.6%43.6%
5 Year300.4%157.8%159.7%107.6%-78.2%-78.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.99x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: ELTRK (€3.3) is trading above our estimate of fair value (€2.13)

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


Price To Earnings Ratio

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

PE vs Market: ELTRK 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 ELTRK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ELTRK is overvalued based on its PB Ratio (1x) compared to the GR Trade Distributors industry average (0.9x).


Next Steps

Future Growth

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

39.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

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

High Growth Revenue: Insufficient data to determine if ELTRK'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 ELTRK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Eltrak performed over the past 5 years?

-22.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: ELTRK is unprofitable, and losses have increased over the past 5 years at a rate of -22.2% per year.

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

Earnings vs Industry: ELTRK is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (7.5%).


Return on Equity

High ROE: ELTRK has a negative Return on Equity (-17.41%), as it is currently unprofitable.


Return on Assets

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


Return on Capital Employed

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


Next Steps

Financial Health

How is Eltrak's financial position?


Financial Position Analysis

Short Term Liabilities: ELTRK's short term assets (€58.3M) exceeds its short term liabilities (€50.3M)

Long Term Liabilities: ELTRK's short term assets (58.3M) exceeds its long term liabilities (8.9M)


Debt to Equity History and Analysis

Debt Level: ELTRK's debt to equity ratio (73.5%) is considered high

Reducing Debt: ELTRK's debt to equity ratio has increased from 41.4% to 73.5% over the past 5 years.

Debt Coverage: ELTRK's debt is well covered by operating cash flow (24.2%).

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


Balance Sheet

Inventory Level: ELTRK has a high level of physical assets or inventory.

Debt Coverage by Assets: ELTRK's debt is covered by short term assets (assets are 1.700000x debt).


Next Steps

Dividend

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

20.88%

Current Dividend Yield


Dividend Yield vs Market

company20.9%marketbottom25%1.9%markettop25%3.6%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: ELTRK's dividend (20.88%) is higher than the bottom 25% of dividend payers in the Greek market (1.86%).

High Dividend: ELTRK's dividend (20.88%) is in the top 25% of dividend payers in the Greek market (3.63%)

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

Growing Dividend: ELTRK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: ELTRK 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 Eltrak's salary, the management and board of directors tenure and is there insider trading?

0.3yrs

Average board tenure


CEO

Natasha Covas-Kneiss 0

0.3yrs

Tenure

0

Ms. Natasha Covas-Kneiss serves as the President and Director of Eltrekka S.A. Ms. Covas-Kneiss has been Chief Executive officer at Eltrak S.A. since July 2019 and is Executive Vice Chairman since 2018. Ms ...


Board Age and Tenure

0.3yrs

Average Tenure

Experienced Board: ELTRK's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


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

  • Natasha Covas-Kneiss

    CEO & Executive Vice Chairman

    • Tenure: 0.3yrs
  • Alexandra Polites

    Advertising & Promotion Manager

    • Tenure: 0yrs
  • Fragkiskos Doukeris

    Executive Director

    • Tenure: 2.3yrs
  • Georgios Skourtas

    Accounting Manager

    • Tenure: 0yrs

Board Members

  • Natasha Covas-Kneiss

    CEO & Executive Vice Chairman

    • Tenure: 0.3yrs
  • Fragkiskos Doukeris

    Executive Director

    • Tenure: 2.3yrs
  • Alexei Schreier

    Non-Executive Chairman of the Board

    • Tenure: 0.3yrs
  • Constantinos Schoinas

    Non-Executive Director

    • Tenure: 0.3yrs
  • Athanasios Tsotsoros

    Independent Non-Executive Director

    • Tenure: 0.3yrs
  • Konstantinos Mitropoulos

    Independent Non-Executive Director

    • Tenure: 0.3yrs

Company Information

Eltrak S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Eltrak S.A.
  • Ticker: ELTRK
  • Exchange: ATSE
  • Founded: 1982
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: €46.368m
  • Shares outstanding: 14.05m
  • Website: https://www.eltrak.gr

Location

  • Eltrak S.A.
  • 15, Thivaidos Street
  • Nea Kifissia
  • Athens
  • 14564
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELTRKATSE (The Athens Stock Exchange)YesNominal Ordinary SharesGREURJul 1993
0ELBST (Boerse-Stuttgart)YesNominal Ordinary SharesDEEURJul 1993

Biography

Eltrak S.A. distributes equipment for the earthmoving, power generating, lifting, and marine industries in Greece and Bulgaria. Its earthmoving products include articulated trucks, asphalt pavers, backhoe  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 20:41
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.