Frigoglass S.A.I.C., together with its subsidiaries, manufactures, trades in, and distributes commercial refrigeration units and packaging materials for the beverage industry. More Details
Imperfect balance sheet and overvalued.
Share Price & News
How has FrigoglassI.C's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FRIGO is more volatile than 90% of Greek stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: FRIGO'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: FRIGO underperformed the Greek Machinery industry which returned 55.9% over the past year.
Return vs Market: FRIGO underperformed the Greek Market which returned -8.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is FrigoglassI.C's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StEstimating The Intrinsic Value Of Frigoglass S.A.I.C. (ATH:FRIGO)
11 months ago | Simply Wall StDid Changing Sentiment Drive FrigoglassI.C's (ATH:FRIGO) Share Price Down A Disastrous 98%?
1 year ago | Simply Wall StAre FrigoglassI.C's (ATH:FRIGO) Statutory Earnings A Good Guide To Its Underlying Profitability?
Is FrigoglassI.C undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FRIGO (€0.1) is trading below our estimate of fair value (€0.11)
Significantly Below Fair Value: FRIGO is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FRIGO is unprofitable, so we can't compare its PE Ratio to the European Machinery industry average.
PE vs Market: FRIGO is unprofitable, so we can't compare its PE Ratio to the Greek market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FRIGO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FRIGO has negative assets, so we can't compare its PB Ratio to the XE Machinery industry average.
How is FrigoglassI.C 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 FrigoglassI.C 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 FrigoglassI.C performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FRIGO is currently unprofitable.
Growing Profit Margin: FRIGO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FRIGO is unprofitable, but has reduced losses over the past 5 years at a rate of 45.7% per year.
Accelerating Growth: Unable to compare FRIGO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FRIGO is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-11.6%).
Return on Equity
High ROE: FRIGO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is FrigoglassI.C's financial position?
Financial Position Analysis
Short Term Liabilities: FRIGO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: FRIGO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: FRIGO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: FRIGO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FRIGO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FRIGO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.4% per year.
What is FrigoglassI.C current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FRIGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FRIGO'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 FRIGO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FRIGO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FRIGO is not paying a notable dividend for the Greek market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FRIGO'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 management tenure
Mr. Nikolaos Mamoulis, also known as Nikos, has been the Chief Executive Officer at Frigoglass SAIC since July 10, 2015 and serves as its Managing Director. Mr. Mamoulis served as the Chief Financial Offic...
Experienced Management: FRIGO's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: FRIGO's board of directors are considered experienced (3.5 years average tenure).
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.
Frigoglass S.A.I.C.'s company bio, employee growth, exchange listings and data sources
- Name: Frigoglass S.A.I.C.
- Ticker: FRIGO
- Exchange: ATSE
- Founded: 1996
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €34.122m
- Shares outstanding: 355.44m
- Website: https://www.frigoglass.com
Number of Employees
- Frigoglass S.A.I.C.
- 15, A. Metaxa Street
- 145 64
Frigoglass S.A.I.C., together with its subsidiaries, manufactures, trades in, and distributes commercial refrigeration units and packaging materials for the beverage industry. The company operates through ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 16:21|
|End of Day Share Price||2021/05/14 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.