ATSE:GEKTERNA

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GEK TERNA Holdings Real Estate Construction

Market Cap

€900.5m

Last Updated

2021/08/04 21:35 UTC

Data Sources

Company Financials +

Executive Summary

GEK TERNA Holdings, Real Estate, Construction S.A., together with its subsidiaries, engages in the construction, energy, real estate, industrial, and concession businesses in Greece, the Balkans, the Middle East, Eastern Europe, the United States, and internationally. More Details


Snowflake Analysis

Reasonable growth potential and slightly overvalued.

Share Price & News

How has GEK TERNA Holdings Real Estate Construction's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GEKTERNA is less volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: GEKTERNA's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

1.2%

GEKTERNA

2.7%

GR Construction

2.0%

GR Market


1 Year Return

57.2%

GEKTERNA

57.3%

GR Construction

-17.4%

GR Market

Return vs Industry: GEKTERNA matched the Greek Construction industry which returned 57.3% over the past year.

Return vs Market: GEKTERNA exceeded the Greek Market which returned -17.4% over the past year.


Shareholder returns

GEKTERNAIndustryMarket
7 Day1.2%2.7%2.0%
30 Day1.1%0.6%0.8%
90 Day-4.1%1.4%-3.0%
1 Year57.2%57.2%64.1%57.3%-16.0%-17.4%
3 Year79.1%79.1%61.3%49.2%-46.6%-48.6%
5 Year387.7%387.7%197.0%143.9%-38.3%-41.6%

Long-Term Price Volatility Vs. Market

How volatile is GEK TERNA Holdings Real Estate Construction's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GEK TERNA Holdings Real Estate Construction undervalued compared to its fair value and its price relative to the market?

43.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: GEKTERNA (€9.51) is trading below our estimate of fair value (€16.85)

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


Price To Earnings Ratio

PE vs Industry: GEKTERNA is poor value based on its PE Ratio (74x) compared to the European Construction industry average (15.3x).

PE vs Market: GEKTERNA is poor value based on its PE Ratio (74x) compared to the Greek market (21.5x).


Price to Earnings Growth Ratio

PEG Ratio: GEKTERNA is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: GEKTERNA is overvalued based on its PB Ratio (1.8x) compared to the GR Construction industry average (1.4x).


Future Growth

How is GEK TERNA Holdings Real Estate Construction forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

58.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GEKTERNA's forecast earnings growth (58.1% per year) is above the savings rate (3.9%).

Earnings vs Market: GEKTERNA's earnings (58.1% per year) are forecast to grow faster than the Greek market (38.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: GEKTERNA's revenue (11.6% per year) is forecast to grow faster than the Greek market (6.3% per year).

High Growth Revenue: GEKTERNA's revenue (11.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GEKTERNA's Return on Equity is forecast to be low in 3 years time (6%).


Past Performance

How has GEK TERNA Holdings Real Estate Construction performed over the past 5 years?

-6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GEKTERNA has a large one-off gain of €23.5M impacting its December 31 2020 financial results.

Growing Profit Margin: GEKTERNA's current net profit margins (1.3%) are lower than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: GEKTERNA has become profitable over the past 5 years, growing earnings by -6% per year.

Accelerating Growth: GEKTERNA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GEKTERNA had negative earnings growth (-46.7%) over the past year, making it difficult to compare to the Construction industry average (5.4%).


Return on Equity

High ROE: GEKTERNA's Return on Equity (7%) is considered low.


Financial Health

How is GEK TERNA Holdings Real Estate Construction's financial position?


Financial Position Analysis

Short Term Liabilities: GEKTERNA's short term assets (€1.8B) exceed its short term liabilities (€801.6M).

Long Term Liabilities: GEKTERNA's short term assets (€1.8B) do not cover its long term liabilities (€3.0B).


Debt to Equity History and Analysis

Debt Level: GEKTERNA's debt to equity ratio (294.4%) is considered high.

Reducing Debt: GEKTERNA's debt to equity ratio has increased from 135.8% to 294.4% over the past 5 years.

Debt Coverage: GEKTERNA's debt is not well covered by operating cash flow (13%).

Interest Coverage: GEKTERNA's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Dividend

What is GEK TERNA Holdings Real Estate Construction current dividend yield, its reliability and sustainability?

0.88%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if GEKTERNA's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GEKTERNA is not paying a notable dividend for the Greek market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GEKTERNA'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?

4.3yrs

Average board tenure


CEO

George Peristeris (64 yo)

no data

Tenure

Mr. Georgios Peristeris, also known as George, serves as Chairman of the Board at GEK TERNA Holdings, Real Estate, Construction S.A. since 2018. Mr. Peristeris joined GEK TERNA Holdings, Real Estate, Const...


Board Members

Experienced Board: GEKTERNA's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: GEKTERNA insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

GEK TERNA Holdings, Real Estate, Construction S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GEK TERNA Holdings, Real Estate, Construction S.A.
  • Ticker: GEKTERNA
  • Exchange: ATSE
  • Founded: 1960
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: €900.531m
  • Shares outstanding: 94.69m
  • Website: https://www.gekterna.com

Number of Employees


Location

  • GEK TERNA Holdings, Real Estate, Construction S.A.
  • 85, Mesogeion Avenue
  • Athens
  • 115 26
  • Greece

Listings


Biography

GEK TERNA Holdings, Real Estate, Construction S.A., together with its subsidiaries, engages in the construction, energy, real estate, industrial, and concession businesses in Greece, the Balkans, the Middl...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/08/04 21:35
End of Day Share Price2021/08/04 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.