Mevaco
Market Cap
€13.3m
Last Updated
2020/08/13 22:50 UTC
Data Sources
Company Financials
Executive Summary
Mevaco S.A. engages in the metal fabrication and construction works in Greece.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with questionable track record.
Share Price & News
How has Mevaco's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MEVA has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.1%
MEVA
3.3%
GR Machinery
0.4%
GR Market
1 Year Return
1.6%
MEVA
19.6%
GR Machinery
-16.2%
GR Market
Return vs Industry: MEVA underperformed the Greek Machinery industry which returned 18.6% over the past year.
Return vs Market: MEVA exceeded the Greek Market which returned -16.7% over the past year.
Shareholder returns
| MEVA | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | 3.3% | 0.4% |
| 30 Day | -7.3% | 4.2% | 1.2% |
| 90 Day | -13.0% | 22.5% | 7.0% |
| 1 Year | 1.6%1.6% | 22.9%19.6% | -12.7%-16.2% |
| 3 Year | 15.5%15.5% | 11.7%0.4% | -12.5%-20.1% |
| 5 Year | 30.7%25.7% | 58.7%34.9% | -24.6%-31.6% |
Price Volatility Vs. Market
How volatile is Mevaco's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Should You Worry About Mevaco S.A.’s (ATH:MEVA) ROCE?3 months ago | Simply Wall St
Does Mevaco (ATH:MEVA) Have A Healthy Balance Sheet?5 months ago | Simply Wall St
Should Mevaco S.A.’s (ATH:MEVA) Weak Investment Returns Worry You?Valuation
Is Mevaco undervalued compared to its fair value and its price relative to the market?
29.87x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MEVA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MEVA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MEVA is poor value based on its PE Ratio (29.9x) compared to the XE Machinery industry average (19.9x).
PE vs Market: MEVA is poor value based on its PE Ratio (29.9x) compared to the Greek market (14x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MEVA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MEVA is good value based on its PB Ratio (0.6x) compared to the XE Machinery industry average (1.5x).
Next Steps
Future Growth
How is Mevaco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
23.6%
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 Mevaco 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
- Examine Mevaco's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Mevaco competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Mevaco performed over the past 5 years?
6.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MEVA has a large one-off gain of €160.2K impacting its December 31 2019 financial results.
Growing Profit Margin: MEVA became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: MEVA has become profitable over the past 5 years, growing earnings by 6.6% per year.
Accelerating Growth: MEVA has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MEVA has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (-21.9%).
Return on Equity
High ROE: MEVA's Return on Equity (2%) is considered low.
Next Steps
Financial Health
How is Mevaco's financial position?
Financial Position Analysis
Short Term Liabilities: MEVA's short term assets (€7.5M) exceed its short term liabilities (€6.0M).
Long Term Liabilities: MEVA's short term assets (€7.5M) exceed its long term liabilities (€2.4M).
Debt to Equity History and Analysis
Debt Level: MEVA's debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: MEVA's debt to equity ratio has reduced from 25.6% to 16.9% over the past 5 years.
Debt Coverage: MEVA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: MEVA's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
Next Steps
Dividend
What is Mevaco current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MEVA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MEVA'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 MEVA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MEVA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MEVA is not paying a notable dividend for the Greek market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MEVA'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?
CEO
Spiridon Delendas
no data
Tenure
Mr. Spiridon Nikolaou Delendas serves as an Executive Vice-President of the Board of Directors and Chief Executive Officer at Mevaco SA.
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
Mevaco S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mevaco S.A.
- Ticker: MEVA
- Exchange: ATSE
- Founded: 1993
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: €13.335m
- Shares outstanding: 10.50m
- Website: https://www.mevaco.gr
Location
- Mevaco S.A.
- NATO Avenue
- Prari - Moustaki
- Aspropyrgos
- 193 00
- Greece
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MEVA | ATSE (The Athens Stock Exchange) | Yes | Common Shares | GR | EUR | Mar 1999 |
| 0F8O | LSE (London Stock Exchange) | Yes | Common Shares | GB | EUR | Mar 1999 |
Biography
Mevaco S.A. engages in the metal fabrication and construction works in Greece. It offers sheet metal fabrications to customer specifications for household electric appliances, beverage coolers, central hea ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/13 22:50 |
| End of Day Share Price | 2020/08/13 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.