ATSE:MEVA

Stock Analysis Report

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Market Cap

€21.6m

Last Updated

2021/06/23 22:24 UTC

Data Sources

Company Financials

Executive Summary

Mevaco S.A. engages in the metal fabrication and construction works in Greece. More Details

Risk Analysis

Does not have a meaningful market cap (€22M)



Snowflake Analysis

Flawless balance sheet and overvalued.

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 is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MEVA's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

0.5%

MEVA

-0.6%

GR Machinery

-0.5%

GR Market


1 Year Return

51.5%

MEVA

38.7%

GR Machinery

-26.7%

GR Market

Return vs Industry: MEVA exceeded the Greek Machinery industry which returned 38.7% over the past year.

Return vs Market: MEVA exceeded the Greek Market which returned -26.7% over the past year.


Shareholder returns

MEVAIndustryMarket
7 Day0.5%-0.6%-0.5%
30 Day4.6%1.3%4.4%
90 Day15.1%4.3%-5.0%
1 Year51.5%51.5%44.0%38.7%-25.6%-26.7%
3 Year112.4%112.4%43.9%32.0%-47.2%-48.9%
5 Year107.9%100.0%105.4%75.4%-46.3%-48.5%

Long-Term 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

Valuation

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

0.97x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MEVA (€2.06) is trading above our estimate of fair value (€0)

Significantly Below Fair Value: MEVA is trading above our estimate of fair value.


Price To Earnings Ratio

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

PE vs Market: MEVA 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 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 (1x) compared to the XE Machinery industry average (2.2x).


Future Growth

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

15.7%

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.


Past Performance

How has Mevaco performed over the past 5 years?

9.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MEVA is currently unprofitable.

Growing Profit Margin: MEVA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MEVA is unprofitable, but has reduced losses over the past 5 years at a rate of 9.5% per year.

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

Earnings vs Industry: MEVA is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-6.9%).


Return on Equity

High ROE: MEVA has a negative Return on Equity (-2.42%), as it is currently unprofitable.


Financial Health

How is Mevaco's financial position?


Financial Position Analysis

Short Term Liabilities: MEVA's short term assets (€9.7M) exceed its short term liabilities (€6.6M).

Long Term Liabilities: MEVA's short term assets (€9.7M) exceed its long term liabilities (€4.0M).


Debt to Equity History and Analysis

Debt Level: MEVA's debt to equity ratio (23.5%) is considered satisfactory.

Reducing Debt: MEVA's debt to equity ratio has reduced from 24.9% to 23.5% over the past 5 years.


Balance Sheet


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 MEVA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: MEVA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.6% per year.


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: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


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: €21.630m
  • Shares outstanding: 10.50m
  • Website: https://www.mevaco.gr

Number of Employees


Location

  • Mevaco S.A.
  • NATO Avenue
  • Prari - Moustaki
  • Aspropyrgos
  • 193 00
  • Greece

Listings


Biography

Mevaco S.A. engages in the metal fabrication and construction works in Greece. It offers sheet metalwork fabrications services, such as cutting and laser cutting, punching, forming, bending, roll forming, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/23 22:24
End of Day Share Price2021/06/23 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.