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Mevaco

ATSE:MEVA
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MEVA
ATSE
€11M
Market Cap
  1. Home
  2. GR
  3. Capital Goods
Company description

Mevaco S.A. engages in the metal fabrication and construction works in Greece. The last earnings update was 203 days ago. More info.


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MEVA Share Price and Events
7 Day Returns
0%
ATSE:MEVA
3%
Europe Machinery
1.7%
GR Market
1 Year Returns
-3.8%
ATSE:MEVA
-8.5%
Europe Machinery
-7.8%
GR Market
MEVA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mevaco (MEVA) 0% 1.5% 4.7% -3.8% 5.3% -16%
Europe Machinery 3% 7.8% 14% -8.5% 25.8% 29%
GR Market 1.7% 6.3% 20.1% -7.8% 24.2% -58.7%
1 Year Return vs Industry and Market
  • MEVA outperformed the Machinery industry which returned -8.5% over the past year.
  • MEVA outperformed the Market in Greece which returned -7.8% over the past year.
Price Volatility
MEVA
Industry
5yr Volatility vs Market

MEVA Value

 Is Mevaco undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Mevaco to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Mevaco.

ATSE:MEVA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 23.5%
Perpetual Growth Rate 10-Year GR Government Bond Rate 4.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ATSE:MEVA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GR Govt Bond Rate 4.9%
Equity Risk Premium S&P Global 15%
Machinery Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 29%) (37.87%))
1.237
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.24
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 4.93% + (1.237 * 14.99%)
23.48%

Discounted Cash Flow Calculation for ATSE:MEVA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Mevaco is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ATSE:MEVA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 23.48%)
2019 0.13 Est @ -42.96% 0.11
2020 0.10 Est @ -28.59% 0.06
2021 0.08 Est @ -18.53% 0.04
2022 0.07 Est @ -11.49% 0.03
2023 0.06 Est @ -6.57% 0.02
2024 0.06 Est @ -3.12% 0.02
2025 0.06 Est @ -0.7% 0.01
2026 0.06 Est @ 0.99% 0.01
2027 0.06 Est @ 2.17% 0.01
2028 0.07 Est @ 3% 0.01
Present value of next 10 years cash flows €0.32
ATSE:MEVA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €0.07 × (1 + 4.93%) ÷ (23.48% – 4.93%)
€0.37
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €0.37 ÷ (1 + 23.48%)10
€0.05
ATSE:MEVA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €0.32 + €0.05
€0.37
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €0.37 / 10.50
€0.04
ATSE:MEVA Discount to Share Price
Calculation Result
Value per share (EUR) From above. €0.04
Current discount Discount to share price of €1.00
= -1 x (€1.00 - €0.04) / €0.04
-2742.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Mevaco is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mevaco's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mevaco's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ATSE:MEVA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in EUR €-0.15
ATSE:MEVA Share Price ** ATSE (2019-04-18) in EUR €1
Europe Machinery Industry PE Ratio Median Figure of 185 Publicly-Listed Machinery Companies 17.34x
Greece Market PE Ratio Median Figure of 97 Publicly-Listed Companies 13.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mevaco.

ATSE:MEVA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ATSE:MEVA Share Price ÷ EPS (both in EUR)

= 1 ÷ -0.15

-6.77x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mevaco is loss making, we can't compare its value to the Europe Machinery industry average.
  • Mevaco is loss making, we can't compare the value of its earnings to the Greece market.
Price based on expected Growth
Does Mevaco's expected growth come at a high price?
Raw Data
ATSE:MEVA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.77x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Machinery Industry PEG Ratio Median Figure of 121 Publicly-Listed Machinery Companies 1.96x
Greece Market PEG Ratio Median Figure of 19 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Mevaco, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mevaco's assets?
Raw Data
ATSE:MEVA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in EUR €2.28
ATSE:MEVA Share Price * ATSE (2019-04-18) in EUR €1
Europe Machinery Industry PB Ratio Median Figure of 247 Publicly-Listed Machinery Companies 1.78x
Greece Market PB Ratio Median Figure of 139 Publicly-Listed Companies 0.89x
ATSE:MEVA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ATSE:MEVA Share Price ÷ Book Value per Share (both in EUR)

= 1 ÷ 2.28

0.44x

* Primary Listing of Mevaco.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mevaco is good value based on assets compared to the Europe Machinery industry average.
X
Value checks
We assess Mevaco's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check)
  5. Mevaco has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

MEVA Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.2%
Expected Machinery industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mevaco expected to grow at an attractive rate?
  • Unable to compare Mevaco's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Mevaco's earnings growth to the Greece market average as no estimate data is available.
  • Unable to compare Mevaco's revenue growth to the Greece market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ATSE:MEVA Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Machinery Industry Earnings Growth Rate Market Cap Weighted Average 8.2%
Europe Machinery Industry Revenue Growth Rate Market Cap Weighted Average 4.1%
Greece Market Earnings Growth Rate Market Cap Weighted Average 15.7%
Greece Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ATSE:MEVA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ATSE:MEVA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
ATSE:MEVA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-06-30 8 0 -2
2018-03-31 10 0 -2
2017-12-31 11 0 -2
2017-09-30 12 0 -1
2017-06-30 14 1 -1
2017-03-31 15 2 0
2016-12-31 17 2 0
2016-09-30 16 2 0
2016-06-30 15 1 0
2016-03-31 14 2 0
2015-12-31 18 1 0
2015-09-30 21 1 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Mevaco is high growth as no earnings estimate data is available.
  • Unable to determine if Mevaco is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ATSE:MEVA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Mevaco Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:MEVA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
ATSE:MEVA Past Financials Data
Date (Data in EUR Millions) EPS *
2018-06-30 -0.15
2018-03-31 -0.15
2017-12-31 -0.15
2017-09-30 -0.11
2017-06-30 -0.07
2017-03-31 -0.05
2016-12-31 -0.03
2016-09-30 0.03
2016-06-30 -0.01
2016-03-31 -0.05
2015-12-31 -0.03
2015-09-30 -0.11

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Mevaco will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Mevaco's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Mevaco's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Mevaco's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mevaco has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

MEVA Past Performance

  How has Mevaco performed over the past 5 years?

  • Mevaco's last earnings update was 203 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mevaco's growth in the last year to its industry (Machinery).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mevaco does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Mevaco's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Mevaco's 1-year growth to the Europe Machinery industry average as it is not currently profitable.
Earnings and Revenue History
Mevaco's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mevaco Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ATSE:MEVA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 8.42 -1.55 1.59 0.24
2018-03-31 9.52 -1.54 1.53 0.25
2017-12-31 10.62 -1.53 1.47 0.25
2017-09-30 12.10 -1.11 1.59 0.24
2017-06-30 13.58 -0.69 1.72 0.23
2017-03-31 15.41 -0.48 1.86 0.23
2016-12-31 17.23 -0.27 2.00 0.22
2016-09-30 15.77 0.34 1.90 0.21
2016-06-30 14.59 -0.07 1.83 0.20
2016-03-31 13.91 -0.49 1.63 0.17
2015-12-31 17.56 -0.34 2.05 0.20
2015-09-30 21.33 -1.11 2.43 0.18
2015-06-30 22.96 -0.80 2.58 0.22
2015-03-31 23.04 -0.51 2.75 0.25
2014-12-31 13.67 -0.66 1.80 0.22
2014-09-30 18.51 -0.63 2.09 0.24
2014-06-30 21.26 -0.18 2.12 0.21
2014-03-31 22.03 -0.25 2.18 0.22
2013-12-31 23.92 -0.02 2.35 0.23
2013-09-30 30.02 0.82 2.80 0.35
2013-06-30 28.98 0.71 2.77 0.41
2013-03-31 32.97 1.38 3.15 0.42
2012-12-31 31.43 1.41 3.09 0.42
2012-09-30 27.06 0.18 2.81 0.31
2012-06-30 28.37 0.32 2.95 0.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Mevaco has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Mevaco has efficiently used its assets last year compared to the Europe Machinery industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Mevaco improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Mevaco's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mevaco has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

MEVA Health

 How is Mevaco's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mevaco's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mevaco is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mevaco's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mevaco's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mevaco Company Filings, last reported 9 months ago.

ATSE:MEVA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 23.95 3.98 1.42
2018-03-31 23.95 3.98 1.42
2017-12-31 24.92 4.67 1.75
2017-09-30 24.92 4.67 1.75
2017-06-30 26.11 5.06 2.61
2017-03-31 26.11 5.06 2.61
2016-12-31 26.89 5.38 3.06
2016-09-30 26.89 5.38 3.06
2016-06-30 27.23 5.60 2.18
2016-03-31 27.23 5.60 2.18
2015-12-31 27.16 6.78 2.51
2015-09-30 27.75 7.11 1.11
2015-06-30 28.47 7.13 1.67
2015-03-31 28.85 7.71 1.58
2014-12-31 28.69 7.34 1.59
2014-09-30 30.92 7.75 1.81
2014-06-30 31.18 7.98 1.76
2014-03-31 31.32 7.82 2.15
2013-12-31 31.55 7.80 2.69
2013-09-30 32.40 8.10 3.63
2013-06-30 32.17 6.85 2.82
2013-03-31 32.30 6.85 2.11
2012-12-31 32.71 6.99 1.69
2012-09-30 32.01 7.32 1.36
2012-06-30 31.95 7.54 2.82
  • Mevaco's level of debt (16.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (21.3% vs 16.6% today).
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.

  • Whilst loss making Mevaco has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Mevaco has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 27.6% per year.
X
Financial health checks
We assess Mevaco's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Mevaco has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

MEVA Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Mevaco dividends.
If you bought €2,000 of Mevaco shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Mevaco's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mevaco's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ATSE:MEVA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Machinery Industry Average Dividend Yield Market Cap Weighted Average of 140 Stocks 2.5%
Greece Market Average Dividend Yield Market Cap Weighted Average of 51 Stocks 4.1%
Greece Minimum Threshold Dividend Yield 10th Percentile 1.1%
Greece Bottom 25% Dividend Yield 25th Percentile 1.6%
Greece Top 25% Dividend Yield 75th Percentile 4.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ATSE:MEVA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
ATSE:MEVA Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2009-10-30 0.000 0.000
2009-07-30 0.000 0.000
2009-04-30 0.000 0.000
2009-04-21 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Mevaco has not reported any payouts.
  • Unable to verify if Mevaco's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mevaco's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mevaco has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mevaco's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mevaco afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Mevaco has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

MEVA Management

 What is the CEO of Mevaco's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Spiridon Delendas
CEO Bio

Mr. Spiridon Nikolaou Delendas serves as an Executive Vice-President of the Board of Directors and Chief Executive Officer at Mevaco SA.

CEO Compensation
  • Insufficient data for Spiridon to compare compensation growth.
  • Insufficient data for Spiridon to establish whether their remuneration is reasonable compared to companies of similar size in Greece.
Management Team

Dimitrios Kostopoulos

TITLE
Executive President of the Board of Directors

Spiridon Delendas

TITLE
Executive Vice-President of the Board of Directors & CEO

Antonios Roussos

TITLE
CFO & Executive Director
Board of Directors

Dimitrios Kostopoulos

TITLE
Executive President of the Board of Directors

Spiridon Delendas

TITLE
Executive Vice-President of the Board of Directors & CEO

Antonios Roussos

TITLE
CFO & Executive Director

Vasiliki Kostopoulou

TITLE
Non-Executive Director

Mitropoulos Konstantinos

TITLE
Independent & Non-Executive Director

Emmanouil Mparitantonakis

TITLE
Independent & Non-Executive Director

Emmanouil Broutzos

TITLE
Non-Executive Director

Emmanouil Baritantonakis

TITLE
Independent & Non-Executive Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Mevaco's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Mevaco has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

MEVA News

Simply Wall St News

Did You Manage To Avoid Mevaco's (ATH:MEVA) 20% Share Price Drop?

Given that Mevaco didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. … Over half a decade Mevaco reduced its trailing twelve month revenue by 19% for each year.

Simply Wall St -

Is Mevaco S.A.'s (ATH:MEVA) Balance Sheet Strong Enough To Weather A Storm?

(ATH:MEVA) with its market cap of €10.0m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Is Mevaco SA.'s (ATH:MEVA) Balance Sheet Strong Enough To Weather A Storm?

MEVA has shrunken its total debt levels in the last twelve months, from €6.78M to €5.38M , which is made up of current and long term debt. … On top of this, MEVA has generated €2.06M in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 38.19%, meaning that MEVA’s current level of operating cash is high enough to cover debt. … Risk around debt is very low for MEVA, and the company also has the ability and headroom to increase debt if needed going forward.Next Steps: MEVA has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level.

Simply Wall St -

MEVA Company Info

Description

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 heating boilers, indoor and outdoor advertising, promotion racks and stands, vehicles, electric and electronic boards, telecommunication boards, banking services, etc. The company also provides welded metallic constructions to customer specifications for lattice in tunneling, tunneling supports, solar trackers for PV installations, bridges, railings, metallic hangers, and custom structures built to print. In addition, it offers metal welded structures for defense applications; electronic board construction sections; facades aesthetic improvements; and composite electrochemical constructions for installation shelter houses, toll booths, automatic selling machines for gas stations, ticket issuing centers, metallic equipment for shop chain, railway equipment, electrical and electronic equipment, and indoor and outdoor building claddings. Mevaco S.A. was founded in 1993 and is based in Aspropyrgos, Greece.

Details
Name: Mevaco S.A.
MEVA
Exchange: ATSE
Founded: 1993
€10,500,000
10,500,000
Website: http://www.mevaco.gr
Address: Mevaco S.A.
NATO Avenue,
Prari - Moustaki,
Aspropyrgos,
193 00,
Greece
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ATSE MEVA Common Shares The Athens Stock Exchange GR EUR 01. Mar 1999
LSE 0F8O Common Shares London Stock Exchange GB EUR 01. Mar 1999
Number of employees
Current staff
Staff numbers
0
Mevaco employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/18 20:49
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/04/27
Last earnings filing: 2018/09/27
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.