ATSE:MYTIL

Stock Analysis Report

Executive Summary

Mytilineos Holdings S.A., through its subsidiaries, engages in metallurgy, engineering, procurement, construction, and energy businesses in Greece and internationally.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Share Price & News

How has Mytilineos Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.7%

MYTIL

0.6%

GR Industrials

2.6%

GR Market


1 Year Return

17.6%

MYTIL

-7.1%

GR Industrials

19.9%

GR Market

MYTIL outperformed the Industrials industry which returned -7% over the past year.

MYTIL matched the Greece Market (18.4%) over the past year.


Share holder returns

MYTILIndustryMarket
7 Day2.7%0.6%2.6%
30 Day-0.6%9.6%5.4%
90 Day-1.6%-5.0%5.4%
1 Year22.0%17.6%-3.8%-7.1%23.7%19.9%
3 Year177.1%158.0%11.1%1.2%63.1%48.5%
5 Year76.7%61.2%39.8%18.4%-79.1%-79.7%

Price Volatility Vs. Market

How volatile is Mytilineos Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

9.97x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Mytilineos Holdings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Mytilineos Holdings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Mytilineos Holdings is good value based on earnings compared to the Europe Industrials industry average.

Mytilineos Holdings is good value based on earnings compared to the Greece market.


Price Based on Expected Growth

Mytilineos Holdings is poor value based on expected growth next year.


Price Based on Value of Assets

Mytilineos Holdings is good value based on assets compared to the Europe Industrials industry average.


Next Steps

Future Growth

How is Mytilineos Holdings expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

7.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Mytilineos Holdings's revenue is expected to grow by 6% yearly, however this is not considered high growth (20% yearly).

Mytilineos Holdings's earnings are expected to grow by 7.1% yearly, however this is not considered high growth (20% yearly).

Mytilineos Holdings's revenue growth is expected to exceed the Greece market average.

Mytilineos Holdings's earnings growth is positive but not above the Greece market average.

Mytilineos Holdings's earnings growth is expected to exceed the low risk savings rate of 4.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Mytilineos Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Mytilineos Holdings performed over the past 5 years?

30.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mytilineos Holdings has delivered over 20% year on year earnings growth in the past 5 years.

Mytilineos Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Mytilineos Holdings's 1-year earnings growth is negative, it can't be compared to the Europe Industrials industry average.


Return on Equity

Mytilineos Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Mytilineos Holdings used its assets more efficiently than the Europe Industrials industry average last year based on Return on Assets.


Return on Capital Employed

Mytilineos Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Mytilineos Holdings's financial position?


Financial Position Analysis

Mytilineos Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Mytilineos Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Mytilineos Holdings's level of debt (38.3%) 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 (58% vs 38.3% today).

Debt is well covered by operating cash flow (39.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 10.4x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.9x debt.


Next Steps

Dividend

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

4.30%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Mytilineos Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Greece (1.83%).

Mytilineos Holdings's dividend is below the markets top 25% of dividend payers in Greece (3.78%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.8x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).


Next Steps

Management

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

2.2yrs

Average management tenure


CEO

Evangelos Mytilineos (65yo)

0yrs

Tenure

€254,537

Compensation

Mr. Evangelos G. Mytilineos serves as the Chief Executive Officer of MYTILINEOS S.A. (Formerly known as MYTILINEOS Holdings S.A.) and served as its Managing Director until May 26, 2017. Mr. Mytilineos head ...


Management Age and Tenure

2.2yrs

Average Tenure

57yo

Average Age

The tenure for the Mytilineos Holdings management team is about average.


Board Age and Tenure

1.3yrs

Average Tenure

56.5yo

Average Age

The average tenure for the Mytilineos Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Evangelos Mytilineos (65yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €254.54k
  • Nikolaos Kontos

    Head of Shareholders Department

    • Tenure: 0yrs
  • Nikolaou Thomais

    Head of Internal Audit

    • Tenure: 0yrs
  • Yiannis Kalafatas

    Chief Financial Officer

    • Tenure: 2.2yrs
  • Fotis Spyrakos

    Chief of Staff

    • Tenure: 2.2yrs
  • Vivian Bouzali

    Director of Communication & Marketing Strategy

    • Tenure: 2.2yrs
  • Evangelos Chrisafis (55yo)

    Executive Vice Chairman

    • Tenure: 0yrs
  • Dimitris Papadopoulos (56yo)

    GM of Investor Relations & Corporate Governance and Executive Director

    • Tenure: 1.3yrs
  • Dimitra Brakatselou

    General Manager of Human Resources

    • Tenure: 2.2yrs
  • Leda Condoyanni (58yo)

    Corporate Secretary

    • Tenure: 1.5yrs

Board Members

  • Evangelos Mytilineos (65yo)

    Chairman & CEO

    • Tenure: 0yrs
    • Compensation: €254.54k
  • Spiros Kasdas (73yo)

    Non-Executive Vice Chairman

    • Tenure: 0yrs
  • George Chryssikos (47yo)

    Independent Non-Executive Director

    • Tenure: 2.7yrs
  • Christos Zerefos (76yo)

    Lead Independent Director

    • Tenure: 1.7yrs
  • Evangelos Chrisafis (55yo)

    Executive Vice Chairman

    • Tenure: 0yrs
  • Dimitris Papadopoulos (56yo)

    GM of Investor Relations & Corporate Governance and Executive Director

    • Tenure: 1.3yrs
  • Peggy Antonakou (44yo)

    Independent Non-Executive Director

    • Tenure: 1.3yrs
  • Emmanouil Kakaras (57yo)

    Independent Non-Executive Director

    • Tenure: 1.3yrs
  • Konstantina Mavraki (47yo)

    Independent Non-Executive Director

    • Tenure: 1.3yrs
  • Alexios Pilavios (66yo)

    Independent Non-Executive Director

    • Tenure: 1.3yrs

Company Information

Mytilineos Holdings S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mytilineos Holdings S.A.
  • Ticker: MYTIL
  • Exchange: ATSE
  • Founded: 1990
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: €1.430b
  • Shares outstanding: 142.89m
  • Website: https://www.mytilineos.gr

Number of Employees


Location

  • Mytilineos Holdings S.A.
  • 8 Artemidos Street
  • Maroussi
  • Athens
  • 151 25
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MYTILATSE (The Athens Stock Exchange)YesCommon Registered SharesGREURFeb 2000
0KAZLSE (London Stock Exchange)YesCommon Registered SharesGBEURFeb 2000
MYTH.FOTCPK (Pink Sheets LLC)YesCommon Registered SharesUSUSDFeb 2000
MYTH.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDOct 2008

Biography

Mytilineos Holdings S.A., through its subsidiaries, engages in metallurgy, engineering, procurement, construction, and energy businesses in Greece and internationally. The company operates through three se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 20:45
End of Day Share Price2019/09/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.