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Market Cap

€14.9m

Last Updated

2021/09/22 16:20 UTC

Data Sources

Company Financials

Executive Summary

Dromeas SA produces and sells office furniture, partition walls, filing systems, and custom-made furniture solutions. More Details


Snowflake Analysis

Solid track record and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: DROME is not significantly more volatile than the rest of Greek stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DROME's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-1.6%

DROME

-1.8%

GR Commercial Services

-1.0%

GR Market


1 Year Return

17.2%

DROME

28.6%

GR Commercial Services

-10.6%

GR Market

Return vs Industry: DROME underperformed the Greek Commercial Services industry which returned 28.6% over the past year.

Return vs Market: DROME exceeded the Greek Market which returned -10.6% over the past year.


Shareholder returns

DROMEIndustryMarket
7 Day-1.6%-1.8%-1.0%
30 Day-4.5%-2.5%0.7%
90 Day-10.4%2.8%-0.5%
1 Year17.2%17.2%32.0%28.6%-7.8%-10.6%
3 Year86.5%86.5%20.1%10.3%-32.3%-36.5%
5 Year342.3%342.3%32.0%13.4%-37.0%-41.5%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

19.84x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: DROME (€0.43) is trading above our estimate of fair value (€0.12)

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


Price To Earnings Ratio

PE vs Industry: DROME is good value based on its PE Ratio (19.8x) compared to the European Commercial Services industry average (20.7x).

PE vs Market: DROME is poor value based on its PE Ratio (19.8x) compared to the Greek market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DROME's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: DROME is good value based on its PB Ratio (0.6x) compared to the XE Commercial Services industry average (2.6x).


Future Growth

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

23.2%

Forecasted Commercial Services 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 Dromeas 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 Dromeas performed over the past 5 years?

77.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DROME has high quality earnings.

Growing Profit Margin: DROME's current net profit margins (3.6%) are higher than last year (2.4%).


Past Earnings Growth Analysis

Earnings Trend: DROME has become profitable over the past 5 years, growing earnings by 77.7% per year.

Accelerating Growth: DROME's earnings growth over the past year (80.1%) exceeds its 5-year average (77.7% per year).

Earnings vs Industry: DROME earnings growth over the past year (80.1%) exceeded the Commercial Services industry 39%.


Return on Equity

High ROE: DROME's Return on Equity (2.8%) is considered low.


Financial Health

How is Dromeas's financial position?


Financial Position Analysis

Short Term Liabilities: DROME's short term assets (€29.0M) exceed its short term liabilities (€14.0M).

Long Term Liabilities: DROME's short term assets (€29.0M) exceed its long term liabilities (€24.2M).


Debt to Equity History and Analysis

Debt Level: DROME's debt to equity ratio (101.5%) is considered high.

Reducing Debt: DROME's debt to equity ratio has increased from 97% to 101.5% over the past 5 years.

Debt Coverage: DROME's debt is not well covered by operating cash flow (9.1%).

Interest Coverage: DROME's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

Athanasios Papapanagiotou

no data

Tenure

Mr. Athanasiou Konstantinos Papapanagiotou is a Co-founder of Dromeas SA. and serves its Chairman and Chief Executive Officer and has been an Executive Director of Dromeas SA since December 28, 2012. Mr. P...


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

Dromeas SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dromeas SA
  • Ticker: DROME
  • Exchange: ATSE
  • Founded: 1979
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: €14.860m
  • Shares outstanding: 34.72m
  • Website: https://www.dromeas.gr

Number of Employees


Location

  • Dromeas SA
  • Industrial area of Serres
  • Serres
  • 62121
  • Greece

Listings


Biography

Dromeas SA produces and sells office furniture, partition walls, filing systems, and custom-made furniture solutions. It offers office chairs and desk seating products, including executive, working, visito...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 16:20
End of Day Share Price2021/09/22 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.