Dromeas SA produces and sells office furniture, partition walls, filing systems, and custom-made furniture solutions. More Details
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.
7 Day Return
GR Commercial Services
1 Year Return
GR Commercial Services
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.
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
3 months ago | Simply Wall StReturns On Capital Are Showing Encouraging Signs At Dromeas (ATH:DROME)
4 months ago | Simply Wall StThese 4 Measures Indicate That Dromeas (ATH:DROME) Is Using Debt Extensively
7 months ago | Simply Wall StAre Dromeas's (ATH:DROME) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Is Dromeas undervalued compared to its fair value and its price relative to the market?
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).
How is Dromeas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Dromeas performed over the past 5 years?
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.
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).
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.
How experienced are the management team and are they aligned to shareholders interests?
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...
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dromeas SA's company bio, employee growth, exchange listings and data sources
- 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
- Dromeas SA
- Industrial area of Serres
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 16:20|
|End of Day Share Price||2021/09/22 00:00|
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.