ATSE:ASCO

Stock Analysis Report

As Commercial Industrial Company of Computers and Toys

Executive Summary

As Commercial Industrial Company of Computers and Toys S.A.

Snowflake

Flawless balance sheet and fair value.

Share Price & News

How has As Commercial Industrial Company of Computers and Toys's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ASCO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.1%

ASCO

1.7%

GR Leisure

1.9%

GR Market


1 Year Return

11.3%

ASCO

12.1%

GR Leisure

36.7%

GR Market

Return vs Industry: ASCO matched the Greek Leisure industry which returned 12.1% over the past year.

Return vs Market: ASCO underperformed the Greek Market which returned 36.7% over the past year.


Shareholder returns

ASCOIndustryMarket
7 Day-2.1%1.7%1.9%
30 Day-4.4%6.3%2.9%
90 Day-6.6%9.6%13.6%
1 Year13.9%11.3%15.5%12.1%41.5%36.7%
3 Year345.8%314.8%79.7%63.9%55.9%41.8%
5 Year445.7%337.1%85.0%62.4%-77.7%-78.3%

Price Volatility Vs. Market

How volatile is As Commercial Industrial Company of Computers and Toys's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is As Commercial Industrial Company of Computers and Toys undervalued compared to its fair value and its price relative to the market?

12.24x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ASCO (€2.85) is trading above our estimate of fair value (€0.38)

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


Price To Earnings Ratio

PE vs Industry: ASCO is good value based on its PE Ratio (12.2x) compared to the Leisure industry average (18.7x).

PE vs Market: ASCO is good value based on its PE Ratio (12.2x) compared to the Greek market (16.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ASCO is good value based on its PB Ratio (1.3x) compared to the XE Leisure industry average (1.9x).


Next Steps

Future Growth

How is As Commercial Industrial Company of Computers and Toys forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ASCO's forecast earnings growth (15.1% per year) is above the savings rate (4.9%).

Earnings vs Market: ASCO's earnings (15.1% per year) are forecast to grow slower than the Greek market (17.9% per year).

High Growth Earnings: ASCO's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if ASCO's revenue is forecast to grow faster than the Greek market.

High Growth Revenue: Insufficient data to determine if ASCO's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ASCO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has As Commercial Industrial Company of Computers and Toys performed over the past 5 years?

19.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ASCO has high quality earnings.

Growing Profit Margin: ASCO's current net profit margins (11.8%) are lower than last year (14%).


Past Earnings Growth Analysis

Earnings Trend: ASCO's earnings have grown by 19.7% per year over the past 5 years.

Accelerating Growth: ASCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ASCO had negative earnings growth (-16.5%) over the past year, making it difficult to compare to the Leisure industry average (2.5%).


Return on Equity

High ROE: ASCO's Return on Equity (10.4%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is As Commercial Industrial Company of Computers and Toys's financial position?


Financial Position Analysis

Short Term Liabilities: ASCO's short term assets (€30.7M) exceeds its short term liabilities (€6.2M)

Long Term Liabilities: ASCO's short term assets (30.7M) exceeds its long term liabilities (1.0M)


Debt to Equity History and Analysis

Debt Level: ASCO's debt to equity ratio (0.05%) is considered satisfactory

Reducing Debt: ASCO's debt to equity ratio has reduced from 13.6% to 0.05% over the past 5 years.

Debt Coverage: ASCO's debt is well covered by operating cash flow (13815.7%).

Interest Coverage: ASCO earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: ASCO has a high level of physical assets or inventory.

Debt Coverage by Assets: ASCO's debt is covered by short term assets (assets are 1990.8x debt).


Next Steps

Dividend

What is As Commercial Industrial Company of Computers and Toys's current dividend yield, its reliability and sustainability?

2.46%

Current Dividend Yield


Dividend Yield vs Market

company2.5%marketbottom25%1.9%markettop25%3.9%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: ASCO's dividend (2.46%) is higher than the bottom 25% of dividend payers in the Greek market (1.86%).

High Dividend: ASCO's dividend (2.46%) is low compared to the top 25% of dividend payers in the Greek market (3.92%).


Stability and Growth of Payments

Stable Dividend: ASCO's dividend payments have been volatile in the past 10 years.

Growing Dividend: ASCO's dividend payments have fallen over the past 10 years.


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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of As Commercial Industrial Company of Computers and Toys's salary, the management and board of directors tenure and is there insider trading?


CEO

Andreadis Efstratios (62yo)

0yrs

Tenure

0

Mr. Andreadis Konstantinos Efstratios Co-Founded AS Company S.A. (formerly AS Company AE) on November 18, 1990 and serves as its Chief Executive Officer, Managing Director and Executive Chairman of the Boa ...


Insider Trading

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.


Management Team

  • Panagiotis Papaspyrou (59yo)

    Chief Financial Officer

    • Tenure: 0yrs
  • Andreadis Efstratios (62yo)

    Executive Chairman of the Board of Directors. CEO & MD

    • Tenure: 0yrs
  • Theodora Koufou (47yo)

    GM & Executive Member of the Board of Directors

    • Tenure: 0yrs
  • Olymbia Bagioki (57yo)

    Head of Accountant

    • Tenure: 0yrs
  • Andreadou Anastasia (69yo)

    Co-Founder & Executive Vice-Chairman of the Board of Directors

    • Tenure: 0yrs
  • Aggeliki-Maria Tanakidou (42yo)

    Head of Investor Relations

    • Tenure: 0yrs

Board Members

  • Apostolos Petalas (58yo)

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Andreadis Efstratios (62yo)

    Executive Chairman of the Board of Directors. CEO & MD

    • Tenure: 0yrs
  • Theodora Koufou (47yo)

    GM & Executive Member of the Board of Directors

    • Tenure: 0yrs
  • Andreadou Anastasia (69yo)

    Co-Founder & Executive Vice-Chairman of the Board of Directors

    • Tenure: 0yrs
  • Mechteridis Theofilos (53yo)

    Non-Executive Director

    • Tenure: 0yrs
  • Iakovou Petros

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Apostolakos Ioannis

    Independent Non-Executive Director

    • Tenure: 0yrs

Company Information

As Commercial Industrial Company of Computers and Toys S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: As Commercial Industrial Company of Computers and Toys S.A.
  • Ticker: ASCO
  • Exchange: ATSE
  • Founded: 1990
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: €37.409m
  • Shares outstanding: 13.13m
  • Website: https://www.ascompany.gr

Number of Employees


Location

  • As Commercial Industrial Company of Computers and Toys S.A.
  • Ionia Street
  • Oreokastro
  • Thessaloniki
  • 570 13
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ASCOATSE (The Athens Stock Exchange)EUR0.68GREURNo data
ASCOATSE (The Athens Stock Exchange)YesOrdinary SharesGREUROct 2000

Biography

As Commercial Industrial Company of Computers and Toys S.A. designs, manufactures, imports, and trades in toys for various ages in Greece and internationally. It offers approximately 1,500 game codes in th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/16 20:35
End of Day Share Price2019/11/15 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.