ATSE:DUR

Stock Analysis Report

Executive Summary

Duros S.A. operates as a menswear company in Greece.

Risk Analysis

Does not have a meaningful market cap (€1M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

Does not have meaningful revenue (€4M)



Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: DUR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

DUR

1.1%

GR Luxury

2.1%

GR Market


1 Year Return

14.4%

DUR

40.5%

GR Luxury

33.9%

GR Market

Return vs Industry: DUR underperformed the Greek Luxury industry which returned 40.5% over the past year.

Return vs Market: DUR underperformed the Greek Market which returned 33.9% over the past year.


Shareholder returns

DURIndustryMarket
7 Day0%1.1%2.1%
30 Day18.4%-2.2%2.1%
90 Day42.1%9.5%5.2%
1 Year14.4%14.4%42.1%40.5%38.3%33.9%
3 Year-32.5%-32.5%269.1%248.9%50.1%36.9%
5 Year-53.8%-53.8%99.2%87.6%-71.2%-72.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: DUR (€0.27) is trading above our estimate of fair value (€0.01)

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


Price To Earnings Ratio

PE vs Industry: DUR is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: DUR is unprofitable, so we can't compare its PE Ratio to the Greek market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: DUR is overvalued based on its PB Ratio (0.8x) compared to the GR Luxury industry average (0.5x).


Next Steps

Future Growth

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

10.8%

Forecasted Consumer Durables 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 Duros 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.


Next Steps

Past Performance

How has Duros performed over the past 5 years?

5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DUR is currently unprofitable.

Growing Profit Margin: DUR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DUR is unprofitable, but has reduced losses over the past 5 years at a rate of 5.2% per year.

Accelerating Growth: Unable to compare DUR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: DUR is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-2.7%).


Return on Equity

High ROE: DUR has a negative Return on Equity (-63.45%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Duros's financial position?


Financial Position Analysis

Short Term Liabilities: DUR's short term assets (€2.6M) do not cover its short term liabilities (€4.0M).

Long Term Liabilities: DUR's short term assets (€2.6M) do not cover its long term liabilities (€6.8M).


Debt to Equity History and Analysis

Debt Level: DUR's debt to equity ratio (306.2%) is considered high.

Reducing Debt: DUR's debt to equity ratio has increased from 176.7% to 306.2% over the past 5 years.


Balance Sheet

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

Debt Coverage by Assets: DUR's debt is not covered by short term assets (assets are 0.6x debt).


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.

Stable Cash Runway: Whilst unprofitable DUR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: DUR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 69.7% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.9%markettop25%3.7%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate DUR's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DUR's dividends per share have been stable in the past.

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


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: No need to calculate the sustainability of DUR's dividend in 3 years as they are not forecast to pay a notable one for the Greek market.


Next Steps

Management

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


CEO

Theodoros Nikolaou 0

0yrs

Tenure

0

Mr. Theodoros Douros Nikolaou serves as the Chief Executive Officer and Executive Director of Duros SA. 


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Theodoros Nikolaou

    Chief Executive Officer and Executive Director

    • Tenure: 0yrs
  • Christoforos Tsipouras

    Chief Financial Officer

    • Tenure: 0yrs
  • Nikolaos Kontodimopoulos

    Head of Accounting

    • Tenure: 0yrs

Board Members

  • Nikolaos Theodorou

    Non-Executive Chairman

    • Tenure: 0yrs
  • Theodoros Nikolaou

    Chief Executive Officer and Executive Director

    • Tenure: 0yrs
  • Angeliki Nikolaou

    Non-Executive Vice-Chairman

    • Tenure: 0yrs
  • Spyridon Panagioti

    Non-Executive Director

    • Tenure: 0yrs
  • Konstantinos Louka

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Christos Sofis

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Sapfo Papagiavi

    Independent Non-Executive Director

    • Tenure: 0yrs

Company Information

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


Key Information

  • Name: Duros S.A.
  • Ticker: DUR
  • Exchange: ATSE
  • Founded: 1960
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: €1.070m
  • Shares outstanding: 3.96m
  • Website: https://www.dur.gr

Location

  • Duros S.A.
  • Maragkopoulou Str. 80
  • Patras
  • 26331
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DURATSE (The Athens Stock Exchange)YesOrdinary SharesGREURAug 2000
0I5SLSE (London Stock Exchange)YesOrdinary SharesGBEURAug 2000

Biography

Duros S.A. operates as a menswear company in Greece. It offers shirts, polo shirts, knitwear and cardigans, T-shirts, trousers, jackets, suits, blazers, and shoes. The company was founded in 1960 and is ba ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/14 20:37
End of Day Share Price2019/12/13 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.