ATSE:ELBE

Stock Analysis Report

Executive Summary

Elve S.A. produces and sells uniforms, corporate clothing, accessories, and personal protective equipment in France and internationally.

Snowflake

Fundamentals

Flawless balance sheet with questionable track record.

Risks

  • Elve is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-3.0%

ATSE:ELBE

0.6%

GR Luxury

0.7%

GR Market


1 Year Return

39.7%

ATSE:ELBE

-72.8%

GR Luxury

5.5%

GR Market

ELBE outperformed the Luxury industry which returned -72.7% over the past year.

ELBE outperformed the Market in Greece which returned 4% over the past year.


Share holder returns

ELBEIndustryMarket
7 Day-3.0%0.6%0.7%
30 Day1.0%1.8%14.7%
90 Day-1.0%1.3%16.1%
1 Year50.9%39.7%-72.7%-72.8%7.9%5.5%
3 Year168.8%97.0%-67.2%-67.2%37.8%27.4%
5 Year177.0%63.1%-76.6%-77.5%-82.4%-82.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

26.04x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Elve is good value based on earnings compared to the GR Luxury industry average.

Elve is overvalued based on earnings compared to the Greece market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Elve, we can't assess if its growth is good value.


Price Based on Value of Assets

Elve is overvalued based on assets compared to the GR Luxury industry average.


Next Steps

Future Growth

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

-16.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Elve is high growth as no revenue estimate data is available.

Elve's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Elve's revenue growth to the Greece market average as no estimate data is available.

Elve's earnings are expected to decrease over the next 1-3 years, this is below the Greece market average.

Elve's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 4.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Elve will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Elve performed over the past 5 years?

57.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Elve's 1-year earnings growth is less than its 5-year average (3.6% vs 57.7%)

Elve's earnings growth has not exceeded the Europe Luxury industry average in the past year (3.6% vs 14.5%).


Return on Equity

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


Return on Assets

Elve used its assets less efficiently than the GR Luxury industry average last year based on Return on Assets.


Return on Capital Employed

Elve has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Elve's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

Elve's level of debt (5.5%) 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 (15.4% vs 5.5% today).

Debt is well covered by operating cash flow (151.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 24.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 16.3x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Elve's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Elve's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Elve has not reported any payouts.

Unable to verify if Elve's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Elve has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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


CEO

Tilemachos Kitsikopoulos

Mr. Tilemachos P. Kitsikopoulos serves as an Executive Chairman of The Board of Directors and Chief Executive Officer of Elve S.A. and served as its President. 


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Tilemachos Kitsikopoulos

    Executive Chairman of the Board & CEO

  • Ronald Barkshire

    Executive Vice-Chairman of the Board

    • Tenure: 34.4yrs
  • Panagiotis Kogkalidis

    Chief Financial Officer


Board Members

  • Tilemachos Kitsikopoulos

    Executive Chairman of the Board & CEO

  • Ronald Barkshire

    Executive Vice-Chairman of the Board

    • Tenure: 34.4yrs
  • Paschalis Kitsikopoulos

    Non-Executive Director

  • Aggelos Tsatsoulis

    Independent Non-Executive Director

    • Tenure: 9.0yrs
  • Foteini Papadimitriou (59yo)

    Non-Executive Director

  • Eleni Samara (59yo)

    Independent Non-Executive Director

  • Athanasia Papagaki (58yo)

    Independent Non-Executive Director

Company Information

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


Key Information

  • Name: Elve S.A.
  • Ticker: ELBE
  • Exchange: ATSE
  • Founded: 1971
  • Industry: apparel, accessories and luxury goods
  • Sector: consumer durables
  • Market Cap: €13.032m
  • Shares outstanding: 3.31m
  • Website: Click here

Location

  • Elve S.A.
  • N. Peramos
  • Agios Andreas
  • Kavala
  • 640 07
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ELBEATSE (The Athens Stock Exchange)YesOrdinary SharesGREURJul 1995

Biography

Elve S.A. produces and sells uniforms, corporate clothing, accessories, and personal protective equipment in France and internationally. It offers formal company clothes for museums, banks, casinos, hotels ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/06/18 20:44
End of Day Share Price2019/06/18 00:00
Earnings2018/12/31
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.