ATSE:ELBE

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

ELBE

-3.5%

GR Luxury

-3.7%

GR Market


1 Year Return

2.0%

ELBE

-9.2%

GR Luxury

-22.8%

GR Market

Return vs Industry: ELBE exceeded the Greek Luxury industry which returned -8.7% over the past year.

Return vs Market: ELBE exceeded the Greek Market which returned -22.9% over the past year.


Shareholder returns

ELBEIndustryMarket
7 Day0%-3.5%-3.7%
30 Day32.3%4.7%-2.0%
90 Day18.8%8.1%1.1%
1 Year7.6%2.0%-7.7%-9.2%-19.8%-22.8%
3 Year116.6%74.9%52.6%43.9%-17.9%-24.8%
5 Year240.1%101.0%84.5%62.7%-68.8%-70.1%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ELBE (€4.18) is trading below our estimate of fair value (€10.76)

Significantly Below Fair Value: ELBE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ELBE is good value based on its PE Ratio (15.6x) compared to the XE Luxury industry average (17.1x).

PE vs Market: ELBE is poor value based on its PE Ratio (15.6x) compared to the Greek market (14.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ELBE is overvalued based on its PB Ratio (0.8x) compared to the GR Luxury industry average (0.4x).


Next Steps

Future Growth

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

14.4%

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 Elve 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 Elve performed over the past 5 years?

75.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ELBE has high quality earnings.

Growing Profit Margin: ELBE's current net profit margins (3.2%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: ELBE has become profitable over the past 5 years, growing earnings by 75.3% per year.

Accelerating Growth: ELBE's earnings growth over the past year (77.4%) exceeds its 5-year average (75.3% per year).

Earnings vs Industry: ELBE earnings growth over the past year (77.4%) exceeded the Luxury industry -16.8%.


Return on Equity

High ROE: ELBE's Return on Equity (2.4%) is considered low.


Next Steps

Financial Health

How is Elve's financial position?


Financial Position Analysis

Short Term Liabilities: ELBE's short term assets (€16.8M) exceed its short term liabilities (€10.7M).

Long Term Liabilities: ELBE's short term assets (€16.8M) exceed its long term liabilities (€6.9M).


Debt to Equity History and Analysis

Debt Level: ELBE's debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: ELBE's debt to equity ratio has reduced from 10% to 1.8% over the past 5 years.

Debt Coverage: ELBE's debt is well covered by operating cash flow (896.1%).

Interest Coverage: ELBE's interest payments on its debt are well covered by EBIT (8.3x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

Tilemachos Kitsikopoulos

no data

Tenure

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. 


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

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: €13.825m
  • Shares outstanding: 3.31m
  • Website: https://www.elvesa.gr

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
0RI4LSE (London Stock Exchange)YesOrdinary SharesGBEURJul 1995

Biography

Elve S.A. produces and sells uniforms, corporate clothing, accessories, and personal protective equipment in France and internationally. It offers formal corporate clothing for businesses, such as museums, banks, casinos, hotels, and large organizations; and T-shirts, polo shirts, and hoodies for sales or customer service employees in large chain stores, such as service stations, telecommunications stores, large organizations, and others. The company also provides general uniform equipment and accessories, including sleeves, work trousers, raincoats, overalls, safety shoes, reflective clothing, accessories, gloves, and hats. In addition, it offers safety uniforms and personal protective clothing, such as bulletproof vests, safety shoes, accessories, clothing bags, isothermal, gloves, etc. for the police, military, and armed forces. The company was founded in 1971 and is headquartered in Kavala, Greece. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 20:57
End of Day Share Price2020/07/13 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.