ATSE:FIER

Stock Analysis Report

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Executive Summary

Fieratex S.A. operates as a textile company in Greece and internationally.


Snowflake Analysis

Acceptable track record with imperfect balance sheet.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-2.3%

FIER

-0.9%

GR Luxury

2.7%

GR Market


1 Year Return

95.0%

FIER

6.2%

GR Luxury

-16.5%

GR Market

Return vs Industry: FIER exceeded the Greek Luxury industry which returned 9.1% over the past year.

Return vs Market: FIER exceeded the Greek Market which returned -15.7% over the past year.


Shareholder returns

FIERIndustryMarket
7 Day-2.3%-0.9%2.7%
30 Day2.6%6.2%2.4%
90 Day-17.5%-13.3%-18.9%
1 Year95.0%95.0%8.2%6.2%-13.0%-16.5%
3 Year472.0%472.0%110.2%95.2%-8.4%-17.2%
5 Year230.0%230.0%90.3%67.3%-70.2%-71.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

16.81x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FIER's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FIER's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FIER is poor value based on its PE Ratio (17.2x) compared to the Luxury industry average (15.5x).

PE vs Market: FIER is poor value based on its PE Ratio (17.2x) compared to the Greek market (13.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FIER is good value based on its PB Ratio (0.4x) compared to the GR Luxury industry average (0.6x).


Next Steps

Future Growth

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

14.2%

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 Fieratex 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 Fieratex performed over the past 5 years?

31.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FIER has high quality earnings.

Growing Profit Margin: FIER became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FIER has become profitable over the past 5 years, growing earnings by 31.4% per year.

Accelerating Growth: FIER has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FIER has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (-16.7%).


Return on Equity

High ROE: FIER's Return on Equity (2.1%) is considered low.


Next Steps

Financial Health

How is Fieratex's financial position?


Financial Position Analysis

Short Term Liabilities: FIER's short term assets (€16.5M) exceed its short term liabilities (€11.4M).

Long Term Liabilities: FIER's short term assets (€16.5M) exceed its long term liabilities (€4.0M).


Debt to Equity History and Analysis

Debt Level: FIER's debt to equity ratio (48.8%) is considered high.

Reducing Debt: FIER's debt to equity ratio has increased from 32.5% to 48.8% over the past 5 years.

Debt Coverage: FIER's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: FIER's interest payments on its debt are not well covered by EBIT (0.4x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if FIER'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 FIER'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?

5.9yrs

Average board tenure


CEO

Anezoulakis Ioannis (62yo)

6.33yrs

Tenure

Mr. Anezoulakis Ioannis has been the Chairman of the Board and Chief Executive Officer of FIERATEX S.A. since 2014. Mr. Ioannis has an extensive experience in the textile sector. He serves as a Directors o ...


Board Members

NamePositionTenureCompensationOwnership
Anezoulakis Ioannis
Executive Chairman of the Board of Directors & CEO6.33yrsno datano data
Aikaterini Zervou
Executive Member of the Board of Directors 5.92yrsno datano data
Dimitrios Anezoulakis
Executive Member of the Board of Directors6.33yrsno datano data
Athanasios Mantikos
Non-Executive Member of the Board of Directors5.92yrsno datano data
Aristotelis Papatheodorou
Independent Non-Executive Member of the Board of Directors5.92yrsno datano data
Nikolaos Zervos
Independent Non-Executive Member of the Board of Directors5.92yrsno datano data

5.9yrs

Average Tenure

Experienced Board: FIER's board of directors are considered experienced (5.9 years average tenure).


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

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


Key Information

  • Name: Fieratex S.A.
  • Ticker: FIER
  • Exchange: ATSE
  • Founded: 1988
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: €4.377m
  • Shares outstanding: 10.20m
  • Website: https://www.fieratex.gr

Location

  • Fieratex S.A.
  • Nea Santa
  • Kilkis
  • 611 00
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FIERATSE (The Athens Stock Exchange)YesOrdinary SharesGREURJun 1999

Biography

Fieratex S.A. operates as a textile company in Greece and internationally. The company provides light wear, inkjet or rotaty printed, water-resilient, and technical fabrics, as well as fabrics for women’s wear. It also offers garments. The company serves sports brands, department stores, mail order companies, and retail chains. Fieratex S.A. was founded in 1988 and is based in Kilkis, Greece. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 20:37
End of Day Share Price2020/05/27 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.